Mba employment statistics insead

MBA Graduates 2013

2013 Employment Statistics A World of Talent

Contents From the Director Overall trends of 2013 A World of Talent Profile of 2013 INSEAD MBA graduates

02 03 04 06

Full-time jobs and compensation trends • Job locations • Career changes • Compensation trends by region and country • Corporate Sectors • Consulting • Finance

08 10 12 14 16 22 26

Employers of 2013 INSEAD MBA graduates • Top Employers • The Corporate Associate Programme • 2013 Recruiting Companies

30 30 31 32

Summer Internships • Monthly base salaries • 2013 Internship Employers

36 38 40

Recruiting at INSEAD List of countries per region

42 46

INSEAD MBA Graduates 2013

01

From the Director

Diverse Origins, Diverse Destinations

Overall trends of 2013

95% of our 2013 graduates reported employment by March 2014 In 2013, INSEAD MBA graduates once again chose extraordinarily diverse career paths that reflect the wide spectrum of nationalities and professional experiences of the class.

The evolution of the world economy demands that our graduates attune their career choices to address the needs of today’s businesses. Some 95% of the 2013 graduates have reported receiving an offer of employment by March 2014 in 64 countries and over 440 companies around the world.

both their leadership potential and the value they bring to the organisation on day 1. We wish to thank all the alumni who have contributed to our success by informing us of trends in their industries and helping current promotions in their job search.

We are delighted to introduce our new recruitment portal, CareerGlobe. If you are a recruiter and are interested in taking a look, please visit CareerGlobe at http://insead-csm.symplicity.com/ employers

INSEAD is The Business School for the World and we take this responsibility seriously. During 2013 we have strengthened our reach by growing our team to include a member located on our Abu Dhabi campus. Increased career activities are now located on all three campuses.

We are proud to present the statistics contained in this report that once again reflect the success of our graduating class. I would like to thank our students, recruiters and alumni as we look forward to another exciting year for INSEAD careers.

At the Career Development Centre, we support our students’ development as future business leaders and we strive to work with all our employers to understand their business needs in today’s global economy. Employers tell us that they hire INSEAD talent for

Mary Carey Global Director Career Development Centre

02

INSEAD MBA Graduates 2013

Perhaps reflecting a healthier outlook for the global economy, 2013 saw a return to a more balanced range of destinations than in 2012.

Notably, recruitment in the finance sector was up to 17% from a low of 14% the previous year. Similarly, 49% of graduates joined the corporate sectors, compared to 45% in 2012.

Correspondingly, there was a fall in the number of graduates joining consulting firms. In 2013 consulting accounted for 34% of appointments – down from 41% the previous year.

Overall, salaries remained more-orless stable in 2013, especially in the corporate sectors, although there were very slight decreases in finance and consulting. As usual, the range of starting salaries was vast – from €21,150 to €298,000 – reflecting the reality that many INSEAD graduates choose careers in social innovation in developing economies, while others head straight for the world’s great financial centres.

Geographically, last year’s fall in recruitment to Western Europe reversed itself somewhat by rising back to 38% (a 4 % increase). Numbers opting to work in North America were also slightly up and correspondingly slightly down in Asia-Pacific. However, the Asia-Pacific region remains the second highest destination chosen by our graduates. INSEAD students continue to demonstrate that they are ready to pursue careers all over the globe.

INSEAD’s graduating class truly is a barometer of the world economy INSEAD MBA Graduates 2013

03

A World of Talent A first-class business school We attract some of the most talented and ambitious young professionals in the world. Drawn to the school by our world-class faculty and unparalleled international alumni network, they leave INSEAD to create value and growth in companies across the globe.

• Average GMAT score (2013): 702 One school, three campuses and two intakes The MBA programme runs in parallel on two campuses in Europe (Fontainebleau, France) and Asia (Singapore). Two classes of approximately 500 participants graduate every year: in July and December respectively. This gives employers the opportunity to recruit twice during the year.

•

The most international business school If you are a recruiter looking for executives who are comfortable working across national and linguistic borders, both sensitive to other cultures and proficient in local business practices, then it is only natural to partner with INSEAD. Our uniquely diverse environment attracts young professionals with a solid international experience.

They then learn from each other’s differences and similarities, as well as from our global curriculum and faculty, before moving on to pursue careers throughout the world.

• The alumni network includes Chairmen, CEOs and other senior level directors at a large number of global companies including LVMH, L’Oréal, Power Corporation of Canada, Roche Holding Ltd, Danfoss, Statoil, Heineken, AON, Deutsche Bank, Goldman Sachs, BASF, Sanofi-Aventis, McKinsey & Company, Rio Tinto, Siemens, Prudential Plc, Lloyds Banking Group, Groupe Galeries Lafayette, L’Occitane International.

04

INSEAD MBA Graduates 2013

Major international rankings: regularly ranked in the top ten business schools worldwide since 2000; number 2 in Bloomberg Businessweek’s 2012 ranking of international business schools (non-US schools), number 2 in Forbes’ ranking of MBA programmes outside the US in 2013 and number 5 (joint with Columbia) in the Financial Times’ Global MBA ranking in 2014

An intensive preparation for a successful career INSEAD graduates do not just offer recruiters the latest business insights.

They bring stamina, teamwork, entrepreneurialism, organisational skills and effectiveness in the face of pressure to the companies they join. At INSEAD we develop the capacity to master a large amount of material in a short period of time. In this high-pressure environment, we foster collaborative skills through group work in diverse teams.

•

The one-year programme provides in-depth knowledge of conceptual models and analytical tools in Accounting, Entrepreneurship, Economics, Finance, Marketing, Organisational Behaviour and Strategy.

Dual-Degree Programme between INSEAD and the John Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) The INSEAD-SAIS Dual-Degree Programme, launched in 2011, prepares students for careers that combine international relations and business administration. Students admitted to both programmes are able to complete the two degrees in two and a half years, instead of three years required to complete the degrees separately, by spending one and a half years at SAIS and one year at INSEAD.

70%

of participants transfer between campuses during the year The top five nationalities make up

<39%

of total participants The top five destinations make up

<47%

of total destinations Participants speak

3+ languages on graduation

INSEAD MBA Graduates 2013

05

Profile of 2013

INSEAD MBA graduates

Total number of MBA graduates 1016

Gender

Work Experience

Age

Female 34% Male 66%

< 26 years 26 - 28 years 29 – 31 years > 31 years

5% 42% 40% 13%

1 – 2 years 3 – 5 years 5 – 7 years > 7 years

6% 33% 38% 23%

Education

Nationality Africa / Near / Middle East Asia Pacific Central / Eastern Europe Latin America North America Northern Europe Southern Europe Western Europe

06

Average Work Experience 5 – 6 Years

Average Age 29 Years

10% 30% 7% 5% 15% 1% 10% 22%

INSEAD MBA Graduates 2013

Business / Administration 29% Economics 13% Engineering 28% Humanities & Arts 6% Media & Communication 1% Law / Political Sciences 7% Sciences 14% Other 2%

INSEAD MBA Graduates 2013

07

Full-time jobs and compensation trends Of the 1016 participants in the two classes that completed the INSEAD MBA programme in July and December 2013, 915 (90%) responded to the Career Development Centre survey and 15 reported not having started their job search.

Of these 900 graduates actively looking for a job, 857 (95%) reported having received at least one job offer by March 2014, 808 (90%) gave us details of their career decision and 544 (60%) reported full salary information, on which the salaries section of the following report is based.

jobs by sector group 2013

How did they find their job?

