Google MBA Interview Preparation with Laszlo Bock and Kyle Keogh

May 25, 2016 by Rebecca Chopra

A nice overview of what Google is looking for in MBA candidates.

10 Tips to Maximize Your Summer Internship as an International Student

May 24, 2016 by Carolyn Simons

The list below was compiled by Beyond B-School which offers specialized career training for MBA students. For access to their online seminars for international students, register here. 

1. Ask for help
As a new employee obviously there’s much you don’t know. It is completely acceptable and expected that you will need assistance. Asking for help is not a sign of weakness. Quite the contrary, it is a sign of a confident professional.

2. Define “Key Performance Indicators” or metrics to evaluable performance
When meeting with your manager, say, how will we measure the results that this project may have? Communicate to your manager that you have an impact driven mentality.

3. Seek input
Teamwork and collaboration are key characteristics of the U.S workforce. Depending on where you are from you may prefer to work individually. Be careful. Engage others often to review your work, even when you think you’re right. You may ask: would you mind providing me with some feedback on the 1st draft of the marketing plan I created?

4. Don’t be a robot
Don’t just complete tasks. Think! Ask thoughtful questions about your projects. You may ask: who will ultimately be consuming what I will be producing? Understand your customer.

5. Own your accent
Some international students worry that they maybe too shy for U.S standards. Some worry about their accents. Relax. What you need to do is be approachable. Remember the basics: smile, be thankful, express your gratitude to others often, and always be genuine, of course.

6. Be engaged
You don’t need to feel you need to speak up all the time. Instead, for example, take notes during meetings and listen attentively. Then, after the meeting, approach a couple of your colleagues and say: Hi. I was wondering if I could ask you a couple of questions about the meeting we had today. Such behavior communicates to others you’re engaged. Be curious.

7. Leave your footprint
As an intern, did you create a manual that improved on how your firm handles customer complaints? Strive for excellence and own your work.

8. Propose solutions
Can you maybe improve upon something your firm is doing? If so, let others know your ideas. Say: I feel that perhaps there is an opportunity for us to improve our digital presence by making more use of video. Would you know if this has been attempted before?

9. Make strategic connections
Don’t just network. Network smart. Are there international individuals in your firm you can speak with? Are there departments in your firm that do business with the part of the world you’re from? Reach out to these people and have interesting and global conversations with them.

10. Provide an international perspective
Are there best practices from your country you might be able to share with those you work with, and that might help your firm reach new heights? Get noticed by sharing with others how your global insights might apply to the U.S context, for example.

Please remember the CMC career advisors are here to support you during the summer as well. Email them directly to set up time!

CMC Advisors 2014

Answering Salary Expectations Questions

May 20, 2016 by Rebecca Chopra

How do you deal with a company that asks you about salary expectations? Most experts say  – Don’t answer the question. Instead say something like, “I would hope to get the expect the fair market value. Once I have an offer, we can discuss it.” or “Tell me what range you have budgeted for this position.”

Related article: Google’s HR Boss: Stop Asking Candidates About Their Current Salary

Make sure that you have consulted the GSB Employment Report and have an idea of the market rates. Companies usually have some idea of what they can afford to pay. When pressed by a hiring manager (at a start up company for example) you can offer a range. However, the danger is that you sell yourself short.

The person who gives the first number sets the starting point. But if that’s you, you lose. If you request a salary higher than the range for the job, the interviewer will tell you you’re high, and you’ve just lost money. If you request a salary lower than the range, the interviewer will say nothing, and you’ve just lost money. Read the rest >> Good article on the topic from Penelope Trunk

What about online? If the question comes up in an online application, see if you can write in “negotiable” or leave that field blank.

Post-Graduation Career Resources

May 20, 2016 by Carolyn Simons

Still looking for the right job? Although graduation is around the corner, the Career Management Center will continue to support you until you find that first job — and as you navigate transitions throughout your career. Check out the list of resources below to learn more about the career advising services, online tools, and facilities that you can access after graduation and beyond.  

Career Advising

Schedule in-person or over-the-phone appointments with the CMC advisors by email. In addition, we assign every job-seeking student a CMC liaison during the summer.

Online Resources

You have access to MyGSB for 120 days after graduation, until October 10th.  Here’s how to ensure a seamless transition to our online career resources.

