UNIVERSUM STUDENT SURVEY 2014 University Report | US Edition Michigan Technological University | Business WWW.UNIVERSUMGLOBAL.COM 2014 | US | Students | Business 2 About Universum With over 25 years of experience researching the field of employer branding, Universum is a recognized world leader with tried and tested frameworks. Universum annually conducts quantitative and qualitative research with over 700,000 talented individuals to gather insights into their career preferences, communication habits and their perception of potential employers. Universum’s unique global reach ensures the comparability of research results across markets. We partner with approximately 2,000 of the top academic institutions in the world. Universum is the thought leader in employer branding, with local experts in research, consulting and communication solutions, offering high-quality insights. For our clients around the world, Universum is a trusted partner providing solutions and services to develop, improve and implement tailored employer branding strategies. Universum employs smart, friendly and professional experts and consultants, who work with our clients in long-term partnerships. 2014 | US | Students | Business 3 How we help Higher Education Institutions Universum is the global leader in the field of employer branding and talent research. Through our market research, consulting and communication solutions we aim to close the gap between the expectations of employers and talent and support Higher Education Institutions in their roles. Through our unique insight into the recruitment challenges of employers and the dynamics of the talent market, we help nearly 2000 universities worldwide to: UNDERSTAND IDENTIFY THE CAREER PREFERENCES AND EXPECTATIONS OF STUDENTS AND ALUMNI THE BRAND PERCEPTION AND ATTRACTIVENESS OF YOUR COLLEGE/UNIVERSITY ATTRACT RECRUIT RELEVANT EMPLOYERS TO CAMPUS PROSPECTIVE STUDENTS FOR BSC, MSC AND/OR MBA LEVELS 2014 | US | Students | Business 4 Our clients and media partners Some of the world’s most attractive employers Some of the world’s most trusted publishers 2014 | US | Students | Business 5 What we cover in the report 1. EXECUTIVE SUMMARY 5. APPENDIX Additional data on topics covered in previous sections. A summary of the core findings of the report. These slides can be shared with key stakeholders within the university as well as with external partners to provide a quick, visual overview of the career profile of your students. 4. UNIVERSITY BRAND PERCEPTION 2. CAREER PROFILE EVALUATION This chapter evaluates your university brand, as perceived by your current students and by students at other universities in US, who would choose Michigan Technological University if they could begin their studies again. 3. EMPLOYER EVALUATION This chapter analyzes the employer branding efforts and relative attractiveness of different employers towards your students. This chapter provides insights on the career preferences and expectations of your students in comparison to the overall surveyed population of students in US. 2014 | US | Students | Business 6 About the Universum Student Survey | US Edition METHODOLOGY THE QUESTIONNAIRE Created based on 25 years of experience, extensive research within HR, focus groups and communication with both our clients and students. Global perspective - local insight. 311 Educational institutions DATA COLLECTION Conducted via an online survey, distributed via university contacts, the Universum Panel and local partners. WEIGHTING In order to provide our clients with reliable data we set targets per main field of study and educational institution to reflect the actual distribution of students. Weighting is used to compensate for discrepancies from the targets. Note that only data based on all students or on all students within a main field of study is weighted. Breakdowns like gender, high achievers or other more specific target groups are not weighted. FIELD PERIOD October 2013 to January 2014 2014 | US | Students | Business 7 Groups in this report Global ~600,000 15,939 US Your university 33 Students participate annually in Universum’s global career research. Participating students from 311 educational institutions in US. Throughout the report, this group is referred to as “All universities”. Participating students from your university. Throughout the report, this group is referred to as ”Michigan Technological University”. The comparisons in this report are based on: Business • University reports can be based on the total number of respondents from all main fields of study, or may be specific to a main field of study. This particular report is specific to: Business. 2014 | US | Students | Business 8 Table of contents APPENDIX EXECUTIVE SUMMARY UNIVERSITY BRAND PERCEPTION CAREER PROFILE EVALUATION EMPLOYER EVALUATION 2014 | US | Students | Business 9 Students’ profile and summary of preferences Michigan Technological University Average age (years): Top 3 most used communication channels: 20.7 • Employer websites • News websites advertisements • Lectures/case studies as part of curriculum Top 3 career profiles: • Leader Top 3 industries: • Harmonizer • Auditing and Accounting 52% 48% • Idealist 3.3 Average expected annual salary: • Management and Strategy Consulting • Banks Average reported GPA Top 5 most attractive attributes: 50,833 USD • Secure employment (Job Characteristics) • Professional training and development (Job Characteristics) • Leaders who will support my development (People & Culture) • Variety of assignments (Job Characteristics) • High future earnings (Remuneration & Advancement Opportunities) Year of graduation: Top 3 career goals: 39% 24% 21% 15% • To have work/life balance • To be secure or stable in my job • To be a leader or manager of people Freshman Sophomore Junior Senior 2014 | US | Students | Business 10 Students’ profile and summary of preferences All universities Average age (years): Top 3 most used communication channels: 22.3 • Employer websites • Social networks/communities • Career fairs Top 3 career profiles: • Leader Top 3 industries: • Entrepreneur 40% 60% • Idealist 3.5 Average expected annual salary: • Management and Strategy Consulting • Auditing and Accounting • Media and Advertising Average reported GPA Top 5 most attractive attributes: 53,817 USD • Leaders who will support my development (People & Culture) • Professional training and development (Job Characteristics) • Respect for its people (People & Culture) • Secure employment (Job Characteristics) • A friendly work environment (People & Culture) Year of graduation: Top 3 career goals: 25% 33% 35% • To have work/life balance • To be secure or stable in my job 6% • To be competitively or intellectually challenged Freshman Sophomore Junior Senior 2014 | US | Students | Business 11 Students’ most attractive employers Michigan Technological University | Business All universities | Business 1. Google (21.21%) 1. Google (20.69%) 2. Apple (15.15%) 2. Walt Disney Company (14.21%) 3. Central Intelligence Agency (12.12%) 3. Apple (12.61%) 3. Nike (12.12%) 4. EY (Ernst & Young) (12.59%) 3. Peace Corps (12.12%) 5. J.P. Morgan (11.53%) 3. Starbucks (12.12%) 6. Deloitte (11.46%) 3. Target (12.12%) 7. PwC (PricewaterhouseCoopers) (10.38%) 3. Under Armour, Inc. (12.12%) 8. Nike (10.19%) 9. American Cancer Society (9.09%) 9. Goldman Sachs (9.52%) 9. Blizzard Entertainment (9.09%) 10. KPMG LLP (7.15%) • Now choose the 5 employers you most want to work for, your 5 Ideal Employers. 