World Coronavirus Dispatch: Demand for MBAs back to pre-pandemic levels

60% of Asia still closed to tourists, third wave grips Iran, Seoul schools resume in-person classes and other pandemic-related news across the globe

MBA graduates can feel less gloomy about their employment prospects after a survey of recruiters indicated that demand had returned almost to pre-pandemic levels. The number of consultancies, banks and large technology groups saying they planned to hire MBA graduates this year fell from 92 per cent of 712 companies in a survey conducted before March, to 77 per cent by July.

However, in the most recent update to the figures, which are compiled by the Graduate Management Admission Council, the administrator for business school entrance exams, 90 per cent said they would be hiring MBA graduates next year.