MBA programs forge connections between students

Networking is the third most important popular reason to apply to MBA programs (after financial gain and education), according to a Financial Times business school ranking survey. According to the same survey, 95% of those who ranked networking as a priority said they had been successful in their networking goals. While participating in class and studying rigorously will certainly help you make the most of your education, those are not the only things you need to do to get a job. And networking does not have to be a separate pursuit from academic study or even from recreational activities. Don’t fool yourself: Every time you raise your hand in class or grab a drink after work with a new friend, you’re networking.

MBA Networking Events

MBA programs and potential employers do a good deal of work to make networking easy for graduate students. In their first semester at Wharton, students have the opportunity to attend more than 20 MBA networking events including presentations, informational interviews and cocktail parties — and that’s just in the financial field! All business schools organize such events for their students, and alumni groups play a similar role in students’ lives post graduation. For obvious reasons, the caliber of a school makes an enormous difference in the kind of networking events it can organize and the recruiters who may attend.

About MBA Alumni Networks

One of the important ways MBA networks differ from college alumni organizations is that MBA alumni often become increasingly active in the networks after graduation, rather than taking advantage of the network while they get situated and then forgetting about it. At Tuck, 70% of students report getting their first post-MBA job through a connection to an alumnus. One way to evaluate the activity of a particular school’s alumni network is by looking up what percentage of alumni donate to the school each year. The higher the percentage, the more alumni have remained actively involved with their alma mater after graduation. According to such measures, alumni networks are the most active by far at the top 20 business schools.

Networking Tips

While administrators, faculty and alumni will all do their part to help connect you to professionals in your field, your networking success depends most on your own behavior. It never hurts to begin before the semester does, and it is also particularly important to remain engaged after graduation (and after you land your first job). Be as active as you can during the MBA program — join an extracurricular group or volunteer in your area of professional interest. Choose the networking events you attend carefully, go with a goal in mind and try to demonstrate your interest without being overbearing. After all, networking is most effective when you actually enjoy it.