BABSON TALENT AT WORK CAREER IMPACT REPORT
UNDERGRADUATE CLASS OF 2016
THE MARKET HAS SPOKEN The National Association of Colleges and Employers (NACE) has defined the following career readiness competencies:
LEADERSHIP
TEAMWORK/COLLABORATION
ORAL/WRITTEN COMMUNICATIONS
CRITICAL THINKING/PROBLEM SOLVING
PROFESSIONALISM/WORK ETHIC
DIGITAL TECHNOLOGY
CAREER MANAGEMENT
GLOBAL/INTERCULTURAL FLUENCY
Source: www.naceweb.org/knowledge/career-readiness-competencies.aspx
BABSON COLLEGE IS ANSWERING THE CALL Our undergraduate education—featuring experiential learning inside and outside the classroom—is designed to ensure that our students build career skills they can use to make an impact in organizations of all types and sizes. Students develop an entrepreneurial mindset to handle real-world business challenges through our one-of-a-kind Entrepreneurial Thought & Action® (ET&A™) methodology. BUSINESS STRATEGY
+
LIBERAL ARTS EDUCATION
=
Babson’s innovative, experiential curriculum
FOUNDATIONS OF MANAGEMENT AND ENTREPRENEURSHIP (FME) New ventures created, developed, and launched by student teams COACHING FOR LEADERSHIP AND TEAMWORK PROGRAM (CLTP) Constructive, developmental coaching for all Babson students MANAGEMENT CONSULTING FIELD EXPERIENCE (MCFE) Semester-long student consulting engagements with company partners BABSON OFFERS 25+ CONCENTRATIONS Including Accounting, Business Analytics, Finance, Marketing, Operations, and more
WWW.BABSON.EDU/UGRADCAREER 1
GLOBAL THINKERS. CAREER EXPLORERS. Babson students learn to lead and collaborate alongside diverse peers, alumni, and business leaders from around the world. 65 LANGUAGES ARE SPOKEN 82 COUNTRIES ARE REPRESENTED
MALE: 52%
46% OF THE CLASS
OF 2016 PARTICIPATED IN EDUCATION ABROAD.
Undergraduate student population as of December 2016
DOMESTIC:
73%
INTERNATIONAL:
27%
FEMALE: 48%
83% OF 2016 GRADUATES
SECURED AT LEAST ONE INTERNSHIP WHILE AT BABSON.
BABSON’S GROWING
EXTERNSHIP PROGRAM OFFERS DIVERSE JOB-SHADOW OPPORTUNITIES IN THE UNITED STATES AND ABROAD.
TEAM PLAYERS. SELF-AWARE LEADERS. Our students are taught more than just technical business skills. At Babson, faculty members use their real-world experience to give students the hard and soft skills they’ll use to make a difference throughout their careers.
6 1 0 2
98%
EMPLOYED OR ATTENDED GRADUATE SCHOOL WITHIN SIX MONTHS OF GRADUATION*
40,000+ ALUMNI
IN 115 COUNTRIES AND ALL 50 STATES
*Of the Class of 2016, based on a knowledge rate of 87%
160+ STUDENT CLUBS AT BABSON COLLEGE
INCLUDING INVESTMENT BANKING, BUSINESS ANALYTICS, CONSULTING, OPERATIONS, AND MORE
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2016 CAREER OUTCOMES
*
GRADUATES BY INDUSTRY
GRADUATES BY FUNCTION
FINANCIAL SERVICES
24%
FINANCE
23%
TECHNOLOGY
22%
BUSINESS DEVELOPMENT/SALES
16%
ACCOUNTING
10%
MARKETING
11%
CONSUMER PRODUCTS
8%
ANALYTICS
10%
MARKETING/ADVERTISING
6%
CONSULTING
10%
CONSULTING
5%
OPERATIONS/LOGISTICS
8%
RETAIL/APPAREL/FASHION
5%
ACCOUNTING
7%
ENTERTAINMENT
4%
PROJECT MANAGEMENT
4%
HEALTHCARE
4%
GENERAL MANAGEMENT
3%
REAL ESTATE/DEVELOPMENT
4%
OTHER
3%
STRATEGIC PLANNING
2%
IN ADDITION, 1% OF GRADUATES WORK IN EACH OF THE FOLLOWING INDUSTRIES: EDUCATION, ENERGY, GOVERNMENT, MANUFACTURING, MEDIA, NONPROFIT, RECRUITING/STAFFING, TRANSPORTATION.
