CAREER REPORT INTERNATIONAL MBA 2018 - IE.edu
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International MBA 2017 Graduates /3 CONTENTS MARKET INSIGHTS 4 PROFILE OF THE GRADUATES 6 INTERNATIONAL PLACEMENT STATISTICS 8 I. 2017 Results II. Career Choices III. Salaries 2017 EMPLOYERS 12 I. Recruit at IE II. Recruiting Partners IE INTERNATIONAL OFFICES 17
MARKET INSIGHTS At IE Business School, we are proud of our achievements. Our dedicated team of industry experts have strengthened the core career content in the program curricula, continued to provide sector-specific career advice for every student and attracted more interest from international recruiters than ever before. As a result, 87% of our 2017 graduates secured a job within three months of graduation, most notably in the Technology industry. In keeping with trends, approximately 34% of the class joined companies in Financial Services and Consulting. Students keep securing work as Marketing/Sales professionals with 25% landing jobs in this area, while a growing number accepted a position in General Management (20%) and Finance/Accounting (18%). “The main takeaway Regarding regions, 42% of our graduates decided to work from my experience in Europe and 31% settled in Latin America. at IE is how to deal with different ways These new graduates joined the ranks of 60,000 IE alumni of thinking and to based in 160 countries in both the public and private sectors. take the best from a variety of opinions. This continued success demonstrates our commitment to Having classmates limiting time away from the workplace while providing a from an extremely wide range of countries complete International MBA experience far beyond just and with all type of work and life experiences academic achievement. It’s our focus on real-world projects contributed to develop this skill. and leadership initiatives that attracts major companies such While applying to different jobs from all as Amazon, Deloitte and McKinsey & Company: industry parts of the world, this skill was extremely useful to interact with recruiters and excel giants that value candidates with “intrapreneurial” skills and in interviews.” the power to change a company from the inside. We cannot wait to build on this success as we dig deeper to bring out PABLO PAESANI our students’ fullest potential and create value for all types Amazon of industries and communities across the globe. #ieIMBA #IECareers
PROFILE OF THE GRADUATES Diversity is one of our most distinguishing values. We strongly believe that our students learn not just from our faculty but also by interacting with classmates from diverse educational, professional and social backgrounds. With over 130 nationalities on- campus and at least 50 in any given class, our graduates have already had first-hand experience with operating in a multicultural environment. GENDER 30% 70% FEMALE MALE AGE 29.8 80% YEARS OLD RANGE AVERAGE 26 - 34 5.7 77 91% YEARS AVERAGE NATIONALITIES INTERNATIONAL WORK EXPERIENCE IN CLASS STUDENTS
International MBA 2017 Graduates /7 GEOGRAPHIC DISTRIBUTION 17% 24% 12% NORTH EUROPE ASIA AMERICA 11% AFRICA & MIDDLE EAST 36% LATIN AMERICA INDUSTRY SECTORS 23% INDUSTRY, ENERGY & CONSTRUCTION 10% OTHER 19% FINANCIAL SERVICES 4.5% LAW, AUDITING & TAX 3% MEDIA/ENTERTAINMENT 5% PHARMA, BIOTECH, HEALTH 4% GOVERNMENT, NGOs 11.5% CONSULTING 11% TECHNOLOGY & TELECOM 11% CONSUMER GOODS UNDERGRADUATE DEGREES 3.5% INFORMATION TECHNOLOGY 6% OTHERS 5% LAW 13% ECONOMICS 29.5% BUSINESS 9.5% SCIENCES 21.5% ENGINEERING 12.5% SOCIAL SCIENCES & HUMANITIES
INTERNATIONAL MBA PLACEMENT STATISTICS I. RESULTS FROM 2017 GRADUATES 87% STUDENTS 669 NUMBER OF WORKING BY 3 GRADUATES MONTHS 60 JOB OPPORTUNITIES AND EMPLOYMENT STATISTICS Talent & Careers courses are embedded into the IMBA STUDENTS DOING program. Coupled with career advice, these courses help students identify their professional goals and develop a DUAL DEGREES strategy to achieve them. 53 STUDENTS CREATING START-UPS
International MBA 2017 Graduates /9 II. CAREER CHOICES The diverse and industrial nature of our student body Marketing and Sales roles are still top of the table is echoed by the plethora of companies, across a with 25% of our student body finding their footing variety of industries where they find job placements. there. Finance roles have dropped slightly to 18% while Multinationals, SMEs, private or public sector placements in Consulting have increased to 15%, but businesses – our Talent & Careers service is always on the real climber is growth in General Management its toes as we strive to match a large range of recruiters which has risen to a healthy 20% this year. with the perfect candidate from our pool of qualified As a Business School with a