Global One-Year MBA. Global Careers Report 2017

Global One-Year MBA Global Careers Report 2017

Contents 4 Global employment 8 Salary information 12 Global career development 14 Global network I m proud to say that at Hult, we are experts in helping international students find international jobs. This is important because though our students come from different corners of the globe from over 150 nationalities last year they share the same goal: to make a change in their lives. After graduation, they do change either country, industry, or function. After just three months, an impressive 90% of them are employed, and not just at consulting and finance firms, but also technology, healthcare, non-profit, and energy roles across over 60 countries. Moreover, a brave 10% of them take the plunge and start their own business. At Hult, we believe our students ideas can challenge the status quo and change the way businesses are run. That s why we exist, and that s what makes us a different kind of business school. The statistics in this booklet are a testament to the hard work of our students, and to the faculty and staff who help our students achieve their global career ambitions. Highlights 17th Best International MBA in the world Bloomberg Businessweek (2016) 90% of Hult MBA graduates were employed after 3 months Increase in pre-mba salary 60th Best MBA in the world (2016) of Hult graduates changed either country, industry, or function 2.6 year payback period Katharine Boshkoff Vice President Global Career Development

GLOBAL EMPLOYMENT Hult graduates from the Class of 2016 accepted job offers at 825 companies in 60+ countries Students come to Hult to make a change and they do. MBA employment by region 9% Asia 1 Europe 11% Latin America Middle East & Africa 58% North America Change in industry pre- and post-mba Consulting Consumer Products Education Energy / Petroleum Financial Services Government / Non-profit Healthcare / Pharmaceutical High-Tech / Telecom Manufacturing Media / Entertainment Professional Services Pre-Hult MBA 1% 0% 10% 20% Post-Hult MBA 4% 4% 4% 8% 8% 11% 13% 1 1 1 20% of Hult graduates changed either country, industry, or location 90% of Hult MBA graduates were employed after 3 months 63% of international graduates at U.S. campuses gained employment in the U.S. post-mba Change in function pre- and post-mba Administration Consulting Engineering Finance / Accounting General Management 1% 4% 8% 8% 1 21% 2 10% of Hult graduates started their own company 69% of Hult MBA graduates changed country 68% of graduates changed industry post-mba Human Resources Information Technology Marketing / Sales Operations / Logistics 1% 5% 1 11% 10% 20% 30% 40% 2 3 Pre-Hult MBA Post-Hult MBA 4 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 5

GLOBAL EMPLOYMENT Top global employers Industry mobility At Hult, accelerate your global career by networking with leading employers from around the world. Consulting Consumer Products Education Energy / Petroleum Post-Hult Industry Financial Services Government / Non-profit Healthcare / Pharmaceutical High-Tech / Telecom Manufacturing Media / Entertainment Professional Services Top 15 global employers of Hult graduates Consulting 3% 10% 3% 0% 24% 3% 2 13% 0% 10% 100% 1. KPMG 2. PwC 3. Amazon 4. EF Education First AccorHotels Amazon Bank of America Merrill Lynch Barclays Investment Bank BCBG Max Azria BMW BoConcept Deloitte Ernst & Young (EY) FedEx Fidelity Investments Google Hewlett-Packard (HP) Hilti Huawei JPMorgan KPMG L Oréal Marc Jacobs Morgan Stanley Nomura Securities Santander Tesla Uber United Nations 5. L Oréal 6. Microsoft 7. Bank of America Merrill Lynch Leading employers of the Class of 2016 by campus AB InBev Accenture Amazon Apple Bloomingdale s The Boston Consulting Group CBS Interactive Domino s EF Education First Fiat Chrysler Automobiles (FCA) Google Hewlett-Packard (HP) L Oréal Macy s Microsoft NVidia Philip Morris International PwC Qualcomm Salesforce Siemens Uber UBS Unilever 8. Hilti 9. Domino s 10. Google 11. Tesla Hult Boston Hult San Francisco Hult London AB InBev Accenture Amazon Bank of America Merrill Lynch Best Buy BMW Deloitte Deutsche Bahn EF Education First Google Hilti KPMG L Oréal Microsoft Morgan Stanley PwC Salesforce Siemens UBS Vodafone 12. Morgan Stanley 13. Uber 14. Deloitte 15. AB InBev Hult Dubai 3M BT Hilti KMPG L Oréal Maersk Line Microsoft Pre-Hult Industry Consumer Products 5% 29% 8% 5% 15% 0% 2 100% Education 5% 5% 21% 0% 11% 1 11% 0% 0% 5% 2 100% Energy / Petroleum 1 1 0% 0% 1 0% 0% 0% 33% 0% 1 100% Financial Services 1 3% 1% 4 1% 1 5% 0% 15% 100% Government / Non-profit 4% 11% 10% 13% 8% 2 0% 1 100% Healthcare / Pharmaceutical 13% 9% 9% 9% 4% 4% 2 9% 0% 4% 1 100% High-Tech / Telecom 13% 3% 0% 8% 34% 3% 3% 13% 100% Manufacturing 3% 5% 0% 9% 18% 1 19% 100% Media / Entertainment 11% 18% 4% 0% 11% 0% 21% 3% 4% 21% 100% Professional Services 8% 1 0% 1 1% 8% 15% 3% 0% 29% 100% How to read the chart: Shown are changes in industry pre- and post-hult. For example, of those who entered Hult with a consumer products background, 5% now work in consulting, 29% remained in consumer products, 8% work in education, and so on. 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 MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 7

