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Business schools open door to entrepreneurship

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Querying alumni from 132 participating business schools worldwide, the 2014 Alumni perspectives survey is the largest and most far-reaching alumni survey GMAC has ever done and offers insights into career progression, job and school satisfaction, and school engagement of alumni spanning more than five decades.

Around the world, the vast majority of MBA and other graduate business degree holders rate the value of their degree highly (94 per cent), report high degrees of job satisfaction (83 per cent), and say their expectations for the financial return on investment of their graduate management education were met or exceeded (79 per cent). In general, the percentages of alumni reporting satisfaction with their business degrees, jobs, and careers increased the longer they have been out of school.

The survey found that overall, 79 per cent of alumni from the classes of 1959-2013 currently work for an employer, 11 per cent are self-employed, and five per cent were retired. 

The findings include a snapshot view of business school alumni entrepreneurs:

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