MBA EMPLOYMENT REPORT 2018 - HEC Paris

MBA EMPLOYMENT REPORT 2018

2018 TRENDS & STATISTICS

The talented graduates of the Class of 2018 joined the ranks of the HEC Paris alumni network ? a network of more than 60,000 people across 132 countries around the world ? prepared to be global business leaders of today and able to take on the business challenges of the future. With 93 percent of the class accepting job offers within three months of graduation, it was another very successful recruitment year.

Armed with a global mindset, after having 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.

Our dedicated Career Center team would like to take this opportunity to thank our loyal alumni and recruiters, who continue to show confidence in our talent. We are proud of our achievements and we look forward to continuing to prepare future generations of global leaders to solve the business problems of tomorrow.

Rapha?lle Gautier

Executive Director Corporate Partnerships & Careers, HEC Paris

CLASS PROFILE

CLASS PROFILE HEC PARIS MBA CLASS OF 2018

NUMBER OF PARTICIPANTS

232

INTERNATIONAL PARTICIPANTS

90%

GENDER

29% WOMEN

AVERAGE WORK EXPERIENCE

6 YEARS

NATIONALITIES

47

AVERAGE AGE

30

GMAT AVG

690

25%

AMERICAS

GEOGRAPHIC ORIGINS (NATIONALITIES)

23%

EUROPE

9%

AFRICA & MIDDLE

EAST

43%

ASIA & OCEANIA

HEC PARIS MBA 2018

CURRENT CLASS PROFILE HEC PARIS MBA CLASS OF 2020

NUMBER OF PARTICIPANTS

274

INTERNATIONAL PARTICIPANTS

92%

GENDER

33% WOMEN

NATIONALITIES

56

AVERAGE AGE

30

GMAT AVG

690

AVERAGE WORK

EXPERIENCE

6 YEARS

22%

AMERICAS

GEOGRAPHIC ORIGINS (NATIONALITIES)

20%

EUROPE

11%

AFRICA & MIDDLE

EAST

47%

ASIA & OCEANIA

4

5

HEC PARIS MBA

SALARIES

SALARIES

On average, MBA graduates from HEC Paris doubled their pre-MBA salaries.

93%

OF THE CLASS ACCEPTED JOB OFFERS WITHIN THREE MONTHS OF GRADUATION

OVERALL MEAN SALARY

2016

2017

2018

Overall Average Salary Package

$104,700

$112,800

$120,700

Sign-on Bonus

$14,800

$27,800

$28,100

TOTAL

$120,700

ANNUAL SALARY PACKAGE (MEAN)

$112,200

ANNUAL SALARY PACKAGE (MEDIAN)

$28,100

SIGN-ON BONUS (MEAN)

$29,500

SIGN-ON BONUS (MEDIAN)

6

HEC PARIS MBA 2018

SECTOR

CONSULTING Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$114,900 $112,200 $26,800 $18,600

MANUFACTURING Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

LOCATION

$122,098 $109,016 $9,967 $46,929

FINANCE Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$125,305 $118,000 $35,498 $42,489

France Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$101,200 $106,000 $18,700 $14,300

TECHNOLOGY

Annual Salary (Mean)

$145,600

Western Europe (including France)

Annual Salary (Median)

$131,000

Annual Salary (Mean)

$129,100

Sign-on Bonus (Mean)

$37,000

Annual Salary (Median)

$114,700

Performance Bonus (Mean)

$71,900

Sign-on Bonus (Mean)

$37,300

Performance Bonus (Mean)

$38,300

HEALTHCARE Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$113,700 $115,600 $11,900 $27,700

North America Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$140,700 $139,300 $18,000 $32,800

CONSUMER PACKAGED GOODS Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$94,000 $95,100 $30,000 $5,800

Asia (including Oceania): Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$111,900 $107,800 $22,700 $50,600

ENERGY Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$109,200 $109,300 $15,300 $20,000

Middle East/Gulf Region Annual Salary (Mean) Annual Salary (Median) Sign-on Bonus (Mean) Performance Bonus (Mean)

$129,400 $118,900 $26,500 $28,900

RETAIL

Annual Salary (Mean)

$122,300

Annual Salary (Median)

$126,000

South America Annual Salary (Mean) Annual Salary (Median)

$150,700 $148,500

7

HEC PARIS MBA

CAREER TRANSFORMATION

CAREER TRANSFORMATION

FOR THE CLASS OF 2018

73%

CHANGED SECTOR

72%

CHANGED FUNCTION

61%

CHANGED LOCATION

74%

CHANGED AT LEAST TWO OF THESE THREE

ELEMENTS

39%

CHANGED ALL THREE

CAREER TRANSFORMATION

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 and 61 percent changing their location. Nearly three-quarters of the class changed two of the three elements, while 39 percent successfully made the "triple jump." International mobility continued to be a strong trend in our post-graduation placements, with 60 percent of the class securing employment outside of their home countries.

