Dubai most attractive emerging market for top MBA students
Graduate students in European business schools pick the UAE, specifically Dubai, as the most attractive among the emerging markets, although the country has yet to attract the best global talent despite its strong economy, soaring foreign direct investment (FDI) and high oil-export receipts.
"In order to join the ranks of top global companies it is vital that organisations in the Middle East have the ability to attract the world's best management talent," said Dave Robinson, CEO of Hill & Knowlton, stressing that today's MBA students would be among the corporate leaders over the next 20 years.
He described this as a "critical issue" for the region, which needs the best graduate talent in business because it has been adopting aggressive growth strategies and moving towards international industry practices. "The Middle East is in the frontline of the global war for talent," he said.
He stressed that today's MBA students would be among the corporate leaders over the next 20 years, quoting a study that had been commissioned by Hill & Knowlton, an international communications consultancy firm, on 527 MBA students at 12 top US, European and Asian schools.
In a Press statement, the company said that majority of those surveyed did not want to work in multibillion-dollar industries such as oil and gas, pharmaceutical, alcohol, chemicals and tobacco due to their bad reputation in corporate practices.
It pointed out that the study reflects the importance of a company's good reputation, as 73 per cent of the respondents said so. The recent corporate scandals such as bribery and tax evasion that rocked a number of multinational companies in the US and North Asia were greatly responsible for such a decision, it said.
"It is clear that recruiters of top talent will need to provide more than just generous compensation and ample opportunity for growth," Robinson said. "Tomorrow's leaders are overwhelmingly seeking to associate themselves with industries and companies having great reputation."
Publicly traded companies and those owned by venture capital or private equity funds are the most attractive employers for MBA students upon graduation, the statement said, noting that family- and government-owned companies, which are common in the Middle Eat, only attracted a few respondents. Source
"In order to join the ranks of top global companies it is vital that organisations in the Middle East have the ability to attract the world's best management talent," said Dave Robinson, CEO of Hill & Knowlton, stressing that today's MBA students would be among the corporate leaders over the next 20 years.
He described this as a "critical issue" for the region, which needs the best graduate talent in business because it has been adopting aggressive growth strategies and moving towards international industry practices. "The Middle East is in the frontline of the global war for talent," he said.
He stressed that today's MBA students would be among the corporate leaders over the next 20 years, quoting a study that had been commissioned by Hill & Knowlton, an international communications consultancy firm, on 527 MBA students at 12 top US, European and Asian schools.
In a Press statement, the company said that majority of those surveyed did not want to work in multibillion-dollar industries such as oil and gas, pharmaceutical, alcohol, chemicals and tobacco due to their bad reputation in corporate practices.
It pointed out that the study reflects the importance of a company's good reputation, as 73 per cent of the respondents said so. The recent corporate scandals such as bribery and tax evasion that rocked a number of multinational companies in the US and North Asia were greatly responsible for such a decision, it said.
"It is clear that recruiters of top talent will need to provide more than just generous compensation and ample opportunity for growth," Robinson said. "Tomorrow's leaders are overwhelmingly seeking to associate themselves with industries and companies having great reputation."
Publicly traded companies and those owned by venture capital or private equity funds are the most attractive employers for MBA students upon graduation, the statement said, noting that family- and government-owned companies, which are common in the Middle Eat, only attracted a few respondents. Source
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