US MBA grads face high unemployment rate

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10 Responses to “US MBA grads face high unemployment rate”

1. 1
   ice_hot Says:
   novembre 10th, 2009 at %H:%M

   hmmm. di naman masyadong malaki ang unemployment rate pala… paano kaya sa UP MBA? may data ka sir?
   ice_hot´s latest blog ..How to Vote for Efren Penaflorida

2. 2
   James | PinoyMoneyTalk.com Says:
   novembre 10th, 2009 at %H:%M

   @ice_hot, if you go down the list you’ll see that the unemployment rate is staggering. At #22, for example, is UCLA with 20% of the batch not getting any job offers 3 months after graduation. That’s 20 students with no jobs out of 100. It’s a staggering increase from only 4% two years ago.

   The sad fact here is that these students shelled out hundreds of thousands of dollars to finish their MBA program. Some of them even availed of student loans. It will now take them a longer time before they can repay these loans.

   No data on UP or other MBA schools in the Philippines, but I’d expect a similarly higher unemployment trend. I know some people who recently graduated MBA in UP and Ateneo who, after 6 months, still have not found a job.

3. 3
   D Says:
   novembre 10th, 2009 at %H:%M

   did they try applying in walmart?

4. 4
   Jay Castillo Says:
   novembre 11th, 2009 at %H:%M

   I suppose they should apply their MBA skills into building their own businesses. Unemployment could be a blessing in disguise if they make the most out of the time that they have at their disposal. I can’t help but feel that the hundreds of thousands of dollars spent to finish an MBA program could have been put to better use to finance a business or buy income producing investments, especially during a recession.
   Jay Castillo´s latest blog ..Think Rich Pinoy Wealth Seminar on November 21, 2009: Your Passive Income Mentoring Starts Here!

5. 5
   ice_hot Says:
   novembre 11th, 2009 at %H:%M

   @jay, i totally agree. the only problem i see is that these people have been trained to become employees. hence, chances are they will find starting their own businesses very risky…
   ice_hot´s latest blog ..How to Vote for Efren Penaflorida

6. 6
   Millionaire Acts Says:
   novembre 11th, 2009 at %H:%M

   Truly, the recession spares no one. But I think that it is also the time for these graduates to think some ways on how to earn using their skills (i.e. freelancing).
   Millionaire Acts´s latest blog ..Steps for Debt Settlement

7. 7
   BrianB Says:
   novembre 13th, 2009 at %H:%M

   There’s always AMWAY.

8. 8
   ice_hot Says:
   novembre 13th, 2009 at %H:%M

   congrats on the increased pagerank sir!!! PR 2 na ang PMT.
   ice_hot´s latest blog ..How effective is Calorie Restriction Diet?

9. 9
   jonharules Says:
   novembre 13th, 2009 at %H:%M

   Yay congrats James, you’ve got surpassed kidblogger’s PR! You’re second to a Blogger blog on making money online, way to go! Break things as Mark Zuckerberg always say. Break things, make stunning records.

   Super qualified MBA’s sure need to utilize their skills in creating their own businesses instead of getting employed, or waiting to be. Yeah we all need stepping stones but hey is opportunity ain’t knocking then why wait, just as a motto of uPenn: « We will find a way, or we will make one ». If you don’t see it, create it.
   jonharules´s latest blog ..Still Blogging

10. 10
    jonharules Says:
    novembre 13th, 2009 at %H:%M

    Sisihin natin ang Facebook sa pagbaba ng PR ni kidblogger, hehe, panay kasi updates kesa blogging,tsk tsk. (Peace Carl, wag mo kong i delete ha!) haha
    jonharules´s latest blog ..8 Invites for Others to Join Google Wave

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