mba employment report - hec paris · 2020. 3. 31. · hec paris mba overall, a large number of hec...
TRANSCRIPT
2019
MBA EMPLOYMENT REPORT
2019TRENDS & STATISTICS
It was another very successful recruitment year for the HEC Paris MBA, with 92 percent of the Class of 2019 accepting job offers within three months of graduation. The class joins the prestigious ranks of the HEC Paris alumni network, made up of more than 60,000 people from 132 countries across the world.
The class, made up of 55 nationalities (92 percent international), graduated with a global mindset, ready to take on the business challenges of today and tomorrow. Sixty-six percent of the class secured positions outside of their home countries. And many of our students made significant career transformations, with 82 percent changing sector, 70 percent changing function and 64 percent changing their locations. A total of 80 percent of the class changed two of the three elements, while almost 40 percent made the “triple jump” and changed all three.
The HEC Paris MBA program continues to be one of the top MBAs in the world, this year ranking #1 in Europe and #3 worldwide by the Economist, and ranking in the top 10 MBA programs in the world by the Financial Times. We maintained high rankings in Poets & Quants, America Economia, QS and Bloomberg Businessweek.
Our Career Center ensures students’ career goals align with the needs of the global job market and continues to encourage students to transform and explore a variety of industries and functions during the MBA. This diversity is reflected in the placement data with 38 percent of students securing roles in a range of industries including Energy, Healthcare, Retail, Manufacturing and Consumer Goods. Technology (16 percent placement) and Finance (19 percent placement) remained popular sectors, while Consulting saw big growth with 27 percent of the class securing positions within the sector.
Our dedicated Career Center team would like to take this opportunity to thank our loyal alumni and recruiters, who continue to show confidence in our talent. We are proud of our achievements and we look forward to continuing to prepare future generations of global leaders to solve the business problems of tomorrow.
Marie CourtoisDirector, Career Center, HEC Paris
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GEOGRAPHIC ORIGINS (NATIONALITIES)
12%
27% 43%
18%
AFRICA &MIDDLE
EAST
AMERICASASIA &
OCEANIA
EUROPE
CLASS PROFILE HEC PARIS MBA CLASS OF 2019
239
92%
32% WOMEN
55
30
6 YEARS
690
NUMBEROF PARTICIPANTS
INTERNATIONAL PARTICIPANTS
GENDER
NATIONALITIES
AVERAGE AGE
AVERAGE WORK EXPERIENCE
GMAT AVG
CLASS PROFILE
3HEC PARIS MBA
CURRENT CLASS PROFILE HEC PARIS MBA CLASS OF 2021
281
94%
34% WOMEN
50
30
6 YEARS
690
NUMBEROF PARTICIPANTS
INTERNATIONAL PARTICIPANTS
GENDER
NATIONALITIES
AVERAGE AGE
AVERAGE WORK EXPERIENCE
GMAT AVG
GEOGRAPHIC ORIGINS (NATIONALITIES)
11%
24% 46%
19%
AFRICA &MIDDLE
EAST
AMERICASASIA &
OCEANIA
EUROPE
HEC PARIS MBA 2019
4
SALARIES
On average, MBA graduates from HEC Paris doubled their pre-MBA salaries.
