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This is a presentation on what recruiters expect from MBA students plua a insight into factors students should look at as they enter the workplace.
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The X Factor-
What Recruiters Want from MBA s
The TopMBA.com Recruiter Survey (conducted each year
since 1990 between February and May) shows that, overall,
recruiters are satisfied with MBAs, rating them 2.3 (where 3
represents highly satisfied).
The TopMBA.com Recruiter Survey
The TopMBA survey found that, whilst almost all employers were satisfied with analytical, language and technical skills possessed by MBAs, there was a common feeling that business schools are still not doing enough to develop these softer skills (as shown in chart).
The Top MBA Survey- CHART
In a recent survey of 508 MBA employers from around the
world, QS TopMBA found that; people skills, strategic thinking,
and leadership were the three most important qualities for their
MBA hires.
A separate survey of MBA recruiters by Said Business School also identified soft skills - communication, entrepreneurship and creativity as of greatest importance.
MBA Survey Reinforcement
Recruiters hire MBA’s for the X Factor
� When recruiters hire MBA’s : They look for the X factor
� the X-factor can best be described as an entrepreneurial spirit or a drive and enthusiasm that makes this person stand
out from the crowd.
� This trait may not be unique to MBAs, but when you add in other requirements, namely
�a requirement for academic rigour, a breadth of understanding of general management, proven leadership
skills, language ability and geographic flexibility,
� it’s not surprising that an MBA becomes almost mandatory to the hiring profile.
�Most MBA employers take the analytical and problem
solving skills as a given when they look at MBAs. They
really do focus on the soft skills when they make their
hiring decisions
�“A course in soft management skills, combined with
several live consulting assignments with real clients,
help to develop “the leadership and personal skills of
our MBAs” Manchester Business school”
The Bottomline
� Investment banks place emphasis on problem solving and initiative
� They want people who have been successful in their former careers, no matter what their background.
� In an industry renowned for its quantitative nature, soft skills remain key.
�Most research and pure quant roles are filled by PhDs and graduates
� MBAs tend to prefer and are best at client facing roles, be it in equities, fixed income or corporate finance.
Different sectors look for different
profiles
The TopMBA.com survey also reveals that recruiters have a strong preference for MBAs with prior professional experience - 88% prefer candidates with between two and eight years of professional experience - only 4% will hire MBAs without any prior work experience.
Professional experience
Problems still arise with candidates who have great experience but in a completely unrelated field. An MBA does enable people to change their industry or function, but they have to bring relevant transferable skills
CITING
A investment bank didn’t hire the MBA who was previously a Jeweller. MBAs need to be realistic about how radical a career change they can make
The Bottomline:
Prior experience is crucial … But
The Race Ahead……
Career Scope
What you like
Areas of
Interest Hobbies
Sports
Fun & Games
Reading
Writing
Music
Travelling
Cooking
What you’re good at
Qualifications
Extra Curricular Activities Strengths
Opportunities
MBA/MSc
Fests
Communication
skills
Projects
Accolades
Management Skills
Knowledge
Span
Desired Lifestyle/ Income
Family Upbringing
Lifestyle
Living for today or tomorrow
Car/Bus
Debit/Credit
cards
PG/Apartment
Eating Habits
Dependent(s)
Clothes
Accessories
WORK
ACCESS
PREPARE
SEARCH
CONTACT
INTERVIEW
Job
Hunting
Cycle
WORK
Track Achievements
Connect with people
Increase skills
Assess yourself
ASSESS
Identify Assets, Deficits
Prepare Portfolio
Develop Resume
Target Specific jobs
PREPARE
Wardrobe
References
Support Systems
SEARCH
Used varied methods
Connect with others
Track progress
CONTACT
Phone calls
Cover letters
Application forms
INTERVIEW
Research
Offer
Questions
Negotiations
Things to do
Companies In India
Performance
Vacancies available
Mapping qualifications required for vacancies
Pay package
People to reach out to
Are you
here?