Wisconsin School of Business Employer Relations News
The students, faculty and staff at the Wisconsin School of Business are grateful for our employer partners and your commitment in hiring our students and making a positive impact in their lives and careers. We are excited to work with you to further cultivate these relationships in 2017! This issue of Bucky’s Briefcase brings you an update on the first cohort of students to participate in our Business Emerging Leaders Program, an initiative begun last summer to build diversity in the Wisconsin BBA Program. You will also find news about upcoming Spring Career and Real Estate fairs, as well as updates on salary and hiring outcomes for our graduates. We are also excited to share program updates with you including the addition of two new career services team members.
Spring Recruiting News and Events
Coming Soon: Spring Recruiting Season
Do you have recruiting needs for the New Year? Perhaps you have unmet hiring goals or just in time hiring needs? Spring on-campus recruiting at the Wisconsin School of Business will kick off on Monday, January 23 and continue through April 28. Employers can make their reservations now through BuckyNet
. BuckyNet is also your tool for scheduling employer information sessions, registering for career fairs, posting positions on our job board and for accessing online student resume books.
Don’t have the time or budget for a trip to campus, but still want to conduct face-to-face interviews? Consider videoconference or Skype interviews to interview potential candidates. For assistance with on-campus or virtual recruiting, BuckyNet services, as well as strategies to build your employer brand on campus, contact our Employer Relations Team.
A reminder: Employers who are planning recruitment or promotional activities in Grainger Hall are expected to work through or notify Wisconsin BBA Career Services.
Spring Career and Internship Fair, Real Estate Fairs Now Open
Take advantage of two opportunities to connect with top-notch students from the School of Business and throughout the UW-Madison campus this February. The Spring Career and Internship Fair
is slated for Thursday, February 2, from 4-8 pm at the Kohl Center. Last year, representatives from over 230 employers spoke with 1,800 students regarding open positions as well as projected needs for fall 2017. Register for the fair here
Interested in connecting with more than 300 undergraduate and graduate Real Estate students from the #2 ranked real estate program in the country? Register for the 18th annual Real Estate Fair, scheduled for Monday, February 13 from 6:30 – 8:30 pm at Union South. Hosted by the Wisconsin Real Estate Club, employers can participate in a Speed Networking Session from 4:00 – 5:00 pm in Varsity Hall prior the Pre-Career Fair Dinner. To register visit http://www.realestateclub.org/recruiters or log-in to BuckyNet.
Keep in mind the following tips when preparing for a career fair:
- Send representatives who are familiar with your available positions and company culture. Recent hires and alumni have credibility with students and what they say is valued and trusted.
- Be open to speaking with freshmen and sophomores. While you may not have a position for them today, this is a great time to foster a positive brand image and start building your future talent pipeline!
- Utilize the searchable resume books in BuckyNet to invite students to visit your company’s booth at the fair.
- Stand out in front of your booth with a smile to project a welcoming presence to students.
- If your organization has career and internship opportunities globally, have information available about how to apply for such positions. This is particularly helpful for our international students looking to return to their home country.
We look forward to seeing you at our career fairs this spring!
Celebrating WSB Program and Student Successes
Inaugural BEL Program a Success
Last summer, the Wisconsin School of Business launched a groundbreaking program to start top-performing high school students on the path to careers in business. The Business Emerging Leaders (BEL) Program welcomed an inaugural cohort of 30 BEL scholars in July 2016. The goal of the program is to identify high-achieving 10th-grade students from diverse and underrepresented backgrounds and support their journeys to becoming Business Badgers.
Beginning after their sophomore year in high school, BEL scholars come to the University of Wisconsin–Madison campus for annual weeks-long summer sessions to take the first steps toward a business education. It’s the first program in Wisconsin, and possibly the nation, to provide multi-year academic and career exploration in business for high school students.
“Waiting until students are at our doorstep isn’t enough if we want to build a diverse learning community within the School,” says Louis Macias, director of admissions and pre-college programs for the Wisconsin BBA Program at the Wisconsin School of Business. “This program and our efforts reflect our core value of diversity and inclusion at the Wisconsin School of Business. We’re building the pipeline, reaching back, and planting seeds.”
The first group of BEL scholars arrived on campus July 9 for their three-week session. They will return for four weeks after their junior year of high school and five weeks after their senior year. The program is merit-based, and applicants must have and maintain a 3.0 cumulative grade-point average. After completing the BEL Program, participants who earn admission to UW–Madison as business majors through the regular undergraduate admission process will receive a full-tuition, four-year scholarship funded by an anonymous donor, as well as direct admission to the Wisconsin School of Business.