OVERALL MEAN SALARY
92%OF THE CLASS ACCEPTED JOB OFFERS WITHIN
THREE MONTHS OF GRADUATION
Overall Average Salary Package
$128,206ANNUAL SALARY PACKAGE (MEAN)
ANNUAL SALARY PACKAGE (MEDIAN)
SIGN-ON BONUS (MEAN)
SIGN-ON BONUS (MEDIAN)
$116,504
$24,423
$22,295
TOTAL
20192017 2018
$112,800
$27,800
$120,700
$28,100
$128,206
$24,423
Sign-on Bonus
SALARIES
5HEC PARIS MBA
CONSULTINGAnnual Salary (Mean) $127,816Annual Salary (Median) $120,046Sign-on Bonus (Mean) $22,383Performance Bonus (Mean) $21,148
FINANCEAnnual Salary (Mean) $113,858Annual Salary (Median) $115,350Sign-on Bonus (Mean) $23,815Performance Bonus (Mean) $70,683
TECHNOLOGY Annual Salary (Mean) $104,258Annual Salary (Median) $100,430Sign-on Bonus (Mean) $19,856Performance Bonus (Mean) $20,618
HEALTHCARE Annual Salary (Mean) $157,575Annual Salary (Median) $130,933Sign-on Bonus (Mean) $50,278 Performance Bonus (Mean) $31,417
CONSUMER PACKAGED GOODS Annual Salary (Mean) $117,043Annual Salary (Median) $120,000Sign-on Bonus (Mean) $24,035Performance Bonus (Mean) $7,000
France Annual Salary (Mean) $103,465Annual Salary (Median) $98,047Sign-on Bonus (Mean) $19,929Performance Bonus (Mean) $28,404
SECTOR
LOCATION
ENERGY Annual Salary (Mean) $112,937Annual Salary (Median) $114,562Sign-on Bonus (Mean) $7,173Performance Bonus (Mean) $74,231
RETAIL Annual Salary (Mean) $106,472Annual Salary (Median) $107,604Sign-on Bonus (Mean) $23,070Performance Bonus (Mean) $10,000
MANUFACTURING Annual Salary (Mean) $104,527Annual Salary (Median) $88,819 Sign-on Bonus (Mean) $11,535Performance Bonus (Mean) $11,967
Western Europe (including France) Annual Salary (Mean) $102,519Annual Salary (Median) $99,201Sign-on Bonus (Mean) $21,159Performance Bonus (Mean) $31,893
North America Annual Salary (Mean) $186,922Annual Salary (Median) $147,360Sign-on Bonus (Mean) $20,000Performance Bonus (Mean) $20,200 Asia (including Oceania) Annual Salary (Mean) $143,376Annual Salary (Median) $141,995Sign-on Bonus (Mean) $33,576Performance Bonus (Mean) $24,649
Middle East/Gulf RegionAnnual Salary (Mean) $132,028Annual Salary (Median) $140,000 Sign-on Bonus (Mean) $27,666Performance Bonus (Mean) $19,407
South AmericaAnnual Salary (Mean) $122,603Annual Salary (Median) $122,603
HEC PARIS MBA 2019
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CAREER TRANSFORMATION
80% 39%CHANGED AT LEAST TWO OF THESE THREE
ELEMENTS
CHANGED ALL THREE
FOR THE CLASS OF 2019
70%CHANGED FUNCTION
82%CHANGED SECTOR
64%CHANGED LOCATION
At the HEC Paris MBA, we pave the way for students to transform their careers. The majority of our students made a career transformation, with 82 percent changing sector, 70 percent changing function and 64 percent changing their location.
The majority of the class – 80 percent – changed two of the three elements, while 39 percent successfully made the “triple jump.” International mobility continued to be a strong trend in our post-graduation placements, with 66 percent of the class securing employment outside of their home countries.
CAREER TRANSFORMATION
CAREER TRANSFORMATION
7HEC PARIS MBA
Overall, a large number of HEC Paris MBA participants moved into the Consulting and Technology sectors.
We saw the largest proportion of students from the Class of 2019 take on Consulting positions, while many also accepted leadership roles in Finance/Accounting and Marketing/Sales.
SECTOR CHANGE FUNCTION CHANGE
PRE-MBA PRE-MBAPOST-MBA POST-MBA
8%16%
Technology
26%14%
General Management
16%20%
Finance/Accounting
23%23%
Marketing & Sales13%27%
Consulting
18%19%
Financial Services1%2%
Real Estate
2%2%
Transportation & Logistic Services
13%3%
Other
4%6%
Healthcare
7%4%
Ops, Production, Logistics
6%4%
Consumer Packaged Goods
16%6%
Energy/Utilities
6%7%
Manufacturing
7%7%
Retail
Consulting18%30%
1%0%
Media/Entertainment
5%1%
Govt./Not-for-profit
1%2%
Human Resources
1%6%
Information Technology
8%1%
Other
HEC PARIS MBA 2019
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RECRUITERACTIVITY
TOP RECRUITERS
SOURCE OF OPPORTUNITY CLASS OF 2019
72% SCHOOL-FACILITATED OPPORTUNITIES
Networking to Networking/Personal Contacts
Online Postings
Other
28% GRADUATE-FACILITATED OPPORTUNITIES
50%
39%
11%
MBA On-Campus Recruitment & On-Campus Interviews
HEC Paris Network/Resources/Referrals
HEC-Facilitated Internships which Converted to Full-Time
Other School Facilitated Source
HEC Paris Job Postings
60%19%
9%
7%5%
RECRUITER ACTIVITY
9HEC PARIS MBA
