During the MBA program there are plenty of moments where things tend to get stressful and this time of year every year without fail at most MBA programs is one of those times. Interviewing is an intense process. Furthermore, people care immensely about the process, and while the successes can be sweet the misses can be incredibly disappointing. We’re all incredibly high-achieving individuals and when things don’t work out for is it can be tough to swallow.
During this time, a lot of talk happens, just not necessarily always in as open and collaborative way campus. I honestly think this has a lot to do with the fact that people want to be sensitive and respectful of others as they navigate the recruiting process. While that’s a positive thing, one of the downsides that occurs is that sometimes rumors and misinformation spreads, and perception, true or not, tends to feel like reality. With that, a set of common myths tend to form. As such, I’d like to do my best today to debunk to debunk those myths.
Myth 1: Everyone has an internship
Nope! Not true! While there are some people who have offers and who have accepted internships (congrats!) the majority of students are in process of searching for their internship. This is true for this time of year every single year and if you don’t’ believe me check the data of past internship offers to see for yourself. (UNC Kenan-Flagler Students, check COZ, other students, check to see if your Career Center has this data) For instance, I just did a brief check and for General Management internships across all schools in the database for the most popular month is February and the second most popular month is March. For Marketing, its also February and March. While there are certain areas that have done a good portion of their on-campus recruiting (Investment Banking and Consulting) many areas are still ongoing. Furthermore, there are additional slots even in Investment Banking and Consulting that occur throughout the spring.
Myth 2: All the good internships are taken
Again, not true. Many companies are still actively interviewing and posting positions both through OCR and off-campus. If you need help finding internships to search for try using LinkedIn and Indeed.com as starting points. Don’t be afraid to ask around to your friends at other MBA programs. Last year, I reached out to some of my friends at another MBA Program who had an employer I was interested in as an on-campus recruiter. They were able to give me the heads up that there was a posting open online, and through some networking I was able to get in touch with the recruiter and got an interview for that position. In my experience, I have found many other MBA students to be very open to helping if they can, so it never hurts to ask.
Myth 3: There won’t be any more internships coming
From my experience, this is also false. I tracked every internship I applied last year and as you can see from the graph below I applied to the majority in the months of February, March, and April. Things will pop up when you least expect it so it’s important to stay on your game.
Quick story for you: This was my recruiting timeline from last Spring 2014:
- On campus interviews
- Off-campus interviews
- 2nd Week of February: 3 offers
- 3rd Week of February: Accepted an Offer
- 2nd week of April: Offer rescinded. I Had to restart my entire internship search (A story for another post)
- 2-3rd week of April: Applied to 30 internships
- 2-3rd week of April: Did 16 1st Round interviews
- Last week of April: 3 offers
- Last week of April: Accepted an offer
- Not everyone has an offer. Most people don’t, so no need to fret!
- There are still plenty of internships out there, and more are coming each week. Stay alert and stay persistent. Don’t be afraid to use your network
- Sometimes s#it happens that you don’t expect or can’t control, but if you stay persistent things will work out.
This MBA is a marathon not a sprint, and there are plenty of miles left in the race. Stay positive and persistent and things will work out. There are plenty of resources at your disposal. From your career center, peers, and 2nd years there are always people there to help. In my next post, I’ll tackle how to assess interview feedback and proceed forward with other opportunities.