Download - INSEAD MBA 2014 Employment Statistics
-
1INSEAD Europe CampusBoulevard de Constance77305 Fontainebleau, FranceTel: +33 (0)1 60 72 41 90
INSEAD Asia Campus1 Ayer Rajah AvenueSingapore 138676Tel: +65 6799 5190
INSEAD Abu Dhabi Campus4th Street - Muroor RoadP.O. Box 48049 Abu Dhabi, United Arab EmiratesTel: +971 2 651 5200
www.insead.edu
IN
SEA
D 2
015
- 20
16
Se
lect
ed P
hoto
s: M
att S
tuar
t, Ja
mes
Bow
den
, Hen
ry K
ohD
esig
n: M
etho
d M
edia
Pte
Ltd
-
2MBA Graduates 2014
2014 Employment Statistics
A World of Talent
-
3
-
Contents
From the Director 02
A World of Talent 04
Profile of 2014 INSEAD MBA Graduates 07
Full-time Jobs and Compensation Trends 08 Job Locations 10 Career Changes 12 Compensation Trends by Region and Country 14 Corporate Sectors 16 Consulting 22 Financial Services 26
Employers of 2014 INSEAD MBA graduates 30 Top Employers 30 The Corporate Associate Programme 31 2014 Recruiting Companies 32
Summer Internships / Projects and Compensation Trends 36 Monthly Base Salaries 38 2014 Internship Employers 40
Recruiting at INSEAD 42
List of Countries Per Region 46
-
`02
From the Director
The year of 2014 was another great one for INSEAD MBA students, with 90% securing employment within 3 months of graduation. This is a quite remarkable figure for our uniquely global programme, which at just 10 or 12 months is half the length of its world-class peers. It is even more remarkable when you consider that just 8% of the class were fully-sponsored, that 81% of the class changed one of the 3 main career dimensions (sector, function or country) that our students found jobs with 333 different employers in 61 different countries and that no more than 17% of the class found employment in any one country. All of us here at the Career Development Centre are truly proud of this great class.
Our own experience and several recent studies show that, while the job market for top-tier MBA talent is booming around the world, it is not without its challenges.
Language requirements are becoming much tougher, especially in the Asian markets and governments around the world are putting up increasing barriers to immigration, even of highly-qualified and experienced executives. INSEAD is uniquely placed to respond to these challenges with 50,000 alumni, to be found in 173 countries around the world. Of course, employers are free to access this unique talent pool, alongside our executive and full-time MBA students, through our CareerGlobe recruitment portal.
On the subject of alumni, they continue to be very successful as well, with 9 of them holding CEO positions in FT 500 companies, second only to Harvard Business School. Not only do they lead large multi-nationals, they also generate wealth and employment by founding and leading increasing numbers of entrepreneurial start-ups and small or medium-sized companies.
Putting Careers at the heart of the MBA Experience
-
`03
The year of 2014 saw an increase in recruitment to the management consulting sector which attracted 41% of the class, up from 34% in 2013. Around half of this rise is due to more students choosing to return to their former employers with the rest coming from welcome growth in new hiring. But the big news is that TMT firms in their various forms have now overtaken financial services, accounting for 19% of the graduating class and offering some of the most attractive positions and highest salaries. It has been a year of significant change within the careers team at INSEAD, with the department being restructured to focus on the 3 key areas of marketing, developing and connecting talent. Our Dean has recognised the importance of careers alongside curriculum at the heart of our world-class MBA programme and has demonstrated this support by allocating significant funds to the careers team, allowing us to make many new hires.
As well as increasing our global outreach we will, for the first time, be able to allocate every student a personal career advisor to support them through their whole career journey all the way from admissions until they land their first job.
I am also proud to announce the recruitment of two new directors of the INSEAD Career Development Centre. They will be starting work in August 2015 and in true INSEAD style have both made the triple switch of sector, function and country - INSEAD remains the Business School for the World!
90% of our 2014 graduates reported employment within 3 months.This is a quite remarkable figure for our uniquely global programme, which at just 10 or 12 months is half the length of its world-class peers.
Graham Hastie (INSEAD MBA 95J)Interim Global Director, INSEAD Career Development CentreAssistant Dean, Degree Programmes
-
04
A World of Talent
One School, Two Intakes and Three Campuses
The MBA programme runs in parallel in Europe (Fontainebleau, France) and Asia (Singapore) with networking and career forums also taking place in the Middle East. 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 experienced professionals with a solid international experience. They then learn from each others differences and similarities, as well as from our global curriculum and faculty, before moving on to pursue careers throughout the world.
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 in-depth knowledge of conceptual models and analytical tools in Accounting, Entrepreneurship, Economics, Finance, Marketing, Organisational Behaviour and Strategy.
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.
The alumni network includes Chairmen, CEOs and other senior level directors at a large number of global companies including LVMH, LOral, Power Corporation of Canada, Roche Holding Ltd, Danfoss, Statoil, Heineken, AON, Deutsche Bank, Goldman Sachs, BASF, Sanofi-Aventis, McKinsey & Company, Rio Tinto, Siemens, Prudential Plc, Lloyds Banking Group, Groupe Galeries Lafayette, LOccitane International.
-
Major International Rankings
QS Worlds Top 200 Schools in 2014 according to Employers and Academics in Asia
NO.
QS Worlds Top 200 Schools in 2014 according to Employers and Academics in Europe
NO.
QS World University Rankings by Subject - Business & Management Studies in 2015
NO.
Financial Times Global MBA Programme Ranking in 2015(joint with Stanford)
NO.
Bloomberg Businessweek International Business Schools (Non- US) in 2014
NO.
Our campuses in Europe, Asia and Middle East provide graduates with a global perspective
Of participants transfer between campuses at least once during the year
Nationalities in the class (2014)
Countries of employment post-graduation
Languages participants speak on graduation
Average GMAT Score (2014)
minimum
-
06
-
07
Business / Administration 30%
Engineering 27%
Economics 14%
Sciences 11%
Law / Political Sciences 7%
Humanities & Arts 5%
Media & Communication 1%
Other 5%
Profile of 2014 INSEAD MBA Graduates
Education Africa 3%
Asia Pacific 30%
Central / Eastern Europe 11%
Latin America 5%
Middle East 5%
North America 16%
Northern / Southern Europe 30%
Nationality
Female 32%
Male 68%
Gender
1011Total MBA graduates
< 26 years 6%
26 - 28 years 42%
29 31 years 37%
> 31 years 15%
Age
Average Age 29 Years
1 2 years 8%
3 5 years 31%
6 7 years 37%
> 7 years 24%
Work Experience
Average Work Experience 6 Years
-
08
Full-time Jobs and Compensation Trends
Of the 1011 participants in the two classes that completed the INSEAD MBA programme in July and December 2014*, 988 (a record 98%) responded to the Career Development Centre survey, including 11 who reported not having started their job search.
Of the 977 graduates actively looking for a job, 877 (90%) reported having received at least one job offer 3 months after their graduation date and 825 (84%) gave us details of their career decision. Of these 825 graduates who had accepted jobs, 675 (82%) reported full salary information, on which the salaries section of the following report is based.
# %
Career Development Centre / 435 53% Alumni network
Pre-INSEAD employer 182 22%
Own contacts 97 12%
Summer job* 61 7%
Creating own company 50 6%
Total 825 100%
How did they find their job?
Sectors: Comparison over 5 years
2014 2013 2012 2011 2010
41% 17% 42%
41% 14% 45%
39% 23% 38%
44% 20% 36%
Consulting Financial Services Corporate Sectors
34% 49%17%
Sectors: 2014
Consulting 41%
Financial Services 17%
Corporate Sectors 42%
* Summer job only open to one class
* See Page 48
-
09
Consulting 43%
Finance 16%
General Management 11%
Corporate Planning / 8%Business Development
Marketing / Sales 8%
Leadership Development Programs 8%
Other* 3%
Production / Operations Management 2%
Technology Management 1%
2014 Jobs by Function
* includes: Art/Creative, Fundraising, Human Resource Management, Legal, Logistics & Purchasing, Medical, Project Management, Research & Development, Specialised Services, Writing/Editing
Disclaimer: The information included in this report was provided by both MBA graduates and recruiters and has not been independently verified. INSEAD Career Development Centre gives no guarantee as to its accuracy.
