New Transportation Industry Jobs Emerge for B-School Grads
There’s no getting around the fact that car culture is the primary means by which Americans get around. While it is highly unlikely that this culture will disappear altogether, many factors including electric and hybrid vehicles, rideshare programs like Uber and Lyft, improved mass transit, and far-flung projects like Elon Musk’s Hyperloop, suggest transportation will change dramatically in the not-too-distant future.
MBAs would do well to take note of the many opportunities embedded in the transportation industry.
Corporate Development and Global M&A – Analyst — General Motors
General Motors is the largest automotive manufacturer in the United States. Traditionally known as one of the Big Three car companies—the other two are Ford and Fiat Chrysler—General Motors’ best-known brands in the United States are Chevrolet, Buick, GMC, and Cadillac.
General Motors is hiring a Corporate Development and Global M&A – Analyst to work at either its headquarters in Detroit, Michigan, or its offices in Bupyeong, Korea. The person hired for this position will join the company’s Corporate Development and Global M&A team, which is tasked with developing methods to deliver on corporate strategy. Some of the team’s areas of focus are alliance management, new business development, and corporate and regional strategic initiatives. This job requires at least three years of prior relevant experience, and an MBA is preferred.
Key responsibilities include:
- Leading business case development for deals
- Supporting transaction execution
- Managing post-transaction partner relationships
To learn more about this and other jobs, please visit the General Motors career page.
Associate Director — BP
BP is a global energy firm that employs 75,000 people across 80 countries. The company covers all aspects of the energy market, from drilling and refining to trading and renewable energy.
BP is looking for more MBA talent to join its Houston team.
BP is hiring an Associate Director who will work from its office in Houston, Texas. The person hired in this position will be working as part of a team that provides bespoke energy risk management services and solutions to clients. The hiree will serve oil and gas producers, refiners, and airlines, among other corporate and financial parties. This job requires at least five years of relevant prior experience, and an MBA is preferred.
Key responsibilities include:
- Identifying possible transactions
- Delivering gross margin targets and business returns
- Managing various financial relationships
Visit the BP website to learn more about this positions and other employment opportunities.
Sr. Inventory Control Analyst — Tesla
Based in Fremont, California, Tesla is a major leader in the transition to sustainable energy. Although it is best known for its cars, the company also produces a variety of energy storage and generation units, including the Powerwall, Powerpack, and Solar Roof.
Tesla is hiring for a Sr. Inventory Control Analyst who will be based in its Fremont headquarters. The person hired to this position will be responsible for keeping an eye on the company’s inventory, ensuring its accuracy and maintaining an appropriate balance. The best candidates for this position will have at least five years of previous relevant experience. The company prefers candidates who possess an MBA.
Key responsibilities include:
- Monitoring inventory accuracy to enable reviews by senior management
- Reviewing inventory reconciliations
- Supporting the implementation of policies that ensure accurate inventory tracking
Visit the Tesla website to learn about this position and others.
Global Revenue Management Center of Excellence Advisor — ExxonMobil
ExxonMobil is a major player in the global petrochemical industry. The company plays a role in all aspects of the energy chain, from mining and refining to marketing and retail through its brands (Exxon, Mobil, Esso).
ExxonMobil is hiring a Global Revenue Management Center of Excellent Advisor who will work out of the company’s office in the Houston suburb of Spring, Texas. The person hired to this position will be responsible for many things, including ensuring the delivery of effective revenue management processes and frameworks for the lubricants value chain. This job requires prior relevant experience, and an MBA is preferred.
Key responsibilities include:
- Contributing to revenue management objectives and strategies
- Analyzing market influences to develop optimal decision-making and business improvement recommendations
- Establishing an analytics work plan
More information about this job and others can be found at the ExxonMobil website.
New MBA Jobs in the Automotive and Gas Industries
There’s no better time to take a road trip than in the summertime, when the sun is shining and the cool breeze blowing against your face. So in the spirit of hitting the open road and enjoying some fun after getting out a list of MBA job applications, here’s a look at new MBA jobs at top companies in the automotive and gasoline industries. Continue reading…
Check Out New MBA Jobs at Walmart, Nike, and General Motors Before the New Year
Are you trying to get one more job application out before the end of 2018? Check out these exciting new MBA jobs at Walmart, Nike, General Motors, Johnson & Johnson and Procter & Gamble, and get those applications in. Soon you’ll be celebrating a new job as well as the new year! Continue reading…
New MBA Jobs: Facebook, Pfizer, GM and More
Whether its an entry level Facebook jobs, or a position fit for an experienced professional at Kaiser Permanente or Salesforce, there’s always exciting new MBA jobs out there. Check out this weeks picks below, and apply for your dream job today! Don’t forget that we post new MBA job just like this every week on MetroMBA:
Top Schools Tackle Sexual Harassment, NFL Protests, and More
Should business schools teach ethics and social responsibility? In the past, top MBA programs stuck to a fairly typical curriculum: finance, marketing, accounting, economics. And while those topics still comprise the core of most MBA programs, they’re now only a part of the whole.
