More UC-Berkeley Haas School of Business students in the Class of 2022 have taken jobs at top consulting firms this year, a trend fueled by a need for more help, according to a new school report companies for everything from staffing challenges to brand positioning. .
About 28% of full-time MBA graduating students in the Class of 2022 accepted consulting jobs this year, up from 25% in recent years. Students also accepted more job offers earlier in the cycle, and acceptances are up at top companies, including McKinsey & Company, Bain & Company and Boston Consulting Group, says Chris Gavin, relationship manager in consultant for the Berkeley Haas Career Management Group.
“Consulting firms have been doing all they can to hire,” says Gavin.
Consulting is one of the top industries for Haas MBA graduates, second only to technology, for many reasons. Beyond the prestige of working at a big company, the pay is great, with starting salaries averaging $158,000 plus signing bonuses that averaged $31,331 last year. Consulting firms also interview and hire on a predictable schedule, which takes some of the stress and uncertainty out of job hunting. They offer challenging assignments in prime locations around the world and often serve as stepping stones to careers in strategy and operations at large corporations.
Cornell’s Nolan School of Hotel Administration Celebrates 100th Anniversary
The Cornell Peter and Stephanie Nolan School of Hotel Administration, part of Cornell University’s SC Johnson College of Business, announced a year-long celebration to commemorate its 100th anniversary. The year started at Nolan’s 97and The annual Ezra Cornell Hotel, School Signing, Student-Run Conference and Hospitality Event April 21-24, and a series of other celebratory events will take place throughout the year.
Nolan Dean Kate Walsh runs the school, which has again been ranked number one in the world for hospitality education by world CEO Review 2022in its second century.
“Over a century, Cornell’s modest college education experience for hoteliers has undergone continuous transformation into what is by far the largest hotel business school in the world,” says Walsh. “Our enormous success is the result of a strong and innovative vision to develop service-minded leaders, a world-class faculty of industry thought leaders and caring teachers, a community of dedicated alumni and passionate people who drive it forward, and a relationship-experience-driven educational model that brings together our faculty and alumni to prepare, launch and hire the future leaders of our industry.
Gies College of Business Launches Fully Online Stackable Graduate Certificates
The Gies College of Business is launching a pair of fully online, credited graduate certificates, the first ever offered by the University of Illinois at Urbana-Champaign.
The 12-credit-hour certificates are designed to reach learners who already hold an undergraduate degree and do not want or need a full graduate degree. Instead, certificates – in Accounting Data Analytics and Strategic Leadership and Management – are built around specific skills or competencies that learners can use for personal improvement and career advancement.
“These online graduate certificates are designed for maximum flexibility,” says Brooke Elliott, EY Professor and Associate Executive Dean of the Gies College of Business. “As we move into a post-COVID world, learners are demanding more flexible and complementary alternatives that address specific skills – skills that can be continually updated throughout a career. They don’t necessarily want a complete degree, but they appreciate the opportunity to apply these credits towards a degree at a later date.These certificates have it all.
Yale SOM students team up to help Ukrainian refugees
As Russian tanks rolled into Ukraine in late February, Ali Plato called his sister Claudia, who lives in Romania about 30 miles from the Ukrainian border. Claudia described the plight of Ukrainians suddenly seeking refuge in Romania. Plato, a freshman in the Yale School of Management’s Executive MBA program, was determined to help.
“I grew up in Romania and there were a lot of Ukrainians where we lived,” says Plato. “My great-grandfather was Ukrainian and I worked for seven years in a Russian company where many of my colleagues were Ukrainian. From the start of the war, I felt compelled to find ways to help those whose lives were turned upside down by the Russian invasion.
Ella Archibald, a second-year student in the Executive MBA program, completed her medical studies in Ukraine and worked in a regional public hospital outside Kyiv, the Ukrainian capital. Like Plato, she resolved to support Ukrainian refugees.
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