IN ADDITION, 1% OF GRADUATES WORK IN EACH OF THE FOLLOWING FUNCTIONS: ENTREPRENEURSHIP, HUMAN RESOURCES, INFORMATION TECHNOLOGY, MERCHANDISING
*Based on a knowledge rate of 87%.
8
PERCENT OF GRADUATES STARTED THEIR OWN BUSINESS
4
PERCENT OF GRADUATES ATTENDING GRADUATE SCHOOL
AVERAGE SALARIES BY INDUSTRY
GRADUATES BY EMPLOYER SIZE
ACCOUNTING
$60,595
5,001+ 33%
CONSULTING
$57,633
501–5,000 18%
$54,844
51–500 22%
CONSUMER PRODUCTS
EDUCATION/GOVERNMENT/NONPROFIT $45,000
11–50
14%
ENERGY
$48,333
1–10 14%
ENTERTAINMENT
$39,700
FINANCIAL SERVICES
$60,589
HEALTHCARE
$55,917
HOSPITALITY
$45,000
NORTHEAST
69%
MANUFACTURING
$48,062
INTERNATIONAL
11%
MARKETING/ADVERTISING
$40,600
WEST
8%
MEDIA
$50,000
SOUTH
6%
REAL ESTATE/DEVELOPMENT
$54,400
MIDWEST
3%
RECRUITING/STAFFING
$39,600
MID-ATLANTIC
2%
RETAIL/APPAREL/FASHION
$56,067
SOUTHWEST
1%
TECHNOLOGY
$50,994
GRADUATES BY JOB LOCATION
TRANSPORTATION/LOGISTICS SERVICES $45,873
56,267
$
AVERAGE ANNUAL STARTING SALARY FOR GRADUATES OF THE CLASS OF 2016
2
PERCENT OF GRADUATES RETURNED TO A FAMILY BUSINESS
SAMPLING OF EMPLOYERS ACCOUNTING
DELOITTE / EY / PWC / STANDISH MANAGEMENT, LLC / STOWE & DEGON
AEROSPACE AND DEFENSE/ ENERGY
SOLARCITY / TRICON INTERNATIONAL, LTD. / UNITED TECHNOLOGIES
ACCENTURE / CMA STRATEGY CONSULTING / DELOITTE / INNOSIGHT LLC / L.E.K. CONSULTING / MCKINSEY & COMPANY
CONSUMER PRODUCTS
ANHEUSER-BUSCH INBEV / BOSTON BEER COMPANY / THE COCA-COLA COMPANY / DUNKIN’ BRANDS / EURO-PRO / FENDI / THE GROMMET / L’OREAL / MCDONALD’S CORPORATION / PEPSICO FRITO-LAY / POPCORN, INDIANA / THE PURPLE CARROT RED BULL / SHARK NINJA
ENTERTAINMENT/MEDIA
INSURANCE
MANUFACTURING/TRANSPORTATION ACUITY BRANDS / ENTERPRISE / FEDEX / KRONOSPAN
MARKETING/ADVERTISING ORIONCKB / TECHTARGET / VAYNERMEDIA
REAL ESTATE/DEVELOPMENT
BOSTON PROPERTIES / CBRE / GIBSON SOTHEBY’S INTERNATIONAL REALTY / RIALTO CAPITAL MANAGEMENT
RECRUITING/STAFFING
BOSTON RED SOX / NBCUNIVERSAL
GROE ADVISORS LLC / ROBERT HALF / SOFTWORLD
AXA ADVISORS / BANCO POPULAR / BANK OF AMERICA MERRILL LYNCH / BB&T / THE BLACKSTONE GROUP / CITIGROUP / CITIZENS / CREDIT SUISSE / FIDELITY INVESTMENTS / FIRST REPUBLIC BANK / GOLDMAN SACHS & CO. / HARBOURVEST PARTNERS, LLC / HARRIS WILLIAMS & CO. / J.P. MORGAN / JOHN HANCOCK / MORGAN STANLEY / PIPER JAFFRAY / ROTHSCHILD / SANTANDER BANK / SILICON VALLEY BANK / STATE STREET / STIFEL / UBS
1,829
ATHENAHEALTH / BOSTON SCIENTIFIC CORPORATION / CVS HEALTH / PICCPERFECT / THERMO FISHER SCIENTIFIC / UNITEDHEALTH GROUP / VERTEX PHARMACEUTICALS AFLAC / ALLSTATE / AMERIPRISE / AMICA MUTUAL INSURANCE / GEICO / METLIFE
CONSULTING
FINANCIAL SERVICES
HEALTHCARE
RETAIL/APPAREL/FASHION
J. JILL GROUP / MAX MARA FASHION GROUP / ROSS STORES, INC. / STAPLES / THE TJX COMPANIES
TECHNOLOGY
ACQUIA / ALIBABA GROUP / AMAZON / CARBON BLACK / CISCO SYSTEMS / DELL SERVICES / FACEBOOK / GOOGLE / HUBSPOT / MATHWORKS / NIELSEN / ORACLE / PAYTRONIX / PTC / RAPID7 / RSA SECURITY / THOMSON REUTERS / VISTAPRINT / ZEROTURNAROUND
COMPANIES POSTED INTERNSHIPS OR JOBS WITH BABSON DURING THE 2015–2016 ACADEMIC YEAR
83
PERCENT OF 2016 GRADUATES HAD AT LEAST ONE INTERNSHIP WHILE AT BABSON
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“ Babson College offers a transformative learning experience that combines an elite business education with the intellectual and cultural environment found in top colleges and universities. Add in the know-no-boundaries drive, curiosity, and instinct to disrupt that are inherent in our culture, and Babson truly stands apart. This mix makes for a personal and powerful learning experience in the classroom, across campus, and in the world.” – IAN LAPP, PHD, DEAN OF THE UNDERGRADUATE SCHOOL
