July 20th, 2010
The Long Road Ahead
Posted by Rick
Under: Job/Careers, Rick Lockton
One of the most underestimated chores of your MBA career will surely be the dreaded job hunt. I remember our Director of Career Services telling us during induction week that we should expect to spend at least 8 hours a week searching for our future job. At the time, this seemed like a ludicrous amount of time – but looking back now, I will say it was rather accurate.
One of the perks of a 1 year MBA program is the quick return to the job market. Of course, this comes with some negative side effects as well. For anyone looking to make a career change, this poses particular challenges due to a lack of time for internships. My job search process was far from perfect and I thought it might help some of you who are starting to think about what you want to do post-MBA.
I am American and was planning a return to the US after school. I worked for a Public Accounting firm prior to school, but was hoping to make a shift into Strategy or Marketing for a large corporation in consumer products or retail. To my fellow MBA’s, this would be considered a “double-jump” (role, industry…. triple jump would add a new location to the mix). Here is a brief summary of my timeline throughout the year:
- Sept-Dec: Spruce up resume, mock interviews with sector consultants, develop strategies of marketing myself with the career services group.
- Jan-Feb: I sent out 50+ applications and custom cv’s/cover letters to companies posting MBA internships and full time positions.
- Feb-July: I started getting in touch with companies I really liked using either Oxford Alumni, LinkedIn connections, and contacts of my fellow classmates.
Based on my past failures, here are a few recommendations on how maximize your time spent on the job hunt:
- Prepare: Get your plan together before you even start school. Our first recruiting event (J&J) was during induction week! Banks and Consulting firms roll in shortly after… do anything you can to get that CV ready and start doing mock interviews to make sure you have your pitch nailed down.
- Only Talk to PEOPLE: I sent out over 50 applications to online job postings (company websites, careerbuilder, etc). I got 3 automated reject emails and absolutely no response from the others. Don’t waste your time on these, they don’t work. Do use these resources to find cool jobs at companies you like, but then find any way possible to find someone within the organization to submit your application in for you. I had closer to a 50% response rate when I went this route and landed quite a few interviews this way.
- Be Relentless: A had to contact one company every week for 3 months before I finally got an interview set up. Being persistent (in a tactful and non-annoying way) shows you are really interested. This company told me they were impressed how hard I worked to get to the interview.
- Keep Your Head Up: This is going to be a very depressing and emotionally depleting time of your life. You will hear “no thanks” more times than you can count. Keep your head up and press on, taking time to be depressed is just wasting time when you could be landing a job offer.
- Prepare, Prepare, Prepare: I know I said it before, but this is how you land the job. Getting an interview is hard, you’ve got to capitalize once you finally get an interview. There are lots of resources available at school. I talked to Professors, Alumni, Career Services experts. I read articles, case studies, books, and annual reports. I knew EVERYTHING about the companies I interviewed with and this made a huge difference in getting an offer.
You’re dream job is out there. You took the risk/time/debt to come to Oxford. Use the vast array of tools, networks, opportunities, and reputation Oxford has to offer and you will find what you are looking for!



Huong said:
I am attending the MBA class 2011. Though excited about going to oxford, I have been worried about the job hunt, given the on-going recession. Thank you very much for the useful note.
Many companies offer Associate programs for MBA graduates. Did you consider applying for these programs?
Tolu said:
This is very helpful. Very useful tips that can be applied almost immediately. Thanks very much.
Andrei said:
Thanks Rick, very helpful! Are you goinig for an internship or an SCP this summer? Is this opportunity useful in the job hunt?
Sowmik said:
Hi RIck,
Nice post.
Good luck with your job hunt. I can understand fully about the tenacious task of hunting that right job specially in this difficult market. This is one of the reasons I have been postponing my plans of doing MBA for too long now. Now at my age of 32 and 10 years of Business Consulting experience, I am finally ready to shift gears to next levels. Since I am more interested in PE-VC industry so essentially I am looking for schools which have strong alums in this industry.
I have INSEAD, IMD, SAID and JUDGE and LBS on radar for MBA course in Europe. Though Said derives its lineage from Oxford but it will the brand name of Said and not Oxford that will take a long way for me to break into PE-VC industry.
I knew couple of my friends who switched into Strat Consulting in Europe post Said as they had better acceptability there and from there one moved to SF (California) and the other to NYC.
Wish you all the best !!
Cheers Mate !
Sowmik
Arkaja said:
Thanks Rick.
Your post has really been helpful since it provides a realistic picture of the job-hunt process.
Rick said:
Hey guys, thanks for the questions and advice. I was extremely fortunate and landed a great job just 3 weeks before summer. I’ll update you all on how it worked out on my next blog.