MBA Graduates 20112011 Employment Statistics. A World of Talent.
INSEAD MBA Graduates 2011                                                      INSEAD MBA Graduates 2011 1                ...
2 INSEAD MBA Graduates 2011                                                                                               ...
4 INSEAD MBA Graduates 2011                                                                                               ...
6 INSEAD MBA Graduates 2011                                                            INSEAD MBA Graduates 2011 7Profile ...
8 INSEAD MBA Graduates 2011                                                                                               ...
10 INSEAD MBA Graduates 2011                                                                              INSEAD MBA Gradu...
12 INSEAD MBA Graduates 2011                                                                                              ...
14 INSEAD MBA Graduates 2011                                                                                              ...
16 INSEAD MBA Graduates 2011                                                                                              ...
18 INSEAD MBA Graduates 2011                                                                                       INSEAD ...
20 INSEAD MBA Graduates 2011                                                                                              ...
22 INSEAD MBA Graduates 2011                                                                                              ...
24 INSEAD MBA Graduates 2011                                                                                      INSEAD M...
26 INSEAD MBA Graduates 2011                                                                                              ...
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
Mba employment statistics[1]
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Mba employment statistics[1]

  1. 1. MBA Graduates 20112011 Employment Statistics. A World of Talent.
  2. 2. INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 1 Contents From Career Services 2 Highlights of 2011 3 A World of Talent 4 Profile of 2011 INSEAD MBA graduates 6 Full-time jobs and compensation trends 8 • Overview 8 • Job locations 10 • Career changes 12 • Compensation trends by region and country 14 • Corporate Sectors 16 • Consulting 22 • Finance 26 Employers of 2011 INSEAD MBA graduates 30 • Top employers 30 • The INSEAD Partnership 31 • 2011 Recruiting Partners 32 Summer internships and compensation trends 36 • Companies which hired summer interns in 2011 40 A wide choice of recruiting methods 42 List of countries per region 46
  3. 3. 2 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 3From Career Services Highlights of 2011A school that mirrors the INSEAD’s graduating classes were as In 2011, 82% of our graduates changedglobal economy diverse as ever – with 86 nationalities, 33% women and an average of 5.5 years’ their career in terms of job function, geography and/or industry (and experience across many sectors. 23% changed all three). Base salaries reflected the wide range of careerAfter a year of record-breaking success In 2011 too, we did set one new record. A Graduates’ career destinations were as destinations and currencies – rangingin 2010, we watched the economic storm staggering 98% of graduates responded to diverse as their origins: 41% Western from €10,600 to €250,000. And thoughclouds gather over Europe in 2011 with our survey. Europe, 25% Asia Pacific (both roughly mean salaries decreased slightly acrosssome trepidation. But the beauty of INSEAD the same as last year), 9% North America But, as ever, this report is really a testimony most sectors, mean sign-on bonusesis that it is a truly global school with truly (up from 8% last year), 7% Africa/ to the talent of INSEAD students, the were up slightly.global employment opportunities. While Middle East and 7% Latin America. Therecruitment to Southern Europe fell, we strength of our Corporate Partners and most significant increases were in those Our targeted CV books continue to playsaw a surge in the BRIC countries, a small the power of our global alumni network. opting for jobs in Brazil and India. an important role, as do our other recentincrease in North America and stability in We would like to thank them all for their innovations, such as use of social mediaWestern Europe. As a result, we were only contribution to a near-record year in 2011. Perhaps the most interesting increase, and support for student clubs’ “careerjust short of our 93% record – with 92% of however, was in the number of new treks”. These are just a few of the initiatives INSEAD Career Services,graduates reporting employment within 3 graduates starting their own company – that contributed to a successful yearmonths of graduation across 64 countries Europe & Asia Campuses up from 3% in 2010 to 8% in 2011. This despite a challenging employment market.and 455 companies. reflects INSEAD’s strong reputation and range of activities in entrepreneurshipAnother global trend reflected in our – including, in 2012, the firststatistics is the increased use of social “Entrepreneurial Careers Corner” at ourmedia by all involved in the recruitmentprocess. In fact, we’re pleased to report, 92% of our Career Fairs. GraduatesCareers_insead@twitter is now avidlyfollowed throughout the world! 2011 graduates starting own reported ventures rose employment from 3% to within 3 months 8% in 2011