INSEAD facilitated activities # % Career Development Centre / Alumni network

413

51%

Summer job

33

4%

Pre-INSEAD employer

157

19%

Own contacts

167

21%

Creating own company

38

5%

Total

808

100%

Graduate facilitated activities

Sectors: 2013

Consulting 34% Financial Services 17% Consumer / Luxury Goods 11% High-Tech / 11% Telecommunications Manufacturing 7% Energy 4% Healthcare 4% Public Sector / Social Impact 3% Travel Leisure Services 2% Primary Industries 2% Media & Entertainment 2% Corporate Services 1% Construction 1% Advertising & Publishing 0.5% Transportation 0.5%

jobs by function 2013

Consulting 34% Finance 17% Corporate Sectors 49%

Sectors: comparison over 5 years 2013

34%

2012

41%

2011

39%

2010

44%

2009

39%

17% 14%

45%

23% 20% 17%

Consulting 08

49%

Finance

Corporate Sectors

INSEAD MBA Graduates 2013

Consulting 38% Finance 15% Corporate Planning / 13% Business Development General Management 11% Marketing / Sales 9% Other* 5% Production / 4% Operations Management Rotational Programmes 3% Technology Management 2% *includes: Accounting & Control, Communications/ PR, Human Resources Management, Legal, Logistics & Purchasing, Medical, Project Management, Research & Development.

38% 36% 44%

Disclaimer: The information included in this report was provided by both MBA graduates and recruiters and has not been independently verified. INSEAD Career Development Centre gives no guarantee as to its accuracy.

INSEAD MBA Graduates 2013

09

Job Locations INSEAD continues to open doors all over the world. In 2013, 64 countries – even more than last year – recruited the school’s MBA graduates.

In particular, 2013 saw a strengthening of recruitment to Western Europe – rising to 38% of the two graduating classes from 34% last year. The UK accounted for a significant 37% of this region’s jobs, reflecting the British economy’s return to growth and the partial recovery of the finance sector. Similarly, North America accounted for 11% of jobs, compared to 9% last year.

Although Asia Pacific remains the second most popular region, for the first time in several years, there was a slight fall in the numbers of students joining organisations there – down to 27% from 29% in 2012. The most significant decreases were in Hong Kong and India.

Singapore, as ever, remains the top destination in Asia Pacific, thanks to the presence of INSEAD’s Asia Campus and its still-strong economy.

Region Africa / Near / Middle East Asia Pacific Central / Eastern Europe Latin America North America Northern Europe Southern Europe Western Europe

9% 27% 4% 4% 11% 2% 5% 38%

Within Southern Europe there were strong fluctuations. The percentage of students recruited to Spain fell sharply, but the numbers working in Italy rose considerably, leaving the region as a whole stable compared to last year.

Within Africa and the Near/Middle East, it was encouraging to note a wider spread of countries – including Egypt, Ethiopia, Kuwait, Swaziland and Zambia.

Nevertheless, the UAE still dominates recruitment to the Middle East, with South Africa also remaining a favourite destination.

INSEAD continues to open doors all over the world 10

INSEAD MBA Graduates 2013

INSEAD MBA Graduates 2013

11

Career Changes

Region or country changes Nationalities: who stays home and who goes abroad (1) Total: 807

The appetite for career change remains strong among our graduates. Around 84% of 2013 graduates switched country of work, sector or functional area, thanks to attending INSEAD, while an extraordinary 25% of the entire group succeeded in changing all three of these parameters.

It is difficult to discern long-term patterns in career change. In todayâ&#x20AC;&#x2122;s demanding world economy employers expect new members to add value on Day 1. The wide range of talent that INSEAD students bring means that they are sought after by many sectors for this value. One such example is the move to internal consultancy roles within a wide range of companies to complement the positions in traditional professional service firms.

With respect to short-term trends, Latin Americans were among this yearâ&#x20AC;&#x2122;s most enthusiastic expats, whereas in 2012 almost all of our Brazilian graduates returned home. We remain vigilant to the global trends this may indicate as Latin American economies continue to mature.

An appetite for change 84% 674 changed sector or country or function 25% 201 changed all 3 dimensions 60% 483 changed country 43% 344 changed sector 65% 522 changed function

12

INSEAD MBA Graduates 2013

Regions

#

Home

Latin America

57

37%

63%

Northern Europe

12

42%

58%

North America

110

43%

57%

Southern Europe

84

44%

56%

Central / Eastern Europe

62

47%

53%

Africa / Near / Middle East

86

65%

35%

Asia Pacific

222

68%

32%

Western Europe

174

75%

25%

Nationalities

#

Bulgarian

13

8%

92%

Indian

85

15%

85%

Changes of Business Sector Before INSEAD Former Consultants

9% 35%

Within selected nationalities*

56%

Former Finance Professionals

25%

Abroad

42%

33%

Former Corporate Sector Professionals

9% 25% 66%*

After INSEAD Finance Corporate Sectors Consulting

*includes nationalities with more than 10 participants (1)

For the list of countries per region, please refer to pages 46, 47 and 48

Home

Abroad

Lebanese

33

15%

85%

Australian

15

33%

67%

American

73

36%

64%

Israeli

11

36%

64%

Portuguese

22

36%

64%

Belgian

16

37%

63%

Spanish

19

37%

63%

Canadian

37

40%

60%

French

54

41%

59%

Chinese

43

46%

54%

Italian

30

50%

50%

Brazilian

28

57%

43%

British

35

57%

43%

German

31

61%

39%

Dutch

27

63%

37%

Japanese

12

67%

33%

Russian

16

75%

25%

Swiss

16

75%

25%

Singaporean

24

87%

13%

*Of 253 participants who remained in corporate sectors, 32% (80) stayed in the same sector of industry, while 68% (173) opted for a change.

INSEAD MBA Graduates 2013

13

Compensation trends by region and country Overall, after a slight increase in mean and median salaries in 2012, salaries and sign-on bonuses were back to 2011 levels in 2013. This small decrease was evident in most regions – except in North America, where salaries rose, and Latin America and Northern Europe, where the decline was more marked.

By country in local currency*

# Range

in other regions, there is perhaps surprising consistency in post-graduation starting salaries across the world.

The range of salaries – between €21,150 and €298,000 – was even greater than in previous years, reflecting the vast range of countries, sectors and roles where INSEAD graduates accept jobs.

Nevertheless, although the mean and median are lower in Southern Europe, Latin America and Asia Pacific than

Overall Annual Mean Salary

Overall Annual Median Salary

Overall Annual Median Sign-on bonus*

€86,600

€85,700

€16,200

*61% of salaries overall reported with sign-on bonus

By Region*

# Range € Mean € Median €

Africa / Near / Middle East 50 51,500 – 139,300 81,900 85,700 Asia Pacific 136 21,150 – 202,600 78,200 81,900 Central / Eastern Europe 24 47,200 – 120,400 87,100 91,800 Latin America 31 33,900 – 178,000 75,700 75,000 North America 54 44,700 – 186,200 98,600 97,900 Northern Europe 10 70,500 – 154,000 97,900 91,900 Southern Europe 30 55,000 – 123,000 75,100 73,500 Western Europe 209 45,000 – 298,000 92,800 89,000 Total 544 * where at least 5 salaries were reported **where at least 5 sign-on bonuses were reported 14

INSEAD MBA Graduates 2013

Sign-on Bonus (%) 64% 62% 58% 77% 63% 60% 53% 57%

Median €** Sign on 15,100 12,400 25,500 18,100 18,600 9,000 14,000 17,700

Mean Median

Sign-on Median Bonus (%) Sign-on**

Australia (AUS$) Belgium (€) Brazil (Real) Canada (CDN$) China (Renminbi) France (€) Germany (€) Hong Kong (HK$) India (Rupee) Italy (€) Japan (Yen) Korea (Won) Norway (Krone) Russia (Rouble) Singapore (SG$) South Africa (Rand) Spain (€) Switzerland (SFr) The Netherlands (€) UAE (Dirham) United Kingdom (£)

11 8 21 11 12 36 30 8 8 13 11 14 5 14 56 9 10 37 15 25 68

129,000 – 200,000 72,600 – 90,000 104,000 – 546,000 62,600 – 170,000 276,000 – 950,000 55,000 – 143,000 75,000 – 135,000 630,000 – 1,220,000 1,800,000 – 9,100,300 65,000 – 85,000 7,760,000 – 18,000,000 52,000,000 – 120,000,000 590,000 – 950,000 2,760,000 – 5,280,000 60,000 – 200,800 800,000 – 1,058,400 65,000 – 110,000 55,400 – 240,000 65,200 – 200,000 254,200 – 585,000 46,000 – 252,600

