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
achieve their short - and long-term career goals by:
Developing their lifelong
career management skills
Cultivating employer
relationships
Student advising
Skill-based
programs and
workshops
Alignment
with other school
departments
(admissions,
external affairs,
faculty, etc.)
Collaboration with student
clubs & organizations
Providing access to the
highest caliber resources
and job opportunities
Comprehensive
website &
recruiting systems
Employer outreach
Top rated recruiting
services and facilities
THE MBACM TEAM
INDUSTRY
CAREER
ADVISORS
Consulting | Entreprenuership
Ivan Kerbel
Biotech | Pharmaceuticals | Healthcare
Elissa Harris
Investment Banking
Maryellen Reilly Lamb
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
RECRUITING
RELATIONSHIP
MANAGERS
Michelle Hopping
Anthony Penna
Sara Simons
Jennifer Savoie
Virginia Jennings
Chris Higgins
Ursula Maul
Kristi Schlegel-Miller
Cara Costello
Rebecca Hollander
Shannon Connelly
Sources of Job Offers at Wharton
WG'08 Internships
WG'07 Full Time
Off-campus
recruiting
62%
62%
62%
38%
38%
38%
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
27.4%
24.4%
Invesment Banking/ Brokerage
Privat e Equit y/ VC/ Buyout s/ Ot her
8.2%
Technology
7.1%
Invest ment Management
6.5%
Hedge Funds/ Ot her Invest ement s
5.5%
Consumer Product s/ Ret ail
4.5%
Healt hcare
4.3%
Real Est at e
4.2%
Diversif ied Financial Services
2.7%
Media & Ent ert ainment
1.6%
Energy
1.2%
Aut o/ Manuf act uring
1.2%
Public Int erest
1.2%
0%
5%
10%
15%
20%
25%
30%
Internship Positions for Accepted Offers (WG'08)
Invesment Banking/ Brokerage
29.0%
Consult ing
17.7%
Technology
6.9%
Privat e Equit y/ VC/ Buyout s/ Ot her
6.6%
Invest ment Management
6.4%
Healt hcare
6.0%
Real Est at e
4.9%
Hedge Funds/ Ot her Invest ement s
4.8%
Consumer Product s/ Ret ail
4.4%
Media & Ent ert ainment
3.4%
Diversif ied Financial Services
3.3%
Public Int erest
2.9%
Aut o/ Manuf act uring
2.5%
Energy
0.8%
0%
5%
10%
15%
20%
25%
30%
35%
Full Time Median Compensation Trends
$180,000
$165,000
$160,000
$135,000
$140,000
$120,000
$137,000
$117,500
Other Comp
Median Signing Bonus
$100,000
$80,000
Median Base Salary
$60,000
$40,000
$20,000
$0
2004
2005
2006
2007
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
Ivan Kerbel
Biotech | Pharmaceuticals | Healthcare
Elissa Harris
Investment Banking
Maryellen Reilly Lamb
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
RECRUITING
RELATIONSHIP
MANAGERS
Michelle Hopping
Anthony Penna
Sara Simons
Jennifer Savoie
Virginia Jennings
Chris Higgins
Ursula Maul
Kristi Schlegel-Miller
Cara Costello
Rebecca Hollander
Shannon Connelly
Career Management Process
Offer(s)
SelfAssessment
Industry/
Company
Research
Networking
Job Search
Letters &
Resumes
Interview
Preparation
Negotiating
J
o
b
Job Experience
MBTI
Career
Leader
Industry
Chats
Developing
Your Pitch
Wet Feet
Guides
Business
Etiquette
MBACM
website
EISs
Creating
Effective
Resumes
Wharton
Interview
Workshop
Writing
Effective
Cover
Letters
Interview
Stream
Mock
Interview
Program
N
e
w
Managing
Your Offer
From Your
Summer
Employer
Negotiating
Your Offer
THE MBACM TEAM
INDUSTRY
CAREER
ADVISORS
Consulting
Ivan Kerbel
Biotech | Pharmaceuticals | Healthcare
Elissa Harris
Investment Banking
Maryellen Reilly Lamb
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
RECRUITING
RELATIONSHIP
MANAGERS
Michelle Hopping
Anthony Penna
Sara Simons
Jennifer Savoie
Virginia Jennings
Chris Higgins
Ursula Maul
Kristi Schlegel-Miller
Cara Costello
Rebecca Hollander
Shannon Connelly
THE MBACM TEAM
INDUSTRY
CAREER
ADVISORS
Consulting
Ivan Kerbel
Biotech | Pharmaceuticals | Healthcare
Elissa Harris
Investment Banking
Maryellen Reilly Lamb
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
RECRUITING
RELATIONSHIP
MANAGERS
Michelle Hopping
Anthony Penna
Sara Simons
Jennifer Savoie
Virginia Jennings
Chris Higgins
Ursula Maul
Kristi Schlegel-Miller
Cara Costello
Rebecca Hollander
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 mba.admissions@wharton.upenn.edu
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