2014 Employment Report
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INVESTING IN A GRADUATE PROGRAM HAS ITS REWARDS 2014 EMPLOYMENT REPORT 1 It is my pleasure to share with you the 2014 Employment Report for the Beedie School of Business’ full-time MBA classes of 2014, as well as that of the Management of EXECUTIVE Technology MBA class of 2014. The University’s strategic vision, to be “the leading engaged university defined by its DIRECTOR’S dynamic integration of innovative education, cutting-edge research and far-reaching community engagement”, is evident at the Beedie School of Business. According to the world QS Global Business Schools Report ranking (2013-14), the School is ranked MESSAGE among the top 10 for business management in Canada, and the Eduniversal Ranking (November 2014) ranks the School number one in Canada in the category of Four Palmes: Top Business Schools with Significant International Influence. The latter survey was carried out by deans of the top 1000 business schools around the world, with selection and ranking taking into account the national and international reputation of each business school. With Beedie’s growing reputation, it is no surprise that our full-time MBA stats continue to grow in competitiveness year after year. The wide range of industry leaders hiring our graduates across the province demonstrates the diversity, talent and range of experience within this program. Our MBA graduates and interns bring their talents to roles in consulting, project management, finance, general management, sales/business development and operations. Our Management of Technology MBA was ranked in the top ten Master’s-level Engineering and Project Management focused programs in North America. The list ranks the programs, rather than schools, through an annual evaluation of more than 12,000 programs, 5,000 international recruiters and almost 800,000 students. With a strong technology sector in Vancouver, our MOT MBAs are hired by not only large scale technology firms but also those which are up and coming and proving to make a mark in the industry. In addition, companies in the Silicon Valley and Seattle are keen to host and meet with our students on industry trips. Whether you are considering hiring one of our students or becoming a student in one of our graduate programs yourself, I encourage you to review the report findings. Christine Sjolander, BBA, MSc. Eng. Executive Director, Graduate Career Management Centre CAREER SERVICES We provide students and alumni various services and programs designed to assist in successful career transitions, whether it be to advance at their MANAGEMENT current place of employment, or to transition into a new role, company, or industry. CENTRE Program Managers administer a tailored career program and meet one- on-one with students to provide them with career support right from the very start of their program. At the Graduate Career Management Centre (CMC), our mission is to empower business students and alumni with skills for career success, create lasting stakeholder relationships with business students, alumni, faculty, and SAMPLE OF CAREER ALUMNI / EMPLOYER ENGAGEMENT the business community, and be recognized as career PROGRAM TOPICS » Guest speaking » Career exploration programs or events development experts. » Self-assessment » Resume creation » Fireside chats » Cover letter writing » CareerTalk program The CMC offers a comprehensive and program–specific » Interviewing » Mentors in Business program » Job search strategies » Corporate mock interviews Career Management Program (CMP), one–on–one career » Networking & business etiquette » Industry tours advising, mentorship and networking opportunities, and a » Informational interviews » Networking events robust collection of online resources—all designed to help » LinkedIn our graduate students achieve their career goals. » Professional business JOB OPPORTUNITIES communication » Beedie Community job board » Personal branding » Company information/recruitment We’re also committed to working with employers to ensure » Salary negotiation sessions they connect with the right talent from our various graduate » Working with recruiters » On-campus interviewing & search firms business programs. Our goal is to ensure that the employer » MBA Recruiting Reception recruitment experience is seamless, well-executed, and We provide additional services for students with English as an Additional Language to assist with successful. the transition to North American culture and job search. 