The Penn State Smeal MBA Program. EMPLOYER RELATIONS Penn State Smeal MBA Program

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1 EMPLOYER RELATIONS Penn State Smeal MBA Program

2 EMPLOYER RELATIONS Part I Introduction & Overview

3 Introductions of ER Staff Paul Poissant - Director, MBA Employer Relations Carol Lockard - Manager, MBA Employer Relations Fang (Felicia) Li - 13 Graduate Assistant Michael Bassani - 14 Graduate Assistant

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5 ER Primary Responsibilities Liaison between MBA Program and employers (VOC) Maintain current employer relationships Prospect and build new relationships Many activities linked to employer/college relations

6 Our external facing (virtual) roles mean you will see less of ER The Penn State Smeal MBA Program

7 Our external facing (virtual) roles mean you will see less of ER SMEAL MBA Class of 2014 But Mike & Emily will show you the love!

8 ER Communication Channels Open Office Hours on M & TH (Buzz) Scheduled Appointments Felicia & Mike (GAs) SmealConnect & MBA Exchange & List-Serve The Recruiter Report

9 Observations About MBA Employers GMAC 2012 Corporate Recruiters Survey 1,096 Recruiters from more than 800 firms ~ Simpson : Scarborough 40 In-Depth Interviews

10 Key Criteria For Selecting Schools Quality of Students (78%) Past Experience at School (46%) Reputation of School (37%) Existing Relationship with School (35%) Influence of Alumni (32%) Location of School (30%) Source: GMAC Survey

11 Primary Methods For Recruiting Employee Referrals 71% On-Campus Recruitment 65% Company Website 65% Past and Present Interns 62% Online Job Search / Job Boards 55% Career Fairs 50% Source: GMAC Survey

12 Additional Observations 1. Large companies (25,000+) tend to maximize school-related techniques, particularly in the U.S. where 91% recruit oncampus for talent. 2. Employee referrals (79%) and company websites are the most popular methods for mid-size firms. 3. Small employers (<1,000) are more likely to forego schoolrelated recruitment methods. Source: GMAC Survey

13 Factors Recruiters Consider When Selecting Candidates to Interview Function of Past Work Experience (61%) Industry of Past Work Experience (51%) Years of Past Work Experience (44%) Graduate Degree Area of Study (40%) School / Institution (36%) Source: GMAC Survey

14 Desired Qualities Final Hiring Decision Makers Seek in Applicants Leadership (51%) Achievement / Goal Orientation (46%) Ability to Deal with Pressure (44%) Initiative (44%) Integrity (38%) Motivation (36%) Professionalism (35%) Source: GMAC Survey

15 (Frequency of response shown in relation to text size) Source: Simpson : Scarborough

16 We focus on what their full-time experience was between obtaining their undergraduate and graduate degrees. The type of person I m looking for has strong analytics and the long-term potential to be a leader. Source: Simpson : Scarborough

17 Observations by Smeal Employers on International Students Sixty-four percent of employers in survey were interested in interviewing international students. Of those hiring international students, half are looking to fill positions in U.S. International hires must possess an exceptional skill set not readily found in domestic applicants. Source: Simpson : Scarborough

18 Doing Business at PSU and Smeal, as an Employer PSU Career Services is large scale (more rigid) Smeal MBA is small scale (more flexible) Centralized versus de-centralized approach Blending of vast resources and personal focus Challenge of being seamless to employers in regards to policies and systems

19 EMPLOYER RELATIONS Part II - SmealConnect

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21 SmealConnect The Top 5 Mistakes: 1. Update resume and do not make it your default resume 2. Not reading the full description regarding how to apply for the job (on SmealConnect and company web site) 3. Attaching a cover letter with the wrong company name 4. A cover letter and/or resume with typo s. 5. Not learning how to maneuver through the system Where is the position description for the job that I applied for? Job Postings-> Non On-Campus Interview Applications tab

22 QUESTIONS? The Penn State Smeal MBA Program