150,700 82,600 239,200 128,700 714,100 84,600 96,500 910,500 3,659,200 74,000 11,977,400 109,321,500 821,000 4,100,300 125,400 898,500 76,700 129,800 92,600 416,300 77,700

148,500 81,500 230,000 138,700 799,800 82,800 96,000 897,500 3,020,000 70,000 11,000,000 117,055,700 840,000 4,166,700 120,000 850,000 75,000 126,000 89,000 422,400 73,000

54% 50% 81% 45% 67% 61% 57% 62% 75% 69% 73% 93% 60% 79% 52% 44% 50% 51% 40% 80% 59%

20,000 53,000 25,000 151,900 10,000 20,000 200,000 5,000,000 15,000 2,000,000 37,245,000 1,140,350 15,000 173,500 15,000 17,850 20,000 95,900 15,250

USA (US$)

43

80,000 – 250,000

134,600

130,000

67%

25,000

Total

465

How salaries have evolved: Comparison over 5 years in local currency (median salary)

Brazil (Real) France (€) Germany (€) Singapore (SG$) Switzerland (SFr) United Kingdom (£) USA (US$)

2013 230,000 82,800 96,000 120,000 126,000 73,000 130,000

2012 2011 227,000 220,300 85,000 85,000 90,600 95,000 135,000 142,000 136,000 135,000 74,000 73,000 122,000 125,000

2010 2009 220,600 210,000 80,000 81,000 90,000 92,750 147,500 140,000 132,800 145,000 70,000 65,000 125,000 120,000

Exchange Rates The exchange rates used to compile the tables above are given below.

Currency Australia (AUS$) Brazil (Real) Canada (CDN$) China (Renminbi) Hong Kong (HK$) India (Rupee)

2012 per € * 1,4573 3,0586 1,4017 8,2463 10,401 83,143

Currency Japan (Yen) Korea (Won) Norway (Krone) Russia (Rouble) Singapore (SG$) South Africa (Rand)

2012 per € * 133,79 1452,94 8,0868 43,8184 1,6896 13,5014

Currency Switzerland (SFr) UAE (Dirham) United Kingdom (£) USA (US$)

2012 per € * 1,2316 4,9305 0,8477 1,3426

*Source: Oanda.com (average exchange rate 01/07/2013 - 31/12/2013) INSEAD MBA Graduates 2013

15

Corporate Sectors All Corporate Sectors

The long-term trend towards corporate careers accelerated in 2013, with almost a half (49%) of all INSEAD graduates joining this sector, compared to 45% in 2012 and 38% in 2011.

This year there was particularly strong interest in the Internet, software and e-commerce employers from INSEAD graduates â&#x20AC;&#x201C; and vice versa. This again reflects the growing needs of businesses for data savvy talent. Notably, the percentage of offers accepted in this sector was also up on previous years.

Technology salaries increased significantly in 2013, with the median rising by more than 11% on 2012, as did media salaries, where the median increased by 10%. Meanwhile, median salaries in consumer goods and retail remained stable.

It was also interesting to note that several companies in the consumer goods, retail and technology sub-sectors crossed the threshold of three hires in

16

INSEAD MBA Graduates 2013

2013, suggesting that they are building long-term relationships with INSEAD and that previous appointments have proven successful. In addition, we took great interest in the increased hiring of internal consultants by the corporate sectors and are curious to see whether this trend will continue next year.

Geographically, Western Europe saw the greatest growth in recruitment to the corporate sectors. In 2013, this region accounted for 40% of appointments, as opposed to just 34% in 2012.

How did they find their job?

INSEAD facilitated activities # % Career Development Centre / Alumni network

210

53%

Summer job

15

4%

Pre-INSEAD employer

44

11%

Own contacts

101

25%

Creating own company

26

7%

Total

396

100%

Graduate facilitated activities

Advertising / Publishing 1% Construction 2% Consumer & Luxury Goods 22% Corporate Services 3% Energy / Petroleum 9% Healthcare 8% High-Tech / Telecommunications 23% Manufacturing* 15% Media / Entertainment 3% Primary Industries 4% Public Sector / Social Impact 5% Transportation 1% Travel / Leisure Services 4% * includes Automotive, Electrical/Electronic Manufacturing, Miscellaneous Manufacturing Products, Shipbuilding.

Top functional Areas Total: 384 (97% of total Corporate Sectors) Consulting 9% Corporate Planning / 23% Business Development Finance 8% General Management 19% Legal 1% Marketing / Sales 18% Production / 6% Operations Management Project Management 2% Research & Development 2% Rotational Programmes 6% Technology Management 3%

INSEAD MBA Graduates 2013

17

Corporate Sectors

By Region Africa / Near / Middle East Asia Pacific Central / Eastern Europe Latin America North America Northern Europe Southern Europe Western Europe

7% 33% 2% 1% 11% 2% 4% 40%

Within Asia Pacific

China 9% India 5% Japan 6% Korea 14% Singapore 49% Other* 17% *includes countries where fewer than 5 jobs were reported: Australia, Hong Kong, Indonesia, Malaysia, Myanmar, Pakistan, Taiwan, Thailand and Vietnam.

Within Europe Belgium 5% France 21% Germany 15% Luxembourg 7% Switzerland 15% The Netherlands 3% United Kingdom 31% Other* 3% *includes countries where fewer than 5 jobs were reported: Austria, Ireland and Liechtenstein.

18

INSEAD MBA Graduates 2013

INSEAD MBA Graduates 2013

19

Corporate Sector salaries and sign-on bonuses by region and country

By Region*

Overall Annual Mean Salary

Overall Annual Median Salary

Overall Annual Median Sign-on bonus*

€84,100

€82,500

€12,000

*55% of corporate sector salaries were reported with sign-on bonus

By sector*

# Range € Mean € Median €

Advertising & Publishing 5 70,000 – 110,700 87,100 82,600 Construction 6 53,600 – 97,500 81,400 83,400 Consumer & Luxury Goods 80 33,400 – 154,000 79,300 81,900 Corporate Services 8 66,500 – 194, 800 117,000 99,200 Energy / Petroleum 25 34,800 – 139,300 83,600 85,600 Healthcare 18 21,600 – 136,400 80,500 80,100 High-Tech / Telecommunications 58 31,200 – 202,600 82,100 81,750 Manufacturing 26 42,600 – 200,000 91,100 87,600 Media / Entertainment 7 50,300 – 117,400 75,700 71,000 Primary Industries 10 21,150 – 167,600 91,000 89,300 Public Sector / Social Impact 10 65,100 – 178,000 101,100 98,600 Travel / Leisure Services 10 62,000 – 101,500 77,500 76,700

Sign-on Bonus (%) 20% 50% 69% 25% 36% 44% 57% 69% 29% 40% 40% 70%

Median Sign on €** 20,000 9,200 19,100 8,900 14,900 8,900

Total 263

By top function*

# Range € Mean € Median €

Sign-on Bonus (%)

Median Sign on €**

Consulting Corporate Planning / Business Development Finance General Management Marketing / Sales Production / Operations Management Research & Development Rotational Programmes Technology Management

27

55,200 – 154,000 84,400

81,900

67%

20,300

60 15 43 54

21,150 – 167,600 50,000 – 119,900 42,600 – 200,000 31,200 – 143,000

82,400 84,900 88,500 79,900

82,300 83,400 82,600 79,500

55% 67% 30% 54%

12,200 10,900 12,000 8,100

14 7 21 10

47,500 – 105,500 53,600 – 95,000 53,200 – 122,600 42,600 – 126,600

74,400 74,400 84,800 88,200

70,500 74,500 85,000 89,700

93% 86% 62% 50%

8,900 12,500 25,000 24,200

# Range € Mean € Median €

Africa / Near / Middle East 17 53,600 – 139,300 80,000 74,500 Asia Pacific 82 21,150 – 202,600 74,600 74,800 Eastern Europe 6 47,200 – 120,400 75,600 72,500 Latin America 5 33,900 – 178,000 72,000 47,500 North America 27 59,600 – 186,200 94,800 89,400 Northern Europe 8 70,500 – 154,000 99,000 91,900 Southern Europe 9 65,000 – 123,000 78,300 75,000 Western Europe 111 45,000 – 200,000 89,400 86,100 Total 265