2014 | US | Students | Business 12 Summary of your University Brand Perception TOP OF MIND ASSOCIATIONS Average university recommendation score: Percentage of students who would choose to study at their current university if they could make the choice again: Michigan Technological University All universities Michigan Technological University All universities 7.6 8.2 22% 55% • This is an extract from a University Report based on the results of the Universum Student Survey 2014. Please visit www.universumglobal.com for more information about Universum and our global research. 2014 | US | Students | Business 13 Table of contents APPENDIX EXECUTIVE SUMMARY UNIVERSITY BRAND PERCEPTION CAREER PROFILE EVALUATION EMPLOYER EVALUATION 2014 | US | Students | Business 14 Career Profile Evaluation This chapter provides insights on the career preferences and expectations of your students in comparison to the total student population surveyed in US. The information and insights in the report will help you to: Evaluate the career profile of your students on an aggregated level, as well as the talent trends that have evolved over the past years. Find out what differentiates your students from those at other universities and which aspects make them unique. Improve the visibility of your students to top employers by being able to communicate their unique strengths to employers in a quick and efficient way. 2014 | US | Students | Business 15 Career goals Michigan Technological University To have work/life balance 21% 36% To be secure or stable in my job To be a leader or manager of people To be competitively or intellectually challenged To be dedicated to a cause or to feel that I am serving a greater good 43% 14% 7% 7% To be autonomous or independent 0%7% 7%0% 14% 7% 14% 14% 79% 50% 43% 21% 21% 14% 21% 43% 36% 21% To be entrepreneurial or creative/innovative 0%7% 7% 14% To have an international career 0%7% 7% 14% First choice Second choice To be a technical or functional expert 0% • Which of these career goals are most important to you? Please select in order of preference, where '1' is most important. Third choice • ‘Career goals’ refer to what students want from employment in the long term, whereas ‘attributes’ refer to things sought by students from their first employer. 2014 | US | Students | Business 16 Career goals All universities To have work/life balance 23% To be secure or stable in my job 23% To be competitively or intellectually challenged 13% To be dedicated to a cause or to feel that I am serving a greater good 13% To be a leader or manager of people To be entrepreneurial or creative/innovative To have an international career To be autonomous or independent 10% 8% 5% 22% 3% 4% 5% 8% 37% 13% 12% 13% 11% 56% 39% 13% 10% 10% 6% 14% 19% 14% 63% 19% 36% 29% 19% 11% First choice Second choice To be a technical or functional expert 2%3% 4% 9% • Which of these career goals are most important to you? Please select in order of preference, where '1' is most important. Third choice • ‘Career goals’ refer to what students want from employment in the long term, whereas ‘attributes’ refer to things sought by students from their first employer. 2014 | US | Students | Business 17 Career goals across time All universities 1 2 3 To have work/life balance 4 To be secure or stable in my job 5 To be competitively or intellectually challenged 6 To be dedicated to a cause or to feel that I am serving a greater good To be a leader or manager of people 7 8 To be entrepreneurial or creative/innovative To have an international career To be autonomous or independent 9 2011 2012 2013 To be a technical or functional expert 2014 • Which of these career goals are most important to you? Please select in order of preference, where '1' is most important. • The graph shows career goals chosen as first, second or third choice in 2014. • The alternatives in the legend are sorted according to importance in 2014. Thus, the most important career goal in 2014 is at the top of the legend. 2014 | US | Students | Business 18 Most preferred industries (1-10) 38% Auditing and Accounting 25% 38% Management and Strategy Consulting 29% 25% 22% Banks 19% Consumer Goods 8% 19% Insurance Automobiles and Parts Engineering and Manufacturing 5% 13% 3% 13% 2% 13% Media and Advertising 22% Non-Governmental Organizations (NGOs)/Non-Profit Organizations (NPOs) Software and Computer Services 13% 10% 13% 6% • In which industries would you like to work most after graduating? You can choose up to 3 industries. Michigan Technological University All universities 2014 | US | Students | Business 19 Most preferred industries (11-20) 13% Tourism 8% Educational and Scientific Institutions 6% 5% Energy 6% 6% Health Care Equipment 6% 2% 6% Public Sector and Governmental Agencies 11% 6% 5% Retail Aerospace and Defense Chemicals Construction Consumer Electronics and Household Appliances 4% 1% 1% Michigan Technological University 2% • In which industries would you like to work most after graduating? You can choose up to 3 industries. All universities 2014 | US | Students | Business 20 Expected annual salary Michigan Technological University 50,833 USD All universities 53,817 USD • What is your expected salary before tax at your first employment after graduation, excluding commission and bonus? 2014 | US | Students | Business 21 Expected annual salary | Gender gap All universities 52,824 USD Female Male 57,898 USD • What is your expected salary before tax at your first employment after graduation, excluding commission and bonus? • What is your gender? 2014 | US | Students | Business 22 Expected annual salary | Gender gap across time All universities 91% 91% 90% 91% 2011 2012 2013 2014 Female/Male salary ratio • What is your expected salary before tax at your first employment after graduation, excluding commission and bonus? • What is your gender? This chart illustrate female expected salary as a share of male expected salary. 