8

HEC PARIS MBA 2018

SECTOR CHANGE

Overall, a large number of HEC Paris MBA participants moved into the Consulting, Technology and Healthcare sectors.

PRE-MBA

Consulting 10% 24%

POST-MBA

Consumer Goods 10% 8%

Energy

Hospitality

9%

2%

5%

1%

Financial Services 16% 18%

Healthcare

Manufacturing 6% 3%

Retail

Govt./Not-for-profit

5%

4%

10%

2%

Real Estate

5%

6%

5%

2%

Media/Entertainment 2% 2%

Transportation & Logistic Services

5% 3%

Technology

Other 12% 17%

Not available

5%

3%

0%

0%

FUNCTION CHANGE

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

Consulting

19% 25%

Human Resources 0% 2%

Information Technology 5% 4%

Finance/Accounting 12% 17%

General Management 12% 20%

Marketing & Sales 16% 11%

Ops, Production, Logistics

Other

8%

25%

9%

12%

Not available 3% 0%

9

HEC PARIS MBA

RECRUITER ACTIVITY

RECRUITER ACTIVITY

TOP RECRUITERS

SOURCE OF OPPORTUNITY

60% SCHOOL FACILITATED OPPORTUNITIES

13%

On-Campus Interviews with Recruiters

24%

On-Campus Networking with Companies & Alumni

9%

HEC facilitated Internships which converted to full-time

54%

MBA On-Campus Recruitment

40% GRADUATE FACILITATED OPPORTUNITIES

Networking

73%

Online Postings

19%

8% Previous Employer/Sponsored

10

HEC PARIS MBA 2018

"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 return to work, with an internship during the program and a full time position right after it."

Viviana Arias Roda, MBA'18 HR Manager, Human Resources Leadership Development Program, Johnson and Johnson

11

HEC PARIS MBA

CAREER CHOICES

CAREER CHOICES FOR THE CLASS OF 2018

Rate

Employed at three months

Sector

Consulting Financial Services Technology Healthcare Consumer Packaged Goods Energy Retail Transportation & Logistic Services Manufacturing Real Estate Media/Entertainment Government Hospitality Not for Profit

Function

Consulting General Management Finance/Accounting Marketing and Sales Human Resources Information Technology Operations/Production/Logistics Other

93%

24% 18% 17% 10% 8% 5% 5% 3% 3% 2% 2%

1% 1% 1%

Location

Region

France Europe (Excluding France) Asia (including Australia) North America Latin America & Caribbean Middle East

International Mobility

Working outside their home country as percentage of total Class

Working outside France as percentage of total Class

28% 32% 22%

8% 5% 5%

60%

72%

25% 20% 17%

11% 2% 4% 9% 12%

12

HEC PARIS MBA 2018

"What made the HEC

Paris MBA stand out was the classroom experience ? intimate, thought provoking, and rich in debate. Students hail from a diverse set of backgrounds, industries, and geographies, and those differences challenge your assumptions and opinions. Being adaptable is essential in the modern workplace and I carry this training forward from the MBA program."

Siddharth Gurnani, MBA'18 HR Manager, American Express

13

HEC PARIS MBA

REGION ANALYSIS

REGION ANALYSIS

MOBILITY

60%

OF GRADUATES SECURED

EMPLOYMENT OUTSIDE OF THEIR HOME COUNTRIES

REGIONS

The percentages of non-French finding jobs in France, and non-Europeans finding jobs in Europe were 74 percent and 50 percent of the placement rates in these regions.

8%

NORTH AMERICA

32%

EUROPE

28%

FRANCE

5%

JOB LOCATION

22%

ASIA**

5%

LATIN AMERICA*

AFRICA

*And Caribbean **Including Australia 14

HEC PARIS MBA 2018

"The HEC Paris MBA

allowed me not only to acquire or deepen the core skills essential for transitioning into the field of consulting in operational efficiency, but also to discover various industries through the many events and meetings taking place on campus (forums, club events, certificates, etc.). Additionally, being a truly international MBA provides the soft skills needed to work smoothly in a global environment while understanding cultural differences."

Flore Poughon, MBA'18 Advisory & Transformation senior advisor, BNP Paribas - CIB

15

HEC PARIS MBA

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download