Sign-on Bonus (%) 29% 59% 50% 40% 48% 50% 67% 59%

Median Sign on €** 14,900 9,300 18,600 14,400 15,000

Sign-on Bonus (%) 65% 62% 60% 45% 55%

Median Sign on €** 10,000 16,500 14,500 18,900

Sign-on Bonus (%) 40% 71% 92% 56%

Median Sign on €** 15,000 27,900 8,900

# Range € Mean € Median €

Sign-on Bonus (%)

Median Sign on €**

United Arab Emirates Total

50%

-

Within Europe*

# Range € Mean € Median €

France 26 55,000 – 143,000 83,200 78,500 Germany 16 75,000 – 135,000 96,600 94,500 Sweden 5 70,500 – 154,000 94,400 81,500 Switzerland 20 45,000 – 194,800 102,200 99,400 United Kingdom 29 64,900 – 100,200 82,900 82,600 Total 96

Within Asia Pacific*

# Range € Mean € Median €

China 5 33,400 – 115,000 76,300 78,700 Japan 7 58,200 – 97,500 80,600 82,500 Korea 13 36,400 – 81,900 75,950 81,900 Singapore 41 35,500 – 110,700 73,200 71,000 Total 66

Within Africa / Near / Middle East *

6 6

53,600 – 89,400

75,900

77,800

Within North America*

Total 251

# Range € Mean € Median €

Sign-on Bonus (%)

Median Sign on €**

* where at least 5 salaries were reported **where at least 5 sign-on bonuses were reported

United States Total

57%

18,600

20

INSEAD MBA Graduates 2013

23 59,600 – 186,200 23

95,000

89,400

INSEAD MBA Graduates 2013

21

Consulting Consulting continues to be a very attractive sector for INSEAD students, despite the fall in numbers hired (from 41% of graduates in 2012 to 34% in 2013). Much of this decrease is due to a reduction in students who are sponsored by their firms (-21%).

Across the sector, there was a small decrease of the base salaries, but sign-on bonuses remain at around the same level as in 2012. 73% of consulting jobs come with sign-on bonuses â&#x20AC;&#x201C; far higher than any other sector.

Within Europe

How did they find their job?

INSEAD facilitated activities

#

%

Career Development Centre / Alumni network

149

55%

Summer job

9

3%

Pre-INSEAD employer

99

37%

Own contacts

14

5%

Creating own company

-

-

Total

271 100%

Graduate facilitated activities

Geographically, North America and Switzerland offer by far the highest consulting salaries and India the lowest.

We have observed a particular interest from the consulting firms to recruit talents with local language skills and knowledge of the local markets to better respond to the demand of their clients.

Although the number of students joining the consulting sector in Asia Pacific remains strong and slightly better than 2012, this factor may have influenced students to consider other locations like Western Europe.

Another factor in this yearâ&#x20AC;&#x2122;s decline in consulting recruitment is probably the resurgence of finance and the increasing number of corporate-sector employers that offer attractive rotational programmes or internal consulting opportunities for MBA graduates.

22

INSEAD MBA Graduates 2013

France 11% Germany 12% Italy 7% Russia 8% Spain 6% Switzerland 8% The Netherlands 11% United Kingdom 21% Other* 16% *includes countries where fewer than 5 jobs were reported: Austria, Belgium, Denmark, Georgia, Hungary, Norway, Poland, Portugal, Romania, Sweden and Ukraine.

Within Asia Pacific Australia 20% China 20% India 14% Singapore 16% Other* 30% *includes countries where fewer than 5 jobs were reported: Hong Kong, Indonesia, Japan, Korea, Malaysia, New Zealand, Taiwan and Thailand.

By Region

Africa / Near / Middle East Asia Pacific Central / Eastern Europe Latin America North America Northern Europe Southern Europe Western Europe

14% 18% 7% 7% 11% 2% 8% 33%

Within Africa / Near / Middle East Lebanon 13% United Arab Emirates 68% Other* 19% *includes countries where fewer than 5 jobs were reported: Israel, Morocco, Saudi Arabia and South Africa.

INSEAD MBA Graduates 2013

23

Consulting salaries and sign-on bonuses by region and country Overall Annual Mean Salary

Overall Annual Median Salary

Overall Annual Median Sign-on bonus*

€89,600

€89,200

€17,800

*73% of consulting salaries were reported with sign-on bonuses

By Region*

# Range € Mean € Median €

Africa / Near / Middle East 28 51,500 – 118,600 84,500 85,700 Asia Pacific 33 33,300 – 120,000 85,300 89,200 Central / Eastern Europe 15 70,000 – 111,700 91,500 95,000 Latin America 19 51,600 – 119,000 79,300 78,200 North America 20 96,300 – 163,900 110,700 100,600 Southern Europe 19 55,000 – 110,000 73,100 70,000 Western Europe 65 54,300 – 133,300 94,800 92,000

Sign-on Bonus (%) 89% 85% 67% 100% 95% 47% 54%

Median Sign on €** 15,600 13,900 38,000 17,300 18,600 13,000 17,700

Sign-on Bonus (%) 75% 100% 100% 100% 56% 46% 62% 100% 87% 80% 37% 40% 54% 88% 63% 93%

Median Sign on €** 13,700 16,800 17,800 18,400 20,000 20,000 15,000 6,000 50,000 20,000 33,500 17,700 18,600

Total 199

Within Selected Countries*

# Range € Mean € Median €

Australia 8 88,500 – 109,800 95,700 92,650 Brazil 14 51,600 – 119,000 77,800 76,300 Canada 5 96,300 – 121,300 104,000 99,900 China 6 96,800 – 100,800 99,400 100,600 France 9 55,000 – 98,000 84,800 85,700 Germany 13 80,000 – 105,000 96,000 97,000 Italy 8 70,000 – 80,000 73,350 70,000 India 5 33,600 – 109,000 52,700 41,400 Russia 8 93,500 – 105,000 96,950 95,050 Singapore 5 71,000 – 118,700 87,600 85,800 Spain 8 65,000 – 110,000 77,100 74,500 Switzerland 10 109,600 – 118,500 113,200 113,600 The Netherlands 11 75,000 – 100,000 88,400 89,000 United Arab Emirates 17 51,500 – 118,600 87,000 85,700 United Kingdom 19 54,300 – 133,300 95,200 88,500 USA 15 100,600 – 163,900 113,000 100,600 Total 161 * where at least 5 salaries were reported **where at least 5 sign-on bonuses were reported

24

INSEAD MBA Graduates 2013

INSEAD MBA Graduates 2013

25

Finance How did they find their job?

By Region

INSEAD facilitated activities #

%

Career Development Centre / Alumni network

54

39%

Summer job

9

7%

Pre-INSEAD employer

14

10%

Own contacts

51

37%

Creating own company

9

7%

Total

137

100%

Graduate facilitated activities

After last year’s all time low in finance hiring (14% of jobs), we were pleased to see an upturn in 2013 to 17%. Even more positively, the picture within the sector seems more balanced, with less reliance on investment banking, increased recruitment by venture capital and private equity (traditionally viewed as difficult for MBA graduates to enter immediately following graduation) and a new vogue for real estate careers.

In terms of job descriptions, internal consulting and company-wide strategy roles increased sharply in 2013. Western Europe remains the most popular destination for finance recruits at 41% of the total, but it is also pleasing to see more graduates heading for Africa and the Near/Middle East (9% in 2013 compared to 6% in 2012) and Central/Eastern Europe (4% of finance appointments – up from 1% last year).

Salaries rose sharply in Western Europe, with the median rising to €94,400 from €87,500 in 2012. There was an even steeper increase in Asia Pacific, where the median rose to €88,700 from €76,300 last year.

