Career report 2016INterNatIoNaL MBA2015-2016 Graduates
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
2015-2016 eMPloyers 14
I. Recruit at IE
II. Recruiting Partners
Ie InternatIonal offIces 19
Contents
In 2016, the world’s most advanced economies continued to show lackluster growth. We’ve seen huge political shakeups - such as the United Kingdom’s decision to leave the European Union - directly impact the global economy and foster uncertainty for the future. But despite these dark times, Talent and Careers rose to the challenge of generating opportunities for IE students around the world.
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, 89% of our 2015-2016 graduates secured a job within three months of graduation, most notably in the technology industry.
In keeping with trends, approximately 38% of the class joined companies in consulting and financial services. However, we saw a dramatic upsurge in placements in the technology industry - 25% compared to 16% last year - 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 38% landing jobs, while a growing number accepted a position in consulting (18%) and finance/accounting (16%).
Despite political ambiguity in the region, 42% of our graduates decided to work in Europe and 25% settled in Latin America. We also saw an increase in placements throughout North America and Asia. In terms of career changes, 59% of our students chose to work in a different job function, 34% moved to a new country and 29% decided on both a change in function and country.
These new graduates joined the ranks of more than 55,000 IE alumni based in more than 100 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 big companies like 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 in 2017 as we dig deeper to bring out our students’ fullest potential and create value for all types of industries and communities across the globe.
Market INsIGhts
IMBa Career Report 2016 / 5
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 90 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
age
30%FEMALE
70%MALE
29YEARS OLDAVERAgE
80%RANgE26 - 33
5 YEARS AVERAgE
work exPerIence
70-75 NATIONALITIES
90-92% INTERNATIONAL
STUDENTS
geograPhIc dIstrIButIon
Industry sectors
IMBa Career Report 2016 / 7
15% NORTH
AMERICA
25% LATIN
AMERICA
35% EUROPE
10% AFRICA &MIDDLE
EAST
15% ASIA
2% OTHER
4% LAW, AUDITINg & TAX
4% MEDIA ENTERTAINMENT
5% PHARMA, BIOTECH, HEALTH
5% gOVERNMENT, NgOs
10% TECHNOLOgY & TELECOM
20% INDUSTRY, ENERgY & CONSTRUCTION
15% CONSUMER gOODS
15% CONSULTINg
20% FINANCIALSERVICES
INterNatIoNaL MBApLaCeMeNt statIstICs
I. 2016 results
total nuMBer of students 562
Respondents to the Careers Survey 88%
Job Seekers 89%
Employment 3 Months after graduation 89%
source of JoB offers
IE Talent and Careers 41%
graduate Facilitated 59%
JoB oPPortunItIes and eMPloyMent statIstIcs
Career management 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.
II. career choIces
The diversity of our student body sees job placements in all types of companies across a wide range of industries, be they multinationals, SMEs, private or public sector. This poses a number of challenges for Talent and Careers but it also allows us to serve a range of recruiters worldwide, making sure they always find a pool of qualified candidates among our students.
For the first year, technology is the number one industry of choice, representing 25% of placements as growing trends in big data, augmented reality and cloud migration continue to generate fresh opportunities for our students. More traditional sectors of financial services and consulting still rank highly, each making up 19% of all placements, while interest in consumer goods has dropped slightly to 10%.
Marketing and sales roles continue to show impressive growth, now making up 38% of all placements compared to 29% the previous year. Consulting and finance/accounting still contribute to the top three, with 18% and 16% respectively.
IE Business School’s commitment to growing businesses on an international level is reflected in the number of students placed in Europe (42%), Latin America (25%) and North America (11%), as well as significant representation in Asia, the Middle East and Africa. This is in no small part thanks to our growing relationships with international recruiters and a more diverse class profile, cultivated by our network of 30 IE representative offices on all continents.
Technology
Consulting
Financial Services
Consumer goods
Manufacturing
Healthcare
Petroleum/Energy
Media/Entertainment
Real Estate
government/NgO
Transportation
Other
total
25%
19%
19%
10%
7%
5%
4%
3%
3%
2%
2%
2%
100%
Europe (EU)
Central and South America
North America
Middle East & Africa
Asia Pacific
Europe (non EU)
Oceania
total
42%
25%
11%
10%
9%
3%
1%
100%
Marketing/Sales
Consulting
Finance/ Accounting
general Management
Operations/Logistics
Information Technology
Other
Human Resources
total
38%
18%
16%
12%
10%
3%
2%
0%
100%
PlaceMent By Industry PlaceMent By functIon PlaceMent By regIon
IMBa Career Report 2016 / 9
III. salarIes
The International MBA Class of 2016 accepted job offers in a wide variety of industries, functional areas and countries, which accounts for the diversity of salaries. All salaries are reported in euros, without taking into consideration cost of living, taxes or purchasing power parity (PPP).