2014 | US | Students | Business 23 Most popular types of student organizations 58% Academic or professional clubs and societies 56% 39% Volunteer work and community service 36% 30% Recreational activities and hobbies 20% 24% Fraternity/sorority and similar social organizations 23% 18% Sports teams 10% Michigan Technological University All universities • To which of the following types of student organizations do you belong? Select all that apply. • To which specific organizations do you belong? • Please speak to your account manager for further information about the specific organizations most popular among your students. 2014 | US | Students | Business 24 The Universum Drivers of Employer Attractiveness EMPLOYER REPUTATION & IMAGE The attributes of the employer as an organization • Attractive/exciting products and services • Corporate Social Responsibility • Environmental sustainability • Ethical standards • Fast-growing/entrepreneurial • Financial strength • Innovation • Inspiring management • Market success • Prestige PEOPLE & CULTURE The social environment and attributes of the workplace • A creative and dynamic work environment • A friendly work environment • Enabling me to integrate personal interests in my schedule • Interaction with international clients and colleagues • Leaders who will support my development • Recognizing performance (meritocracy) • Recruiting only the best talent • Respect for diversity • Respect for its people • Support for gender equality JOB CHARACTERISTICS The contents and demands of the job, including the learning opportunities provided by the job • Challenging work • Client interaction • Control over my number of working hours • Flexible working conditions • High level of responsibility • Opportunities for international travel/relocation • Professional training and development • Secure employment • Team-oriented work • Variety of assignments REMUNERATION & ADVANCEMENT OPPORTUNITIES The monetary compensation and other benefits, now and in the future • Clear path for advancement • Competitive base salary • Competitive benefits • Good reference for future career • High future earnings • Leadership opportunities • Overtime pay/compensation • Performance-related bonus • Rapid promotion • Sponsorship of future education • This framework has been developed by Universum and is based on specific research within HR, as well as focus groups and general communication with both our clients and students. 2014 | US | Students | Business 25 Relative importance of each driver Michigan Technological University All universities 24% 22% 27% 25% 27% 27% 27% 22% Employer Reputation & Image Job Characteristics People & Culture Remuneration & Advancement Opportunities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question. 2014 | US | Students | Business 26 Driver attractiveness across time All universities 35 30 25 20 15 2011 2012 2013 Employer Reputation & Image Job Characteristics People & Culture Remuneration & Advancement Opportunities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question. • Which of these attributes are most important to you? (Max. 3) 2014 2014 | US | Students | Business 27 Employer Reputation & Image | Attractive attributes 47% Ethical standards 39% 47% Financial strength 40% 42% Market success 31% Attractive/exciting products and services 26% 28% 26% Inspiring management 36% Corporate Social Responsibility 21% 21% Innovation 21% Prestige 21% Environmental sustainability Fast-growing/entrepreneurial 33% 29% 16% 13% Michigan Technological University 11% 18% All universities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question. • Which of these attributes are most important to you? (Max. 3) 2014 | US | Students | Business 28 Job Characteristics | Attractive attributes 72% Secure employment 47% Professional training and development 56% 48% 39% Variety of assignments 27% 22% 30% Challenging work Control over my number of working hours 22% 15% 22% 28% Flexible working conditions Opportunities for international travel/relocation High level of responsibility Team-oriented work Client interaction 22% 31% 11% 23% 11% 21% Michigan Technological University 6% 17% All universities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question.. • Which of these attributes are most important to you? (Max. 3) 2014 | US | Students | Business 29 People & Culture | Attractive attributes Leaders who will support my development 60% 49% 52% 46% Respect for its people A creative and dynamic work environment 48% 43% Recognizing performance (meritocracy) 32% A friendly work environment 32% Enabling me to integrate personal interests in my schedule 44% 42% 16% 24% Interaction with international clients and colleagues 16% 16% Recruiting only the best talent 16% 15% Respect for diversity Support for gender equality 8% 15% 4% 10% Michigan Technological University All universities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question. • Which of these attributes are most important to you? (Max. 3) 2014 | US | Students | Business 30 Remuneration & Advancement Opportunities | Attractive attributes 41% Competitive base salary 32% 41% Good reference for future career 34% 41% 41% High future earnings 35% Leadership opportunities 46% Clear path for advancement 29% Sponsorship of future education 29% 24% 44% 24% 28% Competitive benefits Overtime pay/compensation Performance-related bonus Rapid promotion 18% 9% 12% 17% 12% 12% Michigan Technological University All universities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question. • Which of these attributes are most important to you? (Max. 3) 2014 | US | Students | Business 31 Students’ overall top 10 preferences Michigan Technological University emp 1. ning a 2. uppo 3. f ass 4. ure e 5. for it 6. ial st 7. ve ba 8. l stan 9. et su 10. Secure employment Professional training and development Leaders who will support my development Variety of assignments High future earnings Respect for its people Financial strength Competitive base salary Ethical standards Market success All universities uppo 1. ning 2. for it 3. emp 4. ork e 5. ure e 6. amic 7. p op 8. or ad 9. ve ba10. Leaders who will support my development Professional training and development Respect for its people Secure employment A friendly work environment High future earnings A creative and dynamic work environment Leadership opportunities Clear path for advancement Competitive base salary Employer Reputation & Image Job Characteristics People & Culture Remuneration & Advancement Opportunities • How important are each of the aspects below to you? Please divide 100 points between the alternatives, depending on how important they are to you. The total must equal 100 to move to the next question. • Which of these attributes are most important to you? (Max. 3) • This table shows the most attractive of the 40 attributes, taking into account the overall importance of the driver categories to the students. This analysis gives a summarized 360 degree view of what influences employer attractiveness. 