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6.3.5 Pharmaceuticals and Healthcare

Top Ten Healthcare MBA Recruiters in 2007

Astra Zeneca, Cigna Healthcare, Eli Lilly, Glaxo Smithkline, Genentech, Johnson & Johnson, Merck, Novartis, Pfizer, Schering Plough. (Medtronic replaced from 2006).

Pharmaceutical companies have always been very active MBA recruiters and pay the best salaries after consulting and investment banking. They also offer attractive benefits and international mobility. They have remained committed to MBAs throughout the last decade and growth in recruitment numbers is steady rather than spectacular.

6.3.6 Small Enterprises and Entrepreneurship

The Internet revolution has given many MBAs the confidence to start their own business on graduation or to join smaller entrepreneurial organisations.

Colleen Clark of Eastern Mountain Sports says, "MBAs bring business acumen, creative thinking and new knowledge (technology, people, branding and product development) to a business. They cut down on lag time between start up and ROI."

Karena Zornow of Drive thru Designs in the US reports that MBAs "have proven to be smart, ambitious, driven, quick learners, adaptable, leaders. These qualities enable them to progress quickly throughout the organization in cross functional roles to make a real impact".

Some schools are reporting that 10% or more have chosen to do so. Technology has reduced the cost of starting a business, even for risk-averse MBAs. At US schools, the percentage of class starting their own business is consistently less than 5%, whereas many European schools exceed this level. Schools reporting particularly high levels of students starting their own businesses include: The Judge Institute, Cambridge University, EM Lyon, Instituto de Empresa, Manchester Business School, Tanaka School Imperial College London.

A growing number of MBAs are interested in working for Small Multinational Enterprises, start-ups or boutique consultancies. Many such firms are owned or managed by MBAs who want to hire dynamic business developers, marketing specialists, salesmen, financial "wizards" and analysts: all classic MBA roles.

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Back to Index TopMBA.com International MBA Recruitment Report 2007

Source: -
QS World MBA Tour - QS TopMBA.com International Recruiter Survey 2007
© QS Quacquarelli Symonds Ltd. 2007
Website: www.topmba.com