Transcription
MBA CAREER MANAGEMENTSamuel Jones, Senior Associate DirectorShannon Connelly, Recruiting Relationship ManagerSept. 6, 2011
AGENDAThe purpose of the session is gain an overview of the uniqueservices MBACM provides for international studentsAgendaMBA Career Management office – IntroductionPlacement DataMBACM – Services & ResourcesTipsQuestions
MBACM INTRODUCTION
MBACM MISSIONEnable Wharton MBA students to achieve career goals by:– Helping to explore and refine career aspirations– Teaching top notch career management skills tostrengthen your candidacies for positions of choice– Supporting the career/professional search process– Marketing Wharton talent to sought-afteremployers and contributing to the building ofthe Wharton brand
MATURE & ENTERPRISE RECRUITINGEnterpriseMature Established employer relationshipsAnnual, steady demandExtend multiple offers/yield multiple studentsUnderstand MBA recruiting value propConsulting, Banking, Sales & Trading, CPG Developing employer relationshipsInconsistent demand year-to-yearJust-in-time hiringLess clear on MBA recruiting value propPE, VC, Media, Retail, Social ImpactHealthcare, Technology, Energy, Hedge funds, Real EstateRecruitingStrategy / TimingWhartonStrategyStudentStrategy Employer Info Sessions, Employer NetworkingNight, Sponsorships, On Campus Recruiting Heavy Fall/Winter Recruiting Postings, resume book, networking Throughout year; late in year/summer offers Differentiate vs. other schools Build market share Find new ways for company engagement Develop compelling Wharton value prop Expand/maintain vibrant Wharton network Manage outreach with clubs/partners Prepare for EIS, Interviews, how to decidebetween firms, etc. Networking-intensive Alumni-intensive
HOW WE SUPPORT YOU IN YOUR JOB SEARCH PROCESSYou bring yourWe can work with you to answerAspirations From what do you derive satisfactionand how does it relate to your careerpath? Is your career choice consistentwith your values and long-termaspirations?PreviousExperience How do you best shape your brand foryour desired industry? How do you buildyour future profile most effectively atWharton?Risk ProfileandPrioritization Given what the market looks like in yourselected field, and your individualprofile, how focused/diversified do youwant to be? How much time and energyare you willing to invest in the process?To together createYour individualjob searchstrategy
THE JOB SEARCH FRAMEWORKPre-Term & FallWinter & SpringSelf-AssessmentExplore your interests, skills and valuesResearch & StrategyResearch and identify target industries, functions and geographies. Create a job search planNetworkingEngage in conversations to build relationships, gather information and identify potential opportunitiesResume DevelopmentCreate a document that demonstrates your experience and skill setCover Letter DevelopmentCreate documents that demonstrate interest and qualificationsInterviewingPrepare for and engage in conversations about your interest and qualificationsOffer ManagementEvaluate job offer(s) and manage employer relationshipsTransition to WorkPrepare for internshipSummer
DATA
STATE OF MBA HIRING YOY offer data has improved93% with FT offer July 2011 vs. 88% Sept. 2010 The economy remains in recoverywith uneven hiring recovery acrossindustries Wharton-taught skills in high demandAbility to solve complex problemsGlobal thinkingIntegrative skills Wharton remains an extremely strongbrand with employers
FULL-TIME INDUSTRY PLACEMENT (WG11)Other8%Technology7%Private Equity& VentureCapital7%Investment Management6%Consulting32%Media3%Real Estate3%Investment Banking17%ConsumerProductsHealthcare7%6%Public Interest1%Hedge Funds3%
FULL TIME ACCEPTED OFFERS - WG03WG04WG05WG06USWG07InternationalWG10WG11
FULL TIME ACCEPTED OFFERS OUTSIDE U.S.CLASS OF 2011Top Geographic Locations1. United Kingdom (13%)2. Hong Kong (12%)3. Brazil (12%)4. China – non HK (9%)Top Industries1. Consulting (36%)2. Banking (23%)3. Private equity (9%)
SUCCESS IN FINDING POSITIONS IN THE U.S.Percentage of International Students AcceptingFull-Time Offers in the 4%0.30.20.102006200720082011
FULL TIME ACCEPTED OFFERS IN U.S.INTERNATIONAL STUDENTS (WG11)Top Geographic Locations1. New York (50%)2. San Francisco (10%)3. Houston (7%)4. Philadelphia (6%)Top Industries1. Consulting (33%)2. Investment Banking (25%)3. Investment Management (7%)4. Technology (6%)
