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Top functions for the graduating class of 2013 MBA2s

 

The class of 2013 MBA students have just recently arrived back on campus to start their second year of business school, but they're already well on their way to their new career next summer. And despite the current economic landscape and upcoming political events, not much has changed when it comes to the functional experiences and preferences of the world's top MBAs.

Whether they're career accelerators or career changers, most of them have already updated their resumes, completed their job-seeker profiles, and by now they've even started interviewing for jobs.

So what are these current MBA students interested in? Our job-seeker profiles -- used by more than 70 of the world's top graduate business schools -- offer some insight into their job function preferences and experiences.

Not surprisingly, this year's graduating class of 2013 MBA students is most experienced in Finance and these six other functional areas:

  • 1. Finance: 42.8% of candidates selected a Finance-related functional experience
  • 2. Marketing: 35.7%
  • 3. Management: 35.4%
  • 4. Consulting: 34.4%
  • 5. Engineering: 21.1%
  • 6. High Tech: 14.8%
  • 7. Operations: 10.3%

Which is no different from last year's graduating class of 2012 MBA2s:

  • 1. Finance: 42.2%
  • 2. Marketing: 36.6%
  • 3. Management: 36.4%
  • 4. Consulting: 32.4%
  • 5. Engineering: 20.9%
  • 6. High Tech: 15.0%
  • 7. Operations: 10.4%

And it is also very similar to this same class of 2013 students when they were first-year MBA1s:

  • 1. Finance: 42.6%
  • 2. Marketing: 33.2%
  • 3. Management: 31.8%
  • 4. Consulting: 30.8%
  • 5. Engineering: 19.5%
  • 6. High Tech: 12.3%
  • 7. Operations: 8.9%

But it's very different from the job function preferences for this current class of 2013 MBA2s, where more than half of these students are now interested in Management positions. And Consulting is now the second most popular job function:

  • 1. Management: 51.0% of candidates selected a Management-related functional preference
  • 2. Consulting: 49.9%
  • 3. Finance: 49.5%
  • 4. Marketing: 47.4%
  • 5. High Tech: 14.3%
  • 6. Operations: 10.1%
  • 7. Engineering: 4.1%

It's not surprising that that these business leaders are interested in Management. It's an obvious function for the world's best "business leadership" talent. But what's interesting is that many of these students are in fact career changers; specifically, former Engineers seeking a career in some other functional area.

And it's most surprising that Consulting is now #2.  Finance was still the second most popular functional preference for last year's graduating class of 2012 MBA2s:

  • 1. Management: 51.6%
  • 2. Finance: 49.2%
  • 3. Marketing: 48.3%
  • 4. Consulting: 46.7%
  • 5. High Tech: 13.5%
  • 6. Operations: 9.8%
  • 7. Engineering: 3.6%

And just last year, more than half of this same class of 2013 MBA students was interested in Finance:

  • 1. Management: 51.5%
  • 2. Finance: 50.3%
  • 3. Marketing: 49.0%
  • 4. Consulting: 48.5%
  • 5. High Tech: 12.8%
  • 6. Operations: 9.3%
  • 7. Engineering: 2.7%

But overall, the top seven MBA functions basically remain the same: 2 out of 5 MBAs have experience in Finance, and roughly half of them are interested in Management.

 

Wordle: Top 7 MBA Job Functions (2013)

For a complete breakdown of the profile demographics and five-year trends of the MBAs at the world's top business schools, please visit mbafocus.com/analytics to request the official Candidate Analytics Report.

Statistics above based on the candidate profiles of over 12,000 current graduating students at MBA Focus partner schools who have completed a profile already this year and 18,000 students from last year who graduated in the Spring/Summer of 2012. Candidates may choose more than one answer.

 

 

Author

Ryan Pratt

Ryan Pratt is the Vice President of Marketing and Research at GradLeaders. During his 10+ years at GradLeaders, the network has grown to have now helped over 600,000 employers and 26,500,000 students from more than 1,000 schools around the world. Ryan graduated from The Ohio State University with a Bachelor of Arts in Journalism.

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