Employers Increasing Master’s Level Hiring by 22% in 2008

CollegeGrad.com today announced the Top 100 Master’s Employers for 2008. Good news for students finishing their master’s program: the results of the 2008 Top Entry Level Employers survey reveal that Top Master’s Employers plan to increase their master’s hiring by an astounding 22% in 2008.

At the top of the list, Americorps plans to hire 1000 master’s candidates in 2008. RSM McGladrey/McGladrey & Pullen finished at number two with 875 projected hires. Microsoft and Education Management Corporation project hiring 715 and 700 master’s candidates respectively, and the Peace Corps rounds out the Top 5 Master’s Employers with 420 projected hires. In all, the list accounts for more than 8000 master’s hires in 2008.

This year’s most sought after master’s degrees include Accounting, all Engineering, and Computer Science degrees. Together, the top three majors account for 63% of all master’s hiring for 2008. Education and Business Administration are also in the top five master’s degrees being hired.

So what’s the benefit of hiring master’s level candidates?

According to CollegeGrad.com, candidates with master’s degrees provide higher qualifications for employment that can be equivalent to as much as two or three years of experience in the field. Added to that, employers also find that master’s candidates have a greater level of technical and field expertise that can bolster a company’s growth and competitive stance in the industry.

Even with the current decline in economic confidence, a projected 22% increase in master’s hiring presents master’s level job seekers with a very positive job outlook in 2008.

Source: Onrec.com