Wednesday, January 04, 2006

Power up outlook and add that special course

So the Holiday break is nearly over and I can get back to being run by Outlook 2003. Time to start reviewing those course outlines, buy those course readers and books. One course that I’ve decided to take, if required, is a 4 unit one (make that 5-6 units if pursuing multiple career tracks) called:

“On Campus Interviewing with Big Name firms at Big Name School”.

COURSE PERSPECTIVE:
The course is concerned with getting a summer internship in a career field that really interests you and involves a variety of tasks such as researching firms through various reading material & on the web, interacting and communicating with firm representatives (and classmates) and of course culminating in several on campus interviews. On successfully completion of the course, you should have a summer job lined up …

PREREQUISITES:
Updated and critiqued Resume specific to each firm/career, Myerrs Briggs Personality Indicator, Career Management Centre (CMC) workshops, mock interviews and whole lot of soul searching for what you want out of an internship.

READING:
Required: Vault, Wetfeet guides to the industries, Crack the Case, etc…, Case in Point etc…
Optional: How to Interview like an MBA, The fast track- The Insider’s guide to winning jobs in Management Consulting, Investment Banking & Securities Trading,, Sweaty Palms- the neglected art of being interviewed, Wall Street Journal, Financial Times, Economist..

LABS(optional):
Meet the company presentations, career seminars & treks, crack the case workshops, company dinners & drinks.

ASSIGNMENTS:
Tailored Resumes & cover letters to each company (use the resume drop feature online and observe the deadlines-). Of course, “know your stuff”- including case frameworks and financial & business concepts covered in class as well as making sure you come across as confident and intelligent individual won’t hurt. Some areas you could be tested in the interview you may not cover until the 2nd year- doesn’t matter, it’s fair game!

COURSE BEHAVIOUR & NORMS:
Candidates will display courteous manner to firm representatives- such as wearing appropriate business attire (inc. details such as matching belt). You will also observe the on campus recruiting rules laid down by the school, which include proper offer rejection & acceptance etiquette. Firms should avoid such practices as “exploding offers”, and in general will try to be nice to candidates. The course is not for everyone, and candidates may appear stressful at times- but hey, for some this is a core course and other areas of your life may take a backseat for a while- 110% commitment should lead to favorable results.

GRADING:
You’ll be graded on a variety of aspects, an effectively prepared resume and superior networking should land you closed list positions for interested firms but prudent point bidding on the online system should land you interview slots at firms that were not initially impressed by your one page story of your life you submitted. Anyhow, widely available jobs such as in consulting should require minimal bidding points. However, in the end it is how you perform during the interview (final exam) in areas such as articulating the skills you have gained as a good match to the job requirements, demonstrated research and knowledge of the firm/industry, enthusiasm and general fit within the firm’s culture that will distinguish you from other candidates. For consulting, how effectively you “nail” the case interviews will carry as much as 75% of the overall grade. Those who succeed will progress to further rounds and ultimately secure a 8-12 week summer internship offer and a high chance of securing a $100K (+ significant benefits) full-time job on graduation. There are limited internship slots, and should you not get any offers along the way, firms will try their best to provide feedback, and this should form the basis for improvement in other interviews and put you in good standing for next years full time on campus recruiting.

OTHER RECOMMENDED COURSES:
Networking on your own, job boards, and other MBA online applications with firms that do not participate in this activity- many candidates have gotten jobs this way. In the end over 90% of MBA students will have summer offers- if you fall outside this, just go traveling for 3 months and maybe work on a “summer project”, it’s a perfectly viable, if not a more fun alternative.

GODSPEED & GOOD LUCK!

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