  4. 4. 4 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 5A World of TalentOne school, two campuses • The alumni network includes Chairmen,and two intakes CEOs, and other senior level directorsThe MBA programme runs in parallel on at a large number of global companies Our campuses intwo campuses in Europe (Fontainebleau,France) and Asia (Singapore). Two including LVMH, L’Oréal, Power Corporation of Canada, Roche Holding Europe and Asiaclasses of approximately 500 participantsgraduate every year: in July and December Ltd, Danfoss, Statoil, Heineken, AON, Deutsche Bank, Goldman Sachs, BASF, provide graduatesrespectively. This gives employers theopportunity to recruit twice during the year. Sanofi-Aventis, McKinsey & Company, Rio Tinto, Siemens, Prudential Plc, with a globalThe most international Lloyds Banking Group, Groupe Galeries Lafayette, L’Occitane International. perspectivebusiness schoolIf you are a recruiter looking for executives An intensive preparation forwho are comfortable working across national a successful careerand linguistic borders, both sensitive INSEAD graduates do not just offer recruiters Participants are Over 71%to other cultures and proficient in localbusiness practices, then it is only natural to the latest business insights. They bring stamina, teamwork, entrepreneurialism, proficient in 3+partner with INSEAD. Our uniquely diverse organisational skills and effectiveness in theenvironment attracts young professionals face of pressure to the companies they join.with a solid international experience. They At INSEAD we develop the capacity to masterthen learn from each other’s differencesand similarities, as well as from our global a large amount of material in a short period of time. In this high-pressure environment, of participantscurriculum and faculty, before moving on topursue careers throughout the world. we foster collaborative skills through group work in diverse teams. languages on transfer betweenA first-class business school • The one-year programme provides in- graduation campuses duringWe attract some of the most talented andambitious young professionals in the world. depth knowledge of conceptual models the year and analytical tools in Accounting,Drawn to the school by our world-classfaculty and unparalleled international alumni Entrepreneurship, Economics, Finance,network, they leave INSEAD to create valueand growth in companies across the globe. Marketing, Organisational Behaviour and Strategy. The top five The top five job• Average GMAT score (2011): 703 Dual-Degree Programme between nationalities destinations <39% <44% INSEAD and the John Hopkins• Major international rankings: regularly University Paul H. Nitze School of ranked in the top ten business schools Advanced International Studies (SAIS) worldwide since 2000; number 1 in The INSEAD-SAIS Dual-Degree Programme, Bloomberg Businessweek’s 2010 launched in 2011, prepares students for ranking of international business schools (non US schools) number 2 careers that combine international relations and business administration. Students of total participants of total destinations in Forbes’ ranking of one-year MBA admitted to both programmes are able programmes outside the US in 2011 and to complete the two degrees in two and a half years, instead of three years required number 6 in the Financial Times’ Global to complete the degrees separately, by MBA ranking in 2012 spending one and a half years at SAIS and one year at INSEAD.
  5. 5. 6 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 7Profile of 2011 INSEADMBA GraduatesTotal number of NationalityMBA graduates:1,009 Africa / Near / Middle East Asia Pacific 11% 26% Central / Eastern Europe 9% Latin America 7% North America 14%Gender33% Northern Europe 1% 9% Female Southern Europe 23%67% Western Europe Male Age < 26 years 6% 26 – 28 years 44% 29 – 31 years 38% > 31 years 12% Average: 29 years Work Experience 1 – 2 years 8% 3 – 5 years 36% 5 – 7 years 34% > 7 years 22% Average: 5.5 years Education Arts 4% Business 26% Economics 15% Engineering 33% Law / Political Sciences 7% Sciences 6% Other 9%
  6. 6. 8 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 9Full-time jobs and 2011 jobs by sector groupcompensation trends Consulting 39% Financial Services 23%Overview Consumer & Luxury Goods 10%Of the 1009 participants in the two How did they find their job? High-Tech / Telecommunications 9%classes which completed the INSEAD INSEAD facilitated activitiesMBA programme in July and December Manufacturing 4%2011, 992 (98%) responded to the Career Career Services / Alumni network 426 51% Energy / Petroleum 3%Services survey and 24 reported not Summer job 33 4%having started their job search. Healthcare 3% Graduate facilitated activities Primary Industries 3%Of these 968 graduates actively looking Pre-INSEAD employer 179 21%for a job, 888 (92%) reported having Advertising / Publishing 1% Own contacts 136 16%received at least one job offer 3 months Construction 1%after graduation, 838 (87%) gave us Creating own company 64 8% Corporate Services 1%details of their career decision and 654 TOTAL 838 100%(67%) reported full salary information, Media / Entertainment 1%on which the salaries section of the Public Sector / Social Impact 1%following report is based. Travel / Leisure Services 1% By sector 2011 jobs by function Consulting 39% Consulting 40% Finance 18% Finance 23% General Management 12% Corporate Planning / Business Development 11% Marketing / Sales 8% Corporate Sectors 38% Other* 5% Rotational Programmes 3% Production / Operations Management 2% Technology Management 1%Sectors: comparison over 5 years Consulting Finance Corporate Sectors * includes: Accounting & Control, Communications/PR, Human Resource Management, Legal, Logistics & Purchasing, Project2011 39% 23% 38% Management, Research & Development, and a further 3% who2010 44% 20% 36% did not provide a category.2009 39% 17% 44%2008 42% 18% 40%2007 39% 28% 33% Disclaimer: The information included in this report was provided by both MBA graduates and recruiters and has not been independently verified. INSEAD Career Services gives no guarantee as to its accuracy.
