FALL 2015 RECRUITING TRENDS SURVEY

Transcription

1 FALL 2015 RECRUITING TRENDS SURVEY

2 Methodology Survey fielded via Qualtrics from December 9, 2015 January 8, programs responded to the survey Results are compared to the Fall 2014 survey fielded in January 2015, when 77 schools responded This year s survey was expanded to include Working Professional MBA Programs and Specialized Masters Programs

3 Respondent Profile

4 78% of respondents were North American universities. Total may not add up to 100% due to rounding.

5 A slight majority of responding programs were from public universities.

6 A majority of respondents serve FT MBA programs PT MBAs includes working professional programs, excluding Executive MBAs

7 Full-time MBA Students

8 89% of respondents will graduate 300 or fewer FT MBA students this year. < 100

9 85% of respondents said their FT program was ranked in recent media rankings. Where was your full-time MBA program ranked in any of the most recent national/international rankings? (Bloomberg Business Week, U.S. News, Forbes, Financial Times, The Economist)

10 A majority of schools have FT MBA programs less than 2 years in length. Totals will add up to more than 100% because respondents were asked to select all programs they offer.

11 65% of respondents experienced increased on-campus recruiting this year compared to the same time last year; 9% experienced a decrease. 64% experienced an increase in the Fall 2014 survey. Overall, how do full-time, on-campus opportunities for FT MBA students compare YTD versus last year?

12 Full-time, on-campus opportunities increased for FT MBAs regardless of a school s ranking. % Reporting Change in On-campus Recruiting School Rank 1 to to to 100 Not ranked Up 61% 83% 50% 70% Flat 13% 12% 25% 2% Down 17% 0% 12% 10% Too soon to tell Total respondents 8% 4% 12% 0%

13 61% of respondents reported increased full-time postings this fall while 6% reported a decrease when compared to the same time last year. 79% experienced an increase in the Fall 2014 survey. Overall, how do full-time postings (off-campus opportunities) for FT MBA students compare YTD versus last year?

14 Full-time postings increased for FT MBAs across all categories of rankings. % Reporting Change in Full-time Postings School Rank 1 to to to 100 Not ranked Up 43% 80% 61% 50% Flat 30% 16% 26% 50% Down 22% 0% 4% 0% Too soon to tell Total respondents 4% 4% 8% 0%

15 Most industries experienced a smaller level of increase compared with last year. Percent of respondents experiencing increased full-time recruiting activity in this industry. 0% 10% 20% 30% 40% 50% 60% 70% Consulting Consumer Packaged Goods Financial Services Government Manufacturing Media/Entertainment Non-profit Energy Retail Pharma/Biotech/HC Products Real Estate Technology Healthcare (incl. products & svcs) Hospitality Transportation & logistics svcs Other Note: New industries were added in the 2015 version of the Standards for Reporting MBA Employment Statistics

16 The biggest decrease compared with 2014 was in the Energy industry. Percent of respondents experiencing decreased full-time recruiting activity in this industry. 0% 5% 10% 15% 20% 25% Consulting Consumer Packaged Goods Financial Services Government Manufacturing Media/Entertainment Non-profit Energy Pharma/Biotech/HC Products Retail Real Estate Technology Healthcare (incl. products & svcs) Hospitality Transportation & logistics svcs Other Note: New industries were added in the 2015 version of the Standards for Reporting MBA Employment Statistics

17 The largest increase by organization type was seen in Fortune 500 businesses. What changes in full-time recruiting activity for FT MBA students have you seen with the following types of organizations?

18 56% of respondents experienced increased on-campus recruiting this year for FT International students* compared to last year. 23% experienced an increase in the Fall 2014 survey. *Defined as students who do not have permanent work authorization in the country or region where the school is located.

19 Full-time job opportunities for FT International MBA students decreased or stayed the same for most schools.

20 Of the schools reporting an increase in recruiting for FT International students, the largest increases were in the Technology and Consulting industries.

21 Internship opportunities for FT International MBA students decreased or stayed the same for most schools.

22 The biggest increases by industry for FT Internships were in Technology and Consulting.

23 Part-time MBA Students/Working Professionals (not including EMBAs)

24 79% of respondents will graduate 300 or fewer PT MBA students this year. < 100

25 55% of respondents said their PT program was ranked in recent media rankings. Where was your part-time MBA program ranked in any of the most recent national/international rankings? (Bloomberg Business Week, U.S. News, Forbes, Financial Times, The Economist)

26 46% of respondents experienced increased on-campus recruiting this year compared to the same time last year. Most respondents indicated recruiting was flat. Overall, how do full-time, on-campus opportunities for PT MBA students compare YTD versus last year?

27 Full-time, on-campus opportunities increased for PT MBAs regardless of a school s ranking. % Reporting Change in On-campus Recruiting School Rank 1 to to to 100 Not ranked Up 75% 70% 50% 56% Flat 12% 30% 33% 44% Down 0% 0% 0% 0% Too soon to tell Total respondents 12% 0% 17% 0%

28 64% of respondents reported increased full-time postings this fall compared to the same time last year. Overall, how do full-time postings (off-campus opportunities) for PT MBA students compare YTD versus last year?