“In the HEC Paris MBA there is never a moment to spare. From honing your skills in the classroom, to meeting industry leaders on campus or learning from your uniquely diverse set of classmates, every day is filled with experiences that shape you as a person and a professional. This comprehensive journey sets HEC apart and has transformed the way I view the workplace, the industry and, most importantly, the role I should play in all of it.”Ethan Iglesias Dougherty,Investment Banking Associate, Bank of America
HEC PARIS MBA 2019
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CAREER CHOICES
CAREER CHOICES FOR THE CLASS OF 2019
RateEmployed at three months 92%
Sector Consulting 27%Financial Services 19%Technology 16%Manufacturing 7%Retail 7%Energy 6%Healthcare (Including Products and Services) 6%Consumer Packaged Goods 4%Other 3%Real Estate 2%Transportation & Logistics 2%Government/Non-profit 1%Total 100%
Function Consulting 30%Marketing/Sales 23%Finance/Accounting 20%
General Management 14%Information Technology 6%Operations/Logistics 4%Human Resources 2%Other 2%Total 100%
Location
RegionFrance 34%Europe (Excluding France) 27%Asia (incl Australia) 18%North America 9%Latin America & Caribbean 5%Middle East 7% International MobilityWorking outside their home country 66% as percentage of total Class Working outside France 66% as percentage of total Class
11HEC PARIS MBA
“At the beginning of my MBA, I couldn’t imagine how much I would learn, grow and achieve! The knowledge I acquired both in the classroom and, especially, outside of it (e.g., attending seminars and speaker series, meeting people from all over the world, being an active member of the Consulting Club and the TEC Community) really prepared me to transition from Latin America to Europe. At the end, I was able to choose among several offers from top-ranked industries and consulting firms.”
HEC PARIS MBA 2019
Juliana Vectore,Consultant, Bain & Company
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REGION ANALYSIS
REGION ANALYSIS
MOBILITY
OF GRADUATES SECURED
EMPLOYMENT OUTSIDE OF THEIR HOME COUNTRIES
66%ASIA &
OCEANIA
7%
18%
*And Caribbean **Excluding France
The percentages of non-French finding jobs in France, and non-Europeans finding jobs in Western Europe were 73 percent and 52 percent of the placement rates in these regions.
REGIONS
JOB LOCATION
NORTH AMERICA
LATINAMERICA*
9%FRANCE
EUROPE**
34%
27%
5%
13HEC PARIS MBA
HEC PARIS MBA 2019
“Academically, the MBA provided me with a sharp toolbox containing everything a business leader needs to know: strategy, marketing, finance, operations, organization and more. In addition, the flexibility built into the HEC Paris MBA allowed me to customize my learning experience. As a result, and with some much appreciated support from the Career Center, I was able to land a very hands-on and strategic role at Shiseido.”
Guillaume Bô-Kim,Strategy Manager, EMEA & Global Fragrance, Shiseido
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The following list includes companies that offered at least one full-time position, as well as those that had internship positions accepted.
AAbbottAccenture*AddVentures by SCGAdenia PartnersAdidasAdmiralAdvanced Blockchain AGAethonAetnaAfricInvest GroupAirbusAktor SAAlaria HealthAlixPartnersAmazon*American ExpressAmundi Asset ManagementArab BankArcelorMittalArma PartnersArmaniArtefactAstraZenecaAtelier Premiere NYAtos*AUTO1
BBain & Company*BAMLBancolombiaBASFBATBionest PartnersBiz CapitalBolt MobilityBooz Allen HamiltonBoralexBusiness Finland
CCapgemini Invent*CarMoovCartier InternationalCathay Pacific
Ceres IndustriesCFAO Technology and EnergyChanel*CIBCCimenterie Nationale S.A.LCITIC SecuritiesClermount Partners Clever LeavesCMA CGM*Code8 BeautyColes GroupCortexCoSMo Software Consulting Pte LtdCrédit suisse
DDaimler AGData Soluce DataswatiDealGlobeDeliverooDelivery HeroDetecon International GmbH DHL ConsultingDiaVelDriveDrop Positioning SystemsDuPont Solutions
EE.ONEdenredEiffageElephants & Ventures Emirates AirlinesequensWorldlineEstée Lauder ParisEtergoEtex Building PerformanceEuro Latina FinanceeverisEY*
FFacebookFairtreeFast-Up PartnersFinance in MotionFivesFoodpandaFosunFurlenco
GGE HealthcareGenpactGlow RecipeGoogleGreen GiraffeGroupe Renault*GSKGuaranty Trust Bank
HHelloFreshHeuritechHiltiHinesHomeServeHORIBAHSBC*
IIFC - International Finance CorporationImerysInfosysInnovorderInvestisseurs et PartenairesinvitlyIpanema ConsultingIppon TechnologiesIpsenITEKA Corporate Finance