Consulting 41%
Financial Services 17%
Corporate Sectors*
E-Commerce / Internet 11%
Information Technology / 6% Telecommunications
Retail / Consumer 6% & Luxury Goods**
Manufacturing / Conglomerates 5%
Public Sector / Social Impact 4%
Energy 3%
Healthcare 2%
Media / Entertainment / 2% Advertising
Corporate Services 1%
Primary Industries 1%
Transportation / Logistics 0.5%
Travel / Leisure Services 0.5%
2014 Jobs by Sector Group
* See page 17 for details of sub-Sectors** Decrease in Retail/Consumer & Luxury Goods largely due to realignment of some companies to E-Commerce sector, in line with LinkedIn sectorisation
-
10
Job Locations
Africa / Near / Middle East 9%
Asia Pacific 27%
Central / Eastern Europe 5%
Latin America 4%
North America 11%
Northern Europe 2%
Southern Europe 5%
Western Europe 37%
Country
INSEAD continues to be the Business School for the World in all senses. In a class consisting of 90 nationalities, no single country accounted for more than 17% of jobs accepted.
The regional distribution of our graduates jobs remains very similar to last year. Recruitment to the Middle East continues to be strong, thanks in part to our annual Middle East career forum. In 2014 we welcomed 38 companies and 150 students and alumni to Dubai for this one-day event.
-
11
Within the various regions, individual countries that have attracted more graduates this year include Turkey, Poland, Mexico and China. Singapore continues to be the most favoured destination in Asia Pacific.
Overall, the UK remains the most popular country. Nearly 140 of our 2014 graduates accepted jobs there, across sectors, with a third in financial services. This fact reflects both the continued dominance of the UKfinancial sector within Europe and the strengthening of the British economy.
While continuing to develop and deepen relationships in Europe and Asia, our future geographical priorities include developing opportunities in the USA, where we saw significant student demand in 2014.
We would also like to build on the many attractive opportunities that are already available to our graduates in the Middle East and Africa.
-
12
Career Changes
As usual, 2014 was a year of big career changes for many of our graduates. Some 81% of the class moved to a new sector, country or job function, while 21% rose to the challenge of change across all three dimensions.
In the longer term, the biggest career-change trend that we see among our alumni is a move to start their own company some years after graduating. Indeed some 6% of the class of 2014 started their own companies immediately on leaving INSEAD and we see more and more students choosing to go work for a start-up or SME as a stepping stone to start their entrepreneurial journey.
An appetite for change
81% 666 changed sector or country or function
21% 172 changed all 3 dimensions
51% 423 changed country
42% 347 changed sector
64% 529 changed function
Sector Choice
FinancialServices
CorporateSectors
Consulting
* Of 219 participants who remained in corporate sectors, 24% (52) stayed in the same industry sub-sector, while 76% (167) opted for a change.
Former Consultants
11%
25%
64%
Former Financial Professionals
43%
33%
24%
Before INSEAD
After INSEAD
Former Corporate Sectors Professionals
6%
58%*36%
-
13
Region or country changes
Total: 825
38% 62%
Home Abroad
44% 56%
52% 48%
61% 39%
63% 37%
63% 37%
68% 32%
79% 21%
Regions
North America
Southern Europe
Central / Eastern Europe
Latin America
Africa / Near / Middle East
Asia Pacific
Northern Europe
Western Europe
Nationalities: who stays home and who goes abroad (1)
Within selected nationalities*
16% 84%
Home Abroad
31% 69%
32% 68%
32% 68%
35% 65%
36% 64%
45% 55%
46% 54%
Nationalities
Indian
French
Canadian
Italian
Lebanese
American
Korean
Portuguese
Australian
Chinese
Turkish
Spanish
Russian
Dutch
British
Polish
German
Brazilian
Singaporean
Norwegian
#121
81
79
42
54
247
22
179
#
96
59
41
25
17
80
11
24
23
41
10
18
31
28
39
10
31
19
27
11
52%
51%49%
50%50%
44%56%
39%61%
36%64%
31%69%
30%70%
29%71%
21%79%
19%
* includes nationalities with more than 10 participants(1) For the list of countries per region, please refer to pages 46, 47 and 48
81%
18%
48%
82%
-
14
In 2014, it was very heartening to see global mean and median salaries rise after a small fall the previous year. There was also an increase in the number of graduates receiving sign-on bonuses and a significant rise in the median amount from 16,200 to 19,400.
In 2014, the regions offering the highest salaries were North America and Northern Europe and the lowest in Southern Europe.However the regional variation apart from in Southern Europe, where salaries seem substantially lower is minimal.
The lowest salary reported (25,300) and the highest (168,000) were both in Western Europe, suggesting that sector, job function and company size are a stronger indicator of compensation levels than region.
Compensation Trends by Region and Country
Overall Annual Mean Salary
88,600Overall Annual Median Salary
89,400Overall Median Sign-on bonus*
19,400*63% of salaries overall reported with sign-on bonus
# Range Mean Median Sign-on Median ** Bonus (%) Sign on
Africa / Near / Middle East 60 27,000 163,200 87,600 89,400 63% 21,100
Asia Pacific 161 28,000 164,800 82,900 85,500 59% 15,300
Central / Eastern Europe 27 47,600 140,000 88,000 92,000 67% 20,000
Latin America 25 39,000 160,000 82,700 79,100 68% 15,600
North America 72 33,500 132,100 95,400 97,800 75% 19,400
Northern Europe 19 62,000 120,600 97,200 98,400 68% 25,400
Southern Europe 35 47,600 102,800 72,100 71,000 63% 20,000
Western Europe 276 25,300 168,000 92,300 92,200 62% 20,000
Total 675
By Region*
* where at least 5 salaries were reported ** where at least 5 sign-on bonuses were reported
-
15
# Range Mean Median Sign-on Median Bonus (%) Sign-on**
Australia (AUS$) 14 115,000 225,000 152,700 148,250 64% 20,000
Belgium () 11 56,500 120,000 81,700 80,000 55% 15,500Brazil (Real) 19 160,000 355,000 241,700 230,000 79% 85,000
Canada (CAD$) 13 48,000 166,850 128,300 140,000 54% 25,000
China (Renminbi) 27 360,000 898,000 636,300 645,700 64% 150,000
France () 26 50,000 - 100,000 81,500 80,000 50% 17,000Germany () 43 30,000 - 120,000 91,500 95,000 47% 17,500Hong Kong (HK$) 10 300,000 1,562,000 902,900 932,500 50% 310,000
India (Rupee) 9 2,200,400 7,650,600 3,995,600 2,985,600 30% -
Indonesia (IDR) 5 303,100,000 1,221,800,000 801,900,000 852,000,000 60% -
Italy () 8 70,000 100,000 77,100 73,900 75% 17,500Japan (Yen) 8 6,000,000 14,084,500 10,229,600 9,876,300 62% 2,000,000
Korea (Won) 11 66,625,700 166,564,300 117,276,000 122,147,100 73% 44,417,100
Lebanon (LBP) 5 54,000,000 202,100,000 135,478,900 118,149,600 60% -
Malaysia (MYR) 7 180,000 432,000 301,100 323,300 86% 65,100
Norway (Krone) 12 592,000 1,016,500 846,900 835,000 67% 213,000
Poland (Zloty) 5 200,000 390,000 309,600 319,100 40% -
Portugal () 11 47,600 72,000 65,000 65,000 55% 17,500Russia (Rouble) 17 3,850,000 7,407,400 5,102,600 4,947,100 82% 1,190,500
Singapore (SG$) 65 61,100 270,000 142,300 145,000 57% 22,650
South Africa (Rand) 7 775,000 1,650,000 999,300 950,000 71% 280,000
Spain () 13 50,000 102,800 78,400 78,000 62% 20,000Switzerland (SFr) 25 100,000 155,000 134,300 135,000 68% 24,000
The Netherlands () 21 67,000 - 110,000 88,900 89,000 43% 15,000UAE (Dirham) 35 330,600 - 587, 750 471,900 477,500 71% 91,800
United Kingdom () 126 20,000 - 135,000 75,800 75,000 67% 18,750
USA (US$) 59 75,000 - 170,000 124,400 128,000 80% 25,000
Total 612
By country in local currency*
2014 2013 2012 2011 2010
Brazil (Real) 230,000 230,000 227,000 220,300 220,600
France () 80,000 82,800 85,000 85,000 80,000Germany () 95,000 96,000 90,600 95,000 90,000Singapore (SG$) 145,000 120,000 135,000 142,000 147,500
Switzerland (SFr) 135,000 126,000 136,000 135,000 132,800
United Kingdom () 75,000 73,000 74,000 73,000 70,000
USA (US$) 128,000 130,000 122,000 125,000 125,000
How salaries have evolved: Comparison over 5 years in local currency (median salary)
* See page 48 for exchange rates
-
16
The combined corporate sectors remain the most popular career destination for INSEAD graduates, although recruitment fell from a record high of 49% of the class in 2013 to 42% in 2014.
