AIB CANADIAN STUDENTS AND ALUMNI INSIGHTS REPORT 2017
WELCOME TO THE 2017 CANADIAN STUDENTS AND ALUMNI INSIGHTS REPORT After compiling the results of the 2017 Canadian Insights Survey, I and the whole Australian Institute of Business (AIB) team are really pleased to see the outstanding achievements of our students and alumni. As an organization that strives to provide people with greater access to education, our primary focus is on student success. I am extremely happy to see that the results of this survey are testimony to what we have set out to achieve from the beginning To deliver life changing experiences. It gives me tremendous pleasure to present to you the findings from the 2017 Canadian Insights Survey. Professor Angèle Cavaye Academic Director Australian Institute of Business
STUDENT AND ALUMNI OVERVIEW DEMOGRAPHICS REPORTED 23% of respondents are alumni, 77% are students. 43 is the average age of respondents. 92.2% of respondents are from urban areas, 7.8% are from rural areas. INDUSTRIES AND FUNCTIONS 21.3% 22.1% of respondents are working in Fortune 500 or Exchange Listed companies. have changed job functions since commencing with AIB. 12% work in Healthcare & Medical, 11% in Business & Commerce, 9% in the Mining and Energy Industry. WORK EXPERIENCE 84.5% 52% have 10+ years work experience. have 5+ years management experience. 81.5% of respondents are Managers with, 6.5% in the C-Suite. ALUMNI OVERVIEW ALUMNI OPINION OF AIB 95.5% 72.7% of alumni respondents would choose to study at AIB again. of alumni respondents agree that the AIB MBA has helped them to achieve their career goals. ALUMNI ANNUAL EARNINGS REPORTED 57% $113K 22.2% of respondents reported earning more than CAD$100k in the last 12 months. is the average annual income reported over the last 12 months (in pre-tax annual income in CAD). Received a raise within the first 3 months after graduation.
BACKGROUND 4,538 MBA graduates around the world. AIB S GLOBAL COMMUNITY The Australian Institute of Business (AIB) is a truly global community with over 16,000 students, alumni, academics and industry experts from over 90 countries. >9,800 Business School graduates around the world. >4,300 Current MBA students around the world. 200+ Academic, support and professional staff dedicated to teaching and student success. Note: All graduate, student and academic head-count numbers provided on this page were true and correct as at 1 March 2017.
SURVEY METHODOLOGY The 2017 Canadian Insights Survey was sent out on 19 July 2017 to 536 Canadian students and alumni across the AIB MBA, DBA, GCM and GDM programmes. Respondents were asked to answer 41 questions about their careers and professional experiences. We received a total of 204 responses by the close of survey on 28 July 2017. This survey sample represents a total response rate of over 38% of the total Canadian alumni and student population. All dollar amounts in this report appear in Canadian dollars unless otherwise stated. Survey respondents were asked to report their earnings in USD$ and all numbers have subsequently been converted into Canadian dollars using the exchange rate published by the Bank of Canada on 1 August 2017.
