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Top MBA Recruiters: Charles Schwab

With close to 350 branch locations and a headquarters in San Francisco, Charles Schwab is one of the country’s ultimate destinations for business school graduates. Its solid reputation and a history that spans almost fifty years make it appealing, but the efforts Schwab makes to recruit are also part of reason to explore working there.

Top MBA Recruiters: Hootsuite

In 2008, Ryan Holmes was trying to manage multiple social media networks while working at Invoke Media. Dissatisfied with the options, he, Dario Meli, and David Tedman developed their own platform that became the basis for Hootsuite.

Although Hootsuite began as just a trio, the company now has more than 1,500 employees and maintains 13 offices around the globe. As it is a still-expanding firm, the company is an alluring option for those who are interested in the challenge of finding new business and increasing a company’s presence in the marketplace.

Top MBA Recruiters: CVS

Founded in Lowell, Massachusetts by the Goldstein family, the first CVS opened its doors in 1963. The company quickly grew into a local chain and by 1970, operated 100 stores on the East Coast.

Top MBA Recruiters: GlaxoSmithKline

GlaxoSmithKline (GSK) is a multinational pharmaceutical company headquartered in London. As for 2015, it’s the sixth-largest pharmaceutical company in the world with annual revenue of £30.821 billion in 2018.

The company is listed on the London Stock Exchange, and as of 2016, it was the fourth-largest company with a market capitalization around £81 billion. It has a secondary listing on the New York Stock Exchange.

Some of its top-selling products include Advair, Avodart, Flovent, Abreva, Lovaza, Lamictal, and Nicoderm. GSK also has many legacy products listed as essential medicines by the World Health Organization, including amoxicillin, mercaptopurine, pyrimethamine, and zidovudine. Continue reading…

The Top MBA Recruiters in Phoenix, Arizona

MBA talent in search of opportunities in a growing city should look no further than the Valley of the Sun: Phoenix, Arizona. Corina Vanek of the Phoenix Business Journal reports, “Employment in the Phoenix area grew 4.2 percent during the 12-month period that ended Nov. 30, 2018—the second-highest percentage growth of all metros nationwide.”

Phoenix is home to a number of excellent MBA programs, including the Thunderbird School of Global Management, Arizona State’s W.P. Carey School of Business, Ottawa University, Grand Canyon University, and the University of Arizona Eller College of Management, less than two hours southwest of Phoenix in Tuscon.

Like many major metros in the American west, Amazon is among the most prominent employers of MBA talent. But what other Phoenix companies round out the top five?

Top 5 Phoenix Companies Hiring MBA Graduates

Amazon

Amazon is the largest internet company by revenue in the world, with a reported 2018 revenue of over $232.887 billion. According to Indeed.com, Amazon salaries for Senior Product Management positions average $132,646 per year while Amazon Senior Management positions average $150,089 per year.

Common benefits at Amazon include 401K Plans, health insurance including dental and vision, employee discounts, and life insurance. Employee reviews describe the work environment as “fast-paced and exciting,” but note that a work-life balance is hard to achieve as an Amazon employee.

CVS Health

In 2018, CVS ranked 7th on the Fortune 500 and 17th on the Fortune Global 500 list with $184 billion in annual revenue. In 2017, CVS acquired Aetna for $69 billion dollars. According to LinkedIn data, Senior Director salaries at CVS Health range from $101,000-189,000 with an average salary of $138,000. CVS Health, which employs nearly 300,000, states its core values are “innovation, collaboration, caring, integrity and accountability.”

Intel Corporation

Founded in 1968, Intel Corporation is the world’s second largest semiconductor chip manufacturer based on revenue. Intel ranked 46th in the 2018 Fortune 500 list of the largest U.S corporations by total revenue. As reported by Indeed.com, Intel employees rate the company 4 out of 5 stars for compensation/benefits and 3.9 out of 5 stars achieving a work/life balance. Management positions average in the $150,000 range and include standard benefits such as PTO, vacation and floating holidays, and eight-week paternity leave.

Raytheon

The third-largest defense contractor in the United States as of 2015, Raytheon boasts more than 90 percent of its revenues obtained from military contracts. Established in 1922, Raytheon’s latest annual revenue reached $27.1 billion. Project Management positions at Raytheon average a salary of $99,000-107,000 and include generous benefits, PTO, and 401K packages. Glassdoor ranks Raytheon 15th place in its “Best Places to Interview” category, sporting a 78 percent positive response rate.

IBM Global Services

IBM Global Services has provided IT, management consulting, and outsourcing services since 1991. Its recent acquisitions of Bluewolf and Resource/Ammirati in 2016, as well as PricewaterhouseCoopers Consulting in 2001, point to potentially even more growth on the horizon.

According to Glassdoor, Project Management positions at IBM average $79,910 per year. Senior Consulting positions average $101,761. Managing Consultant positions average in the $150,0000 range. Glassdoor rates IBM employee overall satisfaction at 3.7 out of 5 stars on company culture, work/life balance, management, compensation & benefits, and career opportunities.

Conclusion

There appears to be no shortage of Phoenix metro opportunities for MBAs. Outside of the five Phoenix companies, readers would do well to consider investigating a few other Phoenix employers actively recruiting MBAs, including: American Express; Arizona State University; Deloitte Consulting; Honeywell; Bank of America; Wells Fargo; and JP Morgan Chase.

Top MBA Recruiters: Invesco

Founded in Atlanta in 1978, investment management firm Invesco has become a global leader in the field, with offices in 25 countries and over $11 billion in managed funds for its clients.

The firm, as of a July 2019, features around 8,000 employees. U.S. offices, in addition to the Atlanta headquarters, include Chicago, Dallas, Austin, Newport Beach, CA, Los Altos CA, Portland OR, Boston, and New York City.