We continued to see strong growth in the tech area especially e-commerce and the internet*. Indeed, the term GAFA (Google, Amazon, Facebook and Apple) has entered the student lexicon alongside MBB (McKinsey, Bain and BCG) with Amazon and Google both in our top-ten recruiters for 2014 and Apple in the top twenty. Indeed, IT, telecoms, e-commerce, internet and media now account for 19% of the total class more than the entire financial services sector. Unsurprisingly perhaps, tech salaries are higher than in many other fields.
In 2014, there was growth too in recruitment to traditional rotational management training programmes many of which are in non-traditional industries, such as e-commerce.
In addition, the trend towards start-ups and small to medium-sized enterprises (SMEs) has continued and accounted for 26% of those
joining the corporate sectors. Hence our new twice-yearly entrepreneurship career forums, which each brought around 40 start-ups and SMEs to campus to meet 200+ students in 2014. In fact, three SMEs now figure in our annual top-recruiter list. This reflects both the needs of small companies to hire talent with business acumen to grow and expand internationally, and the entrepreneurial ambitions of our students.
Finally also following a trend of recent years in 2014 we noted a slight increase in Public Sector / Social Impact recruiting, particularly to the education sector.
*The significant increase on last years percentage is due partly to a redefinition of sectors (in line with LinkedIn categories), which decoupled E-commerce from Retail and assigned it to the Internet. The drop in recruitment to Retail / Consumer & Luxury Goods is also partially caused by this reallocation.
Corporate Sectors
# % Career Development Centre / 205 59% Alumni network
Own contacts 55 16%
Creating own company 34 10%
Pre-INSEAD employer 36 10%
Summer job* 16 5%
Total 346 100%
How did they find their job?
* Summer job only open to one class
-
17
All Corporate Sectors
* Includes Computer Software, Hardware, Consumer Electronics, Semiconductors** Includes Automotive, Building Materials, Construction, Electrical/Electronic Manufacturing, Mechanical or Industrial Engineering*** Includes Chemicals, Mining & Metal, Agribusiness, Food & Beverage Production
Top functional Areas
Consulting 6%
Corporate Planning / 17%Business Development
Finance 6%
General Management 20%
Logistics Purchasing 2%
Marketing / Sales 20%
Others 2%
Production / Operations Management 4%
Project Management 2%
Leadership Development Programmes 18%
Technology Management 3%
Corporate Services 2%
E-Commerce / Internet 27%
Energy 8%
Healthcare 4%
Information Technology / 14%Telecommunications*
Manufacturing / Conglomerates** 13%
Media / Entertainment / Advertising 5%
Primary Industries*** 2%
Public Sector / Social Impact 9%
Retail / Consumer & Luxury Goods 14%
Transportation / Logistics 1%
Travel / Leisure Services 1%
-
18
Corporate Sectors
Africa / Near / Middle East 7%
Asia Pacific 35%
Central / Eastern Europe 2%
Latin America 3%
North America 12%
Northern Europe 2%
Southern Europe 2%
Western Europe 37%
By Region
Australia 5%
China 16%
India 6%
Japan 4%
Korea 8%
Singapore 49%
Other* 12%
Within Asia Pacific
* includes countries where fewer than 5 jobs were reported: Hong Kong, Indonesia, Kuwait, Malaysia, Mongolia, Philippines, Sri Lanka,Taiwan and Thailand.
Belgium 6%
France 13%
Germany 13%
Ireland 4%
Luxembourg 10%
Russia 3%
The Netherlands 5%
United Kingdom 31%
Other* 14%
Within Europe
* includes countries where fewer than 5 jobs were reported: Austria, Azerbaijan, Denmark, Liechtenstein, Lithuania, Norway, Poland, Portugal, Spain, Sweden, Switzerland and Turkey.
-
19
Company Size >10,000 (No. of Employees)
201 - 500 32%
51 - 200 20%
11 - 50 11%
1-10 37%
Company Size 1-500 (No. of Employees)
1 - 500 26%
501 - 1,000 5.5%
1,001 - 5,000 8.5%
5,001 - 10,000 4%
>10,000 56%
CompanySize1-500
26%
-
20
Corporate Sector Salaries and Sign-on bonuses by Region and Country
Overall Annual Mean Salary
81,100
Overall Annual Median Salary
85,000
Overall Annual Median Sign-on bonus*
15,600* 59% of corporate sector salaries were reported with sign-on bonus
* where at least 5 salaries were reported ** where at least 5 sign-on bonuses were reported
# Range Mean Median Sign-on Median Bonus (%) Sign on **Consulting 18 26,500-116,600 78,800 87,900 83% 8,800
Corporate Planning / 49 28,000-160,000 82,300 85,500 65% 19,700 Business Development
Finance 13 50,000-164,800 91,200 80,000 23% -
General Management 37 25,300-147,700 77,000 80,000 22% 13,600
Logistics / Purchasing 5 47,700-80,000 65,300 67,100 40% -
Marketing / Sales 57 33,500-120,000 76,500 76,300 56% 10,000
Production /Operations Management 11 52,000-97,300 70,100 70,200 36% -
Project Management 5 47,600-91,000 73,100 74,000 60% -
Leadership Development Programmes 61 63,200-113,400 88,300 87,800 89% 21,500
Technology Management 7 60,000-94,700 81,900 85,500 57% -
Total 263
By Top Function*
# Range Mean Median Sign-on Median Bonus (%) Sign on ** E-Commerce / Internet 79 27,000 108,800 78,000 85,000 65% 20,000
Energy 23 47,600 116,600 85,500 87,900 57% 12,800
Healthcare 12 63,900 97,600 81,900 82,500 75% 12,600
Information Technology 41 47,700 107,600 78,400 82,100 76% 15,300 /Telecommunications
Manufacturing / Conglomerates 34 46,600 160,000 88,500 89,700 65% 15,500
Media / Entertainment / Advertising 13 30,000 128,100 91,200 101,000 46% 9,500
Primary Industries 7 65,000 139,900 97,400 95,500 57% -
Public Sector / Social Impact 20 26,500 97,600 69,600 71,600 30% 9,400
Retail / Consumer & Luxury Goods 28 25,300 120,000 76,600 79,700 46% 12,600
Travel / Leisure Services 5 28,000 147,700 81,400 79,300 20% -Total 262
By Sector*
See page 17 for details of sub-sectors
-
21
# Range Mean Median Sign-on Median Bonus (%) Sign on **France 16 50,000 100,000 78,100 80,000 50% 14,500
Germany 17 30,000 105,000 83,100 86,000 76% 15,000
Belgium 8 56,500 120,000 80,800 75,000 50% -
The Netherlands 5 81,000 100,000 88,500 84,000 60% -
United Kingdom 38 25,300 107,400 81,600 92,200 55% 37,900
Total 84
Within Europe*
# Range Mean Median Sign-on Median Bonus (%) Sign on **China 18 45,500-105,000 72,800 74,600 61% 15,200
Japan 5 42,600-100,000 73,600 76,300 80% -
Singapore 42 43,900-164,800 85,100 84,100 50% 12,800
Total 65
Within Asia Pacific*
# Range Mean Median Sign-on Median Bonus (%) Sign on ** USA 32 58,300-116,600 89,000 85,500 78% 19,400
Total 32
Within North America*
# Range Mean Median Sign-on Median Bonus (%) Sign on ** Africa / Near / Middle East 16 27,000-116,500 75,500 77,700 19% -
Asia Pacific 88 28,000-164,800 78,300 78,500 57% 15,200
Latin America 7 51,700 160,000 101,300 89,800 57% -
North America 33 33,500-116,600 87,300 85,500 76% 19,400
Northern Europe 5 66,900-119,300 96,300 98,100 60% -
Southern Europe 5 47,600-74,000 56,100 52,700 20% -
Western Europe 111 25,300-120,000 81,400 85,000 65% 16,000
Total 265
By Region*
-
22
Consulting
In 2014, recruitment of INSEAD graduates into consulting rose to 41%, reflecting the appetite for hiring our MBAs and the interest from students. This figure is in line with the traditional levels we have experienced in the past, not counting recruitment in 2013.