J, KJ.P. MorganJanssen Europe, Middle East & Africa (EMEA)JGC CorporationJohnson & JohnsonJulius BaerKPMG*
LLaboratoires Dermatologiques LATOKENLeCabLehmann MaupinLillyLinagoraLingua CustodiaL’Oréal*LuxurynsightLVMH*
MMaexpartners GmbHMagicLabMcKinsey & Company*MetLifeMichelin*MicrosoftMitsui & Co., Ltd.Moët Hennessy - LVMH*Monitor Deloitte*Morgan StanleyMorningstar
NNAU DesignNetcetera GroupNexus for DevelopmentNissan Motor CorporationNissan Automotive EuropeNoviregNubank
OOctoshieldOliver Wyman*
P, QPace UniversityP3Panoply CityParis 2024PERACSPernod RicardPing AnPredictusProcter & Gamble*Pro-Standard Global Tech FundPTOLEMUS Consulting GroupPwC*QMC Telecom
RRalph LaurenRoland Berger*
SSaipemSalesforceSanofi ChinaSAPSCGSchneider Electric*Siemens HealthineersSimon-Kucher & PartnersSkintifiqueSmartSociété Générale*Société des plastiques nobles(SPN)Sodexo*SodiatechSouthern Housing GroupS.T. DupontStepling Investment & Property
Strategy&Sumitomo Mitsui BankingCorporationSwatch GroupSynpulse ManagementConsultingSystra
TTcellTelefonicaThe Boston Consulting Group*The Currency Exchange FundTruffle Capital
UUberUBSUChicago MedicineUrgo*
V,WVestiaire CollectiveVisaWestwing Home & LivingWorldline*
X,Y,ZYOOX Net-a-Porter GroupZolo
*Corporate partners of HEC Paris
COMPANIES WHO RECRUITED FROM THE CLASS OF 2019
15HEC PARIS MBA
HEC Paris MBA Career Week: A week-long, on-campus event focusing on full-time MBA recruitment (September).
HEC International Finance and Consulting Fairs: On-campus networking and job-placement events for companies recruiting finance and consulting positions across all programs at HEC (October and November).
HEC Carrefours Career Fair: Started in 1985, this is the flagship career fair for full-time and internship positions across all programs at HEC (January).
HEC Paris MBA Internship Day: MBA-specific event focusing on internship recruitment (January/February).
Sector-Focused Career Fairs: Events held for companies recruiting or interested in networking with students specifically interested in their sectors, including Digital and Technology, Health Sciences and Impact, among others (November-March).
Region-Focused Career Fairs: Events held focused on certain regions, including Germany, China, Luxembourg and Africa, among others (November-March).
MBA Retail & Luxury Fair: Event held for students specifically interested in Retail and Luxury (March).
Stand-Alone Individual Presentations: Company presentations can occur anytime from September to November and from January to April.
Career Treks: Regional, national and international, sector- or region-focused treks organized throughout the program.
Club Activities: HEC Paris MBA professional clubs aim to strengthen the relationship between the HEC Paris MBA community and specific sectors. They organize panel discussions, evening guest speakers, company visits, networking dinners with HEC Paris alumni, and so on.
Job/Internship Postings: Job opportunities can be posted on our careers portal, free of charge. For more information, email [email protected].
TIMING AND AVAILABILITY
RECRUITING EVENTS
Availability of September intake:
• Summer internships: From mid-April to end of August
• End-of studies internships: From January to April of their graduating year
• Full-time positions: From January of their graduating year (15 months after the start of the program)
Availability of January intake:
• Summer internships: From July to mid-September
• End-of-studies internships: From January to April of the following year
• Full-time positions: From April of their graduating year (15 months after the start of the program)
HEC PARIS MBA 2019
The HEC Paris MBA lasts 16 months and there are two intakes, in September and January. Students are available for internships and full-time positions, as follows:
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“The HEC Paris MBA experience has been transformative, both professionally and personally. As an international student, changing both industry and location was not an easy career shift, and I could not have achieved it without the support and coaching I received. Learning in a truly international and diverse environment gave me the knowledge and confidence to take advantage of every opportunity and make an impact in a short period of time.”
Preethi Anand, Central Operations Manager, EMEA-APAC, Uber
© Photos: Marcella Barbieri - Conception - design: HEC Paris MBA Communications & Hippie Agency
