MBA EMPLOYMENT REPORT 2018 - HEC Paris
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MBA EMPLOYMENT REPORT
2018
2018
TRENDS & STATISTICS
The talented graduates of the Class of 2018 Our dedicated Career Center team would like to
joined the ranks of the HEC Paris alumni network take this opportunity to thank our loyal alumni
– a network of more than 60,000 people across and recruiters, who continue to show confidence
132 countries around the world – prepared to be in our talent. We are proud of our achievements
global business leaders of today and able to take and we look forward to continuing to prepare
on the business challenges of the future. With 93 future generations of global leaders to solve the
percent of the class accepting job offers within business problems of tomorrow.
three months of graduation, it was another very
successful recruitment year. Raphaëlle Gautier
Executive Director -
Armed with a global mindset, after having Corporate Partnerships & Careers, HEC Paris
completed their studies with their 90 percent
international classmates, made up of 47
nationalities, 60 percent of the class secured
positions outside of their home countries. Our
students continue to make significant career
transformations, with 73 percent changing
sector, 72 percent changing function and 61
percent changing their locations. A total of 74
percent of the class changed two of the three
elements, while almost 40 percent made the
“triple jump” and changed all three.
The HEC Paris MBA continues to be one of the
top European MBAs, remaining highly ranked
by The Economist, Financial Times, Forbes,
Poets & Quants and Bloomberg Businessweek.
Our Career Center ensures students’ career goals
align with the needs of the global job market.
It encourages students to transform and explore
a variety of industries and functions during the
MBA. This diversity is reflected in the placement
data with 51 percent of students securing roles in
a range of industries including Energy/Utilities,
Life Sciences, Luxury, Consumer Goods and
Automotive. Technology (17 percent placement)
and Finance (18 percent placement) remained
popular sectors, while Consulting saw big growth
with 24 percent of the class securing positions
within the sector.
CLASS PROFILE HEC PARIS MBA 2018
CLASS PROFILE CURRENT CLASS PROFILE
HEC PARIS MBA CLASS OF 2018 HEC PARIS MBA CLASS OF 2020
NUMBER NUMBER
OF PARTICIPANTS NATIONALITIES OF PARTICIPANTS NATIONALITIES
232 47 274 56
INTERNATIONAL INTERNATIONAL
AVERAGE AGE PARTICIPANTS AVERAGE AGE
PARTICIPANTS
30 92% 30
90%
GENDER GMAT AVG GENDER GMAT AVG
29% WOMEN 690 33% WOMEN 690
AVERAGE WORK AVERAGE WORK
EXPERIENCE EXPERIENCE
6 YEARS 6 YEARS
GEOGRAPHIC ORIGINS (NATIONALITIES) GEOGRAPHIC ORIGINS (NATIONALITIES)
23% 20%
EUROPE EUROPE
25% 9% 43% 22% 11% 47%
AMERICAS AFRICA &
MIDDLE ASIA & AMERICAS AFRICA &
ASIA &
MIDDLE
EAST OCEANIA EAST OCEANIA
4 5
HEC PARIS MBA
SALARIES HEC PARIS MBA 2018
SALARIES SECTOR MANUFACTURING
Annual Salary (Mean) $122,098
Annual Salary (Median) $109,016
CONSULTING Sign-on Bonus (Mean) $9,967
Annual Salary (Mean) $114,900 Performance Bonus (Mean) $46,929
On average, MBA graduates from Annual Salary (Median) $112,200
OVERALL MEAN SALARY Sign-on Bonus (Mean) $26,800
HEC Paris doubled their pre-MBA salaries.
