Top MBA Recruiters: Kaiser Permanente
Finding a job post-MBA is at once exciting and challenging. There are thousands of new opportunities before you that you’ll have to choose between, and that can leave you feeling overwhelmed. What happens if you choose Career A over Career B? Which employer will offer an MBA graduate the best perks and potential? What industry offers the most job satisfaction?
While there’s no single right answer, there are a few employers that stand out for MBAs. These are companies that actively recruit MBAs and have programs in place to enhance the first job experience. One such top MBA recruiter is Kaiser Permanente.
About Kaiser Permanente
Kaiser Permanente is a consortium of for-profit and not-for-profit healthcare entities based in Oakland, California. Founded in 1945, the company is made up of three distinct interdependent groups: Kaiser Foundation Health Plan, Inc. (KFHP), Kaiser Foundation Hospitals, and Permanente Medical Groups. Currently, Kaiser operates in eight states and one district (Hawaii, Washington, Oregon, California, Colorado, Maryland, Virginia, Georgia, and Washington DC) and is the largest managed healthcare organization in the U.S.
- 11.7 million health plan members
- 208,975 employees
- 21,275 physicians and 54,072 nurses
- 39 medical centers
- 720 medical facilities
- $72.7 billion in revenue
- $3.8 billion in net income
What Is Kaiser Permanente Like for MBAs?
As the largest healthcare organization in the states, Kaiser Permanente has many unique opportunities available for MBA graduates. Not only does the company host internships each summer, but they also offer multiple early career opportunities lasting anywhere from six months to two years in a variety of areas from finance to marketing, sales, and administration.
The great part about choosing Kaiser Permanente as an MBA is that it means you don’t have to choose between a health insurance company and a hospital. Kaiser rolls together health plans, hospitals, and medical groups all in one, allowing MBAs to test their skills in a variety of settings. And hire they do, each year Kaiser hires hundreds of MBAs to fill positions throughout their organization.
As for working at Kaiser, 83 percent of employees say it’s a great place to work offering great challenges (86 percent), great atmosphere (89 percent), and great rewards (88 percent). Some of those rewards include unique benefits and perks such as KP WELL (KP Women Embracing Life and Leadership), which is a program to help women learn, connect, and develop their experience. Kaiser is also known for having a healthy workforce with multiple programs and tools for keeping their employees healthy in mind, body, and spirit.
It’s no wonder that Kaiser ranks 16th overall on the Great Places to Work list of the ‘Best Workplaces in Health Care and Biopharma in 2018,’ and ranked 43rd on the Great Places to Work list of the ‘Best Workplaces for Diversity in 2017.’
Among other benefits of working for Kaiser is a healthy salary. According to PayScale, MBAs can expect to earn around $108,000. However, salary varies based on experience and job with Executive MBAs earning $149,000, and MBAs with focuses in business administration earn $112,000.
Several of the most prominent business schools to offer a healthcare-focused MBA include:
- The Wharton School – Health Care Management MBA
- Columbia Business School – Health and Pharmaceutical Management MBA
- UCLA Anderson – Health Care Management MBA
The Kaiser Permanente Careers Search
MBAs should first consider a summer internship during on the Kaiser Permanente careers search. These internship programs are in a variety of locations, including California, Washington, and Oregon. In particular, MBAs should consider the Business Functions Internship, or Northwest Internship programs.
Both internships last 10 to 12 weeks (typically June through August) with recruiting from January to April. As interns, MBAs work on real-world projects and initiatives, like developing and analyzing financial data, supporting technology initiatives, and conducting market research. Areas of interest for the corporate internships include:
- Finance
- National facilities services
- Human resources
- Internal audit services
- Marketing
- Sales
- Service and administration
Join Kaiser Permanente’s University Talent Network to learn more.
After completing an internship, MBAs can join Kaiser in one of its many early-career opportunities programs. There are multiple programs available including:
- Marketing & Sales Program: One year working on marketing and sales strategy while also undergoing professional development through job shadowing, exposure to leadership, and educational experiences.
- Finance Fellowship Program: This two-year fellowship consists of three rotation assignments and is designed for new graduate candidates interested in a finance career.
- California Administrative Fellowship Program: This 12-or-24-month fellowship consists of two or three rotations at medical centers around Northern or Southern California.
What Does Kaiser Look for in MBA Candidates?
When hiring MBAs for a full-time position or internship opportunity, Kaiser looks for individuals with technical, business, and leadership skills. In particular, candidates with strong leadership, agility, quantitative, and communication skills are highly sought after. For consideration, you need a strong interest in the healthcare industry.
To get started, search for Kaiser Permanente careers here.
What are the Most Successful MBA Startups of 2018?
Earlier this month, LinkedIn released its 2018 list for the Top Startups in the U.S. The list includes 50 of the newest successful startups in the U.S. Most specifically, the list analyzes young companies that are experiencing exceptional employee growth, increasing interest, member engagement, and talent. The social media platform used its network of 575 million members to see which startups commanded the most attention and had the most top talent. To be eligible, startups need to be less than seven years old, have at least 50 employees, and be privately held and headquartered in the U.S.
