INSEAD Career Services,Europe & Asia Campuses 92% of our 2011 graduates reported employment within 3 months Graduates starting own ventures rose from 3% to 8% in 2011... • Average GMAT
Trang 12011 Employment Statistics A World of Talent.
Trang 2• Companies which hired summer interns in 2011 40
Trang 3Highlights of 2011INSEAD’s graduating classes were as
diverse as ever – with 86 nationalities, 33% women and an average of 5.5 years’
experience across many sectors
Graduates’ career destinations were as diverse as their origins: 41% Western Europe, 25% Asia Pacific (both roughly the same as last year), 9% North America (up from 8% last year), 7% Africa/
Middle East and 7% Latin America The most significant increases were in those opting for jobs in Brazil and India
Perhaps the most interesting increase, however, was in the number of new graduates starting their own company –
up from 3% in 2010 to 8% in 2011 This reflects INSEAD’s strong reputation and range of activities in entrepreneurship – including, in 2012, the first
“Entrepreneurial Careers Corner” at our Career Fairs
In 2011, 82% of our graduates changed their career in terms of job function, geography and/or industry (and 23% changed all three) Base salaries reflected the wide range of career destinations and currencies – ranging from €10,600 to €250,000 And though mean salaries decreased slightly across most sectors, mean sign-on bonuses were up slightly
Our targeted CV books continue to play
an important role, as do our other recent innovations, such as use of social media and support for student clubs’ “career treks” These are just a few of the initiatives that contributed to a successful year despite a challenging employment market
From Career Services
A school that mirrors the
global economy
After a year of record-breaking success
in 2010, we watched the economic storm
clouds gather over Europe in 2011 with
some trepidation But the beauty of INSEAD
is that it is a truly global school with truly
global employment opportunities While
recruitment to Southern Europe fell, we
saw a surge in the BRIC countries, a small
increase in North America and stability in
Western Europe As a result, we were only
just short of our 93% record – with 92% of
graduates reporting employment within 3
months of graduation across 64 countries
and 455 companies
Another global trend reflected in our
statistics is the increased use of social
media by all involved in the recruitment
process In fact, we’re pleased to report,
Careers_insead@twitter is now avidly
followed throughout the world!
In 2011 too, we did set one new record A staggering 98% of graduates responded to our survey
But, as ever, this report is really a testimony
to the talent of INSEAD students, the strength of our Corporate Partners and the power of our global alumni network
We would like to thank them all for their contribution to a near-record year in 2011
INSEAD Career Services,Europe & Asia Campuses
92% of our
2011 graduates reported
employment within 3 months
Graduates starting own ventures rose from 3% to 8% in 2011
Trang 4A World of Talent
One school, two campuses
and two intakes
The MBA programme runs in parallel on
two campuses in Europe (Fontainebleau,
France) and Asia (Singapore) Two
classes of approximately 500 participants
graduate every year: in July and December
respectively This gives employers the
opportunity to recruit twice during the year
The most international
business school
If you are a recruiter looking for executives
who are comfortable working across national
and linguistic borders, both sensitive
to other cultures and proficient in local
business practices, then it is only natural to
partner with INSEAD Our uniquely diverse
environment attracts young professionals
with a solid international experience They
then learn from each other’s differences
and similarities, as well as from our global
curriculum and faculty, before moving on to
pursue careers throughout the world
A first-class business school
We attract some of the most talented and
ambitious young professionals in the world
Drawn to the school by our world-class
faculty and unparalleled international alumni
network, they leave INSEAD to create value
and growth in companies across the globe
• Average GMAT score (2011): 703
• Major international rankings: regularly
ranked in the top ten business schools
worldwide since 2000; number 1 in
Bloomberg Businessweek’s 2010
ranking of international business
schools (non US schools) number 2
in Forbes’ ranking of one-year MBA
programmes outside the US in 2011 and
number 6 in the Financial Times’ Global
An intensive preparation for
a successful career
INSEAD graduates do not just offer recruiters the latest business insights They bring stamina, teamwork, entrepreneurialism, organisational skills and effectiveness in the face of pressure to the companies they join
At INSEAD we develop the capacity to master
a large amount of material in a short period
of time In this high-pressure environment,
we foster collaborative skills through group work in diverse teams
• The one-year programme provides depth knowledge of conceptual models and analytical tools in Accounting, Entrepreneurship, Economics, Finance, Marketing, Organisational Behaviour and Strategy
in-Dual-Degree Programme between INSEAD and the John Hopkins University Paul H Nitze School of Advanced International Studies (SAIS)
The INSEAD-SAIS Dual-Degree Programme, launched in 2011, prepares students for careers that combine international relations and business administration Students admitted to both programmes are able
to complete the two degrees in two and a half years, instead of three years required
to complete the degrees separately, by spending one and a half years at SAIS and one year at INSEAD
Over
71%
of participants transfer between campuses during the year
The top five nationalities
3+
languages on graduation
Our campuses in Europe and Asia provide graduates with a global
perspective
Trang 5Africa / Near / Middle East 11%
Trang 6Disclaimer: The information included in this report was provided by both MBA graduates and recruiters and has not been
2011 jobs by sector group
2011 jobs by function
Full-time jobs and
compensation trends
Overview
Of the 1009 participants in the two
classes which completed the INSEAD
MBA programme in July and December
2011, 992 (98%) responded to the Career
Services survey and 24 reported not
having started their job search
Of these 968 graduates actively looking
for a job, 888 (92%) reported having
received at least one job offer 3 months
after graduation, 838 (87%) gave us
details of their career decision and 654
(67%) reported full salary information,
on which the salaries section of the
following report is based
How did they find their job?