Technology
Consulting
Financial Services
Consumer goods
Manufacturing
Healthcare
Petroleum/Energy
Media/Entertainment
Real Estate
government/NgO
Transportation
Other
total
25%19%19%10%7%5%4%3%3%2%2%2%
100%
PlaceMent By Industry
76,719 81,352
78,620 69,208 70,745
70,128 75,152 81,857 70,186
70,433 63,895 61,563 75,846
151,120 142,583 135,200 106,200
121,150 104,900
106,666 156,000 90,000 120,100
119,580 78,250
156,000
% average Max
Marketing/Sales
Consulting
Finance/Accounting
general Management
Operations/Logistics
Information Technology
Other
Human Resources
total
38%18%16%12%10%3%2%0%
100%
PlaceMent By functIon
72,308 79438 81,163
79,748 76,335 58,214 69,167
60,000 75,846
130,000 142,583 135,200 156,000
151,120 85,000
85,000 74,000
156,000
% average Max
Europe (EU)
Central and South America
North America
Middle East & Africa
Asia Pacific
Europe (non EU)
Oceania
total
42%25%11%
10%9%3%1%
100%
PlaceMent By regIon
71,625 68,512 95,998 86,656 70,708
102,517 80,000
75,846
120,000 142,000 156,000 142,583 102,100
135,200 85,000 156,000
% average Max
IMBa Career Report 2016 / 11
Iv. Post MBa career changes
A large number of our students come to IE with the aim of making a change in function or region. MBA’s are a great tool for students who look for changes in their professional career as international exposure can help open opportunities in other areas or other countries. Although in some regions, such as Europe, this is becoming more difficult due to visa regulations.
59%STUDENTS
WHO CHANgED FUNCTION
34%STUDENTS
WHO CHANgED COUNTRY
29%STUDENTS WHO
CHANgED FUNCTION & COUNTRY
IMBa Career Report 2016 / 13
INterNatIoNaL MBa CLass of 2015/2016 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.
Talent and 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
MeetIng the students• Business competitions• Networking and student club
activities• Seminars and workshops
onlIne/InternatIonally• Job Bank• CV Books• Calls for applications• Online presentations/fairs• Interviews (videoconference)
on caMPus• Company presentations• Career fair• Interviews
II. recruItIng Partners
Over 100 companies attended the IE Talent Forum organized on the IE campus and more than 115 offered on-campus presentations. 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 online job board. 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 early stages of the MBA.
toP 15 recruItIng coMPanIes
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5
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7
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10
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IMBa Career Report 2016 / 15
AB INBEV
ABBVIE
AC HOTELS BY MARRIOTT
ACCENTURE
AJE
ALFA CONSULTINg WORLDWIDE
ALTAMIRA ASSET MANAgEMENT
ALTRAN BUSINESS CONSULTINg
AMADEUS IT gROUP
AMAzON
AON
AVON
AXA SEgUROS gENERALES
BBVA
BOSCH
BQ
BRITISH AMERICAN TOBACCO (BAT)
BTS
BURgER KINg
C1 CONSULTINg
CARREFOUR
CEMEX
COLgATE - PALMOLIVE
COSENTINO
CREDIT SUISSE
CUMBRIA
DELOITTE
DELTA PARTNERS
DHL
EDP RENOVáVEIS
EL TENEDOR
