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MBAs 'valued by people in graduate jobs'

Published: Monday, 31 January 2011   Category: All Graduate job news

Most people in graduate jobs need a number of years to pay off their MBA loans, but the majority feel they are well worth taking.

That is according to a new poll of alumni by the Financial Times, which indicated that 70 per cent of those who required loans to fund an MBA will still be in debt three years after graduation.

Despite this fact, the global poll of people in graduate jobs who finished studying in 2007 indicates that most felt the MBA had offered them good value in terms of advancing their careers.

Upon being asked to rate the worth of their degrees on a scale of one to five, the average score across 1,370 graduates was 4.4.

The results also revealed little in the way of variation between respondents based on the cost of their course and their subsequent debt levels, with more than half (56 per cent) giving their degree a rating of five.

MBAs are master's degrees in business administration and provide core courses in accounting, finance, marketing, human resources and operations management.

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