Performance Bonus (Mean) $18,600 LOCATION
FINANCE
2016 2017 2018 France
Annual Salary (Mean) $125,305
Annual Salary (Mean) $101,200
Annual Salary (Median) $118,000
Annual Salary (Median) $106,000
Sign-on Bonus (Mean) $35,498
Sign-on Bonus (Mean) $18,700
Overall Average Salary Package Performance Bonus (Mean) $42,489
Performance Bonus (Mean) $14,300
TECHNOLOGY
93%
Western Europe (including France)
Annual Salary (Mean) $145,600
Annual Salary (Mean) $129,100
Annual Salary (Median) $131,000
$104,700 $112,800 $120,700 Annual Salary (Median) $114,700
Sign-on Bonus (Mean) $37,000
Sign-on Bonus (Mean) $37,300
Performance Bonus (Mean) $71,900
Performance Bonus (Mean) $38,300
HEALTHCARE
OF THE CLASS North America
ACCEPTED JOB Annual Salary (Mean) $113,700
OFFERS WITHIN Annual Salary (Mean) $140,700
Sign-on Bonus Annual Salary (Median) $115,600
THREE MONTHS Annual Salary (Median) $139,300
OF GRADUATION Sign-on Bonus (Mean) $11,900
Sign-on Bonus (Mean) $18,000
Performance Bonus (Mean) $27,700
Performance Bonus (Mean) $32,800
CONSUMER PACKAGED GOODS
$14,800 $27,800 $28,100 Asia (including Oceania):
Annual Salary (Mean) $94,000
Annual Salary (Mean) $111,900
Annual Salary (Median) $95,100
Annual Salary (Median) $107,800
Sign-on Bonus (Mean) $30,000
Sign-on Bonus (Mean) $22,700
Performance Bonus (Mean) $5,800
Performance Bonus (Mean) $50,600
ENERGY
Middle East/Gulf Region
Annual Salary (Mean) $109,200
Annual Salary (Mean) $129,400
TOTAL Annual Salary (Median) $109,300
Annual Salary (Median) $118,900
Sign-on Bonus (Mean) $15,300
Sign-on Bonus (Mean) $26,500
Performance Bonus (Mean) $20,000
$120,700 $112,200 $28,100 $29,500 Performance Bonus (Mean) $28,900
RETAIL
ANNUAL SALARY ANNUAL SALARY SIGN-ON BONUS SIGN-ON BONUS South America
PACKAGE (MEAN) PACKAGE (MEDIAN) (MEAN) (MEDIAN) Annual Salary (Mean) $122,300
Annual Salary (Mean) $150,700
Annual Salary (Median) $126,000
Annual Salary (Median) $148,500
6 7
HEC PARIS MBA
CAREER TRANSFORMATION HEC PARIS MBA 2018
CAREER SECTOR CHANGE
TRANSFORMATION Overall, a large number of HEC Paris MBA participants moved into the Consulting, Technology
and Healthcare sectors.
PRE-MBA POST-MBA
Consulting Consumer Goods Energy Hospitality
FOR THE CLASS OF 2018 10%
24%
10%
8%
9%
5%
2%
1%
Financial Services Healthcare Govt./Not-for-profit Media/Entertainment
16% 5% 4% 2%
18% 10% 2% 2%
73% 72% 61% Manufacturing Retail Real Estate
Transportation &
Logistic Services
CHANGED CHANGED 6% 5% 6% 5%
CHANGED
SECTOR LOCATION
FUNCTION 3% 5% 2% 3%
Technology Other Not available
12% 5% 3%
17% 0% 0%
74%
CHANGED AT
39%
LEAST TWO OF
THESE THREE
CHANGED
ALL THREE
FUNCTION CHANGE
ELEMENTS
We saw a large number of students from the Class of 2018 take on Consulting positions, while many
also took on leadership roles in General Management functions.
PRE-MBA POST-MBA
CAREER TRANSFORMATION Consulting Human Resources Information Technology
19% 0% 5%
25% 2% 4%
At the HEC Paris MBA, we pave the way for students to transform their careers. The majority of our
students made a career transformation, with 73 percent changing sector, 72 percent changing function Finance/Accounting General Management Marketing & Sales
and 61 percent changing their location. Nearly three-quarters of the class changed two of the three 12% 12% 16%
elements, while 39 percent successfully made the “triple jump.” International mobility continued to be 17% 20% 11%
a strong trend in our post-graduation placements, with 60 percent of the class securing employment
outside of their home countries. Ops, Production, Logistics Other Not available
8% 25% 3%
9% 12% 0%
8 9
HEC PARIS MBA
RECRUITER ACTIVITY HEC PARIS MBA 2018
RECRUITER
ACTIVITY
TOP RECRUITERS
“The HEC Paris MBA
gave me the tools to
dare to work in a
different language, in a
foreign country and in
a new industry.