This year’s participants included high school students who have a clear idea of what they want in a potential business career and others who like the idea but hope the BEL Program can provide them with more guidance.
“This brings into focus what I want to do,” says a BEL student from Milwaukee. “I’m fascinated by marketing and management, but I’m not sure what I want to do with it. I wasn’t getting the help I wanted at school, and I wanted to talk with business leaders and other students about it.”
As part of the program, BEL scholars made company site visits at Target and General Mills, took part in hands-on learning sessions, competed in a “Badger Tank” contest to pitch products or services, learned about networking, and prepared for the ACT test. They spent time experiencing more of campus beyond Grainger Hall. There were also social events such as a skate night and a Madison Mallards baseball game.
As one of many initiatives that reflect the School’s commitment to diversity and inclusion, the BEL Program helps BEL scholars make a personal connection with WSB faculty and staff.
“The BEL Program focuses on creating a sense of community at the Wisconsin School of Business and within the UW‒Madison,” says Steve Schroeder, assistant dean of the Wisconsin BBA Program at the Wisconsin School of Business. “We could not be more excited about this program and the potential to change lives and help realize dreams.”
The Wisconsin BBA looks forward to summer 2017 when it will welcome back these students for year two of the program and introduce a new first year cohort to the School.
Federal STEM Designation for Supply Chain, OTM
Two specialized Wisconsin MBA programs have become the first MBA programs in the country to receive federal STEM (Science, Technology, Engineering, Mathematics) designation from the U.S. Department of Homeland Security. While most STEM designations are in engineering and sciences, the Operations and Technology Management and Supply Chain Management specializations of the Wisconsin MBA Program were recognized for their strong STEM orientation and a focus on quantitative learning approaches.
The federal government created the STEM designation program to help address a significant shortage of qualified workers in STEM fields. STEM designated educational programs make it possible for international graduates to remain stateside longer to not only establish their careers, but help them meet employer needs for STEM-educated professionals. Graduating from a STEM-designated program allows international students to apply for an additional 24 months stay in the United States after graduation and receive training through work experience.
That two-year extension is an important benefit for both international students and employers seeking STEM-qualified employees.
“Before the designation, international students could remain in the U.S. for only a year before their visas ran out,” says Enno Siemsen, professor of operations and information management and academic director of the Wisconsin School of Business Erdman Center for Operations and Technology Management. “Adding two more years to that is a real value, taking pressure off MBA students and giving companies with global operations the chance to hire employees who can go abroad but be steeped in the company culture first.”
For more information on the recruitment of our supply chain and operations & technology management students contact Joe Protopapa in the MBA Career Management Center.
Wisconsin School of Business, UW-Madison in the Spotlight
Fortune Names WSB as Top Value for MBA Graduates - Fortune magazine cited the Wisconsin School of Business as the best value for MBA graduates at top business schools throughout the country. The magazine reports the average debt burden for Wisconsin Full-Time MBA Program graduates of $15,481 as significantly below some of the six-figure debt burdens of other top business schools. The debt burden listed for the Wisconsin School of Business ranked lowest among 47 schools reporting data. A new Poets & Quants study shows that at least 13 prominent business schools have MBAs graduating with an average debt of six figures.
UW-Madison a Top Producer of CEOs – UW-Madison is one of only three public universities that made the top 10 list of colleges that produce the most Fortune 500 CEOs, according to a list compiled by Money magazine. “With strong business and engineering programs, as well a reputation as one of the top state flagship universities in the country, it’s little surprise UW is one of three public colleges to break into this top list,” according to the magazine.
Wisconsin Supply Chain MBA Top Ten Ranking – The Wisconsin MBA in Supply Chain Management was recognized as top ten program in Gartner’s 2016 rankings. Wisconsin ranked #8 of 44 North American MBA Supply Chain Management programs, and the undergraduate program in Supply Chain ranked tenth.
News You Can Use
Wisconsin Business Graduates in Demand
Wisconsin BBA students continue to be in strong demand for the workplace. In 2015-2016 over 500 companies recruited BBA students for full time and internship positons. Of those seeking full-time employment, 85% of graduates secured full-time employment within three months of graduation and 62% accepted their full-time positions by November 30 – another indication of the preference for fall recruiting by employers. The average starting salary increased to $58,741, up over 3% from the prior year and 40% of graduates reported receiving a signing bonus (average $5,000).
