Top MBA Employers in Los Angeles
Los Angeles is an attractive city for young professionals for a number of reasons—and that’s not even to mention the weather or proximity to the beach. As the center of the nation’s entertainment, however, MBA graduates may be inclined to think the city is more a home to actors than business leaders. Nevertheless, Los Angeles is a thriving center of business for a wide variety of industries, from entertainment to healthcare to energy.
When one also considers the recent growth in employment in California—with almost 60,000 jobs added in just one month in 2016—Los Angeles is an appealing new home for an MBA graduate.
We’ve rounded up some of the top employers in Los Angeles for MBAs. Representing a wide variety of industries, these and a number of other top employers in the LA metro area make the city a perfect place for MBAs looking to get to work.
Walt Disney Studios
One of the most recognizable brands across the globe, the Walt Disney studios were founded 93 years ago and headquartered in Los Angeles County. Today, the Disney Corporation is one of the top employers of MBAs in the nation. In employees, Disney seeks many of the same values that are taught with an MBA degree—innovation and global thinking.
Disney offers several opportunities for MBA students looking to join the team, such as recruitment efforts at a number of schools in the country, summer internships and even a program which allows students to rotate recent grads through several different departments.
DirecTV
Headquartered in the Los Angeles metro area, DirecTV is a provider of direct broadcast satellite across the country. In 2014, AT&T purchased DirecTV, expanding its reach across the country in the pay-TV sector. AT&T currently employs more than 280,000 people in its locations and stores around the world.
There are a number of benefits in working for AT&T/DirecTV, which ranks fourth in DiversityInc’s Top Companies for Diversity. There are currently at least fifteen jobs available at DirecTV’s El Segundo location which require or prefer applicants to hold an MBA.
Amgen Inc.
Headquartered in Thousand Oaks in Southern California, Amgen is a multinational biopharmaceutical company and the world’s largest independent biotechnology firm. As of December of 2015, the company employed roughly 17,900 people with a net income of $8.47 billion.
Amgen is a top employer of MBAs in California and offers a number of MBA-specific opportunities through their internship program. Available for students who have completed the first year of their MBA program, Amgen offers internships in finance, global strategic sourcing, operations, sales & marketing and international sales.
Mattel, Inc.
Mattel is an American multinational toy manufacturing company and 403rd on the Fortune 500 list. Based in El Segundo, Mattel had a net income of $498.9 million as of 2014 and roughly 31,000 employees in 2015.
Mattel is consistently recognized as a top company for its employees, with a comprehensive benefits program and several career development opportunities in place to cultivate and retain talent. In addition to available jobs, Mattel offers an MBA specific internship for students in both full-time and part-time program. Several divisions within the company, such as marketing, finance, supply chain and human resources have available internships for MBAs.
AECOM
AECOM is an American multinational engineering firm offering services such as design, consulting and management to a wide variety of clients. Placing at 156 on the 2016 Fortune 500 list, AECOM currently employs roughly 95,000 people and is headquartered in Los Angeles, California.
AECOM is always looking for new and passionate employees, and focuses on recruiting both current students and recent graduates for internships and new careers. According to their website, AECOM is the place for you if “you are driven and love to work with creative, fun professional teams” and “you are looking for a career and career growth, not just a job.”
Top Employers D.C.
When you think about Washington, D.C., the first thing that probably comes to mind is politics, but the DC area offers so much more. The District of Columbia is officially home to 4.8 million people with a median household income of $93,200 and 48 percent of the population having attained a college education. The city is also home to all three branches of the U.S. federal government as well as 176 foreign embassies.
But working for the federal government isn’t your only option in the city. Yes, the federal government is the area’s largest employer, but the public school systems in D.C. hire the most number of people. And if neither of those sounds interesting, D.C. is also the headquarters of the World Bank, the International Monetary Fund (IMF) and the Pan American Health Organization (PAHO). Plus, there are many large employers in the region.
So, if you’re thinking about living and working in Washington D.C.—post earning your MBA from Georgetown University’s McDonough School of Business or George Washington University’s School of Business—where should you work? There are plenty of options. It all depends on what you’re looking for. We’ve outlined a list of the top employers DC has to offer based on size, reputation, benefits and more. Continue reading…
More Tech Hires at Kellogg, Per 2016 Employment Report
‘Tis the season for MBA employment reports, and one of the latest schools to share details about how its most recent class of graduates fared in their quest for jobs is Northwestern’s Kellogg School of Management. Released in its entirety last week, the report shows a surge of graduates heading off toward technology firms—22 percent of the class, up from 15 percent last year.
“I do think the tech story jumps out,” says Liza Kirkpatrick, director of career management for the full-time MBA program. “But we really are very proud of this year’s employment outcomes overall.” She went on to cite the fact that 96 percent of students received an offer within three months of graduation, up slightly from 95 percent the year before. The median base salary was $125,000, up $2,000 from the year before.
Consulting, long the destination for the majority of Kellogg grads, still drew one in every three—33 percent—though this represents an ever-so-slight dip from the 35 and 36 percent in each of the past four years. Financial services, which drew 19 percent of last year’s class and 20 percent two of the three years before that, dipped to just 13 percent this year, the most significant downward shift of any industry.
