CAREER REPORT INTERNATIONAL MBA 2016 Graduates
International MBA / 3 CONTENTS MARKET INSIGHTS 4 PROFILE OF THE GRADUATES 6 INTERNATIONAL PLACEMENT STATISTICS 8 I. 2016 Results II. Career Choices III. Salaries IV. Post MBA career changes 2016 EMPLOYERS 14 I. Recruit at IE II. Recruiting Partners IE INTERNATIONAL OFFICES 19
MARKET INSIGHTS At IE Business School, we are proud of our achievements. Our dedicated team of industry experts have strengthened the core career content in the program curricula, continued to provide sector specific career advice for every student and attracted more interest from international recruiters than ever before. As a result, 87% of our 2016 graduates secured a job within three months of graduation, most notably in the technology industry. In keeping with trends, approximately 32% of the class joined companies in consulting and financial services. However, we saw a dramatic upsurge in placements in the technology industry that accounts for 20% of the students, as innovations in the sector consistently generate new roles and functions. More students are securing work as marketing/sales professionals than in previous years with 29% landing jobs in this area, while a growing number accepted a position in consulting (13%) and finance/ accounting (21%). Regarding regions, 33% of our graduates decided to work in Europe and 31% settled in Latin America. We also saw an increase in placements throughout North America and Asia. In terms of career changes, 34% of our students chose to work in a different job function, 16% moved to a new country and 12% decided on both a change in function and country. These new graduates joined the ranks of more than 65,000 IE alumni based in more than 167 countries in both the public and private sectors. This continued success demonstrates our commitment to limiting time away from the workplace while providing a complete International MBA experience far beyond just academic achievement. It s our focus on real-world projects and leadership initiatives that attracts major companies such as Microsoft, Amazon and Deloitte: industry giants that value candidates with intrapreneurial skills and the power to change a company from the inside. We can t wait to build on this success as we dig deeper to bring out our students fullest potential and create value for all types of industries and communities across the globe. The role of Talent & Careers was more than important, it was crucial. Both, GSK, the company I work for, and Johnson & Johnson, where I did my summer internship, were companies that I met because of their Company Presentations at IE. But the help of Talent & Careers with my objectives goes beyond that, my Career Advisor was really important to help in soulsearching and defining a career strategy and improving my CV. The Director of Career Education also organized several interesting Career Fitness events and workshops that helped me to create a good elevator pitch, improve my LinkedIn profile, learn how to properly network and practice interviewst. GUILHERME UBIALI International MBA 2016 Graduate #ieimba #IECareers
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PROFILE OF THE GRADUATES Diversity is one of our most distinguishing values. We strongly believe that our students learn not just from our faculty but also by interacting with classmates from diverse educational, professional and social backgrounds. With over 130 nationalities on campus and at least 50 in any given class, our graduates have already had first-hand experience with operating in a multicultural environment. GENDER 31% FEMALE 69% MALE AGE 29.8 YEARS OLD AVERAGE 80% RANGE 26-34 5.8 YEARS AVERAGE WORK EXPERIENCE 72 NATIONALITIES 92% INTERNATIONAL STUDENTS #ieimba #IECareers
