Finding Your Dream MBA Career at Barclays
For over 300 years, Barclays has been one of the leading international banks for both consumer corporate investments. MBA candidates are drawn to Barclays not only for its stature in the global finance industry but also for the vast array of professional opportunities it offers. Within business banking, corporate banking, customer banking solutions, marketing, investment banking, and technology career paths, Barclays’ training, mentorship, networking, and travel opportunities are often unparalleled in the financial industry.
Barclays’ MBA Recruitment Program
At Barclays, one major key to continued growth and success consists of building strong interdisciplinary business networks. As part of Barclays’ ongoing development opportunities, the company maintains a robust campus recruiting system. Barclays makes a point to develop relationships with their future prospects as early as possible in their educational and professional careers.
For students pursuing an MBA, Barclays offers the MBA Ambition Diversity Program, a summer internship program dedicated to talented and motivated MBA candidates. Within the MBA Ambition Diversity Program, Barclays initially gives a candidate a “condensed version of our on-campus recruiting process during the summer before you start your MBA, culminating in interviews at our New York office.” Successful candidates will then be offered an internship position the following summer after the first year of business school is completed. Once a candidate has been accepted, Barclays offers a fellowship program that “provides $45,000 toward first-year tuition and academic expenses.”
Barclays prides itself in seeking out women, men, and non-binary individuals of all backgrounds to cultivate a diverse environment for employees to learn from one another. The idea is that this multifaceted workspace will help employees expand their cultural perspective as they embark on a career in global finance.
As of October 2017, Barclays has begun to offer free accommodation for graduates taking job interviews in London, Birmingham, and Manchester. This is for all graduates—not only Barclays applicants.
The Barclays Career
In 2016, Barclays’ head of banking associate recruitment, Kristi Robson, explained in an interview that MBAs are commonly hired into their banking division where Barclays has its largest intake. Banking interns and employees generally move into a product or coverage role within Equity Capital Markets or Technology, Media & Telecommunication, for example. Robson explains, “We do hire a small number of MBAs into our research business but this is dependent on business need.”
According to the 2017 WSO Investment Banking Industry Report, first-year analysts earn between $70,000 and $150,000 USD based on experience and by year three average between $120,000 and $350,000. “At the analyst level, it is not uncommon to work between 80 to 120-hour weeks at some firms. Most analysts start in the summer and receive their first investment banking analyst bonus around June or July, approximately one year after the analyst starts working. Analysts also often receive a signing bonus from $5,000 to $20,000, as well as a moving bonus if they are transferring laterally to a different bank.” For these reasons and more, Barclays strives to provide their candidates with every opportunity to grow professionally.
Education Opportunities
The following London MBA programs are reputable feeders for roles at Barclays. They are all remarkable schools for distinct reasons but each provides a formidable mix of business education and valuable alumni networks:
- Ashridge Executive Education
- Cass Business School – City University London
- Cranfield School of Management
- Henley Business School – University of Reading
- Imperial College Business School – Imperial College London
- Judge Business School – University of Cambridge
- London Business School
- Saïd Business School – University of Oxford
If you’re driven and wish to work for a large organization that still believes in “small-business”-style relationships and offers unique opportunities to develop business skill-sets and global perspectives, then Barclays could be the perfect fit.
George Mason School of Business Welcomes New Dean Maury Peiperl
Maury Peiperl, Dean of the George Mason University School of Business since August, is quickly learning and already taking real steps to transform the institution.
Cranfield Professor Bill Sheddon Receives Lifetime Achievement Award After Death
Bill Shedden was a treasure at the Cranfield School of Management. He passed away last month after suffering a stroke, yet his legacy lives on.
UNICON: Consortium for University-Based Executive Education awarded Shedden with a Lifetime Achievement Award, according to a recent news release. The announcement was made in Paris at the consortium’s annual board meeting last month.
Shedden spent 15 years at Cranfield. He joined as the director of the Centre for Customised Executive Development (CCED). He also served on UNICON’s board from 2007 to 2013 and was the board chair in 2011. The consortium described him as a “collaborator” who “effectively competed with top schools for the most prestigious client engagements.”
“All of our members bring value, but every now and then, there are certain individuals who show outstanding commitment and whose contributions surpass what is expected,” UNICON Executive Director Bill Scheurer said in a press release. “Bill was fully engaged in UNICON activities for many years and was well respected as a thought leader and for his gracious and kind manner.”
Cranfield colleagues also grieved Shedden’s sudden departure. Dr. John Glen, who works in the business and now directs the CCED, said, in a press release:
“The external recognition of Bill’s inestimable contribution to executive development only captures part of what made Bill Shedden the man he was. Bill was a fabulous leader who gave generously of his time to help his colleagues be the best that they could be. A man of endless patience, he would listen to the concerns of all his team and use his influence and network to broker solutions to their problems. His experience as a trade union negotiator in the 1970s and early 1980s gave Bill a skill set which made negotiating with clients so much easier for those of us who did not have his experience.”
Glen went on to describe the late professor as a “father figure.” Shedden leaves behind a daughter and son, Natalie and Daniel, respectively, as well as grandchildren.
Your Guide To London’s Executive MBA Programs
Even after many years on-the-job learning, many business professionals may choose to pursue a formal advanced business education. With the chance to earn an Executive MBA, experienced professionals can pursue a degree more tailored to their particular experience level and career goals. EMBA graduates may find other benefits as well, including a 11.6 percent salary increase after graduation. Other tangible benefits can be seen in the form of career growth and increased leadership opportunities, development of a global business mindset and the establishment of a strong peer network.
Cranfield School Appoints Professor Lynette Ryals as Interim Director
Beginning August 1, Professor Lynette Ryals will take over as the Interim Director at the Cranfield School of Management. It is the first time in the school’s 50-year history that the position has been taken up by a woman. She is succeeding Professor Maury Peiperl, who is leaving the school to take over as Dean of the School of Business at George Mason University near Washington DC.
Cranfield MBA Ranks Best in World for Economics
When it comes to economics, the Cranfield School of Management’s MBA program is ranked first in the world, according to the new Financial Times 2017 full-time Global MBA ranking. The Cranfield MBA rankings were based on the views of Cranfield’s alumni, which Professor Joe Nellis said made it even more valuable. “The fact that this section of the ranking is based on the views of our alumni makes it even more significant,” he commented in a press release.
Part of the reason for Cranfield’s outstanding economics ranking is the School’s Economics group, which has been around since 1994 and is considered a foundation of the MBA program. Professor Nellis, who heads the group, said, “We live in a truly global world and at Cranfield we have always prided ourselves in making sure that we give our students the best possible education when it comes to understanding the global economy. We are privileged to have some exceptional faculty from around the world who really bring the issues to life for our students.” Continue reading…