OUR RESPONDENTS OUR COMMUNITY IS DIVERSE WITH SURVEY RESPONDENTS COMING FROM ALL OVER CANADA. 23% Alumni, 77% Students. COURSES MBA: 97% GDM: 1.5% GCM: 1% DBA: 0.5% 0.5% Newfoundland and Labrador OUR CANADIAN RESPONDENTS TYPICALLY HAVE MORE THAN 10 YEARS OF WORK EXPERIENCE 14.2% B.C. 30.9% 39.2% Alberta Ontario 2.5% 7.4% Saskatchewan Quebec 4.4% Manitoba 15.5% <10 YEARS 15.4% 92.2% of respondents of respondents are have moved cities from urban areas, for work since starting at AIB. 7.8% are from rural areas. 84.5 >10 YEARS RESPONDENTS VARIED IN AGE FROM 24 TO 70 Average age 43 YRS 24-29 30-34 35-39 40-44 45-49 50-54 55-59 60+ 3.9% 8.8% 7.8% 15.7% 17.2% 16.2% 16.2% 14.2%
STUDENT & ALUMNI CAREER STATISTICS TYPE OF EMPLOYMENT 82.5% 4.5% 8.5% 4.5% Full-time Part-time Between roles Other PROFESSIONAL SENIORITY 30.5% 25.0% 11.5% 10.5% 9.0% 6.5% 6.5% 0.5% Senior Manager Manager Individual Contributor Entrepreneur Team Leader C-Suite Other Retired WHERE THE AIB CANADIAN COMMUNITY WORK 21.3% of our respondents reported working in Fortune 500 or exchange listed companies including: General Electric l Baker Hughes l D+H l Bell Canada l HSBC l IBM l Scotiabank l Chevron l Bombardier Discover Financial Services l Bank of Montreal l Shopify l Exxon Mobil l Royal Bank of Canada l Sophos Group l Atlas Copco l BHP l ATCO l TELUS l DXC Technology l Enbridge Gas Distribution Inc. l McKesson Corp l Suncor Energy Inc. l Lassonde Industries l Best Buy l DFS Group l Home Depot l SAI l Richards Packaging l VWR International l Opus International l Meridian Energy AIB CANADIAN RESPONDENT EMPLOYMENT ACROSS INDUSTRIES 12% 11% 11% 10% 9% 9% 8% 7% 7% 6% 4% 3% 3% 2% Healthcare & Medical Business & Commerce Other Manufacturing & Transport IT & High Tech Mining & Energy Banking & Finance Government & Defence Education & Training Property Development Consulting & Strategy Science & Engineering Between roles Consumer Products
ALUMNI CAREER OUTCOMES 84.1% 11.4% 31.8% 20.5% of our Canadian alumni are Managers. of our Canadian alumni are C-Suite. of our Canadian alumni currently own their own business. of our Canadian alumni have launched a start-up or acquired an existing business since commencing with AIB. INDUSTRY & FUNCTION CHANGES SINCE STARTING THE AIB MBA 15.9% 28.0% 14.2% have changed industries 14.2% to Mining & Energy to Consulting & Strategy to Banking & Commerce 38.6% have changed job function 29.4% to Management Positions 11.8% to Business Development Positions 5.9% to Consultant Positions ALUMNI AVERAGE ANNUAL INCOME 30% 25% 20% 15% 10% 5% CAD$113K average annual income. 57% of Canadian alumni reported earning more than CAD$100k per annum. 22.2% received a raise within the first 3 months after graduation. 0% <40K 60-69K 70-79K 80-89K 90-99K 100-119K 120-199K 200-300K Notes: All numbers in this report are in Canadian dollars unless otherwise stated. All USD$ to CAD$ amounts were converted using the exchange rate published by the Bank of Canada on 1 August 2017.
THE IMPACT OF THE AIB MBA 95.5% 93% of alumni respondents would choose to study at AIB again. of alumni reported personal achievement as a top benefit of the AIB MBA. 72.7% of alumni respondents agree that the AIB MBA has helped them to achieve their goals. PROFESSIONAL BENEFITS GAINED FROM STUDYING WITH AIB REPORTED BY CANADIAN ALUMNI 56.8% Career growth 59.1% Improved management skills PROFESSIONAL SKILLS ENHANCED FROM STUDYING WITH AIB REPORTED BY CANADIAN ALUMNI 75.0% Research and analytical skills 70.4% Strategy development skills 65.9% 63.6% Increased self-confidence Enhanced professional development
Australian Institute of Business +61 8 8212 8111 +61 8 8212 0032 courseadvisor@aib.edu.au www.aib.edu.au All information contained in this publication is self-reported by the Canadian students and alumni and is for general information only. The Australian Institute of Business makes no representation about the content, suitability, accuracy or completeness of this information for any purpose whatsoever. It is provided as is without any express or implied warranty or guarantee whatsoever. Information and data reported in this report was self-reported by Canadian students and alumni between 19-28 July 2017. All figures quoted in this report are in Canadian dollars unless otherwise stated.