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Forbes — Money — 2010 Edition “For those hoping to climb the ladder of success, 2009 EDITION Vault’s insights are priceless.” — Money MBA CAREER BIBLE “Fun reads, edgy details.” — Forbes “Excellent.” —Library Journal GET INSIDE INFO ON: IN THIS GUIDE: • Alcoa • Company overviews • Boeing • Recent company news • Boise Cascade • Info on the hiring process • DuPont for each company • Ford Motor Company • Inside info on workplace culture and compensation • General Motors • And much more! • Georgia-Pacific • Harley Davidson • Honeywell International AT VAULT.COM: • Ingersoll Rand • Employee surverys for • John Deere 1,000s of top employers • Lockheed Martin • Vault Job Board— THE VAULT 10,000s of top job listings • Northrop Grumma MBA Vault Career Library™ is the world’s most comprehensive and up-to-date collection of guidebooks on career subjects. Researched, written and published by Vault, Inc., Vault Career Library™ comprises 120+ titles for job seekers, professionals and researchers. CAREER BIBLE GET EVERYTHING YOU NEED TO KNOW ABOUT A WIDE VARIETY OF INDUSTRIES About Vault Inc. AND PUT YOUR MBA TO THE BEST USE. Vault is the leading media company for career information. Called “a killer app” by the New York Times, Vault is headquartered in New York City and was founded in 1997 by Hussam Hamadeh, FPO Samer Hamadeh and Mark Oldman. Carrier/Reference $19.95 ® Edited by the staff of Vault Customized for: Erin ([email protected]) Around here, there is no shallow end If you’re the kind of person who expects to take lead roles, advise senior people, and make a difference far beyond your cubicle walls, you’re a Deloitte kind of person. We offer what leaders like you need to thrive — from the everyday rush of working on complex, meaningful projects to our apprentice-like environment that helps you advance quickly. Dive in at www.deloitte.com/us/careers. As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or any other basis protected by federal, state, or local law. Copyright © 2010 Deloitte Development LLC. All rights reserved. Member of Deloitte Touche Tohmatsu Limited 36USC220506 Customized for: Erin ([email protected]) 162-59461_Shallow_Vault.indd 1 9/8/10 5:09:42 PM The media’s watching Vault! Here’s a sampling of our coverage. “For those hoping to climb the ladder of success, [Vault’s] insights are priceless.” – Money magazine “The best place on the web to prepare for a job search.” – Fortune “[Vault guides] make for excellent starting points for job hunters and should be purchased by academic libraries for their career sections [and] university career centers.” – Library Journal “The granddaddy of worker sites.” – U.S. News & World Report “A killer app.” – The New York Times One of Forbes’ 33 “Favorite Sites” – Forbes “To get the unvarnished scoop, check out Vault.” – SmartMoney Magazine “Vault has a wealth of information about major employers and job-searching strategies as well as comments from workers about their experiences at specific companies.” – The Washington Post “Vault has become the go-to source for career preparation.” – Crain’s New York Business “Vault [provides] the skinny on working conditions at all kinds of companies from current and former employees.” – USA Today Customized for: Erin ([email protected]) 2010 Edition VAULT GUIDE TO THE MBA CAREER BIBLE VAULT EDITORS Customized for: Erin ([email protected]) Copyright © 2009 by Vault.com Inc. All rights reserved. All information in this book is subject to change without notice. Vault makes no claims as to the accuracy and reliability of the information contained within and disclaims all warranties. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, for any purpose, without the express written permission of Vault.com Inc. Vault, the Vault logo, and “The Most Trusted Name in Career InformationTM” are trademarks of Vault.com Inc. For information about permission to reproduce selections from this book, contact Vault.com, Inc., 75 Varick Street, 8th Floor, New York, NY 10013, (212) 366-4212. Library of Congress CIP Data is available. ISBN 13 : 978-1-58131-708-4 ISBN 10 : 1-58131-708-5 Printed in the United States of America Customized for: Erin ([email protected]) Acknowledgments We are extremely grateful to Vault’s entire staff for all their help in the editorial, production and marketing processes. Vault also would like to acknowledge the support of our investors, clients, employees, family and friends. Thank you! v Customized for: Erin ([email protected]) Table of Contents INTRODUCTION 1 MBA Hiring Overview . .1 THE MBA JOB SEARCH 3 Resumes 5 Ten Seconds . .5 It’s What You Did, Not What Your Name Tag Said . .6 Think Broadly . .6 Selected History . .6 Sample MBA Resume . .7 Cover Letters 9 The Cover Letter Template . .9 Format . MBA Summer Internship Cover Letter . .13 MBA Full-Time Cover Letter . .14 Interviews 15 Case Interviews . .15 Sample Case . .17 Sample Guesstimate . .18 Finance Interviews . .18 Sample Finance Interview Questions . .21 DIVERSITY 23 The Importance of Mentors . .25 Vault Diversity Q&A: Pipasu Soni, Financial Analyst, Honeywell . .26 Vault Diversity Q&A: Ann Silverman, M&T Bank . .27 ROTATIONAL PROGRAMS 29 MBA Rotations . .33 Vault Q&A: Federico Sercovich, Citigroup . .33 Vault Q&A: Rebecca Preston, Chevron . .34 vii Customized for: Erin ([email protected]) The Vault MBA Career Bible Table of Contents INDUSTRY OVERVIEWS 37 Aerospace and Defense 39 Industry Overview . .39 Sky’s the Limit . .40 Agriculture 45 Industry Overview . .45 Working in the Industry . .48 Vault Q&A: Darryl Barbee, Archer Daniels Midland . .48 Brand Management/Consumer Goods 53 Consumer Goods . .56 Brand Management . .56 Careers in Marketing . .57 A Day in the Life: Assistant Brand Manager . .59 Energy/Oil and Gas 65 What is the Energy Sector? . ..
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