MBAs with various levels of career experience contribute to the large talent pool from which Invesco hires. Here, we’ll break down the firm’s recruitment and hiring process, salary, and an overview of company culture.

Landing an Invesco Career

Invesco, like most global asset management firms of its size, has an in-house recruitment team that seeks graduate level students throughout the year. With an Early Career program for those just starting after their MBA studies, Invesco prides itself on grooming ‘future asset management leaders.’ Analyst roles are the most prevalent for recently graduated hires, and MBAs who possess previous work experience are obviously considered for commensurate positions.

An early career Properties Analyst in the Atlanta office says:

“What I like most about working at Invesco is the opportunities I’ve been given in my job. I’m a recent grad; at other companies I was just there and didn’t have a ton to do. Once I started my job at Invesco, I’ve had challenging assignments and so many interesting projects to work on – it’s really helped develop my skills and prepared me for my next role.”

The company’s website offers a talent network  which enables applicants to obtain optimal job matches for their backgrounds. It prides itself upon honoring their applicants’ individual areas of expertise; each new hire is asked questions regarding the division in which they believe they would function best. MBAs are sought in all divisions, but a large number are hired in Finance & Accounting, Quantitative Analytics, Investment Services & Operations, Marketing & Product Management, and Sales.

Paysa reports that the most valued skills as Invesco are related to investments, with 39 percent of hires possessing this type of background. This is followed by experience in mutual funds (29 percent of hires); general management (29 percent), and asset management (27 percent).

As for interviews, Glassdoor data shows that 66 percent surveyed reported a positive experience. Around 39 percent of those who interviewed applied online, 19 percent were interviewed via referral, and 28 percent were recruited either on a campus or from another employer.

Invesco Career Compensation

New York City Invesco employees typically see the highest annual salaries ($132,000), according to Paysa. Boston follows in second ($129,000), then San Francisco ($126,000), Atlanta ($116,000), and Dallas-Fort Worth ($105,000). The overall base salary average at Invesco is $102,661. This includes a base salary of $70,000 in the 25th percentile and $125,000 in the 25th percentile.

Accountants in various departments start out closer to the lower percentile. Fund accountants, along with those that manage corporate accounts, make an average of $54,000 and a range of $48,000-68,000. Senior accountants bump up to a range of $62,000-73,000. Analysts working in equities average $95,000 on average, while financial reporting analysts bring in an average of $80,000. Portfolio administrators typically earn around $60,000.

Averages for management roles at Invesco include the following:

• Director – $109,000
• Program Manager – $119,000
• Project Lead – $108,000.

As for marketing roles, business analysts make $107,000 on average, Senior Business Analysts earn $116,000, and Marketing Managers earn $73,000, on average.

Invesco is in the top 300 highest paid finance companies according to Paysa, at 280th.

Life at Invesco

A July 2019 Indeed review on Invesco states, “Depending on the department, Invesco is a great company to work for. Some areas allow employees to work remote a few days a week and Friday’s and Monday’s are generally casual dress days. The work life balance is good in most departments and the benefits are okay. The health plan is way too expensive but it covers a lot. Most employees throughout the company are driven, intelligent and work hard because they really take pride in what they do and in the company as a whole.”

Another employee reports “great benefits and development opportunities,” and a veteran employee noted, “I worked at Invesco for 18 years so there were a lot of changes … Early morning and close of day were very busy. I had an excellent supervisor who was very supportive and made work a lot easier. Best company I ever worked for.”

Employees at the Atlanta Invesco headquarters, seen here, typically earn more than $100,000 annually.

The company boasts a “diverse and inclusive culture,” though it is reported to be made up of a 52 percent white, male identifying workforce. About 31 percent of employees are female identifying, while 20 percent did not disclose gender. Around 36 percent did not disclose ethnicity, but those who did were 7 percent Asian, 4 percent LatinX, and 1 percent African descent.

Invesco makes an effort to involve employees in charitable organizations, with volunteer events and giving opportunities. The company also prides itself on responsible investment, as stated in its 2018 Corporate Social Responsibility Report. The company offers competitive health coverage, parental leave, compensation for education and certifications, retirement planning and income protection. Like many of its peers, Invesco also offers compensation for gym memberships and wellness programs.

Top MBA Recruiters: Bowery Capital

Founded in 2013, NYC-based Bowery Capital is an early-stage venture capital investor that primarily backs SaaS (software-as-a-service) B2B (business-to-business) startups that develop innovative software that allows companies to optimize the role of a continually changing technological landscape.

Bowery Capital is a relatively small firm with less than 50 employees and it has three groups of four individuals at the center of its operations. These groups are the Core Team, the Venture Partners, and the Revenue Council.

Bowery Capital doesn’t just invest in companies—it also provides them the right tools to succeed. It helps these companies build a customer base, provides them with a “robust software infrastructure” to enable growth, and offers crucial support in finding the right talent.  This support coupled with the expertise of a combined 50 years of collective experience is what makes Bowery Capital stand out to young companies on the hunt for potential investors.

Landing a Bowery Capital Career

Considering the kinds of startups in which Bowery Capital specializes, any experience that a job applicant might have in software, digital marketing, digital media, online advertising, product management, or social media would give said applicant an edge in the hiring process. Another valuable asset is a keen sense for possible areas of growth within the tech industry.

It should be noted that at the time this article was written, there are no job openings at Bowery Capital. While the company does offer internships for MBA and undergraduate students, there appear to be no openings for those positions.

Working at Bowery Capital

Since the firm is relatively young and small, it is difficult to say much about Bowery Capital’s workplace culture. Its website lists a 12-member team and Glassdoor reviews from former employees suggest that Bowery Capital has a regular stream of interns working there on a part-time, short-term basis.

According to Paysa, Bowery Capital employees make an average annual salary of $146,819, with $97,852 marking the 25th percentile and $179,767 at the 75th percentile.  However, this data does not indicate the average salaries by position, so it is unclear how much an employee who recently graduated with an MBA would make.

