In a recent interview, Amber Wigmore Álvarez, IE’s director of the Career Management Center spoke about the future of international recruiting and hiring. She said, “At our career fair on campus, 128 companies came last year. It was an incredible volume from around the world with 42% of the opportunities from outside of Spain. But there’s a lot of news in the press these days about the ‘career fair being dead’, because business schools are finding it more and more challenging to get companies to physically visit the campus in a world of virtual recruiting. So we are now investing in a platform to do webcasts.
When we go out and meet recruiters from around the world, instead of trying to get them to come on campus at one specific time, now we’re able to do a recruiting event with them in a much more flexible format. Just a week ago, a colleague and I were in Hong Kong for a recruiting conference. We did a finance trip with students where we visited banks and finance firms in Hong Kong, Singapore and Dubai. For financial firms, it is difficult to come on campus during one particular week in October. So now we’re going to do a webcast with them so they can launch a Graduate Management Trainee programme or an internship programme from their headquarters. We can videolink live with them and have our students participate. We have the team and the training for this technology.”
In addition to recruiting, are companies also interviewing virtually?
“We do have a lot of our students who use Skype for interviews. The material that we are preparing them for and a lot of our documentation is no longer about interviewing techniques only. We send them a lot of documentation on how to best handle an interview virtually. The 13-month MBA programme is very intense immediately after the students join. Immediately after they arrive, they have deadlines if they want to participate in the internships. Right from day 1, they are interviewing and it would be very difficult for them to miss classes and travel around the world to interview for internships. So, many of the internship interviews are done almost exclusively via Skype now.”
Where else can we expect virtual interactions with employers?
On top of virtual recruiting at the career fair, Ms. Wigmore Álvarez says: “Last year we brought more than 75 companies to do on-campus recruiting and corporate presentations at different points during the year. This year, we expect to see even more of that with the webcast that I mentioned earlier. It’s these relations that we have in different markets that are contributing to us gaining more international opportunities for our students.”