Metro Jobs Report: Career Advice, Goldman Troubles and More
Let’s dig into the latest job news …
Getting Paid: Highest MBA Salaries in Boston
“Step up to get your rep up,” goes the old saying. Reputation is important in the business world and that extends to where you matriculate. Perhaps the most pressing question on the minds of the b-school-bound is: “What does the paycheck look like after graduation?” Got another plan in mind for paying off those loans?
The Berkeley-Haas MBA Career Path
Three months after graduation, nearly 87 percent of University of California, Berkeley Haas School of Business full-time MBA students had a job. These graduates accepted positions in a variety of industries and at a range of top companies including Adobe, Cisco, Facebook and Microsoft. And thanks to Haas’ close connection with Silicon Valley, 38.8 percent were in technology. Continue reading…
Finding Your Post-Graduate Career From the Kellogg School of Management
Every MBA candidate is in pursuit of a dream job with good benefits and high pay. But what can your business school do for you in terms of helping you reach your career goals and aspirations? What resources, networks and workshops are available for MBA students to take advantage of? Specifically, how does the Kellogg School of Management help prepare graduates’ careers? Let’s take a deeper dive.
The Kellogg School of Management
Originally founded in 1908 as the Northwestern University School of Commerce part-time evening program, the school was renamed the J.L. Kellogg Graduate School of Management in 1979 after a $10 million gift from John L. Kellogg, former president of the food manufacturing Kellogg Company. Today, the school is ranked among the top graduate business school’s in the Chicago metro and the world.
A founding member of the American Assembly of Collegiate Schools of Business, Kellogg offers a full-time, part-time, Accelerated and Executive MBA programs. The Kellogg School has campuses in Evanston, Chicago proper and Miami as well as a number of Executive MBA Global Campuses.
What About Jobs?
According to Kellogg, 96 percent of the full-time class of 2016 received a job offer by three months after graduation, with a median starting salary of $125,000. These stats were reported by Kellogg’s Career Management Center (CMC). That report states that most Kellogg students find work in the consulting (33 percent), tech (22 percent), CPG (14 percent) and finance (13 percent) industries.
Here’s a closer look at some of the statistics:
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- 96 percent of students receive a job offer three months post-graduation
- 93 percent students accept job offers within that same three month period
- $125,000 median salary
- Approximately 200 employers hire Kellogg grads
- $25,000 median sign-on bonus
- Jobs placement all across the country (18.8 percent East Coast, 31.4 percent Midwest, 10.7 percent South, 26.3 percent West Coast) and around the world (12.8 percent international)
Following the release of the 2016 CMC jobs report, Matt Merrick, Associate Dean of MBA Operations, said:
“Kellogg students demonstrate a balanced and dynamic skillset that employers seek. With foundational skills in data analytics and business operations, organizations benefit from their multidisciplinary approach to problem solving. As growth-minded leaders, they exhibit an emotional intelligence that motivates teams and has a lasting impact on an organization’s success.”
The Kellogg Career Management Center (CMC)
Kellogg’s industry-leading CMC provides customized support for students, whether they are going through traditional on-campus recruiting or an off-campus “just in time” search. CMC aims to equip students and alumni with the tools and training to proactively manage their career over a lifetime.
For example, of the 22 percent of Kellogg students who took jobs in the technology industry this year, about half got jobs through on-campus recruiting and the other half through a more individualized search in close partnership with the CMC.
What types of resources does CMC offer? Here are just a few, according to the Center:
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- Coaching & Learning: Unlimited free, one-on-one coaching for students and alumni and executive education options for alumni.
- Private Job Board: 3,000-plus job listings, ranging from startups to Fortune 500 for students and alumni.
- Dedicated Research Specialist: Help students build a list of target companies, find contacts and prep for interviews.
- Resources & Workshops: Explore topics, such as resumes, interviewing and salary negotiation, online and in person.
- Expansive Alumni Network: Kellogg’s international network of 55,000 alumni extends across an exceptionally diverse range of industries and functions.
What about for students seeking careers as entrepreneurs?
According to the 2016 CMC jobs report, 39 Kellogg students accepted full-time positions with startups or started their own business. The school has plenty to offer those who decide to pave their own career path.
The Kellogg School of Management’s Innovation & Entrepreneurship (KIEI) initiative helps students and business leaders discover new ideas that can help lead to success in business. Following a generous endowment by Larry and Carol Levy in 2003, the school also launched the the Levy Institute for Entrepreneurial Practice in order to provide entrepreneurial curriculum and activities for Kellogg students.
According to Kellogg, since the fall of 2012, the Levy Institute and KIEI have collaborated to introduce 44 new courses to the school and 22 new faculty members who are all engaged within the Chicago startup and venture capital community.
Defining Your Post-MBA Career Goals
Though essay prompts tend to vary year to year, the two things that nearly every prospective student can count on being asked are “What are your short-term and long-term post-MBA goals?” and “How will Business School X help you achieve these goals?” And, even though many schools have now opted to omit this question during the essay portion of their applications, rest assured that you’ll be asked this question in the data form portion or (most likely) during your interview.
Careers After School: Chicago Booth
At the University of Chicago Booth School of Business, 90.7 percent of 2016 MBA students had a job offer at graduation; 98.4 percent had a job offer by three months post graduation. And it’s no surprise. Not only is the Booth School ranked as one of the top names in MBA education by Bloomberg, U.S News, Financial Times, and The Economist, but as a university, it places a high emphasis on career services. Continue reading…
