The Top 5 German Companies Hiring MBA Grads
Germany is an appealing place to live and work—standards of living are high for residents as international cities like Berlin and Munich are just a short train ride away from forests, hiking trails, and lakes. U.S. News and World Report ranks Germany fourth overall in its ‘Best Countries’ category, which makes German careers potentially very appealing.
Continue reading…Silicon Valley Visits and More Out West Strengthen Dartmouth Tuck MBA Ties to Tech
Dartmouth Tuck might be tucked away on the East Coast, but that hasn’t stopped graduates from taking the West Coast by storm. In October, 40 students ventured West to network with tech and venture capital companies.
Continue reading…New Finance Analyst Jobs for MBAs Headline This Week’s Biggest Openings
MBAs have the potential to take any number of professional routes once they complete their degrees—that’s part of the beauty of the degree. The vast majority end up in the world of finance. It’s a challenging and infinitely mutable field that functions as a proving ground for all newly minted graduates. This week’s post highlights four jobs that allow people to get into the field and put the skills they have learned to use.
The Top U.S. Entry Level Jobs and Internships of 2019
While work life balance, benefits, growth potential, and job security all factors to consider in your job search, the fact is that base compensation is more than likely the high priority. Getting an MBA is a sure way to increase earning potential, but where should you begin to look for the best internships and entry level jobs in such a vast and competitive playing field?
Glassdoor recently published its report on the highest paying internships and entry level jobs of 2019. We’ve broken down the report to help our readers discover just which of these positions and companies can offer them the best places to put their MBA talent to work.
Top 5 Entry Level Jobs for MBAs
One of the many pieces of good news from Glassdoor’s report is that as the number of tech jobs continue to increase, so does the need for business minded workers. This, along with the fact that finance and consulting positions follow right behind tech on the highest paid jobs list, should make b-school students optimistic for their prospects.
Product Manager
Product Management is a key role for any organization in the business of turning ideas into profit. According to blogger Dan Driscoll, who wrote a definitive article on the role, PMs are “closet-creative types with an ambitious acumen for business fundamentals and priorities, as well as masters of persuasion and consensus-building.”
Strong analytics skills along with a creative approach to problem solving are key for these positions. Engagement in design, development, support and marketing are all features of this role, which has a median base salary of $89,000 to start.
Investment Banking Analyst
Financial modeling, business valuation methods and strong presentation skills are just a few of the factors that comprise the Investment Banking Analyst role. The nuts and bolts of finance firms are the responsibility of the investment banking analyst, as they track live transactions along with M&A and private equity transactions.
At a starting median base salary of $85,000, this job is a great foundation on which to build a career.
Implementation Consultant
Implementation, according to coaching and recruiting site Firm Consulting, is one of the three main branches of consulting as a whole. Implementation teams take recommendations from Strategy and Operations consulting teams and turn them into realities. For instance, a company may be deciding to create a new division. Strategy and Operations consultants determine how best to profit from this, and implementation consultants make it happen.
ICs brand, execute and set up the division in this scenario, including relocation if necessary, along with on-boarding procedures. The starting base pay for ICs is $72,000.
Actuarial Analyst
Actuarial Analysts, who make a starting median salary of $66,250, are the workhorses of the insurance industry. Using statistical models, they analyze the probability and cost of various events (injury, accidents, and product failure, for example), and use this data to determine insurance policy pricing. Certification by either the Society of Actuaries (SOA) or the Casualty Actuarial Society (CAS) is required for these positions.
Actuaries must pass seven exams for the CAS and five in the SOA. This generally happens within a four-to-six year period, but students can begin the test while still enrolled in school. After passing the first and second exams, a student can start their first job. The ‘fellowship’ level of certification takes place over an additional two-to-four years.
According to the U.S. Bureau of Labor Statistics, the role of Actuarial Analyst has a 22 percent growth rate projected up to the year 2026.
Business Analyst
Business Analysts are key team players who make certain that companies’ current systems are as efficient as possible, and who develop strategic plans for growth. As agents of change, Business Analysts identify growth opportunities and reduce costs during these changes. Business Analysts work closely with IT departments to ensure that the best technologies are in place, and they also serve as a link between different departments of a company to ensure consistency.