Beyond allowing MBA students to focus their studies in areas like entrepreneurship or technology, MBA programs are also taking on some of the most prominent ethical topics of the day, asking students to weigh in on current headlines and happenings. It’s the MBA ethics debate.
According to a United Nations group survey of business school students from around the world, students believe that ethics are a business’s most important responsibility. According to the report, “the exposure to, and teaching of, business ethics does not merely assist business leaders to resolve moral dilemmas. More importantly, it matures their proficiency in moral judgment and their ability to incorporate social issues in the decision-making process and assists them in implementing this in an all-inclusive manner.”
For example, last year a group of business executives—including the CEO of PepsiCo and head of General Motors—got together to dissolve two business councils that consulted with President Trump after insensitive remarks about the white supremacist violence that took place in Charlottesville, VA. And other executives such as the CEO of Patagonia, Yvon Choinard, have been vocal about political and ethical issues—even using their companies to take positions on social responsibility that would typically be considered outside the scope of business.
So, it’s no wonder many business schools have been making business ethics a more important part of their curriculum. The question is, “How should business ethics be added to the MBA curriculum, and how is it being added currently?” It depends on the school.
At Georgetown University’s McDonough School of Business, Professor Edward Soule teaches courses on business ethics, corporate social responsibility, and leadership. During these classes, he told the New York Times that he has assigned coursework covering a range of trending topics including sexual harassment at Uber, social justice protests by N.F.L. players, and how companies like Amazon have responded when attacked by President Trump.
“Something has changed,” Soule said. “I would be kidding you if I told you there wasn’t a different vibe in the classroom. Ethics and values have taken on more significance. It has to do with all of the things going on in this administration, often things that challenge our understanding of ethics and leadership.”
Students discuss the recent NFL protests in Prof. Ed Soule’s class at Georgetown’s McDonough School of Business. Photo via Justin T. Gellerson for The New York Times.
Georgetown McDonough is also home to the Institute for the Study of Markets and Ethics (GISME), a center that examines the ethical issues inherent in the functioning of a market society. Students, faculty, and researchers who participate in the center explore ethical questions as they relate to business and bring ethical considerations to bear on policy decisions regarding the regulation of markets. These are especially salient issues for Georgetown McDonough given its Washington D.C. location.
“At the McDonough School of Business, we have developed a method of teaching business ethics that includes normative experiential learning, communicates in terms readily understood by business students, and involves actual ethical decision-making on the part of the students,” Michael Douma, assistant research professor and director of GISME, said in a news release. “We have found that our approach results in students being more invested in the course and more committed to resolving ethical issues that confront them in a business environment.”
Another example can be found at Carnegie Mellon’s Tepper School of Business. According to John Hooker, a professor of operations research and business ethics and social responsibility, ethics has been a part of the Tepper School curriculum since the 1990s. “Our program was apparently the first to introduce the topic (1966), as part of a course on business law,” Hooker told us. “The ethics presence has gradually increased over the years, but we ethics faculty often have to fight for it. My view is that a required ethics course should be part of the picture.”
And Leanne Meyer, co-director of the Accelerate Leadership Center at the school, told the New York Times, “There’s a turning point in what’s expected from business leaders. Up until now, business leaders were largely responsible for delivering products. Now, shareholders are looking to corporate leaders to make statements on what would traditionally have been social justice or moral issues.”
As for ethics and MBA students, Tepper’s core offering in Ethics and Leadership is one of the only second-year courses it requires its students to take. The course teaches students how to foster their ability to reason and how to handle the ethical implications of managing organizations and people.
“The basic lesson for MBA students is that business ethics is not optional,” explained Hooker. “It is the basis for the social infrastructure that makes business possible, much as engineering is the basis for physical infrastructure. It requires careful analysis and training, no less than engineering or finance. This is why we need a stand-alone ethics course. Business ethics training teaches us to do ethics with our brains rather than rely on gut feelings. Otherwise, we have no way to reach consensus on the ground rules.”
In the end, there are many options for MBA students interested in ethics, though ultimately it up to the students themselves to raise topics that are pressing to them. “Ethics courses often focus on the hot topics. This stimulates discussion and raises course ratings, but it generates more heat than light,” said Hooker. “I focus on issues that students themselves raise. I also emphasize cross-cultural ethics, because business is global, and norms vary enormously around in the world. U.S. students typically have little awareness of this.”
Whether through case studies, guest speakers, simulations, competitions, or another initiative, the leading MBA programs dive into business ethics and corporate responsibility using a range of approaches. To learn more about Professor Hooker’s approach to ethics, you can check out his blog: Ethical Decisions.
This article has been edited and republished from our sister site, Clear Admit
Getting Paid: Highest MBA Salaries in Chicago
Like most parts of the country, the U.S. heartland is undergoing a massive shift on all fronts, becoming more urbane, diverse, and open to outsiders than seemingly ever before.
Many communities are becoming increasingly diverse, attracting international residents at an unprecedented rate. Young, urban professional-types who once flocked to the coasts are now moving in droves to Midwestern cities, which were once dismissively filed under “fly-over territory.” Nowhere is this change more apparent than in the Windy City.
