AGENDA Placement Krannert GMAC survey results ( both recruiters & students ) Job search process Managing the visa challenge Final thoughts.

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Presentation transcript:

AGENDA Placement Krannert GMAC survey results ( both recruiters & students ) Job search process Managing the visa challenge Final thoughts

MSF Krannert last 4 years Placement**57%38%41%??? Placement***16%18% US Citizen 38%100% Foreign Nat’l 11% 13% ** 6 months after graduation *** at time of graduation

GRADUATE MANAGEMENT ADMISSIONS COUNCIL (GMAC - Survey)  565 employers globally participated  3049 graduate students participated

WHY DO COMPANIES HIRE MASTERS STUDENTS ? Ability to think outside the box Have leadership potential needed and comfortable working in teams Provide a strategic focus, acumen, and proven ability to perform Short learning curve and ambition Overall awareness about market/industry Hunger to apply what they’ve learned and achieve more

HIRING TRENDS 80% of Companies plan to hire MBAs vs 73% last year 44% of Companies plan to hire MSFs vs 39% last year US companies foresee slight growth in both MBA and MSF hires European companies will be relatively flat for these programs Asian-Pacific companies forecast the greatest hiring growth (45%vs37%), with a focus on specialized programs Employers seeking graduates who are highly proficient in communication skills

MSF JOB SEARCH PROCESS START NOW !!!! DEVELOP SOFT SKILLS !!!! MAKE PART OF YOUR CURRICULUM !!!! MAKE IT A GLOBAL SEARCH !!!! BE OPEN TO VARIOUS ROLES !!!! METHODS !!!! “6 PS” !!!!

SOFT SKILL DEVELOPMENT Get out of your “COMFORT ZONE” Actively participate in student clubs other than your concentration Interact with students other than Wednesday’s social hour Participate in case competitions if possible Attend alumni events and meet/engage them Attend speaker series events Attend city treks when you can Interact socially after classes when other Masters students

VARIOUS ROLES Investment banking Investment management ( wealth or asset mgr. ) Consulting Corporate Finance (Treasury, M&A) (Analyst) Comercial Banking ( Credit )

TOP THREE METHODS BY DEGREE MBA  Career Services  Internships  School Job Boards MSF  Internships  Search Firms  Networking

“6Ps” Pre-search Planning Professionalism Personal Presentation Positive Attitude Passion Practice

MANAGING THE VISA PROCESS

Take “Personal Responsibility” to understand Contact Purdue’s ISS department to review your personal situation before beginning job search Do not take advice from friends or personal chatrooms

FINAL THOUGHTS Start Early and keep it going !!! Communicate effectively !!! Utilize your KPDC coach/faculty/friends/alumni for advice !!! Understand the Visa process !!! Globalize your search and include contingencies from the start !!! Stay with it … this can be a long process !!! Maintain a Positive attitude !!! Start Early and keep it going !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!