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Dear Friends,
We truly enjoyed seeing so many of you in-person this year, as we welcomed employers back to campus for recruiting, and connected with students, alumni, and recruiting partners at over 300 company events, networking events, and conferences
In a year dominated by disruption, we saw the MIT Sloan community come together to share their experiences, expertise, and opportunities. Alumni played a key role in our story this year. This fall, we welcomed a record 50 MIT Sloan Industry Advisors back into the MIT Sloan career community to support students seeking careers in emerging industries We also partnered closely with alumni seeking MIT Sloan talent, including posting over 125 alumni-sourced jobs. One of the highlights of the year was speaking with alumni as part of our inaugural Alumni Listening Tour, and gaining insights to further energize and connect our dynamic talent community.
In the 2022-2023 Year in Review, we reflect on the successful outcomes of the Class of 2022, and highlight the activities and partnerships that supported careers during the 2022-2023 academic year for the Classes of 2023 and 2024. Career success is a community achievement, and we thank the MIT Sloan faculty, alumni, employers, and students who support Sloanies in connecting their talents with opportunities to transform the world of business.
Susan Brennan Assistant Dean, MIT Sloan Career Development Office
ABOUT THE CDO
The MIT Sloan Career Development Office (CDO) is a catalyst for the dynamic talent community at MIT Sloan. We connect candidates in our portfolio of early-career to executive talent with curated career resources, experienced career advisors and coaches, and contacts within a vibrant alumni and employer community that generates robust networking and job opportunities.
As passionate advocates at the intersection of talent, innovation, and industry, we partner with employers across a full range of industries and growth stages to provide access to a diverse culture of exceptional management talent who drive growth and transformation.
THE LOWDOWN WITH PROFESSORS ANDREW LO AND ROBERTO RIGOBON
We kicked off the fall semester with an update on the economy and the job market, presented by Professors Andrew Lo and Roberto Rigobon, who shared their insights for navigating times of market instability, including how to find career opportunities by pivoting toward business innovation
View the video (requires MIT Sloan sign-in)
2023 MIT SLOAN CAREER FAIR: CO-SPONSORED WITH STUDENT CLUBS
This spring, we were excited to launch a new partnership with the Black Business Student Association, the First Generation Low Income Club, the Africa Business Club, and the Hispanic Business Club for the MIT Sloan Career Fair. Clubs contributed to the outreach strategy, promoted the event to club members, and helped host companies at the event. Our first in-person fair since 2019 was a success, attracting 29 companies and 199 students for just-in-time opportunities and networking.
AI CAREER TOOLS: ONE SLOANIE’S EXPERIENCE
We recently connected with MIT Sloan EMBA ’23 Philip Gerity about his experience using AI tools to refine his value proposition/elevator pitch. Philip used ChatGPT to generate a rough draft of his elevator pitch, which he refined. He then used Loom to practice his pitch to perfection.
The most useful part about using AI technology as part of his career communication strategy:
“It’s a way to get started quickly. It may not be perfect, but it’s a good starting point that you can build from. I used ChatGPT to get going with initial ideas, have a conversation with the AI that generates some useful starting points; and then I took it from there, edited it down, and refined it to capture my insights and my voice.”
Read the article
CDO’S AI CAREER TOOLS
AI tools help job seekers speed up and re-imagine job search communications We encourage students to use these tools in addition to CDO’s career advisors and coaches, to combine the speed and accessibility of AI feedback with personalized human insight. Below are two AI tools the CDO uses to support resume reviews, LinkedIn profile reviews, and interview feedback.
VMock Smart Resume is an AI-powered resume tool created through an analysis of thousands of top business school resumes. The tool catches typos and offers feedback on how well a resume demonstrates business competencies like communication, leadership, teamwork skills, and initiative.
VMock Aspire uses AI to optimize LinkedIn profiles and support creation of a consistent narrative between a candidate’s resume and LinkedIn profile, to ensure the LinkedIn profile aligns with the target career track.
Learn more
Big Interview uses AI to help candidates practice their elevator pitch and interview skills.
Candidates can select a general or customized interview track, after which they can review and share their videos, and get AI feedback, which offers a score and custom action plan.
