Top MBA Recruiters: Target
Since its beginnings in Roseville, MN in 1962, Target has grown to be the quintessential American retail company, and also its second largest after Amazon. Its accessibility, affordability, and prevalence in every small town and big city make it a leading employer for both retail workers and those at the corporate levels. Here, we’ll take a look at its recruiting efforts for b-school students, and we’ll also offer a glimpse at some current open positions and salaries.
Continue reading…New MBA Jobs in Minneapolis-St. Paul
The Twin Cities are are home to seventeen Fortune 500 companies as well as a host of noteworthy brands. In addition to the business landscape, the Twin Cities offer many cultural, athletic, and outdoorsy opportunities for residents.
Continue reading…Top Hiring MBA Companies: Minneapolis
Minneapolis serves as an example of one of the most accessible modern American cities—thriving with culture and urbanity but still aware of its roots as the center of America’s heartland. It’s also home to 22 corporate headquarters, and has a winning combination of low housing costs and higher than average wages.
Continue reading…The Best MBA Internships: Midwest
The Midwest is a great place to live. Not only is it among the friendliest places in the U.S., but it’s home to some top-rated MBA programs including the University of Chicago’s Booth School of Business, Northwestern University’s Kellogg School of Management, the University of Michigan Ross School of Business, and Indiana University’s Kelly School of Business.
So, with all these great schools in the area, the question is, where should you look for your MBA internship in the Midwest?
Below, we’ve highlighted 14 of the best MBA internships spread out over the cities of Chicago, Milwaukee, Cleveland, St. Louis, and Minneapolis.
When it comes to the Midwest, Chicago is the foregone epicenter. And there’s no doubt that it’s a great city for internships with many top companies. Chicago is home to nearly 40 Fortune 500 companies while also being considered the financial and cultural hub of the area.
So, where should you look for an internship in Chicago? There are many options:
- McKinsey & Company: McKinsey is known for recruiting from a variety of Midwest schools, including Chicago Booth, Northwestern Kellogg, Indiana University Kelley, and Carnegie Mellon Tepper. In fact, last year McKinsey & Co hired 48 employees from Booth. This accounts for nearly 10 percent of the 2017 Booth MBA class.
- United Airlines: United Airlines is headquartered in Chicago, IL and has a wide variety of MBA internship opportunities available in the city. There are opportunities in marketing, financial planning and analysis, HR, legal, corporate and government affairs, and more.
- Google: For an internship with Google in the Midwest, then Chicago is where you need to be. The Google internship program has openings for students interested in business strategy, finance, hardware, people operations, product management, and more.
As the largest city in Wisconsin and the fifth largest city in the Midwest, Milwaukee is another great location for MBA internships. The city is known for manufacturing and service companies and is home to six Fortune 500 companies. In particular, the city is known for having a large number of financial service firms and health care opportunities.
In terms of internships in the city, you should keep your eye on these companies:
- U.S. Bank: An internship at U.S. Bank is a great choice if you’re looking for the opportunity to work for the fifth largest bank in the U.S. There are opportunities to intern in distributed database administration, fund services, product management, private capital management, lending services, and more.
- Northwestern Mutual: Headquartered in the city, Northwestern Mutual is home to many MBA-level internships. Students can intern in public investments, analytics, strategic sourcing, and more.
- SC Johnson: In Racine, WI, just outside of Milwaukee, MBA students can find an internship opportunity at SC Johnson. There are openings in marketing, finance, sales, research and development, manufacturing, and IT. It’s an ideal company for those interested in a career in manufacturing.
Cleveland, Ohio home to manufacturing, financial services, healthcare, and biomedical companies. Many top-rated companies call the city home including NACCO Industries, Sherwin-Williams, Applied Industrial Technologies, and KeyCorp. NASA also maintains a facility in Cleveland.
For internship opportunities in the area, look to:
- Eaton: The Eaton MBA internship program is ideal for global MBA students who are interested in the energy industry. Eaton is a $20.4 billion company with 95,000 employees around the world with MBA internships in supply chain management, human resources, and more.
