Thursday, June 19, 2008

Oppurtunities after MBA


The MBA program provides you with all the skills and frameworks that help you in advancing your career as an effective senior manager or executive. Apart from this it also motivates you to such find jobs where you can use your new skills and abilities.
Basically there are two kinds of people who get admitted for MBA programs:

1. One who has the job and want to continue with it after MBA
2. Second who want to change their job or need a job after completing their studies.
Such people have to build all the approaches as listed below in their overall MBA job search strategy as they are complementary.

i. Networking
ii. MBA Career Placement Services
iii. Headhunters / Executive recruitment
iv. Internet sites with MBA Jobs

1. Networking

Most of the MBA jobs (75-80 %) are never advertised and are filled through internal appointments. If you are known to be interested in a particular job or organization then you may receive a call whenever there exists any suitable vacancy. Now the question is how do you get yourself known or find these hidden jobs?

There are a number of options available:

• Through the MBA program, which helps in building a network with many ambitious and talented individuals that proves to be invaluable in your MBA job search now and in the future.

• By contacting recruiters in those organizations about which you have enough to speak knowledgeably. Mention your MBA studies and how you believe you can add value to the organization. Ask about any possible openings within the company that you may be suited for and remember to leave your contact details in case a vacancy arises in the future.

2. MBA Career Placement Services

Almost every business school provides you with career placement services. Most business schools have active links with businesses and also run MBA jobs fairs. These services are there for your benefit only, so speak to your careers office and find out how they can help you.

3. Headhunters / Executive recruitment services

The strategy is to make your details available to executive recruiters or headhunters, who then attempt to find a job that matches your stipulated requirements. There are many such services available whose aim is to offer you high quality and targeted exposure.

4. Internet sites with MBA vacancies

It’s not easy to make a job search on Internet unless and until you know where to look. Sometimes it becomes difficult to find what you want. Also whenever an organization wants to fill a vacancy, they are unlikely to identify a job as a specific MBA job, as they need to receive sufficient applications to make the advertising cost worthwhile. Thus many of the relevant jobs for MBAs are likely to be buried in the hundreds of job sites. There is a recent development in Internet recruitment and that is the arrival of “aggregator” job sites, which helps you a lot.

Apart from all the above-defined approaches one should remember the following points:
- The MBA programs alone will not do anything; you have to market yourself and your MBA.

- The job process does not change- it’s your responsibility to find the right job and then make that job yours

- MBA has increased your marketability ten-fold.

- The greatest benefits of MBA are the network that you build during your studies.

- Lastly, always consider the salary that you can expect for your chosen job and the salary progression opportunities that are available to you with your MBA qualification.

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