Therefore, communication, diplomacy and a strong understanding of each business function are vital to success in this role. The four major components of development, modeling, process design (workflow creation), and systems analysis are the basic elements of the Business Analyst role.
To start, Business Analysts make a median salary of $63,000.
Top 5 Highest Paying Internships
Facebook leads the pack in paying its interns $8,000 per month, followed by: Amazon at $7,725; Salesforce at $7,667; Google, which pays $7,500, and Microsoft, offering interns $7,250 monthly.
Each of these companies have highly competitive university recruitment programs. For details, see Facebook Careers, Student Programs at Amazon, Salesforce University Recruiting, Google Student Internships and Microsoft University Internships.
Those graduating now or in the near future from MBA programs have a solid advantage in today’s market; job growth is high in the U.S. and unemployment is low. While these high paying jobs and internships are clearly appealing for a reason, keep in mind that more intangible factors like company culture and proven trust in management are the things that will sustain you regardless of salary.
These Tech Companies Are Looking Out for More MBA Talent
LinkedIn may be one of the go-to places to grow a professional network and find job listings, but it’s also an MBA recruiter. Check out this list of exciting new MBA jobs at LinkedIn, as well as a handful of other tech companies, and see how well your resume lines up with these job descriptions. Continue reading…
A Breakdown of LinkedIn’s Top U.S. Companies for 2019
If you’re in the midst of your MBA studies, there’s a good chance that you’ve already started a career that you love, or that you’re seeking a transition into a new industry. Perhaps you’re still in the exploratory stage with regard to future jobs and other post graduate options. Either way, it’s helpful to set your sights high as you make your next move.
LinkedIn recently published its list of 2019’s Top Companies based upon user data. Authors asked which companies were attracting the most attention from job seekers, and which ones retained the most satisfied employees after hiring in order to compile the list. To make it useful to our readers, we’ve broken down the list into the top five in three categories: tech, finance, and entertainment.
Technology Companies
Alphabet, the parent company of Google, YouTube, and Nest, among others, tops the list of the most desirable firms on LinkedIn’s list. With 98,800 employees worldwide, Alphabet is headquartered in Mountain View, CA, and has offices in New York City and Seattle. According to LinkedIn’s data, Project and Program Management, and IT positions have the highest number of new hires. With Google’s current investment of $13 billion for expansion in the U.S, it is a great time for MBAs to explore possibilities at Alphabet.
Current open positions include a Project Managment Summer Internship in Mountainview with Loon, an Alphabet subsidiary; and a Summer internship at Google’s Reston, VA office with one of several teams including finance, strategy, product management, and operations.
Facebook, the parent of What’s App, Oculus VR, and of course, Instagram, was ranked second overall on the LinkedIn ranking. Like Alphabet, Facebook employs the most new hires in its project/program management and IT departments. Facebook has 36,000 global employees and is headquartered in Menlo Park, CA, and its top hiring locations are Seattle, New York City, and San Francisco.
Facebook is now hiring a Consumer Marketing Manager for Messenger, a Marketing Manager for Data & Privacy, a Finance and Business Operations Manager within its Global Marketing Solutions department, among other positions.
San Francisco based cloud software company Salesforce, with 22,000 employees across the U.S., is another of the top companies for tech-related careers according to LinkedIn. With a large number of new hires in engineering, business development, and sales positions, Salesforce is a wise target for MBAs. Current open positions include a Platform Engineering Product Manager in both the Dallas, TX and Indianapolis, IN offices; and an Analytics Lead for Strategy & Growth in the San Francisco office. All three of these positions encourage recent MBA grads to apply.
With available positions for Senior Managers in New York City, Annapolis, MD and Durham, NC, along with Finance and Business Strategy positions in Culver City and the Cupertino headquarters, Apple is another top destination for job seekers on LinkedIn. New hires most often land in IT, Engineering and Sales Positions. Its ever expanding campuses are set to hire 20,000 people by 2025, and a brand new, $1billion campus is planned for Austin, TX.
Oracle, ranked ninth overall on the LinkedIn list, employs 137,000 global employees, and also hires many of its new employees in IT, sales, and engineering. With a reputation for hiring a large number of new grads, Oracle takes great pride in a culture of camaraderie. In a recent LinkedIn article on the topic, Kim Levin, Oracle’s senior organization and talent development consultant, says, “We understand how important it is to have that first, successful onboarding.” Its robust recruitment program hires from a number of large universities like Ohio State and Penn State, along with private colleges and universities.