We are pleased that INSEAD remains an important talent pool for the major players in the sector (number one on the list of core MBA schools and sometimes the only focus). Our business development efforts also attract smaller companies who are able to find a good match with the diverse INSEAD population.
In terms of geography, our students continue to be attracted to the UK market for its diversity, matching the diversity of our INSEAD population, and we have also noticed a significant increase in the number of students securing jobs in Singapore and in the Middle-East in 2014.
Africa / Near / Middle East 11%
Asia Pacific 20%
Central / Eastern Europe 9%
Latin America 4%
North America 10%
Northern Europe 3%
Southern Europe 9%
Western Europe 34%
By Region
# % Career Development Centre / 184 54% Alumni network
Pre-INSEAD employer 122 35%
Summer job* 23 7%
Own contacts 6 2%
Creating own company 7 2%
Total 342 100%
How did they find their job?
* Summer job only open to 1 class
-
23
France 4%
Germany 12%
Italy 4%
Norway 4%
Russia 10%
Poland 3%
Portugal 4%
Spain 6%
Switzerland 9%
The Netherlands 10%
United Kingdom 24%
Other* 10%
Within Europe
* includes countries where fewer than 5 jobs were reported: Austria, Belgium, Croatia, Czech Republic, Denmark, Hungary, Kazakhstan, Sweden and Turkey.
Australia 19%
China 16%
India 8%
Indonesia 9%
Singapore 32%
Other* 16%
Within Asia Pacific
* includes countries where fewer than 5 jobs were reported: Hong Kong, Japan, Korea, Malaysia and Thailand.
South Africa 13%
United Arab Emirates 79%
Other* 8%
Within Africa / Near / Middle East
* includes countries where fewer than 5 jobs were reported: Lebanon and Qatar.
-
24
Consulting Salaries and Sign-On Bonuses by Region and Country
Overall Annual Mean Salary
94,100Overall Annual Median Salary
95,000Overall Annual Median Sign-on bonus*
19,400
# Range Mean Median Sign-on Median Bonus (%) Sign on **Africa / Near / Middle East 38 54,700-163,200 97,400 101,000 87% 21,200
Asia Pacific 52 31,750-155,500 88,300 94,200 73% 13,900
Central / Eastern Europe 21 47,600-108,800 87,600 93,000 76% 22,500
Latin America 12 70,300-114,600 82,700 81,300 92% 21,000
North America 30 77,700-132,100 105,800 104,900 83% 19,400
Northern Europe 11 62,000-120,600 98,000 99,600 82% 25,400
Southern Europe 27 55,600-102,800 74,100 75,000 74% 20,000
Western Europe 108 55,000-149,700 99,700 98,500 59% 19,600
Total 299
By Region*
# Range Mean Median Sign-on Median Bonus (%) Sign on **Australia 9 79,500-155,500 105,600 102,300 67% 19,000
Brazil 11 70,300-114,600 82,600 79,100 91% 22,600
Canada 8 81,600-116,600 99,500 97,800 87% 16,100
China 7 75,800-113,500 101,400 105,200 100% 19,000
France 7 80,000-97,500 86,500 85,000 57% -
Germany 22 75,600-120,000 99,200 100,000 32% 20,000
Italy 6 70,000-80,000 74,500 73,900 83% 20,000
Norway 7 70,200-120,600 103,900 111,700 86% 25,300
Portugal 8 63,000-71,000 67,500 67,500 62% 15,000
Russia 14 90,000-108,800 95,500 93,750 93% 25,000
Singapore 17 37,300-100,700 87,500 95,200 82% 13,800
South Africa 5 54,700-68,500 60,600 58,200 80% -
Spain 11 75,000-102,800 81,400 80,000 73% 20,000
Switzerland 15 111,700-126,600 117,600 115,900 60% 33,100
The Netherlands 16 67,000-110,000 89,000 89,000 37% 17,500
United Arab Emirates 30 77,700-124,400 101,100 101,000 90% 21,400
United Kingdom 44 55,000-149,700 101,100 98,500 80% 18,900
USA 22 77,700-132,100 108,000 104,900 82% 19,400
Total 259
Within Selected Countries*
* where at least 5 salaries were reported ** where at least 5 sign-on bonuses were reported
* 72% of consulting salaries were reported with sign-on bonuses
-
25
-
26
Financial Services
Following big fluctuations in the post-crisis years, recruitment into financial services has stabilised at 17% of the class. As usual, there is a healthy distribution of 2014 graduates across the various sub-sectors of financial services. However, INSEAD graduates remain particularly enthusiastic about private equity and venture capital, which together accounted for 25% of those joining the finance sector in 2014. Thanks to INSEADs cultural diversity, our students are also attracted to finance careers that support growth in emerging markets.
Another trend that we have noted over the last two years is for graduates to join banks and insurance firms as internal consultants. This provides an interesting alternative to joining a consulting firm, especially for those with prior consulting experience.
Geographically, MBA recruitment appears to be booming in the UK financial services industry. Indeed 63% of our 2014 graduates accepting finance jobs in Europe headed for the UK mainly London. On the other side of the world, we see a similar enthusiasm for that other great dynamic regional finance hub, Hong Kong, which accounted for 23% of finance recruits in Asia Pacific. Singapore also remains a popular destination for this sector.
Globally, finance salaries rose in 2014 both the mean and the median were up by about 4,000 on the previous year. This was driven by increased compensation in investment banks, investment management firms and hedge funds particularly in North America and Western Europe.
# % Career Development Centre / 46 34% Alumni network
Summer job 35 26%
Pre-INSEAD employer 24 18%
Own contacts 22 16%
Creating own company 9 6%
Total 136 100%
How did they find their job?
By Top Job Title
By Sub-Sector
Insurance 5%
Investment Banking / Sales & Trading 33%
Investment Management / Hedge Funds 13%
Other Financial Services 18%
Private Equity / Venture Capital 25%
Real Estate 6%
Analyst (Asset Management ) 6%
Associate 56%
Manager / Consultant 13%
Vice President / Director 12.5%
Other 12.5%
-
27
Africa / Near / Middle East 6%
Asia Pacific 22%
Central / Eastern Europe 3%
Latin America 7%
North America 9%
Northern Europe 3%
Southern Europe 3%
Western Europe 47%
By Region
Germany 7%
Switzerland 9%
United Kingdom 63%
Other* 21%
Within Europe
* includes countries where fewer than 5 jobs were reported: Czech Republic, France, Georgia, Italy, Kazakhstan, Norway, Portugal, Russia and Turkey.