My experience at HEC
was key in helping me
find the right fit for my
career. This program
gave me the flexibility
to have an ideal
SOURCE OF OPPORTUNITY return to work, with
an internship during
the program and a
60% SCHOOL FACILITATED OPPORTUNITIES 40% GRADUATE FACILITATED OPPORTUNITIES full time position right
after it.”
13% 9%
Viviana Arias Roda, MBA ’18
Networking
73%
On-Campus HEC facilitated Internships
Interviews with which converted to full-time HR Manager, Human Resources
Recruiters
Leadership Development Program,
Johnson and Johnson
24%
Online Postings
19%
On-Campus
Networking
with Companies
& Alumni
54%
Previous Employer/Sponsored
8%
MBA
On-Campus Recruitment
10 11
HEC PARIS MBA
CAREER CHOICES HEC PARIS MBA 2018
CAREER CHOICES FOR
THE CLASS OF 2018
Rate Location
Employed at three months 93% Region
France 28%
Sector Europe (Excluding France)
Asia (including Australia)
32%
22%
“What made the HEC
Consulting 24% North America 8%
Paris MBA stand out
Financial Services 18% Latin America & Caribbean 5% was the classroom
Technology 17% Middle East 5% experience – intimate,
Healthcare 10%
Consumer Packaged Goods 8% International Mobility thought provoking, and
Energy 5% rich in debate. Students
Retail 5% Working outside their home country 60%
Transportation & Logistic Services 3% as percentage of total Class hail from a diverse set of
Manufacturing 3% backgrounds, industries,
Working outside France 72%
Real Estate 2% as percentage of total Class and geographies, and
Media/Entertainment 2%
Government 1% those differences challenge
Hospitality 1% your assumptions and
Not for Profit 1%
opinions. Being adaptable
is essential in the modern
Function workplace and I carry this
Consulting 25%
training forward from the
General Management 20% MBA program.”
Finance/Accounting 17%
Marketing and Sales 11%
Siddharth Gurnani, MBA ’18
Human Resources 2% HR Manager, American Express
Information Technology 4%
Operations/Production/Logistics 9%
Other 12%
12 13
HEC PARIS MBA
REGION ANALYSIS HEC PARIS MBA 2018
REGION
ANALYSIS
MOBILITY 60% OF GRADUATES “The HEC Paris MBA
SECURED
EMPLOYMENT
OUTSIDE OF THEIR
allowed me not only to
HOME COUNTRIES
acquire or deepen the
core skills essential for
transitioning into the field
REGIONS of consulting in operational
efficiency, but also to
The percentages of non-French finding jobs in France, and non-Europeans finding jobs in Europe were discover various industries
74 percent and 50 percent of the placement rates in these regions.
through the many events
and meetings taking place
JOB LOCATION on campus (forums, club
events, certificates, etc.).
32% Additionally, being a
EUROPE
22% truly international MBA
8% 28% ASIA**
NORTH
AMERICA FRANCE
5% provides the soft skills
needed to work smoothly in
a global environment while
understanding cultural
differences.”
5% AFRICA
LATIN
AMERICA* Flore Poughon, MBA ’18
Advisory & Transformation senior
advisor, BNP Paribas - CIB
*And Caribbean ** Including Australia
14 15
HEC PARIS MBA
COMPANIES WHO RECRUITED FROM HEC PARIS MBA 2018
THE CLASS OF 2018
The following list includes companies that offered at least one full-time position, as well as those that had
internship positions accepted.
