Saturday, May 28, 2005

Ward Klein, CEO of Energizer, Kellogg MBA

Ward Klein, CEO of Energizer Holdings, was mentioned in a USA Today article that shows all of the Fortune 1000 CEO appointments in 2004, and where they went to undergrad and graduate school. The list mentions his undergrad degree from St. Olaf and his MBA from Kellogg at Northwestern.

Ward is also mentioned in the Spring St. Olaf Magazine - check your mailboxes for this article.

Congratulations Ward!

Friday, May 27, 2005

Wall Street is Knocking on MBAs Doors Once Again

Reuters - MBA grads find Wall Street wants them - again

50 % of MBA Grads Found Jobs in 2005

"For newly minted business school graduates, this was the most successful job-hunting year since 2001, a new survey says. Half of students finishing master's of business administration degrees this year had job offers by mid-March, according to the survey of 5,829 students at 129 business schools conducted by the Graduate Management Admission Council, an organization of business schools."

Full story is below:
http://news.yahoo.com/s/ap/20050527/ap_on_re_us/mba_grads

Tuesday, May 24, 2005

Fortune.com - 100 Most Desirable MBA Employers 2005

Fortune.com - 100 Most Desirable MBA Employers 2005

This is the annual survey that Fortune Magazine sends out to MBA graduates and asks them who they most want to work for. I've posted the list of the top 10 below from their website (link above). For access to the rest of the list, you need to buy the upcoming issue of Fortune, or subscribe to their website.

Some Minnesota companies that made the list (rank in parentheses): 3M (17), Target (46), General Mills (53), Best Buy (61), Medtronic (72), Guidant (80).

And these companies have offices in Minnesota: McKinsey (1), General Electric (10), Deloitte (12), IBM (14), American Express (20), Accenture (30), PricewaterhouseCoopers (38), Ernst & Young (55), BearingPoint (70), KPMG (71), Cap Gemini Ernst & Young (93).

In addition to this list, columnist Anne Fisher writes about Why It's a Good Time to be an MBA. She highlights that students are getting more offers and are venturing outside the traditional on-campus MBA recruiters. More and more companies are recognizing the value of an MBA besides the consultants and bankers, which results in increasing overall interest in the skills MBA graduates can provide employers.

2005 Rank 2004 Rank Company % Who Put
in Top Five
1 1 McKinsey & Company 18.03
2 2 Citigroup 13.55
3 3 Goldman Sachs 12.55
4 7 Bain & Company 11.55
5 13 The Boston Consulting Group 9.79
6 5 Johnson & Johnson 9.64
7 10 Booz Allen Hamilton 9.47
8 19 Bank of America 8.71
9 25 Morgan Stanley 8.60
10 9 General Electric 8.21

MBA Recruiters Returning to Campus

The job market for MBA graduates is picking up. This article in the Wall Street Journal's "CareerJournal.com" site discusses some of the recent activity for recruiters on MBA campuses.

Search for a new Dean of the Carlson School

SOMA member Lars Leafblad '99 (Carlson School of Management) is serving a student delegate to the search committee for the new Dean of the Carlson School. The committee just released the four finalist candidates and you can learn more about them through the link below:

http://www.csom.umn.edu/Page3221.aspx?showcontent=39126&display=102&templateID=24

Lars welcomes ideas, input, and possible questions to pose to these candidates from SOMA members, especially fellow Carlson School alums. You can email him at: larsleafblad@yahoo.com