June 7, 2006 5:37 pm
MBAs are by far the most popular masters degree in the UK, according to the latest ‘What Do Masters Graduates Do?’ report published by the country’s Higher Education Careers Services Unit.
Between 2003 and 2004 the number of MBA degrees awarded in the UK rose by more than 50 per cent - an additional 2,000 graduates. Overall, two thirds of the MBA graduating cohort are male and nearly half, 48 per cent, are in the 30-39 age group.
“The huge rise in the popularity of MBAs, especially amongst males well into their thirties.....complements anecdotal evidence suggesting that a large number of MBA students are funded or part funded by companies – a win win situation where employees enjoy an interesting and challenging diversion following several years hard graft, and return refreshed and better qualified to their employers on graduation,” says Mike Hill, chief executive of Hecsu. “It is particularly interesting to see how MBAs have gained currency with employees and employers alike which reflects the importance given to continuing professional development and sound qualifications at all levels of business.”
‘What Do Masters Graduates Do?’ 2006 explores the career destinations of masters graduates who completed their studies in summer 2004, using data from the UK’s Higher Education Statistics Agency.
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