AIB MBA ALUMNI INSIGHTS REPORT

2018

After compiling the results of the 2018 MBA Alumni Insights Survey, I and the whole Australian Institute of Business (AIB) team are really pleased to see the outstanding achievements of our former students.

As an organisation that strives to provide people with greater access to education, our primary focus is on student success.

I am extremely happy to see that the results of this survey are a testimony to what we have set out to achieve from the beginning - “To deliver life changing experiences”.

It gives me tremendous pleasure to present to you the findings from this report.

Paul WappettChief Executive OfficerAustralian Institute of Business

WELCOME TO THE 2018 MBA ALUMNIINSIGHTS REPORT

of respondents graduated in 2018

is the average age of respondents

of Australian respondents live in

urban areas

33.8% 42 86.1%DEMOGRAPHICS REPORTED

OVERVIEW

of respondents who graduated in 2018

have been promoted

have changed job function

have changed industry since

commencing with AIB

reported working in Fortune 500 or Exchange Listed

companies

48.2%

34%

8.2% 38.4% INDUSTRIES AND

FUNCTIONS

of respondents would choose to

study at AIB again

of respondents wish they started their MBA earlier

of 2018 graduates reported they were

utilising between 60% and 100% of their AIB

MBA

82.5% 61.4% 40.4% OPINION OF AIB

is the most reported income range from

Australian, Canadian and New Zealand

respondents

of Australian, Canadian and New

Zealand respondents reported an income increase of at least

10% since graduating

received a raise during their studies or

within 12 months of completing their MBA

$150K-$200K50.8%ANNUAL

EARNINGS REPORTED

of respondents are Managers with

5.1%in the C-Suite

have over 10 year’s work experience

have 20+ years’ work experience

50% 79.1% 40.2%WORK

EXPERIENCE

46.8%

The Australian Institute of Business (AIB) is a truly global community with over 16,000 students, alumni, academics and industry experts from over 90 countries.

Business School graduates around

the world

MBA graduates around the

world

Current MBA students around

the worldAcademic, support

and professional staff dedicated to teaching and student success

AIB’S GLOBAL COMMUNITY

BACKGROUND

>12,000

8,481

>4,000

100+

Note: All graduate, student and academic head-count numbers provided on this page were true and correct as at 5 October 2018.

SURVEYMETHODOLOGY

The 2018 MBA Alumni Insights Survey was sent out on 17 August 2018 to 5,069 AIB’s global MBA alumni who graduated between 2010 and 2018.

Respondents were asked to answer 42 questions about their careers and professional experiences.

We received a total of 1372 responses by the close of survey on 26 August 2018. This survey sample represents 27% of our subscribed AIB MBA alumni population that graduated between 2010 and 2018.

All survey respondents were asked to report their earnings in AUD$. All dollar amounts in this report appear in AUD$ unless otherwise stated.

OUR COMMUNITY IS DIVERSE, WITH OUR SURVEY RESPONDENTS COMING FROM ALL OVER THE WORLD.

RESPONDENTS VARIED IN AGE FROM 23 TO 73

RESPONDENTS GRADUATED FROM AIB BETWEEN 2010 AND 2018

OUR ALUMNI TYPICALLY HAVE MORE THAN 10 YEARS OF WORK EXPERIENCE

Average age

42 YRS

OUR RESPONDENTS

>10 YEARS

<10 YEARS

79.1

19.6%

Male

Female

Prefer not to answer

MBA SPECIALISATION

56.1%

43.7%

0.3%

of respondents have moved cities for work since starting at AIB

of respondents have relocated to other countries for work since starting at AIB

19.6% 8.9%of Australian respondents are from urban areas,

are from rural areas

86.1%

13.9%

graduated in 2018 33.8%

Highest concentration of respondents

General = 71.4%

Human Resources = 8.2%

Logistics & Supply Chain = 5.9%

Entrepreneurship = 5.5%

Finance = 4.7%

Marketing = 4.4%

Lower concentration of respondents

20-24

25-29

30-34

35-39

40-44

45-49

50-54

55-59

60-64

65-69

70-74

0.36%7.53%16.94%20.57%16.14%16.23%12.1%6.16%2.68%0.71%0.36%

20102011

20122013

20142015

20162017

2018

0.73

%

1.38

%

1.75

%

2.55

%

5.76

% 11.0

1% 16.6

9%

25.4

4% 33.8

2%

ENROLLMENT CRITERIA MET

A Bachelors Degree (In a field other than Business)

At least 3 year’s management experience

A Bachelors Degree in Business

An Advanced Diploma or Associate Degreeand at least 3 years relevant work experience