Recruits are sent to one of Oracle’s hubs in Austin, TX; Reston, VA; Burlington, MA, or Santa Monica, CA, where they can connect with fellow recruits and become acclimated to their jobs. The company is currently hiring an Innovation Program Strategist in Philadelphia, as as well as for a Financial Analyst position in Reston, VA, and Cloud Sales positions in Chicago and Atlanta.
Entertainment Companies
Amazon, third on LinkedIn’s list, employs 250,000 people in the U.S. alone. As parent company to Whole Foods, Zappos, and Audible, along with its thriving media and entertainment brand, Amazon has a multitude of job opportunities for MBAs. Operations, Engineering and Sales are among the top departments for new hires, and the company is also seeking to fill positions for a Senior Product Manager for Technical Products, as well as Program and Project Manager positions in Seattle.
The 11th ranked Netflix, with 5,700 employees in the U.S., continues to expand its workforce in an effort to remain competitive amidst the growing crowd of streaming content providers. According to a recent Quartz article, Netflix wants to be perceived “less as a subscription-driven technology business and more like a movie studio or TV network’, which is good news for MBAs seeking an entertainment focused career. Netflix is currently hiring in content marketing management, product management, and finance, ad well as in multiple other roles at their Los Angeles offices.
Although it was originally founded outside the U.S., music streaming giant Spotify ranked 14th overall on the annual LinkedIn list, with offices in Los Angeles, San Francisco, Boston and New York. Spotify is hiring Business Development Analysts, Project Managers, and Production Managers and various other positions nationwide.
Comcast NBCUniversal continues to rule the media landscape in the U.S. with 184,000 employees. The company’s top hiring cities are New York, Los Angeles, and Philadelphia, where its new Technology Center recently became one of the city’s largest employers. Comcast is currently seeking a VP for eCommerce and a Financial Operations Auditor in Philadelphia, along with MBA Summer interns in its Santa Monica, CA location.
Disney, the parent company to ESPN, Pixar, and ABC, has over 200,000 employees globally. It hires the most new employees in operations, media & communications, and business development. The company supports education for its staff at all levels—it will cover the price of school for both full and part-time employees. Disney’s top hiring U.S. locations are Orlando, Los Angeles, and New York. Current available positions are a Digital Pricing Manager in New York, a Senior Financial Analyst in Orlando, and a Finance Manager in LA.
Finance Companies
One of Deloitte‘s most appealing facets is its encouragement of entrepreneurship—Startup Deloitte challenges employees to pitch ideas for startups to be funded by the company. With a workforce in the U.S. of close to 85,000, Deloitte brings in the most new hires in consulting, business development, and accounting roles, and its locations in Washington DC, New York City and Chicago are the most desirable according to LinkedIn.dds Margot Thom, Deloitte Global’s Chief Talent Officer, says, “As an organization, Deloitte is dedicated to creating an experience that allows its people to thrive and grow.”
Deloitte is currently hiring for numerous positions, including Accounting and Reporting Manager in Philadelphia, Strategy and Operations Associates in New York and Chicago.
If you’re hoping to work with Bank of America, ranked 18th overall, it’s good to know that they currently acquire the most new talent in finance, sales, and support roles. New York, Dallas-Fort Worth, TX and Charlotte, NC are its leading locations. Globally, Bank of America employs 200,000 people.
Available job openings include an Executive for InterAffiliate Services and a Product Services Consultant in Charlotte, along with a Senior Relationship Manager position in Boston.
Goldman Sachs, 21st overall, hires the most new people in IT, business development, and finance, and has a worldwide headcount of 36,600. It has recently implemented higher standards for diversity, pledging to grow its numbers of female and non-white employees. Dallas-Fort Worth, Salt Lake City, and New York City are its most-searched locations, according to LinkedIn. Goldman Sachs is hiring in New York City for Associates and Analysts, and also for Operations and Associate positions in Dallas-Fort Worth.
Citi, 22nd overall, has a high numbers of new hires in business development, finance, and leading offices in New York, Dallas, and Tampa, where they are all currently hiring for analyst positions. Citi employees 66,000 people in the U.S., and each of these offices is currently hiring analysts, among other positions.