  • GSB Alumni Website: Once you create an alumni login, you may access the password- protected areas of the Alumni website, which include the GSB Alumni Directory, GSB Online Communities, seven Library databases and the Career Resources section.
  • GSB Alumni Job Board: View 1000’s of jobs on the Alumni Job Board.  Under a reciprocal partnership agreement, GSB alumni can sign up for a complimentary 6-month subscription to HBS, Kellogg, and INSEAD’s alumni job boards.  
  • VMock Smart Resume: Alumni have complimentary access to VMock; however you must create a new account using your new alumni email account.
  • JobTreks: 2016 GSB grads will receive complimentary lifetime accounts.  Unlike VMock, you may maintain your current account; however you will need to change your login information on the JobTreks website before your student email is deactivated.  

Library Access

Your student ID will be deactivated immediately after graduation.  To access the Library after hours, you can request a keycard, which gives you full student access for two additional quarters.  To request a keycard, apply at the CMC and submit a $20 deposit by June 20th.  

Stanford and GSB Facilities Access

GSB breakout rooms, outside of the library, are unavailable to alumni.  The Arrillaga Alumni Center on Galvez has a Business Center for alumni usage including 4 computer cubicles with phones for free local and long distance calls, a printer/copier, a fax, lockers, showers and the Bing Library.  The two meeting rooms must be reserved and are for group usage only.  A Skype interview is an acceptable usage.  Contact (650) 736-0467 to make a reservation.

Once You Accept a Job or Decide to Start a Business … Update Your Employment Status

It is a graduation requirement for MBA2 and MSx students to update their employment status at http://business-gsb-stanford.12twenty.com/.  

Remember Alumni Career Services

Alumni Career Resources is a lifelong resource for you as you navigate your career journey.  We offer in-person and virtual programs, complimentary 1:1 coaching, online videos and tools, and networking resources.  

If you have any other questions we can help to answer, please reach out to the CMC office at cmc@gsb.stanford.edu or come see us on the 3rd floor of McClelland.

Career Resources for Your Spring Job Search

April 26, 2016 by Carolyn Simons

Spring recruiting is underway and you are all at different places in your job search. While some of you may have an offer or accepted a job at this point, many of you are in the middle of the job search. You are not alone! There are lots of opportunities for your networking-based job search this Spring. Check out the list below for some quick ideas and resources that may be helpful.

  • Get Real Time Job Postings from LINK – At least 7 offers were given in the past 2 weeks, and there are over 300 jobs already posted! If you have not yet signed up, go to the LINK section on your My Career Dashboard profile. (Under LINK Communications click ‘edit’ and select the “Yes” button in the pop up window to opt in to receive LINK communications.)
  • Attend a Job LabYour student-led Career Management Committee is launching the first session of Job Labs next Wednesday, May 4 at 3pm in the MBA Lounge. Come for quick, immediate feedback on your resumes, target companies, pitch, and outreach strategy from your favorite CMC advisors – no appointment needed. You can also just come for the [free!] coffee, snacks and support from your fellow peers working on their career strategy. Sign up here if you are interested or for more info!
  • Meet with a CMC Advisor – Our advisors are here to support you in all aspects of your networking-based job search. Sign up for a meeting on My Career Dashboard.
  • Take advantage of these GSB-sponsored internships:
    • Seed: ASAP. Deadline extended from 4/18. Contact Melinda Lehman at mlehman@stanford.edu.
    • SMIF: May 12th application due
    • ESP self-sourced: May 16th application due
    • ESP pre-vetted: May 26th application due

If you do have an offer, accepted a job or will be starting a company, please let us know! Update your employment status here. For MBA2s, this is a requirement for graduation and the deadline is June 1. All individual data is confidential.

Please don’t hesitate to reach out to the Career Management Center with any questions you may have. Stop by the 3rd floor of McClelland, email us at cmc@gsb.stanford.edu, or make an appointment with an advisor on My Career Dashboard.

The Arts, Media & Entertainment LA Trek (2015-16)

March 2, 2016 by lsaleh

On Wednesday January 13, students from the Arts, Media & Entertainment club traveled to Los Angeles to meet with a few companies in the industry. The purpose of the trek was to give students exposure to top leaders in media and entertainment and also explore potential career opportunities.

We started the trek at BuzzFeed Motion Pictures where we met with Michael Waghalter, the director of business development, who gave us a tour of the studio space and then walked us through the strategy of BMP. This division of the BuzzFeed is focused on creating video content that range from six-second videos to feature-length films.

We then traveled to Beverly Hills to meet at Media Rights Capital with Modi Wiczyk, co-chairman and co-CEO, as well as the Corporate Development & Strategy team. We discussed the application of an MBA in the entertainment industry, particularly since many career paths often expect a “ground up” approach and do not always value an MBA.