Life at Bowery Capital

Bowery Capital has not published any employee demographics or statements about their workplace culture, but all reviews from former employees on Glassdoor are overwhelmingly positive. In particular, they are nearly unanimous in their praise for a positive atmosphere and the expertise of their supervisors. The only con was from a former summer intern who mentioned that they had not been paid for their work at the firm.

Paysa also offers some helpful statistics on workplace demographics. Fifty-six percent of Bowery Capital’s employees are white, while the rest declined to offer this information. About 89 percent are male with the remaining 11 percent declining to disclose their gender. However, of the 12 team members listed on the company’s website, 5 are women. Additionally, the Paysa information is based on fewer than 20 users, so both of these data sets are in all likelihood only a small portion of Bowery Capital’s workforce.

Bowery Capital only has one office in New York City, but they invest in companies all over the country, especially on the West Coast, which as you may have heard has a thriving community of technological innovators.

While half of the Bowery Capital team is based in New York City, four are based in San Francisco and two are based in Boston. With this in mind, it seems likely that a Bowery Capital career would likely be based in New York City with potential opportunities for travel.

Top MBA Recruiters: Oracle

In 2019, landing a job in tech during or after your MBA studies is a wise move. As covered in a previous ClearAdmit article, a specialization in the field can lead to a broad and ever increasing range of career opportunities.

Continue reading…

Top MBA Recruiters: AIG

American International Group, better known as AIG, is a multinational insurance and finance corporation that operates in more than 95 countries, employing over 60,000 people. As one of the world’s largest insurers, it’s a safe bet that MBA students and graduates can do very well at the company.

Let’s take a look at how B-schoolers can secure a position with the world’s largest insurer:

Landing an AIG Career

AIG suggests two general pathways to entry-level employment for students: summer internships or becoming a full-time analyst.

For professionals with previous work experience in pursuit of higher-level positions, AIG employs technologists, administrators, engineers, healthcare professionals, risk managers, and financial professionals. With regard to the hiring process, current AIG employees were hired via recruiters, employee referrals, and everything in between.

Applicants who are invited to interview can expect an initial interview with an AIG recruiter, followed by in-house conversation with a business member or team of interviewers.

The AIG Internship Experience

The 10-week AIG Summer Intern Program offers “tangible, hands-on experience and insight into our business operations.”

Interns undergo three days of orientation and training, then step into one of AIG’s lines of business. The company promises its interns “real projects, with equal opportunity for challenges and achievement.” AIG interns who demonstrate the most leadership potential are typically hired by AIG for full-time employment after graduation.

What Does an AIG Analyst Position Entail?

Open to graduates of all degree disciplines, the AIG analyst position is an entry-level pathway with an average salary just shy of $80,000. Described as “exclusive and competitive,” the program hosts an orientation in New York City for hires from around the world.

Even entry-level analysts at AIG can expect hefty salary opportunities, with analysts starting around $80,000 USD per year.

The “First 100 Days” initiative, which aims to support new hires with their transition into the company. At the end of the initiative, new employees take part in the Horizon Challenge, “a multi-month learning experience focused on developing innovative solutions for strategic challenges AIG currently faces.”

The First Year Learning Experience then culminates with the Spring Development Session, “an opportunity to showcase key learnings from the Horizon Challenge and reinforce takeaways from your first year.”

Choosing an AIG Career

With immersive and challenging learning environments, opportunities for advancement and moving within the multi-faceted company, AIG also emphasizes its value of diversity and inclusion. AIG’s Employee Resource Groups seek to foster community and support employee development. The company boasts $7.9 million in matching gifts to charities chosen by employees.

Salaries for MBA graduates can greatly vary, due to position seniority and specialty. For instance, MBA graduates with an expertise in marketing may be better suited for a career in Project Management, which offers an annual salary rate estimated above $100,000 USD per year. General Managers often make even more, pulling around $128,000 per year, according to Glassdoor data.

MBA graduates at AIG can often make more than $100,000 USD per year, varying by positional specialty and seniority.

AIG career benefits, as one may assume, are also fairly strong. Various anonymous reports on Glassdoor detail that employees typically see a minimum of 21 days off per year, with several days that can carry over year to year. Some employees also report unlimited time off, which may seem like a godsend compared to several of the world’s most recognizable insurance firms. AIG also offers employees a comprehensive pension plan, 401(k) offerings, and more.

AIG Career Recruiting

Professionals with significant work experience and demonstrated success may be targeted for direct recruiting, but most hopefuls will need to do their own legwork to get this employer’s attention. Beyond the internship and analyst pathways, AIG offers membership with its Talent Network. Experienced professionals are encouraged to search opportunities and apply directly via the company’s careers site.

Top MBA Recruiters: T. Rowe Price

T. Rowe Price Group, founded in 1937 by Thomas Rowe Price Jr., is a leading global asset management firm offering services to individual clients as well as institutions and financial intermediaries.

Headquartered in Baltimore with offices in 47 countries, recent MBA graduates with an eye toward investment would do well to consider a career at T. Rowe Price.

Why MBAs Love T. Rowe Price Group

T. Rowe Price’s commitment to responsible corporate stewardship and social engagement with their immediate communities has earned them respect from a lot of its peer companies. Its been recognized by Fortune World as one of the world’s Most Admired Companies in Securities and Asset Management, and one of Forbes America’s 50 Most Trustworthy Financial Companies.

Salaries for MBA grads can greatly vary at the firm. According to PayScale data, senior business analysts earn an average annual salary of $88,524, with max compensation as high as $120,000. Financial consultants—a position more readily available for entry-level employees—earn an average annual salary of $62,792. Overall, SimplyHired data indicates that MBA grads can expect to make around $67,471 per year, with the top 25 percent of earners making over $100,000.

