...So far, despite the financial turmoil in Europe, job prospects for this year's MBA graduates appear to be at least as good as they were last year...
"In a downturn, we see more thoughtfulness among students," says Fiona Sandford, director of career services at London Business School.
"[There has been] less of a herd instinct to apply to the likes of Goldman Sachs and McKinsey."
Instead, business graduates might look at their entrepreneurial options or choose to cut their teeth in industry. "A certain amount of realism kicks in; they have a realistic plan B to put themselves in a good place so, when the market comes back, they can be employable in their dream job," Sandford says.