MBA Career Management 101. Pre-Term, August 2018

Transcription

1 MBA Career Management 101 Pre-Term, August 2018

2 Agenda Wharton career resources MBA Career Management support Job search frameworks Year at a glance Next steps

3 Your Industry Preferences

4 Many Paths to a Job

5 Your Career Support Network External Affairs & Exec Ed Leadership & Coaching MBACM Research Centers Student Clubs, Peers Academics & Faculty Pre-Wharton Personal Network Alumni

6 Your Career Support Network External Affairs & Exec Ed Leadership & Coaching MBACM Research Centers Student Clubs, Peers Academics & Faculty Pre-Wharton Personal Network Alumni

7 How We Work with You Creating Your Strategy ASPIRATIONS What is your short and long term vision? PREVIOUS EXPERIENCE What skills have you developed and how do they relate to your vision? RISK PROFILE What trade-offs are you willing to make as it relates to reaching your vision? YOUR STRATEGY

8 Leveraging MBA Career Mgmt for Your Search Considering Venture Capital Met with Todd Carson and Jenn Savoie Shifted focus to targeting start-up companies Attended the NYC and SF Networking Expos Worked with Jenn Savoie to: Organize the job search Identify target companies Develop resume Create pitch Stay motivated! Manage offers

9 Job Search Competencies On-the-Job Success Self-Assessment and Clarifying Goals Offer Management Process Management Interviewing Master the Competencies to Master Your Job Search Industry and Company Research Networking Building a Target List Cover Letter Writing and Outreach Personal Brand and Pitch Resume Writing 9 MBA Career management

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11 Wharton Employer Landscape 60% 50% 40% 30% 20% 10% 0% % Hires by Top Ten Companies % Hires by Companies Making One Offer

12 Wharton Employer Landscape 60% 50% 40% 30% 20% 10% 0% % Hires by Top Ten Companies % Hires by Companies Making One Offer

13 Two Strategies = Two Skillsets MATURE Be ready for when an opportunity is available. Structure and process Formal Events Stand out from the crowd On-Campus interviews Heavy fall/winter recruiting ENTERPRISE Be ready if an opportunity becomes available. Unstructured Multiple types of events Build and leverage your network Pitch solutions and make opportunities Year-round recruiting

14 How Industries Recruit MATURE ENTERPRISE Consulting Investment Banking Investment Management Consumer Packaged Goods Healthcare Technology Energy Hedge Funds Real Estate Retail Private Equity Venture Capital Media Social Impact Start-Ups

15 How Companies Recruit High Level of Wharton MBA Engagement Low Enterprise Company Recruiting Approach Mature MBA Career Management

16 Allocating Your Time Mature Enterprise TIME

17 Focused Recruiting Period Timeline Mature Enterprise Enterprise Recruiting Period Aug Sept Oct Nov Dec Jan Feb Mar Apr May

18 Offers Throughout the Spring JANUARY FEBRUARY MARCH APRIL MAY JUNE

19 Full-Time Employment Class of 2018 Note: Preliminary data as of Other includes Insurance, Professional Services 19

20 Maximizing Your Opportunities

21 MBA Career Management Advisors AREAS OF FOCUS ADVISOR Private Equity & Venture Capital Todd Carson Entrepreneurship/Startups Social Impact Jennifer Savoie Energy Healthcare/Pharma/Biotech/Digital Health Manisha Jain Technology Sam Jones / Sue Sladen Media & Entertainment Robyn Ettinger Consulting Robyn Ettinger / Elissa Harris Investment Management/Hedge Funds Jessica Katz Investment Banking/Sales & Trading Sunshine Singer Consumer Products Retail Sugirtha Stathis Manufacturing Diversified Financial Services General Management Colleen France Real Estate

22 How We Will Communicate with You Class s Friday delivery (typical) Deadlines, workshops, and resources Industry Alerts Sunday delivery Based upon industry preference Application deadlines, jobs, and recruiting events Advisor s Delivery as needed Industry-specific advice Recommended resources Reminders and deadlines

23 What is next? CAREER FIT WORKSHOP Tomorrow, Thursday August 9 - by Cohort Understanding CareerLeader outputs Discuss how to leverage your results ONE-ON-ONE ADVISING August 16-17, Meet with an industry advisor of your choice Sign-up on MBACM website

24 Please complete the survey. Place in bin at exit. Collect professional name badge in Forum. Thank you!

25 Appendix

26 Preliminary Internship Employment Stats Social Impact 3% 2018 Manufacturing 2% Investment Management 4% Real Estate 4% Media & Entertainment 4% Hedge Funds 4% Energy 1% Consulting 19% Heathcare 5% Technology Industries 14% Consumer Goods/Retail 8% Investment Banking 12% Private Equity/Venture Capital 12% Note: Preliminary data as of

27 International Students Full-Time Placement by Industry All Locations (WG18) Main Industries Technology Industries 18% Consulting 29% Other 19% Financial Services 34% Private Equity 28% Hedge Funds 13% Investment Manageme nt 21% Investment Banking 38% Based on 149 students who reported full-time employment accepted offers. Note: Preliminary data as of

28 Career Switching (WG18) What industries did career switchers go into? Note: Preliminary data as of

29 % Accepting from Internship Internship/Full-Time Yield (WG18) 51% of students reporting accepted offers report having done their internship at the same company Note: Preliminary data as of