A Covivio H N Swatch Group
A.T. Kearney Coca-cola HCA Healthcare UK Natixis* Synpulse Management Consulting
ANA Holdings Inc. Conti Advanced Business Learning Hartree Partners, LP Nature’s Flowers Systra
AVEVA
AXA
Abbott
Coty
Credit Suisse
Crown Holdings, Inc.
Head-On Computer Systems Ltd.
Henkel
Hilti Group
Navabi GmbH
Neptune Energy
Nike T
“The MBA gave me access
ABN AMRO
Accenture*
CVA HVS Global Hospitality Services Nouvelles Donnes
NOVAMINDS
Tecnifibre
Tefen Management Consulting
to a very special, interesting
Actility SA
Adidas D I
Novartis Telefónica
TNP
and diverse group of people:
Admiral
Adobe
Daanuu
Dassault Systèmes
IAG
Iconen O
The Flyways, Inc.
The NPD Group the HEC alumni network.
Advanced Blockchain
Alibaba Group
Data Soluce
Dataswati
IDEMIA
IFC
Observia
OECD
The Norinchukin Bank
TIMAC AGRO International Being inspired by and
AlixPartners
Alvarez & Marsal
DeepMind
Deloitte
Imerys
IN Consulting
Orange*
Oscar Health
toBE marketing
Total learning from them has
Toyota
Amadeus
Amazon
DENK PHARMA GmbH & Co. KG
Deutsche Bank
Infosys
ING Group
Osha Liang LLP
OYO Tracr
Tradelab
helped me in my first-year
American Express DHL Consulting Invex Banco
Anglo American
Archery Strategy Consulting
Didi Chuxing
Diaco SA
Ipsen
IQVIA P, Q
Truffle Capital
Tuttnauer
post-grad and, I’m sure,
Aresoft Information Technology
Arkwright consulting
Digitevent
DIJIK Innovations
iReMMO
IS Groupe
Pace University
Pala Investments
will continue to do so for
Armani
Artefact
Disney
DOCOMO Digital
Partners Group
Partners in Performance
U
Uber
my entire career. The other
Ashoka
AstraZeneca
DS Avocats
DuPont Sustainable Solutions
J
Jkuat Nissin Foods
Partnership Fund
Pathao
UBS
UNESCO thing that has almost
Atelier Choux
Atos*
DWS Group Johnson & Johnson
JR Capital
PepsiCo
Pernod Ricard
Unifin
Unilever surprised me is just how
AVentures Capital
Away E
Juva Santé Philips
Priceline.com
Urgo Group
relevant the casework and
AXA*
AXYS Consultants
eBay
Eco-Adapt K
Private Equity Real Estate
Procter & Gamble V/W
Vente Privee/Veepee
course material is to top
EIG Kantar Consulting PTOLEMUS Consulting Group
B
Elephants & Ventures
Eli Lilly and Company
KPMG*
Kyriba
Puma Energy*
PwC*
Verizon Media (Oath)
Virtuos China Ltd.
issues affecting business
Bain & Company*
Bank Audi
Enviva Partners, LP
E.ON R
VMLY&R
Voltalia
today. Analyzing and
Bank of America Merrill Lynch
Bank of Singapore
Equanum
Essilor
L
Laboratoires Dermatologiques
Renault-Nissan-Mitsubishi*
Rent-A-Car
Willis Towers Watson
Wood Mackenzie
breaking-down problems
Baron Philippe de Rothschild
BASF
Estée Lauder
EY*
d’Uriage
Launchmetrics
Road Pictures
Roland Berger
in the classroom prepared
Berne Selection
BNP Paribas*
Laureate Education
L Capital
R&F Properties
RTL Group
X/Y/Z
Yee Coffee me to do the same as a
BrightSky Ventures
Brooks
F
Facebook
L.E.K. Consulting
LINAGORA S
Yolkshire
YOOX Net-a-Porter Group consultant at AlixPartners.
Yseop
BV Advisory Falabella
Farfetch
L’Oréal*
Loro Piana
Safran
Sanofi Yves Saint Laurent
Zalando
Invaluable.”
