The Newest NYC Business School Careers
New York City is one of the world’s major financial hubs, and the many companies that keep offices in it are always looking for new talented MBAs. All of the jobs in this week’s listing have been posted within the past seven days and are located in Manhattan. Get ahead of everyone and apply now if you see something that you like.
Continue reading…Critical FAQs About the Cornell Tech MBA
What is the Cornell Tech MBA program? How do you know if it’s the right program for you? Recently, Adam Gavish, a Cornell Tech MBA alum, wrote about his experience and shared his opinions on LinkedIn. Here’s what he had to say.
What Makes the Cornell Tech MBA Different?
There are four key elements that make the CT MBA different than other programs.
- The Tech Industry: In this MBA program, you’ll get close to the tech industry, meeting and learning from hundreds of industry professionals. You’ll also dive into real-life experiences and learn tools from the tech industry.
- Hands-On Experience: As a Cornell Tech MBA, you’ll design mock UIs, implement proof-of-concept prototypes, conduct user research, explore product ideas, and more.
- Cross-Disciplinary Collabs: You’ll work with students from multiple MBA programs, computer science programs, and more to solve problems.
- Entrepreneurial Focus: From learning how to be a better public speaker to exploring customer empathy, you’ll gain entrepreneurial skills throughout the program.
Where Do Alumni Work?
After graduating with your Cornell Tech MBA, what type of job can you expect? According to Gavish, the program is best for product managers, whether at big or small companies. Alumni go on to work for a wide range of companies including Amazon, BlackRock, eBay, Google, MasterCard, Microsoft, Twitter, the Wall Street Journal, and more.
That doesn’t mean you can’t pursue a career in consulting, sales, or operations with a CT MBA, but you’ll gain the most experience in product management.
What About Post-MBA Recruiting?
When you graduate with a Cornell Tech MBA, you can rest easy knowing that you’ll have plenty of recruiting opportunities. Since the campus is located in New York City, you’ll have physical access to thousands of big tech companies and startups. You’ll also have access to the Cornell network, which is massive and incredibly helpful and giving. Last, but certainly not least, the CT Career Management Center is very well connected.
Risks of a One-Year MBA?
However, if you do decide to pursue the CT MBA, there are a few things to keep in mind.
- There is no summer internship, which can be negative for individuals who have never worked in the tech industry before and need extra experience.
- There’s also very little time to think about your post-MBA career during the program, so you have to plan and plan well.
- When you’re trying to cram full-time learning and course work into just 12 months, you can expect a lot of stress and hard deadlines.
See all that Adam Gavish had to say by checking out his post, here.
This article has been edited and republished with permissions from its original source, Clear Admit.
New Media Industry Jobs for Business School Grads
The reputation of the traditional MBA career path is they either move into a major financial firm or become consultants. While this stereotype belies the diversity of MBA careers, to outsiders the available options can seem quite limited, especially if the graduate in question is interested in more creative pursuits.
This week’s newest jobs are for the folks who want to apply their business skills to creative ends. The four new media industry give a broad view what companies need from b-school grads, offering positions at digital powerhouses and traditional recording studios. If you have always prized your knowledge of television or music, these might be options for you.
Register for the 2019 Forté MBA Forums for Women
Registration is open for the 2019 Forté MBA Forums. Designed for women considering an MBA, the Forums provide an ideal opportunity to learn more about the value of an MBA from admissions reps, alumnae, and current students at top business schools. Open to all women—career changers, college students planning the future, or career professionals looking to go to the next level—the events provide a distinct MBA advantage.
About the Forté MBA Forums
The MBA Forums are FREE and held in 11 cities across the U.S. and Europe. The events are a chance for women to build their peer support network and meet other successful businesswomen from a diverse range of industries. The MBA Forums offers exclusive insights into the MBA admissions process.
“The Forté Forum event provided the exact insights we were looking for,” said Madeline Keulen, Forté MBA Forum attendee and 2019 HBS alum. “Most of the schools I was interested in had representatives at the event who could speak to the specifics of their programs, and panels of alumni enhanced the richness of the experience through their personal stories of why they chose to pursue an MBA. I have a much better sense of where I’d fit best.”
2019 Event Dates and Locations
- August 12, Washington, D.C.
- August 13, Houston, TX
- August 14, Atlanta, GA
- August 15, Boston, MA
- August 19, Los Angeles, CA
- August 20, Seattle, WA
- August 22, San Francisco, CA
- August 26, Toronto, Canada
- August 27, Chicago, IL
- August 28, New York City, NY
- October 29, London, England
Sample Event Format
6–8:15 p.m. – Registration and School Fair
- Connect with admissions at top business schools
- Learn more about the admissions process
- Find the right school for you
- Networking reception
7–8 p.m. – MBA Alumnae Panel
Get advice and hear stories from top MBA women in a range of industries and at various career stages. Learn what motivated them to earn their MBA and the successes and challenges they’ve faced.
8:15–9 p.m. – Admissions Panel
Enjoy a panel of seasoned MBA admissions professionals from top programs. Learn more about admissions requirements, researching schools, applications, and financing.
Visit the site to see more details about locations and to register!
Top MBA Recruiters: Invesco
Founded in Atlanta in 1978, investment management firm Invesco has become a global leader in the field, with offices in 25 countries and over $11 billion in managed funds for its clients.