26

INSEAD MBA Graduates 2013

Africa / Near / Middle East Asia Pacific Central / Eastern Europe Latin America North America Southern Europe Western Europe

9% 27% 4% 6% 11% 2% 41%

By sub-sector

12%

13% 7% 13%

21% 34%

Asset Management Financial Services Investment Banking

Private Equity Real Estate Venture Capital

Within Europe Switzerland 18% United Kingdom 55% Other* 27% *includes countries where fewer than 5 jobs were reported: Austria, Belgium, France, Germany, Ireland, Italy, Latvia, Portugal, Russia, Turkey and Ukraine.

By top job title

15%

6%

9%

34%

21% Analyst Associate Consultant Manager / Investment Manager Vice President Director / Executive

15%

Within Asia Pacific Hong Kong 16% Singapore 54% Other* 30% *includes countries where fewer than 5 jobs were reported: Australia, China, India, Indonesia, Japan, Pakistan and Thailand.

INSEAD MBA Graduates 2013

27

Finance salaries and sign-on bonuses by region and country

By Region*

# Range € Mean € Median €

Africa / Near / Middle East 5 55,900 – 115,000 73,800 60,800 Asia Pacific 21 29,800 – 137,300 81,100 88,700 Latin America 7 44,700 – 114,100 68,500 60,400 North America 7 44,700 – 111,700 78,300 74,500 Western Europe 33 74,950 – 298,000 100,500 94,400

Sign-on Bonus (%) 40% 43% 43% 29% 61%

Median Sign on €** 18,600 24,300

Sign-on Bonus (%) 86% 60%

Median Sign on €** 9,500 26,800

# Range € Mean € Median €

Hong Kong 5 74,400 – 117,100 98,200 104,300

Sign-on Bonus (%) 60%

Median Sign on €** -

Singapore Total

20%

-

# Range € Mean € Median €

Sign-on Bonus (%)

Median Sign on €**

United States Total

40%

-

Total

73

Within Europe*

Overall Annual Mean Salary

Overall Annual Median Salary

Overall Annual Median Sign-on bonus*

# Range € Mean € Median €

Switzerland 7 97,400 – 121,800 103,200 101,500 United Kingdom 20 74,950 – 298,000 101,100 86,700 Total 27

€87,700

€86,000

€18,800

Within Asia Pacific*

*49% of finance salaries were reported with sign-on bonus

By division*

# Range € Mean € Median €

Asset Management 11 29,800 – 118,500 76,800 88,900 Financial Services 14 35,500 – 105,500 83,400 89,400 Investment Banking 31 44,700 – 137,300 83,700 76,700 Private Equity 6 78,200 – 135,000 102,700 102,800 Venture Capital 12 77,800 – 298,000 112,300 91,000 Total

Sign-on Bonus (%) 55% 71% 55% 17% 33%

Median Sign on €** 16,700 9,800 26,100 -

Sign-on Bonus (%) 55% 64% 47% - 40%

Median Sign on €** 26,500 8,900 18,600 -

74

10 35,500 – 118,300 15

71,100

71,600

Within North America*

5 5

74,500 – 111,700

86,400

81,900

By top job title*

# Range € Mean € Median €

Associate 31 42,600 – 120,000 81,800 78,200 Consultant 11 29,800 – 105,600 82,800 92,300 Manager / Investment Manager 15 42,600 – 118,500 83,000 78,750 Vice President 7 53,200 – 298,000 108,500 81,900 Director / Executive 10 35,500 – 147,400 98,500 93,400 Total

28

* where at least 5 salaries were reported **where at least 5 sign-on bonuses were reported

74

INSEAD MBA Graduates 2013

INSEAD MBA Graduates 2013

29

Employers of 2013 INSEAD MBA graduates

The Corporate Associate Programme

Top Employers

The INSEAD Corporate Associate Programme engages organisations who participate in advancing the school’s mission through contributions in support of research, the Career Development Centre, student life activities and institutional events.

We would like to highlight those employers who recruited the highest number of INSEAD graduates in 2013 and thank them for their continued support.

2013 Hires

2013 Hires

McKinsey & Company

108 (45)

HSBC 4

The Boston Consulting Group

42 (14)

Syngenta 4

Bain & Company

39

Unilever 4

(11)

Amazon 36

3M 3

Microsoft

18

(1)

Strategy& (formerly Booz & Company)

17 (13)

American Express

3

Boston Scientific

3

Criteo 3

Samsung 17

EF Education

Google

12 (1)

Ericsson 3

Accenture

10 (2)

GlaxoSmithKline 3

A.T. Kearney

9

Goldman Sachs International

3

PriceWaterhouseCoopers

8 (1)

Hilti Corporation

3

Roland Berger Strategy Consultants 8

(3) (4)

3

PayPal 3

Zurich Insurance ICON

8

Schneider Electric

Burger King

7

Tchibo 3

Danaher 7

3

Turbosail 3

Partnering with INSEAD opens the door to unique opportunities for organisations seeking visibility and impact at “The Business School for the World”©.

Corporate associates enjoy benefits built upon the school’s international presence, its unique global view and its entrepreneurial roots. These include: Tapping into global talent Aimed specifically at recruiters who look to our 1,200+ MBA and EMBA students as a source of talent Powerful presence Enhanced visibility for organisations, whose brand will be displayed across INSEAD’s communication platforms Learning horizons Access to world class academic content, through the LiVE webinars series and INSEAD Knowledge newsletter

The Corporate Relations team provides a central point of contact and continuity for organisations who seek to engage with the school, its faculty and talent through the INSEAD Corporate Associate Programme. The team provides associates with an overview of schoolwide activities across its three campuses.

Remaining close to business is central to INSEAD’s values. Our corporate associates not only provide essential funding for innovative projects, they also join a global community that helps the school fulfil its mission to be “The Business School for the World”©.

INSEAD thanks our 2012/2013 corporate associates for their support!

Accenture A.T. Kearney Bain & Company Citi Deutsche Bank Egon Zehnder Firmenich Goldman Sachs McKinsey & Company Novartis Olayan Financing Company Philip Morris International Robert Bosch Roland Berger Strategy Consultants Strategy& (Formerly Booz & Company) The Boston Consulting Group WPP

Deloitte

7

(4)

Apple

6

(1)

BP Group

6

Credit Suisse

6

L.E.K. Consulting

6

(1)

Oliver Wyman 6 Siemens 6

(4)

Networking opportunities Privileged sponsorship and networking opportunities with students, faculty, alumni and business leaders

(1)

For further information, please contact our Corporate Relations team:

Numbers in brackets are former employees returning to the organization after graduation.

Citi 5 GE

5

Shell International

5

Facebook

4

Fast Retailing 4

30

INSEAD MBA Graduates 2013

Hilde Deschoemaeker hilde.deschoemaeker@insead.edu Tel:+ 33 1 60 72 90 54

Perrine Wyplosz perrine.wyplosz@insead.edu Tel:+ 33 1 60 72 43 54 INSEAD MBA Graduates 2013

31

2013 Recruiting Companies Companies in bold recruited at least three MBA graduates in 2013.

Companies marked * participated in on-campus recruiting activities

10 Minutes With * 2+Capital 3 Seas Capital Partners 3M * 8 Miles 8Villages *

#

A

A.T. Kearney * Abbott * Abu Dhabi Investment Authority Accenture * Actis * ACWA Power Adipurna Aditya Birla Group * Admiral Group plc * Advisory Board Company ADZ * Africa Finance Corporation African Development Bank * Agoda Airbnb * Akershus University Hospital Alghanim AlixPartners * Allan Gray Ltd Allianz ALOHA.com AltEquity LLC Amazon * American Express * Amphenol Corporation * Amreli Steels Limited Anchanto * ANZ Bank * Apple * AppNexus Arcadia Partners Ltd

32

Ariston Thermo Group * Ask The MBAs * AstraZeneca Audi Capital Aurega Energy Management Avon * Aztec Money

B

Baglio di Pianetto Bain & Company * Banco de Credito del Peru Bank of America Merrill Lynch * Barclays Barclays Capital * Baxter International Inc. * Bayer * BBureau Becton, Dickinson & Company * Beringea Bertelsmann * Blablacar BlackRock Blackstone Advisory Partners * BMW Korea BOL.com BoP Hub * Boston Scientific Boubyan Petrochemicals Box Upon a Time BP Group * Bregal Capital British Telecom * BTC (Bassam Trading Company) BTG Pactual Bubble Motion * Bubbly * Burger King *

INSEAD MBA Graduates 2013

BUTEC s.a.l.