29 Full-time postings increased for PT MBAs across all categories of rankings. % Reporting Change in Full-time Postings School Rank 1 to to to 100 Not ranked Up 43% 55% 50% 40% Flat 57% 45% 33% 60% Down 0% 0% 0% 0% Too soon to tell Total respondents 0% 0% 17% 0%

30 The industries that experienced the largest increase in recruiting activity were Technology and Consulting. Percent of respondents experiencing increased full-time recruiting activity in this industry.

31 The industries that experienced the largest decrease in recruiting activity were Government and Energy. Percent of respondents experiencing decreased full-time recruiting activity in this industry.

32 The largest increase by organization type was seen in Fortune 500 businesses. What changes in full-time recruiting activity for PT MBA students have you seen with the following types of organizations?

33 52% of respondents experienced increased on-campus recruiting this year for PT International students* compared to last year. *Defined as students who do not have permanent work authorization in the country or region where the school is located.

34 The biggest increases by industry for PT International MBA students were Technology, Consulting, Transportation & Logistics Services and Financial Services.

35 Specialized Masters Students

36 79% of respondents will graduate 300 or fewer PT MBA students this year. < 100

37 46% of respondents said their Specialized Masters program(s) was ranked in recent media rankings. Where was your part-time MBA program ranked in any of the most recent national/international rankings? (Bloomberg Business Week, U.S. News, Forbes, Financial Times, The Economist)

38 55% of respondents experienced increased on-campus recruiting this year compared to the same time last year. Overall, how do full-time, on-campus opportunities for Specialized Masters students compare YTD versus last year?

39 Full-time, on-campus opportunities increased for Specialized Masters programs regardless of a school s ranking. % Reporting Change in On-campus Recruiting School Rank 1 to to to 100 Not ranked Up 64% 67% n/a 50% Flat 36% 36% n/a 19% Down 0% 0% n/a 4% Too soon to tell Total respondents 0% 0% n/a 27%

40 55% of respondents reported increased full-time postings this fall compared to the same time last year. Overall, how do full-time postings (off-campus opportunities) for Specialized Masters students compare YTD versus last year?

41 Full-time postings increased for Specialized Masters programs regardless of a school s ranking. % Reporting Change in Full-time Postings School Rank 1 to to to 100 Not ranked Up 60% 67% n/a 50% Flat 40% 33% n/a 21% Down 0% 0% n/a 8% Too soon to tell Total respondents 0% 0% n/a 21%

42 The industries that experienced the largest increase in recruiting activity were Financial Services and Technology. Percent of respondents experiencing increased full-time recruiting activity in this industry.

43 The industries that experienced the largest decrease in recruiting activity were Energy and Healthcare. Percent of respondents experiencing decreased full-time recruiting activity in this industry.

44 The largest increase by organization type was seen in start-ups and Fortune 500 businesses. What changes in full-time recruiting activity for Specialized Masters students have you seen with the following types of organizations?

45 66% of respondents experienced increased on-campus recruiting this year for Specialized Masters program International students* compared to last year. *Defined as students who do not have permanent work authorization in the country or region where the school is located.

46 The biggest increases by industry for Specialized Masters International students were Technology and Financial Services.

47 63% of respondents reported increased off-campus opportunities for internships for Specialized Masters students this fall compared to the same time last year.

48 53% of respondents reported increased on-campus opportunities for internships for Specialized Masters students this fall compared to the same time last year.

49 71% of respondents said internship opportunities for International Specialized Masters students stayed the same compared to last Fall. *Defined as students who do not have permanent work authorization in the country or region where the school is located.

50 The biggest increases for internship recruiting for Specialized Masters programs were Financial Services and Technology.

51 Anecdotal Responses

52 Schools are seeing the following trends in the overall global graduate business job market: Overall improvement in the job market Increased challenges for International students due to H-1B Visa restrictions Continued interest from employers in Consulting and Technology industries Some schools are seeing earlier offers for internships and full-time positions Some students are focusing their job search on less traditional companies, such as start-ups and smaller firms

53 Schools shared a wide variety of ways they are helping graduating students with their job search: Career-related webinars prior to new student orientation Increase in virtual events for existing students Workshops on out-of-state job search Increase in company treks Moving away from traditional company presentations and focusing on case competitions and other ways of engagement Mentoring programs for International students Building relationships with start-ups and incubators

54 Summary Full-time job postings and on-campus recruiting continues in an upward trend across all programs, regardless of a school s ranking. Traditional MBA industries such as technology and consulting are continuing to increase, albeit slightly less than last year for Full-time MBAs. Financial Services was more likely to increase for Specialized Masters students. Fortune 500 firms are doing more recruiting across all programs. Job opportunities for International students saw a slight decrease, which can be attributed to changes in Visa restrictions for U.S.-based schools.