2014 | US | Students | Business 32 The Universum Career Profiles CAREERIST: A student who continuously wants to develop. This type of student wants to follow a promising career path within a prestigious and meritocratic environment. IDEALIST: A student who pursues ethical and sustainable principles and values. This student is strongly attracted to employers whose mission and vision are in line with his/her own principles and standards. ENTREPRENEUR: A student who appreciates working in an evolving environment, in which he/she can solve changing and challenging problems. INTERNATIONALIST: A student who is open-minded and prefers international surroundings. This type of student enjoys meeting new people, traveling and working abroad. HARMONIZER: A student who prefers a stable work environment that is characterized by a respectful and balanced management philosophy. LEADER: A student who aims to be inspired and supported by management and searches for jobs where he/she can apply and further develop his/her leadership skills. This student is not afraid of making decisions and taking responsibility. HUNTER: A student who focuses on monetary aspects. This student chases financially lucrative and competitive jobs. • The Universum Career Profiles are based on the attributes that students select as most important. More details can be found in the Appendix. 2014 | US | Students | Business 33 The Universum Career Profiles Michigan Technological University All universities • Which of these are most important to you? • The Universum Career Profiles are based on the attributes that students selected as attractive for their first employer. See more details in Appendix. 2014 | US | Students | Business 34 Table of contents APPENDIX EXECUTIVE SUMMARY UNIVERSITY BRAND PERCEPTION CAREER PROFILE EVALUATION EMPLOYER EVALUATION 2014 | US | Students | Business 35 Employer Evaluation This chapter analyzes the employer branding efforts and relative attractiveness of different employers towards your students. The information and insights in the report will help you to: Evaluate relative performance of different employers and understand what challenges they face. Use these insights to successfully manage your corporate relationships. Provide tangible feedback to your existing corporate partners on their employer branding efforts towards your students. Understand if the activities they organized have been effective. Understand which employers your students would like to meet and want to learn more about. Use these insights to bring new employer partners into cooperation with your organization. 2014 | US | Students | Business 36 The Universum Rankings FULL COMPANY LIST (230 employers within each main field of study) “Below is a list of companies and organizations. For which of these employers would you consider working?” CONSIDERED EMPLOYER RANKING (as many as applicable) “Now choose the 5 employers you most want to work for, your 5 Ideal Employers.” IDEAL EMPLOYER RANKING POTENTIAL APPLICANTS’ RANKING (Yes, I have applied or will apply) (maximum five employers) “Have you applied or will you apply to these companies/ organizations?” • For layout reasons, the employer’s name can be shortened in this report. 2014 | US | Students 37 Official Ideal Employer Ranking | US 2014 BUSINESS Employer Google Walt Disney Company Apple EY (Ernst & Young) J.P. Morgan Deloitte PwC (PricewaterhouseCoopers) Nike Goldman Sachs KPMG LLP Amazon Microsoft Major League Baseball (MLB) The Coca-Cola Co. FBI Rank 2014 Percent 2014 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 20.69% 14.21% 12.61% 12.59% 11.53% 11.46% 10.38% 10.19% 9.52% 7.15% 6.79% 5.84% 5.82% 5.75% 5.23% Trend NEW 0 0 0 0 1 1 1 -3 0 0 3 -1 -2 -2 Employer Morgan Stanley NBCUniversal Nordstrom Procter & Gamble (P&G) U.S. Department of State Bank of America Merrill Lynch Target Facebook U.S. Department of the Treasury Starbucks Central Intelligence Agency Marriott The Boston Consulting Group (BCG) McKinsey & Company Hilton Hotels Corporation Rank 2014 Percent 2014 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 5.04% 5.01% 4.72% 4.47% 4.31% 4.29% 4.20% 4.19% 3.85% 3.84% 3.78% 3.58% 3.48% 3.42% 3.32% Trend 1 -1 -3 1 2 9 1 -5 3 -4 -2 2 11 13 -2 2014 | US | Students | Business 38 The Universum Recruitment Funnel DO STUDENTS KNOW WHO YOU ARE? Awareness WOULD THEY CONSIDER WORKING FOR YOU? ARE YOU THEIR IDEAL EMPLOYER? HAVE THEY APPLIED OR WILL THEY APPLY TO YOU? Consideration Desire Application 2014 | US | Students | Business 39 Considered Employer Ranking | Top 30 Michigan Technological University | Business Employer Google Apple 3M Ford Motor Company Walt Disney Company Johnson & Johnson Microsoft Nike Target The Coca-Cola Co. Wells Fargo & Company Amazon Delta Air Lines General Motors Facebook Rank 2014 Percent 2014 1 2 3 3 5 6 6 6 6 6 6 12 12 12 15 54.55% 48.48% 45.45% 45.45% 42.42% 39.39% 39.39% 39.39% 39.39% 39.39% 39.39% 36.36% 36.36% 36.36% 33.33% Trend 1 8 -2 1 1 13 0 -4 4 4 49 -8 21 -2 18 Employer Procter & Gamble (P&G) State Farm Insurance Boeing Goldman Sachs J.P. Morgan Kellogg Liberty Mutual Major League Baseball (MLB) Sony Yahoo! AT&T Central Intelligence Agency Dell eBay, Inc. General Electric • Below is a list of companies and organizations. For which of these employers would you consider working? Rank 2014 Percent 2014 15 15 18 18 18 18 18 18 18 18 26 26 26 26 26 33.33% 33.33% 30.30% 30.30% 30.30% 30.30% 30.30% 30.30% 30.30% 30.30% 27.27% 27.27% 27.27% 27.27% 27.27% Trend NEW 18 64 1 88 88 15 37 1 23 53 29 7 53 -7 2014 | US | Students | Business 40 Ideal Employer Ranking | Top 20 Michigan Technological University | Business Employer Google Apple Central Intelligence Agency Nike Peace Corps Starbucks Target Under Armour, Inc. American Cancer Society Blizzard Entertainment Rank 2014 Percent 2014 1 2 3 3 3 3 3 3 9 9 21.21% 15.15% 12.12% 12.12% 12.12% 12.12% 12.12% 12.12% 9.09% 9.09% • Now choose the 5 employers you most want to work for, your 5 Ideal Employers. Trend NEW 0 4 30 0 30 3 30 10 24 Employer BMW Group Facebook Major League Baseball (MLB) MGM Resorts International Amazon Boeing Coach Dick's Sporting Goods DOW Chemical FBI Rank 2014 Percent 2014 9 9 9 9 15 15 15 15 15 15 9.09% 9.09% 9.09% 9.09% 6.06% 6.06% 6.06% 6.06% 6.06% 6.06% Trend NEW NEW NEW 24 24 18 18 18 -12 -2 2014 | US | Students | Business 41 Potential Applicant Ranking | Top 10 Michigan Technological University | Business Employer Grant Thornton LLP Peace Corps Amazon Apple BMW Group Central Intelligence Agency Deloitte DOW Chemical EY (Ernst & Young) FBI Rank 2014 Percent 2014 1 1 3 3 3 3 3 3 3 3 8.00% 8.