First Capital Securities Co. LVMH* SCG Advisory
C Flyscribe Schaeffler Bio-Hybrid Zuoyouttang Technology
Canaccord Genuity Group Inc. Fonterra M Schneider Electric* Zurich Insurance Group
Care.com Forex Capital Markets Maiden Home SFR Zhuomo Melinda Aulie, MBA ’18
Zoobashop
Cartier International Fosun International Mazars* Shanghai Chicmax Cosmetic Consultant, AlixPartners
Celimene McKinsey & Company* Company
Chanel Merck Shanghai Auto Space Investment
Choice Capital G Mews Partners Consultant Co.
Chung-I Business Co. GE Medical Systems Michelin* Shinhan Bank
Citi GE Power Milestone Beverages Siemens Healthineers
C.J. Segerstrom & Sons / Givaudan Ming Liu Group Simon-Kucher & Partners
South Coast Plaza Globalpraxis Mingle Cultural Development Skintifique
CDB Capital Co. Google MIVIK (BIMA) Smart
CMA CGM* Gradian Health Systems Modong Culture & Media Société Générale*
Gruppo Concorde spa Moët Hennessy Société des plastiques nobles
GTA Monitor Deloitte (SPN)
Morgan Stanley Sodexo*
S.T. Dupont
*Corporate partners of HEC Paris
16 17
HEC PARIS MBA
RECRUITING HEC PARIS MBA 2018
RECRUITING AND NETWORKING EVENTS The HEC Paris MBA lasts 16 months. There are two intakes, in September and January.
HEC Paris MBA Career Week: A week-long, on-campus event for companies recruiting specifically for Availability of September intake:
MBA full-time positions (September). • Internships:
HEC International Finance and Consulting Forums: On-campus networking and job-placement events - Summer internships from May to September
for companies recruiting for the Financial Services and Consulting sectors (October and November). - Winter internships from January to April (of the following year)
HEC Carrefours Career Fair: Started in 1985, the Carrefours Career Fair is the flagship career fair for • Full-time Positions:
students from all programs across HEC (January).
- Available from January (of the following year)
HEC MBA Internship Day: MBA-specific event for companies recruiting internship positions (January/
February). - Graduation in June
Sector-focused Career Fairs: Events held for companies recruiting or wanting to network with students Availability of January intake:
specifically interested in their sectors, including Technology, Life Sciences and Impact, among others • Internships:
(November-March).
- Summer internships from July to September
Region-focused Career Fairs: Events held focused on certain regions, including Germany, China,
- Winter internships from January to April (of the following year)
Luxembourg and Africa, among others (November-March).
•F
ull-time Positions:
MBA Retail & Luxury Fair: Event held for students specifically interested in Retail and Luxury (March).
- Available from April (of the following year)
Stand-alone individual presentations: Company presentations can occur anytime from throughout the
year. - Graduation in June
Career treks: Regional, national and international treks organized throughout the program to give
students an insider’s view of companies within a specific sector.
Club activities: HEC Paris MBA professional clubs aim to strengthen the relationship between the
HEC Paris MBA community and specific sectors. They organize roundtable discussions, evening guest
speakers, networking dinners with HEC Paris alumni, and so on.
Job/internship postings: Job opportunities can be posted on our careers portal, free of charge. For more
information, email mbacareers@hec.fr.
“The MBA gave me all the
tools I’ve needed–to excel at
banking, to launch a VC
TIMING AND AVAILABILITY syndicate, and to found
two companies.”
When can you recruit?
Jonathan Paulson, MBA ’18
In principle, recruitment is open year-round, with emphasis on the MBA recruiting cycles (September to Entrepreneur and Associate
December for full-time placements and January to April for internships). This is the optimal period, as all Investment Banking, Deutsche Bank
participants are on campus, and it fits with most companies’ recruitment schedules.
18 19
HEC PARIS MBAwww.mba.hec.edu 1 rue de la Libération
admissionmba@hec.fr 78351 Jouy-en-Josas
mbacareers@hec.fr France
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