  7. 7. 10 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 11Job LocationsINSEAD’s reputation as “The Business The numbers recruited to WesternSchool for the World” is built on thediversity of our graduates’ careerdestinations and the global reach of Europe and Latin America remained stable in comparison with last year. A decrease in France was balanced by Companies in 64 countriesour alumni network – over 43,000 in160 countries. In 2011, our record was increases in UK and Germany. And Brazil was by far the most popular destination turned to INSEAD to source talentas impressive as ever. More than 450 in Latin America, accounting for 45companies in 64 countries recruited students (compared to 27 in 2010).our graduates.Our twelve-year presence in Singaporemakes us notably strong in Asia Pacific.In 2011, as in the previous year, 25% ofour students went to work in this region.We saw a particularly big increase inthose choosing to work in India – from6% in 2010 to 14% in 2011.On the other side of the world, therewas a slight rise in the percentage ofgraduates recruited to jobs in NorthAmerica – 9% compared to 8% in 2010 –perhaps reflecting economic recovery inthe region. In contrast, but also reflectingthe pattern of the global economy,there were significant decreases in thenumbers working in Italy, Spain andPortugal. Only 5% of graduates obtainedjobs in Southern Europe, compared to7% in 2010. By region Africa / Near / Middle East 7% Asia Pacific 25% Central / Eastern Europe 5% Latin America 7% North America 9% Northern Europe 1% Southern Europe 5% Western Europe 41%
  8. 8. 12 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 13 Region or country changesCareer changes Nationalities: who stays home and who goes abroad(1)In 2011, true to past form, INSEAD Changes of business sector Regions # Home AbroadMBA participants demonstrated their North America 116 38% 62%extraordinary capacity for change. An Former consultantsimpressive 82% of graduates succeeded Southern Europe 87 45% 55%in changing their function, sector or Finance 11% Africa / Near / Middle East 82 50% 50%country of work – and 23% changed all 67 52% 48%three at once. Corporate Sectors 20% Central / Eastern Europe Northern Europe 14 64% 36% Consulting 69%The statistics reveal a few new trends. Asia Pacific 205 72% 28%More former finance professionals joined Latin America 60 72% 28%the corporate sectors (up from 20% in Western Europe 207 79% 21%2010 to 26% in 2011) and fewer went Former finance professionalsinto consulting (down from 25% to 17%).Similarly, we saw more people returning Consulting 17% Within selected nationalities*to the corporate sector (up from 55% theprevious year to 58%) and fewer former Corporate Sectors 26% Nationalities # Home Abroadcorporate-sector professionals took jobs Finance 57% Bulgarian 10 20% 80%in consulting (down from 35% to 32%). Australian 13 23% 77% Israeli 25 24% 76%In geographical terms, we noted a Former corporate sectors professionals 17 24% 76%tendency for Australian, Bulgarian, Israeli Portugueseand Portuguese students to take jobs Canadian 52 29% 71%away from home, while Brazilian, Finance 10% Indian 83 33% 67%Singaporean and Swiss students Consulting 32% French 61 33% 67%were more likely to return to their 12 33% 67%home countries. Corporate Sectors 58%* Greek 42% 58% American 64 43% 57% * Of 199 participants who remained in corporate sectors, 43% (85) stayed in the same sector of industry, while 57% (114) Spanish 21 opted for a change. Italian 27 44% 56% Russian 18 50% 50% An appetite for change Lebanese 27 52% 48% of 838 MBAs: Korean 11 55% 45% Belgian 10 60% 40% 82% 691 changed sector or Turkish 10 60% 40% country or function German 46 61% 39% Chinese 36 69% 31% 23% 190 changed all British 43 70% 30% 25 76% 24% 3 dimensions Dutch Swiss 11 82% 18% 59% 495 changed country Brazilian 31 84% 16% Singaporean 17 88% 12% 40% 333 changed sector (1) For the list of countries per region, * includes nationalities with more than 10 participants 62% please refer to pages 46, 47 and 48. 517 changed function
