What Recruiters Want By Consult Shravan

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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.

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What Recruiters Want By Consult Shravan

  1. 1. The X Factor- What Recruiters Want from MBA s
  2. 2. TheTopMBA.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
  3. 3.  TheTopMBA 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
  4. 4.  In a recent survey of 508 MBA employers from around the world, QSTopMBA found that; people skills, strategic thinking, and leadership were the three most important qualities for their MBA hires.
  5. 5.  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
  6. 6. 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.
  7. 7. �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
  8. 8.  � 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
  9. 9. TheTopMBA.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
  10. 10.  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
  11. 11. The Race Ahead……
  12. 12. Career Scope
  13. 13. What you like Areas of Interest Hobbies Sports Fun & Games Reading Writing Music Travelling Cooking
  14. 14. What you’re good at Qualifications Extra Curricular Activities Strengths Opportunities MBA/MSc Fests Communication skills Projects Accolades Management Skills Knowledge Span
  15. 15. Desired Lifestyle/ Income Family Upbringing Lifestyle Living for today or tomorrow Car/Bus Debit/Credit cards PG/Apartment Eating Habits Dependent(s) Clothes Accessories
  16. 16. WORK ACCESS PREPARE SEARCH CONTACT INTERVIEW Job Hunting Cycle
  17. 17. WORK  Track Achievements  Connect with people  Increase skills  Assess yourself
  18. 18. ASSESS  Identify Assets, Deficits  Prepare Portfolio  Develop Resume  Target Specific jobs
  19. 19. PREPARE  Wardrobe  References  Support Systems
  20. 20. SEARCH  Used varied methods  Connect with others  Track progress
  21. 21. CONTACT  Phone calls  Cover letters  Application forms
  22. 22. INTERVIEW  Research  Offer  Questions  Negotiations
  23. 23. Things to do  Companies In India  Performance  Vacancies available  Mapping qualifications required for vacancies  Pay package  People to reach out to
  24. 24. Are you here?

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