#1 FOR ENTREPRENEURSHIP
– U.S. News & World Report, 1994–2016 (Ahead of University of Pennsylvania, MIT, and NYU)
#1 PRIVATE BUSINESS COLLEGE FOR SALARY POTENTIAL
– PayScale, 2016
(Alongside Stanford University, MIT, Caltech, and Princeton University)
#2 FOR UNDERGRADUATE ALUMNI EARNINGS – U.S. Department of Education College Scorecard (Ahead of Georgetown University, University of Pennsylvania, and Yale)
View all of Babson’s recent rankings at www.babson.edu/rankings.
ADVISING AND SUPPORT
WAYS TO ENGAGE
WITH THE CENTER FOR CAREER DEVELOPMENT
»» Benefit from industry-specific and international advising »» Build your online and in-person brand »» Connect with employers and alumni »» Explore career paths »» Learn effective networking »» Negotiate job offers »» Prepare for interviews »» Receive résumé and cover letter review »» Strategize your internship and job search
EXPERIENTIAL OPPORTUNITIES »» Career Exploration Lab »» Experience the Industry trips »» Externships Externship = job-shadow opportunity that’s a great way to get insight into an industry, organization, or role
»» Internships »» Management Consulting Field Experience (MCFE) »» Summer Intern Sponsorship Program
EVENTS AND PROGRAMS »» Alumni Industry Advisors »» Babson Connect events »» Career 101 »» Career Boot Camp »» Career Expo, Internship Fair, Senior Job Fair »» First-year Fridays
Babson has joined the Handshake recruiting platform. It’s now easier than ever to explore job opportunities.
»» Industry Spotlight program »» Résumania »» Senior Series
RESOURCES »» Career assessment tools »» CareerBeam online career management tool »» Global alumni directory »» GoinGlobal »» Handshake job portal »» Interview suites »» Job and industry research databases
WWW.BABSON.EDU/UGRADCAREER 9
“ During my first semester, I set out to find an internship for the upcoming summer. CCD’s Internship Sponsorship Award helped me fully commit to an unpaid congressional internship, which gave me key experience that led to an internship and full-time offer from Deloitte. While the CCD advisors recognized that my career path was nontraditional, their commitment never waned throughout my career search.” – JI HWAN KIM ’18
CONNECT WITH BABSON TODAY “ CCD helped me secure my full-time job as an associate analyst in finance at National Grid. They guided me through the whole career process, from résumé, cover letter, and network building to helping me with case interview preps and offer discussions.” – SHUN PING HUANG ’17
“ If I had not used CCD as a resource, I would not have had the opportunity to intern for the Global Operations Finance team at Boston Scientific. I discovered my interest about the medical device field and gained knowledge about an industry that I was never previously exposed to.” – GYDA SUMADI ’18
BABSON / BABSONCOLLEGE UNDERGRADUATE CCD /
@BABSON UNDERGRADCCD
“ I first visited CCD as a first year, and the support I received in person and online gave me confidence walking into my interview because I knew that I was well prepared. Currently, I will be returning for a second internship with PwC.” – DAVELE ZEPHYR ’19
BABSON
@BABSONCOLLEGE
@BABSONUGRADCCD
@BABSONCAREER
www.babson.edu/ugradcareer 231 FOREST STREET, BABSON PARK, MA 02457-0310
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