Corporate Recruiters report, 2015

Corporate Recruiters Survey Report, 2015

Presentation edited by Kelly Wale

Source: GMAC Website

Introduction

The report analyzes the current hiring outlook for graduate business students

Survey was conducted by GMAC and data retrieved from the GMAC website

Percentage of Companies That Had MBA or Other Graduate Business Interns in 2014

Business School Interns (MBA and/or Non-MBA)

MBA interns Business master (non-MBA) interns0

10

20

30

40

50

60

70

80

Group 1: All recruiters (N = 548)

Number of MBA Student Interns

None

5-Jan

10-Jun

15-Nov

16-20

21-30

31-40

41-50

51-100

101-250

250 or more

0 5 10 15 20 25 30 35 40


Reasons for Not Hiring Recent Business School Graduates in 2014

Candidates had unrealistic job expectations

Candidate qualifications did not match job requirements

Competition from other organizations

No job openings were available

Recruiting resources allocated to other types of candidates

0 5 10 15 20 25 30 35 40

23

22

3

37

28


Percentage of Companies Planning to Hire in 2015, by Candidate Type

MBA graduates

Master in Management graduates

Master of Accounting graduates

Master of Finance graduates

Other specialized business masters graduates

Nonbusiness master-level graduates

Graduates with a bachelor degree

Experienced direct-from-industry hires

0 10 20 30 40 50 60 70 80 90 100


Company 2015 Hiring Projections for MBA Candidates, Compared With 2014

Will hire more MBAs in 2015 Will hire same number as 2014 Will hire fewer than in 2014

59

33

8


Company 2015 Hiring Projections for Master in Management Candidates, Compared With 2014

Will hire more MiM graduates in 2015 Will hire same number as 2014 Will hire fewer MiM graduates than in 20140

10

20

30

40

50

60

70


Job Function Placement for New Hires in 2015, by Percentage of Respondents

Accounting

Consulting

Business development

Data analytics

Investment banking

Finance

General management

HR/Organizational management

Information technology/MIS

Marketing/Sales

Operations and logistics

0 10 20 30 40 50 60


Job Level Placement for New Hires in 2015, by Percentage of Respondents

32%

41%

20%

7%


Entry-levelMid-levelSenior-levelExecutive level

Company Plans for Hiring Business School Graduates who Require Legal Documentation

Yes, and we have plans to do so in 2015 Yes, but we do not have specific plans for 2015 No, we will not make such hires in 20150

5

10

15

20

25

30

35

40

45

50


Factors Preventing Companies from Hiring Business School Graduates Who Require Sponsorship

Too expensive

Legal paperwork

Limited visas at country level

Security issues (Security clearances, etc.)

Language barriers

Cultural differences

Additional time involved

Uncertainty about future status

0 5 10 15 20 25 30 35 40

36

33

30

8

18

7

16

27


World Regions in Which Companies Plan to Place Recent Graduate Business Hires

Africa

Australia and Pacific Islands

Canada

Central and South Asia

East and Southeast Asia

Eastern Europe

Mexico, Caribbean, Latin America

Middle East

United States

Western Europe

0 10 20 30 40 50 60 70 80


Projected Starting Annual (Median) Salary for New Hires in 2015, by Candidate Type

MBA

Master of Accounting

Master of Finance

Other business masters

Bachelor degree

Direct-from-industry

0 20000 40000 60000 80000 100000 120000


Employer Recruitment Strategies for 2015

In-person job fairs (university sponsored)

In-person job fairs (non-university sponsored)

Online/virtual job fairs

On-campus interviews

Information sessions/corporate presentations on campus

Official partnership with universities

Access university resume book

Work with student organizations/clubs/groups

Post openings on university job boards

Recruit from past and current interns

0 10 20 30 40 50 60 70


Employer Recruitment Strategies for 2015

Employ

ee ref

errals

Compa

ny web

site fo

r job p

osting

s

Profes

sional a

ssocia

tions

Online s

earch

engine

s

Job an

noun

cemen

ts in

print

Socia

l med

ia

Headhu

nter/re

cruitm

ent a

gencie

s

Network

ing ev

ents

72 75

31

40

13

4235

40


Work-Related Factors Employers Consider Most Important (Critical) in Candidate Selection

Years of work experience

Occupation in prior work experience

Industry of prior work experience

Company of prior work experience

History of increased job responsibility

History of leading teams

History of managing people in formal reporting role

Proven ability to perform

Professional certifications/licenses

Professional or employee recommendation

Internships

History of managing people in an informal role

Global experience (education or work outside of home country)

Previous leadership recognition/awards

0 10 20 30 40 50 60 70 80 90 100


Other Factors Employers Consider Most Important (Critical) in Candidate Selection

Strong academic success

Undergraduate/graduate degree specialization or concentration

Reputation of business school

Relevant language skills

Strong technical and/or quantitative skills

Strong writing skills

Strong oral communication skills

Verified certifications from MOOCs (free online training courses)

Positive social media presence

0 10 20 30 40 50 60 70 80 90 100


Employer Organizational Goals for 2015

Improve performance/ productivity

Improve customer service

Reduce costs

Overcome economic challenges

Complete or integrate a merger

Expand geographically

Diversify the workforce

Diversify products/ services offered

Launch new product(s)/ services

Expand customer base

Corporate branding initiative

Company goals are not well defined

0 10 20 30 40 50 60 70 80


Direction of Organization

16%

16%

68%


Overcoming challenges Maintaining current market position Expanding/growing

The End

MWISHO

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