AGENDA International Job Search Presentation Cong ( Michelle ) Yuan – 2013 MSIA Graduate CMA/CCO Utilization Company Research Exercise.
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AGENDA International Job Search Presentation Cong ( Michelle ) Yuan – 2013 MSIA Graduate CMA/CCO Utilization Company Research Exercise INTERNATIONAL JOB SEARCH START NOW !!!!!!!!!!! START NOW !!!!!!!!!!!! START NOW !!!!!!!!!!! START NOW !!!!!!!!!! BLOOMBERG BUSINESS WEEK (159 business schools, 5300 graduates) Industry Consulting Health Care Energy Technology Manufacturing Services Finance/Accounting International Domestic 55% 53% 52% 52% 43% 43% 42% 68% 67% 66% 81% 83% 57% 60% KRANNERT PLACEMENT STATISTICS Full Time Int’l U.S. MBA 80%(40) 95%(42) MSHRM 50%(14) 80%(5) MSIA 22%(9) N/A Internships Int’l U.S. MBA 83.5%(79) 93%(43) MSHRM 72.5%(17) 100%(11) Predicting Success The Corporate Recruiter’s task is to predict your future success. Their predictions are based on: - Ability to lead, work in a team environment, & get results - Recent & Relevant experience - Risk Assesment Change Scenario Personal Preferences 1. Change in Country/City 2. Change in Industry 3. Change in Type of Employer 4. Change in Functional Area TOTAL CHANGE SCORE Change Points* Step 2: Transition Risks Change Score RISK LEVEL 1 Very Low Transition Risks 2 Moderate Risk but Expected 3 High Risk but Manageable 4 Extraordinarily High Risk The Work Authorization Dilemma Employers want: Work Authorization is: • Complex • Speed • Flexibility • Predictability • Control • • • • Restrictive Lengthy Costly Uncertain International Graduate Students Employer “Myths” are reality • Language fluency isn’t good enough • Going to leave after a year • Won’t fit in the team or culture • Critical gaps in local market expertise • Graduate Students have unrealistic expectations Tips for International Search 1. 2. 3. 4. 5. 6. 7. 8. Start early Communicate Effectively Act Global and globalize search Expand/Maintain Personal Network Work Authorization Build a values based career path Include contingencies from the start Keep life balance and pursue your dreams relentlessly Job Search Methods (Class of 2011-12) Method Percentage Offer Success Rate Internship 40% 28% 70% Career Services 57% 30% 53% School Job Boards 53% 23% 43% Job Fairs 44% 15% 34% Network w/alumni 56% 18% 32% Applied directly 63% 20% 32% Network with friends 56% 17% 30% Career coach/counselor 21% 6% 29% Headhunter/agency 27% 7% 26% Network w/professionals 28% 7% 25% Print/online postings 17% 4% 24% Social Media 58% 10% 17% Online Job search sites 54% 8% 15% GMAC Global Management Education Graduate Study – 2012 JOB SEARCH CONSIDERATIONS - About 20% of the jobs that exist in the U.S. are advertised in newspapers, trade magazines, or on the Internet. The other 80% of job openings are in the "hidden" job market. - Best employment prospects for international students may be with international companies. International students are great assets to global organizations. - Statistics suggest that international students who wish to work in the United States would be wise to pursue “specialty occupations” such as IT, finance/accounting, computer science, engineering, hospitality, medicine and business in order to increase their chance of employment. - According to "US Multinationals and the Foreign MBA," more than 53% of foreign survey respondents received a job offer from an American company where they completed an internship Additional Advice Market Yourself Positively - It is very important for International students to turn employers' objections into positives. It is important for them to tell employers about the challenges you faced in studying overseas and how you overcame them. International students should be prepared to tell employers how hiring them offers more advantages than disadvantages. Be Flexible - International students may need to expand their job search by considering jobs outside their desired career. Patience and Persistence - Start Now !!!!! & Follow through !!!! Network with friends, professors, other students, and staff of the university. Become familiar with visa application processes. Participating in an internship experience may lead to a full-time, paid position. Be sure to remember that an F-1 visa holder requires CPT in order to participate in an internship and a J-1 requires AT INT’L VS INTERVIEW U.S. Personal relationships may be more important than time. Being late may not be a problem. Be punctual. Arrive five to fifteen minutes prior to appointment Eye contact, especially with persons of higher status, may be disrespectful. Eye contact is expected and shows confidence. Interviewers commonly start with small talk and look for information regarding character or personality. Interviewer styles vary, and some may begin with direct questions or minimal small talk. Interviewer may talk for the majority of the interview. Interviewer may do most of the talking or may expect the candidate to do most of the talking. Age, race, sex, or marital status may be issues in the interview. Males may be expected to dominate interactions with females. Younger people may be expected to show deference to older people Questions regarding age, race, sexual orientation, disabilities, national origin and marital status are illegal ACTION PLAN STOP BY KPDC !!!!! SPEAK WITH FELLOW STUDENTS ( 2nd Year) !!!! START NOW !!!!!!!!!! START NOW !!!!!!!!! START NOW !!!!!!! START NOW !!!!!! “The will to win; the desire to succeed; and the urge to reach your full potential are the keys that will unlock the door to personal excellence.” Confucius “The only place that success comes before work is in the dictionary” MBA blogger