SALARY INFORMATION Increase your earning potential In just one year, return to the job market with an MBA salary. Average MBA salary 3 months after graduation by campus $76,800 Hult Dubai* $83,400 Hult London *Data for this category is based on a three year average due to a small sample size. $92,600 Hult San Francisco $97,100 Hult Boston Increase on pre-mba salary $309,300 Average salary of the top 10 highest earning MBA graduates in the Class of 2016 (Includes base salary plus bonus incentives) $91,500 Average MBA graduate starting salary David studied in Shanghai, worked with Johnson & Johnson in New York, and completed his journey in Dubai. Now at Amazon, he hires Hult students for their unique mindset. The Hult MBA changed my life. Career Development helped me focus my job search, improve my interview skills, and get through Amazon s tough recruitment process. The alumni network supported me, and so now I do the same. Hult grads are flexible, adaptable, and deliver results; they re competitive candidates for roles at a company like Amazon. David Domene Luque Area Manager, Amazon Spanish and German MBA Class of 2013 $110,000 Average MBA salary three years after graduation (Based on 2014 data from the Financial Times) Average post-mba salary by students' region of origin* $111,900 North America $83,000 Latin America $94,700 Europe $106,700 Asia $80,600 ** $76,100 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 $76,100 in 2016. 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. **Data for this category is based on a small sample size. 8 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 9

SALARY INFORMATION Two-and-a-half year payback period Increase your net worth in the job market by Because our MBA is one year, Hult students return to the workforce more quickly and recoup their investment in just over two-and-a-half years. Hult students increase their salary by after an MBA. 2.2 Bocconi 2.6 Hult Hult 94% Bocconi 2.7 IE 89% Boston U 2.9 INSEAD 79% NYU 3.4 Cass 7 MIT 3.5 IMD 74% IE 4.1 Boston U 65% INSEAD 4.2 Cambridge 6 LBS 4.8 Oxford 60% Harvard 4.8 NYU 58% Cass 4.9 MIT 5 IMD 5.0 Harvard 51% Cambridge 5.2 LBS 0 1 2 3 4 5 6 Payback period (years)* 4 Oxford 0% 20% 40% 60% 80% 100% Salary Increase *Based on the 3-year average of Which MBA? data from 2014-2016, and accounting for cost of program, earnings, and opportunity cost. Selected schools only. Based on the 3-year average of Which MBA? data from 2014-2016. Selected schools only. 10 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 11