  9. 9. 14 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 15Compensation trends By country in local currency* # Range Mean Median % of Sign-on Medianby region and country Australia (AUS$) Belgium (€) 12 9 114,250 – 176,600 73,000 – 110,000 144,000 85,100 147,750 83,000 Bonus 83% 78% Sign-on** 20,000 28,000 Brazil (Real) 40 106,000 – 457,000 226,800 220,300 55% 36,600 Canada (CDN$) 15 96,500 – 160,000 125,100 130,000 60% 20,000All of the data below (and indeed in the USA while they increased in France, China (Renminbi) 26 400,000 – 1,100,000 658,300 605,500 85% 167,500INSEAD’s position in the MBA rankings of Germany, Switzerland and the UK and France (€) 35 67,000 – 130,000 87,300 85,000 51% 22,500the world’s media) should be interpreted decreased slightly in Singapore. Germany (€) 35 61,200 – 144,000 95,300 95,000 34% 22,500in the context of widely differing national Hong Kong (HK$) 12 575,000 – 1,636,600 936,500 840,000 42% 310,000employment markets and variations In 2011 58% of students received a sign- Hungary (Forint) 5 17,142,900 – 21,714,300 20,057,100 21,714,300 20% - India (Rupee) 13 850,000 – 5,491,500 3,388,600 3,560,000 62% 500,000in exchange rates. Thus, although the on bonus (fractionally down from 59% Italy (€) 12 70,000 – 90,000 73,500 71,000 92% 15,000average salary decreased slightly in 2011 in 2010) – with a higher percentage Korea (Won) 15 100,000,000 – 241,333,300 129,775,500 126,700,000 93% 35,600,000(and average sign-on bonus increased reported in Korea and Italy and a lower Luxembourg (€) 7 75,000 – 133,000 92,600 80,000 86% 22,500slightly), there are strong regional and percentage in Hungary, Germany, Spain Malaysia (Ringgit) 7 210,000 – 440,000 312,400 320,000 86% 61,000sector-specific counter-trends. and Switzerland. Russia (Rouble) 15 1,810,000 – 5,995,000 3,853,600 3,958,300 73% 1,041,700 Singapore (SG$) 60 36,000 – 205,000 135,300 142,000 52% 30,000Overall, base salaries ranged from Please note that all salary figures quoted South Africa (Rand) 5 455,300 – 900,000 723,900 820,000 40% - Spain (€) 12 58,700 – 82,000 72,800 75,000 33% -€10,600 to €250,000 in 2011. The mean are gross, annual and basic – exclusive of Sweden (SEK) 6 600,000 – 1,800,000 942,000 726,000 50% -was €86,200 (compared to €87,400 all extras such as fringe benefits and sign- Switzerland (SFr) 36 98,500 – 235,000 140,200 135,000 33% 19,000in 2010) and the median was €84,500 on bonuses. Levels of taxation and costs of The Netherlands (€) 25 48,000 – 125,000 84,800 89,000 36% 20,000(compared to €85,000 the previous year). living are as variable as the employment UAE (UAE Dirham) 17 241,000 – 549,100 424,200 440,000 76% 76,100 United Kingdom (£) 116 40,000 – 180,000 77,600 73,000 66% 15,000As far as specific key recruitment markets markets themselves. USA (US$) 36 75,000 – 175,000 124,500 125,000 67% 20,000are concerned, salaries remained stable Total 578 * where at least 5 salaries were reported **where at least 5 sign-on bonuses were reported How salaries have evolved: comparison over 5 years in local currency (median salary)Overall annual mean salary € 86,200Overall annual median salary € 84,500 2011 2010 2009 2008 2007Overall median sign-on bonus* € 17,000 France (€) 85,000 80,000 81,000 72,000 81,000 Germany (€) 95,000 90,000 92,750 95,000 90,000* 58% of salaries overall reported with sign-on bonus Singapore (SG$) 142,000 147,500 140,000 141,300 149,500 Switzerland (SFr) 135,000 132,800 145,000 130,000 135,000 United Kingdom (£) 73,000 70,000 65,000 67,800 65,000By region* USA (US$) 125,000 125,000 120,000 117,700 120,000 # Range € Mean € Median € % of Sign-on Median Exchange rates Bonus Sign-on €**Africa / Near / Middle East 45 24,750 – 144,800 79,800 83,700 67% 15,000 The exchange rates used to compile the tables above are given below.Asia Pacific 159 10,600 – 152,000 76,100 76,000 65% 17,000Central / Eastern Europe 30 30,600 – 143,900 78,900 81,300 57% 22,500 Currency 2011 per €* 2011 per US$* Currency 2011 per €* 2011 per US$*Latin America 53 44,800 – 193,400 91,000 93,100 57% 15,300 Australia (AUS$) 1.3468 0.9403 Russia (Rouble) 40.5048 28.2775North America 51 54,300 – 126,700 90,300 90,500 65% 14,500 Brazil (Real) 2.2595 1.5774 Singapore (SG$) 1.7374 1.2129Northern Europe 10 65,800 – 197,300 99,400 85,500 50% 13,200 Canada (CDN$) 1.3873 0.9685 South Africa (Rand) 9.9057 6.9089Southern Europe 37 48,700 – 137,000 72,100 72,000 51% 15,000 China (Renminbi) 9.1909 6.4165 Sweden (SEK) 9.1482 6.3860Western Europe 269 46,100 – 250,000 93,700 87,500 52% 17,300 **Euro (€) 1 0.6980 Switzerland (SFr) 1.1497 0.8023Total 654 Hong Kong (HK$) 11.1516 7.7924 UAE (Dirham) 5.2602 3.6723 Hungary (Forint) 269.023 188.155 United Kingdom (£) 0.8810 0.6150 India (Rupee) 64.3435 44.9184 USA (US$) 1.4324 1 Korea (Won) 1524.79 1064.47 * Source: Oanda.com (average exchange rate 01/07/2011 - 31/12/2011) Malaysia (Ringgit) 4.2747 2.9843 ** European countries represented in the table above include: Belgium, France, Germany, Italy, Luxembourg, Spain and The Netherlands
  10. 10. 16 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 17Corporate sectors All Corporate sectors2011 was another strong year for After a year of big salary increases in Advertising / Publishing 1.5%recruitment into the corporate sectors, 2010, there was a small fall in the overallwhich accounted for the employment mean salary for the corporate sectors Construction 2%of 38% of INSEAD graduates, compared (from €81,500 to €80,000). However, Consumer & Luxury Goods 26%to 36% in 2010. More specifically, it was there were significant salary increases Corporate Services 4.5%a boom year for high-tech / telecoms in high-tech / telecommunications and Energy / Petroleum 7%(23% of graduates, up from 14% in media / entertainment, while salaries Healthcare 8%2010) and primary industries, such as in construction and energy / petroleumagriculture (7% of graduates, up from decreased. The number of students High-Tech / Telecommunications 23%4% in 2010). receiving sign-on bonuses remained Manufacturing* 10% stable at 51% with the median sign-on Media / Entertainment 3.5%In terms of job functions we saw an bonus increasing slightly (from €14,200 Primary Industries 7%increasing number of students going to €15,000). The highest average sign-oninto corporate planning and business Public Sector / Social Impact 2.5% bonuses within the sector were found indevelopment. There was also a rise in consumer & luxury goods. Transportation 0.5%the number of graduates who created Travel / Leisure Services 4.5%their own company. * includes Aeronautics, Automobiles, Electronic Equipment,In addition, there were some notable Fabricated Metal Products, Miscellaneous Manufacturinggeographical trends. The percentage of How did they find their job? Products, Non Electric Machines.students going to work in the corporate Top functional areas Total 286 (92% of total Corporate Sectors) INSEAD facilitated activitiessectors in Latin America doubled in2011 (from 4% to 8%). Meanwhile the Career Services / Alumni network 164 53% Consulting 8%equivalent percentage fell significantly Summer job 6 2% Corporate Planning / Business Development 23%for Southern Europe (from 8% in 2010 Finance 7% Graduate facilitated activitiesto 2% in 2011). Within Asia Pacific, India General Management 21%accounted for a full 20% of those going Pre-INSEAD employer 34 11% Marketing / Sales 18%to work in the corporate sectors. Own contacts 72 23% Production / Operations Management 4% Creating own company 34 11% Research & Development 1% TOTAL 310 100% Rotational Programmes 8% Technology Management 2% “INSEAD graduates consistently demonstratetackle our varied and awareness, and analytical skills set needed to the creativity, cultural complex challenges. These skills and values have allowed INSEAD graduates to succeed both within Global Strategy Group, and in line management positions with Samsung affiliates. Samsung Global Strategy Group ”