International MBA / 7 GEOGRAPHIC DISTRIBUTION 16% NORTH AMERICA 25% EUROPE 13% ASIA 35% LATIN AMERICA 11% AFRICA & MIDDLE EAST INDUSTRY SECTORS 24% INDUSTRY, ENERGY & CONSTRUCTION 19% FINANCIAL SERVICES 12% CONSULTING 9% OTHER 3% LAW, AUDITING & TAX 3% MEDIA/ENTERTAINMENT 5% PHARMA, BIOTECH, HEALTH 4% GOVERNMENT, NGOs 10% TECHNOLOGY & TELECOM 11% CONSUMER GOODS UNDERGRADUATE DEGREES 4% INFORMATION TECHNOLOGY 2% LAW 6% OTHERS 13% ECONOMICS 30% BUSINESS 10% SCIENCES 13% SOCIAL SCIENCES & HUMANITIES 22% ENGINEERING
INTERNATIONAL MBA PLACEMENT STATISTICS I. RESULTS FROM 2016 GRADUATES TOTAL NUMBER OF STUDENTS 615 Students for whom we have information 533 Students seeking jobs 461 Students not seeking jobs 72 JOB OPPORTUNITIES AND EMPLOYMENT STATISTICS Talent & Careers courses are embedded into the IMBA program. Coupled with career advice, these courses help students identify their professional goals and develop a strategy to achieve them. SITUATION 3 MONTHS AFTER GRADUATION Students working 415 Students not working 46 #ieimba #IECareers
International MBA / 9 II. CAREER CHOICES The diverse and industrial nature of our student body is echoed by the plethora of companies, across a variety industries that they find job placements in. Multinationals, SMEs, private or public sector businesses our Talent & Careers service is always on its toes as we strive to match a large range of recruiters with the perfect candidate from our pool of qualified professionals. Growing trends in the perpetually self-rejuvenating technological industry, with developments in big data, augmented reality, and cloud migration, have resulted in it being the most popular industry with 20% of our students getting placements. Financial services and consulting the solid backbones of business still draw a sizable crowd claiming 18% and 14% respectively, with interest in consumer goods just behind at 13%. Although showing a drop in popularity from last year, marketing and sales roles are still top of the table with 29% of our student body finding their footing there. Consulting roles have dropped slightly to 13% but the real climber is growth in finance which has risen from 16% last year to a healthy 21% this year. As a Business School with a far-reaching, cross-industry, international business vision, we are exceptionally pleased with the number of our students who have secured opportunities all around the world. With 33% in the EU, 31% in Latin America and the Caribbean, 11% in both North America and Asia, alongside representation in the Middle East, North Africa and Sub-Saharan Africa, our global success is breathtaking. This success is a result of having strong and fruitful relationships with international recruiters, coupled with an evergrowing diverse class profile and a network of 29 IE representative offices on all continents. PLACEMENT BY INDUSTRY PLACEMENT BY FUNCTION PLACEMENT BY REGION Technology 20% Financial Services 18% Consulting 15% Consumer Goods 15% Manufacturing 9% Energy/Mining 5% Pharma/Healthcare/ Biotech 5% Other 5% Real estate/construction/ Infrastructure 4% Marketing/Sales 29% Finance/Accounting 21% General Management 18% Consulting 14% Operations/Logistics 12% Information Technology 3% Human Resources 2% Other 2% TOTAL 100% Europe (EU) 34% Latin America 31% Asia 11% North America 11% Europe (non EU) 5% Middle East & North Africa (MENA) 5% Africa -sub Saharan 3% TOTAL 100% Government/Intl Organizations/NGOs 3% Media/Entertainment 2% Transportation & Logistic services 1% TOTAL 100% #ieimba #iecareers
