Tech Interests and West Coast Jobs Spike in New Northwestern Kellogg Employment Report
Last week, Northwestern University’s Kellogg School of Management released its 2018 Employment Report revealing a record number of graduates going into the tech industry (28 percent) and more companies hiring Kellogg talent than ever before. Other highlights include a growing number of graduates headed to the West Coast for jobs (around one-third) and a steady employment rate with 94.6 percent of students receiving a job offer three months post-graduation—a slight increase from 94.1 percent last year.
Kellogg Job Offers and Salaries Remain Stable
Over the last two years, Northwestern Kellogg has witnessed strong and steady base salaries and job offers with little to no change. Although the number of MBA graduates heading into consulting decreased slightly this year (down to 30.1 percent from 32.9 percent), the median salary was $147,000 for both years. The technology industry had similar results though interest increased year-over-year (24.9 percent in 2017 compared to 28.3 percent in 2018). Median base salaries in technology stayed consistent with just a slight increase from $125,000 in 2017 to $130,000 in 2018.
As for graduates seeking employment, in both 2017 and 2018, around 82 percent of MBA students were looking for a job. Of those students, 94.1 percent received an job offer last year compared to 94.6 percent this year.
“We are thrilled to see the continued strong demand for Kellogg talent across a diverse range of industries and geographies,” Kellogg admissions says.
Kellogg Students Head to the West Coast & Work at a Range of Companies
One of the most notable differences this year was the number of MBA graduates heading to the West Coast. Thirty-three percent of students took a job in the West, the highest percentage ever. That change correlated to a decrease in interest in the Midwest down to 26.1 percent from 30.2 percent. However, more students took an international job compared to last year (12.8 percent in 2018 compared to 10.9 percent in 2017).
Another stand out in this year’s employment report was the growing breadth of companies hiring Kellogg talent. Last year, 207 companies were responsible for employing all 500-odd students. This year, 228 companies hired MBA graduates, “illustrating that Kellogg equips its graduates for jobs anywhere,” Kellogg admissions wrote.
As for the top companies hiring graduates, that prestige went to The Boston Consulting Group and McKinsey & Company, both of which hired 33 grads. Other top employers included Bain & Company (24), Amazon (21), and Deloitte Consulting LLP (12).
This article has been edited and republished with permissions from its original source on Clear Admit.
New MBA Jobs: Deloitte, Visa, Fidelity and More
Whether it’s an entry level placement for recent graduates, or a position fit for a seasoned business veteran who just added an MBA to their resume, there’ lots of exciting new MBA jobs out there. This week is no different—check out some of the best new MBA jobs out there below: Continue reading…
5 Highest Paying MBA Internships in Philadelphia
The moment you decide to earn your MBA, you should already be thinking about your MBA internship. Within the first few months of your education, you’ll be discussing your internship opportunities and soon afterward, applying. For the most part, you’ll choose your internship based on your career interests, but there’s one other aspect to consider: the pay.
MBA interns can earn impressive hourly wages, which may be a shock if you’re still thinking like an undergraduate student who worked an entire summer for free. But is an MBA internship salary something to sneeze at? It could be depending on your job function, industry, and the company you work for. So, who pays the most?
We dug into Philadelphia MBA internships to find out which companies would pay the most, and here’s what we discovered. Continue reading…
STEM Startups, Notre Dame’s New Master’s, and More – Chicago News
Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.
Why a Choice Doesn’t Feel Like a Choice When Morality Enters the Picture – Kellogg Insight
In new research co-authored by Northwestern Kellogg Assistant Professor of Management and Organizations Maryam Kouchaki finds that “across cultures, when people view a particular decision as being moral in nature, they don’t feel like they are making a choice at all, and they pay less attention to alternative courses of action.”
In other words, “people who viewed a particular issue as moral experienced a lower sense of choice when making a decision related to that issue, as compared to people who did not view the issue as moral.”
Kouchaki notes, “Even though they did the most amazing thing, it wasn’t like they felt that they deliberated. They felt like they had no choice. Their sense of freedom has been constrained and it has a spillover effect for your actual behavior.”
The study was co-authored by Cornell’s Isaac Smith and Nanyang Technological University’s Krishna Savani of Nanyang Technological University.
You can read the full article here.
Notre Dame launches New Graduate Degree in Business Analytics – Mendoza Ideas & News
Notre Dame’s Mendoza College of Business just announced its new one-year, 31-credit-hour Master’s of Science in Business Analytics (MSBA), designed for “pre-professional students with little or no work experience.”
In a recent release, John W. Berry, Sr. Professor of Business and Chair of the Information Technology, Analytics, and Operations Department, describes MSBA students:
“They were either recent graduates that didn’t have the work experience, or international students interested in the STEM degree who wouldn’t be able to work while earning their degree.”
According to the school, the program’s goal is to “provide a rigorous education in applying analytical techniques to massive data sets to solve business problems — knowledge that has become critically important due to revolutionary advances in information technology.”
Katherine Spiess, Associate Dean for Graduate Programs at Mendoza adds, “In addition to learning about cutting-edge data analytics, our MSBA students have the opportunity to explore the ethical dimensions of collecting and analyzing data to promote business as a force for good in society.”
You can find out more about the brand new Notre Dame Master’s of Science in Business Analytics here.
MakerGirl Thrives and Expands to New Heights – Gies School of Business News
MakerGirl, a nonprofit founded by Gies College of Business students to enable “college students to teach science, technology, engineering, and math (STEM) skills to girls ages 7-10,” recently expanded its operations to include robotics and special coding classes at Northwestern University and announced plans to collaborate with DePaul University.
The goal of MakerGirl’s founders is to “impact 10,000 girls by 2023, including half from underrepresented and rural communities.”
