MBA CAREER MANAGEMENT Michelle Antonio Director, MBA Career Management April 19, 2008

MBA CAREER MANAGEMENTMBA CAREER MANAGEMENT

Michelle AntonioMichelle AntonioDirector, MBA Career ManagementDirector, MBA Career Management

April 19, 2008April 19, 2008

MBACM OrientationMBACM Orientation

1. MBACM overview1. MBACM overview

2. Staff Perspectives2. Staff Perspectives• Sara Simons – Investment Management/Hedge Funds/ – Investment Management/Hedge Funds/

International/Programming & Student AdvisingInternational/Programming & Student Advising• Anthony Penna – RRM Role/OutreachAnthony Penna – RRM Role/Outreach• Chris Higgins – Technology/Automotive/Manufacturing/Energy/Chris Higgins – Technology/Automotive/Manufacturing/Energy/

Website & TreksWebsite & Treks

3. Questions3. Questions

MBACM MISSION AND EXECUTION MBACM MISSION AND EXECUTION

Developing their lifelong career management skills

Cultivating employerrelationships

Providing access to thehighest caliber resources and job opportunities

Employer outreachTop rated recruitingservices and facilities

Comprehensive website & recruiting systems

Student advisingSkill-based programs and workshops

Collaboration with student clubs & organizations

Alignmentwith other schooldepartments(admissions, external affairs, faculty, etc.)

-MISSION - Empower MBA students to

achieve their short and long term career goals by:-

Consulting | Entreprenuership

Biotech | Pharmaceuticals | Healthcare

Investment Banking

Diversified Financial Services

Investment Management | Hedge Funds

Public Interest | Non-Profit | Gov’t | International Development

Energy | Automotive | Manufacturing | General Management

Technology | Telecom

Consumer Goods | Retail

Media & Entertainment

Real Estate | Travel & Hospitality

Private Equity | Venture Capital

Rebecca Hollander

Chris Higgins

Maryellen Reilly Lamb

Elissa Harris

Ivan Kerbel

CAREER

ADVISORS

Sara Simons

Jennifer Savoie

Ursula Maul

Cara Costello

Michelle Hopping

Anthony Penna

Virginia Jennings

Shannon Connelly

Kristi Schlegel-Miller

RECRUITING

RELATIONSHIP

MANAGERS

THE MBACM TEAM THE MBACM TEAM THE MBACM TEAM THE MBACM TEAM

INDUSTRY

Sources of Job Offers at WhartonSources of Job Offers at Wharton

Off-campus

recruiting

62%

On-campus

recruiting

WG'08 Internships WG'07 Full Time

• While on-campus recruiting remains the dominant source of offers, placement from off campus opportunities is nearly 40%.

• Sources of off-campus recruiting include: MBA Job Board, previous employer, Wharton alumni contacts, career fairs, TREK networking, Alma Mater, MBACM contact, family business, Wharton Research Center contact, not specified.

38%62%62%

38%38%

Full Time Positions for Accepted Offers (WG'07)Full Time Positions for Accepted Offers (WG'07)

1.2%

1.2%

1.2%

1.6%

2.7%

4.2%

4.3%

4.5%

5.5%

6.5%

7.1%

8.2%

24.4%

27.4%

0% 5% 10% 15% 20% 25% 30%

Public Interest

Auto/Manufacturing

Energy



Real Estate

Healthcare

Consumer Products/Retail

Hedge Funds/Other Investements

Investment Management

Technology

Private Equity/VC/Buyouts/Other

Invesment Banking/Brokerage

Consulting

Internship Positions for Accepted Offers (WG'08)Internship Positions for Accepted Offers (WG'08)

