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November 2005 Mythbuster Chan: Grads Do Not Leave Nest
You’ve heard the one about the alligators that live under New York City. And how about the $250 recipe for Neiman-Marcus cookies? But the urban legend that bugs Assistant Dean Andy Chan is the persistent myth that Stanford MBAs refuse to leave the Bay Area after graduation. Not true, says Chan, the director of the School’s MBA Career Management Center, and he has data going back 15 years to prove it. “With the exception of one year—2000—55 to 65 percent of our students have taken jobs outside the area,” he says. In fact, the numbers appear to be growing. While 60 percent of the MBA Class of 2004 found positions outside the Bay Area, preliminary figures show that 65 percent of the Class of 2005 followed. In order to locate many of those jobs, Chan and his staff visit alums and their companies in international locations. Over a few months last summer, they went to China, Hong Kong, Singapore, Chile, Brazil, and Argentina. They also regularly visit far-flung cities in the United States. Last year they went to Seattle, Chicago, New York, Boston, and Philadelphia. Alums who would like more information, or even a visit, may contact Associate Director Celia Harms at harms_celia@gsb.stanford.edu. |
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