Fresh B-school graduates are increasingly shunning the security of a steady job and striking out on their own.
A worldwide survey was conducted among nearly 21,000 alumni representing 132 institutions from 129 countries, covered batches from 1959 to 2013. . It showed a steadily growing preference for self-employment among fresh graduates. The survey was carried out by Graduate Management Admission Council (GMAC), which conducts the GMAT exam for admission to more than 6,000 graduate management programmes worldwide.
It reveals that 45% of those who graduated between 2010 and 2013 preferred self-employment. The case with the previous batches was different. The ratio of students today opting for self-employment is almost double the proportion of their seniors who opted to pursue their own dreams in the 2000-2009 period.
In the 2000-2009 period, 25% of graduates opted for it while in the decade before that the figure was 14%.
- The survey…
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