If you’re searching for the perfect MBA program, it can be easy to get overwhelmed by the amount of information out there. From rankings to employment data to salary information, MBA statistics abound, and it can be a challenge to sift through the bulk of it to find what really matters to you.
To help you focus your search, we’ve collected 10 key MBA statistics for you. Read on to learn about the job landscape for MBA grads, the options available to you in business school, and quantifiable ways in which you can benefit from earning your MBA.
MBA Statistic #1: 96%
Percentage of global Fortune 100 companies that have MBA graduates in their near-term hiring plans.1 This means the most innovative and desirable companies out there are going out of their way to hire new employees who have put the time and effort into graduate-level business education.
MBA Statistic #2: 39%
The percentage of women enrollment at surveyed business schools in 2019, according to the Forté Foundation.2 This number is up from just 32 percent in 2011, and features numerous business schools with over 40 percent female enrollment, a marked shift in 15 years since not a single business school reported female enrollment at that level in 2005. While there is still a ways to go, business schools appear to be responding to evolving cultural expectations with an increasingly equitable playing field.
MBA Statistic #3: 81%
The percentage of recruiters surveyed by the Graduate Management Admission Council who rated “working with others” as one of the top two most important skills for their job openings.3 This means that an emphasis on collaboration should be at the top of the list of attributes you seek in a strong MBA program. And if you’re planning to enroll in an online program, be sure it is one whose digital interface and course structure emphasize communication, networking, and group work.
MBA Statistic #4: 874
Global number of institutions accredited by the Association to Advance Collegiate Schools of Business (AACSB).4 The AACSB grants accreditation to less than 15 percent of business schools worldwide, and their seal of approval indicates that an institution is committed to academic rigor and continuous improvement.
MBA Statistic #5: 50%
Percentage of online MBA programs reporting growth in their total applications in 2019.5 Online options are on the rise as employers and prospective students alike come to truly understand the quality of education offered in these programs. If the flexibility and convenience an online program offers sounds appealing to you, you should feel free to pursue one with no reservations about how much you’ll learn or whether networking will be possible.
MBA Statistic #6: 5.4%
Year-over-year increase in applications to non-MBA business master’s degree programs.5 As specialized business master’s degrees expand, programs like Santa Clara University’s Online Master of Science in Marketing program are increasingly attractive options for students seeking a shorter-term degree than an MBA and a targeted, in-depth education in the field of their choice.
MBA Statistic #7: 25
Santa Clara’s ranking among all online MBA programs, according to The Princeton Review.6 Only two years after launching their Silicon Valley Online MBA program, SCU’s commitment to excellence and innovation has already been recognized by one of the most significant ranking organizations in the nation.
MBA Statistic #8: 6
The number of concentrations offered in Santa Clara’s Online MBA program. Online students at SCU are able to focus their studies in Leading Innovative Organizations, Marketing, Finance, Data Science and Business Analytics, Entrepreneurship and New Venture Creation, or Food Entrepreneurship. Wherever you want your career to go, SCU’s flexible online program offers a path that can take you there.
MBA Statistic #9: $167,800
Median mid-career salary for MBA graduates from SCU’s Leavey School of Business.7 Santa Clara’s powerful Silicon Valley network routinely connects our MBA alumni to some of the most innovative and successful organizations throughout the Bay Area and around the world, and the salaries they achieve over the course of their careers places them among the highest-paid MBA graduates in the country.
MBA Statistic #10: 1
Online MBA program built in the heart of Silicon Valley. The business education offered at Santa Clara is truly unique. It is delivered by a faculty of innovative business leaders and lifelong-educators and draws together the dynamism of the Valley with the values-centered ethics of the oldest Jesuit institution in the American West.
SCU’s Online MBA Program Is Where It All Adds Up
The numbers don’t lie: The AACSB-accredited Online MBA from Santa Clara University offers a flexible, customizable business education and delivers truly impressive opportunities and outcomes. Learn about the career resources we offer our online students, including the help of a dedicated career resources director to assist you on your professional journey.
1. Retrieved on March 19, 2020, from gmac.com/-/media/files/gmac/research/employment-outlook/gmac-2018-corporate-recruiters-survey-report.pdf
2. Retrieved on March 19, 2020, from cnbc.com/2019/11/11/business-school-applications-are-down-but-women-are-making-gains.html
3. Retrieved on March 19, 2020, from gmac.com/-/media/files/gmac/research/employment-outlook/employability-and-business-school-graduates_corporate-recruiters-survey-2019.pdf
4. Retrieved on March 19, 2020, from aacsb.edu/newsroom/2020/2/delivering-on-excellence-and-the-highest-of-standards-in-business-education
5. Retrieved on March 19, 2020, from gmac.com/-/media/files/gmac/research/admissions-and-application-trends/application-trends-survey-report-2019.pdf
6. Retrieved on March 19, 2020, from princetonreview.com/business/santa-clara-university-leavey-school-business-1011073
7. Retrieved on March 19, 2020, from poetsandquants.com/2018/01/29/the-highest-paid-mba-alumni