The tool offers feedback on eye contact, pace of speech, and use of filler words, power words, and pauses. Learn more
Philip Gerity EMBA ’23WRITING THE CODE: TELLING OUR STORIES
Writing the Code explores topics that interest and impact URM students and alumni as they navigate their career journeys and workplaces. The workshop series amplifies and uplifts the career stories, experiences, and testimonies of Sloanies who identify as a member of a historically marginalized community
NETWORKING & THE GAME OF GOLF
Golf has a language of its own, and in some industries it's a vital networking tool This event gave students an opportunity to explore the intersection between business and golf, examine country club culture, and learn how to navigate the game.
MORE EVENTS FROM THE SERIES:
ENTREPRENEURSHIP DECISIONS
Featuring Alumni Panelists:
• Khalid David (MBA ’19)
• Christy Fernandez-Cull (EMBA ’22)
• Joshua Reed-Diawuoh (MBA ’20)
• Daniel Zillante (MBA ‘19)
STEPPING INTO TECH
Featuring Alumni Panelists:
• Katherine A. Curiel (MBA ’18)
• John Kendall (MBA ’19)
• Jonathan Lovett (MBA ‘18)
NEGOTIATING YOUR SALARY
Featuring Alumni Panelists:
• Yuko Araki Prichard (EMBA ’16)
• Paul Rios (MBA ’11)
• Valerie Russell (MBA ’16)
SLOANIES SHARE ADVICE FOR THE CAREER JOURNEY
Second-year MBAs offer the career community tips for figuring out their career path and succeeding in the job search. We feature three popular career paths below:
PRODUCT MANAGEMENT
“What You Need to Know When Recruiting for Product Management”
Yong-Min Rhee reveals how to break into the fierce PM job market when you don’t have prior PM experience.
Read the article
ENTREPRENEURSHIP
“Charting Your Entrepreneurial Exploration At MIT Sloan”
Janice Lam, President of the MIT Sloan Entrepreneurship Club, shares her tips for designing an entrepreneurial journey using the MIT Sloan ecosystem.
Read the article
“Welcome to the Jungle: Finding, Landing, and Succeeding in a Startup Internship”
Steve Desandis adapts Jeffrey Bussgang’s methodology from Entering Startupland for Sloanies in the startup job search.
Read the article
BIOTECH PHARMA
“Recruiting for Biotech and Pharma”
Vivak Pejaver, who interned at Moderna over the summer, shares how he positioned his experience and managed his job search to land this role.
Read the article
RECRUITING HIGHLIGHTS
BY THE NUMBERS
430 COMPANIES HIRED MIT SLOAN STUDENTS
833
For hiring companies by program, see our Employment Reports
CAREER FAIRS, INDUSTRY EVENTS & NETWORKING NIGHTS
282 COMPANY EVENTS Company presentations and coffee chats
MIT Sloan Career Fair
MFin Networking Night
MBA Networking Night
Virtual Networking @ Lunch
Startup Spotlight Networking Event
VC Porfolio Company Networking Event
SHARING OPPORTUNITIES
125+ ALUMNI POSTED JOBS FOR SLOANIES
96 COMPANIES ATTENDED Alumni Company Relationship Manager, Susan Todd, helps MIT Sloan alumni find the best ways to reach Sloanies seeking job opportunities.
FEATURED COMPANIES
ACROBiosystems Inc.
C3.ai
Caterpillar Inc.
Forgepoint Capital
Formlabs
Fossil Group
Ginkgo Bioworks
ClimateAI
Colgate-Palmolive
Duolingo
HubSpot, Inc.
Lucid Software
Major League Baseball
Mapless AI, Inc.
MathWorks
Phoenix Tailings
Pillar VC
QLS Advisors
Takeda Pharmaceuticals
Toyota Research Institute
BUSINESS DEVELOPMENT
TALENT THAT TRANSFORMS
In 2023, we launched Talent that Transforms, a new campaign that highlights the unique value of the MIT Sloan portfolio as a source of talent prepared to lead through disruption and drive industry transformation.