We decided to take a look at the list and see which of these year’s startups were founded by an MBA. This list is by no means exhaustive, but quickly we were able to find founders and CEOs with MBAs from top universities such as USC Marshall, Wharton, Harvard Business School, and Columbia Business School. 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…
New MBA Jobs: BCG, Capital One, Accenture and More
There’s always new and exciting job opportunities out there for MBAs. Whether your a seasoned business professional who sought an MBA to reach a high level position, or a new MBA grad looking for an entry level consulting job, here’s this week’s top new MBA jobs.
Berkeley Welcomes Record Number of MBAs in for Class of 2020
Last week, UC Berkeley’s Haas School of Business unveiled stats for the incoming students that comprise its full-time MBA Class of 2020.
With 291 full-time MBA students (along with 276 evening and weekend students), the Berkeley Class of 2020 is larger than any before.
The new class one of the most academically accomplished in school history. Average GPA for this year’s first-year class is 3.66, off just .05 from last year’s. But an increase in average GMAT offset the tiny backslide in GPA. At 726, it moved up one point higher than last year’s incoming class.
In terms of professional experience, Haas students come from various backgrounds. About a quarter of the students come from the consulting industry, and another 20 percent come from banking/financial services backgrounds. The industries drawing the third-, fourth-, and fifth-most Haas grads are high tech (10 percent), nonprofit (9 percent), and healthcare/pharmaceutical/bio (7 percent). In addition, 5 percent of the incoming class has military experience.
The percentage of women in Haas’s incoming class is also up over the previous year, something we’ve also seen this year at Northwestern’s Kellogg School, Duke’s Fuqua School, and USC Marshall, among others.
About 43 percent of the incoming Berkeley Class of full-time MBAs are women—a 3 percent increase. International students from 30 countries make up around 34 percent of the class, down from 39 percent last year. Here, too, Haas is not alone. Many U.S. schools have shared, in both in published class profiles and informal conversations, that international application volume was down, or at best, flat year over year.
Former Haas Dean Richard Lyons stepped down in June after 11 years with the school, a role in which he raised more money than any prior dean and oversaw the construction of Connie & Kevin Chou Hall. The addition of the new building helped make it possible to expand the Haas class, an effort Lyons championed. He and other supporters viewed it as a way to help ensure that Haas has enough graduates to command attention from the world’s top recruiters without compromising the intimacy and culture.
“Part of the reputation of the school is a function of its scale, and there are times where you are just not at the right reputational scale. You’re too small,” he explained in a 2017 interview with Clear Admit.
“It’s a super intimate experience—there’s no question about that—but target companies want to go to a place where there are enough people graduating that they can send a team of recruiters, for example. If you are too small you are below the threshold.”
Ann Harrison, a renowned economist and member of the faculty at the University of Pennsylvania’s Wharton School, will serve as Haas’s next dean. Harrison begins her term on January 1, 2019. Professor Laura Tyson, the current interim dean since Lyons left, returns to her prior faculty positions next year.
This article has been edited and republished with permissions from Clear Admit.
Wharton Welcomes its MBA Class of 2020
With students in the Wharton MBA Class of 2020 settling on campus, Deputy Vice Dean Maryellen Reilly took to the school’s MBA Admissions Blog to welcome the new class.
The Wharton MBA Class of 2020
Although application volume is down, the average GMAT score rose to the school’s previous record high of 732. This score matched the Wharton MBA Class of 2017.
“This class is an impressive collection of leaders from all walks of life, backgrounds, nationalities, industry experiences, and ambitions,” Reilly writes. “These newest members of the Wharton community bring with them a wide-range of perspectives to enrich their shared experiences both in and outside of the classroom.”
Application volume fell by 6.7 percent, dropping from 6,692 to 6,245. But here Wharton is in good company.
It is difficult to find a leading U.S. school reporting that applications were increasing measurably year over year. The vast majority are sharing that numbers are decreasing, or at best remaining steady.
Perhaps one of the biggest shifts between last year’s class and this year’s is the uptick in humanities undergrads, increasing to 45 percent from 41 percent. Students with STEM backgrounds make up another 29 percent of the class, trailing those in business, at 26 percent.
Around 33 percent of the incoming class is international, increasing from 32 percent last year. Although students this year hail from 80 different countries, compared to just 65 one year ago. U.S. students of color make up another third of this year’s class, not changing from last year.
There are 862 students in the Class of 2020, one shy of the previous class. The percentage of female students slipped one point, to 43 percent.
In terms of prior work experience, former consultants outnumber all others by a considerable margin, making up 27 percent of the class, up from 26 percent last year. The next-largest group, at 13 percent, comes from private equity/venture capital, with 10 percent of tech students following closely.
For the whole view of the Class of 2020, check out the Wharton profile here. As well, get familiar with the school’s MBA programs here.