- Nestle: Located in Solon, OH, just outside of Cleveland, Nestlé has an MBA internship program for students interested in marketing or brand management. Internships get the opportunity to work with the company’s global portfolio of more than 2,000 leading brands.
- KeyCorp: Headquartered in Cleveland, KeyCorp is one of the nation’s largest bank-based financial services companies with more than $134.5 billion in assets. Every year, they high MBA summer associates in investment banking
St. Louis is the cultural and economic epicenter of Missouri. As the 19th largest city in the U.S., it is considered a major economical center for service, manufacturing, trade, and tourism. The metro area is home to many major corporations including Anheuser-Busch, Boeing Defense, Energizer, Panera, Enterprise, Edward Jones, and Purina. In fact, nine Fortune 500 companies call the city home.
Top MBA internships in St. Louis include:
- Monsanto: The beleaguered Monsanto was recently acquired by Bayer to strengthen its agricultural division. The MBA internship is designed for individuals interested in digital strategy and innovation.
- Emerson: The U.S. MBA leadership program at Emerson is designed for students interested in marketing, operations, supply chain, strategy, HR, financial, or business development. Each year, the company interviews more than 400 MBA candidates to fill their roles.
- Ameren Corp: As a leader in energy, the Ameren MBA internship is ideal for candidates interested in providing new solutions to tomorrow’s energy needs. MBAs interested in environmental policy and sustainability are preferred.
Minneapolis is the larger of the Twin Cities and the 16th largest metro area in the U.S. Recognized as a global city, the economy is known for business, medicine, sports, manufacturing, and research. Five Fortune 500 companies call Minneapolis their home including Target, U.S. Bancorp, Xcel Energy, Ameriprise Financial, and Thrivent Financial.
The best MBA internships in the area include:
- Target: The Target Arrows Leadership Development Program is designed for MBA students interested in being a part of Target’s global supply chain and logistics. It’s ideal for individuals interested in operations.
- S. Bank: Headquartered in the city, U.S. Bank is home to a ten-week competitive internship for students interested in retail payment solutions, enterprise strategy, lending services, performance engineering, and more. Here’s an example of the ad for a product management intern.
What Exactly is the “Target Effect”? NYU Stern Prof Looks Deeper – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Why It’s So Hard To Buy “Just One Thing” At Target – Refinery29
Speaking with Refinery29 writer Cait Munro, New York University’s Stern School of Business marketing professor Tom Meyvis elaborated why consumers have such a strong impulse to buy more things than they intended when shopping at a big-box store.
“Stores have an idea about the path [shoppers take],” he says in an interview. “Walmart was once famous for doing things like putting like Band-Aids next to fishing hooks and things like that. Something you don’t naturally associate, but once you see them there, it makes sense. So when people come in for something in one category, you can cross-sell, you can sell them something that compliments in the next product category by making sure they’re right next to each other.”
What is the so-called “Target Effect” that makes people buy more products than they intend to?
“Meyvis also notes that stores like Target have extensive data on which products customers typically buy together, and they’ll often employ those numbers to decide what should go where within the store’s layout. Some are obvious, like placing flip flops next to sunscreen, while others are so subtle that you might not even notice what’s going on when you pick up hot sauce and Pepto Bismol in the same motion.”
You can read more of Munro’s piece with Refinery29 here.
A Masters in Governmental Accounting? Five Reasons It’s Time to Make the Investment – Rutgers Business School Blog
Offered completely online, the Rutgers Business School Master of Accountancy in Governmental Accounting program may be perfect for working professionals “in the field of public financial management or transition to the public sector from private industry.” The school outlines five the biggest reasons why you may need to consider it, too:
- Opportunities – Projections indicates that there will be governmental vacancies galore due to the fact that “nearly a third of the government workforce will qualify for retirement.”
- More than just numbers – The interdisciplinary degree combines “public policy, public administration, ethics, government accounting, and auditing.”
