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Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Career Module Phase 2: Market Exploration.

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Presentation on theme: "Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Career Module Phase 2: Market Exploration."— Presentation transcript:

1 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Career Module Phase 2: Market Exploration

2 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 Participants Mid-February to Mid-March participating recruiters and hiring managers referred by 129 MBACSC member schools 1552 companies represented worldwide 173 of the US Fortune of Global Fortune 500

3 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 GDP change

4 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 Actual vs Expected Hires “Employers expect they will hire 12.9 new MBA graduates on average in 2008 – close to the number hired in 2006”

5 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 Actual and expected hiring by degree

6 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 Top Five Reasons for Hiring MBA Grads

7 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 “An MBA graduate with 1-5 yrs of work experience is likely to be much better compensated than any other graduating student with similar work experience”

8 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 “Planned structured MBA hiring accounts for 65% of their hiring”

9 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search GMAC Recruiters Survey 2008 NOTE: “A typical MBA graduate is most likely to have 4 to 5 yrs of work experience, be hired by U.S. consulting firms, acquire a mid-level position, and earn a salary that is almost double that of a recent BA graduate.”

10 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Employer Industries Traded / Export Sector Suppliers Local Outside OR

11 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Cluster Theory (Oregon) Cluster# jobs# companies Professional Services62,40610,806 Forest Products46, Electronics42, Food Processing24, Metals23, Transportation16, Machinery11, Apparel/sporting goods Software

12 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Typical MBA Job Functions FinanceMarketingHuman Resources Public Accounting & Consulting Operations & Project Management JD / MBA Careers

13 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search 45% would change Careers Old Title Old Industry New Title New Industry

14 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Goal Setting As you are Now The New You Objective 1 Objective 2 Objective 3

15 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Goal Setting - Example Long Term 5-10 Years Marketing Manager Mid-Term 1-3 Years Marketing Analyst Short-Term 3-12m Marketing Intern

16 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Short Term Goals: Stretch Target, Plan B, Back-up Plan Stretch Fortune 500, Large City International Plan B High Tech or Healthcare Excellent Mentor Back-up Former Employer Home country, City

17 Overview Phase 1 Self Exploration Phase 2 Market Exploration Phase 3 Positioning & Branding Phase 4 Internship Search Typical MBA Job Functions FinanceMarketingHuman Resources Public Accounting & Consulting Operations & Project Management JD / MBA Careers


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