50% of MBA alumni advanced careers during recession, fewer in Canada

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A recent survey (Opportunity or Setback? High Potential Women and Men During Economic Crisis) by Catalyst that analyzed data on 873 MBA alumni, who graduated between 1996 and 2007 from 26 leading business schools in Asia, Canada, Europe, and the United States.

It found that from November 2007 to June 2009, over half of those MBA holders advanced their careers in some way or another, and about a third saw that advancement in the form of a promotion.

However, less than a quarter of those working in Canada received promotions, with workers in Asia, Europe and even the U.S. more likely to receive promotions during that time period which includes the recent economic downfall.

And, strangely enough, despite numerous news reports stating that the recession had hit men much harder than women in the general working population thanks to severe layoffs in male-dominated industries such as manufacturing, female leaders were more than three times as likely to have lost their jobs than their male peers.

Go to Page 2 for the numbers.

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Cassandra Jowett is TalentEgg's Content Manager. She joined the team as a student intern in the summer of 2008, and since then her heart has never really left the Egg Carton. Cassandra is a recent graduate of the Ryerson University School of Journalism, where she earned a Bachelor of Journalism with a focus in writing and editing for newspapers. She has also written and edited for The Globe and Mail, The National Post, t.o.night newspaper and other publications.