Babson Talent at Work: Career Impact Report

BABSON TALENT AT WORK CAREER IMPACT REPORT

UNDERGRADUATE CLASS OF 2016

THE MARKET HAS SPOKEN The National Association of Colleges and Employers (NACE) has defined the following career readiness competencies:

LEADERSHIP

TEAMWORK/COLLABORATION

ORAL/WRITTEN COMMUNICATIONS

CRITICAL THINKING/PROBLEM SOLVING

PROFESSIONALISM/WORK ETHIC

DIGITAL TECHNOLOGY

CAREER MANAGEMENT

GLOBAL/INTERCULTURAL FLUENCY

Source: www.naceweb.org/knowledge/career-readiness-competencies.aspx

BABSON COLLEGE IS ANSWERING THE CALL Our undergraduate education—featuring experiential learning inside and outside the classroom—is designed to ensure that our students build career skills they can use to make an impact in organizations of all types and sizes. Students develop an entrepreneurial mindset to handle real-world business challenges through our one-of-a-kind Entrepreneurial Thought & Action® (ET&A™) methodology.

BUSINESS STRATEGY

+

LIBERAL ARTS EDUCATION

=

Babson’s innovative, experiential curriculum

FOUNDATIONS OF MANAGEMENT AND ENTREPRENEURSHIP (FME) New ventures created, developed, and launched by student teams COACHING FOR LEADERSHIP AND TEAMWORK PROGRAM (CLTP) Constructive, developmental coaching for all Babson students MANAGEMENT CONSULTING FIELD EXPERIENCE (MCFE) Semester-long student consulting engagements with company partners BABSON OFFERS 25+ CONCENTRATIONS Including Accounting, Business Analytics, Finance, Marketing, Operations, and more

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GLOBAL THINKERS. CAREER EXPLORERS. Babson students learn to lead and collaborate alongside diverse peers, alumni, and business leaders from around the world.

65 LANGUAGES ARE SPOKEN 82 COUNTRIES ARE REPRESENTED

MALE: 52%

46% OF THE CLASS

OF 2016 PARTICIPATED IN EDUCATION ABROAD.

Undergraduate student population as of December 2016

DOMESTIC:

73%

INTERNATIONAL:

27%

FEMALE: 48%

83% OF 2016 GRADUATES

SECURED AT LEAST ONE INTERNSHIP WHILE AT BABSON.

BABSON’S GROWING

EXTERNSHIP PROGRAM OFFERS DIVERSE JOB-SHADOW OPPORTUNITIES IN THE UNITED STATES AND ABROAD.

TEAM PLAYERS. SELF-AWARE LEADERS. Our students are taught more than just technical business skills.

At Babson, faculty members use their real-world experience to give students the hard and soft skills they’ll use to make a difference throughout their careers.

6 1 0 2

98%

EMPLOYED OR ATTENDED GRADUATE SCHOOL WITHIN SIX MONTHS OF GRADUATION*

40,000+ ALUMNI

IN 115 COUNTRIES AND ALL 50 STATES

*Of the Class of 2016, based on a knowledge rate of 87%

160+ STUDENT CLUBS AT BABSON COLLEGE

INCLUDING INVESTMENT BANKING, BUSINESS ANALYTICS, CONSULTING, OPERATIONS, AND MORE

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2016 CAREER OUTCOMES

*

GRADUATES BY INDUSTRY

GRADUATES BY FUNCTION

FINANCIAL SERVICES

24%

FINANCE

23%

TECHNOLOGY

22%

BUSINESS DEVELOPMENT/SALES

16%

ACCOUNTING

10%

MARKETING

11%

CONSUMER PRODUCTS

8%

ANALYTICS

10%

MARKETING/ADVERTISING

6%

CONSULTING

10%

CONSULTING

5%

OPERATIONS/LOGISTICS

8%

RETAIL/APPAREL/FASHION

5%

ACCOUNTING

7%

ENTERTAINMENT

4%

PROJECT MANAGEMENT

4%

HEALTHCARE

4%

GENERAL MANAGEMENT

3%

REAL ESTATE/DEVELOPMENT

4%

OTHER

3%

STRATEGIC PLANNING

2%

IN ADDITION, 1% OF GRADUATES WORK IN EACH OF THE FOLLOWING INDUSTRIES: EDUCATION, ENERGY, GOVERNMENT, MANUFACTURING, MEDIA, NONPROFIT, RECRUITING/STAFFING, TRANSPORTATION.