According to Kirkpatrick, the drop off in financial services could be nothing more than a reflection of the aspirations of this particular class. “We look at it as just an indication of the interest of the Class of 2016,” she says, noting that 14 percent of the class took finance internships during the summer between their first and second years, in line with the 13 percent who took full-time offers.
Not Surprisingly, Salaries Highest in Consulting, Financial Services
Though student interest in financial services is lower than it has been, it’s certainly not because of waning paydays. The highest starting salary of the class—$250,000—went to a graduate going into private equity. Median starting salaries for students headed into financial services were $125,000. Overall, consulting led the way in terms of pay, with a median starting salary of $145,000 for these graduates.
Technology trailed slightly, with a median starting salary of $120,000, although Kirkpatrick was quick to point out that salaries for those entering more technical roles at technology firms remain very high. “The more technical your skills are, the higher your base compensation will be,” she says. Stock options and other non-salary compensation also factor into the allure of tech jobs, she adds. “Stock options are very attractive, and we see tech companies using those to attract talent whether for technical or non-technical roles,” she says. Unlike some other schools, Kellogg does not include information about non-salary compensation as part of its employment report. Median signing bonuses were $25,000 for consulting and technology, bested by a median bonus of $32,500 for financial services.
Diversity of Jobs, Employers the Real Story
More than money, it’s the diversity of tech jobs that seems to be drawing Kellogg students, Kirkpatrick says. “There is such wide variety in the types of tech jobs our students take,” she says, noting that graduates went everywhere from very small companies like Narrative Science to medium-size companies like Uber to large firms like Google. They also went into a wide range of functions and an array of sub-sectors, from software to hardware, mobile to the “Internet of Things.”
Both in technology and beyond, the breadth of hiring companies is the real story in Kellogg’s most recent employment report, says Kirkpatrick. “What stands out for me most is the diversity and range of employers that come to Kellogg,” she says. “They are looking at our students—who have a balanced and dynamic skillset, excellent general management skills, the emotional intelligence to motivate teams and make an impact and a global perspective—and they are finding places for them in their organizations.”
There has also been an increase in data-related jobs, she adds. “There’s such a surge in data, and we are increasingly seeing employers look at the MBA skillset as a solution to that,” she says. “We continue to see a broad breadth of employers come to Kellogg, but we also see that how they are using the MBA in their organizations is evolving, too.”
In terms of absolute numbers, McKinsey snapped up more Kellogg grads than any other firm, hiring 43 members of the Class of 2016. Boston Consulting Group and Bain & Co. followed, hiring 25 and 24 respectively. In tech, Amazon led the way, luring 23 grads, followed by Google with 12 and Apple with 10. Notably, companies hiring three or more students accounted for just over half (290) of the jobs, with the other half split between scores of firms each taking just one or two grads, underscoring Kirkpatrick’s point about breadth.
Outside of these numbers were the roughly 15 percent of the class—95 students—who were company-sponsored and returning to their employers. As well, 13 students were focused exclusively on starting their own business, a slight uptick from 11 last year, but still representing just 2 percent of the overall class.
Career Services Adjusts to Changing Recruitment Landscape
As the nature of recruiting has become more diverse, so, too, have the services Kirkpatrick and her team offer. On the employer side, the Kellogg Career Management Center (CMC) has a team of business development leads working to create opportunities for students across industries, geographies and companies. On the student side, a team of one-on-one coaches works intensively to help students identify their target companies and understand what their recruitment journey will look like. If it does evolve to an off-campus process—as is the case for a growing percentage of the class—a personal coach is available to help them navigate it successfully. “What we offer is very customizable to what the student is looking for,” Kirkpatrick says.
“We are always looking at ways to improve our services to students,” she continues. “We do find that students coming in have an increased demand for one-on-one coaching. Students want to have a relationship with their coach, someone who understands their story and can help them achieve their goals. In Kellogg’s CMC we pride ourselves in knowing our students and how to help them on their job search journey.”
Though traditional on-campus recruiting has remained a very robust channel at Kellogg, Kirkpatrick says, the trend toward off-campus, just-in-time recruiting is something she and her team are paying close attention to. “As students’ interests expand, Kellogg’s Career Management Center services and support evolve to support every students unique job search.”
To view the 2016 Kellogg MBA Employment Report, click here.
This article has been republished with permissions via Clear Admit.
Structural Unemployment Is Coming, Says WorkingNation Founder
Speaking on Wharton’s SiriusXM radio show Knowledge@Wharton, University of Pennsylvania alum and board member, Chicago Booth MBA grad and founder of WorkingNation Arthur Bilger spoke on what may be the next great economic epidemic: structural unemployment.
A Deeper Look at the 2016 Michigan Ross Employment Report
The University of Michigan’s Ross School of Business earlier this month released its 2016 MBA Employment Report, and the results are nothing short of stellar.
Top Management/Consulting Jobs for MBAs in Washington DC
Students who have already gone through the process of applying for and earning their MBA seem ready to take on anything, and sometimes that can be a problem.
The immense skills gained from an MBA can leave students overwhelmed with decisions to make after graduation. Thankfully, MetroMBA has provided several helpful guides to help students and graduates to make these important career decisions once their degree is in hand.
