Spring 2015 Recruiting Trends Survey - Mbacsea
SPRING 2015 RECRUITING TRENDS SURVEY
Methodology Survey fielded via Qualtrics from June 4 – July 6, 2015 92 business schools responded to the survey Results compared to survey fielded in June 2014, when 80 schools responded MBA Career Services & Employer Alliance, July 2015
Respondent Profile
79% of respondents were North American universities. Numbers may not add up to 100% due to rounding MBA Career Services & Employer Alliance, July 2015
A slight majority (54%) of respondents were public universities. MBA Career Services & Employer Alliance, July 2015
85% of respondents will graduate 300 or fewer students this year. 100 MBA Career Services & Employer Alliance, July 2015
The most common program length among respondents is 19 – 23 months. What is the length of your full-time MBA program(s)? Select all that apply. MBA Career Services & Employer Alliance, July 2015
59% of respondents said they were ranked among the top 50 full-time MBA programs. Where was your full-time MBA program ranked in any of the most recent national/international rankings? (Business Week, U.S. News, Forbes, Financial Times, The Economist) MBA Career Services & Employer Alliance, July 2015
Full-time Recruiting Trends
74% of respondents experienced increased on-campus recruiting this year compared to the same time last year; 11% experienced a decrease. Overall, how do full-time, on-campus opportunities compare YTD versus last year? MBA Career Services & Employer Alliance, July 2015
Full-time, on-campus opportunities increased regardless of a school’s ranking. % Reporting Change in On-campus Recruiting School Rank 1 to 20 21 to 50 51 to 100 Not ranked Up 46% 63% 64% 66% Flat 31% 22% 32% 33% Down 20% 10% 0% 0% Too soon to tell 4% 5% 4% 0% Total respondents: 26 24 25 9 MBA Career Services & Employer Alliance, July 2015
60% of respondents reported increased full-time postings this fall while 11% reported a decrease when compared to the same time last year. Overall, how do full-time postings (off-campus opportunities) compare YTD versus last year? MBA Career Services & Employer Alliance, July 2015
Full-time postings increased across categories of rankings, though some schools reported decreases. % Reporting Change in Full-time Postings School Rank 1 to 20 21 to 50 51 to 100 Not ranked Up 65% 80% 84% 56% Flat 0% 12% 8% 44% Down 31% 4% 4% 0% Too soon to tell 4% 4% 4% 0% Total respondents: 26 25 26 9 MBA Career Services & Employer Alliance, July 2015
The strongest increase in recruiting activity was seen in the Consulting industry. 0% 10% 20% 30% 40% 50% 60% 70% Consulting Consumer Products Financial Services Government Manufacturing Media/Entertainment Non-profit Petroleum/Energy Pharma/Biotech/HC Products Real Estate Technology Other Percent of respondents experiencing increased full-time recruiting activity in this industry. 2015 2014 MBA Career Services & Employer Alliance, July 2015
The largest decrease was seen in the Petroleum/Energy industry. 0% 5% 10% 15% 20% 25% 30% 35% Consulting Consumer Products Financial Services Government Manufacturing Media/Entertainment Non-profit Petroleum/Energy Pharma/Biotech/HC Products Real Estate Technology Other Percent of respondents experiencing decreased full-time recruiting activity in this industry. 2015 2014 MBA Career Services & Employer Alliance, July 2015
Most schools saw the same or increased recruiting activities across all types of organizations. The largest increase was seen in start-ups, as well as firms not located in the students’ geographic location. What changes in full-time recruiting activity have you seen with the following types of organizations? MBA Career Services & Employer Alliance, July 2015
Hiring increased the most in alumni-initiated hiring and direct referral requests. What changes in full-time recruiting activity have you experienced on your campus? MBA Career Services & Employer Alliance, July 2015
Internship Recruiting Trends
60% of respondents experienced increased on-campus internship recruiting this year compared to the same time last year. Overall, how do on-campus opportunities for internships compare YTD versus last year? MBA Career Services & Employer Alliance, July 2015
70% of respondents reported increased postings for internships when compared to the same time last year. Overall, how do internship postings (off-campus opportunities) compare YTD versus last year? MBA Career Services & Employer Alliance, July 2015
The greatest increase in internship recruiting was in the Technology industry, with Consulting and Financial Services following. Percent of respondents experiencing increased internship recruiting activity in this industry. MBA Career Services & Employer Alliance, July 2015
Similar to with full-time recruiting, Petroleum/Energy saw the largest decrease in internship recruiting. Percent of respondents experiencing decreased internship recruiting activity in this industry. MBA Career Services & Employer Alliance, July 2015
Schools shared a wide variety of ways they are helping graduating students. Continued one-on-one career advising and personal coaching; reconfigured coaching models Encouraging students to consider additional industries or geographic areas Increased connections with alumni Increased use of resume books Enhanced on-boarding and other career preparation programming such as in-class career prep Innovative career events such as industry-specific networking Creating synergy with other departments, including faculty Increased use of career treks and geographic focus MBA Career Services & Employer Alliance, July 2015
Summary of Findings Overall, there are increases in all activities associated with recruiting MBA students for full-time and internship opportunities. Schools are leveraging their activities and resources to maximize their reach to employers and students: job fairs, on-campus recruiting, alumni and faculty. The increase in students’ willingness to relocate provides more opportunities for them to network and secure internships and employment, as well as branding the school. MBA Career Services & Employer Alliance, July 2014
SPRING 2015 RECRUITING TRENDS SURVEY. Methodology MBA Career Services & Employer Alliance, July 2015 Survey fielded via Qualtrics from June 4 -July 6, 2015 92 business schools responded to the survey Results compared to survey fielded in June 2014, when 80 schools responded.
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