  11. 11. 18 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 19 Corporate Sectors by region Africa / Near / Middle East 5% Asia Pacific 31% Central / Eastern Europe 3% Latin America 8% North America 11% Northern Europe 1% Southern Europe 2% Western Europe 39% Within Asia Pacific Total 95 China 15% Hong Kong 7% India 20% Korea 13% Singapore 35% Other* 10% * includes countries where fewer than 5 jobs were reported: Indonesia, Japan, Pakistan, Sri Lanka, Thailand and Vietnam. Within Europe Total 142 France 18% Germany 13% Luxembourg 4% Russia 4% Switzerland 17% The Netherlands 6% United Kingdom 23% Other* 15% * includes countries where fewer than 5 jobs were reported: Austria, Belgium, Bulgaria, Greece, Hungary, Ireland, Italy, Kazakhstan, Norway, Romania, Spain, Sweden and Turkey.
  12. 12. 20 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 21Corporate Sector salaries By region*and sign-on bonuses by Africa / Near / Middle East # 14 Range € 43,400 – 94,120 Mean € 68,100 Median € 67,400 % of Sign-on Bonus 29% Median Sign-on €** -region and country Asia Pacific Central / Eastern Europe 71 9 10,600 – 133,900 30,600 – 120,000 64,400 66,500 66,000 63,000 58% 67% 17,000 20,000 Latin America 22 44,800 - 133,300 87,100 86,700 41% 12,700 North America 25 54,300 – 110,000 83,000 83,300 64% 14,500Overall annual mean salary € 80,000 Southern Europe Western Europe 8 91 48,700 – 137,000 46,100 – 167,300 83,700 92,200 75,000 87,500 62% 45% 15,000 15,000Overall annual median salary € 79,800 TOTAL 240Overall median sign-on bonus* € 15,000* 51% of corporate sector salaries were reported with sign-on bonus Within Europe* France 16 67,000 – 109,800 86,100 85,750 25% -By sector* Germany 14 70,000 – 115,000 92,000 91,500 50% 15,000 Luxembourg 5 75,000 – 90,000 81,000 80,000 100% 25,000 # Range € Mean € Median € % of Sign-on Median Russia 5 43,400 – 120,000 81,600 80,600 80% - Bonus Sign-on €** Switzerland 22 82,400 – 167,300 114,400 110,800 27% 9,200Construction 6 30,600 – 125,500 88,000 95,000 50% - The Netherlands 7 48,000 – 100,000 74,900 75,000 29% -Consumer & Luxury Goods 65 41,500 – 167,300 83,100 79,600 62% 20,500 United Kingdom 25 46,100 – 123,300 85,300 80,600 64% 11,500Corporate Services 8 18,700 – 142,200 104,600 111,600 12% - TOTAL 94Energy / Petroleum 18 43,400 – 119,500 73,400 69,900 44% 15,800Healthcare 19 37,200 – 129,700 77,900 76,000 68% 14,500High-Tech / Within Asia Pacific*Telecommunications 51 20,800 – 133,300 75,200 80,000 55% 10,400Manufacturing 28 10,600 – 126,700 81,500 84,000 46% 14,400 China 13 45,200 – 100,000 66,000 62,400 77% 19,800Media / Entertainment 9 46,100 – 115,300 81,300 79,600 33% - India 7 12,700 – 81,800 45,000 45,400 57% -Primary Industries 19 28,200 – 125,500 86,000 83,200 42% 14,500 Korea 10 63,000 – 79,600 74,800 76,000 100% 21,700Travel / Leisure Services 11 12,700 – 121,300 78,200 74,900 45% 9,300 Singapore 28 20,800 – 115,300 66,300 67,750 39% 14,400TOTAL 234 TOTAL 58By top function* Within Africa / Near / Middle East* # Range € Mean € Median € % of Sign-on Median United Arab Emirates 5 47,500 – 90,700 70,400 74,000 20% - Bonus Sign-on €**Consulting 21 54,300 – 120,000 84,100 80,600 86% 19,500 TOTAL 5Corporate Planning /Business Development 61 12,700 – 167,300 83,300 83,000 39% 14,700Finance 16 36,500 – 110,000 74,600 80,400 75% 17,200 