group 5 consulting for managers hkust career development office kumar, anoop mak, chung wai eric...
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Group 5
Consulting for Managers
HKUST Career Development Office
KUMAR, Anoop
MAK, Chung Wai Eric
RAMANI, Karthik
TAM, Wai Yin
ZHANG, Zhenhua
Group 5 Pyramid Summary ( Contd.)
Exposure to Industry helps student evaluate their career choices
Better career skills (interviews, workshops) opens up possibility for more opportunities
Consultancy & Internship projects in turn leads to understanding the job requirements
Students will be able to decide on their career choices
Students can be more proactive and not depend on CDO
It helps change the students attitude to the CDO
Networking with Exchange, PT & Alumni opens up new opportunities
Networking on Electronic Media & Social Networking helps leverage distant connections
Networking at Industry events leads to better job opportunities
Group 5 Exposure to Industry*
Aspiration Vs Reality on Industry Exposure
0
5
10
15
20
25
30
35
40
Finance Consulting Energy FMCG Chemical Shipping
Industry Interested in(%)
Industry Exposure got( Intern/Consulting Project)(%)
Result: Students unable to get the industry exposure they wanted (like internship or consulting projects) and hence feel the CDO did not perform upto their expectation
* Dummy data and Explanations
Group 5 Internship Opportunities*
% Obtained Internship, 45
Not Obtained Internship, 55
Source of Employment
0% 10% 20% 30% 40% 50%
CDO
Internship
Self/Networking
Prev.Employer
Self Employed
Source of Employment
Employment Sources Internship obtained or not obtained
•% of people who found a job through their internship is high
•Number of people finding internships is less.
•Result: Affects the morale of the students as their intent of joining the MBA program is not fulfilled.
* Dummy data and Explanations
Group 5 Career skill development (interviews, workshops)*
Avg. Participation %
42%
29%
29%
Mock Interview s
Workshops
Career talks
0
5
10
15
20
25
30
35
40
Mock Interviews Workshops Career talks Total
No: Activities(HKUST)
(Other School)
The CDO activities by number of events is the almost the same compared to other B-Schools
Participation rate by HKUST students in activities is very less
* Dummy data and Explanations
Result: the overall activity participation in MBA HKUST need improvements.
Current Activities by CDO
Participation rate by activities
Group 5 Decision of career choices
• http://mba.ust.hk/ftmba/career/statistics.html• Career Statistics 2004-08
HKUST Graduate Tracking Research
• Data available• Result: the post-MBA career function and job location switch do
not meet students expectation.
• Graduate Job Location • Career Switch vs. Advancement • Pre vs. Post MBA Industry & Function • First Job Industry and Function • Current Job Industry and Function • Pre vs. Post MBA Job Level (Title)
Group 5 Students need to be more proactive in networking
Unemployed students do not apply to enough jobs.
Current Students need to be more proactive with
networking
Group 5 Students attitudes towards CDO
Top Rating on xxxxxxxxxxMicrosoft Excel
Worksheet
01020304050607080
Satisfaction Index
I II III IV V VI VII VIII
Categories
Satisfaction Index across Categories
SA
A
NAD
D
SD
Category Rank Index Index
I. Understands career aspirations 3 72.38% II. Support for students throughout recruitment process 2 74.41% III. External reach to recruiting resources/ key decision makers 1 79.93% IV. Communication effectiveness 7 69.68% V. Selection of jobs 6 70.87% VI. Workshops and counselling 8 69.30% VII. Range of services 5 71.35%
Recommendations to CDO office to improve perception
• recommendation 1
• recommendation 2
• recommendation 3
Source : http://www.webresearch.mq.edu.au/careers/
Group 5 Leveraging Connections (Exchange, alumni & part-time students)
HKUST FTMBA Alumni - Off program placement resulting from alumni connections
11% 2%
27%
1%
7%11%
26%
15% IT
Engineering
Finance
Legal
Business Development
Marketing/ Communications
Consulting
Human resources
Channels of new employment post HKUST FT MBA Program
60
40
20
20
10
10
0 10 20 30 40 50 60 70
CDO - desired field/ company
Alumni - connection to currentfield
CDO - not desired
Alumni - connection to desiredfield/ company
Returned to previous positions- pre-assigned
Others (Pursue entrepreneurialopportunites, sabbothical, etc)
Highlights of the trends
• xxx
• xxx
• xxx
• xxx
• xxx
Group 5 Collaboration on Electronic Media & Social Networking
.
.
.
Type
Social Networking
Social Networking
Social Networking
Job Board
Job Board
Penetration
100%
80%
20%
100%
70%
Average time
40 mins
5 mins
40 mins
30 mins
30 mins
Digital media has dominated our web presence over the years and unavoidable
Group 5 Leveraging industry events
Does your company recruit from industy events? (e.g. Trade shows, Industry conferences)
Yes
No
Number of key industry conferences hosted in Hong Kong per year by function
0 10 20 30 40 50 60 70 80
IT
Engineering
Finance
Legal
Business Development
Marketing/Communications
Consulting
Human resources