- Quality instruction – Instructors include former New Jersey State Auditor Rick Fair and Dean Michael Mead, senior research manager at the Governmental Accounting Standards Board.
- Valuable connections – Rutgers “works hard to build connections with local, state and federal employers who can provide job opportunities and advancement to students and graduates.”
- Uniquely accessible – The online program means “you can benefit from the quality of instruction and the Rutgers connections … no matter where you are.”
You can read more about the RBS program here.
5G mobile Communication in China: From Imitator to Innovator – Johnson Business Feed
Baohong Li, an Associate Professor at the School of Economics and Management at the Beijing University of Posts and Telecommunications, and visiting scholar at the Emerging Marketing Institute, recently wrote a piece for the Cornell Johnson Businessfeed, in which they discussed China’s incredibly rapid mobile technology advancement and the future of 5G connectivity.
Specifically, Li laid out five reasons why China has an vastly important role in the implementation of 5G, including:
- Institutional innovation and reform
- Strategic planning and policy innovation
- Imitating innovation and gaining advantage
- Encouraging patent and international standardization
- Creating co-opetition innovation ecosystem
Click here for a more in-depth review of Li’s work.
NRA Boycotts, Food Deserts, and More – Chicago News
Let’s explore some of the most interesting stories that have emerged from Chicago business schools this week.
How the NRA Boycotts Force Companies to Walk a Precarious Tightrope – Kellogg Insights
In light of the recent Parkland and Great Mills school shootings, which attracted an estimated 200,000 protestors to the March For Our Lives rally in Washington DC late last month, Northwestern University Kellogg School of Management professors Brayden King and Tim Calkins discussed what companies susceptible to boycotts can do to build “strong, profitable brands.” Calkins explains the stakes of the game right now:
“The world of transparency we’re in combined with the world of social media means brands have to be very careful about what they’re doing, really scrutinize things in a way they never used to. All of a sudden, they’ve got a problem because of something they never even knew they were doing.”
“That certainly was the case with the NRA boycotts. I think if you were to ask a lot of these executives at these companies, “Do you offer special deals to the NRA?” most of them would have said, “No, we don’t have a partnership with the NRA.” It’s incredibly difficult right now to figure out how to respond. You have to move so quickly, but if you’re not careful, you’ll just make the problem bigger with a tone-deaf response.”
You can read the duo’s entire discussion here.
Nutrition Gap Between Rich and Poor is Growing, but Don’t Blame Food Deserts, Researchers Say – Chicago Booth Blog
Research from Chicago Booth professor of marketing Jean-Pierre Dubé, along with NYU’s Hung Allcott and Stanford’s Rebecca Diamond that reveals the minimal impact that food deserts have on eating habits. Dubé explains:
“One of the conclusions in our study is that opening a supermarket in a food desert has very little impact on the nutritional composition of households’ shopping baskets. People in food deserts shop in supermarkets almost as frequently as people living in higher income neighborhoods. They just travel longer distances to stores.”
The study found several variances of why these events were occurring, including vast educational differences and the willingness for upper-class consumers to pay more for vegetables and other produce.
“Food knowledge and education seem to explain a big chunk of the preferences for what people buy when they shop for groceries,” said Dubé. “If you are educated about the long-term benefits of nutrition, it could affect your shopping behavior.”
Learn more about the trio’s research here.
UIC Business Tackles “Back to College” with Target – UIC Business Blog
UIC Liautaud announced the results of its 2018 Management Leadership Association and Target Case Competition, an annual partnership between Target and the UIC Business Career Center, which invites “students to develop and present solutions to a unique challenge facing the company.”
Team Bersaglio’s “Target Move-In” proposal took first place, which attempted to eliminate the hassle for college students to “store items over the summer in preparation for college.”
The plan offered that students living on campus would “receive free shipments via specialized Target college gift registry” and could retrieve “purchases from a designated “Target Zone” on campus and receive customer service support and delivery assistance carrying packages to the dorms on move-in days.”
Read more about the competition here.
