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Career Module Phase 2: Market Exploration. GMAC Recruiters Survey 2008 Participants. Mid-February to Mid-March 2008 2307 participating recruiters and hiring managers referred by 129 MBACSC member schools 1552 companies represented worldwide 173 of the US Fortune 500
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Career Module Phase 2: Market Exploration
GMAC Recruiters Survey 2008 Participants • Mid-February to Mid-March 2008 • 2307 participating recruiters and hiring managers referred by 129 MBACSC member schools • 1552 companies represented worldwide • 173 of the US Fortune 500 • 126 of Global Fortune 500
GMAC Recruiters Survey 2008 GDP change 200-2008
GMAC Recruiters Survey 2008 Actual vs Expected Hires 05-08 “Employers expect they will hire 12.9 new MBA graduates on average in 2008 – close to the number hired in 2006”
GMAC Recruiters Survey 2008 Actual and expected hiring by degree
GMAC Recruiters Survey 2008 Top Five Reasons for Hiring MBA Grads
GMAC Recruiters Survey 2008 “An MBA graduate with 1-5 yrs of work experience is likely to be much better compensated than any other graduating student with similar work experience”
GMAC Recruiters Survey 2008 “Planned structured MBA hiring accounts for 65% of their hiring”
GMAC Recruiters Survey 2008 NOTE: “A typical MBA graduate is most likely to have 4 to 5 yrs of work experience, be hired by U.S. consulting firms, acquire a mid-level position, and earn a salary that is almost double that of a recent BA graduate.”
Local Employer Industries Suppliers Traded / Export Sector Outside OR
45% would change Careers New Title Old Title Old Industry Old Industry Old Title New Title New Industry New Industry
Goal Setting The New You As you are Now Objective 1 Objective 2 Objective 3
Short Term Goals: Stretch Target, Plan B, Back-up Plan