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Amazon has hired 1,000+ newly minted M.B.A.s in the past year

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Amazon has hired 1,000+ newly minted M.B.A.s in the past year [#permalink]

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WSJ reporting on this:

Another Thing Amazon Is Disrupting: Business-School Recruiting - Amazon has hired some 1,000 newly minted M.B.A.s in the past year

Source: https://www.wsj.com/articles/forget-wal ... 1507114801

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Amazon’s recruiting tactics can seem like a microcosm of its larger business strategy to other firms vying for M.B.A. talent. The company’s recruiters descend en masse on campus and stay in touch with students constantly; for instance, eight or 10 alumni might attend large events or host coffee meetings for one-on-one conversations with students, compared with a typical one or two presenters from other companies, according to Abby Scott, assistant dean of Berkeley’s Haas school. “It’s been a huge volume play.”

The talent wars begin virtually as soon as classes begin and sometimes sooner. Amazon in June sponsored an event for 650 soon-to-be first-year and returning women M.B.A. students at its Seattle headquarters, some of whom left with internship offers for summer 2018.

Scott DeRue, dean of University of Michigan’s Ross School of Business, urges employers to hold off on recruiting until at least the end of the first week of classes.

“It’s nearly impossible. You say an academic building is off limits, and they’re at restaurants and coffee shops across the street,” said Mr. DeRue of avid recruiters like Amazon, which so far this year has hired around 40 Ross M.B.A.s.

At Carnegie Mellon’s Tepper School of Business, 25 to 30 people, or 10% to 15% of the graduating M.B.A. class on average, go to work for Jeff Bezos. The retailer fills the nine interview rooms in Tepper’s career center, and career-office staff turn over their personal offices for recruiters, too, said Steve Rakas, career-services administrator. Only PricewaterhouseCoopers LLP sends as many people, he added.



Quote:
Though Amazon is popular, Keith Bevans, partner and global head of recruiting for Bain & Co., said the consulting firm continues to command its share of elite students, hiring roughly 500 M.B.A.s each year.

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Re: Amazon has hired 1,000+ newly minted M.B.A.s in the past year [#permalink]

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New post 05 Oct 2017, 21:35
The original article seems to be behind a paywall. So thanks for sharing the highlights, bb

From my experience with applicants we've helped (some of whom stay in touch during and after the MBA experience), we've heard more grads joining Amazon than any other company.

And the trend isn't limited to the US. We recently published a story of an international student who completed his MBA from Germany and was hired by Amazon there.

Amazon sure seems to be on the offensive here, when it comes to MBA recruiting. Can't speak for the competing recruiters, but I'm guessing MBA grads aren't complaining.
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New post 07 Oct 2017, 14:47
Something I'm curious of, is what roles these guys/girls are taking? Is amazon offering the same role to Harvard as they are to Carnegie Mellon, or even another top 50? Almost every employment report I've looked at lists amazon, so it seems that they do recruit all over, but there's no indication of for what roles

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New post 07 Oct 2017, 19:44
I think part of it depends on your experience and ambitions.... I have seen/heard of a number of less sexy fields at Amazon such as procurement, logistics, ops, finance, etc, rather than brand management, or strategy, or consulting.

However, once you are in, you are able to move and be recognized if you have potential and drive and thus while you may start in an "average" role, your career after year 1, is really up to you. Usually you will see a difference in trajectory between someone who got hired into a cushy position and did nothing else vs. someone who got hired into a lower-ranked role but has grown and had multiple promotions/opportunities.
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Re: Amazon has hired 1,000+ newly minted M.B.A.s in the past year [#permalink]

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New post 07 Oct 2017, 21:07
bb wrote:
I think part of it depends on your experience and ambitions.... I have seen/heard of a number of less sexy fields at Amazon such as procurement, logistics, ops, finance, etc, rather than brand management, or strategy, or consulting.

However, once you are in, you are able to move and be recognized if you have potential and drive and thus while you may start in an "average" role, your career after year 1, is really up to you. Usually you will see a difference in trajectory between someone who got hired into a cushy position and did nothing else vs. someone who got hired into a lower-ranked role but has grown and had multiple promotions/opportunities.

Why do you consider procurement, logistics, ops, finance etc in Amazon as less sexy fields? Are renumerations and prospects of career growth the reasons behind your claim?

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bb wrote:
I think part of it depends on your experience and ambitions.... I have seen/heard of a number of less sexy fields at Amazon such as procurement, logistics, ops, finance, etc, rather than brand management, or strategy, or consulting.

However, once you are in, you are able to move and be recognized if you have potential and drive and thus while you may start in an "average" role, your career after year 1, is really up to you. Usually you will see a difference in trajectory between someone who got hired into a cushy position and did nothing else vs. someone who got hired into a lower-ranked role but has grown and had multiple promotions/opportunities.

Why do you consider procurement, logistics, ops, finance etc in Amazon as less sexy fields? Are renumerations and prospects of career growth the reasons behind your claim?

