Global One-Year MBA Global Careers Report
Content 4 Global employment 8 Salary 12 Global career development 14 Global network Increasing your salary, switching careers, or gaining knowledge to start a company whatever your reasons for obtaining an MBA, you want to be sure your investment is worth it. With Hult, we hope it will be 130% increase on pre-mba salary, 9 of students change country, industry, or function, and 88% of students are employed 3 months after graduation, while 10% of Hult graduates start their own company. The statistics in this booklet showcase Hult s expertise in producing a student body of productive global citizens. Every year we help thousands of students from around the world find jobs, launch their own companies, and achieve their full global career potential. Highlights 2 year payback period 88% of Hult MBA graduates are employed after 3 months 130% Increase in pre-mba salary Payback period based on The Economist (2015) data The Economist (2015) 9 of Hult graduates changed either country, industry or function Katharine Boshkoff Vice President Global Career Development 62nd Best Business School in the U.S. Bloomberg Businessweek (2015) 65th Best Business School in the World The Economist (2015)
GLOBAL EMPLOYMENT In 2015, Hult graduates accepted job offers at 800 companies in 60 countries Change in industry pre and post MBA Consulting 5% Consumer Products Education 4% Energy / Petroleum 4% 14% 14% 1 Financial services Government / Non-profit 2% 6% MBA employment by region Healthcare / Pharmaceutical 5% 6% 6% Asia 62% North America 8% Middle East & Africa Latin America Europe Tech/Telecom Manufacturing Media / Entertainment Professional Services Pre-Hult MBA Post-Hult MBA 5% 6% 8% 16% 18% 26% 10% 20% 30% 9 of Hult graduates changed either country, industry, or function 88% of Hult MBA graduates are employed after 3 months 75% of international students at U.S. campuses gained employment in the U.S. post MBA Change in function pre and post MBA Administration Consulting Finance / Accounting General Management 2% 8% 17% 17% 21% Human Resources 1% 10% of Hult graduates start their own company 68% of Hult MBA graduates changed country 66% of MBAs changed Industry Information Technology Marketing/Sales Operations / Logistics Engineering 4% 2% 8% 30% 3 10% 20% 30% 40% Pre-Hult MBA Post-Hult MBA 4 HULT GLOBAL CAREERS REPORT HULT.EDU 5
GLOBAL EMPLOYMENT Top global employers Industry mobility before and after degree Post-Hult Industry Top 15 global employers of Hult graduates 1. Google 2. Deloitte 3. PwC 4. EF Education First 5. KPMG 6. EY 7. Wells Fargo 8. Microsoft 9. Oracle 10. Nielsen 11. Amazon 12. EMC 13. Hilti 14. Porsche 15. Bloomberg Consulting Consumer Products Education Energy / Petroleum Financial Services Government / Non-profit Healthcare / Pharmaceutical High-Tech / Telecom Manufacturing Media / Entertainment Professional Services Consulting 36% 14% 0% 0% 11% 0% 0% 18% 4% 1 4% Consumer Products 12% 22% 1% 0% 10% 1% 10% 28% 6% 5% 5% Education 4% 12% 14% 0% 12% 0% 5% 8% Leading employers of 2015 Hult graduates by campus Hult Boston Hult London Hult San Francisco Hult Dubai ABInBev Accenture Airbus Akamai Amadeus Amazon ArcelorMittal AT&T Audi Bank of America BNY Mellon Cartier Citibank Deloitte EF Education First EY GM Google Heineken Hilti HubSpot Intel JD.com Jeep JP Morgan Chase KPMG L Oréal ManpowerGroup McDonald s Microsoft MindBody Motorola Nike Ocean Spray Oracle Porsche Procter & Gamble PwC Santander SAP Tesla Accenture Adidas Amazon AstraZeneca AvisBudget Group Aviva AXA Bank Of America Merril Lynch BlackRock Bloomberg BMW BNP Paribas Bosch Cognizant Deloitte Deutsche Bank EF Education First EMC EY Gucci Henkel Hilti KPMG Lloyds Banking Group LVMH Lyft Mars Microsoft Nielsen Ocean Spray Ogilvy & Mather Oracle Procter & Gamble PwC Santander Schneider Electric Siemens Thompson Reuters Tod s Uber Unilever ABInBev Amazon Amnesty International Autodesk BMW Carlson Wagonlit Travel Cognizant Deloitte EMC EY FedEx GE Google Grant Thornton Hilti HSBC JP Morgan Chase L Oreal Lloyds Banking Group LVMH Microsoft Nielsen Oracle Schneider Electric Siemens Tesla The World Bank Thomson Reuters Tod s Walmart Wells Fargo ABB Booz Allen Hamilton Bosch British American Tobacco BT Bulgari Deloitte EF Education First EMC Johnson & Johnson Mastercard Ogilvy & Mather Oracle Philip Morris Philips Porsche Tetra Pak Thomson Reuters Pre-Hult Industry Energy / Petroleum 17% 0% 8% 17% 17% 0% 0% 8% 8% 8% 17% Financial Services 12% 5% 4% 1% 41% 4% 5% 17% 1% 5% 5% Government / Non-profit 20% 22% 7% 10% 10% 8% 18% 2% 0% 0% Healthcare / Pharmaceutical 17% 8% 4% 4% 4% 4% 38% 4% 8% 0% High-Tech / Telecom 1 1% 2% 7% 1% 0% 62% 4% 6% 1% Manufacturing 0% 14% 0% 6% 10% 0% 2% 2 27% 4% 8% Media / Entertainment 1 2 0% 0% 6% 2 10% 10% Professional Services 11% 16% 6% 1 1% 2 2% 7% KPMG collaborates with Hult due to the diversity of the students. They are strong academically and have collaborative skills that are key to being successful in the new world of work. Hult students transition into our culture and accelerate up the learning curve to become productive and valued team members. Gabriella Fragiacomo Head of Human Resources & Learning KPMG Hult candidates bring years of international experience and a strong sense of entrepreneurial spirit. Some of our top recruitments in the last couple of years have been from Hult, and we look forward to continuing to build our strategic partnership. Munir Kamil Director of Human Resources L Oréal 6 HULT GLOBAL CAREERS REPORT HULT.EDU 7
SALARY Increase your earning potential Average MBA salary 3 months after graduation by campus $93,300 Hult Boston & San Francisco $84,300 Hult London $86,500 Hult Dubai * Average post-mba salary by student s region of origin** 130% Increase on pre-mba salary (up from 122% in 2014) $245,000 Average salary for top 10 MBA students in the class of 2015 $91,900 Average starting salary It s been six months since I started my MBA and I ve already been offered a role at Amazon with a six-figure salary. I took a chance on Hult, and it plugged me into a world of possibilities. It has changed the rest of my life. Umesh Tiwari Indian Technical Program Manager Amazon MBA Class of 2015 $110,000 Average salary 3 years after graduation (2014 data) $90,600 North America $82,800 Latin America *Data for this category is based on small sample size. $94,100 Europe $90,100 Asia $106,000 $92,800 * South Asia Middle East & Africa **Average MBA salary based on students country of origin. For example, students who came from South Asia earned on average $92,800 in 2015. Only cash components of remuneration are taken into account. Stock options, equity, and other benefits associated with start-ups are not included. The salary figures referenced do not take into consideration income tax rates or cost of living. Please note: figures represent a three-year average. 8 HULT GLOBAL CAREERS REPORT HULT.EDU 9
SALARY 2 year payback period Hult students recoup their investment in just 2 years Increase your net worth in the job market by 130% Hult students increase their salary 130% after an MBA 1.8 Bocconi 2.1 Hult Hult 130% Bocconi 12 2.2 Cass Cass 9 3.1 IE Boston U 80% 3.1 INSEAD NYU 71% 3.5 IMD MIT 70% 4.3 Boston U IE 6 4.7 Oxford INSEAD 65% 5.1 NYU Harvard 5 5.2 MIT IMD 5 5.3 Harvard LBS 50% 5.9 Cambridge Oxford 47% 6.4 LBS 1 2 3 4 5 6 7 Payback period (years)* Cambridge 32% 0% 30% 60% 90% 120% 150% Salary Increase *Based on The Economist Which MBA? 2015 data accounting for cost of program, earnings, and opportunity cost. Selected schools only. Source: The Economist 2015 MBA rankings (selected schools only) 10 HULT GLOBAL CAREERS REPORT HULT.EDU 11
GLOBAL CAREER DEVELOPMENT Continuous career development Our dedicated career development teams work one-on-one with students at each of our global campuses to prepare them for the global job market. Here are a few snapshot events: Cracking employment at Google Working in the U.S. 101 1-Minute CEO TV pitch Networking the room like a rockstar Hult alumni working at Google hosted an overview on how to become part of the tech giant, and how to thrive once employed there. Hosted by Hult San Francisco. Campus recruiting guru and best-selling author, Dan Beaudry, shared his expertise on what every international student needs to know about working in the U.S. Hosted by Hult Boston. Role-playing as company CEOs, students received media coaching before being given 1 minute to pitch their business idea live on camera. Students received feedback along with CNN-style video clip. Hosted by Hult Dubai. Heather White, leading