Transcript Town Hall Meeting - University of Pennsylvania

MBA CAREER MANAGEMENT
Overview
Michelle Antonio
Director, MBA Career Management
April 14, 2007
MBA Career Management
1
MBACM Orientation
1. MBACM overview
2. Staff Perspectives
• Jennifer Savoie – Public Interest/Student Programming
• Maryellen Lamb – Investment Banking/Student Advising?
• Virginia Sherno – RRM role/Outreach
• Cara Costello – Real Estate/Media & Entertainment/
Travel & Hospitality/Trek Program
3. Questions
MBA Career Management
2
MBACM MISSION AND EXECUTION
MISSION - Empower MBA students to
achieve their short - and long-term career goals by:
Developing their lifelong
career management skills
Student advising
Presentations
and workshops
Cultivating employer
relationships
Partnerships
with other school
departments
(faculty, external
affairs, etc.)
Providing access to the
highest caliber resources
and job opportunities
Comprehensive
website &
recruiting systems
Employer outreach
Relationships with student
clubs & organizations
MBA Career Management
Top rated recruiting
services and facilities
3
THE MBACM TEAM
SENIOR ASSOCIATE
DIRECTORS
RECRUITING RELATIONSHIP
MANAGERS
Chris Higgins
Auto / Manufacturing, Energy
Michelle Hopping
Biotech, Pharma, Healthcare
Consumer Goods, Retail
Elissa Harris
Consulting
Ivan Kerbel
Public Interest, Non-Profit, Government
Jennifer Savoie
Technology / Telecom
Chris Higgins
Media & Entertainment,
Real Estate, Travel & Hospitality
Cara Costello
Diversified Financial Services, Insurance,
Investment Management, Hedge Funds
Sara Simons
Private Equity, Venture Capital, Restructuring
Sara Simons
Heather Perkins
Virginia Sherno
Investment Banking
Maryellen Reilly Lamb
Executive MBA, East & West Coast
Alumni Services
Ursula Maul
International Programs & Clubs
Sara Simons
MBA Career Management
Kristi Schlegel-Miller
4
Sources of Job Offers at Wharton
WG'07 Internships
WG'06 Full Time
Off-campus
recruiting
28%
35%
On-campus
recruiting
72%
65%
Over 60% of offers are found through on-campus recruiting.
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.
MBA Career Management
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Full Time Positions for Accepted Offers (WG'06)
Consulting
28.6%
Investment Banking/Brokerage
27.1%
Technology
7.7%
Health Care
4.8%
Real Estate
4.8%
Investment Management
4.6%
Private Equity/VC/Buyouts/Other
3.8%
Diversified Financial Services
3.8%
Media & Entertainment
3.3%
Consumer Products / Retail
2.6%
Hedge Funds/Other Investments
2.6%
Auto/Manufacturing
0.9%
Public Interest
0.7%
0%
5%
10%
15%
MBA Career Management
20%
25%
30%
35%
6
Internship Positions for Accepted Offers (WG'07)
Investment Banking/Brokerage
28.2%
Consulting
17.8%
Private Equity/VC/Buyouts/Other
8.0%
Technology
6.9%
Consumer Products / Retail
6.6%
Hedge Funds/Other Investments
5.3%
Health Care
4.6%
Investment Management
4.5%
Real Estate
4.3%
Diversified Financial Services
4.2%
Auto/Manufacturing
3.2%
Media & Entertainment
2.4%
Public Interest
2.2%
0%
5%
10%
15%
20%
25%
30%
In 2005, % of internships resulting in full-time offer: 42%
MBA Career Management
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Full Time Median Compensation Trends
$135,000
$140,000
$137,000
$117,500
$120,000
$100,000
Other Comp
$80,000
Median Signing Bonus
$60,000
Median Base Salary
$40,000
$20,000
$0
% of Students
Graduating with
FT Offers:
2004
2005
2006
78%
89%
89%
MBA Career Management
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MBACM Orientation
1. MBACM overview
2. Staff Perspectives
• Jennifer Savoie – Public Interest/Student Programming
• Maryellen Lamb – Investment Banking/Student Advising?