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% 4.00% • Now choose the 5 employers you most want to work for, your 5 Ideal Employers. • Have you applied or will you apply to these companies/organizations? Trend NEW NEW NEW NEW NEW -1 -1 3 -1 9 2014 | US | Students | Business 42 Employer Reputation & Image | Associations with Ideal Employers Michigan Technological University All universities • Which of the following attributes do you associate with each employer? Please select as many as applicable. • Which of these attributes are most important to you? (Max. 3) • The attributes are sorted clockwise according to attractiveness as rated by your students. 12:00 is the most attractive attribute. 2014 | US | Students | Business 43 Job Characteristics | Associations with Ideal Employers Michigan Technological University All universities • Which of the following attributes do you associate with each employer? Please select as many as applicable. • Which of these attributes are most important to you? (Max. 3) • The attributes are sorted clockwise according to attractiveness as rated by your students. 12:00 is the most attractive attribute. 2014 | US | Students | Business 44 People & Culture | Associations with Ideal Employers Michigan Technological University All universities • Which of the following attributes do you associate with each employer? Please select as many as applicable. • Which of these attributes are most important to you? (Max. 3) • The attributes are sorted clockwise according to attractiveness as rated by your students. 12:00 is the most attractive attribute. 2014 | US | Students | Business Remuneration & Advancement Opportunities | Associations with Ideal Employers 45 Michigan Technological University All universities • Which of the following attributes do you associate with each employer? Please select as many as applicable. • Which of these attributes are most important to you? (Max. 3) • The attributes are sorted clockwise according to attractiveness as rated by your students. 12:00 is the most attractive attribute. 2014 | US | Students | Business 46 Top of mind associations with Ideal Employers Michigan Technological University All universities • Please write the first word that comes to mind when you think of these employers. • These are answers written in by students who chose each company as an Ideal Employer. • Spelling mistakes might occur. • The size of the words are adapted for each chart. 2014 | US | Students | Business 47 The Universum communication channels framework PRINT DIGITAL • Advertisements in business magazines • Advertisements in lifestyle magazines & other periodicals • Career guides/books • Career magazines for students • News print media advertisements • Recruitment brochures • University press & student organization publications • Career guidance websites • Employer websites • Job boards • Live webinars with employers • Mobile apps • News websites advertisements • Professional networks/communities • Social networks/communities • Targeted emails IN-PERSON OTHER CHANNELS • Career fairs • Employer presentations on campus • Employer-sponsored events • Informational interviews • Lectures/case studies as part of curriculum • Skills sessions organized by employers • Student conferences • Direct mailings • Outdoor/billboard advertisements • Radio advertisements • TV advertisements 2014 | US | Students | Business 48 Students most used communication channels 48% 52% Employer websites News websites advertisements 19% Lectures/case studies as part of curriculum 19% 14% Social networks/communities 19% Advertisements in lifestyle magazines & other periodicals 15% 13% Professional networks/communities 15% Career fairs 11% Employer presentations on campus 11% Radio advertisements 7% 7% Outdoor/billboard advertisements 32% 20% 24% 14% 7% 9% Student conferences 7% Targeted emails • Through which channels have you learned about these employers? 27% 7% 9% Informational interviews Career guidance websites 32% 11% 11% TV advertisements 37% 4% 11% Michigan Technological University 20% All universities 2014 | US | Students | Business 49 Table of contents APPENDIX EXECUTIVE SUMMARY UNIVERSITY BRAND PERCEPTION CAREER PROFILE EVALUATION EMPLOYER EVALUATION 2014 | US | Students | Business 50 University Brand Perception This chapter evaluates your university brand, as perceived by your current students and by students at other universities in US, who would choose Michigan Technological University if they could begin their studies again. The information and insights in the report will help you to: Monitor the effectiveness of your communication and activities in building a strong university brand. Find out how likely your students are to recommend your university to friends and family members. 2014 | US | Students | Business 51 Why did your students choose your University? (1/2) 50% University rankings 38% 25% Friends 18% 25% Information event at university (e.g. open campus day) 18% 25% Parents 20% 13% 13% Alumni of the university 13% Students of the university 22% Teachers or career guidance counselors at the school I was attending 13% 10% 13% Tuition fees Advertising in print media 40% 1% Career & university fairs • Which of the following influenced you the most to choose your university? Michigan Technological University 10% All universities • The chart shows the top 10 factors that influenced your students when choosing Michigan Technological University. 2014 | US | Students | Business 52 Why did your students choose your University? (2/2) Information event at the school I was attending 8% Media coverage, including articles in newspapers and magazines Offered the option of paid work placement Online advertising Online social networks/communities (e.g. Facebook) 5% 2% 2% 2% Printed promotional material, including catalogues and brochures University directories/guides 6% 4% University's website Videos produced by the university 14% 2% Other • Which of the following influenced you the most to choose your university? 38% 19% Michigan Technological University All universities • The chart shows the top 10 factors that influenced your students when choosing Michigan Technological University. 2014 | US | Students | Business How satisfied are your students with Michigan Technological University? 53 25% 24% 22% 22% 22% 22% 20% 15% 11% 1% 1 Not at all satisfied 1% 2 3% 2% 3 4 4% 5 Michigan Technological University 6% 6 7 All universities 6.8 8.0 is the average score among your students is the average score for all universities • How satisfied are you with your current educational institution? 8 9 10 Extremely satisfied 2014 | US | Students | Business If your students could begin their studies again, would they choose Michigan Technological University? Michigan Technological University All universities 0% 10% 22% 55% 35% 78% Yes, definitely Maybe No, not at all Yes, definitely • If you could begin your studies again at any educational institution, would you choose your current college or university? Maybe No, not at all 54 2014 | US | Students | Business 55 If students could begin their studies again, they would choose… 22% Current college or university 55% 78% Another University 44% 0% Foreign University 1% Michigan Technological University All universities • Which other college or university would you consider instead? 