Additionally, T. Rowe Price offers both short-term and long-term benefits for its employees. In the short-term, it offers valuable tuition assistance to employees completing a degree program. In the long-term, it offers retirement plans, investment plans that includes matching contributions, and life insurance plans. It stresses the importance of a healthy work/life balance, reinforced by benefits like extensive health care coverage, family support for working parents, various wellness initiatives, and passes for local recreational attractions. T. Rowe Price also offers PTO and matching donation programs through their Workplace Giving Program, boasting more than 40,000 hours volunteered by associates in 2018 and $11 million dollars donated by associates in 2017 through the program.

Life at T. Rowe Price

T. Rowe Price has earned a reputation for their ability to facilitate workplace morale. In 2017, Forbes named it one of the best mid-sized firms in the U.S. for its ability to keep employees feeling satisfied and well-compensated. Pensions & Investments named it one of the “Top 50 Best Places to Work in Money Management“—a distinction it was also awarded in 2015.

An important component of these achievements is T. Rowe Price’s work with respect to office diversity. In 2016, the Anita Borg Institute named it one of the Top Companies for Women Technologists, boasting 44 percent women in its total global workforce. In 2019, it was named one of the “Best Places to Work for LGBTQ Equality” by the Human Rights Campaign. T. Rowe Price also seeks to improve their diversity through initiatives like WAVE, which facilitates the development of talented women; PRIDE, which focuses on the LGBTQ+ community; and MOSAIC, focused on building ethnic diversity.

Landing a T. Rowe Price Career

Associate positions at T. Rowe Price require the following from a prospective employee:

• Strong analytical skills
• The ability to communicate and work with employees from different departments
• Strong relationship management and collaborative proclivities
• A college degree

Additionally, T. Rowe Price has a few important preferred qualifications. Of course, high on the list is either the completion of an MBA program—or progress toward the MBA degree.

As mentioned above, the company sometimes offers tuition assistance for employees who are in the process of completing a graduate program. Another attribute that will help you stand out is experience the field, especially in the given area that the position for which you are applying.

Current T. Rowe Price Career Openings

Associate General Manager, Investments – Baltimore, MD

For applicants with at least eight years working experience in financial services, corporate strategy, and/or management consulting, this might be a promising job opportunity. A CFA or MBA will also give you a leg up on the competition. This job focuses on big picture investment strategies and presents these ideas to employees and stakeholders.

Associate Portfolio Analyst, Equities – Baltimore, MD

For applicants with financial analysis chops, this position might be ideal. In this position, one would assist a team of portfolio specialists to create strategies for investment. This is also ideal for those in the process of completing their MBA or CFA.

Top MBA Recruiters: MetLife

Founded in 1868, MetLife—one of the world’s largest providers of insurance, annuities, and employee benefit programs—currently serves over 90 million customers in over 60 countries, including more than 90 of the 100 Fortune 500 companies. With such a rich history, it’s fairly easy to see why MetLife careers can be so appealing for MBA candidates and recent grads.

What MBAs Love About MetLIfe

According to Glassdoor, associates (a common entry-level job for MBA graduates) can pull an average salary of $90,522, with another $26,781 in cash bonuses. This figure is well above the national insurance associate annual average of $42,849; a 47 percent difference in salary alone.

Another one of the main perks of working at MetLife is the variety of great benefits. MetLife offers health, dental, vision, disability, accident, auto, home, life, and even pet insurance. These insurance plans are also adaptable for MetLife employees who regularly travel internationally.

Legal services are also provided through MetLaw® for a wide range of potential legal issues, such as will and estate planning documents, real estate, traffic defense, and identity theft. MetLaw®, provided by Hyatt Legal Plans (a MetLife company), is a network of over 15,000 lawyers, with an average of 25 years of experience per attorney.

Working at MetLife

MetLife prides itself on offering employees training and development opportunities, allowing them to realize their full potential. MetLife’s international profile also offers employees the opportunity for global mobility and maximum geographic versatility.

The company actively fosters diversity through two distinct mechanisms. The first of which factors recruiting traditionally underrepresented minority groups. For example, the Global Women’s Initiative seeks out qualified female candidates and offers career development. The Veteran’s Initiative seeks to provide positive transition from military service to working life. And the People with Different Abilities Initiative empowers those with disabilities, striving to find the differently-abled candidates positions in which they can thrive.

The other method in which MetLife encourages an inclusive environment is through employee networks, such as the Global Multicultural Professionals (to create awareness around culturally diversity and to support diverse talent), Local Inclusion Action Teams (which support diversity in specific offices), GLAM (a network for LGBTQ+ employees and allies), and Families at MetLife (created promote a culture of understanding for working families).

MetLife sponsors a number of different resources designed to facilitate a healthy work-life balance. Work-Life ASSIST specifically offers coaching and resources to help employees with their day-to-day lives. Childcare and Eldercare support similarly offers resources for working families. On top of all that, workplace flexibility and PTO are integral to the livelihood of a MetLife employee.

Volunteer efforts, like its partnership with Habitat for Humanity, makes working at MetLife more than just a traditional job.

Finding MetLife Careers

MetLife has several programs that might appeal to recent MBA grads. The Global Leadership Development program offers those with three-to-five years of related experience an opportunity to cross-train in three rotational assignments, in conjunction with advice from a designated mentor and other senior leaders.

MetLife also prides itself on being proactive with regard to recent technological advances. As is the case across most industries, candidates with tech backgrounds are in high demand.

Current MetLife Careers

Several positions that favor individuals with MBAs are currently available at MetLife. Most of these jobs are located within the U.S.. However, there are also openings in Mexico, Singapore, Hong Kong, and the UK.

Associate – Asset Management: Washington DC

Candidates with five-or-more years of experience in asset management or commercial real estate might be interested in this Washington DC position at MetLife Investments. This position focuses on managing and reporting on existing MetLife assets, while also exploring stable ways to expand MetLife revenue through investments.