Student interest in the consulting industry continues to grow with the number of acceptances rising from 31 in 2014-2015 to 42 in 2015-2016. As is past years, the financial services industry leads all industries in the number of new hires (85) followed in order by the Retail, Insurance, Technology, Accounting and Real Estate industries. The Midwest continues to be the primary destination for graduates; however almost 11% of graduates accepted positions in the northeast. Our graduates fielded offers from across industries and throughout the United States.
Use our interactive tool to access all Wisconsin BBA and MAcc outcomes data – including salary, industry, job function, and geographic distribution or go to go.wisc.edu/wsbhiring. The 2015-2016 Employment Outcomes Highlights report is also available here.
Graduates from the Wisconsin School of Business Full-time MBA Program reported an average starting base salary of $96,531 and a median starting base salary of $100,000 in 2016. Our MBA students continue to be in high demand with employers with 88% of the class accepting offers within three months of graduation. Eighty percent of the graduating class received a signing bonus, averaging $17,719 per bonus. A comprehensive employment report for the full-time MBA program is now available here.
Key Dates to Remember
Spring Semester 2017
|Badger Business Job Shadow
|First Day of Classes
|On-Campus Interviews Start
|Spring Career and Internship Fair
|Real Estate Career Fair
|On-Campus Interviews End
|Last Day of Classes
See More Events
BBA Career Services Staff Update
The Wisconsin BBA program recently welcomed two new members to its Career Services team! Angie Badura has joined us as Associate Director of BBA Career Advising. Angie joins Kathleen Rause and Tara Milliken on the BBA career advising team where she advises students and leads the advising team. She comes to us after seven years as the Assistant Director of the UW-Madison Kohl’s Center for Retailing in the School of Human Ecology.
Also joining Wisconsin BBA Career Services is Brett Jones as Assistant Director, Wisconsin BBA Employer Relations. Brett joins Genie Trewyn and Diane Upton on the ER team where he will focus on on-campus recruitment strategy, planning and execution, and will also coordinate our career fairs and information sessions. Brett comes to us from the Kellogg School of Management at Northwestern University where he served as Assistant Director, Business Development in the Career Management Center.
Announcing New UW Networking Site
Badger Bridge is the University of Wisconsin-Madison’s new professional networking site where UW alumni can connect with each other as well as current UW students to offer support on achieving career goals and exploring professional opportunities. Sponsored by the Wisconsin Alumni Association, the Badger Bridge platform includes:
- “Real time” mentorship opportunities for alumni to connect with each other and with students. Badgers can reach out to learn about industry trends, gain helpful advice, or serve as professional experts in their fields.
- Listings of Career and Networking Events where you can connect with local Badger business leaders and make valuable contacts.
- A dedicated job board where alumni can post jobs aimed at more experienced professionals. Note: to post jobs and internships for current students and alumni up with less than three years of experience, employers should continue to use BuckyNet.
Alumni can register for Badger Bridge at badgerbridge.com.
New Employer Interface for BuckyNet
On Monday, November 28 the Wisconsin BBA and MBA BuckyNet portals transitioned to a new employer interface within Symplicity. With its modern look and feel, the new interface will make keeping track of job postings and interview schedules easier, and provide a more intuitive workflow. While you will notice the new design, most of the functionality you have been accustomed to using will be the same.
Keys enhancements include:
- The Navigation Menu is now on the left, and slightly re-ordered.
- The new layout is mobile responsive. So whether you are on your laptop, or mobile device you be able to utilize the full capabilities of CSM.
- Within OCR/OCI, the tabs have been re-ordered to be in line with the recruiting process from applications to interviews.
- Throughout the system, pertinent information has been highlighted to alert employers of recruiting activity and makes actions, requests and information more visible.
To assist you with the transition to the new employer user interface, Symplicity has created a quick overview video for employers: CSM New User Interface Employer Overview
Please contact the Employer Relations Team if you have any questions about using the new BuckyNet employer interface. We appreciate your partnership!
We Enjoy Hearing from You
As always, we welcome your feedback and encourage you to contact us with your comments and questions.
Wisconsin School of Business Employer Relations
Jamie Marsh Finco
Director, Wisconsin BBA Career Services
Associate Director, Wisconsin BBA Employer Relations; Manager, MBA Employer Relations
Assistant Director, Wisconsin BBA Employer Relations
Assistant Director, Wisconsin BBA Employer Relations
BBA Program Office Manager and BuckyNet Job Board Manager
Director, MBA Career Management
Assistant Director, MBA Career Management
To learn more: