Entrepreneurial start-ups have lost their appeal for most business school students, according to a survey conducted by Kaplan of nearly 1,500 alumni of its GMAT preparation programme.
When respondents were asked whether they wanted to lead a start-up or work in a large corporation, nearly 80 per cent said they wanted to work for a corporate employer. At the top of the list of “dream employers” were Goldman Sachs, General Electric, McKinsey and Bain & Company, along with technology companies IBM and Google.
Also, the anxiety associated with job insecurity has diminished. Nearly two-thirds of respondents to the survey said that they were more concerned about choosing the wrong career path or not finding work/life balance than they were about losing their jobs. Furthermore, more than 75 per cent of the graduates reported that they had found a job that they were excited about after completing school.