far-reaching, cross- professionals. industry, international business vision, we are The technological industry continues as one of the exceptionally pleased with the number of our students most popular industries with 20% of our students who have secured opportunities all around the world. getting placements in this sector. Financial Services With 42% in Europe, 31% in Latin America and the and Consulting – the solid backbones of business Caribbean, 9% each in North America and Asia Pacific, – still draw a sizable crowd claiming 20% and 14% alongside a representation of 9% in Middle East and respectively, with interest in Consumer Goods just Africa, our global success is breathtaking. This success behind at 11%. is a result of having strong and fruitful relationships with international recruiters, coupled with an ever- growing diverse class profile and a network of 30 IE representative offices on all continents. PLACEMENT BY INDUSTRY PLACEMENT BY FUNCTION PLACEMENT BY REGION Technology 20% Marketing/Sales 25% Europe (EU) 38% Financial Services 20% General Management 20% Latin America/Caribbean 31% Consulting 14% Finance/Accounting 18% Asia 9% Consumer Goods 11% Consulting 15% North America 9% Manufacturing 10% Operations/Logistics 14% Africa - Middle East 9% Energy 5% Information Technology 4% Europe (non EU) 4% Healthcare 5% Human Resources 1% TOTAL 100% Other 5% Other 3% Real estate 3% TOTAL 100% Media/Entertainment 3% Transportation & Logistic 2% services Non-Profit 2% TOTAL 100% #ieIMBA #ieCareers
III. SALARIES The diverse nature of our International MBA Class of 2017, spread out over a wide variety of industries, functional areas and countries, accounts for the range of salaries on display. All salaries are reported in euros and US dollars. In the final column we have adjusted US dollars to PPP (Purchasing Power Parity) ratio, due to the high number of students who have salaries in non- US dollar currencies. The World Bankś s implied PPP rate of exchange was used to equalize the Purchasing Power Parity across economies. #ieIMBA #IECareers
International MBA 2017 Graduates / 11 SALARY INFORMATION BY FUNCTION Mean Euros Mean US Dollars Mean International Dollars Overall Base Salary 67,548 76,789 121,057 Other guaranteed compensation 24,747 28,121 44,268 Consulting 69,673 79,303 102,159 Other guaranteed compensation 17,248 19,600 24,949 Finance/Accounting 62,961 71,699 116,312 Other guaranteed compensation 29,363 33,367 56,046 General Management 78,576 89,008 150,609 Other guaranteed compensation 23,248 26,418 43,850 Information Technology 75,500 85,768 100,166 Other guaranteed compensation 25,740 29,250 35,656 Marketing/Sales 62,442 71,151 107,248 Other guaranteed compensation 21,987 24,985 35,145 Operations/Logistics 66,606 75,752 127,490 Other guaranteed compensation 31,650 35,966 60,114 SALARY INFORMATION BY INDUSTRY Mean Euros Mean US Dollars Mean International Dollars Overall Base Salary 67,548 76,789 121,057 Other guaranteed compensation 24,747 28,121 44,268 Consulting 67,780 77,161 103,894 Other guaranteed compensation 21,680 24,636 33,954 Consumer Packaged Goods 62,527 71,119 117,433 Other guaranteed compensation 26,217 29,792 51,668 Energy 90,552 103,098 190,085 Other guaranteed compensation 11,147 12,667 16,716 Financial Services 67,945 77,328 132,926 Other guaranteed compensation 32,272 36,672 65,576 Government 50,000 56,800 56,800 Other guaranteed compensation Healthcare 60,583 69,043 111,632 Other guaranteed compensation 11,000 12,500 18,098 Manufacturing 56,381 62,568 94,194 Other guaranteed compensation 10,208 11,600 19,474 Media/Entertainment 75,625 86,120 141,817 Other guaranteed compensation 7,040 8,000 8,762 Real Estate 42,050 47,805 78,556 Other guaranteed compensation 13,493 15,333 24,970 Technology 72,937 83,136 114,935 Other guaranteed compensation 32,001 36,365 50,088 Transportation & Logistics Services 90,000 102,240 192,420 Other guaranteed compensation 5,280 6,000 10,695 SALARY INFORMATION BY REGION Mean Euros Mean US Dollars Mean International Dollars Overall Base Salary 67,548 76,789 121,057 Other guaranteed compensation 24,747 28,121 44,268 Africa/Middle East 87,210 99,272 220,932 Other guaranteed compensation 36,862 41,889 101,025 Asia Pacific 60,120 68,421 114,133 Other guaranteed compensation 16,007 18,190 29,885 Europe (EU) 64,596 73,610 88,080 Other guaranteed compensation 20,882 23,729 28,301 Europe (non EU) 74,570 84,992 88,120 Other guaranteed compensation 18,260 20,750 19,554 Latin America/Caribbean 62,726 70,995 140,366 Other guaranteed compensation 29,569 33,601 67,427 North America 88,960 101,374 101,374 Other guaranteed compensation 38,720 44,000 44,000 *Other guaranteed compensations includes end-of-year bonus where we have sufficient data.
