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AGENDA Placement Stats @ Krannert GMAC survey results ( both recruiters & students ) Job search process Managing the visa challenge Final thoughts
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MSF STATS @ Krannert last 4 years 2011201220132014 Placement**57%38%41%??? Placement***16%18% US Citizen 38%100% Foreign Nat’l 11% 13% ** 6 months after graduation *** at time of graduation
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GRADUATE MANAGEMENT ADMISSIONS COUNCIL (GMAC - Survey) 565 employers globally participated 3049 graduate students participated
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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
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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
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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” !!!!
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SOFT SKILL DEVELOPMENT Get out of your “COMFORT ZONE” Actively participate in student clubs other than your concentration Interact with students other than MSFs @ 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
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VARIOUS ROLES Investment banking Investment management ( wealth or asset mgr. ) Consulting Corporate Finance (Treasury, M&A) (Analyst) Comercial Banking ( Credit )
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TOP THREE METHODS BY DEGREE MBA Career Services Internships School Job Boards MSF Internships Search Firms Networking
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“6Ps” Pre-search Planning Professionalism Personal Presentation Positive Attitude Passion Practice
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MANAGING THE VISA PROCESS
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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
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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 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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