Recent reports show that companies in the business world have increased their hiring by 18%. Not only that, but MBA-holding employees are getting paid more. With this hike in demand and pay, right now might be the best time to go back to school for your MBA. According to BusinessSchoolAdmission.com:

Over 94 percent of Harvard MBAs had received at least one job offer by graduation day, as did 93 percent of University of Virginia at Darden MBAs. Over 80 percent of Columbia’s second-year MBA students were reported to have secured post-graduation employment by February. Dartmouth’s Tuck School reported a 30 percent increase in the number of employers recruiting on campus this year.  87 percent of UC Berkeley at Haas students had one or more job offers by graduation, with those who accepted positions reporting an average bases salary worth almost $103,000 and an average signing bonus worth over $20,500.

The most popular specializations among employers right now seem to be consulting and investment banking — something to keep in mind for next year’s potential MBA students.