Graduate Management Admission Council
Coverage of Graduate Management Admission Council in the Nexus archive.
- Blackstone president Jon Gray tells Gen Z to think like founders at work—but a growing number are skipping the corporate ladder to become one for real
Blackstone president Jon Gray advises Gen Z analysts to adopt an entrepreneurial mindset, emphasizing innovation and client service. A growing number of Gen Z workers are bypassing traditional corporate roles to start businesses, driven by AI's role in lowering startup barriers. Harvard Business School data shows a significant rise in students opting for entrepreneurship over traditional jobs.
- Gen Z’s hiring hell is real: 1 in 3 employers admit they’re replacing entry-level roles with AI—and tech and manufacturing jobs are most at risk
A GMAC survey reveals 1/3 of employers are replacing entry-level roles with AI, particularly in tech and manufacturing, challenging Gen Z's job prospects. While MBA applications rose in 2024-2025, employers hired fewer MBA graduates in 2025 than expected, with starting salaries declining across education levels.