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Job Offers Plummet for MBA Class of 2024

1/24/2025

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Summary

Story summary

The School of Management's latest employment report reveals a concerning drop in job offers for the class of 2024, with only 84.8% receiving offers and 81.2% accepting—significant declines from last year's 88.4% and 91.5%. This downturn is largely attributed to industry contractions in consulting and tech, leaving MBA graduates facing tougher job prospects.

History

Historical Context

The decline in job offers for MBA graduates mirrors the post-2008 recession job market, where graduates faced high unemployment rates. Historical trends show that economic downturns lead to lasting impacts on employment opportunities, particularly for new entrants in the workforce, affecting their long-term earning potential.

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Story summary

The School of Management's latest employment report reveals a concerning drop in job offers for the class of 2024, with only 84.8% receiving offers and 81.2% accepting—significant declines from last year's 88.4% and 91.5%. This downturn is largely attributed to industry contractions in consulting and tech, leaving MBA graduates facing tougher job prospects.

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