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Top executives express optimism for business improvement in 2010, survey says

Monday, Aug 24 2009 8:46PM
Top executives express optimism for business improvement in 2010, survey says
Top executives express optimism for business improvement in 2010, survey says

A study that may interest those who consider heading back to school to earn a business degree found that leaders across a broad range of industries expect revenues and profitability to increase substantially next year.

The work was conducted by the consultancy KPMG which interviewed nearly 400 CEOs and C-Suite level executives in the finance, technology, retail as well as food and beverage industries. It reports that some 76 percent of them expect business conditions in their sector to be better one year from now.

"The results of this survey track with some of the most recent polls and data indicating that the worst of the economic downturn is behind us and businesses are beginning to think about how they will gear up for a recovery," says Phil Rohrbaugh, vice chair of industries & marketing for KPMG.

Those who would like to be prepared for rewarding careers once the recession is over may enroll in an online business degree program.

According to PayScale.com, a research company, average salaries for holders of MBA degrees ranged from $73,510 to $171,583 in 2008, depending on the field, position and years of experience.