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It's just a general notion in my opinion. The "sexy" jobs are marketing, strategy, etc, they are more popular fields than some of the others and are highly competitive.
I myself am chasing supply chain and ops so I have no issues with it being less popular or competitive ;)

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Re: Amazon has hired 1,000+ newly minted M.B.A.s in the past year [#permalink]

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New post 08 Oct 2017, 09:35
My area/industry is not a traditional mba destination either... but there are benefits to that. Better hours and less hectic or political....


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cxa0897 wrote:
Something I'm curious of, is what roles these guys/girls are taking? Is amazon offering the same role to Harvard as they are to Carnegie Mellon, or even another top 50? Almost every employment report I've looked at lists amazon, so it seems that they do recruit all over, but there's no indication of for what roles


In the retail part of Amazon, most people work in vendor management (buying from manufacturers), marketing, supply chain planning, and program management. Not super sexy but there is lots of mobility at Amazon. And yes, they offer the same role to grads from everywhere.

(I work at Amazon in the retail org and most of my colleagues are MBA grads. I'm 2.5 years out of undergrad looking at going to b-school in ~2 years or so.)

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Re: Amazon has hired 1,000+ newly minted M.B.A.s in the past year [#permalink]

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New post 03 Nov 2017, 13:59
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cxa0897 wrote:
Something I'm curious of, is what roles these guys/girls are taking? Is amazon offering the same role to Harvard as they are to Carnegie Mellon, or even another top 50? Almost every employment report I've looked at lists amazon, so it seems that they do recruit all over, but there's no indication of for what roles


In the retail part of Amazon, most people work in vendor management (buying from manufacturers), marketing, supply chain planning, and program management. Not super sexy but there is lots of mobility at Amazon. And yes, they offer the same role to grads from everywhere.

(I work at Amazon in the retail org and most of my colleagues are MBA grads. I'm 2.5 years out of undergrad looking at going to b-school in ~2 years or so.)



Thanks for chiming in! Always good to have an insider perspective. i was super surprised about the number of MBA's they have hired.... but looking at the stock price and the recent 10% bump, I guess it will be 1,200 next year.
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Re: Amazon has hired 1,000+ newly minted M.B.A.s in the past year [#permalink]

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New post 03 Nov 2017, 14:05
bb wrote:
ducksuit wrote:
cxa0897 wrote:
Something I'm curious of, is what roles these guys/girls are taking? Is amazon offering the same role to Harvard as they are to Carnegie Mellon, or even another top 50? Almost every employment report I've looked at lists amazon, so it seems that they do recruit all over, but there's no indication of for what roles


In the retail part of Amazon, most people work in vendor management (buying from manufacturers), marketing, supply chain planning, and program management. Not super sexy but there is lots of mobility at Amazon. And yes, they offer the same role to grads from everywhere.

(I work at Amazon in the retail org and most of my colleagues are MBA grads. I'm 2.5 years out of undergrad looking at going to b-school in ~2 years or so.)



Thanks for chiming in! Always good to have an insider perspective. i was super surprised about the number of MBA's they have hired.... but looking at the stock price and the recent 10% bump, I guess it will be 1,200 next year.



Don't forget their new 5 billion dollar investment offer for second headquarter. They might need a lot more once that opens up
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New post 04 Nov 2017, 09:07
That's awesome to hear. Do you work alongside MBAs or are they generally a tier above you? I figure most MBA's are going to be decently up the chain

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cxa0897 wrote:
That's awesome to hear. Do you work alongside MBAs or are they generally a tier above you? I figure most MBA's are going to be decently up the chain


I work alongside MBAs! They're not much above me, actually. For example, my direct manager is a step above the level of straight out of B school hires. It would actually make sense for me to work at Amazon forever because the progression is pretty fast. But the idea of working 10+ years at the same company I was hired out of undergrad from seems really claustrophobic...

Here's a rough guide to our leveling system, from the knowledge of someone near the bottom of the ladder:
Level 1-3 (usually warehouse associates), don't have any of these working at HQ (or at least that I interact with or know of)
Level 4 - straight out of undergrad or 1-2 years of experience; typically takes ~2 years to rotate and be promoted to next level
Level 5 - usually internal promotions; typically takes ~2 years to rotate and be promoted to next level
Level 6 - level that fresh MBA hires come in as; much longer time to be promoted to next level (maybe 3-4 years?)
Level 7 -
Level 8 -
Level 9 - (this doesn't exist to my knowledge, and no one knows why lol)
Level 10 - VP
... and beyond

Here's what my personal upwards reporting structure looks like, I am at the end of my node:
Me (5)
Manager (7)
Manager's manager (team leader, ~30 people)
VP
Another VP
SVP
CEO (one of a few, not Jeff B)
Jeff Bezos

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New post 04 Nov 2017, 10:02
great insight, I didn't even realize they had a level system like that.

3 or 4 years sounds just about right on your map for the promotion, that is the same length as the rotational programs I've seen from them for mbas

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Re: Amazon has hired 1,000+ newly minted M.B.A.s in the past year   [#permalink] 04 Nov 2017, 10:02
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