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F1. Introduction to MBA Career Management
Presentation Structure
2. The Wharton Advantage
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The MBACM strategy & mission enables you to gain
access to the broadest range of high-potential MBA
career opportunities
Our Mission:Enable students to gain access to the broadest range of
high-potential MBA career opportunities.
Our Strategy
One-on-One coaching to
help students aligncompetencies, interests and
values with Career Choice
Technology and
programming to
provide the bestservices for students
and employers
Outreach to expand
choice ofindustries, companies,
functions and locations
Collaborate with
students and student
groups to ensure the
career search effort is
a partnership
The Wharton Career Management Approach is designed to provide students
the skills to effectively manage their job search efforts throughout their career
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Roles are defined to ensure that both students and
recruiting organizations are well-served
Peter DegnanDirector
Counseling Staff
Administrative Team
Career Advisory
Board
Set and direct strategy; ensure execution Oversee industry and corporate outreach
Coach students on career search Provide industry expertise Act as industry and corporate liaison Oversee various programs and projects
Help manage corporate relationships Coordinate corporate on-campus events,
including DIP week Oversee various projects
Act as liaison between MBACM and
the student body Provide student input and perspective
on MBACM policies and activities
Support and enable the activities across the entireMBACM staff
Recruiting
Relationship Mgrs
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F1. Introduction to MBA Career Management
2. The Wharton Advantage
Presentation Structure
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The Wharton Advantage
The Wharton Advantage
Experienced
Staff
Value-Added
Services
Top Destination
for Recruiters
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MBA Career Management Staff
Unique Model
Extensive Industry/Business and Counseling Experience:Dedicated counseling staff coach students on career search inone-on-one appointments
Dedicated Recruiter Support: Recruiting Relationship Managersmanage corporate relationships and provide superior customerservice to recruiters
Industry Teams: Associate Directors and Recruiting RelationshipManagers work together to share information, conduct outreachand provide high level service to students and employers
Student/Employer Feedback: The Career Advisory Board and theEmployer Advisory Board provide key insights and perspectives
on MBACM policies and activities
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MBA Career Management Services
Superior Services Workshops provide support during each step of the job search Self-Assessment
Educational Industry Panels
Resume and Cover Letter Writing
Networking: Developing Your Pitch
Identifying and Approaching Networking Contacts
Mock Interview Training Program
Negotiating Job Offers
Dedicated staff member for international students
Specific services for students with significant prior experience
One-on-one coaching sessions Over 1350 appointments scheduled last year
MBA Job Board
Alumni MBACM services
Wharton West career management resources
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Many of the additional Wharton MBA Career Management
resources are available through our comprehensive
website
Assessment Tools: Career Leader Wharton Guide to Managing Your
Career Myers-Briggs Type Indicator
Career Statistics: Annual Wharton MBA Career
Report Salary & Offer Reports
Managing the Job Search: Employer Recruiting Policies
Student Interviewing Policies Online Interview Sign-up Resume Books
Research & Networking:
Employer Information Sessions
Company and Recruiter Database
Location Information
PLANs Student Directory
Salary & Relocation Resources
Summer Job Surveys
Online Alumni Directory WetFeet Insider Resources
Career Treks
International Resources
Capital IQ
Career Tools: Resume and Cover Letter Resources
International Resources
Online Appointment Scheduling
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Interacting withindustry leaders
IndustrySpeaks panels, Virtual Alumni Panels,Employer Information Sessions, LeadershipSpeaker Series, Alumni and International Boards
Deepening existingrelationships
Increasing job opportunities across variousdepartments from existing relationships.
Leveraging global relationships to generateinternational opportunities
Leveraging Whartoncommunity
More alumni networking events, peer network,faculty contacts, executive education, alumniboards, research centers
Broadening the targetbase of companies
Initiating relationships with companies in newindustries, functions, and locations
Student partnership Using student input to target industries andcompanies for outreach efforts
To provide as many opportunities to students as possible,
MBA Career Management engages in outreach efforts
throughout the year
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# of Companies Recruiting On-Campus
Over 270 companies recruit on campus
# of Job Board PostingsOver 900 jobs for students were posted last year
# of Employer Presentations
# of Treks
25%
Our outreach efforts resulted in a number of opportunities
for Wharton MBA students
25%
15%
43%
Percentage Increase between 2002/2003 &
2003/2004 Recruiting Season
More Diverse Opportunities - New companies recruiting Wharton students include thosein the Media & Entertainment, Real Estate, Health Care, Manufacturing and ConsumerGoods industries.
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Wharton graduates perform very well in the job
search arena
Preferred Choice of TopRecruiters
Top hirers include Alcoa, Amazon.com, Amgen, AmericanExpress, Bain and Company, Comcast, Deloitte, Diageo, EliLilly, General Motors, Goldman Sachs & Company, HomeDepot, J.P. Morgan Chase & Co, Johnson & Johnson, Kraft,Lehman Brothers, McKinsey, Merrill Lynch, Microsoft,Omnicom Group, Pfizer, Samsung Group, Shell OilCompany, Siebel, Sprint, Time Warner, UBS Warburg,Unilever, Vanguard Group, Yahoo! & many more..
Diverse Industry Choices
Attractive Compensation
Diverse Job Sources
International Positions
Median Salary = $90,000
Total Compensation = $120,000
Industries represented include Financial Services, PrivateEquity/Venture Capital, Consulting, Health Care, Marketing,Technology, Real Estate, Automotive, Energy, PublicInterest, and Media and Entertainment
Placement rates for international students are verycomparable with US students.
54% of accepted jobs sourced through on-campus eventswith the remainder coming from other sources such asalumni, previous employer, and student networking
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Over the last several years, Wharton students choice ofindustries has become more diverse
Accepted Full-time Jobs by Industry: Trend Analysis
43.5%38.5%
37.9%40.3% 41.2%
31.9% 39.9% 17.7%
20.9%26.9%
24.6% 21.6%
26.7%38.8%
31.9%
0%
20%
40%
60%
80%
100%
1999
2001
2002
2003
2004*
Other
Consulting
Financial Services
Growing industries include:
CPG/Retail, Health Care,
Media & Entertainment, Real
Estate & Manufacturing
*as of March 31, 2004
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In 2003, compensation was competitive across industries
Full-time Statistics 2003: Compensation by Industry*
Public Interest
Energy
Media & Entertainment
Manufacturing
CPG/Retail
Pharmaceuticals & Biotech
Health Products & Services
Consulting
Financial Services
Median Base
Salary
$85,000
$100,000
$90,000
$85,500
$82,000
$85,000
$83,500
$89,500
$70,000
Median Sign-On
Bonus
$20,000
$15,000
$20,000
$20,000
$16,500
$10,000
$10,000
$12,650
$6,000
* Does not include other compensation such as year-end bonus, relocation, or tuition reimbursement
Overall $85,000 $20,000
Real Estate $90,000 $9,000
Technology/Telecom $88,000 $20,000
To date, the Class of
2004 is reporting anincrease for medianbase salary to $90,000
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Questions?
Questions