Hong Kong 23%
Singapore 27%
Other* 50%
Within Asia Pacific
* includes countries where fewer than 5 jobs were reported: Australia, China, India, Indonesia, Japan, Korea, Kuwait and Malaysia.
-
28
Financial Services and Sign-on Bonuses by Region and Country
Overall Annual Mean Salary
91,800
Overall Annual Median Salary
89,700
Overall Annual Median Sign-on bonus*
26,500* 49% of finance salaries were reported with sign-on bonus
# Range Mean Median Sign-on Median Bonus (%) Sign on **Insurance 5 46,800-103,500 82,800 82,800 40% -
Investment Banking / 41 62,200-164,200 98,200 99,300 71% 31,600 Sales & Trading
Investment Management / 13 34,500-151,600 91,800 93,300 54% 19,400 Hedge Funds
Other Financial Services 19 30,300-140,000 83,200 83,600 32% 20,300
Private Equity / Venture Capital 24 39,000-168,000 90,500 87,500 33% 11,000
Real Estate 5 72,000-104,800 86,500 83,900 - -
Total 107
By Division*
-
29
# Range Mean Median Sign-on Median Bonus (%) Sign on ** Analyst (Asset Managment) 8 57,600-116,600 91,000 90,900 37 -
Associate 63 30,300-168,000 93,500 95,200 54 32,200
Manager / Consultant 13 42,700-133,000 88,600 85,900 54 25,300
Vice President / Director 14 34,500-164,200 101,700 98,500 57 15,400
Other 9 46,800-100,000 69,600 70,000 - -
Total 107
By Top Job Title*
# Range Mean Median Sign-on Median Bonus (%) Sign on **Switzerland 6 82,800-128,300 103,500 101,400 83% 16,600
United Kingdom 44 57,600-168,000 101,200 98,500 64% 31,600Total 50
Within Europe*
# Range Mean Median Sign-on Median Bonus (%) Sign on ** Hong Kong 5 86,600-156,400 112,700 104,100 40% -
Singapore 6 76,300-129,400 96,900 96,400 33% -Total 11
Within Asia Pacific*
# Range Mean Median Sign-on Median Bonus (%) Sign on ** USA 5 70,700-116,600 95,800 97,200 80% -
Total 5
Within North America*
* where at least 5 salaries were reported ** where at least 5 sign-on bonuses were reported
# Range Mean Median Sign-on Median Bonus (%) Sign on **Africa / Near / Middle East 6 34,500-74,100 57,600 58,700 33% -
Asia Pacific 21 30,300-156,400 89,200 88,500 33% 30,800
Latin America 6 39,000-85,000 61,200 62,600 33% -
North America 9 70,000-116,600 90,600 93,300 44% -
Western Europe 57 57,600-168,000 99,600 99,300 60% 28,100Total 99
By Region*
-
30
Employers of 2014 INSEAD MBA Graduates
McKinsey & Company 120 (52)
The Boston Consulting Group 70 (27)
Bain & Company 44 (15)
Amazon 39
Accenture 19 (3)
Strategy& 19 (6)
Microsoft 16
A.T. Kearney 15 (4)
Google 13
Apttus 11
Uber 11
BP 9 (1)
Credit Suisse 8 (1)
Samsung 8
Apple 7
Citi 6 (1)
Deloitte 6 (5)
Morgan Stanley 6 (2)
Danaher 5
EF Education First 5
PWC 5 (2)
Africa Internet Group 4
Booz Allen Hamilton 4
Deutsche Bank 4
Genpact 4
Hilti Corporation 4
HSBC 4
Johnson & Johnson 4
Roland Berger Strategy Consultants 4 (2)
Siemens 4 (1)
EY (Ernst & Young) 3 (1)
International Finance Corporation 3 (1)
Kimberly Clark 3
L.E.K. Consulting 3 (3)
LinkedIn 3
LOral 3 (1)
Nike 3
Nissan Motor Corporation 3
We would like to highlight those employers who recruited the highest number of INSEAD graduates in 2014 and thank them for their continued support.
2014 Hires
Numbers in brackets are former employees returning to the organisation after graduation.
TOP EMPLOYERS
-
31
The Corporate Associate Programme
Partnering with INSEAD opens the door to unique opportunities for organisations seeking visibility and impact at The Business School for the World.
Remaining close to business is central to INSEADs values. Our corporate associates not only provide essential funding for innovative projects, they also join a global community that helps the school fulfil its mission to be The Business School for the World.
Corporate associates enjoy benefits built upon the schools international presence, its unique global view and its entrepreneurial roots.
Theseinclude:
Tapping into Global Talent Aimed specifically at recruiters who look to our 1,200+ MBA and EMBA students as a source of talent.
Powerful Presence Enhanced visibility for organisations, whose brand will be displayed across INSEADs communication platforms.
Learning Horizons Access to world class academic content, through the LIVE webinars series and INSEAD Knowledge newsletter.
Networking Opportunities Privileged networking and sponsorship opportunities with students, faculty, alumni and business leaders.
The Corporate Relations team provides a central point of contact and continuity for organisations who seek to engage with the
school, its faculty and talent through the INSEAD Corporate Associate Programme. The team provides associates with an overview of school-wide activities across its three campuses.
For further information about the Corporate Associate Programme and how your organisation can get involved, please contact our Corporate Relations team:
Hilde Deschoemaeker+ 33 1 60 72 90 54 [email protected]
Perrine Wyplosz+ 33 1 60 72 43 [email protected]
AccentureA.T. KearneyBain & CompanyCiti Deutsche BankGoldman SachsMcKinsey & CompanyMorgan StanleyNovartisOlayan Financing CompanyPhilip Morris InternationalRoland Berger Strategy ConsultantsStrategy& (formerly Booz & Company)The Boston Consulting GroupWPP
INSEAD thanks our 2014-2015 Corporate Associates for Their Support!
-
A.T. Kearney *
AB InBev
Abbott *
Abraaj Capital
Accelerate-Advertising
Accenture *
Acwa Power
Aditya Birla Group *
Admiral Group plc *
AdzCentral *
AEA Investors
AES Brazil
Affinity Equity Partners
Africa Internet Group *
Agility
AgilOne *
Agoda
AIG Express
Air Asia Expedia *
AJE group
Algolia
AlixPartners *
Allianz
Amazon *
Amcor *
Amdocs
American Appraisal
American Express *
American Tower
Amphenol Corporation *
Analysis Mason *
AnonyMessenger
ANZ Bank *
APEC
Apis Partners
APM Terminals
Apple *
AppNexus
Apptus *
Arbor Ventures
Arisaig Partners
Ariston Thermo Group *
Arma Partners *
Arocrest Capital Management
Ascent Africa
Aseguradora Magallanes
Ashoka *
Astana Finance
AstraZeneca
Atasun Optik
Atton Hoteles
Averda *
AXA
Axel Springer SE
B2W Digital
BabyTravel
Backstage
BAE Systems
Bain & Company *
Banco de Mexico
Bank of America Merrill Lynch *
Bank of Beirut
Barclays Capital *
Bayer Business Consulting *
BC Partners
Becton Dickinson *
Benefit Cosmetics
Bertelsmann AG *
BHP Billiton
BioMerieux *
Blablacar *
Blackrock *
Bloomberg
Blue Ocean Strategy
BNL Gruppo BNP Paribas *
Booking.com *
Booster *
Booz Allen Hamilton
Boston Scientific *
BP *
Braintree
Brasil Plural
Brenmiller Energy
BRF - Brasil Foods *
BT Group *
Burger King *
Burning Glass Technologies
Capacent
Capital Group *
Cargill *
Carmudi
CarTrade.com
Cathay Capital
CBRE Group
Cevian Capital
Chappuis Halder *
Chevron
Chinook Capital Group
Christian Dior
Christies
Chronocam
CIMB Group
Citi *
Clessidra
Clinton Health Access Initiative *
CMIA Capital Partners
Cobham
Codapay
Coesia *
Coles
Collabspot *
Commonwealth Bank
Confident Asset Management
CONVAERO GmbH
Convexity Capital Management
A
2014 Recruiting CompaniesCompanies in bold recruited at least three MBA graduates in 2014.Companies marked * participated in on-campus recruiting activities.