networking and personal brand expert, hosted an interactive networking skills workshop followed by a networking session with corporate guests and alumni. Hosted by Hult London. Hult supports your global career before, during, and after you study Before Hult At Hult After Hult Career Fast Track Line by line review to optimize your resume Effective resume writing webinar Training on how to start your personal job search Global market employment trends overview Dedicated Global Career Advisors One-on-one career advising Career guidance for international job searching Personal resume review Interview preparation and workshops Appointment-free access Professional Networking Fortune 500 networking events High-growth midmarket and startup networking events Corporate speakers Global career open houses Alumni mixers Practical Career Development Coaching on how to break through in the job hunt Negotiation and personal branding seminars Networking workshops High-stakes interview preparation to help secure job offers in final stage interviews Alumni Mentorship Program Connect with global alumni for mentoring, career advice, and job opportunities Job Listings on MyCareer Portal Global Alumni Network Access to Hult Connect, the online portal for our 16,000+ strong alumni network Access to local chapter events with 70+ chapters and clubs Alumni Mentorship Program Global job board and networking events Lifelong Learning Opportunities One elective a year for life Ashridge Summer programs 12 HULT GLOBAL CAREERS REPORT HULT.EDU 13
GLOBAL NETWORK Instantly expand your global network Country of origin for MBA class of 2015 The class of 2015 has students from 130+ nationalities who speak over 100 languages Age Age 31 Average age of Hult MBA students 48% 25-29 3 30-34 2% <24 5% 40+ 12% 35-39 20% North America 2 Latin America 25% Europe Middle East & Africa 14% South Asia Asia Professional experience 6 years Average professional experience 32% 5-7 years 38% 3-4 years 1 8-10 years 10% 11-13 years 7% 13+ years 134 nationalities across all Hult programs and campuses worldwide 105 3 languages spoken across all Hult programs and campuses worldwide average number of languages a Hult student speaks 14 HULT GLOBAL CAREERS REPORT HULT.EDU 15
Accelerate your global career 2 year Payback period based on The Economist (2015) data 88% of Hult graduates are employed after 3 months 62nd Best Business Schools in the U.S. Bloomberg Businessweek (2015) 130% Increase in pre-mba salary The Economist (2015) 9 of Hult graduates changed either country, industry or function 65th Best Business School in the U.S. The Economist (2015) Hult supports your global career before, during, and after you study Before Hult At Hult After Hult Career Fast Track Line by line review to optimize your resume Effective resume writing webinar Training on how to start your personal job search Global market employment trends overview Dedicated Global Career Advisors One-on-one career advising Career guidance for international job searching Personal resume review Interview preparation and workshops Appointment-free access Professional Networking Fortune 500 networking events High-growth midmarket and startup networking events Corporate speakers Global career open houses Alumni mixers Practical Career Development Coaching on how to break through in the job market Negotiation and personal branding seminars Networking workshops High-stakes interview preparation to help secure job offers in final stage interviews Alumni Mentorship Program Connect with global alumni for mentoring, career advice, and job opportunities Global Alumni Network Access to Hult Connect, the online portal for our 16,000+ strong alumni network Access to local chapter events with 70+ chapters and clubs Alumni Mentorship Program Global job board and networking events Lifelong Learning Opportunities One elective a year for life Ashridge Summer programs Job Listings on MyCareer Portal Key Enrollment Contact Numbers: North America: +1 617 746 1990 (Boston) +1 415 869 2900 (San Francisco) Latin America: +1 305 648 9746 (Miami) +55 11 2122 9085 (Brazil) Europe: +44 207 341 8555 (London) +41 41 417 4575 (Lucerne) Middle East and Africa: +971 4 427 5800 (Dubai) South Asia: +91 22 4944 4300 (Mumbai) Asia and Australasia: +852 2111 2399 (Hong Kong)