Canary Systems Cantor Fitzgerald L.P./BCG Partners Capital Group * Cargill * CBRE Celgene CH2M HILL Chandler Corporation Checkout Christie’s Citi * Citi Foundation * ClubGecko * Coesia * Coles ConsciousLab Cooking Sun Cornerstone CPPIB * Creador Credit Suisse * Criteo * Crosby Capital Private Limited Crowdonomic ctrl QS GmbH Curtis, Mallet-Prevost, Colt & Mosle LLP Da Vinci Capital Management Dalberg Global Development Advisors Damen Shipyards Group Danaher * Danone * Dell *

C

D

Deloitte * Delta Partners * DeNA Deutsche Bank Development Partners International DFS * DHL Diageo Diverseo * Dixons Retail plc DN Capital DNV GL Doktor Ryadom Double Effect * Dow Chemical * Dragon & Friends Dragon Wealth Asia Dream Incubator * E.ON * Eaglestone Asset Management Easy Taxi (Rocket Intranet) Eaton Corporation * Eavex Capital eBay ED&F Man EDB Investment Edelforge Private Limited Eden Partnerships Management EDF Energies Nouvelles EDP Energias de Portugal EF Education * Electrolux Eli Lilly * Emerson * Emirates Airline Group EPIC Companies * Ericsson * ERM ESM (European Stability Mechanism) * Essilor * Eventbrite * Everything Everywhere

Evonik ExxonMobil EY

GSF Accelerator Gucci Guidewire Gumbaya *

F

E

Facebook FactSet Falabella Fast Retailing Fastacash Ferma Drobiu Popowo Fidelity Management & Research Company * Fidelity Worldwide Investment * First Reserve Fit’n’Tasty FMC Technologies * Fonds Lorrain des Matériaux Foodpanda Fortress Fosun Four Seasons Hotels & Resorts Fragonard Perfumes Franke-Artemis Freshminds * Frog Design * Fundbox Gallup * Garland Capital Group Gazprom * GE * GE Energy * General Motors General Motors Treasury Center * Geolam AG GlaxoSmithKline * Goldman Sachs International * Google * Government of Singapore Investment Corporation Gravity Group Asia Ltd. Groupon * Grupo Boticario

G

Hannam & Partners Haworth * Healint Heineken Heritage Venture Partners Hewlett-Packard Hilti Corporation * Home Depot HSBC * HSBC Holdings Plc (Group strategy) * Hystra Consulting

H

I

i-Admin * IMS Health * Incubasia Ventures Index Ventures Inditex * Indra Business Consulting * IndUS Growth Partners Infineon * Infosys Lodestone * InMobi * Institut le Rosey Intel * International Family Office International Finance Corporation * Intersec Invermaster Iritech, Inc. Itaro Itau Unibanco * Jacana Partners Jaguar Land Rover * Jana * JD.com John Deere Asia * Johnson & Johnson * Jones Lang LaSalle

INSEAD MBA Graduates 2013

J

33

2013 Recruiting Companies

R

Rakuten Republic of Singapore Navy RKA Group Rocco Forte Hotels Roche * Rocket Internet Roland Berger Strategy Consultants * Rolls Royce Plc * Russian Chinese Investment Fund RWE Consulting *

Companies in bold recruited at least three MBA graduates in 2013.

Companies marked * participated in on-campus recruiting activities

JP Morgan *

K

KKR * Konga KPMG * L.E.K. Consulting * Lafarge * Lamudi Lazada * Lend Lease * Lexia Analytics Liberty Mutual * LinkedIn * Local Finance LogoGrab L’Oréal * Louis Vuitton Luxottica * LVMH *

L

M

Magpie Polymers * Manchester City FC Marakon * Marks & Spencer * Marr LLC Mastercard * Maybank * MBC McKinsey & Company * MediaCorp Medtronic * Mercer Consulting * Merck Sharp & Dohme (MSD) Metlife * Metro Michel Dyens & Co Microsoft * Millicom *

34

Millward Brown * Milvik (BIMA) Ministry of Manpower (Singapore) Minsheng Commercial Aviation Ltd. Mitsui E&P Australia Pty Ltd Monetary Authority of Singapore Moo.com Morgan Stanley * Move Me On * MRG Engenharia e Construção, SA MU Money MyLight Systems Alaska Energies Natura * Navis Nestlé * Nissan Motor Company * Noble Group Nokia Nomura * NonStop Games * Northern Ireland Co-Operations Overseas Nova Founders * Nova Reperta Novartis * Novozymes * NSN - Nokia Siemens Networks NUS Entrepreneurship Centre Nyetimber Ltd. Oaktree * OC&C Strategy Consultants

INSEAD MBA Graduates 2013

N

Oliver Wyman Ooredoo Opentable Opera Solutions * Optimizely Optum Oracle * Orbium

P

P6 Capital Limited Padova inmobiliaria Partners Group Partners in Performance * PayPal * Petronas Philip Morris International * Philips Philips Healthcare * PhoenixTV Group Pictet Pigeonlab * Pimco * Planorama Poledna Boss Kurer Attorneys at Law Pollenizer * Port Jackson Partners * Portuguese Government Pöyry Management Consulting PriceWaterhouseCoopers * Procter & Gamble PTT Chemical International * Qoros Auto QX Quarterly Crossing *

O

S

Q

Saint Gobain * Samsotech International Samsung * Sandvik Sanford C. Bernstein * Sanofi SATT Lutech * Sberbank Europe SCG Group Schibsted ASA Schindler * Schlumberger * Schneider Electric * SchulthessZimmermann Executive Search AG SewaBEATS * Shell International * Shiltron pvt ltd Siemens * SIFA Sika * SILA Singapore Management University SingTel Skyscanner * SmartGrains * Sociéte Générale Sodexo * Solera Solon Strategy Consulting * Sonae Sierra

Soros Economic Development Fund Source Logistic Springboard Investment Management Ltd Springlane St Jude Medical Standard Chartered Bank Starhill Partners, LLC State Secretariat for Economic Affairs Stratus Group Strategy& (formerly Booz & Company) Study Group Global Style Sage Suncor Energy Syngenta * Taboola TabSquare * Takeda Talent Soft * Tchibo * TD Securities TECOM Investments Telefonica Tempting Places * Tencent * Tessenderlo Group The Boston Consulting Group * The Dilawri Group The Estée Lauder Companies Inc. The Experiential Travel Company The Parthenon Group * theFrontdoor Thermopads Pvt Ltd-Thermogroup ToKTol * Total SA TripAdvisor Trusted Family Tumi Turbosail

T

U

Uber * Ubisoft * UBS UIAG Unicredit * Unilever * Unison Capital United Biscuits Upper Oakville Shopping Centre UPS Vale * Value Edge Research Value Partners * Venture Consulting Verbund Viagogo * Vodafone * Volkswagen Consulting

V

W

Waterland Private Equity What’s On India * Whirlpool Wildholidays.com * Willkie Farr & Gallagher LLP Wiztango * Wood Mackenzie * Woodside Holdings Investment Management World Economic Forum

X

Xilinx * XL Group YCH Group Zadaqa Zest Group Pte Zomato Media * Zouk Capital ZS Associates Zurich Insurance ICON

Z

Total: 440

INSEAD MBA Graduates 2013

35

Summer Internships 55% of our December 2013 class completed a summer internship, most of them relatively close to campus in Western Europe or Asia Pacific.

Venture capital and private equity also proved attractive to our students – with 6% and 4% of interns respectively.

In 2013, the number of organisations employing INSEAD students over the summer rose from 164 in 2012 to 188.