INTERNATIONAL MBA CLASS OF 2017 EMPLOYERS I. RECRUIT AT IE A large number of companies, organizations and executive search firms come to IE Business School year after year in search of top “Thanks to IE, I professionals, attracted by the quality and diversity of our students developed the skill and graduates. set and the business We partner with companies across all industries and regions to help acumen needed to face the interviews of them identify the talent they need to succeed in today’s complex the most demanding and competitive business environment, adapting to their needs companies. Without and recruitment cycles. the coaching sessions, the mock interviews, the career IE Talent & Careers helps companies recruit for all aspects of their advice, I wouldn’t be where I am.” business, from junior professionals and middle managers to senior executives. Through on- and off-campus methods, companies ALBERTO DE LA SERNA acquire talent from both our full-time and part-time programs, BCG as well as our expansive alumni network. HOW TO RECRUIT AT IE - OVERVIEW ON-CAMPUS ONLINE/INTERNATIONALLY MEETING THE STUDENTS • Company presentations • Job Bank • Business competitions • Talent Forums • CV Books • Networking and student club (Recruitment fairs) • Calls for applications activities • Interviews • Online presentations/fairs • Seminars and workshops • Educational events • Interviews (videoconference) • Consulting projects • Career Treks
International MBA 2017 Graduates / 13 II. RECRUITING PARTNERS More than 260 companies and organizations offered on-campus presentations and attended the various IE Talent Forums organized at IE Business School’s campus, as well as in Mexico and Colombia. HR representatives from local and international companies had the opportunity to meet our students, leading to interviews and selection processes both on- and off-campus. Other companies chose to conduct on-campus presentations or post their job opportunities on our IE Career Portal. Besides making these opportunities available to our students, we urge them to take responsibility in managing their careers and make the most of all the activities we organize to bring them in contact with recruiters at all early stages of the MBA. TOP 15 RECRUITING COMPANIES 1 6 11 2 7 12 3 8 13 4 9 14 5 10 15
2017 ON-CAMPUS RECRUITING PARTNERS A.T. KEARNEY BRISTOL-MYERS SQUIBB EUROPEAN BANK FOR AB INBEV BRITISH AMERICAN TOBACCO RECONSTRUCTION AND DEVELOPMENT (EBRD) ABANTE BTS EUROPEAN INVESTMENT BANK ABBOTT CABIFY (EIB) ABBVIE CAPGEMINI EVERIS ACCENTURE CATENON EXPEDIA ADECCO HEALTHCARE CEMEX EY AECOM CEPSA FACEBOOK AIRBUS DEFENCE & SPACE CHAINGO FUNDACIÓN UNIVERSIDAD- ALANTRA CHEVRON CORPORATION EMPRESA ALFA CONSULTING CITI GARTNER ALLIANZ PARTNERS COGNITIVE CORPORATE FINANCE GAS NATURAL FENOSA ALSA COLGATE-PALMOLIVE GENERAL ELECTRIC (GE) ALTAIR CORREOS GLOBALPRAXIS ALTRAN COSENTINO GLOWNET AMADEUS COTY GOLDMAN SACHS AMAZON CREDIT SUISSE GOOGLE AMAZON WEB SERVICES (AWS) CUSHMAN & WAKEFIELD GRANT THORNTON AMCOR DECATHLON GRUPO MASMÓVIL AMERICAN EXPRESS DELOITTE GRUPO SANJOSE ARTEFACT DESIGUAL GRUPO URVINA ARTHUR D. LITTLE DEUTSCHE BANK GSK ARUP DEUTSCHE POST DHL GROUP HILTI ASIAN DEVELOPMENT BANK (ADB) DEVEX HILTON AVATURE DIAGEO IBM AXEL SPRINGER DUFF & PHELPS IKEA BANCO MEDIOLANUM EBURY IMPACT HUB BANCO SANTANDER EDP RENOVÁVEIS IMPERIAL BRANDS BANK OF AMERICA MERRILL EF-EDUCATION FIRST INDITEX LYNCH ELI LILLY INDRA BAYER EMERSON INFOSYS BBVA ENGEL & VÖLKERS INTER-AMERICAN DEVELOPMENT BCG EQUIFAX BANK (IDB) BICG ERICSSON INTERNATIONAL COMMITTEE OF BP THE RED CROSS (ICRC) ESPAÑA, S.A. COMPAÑÍA BRAGI NACIONAL DE SEGUROS INTERNATIONAL FINANCE CORPORATION (IFC) BRICOMART ESSILOR ISG INTERNATIONAL PERSONAL “I had a great experience; Talent & Careers reached me for an opportunity and guided me through the whole recruitment process. At the end, I managed a triple jump (change location, function and industry) because of the support given by the service provided by Talent & Careers.” ALBERT ISHAK Airbus Defence & Space
International MBA 2017 Graduates / 15 2017 ON-CAMPUS RECRUITING PARTNERS MANAGEMENT GROUP ORACLE SOLVIA J.P. MORGAN ORGANIZATION FOR SECURITY SPOTAHOME JLL AND CO-OPERATION OF EUROPE STRATEGY& (OSCE) JOHNSON & JOHNSON SYNA CAPITAL OVG REAL ESTATE KELLOGG’S TELEFÓNICA P&G KNIGHT FRANK THE CHALHOUB GROUP PALLADIUM HOTEL GROUP KPMG THE HOTEL FACTORY PEPSICO LIDL THE KRAFT HEINZ COMPANY PERNOD RICARD WINEMAKERS LINDORFF THE ORGANISATION FOR PJT PARTNERS ECONOMIC CO-OPERATION AND LINKEDIN POLYMATH VENTURES DEVELOPMENT (OECD) LLORENTE & CUENCA PUMA ENERGY THERMO FISHER LOEWE PWC TJX LOGISTA QUALTRICS T-SYSTEMS LONDON CONSULTING GROUP RAKUTEN UAV NAVIGATION L’ORÉAL RESTAURANT BRANDS UBER LUFTHANSA GLOBAL BUSINESS INTERNATIONAL SERVICES UBER EATS REVOLUT UBS LVMH RICHEMONT UNIBAIL-RODAMCO MACQUARIE ROBERT WALTERS UNICEF MARS ROLAND BERGER UNITED NATIONS MARY KAY ROTHSCHILD & CO UNITED NATIONS HIGH MAXAM S&P GLOBAL COMMISSIONER FOR REFUGEES MCKINSEY & COMPANY (UNHCR) SAINT-GOBAIN MICHAEL PAGE UNITED NATIONS SECRETARIAT SALESFORCE MICROSOFT UNITED NATIONS WORLD SANDOZ MINSAIT TOURISM ORGANIZATION SANITAS (UNWTO) MONDELĒZ SAP VALUE PARTNERS MONITOR DELOITTE SAS VESTAS MOODY’S INVESTORS SERVICE SAVE THE CHILDREN WORLD BANK GROUP MORGAN STANLEY SCHINDLER GROUP WPP MSD SCHNEIDER ELECTRIC ZALANDO NATIONALE-NEDERLANDEN SCHWEPPES SUNTORY ZARA NH HOTEL GROUP SECURITAS DIRECT NIELSEN SHA WELLNESS NIKE SIEMENS NISSAN SIMON-KUCHER & PARTNERS OGILVY SOCIEDAD TEXTIL LONIA S.A. OLIVER WYMAN SOCIÉTÉ GÉNÉRALE OPINNO
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