As the MBA recruiting season gets underway at business schools across the nation, several recent articles offer insight into this year’s emerging trends.
The most recent edition of Business Week features an article on the prevalence of independent job searches among MBA graduates. Crediting a stronger economy for creating more confident job seekers, the article reports that students are increasingly looking beyond on-campus recruiting opportunities to find that perfect post-MBA position. Campus career centers appear to be responding; the article also discusses the ways in which career offices are supporting these independent searches.
In other recruiting news, the New York Times reported this week on the renewed use of “ticking bonuses” in this year’s second-year recruitment process. A number of summer intern employers offer these signing bonuses as a way of urging students to accept full-time positions early in the recruitment season, thereby minimizing the time, expense and uncertainty of companies’ fall recruiting efforts. In most cases, the longer students wait, the more the bonus declines, providing a strong incentive for making an early commitment. The article also reports a perceived shift from a “second-year market to a first-year market,” as more summer interns are offered – and accept – jobs with their summer employers. As one career services officer put it, “it’s a good time to be looking for a job as an MBA.”
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