Salaries ranged from €64 a month for social impact work in India to €12,900 a month for consulting in Russia. This again reflects the diversity of our MBA graduates as well as the large spectrum of summer projects.

This year, the most popular sectors were (in order): consumer & luxury goods (16% of INSEAD interns); consulting (16%); high-tech/telecommunications (12%); investment banking (9%); and perhaps most notably public sector/ social impact (7%) – right up there with more traditional MBA career sectors.

By Region

Africa / Near / Middle East Asia Pacific North America Latin America Central / Eastern Europe Southern Europe Western Europe

6% 37% 5% 5% 4% 2% 41%

Within Europe

Belgium 4.5% France 18% Germany 7% Russia 4.5% Switzerland 7% The Netherlands 5% United Kingdom 40% Other* 14%

By Sector Total: 288 16% 16%

*includes countries where fewer than 5 jobs were reported: Austria, Bulgaria, Greece, Hungary, Ireland, Italy, Kazakhstan, Luxembourg, Poland, Portugal, Romania, Spain and Ukraine.

12% 9% 4% 2%

1%

1%

M an anu d f E act Pr nte uri im rta ng in ar m y en In d t Pr u iv str at e ies Eq ui ty Re Tr av a el Tran l Es /L sp tat ei e su orta re tio S n e Ve nt rvic ur e s e C ap ita l

pa

m

I al

i oc

ia

or

ed

Te

1.5% 1% 1.5%

ct

/ g ch ns kin Te tio Ban gh ica nt Hi un me m st m e co Inv le

6%

4% 4%

2%

M

Ad ve r

4%

1%

tis in As g / se Pu t M bl an ishi ng a C C gem on on su st ent m ru er & Co ctio n n L C or uxu sult po ry in ra G g o En te Se ods er rv gy ic Fi / na Pe es nc tro ia le l S um e He rvic al es th ca re

1%

7%

6%

ic

bl

Pu

S

t ec

/S

Within Asia Pacific

China 13% Hong Kong 7% India 9% Malaysia 5% Singapore 56% Other* 10% *includes countries where fewer than 5 jobs were reported: Indonesia, Japan, Korea, Kuwait, Pakistan, Philippines, Sri Lanka and Vietnam.

36

INSEAD MBA Graduates 2013

INSEAD MBA Graduates 2013

37

Summer Internships: monthly base salaries Overall Monthly Mean Salary

Overall Monthly Median Salary

€3,500

€2,800

By Sector*

Asset Management Consulting Consumer & Luxury Goods Energy / Petroleum Healthcare High-tech / Telecommunications Investment Banking Manufacturing Media & Entertainment Other Finance Primary Industry Private Equity Public Sector / Social Impact Travel / Leisure Services Venture Capital

# 6 41 38 10 16 32 23 10 4 5 13 9 9 4 15

Range € 1,100 – 7,000 300 – 12,900 300 – 6,000 500 – 6,200 1,700 – 5,000 300 – 5,600 700 – 8,350 500 – 6,000 500 – 2,400 900 – 5,000 400 – 2,800 1,700 – 7,800 64 – 4,500 300 – 1,250 300 – 5,200

Median € 6,100 7,000 3,000 3,000 3,300 2,100 6,000 4,300 1,500 2,500 1,800 3,600 1,650 800 800

Brazil China France Germany Hong Kong India Malaysia Nigeria Russian Federation Singapore Switzerland The Netherlands United Arab Emirates United Kingdom

# 8 12 20 9 5 7 5 5 5 57 9 7 7 47

Range € 1,300 – 6,900 300 – 7,700 300 – 6,000 1,200 – 7,500 390 – 6,300 64 – 5,000 400 – 5,700 800 – 3,000 2,600 – 12,900 600 – 8,350 2,800 – 7,300 300 – 6,200 600 – 8,200 300 – 9,200

Median € 4,500 2,700 1,600 3,700 1,000 500 400 3,000 8,250 2,100 4,900 4,500 1,000 5,200

USA

12

400 – 8,600

3,800

By Country*

* Where 4 or more salaries were reported.

Exchange rate: Oanda, average for the period: 1/07/13 – 31/08/13 38

INSEAD MBA Graduates 2013

INSEAD MBA Graduates 2013

39

Companies which hired summer interns in 2013

Total:188 Companies Hired Summer Interns

* Companies in bold employed at least 3 interns

#

8 Miles A.T. Kearney AB InBev Abbott ABN Clearing AccelerAsia Accenture Aditya Birla Group Al Falah Capital Partners Alaska Energies Alstom Alvarez & Marsal Amazon Amphenol Corporation Angellab AON Partners Arbor Ventures Asian Development Bank AXA PE

A

Capital Today Centralway AG Chaile Ho Fashion Studio Chandler Corporation Citi Coty Credit Suisse Cutler and Gross CW Downer & Co. Danaher Deutsche Bank Digiweb Doughty Hanson & Co.

B

Bain & Company Bank of America Merrill Lynch Basilica estate development BC Partners BCwall studio Becton, Dickinson & Company Bel Group Betwin Consulting Blackstone Advisory Partners Bloom Energy BonjourBonjour BP Ventures BPCE Group BRF-Brasil Foods Bridgepoint

40

Bridges Ventures British Telecom Broadmargins Bubbly

E.ON Connecting Energies GmbH eaConsulting Earth 2 Globe Eli Lilly Emerald Technology Ventures Emerson Emprego Ligado En 1 Clic Endeavor Ernst & Young Fieldings Investment Management First Reserve Fleet Studio, Inc. Ford Motor Co

INSEAD MBA Graduates 2013

Johnson & Johnson JP Morgan

Fortress Franke Fratelli Pesenti S.A. Fulmia

C

D

E

K G

Garland Capital Group Gems Partners GlaxoSmithKline Glocal Partners Goldman Sachs International Google Government of Pakistan, Planning Commission Grand City Properties GmbH Greensea Capital Group M GulfInvestors Circle Harley-Davidson Motor Company Heidrick & Struggles Helios Investment Partners Hewlett-Packard Highlander Partners Hilti Corporation HPP Saude HSBC

H

I

F

Infineon INSEAD Interbank InterContinental Hotels Group Investec Asset Management Jacana Partners John Deere John Galliano SA

J

Kiwa KKR Knight Frank Konga KPMG Consulting Kwyk L.E.K. Consulting LDC LinkedIn Lion and Lion Luxola M2mobi Magpie Polymers MasterCard Advisors MBC McKinsey & Company Mesoamerica Microsoft Millward Brown Optimor Monitor Deloitte MuSigma Nigeria Sovereign Investment Authority Nike Inc. Nomura Nova Founders Novocraft OC&C Strategy Consultants Onyx Pharmaceuticals Oppa

L

M

Paypal Peace Museum Vienna PepsiCo Petrofac Pets at Home Philip Morris International Philips Pimco Pon ProSieben Sat1 Media AG Raizen Trading Rakuten RedMart Resource America Inc. Resultante Consultoria Estrategica Roland Berger Strategy Consultants Rolls-Royce Plc

P

R

S

N

O

Salewa Sanofi Sealed Air Shell International Shenzhen Capital Group Sidel Sika SILA SkillKindle SmartGrains Splash Community Projects Standard Chartered Bank Strategy& (formerly Booz & Company) Style Cracker Surya Capital Syngenta

T

TabSquare Take 2 Takeda Tanfeeth Team Drive TemptingPlaces Terras de Alter TF The Baby Shop The Boston Consulting Group The EstĂŠe Lauder Companies Inc. The Hongkong and Shanghai Hotels, Limited The National Assembly of Republic of Korea TNT Total SA Trusted Family Ubisoft Unatti UNICEF Unilever United States Olympic Committee UnLtd India Veolia Eau Vermilion VinaCapital Foundation Visible Funds WindRose Capital Yunus Social Business

INSEAD MBA Graduates 2013

U

V

W Y

41

A wide choice of recruiting methods

The Career Development Centre team provides advice and assistance for recruiters throughout the hiring process.

We are committed to working closely with organisations to find an INSEAD recruitment strategy that fits their needs.