2014 | US | Students | Business 56 If students could begin their studies again | Preferred universities Michigan Technological University University University of Michigan - Ann Arbor Albion College Michigan State University University of California - Los Angeles Rank Percent 1 2 2 2 29% 14% 14% 14% 22% of your students would choose Michigan Technological University if they made the choice again. 78% would choose another university. The most preferred are presented in the table. • If you could begin your studies again at any college or university, which would you choose? • The results are based on respondents who answered ”maybe” or ”No, not at all” in question ”If you could begin your studies again at any educational institution, would you choose your current college or university?” 2014 | US | Students | Business 57 If students could begin their studies again | Preferred universities All universities University University of Texas - Austin Harvard University New York University Stanford University University of California - Los Angeles University of Pennsylvania Columbia University University of Southern California University of Michigan - Ann Arbor University of California - Berkeley Rank Percent 1 2 3 4 5 6 7 8 9 10 5% 5% 4% 4% 3% 3% 3% 2% 2% 2% 55% of the students would choose their current university if they made the choice again. 45% would choose another university. The most preferred are presented in the table. • If you could begin your studies again at any college or university, which would you choose? • The results are based on respondents who answered ”maybe” or ”No, not at all” in question ”If you could begin your studies again at any educational institution, would you choose your current college or university?” 2014 | US | Students | Business 58 Universities with the largest share of loyal students Bowdoin College 100% University of Wisconsin - Madison 80% Brigham Young University 78% Virginia Tech 75% Ohio State University 69% Florida State University 69% University of Michigan - Ann Arbor By loyal students we mean students who would definitely choose their current education institution, if they could begin their studies again. 68% Texas A&M University 67% University of Alabama 67% University of Southern California 67% • If you could begin your studies again at any educational institution, would you choose your current college or university? • The chart presents the universities with the highest share of their students answering that they would choose them again, if they were to begin their studies again. • Only universities with at least 30 respondents are presented in the table. 2014 | US | Students | Business 59 Top of mind associations with Michigan Technological University YOUR STUDENTS • What is the first word that comes to mind when you think of your current educational institution? • These are answers written in by students. • Spelling mistakes might occur. 2014 | US | Students | Business Would your students recommend Michigan Technological University to a friend or family member? 60 42% 38% 25% 25% 14% 13% 15% 10% 6% 5% 1 2% 2% 1% 3 3% 2 4 5 6 7 Not at all Michigan Technological University All universities 7.6 8.2 is the average score among your students is the average score for all universities • How likely is it that you would recommend your educational institution to friends or family? 8 9 10 Extremely likely 2014 | US | Students | Business Evaluation of career services offered by Michigan Technological University • Which of these career services have you used at your educational institution? Please select as many as applicable. • Which of these are most important to you? Please select a maximum of three alternatives. 61 2014 | US | Students | Business 62 Rating of career services 33% 25% 23% 23% 17% 17% 15% 8% 7% 9% 8% 8% 3% 1% 1 2% 1% 2 3 4 5 6 7 Poor 8 9 10 Excellent Michigan Technological University All universities 7.6 7.7 is the average score among your students is the average score for all universities • How would you rate the career services offered at your educational institution? 2014 | US | Students | Business 63 Are students aware of all career services you provide? Career advice by professors and lecturers 55% 45% Career fairs at university 73% Career guidance material (e.g. brochures, guidance website, newsletter) 45% Company workshops/presentations organized by the university Job application preparation/training Online vacancy search/job board with external offers Services offered by the departmental/faculty career service Services offered by the university's central career service Aware and using Aware, but not using • Are you aware of/do you use the following career related services offered by your university? 27% 36% 9% 64% 36% 9% 27% 9% 55% 45% 40% 45% Unaware, but would use 9% 36% 18% 40% 20% 45% Unaware and wouldn’t use 9% 2014 | US | Students | Business 64 Table of contents APPENDIX EXECUTIVE SUMMARY UNIVERSITY BRAND PERCEPTION CAREER PROFILE EVALUATION EMPLOYER EVALUATION 2014 | US | Students | Business 65 Educational institutions (1/11) University Total University Total Arizona State University University of Houston CUNY Baruch College Michigan State University Ohio State University Texas A&M University Pennsylvania State University University of Central Florida Georgia State University University of Georgia California State University - Northridge Florida State University Boston University University of Missouri - Columbia 1.6% 1.4% 1.4% 1.2% 1.2% 1.1% 1.1% 1.0% 1.0% 1.0% 0.9% 0.9% 0.9% 0.9% University of Florida University of Illinois - Urbana-Champaign University of Texas - San Antonio University of Maryland - College Park Texas Tech University University of South Carolina - Columbia Temple University DePaul University Rutgers University - New Brunswick Syracuse University University of Texas - Austin University of Arizona Louisiana State University Northeastern University 0.9% 0.9% 0.9% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% 0.8% • Which educational institution do you attend? 