• Virginia Sherno – RRM role/Outreach
• Cara Costello – Real Estate/Media & Entertainment/
Travel & Hospitality/Trek Program
3. Questions
MBA Career Management
9
THE MBACM TEAM
SENIOR ASSOCIATE
DIRECTORS
RECRUITING RELATIONSHIP
MANAGERS
Chris Higgins
Auto / Manufacturing, Energy
Michelle Hopping
Biotech, Pharma, Healthcare
Consumer Goods, Retail
Elissa Harris
Consulting
Ivan Kerbel
Public Interest, Non-Profit, Government
Jennifer Savoie
Technology / Telecom
Chris Higgins
Media & Entertainment,
Real Estate, Travel & Hospitality
Cara Costello
Diversified Financial Services, Insurance,
Investment Management, Hedge Funds
Sara Simons
Private Equity, Venture Capital, Restructuring
Sara Simons
Heather Perkins
Virginia Sherno
Investment Banking
Maryellen Reilly Lamb
Executive MBA, East & West Coast
Alumni Services
Ursula Maul
International Programs & Clubs
Sara Simons
MBA Career Management
Kristi Schlegel-Miller
10
THE MBACM TEAM
SENIOR ASSOCIATE
DIRECTORS
RECRUITING RELATIONSHIP
MANAGERS
Chris Higgins
Auto / Manufacturing, Energy
Michelle Hopping
Biotech, Pharma, Healthcare
Consumer Goods, Retail
Elissa Harris
Consulting
Ivan Kerbel
Public Interest, Non-Profit, Government
Jennifer Savoie
Technology / Telecom
Chris Higgins
Media & Entertainment,
Real Estate, Travel & Hospitality
Cara Costello
Diversified Financial Services, Insurance,
Investment Management, Hedge Funds
Sara Simons
Private Equity, Venture Capital, Restructuring
Sara Simons
Heather Perkins
Virginia Sherno
Investment Banking
Maryellen Reilly Lamb
Executive MBA, East & West Coast
Alumni Services
Ursula Maul
International Programs & Clubs
Sara Simons
MBA Career Management
Kristi Schlegel-Miller
11
THE MBACM TEAM
SENIOR ASSOCIATE
DIRECTORS
RECRUITING RELATIONSHIP
MANAGERS
Chris Higgins
Auto / Manufacturing, Energy
Michelle Hopping
Biotech, Pharma, Healthcare
Consumer Goods, Retail
Elissa Harris
Consulting
Ivan Kerbel
Public Interest, Non-Profit, Government
Jennifer Savoie
Technology / Telecom
Chris Higgins
Media & Entertainment,
Real Estate, Travel & Hospitality
Cara Costello
Diversified Financial Services, Insurance,
Investment Management, Hedge Funds
Sara Simons
Private Equity, Venture Capital, Restructuring
Sara Simons
Heather Perkins
Virginia Sherno
Investment Banking
Maryellen Reilly Lamb
Executive MBA, East & West Coast
Alumni Services
Ursula Maul
International Programs & Clubs
Sara Simons
MBA Career Management
Kristi Schlegel-Miller
12
THE MBACM TEAM
SENIOR ASSOCIATE
DIRECTORS
RECRUITING RELATIONSHIP
MANAGERS
Chris Higgins
Auto / Manufacturing, Energy
Michelle Hopping
Biotech, Pharma, Healthcare
Consumer Goods, Retail
Elissa Harris
Consulting
Ivan Kerbel
Public Interest, Non-Profit, Government
Jennifer Savoie
Technology / Telecom
Chris Higgins
Media & Entertainment,
Real Estate, Travel & Hospitality
Cara Costello
Diversified Financial Services, Insurance,
Investment Management, Hedge Funds
Sara Simons
Private Equity, Venture Capital, Restructuring
Sara Simons
Heather Perkins
Virginia Sherno
Investment Banking
Maryellen Reilly Lamb
Executive MBA, East & West Coast
Alumni Services
Ursula Maul
International Programs & Clubs
Sara Simons
MBA Career Management
Kristi Schlegel-Miller
13
MBACM Orientation
1. MBACM overview
2. Staff Perspectives
• Jennifer Savoie – Public Interest/Student Programming
• Maryellen Lamb – Investment Banking/Student Advising?
• Virginia Sherno – RRM role/Outreach
• Cara Costello – Real Estate/Media & Entertainment
Travel & Hospitality/Trek Program
3. Questions
MBA Career Management
14
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 after you matriculate and
receive your Wharton id and password
– Most self-assessment tools
– Resume resources
– Industry exploration/research tools
We look forward to seeing you in August for Pre Term!
MBA Career Management
15