<p>So much of the discussion in Business and business recruitment really has to do with Ibanking from what i see… Goldman Sachs, Merrill Lynch, JP Morgan, etc. Wallstreet stuff.</p>
<p>BUT What about Management? Which businesses recruits for management? Are schools like UCLA and USC full of businesses that recruit for management?</p>
<p>Haha i guess no one knows the answer to this question</p>
<p>For management you’d mostly work your way up. You start at the entry and try to gain positions, move around within the industry, etc.</p>
<p>Try to look at the CEO’s of companies you admire that have been around for a while, find out the names of the seniors and look at their backgrounds.</p>
<p>Chief Customer Officer at Coke - J. Alexander M. Douglas, Jr.
graduated from UVa in '83, worked for Proctor & Gamble in a variety of sales and management positions. </p>
<p>Joined coke in 1988 as district sales manager and just worked his way up.</p>
<p>Coke CFO - Gary Fayard
Worked 19 years in accounting, joined Coke in '94 as President and Controller. In '99 got promoted to CFO.</p>
<p>I’d say big 4 accounting and then move out, eventually to controller/cfo is the way to go.</p>
<p>so i guess you cant start out as management of course, but what about markeitng ? Is that a big field for recruitment?</p>
<p>Yes, marketing is a huge field… it’s called sales.</p>
<p>how much do typical recruited marketers make straight out of usc or ucla in terms of salary?</p>
<p>marketing doesn’t seem to be a stable career. Do you guys think so?</p>
<p>Sales does not equal marketing. Marketing for a company typically involves overseeing the marketing of a product–the marketing manager of Joy soap is not out selling soap–he is selecting the advertising and working with mgt to improve the product.</p>
<p>barrons, you may be thinking of a marketing manager which is not something a company will typically recruit right out of college.</p>
<p>well then what is typically recruited out of college?</p>
<p>usually sales positions like Griff mentioned. Some top schools will net the better marketing jobs though. For instance, Pepsi, Johnson & Johnson, and American Express are some companies that recruit at Wharton and those kids go enter into careers that are more of the marketing barrons was talking about.</p>
<p>They will recruit for positions assisting the Brand Manager. Sure you don’t start right out as the BM. Ford, GM, P&G, General Mills, Kimberly Clark, SC Johnson and other consumer product companies recruit at many major schools besides Wharton. For example all of the above recruit and hire at Wisconsin for marketing mgt type jobs.</p>
<p>but salary is much less i bet :(</p>
<p>Ibanking seems to be the most popular business field considering it has the highest currency payoffs.</p>
<p>It is less. </p>
<p>Let me give you an example, in the Ridgeway book about the kids at Wharton there was one student chronicled who actually landed a banking offer with Goldman Sachs but decided to turn them down. He opted to do marketing for American Express. Why?</p>
<p>He basically said that he had heard and seen that most of his friends during summer internship time went through hell. They’d be in New York but they were barely out of the office to really experience it. Sure, the comp was good, but the hours were hell. </p>
<p>The lifestyle isn’t for everyone. With American Express he was obviously getting paid less than his banking peers, but at the same time he was working hours that were much more reasonable and the company compensated a little. They’d take them on cruises, free yankees games, that sort of thing. He enjoys the work he’s doing and doesn’t regret turning GS down, he’s left with more time to do what he wants.</p>
<p>how substantial is the pay drop?</p>
<p>I know that people from prestigious businesses coming right out of undergrad make around 60k + 30k or so in bonuses</p>
<p>Regular good business jobs pay $45-$55K plus some bonus but not a $50K bonus–maybe $10K or so. Instead you work maybe 40-50 hours a week rather than 100-150. Better life. The hourly rate is about the same.</p>
<p>that’s starting right?</p>
<p>i mean like i would like to make >100k a year later in my life</p>
<p>Starting of course.</p>