New Balance, KPMG Jobs Announced in Boston
Boston’s storied position in American cultural history continues to unfurl and evolve. Beantown was where the nation’s independence was fomented and fought for. It was and remains an intellectual hub, home to several of our country’s elite institutions. Boston is also an active business hub, offering a variety of career possibilities for MBA graduates. This week’s article features jobs that have emerged in Boston and its environs within the past week.
Continue reading…Stanford Reigns, Dartmouth Surprises in New Bloomberg MBA Rankings
For the second-consecutive year, the Stanford Graduate School of Business earned the top spot in Bloomberg Businessweek’s annual U.S. business school ranking. However, a new entry near the top of the ranking may be a slight surprise, with the Dartmouth College Tuck School of Business claiming the second spot.
Continue reading…The Newest New York City Data Analytics Jobs
It’s no secret that data and analytics have become integral parts of the business landscape. Companies are working hard to translate the information they receive from their customers into a competitive advantage in the marketplace. The New York City data analytics jobs listed in this week’s dispatch all are opportunities for MBA graduates to translate their knowledge of the digital marketplace and technology into a career.
Continue reading…Where Should I Work? Bain or Boston Consulting Group
When it comes to the consulting industry, there are three top dogs: McKinsey, Bain, and Boston Consulting Group (BCG). These three elite firms offer a unique blend of prestige, expertise, and history, which make them highly sought-after employers, particularly for MBA grads. But since they’re all part of the same exclusive club, how do you know where to accept a job offer: Bain or BCG or McKinsey?
Continue reading…Register for the 2019 Forté MBA Forums for Women
Registration is open for the 2019 Forté MBA Forums. Designed for women considering an MBA, the Forums provide an ideal opportunity to learn more about the value of an MBA from admissions reps, alumnae, and current students at top business schools. Open to all women—career changers, college students planning the future, or career professionals looking to go to the next level—the events provide a distinct MBA advantage.
About the Forté MBA Forums
The MBA Forums are FREE and held in 11 cities across the U.S. and Europe. The events are a chance for women to build their peer support network and meet other successful businesswomen from a diverse range of industries. The MBA Forums offers exclusive insights into the MBA admissions process.
“The Forté Forum event provided the exact insights we were looking for,” said Madeline Keulen, Forté MBA Forum attendee and 2019 HBS alum. “Most of the schools I was interested in had representatives at the event who could speak to the specifics of their programs, and panels of alumni enhanced the richness of the experience through their personal stories of why they chose to pursue an MBA. I have a much better sense of where I’d fit best.”
2019 Event Dates and Locations
- August 12, Washington, D.C.
- August 13, Houston, TX
- August 14, Atlanta, GA
- August 15, Boston, MA
- August 19, Los Angeles, CA
- August 20, Seattle, WA
- August 22, San Francisco, CA
- August 26, Toronto, Canada
- August 27, Chicago, IL
- August 28, New York City, NY
- October 29, London, England
Sample Event Format
6–8:15 p.m. – Registration and School Fair
- Connect with admissions at top business schools
- Learn more about the admissions process
- Find the right school for you
- Networking reception
7–8 p.m. – MBA Alumnae Panel
Get advice and hear stories from top MBA women in a range of industries and at various career stages. Learn what motivated them to earn their MBA and the successes and challenges they’ve faced.
8:15–9 p.m. – Admissions Panel
Enjoy a panel of seasoned MBA admissions professionals from top programs. Learn more about admissions requirements, researching schools, applications, and financing.
Visit the site to see more details about locations and to register!
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.