B
C
32
-
Creador
Credit Ease *
Credit Suisse *
Dalberg *
Danaher *
Dangote Group
Day Lewis Plc
Deloitte *
Delta Partners *
Designit
Deutsche Bank *
Development Bank of Japan Inc.
DIAGEO
Digimind *
DNV GL
DOJUS group
Doosan
Dovre Group
Dow Chemical *
Dream Unlimited
DRW Trading Group
Dunia Finance
DuPont Company *
E.ON Inhouse Consulting *
Easy Taxi
Ebay *
EDP
Educate Global Fund *
Edwards Lifesciences *
EF Education *
Eight Inc *
Eleva Educaao
Eli Lilly *
Emerson *
Emunah Investimentos
Energy Market Authority
Enphase Energy
EON
EPIC Companies *
Ericsson *
Ethos Private Equity
European Bank for Reconstruction and Development (EBRD) *
European Court of Auditors
Eurosia *
Eventbrite *
Evercore Partners Inc.
Everstone Capital
Evolutio Consulting
Expedia *
ExxonMobil
EY
Faurecia
FB Green
Fidelity Worldwide Investment *
Fine Lifestyles
Flixbus
FMC Technologies *
Fortran Aviation Pte Ltd
French Pals
FriendlyScore
FrieslandCampina
Frog
Galeries Lafayette
Gallup Consulting *
Gamma Capital
General Electric *
Generali *
Genpact
GlaxoSmithKline *
Glowbl
Golden Gate Ventures *
Goldman Sachs *
Google *
Grab Taxi *
Greenoaks Global
Gumbaya *
Guotai Junan International
H.I.G. Capital
H.J. Heinz Company
Havas
Haworth *
Healint *
Heinz *
Henry Schein *
Herkules Capital
Hewlett Consulting Partners
Highland Capital Management
Hillgate *
Hilti *
HMP Africa
Home Treasures
Hony Capital
HSBC *
HSBC Holdings Plc (Group strategy) *
Hua Dan *
Hult International Business School
Huxley Banking & Financial Services
D
E
F
G
H
33
Total: 450 companies of which333 hired Full Time graduates
-
I.M. Skaugen SE
IBM
Ignition-Program *
IJC Funds Sicav
IMEC
IMS Health *
Indian Revenue Service
Inditex SA *
Indra Business Consultants (Europraxis) *
Infineon
Innosight
INSEAD
Intalok
Intel *
International Finance Corporation *
International SOS *
Investir&+ *
ironSource *
Itau Unibanco *
Jana *
JC Capital *
Jefferies
JM, Lda
Johnson & Johnson *
JP Morgan *
Jumia
Jungle Ventures *
Kacific *
Kalypso
Kaymu
Keceph Ltd
Kevric Real Estate Corporation
Kiewit
Kimberly Clark *
King *
Korea Investment Corporation
KPMG *
Kreditech
Kroton Educacional
L Capital
L.E.K. Consulting *
Lazada *
Lazard
Le Chemiseur *
LEGO
Lend Lease
Lenddo *
LGT Venture Philanthropy *
Liberty Mutual
Liberty Wireless Pte Ltd.
Light My Home
Line Corporation
LinkedIn
Local Measure
Locumi Labs GmbH
LOral *
Louis Dreyfus Commodities
Lunar Capital
Macquarie
Magpie Polymers *
Maison Capital
Marceau Innovation *
Marksens *
Maya Capital
MBA & Co *
McKinsey & Company *
Medtronic
Merchalytics
Metapack *
Metlife *
Microsoft *
Millicom *
Millward Brown *
Milvik - Bima *
Ministry of Defence
Ministry of Finance Sri Lanka
Ministry of Health Singapore
Mirchandani Group
Missing Middle
Mitsubishi Corporation
Monica Vinader Ltd
Monsun AS
Morgan Stanley *
Mota-Engil
Moteefe
Motion waves *
Nath School
NBK Capital
Nesma
Nike
Nissan Motor Company *
Nobel Education Network
Nomura *
Norges Bank
Novade *
Oaktree Capital Management
OC&C Strategy Consultants
Odod LLC
Oliver Wyman
OMV
On Purpose *
One Acre Fund *
Ontario Teachers Pension Plan
Pagasa Steel Works Inc.
Pala Investments
Partenon EY
Partners Capital *
Partners in Performance *
Patron Capital
PayPal *
Philips
Pimco *
Plesner
Podar Education Network
Pole Sud *
Portalia
Portas Consulting
Portland Group *
Principia Management Group
Prophet *
PubMatic *
PWC
Pyxera Global
J
K
L
M
O
P
34
I
N
-
Quandoo *
Qubit
Quintiles *
Radboud University Medical Center
RB (Reckitt Benckiser)
Redmart *
Reebonz *
ReferralCandy *
Repucom
Richemont *
Rising Tide *
RobecoSAM
Roche *
Rochefort & Associes
Rocket Internet *
Roland Berger Strategy Consultants *
Roomorama *
Rothschild
Royal Bank of Canada
Saint Gobain *
Samsung GSG *
Sanford C. Bernstein Limited *
Sanofi *
Schlumberger Business
Consulting *
Schneider Electric *
Securite Assurance
Sener
SES (Store Electronic Systems)
Shell International *
Sia Partners *
Siemens AG *
Siemens Management Consulting *
Singapore Government
SK Vertical Capital
Skyscanner *
SMS Management and Technology *
Sodexo *
Solon Management Consulting *
Sonae
Sparknews *
Standard Chartered Bank *
Steertalent Co.Ltd
Strategy& (formerly Booz & Company) *
Swiss Reinsurance Company
Switch Responsible Ventures
Syngenta Crop Protection AG *
TabSquare *
TaDaweb
Tagit *
Talixo *
Target
Tata Steel
TBC Bank
Tchibo *
Tencent *
Terre Bleue
The Art of This Century
The Blackstone Group *
The Boston Consulting Group *
The Este Lauder Companies Inc. *
The European Stability Mechanism (ESM)
The Green Link *
The Impact Hub Paris *
The Lane Crawford Joyce Group
The Parthenon Group *
The Planorama Group *
The Wellcome Trust
Thomson Reuters
ThyssenKrupp *
TinkerLabs
TinyOwl
Tojo Vikas International
Total *
Tractebel Engineering
TradeGecko *
Transurban
travelmob *
Tree Line Investment Management
Trekurious
TripAdvisor *
Triton Partners
TSC The Stakeholder Company *
Tufton Oceanic
Turner Broadcasting Systems
Uber *
UBS
Unicredit *
Unilever
Value Partners *
VCTaskforce
Veson Nautical *
Vinebox
VIP.com
Vitruvian Partners LLP
Vomar
Voxbone *
Walmart
Warburg Pincus LLC
Warner Bros Entertainment
Waters
Wavecell *
Westwing Home and Living
Wipro Ltd
Wood Mackenzie *
Woolworths Limited
Worldpay
Yconomus *
Yum! Brands *
Yunus Social Business *
Zurich Insurance Company Ltd *
21st Century Fox *
3i
3M
50 Partners *
R
S
T
U
V
W
Y
Z
#
35
Q
-
36
Summer Internships / Projects and Compensation Trends
Some 58% of our December 2014 class used their summer vacation to do an internship or project, slightly more than in the previous year. Conversely, the number of companies employing INSEAD students over the summer fell from 189 the previous year to 149.
The most popular sectors were, as usual, those where companies tend to recruit large numbers of MBA graduates and thus have significant internship programmes. These include consulting firms, investment banks and IT / E-commerce companies.