The Employer Relations & Recruiting team helps solve modern workforce challenges through customized recruiting strategies and connections with the larger MIT ecosystem
CDO ON THE ROAD: CONFERENCE HIGHLIGHTS
In 2022-2023, our business development team was back on the road meeting new companies and sourcing new job opportunities. The CDO’s Employer Relations & Recruiting team attended major industry conferences and diversity conferences to build relationships with employers.
146
275 NEW JOB OPPORTUNITIES ADDED FROM CONFERENCES
Mark Newhall is the Director of Employer Relations and Recruiting and oversees employer relations, recruiting strategy, and partnerships.
Richard Lestage Industries: Bio/Pharma/Healthcare, Energy, East Coast Tech and FinTech, Telecom.
Susan Todd Industries: Consulting, West Coast Tech and FinTech, and the Alumni Employer Relationship Manager.
Julie Bae Industries: Investment Banking, VC/PE, Investment Management, Quantitative Finance, Impact Investing, Real Estate.
Rachel Seavey Industries: Retail/CPG, Govt/Defense, Space & Automotive, Entertainment/Media/Sports.
Steven Branch
Diversity Conferences: AfroTech, Mass Black Expo, National Black MBA Association, Prospanica, ROMBA.
MBA CLASS OF 2022
RECEIVED A FULL-TIME OFFER WITHIN 3 MONTHS OF GRADUATION
TOP INDUSTRIES
TOP EMPLOYERS HIRING 4 OR MORE GRADUATES
Amazon Amgen Apple Bain & Company Boston Consulting Group
Capital One
Deloitte Consulting
Goldman Sachs
McKinsey & Company
OF GRADUATES REPORTED THEY ARE STARTING THEIR OWN BUSINESS
MBA CLASS OF 2023
TOP INDUSTRIES
29.2% Finance
26.5% Technology
22.5% Consulting
TOP INTERNSHIP EMPLOYERS HIRING 3 OR MORE CANDIDATES
Adobe Amazon Apple Bain & Company
The Boston Consulting Group
Click for full report
Goldman Sachs
McKinsey & Company
Morgan Stanley
Nasdaq
NVIDIA Corporation
Valor Capital Group
EMPLOYMENT HIGHLIGHTS: MFIN
MASTER OF FINANCE CLASS OF 2022
AVERAGE BASE SALARY $111K
RECEIVED A FULL-TIME OFFER WITHIN 6 MONTHS OF GRADUATION
TOP FINANCE FUNCTIONS
19.0% QUANTITATIVE RESEARCH/ DATA SCIENCE
19.0% IBD/ TRANSACTIONS ADVISORY
17.2% QUANTITATIVE TRADING RESEARCH/SALES
TOP EMPLOYERS HIRING 2 OR MORE GRADUATES
Arrowstreet Capital
Balyasny Asset Management
Bank of America
BlackRock
BNP Paribas
Citadel
Citi
INTERNSHIPS
MFIN CLASS OF FEBRUARY 2023
TOP INDUSTRIES
40.6% Diversified Financial Services
18.8% Asset Management
16.8% Investment Banking/Brokerage
Credit Suisse
Deutsche Bank
DRW
GIC
Goldman Sachs
HSBC
IMC
8.6% PORTFOLIO MANAGEMENT
JP Morgan Chase & Co.
McKinsey & Company
Morgan Stanley
Stout Risius Ross
UBS
TOP INTERNSHIP EMPLOYERS HIRING 3 OR MORE CANDIDATES
Bank of America
CITIC Securities
Goldman Sachs
JP Morgan Chase & Co.
Click for full report
Jump Trading
Morgan Stanley
UBS
MASTER OF BUSINESS ANALYTICS CLASS OF 2022
RECEIVED A FULL-TIME OFFER WITHIN 6 MONTHS OF GRADUATION
2022 ANALYTICS CAPSTONE COMPANIES
The Analytics Capstone Project is a core component of the MBAn program that gives students real-world experience solving data challenges from organizations around the world.