2014 | US | Students | Business 66 Educational institutions (2/11) University Total University Total University of Minnesota - Twin Cities Kennesaw State University Oklahoma State University University of Tennessee University of Southern California New York University University of Wisconsin - Madison Florida Atlantic University University of South Florida California State University - Long Beach Purdue University Kent State University University of Massachusetts - Amherst California State University - Fullerton 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% 0.7% Virginia Tech Brigham Young University University of Kansas University of Arkansas - Fayetteville Auburn University CUNY Queens College University of Iowa CUNY Brooklyn College Colorado State University University of Oklahoma Indiana University Towson University Eastern Michigan University University of Cincinnati 0.7% 0.7% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% 0.6% • Which educational institution do you attend? 2014 | US | Students | Business 67 Educational institutions (3/11) University Total University Total George Mason University University of Nebraska - Lincoln University of North Carolina - Chapel Hill Portland State University University of Mississippi James Madison University University of Washington - Seattle University of Delaware University of North Florida Miami University of Ohio Ball State University Florida International University University of Colorado - Boulder University of New Mexico 0.6% 0.6% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% 0.5% Indiana University of Pennsylvania University of California - Riverside Fordham University University of Pennsylvania Baylor University Boston College Northern Arizona University Northern Kentucky University University of Hawaii University of North Texas University of Oregon Bentley University California Polytechnic State University - San Luis Obispo University of California - Berkeley 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% • Which educational institution do you attend? 2014 | US | Students | Business 68 Educational institutions (4/11) University Total University Total New Mexico State University Cornell University University of Michigan - Ann Arbor University of California - Santa Barbara Drexel University San Diego State University Texas State University - San Marcos University of Texas - Dallas Clemson University Old Dominion University Texas Christian University Kansas State University Rutgers University - Newark University of Miami 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% 0.4% Loyola University - Chicago University of California - Los Angeles California State University - Fresno Villanova University Howard University Southern Methodist University SUNY Albany Appalachian State University Utah State University Northwestern University University of San Francisco George Washington University University of Virginia University of Alabama 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% • Which educational institution do you attend? 2014 | US | Students | Business 69 Educational institutions (5/11) University Total University Total St. Joseph's University University of Massachusetts-Lowell College of Charleston CUNY Medgar Evers College East Carolina University Florida A&M University Montclair State University University of Illinois - Chicago University of Rhode Island University of South Alabama Washington State University Robert Morris University University of Notre Dame Tulane University 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% Santa Clara University SUNY Stony Brook Georgia Institute of Technology Boise State University University of Kentucky University of Texas - Arlington University of Wisconsin - Milwaukee SUNY Binghamton Indiana State University University of Dayton Loyola Marymount University University of Michigan - Dearborn Central Michigan University CUNY College of Staten Island 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.3% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% • Which educational institution do you attend? 2014 | US | Students | Business 70 Educational institutions (6/11) University Total University Total Georgia Southern University Iowa State University North Carolina State University - Raleigh Southeastern Louisiana University University of Akron University of Nevada - Las Vegas University of Texas - El Paso Western Washington University Morgan State University Chapman University Georgetown University Marshall University SUNY Buffalo Rhode Island College 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% Emory University Ramapo College Rochester Institute of Technology American University Middle Tennessee State University University of California - Davis University of California - Santa Cruz University of Connecticut Wichita State University Virginia Commonwealth University University of Vermont Babson College Hampton University Wake Forest University 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% • Which educational institution do you attend? 2014 | US | Students | Business 71 Educational institutions (7/11) University Total University Total Fairfield University Arkansas State University Illinois State University Murray State University Northern Illinois University University of California - Irvine University of Louisville University of North Carolina - Charlotte University of Northern Colorado University of San Diego West Virginia University Western Kentucky University University of Richmond Harvard University 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% Bradley University Lehigh University California Polytechnic State University - Pomona California State University - Chico California State University - San Marcos Clark Atlanta University Mississippi State University Missouri State University Oregon State University San Jose State University Texas Pan American University University of Colorado - Denver University of Idaho University of Northern Iowa 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% 0.2% • Which educational institution do you attend? 2014 | US | Students | Business 72 Educational institutions (8/11) University Total University Total University of Utah Wayne State University Seton Hall University University of Puerto Rico Rutgers University - Camden Washington University in St. Louis Prairie View A&M University University of Washington - Bothell Bowling Green State University CUNY Hunter College CUNY New York City College of Technology Eastern Illinois University Marquette University North Dakota State University 0.2% 0.2% 0.2% 0.2% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% University of Alaska - Fairbanks University of Massachusetts-Dartmouth University of Toledo University of Wisconsin - Whitewater College of William and Mary Butler University Fairleigh Dickinson University University of Chicago University of Maryland - Baltimore County Brown University Columbus State University Creighton University Idaho State University Providence College 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% • Which educational institution do you attend? 