New Transportation Industry Jobs Emerge for B-School Grads
There’s no getting around the fact that car culture is the primary means by which Americans get around. While it is highly unlikely that this culture will disappear altogether, many factors including electric and hybrid vehicles, rideshare programs like Uber and Lyft, improved mass transit, and far-flung projects like Elon Musk’s Hyperloop, suggest transportation will change dramatically in the not-too-distant future.
MBAs would do well to take note of the many opportunities embedded in the transportation industry.
Corporate Development and Global M&A – Analyst — General Motors
General Motors is the largest automotive manufacturer in the United States. Traditionally known as one of the Big Three car companies—the other two are Ford and Fiat Chrysler—General Motors’ best-known brands in the United States are Chevrolet, Buick, GMC, and Cadillac.
General Motors is hiring a Corporate Development and Global M&A – Analyst to work at either its headquarters in Detroit, Michigan, or its offices in Bupyeong, Korea. The person hired for this position will join the company’s Corporate Development and Global M&A team, which is tasked with developing methods to deliver on corporate strategy. Some of the team’s areas of focus are alliance management, new business development, and corporate and regional strategic initiatives. This job requires at least three years of prior relevant experience, and an MBA is preferred.
Key responsibilities include:
- Leading business case development for deals
- Supporting transaction execution
- Managing post-transaction partner relationships
To learn more about this and other jobs, please visit the General Motors career page.
Associate Director — BP
BP is a global energy firm that employs 75,000 people across 80 countries. The company covers all aspects of the energy market, from drilling and refining to trading and renewable energy.
BP is looking for more MBA talent to join its Houston team.
BP is hiring an Associate Director who will work from its office in Houston, Texas. The person hired in this position will be working as part of a team that provides bespoke energy risk management services and solutions to clients. The hiree will serve oil and gas producers, refiners, and airlines, among other corporate and financial parties. This job requires at least five years of relevant prior experience, and an MBA is preferred.
Key responsibilities include:
- Identifying possible transactions
- Delivering gross margin targets and business returns
- Managing various financial relationships
Visit the BP website to learn more about this positions and other employment opportunities.
Sr. Inventory Control Analyst — Tesla
Based in Fremont, California, Tesla is a major leader in the transition to sustainable energy. Although it is best known for its cars, the company also produces a variety of energy storage and generation units, including the Powerwall, Powerpack, and Solar Roof.
Tesla is hiring for a Sr. Inventory Control Analyst who will be based in its Fremont headquarters. The person hired to this position will be responsible for keeping an eye on the company’s inventory, ensuring its accuracy and maintaining an appropriate balance. The best candidates for this position will have at least five years of previous relevant experience. The company prefers candidates who possess an MBA.
Key responsibilities include:
- Monitoring inventory accuracy to enable reviews by senior management
- Reviewing inventory reconciliations
- Supporting the implementation of policies that ensure accurate inventory tracking
Visit the Tesla website to learn about this position and others.
Global Revenue Management Center of Excellence Advisor — ExxonMobil
ExxonMobil is a major player in the global petrochemical industry. The company plays a role in all aspects of the energy chain, from mining and refining to marketing and retail through its brands (Exxon, Mobil, Esso).
ExxonMobil is hiring a Global Revenue Management Center of Excellent Advisor who will work out of the company’s office in the Houston suburb of Spring, Texas. The person hired to this position will be responsible for many things, including ensuring the delivery of effective revenue management processes and frameworks for the lubricants value chain. This job requires prior relevant experience, and an MBA is preferred.
Key responsibilities include:
- Contributing to revenue management objectives and strategies
- Analyzing market influences to develop optimal decision-making and business improvement recommendations
- Establishing an analytics work plan
More information about this job and others can be found at the ExxonMobil website.
Real Humans of the Miami Business School
The idea of a business school, for many, conjures images of rigidity: stuffed shirts, properly tuned haircuts, and brutalist, monochrome buildings—foundational visions of the business school stereotype. But these observations can be fairly limited, if not completely outdated. While some schools are still defined by business traditionalism, the University of Miami Business School offers a decidedly less obtuse vision.
