Bloomberg BusinessWeek ranked Georgia Tech College of Management second in the nation for MBA Job Placement for the Class of 2010.

Despite a touch economy and tight job market, 94 percent of Georgia Tech's full-time MBA Class of 2010 had accepted full-time employment within 90 days of graduation – compared to 84 percent within that window in 2009.

Bloomberg BusinessWeek reported that while MBA recruitment started to improve somewhat in 2010 at the nation's top 30 business schools, job placement figures haven't reach their pre-financial crisis level. Salaries and signing bonuses also tend to be down at most schools.

The average starting salary for 2010 Tech MBA graduates was $86,481 (an increase of $1,702 over 2009), while it was $94,981 for those joining companies with national MBA recruiting programs. Sixty percent of graduates received signing bonuses averaging $12,621, a slight increase over 2009.

"Our students success is a testimony to their resilience and mental and emotional toughness," says Jim Kranzusch, director of Georgia Tech's Jones MBA Career Center "They just would not give up. I hope everyone that supports the MBA program feels a sense of pride in the success of our students," Kranzusch says. "This is a team effort in every sense."

Bloomberg BusinessWeek's rankings of the nation's top MBA programs will be released November 11.