More recent business graduates becoming entrepreneurs

March 19, 2014

A new global survey by the Graduate Management Admission Council (GMAC) reveals that self-employment holds growing appeal for those with an MBA or specialty business degree, and that recent graduates are more likely than their older classmates to become entrepreneurs immediately after leaving school. The results are based on responses from almost 21,000 business school alumni from 1959 through 2013, at 132 universities worldwide. Of the 2010-13 alumni who are self-employed, 45% said they started their business straight after graduation compared to 24% of self-employed graduates in 2000-09 and just 7% before 1990. The survey also reveals that 91% of self-employed business school graduates worldwide are satisfied with their decision to work for themselves. Globe and Mail | Report Page