Afterwards, we visited Netflix and met with Erik Barmack (GSB ‘01), the vice president of Local Originals, and Pablo Perez de Rosso (GSB ‘10), director of content planning & analysis. Students found it fascinating how well the company has incorporated data into its content planning and its creative processes.

We then moved to Burbank where we met with Tom Staggs (GSB ’87), the Chief Operating Officer at The Walt Disney Company. Staggs shared how he was able to apply his degree at Stanford GSB to his career in entertainment. He was also able to share some valuable insights into the future of the company and industry overall.

The trek ended at STX Entertainment where we met with Adam Fogelson, the Motion Picture Chairman, and Noah Fogelson, EVP of Corporate Strategy and General Counsel. Both Fogelsons have very impressive backgrounds in media and entertainment and provided students with exceptional advice about conducting business in the industry.

Overall, the trek was an exceptional success that expanded the students’ purview of the media and entertainment industry. It also provided students with an understanding of how to apply their GSB experiences in multiple AME environments.

Top 5 Resources for Your Job Search This Spring + Key International Resources

February 23, 2016 by Carolyn Simons

Looking to connect with some hot new start-ups? Want ongoing support and job leads for your network-based search? Looking for career tools to help you build a target list of early-stage companies? The CMC has a host of events and resources to help you in your job search this spring. Check out a list of the top five below. We have also included some resources for international students.

  1. Fewer Than 300 (FT3). Apr 12. 6-8:00 p.m. in the GSB Bowl – Connect with students and industry professionals from the most in-demand small companies in the Bay Area and beyond. More than just a traditional recruiting night, FT3 is an evening for startups to share and discuss ideas and make connections with students and other companies, all with fewer than 300 employees.
  2. Faculty-Career Insights Speaker: Andy Rachleff. Mar 31. 6-7:30 p.m. in Oberndorf – Come to a mini-lecture followed by a fireside chat with GSB lecturer Andy Rachleff (MBA ‘84), co-founder of Benchmark Capital and Wealthfront. Andy’s GSB courses prepare students to work in early-stage, tech-based companies. Sign up on My Career Dashboard.
  3. CMC LINK – CMC LINK is an opt-in program that supports networking-based job searches by using students’ Career Dashboard profiles (company, industry, and geography) to directly shape the CMC’s outreach efforts and bring back job leads. For more information on CMC LINK, please check out the LINK overview on MyGSB.
  4. DataFox, to get the latest on over 200,000 early-stage companies – This tool consolidates company information from sources like CrunchBase, AngelList, Indeed, and others. Use the tool to quickly research and build a target list of early-stage companies in your area of interest. This is one of the best startup research tools we have seen.
  5. JobTreks, to organize all aspects of your job search – Manage your applications, cover letters, contacts, and to-do lists, and prepare for interviews all in one place. Check here for additional career tools.

Additionally, there are a number of resources for international students who want a job in the U.S. Here are three we’d like to highlight:

Finally, don’t forget you can schedule an in-person meeting to discuss any aspect of your job search with a CMC advisor. Advisors offer 30-minute career advising and 60-minute Career & Life Vision appointments. Sign up on My Career Dashboard.

Prepare and Stand Out During Your Interview!

January 23, 2016 by Rebecca Chopra

prepIf you haven’t interviewed in a while – preparation is the key to success. The competition is fierce at the MBA level. This isn’t the time to “wing it” – your interviewer will not be impressed.

You cannot predict the exact questions your interviewer will ask, but you can be prepared. Understanding what they really want to know will help you land the job. Tell me about yourself is really “Tell me why you’re the right fit for this job.”

Do your research and get the inside scoop by reaching out to classmates and alumni to research industries and functions.

Need a resource to get started? From the career experts at The MuseConsider this your interview study guide.

Want more? Here is a great list of interview question articles (Levo)

Being prepared means doing lots of informational interviews. Everyone is doing a networking job search in this age. Here are some great informational interview thought provokers:

Informational Interview Questions

10 Intelligent Questions to Ask on an Informational Interview

Your Ultimate Guide to Informational Interview Etiquette

The Most Important Informational Interview You Will Ever Have

>> Don’t forget to meet with a CMC Advisor to practice and discuss your job search strategy.

 

 

 

 

Powerful new compensation tool

January 20, 2016 by Vic Menon

Job Status - COMPTiming - COMP“COMP” is a new tool that lets you analyze compensation, offer timing, and job sources for the industries you’re interested in. To get started, just go to MyGSB and click the COMP button in the right-hand box.