INSEAD facilitated activities
Career Services / Alumni network 426 51%
Public Sector / Social Impact 1%
Travel / Leisure Services 1%
Trang 7INSEAD’s reputation as “The Business
School for the World” is built on the
diversity of our graduates’ career
destinations and the global reach of
our alumni network – over 43,000 in
160 countries In 2011, our record was
as impressive as ever More than 450
companies in 64 countries recruited
our graduates
Our twelve-year presence in Singapore
makes us notably strong in Asia Pacific
In 2011, as in the previous year, 25% of
our students went to work in this region
We saw a particularly big increase in
those choosing to work in India – from
6% in 2010 to 14% in 2011
On the other side of the world, there
was a slight rise in the percentage of
graduates recruited to jobs in North
America – 9% compared to 8% in 2010 –
perhaps reflecting economic recovery in
the region In contrast, but also reflecting
the pattern of the global economy,
there were significant decreases in the
numbers working in Italy, Spain and
Portugal Only 5% of graduates obtained
jobs in Southern Europe, compared to
7% in 2010
The numbers recruited to Western Europe and Latin America remained stable in comparison with last year A decrease in France was balanced by increases in UK and Germany And Brazil was by far the most popular destination
in Latin America, accounting for 45 students (compared to 27 in 2010)
Job Locations
Companies in 64 countries turned to INSEAD to
Trang 8Region or country changes
Nationalities # Home Abroad
Regions # Home Abroad
Nationalities: who stays home and who goes abroad(1)
Within selected nationalities*
(1) For the list of countries per region, please refer to pages 46, 47 and 48.
* includes nationalities with more than 10 participants
Career changes
In 2011, true to past form, INSEAD
MBA participants demonstrated their
extraordinary capacity for change An
impressive 82% of graduates succeeded
in changing their function, sector or
country of work – and 23% changed all
three at once
The statistics reveal a few new trends
More former finance professionals joined
the corporate sectors (up from 20% in
2010 to 26% in 2011) and fewer went
into consulting (down from 25% to 17%)
Similarly, we saw more people returning
to the corporate sector (up from 55% the
previous year to 58%) and fewer former
corporate-sector professionals took jobs
in consulting (down from 35% to 32%)
In geographical terms, we noted a
tendency for Australian, Bulgarian, Israeli
and Portuguese students to take jobs
away from home, while Brazilian,
Singaporean and Swiss students
were more likely to return to their
An appetite for change
* Of 199 participants who remained in corporate sectors, 43%
(85) stayed in the same sector of industry, while 57% (114) opted for a change.
Southern Europe 87
Africa / Near / Middle East 82 Central / Eastern Europe 67 Northern Europe 14
Trang 9# Range Mean Median % of Sign-on Median
Korea (Won) 15 100,000,000 – 241,333,300 129,775,500 126,700,000 93% 35,600,000
Malaysia (Ringgit) 7 210,000 – 440,000 312,400 320,000 86% 61,000 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% 30,000 South Africa (Rand) 5 455,300 – 900,000 723,900 820,000 40% -
-Switzerland (SFr) 36 98,500 – 235,000 140,200 135,000 33% 19,000 The Netherlands (€) 25 48,000 – 125,000 84,800 89,000 36% 20,000 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% 15,000
Total 578
By country in local currency*
The exchange rates used to compile the tables above are given below
by region and country
All of the data below (and indeed
INSEAD’s position in the MBA rankings of
the world’s media) should be interpreted
in the context of widely differing national
employment markets and variations
in exchange rates Thus, although the
average salary decreased slightly in 2011
(and average sign-on bonus increased
slightly), there are strong regional and
sector-specific counter-trends
Overall, base salaries ranged from
€10,600 to €250,000 in 2011 The mean
was €86,200 (compared to €87,400
in 2010) and the median was €84,500
(compared to €85,000 the previous year)
As far as specific key recruitment markets
are concerned, salaries remained stable
in the USA while they increased in France, Germany, Switzerland and the UK and decreased slightly in Singapore
In 2011 58% of students received a
sign-on bsign-onus (fractisign-onally down from 59%
in 2010) – with a higher percentage reported in Korea and Italy and a lower percentage in Hungary, Germany, Spain and Switzerland
Please note that all salary figures quoted are gross, annual and basic – exclusive of all extras such as fringe benefits and sign-
on bonuses Levels of taxation and costs of living are as variable as the employment markets themselves
Overall annual mean salary € 86,200
