Editorial
recruitment
involves bringing MBAs in to do specific
short-term projects.
This last approach to MBA recruitment
appeals to companies which have quite a
settled workforce, a tradition of promoting
from within, and a very strong internal
network which can be closed to outsiders. If
these companies bring MBAs straight into
permanent positions, there can be a danger
that the new hires will find themselves
blocked by the network. Instead, MBAs are
given a short-term task which gives them the
time and the opportunity to become accepted
and to work their way inside.
“Essentially, these organizations are
creating internal consulting groups,”
continues Suter. “After a couple of years in
the consulting group, the new recruit has
built up a network within the organization
and proven himself, allowing him to move
to an upper/middle-management role within
the business. For example, both Du Pont and
GE have created groups like this.”
This is an approach that is also being
seen in Manchester. “We are finding more
short term projects rather than full-time
offers as organizations appear less willing to
take the risk,” says D’Arcy. “It is like a kind
of internal consulting, but whether it is a way
of getting round having to pay for consultants
directly is not something they would admit
to us!”
And for Carol Rue, director of personal
and career development at Warwick Business
School, there are other factors at play. “I suddenly waking up to the possibility of and business outsourcing has led to a strong
think that this isn’t just a question of employing an MBA, it is much more of a demand for MBAs from corporate consultants
organizations new to the MBA market dialogue.” such as Siemens Management Consulting
suddenly realizing that they have a need for and IBM, now the world’s largest provider of
MBAs,” she says. “I think business schools Consultancy triumphant consultancy services both by revenue and
have also got much more professional in General industry is the new kid on the block, employment numbers. Dell’s change of name
terms of developing relationships with but there have also been developments in from Dell Computers signals its intention to
employers outside the usual consulting and the world of consultancy which are keeping build up its business consulting division.
finance channels. It is not about organizations it on the top spot. The growth in technology At the same time, according to the QS Top
MBA Recruitment and Salary Report 2008, all
the leading firms have returned to aggressive
MBA hiring, in particular, the big strategy
Top 10 Recruiters by Sector 2008 Technology players such as McKinsey, BCG, Accenture,
Source: QS Top MBA Recruitment Amazon, Avaya communications, Bt, Dell, Bain, Booz Allen, and Roland Berger. On top
and Salary Report 2008 Google, iBm, intel, microsoft, SAP, of this, the professional services, technology
Consultancy Vodafone. and outsourcing firms have been re-staffing
Accenture, A.t. Kearney, Bain & co, BcG, General Industry their strategy departments – many of which
Booz Allen Hamilton, Deloitte consulting, BP, eastman chemical, exxon mobil, were decimated in the post-dotcom
ernst &Young Business consultancy, iBm General electric, General motors, Hilti, downturn. KPMG, Ernst & Young and Cap
consulting, mcKinsey & co, ZS Associates. ingersoll rand, Johnson & Johnson, Procter Gemini are all actively expanding their
Financial Services & Gamble, Whirlpool. business advisory or business consultancy
Bank of America, Barclays, citibank, Pharmaceuticals and Healthcare division. It remains to be seen whether hiring
Deutsche Bank, KPmG, Goldman Sachs, JP Astra Zeneca, cigna Healthcare, cytyc forecasts for 2009 will be realized, given the
morgan, merrill Lynch, morgan Stanley, corporation, eli Lilly, Genentech, Glaxo current concerns for the state of the global
OcBc Bank (Ge commercial Finance, Smithkline, Johnson & Johnson, novartis, economy. At this point however, the outlook
ernst & Young, uBS replaced from 2007). Pfizer, Schering Plough. for consultancy and general manufacturing
remains very positive.
14 TopMBA CAreer Guide
www.topmba.com
TopMBA CAreer Guide
www.topmba.com 15
MBA_SPR09_pp_001-051.indd 14 17/2/09 15:52:32
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