Director – Global Customer Experience Strategy and Planning: New York City

This NYC position is best suited for those who specialize in customer experience. It requires eight-or-more years of professional experience in management consulting or strategy and program management. However, it is perfect for those with a global mindset and entrepreneurial disposition.

Top MBA Recruiters: Spotify

Spotify, arguably the reigning champion of streaming audio content, shared a triumphant Q4 report with its shareholders late last year: “For the first time in company history, operating income, net income, and free cash flow were all positive.”

Ten years in, Spotify’s business model—a combination of premium paid access and “freemium” ad-based access—miraculously legitimized the Napster template to the tune of enormous profits. To make matters complicated, the Swedish company’s resounding success has been a major source of controversy among musicians whose life’s work the platform is built on.

When Spotify shared its year-end round-up metrics late last year, one image made the social media rounds that compared the company’s annual revenue of $1.37 billion to the 1,117,021 streams required for an artist to make minimum wage and a $0.0037 average per-stream royalty.

One might now understand why many high-profile musicians, like Prince, The Beatles, Taylor Swift, and Neil Young, initially refused to stream their music on Spotify. The composer and harpist Joanna Newsom disparaged Spotify in a 2015 LA Times interview as a “villainous cabal of major labels … built from the ground up as a way to circumvent the idea of paying their artists.”

But the platform’s growing power and presence have coerced musicians to play ball, even if they are reluctant to do so. Whether Spotify’s overall operating structure and approach to content distribution is viable for the long-term remains to be seen.

For MBAs looking for a way to help musicians from inside the belly of the beast, let’s take a look at employment at Spotify.

Landing a Spotify Job

Known for its constant intake of employees, Spotify maintains several divisions and publishes both job openings and internship opportunities. Employees report that internal referrals, stand-out experience and direct engagement are the best way to get hired.

Spotify’s HR team reports receiving hundreds of thousands of resumes each year. So, an early career MBA’s best bet at landing a permanent position may be to secure an internship. Seasoned business leaders would do well to draw the attention of Spotify’s Acquisition Team.

Spotify Job Salaries

According to Paysa, a comprehensive salary comparison tool, those in product management roles at Spotify can expect to earn salaries that average more than $190,000 per year. Even the rough average salary for the company, regardless of position, is about $125,000 per year (below).

What a Spotify Internship Looks Like

Internships are offered in various academic formats alongside occasional graduate and training opportunities. As an intern, Spotify claims, “You’ll be right at the heart of major projects, working with teams of passionate people to create the next awesome thing.”

Spotify places interns at its office locations around the world. These positions tend to be highly competitive so it may take some creative maneuvering to get your foot and nail the interview.

Former intern Andrea Tiutan explains, “I knew that researching and understanding my future hiring managers would help me cater my answers to their interview questions to what they wanted to hear. All this would also help me know how to present my market research project in the most compelling way.”

Spotify Recruitment

In a 2017 blog post, Spotify’s Talent Acquisition team head, Fredrik Johnsson, explains how Spotify recruiters are evaluated based on finding successful matches to the company’s needs, rather than the traditional metric of number-of-hires:

“I focus on letting my managers evaluate the behaviors I need in my team. I need courageous team players, people who act as true talent acquisition partners to the organization and who I can trust to take the hiring decisions that are right for the company in the long run.”

If Johnsson’s approach rings true, experienced MBAs would be wise to clearly frame how their own expertise and leadership aligns with Spotify’s specific needs.

In terms of how to get in front of recruiters, Johnsson explained in a 2018 post that his team team uses LinkedIn’s Talent Insights as a search tool.

Choosing Spotify

Spotify is known for its decentralized leadership structure and consensus-oriented decision-making. Some employees report that this, in combination with suboptimal HR practices and ineffective middle management, makes both the impact of their work and opportunity for advancement a challenging prospect.

On the other hand, some employees report that they appreciate the community of peers, benefits, and work-life balance the company offers. With Spotify’s recent announcement that it plans to further expand both its operations and market reach, now may be an optimal time to grab a seat at the table. That is, of course, for those willing to take on both the good and the bad with one of the world’s highest-profile businesses.

Top MBA Recruiters: IDEO

If you’re interested in international design and consulting, IDEO (pronounced eye-dee-oh) should be on your radar. Launched in Palo Alto, CA in 1991, the company is known for using design-thinking methodology to design its products, services, environments, and digital experiences. They’re involved in a wide range of consumer products (toothbrushes, computers, personal assistants, etc.) experiences (non-traditional classrooms), as well as management consulting and organizational design.

Known for designing the first manufactured mouse for Apple, IDEO leads the way for human-centered design. As their website says, “IDEO has long been at the forefront of creating change through design.” Continue reading…

Top MBA Recruiters: American Express

The fact that “Don’t leave home without it,” once American Express’ omnipresent tagline, is now “Don’t live life without it” speaks to its transformation. Its YouTube channel features content ranging from “Unlock the Money,” showing the evolution of various startups, to “Epic Everyday,” which offers crafty lifehacks like how to make smoothie ice cubes. Not just a credit company anymore, AMEX has billed itself an “engine of commerce.”

Like many global financial services groups in 2019, AMEX has learned that to thrive, it must adapt to meet the many needs of the millennial consumer. This, along with its wide variety of job opportunities and a top global recruitment program, make it a great place to work for MBAs.

Why American Express?

With over 65,000 employees worldwide, American Express was ranked 13th by Fortune on its “100 Best Companies to Work For” list in 2019. One of its major attractions is the recent added focus on work life balance, and it now offers a whopping five months of family leave time for new parents. Other benefits include generous healthcare coverage which begins on day 1 of employment, wellness and prevention programs, and tuition assistance. American Express also offers a variety of virtual positions, along with a compressed work week.

