AGENDA • • • • • Placement Stats @ Krannert GMAC survey results ( both recruiters & students ) Job search process Managing the visa challenge Final thoughts MSF STATS @ Krannert last 4 years Placement** Placement*** 2011 2012 2013 2014 57% 38% 41% 16% ??? 18% 38% 11% 100% 13% US Citizen Foreign Nat’l ** 6 months after graduation *** at time of graduation GRADUATE MANAGEMENT ADMISSIONS COUNCIL (GMAC - Survey) 565 employers globally participated 3049 graduate students participated WHY DO COMPANIES HIRE MASTERS STUDENTS ? • Ability to think outside the box • Have leadership potential needed and comfortable working in teams • Provide a strategic focus, acumen, and proven ability to perform • Short learning curve and ambition • Overall awareness about market/industry • Hunger to apply what they’ve learned and achieve more HIRING TRENDS • 80% of Companies plan to hire MBAs vs 73% last year • 44% of Companies plan to hire MSFs vs 39% last year • US companies foresee slight growth in both MBA and MSF hires • European companies will be relatively flat for these programs • Asian-Pacific companies forecast the greatest hiring growth (45%vs37%), with a focus on specialized programs • Employers seeking graduates who are highly proficient in communication skills MSF JOB SEARCH PROCESS • • • • • • • START NOW !!!! DEVELOP SOFT SKILLS !!!! MAKE PART OF YOUR CURRICULUM !!!! MAKE IT A GLOBAL SEARCH !!!! BE OPEN TO VARIOUS ROLES !!!! METHODS !!!! “6 PS” !!!! SOFT SKILL DEVELOPMENT • Get out of your “COMFORT ZONE” • Actively participate in student clubs other than your concentration • Interact with students other than MSFs @ Wednesday’s social hour • Participate in case competitions if possible • Attend alumni events and meet/engage them • Attend speaker series events • Attend city treks when you can • Interact socially after classes when other Masters students VARIOUS ROLES Investment banking Comercial Banking ( Credit ) Corporate Finance (Treasury, M&A) (Analyst) Investment management ( wealth or asset mgr. ) Consulting TOP THREE METHODS BY DEGREE MBA Career Services Internships School Job Boards MSF Internships Search Firms Networking “6Ps” • • • • • • Pre-search Planning Professionalism Personal Presentation Positive Attitude Passion Practice MANAGING THE VISA PROCESS MANAGING THE VISA PROCESS • Take “Personal Responsibility” to understand • Contact Purdue’s ISS department to review your personal situation before beginning job search • Do not take advice from friends or personal chatrooms FINAL THOUGHTS • • • • • Start Early and keep it going !!! Communicate effectively !!! Utilize your KPDC coach/faculty/friends/alumni for advice !!! Understand the Visa process !!! Globalize your search and include contingencies from the start !!! • Stay with it … this can be a long process !!! • Maintain a Positive attitude !!! • Start Early and keep it going !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!