The Miami Business School, overlooking Lake Osceola in Southern Miami, defies business school assumptions. Alongside the city’s effortlessly pleasant weather, potential students won’t find the the limited, formal degree options, with more choices than the vast majority of business schools virtually anywhere, including: three full-time MBA programs; three different Executive MBA programs; a part-time MBA option; Online MBA option; and five different dual MBA opportunities. In addition, the school offers eight on-campus specialized master’s options and two more online specialized masters degrees.
Simply stated, when it comes to a wealth of choices, you won’t find many schools that offer more.
Expansive opportunities also means an immensely diverse class of students. Statistically, Miami is considered the most “international” city in the United States, according to U.S. Census Bureau data, inviting a truly global array of career opportunities that few business schools can try to match.
When talking with several Miami Business School MBA students, the diversity of choices and Miami’s undeniably friendly international appeal is certainly reflective, including a French-born fitness expert, a clothing line founder, and a Venezuelan marketing guru, among others. Read on to see their stories and what the future may hold for life after an MBA.
Stanford International Students Stay Home, Take Study Trip of Middle America
Amidst this divisive political moment, coastal dwellers have begun to reconsider the culture and future of what many might have once condescendingly referred to as “fly-over country.” Stanford recently published an article about some outside-the-box economic strategies currently underway to revitalize the Rust Belt.
After leading study abroad trips to Seoul and Shanghai, Matt Mascioli, MBA ’17, wanted to show off a part of America that folks “don’t typically see on the coasts.” Mascioli co-led 18 international students on a Global Study Trip that included Detroit, Pittsburgh, Charleston, North Carolina, and his native state of West Virginia.
“It’s a tremendous opportunity to lead peers into a place that most of them have never been, and to lead them in learning from a different perspective.”
In Detroit, Mascioli met with the mayor’s jobs and economy team where they learned about the city’s extensive development plans, which include replacing 100,000 vacant homes—a byproduct of a decade of white flight—with public spaces.
For the more rural portion of the trip, Mascioli partnered with two of West Virginia’s “leading economic thinkers,” WVU’s John Deskins and Stephen Spence from WV’s Department of Commerce to give Global Study students a bird’s-eye view of the problems facing the state. Mascioli explains that having locals “devoted to thinking about what is the economic future of that region” is important to clarifying a place’s seemingly impenetrable logic for outsiders. He elaborates:
“It’s easy to assume from the outside that there’s zero rationale about how people are thinking. But once you’re on the ground and get to know people and organizations, oftentimes, it makes a lot more sense.”
MBA Job Recruiters: General Motors
General Motors—the Detroit automotive monolith, whose Cadillac and Chevrolet brands are American icons unto themselves—turns 110 next year. 10 years into its second century, GM is poised to shake things up in the boardroom and out on the road due in no small part to growing concerns about self-driving cars.
Booth Professor Wins Award For Top Doctorate Paper
Jonathan Dingel, assistant professor of economics at the Booth School of Business, has received the 2014 World Trade Organization Essay Award for Young Economists.
Dingel won the award for “The Determinants of Quality Specialization,” a paper that examines why high-income locations tend to manufacture high-quality goods. In the paper, Dingel assessed two competing theories that could explain this pattern. What he found was that the composition of local consumers’ income levels plays as large a role as local manufacturing workers’ skills in determining manufacturing quality across U.S. cities.
“The evidence suggests that market access plays an important role in quality specialization. I’m absolutely delighted that the WTO has chosen to honor my work on this topic,” Dingel said.
To be considered for this honor, papers must focus on trade policy and international trade cooperation issues. In addition, authors must either be working toward a doctorate or no more than two years past having received a doctorate. Dingel’s paper was written while he was working on his Doctorate at Columbia University.
“This paper addresses a central question in trade theory in an extremely competent way and has potentially important trade policy implications,” The selection committee said.
“This paper is part of a broader research agenda in which co-authors and I are exploring what causes different kinds of people and different kinds of businesses to choose different locations. Those choices have consequences for trade, growth, and inequality,” Dingel said.