2014 | US | Students | Business 73 Educational institutions (9/11) University Total University Total Radford University Regis University Southern Illinois University Texas Southern University University of Central Missouri University of Denver University of Maine University of Pittsburgh University of West Georgia Western Connecticut State University Youngstown State University Columbia University Morehouse College Vanderbilt University 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% Alabama A&M University Bryant University Cleveland State University Fort Hays State University Saginaw Valley State University Southern Utah University St. Cloud State University Tennessee State University Trinity University Truman State University University of New Hampshire University of Ohio University of St. Thomas - St. Paul University of Wyoming 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% • Which educational institution do you attend? 2014 | US | Students | Business 74 Educational institutions (10/11) University Total University Total Western Michigan University Wright State University Xavier University Stanford University Michigan Technological University Yale University Carnegie Mellon University Duke University New Jersey Institute of Technology St. John's University Rensselaer Polytechnic Institute University of Evansville Texas Woman's University Dartmouth College 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% Tuskegee University University of Rochester Princeton University Bucknell University Case Western Reserve University La Salle University Manhattan College Pace University - New York City Pace University - Westchester Southern New Hampshire University Southern University and A&M College St. Louis University University of Mary Washington University of Missouri-St. Louis 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% • Which educational institution do you attend? 2014 | US | Students | Business 75 Educational institutions (11/11) University Total University Total University of New Orleans Lafayette College Massachusetts Institute of Technology Alcorn State University Johns Hopkins University Rice University Tufts University Embry-Riddle Aeronautical University - Daytona Beach Barnard College California State University - Dominguez Hills CUNY City College DePauw University Hofstra University Keene State College Lewis University North Carolina A&T State University 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Oakland University South Dakota State University Stevens Institute of Technology University of California - San Diego University of Louisiana at Lafayette Bowdoin College Wesleyan University Smith College Huston-Tillotson University Spelman College Worcester Polytechnic Institute Mills College Kettering University California Institute of Technology Rose-Hulman Institute of Technology Other 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 5.2% • Which educational institution do you attend? 2014 | US | Students | Business 76 Areas of study BUSINESS/COMMERCE (1/3) Area of study Accounting / Auditing / Taxation Marketing Management Management Information Systems Finance Actuarial Science Supply Chain Management Business Administration & Management Economics Human Resource Management International Business Non-Profit Administration Operations Project Management Sports Management • Please select your major(s)/main area(s) of study. Michigan Technological University 24% 24% 18% 12% 9% 6% 6% 3% 3% 3% 3% 3% 3% 3% 3% All universities 25% 16% 10% 4% 20% 1% 3% 9% 11% 4% 6% 1% 1% 1% 2% 2014 | US | Students | Business 77 Areas of study BUSINESS/COMMERCE (2/3) Area of study Statistics Strategic and Organizational Communication Advertising Banking Broadcasting, Telecommunications, and Mass Media Business Law Communication Studies Digital Communications and Multimedia Entrepreneurial Studies Film and Media Arts Financial Management Financial Planning Healthcare Administration Hospitality Management Industrial Management • Please select your major(s)/main area(s) of study. Michigan Technological University 3% 3% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% All universities 2% 1% 4% 2% 1% 1% 4% 2% 3% 2% 2% 2% 3% 2% 0% 2014 | US | Students | Business 78 Areas of study BUSINESS/COMMERCE (3/3) Area of study Information, Risk & Operations Management (IROM) Insurance Journalism Labor Studies Logistics Merchandising & Retail / Fashion Apparel Prelaw Public Administration & Policy Public Relations Radio and Television Real Estate Restaurant Management Sales Speech Communication Tourism Undeclared Other Business • Please select your major(s)/main area(s) of study. Michigan Technological University 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 6% All universities 1% 1% 2% 0% 1% 1% 1% 1% 3% 1% 1% 0% 1% 0% 1% 2% 5% 2014 | US | Students | Business 79 The Universum Career Profiles (1/2) The Universum Career Profiles are based on the Universum Drivers of Employer Attractiveness. Different attribute selections produce different Career Profiles. To match a certain profile, a minimum amount of points must be reached. CAREERIST • Prestige (3) • Recruiting only the best talent (3) • Clear path for advancement (3) • Market success (1) • Professional training and development (1) • • • • Sponsorship of future education (2) Rapid promotion (3) Recognizing performance (meritocracy) (2) Good reference for future career (3) 12 out of 21 points ENTREPRENEUR • Fast-growing/entrepreneurial (3) • A creative and dynamic work environment (3) • Challenging work (1) • Variety of assignments (1) • Innovation (2) • Attractive/exciting products and services (1) 6 out of 11 points HARMONIZER • Respect for its people (2) • Enabling me to integrate personal interests in my schedule (3) • Team-oriented work (1) • • • • 7 out of 15 points Secure employment (2) Control over my number of working hours (3) Flexible working conditions (3) Overtime pay/compensation (1) 2014 | US | Students | Business 80 The Universum Career Profiles (2/2) HUNTER • Competitive base salary (3) • High future earnings (3) • Performance-related bonus (2) • Competitive benefits (1) • Client interaction (1) • Financial strength (1) 6 out of 11 points IDEALIST • A friendly work environment (1) • Ethical standards (3) • Corporate Social Responsibility (3) • Environmental sustainability (3) • Support for gender equality (2) • Acceptance towards minorities (2) 6 out of 14 points INTERNATIONALIST • Opportunities for international travel/relocation (3) • Interaction with international clients and colleagues (3) 6 out of 6 points • High level of responsibility (2) • Inspiring management (2) 5 out of 10 points LEADER • Leadership opportunities (3) • Leaders who will support my development (3) 81 ARE YOU INTERESTED IN GETTING MORE INSIGHTS ABOUT STUDENTS, OR EMPLOYERS ? 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