Within North America*General Management 41 26,800 – 137,000 76,700 75,000 37% 14,500 Canada 7 69,800 – 94,000 81,800 83,200 43% -Marketing / Sales 44 10,600 – 142,200 78,200 75,500 52% 15,000 United States 18 54,300 – 110,000 83,500 83,300 72% 14,500Production /Operations Management 9 20,800 – 126,700 69,500 69,800 22% - TOTAL 25Rotational Programmes 25 45,400 – 123,300 86,200 82,400 72% 14,700Technology Management 5 72,000 – 107,100 86,900 80,600 60% - Within Latin America*TOTAL 222 Brazil 18 44,800 – 133,300 88,900 92,000 39% 16,900* Where at least 5 salaries were reported** Where at least 5 sign-on bonuses were reported TOTAL 18
  13. 13. 22 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 23ConsultingAfter an unusually strong year in Within Europe Total 1832010, when an extraordinary 44% of How did they find their job?INSEAD graduates went into consulting, Belgium 4% INSEAD facilitated activitiesrecruitment returned to normal levels in France 9%2011, with 39% joining this sector. Career Services / Alumni network 162 53% Germany 11% Summer job 11 3.5%There were no major regional surprises Italy 7%this year, except perhaps that the Graduate facilitated activities Russia 5%percentage of students going to France fell Pre-INSEAD employer 122 38% Spain 3%slightly, while the percentage going to the Own contacts 14 4% Switzerland 7%UK, Australia and Malaysia increased. Creating own company 5 1.5% The Netherlands 9%Contrary to the overall trend, the mean TOTAL 324 100% United Kingdom 30%and median salaries and sign-on bonuses Other* 15%for the consulting sector increased slightly * includes countries where fewer than 5 jobs were reported:in 2011. Consulting salaries increased Austria, Czech Republic, Denmark, Finland, Greece, Hungary, Norway, Poland, Portugal, Romania, Sweden, Turkey and Ukraine.particularly in Australia, Singapore andSwitzerland, but decreased in Canadaand Brazil. The percentage of students Within Asia Pacific Total 56reporting a sign-on bonus remained stablecompared to the previous year, at 71%. Australia 25% China 23% Malaysia 12% Singapore 29% Other* 11% By region * includes countries where fewer than 5 jobs were reported: India, Indonesia, Hong Kong and Korea. 11% Africa / Near / Middle East 17% Asia Pacific 6% Central / Eastern Europe 8% Latin America “With a broad diversity ofBCG. Here we INSEAD is anfind many MBA recruitment pool for backgrounds, consistently important 7% North America exceptional candidates with sharp analytical minds and strong 2% Northern Europe leadership capabilities. BCG is looking for smart people who have 8% Southern Europe the drive, passion, curiosity, and humility to work in client service – 41% Western Europe and that is exactly who INSEAD attracts. The Boston Consulting Group ”
  14. 14. 24 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 25Consulting salaries and sign-onbonuses by region and countryOverall annual mean salary € 91,100Overall annual median salary € 89,700Overall median sign-on bonus* € 17,000* 71% of consulting salaries were reported with sign-on bonusBy region* # Range € Mean € Median € % of Sign-on Median Bonus Sign-on €**Africa / Near / Middle East 26 67,700 – 108,300 88,500 94,100 100% 15,100Asia Pacific 47 41,700 – 152,000 90,600 90,500 85% 14,700Central / Eastern Europe 18 47,700 – 143,900 88,800 94,000 55% 27,500Latin America 24 50,700 – 193,400 96,500 93,100 79% 15,400North America 19 67,300 – 123,100 96,900 97,600 79% 14,500Northern Europe 5 78,900 – 90,100 83,800 81,000 60% -Southern Europe 25 55,000 – 82,000 70,000 72,000 56% 12,500Western Europe 112 61,200 – 250,000 95,200 89,000 61% 18,400TOTAL 276Within selected countries* # Range € Mean € Median € % of Sign-on Median Bonus Sign-on €**Australia 12 85,300 – 131,800 107,500 110,300 83% 14,900Belgium 8 73,000 – 110,000 85,700 84,000 87% 