III. SALARIES The diverse nature of our International MBA Class of 2016, spread out over a wide variety of industries, functional areas and countries, accounts for the range of salaries on display. All salaries are reported in euros, without taking into consideration cost of living, taxes or purchasing power parity (PPP). PLACEMENT BY INDUSTRY % AVERAGE MAX Technology 20% 76,795 169,800 Financial Services 18% 76,379 152,820 Consulting 15% 79,228 169,800 Consumer Goods 13% 68,397 130,180 Manufacturing 9% 75,977 135,840 Energy/Mining 5% 69,835 130,180 Pharma/Healthcare/Biotech 5% 88,153 147,160 Other 5% 72,491 135,840 Real estate/construction/infrastructure 4% 75,824 147,160 Government/Intl Organizations/NGOs 3% 73,410 104,144 Media/Entertainment 2% 107,851 283,000 Transportation & Logistic services 1% 73,203 101,880 TOTAL 100% 76,452 283,000 PLACEMENT BY FUNCTION % AVERAGE MAX Marketing/Sales 29% 71,116 147,160 Finance/Accounting 21% 82,844 169,800 General Management 18% 80,961 283,000 Consulting 14% 79,916 158,480 Operations/Logistics 12% 72,489 116,143 Information Technology 3% 72,357 122,256 Human Resources 2% 72,637 105,276 Other 1% 68,345 81,504 TOTAL 100% 76,452 283,000 PLACEMENT BY REGION % AVERAGE MAX Europe (EU) 34% 75,698 169,800 Latin America 31% 65,645 135,840 Asia 11% 68,189 130,180 North America 11% 100,158 169,800 Europe (non EU) 5% 98,472 133,576 Middle East & North Africa (MENA) 5% 82,604 147,160 Africa -sub Saharan 3% 92,951 283,000 TOTAL 100% 76,452 283,000 #ieimba #IECareers
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IV. POST MBA CAREER CHANGES We attract students who want to make a real change. Whether a change in their role or their region, our MBAs have international opportunity-creating qualifications. Although in some regions, such as Europe, visa regulations are making international positions more difficult to gain, the mix of networking and exposure received during our MBA greatly increases the potential to change. 34% STUDENTS WHO CHANGED FUNCTION 16% STUDENTS WHO CHANGED COUNTRY 12% STUDENTS WHO CHANGED FUNCTION & COUNTRY #ieimba #IECareers
International MBA / 13 The reason I say that my experience at IE was life changing is because it allowed me to make the most significant career change of all as I changed function, company, industry and geographical location after graduating. I moved from Finance at CIB (The Commercial International Bank of Egypt) in the Financial Service Industry to Sales & Licensing, at Microsoft, in the Technology Industry in the Gulf region. ( )I was invited to apply to Microsoft s MBA Mach Program maybe 3 months into my IMBA year via the Talent & Careers team along with many other IMBA candidates. Undoubtedly, I accepted. In late November, one month before graduation, I started my interview process with Microsoft and after some interviews I was accepted. AMR ABAZA International MBA 2016 Graduate
INTERNATIONAL MBA CLASS OF 2016 EMPLOYERS I. RECRUIT AT IE A large number of companies, organizations and executive search firms come to IE Business School year after year in search of top professionals, attracted by the quality and diversity of our students and graduates. We partner with companies across all industries and regions to help them identify the talent they need to succeed in today s complex and competitive business environment, adapting to their needs and recruitment cycles. IE Talent & Careers helps companies recruit for all aspects of their business, from junior professionals and middle managers to senior executives. Through on- and off-campus methods, companies acquire talent from both our full-time and part-time programs, as well as our expansive alumni network. HOW TO RECRUIT AT IE - OVERVIEW ON CAMPUS Company presentations Talent Forums Interviews ONLINE/INTERNATIONALLY Job Bank CV Books Calls for applications Online presentations/fairs Interviews (videoconference) MEETING THE STUDENTS Business competitions Networking and student club activities Seminars and workshops #ieimba #IECareers
International MBA / 15 II. RECRUITING PARTNERS More than 140 companies and organizations offered on-campus presentations and attended the various IE Talent Forums organized at IE Business School s campus, as well as in Mexico and Colombia. HR representatives from local and international companies had the opportunity to meet our students, leading to interviews and selection processes both on- and off-campus. Other companies chose to conduct on-campus presentations or post their job opportunities on our IE Career Portal. Besides making these opportunities available to our students, we urge them to take responsibility in managing their careers and make the most of all the activities we organize to bring them in contact with recruiters at all early stages of the MBA. TOP 15 RECRUITING COMPANIES 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
