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Essential Insights: Job Placement Trends and Strategies for Krannert MSF Graduates

This comprehensive guide analyzes job placement statistics for Krannert MSF graduates over the past four years. It explores the findings from the GMAC survey of employers and students, highlighting the reasons companies seek master's graduates, current hiring trends, and effective job search strategies. Key advice includes developing soft skills, expanding networking efforts, and understanding the visa process. Graduates are encouraged to start their job search early, maintain a positive outlook, and engage with various resources for support during their journey.

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Essential Insights: Job Placement Trends and Strategies for Krannert MSF Graduates

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  1. AGENDA • Placement Stats @ Krannert • GMAC survey results ( both recruiters & students ) • Job search process • Managing the visa challenge • Final thoughts

  2. 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

  3. GRADUATE MANAGEMENT ADMISSIONS COUNCIL(GMAC - Survey) • 565 employers globally participated • 3049 graduate students participated

  4. 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

  5. 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

  6. 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” !!!!

  7. 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

  8. VARIOUS ROLES

  9. TOP THREE METHODS BY DEGREE MBA MSF Internships Search Firms Networking • Career Services • Internships • School Job Boards

  10. “6Ps” • Pre-search Planning • Professionalism • Personal Presentation • Positive Attitude • Passion • Practice

  11. MANAGING THE VISA PROCESS

  12. 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

  13. 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 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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