Monday’s Headlines: MBA Class of ’12 Job Outlook? Not bad.

The job forecast for newly minted MBAs? Not so bad, according to Businessweek. This follows a similar report we issued last week on undergraduate business school degrees. The Graduate Management Admission Council today released its 2012 survey of recruiters and companies around the world, which found that 79 percent of companies planned to hire recently graduated MBAs, up from 72 percent last year. Hot hiring sectors include technology (a 22 percent increase), nonprofit and government (19 percent) and energy (14 percent).

Accounting majors appear to be big winners, as companies that are hiring new hires with graduate accounting degrees is expected to double to 51.7, compared with just 17.4 per company overall. Meanwhile, hires of experienced “direct from industry” employees will nearly drop by half to 79 per firm.

GMAC today issued a second report on its survey of more than 6,000 business students at 136 schools. Good news here, as 64 percent full-time MBA job seekers had offers nearly at-par with 2001 figures. Part-time and executive MBA students reported offers that set an all-time high.

Now the bad news. Around the world, just 13 percent of companies plan to increase MBA starting salaries above the rate of inflation, 35 percent plan raises that match inflation and 50 percent plan to hold the line on comps. Average salaries for new MBAs is $90,000 per year.

Other News:

Barclays will sell its $6.1 billion stake in BlackRock. [NY Times]

Man Group will buy a rival hedge fund investment manager FRM for $83 million. [DealBook]

CEOs are increasingly paid based on financial results and share prices. [WSJ]

Nasdaq concedes Facebook missteps. [DealBook]

Schwab taps Tamarac as next advisory platform partner. [Investment News]

Two UBS rogue traders in London were fined £1.3m and banned from working in the City. [Telegraph]

China accelerates open doors to overseas investors. [Bloomberg]

Hong Kong cracks down on overseas traders. [Financial Times]

Epic tech IPOs – triumphs and travesties. [Businessweek]