ELECTROLUX
ELI LILLY
ENzEN gLOBAL
EQUIFAX
EVERIS
EY
gAS NATURAL FENOSA
gSK
gONVARRI STEEL SERVICES
gRUPO LOgISTA
gRUPO SANJOSE
gRUPO SANTANDER
HEINEKEN
HEWLETT PACKARD ENTERPRISE
HILTI
HOTEL BEDS
HUAWEI
IBM
IMPERIAL TOBACCO
INDRA BUSINESS CONSULTINg
INTERNATIONAL COMMITTEE OF THE RED CROSS (ICRC)
J. gARCíA CARRIóN
JOHNSON & JOHNSON
KONE
KPMg
LIDL
LLORENTE & CUENCA
LOgISTA
LONDON CONSULTINg gROUP
MAHOU SAN MIgUEL
MERCK, SHARP AND DOHME
METRO/MAKRO
MINSAIT
MONDELēz INTERNATIONAL
MONITOR DELOITTE
NATIONALE-NEDERLANDEN
NFOQUE ADVISORY SERVICES
NH HOTEL gROUP
ODgERS BERNDTSON MANAgEMENT CONSULTANTS
ORANgINA SCHWEPPES
P&g
PERNOD RICARD
PHILIP MORRIS INTERNATIONAL
PHILIPS
POLYgLOT gROUP
PROSEgUR
PSA PEUgEOT-CITROëN
PWC
SACYR
SAICA
SAMSUNg
SANDHILLS EAST
SECURITAS DIRECT
SEUR
SUNEDISON
THE KRAFT HEINz COMPANY
TOURICO HOLIDAYS
UBS
UNIQLO
UPS
zURICH SEgUROS
coMPanIes In attendance at the talent foruMs In octoBer 2015 and aPrIl 2016
AB INBEV
ABBVIE
ALFA CONSULTINg
ALTAIR MANAgEMENT CONSULTANTS
ALTAMIRA ASSET MANAgEMENT
ALTRAN
AMADEUS
AMAzON
APPLE
AVON
AYESA
BERTELSMANN
BIzCORPS
BNP PARIBAS
BOSTON CONSULTINg gROUP
BP OIL ESPAñA
BQ
BRF
BURgER KINg
CAF - CORPORACION ANDINA DE FOMENTO
CAMPOFRIO FOOD gROUP
CARREFOUR
CEPSA
CITI MARKETS & BANKINg
CREDIT SUISSE
DELOITTE
DELTA PARTNERS gROUP
DEUTSCHE BANK
DEUTSCHE POST DHL
EBRD (EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT)
ELI LILLY
ENDEAVOR
ENVIRONMENTAL DEFENSE FUND (EDF)
ENzEN gLOBAL
EY
EUROPEAN UNION PERSONNEL SELECTION OFFICE
FCC
FOSUN INTERNATIONAL
gAS NATURAL
gBS FINANzAS
gE EMEA
gENERALI
gRANT THORNTON
gRUPO COSENTINO
gSK
HEINEKEN
HEWLETT PACKARD
HILTI
HUAWEI
IBM
IFC (WORLD BANK)
IMPERIAL TOBACCO gROUP
INDRA BUSINESS CONSULTINg
INFOSYS
INTERAMERICAN DEVELOPMENT BANK
INTERNATIONAL COMMITTEE OF THE RED CROSS (ICRC)
J. gARCIA CARRIóN
JEFFERIES INTERNATIONAL LTD
JOHNSON & JOHNSON
JP MORgAN
KPMg
LIDL
LMVM
LOgISTA
LONDON CONSULTINg gROUP
LONDON STOCK EXCHANgE
L’OREAL
MCKINSEY & COMPANY
MERCK, SHARP AND DOHME
MICROSOFT
MINSAIT
MITSUI & CO
MOELIS & COMPANY
MONTALBAN ATLAS CAPITAL
MORgAN STANLEY
NATIONALE-NEDERLANDEN
NFOQUE
NIELSEN
NISSAN
NOMURA
NOVARTIS
ODgERS BERNDTSON MANAgEMENT CONSULTANTS
OPINNO
PERNOD RICARD
PHILIP MORRIS INTERNATIONAL
PHILIPS
PROCTER & gAMBLE
PROSEgUR
PWC
RAKUTEN
REPSOL
RITz CARLTON
SANDHILLS EAST
SAP
SCHLUMBERgER BUSINESS CONSULTINg
SECURITAS DIRECT
SOCIETE gENERALE
SOURCE
SUNEDISON INTERNATIONAL
SYNgENTA
THE KRAFT HEINz COMPANY
THERMOFISHER
THOMSON REUTERS
TJX (TK MAXX)
UBER
UNIQLO
UNITED NATIONS
UNITED NATIONS OFFICE FOR PROJECT SERVICES (UNOPS)
UNITED NATIONS POPULATION FUND (UNFPA)
UNO DE 50 (ARS REI)
WERFEN
WORLD BANK
zURICH SEgUROS
coMPany PresentatIons on-caMPus 2015-2016
IMBa Career Report 2016 / 17
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euroPe
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gerMany, swItZerland &austrIa - MunIch [email protected]
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IMBa Career Report 2016 / 19
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