FULL TIME ACCEPTED OFFERS IN U.S.I N T ER NATI ONAL ST UDENTS ( WG1 1 ) – SA M P L E O F CO M PA NI ESCorporationAltamont Capital PartnersAmazonBayer CorporationBoston Consulting Group (BCG)Bridgewater Associates, LPExterran Holdings, Inc.Goldman SachsGoogle, Inc.Harvard Management CompanyMcKinsey & CompanyMerchants' Gate Capital LPNikeOmnicom GroupPinnacle VenturesThe Estee Lauder Companies Inc.ZyngaIndustryPrivate EquityTechnologyHealthcareConsultingHedge FundsEnergyInvestment BankingTechnologyInvestment ManagementConsultingHedge Funds / Other InvestmentsConsumer ProductsAdvertising & Public RelationsVenture CapitalConsumer ProductsMedia
MBACM SERVICESMBA CAREER MANAGEMENT
CAREER ADVISING (1/2)How Can You Meet with a Career Advisor?Beginning September 7:Quick questions(12:30-1:30, Monday-Thursday. Huntsman Hall, study room 252)Office hours (see website for details)Scheduled appointment with advisorHow Can You Sign-up for a Scheduled Advising Appointment?Click on “Career Advising”Online system (click “Schedule an Appointment”) open for nt/index.cfm
THE CAREER MANAGEMENT TEAMAreas of FocusAdvisorConsultingElissa Harris *Recruiting Relationship ManagerLauren VickEnergyMaria HalpernEntrepreneurshipMichelle HoppingInvestment Management, Hedge Funds,Sales & TradingSara SimonsMaryellen LambManufacturingHector TejedaTechnologyMedia & EntertainmentSam JonesConsumer ProductsHealthcareHector TejedaRetailRebecca HollanderBrendan GallagherErica MarksTBDReal Estate, Travel & HospitalityTodd CarsonShannon ConnellySocial Impact, Public Interest,Non-Profit, GovernmentJennifer SavoieTiya McIverInvestment BankingSunshine SingerMaryellen LambShannon ConnellyPrivate Equity, Venture Capital
CAREER ADVISORS – GLOBAL REGIONSRegionAdvisorAsiaSam Jonessamjones@wharton.upenn.eduCanadaTodd Carsontcarson@wharton.upenn.eduEuropeMaryellen Lambmrlamb@wharton.upenn.eduIndiaSara Simonssimonss@wharton.upenn.eduIsraelRebecca Hollanderrhollan@wharton.upenn.eduLatin AmericaHector Tejedatejedah@wharton.upenn.eduMENAMaria Halpernmariahal@wharton.upenn.edu
JOB BOARD AND COMPANY DIREC TORYNote: Only apply for jobs where the interview date isduring your time at t/CareerPath.cfm
ALUMNI DIRECTORYhttp://spike.wharton.upenn.edu/Community/
CAREER WORKSHOPShttp://spike.wharton.upenn.edu/
SUGGESTED PROGRAM –U.S. WORK AUTHORIZATION Description: Klasko Law presents U.S. work authorization seminareach semester Action: Attend fall semester session on October 12; watch CareerPath,SPIKE, and MBACM emails
SUGGESTED PROGRAM –NETWORKING IN THE U.S. Description: Strategies for effectively networking within U.S. culture Action: Sessions planned for early October - watch CareerPath, SPIKE,and MBACM emails Oct. 5, 6
ENGLISH LANGUAGE COACHING Description: One-to-one English language coaching with an emphasison preparing for interviews in English. Coaching provided by outsidevendor for fee. Action: Ask MBACM office for more information, or emailmbacareers@wharton.upenn.edu
WORK dent/International Students.cfm
WHARTON WORK AUTHORIZATION GUIDEWharton overview of workauthorization allows you to beinformed and to have a tool toinform potential employersMake your case: Do: Ask about thecompany’s policies forsponsoring internationalstudents Do: Ask when the companymakes exceptions to theirpolicies Do: Offer to send them theMBA Hiring Guide Do not: “Bait and switch” –meaning do not hide yourneed for work authorizationuntil the end of the recruiting/visaguide.pdf
INTERNATIONAL STUDENT nt/International Students.cfm
RESUME t/resumeinfo.cfm
TIPS
TIPS FOR EXCHANGE STUDENT SUCCESS On your resume and email signature, add your lifelong email address throughyour own school as well as your Wharton account (since your Wharton emailwill become inactive when your exchange is finished) Consider using our adapted Wharton resume template for students onexchange Be transparent in cover letters & emails to employers that you are onexchange at Wharton Use Fridays without classes to visit companies when possible Access Wharton’s comprehensive career management resources and services Use your full access to the Wharton Alumni Directory Join Wharton Graduate Association Clubs Leave with an address book that is 10x bigger than what you came here with
QUESTIONS?
MBA CAREER MANAGEMENT Samuel Jones, Senior Associate Director Shannon Connelly, Recruiting Relationship Manager Sept. 6, 2011 . . samjones@wharton.upenn.edu Canada Todd Carson tcarson@wharton.upenn.edu Europe Maryellen Lamb mrlamb@wharton.upenn.edu India Sara Simons simonss@wharton.upenn.edu