The nonprofit MakerGirl startup is built to help introduce young women with leading STEM graduates / Photo via https://www.kickstarter.com/projects/1501163298/makergirl-goes-mobile-midwest-edition
Julia Haried (’15 ACCY, ’16 MAS) and full-time employee at Deloitte, recently spoke about how invaluable the support of the school has been to the launch and growth of MakerGirl.
“In [my social entrepreneurship] class, the idea was born and incubated by myself and co-founder, Elizabeth Engele, and supported by course instructors. The idea was further launched in the iVenture Accelerator, a Gies-supported venture accelerator that gave us $10,000, mentorship, and a summer to grow MakerGirl’s impact at the Research Park. Because of these experiences, I was challenged and encouraged to solve a big social problem.”
Co-founder Elizabeth Engele also adds, “It’s so much fun and fulfilling to build a program that creates a meaningful experience for girls right now that also impacts their future. We have witnessed girls self-identify as MakerGirls after the program, which is incredibly powerful for themselves, their families, and their communities.”
She continues, “MakerGirl brings me the greatest joy when I see young girls get excited about science, technology, engineering, and math, and literally shift who they perceive themselves to be in the world.”
You can read more from the interview here and visit MakerGirl’s official site for more information.
New MBA Jobs: IBM, BB&T, Comcast, Deloitte, and Chevron
Want to know the best new MBA jobs out there? This guide is where you want to be. Browse some of the top job openings at the following top MBA employers below, and apply today! Continue reading…
The Five Biggest Texas Internship Destinations for MBAs
Whether an internship is optional or required for your MBA program, interning at top companies in your metro can not only offer hands-on work experience, but the chance to develop professional relationships that can shape the rest of your career.
Major Texas metros like Houston and the Dallas-Fort Worth area are increasingly becoming known for their roles in business and technology, making these cities the perfect spot for students to begin their professional careers with summer internships. Often these internships can lead to continued work and career opportunities after graduation. For example, 100 percent of students at a top MBA program like TCU’s Neeley School of Business earned internships in 2016, nearly half of whom continued projects for their employer on into the following year.
The Five Biggest Texas Internship Destinations
Hewlett Packard (HP)
Headquartered in Palo Alto, CA, the multinational informational technology company, HP, has a strong presence in Texas’ biggest metros. With a massive range or products, from personal computers to 3D printers, HP has 55,000 employees around the world and a net income of $2.53 billion USD.
HP and their separate Enterprise Service business, Hewlett-Packard Enterprise, offer a number of internships for MBA students and are considered one of the top intern destinations for schools like the Naveen Jindal School of Management at the University of Texas at Dallas and Rice University’s Jones Graduate School of Business.
HP offers a 12-week paid summer internship program for students in a variety of fields. Current openings include positions like:
- Personal Systems MBA Project Management Intern (HP)
- Personal Systems MBA Marketing Summer Intern (HP)
- Financial Associate MBA Intern (Hewlett Packard Enterprise)
Texas Instruments
It likely doesn’t come as a surprise that technology company Texas Instruments, headquartered in Dallas, is a top employer for MBA interns in the region. The company, which as of 2017 had a profit margin of $3.68 billion, has a number of different career paths available for their interns, with rotational opportunities after students have graduated that can help accelerate their career. Business roles at the company include focuses such as Finance and Operations, Human Resources, Information Technology, Marketing Communications, and Supply Chain Analyst.
With internship opportunities in engineering as well as the business fields, Texas Instruments consistently tops lists for MBA interns in programs like the aforementioned TCU Neeley School of Business and other top Dallas schools.
AT&T
Headquartered in Dallas, AT&T today is the world’s largest telecommunications company and second largest provider of mobile phone services in the country. And with 254,000 employees worldwide, it makes sense that this massive company would seek to create a talent pipeline for MBA students in the area. AT&T tops the list as an internship destination for students in schools like Texas A&M University’s Mays Business School and Jindal at UT Dallas, among others.
AT&T offers summer internships in a number of different focuses and fields, which provide real-world projects, specialized training programs and leadership exposure. Currently open positions with the company include a Leadership Internship, Finance Internship, and Software Development Internship.
Deloitte
Another company making an impact for student interns at schools like Neeley, Rice, and Mays, is “Big Four” accounting organization Deloitte. The company is headquartered in London but with over 263,000 employees throughout the world. In 2017, Deloitte officially became the fourth largest privately owned company in the United States.
Deloitte’s commitment to recruiting talented finance students is reflected in the many MBAs who find both internships and full-time positions with the company. A Texas internship at Deloitte typically last eight to ten weeks during the summer and continue through at least one semester of the school year. MBA student interns have access to a number of incredible resources during their internship at Deloitte, including a consulting immersion program, women’s leadership launch, and the chance to participate in a number of case competitions.
Accenture
With headquarters in Dublin, Ireland, the work of global management consulting company Accenture may seem worlds away from Texas, U.S. But with nearly 500,000 employees around the world, this Fortune Global 500 company has left its mark as a top employers of MBA interns at schools like TCU Neeley and Rice’s Jones School of Business.
Accenture’s internship program is a ten to twelve week experience throughout the summer that encourages students to empower themselves through innovation. Student interns have access to programs like the Student Leadership Conference, Buddy Program, Summer Analyst Day of Service, and group outings. Those who are able to turn their internship stays with Accenture may also be awaiting a hefty payday when it comes to full-time employment after earning an MBA.
“According to Management Consulted, post-MBA salaries at Accenture hover around a base salary of $140-145,000 with a $25,000 signing bonus, an $8,000 relocation check and a performance bonus up to $44,000. Interns typically clock $31 per hour, plus overtime and a signing bonus.”