Other

32.1%

28.5%

19.2%

14.6%

5.6%

21.4% Melbourne 20.7% Sydney13.5% Brisbane10.8% Perth 9.9% Adelaide

5.8% Canberra1.7% Newcastle 1.5% Hobart 0.8% Darwin

>10 YEARS

<10 YEARS

79.1

19.6%

MBA ALUMNI CAREER STATISTICS

TYPE OF EMPLOYMENT

CURRENT PROFESSIONAL

SENIORITY

Full-time

Business Owner

Between roles

Other

29.5%20.5% 12.3% 12.2% 10.1%

9.5% 5.1% 0.8%

78.2%12.5%

3.6%2.6%

WHERE AIB ALUMNI WORK

14.73% (N=82) of our Australian, Canadian and New Zealand respondents reported working for FORTUNE 500 or ASX 200 companies. A sample of some of the Fortune 500 and ASX 200 companies our global respondents work for:Apple l IBM l FedEx l Nike l American Express l Chevron l Boeing l Exxon Mobil l Starbucks l S&P Global CBS l Macquarie Group Limited l Skycity Entertainment Group l Caterpillar l Deere l Qantas Airways CSL Limited l Verizon l RIO Tinto Limited l BHP Billiton Limited l Wesfarmers Limited l Lendlease Group MetLife l CBRE Group l Xero Limited l Westpac Banking Corporation l Commonwealth Bank National Australia Bank l ANZ Banking Group Limited l UnitedHealth Group l Jacobs Engineering Group Telstra Corporation l Origin Energy l Peabody Energy l AGL Energy Limited l Santos Limited l Caltex Australia

are Managers

are C-Suite of Global alumni currently own their own business

50% 5.1% 28.4%

Senior Manager

Manager

Business Owner/Entrepreneur

Team Leader

Individual Contributor

Other

C-Suite

Retired

INDUSTRY & FUNCTION CHANGES SINCE STARTING AT AIB

have changed industries

34%have changed job function

48.2%

ALUMNI CAREER STATISTICS

THE IMPACT OF THE AIB MBA

of respondents would choose to study at AIB again

Likelihood that respondents would recommend AIB to a friend or colleague

Top 3 highly likely ratings = 71.4% of respondents

82.5%

10.7

%

10.4

%

7.9%

7.8%

7.1%

7.0%

6.3%

5.5%

4.2%

4.1%

4.1%

3.1%

3.0%

2.61

%

Retail &

Consu

mer P

roducts

Manufac

turin

g & Tra

nsport

Banking &

Finance

Healthca

re &

Medica

l

Govern

ment &

Defence

Other

IT & H

igh Tech

Mining & Energ

y

Educatio

n & Tra

ining

Marketin

g & C

omm

unicatio

ns

Engineering

Hospita

lity &

Touris

m

Consulti

ng & Stra

tegy

Between ro

les

CURRENT INDUSTRY COVERAGE

Leadership and decision-making

Project management Communication and networking

Strategy development Problem solving Finance

Research and analytical

Operations management

Marketing Entrepreneurial

90.1% 79.4% 71.8%

87.7% 73.6% 71.1%

85.1%

81.9%

72.5% 65.1%

CAREER OUTCOMES THAT WERE SOUGHT AND ACHIEVED FROM STUDYING THE AIB MBA

PROFESSIONAL SKILLS ENHANCED FROM STUDYING THE AIB MBA

CAREER MOTIVATORS CONSIDERED VITAL AND SELF-ASSESSED SKILLS OUTCOMES FROM THE AIB MBA

Improve business acumen

Keep pace with changing business landscape

Career progression

Salary increase

Find employment

Industry change

91.7%

90.3%

75.8%

70.8%

66.9%

59.2%

92.5% 85.6%

91.6% 81.5%

of respondents that valued security and stability as a vital career motivator felt the AIB MBA enhanced their leadership and decision making skills

of respondents that valued technical/functional competence as a vital career motivator felt the AIB MBA enhanced their strategy development skills

of respondents that valued entrepreneurial creativity as a vital career motivator felt the AIB MBA enhanced their problem solving skills

of respondents that valued entrepreneurial creativity as a vital career motivator felt the AIB MBA enhanced their entrepreneurial skills

(N=559) of Australian, Canadian and New

Zealand respondents reported an income

increase of at least 10% or more during

their MBA studies

34%

of Australian, Canadian and New Zealand

respondents reported an increase of at least 10% in income since graduating

from the AIB MBA

was the most reported income range at the time of enrollment from Australian, Canadian and New Zealand respondents

INCOME PRIOR TO THE AIB MBA

50.8%

All figures quoted in this report are in Australian Dollars unless otherwise stated.

7%

0%

<40K 60-70K 80-90K 100-120K 150-200K 250-300K 400-500K >500K

14%

22%

PERC

ENTA

GE

OF

ALU

MN

I

ANNUAL INCOME

A FAST RETURN ON INVESTMENTAUSTRALIAN, CANADIAN AND NEW ZEALAND MBA ALUMNI INCOME STATISTICS

(N=390) of our Australian,

Canadian and New Zealand respondents

reported earning over $100K per

annum

is the current most reported income

range from Australian, Canadian and New

Zealand respondents

69.8%

$150K-$200K

$100K-$120K

+61 8 8212 8111 +61 8 8212 0032 courseadvisor@aib.edu.au www.aib.edu.au

Australian Institute of Business

All information contained in this publication is self-reported by AIB MBA alumni and is for general information only. The Australian Institute of Business makes no representation about the content, suitability, accuracy or completeness of this information for any purpose whatsoever. It is provided “as is” without any express or implied warranty or guarantee whatsoever. Information and data reported in this report was self-reported by AIB MBA alumni between 17-26 August 2018. All figures quoted in this report are in AUD dollars unless otherwise stated.