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Excellence in Management Education Employment Report MBA Graduating Class of 2017
Excellence inManagementEducation
Employment ReportMBA Graduating Class of 2017
The WHU MBA Program offers a unique learning experi-ence – creating a challenging and inspiring learning envi-ronment for students who seek to grow and reach their full potential. We provide them with the tools and skills to become successful managers in a global business world. We believe that excellence in management not only requires superior knowledge of management con-cepts and tools, but that effective leaders should also have a strategic vision, team spirit, and a deep sense and appreciation of ethical behavior and responsibility.
With small class sizes we ensure excellent mentoring bet-ween professors and students, a strong bond between our over 4.000 alumni and students, as well as individualized and tailored career support.
We are proud that on average our students more than doubled their pre-MBA income: from an average pre-MBA salary of € 36,220 to an average post-MBA salary of € 74,761. These numbers highlight that investing in the WHU MBA advances one’s personal and professional development and provides value for money. Over 82% of our students secured top positions within three months of graduation and 89% changed either function, industry, or location – proving that our students are willing to trans-form their careers in order to make the next step.
The strong German economy attracts many of our students – the majority of them remain in Germany upon graduation to pursue their careers. Due to the shortage of skilled workers in the job market, the German government offers international graduates from German universities an 18-month jobseeker’s visa. In addition, changing a jobseeker’s visa into an employment visa is a simple process. The future looks bright for MBA students in Germany.
Executive Summary
Dr. Christine Menges, Director MBA Career Center
OUR STUDENTS
Combine academic excellence with a solid grounding in the real business world Possess several years of work experience at MNEs, SMEs, or start-ups Have in-depth industry knowledge and up-to-date customer insights Are equipped with new frameworks to tackle problems and create opportunities
for igniting growth Add value and make a positive impact
Class Profile – Graduating Class 2017
76% 40% 3.7 29Students International
StudentsWomen Average Years of
Work ExperienceAverage Age
62
3
4Employment Report // MBA Graduating Class of 2016
8%29% 49%
2%
1%
11%
Business & EconomicsEngineering
Arts & HumanitiesSciences
OtherLaw
38% 26% 13% 10% 8% 5%
ACADEMIC BACKGROUND
FinanceOperations & Logistics
Marketing & SalesGeneral Management
ITConsulting
Project Management / EngineeringOther
18% 17% 17% 12% 12% 8% 8% 8%
FUNCTIONAL BACKGROUND
GEOGRAPHICAL BACKGROUND
Industry/ManufacturingFinance/BankingConsultingGov./NGOOther
70% 15% 5% 5% 5%
SECTOR BACKGROUND
Industry/Manufacturing 33%
Consulting 19%
Tech/Start-Up 15%
Consumer/Retail 15%
Finance/Banking 10%
The MBA marks an important and exciting point of transition in our students’ career. Whether they aspire to change industry, job function, location or to become a successful entrepreneur, our team at the MBA Career Center is dedicated to support our students to define their career vision and to turn this vision into reality.
“The Career Center’s support was invaluable for my tran-
sition to the consulting industry. Particularly, the personal
coaching sessions, company presentations and interview
trainings were very helpful.“
Marieke OttoMBA Class of 2017ConsultantAlixPartners
Employment Report – Graduating Class 2017
We provide an individualized and tailored approach in supporting our students, and we are proud that our students made a 106% salary increase this year, which proves that the WHU MBA program truly offers value for money.