IN ADDITION, 1% OF GRADUATES WORK IN EACH OF THE FOLLOWING FUNCTIONS: ENTREPRENEURSHIP, HUMAN RESOURCES, INFORMATION TECHNOLOGY, MERCHANDISING

*Based on a knowledge rate of 87%.

8

PERCENT OF GRADUATES STARTED THEIR OWN BUSINESS

4

PERCENT OF GRADUATES ATTENDING GRADUATE SCHOOL

AVERAGE SALARIES BY INDUSTRY

GRADUATES BY EMPLOYER SIZE

ACCOUNTING

$60,595

5,001+ 33%

CONSULTING

$57,633

501–5,000 18%

$54,844

51–500 22%

CONSUMER PRODUCTS

EDUCATION/GOVERNMENT/NONPROFIT $45,000

11–50

14%

ENERGY

$48,333

1–10 14%

ENTERTAINMENT

$39,700

FINANCIAL SERVICES

$60,589

HEALTHCARE

$55,917

HOSPITALITY

$45,000

NORTHEAST

69%

MANUFACTURING

$48,062

INTERNATIONAL

11%

MARKETING/ADVERTISING

$40,600

WEST

8%

MEDIA

$50,000

SOUTH

6%

REAL ESTATE/DEVELOPMENT

$54,400

MIDWEST

3%

RECRUITING/STAFFING

$39,600

MID-ATLANTIC

2%

RETAIL/APPAREL/FASHION

$56,067

SOUTHWEST

1%

TECHNOLOGY

$50,994

GRADUATES BY JOB LOCATION

TRANSPORTATION/LOGISTICS SERVICES $45,873

56,267

$

AVERAGE ANNUAL STARTING SALARY FOR GRADUATES OF THE CLASS OF 2016

2

PERCENT OF GRADUATES RETURNED TO A FAMILY BUSINESS

SAMPLING OF EMPLOYERS ACCOUNTING

DELOITTE / EY / PWC / STANDISH MANAGEMENT, LLC / STOWE & DEGON

AEROSPACE AND DEFENSE/ ENERGY

SOLARCITY / TRICON INTERNATIONAL, LTD. / UNITED TECHNOLOGIES

ACCENTURE / CMA STRATEGY CONSULTING / DELOITTE / INNOSIGHT LLC / L.E.K. CONSULTING / MCKINSEY & COMPANY

CONSUMER PRODUCTS

ANHEUSER-BUSCH INBEV / BOSTON BEER COMPANY / THE COCA-COLA COMPANY / DUNKIN’ BRANDS / EURO-PRO / FENDI / THE GROMMET / L’OREAL / MCDONALD’S CORPORATION / PEPSICO FRITO-LAY / POPCORN, INDIANA / THE PURPLE CARROT RED BULL / SHARK NINJA

ENTERTAINMENT/MEDIA

INSURANCE

MANUFACTURING/TRANSPORTATION ACUITY BRANDS / ENTERPRISE / FEDEX / KRONOSPAN

MARKETING/ADVERTISING ORIONCKB / TECHTARGET / VAYNERMEDIA

REAL ESTATE/DEVELOPMENT

BOSTON PROPERTIES / CBRE / GIBSON SOTHEBY’S INTERNATIONAL REALTY / RIALTO CAPITAL MANAGEMENT

RECRUITING/STAFFING

BOSTON RED SOX / NBCUNIVERSAL

GROE ADVISORS LLC / ROBERT HALF / SOFTWORLD

AXA ADVISORS / BANCO POPULAR / BANK OF AMERICA MERRILL LYNCH / BB&T / THE BLACKSTONE GROUP / CITIGROUP / CITIZENS / CREDIT SUISSE / FIDELITY INVESTMENTS / FIRST REPUBLIC BANK / GOLDMAN SACHS & CO. / HARBOURVEST PARTNERS, LLC / HARRIS WILLIAMS & CO. / J.P. MORGAN / JOHN HANCOCK / MORGAN STANLEY / PIPER JAFFRAY / ROTHSCHILD / SANTANDER BANK / SILICON VALLEY BANK / STATE STREET / STIFEL / UBS

1,829

ATHENAHEALTH / BOSTON SCIENTIFIC CORPORATION / CVS HEALTH / PICCPERFECT / THERMO FISHER SCIENTIFIC / UNITEDHEALTH GROUP / VERTEX PHARMACEUTICALS AFLAC / ALLSTATE / AMERIPRISE / AMICA MUTUAL INSURANCE / GEICO / METLIFE

