Marilyn Davies College of Business Career Center - Newsletter
Welcome to the first edition of our MBA newsletter!
Our goal for this newsletter is to keep you better informed of MBA-specific jobs, events and resources related to our office as well as recruiting trends and the job outlook for your area(s) of expertise. We hope that you find this newsletter to be a valuable resource.
Securing an MBA is a smart decision. Based on the 16th annual Corporate Recruiters Survey from the Graduate Management Admission Council (GMAC) conducted in February/March 2017, 9 out of 10 companies in the U.S. plan to hire MBA graduates in 2017. Many employers are also expanding MBA internship opportunities, according to the 2016 Year-End Poll of Employers. "Among employers with internship programs, 66% plan to offer internships to MBA candidates in 2017. Eighty-two percent of the poll respondents said their companies will maintain (23%) or increase (59%) the number of internships offered to MBA candidates compared with 2016."
Internships remain as important as ever. Past GMAC research indicates that those who secure internships are more likely to secure full-time employment after graduation. In addition, starting base salaries for those who have completed internships are positively influenced.
What is driving the need employers have for MBA's? In short, it has to do with 'improving performance and productivity' being the company goal most frequently cited. This is a reflection of industry's overarching goal to operate more efficiently and improve output.
What skills are employers seeking in MBA candidates? According to GMAC in their June 2017 report "What Employers Are Looking for in 2017 Business School Hires", Communication skills and people skills (teamwork), top the list as #1 and #2 respectively. The rest of the list in order of importance is technical skills, leadership skills and finally, managerial skills. Communication skills specifically includes these areas: Oral communications, listening skills, written communication, and presentation skills. "By employer industry, oral communication was the top-rated skill for consulting, healthcare/pharmaceuticals, technology, products/services, and nonprofit/government. Listening skills was the top-rated skill for the energy/utilities industry."
All of this is to say that you've made the right decision to pursue your MBA. The jobs are out there and hiring is increasing. Our team in the MDCOB Career Center is working everyday to make connections with new employers and uncover internships and full-time positions. However, it's a partnership so we expect your active participation by reviewing and applying to jobs we list, attending our career events and employer info sessions and by providing any introductions and/or leads that will increase the number and quality of employers recruiting Marilyn Davies College of Business MBA's.
We are here to help and are excited to be a part of your journey. We wish you all great success! As I always say, "If you have a dream, go for it!"
Brett D. Hobby
Director, Career Center
Marilyn Davies College of Business
Marilyn Davies College of Business Naming Ceremony
A celebration was held Tuesday October 24th for the naming of the new Marilyn Davies College of Business. The event was held outside of the south foyer of the College of Business, located at 320 North Main.
Ms. Davies, along with UHD's faculty, staff, students and alumni celebrated with a reception filled with remarks from UHD President
Dr. Juan Sánchez Muñoz, Dean of the College of Business, Dr. Michael Fields, former Interim President, Dr. Michael Olivas and Ms. Davies.
On February 23rd, 2017, it was announced that our College of Business had received a $10 million naming gift from local businesswoman Marilyn Davies and effective that date, UHD's COB would henceforth be known as the Marilyn Davies College of Business. This is the first college of business in the state of Texas and only the fourth college in the U.S. to be named for a woman.
A naming gift signifies that the donor greatly values the academic mission of the entity being supported. The structure of a naming gift is typically a financial endowment and is constructed in such a way that the principal is kept intact while the investment income is available to be used by the named entity.