0.8%

2.5%

2.9%

3.3%

3.4%

4.4%

4.8%

4.9%

6.0%

6.4%

6.6%

6.9%

17.7%

29.0%

0% 5% 10% 15% 20% 25% 30% 35%

Energy

Auto/Manufacturing

Public Interest



Consumer Products/Retail

Hedge Funds/Other Investements

Real Estate

Healthcare

Investment Management

Private Equity/VC/Buyouts/Other

Technology

Consulting

Invesment Banking/Brokerage

Full Time Median Compensation TrendsFull Time Median Compensation Trends

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

2004 2005 2006 2007

Other Comp

Median Signing Bonus

Median Base Salary

$165,000

$137,000$135,000

$117,500




International/ProgrammingInternational/Programming• Anthony Penna – Investment Banking/Diversified FinancialAnthony Penna – Investment Banking/Diversified Financial

Services/RRM Role/OutreachServices/RRM Role/Outreach• Chris Higgins – Technology/Automotive/Manufacturing/Energy/Chris Higgins – Technology/Automotive/Manufacturing/Energy/



Consulting


Investment Banking




Energy | Automotive | Manufacturing





Private Equity

Rebecca Hollander

Chris Higgins


Elissa Harris

Ivan Kerbel

CAREER

ADVISORS

Sara Simons

Jennifer Savoie

Ursula Maul

Cara Costello

Michelle Hopping

Anthony Penna

Virginia Jennings

Shannon Connelly


RECRUITING

RELATIONSHIP

MANAGERS


INDUSTRY

Career Management ProcessCareer Management Process

Self-Assessment

Industry/CompanyResearch

Networking

Job Experience

Job SearchLetters &Resumes

InterviewPreparation

Negotiating

New

Job

Offer(s)

MBTI

Career Leader

Industry Chats

Wet Feet Guides

MBACM website

EISs

Developing Your Pitch

Business Etiquette

Creating Effective Resumes

Writing Effective Cover Letters

Wharton Interview Workshop

Interview Stream

Mock Interview Program

Managing Your Offer From Your Summer Employer

Negotiating Your Offer

Consulting


Investment Banking









Private Equity

Rebecca Hollander

Chris Higgins


Elissa Harris

Ivan Kerbel

CAREER

ADVISORS

Sara Simons

Jennifer Savoie

Ursula Maul

Cara Costello

Michelle Hopping

Anthony Penna

Virginia Jennings

Shannon Connelly


RECRUITING

RELATIONSHIP

MANAGERS


INDUSTRY

Consulting


Investment Banking









Private Equity

Rebecca Hollander

Chris Higgins


Elissa Harris

Ivan Kerbel

CAREER

ADVISORS

Sara Simons

Jennifer Savoie

Ursula Maul

Cara Costello

Michelle Hopping

Anthony Penna

Virginia Jennings

Shannon Connelly


RECRUITING

RELATIONSHIP

MANAGERS


INDUSTRY

Treks

• Student-managed worldwide visits to companies for the purpose of education and networking

• Provide access to companies/divisions that may not formally recruit or have limited campus exposure

• Allow students to build industry knowledge and grow job search network

• May be industry-focused or span a variety of industries

• More than two-dozen treks in 2007-08

Sample of 07-08 Treks…

Boston VC Trek

Chicago Investment Mgmt Trek

Dallas Real Estate Trek

DC International Development Trek Dubai & Pakistan Trek

Hong Kong Trek

London PE/VC Trek, Los Angeles Media & Entertainment Trek

New York Sports Business Trek Philadelphia Health Care Trek

San Francisco Bay Area Trek

Next Steps

• Questions – email [email protected] or join e-talk (student-to-student discussion board) at http://www.wharton.upenn.edu/mba/welcome

• Access to MBACM website once you receive your Wharton student account – Most self-assessment tools– Resume resources– Industry research tools

We look forward to seeing you in August for Pre Term!




International/ProgrammingInternational/Programming• Anthony Penna – Investment Banking/Diversified FinancialAnthony Penna – Investment Banking/Diversified Financial

Services/RRM Role/OutreachServices/RRM Role/Outreach• Chris Higgins – Technology/Automotive/Manufacturing/Energy/Chris Higgins – Technology/Automotive/Manufacturing/Energy/



Documents

MBA CAREER MANAGEMENT Michelle Antonio Director, MBA Career Management April 19, 2008