MBA CSC SPRING 2012 RECRUITING TRENDS SURVEY

MBA CSC SPRING 2012 RECRUITING TRENDS SURVEY

Methodology Survey fielded via Zoomerang In field May 8 29, 2012 70 schools responded to the survey Results compared to survey fielded May 11-26, 2011 when 87 schools responded

83% of respondents were North American universities. What is the geographic location of your university? 9% 11% 1% 3% 10% 3% 13% 70 schools responded to the survey. 14% 11% 7% 17% Northeast Mid-Atlantic Midwest South Southwest West Europe/UK Asia Middle East/Africa Canada Other

Respondents were split nearly evenly between public and private universities. 43% 57% Public Private

90% of respondents will graduate 300 or fewer students this year. # of full-time MBA students graduating from program this year 751 to 1,000 1% 501 to 750 3% 301 to 500 6% 101 to 300 39% <100 51% 0% 10% 20% 30% 40% 50% 60%

60% of responding programs were ranked among the top 50 full-time MBA programs. Where was your full-time MBA program ranked in any of the most recent national/international rankings? 17% 20% 23% 40% 1 to 20 21 to 50 51 to 100 Not Ranked

A majority of schools have seen increases in recruiting activity, though less than last year. 51% of schools reported an increase in on-campus activity for fulltime positions. In 2011, 76% reported such an increase. Full-time job postings increased for most schools with 69% reporting more opportunities than last year. In the 2011 survey, 86% of respondents reported more full-time postings over 2010. Responding schools reported increases in recruiting activity in all industries; over 30% of schools reported increases in Consulting, Consumer Products, Manufacturing, Pharma/Biotech/Healthcare Products, and Technology.

Full-time job offer information was similar to last year; internship offers are up significantly. Of schools reporting offer information*, 50% indicated that 75% or more of the class of 2012 had received a full-time offer. In 2011, slightly less (47%) of schools reported that 75% or more students had offers. 80% of reporting schools* indicated that at least 75% of students had received an internship offer which is just slightly higher than in 2011 when 64% of schools reported that information. *2012 full-time and internship offer information received from 60% and 54%, respectively, of all 70 survey respondents

51% of respondents experienced increased oncampus recruiting this year compared to the same time last year. Overall, how do full-time, on-campus opportunities compare to last year at this time? Up > 20% Up 11% to 20% Up 1% to 10% Flat Down 1% to 10% Down 11% to 20% Down > 20% Too soon to tell N/A 1% 3% 9% 9% 7% 7% 6% 25% 33%

Full-time, on-campus opportunities increased regardless of a school s ranking. % Reporting Change in On-campus Recruiting School Rank 1 to 20 21 to 50 51 to 100 Not ranked Up 43% 50% 73% 33% Flat 43% 18% 7% 42% Down 7% 18% 13% 0% Too soon to tell/n/a 7% 14% 7% 25%

69% of respondents reported increased full-time postings this spring while just 11% reported a decrease when compared to the same time last year. Overall, how do full-time postings compare to last year at this time? Up > 20% Up 11% to 20% Up 1% to 10% Flat Down 1% to 10% Down 11% to 20% Down > 20% Too soon to tell N/A 1% 1% 3% 6% 10% 9% 18% 19% 32%

Full-time postings increased across all schools. % Reporting Change in Full-time Postings School Rank 1 to 20 21 to 50 51 to 100 Not ranked Up 64% 64% 93% 55% Flat 14% 7% 7% 18% Down 14% 22% 0% 0% Too soon to tell/n/a 7% 7% 0% 27%

Respondents are experiencing increased full-time recruiting activity across many industries. Percent of respondents experiencing increased full-time recruiting activity in this industry sector 0% 10% 20% 30% 40% 50% 60% 70% Consulting Consumer Products Financial Services Government Manufacturing Media/Entertainment Non-profit Petroleum/Energy Pharma/Biotech/HC Products Real Estate Technology Other 2012 2011

Financial Services and Government were the weakest industries compared to activity in these sectors last spring. Percent of respondents experiencing decreased full-time recruiting activity in this industry sector 0% 10% 20% 30% 40% 50% Consulting Consumer Products Financial Services Government Manufacturing Media/Entertainment Non-Profit Petroleum/Energy Pharma/Biotech/HC Products Real Estate Technology Other 2% 20% 14% 8% 10% 14% 10% 18% 20% 12% 32% 42%

Recruiting activity appeared to stay the same across most company types. What changes in full-time recruiting activity have you seen with the following types of organizations? 100% 80% 60% 40% 20% 0% Startup Company (a company in business up to 12 months) Family-Owned Business (student's family has significant ownership) U.S. Small Firms (less than 100 employees) U.S. Mid-Size Companies (100-500 employees) Fortune 500 Non-US Firms Increased Stayed the same Decreased N/A

Alumni-initiated hiring saw the biggest increase compared with other means of hiring. What changes in full-time recruiting activity have you experienced on your campus? 120% 100% 80% 60% 40% 20% 0% Alumni-initiated Hiring Direct Referrals/Placement Requests Resume Book Requests Career Fairs Students willing to relocate Increased Stayed the same Decreased N/A

Most respondents expect internship opportunities to be up compared to last year; just12% predicted a decline. 0% 20% 40% 60% Up significantly 19% Up slightly 53% Flat Down slightly Down significantly Too soon to tell N/A 6% 9% 3% 3% 7% Predicted internship opportunities

Schools are using a variety of approaches to help students in their searches. Increased alumni engagement and referrals Created job search teams Coordinated more student trips to target geographies Increased the number of industries on campus Used an executive search approach to recruitment Developed targeted resume books Offered more personalized advising programs Held just-in-time job fairs

Schools are using a variety of approaches to help students in their searches. Developed student mentoring programs Increased focus on global job/internship search Increased use of social media for job search Offered additional interview preparation Promoted individual students to employers Increased interviewing via Skype Held additional one-on-one student meetings Increased career search workshops

Summary Schools are seeing a consistent growth in recruiting activity from year to year. Interest in hiring MBAs remains high across most industries and company types. Companies have continued to maintain or expand their on-campus presence for the past few years. Overall, the MBA job market seems to have stabilized, reflecting robust and consistent recruiting activity.