Do MBA internships affect career paths?

Half-way through the graduate business schooling process most MBA students participate in an internship. By this time, many MBAs know what they want to do and where they want to work, but the MBA internship is the final confirmation -- for most! For some MBAs, the summer internship can be an enlightening experience that ultimately changes their career path.

Take the current 2nd-year class of MBA students preparing to graduate this summer for example. The majority of them spent last summer in an internship in the investment banking / brokerage industry:

1. Investment Banking / Brokerage 6.26%
2. Strategy 5.24%
3. Investment Management 4.89%
4. Internet Services / E-Commerce 4.86%
5. Private Equity 4.48%
6. Software 2.83%
7. Beverages / Food 2.71%
8. Management 2.51%
9. Hedge Funds 2.49%
10. Retail 2.44%

After completing their summer internships, however, the same class of 2012 MBA students now prefers a career in...

Please visit our blog to continue reading

Convert more interns into full-time hires

Companies today expect to convert a high proportion of interns into full-time hires. Smart firms convert even higher proportions with the virtual recruiting tools powered by MBA Focus.

The national average of interns who accept a full-time position is about 73%. Recruiters using our recruitment management system admit that their goal is even higher, hoping that "80% of full-time hires will come from interns and co-ops."

But these advanced search and screening tools don't just make it easier to find perfect-fit candidates, they also make it more cost-effective. And as efficiency goes up, hiring goes up. One of our clients that hired 143 interns for the summer of 2011 will be hiring 253 interns for the summer of 2012.

Major corporation like this and other Fortune 100 companies like Amazon.com, Citi, Google, and Johnson & Johnson are leading the charge, but other much smaller companies are also hiring interns via MBA Focus for a variety of positions, including Senior Product Managers, Senior Financial Analysts, VPs of Marketings and Brand Development, and Strategic Consultants.

So what percentage of full-time hires do you draw from your intern population?

Take your internship recruiting to the next level by trying MBA Focus today!