The company also matches employee donations to nonprofits, offers a variety of volunteer opportunities, and prioritizes environmental sustainability efforts across all levels of employment. It has also earned 100 percent on the Human Rights Campaign’s Corporate Equality Index for LGBTQ—inclusive workplace policies and practices. In addition, AMEX was voted the “Best Company for Diversity” by Black Enterprise in 2017 and one of the “Top Companies for Women in Tech” in the same year.

Phoenix, Salt Lake City, and Fort Lauderdale are listed as key cities for external hiring and internships, and the New York City headquarters is a top hiring location as well.

American Express Salaries

Glassdoor reports the typical American Express Analyst salary at $72,034. Managers make $101,000, while Senior Marketing Managers make $118,000. Top salaries are $149,000 for Marketing Directors and $196,000 for Vice Presidents.

Starting an American Express Career

American Express’ recruitment program is robust, and it hires MBA interns across all disciplines. According to one recruiter, “The culture and people at AMEX are what make it a great place to intern … [it’s] an environment centered around collaboration.” Interns can find opportunities in the following areas:

• Consulting
• Finance
• Marketing
• Operations
• Human Resources
• Risk and Governance

One former intern says, “Many of the casual coffee chats of my intern days have developed into true mentor-mentee relationships in my full-time career.” The 12 week summer internship program is offered in New York, Phoenix, or Fort Lauderdale, and AMEX also offers ‘talent communities’ in which students and professionals can track available opportunities and find matches for their abilities. Having shifted in the past decade to a focus on digital commerce, AMEX seeks MBA graduates who are well versed in data analysis, no matter what position they seek.

Top recruiting schools for AMEX include the New York University Stern School of Business, Columbia Business School, the University of Michigan Stephen M. Ross School of Business, Cornell’s SC Johnson School of Management, London Business School, IESE Business school in Barcelona, IIT Bombay, and IIM Ahmedabad. Roughly 250 interns and full-time hires are brought into the company each year, according to recent figures.

A final helpful piece of American Express career advice offered by a recruiter:

“It’s your job to sell us on your passion. I also need to understand that you know what the job is. That might seem obvious, but a lot of people come in unprepared. I love questions from candidates that look to the future: ‘What do my first 90 days look like?’ ‘What are the key things you’d like to help me to achieve?'”

Top MBA Recruiters: Slack

In a job landscape continually dominated by newer tech companies, many MBAs have chosen a tech-focused specialty in their future career plans. Among the companies with the greatest need for MBA talent are those that are in growth stages. Founders of startups or early stage ventures are not always certain of how to manage the finer points of finance, marketing, project management, and accounting. As they grow, so does their need for strong MBA candidates to attend to these details.

Tech companies specializing in cloud-based collaboration software are always on the hunt for new talent. Slack, Inc., for example, is a leader in a growing field of these communication tools, and its popularity is soaring. Here is a look at how and why a Slack career might be a wise front-runner on your job wish list.

The History of Slack, Inc.

Founded in 2013, Slack is still a relatively young company. Its recent acquisition of the assets of Atlassian’s enterprise communication tools in 2018 speak to its prevalence. With Slack, employees can chat with one another and form discussions around topics and groups, all with the goal of making connection with your peers easier and more direct. All chats are searchable which makes for a dynamic storage system for companies of all sizes.

Seeking a Slack Internship?

On its University Recruitment site, Slack boasts that joining “fosters curiosity and celebrates creativity in an effort to help everyone—here at Slack and around the world—do their best work,” (which incidentally is one of the company’s motto’s.) By assigning interns to project teams that tackle real assignments, Slack prepares future employees for life at the company. Internships take place over a 12 or 16-week session during the summer or fall, with application deadlines in May and August. If an application is accepted, Slack offers a phone or video interview along with a take-home assignment before coming to a decision.

Those looking for an internship in the tech world should seek out Slack’s San Francisco headquarters.

Each intern is guided by a mentor, and can connect with executives and team leaders on a daily basis. Outside of the office responsibilities, Slack offers interns volunteer opportunities and networking as you build your resume. Currently, Slack’s San Francisco headquarters is seeking a Sales Strategy Intern. Ideally, candidates for the position will possess several years of prior management consulting experience, and will receive their MBA in 2020.

Applying for a Slack Career

One of Slack’s greatest assets is its diversity. According to a recent article in The Atlantic, “Slack has been outperforming other Silicon Valley companies, [in diversity of its workforce]. At Google, Facebook, and Microsoft, women hold between 19 percent and 28 percent of leadership positions … At Slack, women make up 31 percent of leaders and hold 34 percent of technical roles. Also … percentages of underrepresented minorities … are, in some cases, triple that of peer companies.”

This alone makes a Slack career appealing, but additional benefits are numerous. The company gives each employee $500 a year toward personal development, and $2000 annually toward professional development. One hundred percenter of health care expenses are covered for employees and their families, and $150 per month reimbursement for fitness/wellness memberships. Slack gives its workers “generous parental and new child bonding leave”.

Massage therapy, catered lunch and breakfast, game nights, and a ‘meeting-light’ culture round out the list of the company’s appealing perks.

Currently, there are close to 200 open positions at Slack both in the U.S. and abroad. Here is a look at just a few.

San Francisco

• Business Intelligence – Marketing and Business Intelligence – Product
• Data Scientists for Lifecycle and Product
• Corporate Development Manager
• Business Development Manager – Platform
• Various Accountancy Positions

New York City

• Business Intelligence Analyst, Product
• Sales Operations, Deal Strategy Lead

Denver

• Senior Systems Analyst
• Sales Operations, Senior Commissions Analyst

In Tokyo, Slack is seeking a Partner Manager, Systems Integrator Alliances along with a Head of Enterprise Marketing. In London, there is an open position for a Senior Analyst Relations Manager, and the Dublin office is in search of Accountant, along with a Customer Experience Specialist.