1 UNDERGRADUATE CLASS SIZE: 48 UNDERGRADUMAJORS ATE MBA CLASS SIZE: 48 MAJORS CLASS OF 2014 44% Arts PROFILE 23%44%BusinesArtss Administration 19% Science Business Administration The 12-month, full-time MBA 23% 8% Technology combines theory and application to 19% Science provide students with the skills and 6% Other tools needed to do big things in their 8% Technology careers. Courses are based on the principles of applied learning. Real 6% Other PRE-MBA INDUSTRY cases and examples are used to WORK EXPERIENCE build knowledge and explore topics PRE-MBA INDUSTRY 12% relevant to today’s business world. Healthcare We also push beyond the classic WORK EXPERIENCE11% Retail Services (includes Real Estate) PRE-MBA INDUSTRY 10% Manufacturing/Construction business education by incorporating 12% Healthcare subjects such as entrepreneurship, 10% Non Profit WORK EXPERIENCE11% Retail Services (includes Real Estate) sustainability, and creativity. Our 60% 40% 10% Education unique environment provides students MALE FEMALE 10% 12%Manufacturing/ConstructioHealthca10% Foodr &e Beverage n with the opportunity to engage with 10% 8% Financial Services a wide range of progressive and 11% Retail Services (includes Real Estate) 10% Edu6%cationEntertainment innovative organizations. 10% Manufacturing/Construction 6% Oil & Gas Average years 10% Food & Beverage of work 10% 5%NonOther Profit 8% Financial4% Inf ormationService Tsechnology and Services 60% 40% 5 experience 10% Education 6% Entertainment4% Government MALE FEMALE 10% Food & Beverage 6% Oil & Ga2%sConsulting Average 8% Financial2% Legal Servi Services ces 28 age 5% Other 4% In6%formationEntertainment Technology and Services 4% Government6% Oil & Gas Average 600 GMAT 2% 5%ConsultingOther 2% Legal Services 4% Information Technology and Services * Figures quoted are for the MBA class of 2014 whose program began September4% 2012Gov andernment completed in April 2014, with convocation in June 2014. 2 2% Consulting 2% Legal Services MBA CLASS OF 2014 EMPLOYMENT Reported in Canadian dollars and foreign salaries are converted at the going exchange rate. 8% EMPLOYMENT BY Healthcare Products Average post-MBA Salary Average post-MBA Salary INDUSTRY & Services (Canadian Locations Only) 14% 3% Consulting $60,000 $59,100 Energy / Utilities 3% Technology- dot.com % Increase in pre/post MBA salary Employment outside BC 8% 20% 9% Technology- 3% Financial Software Services COMPENSATION BY 3% 17% JOB FUNCTION Clean Tech Consumer Products Base salary in Canadian dollars and based on three year average. 8% 6% Commercial Banking Mining / Natural Resources Sales / Operations / 3% 3% Business Project Logistics / Education Transportation Development Management Purchasing & Logistics 3% $53,900 $70,800 $51,600 Real Estate / Construction 6% Not-For-Profit 1% Other Consulting / General Finance Business Analysis Management 8% 3% Manufacturing Telecom $64,500 $66,800 $70,500 * Results are for the full-time MBA students only. Figures are quoted as of September 30, 2014 (following June convocation) with a data collection response rate of 87%. * Figures quoted are for the MBA class of 2014 whose program began September 2012 and completed in April 2014, with convocation in June 2014. 3 MBA EMPLOYMENT BY CLASS OF 2015 INDUSTRY INTERNSHIP EMPLOYMENT Each fall, MBA students embark on paid full-time internships at the end of 9% Technology the academic program to acquire essential work experience and facilitate a & Telecom 16% smooth transition into the workplace. Government Reported in Canadian dollars and foreign salaries are converted at the going exchange rate. 1% 4% Other Entertainment Average Monthly Salary / Media 11% Consumer Products 7% $4,340 Consulting 21% & Services Monthly Salary Range Not-For-Profit $1,500 - $7,500 11% Manufacturing & Industrial Products 13% Average Length (Weeks) Internships outside BC Healthcare Products & Services 18 10% 7% Financial Services COMPENSATION BY JOB FUNCTION Based on two year average. INTERNSHIP OVERVIEW Marketing / Business Project Sales / General Start Date: September onward Analysis / Finance Management Business Management Consulting Duration: 4 month minimum Development Hours: 35/week (minimum) $4,200 $3,900 $4,100 $5,000 $4,500 * Figures quoted are for the MBA class of 2015 which includes students whose program began September 2013, with internships running from September 2014 - April 2015, and convocation in June 2015. 4 WHO HIRES OUR MBA GRADS? These lists provide a small sample of past hiring companies and job titles. POST-PROGRAM HIRING COMPANIES » Accenture » Ontario Genomics Institute “I received the lead to my internship, which became a » AMEC » Orbis Investments (Canada) » Aritzia Limited permanent position, through the CMC. The CMC provided » BCAA » PNI Digital Media me with great help: preparing my resume and cover » BC Assessment » Providence Health Care letter, conducting practice interviews with CMC staff, » BC Hydro » Provincial Health Services » Best Buy Canada Ltd. Authority and providing informational interviews. As a result of this » Cypress Capital Management