28,000Brazil 18 86,700 – 193,400 104,900 93,300 78% 15,300Canada 6 94,000 – 108,500 99,500 97,600 67% -China 10 67,900 – 124,400 88,500 87,700 100% 18,200France 14 72,000 – 110,000 87,700 85,000 86% 25,000Germany 16 61,200 – 144,000 100,200 97,000 19% -Italy 11 70,000 – 75,000 72,000 70,000 91% 12,500Malaysia 7 49,200 – 103,200 73,250 75,000 86% 14,300Russia 9 93,000 – 143,900 100,800 95,000 78% 30,000Singapore 13 50,200 – 106,700 89,100 94,100 77% 14,400Spain 6 72,000 – 82,000 75,300 75,000 17% -Switzerland 11 97,000 – 171,500 118,900 117,100 27% -The Netherlands 15 78,000 – 125,000 90,400 89,000 40% 21,500United Arab Emirates 12 71,000 – 108,300 89,200 94,100 100% 16,400United Kingdom 45 78,300 – 161,300 89,600 86,400 82% 17,300USA 13 67,300 – 123,100 95,700 94,100 85% 10,900TOTAL 236* Where at least 5 salaries were reported** Where at least 5 sign-on bonuses were reported
  15. 15. 26 INSEAD MBA Graduates 2011 INSEAD MBA Graduates 2011 27Finance By region 6% Africa / Near / Middle EastThe upward trend towards pre-crisis The biggest fall in starting salaries 30% Asia Pacificlevels of finance recruitment continues – occurred in Asia Pacific, where thefrom 17% of INSEAD graduates in 2009 median was down to €78,000 from 3% Central / Eastern Europeto 20% in 2010 and 23% in 2011. Within €93,000. However, this may be accounted 6% Latin Americathe sector, there was a particularly big for by the geographical shift towards 6% North Americaincrease in the percentage of students China and India. In India, the medianwho found jobs in private equity, which salary is particularly low for this sector 3% Southern Europenow accounts for 17% of recruitment in at €59,600. In contrast, finance salaries 44% Western Europefinance. remained stable in Western Europe and Singapore and even increased slightly inThe majority of these appointments in North America and Hong Kong.private equity were in the UK. Indeed,the UK accounted for 57% of all finance By divisionjobs accepted by INSEAD graduates inEurope. This is nothing new. However, How did they find their job? Asset Management 10%the pattern in Asia was particularly Financial Services 18% INSEAD facilitated activitiesinteresting in 2011. While finance Investment Banking 46%recruitment fell in Singapore, it increased Career Services / Alumni network 90 47% Private Equity 17%in Hong Kong and, more notably, in China Summer job 16 9% Venture Capital 9%and India. Graduate facilitated activitiesAnother distinct trend of 2011 was that Pre-INSEAD employer 23 12% By top job titlefewer students obtained senior roles, Own contacts 50 26%such as VP or director in finance. In line Analyst 5% Creating own company 12 6%with this fact, annual mean and median Associate 51%starting salaries dropped across all the TOTAL 191 100% Manager / Investment Manager 25%finance sub-sectors. In addition, only 46% Vice President 3%of students (compared to 51% in 2010)reported receiving a sign-on bonus and, Director / Executive 16%when awarded, sign-on bonuses werelower on average than last year. Within Europe Total 101 * includes countries France 8% where fewer than 5 jobs were reported: Austria, Belgium, Bulgaria, Georgia, Germany 6% Greece, Luxemburg, Romania, Russia, Sweden, United Kingdom 57% Switzerland, Spain, The Netherlands, Other* 29% Turkey and Ukraine.“INSEAD remains a leading source needs for future leaders.due to thehigh quality students that meet our for our Associate hiring INSEAD * includes countries where Within Asia Pacific Total 57 China 12%students have an international mind-set and entrepreneurial flair which fewer than 5 jobs were reported: Indonesia, ’’ Japan, Korea. Hong Kong 21%corresponds with our culture, values and footprint across the bank. India 14%Standard Chartered Bank Singapore 42% Other* 11%

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