Slack Career Salaries

According to data gathered by Paysa, Slack’s San Francisco office pays an average of $183,997 per year. This falls within a range of $126,305  to $222,941. A breakdown of the average is as follows: $132,038 base salary; $34,566 in equity; $17,392 annual bonus, and a $9,641 signing bonus. For specific positions more in-line with MBA talent, a senior marketing manager earns an average base salary of $108,000

For a full listing of Slack’s current open positions along with application instructions, visit the careers site.

Top MBA Recruiters: Airbnb

One of the great clichés of the tech industry is the notion of “disruption.” As in, nearly every app, website, or program will disrupt the way we previously conceived of our environment. All this talk of disruption in tech often amounts to a lot of hot air, but not so for Airbnb.

Initially founded as a way for two guys to earn a bit of extra income to cover astronomical San Francisco rent, Airbnb has become a leader in peer-to-peer property rental. Millions of people use the service each year to find temporary lodging in virtually every nook across the planet

As Airbnb’s popularity soars and the company continues to expand its services—it recently acquired HotelTonight, a discount hotel booking service—MBAs with interest in hospitality should consider these Airbnb careers.

Why MBAs Love Airbnb

Airbnb is a young company, launched in 2008. In that short time, it has established itself as a power player in the hospitality industry. With an IPO in the pipeline this year, the company is working to shore up its future. This means further expansion into new markets and new services to maintain company profitability. MBAs who long to play a vital role in the expansion of an already hot brand will find opportunities in spades at Airbnb.

Airbnb compensates MBAs well for their contributions. According to Glassdoor, MBAs who arrive as program managers can earn an average of $117,299 in base salary and $18,868 in a cash bonus. Those who receive stock bonuses can earn an extra $32,669.

In addition to the salary, Airbnb careers have excellent benefits. Employees will find health care, dental care, 401(k), life insurance, and a complimentary snack pantry on pair with most Silicon Valley startups. However, Airbnb offers a few other unique perks.

To start, the company provides stipends to its employees to cover cellphone bills, continuing education, and commuting, whether by bike or by public transportation. In addition, Airbnb provides its employees with a $2,000 travel stipend to stay in any Airbnb property in the world, which essentially gives Airbnb employees gratis accommodations wherever they travel during their three weeks of annual PTO.

Life at Airbnb

One might gather that Airbnb encourages its employees to maintain a healthy work-life balance, which many employees have remarked is actually quite easy. Airbnb employees also seem to enjoy the company of their coworkers, who are often described as thoughtful, intelligent, and nice.

The company has a lenient telecommuting policy. However, most employees come into the office because the provided spaces are worthy of spreads in Architectural Digest. Airbnb hires local architects to customize each office to its city. The employees have noticed; many note that the gorgeous offices are a major benefit of working for the company.

Airbnb Careers

The firm has four core values:

• Champion the Mission
• Be a Host
• Embrace the Adventure
• Be a “Cereal” Entrepreneur

Successful candidates will be able to explain how their skills and talents fit with these core values.

The interview process for the product manager position starts with a phone interview. If approved, candidates will venture to the Airbnb office for a full day of interviews and examinations. This includes case study presentations and multiple interviews. If the company considers you a fit for its company, it will extend an offer.

As noted above, cultural fit is extremely important at Airbnb. The company encourages candidates to set aside some time to consider how they might contribute to the culture at Airbnb. The company recommends making contact with a current employee to help gather information on what Airbnb expects regarding its core values.

Top MBA Recruiters: Netflix

In the 1990s, when you wanted to rent movies, there was only one way to do it: head into a Blockbuster. At least that was the case until 1997 with the advent of Netflix.

When the company first got its start, the world of on-demand streaming was nonexistent. Instead, Netflix.com was a DVD rental and sales site where you paid a low monthly fee for unlimited DVD rentals. By 2005, more than 4.2 million people became members of Netflix and Blockbuster began to fade.

Everything changed again in 2007 when Netflix introduced streaming, where members could instantly watch TV shows and movies online. All you needed was your parent’s password, and the rest is history.

Now, Netflix is a video streaming giant with 139 million paid memberships in over 190 countries. Members can watch as much as they want, anytime and anywhere, including original series, such as the highly successful Orange Is the New Black and House of Cards.

With all this going for it, it should be no surprise that Netflix is a sought-after employer for MBAs with a keen interest in disruptive tech and entertainment.

Why MBAs Love Netflix

Netflix is famous for its unique company culture. According to Business Insider, the company “does not tolerate either failing employees or ‘brilliant jerks.’” That can be both good and bad depending on your viewpoint. What it does translate into is a company that focuses on “freedom and responsibility,” meaning you’ll be expected to work hard, hit the ground running, and excel in a cutthroat environment.

“Being part of Netflix is like being part of an Olympic team,” Netflix tells the Wall Street Journal in a written statement. “Getting cut, when it happens, is very disappointing but there is no shame at all. Our former employees get a generous severance, and they generally get snapped up by another company.”

The good news is that this equates to impressive pay with 800 employees on Glassdoor giving the company 4.2 stars for “Compensation & Benefits.” On average, a manager at Netflix can expect to earn $178,176, while a senior manager makes $213,243. The key is that you perform and perform well at Netflix. There’s no handholding. Instead, you can expect long hours and a tough work/life balance rating at 3.3 according to Glassdoor.

And there’s no doubt that hard work has paid off for the company. Since 2012, the Netflix stock has increased 2,500 percent and is the indisputable leader in the entertainment industry. It might be a fairly ruthless culture, but it’s working and producing results.

Netflix Careers

According to one former employee who posted an Indeed review in March 2019, “the benefits and the company itself were great: flexibility, values, inexpensive insurance, no dress code, etc.” And others agree.

When you work at Netflix you can expect half free lunches, an amazing kitchen with all kinds of snack and drinks, and fair PTO and sick days. However, you can also expect a demanding schedule that requires you to be on your game and getting the job done.

