Careeers: in brief

Starting salaries for new MBAs rose 9 per cent last year to $82,000 (£44,200), according to research from QS Research, the organiser of an annual survey of MBA salaries among the world’s top recruiters. Further increases in 2005 and 2006 are expected, according to Nunzio Quacquarelli, QS managing director. “All indicators suggest that 2004 is the starting point of another upswing in the MBA hiring cycle,” he adds. This year the survey had responses from more than 300 leading international recruiters of MBAs such as McKinsey, Citibank, Lucent and UBS.