34.5%
OF ACCEPTED OFFERS CAME FROM ANALYTICS CAPSTONE COMPANIES
GroupM
BMW
Brigham and Women's Hospital
Bumble
CMA CGM
Coca Cola Southwest Beverages
Click for full report
ALUMNI CAREER SURVEY OF CLASSES OF 2011 + 2016
HIGH IMPACT CAREER MOBILITY PRACTICES
2X MORE SLOANIES SAID THEIR SCHOOL HELPED THEM NETWORK WITH EMPLOYERS AND ALUMNI
UP TO 85% RECEIVED CAREER ADVICE FROM THE CDO Compared
TOP INDUSTRIES OF SURVEY RESPONDENTS
CURRENT ROLES/FUNCTIONS
22.5% Finance/Accounting
15.3% General Management
14.4% Marketing/Sales
12.6% Consulting
8.1% Business Development
8.1% Operations/Logistics UP TO $299,000
73% of graduates that entered Consulting transitioned to new industries by 10 years after graduation. Transitions to → Technology, Finance,
27% Consulting
26% Technology
13% Finance
11% Pharma/Health/Biotech
6% Retail/CPG
17% Other
MIT SLOAN INDUSTRY ADVISORS
MIT Sloan Industry Advisors share industry expertise with students and alumni exploring career paths in emerging fields and industries.
2022-2023 PROGRAM HIGHLIGHTS
MIT SLOAN INDUSTRY ADVISORS
50 INDUSTRIES
17
AI/Machine Learning
Biotech/Medical Devices
CPG
Digital Health/Health Tech
E-commerce
Energy
Entertainment Media/Sports
Fintech
Investment Banking
Investment Management
IOT/Mobility Tech
Marketing Tech
Mobile/Communications
Real Estate Tech
SaaS
Social Impact Investing/ESG
Venture Capital
TOP PARTICIPATING PROGRAMS
40% MBA/LGO
20% Sloan Fellows
7% Master of Finance
5% Executive MBA
HOW SLOAN INDUSTRY ADVISORS SUPPORT THE JOB SEARCH
ONE SLOANIE’S EXPERIENCE
“As you are exploring potential companies, MIT Sloan Industry Advisors can help point you in the right direction.”
Amit Danenberg SFMBA ‘09HEARD ON THE CDO LISTENING TOUR
“Marian Hodges, MBA ’91 was so easy to connect with, as she helped me think about how to position myself for COO roles, and how to talk about my unique value proposition.”
“Patrick Rivelli, SM ‘91 shared a new industry vertical that expanded my opportunities, company names, and practical advice I could move ahead with right away.”
This fall, CDO Assistant Dean, Susan Brennan and Alumni Engagement Strategist, Shauna LaFauci Barry reconnected with our alumni industry advisors and they shared this advice for job seekers this year:
“In an interview, focus on what you will bring that will be different.”
“What the hiring manager wants to know is, ‘WHAT is it that is unique about you?’”
“I encourage people to do selfreflection and to take the time to think about your likes and dislikes.”
CDO EXECUTIVE-IN-RESIDENCE: REVEALING NEW CAREER PATHWAYS
Consulting is a popular path for early-career professionals. For experienced professionals, entry into this field requires a different approach. Since 2020, Vijay D’Silva has met with 50 mid-career and executive students each year to discuss how experienced talent can pursue consulting as their next career path. He has also delivered group workshops to help mid-career candidates think strategically about their career paths and options.
Vijay D’Silva (SM ’92) is the MIT Sloan CDO’s first-ever Executive in Residence He lends specialized knowledge on industry verticals and functions, as students seek to shape their programs and careers, or pursue entrepreneurship.
Carla Akalarian
Krys Ardayfio Julie Bae
Shauna LaFauci Barry
Steven Branch Susan Brennan
Laurie Cameron
Danielle Canas Mark Cohen Anne Costa
Lisa Cummings Vijay D’Silva Sumayya Essack
Gayle Grader
Henry Hannon
Heather Holland
Rose Keating Anna Kerchner Grace Kimball
James Morrison Mark Newhall Kristen Niarchos
Stefanie Pluschkell Nicola Pugilese Rick Ruvkun
Rachel Seavey Mike Stevens Kerri Tierney Susan Todd
Lew Weinstein Tracy Wishon Wendi Zhang
Richard Lestage
Sonia Liang Sam McGurgan
Phoenix Vicari
Carrie Cabezas
Laura Angoff Georgette Arato
Mariah Cronin
Lindsay Halleron
Hartmut Junghan