Chicago’s long been home to major players in media, education, finance, and food and beverage (shout-out to Giordano’s Deep Dish Pizza), but doing business in the city now also means something new. Like most major metropolitan areas, Chicago’s slowly dipping its toes into the tech game; the city’s home to Groupon, Grubhub, Orbitz, and Reverb.
So, take your pick, aspiring MBAs! When it comes to Chi-City, you’ll be a veritable kid in a candy store.
The 5 Highest Chicago MBA Salaries
Northwestern Kellogg School of Management
Northwestern Kellogg School of Management graduates earned average starting salaries between $106,000-$138,000, depending on their chosen industry. According to recent statistics, the four most popular industries to attract Kellogg MBAs were consulting (32.6 percent), where the starting salary hovers around $138,204 with a $29,375 signing bonus. MBAs in tech (22 percent) earned a starting salary of $119,713 with a $23,749 signing bonus. MBAs that specialize in consumer products (13.8 percent) earned an average starting salary of $106,052 with a $26,634 signing bonus. MBAs in financial services (12.8 percent) earned an average starting salary of $128,090 with a $32,100 signing bonus. Top employers of Kellogg graduates include: Adobe Systems, Amazon, Anheuser-Busch, Apple, Bain & Co, Bank of America Merrill Lynch, Boston Consulting Group, Cisco Systems, DaVita Healthcare Partners, Dell, Deloitte, Facebook, General Motors, Goldman Sachs, Google, JPMorgan Chase, Linkedin, Mars, McKinsey & Company, Microsoft, Nike, PepsiCo, among others
DePaul Kellstadt Graduate School of Business
Recent graduates from the DePaul Kellstadt Graduate School of Business posted record employment numbers for the school. According to an overview the school published, 92 percent of 2016 MBAs landed positions within 120 days of graduation. The average starting salaries for Kellstadt’s available MBA concentrations are as follows: Accountancy at $83,000; economics at $90,000; finance at $89,000; management at $83,000; marketing at $75,500; and real estate at $75,000. The most popular industries to attract Kellstadt graduates were accounting, financial services, manufacturing, health care, and consulting. Top employers include: Allstate, Bank of America Merrill Lynch, Boston Consulting Group, Deloitte, Deutsche Bank, GE Capital, General Mills, Google, Groupon, JPMorgan Chase, Microsoft, PwC, United Airlines, and Wilson Sporting Goods, among others.
Notre Dame’s Mendoza College of Business
According to statistics surveying the most recent MBA class, the average starting salary for Mendoza College of Business graduates is $105,000 with a $20,000 signing bonus. About 91 percent of MBAs received job offers within three months of graduation. The most popular industries to attract Mendoza MBAs are within tech (27.1 percent), financial services (18.8 percent), consumer products (14.6 percent), and consulting (11.5 percent). MBAs working in tech earned average starting salaries of around $110,000; financial services, $110,000; consumer products, $100,000; and consulting, $105,000. Top employers of Mendoza MBAs include: Deloitte, Procter & Gamble, PwC, Deutsche Bank, IBM, Discover, Allstate, IBM, Samsung, Amazon, American Airlines, ExxonMobil, Johnson & Johnson, AT&T, Kraft, Hershey, Heinz, Bank of America Merrill Lynch, Major League Soccer, United Airlines, General Mills, General Motors, Microsoft, GlaxoSmithKline, and Citibank, among others.
University of Chicago Booth School of Business
Chicago Booth School of Business graduates earned an average starting salary of $125,000, according to recent statistics. The top industries to attract Booth MBAs are financial services (36 percent), consulting (27.5 percent), and technology (16.7 percent). Booth MBAs working in financial services earn average starting salaries of $125,000 with a $40,000 signing bonus; consulting, $145,000 with a $25,000 signing bonus; technology, $125,000 with a $30,000 signing bonus. Top employers of Booth graduates include McKInsey & Company (7.1 percent), Boston Consulting Group (4.7 percent), Amazon (3.9 percent), Bain & Company (3.1 percent), Accenture (2.6 percent), Google (2.4 percent), Bank of America Merrill Lynch (2.2 percent), and PwC Strategy (2 percent).
University of Illinois at Chicago Gies College of Business
On average, Gies College of Business graduates can expect to start their careers in the $90,000 range with a $10,000 signing bonus. According to statistics supplied by the school, MBA grads have a 94 percent employment rate. The most popular industries are technology (20.3 percent), financial services (18.8 percent), consulting (15.6 percent), and consumer products (12.5 percent). Liautaud MBAs who took positions in tech started at $94,000; financial services, $87,857; consulting, $89,125; and consumer products, $95,800. Liautaud graduates work for a broad range of companies, but top employers include AT&T, Johnson & Johnson, Walt Disney, Amazon, Chrysler, Hewlett-Packard, Sears, Google, State Farm, City of Champaign, Bank of America, and Whirlpool Corporation.