Compared with last years figures, there appears to be a steep decline in interest in Retail / Consumer & Luxury Goods and a sharp rise in E-commerce / Internet internships. However this is largely due to our own recategorisation of these sectors.*
Internship compensation rose steeply in 2014 for INSEAD students. The mean and the median monthly salaries increased to 4,500 and 4,300 (up from 3,500 and 2,800 in 2013)
Total: 286
By Sector
Consulting
Corporate Services
E-Commerce / Internet
Energy
Healthcare
Information Technology/
Telecommunications
Insurance
Investment Banking / Sales & Trading
Investment Management / Hedge Funds
Manufacturing / Conglomerates
Media / Entertainment / Advertising
Other Financial Services
Primary Industries
Private Equity / Venture Capital
Public Sector / Social Impact
Real Estate
Retail / Consumer & Luxury Goods
Transportation / Logistics
Travel / Leisure Services
16%
4%4%
0.5%3%
1%
6%
21%
4%4%5%
2%
12.5%
3%
7%
1% 2%1%3%
* In line with LinkedIn categories, we have decoupled E-commerce companies from Retail and attached them to Internet.
-
37
China 9%
Hong Kong 11%
India 10%
Singapore 60%
Other* 10%
Within Asia Pacific
* includes countries where fewer than 5 jobs were reported: Australia, East Timor, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, Taiwan, and Vietnam.
Africa / Near / Middle East 4%
Asia Pacific 36%
Central / Eastern Europe 2.5%
North America 6%
Northern Europe 1.5%
Latin America 4%
Southern Europe 2%
Western Europe 44%
By Region
France 15%
Germany 10%
Luxembourg 14%
Russia 4%
Switzerland 6%
United Kingdom 39%
Other* 12%
Within Europe
* includes countries where fewer than 5 jobs were reported: Belgium, Bulgaria, Denmark, Hungary, Italy, Norway, Spain, Sweden, The Netherlands and Turkey.
-
38
Summer Internships / Projects Monthly Base Salaries
* Where 4 or more salaries were reported Exchange rate: Oanda, average for the period: 1/07/14 31/08/14
Overall Monthly Mean Salary
4,300
Overall Monthly Median Salary
4,500
# Range Median Brazil 5 1,500 6,000 2,650
China 8 200 7,800 1,200
France 17 900 4,500 1,800
Germany 14 1,200 6,000 4,600
Hong Kong 10 2,400 6,200 4,100
India 9 700 1,900 1,600
Russia 5 7,400 9,000 8,250
Singapore 57 400 8,400 2,400
Switzerland 7 2,900 8,200 8,000
United Arab Emirates 4 2,000 8,100 5,000
United Kingdom 50 1,000 9,050 6,800
USA 11 2,700 8,100 4,500
By Country*
# Range Median Consulting 45 600 9,050 7,000
E-Commerce / Internet 52 500 6,200 4,500
Energy 12 1,100 5,000 4,600
Healthcare 12 1,100 5,000 3,300
Information Technology / Telecommunications 13 450 8,100 1,500
Investment Management / Hedge Funds 4 1,000 7,200 5,900
Investment Banking / Sales & Trading 33 1,900 8,400 6,800
Manufacturing / Conglomerates 8 2,400 6,300 3,500
Media / Entertainment / Advertising 9 1,800 7,000 4,500
Other Finance 7 900 7,200 4,000
Primary Industry 7 1,600 1,900 1,600
Private Equity / Venture Capital 18 200 6,500 1,700
Public Sector / Social Impact 12 200 4,500 2,700
Retail / Consumer & Luxury Goods 8 600 3,000 2,100
Travel / Leisure Services 4 2,100 5,200 3,500
By Sector*
-
39
-
Companies in bold employed at least 3 interns
Companies which Hired Summer Interns in 2014
A.T. Kearney
Accenture
Accon International
Aditya Birla Group
Admiral Group plc
Aeris capital
African Leadership Academy
Airwatch
Alexander Lewis and Vaunte.com
Amazon
American Express
Amobee
Amphenol Corporation
Arborland Montessori
Areva
AVSF
Bain & Company
Barclays Capital
Benefit Cosmetics
BHP Billiton
Bima (Milvik)
BioRefinex
BNP Paribas
Bogga Wind Power
The Boston Consulting Group
Boston Scientific
Bridgepoint Capital
BT Group
Brookfield Renewable Energy Partners
Carrhae Capital
CBRE Group
Chanel
Chope
Citi
Clifford Capital
Cognita
CognoLink
Collabspot
Cox Media Group
Credit Suisse
CREN
Danaher
Decision Technologies Ltd
Deloitte
Deutsche Bank
DFR Asia
Ducon GmbH
E.ON Inhouse Consulting
eBay
Educate Global Fund
Endeavor
EPIC Companies
Feex
Fidelity Worldwide Investment
Financire Arbevel
Firebrand Group
General Electric
Glennmont partners
Glocal Partners
Goldman Sachs
Google
GroupM
Healint
Henkel
Hexagon AB
HgCapital
HSBC
IBM
InfraMed
INSEAD
Intercontinental Hotels Group
International Finance Corporation
Itau BBA
JF Hillebrand
Johnson & Johnson
JP Morgan
Jumia
Kevric Real Estate Corporation
King
L Capital (LVMH)
Lancel
LeapFrog Investments
Leica Biosystems
LG CNS
Lhoist
LinkedIn
LOccitane
LOral
Lotus Impact Fund
Lunar Capital
LVMH
A
B
C
D
E
F
G
H
I
J
K
L
40
-
Maxburg Capital
Partners
McDonalds
McKinsey & Company
Michael Kors
Microchip Technology
Microsoft
Millicom
Millward Brown
MJN Consult Arabia
Monitor Deloitte
Morgan Stanley
MSD
Newcleus
Nike
Northstar Silicon Island
Nova Founders
Novo Nordisk
Oslo Business Region
PayPal
PayPlug
Permira
Petit Bateau
Philips
Plan Padrinos
Prime Art Capital
Puma India
Rising Tide Asia
Roche
Roland Berger Strategy Consultants
Rothschild
Salamanca Group
Sanofi
Seminal Capital Partner
Shell International
Silver Needle Hospitality Group
Sony Corporation
Sovereign Capital
SportImpact
Spotify
Strategy& (formely Booz & Company)
Tau Investment Management
Tencent
The Green Link
Time Equity Partners
Time Warner
TLG Capital
Trusted Family
Uber Inc
Universidad Externado de Colombia
Vimcar GMBH
Virtus Partners
Virtusize
Visualead
Vivendi
Volaris
Ward Ferry Management Ltd
Wonga
Woodside Energy
Zalora
Total:149 Companies Hired Summer Interns
M
N
O
P
R
S
T
U
V
W
Z
41
-
42
A Wide Choice of Recruiting Methods
1,000+ MBA 220+ EMBA 50,000+ Alumni
The Career Development Centre team provides advice and assistance for recruiters throughout the hiring process. We are committed to working closely with organisations to find an INSEAD recruitment strategy that fits their needs.
Recruiters can access 1,000+ MBA, 220+ EMBA and a network of 50,000+ Alumni through our offices. Identical opportunities to hire INSEAD MBAs are provided twice a year on both of our campuses (Europe and Asia) in addition to 2 networking forums in the Middle East region. The number of MBA participants taking part in campus exchanges between INSEAD, the Wharton School of Business, Kellogg School of Management (US) and CEIBS (China) has stabilized. In 2014 around 69% of participants chose to move at least once between campuses. Given such mobility, it is vital that recruitment messages reach all participants.
Ideally, companies achieve this by having a physical presence on both campuses or by taking advantage of our video-conference facilities. We recommend mixing and matching the following recruitment methods according to your needs. Please do not hesitate to contact us to discuss your best approach for successful recruitment at INSEAD.
