More jobs in 2010 – and a starting salary just short of 80,000 US-Dollar

"About one in three alumni from the class of 2010 said the economy did not affect their job search. For many, economic impact resulted in an expansive job search, which meant being more open to different industries, work locations, and compensation levels. The new class didn't want to minimize their job search, and their extensive efforts led the vast majority of them to employment," says survey author Sabeen Sheikh, a research manager at the Graduate Management Admission Council, the organisation that orchestrates the GMAT. 

Key findings for 2010 graduates are:

• Those surveyed sent out an average of 33 resumes or applications, went on an average of six job interviews, yielding 1.9 job offers.
• 59 percent of respondents reported that the job they acquired was definitely the one they desired, and 37 per cent said it was somewhat like the job they desired.
• Although most made cold calls to companies (62 per cent) and monitored online job boards (61 per cent), actually landing their first post-graduation job often required more direct connections. The methods most credited with getting a job were networking with personal contacts (37 per cent) and on-campus interviewing (20 per cent).
• With a median starting salary of 78,820 US-Dollar, 70 per cent said their starting salary met or exceeded their expectations, and 76 per cent indicated their graduate business degree was essential to the success of these efforts.

Find more details at

http://www.gmac.com/gmac/NewsandEvents/GMNews/2011/Feb/Alumni-Perspectives-Survey-Finds-Expanding-Job-Search-Pays-Off-for-the-Class-of-2010.htm?Page=1