- New Semester Begins with Good News- BusinessWeek reports that MBA candidates are coming back to campus for their final semester with interviews and internships in their back pockets. While there was concern that increased recruiting in 2011 meant that there might be a drop in 2012, the increase in on-campus recruiting and the fact that internship interviews are up 13% on some college campuses indicates that the job market will be strong for 2012 MBA graduates as well.
- Get Ready for Round Two- Harvard Business School announced that its second round interviews will take place between February 15 and March 9. HBS will be interviewing on the HBS campus as well as in London, Paris, Shanghai, Mumbai, Dubai, San Francisco, Palo Alto, and New York. Invitations for round two interviews will be sent out on January 31, February 7, and February 14. Remember, what day you receive your interview invitation is not a reflection of the strength of your candidacy. If you are not chosen as a candidate you will be notified by February 14.
- New MiM in Arizona- Poets and Quants announced that Arizona State University is starting a new nine-month Master’s in Management (MiM) program, which will cost $36,844 for non-residents and $22,750 for in-state residents. While the accelerated MiM is a very attractive degree because you save money and get your diploma in a short amount of time, graduates of these programs earn much less than MBA grads and miss out on the important opportunity of a summer internship. Regardless, MiMs are growing in number and had a 69% increase in applications last year. The Carey School has started accepting application for fall 2012.
- Out With Banking And In With Manufacturing- The Economist looks at a survey carried out by Antal, a recruitment agency, that shows the best hiring prospects in the beginning of 2012 will be for professionals and managers in manufacturing. Yet a recent survey conducted by Universum shows that American MBAs still prefer financial services giants such as Goldman Sachs, JP Morgan, Blackstone Group and Morgan Stanley as their top career choices. Since these banks have cut down on hiring, schools are pushing graduates to consider jobs in the energy sector or “dirty” industries, such as metals, mining, engineering and tobacco.
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