Overall annual median salary € 84,500
Overall median sign-on bonus* € 17,000
# Range € Mean € Median € % of Sign-on Median
* 58% of salaries overall reported with sign-on bonus
* where at least 5 salaries were reported **where at least 5 sign-on bonuses were reported
* Source: Oanda.com (average exchange rate 01/07/2011 - 31/12/2011)
** European countries represented in the table above include: Belgium,
Trang 10Total 286 (92% of total Corporate Sectors)
Top functional areas All Corporate sectors
“ INSEAD graduates consistently demonstrate the creativity, cultural awareness, and analytical skills set needed to tackle our varied and 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
Corporate sectors
2011 was another strong year for
recruitment into the corporate sectors,
which accounted for the employment
of 38% of INSEAD graduates, compared
to 36% in 2010 More specifically, it was
a boom year for high-tech / telecoms
(23% of graduates, up from 14% in
2010) and primary industries, such as
agriculture (7% of graduates, up from
4% in 2010)
In terms of job functions we saw an
increasing number of students going
into corporate planning and business
development There was also a rise in
the number of graduates who created
their own company
In addition, there were some notable
geographical trends The percentage of
students going to work in the corporate
sectors in Latin America doubled in
2011 (from 4% to 8%) Meanwhile the
equivalent percentage fell significantly
for Southern Europe (from 8% in 2010
to 2% in 2011) Within Asia Pacific, India
accounted for a full 20% of those going
to work in the corporate sectors
After a year of big salary increases in
2010, there was a small fall in the overall mean salary for the corporate sectors (from €81,500 to €80,000) However, there were significant salary increases
in high-tech / telecommunications and media / entertainment, while salaries
in construction and energy / petroleum decreased The number of students receiving sign-on bonuses remained stable at 51% with the median sign-on bonus increasing slightly (from €14,200
to €15,000) The highest average sign-on bonuses within the sector were found in consumer & luxury goods
INSEAD facilitated activities
Career Services / Alumni network 164 53%
Production / Operations Management 4%
Research & Development 1%
Rotational Programmes 8%
Technology Management 2%
How did they find their job?
* includes Aeronautics, Automobiles, Electronic Equipment, Fabricated Metal Products, Miscellaneous Manufacturing Products, Non Electric Machines.
Trang 11Corporate Sectors by region
Within Asia Pacific
* includes countries where fewer than 5 jobs were reported:
Indonesia, Japan, Pakistan, Sri Lanka, Thailand and Vietnam.
* includes countries where fewer than 5 jobs were reported:
Austria, Belgium, Bulgaria, Greece, Hungary, Ireland, Italy, Kazakhstan, Norway, Romania, Spain, Sweden and Turkey.
Trang 12Within Africa / Near / Middle East*
Overall annual mean salary € 80,000
Overall annual median salary € 79,800
Overall median sign-on bonus* € 15,000
By top function*
Corporate Sector salaries
and sign-on bonuses by
region and country
# Range € Mean € Median € % of Sign-on Median
Within Latin America*
* 51% of corporate sector salaries were reported with sign-on bonus
* Where at least 5 salaries were reported
Trang 13Within Europe Total 183
Total 56
Within Asia Pacific
“ With a broad diversity of backgrounds, INSEAD is an important MBA recruitment pool for BCG Here we consistently find many exceptional candidates with sharp analytical minds and strong leadership capabilities BCG is looking for smart people who have the drive, passion, curiosity, and humility to work in client service – and that is exactly who INSEAD attracts ”
The Boston Consulting Group
Consulting
After an unusually strong year in
2010, when an extraordinary 44% of
INSEAD graduates went into consulting,
recruitment returned to normal levels in
2011, with 39% joining this sector
There were no major regional surprises
this year, except perhaps that the
percentage of students going to France fell
slightly, while the percentage going to the
UK, Australia and Malaysia increased
Contrary to the overall trend, the mean
and median salaries and sign-on bonuses
for the consulting sector increased slightly
in 2011 Consulting salaries increased
particularly in Australia, Singapore and
Switzerland, but decreased in Canada
and Brazil The percentage of students
reporting a sign-on bonus remained stable
compared to the previous year, at 71%
By region 11% Africa / Near / Middle East 17% Asia Pacifi c
6% Central / Eastern Europe
How did they find their job?
INSEAD facilitated activities
Career Services / Alumni network 162 53%
* includes countries where fewer than 5 jobs were reported: India, Indonesia, Hong Kong and Korea.