“Fast-paced, dynamic company, great exposure, and learnings. High impact and good [renumeration] and perks. Many peoples dream company to work for,” one anonymous former director wrote on Glassdoor

Getting Hired at Netflix

Don’t expect getting a job at Netflix to be a piece of cake. According to a 2016 Reddit AMA (Ask Me Anything) hosted by a purported Netflix employee, the interview process is long, involved, and designed to make sure your personality fits the company culture, and you’re technically capable.

According to the Reddit, you’ll talk to “eight or so people,” some of whom are from HR while others are from higher up in the department where you’re applying to. Typically, if even a single person doesn’t like you, you won’t get the job. You’ll even be flown out to headquarters for an all-day interview just to make sure you’re the right person for the job.

As for what Netflix looks for in its employees, they want you to demonstrate qualities that align with their values. This includes:

• Courage
• Humility
• Curiosity
• Passion
• Being open to providing and receiving feedback
• Scrappiness and grit
• Team player
• Inclusive and self-aware

For more insight, there’s a great Netflix podcast that is all about how the company hires, which you can watch here.

Current Netflix Careers

Generally, Netflix does not high new grads or interns. According to a thread on Quora, Netflix does not consider itself an entry-level company. If you’re an exceptionally skilled candidate or someone with a rare skill, the company may make an exception, but for the most part, the company is looking for employees that already have experience.

There are currently more than 450 job openings at Netflix in California, London, Singapore, Amsterdam, Tokyo, and other locations around the world. Those openings include jobs in:

• Business development
• Marketing and public relations
• Finance
• Data, analytics, and algorithms
• Design and product innovation

The best part of every job opportunity at Netflix is the “freedom to do whatever you think is necessary to move the business forward. The worst thing is that nobody will tell you how to spend your time or what exactly you should be working on (outside of setting larger goals for your role),” according to a LinkedIn Q&A

Top MBA Recruiters: S&P Global

In 1869, Henry Varnum Poor published an investor’s guide to the American railroad industry. As it approaches its 160th year, New York City‘s S&P Global, the company that bearing his name, is an elite firm that organizes an index fund for the stock market and provides important financial information to businesses around the world.

S&P Global is one of the largest financial analytics firms in the world, which means that many MBAs who aspire to roles as quants should read on.

Why MBAs Love S&P Global

For those familiar with the Wall Street Journal, S&P Global’s massive international presence in the financial market is hard to miss. MBAs who want to pursue international opportunities or return to their home countries can find many opportunities with S&P Global, operating 65 offices spread across six continents.

Given the prominent position in finance, S&P Global offers extremely competitive wages to its employees. According to Glassdoor, MBAs who begin their careers at S&P Global as associates can earn an average of $110,397, with an additional $15,000 in cash bonuses.

Life at S&P Global

S&P Global and S&P Global Market Intelligence both emphasize strong work-life balance and benefits. In addition to comprehensive health, vision, dental, and retirement benefits, S&P provides employees with support for child and elder care, adoption assistance, and a maternity management program for new mothers. S&P also offers employees a $5,000 refund for continuing education courses.

Another major benefit that employees extol is the high quality of their colleagues, who are described as extremely smart and open to collaboration. Some also mention how S&P Global is a fantastic place to learn about the business and get a foothold in the field.

Landing a Job at S&P Global

The firm operates on three primary principles: relevance, integrity, and excellence. S&P also seeks candidates who embody the following leadership qualities:

• Operate outside-in
• Elevate people
• Adopt a worldview
• Drive performance
• Speak the truth
• Execute with discipline.

It is critical that all prospective employees to understand what these values mean to them and how they can be applied to their work at S&P Global.

The application process is rather straightforward. For example, prospects for the associate position are first screened through a 30-minute phone interview. If the phone interview is passed, candidates are called in for a series of interviews and a two-hour in-house rating assessment, which requires that the candidate writes a one-page recommendation based on information provided to them by the firm.

As noted above, throughout this process, the firm attempts to assess the candidate’s fit within the S&P Global culture. S&P also looks to ensure that candidates have the technical skills necessary to thrive in the job if hired.

The best candidates will have made contact with current employees to review what systems are being used at S&P Global, particularly in their desired area of employment, and will know how their experience and mentality fits with the firm’s values and principles.

Current S&P Global Jobs Openings

The company is currently looking for a litany of MBA talent in and outside of the United States. There are over 300 openings at S&P Global Market Intelligence alone. Just last week, the following positions opened up:

Sales Associate – Investment Banking/Private Equity – New York City, U.S.

While this position does not explicitly require an MBA degree, the company notes that is preferred, in addition to “Investment Management, Hedge Fund, Private Equity and Investment Banking space.” Business school grads with a passion for sales are prime for this role, who will need to “identify key decision makers and influencers with target prospects and execute sales strategy collaborate with sales members, client services, product management, operations, technology, and legal to optimize product and service delivery.”

Product Manager – Digital Storefront – New York City, NY or Charlottesville, VA or Centennial, CO, U.S.

For business school grads less interested in the art of sales and more inclined to the world of strategy, a Product Manager role may be perfect. The role looks for people who can “build out a new digital storefront for all of our data sets products. You will work alongside S&P Global Technology, Commercial, Content and Operation teams to define executable business requirements that are aligned with Clients needs as well as the broader S&P Global strategy and goals.”

An MBA degree is not a requirement for the position. Rather, in line with the experience many MBAs have already earned by the time they earn a degree, the Product Manager should have at least three years of business analysis or project management experience, and four to six years of business experience in general.

Marketing Manager – New York City, U.S.

Business grads with at least five years of related experience may be very interested in the company’s Marketing Manager role in New York. They’re looking for candidates that can craft a compelling marketing narrative, working alongside the sales, research, and product teams, helping to build the brand.