CAREER CHANGERS
Changed function
Changed sector
Changed location
Triple Change(Function, Sector, Location)
€ 36,220 € 74,761Average Pre-MBA Salary Average Post-MBA Salary
67%
64%
60%
5
EMPLOYMENT BY SECTOR
Minimum: € 50.000Median: € 66.000Maximum: € 125.000
SALARY
106%Salary
Increase
31% Other 8%
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EMPLOYERS MBA 2017 (SELECTION)
98%*2%
Finance 11%
Operation & Logistics 11%
General Management 24%
MIS/IT 9%
Graduate/Leadership Development Programs 9%
Consulting 20%
Marketing & Sales 16%
EMPLOYMENT BY FUNCTION
EMPLOYMENT BY REGION
ABB (Poland)
AlixPartners (Germany)
Amazon (Germany and Luxembourg)
Bayer (Germany)
Bayer Business Consulting (Germany)
Daimler (Germany)
Ernst & Young (Germany and Luxembourg)
GKN Off-Highway Powertrain
Henkel (Germany and Netherlands)
Inverto (Germany)
Porsche Consulting (Germany)
thyssenkrupp (Germany)
Volkswagen Financial Services (Germany)
*80% Germany
7Employment Report // MBA Graduating Class of 2016
“Capgemini Consulting as the leader in digital trans-
formation reaches out to highly motivated and skilled
pioneers. WHU graduates provide an excellent port-
folio of leading education, high ambition e.g. with
first work experience at start-ups and best-practice
regional business know-how. We value enthusiasm and
expertise in digital solutions which foster innovation
and future-oriented business transformation. WHU’s
digital natives fit our client needs through in-depth local
industry and up-to-date customer insights.”
Alexander K. AmmerHead of RecruitmentCapgemini Consulting DACH
Amazon
Henkel
Ernst & Young
Bayer
Accenture
Alix Partners
BCG
Metro, HoReCa
mm1 Consulting & Management
PwC
EMPLOYERS (CLASSES OF 2015, 2016 & 2017)Top 10 Employers (% graduates recruited)
6%
5%
4%
3%
2%
2%
2%
2%
2%
2%
OTHER EMPLOYERS
Abbott
Amcor
Arvato
Arkwright Consulting
Berenberg
Bühler
Credit Suisse
DB Schenker
Delivery Hero
Detecon
ERGO Group AG
Emerson
Microsoft
Roche
Stadtwerke Düsseldorf
Strategy&
Uniper
UPS
Vorwerk
We are committed to support our MBA students in becoming responsible and successful leaders. We offer several ways of connecting with our students:
Recruit at WHU
ONLINE
Job/Internship/Thesis postings Upload your job or internship offer free of charge to our website.
CV/Resume book Browse our CV book and search for interesting candi-dates.
ON CAMPUS
Company presentations Meet our students after their classes in the eveningto showcase your company. Engage in stimulatingconversations at our networking reception.
Company workshops Discuss current trends and challenges with ourstudents and explore potential solutions.
Recruiting fairs(September, November, January)
Get involved in our various career fairs. Meet students from different programs in an informal setting.
On-Campus recruiting events Browse our CV book to search for interesting candi-dates and conduct individual on-campus interviews.
Projects (thesis; case studies) Our students can help you tackle real-life challenges for your company, providing ideas, analysis and recom-mendations.
Program Program StartRecruitment Cycle (In-ternship Positions)
Recruitment Cycle (Full-Time Positions)
MBA Full-Time
(12-months duration)
September
April
August onwardsMarch onwards
September
April
RECRUITMENT CYCLE
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Dr. Christine MengesDirector MBA Career CenterEmail: [email protected]: +49 211 44709-577
Miriam KraneisManager MBA Career CenterEmail: [email protected]: +49 211 44709-571
WHU – Otto Beisheim School of Management is a mainly privately funded Business School based in Vallendar/Koblenz and in Düsseldorf. It is a leading Busi-ness School in Germany and is continuously ranked among the top Business Schools in Europe. The range of courses includes a Bachelor Program, the Master in Management, Master in Finance and Master in
Entrepreneurship Programs, a Full-Time MBA Program, a Part-Time MBA Program and the Kellogg-WHU Executive MBA Program. In addition, WHU offers open programs as well as customized programs for management which are tailored to the needs of the particular enterprise. For more information please visit www.whu.edu.
About WHU
Career Center – MBA Team
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10Employment Report // MBA Graduating Class of 2016
WHU – Otto Beisheim School of Management
MBA Career CenterErkrather Str. 224a40233 DüsseldorfGermany
Phone: +49 211 [email protected]
08/2018