GLOBAL CAREER DEVELOPMENT Experts in international student placement At Hult, you ll have access to a team of global career advisors who are experts in helping international students find international jobs. Past campus career events Cracking employment at Google San Francisco Hult alumni working at Google hosted an overview on how to become part of the tech giant, and how to thrive once employed there. Working in the U.S. 101 Hult Boston 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. 1-Minute CEO TV pitch Hult Dubai 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 a CNNstyle video clip. Networking the room like a rockstar Hult London Heather White, leading networking and personal brand expert, hosted an interactive networking skills workshop followed by a networking session with corporate guests and alumni. Sophia Xing Liu Product Manager Lancôme; L Oréal Chinese MBA Class of 2016 From Shanghai startups to San Franscico big-name brand: With her Hult MBA, Sophia made the triple jump and changed location, industry, and function I spent most of my pre-mba career in Shanghai startups and venture capital. I wanted to become an entrepreneur and decided an MBA in a tech capital would be the perfect way to do so. Hult s one-year format was very appealing, and the program was much more pragmatic and experience-driven than other schools. At Hult, I discovered new skills and interests I didn t know even existed. The education and training we got was always applicable to real-world situations, and I learned more about working in teams than I could ever have hoped for. San Francisco s job market is very competitive but Hult equipped us for the job search from the first day we came to campus. We had our own advisors, I got a lot of help with my CV, and had oneon-one sessions. Hult brought a lot of recruiters onto campus and there were so many opportunities for students to get in touch with people at those companies. L Oréal came to campus one day and, by submitting my application through Hult s system, I secured a face-to-face interview with the HR director of L Oréal Travel Retail Americas the next day. When it came to the final interview, all those great tips and tricks I learned at Hult worked and I got hired! Career Development ROADmap Developed through advising thousands of successful job seekers, our unique Career ROADmap approach (Reflect, Observe, Accelerate, Drive) ensures that throughout the year, you have access to tools, coaching, support, and global job postings to help you develop the lifetime skills and contacts needed to acheive your career ambitions. Before Hult At Hult After Hult Information-packed webinars throughout the summer so you arrive to campus ready to hit the ground running Topics include: 7 tips for getting an international job Global market trends Realities of the U.S. job market Hot jobs in business insights, technology, and data analytics Fast-tracking your career at Hult Reflect: Understand your strengths and passions Individual and group advising sessions designed to jump-start your job search Resume and LinkedIn workshops Career Boot Camp Personal Assessment and Self Branding Observe: Research interesting companies and careers Workshops on networking, interviewing, job search strategies, and sourcing internships Company information sessions and webinars Career Boot Camp Market Alignment and Role Fit Accelerate: Define your target industries, roles, and locations Create a career plan target companies, target roles, target locations Peer-based coaching and job support groups Job boards featuring diverse employment opportunities from alumni and employers Career Boot Camp Interviewing and Closing Drive: Meet employers, refine your interview techniques, and secure a job One-to-one interview preparation Workshops on converting internships to jobs Career Connections and Career Forums to meet employers and identify opportunities Hult Connect, the online portal for our 17,000+ alumni network Global job board and networking events Lifelong learning opportunities, including one elective each year at a campus of your choice (registration fee applies, but no other cost) Post-graduation advising for three months via advisors in Dubai, London, Boston, and San Francisco MyCareer Resource Portal Global and regional networking resources and job boards Technology and online resources for career assessment, job identification, and job search 12 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 13

GLOBAL NETWORK Graduate with a global network in place Country of origin for MBA Class of 2016 The Class of 2016 included students from 150+ nationalities who spoke over 100 languages you never know where your next contact, investor, or business venture will come from. Age 31 Average age of Hult MBA students 40+ 15% 35-39 3 30-34 <24 44% 25-29 19% North America 2 Latin America 21% Europe Middle East & Africa South Asia 1 Asia Professional experience 7 years Average professional experience 10% 11-13 years 8-10 years 9% 13+ years 3 3-4 years 150+ 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 30% 5-7 years 14 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 15

A new kind of business school for the global generation Hult San Francisco Campus Hult Boston Campus Hult London Campuses Hult Shanghai Rotation Center Hult New York Rotation Center Hult Dubai Campus Accelerate your global career 17th Best International MBA Bloomberg Businessweek (2016) 90% of Hult graduates were employed after 3 months Increase in pre-mba salary 60th Best MBA in the world (2016) of Hult graduates changed either country, industry, or function 2.6 year Payback period 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 4322 (Mumbai) Asia and Australasia: +852 2111 2399 (Hong Kong) +86 21 6133 6588 (Shanghai) Hult International Business School is a 501 (c)(3) non-profit educational organization registered in the Commonwealth of Massachusetts and accredited by the New England Association of Schools and Colleges (NEASC).