Recruiters can access 1,000+ MBA, 220+ EMBA and a network of over 47,600 Alumni through our offices. Identical opportunities to hire INSEAD MBAs are provided twice a year on both of our campuses (Europe and Asia). The number of MBA participants taking part in campus exchanges between Singapore, Fontainebleau (France) the Wharton School of Business, Kellogg School of Management (US) and CEIBS (China) has stabilized. In 2013 around 70% of participants chose to move at least once between campuses. Given such mobility, it is vital that recruitment messages reach all participants.

1,000+ MBA 220+ EMBA 47,600 Alumni 42

INSEAD MBA Graduates 2013

Ideally, companies achieve this by having a physical presence on both campuses or by taking advantage of our video-conference facilities. We recommend mixing and matching the following recruitment methods according to your needs. Please do not hesitate to contact us to discuss your best approach for successful recruitment at INSEAD. Recruit on campus If you wish to build corporate brand image and increase awareness of your company’s career opportunities, on-campus recruitment is usually the best approach. This consists of an oncampus recruiting event with interviews held at a later date. Employer visits take place during the two main recruitment periods (March–June and September– December). Interviews can be arranged on both campuses, taking advantage of our interview rooms, video-conference facilities, and the web-based interview-scheduling system on our CareerGlobe platform.

Participate in a Networking Expo The networking expo is a 2-hour multi-industry event taking place in an afternoon with a limited number of organisations invited. This event gives you the opportunity to meet with students early in the campaign – and you will be able to display your promotional materials and banners in an informal setting. Organisations participating in this event are invited to interview oncampus the day after, thus reducing your travel costs, and giving you early access to top talent.

Participate in a Networking Evening Participating in a multi-industry networking evening, where a limited number of companies are invited, gives you a chance to network face to face with students in an exclusive setting.

Post a job description At any time during the year, descriptions of career opportunities (full-time positions or internships) can be posted on our new user-friendly website, CareerGlobe, free of charge and viewed

by MBA participants on both campuses, EMBA participants and Alumni across the globe. The site makes it possible for applicants to respond directly to the recruiting organisation.

Contact individuals directly through the CV Book The CVs of our MBA and EMBA participants are an important recruiting tool, whether companies plan to recruit on campus or by direct contact. For each class, we publish a CV e-Book with

many useful search capabilities, such as languages, previous work experience and educational background.

Recruit for internships and projects The January intake has the opportunity to work on a July–August internship or project during the two-month summer break. Managers hiring INSEAD MBA participants in this way benefit from having highly motivated, self-starting individuals work on specific business issues.

Career Development Centre sponsored events We arrange many additional events throughout the year. Examples include: panel discussions on careers in specific industries or women’s career issues; seminars on presentation skills or case interview techniques; and preparation for finance interviews.

All of these provide participants with specialised insights and allow the companies involved to promote their brand on campus.

Clubs INSEAD has a wide variety of sectorspecific participant clubs, including consulting, healthcare, energy, private equity, marketing, entrepreneurship and NGOs. Working with the clubs on their various events enables recruiters to target – and network with – groups of motivated participants very efficiently.

INSEAD MBA Graduates 2013

43

Important INSEAD recruiting guidelines

Non-disclosure of grades: INSEAD’s selection criteria demand a rigorous evaluation of intellectual and professional abilities. To obtain the MBA degree is a significant achievement. As a matter of policy, grades are considered confidential during the recruitment process. However, participants will be able to communicate whether or not they are on the official Dean’s List of high performers. Full transcripts of grades can be obtained only after graduation.

Equal consideration for participants on both campuses: Participants are selected from a centralised applicant pool, so both campuses have roughly the same MBA profile. Recruiters are therefore expected to consider all candidates regardless of their campus location, including those on the exchange with Wharton, Kellogg and CEIBS. It is also in employers’ interests to target both INSEAD campuses, as – after the first four months of the programme – participants are able to move freely between sites every two months. The Career Development Centre has 44

INSEAD MBA Graduates 2013

comprehensive systems in place, such as video-conferencing equipment, to facilitate this process.

Non-discrimination: As an international business school, INSEAD adheres to the principles of equality and impartiality. We expect companies recruiting at INSEAD to respect these principles.

For more details on the full INSEAD Recruiting Policies, please visit the “Corporate Recruiters” section of our website: http://www.insead.edu/corporate_ recruiters/ General Enquiries Europe Campus Tel: +33 (0)1 60 72 90 06 careers.fb@insead.edu Asia Campus Tel: +65 6799 5428 careers.sgp@insead.edu Abu Dhabi Campus Tel: +971 2 651 5200 careers.me@insead.edu INSEAD MBA Graduates 2013

45

List of countries per region

List of countries per region

Africa Angola Benin Botswana Burkina Faso Burundi Cameroon Cape Verde Central African Republic Chad Comoros Congo Congo Rep.Dem. Djibouti Egypt Equatorial Guinea Eritrea Ethiopia Gabon Gambia Ghana Guinea Guinea-Bissau Ivory Coast Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Mozambique Namibia Niger Nigeria Reunion Rwanda

Central/Eastern Europe Albania Armenia Azerbaijan Belarus Bosnia and Herzegovina Bulgaria (EEA) Croatia Czech Republic (EEA) Estonia (EEA) Georgia Hungary (EEA) Kazakhstan Kyrgyzstan Latvia (EEA) Lithuania (EEA) Macedonia Moldova Montenegro Poland (EEA) Romania (EEA) Russia Serbia Slovakia (EEA) Slovenia (EEA) Tajikistan Turkey Turkmenistan Ukraine Uzbekistan

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Saint Helena Sao Tome And Principe Senegal Seychelles Sierra Leone Somalia South Africa Sudan Swaziland Tanzania Togo Tunisia Uganda Zambia Zimbabwe Asia Pacific Afghanistan American Oceania American Samoa Australia Bangladesh Bhutan Brunei Darussalam Cambodia China Christmas Island Cocos Islands Cook Islands East Timor Fiji French Polynesia Guam Hong Kong India Indonesia Japan Kiribati Korea Lao

INSEAD MBA Graduates 2013

Macau Malaysia Maldives Marshall Islands Micronesia Mongolia Myanmar Nauru Nepal New Caledonia New Zealand Niue Norfolk Island North Korea Pakistan Palau Papua New Guinea Philippines Samoa Singapore Solomon Islands Sri Lanka Taiwan Thailand Tokelau Tonga Tuvalu Vanuatu Vietnam

Latin America Anguilla Antigua-Barbuda Argentina Aruba Bahamas Barbados Belize Bermuda Bolivia Brazil

Cayman Islands Chile Colombia Costa Rica Cuba Dominica Dominican Republic Ecuador El Salvador Falkland Islands Grenada Guadeloupe Guatemala Guiana Guyana Haiti Honduras Jamaica Martinique Mexico Montserrat Netherlands Antilles Nicaragua Panama Paraguay Peru Puerto Rico St Kitts and Nevis St Lucia St Vincent and The Grenadines Surinam Trinidad and Tobago Turks and Caicos Islands Uruguay Venezuela Virgin Islands (British) Virgin Islands (US)

Near/Middle East Bahrain Iran Iraq Israel Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria United Arab Emirates Yemen North America Canada USA

INSEAD MBA Graduates 2013

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List of countries per region Northern Europe Denmark (EEA) Faroe Islands (Denmark) Greenland (Denmark) Finland (EEA) Iceland (EEA) Norway (EEA) Sweden (EEA) Southern Europe Cyprus (EEA) Gibraltar (EEA) Greece (EEA) Italy (EEA) Malta (EEA) Portugal (EEA) Spain (EEA) Vatican

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Western Europe Andorra Austria (EEA) Belgium (EEA) France (EEA) Germany (EEA) Ireland (EEA) Liechtenstein (EEA) Luxemburg (EEA) Monaco Switzerland The Netherlands (EEA) United Kingdom (EEA)

INSEAD MBA Graduates 2013

INSEAD MBA- Graduates 2013 Method Media Pte Ltd 49 ŠINSEAD 2014 2015 Design: