what recruiters want by consult shravan
DESCRIPTION
This is a presentation on what recruiters expect from MBA students plua a insight into factors students should look at as they enter the workplace.TRANSCRIPT
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The X Factor-
What Recruiters Want from MBA s
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The TopMBA.com Recruiter Survey (conducted each year
since 1990 between February and May) shows that, overall,
recruiters are satisfied with MBAs, rating them 2.3 (where 3
represents highly satisfied).
The TopMBA.com Recruiter Survey
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The TopMBA survey found that, whilst almost all employers were satisfied with analytical, language and technical skills possessed by MBAs, there was a common feeling that business schools are still not doing enough to develop these softer skills (as shown in chart).
The Top MBA Survey- CHART
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In a recent survey of 508 MBA employers from around the
world, QS TopMBA found that; people skills, strategic thinking,
and leadership were the three most important qualities for their
MBA hires.
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A separate survey of MBA recruiters by Said Business School also identified soft skills - communication, entrepreneurship and creativity as of greatest importance.
MBA Survey Reinforcement
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Recruiters hire MBA’s for the X Factor
� When recruiters hire MBA’s : They look for the X factor
� the X-factor can best be described as an entrepreneurial spirit or a drive and enthusiasm that makes this person stand
out from the crowd.
� This trait may not be unique to MBAs, but when you add in other requirements, namely
�a requirement for academic rigour, a breadth of understanding of general management, proven leadership
skills, language ability and geographic flexibility,
� it’s not surprising that an MBA becomes almost mandatory to the hiring profile.
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�Most MBA employers take the analytical and problem
solving skills as a given when they look at MBAs. They
really do focus on the soft skills when they make their
hiring decisions
�“A course in soft management skills, combined with
several live consulting assignments with real clients,
help to develop “the leadership and personal skills of
our MBAs” Manchester Business school”
The Bottomline
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� Investment banks place emphasis on problem solving and initiative
� They want people who have been successful in their former careers, no matter what their background.
� In an industry renowned for its quantitative nature, soft skills remain key.
�Most research and pure quant roles are filled by PhDs and graduates
� MBAs tend to prefer and are best at client facing roles, be it in equities, fixed income or corporate finance.
Different sectors look for different
profiles
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The TopMBA.com survey also reveals that recruiters have a strong preference for MBAs with prior professional experience - 88% prefer candidates with between two and eight years of professional experience - only 4% will hire MBAs without any prior work experience.
Professional experience
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Problems still arise with candidates who have great experience but in a completely unrelated field. An MBA does enable people to change their industry or function, but they have to bring relevant transferable skills
CITING
A investment bank didn’t hire the MBA who was previously a Jeweller. MBAs need to be realistic about how radical a career change they can make
The Bottomline:
Prior experience is crucial … But
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The Race Ahead……
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Career Scope
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What you like
Areas of
Interest Hobbies
Sports
Fun & Games
Reading
Writing
Music
Travelling
Cooking
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What you’re good at
Qualifications
Extra Curricular Activities Strengths
Opportunities
MBA/MSc
Fests
Communication
skills
Projects
Accolades
Management Skills
Knowledge
Span
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Desired Lifestyle/ Income
Family Upbringing
Lifestyle
Living for today or tomorrow
Car/Bus
Debit/Credit
cards
PG/Apartment
Eating Habits
Dependent(s)
Clothes
Accessories
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WORK
ACCESS
PREPARE
SEARCH
CONTACT
INTERVIEW
Job
Hunting
Cycle
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WORK
Track Achievements
Connect with people
Increase skills
Assess yourself
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ASSESS
Identify Assets, Deficits
Prepare Portfolio
Develop Resume
Target Specific jobs
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PREPARE
Wardrobe
References
Support Systems
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SEARCH
Used varied methods
Connect with others
Track progress
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CONTACT
Phone calls
Cover letters
Application forms
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INTERVIEW
Research
Offer
Questions
Negotiations
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Things to do
Companies In India
Performance
Vacancies available
Mapping qualifications required for vacancies
Pay package
People to reach out to
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Are you
here?