Wall Street Journal, Even Harvard M.B.A.s Are Struggling to Land Jobs:

Landing a professional job in the U.S. has become so tough that even Harvard Business School says its M.B.A.s can’t solely rely on the university’s name to open doors anymore.

Twenty-three percent of job-seeking Harvard M.B.A.s who graduated last spring were still looking for work three months after leaving campus. That share is up from 20% the prior year, during a cooling white-collar labor market; the figure was 10% in 2022, according to the school. …

Harvard isn’t the only elite business school where recent grads seem to be stumbling on their way into the job market. More than a dozen top-tier M.B.A. programs, including those at the University of Pennsylvania’s Wharton School, Stanford’s Graduate School of Business and New York University’s Stern School of Business, had worse job-placement outcomes last year than any other in recent memory.

The share of 2024 M.B.A.s still on the market months after graduation more than doubled at most highly ranked business schools when compared with 2022, according to a Wall Street Journal analysis of school data. At some, including the University of Chicago’s Booth School and Northwestern University’s Kellogg School, the share of students still looking more than tripled.

The Economist, Why Elite MBA Graduates Are Struggling to Find Jobs:

In business, there is no surer sign of distress than when a firm delays its financial results. That also appears to be true of business schools. Around Christmas—and in many cases behind their usual schedules—America’s leading business schools published their equivalent of annual reports, which include data on the new jobs of graduates from their Master of Business Administration (MBA) programmes, typically two-year courses for students with professional experience. We have crunched the numbers. At the top 15 business schools, the share of students in 2024 who sought and accepted a job offer within three months of graduating, a standard measure of career outcomes, fell by six percentage points, to 84%. Compared with the average over the past five years, that share declined by eight points.

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