Town Hall Meeting - Wharton Student Clubs and Organizations

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Transcript Town Hall Meeting - Wharton Student Clubs and Organizations

MBA CAREER MANAGEMENT

Michelle Antonio Director, MBA Career Management April 19, 2008

MBACM Orientation

1. MBACM overview 2. Staff Perspectives • Sara Simons – Investment Management/Hedge Funds/ International/Programming & Student Advising • Anthony Penna – RRM Role/Outreach • Chris Higgins – Technology/Automotive/Manufacturing/Energy/ Website & Treks 3. Questions

MBACM MISSION AND EXECUTION

MISSION - Empower MBA students to Developing their lifelong career management skills Cultivating employer relationships Providing access to the highest caliber resources and job opportunities Student advising Skill-based programs and workshops Alignment with other school departments (admissions, external affairs, faculty, etc.) Collaboration with student clubs & organizations Comprehensive website & recruiting systems Employer outreach Top rated recruiting services and facilities

THE MBACM TEAM

INDUSTRY CAREER ADVISORS

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 Ivan Kerbel Elissa Harris Maryellen Reilly Lamb Sara Simons Jennifer Savoie Chris Higgins Ursula Maul Cara Costello Rebecca Hollander

RECRUITING RELATIONSHIP MANAGERS

Michelle Hopping Anthony Penna Virginia Jennings Kristi Schlegel-Miller Shannon Connelly

Sources of Job Offers at Wharton

WG'08 Internships WG'07 Full Time 62%

38% 38% 38%

Off-campus recruiting On-campus recruiting • 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.

Full Time Positions for Accepted Offers (WG'07)

Consult ing Invesment Banking/ Brokerage Privat e Equit y/ VC/ Buyout s/ Ot her Technology Invest ment Management Hedge Funds/ Ot her Invest ement s Consumer Product s/ Ret ail Healt hcare Real Est at e Diversif ied Financial Services Media & Ent ert ainment Energy Aut o/ Manuf act uring Public Int erest 0% 4.5% 4.3% 4.2% 2.7% 1.6% 1.2% 1.2% 1.2% 8.2% 7.1% 6.5% 5.5% 5% 10% 15% 20% 24.4% 27.4% 25% 30%

Internship Positions for Accepted Offers (WG'08)

Invesment Banking/ Brokerage Consult ing Technology Privat e Equit y/ VC/ Buyout s/ Ot her Invest ment Management Healt hcare Real Est at e Hedge Funds/ Ot her Invest ement s Consumer Product s/ Ret ail Media & Ent ert ainment Diversif ied Financial Services Public Int erest Aut o/ Manuf act uring Energy 0% 4.4% 3.4% 3.3% 2.9% 2.5% 0.8% 6.9% 6.6% 6.4% 6.0% 4.9% 4.8% 5% 10% 15% 17.7% 20% 25% 29.0% 30% 35%

Full Time Median Compensation Trends

$180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0

$117,500

2004

$135,000

2005

$137,000

2006

$165,000

2007 Other Comp Median Signing Bonus Median Base Salary

MBACM Orientation

1. MBACM overview 2. Staff Perspectives • Sara Simons – Investment Management/Hedge Funds/ International/Programming • Anthony Penna – Investment Banking/Diversified Financial Services/RRM Role/Outreach • Chris Higgins – Technology/Automotive/Manufacturing/Energy/ Website & Treks 3. Questions

THE MBACM TEAM

INDUSTRY CAREER ADVISORS

Consulting Biotech | Pharmaceuticals | Healthcare Investment Banking Diversified Financial Services Investment Management | Hedge Funds Public Interest | Non Profit | Gov’t | International Development Energy | Automotive | Manufacturing Technology | Telecom Consumer Goods | Retail Media & Entertainment Real Estate | Travel & Hospitality Private Equity Ivan Kerbel Elissa Harris Maryellen Reilly Lamb Sara Simons Jennifer Savoie Chris Higgins Ursula Maul Cara Costello Rebecca Hollander

RECRUITING RELATIONSHIP MANAGERS

Michelle Hopping Anthony Penna Virginia Jennings Kristi Schlegel-Miller Shannon Connelly

Career Management Process

Self Assessment Industry/ Company Research Networking Job Search Letters & Resumes Interview Preparation Offer(s) Negotiating N e w J o b Job Experience

MBTI Leader Industry Chats Career 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

THE MBACM TEAM

INDUSTRY CAREER ADVISORS

Consulting Biotech | Pharmaceuticals | Healthcare Investment Banking Diversified Financial Services Investment Management | Hedge Funds Public Interest | Non Profit | Gov’t | International Development Energy | Automotive | Manufacturing Technology | Telecom Consumer Goods | Retail Media & Entertainment Real Estate | Travel & Hospitality Private Equity Ivan Kerbel Elissa Harris Maryellen Reilly Lamb Sara Simons Jennifer Savoie Chris Higgins Ursula Maul Cara Costello Rebecca Hollander

RECRUITING RELATIONSHIP MANAGERS

Michelle Hopping Anthony Penna Virginia Jennings Kristi Schlegel-Miller Shannon Connelly

THE MBACM TEAM

INDUSTRY CAREER ADVISORS

Consulting Biotech | Pharmaceuticals | Healthcare Investment Banking Diversified Financial Services Investment Management | Hedge Funds Public Interest | Non Profit | Gov’t | International Development Energy | Automotive | Manufacturing Technology | Telecom Consumer Goods | Retail Media & Entertainment Real Estate | Travel & Hospitality Private Equity Ivan Kerbel Elissa Harris Maryellen Reilly Lamb Sara Simons Jennifer Savoie Chris Higgins Ursula Maul Cara Costello Rebecca Hollander

RECRUITING RELATIONSHIP MANAGERS

Michelle Hopping Anthony Penna Virginia Jennings Kristi Schlegel-Miller Shannon Connelly

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!

MBACM Orientation

1. MBACM overview 2. Staff Perspectives • Sara Simons – Investment Management/Hedge Funds/ International/Programming • Anthony Penna – Investment Banking/Diversified Financial Services/RRM Role/Outreach • Chris Higgins – Technology/Automotive/Manufacturing/Energy/ Website & Treks 3. Questions