Recruit on campus
If you wish to build corporate brand image and increase awareness of your companys career opportunities, on-campus recruitment is usually the best approach. This consists of an on-campus recruiting event with interviews held at a later date. Employer visits take place during the two main recruitment periods (MarchJune and SeptemberDecember). Interviews can be arranged on both campuses, taking advantage of our interview rooms, video-conference facilities, and the web-based interview-scheduling system on our CareerGlobe platform.
-
43
Participate in a Networking Expo
The networking expo is a 2-hour multi-industry event taking place in an afternoon with a limited number of organisations invited. This event gives you the opportunity to meet with students early in the campaign and you will be able to display your promotional materials and banners in an informal setting.
Participate in a Networking Evening
Participating in a multi-industry networking evening, where a limited number of companies are invited, gives you a chance to network face to face with students in an exclusive setting.
Post a Job Description
At any time during the year, descriptions ofcareer opportunities (full-time positions or internships) can be posted on our user-friendly recruitment portal, CareerGlobe, free of charge and viewed by MBA participants on both campuses, EMBA participants and Alumni across the globe. The site makes it possible for applicants to respond directly to the recruiting organisation.
Contact Individuals Directly Through the CV Database
The CVs of our MBA and EMBA participantsare an important recruiting tool, whether companies plan to recruit on campus or by direct contact. We publish CV Books with many useful search capabilities, such as languages, previous work experience and educational background.
Recruit for Internships and Projects
The January intake has the opportunity to work on a JulyAugust internship or project during the two-month summer break. Managers hiring INSEAD MBA participants in this way benefit from having highly motivated, self-starting individuals work on specific business issues.
Career Development Centre Sponsored Events
We arrange many additional events throughout the year. Examples include: panel discussions on careers in specific industries or womens career issues; seminars on presentation skills or case interview techniques; and preparation for finance interviews. All of these provide participants with specialised insights and allow the companies involved to promote their brand on campus.
Clubs
INSEAD has a wide variety of sector-specific participant clubs, including consulting, healthcare, energy, private equity, marketing, entrepreneurship and NGOs. Working with the clubs on their various events enables recruiters to target and network with groups of motivated participants very efficiently.
-
44
Important INSEAD Recruiting Guidelines
Non-disclosure of Grades:
INSEADs selection criteria include a rigorous evaluation of intellectual and professional abilities. To obtain the MBA degree is a significant achievement. As a matter of policy, grades are considered confidential during the recruitment process. However, participants will be able to communicate whether or not they are on the official Deans List of high performers. Full transcripts of grades can be obtained only after graduation.
Equal Consideration for Participants on Both Campuses:
Participants are selected from a centralised applicant pool, so all campuses have roughly the same MBA profile. Recruiters are therefore expected to consider all candidates regardless of their campus location, including those on the exchange with Wharton, Kellogg and CEIBS. It is also in employers interests to target all INSEAD campuses, as after the first four months of the programme participants are able to move freely between sites every two months. The Career Development Centre has comprehensive systems in place, such as video-conferencing equipment, to facilitate this process.
Non-discrimination:
As an international business school, INSEAD adheres to the principles of equality and impartiality. We expect companies recruiting at INSEAD to respect these principles.
For more details on recruiting at INSEAD, please visit the Corporate Recruiters section of our website: http://www.insead.edu/corporate_recruiters/
General Enquiries
EuropeCampusTel: +33 (0)1 60 72 90 06 [email protected]
AsiaCampus Tel: +65 6799 5428 [email protected]
AbuDhabiCampus Tel: +971 2 651 52 00 [email protected]
-
45
-
List of Countries Per Region
Africa
Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Central African Republic
Chad
Comoros
Congo
Congo Rep.Dem.
Djibouti
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea-Bissau
Ivory Coast
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia
Niger
Nigeria
Reunion
Rwanda
Saint Helena
Sao Tome And Principe
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
Sudan
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe
Asia Pacific
Afghanistan
American Oceania
American Samoa
Australia
Bangladesh
Bhutan
Brunei Darussalam
Cambodia
China
Christmas Island
Cocos Islands
Cook Islands
East Timor
Fiji
French Polynesia
Guam
Hong Kong
India
Indonesia
Japan
Kiribati
Korea
Lao
Macau
Malaysia
Maldives
Marshall Islands
Micronesia
Mongolia
Myanmar
Nauru
Nepal
New Caledonia
New Zealand
Niue
Norfolk Island
North Korea
Pakistan
Palau
Papua New Guinea
Philippines
Samoa
Singapore
Solomon Islands
Sri Lanka
Taiwan
Thailand
Tokelau
Tonga
Tuvalu
Vanuatu
Vietnam
46
-
List of Countries Per Region
Central/Eastern Europe
Albania
Armenia
Azerbaijan
Belarus
Bosnia and Herzegovina
Bulgaria (EEA)
Croatia
Czech Republic (EEA)
Estonia (EEA)
Georgia
Hungary (EEA)
Kazakhstan
Kyrgyzstan
Latvia (EEA)
Lithuania (EEA)
Macedonia
Moldova
Montenegro
Poland (EEA)
Romania (EEA)
Russia
Serbia
Slovakia (EEA)
Slovenia (EEA)
Tajikistan
Turkey
Turkmenistan
Ukraine
Uzbekistan
Latin America
Anguilla
Antigua-Barbuda
Argentina
Aruba
Bahamas
Barbados
Belize
Bermuda
Bolivia
Brazil
Cayman Islands
Chile
Colombia
Costa Rica
Cuba
Dominica
Dominican Republic
Ecuador
El Salvador
Falkland Islands
Grenada
Guadeloupe
Guatemala
Guiana
Guyana
Haiti
Honduras
Jamaica
Martinique
Mexico
Montserrat
Netherlands Antilles
Nicaragua
Panama
Paraguay
Peru
Puerto Rico
St Kitts and Nevis
St Lucia
St Vincent and The Grenadines
Surinam
Trinidad and Tobago
Turks and Caicos Islands
Uruguay
Venezuela
Virgin Islands (British)
Virgin Islands (US)
Near/Middle East
Bahrain
Iran
Iraq
Israel
Jordan
Kuwait
Lebanon
Oman
Palestine
Qatar
Saudi Arabia
Syria
United Arab Emirates
Yemen
North America
Canada
USA
47
-
Northern Europe
Denmark (EEA)
Faroe Islands (Denmark)
Greenland (Denmark)
Finland (EEA)
Iceland (EEA)
Norway (EEA)
Sweden (EEA
Southern Europe
Cyprus (EEA)
Gibraltar (EEA)
Greece (EEA)
Italy (EEA)
Malta (EEA)
Portugal (EEA)
Spain (EEA)
Vatican
Western Europe
Andorra
Austria (EEA)
Belgium (EEA)
France (EEA)
Germany (EEA)
Ireland (EEA)
Liechtenstein (EEA)
Luxemburg (EEA)
Monaco
Switzerland
The Netherlands (EEA)
United Kingdom (EEA)
List of Countries Per Region
This report contains employment data for the July and December 2014 classes. As of 2016, and in line with INSEADs academic calendar, this report will be based on December 2014 and July 2015 classes, and published in January 2016.
48
Exchange Rates
Currency 2012 per *Australia (AUS$) 1.4464
Brazil (Real) 3.0868
Canada (CA$) 1.4304
China (Renminbi) 7.9159
Hong Kong (HK$) 9.9741
India (Rupee) 78.725
Indonesia (IDR) 15.431
Currency 2012 per *Japan (Yen) 140.29
Korea (Won) 1395.9
Lebanon (LBP) 1921.8
Malaysia (MYR) 4.2157
Norway (Krone) 8.4314
Poland (Zloty) 4.1926
Russia (Rouble) 53.739
Currency 2012 per *Singapore (SG$) 1.6380
South African (Rand) 14.127
Switzerland (SFr) 1.2079
UAE (Dirham) 4.7290
United Kingdom () 0.7913
USA (US$) 1.2878
*Source: Oanda.com (average exchange rate 01/07/2014 - 31/12/2014) Reference to local salaries displayed on page 15
-
49