  • Access real-time and historical job data
  • Filter the data using powerful tools
  • Expand your queries to include over 100 other business schools

Also, remember to enter your own full-time or summer offers — whether you accept them or not. The more data the better, including sponsored students, entrepreneurs, and job-seekers in small to large companies.

All data is aggregated for privacy; individual job outcomes are never visible. There must be at least four data points for all quantitative and qualitative data such as compensation and organization names. Otherwise, “I/D” (Insufficient Data) will display. Results from participating schools are also aggregated and not attributed to a specific school.

Why Report Your Job Offers?

The aggregate information from you and your classmates will:

  • Help future GSB students explore career pathways.
  • Provide important employment data via the GSB Employment Report. This data is used for the media’s coverage of the GSB, and by prospective GSB applicants.
  • Allow the CMC to focus its resources on students who need support.
  • It’s a graduation requirement

Questions? Contact Vic Menon in the CMC office.

A Primer on Business Roles in Entertainment (courtesy of Lionsgate Entertainment)

January 19, 2016 by Jana Cain

On January 6, I traveled to Los Angeles for Lionsgate’s MBA Trek. The trek featured presentations by a series of key senior executives. Below is a synopsis of the major business roles (aside from Human Resources and Corporate Finance) that exist in the entertainment industry. While the exact group titles may change from organization to organization, this should serve as functional primer to help guide your research in determining where you might be a fit whether you’re seeking a role at Lionsgate or at a studio more broadly.

Theater Distribution – The theater release is the first window of revenue for a film, so this is a key group. Lionsgate’s Domestic Theatrical Distribution team oversees all aspects of sales and analysis for the U.S. Functions of this group include:
• Sales planning (release date/plan, film rental negotiations, market research/analysis)
• Exhibitor Relations (e.g. in-theater marketing)
• Related research and analysis (e.g. gross reporting, market analysis, analytics)
• Finance (e.g. accounts receivable)
• Operations (e.g. vendor management)

TV Sales – The Lionsgate North American Television Sales group is tasked with the non-theater distribution of content. They oversee distribution to basic cable, subscription cable, SVOD (subscription video-on-demand, e.g. Netfliix, Amazon, Hulu Plus), and AVOD/FVOD (advertiser driven/free video-on-demand, e.g. Hulu, YouTube). Much of their strategy is driven by “windowing”, i.e. the pockets of time after the theater release during which deals can be struck with the various distribution channels. The marketplace is continuously changing so this team manages a number of variables in executing their sales plan, such as challenges with an oversupply of content and limited customers. Some of their projects include reviewing/managing the content rights management system, managing ratings strategy, and developing a strategy around new content acquisition (their current focus is on Sundance greenlights).

Corporate Strategy and Corporate Development – Lionsgate has two teams focused on the overall strategy and growth of the company. The Corporate Development team is focused on finance and strategy, handling the M&A deals. The Business Development and Corporate Strategy team focuses more on new business opportunities (e.g. international SVOD channels, theme parks) and partnerships (e.g. Atom Tickets, Comic Con).

*About Comic Con – This is a joint venture with Lionsgate; the team tasked with the marketing and execution of the event works exclusively with this property. They are taking a more data-driven approach to their 2016 marketing efforts, and seeking to grow in the digital space. Their ultimate goal is to make the pop-culture experience more personal outside of the conference.

TV Marketing – The role of the Worldwide Television Marketing group is to influence and guide the networks in their marketing of Lionsgate product. They provide marketing and creative services in support of all forms of content (scripted, unscripted, music, licensing & sponsorship, etc). Functionally, they support TV Development (pitch materials, consumer marketing, social media, PR & publicity) as well as Worldwide TV Sales (events & PR, marketing, creative).

Digital Sales Planning – The Sales Planning & Analysis team is charged with four primary functions – Forecasting, Greenlighting, Market Analysis, and Digital Strategy. The group relies heavily on data analysis, utilizing tools such as R, Visual Basic and Tableau to create planning dashboards. They also do quite a bit of modeling to determine which projects to greenlight, for measuring ROI on initiatives (e.g. “what effect does a $0.99 rental have on revenues?”), and to evaluate their digital strategy around new releases as well as what is already in their portfolio.

A couple of the groups did mention a specific request for MBA interns this summer:
• Comic Con – looking for 2-3 interns who will focus on the SVOD business
• North American Television Sales – 1 intern
• Digital Sales Planning – 1 intern

Please contact Jana in the CMC for more information about Lionsgate and their opportunities.