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2016 Alumni Perspectives
Survey Report
ABOUT THIS STUDY
The Alumni Perspectives Survey is a product of the Graduate Management Admission
Council® (GMAC®), a global nonprofit education organization of leading graduate
business schools and the owner of the Graduate Management Admission Test® (GMAT®).
The GMAT exam is an important part of the admissions process for more than 6,100
graduate management programs around the world. GMAC is dedicated to creating
access to and disseminating information about graduate management education; these
schools and others rely on the Council as the premier provider of reliable data about
the graduate management education industry.

BE A PARTNER IN OUR RESEARCH
Graduate business schools that participate in GMAC’s survey research receive:
n Early-Release Survey Reports that summarize key findings and their implications for

the industry, with year-on-year trends;
n Interactive Data Reports that offer survey participants multiple ways to create

customized views of detailed demographic data most relevant to your program; and
n B enchmark Reports—a free online tool that lets schools generate instant reports

comparing your survey results against those of your peer schools.

VISIT GMAC.COM/SURVEYSIGNUP TO PARTICIPATE

This summary report with overall response information is publicly available at gmac.com/alumniperspectives.
The Interactive Data Report is best viewed in Internet Explorer 10+, Google Chrome, Safari, or iOS browsers.
CONTENTS

Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Key Findings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Assessing Return on Investment (ROI) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Criteria for Calculating ROI of Graduate Business Degree . . . . . . . . . . . . . . . . . 6
The Return on Investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

Employment Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Employed Alumni . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
Self-Employed Alumni . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
Women’s Success . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Essential Skills for Today’s Workforce . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Value of a Graduate Business Education . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
Methodology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

Regional Location of Survey Respondents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Contact Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30

Contributors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
Acknowledgements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30
2016 Alumni Perspectives Survey Report4

INTRODUCTION ©2016 Graduate Management Admission Council® (GMAC®). All rights reserved.

Individuals interested in a graduate management education are seeking one of three career out


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