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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. 2011 2012 2013 2014 Placement** 57% 38% 41% ??? Placement*** 16% 18%
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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 2011 2012 2013 2014 Placement** 57% 38% 41% ??? Placement*** 16% 18% US Citizen 38% 100% Foreign Nat’l 11% 13% ** 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 MBAsvs 73% last year • 44% of Companies plan to hire MSFsvs 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
TOP THREE METHODS BY DEGREE MBA MSF Internships Search Firms Networking • Career Services • Internships • School Job Boards
“6Ps” • Pre-search Planning • Professionalism • Personal Presentation • Positive Attitude • Passion • Practice
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 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!