2016 ON-CAMPUS RECRUITING PARTNERS AB INBEV ABBVIE ACHERON PARTNERS ACCENTURE A-CONNECT AIRBUS ALFA CONSULTING ALLEN & OVERY ALTAMIRA ASSET MANAGEMENT ALTRAN AMADEUS IT GROUP AMAZON AMAZON WEB SERVICES APPLE STORE AVERDA AVIANCA AXA AYESA BAIN BAKER & MCKENZIE BANCO FALABELLA BANK OF AMERICA MERRILL LYNCH BASF ALEMANIA BBVA COLOMBIA BIMBO BIZCORPS BP BTS BURGER KING CARREFOUR CITI CLIFFORD CHANCE COGNIZIANT CREDIT SUISSE DELOITTE DEUTSCHE BANK DJI EDP ELI LILLY ELI LILLY MEXICO EMERSON ENDESA ENZEN GLOBAL FCC FERRERO FORWARD MEDIA FTI CONSULTING GAMELEARN GAS NATURAL GATEO ONE GBS FINANZAS GOOGLE GRANT THORNTON GRUPO BOLIVAR GRUPO FAMILIA GRUPO NUTRESA GSK HEAD SEEKERS HEWLETT PACKARD HILTI LIECHTENSTEIN HILTI MEXICO HOGAN LOVELLS HUAWEI IAG GBS IBERIA GROUP IBM ICRC IFC (WORLD BANK) IMPERIAL TOBACCO JOHNSON & JOHNSON JAPAN JP MORGAN #ieimba #IECareers
International MBA / 17 2016 ON-CAMPUS RECRUITING PARTNERS KANDIDATE KNIGHT FRANK KORN FERRY MEXICO KRAFT HEINZ KREAB IBERIA LOGISTA LONDON CONSULTING GROUP L ORÉAL MASSIMO DUTTI MCKINSEY MCKINSEY ANALYTICS MCKINSEY GERMANY MELIA HOTELS INTERNATIONAL MICHAEL PAGE MEXICO MICROSOFT MINSAINT BY INDRA MORGAN STANLEY MRI NETWORK MSD NARVÁEZ Y POLANCO NFOQUE NH HOTEL GROUP NIELSEN NISSAN NN INVESTMENT PARTNERS NOMURA ODGERS BERNDTSON OECD OLIVER WYMAN ORACLE PERNOD RICARD WINEMAKERS PHILIP MORRIS PJT PARTNERS POLYGLOT GROUP POLYMATH VENTURES PROCTER & GAMBLE PROSEGUR PWC RESTAURANT BRANDS INTERNATIONAL ROLAND BERGER RWE GROUP SACYR SAP SAS SCHIBSTED MEDIA GROUP SOCIEDAD TEXTIL LONIA (CAROLINA HERRERA) SECURITAS DIRECT SILCO SOCIÉTÉ GÉNÉRALE SONAE STMICROELECTRONICS SYNERGIC PARTNERS THE COMPANY ENTERPRISE FOUNDATION THE WORLD BANK TICKETBIS TJX EUROPE TJX/TK MAXX TMC TOURICO HOLIDAYS UBER UBS INVESTMENT BANK UNILEVER WPP ZURICH
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International MBA / 19 IE BUSINESS SCHOOL FOLLOW US Admissions department María de Molina, 11 Madrid, Spain T: + 34 915 689 610 imba.admissions@ie.edu Blog: news.imba.ie.edu IE S GLOBAL PRESENCE EUROPE europe@ie.edu FRANCE, MONACO - PARIS france@ie.edu GERMANY, SWITZERLAND & AUSTRIA - MUNICH dach@ie.edu ITALY, CROATIA & SLOVENIA - MILAN italia@ie.edu PORTUGAL - LISBON portugal@ie.edu RUSSIA & UKRAINE MOSCOW eeca@ie.edu SPAIN - MADRID & SEGOVIA iespain@ie.edu TURKEY - ISTANBUL turkey@ie.edu UK & IRELAND - LONDON uk@ie.edu NORTH AMERICA USA & CANADA northamerica@ie.edu WEST & MIDWEST USA - LOS ANGELES westcoast@ie.edu SOUTH USA & CARIBBEAN - MIAMI southusa@ie.edu NORTHEAST USA - NEW YORK northeast@ie.edu CANADA - TORONTO canada@ie.edu LATIN AMERICA latam@ie.edu ARGENTINA & URUGUAY - BUENOS AIRES argentina@ie.edu uruguay@ie.edu BRAZIL - SAO PAULO brasil@ie.edu CHILE - SANTIAGO DE CHILE chile@ie.edu COLOMBIA - BOGOTA colombia@ie.edu centroamerica@ie.edu ECUADOR - QUITO ecuador@ie.edu MEXICO - MEXICO CITY mexico@ie.edu PERU, BOLIVIA & PARAGUAY - LIMA peru@ie.edu bolivia@ie.edu paraguay@ie.edu VENEZUELA - CARACAS venezuela@ie.edu ASIA - PACIFIC asia-pacific@ie.edu AUSTRALIA & NEW ZEALAND - SYDNEY australia@ie.edu CHINA - SHANGHAI china@ie.edu INDIA & SOUTH ASIA - MUMBAI india@ie.edu JAPAN - TOKYO japan@ie.edu SINGAPORE & SOUTHEAST ASIA- SINGAPORE singapore@ie.edu southeastasia@ie.edu SOUTH KOREA - SEOUL korea@ie.edu MIDDLE EAST / AFRICA mea@ie.edu SAUDI ARABIA - RIYADH saudi@ie.edu UAE, QATAR, BAHRAIN, KUWAIT & OMAN - DUBAI uae@ie.edu WEST AFRICA - LAGOS NIGERIA@IE.EDU SOUTHERN AFRICA - JOHANNESBURG southernafrica@ie.edu
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