The firm, as of a July 2019, features around 8,000 employees. U.S. offices, in addition to the Atlanta headquarters, include Chicago, Dallas, Austin, Newport Beach, CA, Los Altos CA, Portland OR, Boston, and New York City.
MBAs with various levels of career experience contribute to the large talent pool from which Invesco hires. Here, we’ll break down the firm’s recruitment and hiring process, salary, and an overview of company culture.
Landing an Invesco Career
Invesco, like most global asset management firms of its size, has an in-house recruitment team that seeks graduate level students throughout the year. With an Early Career program for those just starting after their MBA studies, Invesco prides itself on grooming ‘future asset management leaders.’ Analyst roles are the most prevalent for recently graduated hires, and MBAs who possess previous work experience are obviously considered for commensurate positions.
An early career Properties Analyst in the Atlanta office says:
“What I like most about working at Invesco is the opportunities I’ve been given in my job. I’m a recent grad; at other companies I was just there and didn’t have a ton to do. Once I started my job at Invesco, I’ve had challenging assignments and so many interesting projects to work on – it’s really helped develop my skills and prepared me for my next role.”
The company’s website offers a talent network which enables applicants to obtain optimal job matches for their backgrounds. It prides itself upon honoring their applicants’ individual areas of expertise; each new hire is asked questions regarding the division in which they believe they would function best. MBAs are sought in all divisions, but a large number are hired in Finance & Accounting, Quantitative Analytics, Investment Services & Operations, Marketing & Product Management, and Sales.
Paysa reports that the most valued skills as Invesco are related to investments, with 39 percent of hires possessing this type of background. This is followed by experience in mutual funds (29 percent of hires); general management (29 percent), and asset management (27 percent).
As for interviews, Glassdoor data shows that 66 percent surveyed reported a positive experience. Around 39 percent of those who interviewed applied online, 19 percent were interviewed via referral, and 28 percent were recruited either on a campus or from another employer.
Invesco Career Compensation
New York City Invesco employees typically see the highest annual salaries ($132,000), according to Paysa. Boston follows in second ($129,000), then San Francisco ($126,000), Atlanta ($116,000), and Dallas-Fort Worth ($105,000). The overall base salary average at Invesco is $102,661. This includes a base salary of $70,000 in the 25th percentile and $125,000 in the 25th percentile.
Accountants in various departments start out closer to the lower percentile. Fund accountants, along with those that manage corporate accounts, make an average of $54,000 and a range of $48,000-68,000. Senior accountants bump up to a range of $62,000-73,000. Analysts working in equities average $95,000 on average, while financial reporting analysts bring in an average of $80,000. Portfolio administrators typically earn around $60,000.
Averages for management roles at Invesco include the following:
- Director – $109,000
- Program Manager – $119,000
- Project Lead – $108,000.
As for marketing roles, business analysts make $107,000 on average, Senior Business Analysts earn $116,000, and Marketing Managers earn $73,000, on average.
Invesco is in the top 300 highest paid finance companies according to Paysa, at 280th.
Life at Invesco
A July 2019 Indeed review on Invesco states, “Depending on the department, Invesco is a great company to work for. Some areas allow employees to work remote a few days a week and Friday’s and Monday’s are generally casual dress days. The work life balance is good in most departments and the benefits are okay. The health plan is way too expensive but it covers a lot. Most employees throughout the company are driven, intelligent and work hard because they really take pride in what they do and in the company as a whole.”
Another employee reports “great benefits and development opportunities,” and a veteran employee noted, “I worked at Invesco for 18 years so there were a lot of changes … Early morning and close of day were very busy. I had an excellent supervisor who was very supportive and made work a lot easier. Best company I ever worked for.”
Employees at the Atlanta Invesco headquarters, seen here, typically earn more than $100,000 annually.
The company boasts a “diverse and inclusive culture,” though it is reported to be made up of a 52 percent white, male identifying workforce. About 31 percent of employees are female identifying, while 20 percent did not disclose gender. Around 36 percent did not disclose ethnicity, but those who did were 7 percent Asian, 4 percent LatinX, and 1 percent African descent.
Invesco makes an effort to involve employees in charitable organizations, with volunteer events and giving opportunities. The company also prides itself on responsible investment, as stated in its 2018 Corporate Social Responsibility Report. The company offers competitive health coverage, parental leave, compensation for education and certifications, retirement planning and income protection. Like many of its peers, Invesco also offers compensation for gym memberships and wellness programs.
Top 5 Paying MBA Careers: Insurance
Insurance is a fast-growing career field. In the next 12 months, 63 percent of insurance companies plan to increase their staff numbers, according to a recent industry trend report.
In fact, by 2020, almost 400,000 insurance jobs are projected to be available. When combining that with the fact that millennials aren’t very interested in working in insurance—only a third demonstrate any interest—it’s a great career field to consider.
There’s a wide range of jobs, across a broad spectrum of career paths, within the insurance industry, and compensation is higher than average. Entry-level professionals can expect to earn more than $50,000 a year, and that number only increases as you gain experience.
In this article, we’re breaking down the highest paid insurance jobs, the companies where you’ll earn the most money, the top MBA programs, and where you should live. Continue reading…