CONSULTING

FINANCIAL SERVICES

HEALTHCARE

RETAIL/APPAREL/FASHION

J. JILL GROUP / MAX MARA FASHION GROUP / ROSS STORES, INC. / STAPLES / THE TJX COMPANIES

TECHNOLOGY

ACQUIA / ALIBABA GROUP / AMAZON / CARBON BLACK / CISCO SYSTEMS / DELL SERVICES / FACEBOOK / GOOGLE / HUBSPOT / MATHWORKS / NIELSEN / ORACLE / PAYTRONIX / PTC / RAPID7 / RSA SECURITY / THOMSON REUTERS / VISTAPRINT / ZEROTURNAROUND

COMPANIES POSTED INTERNSHIPS OR JOBS WITH BABSON DURING THE 2015–2016 ACADEMIC YEAR

83

PERCENT OF 2016 GRADUATES HAD AT LEAST ONE INTERNSHIP WHILE AT BABSON

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“ Babson College offers a transformative learning experience that combines an elite business education with the intellectual and cultural environment found in top colleges and universities. Add in the know-no-boundaries drive, curiosity, and instinct to disrupt that are inherent in our culture, and Babson truly stands apart.

This mix makes for a personal and powerful learning experience in the classroom, across campus, and in the world.”

– IAN LAPP, PHD, DEAN OF THE UNDERGRADUATE SCHOOL

#1 FOR ENTREPRENEURSHIP

– U.S. News & World Report, 1994–2016 (Ahead of University of Pennsylvania, MIT, and NYU)

#1 PRIVATE BUSINESS COLLEGE FOR SALARY POTENTIAL

– PayScale, 2016

(Alongside Stanford University, MIT, Caltech, and Princeton University)

#2 FOR UNDERGRADUATE ALUMNI EARNINGS – U.S. Department of Education College Scorecard (Ahead of Georgetown University, University of Pennsylvania, and Yale)

View all of Babson’s recent rankings at www.babson.edu/rankings.

ADVISING AND SUPPORT

WAYS TO ENGAGE

WITH THE CENTER FOR CAREER DEVELOPMENT

»» Benefit from industry-specific and international advising »» Build your online and in-person brand »» Connect with employers and alumni »» Explore career paths »» Learn effective networking »» Negotiate job offers »» Prepare for interviews »» Receive résumé and cover letter review »» Strategize your internship and job search

EXPERIENTIAL OPPORTUNITIES »» Career Exploration Lab »» Experience the Industry trips »» Externships Externship = job-shadow opportunity that’s a great way to get insight into an industry, organization, or role

»» Internships »» Management Consulting Field Experience (MCFE) »» Summer Intern Sponsorship Program

EVENTS AND PROGRAMS »» Alumni Industry Advisors »» Babson Connect events »» Career 101 »» Career Boot Camp »» Career Expo, Internship Fair, Senior Job Fair »» First-year Fridays

Babson has joined the Handshake recruiting platform. It’s now easier than ever to explore job opportunities.

»» Industry Spotlight program »» Résumania »» Senior Series

RESOURCES »» Career assessment tools »» CareerBeam online career management tool »» Global alumni directory »» GoinGlobal »» Handshake job portal »» Interview suites »» Job and industry research databases

WWW.BABSON.EDU/UGRADCAREER 9

“ During my first semester, I set out to find an internship for the upcoming summer. CCD’s Internship Sponsorship Award helped me fully commit to an unpaid congressional internship, which gave me key experience that led to an internship and full-time offer from Deloitte. While the CCD advisors recognized that my career path was nontraditional, their commitment never waned throughout my career search.”

– JI HWAN KIM ’18

CONNECT WITH BABSON TODAY “ CCD helped me secure my full-time job as an associate analyst in finance at National Grid. They guided me through the whole career process, from résumé, cover letter, and network building to helping me with case interview preps and offer discussions.”

– SHUN PING HUANG ’17

“ If I had not used CCD as a resource, I would not have had the opportunity to intern for the Global Operations Finance team at Boston Scientific. I discovered my interest about the medical device field and gained knowledge about an industry that I was never previously exposed to.”

– GYDA SUMADI ’18

BABSON / BABSONCOLLEGE UNDERGRADUATE CCD /

@BABSON UNDERGRADCCD

“ I first visited CCD as a first year, and the support I received in person and online gave me confidence walking into my interview because I knew that I was well prepared. Currently, I will be returning for a second internship with PwC.” – DAVELE ZEPHYR ’19

BABSON

@BABSONCOLLEGE

@BABSONUGRADCCD

@BABSONCAREER

www.babson.edu/ugradcareer 231 FOREST STREET, BABSON PARK, MA 02457-0310

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