global one-year mba global careers report - hult 4...
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Global Careers Report
Global One-Year MBA
“Increasing your salary, switching careers, or gaining knowledge to start a company—whatever your reasons for obtaining an MBA, you want to be sure your investment is worth it. With Hult, we hope it will be—130% increase on pre-MBA salary, 99% of students change country, industry, or function, and 88% of students are employed 3 months after graduation, while 10% of Hult graduates start their own company.
The statistics in this booklet showcase Hult’s expertise in producing a student body of productive global citizens. Every year we help thousands of students from around the world find jobs, launch their own companies, and achieve their full global career potential.”
88%of Hult MBA graduates are employed after 3 months
130%Increase in pre-MBA salary
99%of Hult graduates changed either country, industry or function
Content4 Global employment
8 Salary
12 Global career development
14 Global network
2 yearpayback periodPayback period based on The Economist (2015) data The Economist (2015)
62ndBest Business School in the U.S.Bloomberg Businessweek (2015)
65thBest Business School in the WorldThe Economist (2015)
Highlights
Katharine BoshkoffVice PresidentGlobal Career Development
In 2015, Hult graduates accepted job offers at 800 companies in 60 countries
99%of Hult graduates changed either country, industry, or function
68%of Hult MBA graduates changed country
88%of Hult MBA graduates are employed after 3 months
66%of MBAs changed Industry
75%of international students at U.S. campuses gained employment in the U.S. post MBA
10%of Hult graduates start their own company
MBA employment by region
6%Asia
15%Europe
9%Latin America
8%Middle East & Africa
62%North
America
Change in industry pre and post MBA
Consulting
Consumer Products
Education
Energy / Petroleum
Financial services
Government / Non-profit
Healthcare / Pharmaceutical
Tech/Telecom
Manufacturing
Media / Entertainment
Professional Services
10% 20% 30%
Pre-Hult MBA Post-Hult MBA
5% 14%
14% 13%
3% 4%
3% 4%
15% 15%
6% 2%
5% 6%
16% 26%
9% 5%
6% 3%
18% 8%
Change in function pre and post MBA
10% 20% 30% 40%
Pre-Hult MBA Post-Hult MBA
Administration
Consulting
Finance / Accounting
General Management
Human Resources
Information Technology
Marketing/Sales
Operations / Logistics
Engineering
9% 2%
8% 15%
21% 15%
17% 17%
1% 3%
3% 9%
30% 33%
8% 4%
3% 2%
4 5HULT.EDUHULT GLOBAL CAREERS REPORT
GLOBAL EMPLOYMENT
ABInBev Accenture Airbus Akamai Amadeus Amazon ArcelorMittal AT&T Audi Bank of America BNY Mellon Cartier Citibank Deloitte EF Education First EY GM Google Heineken Hilti HubSpot Intel JD.com Jeep JP Morgan Chase KPMG L‘Oréal ManpowerGroup McDonald‘s Microsoft MindBody Motorola Nike Ocean Spray Oracle Porsche Procter & Gamble PwC Santander SAP Tesla
AccentureAdidasAmazonAstraZenecaAvisBudget GroupAvivaAXABank Of America Merril LynchBlackRockBloombergBMWBNP ParibasBoschCognizantDeloitteDeutsche BankEF Education FirstEMCEYGucciHenkelHiltiKPMGLloyds Banking GroupLVMHLyftMarsMicrosoftNielsenOcean SprayOgilvy & MatherOracleProcter & GamblePwCSantanderSchneider ElectricSiemensThompson ReutersTod’sUberUnilever
ABInBevAmazonAmnesty InternationalAutodeskBMWCarlson Wagonlit TravelCognizantDeloitteEMCEYFedExGEGoogleGrant ThorntonHiltiHSBCJP Morgan ChaseL’OrealLloyds Banking GroupLVMHMicrosoftNielsenOracleSchneider ElectricSiemensTeslaThe World BankThomson ReutersTod’sWalmartWells Fargo
ABBBooz Allen HamiltonBoschBritish American TobaccoBTBulgariDeloitteEF Education FirstEMCJohnson & JohnsonMastercardOgilvy & MatherOraclePhilip MorrisPhilipsPorscheTetra PakThomson Reuters
1. Google2. Deloitte3. PwC4. EF Education First5. KPMG
6. EY 7. Wells Fargo8. Microsoft9. Oracle10. Nielsen
11. Amazon12. EMC 13. Hilti14. Porsche15. Bloomberg
“Hult candidates bring years of international experience and a strong sense of entrepreneurial spirit. Some of our top recruitments in the last couple of years have been from Hult, and we look forward to continuing to build our strategic partnership.”
“KPMG collaborates with Hult due to the diversity of the students. They are strong academically and have collaborative skills that are key to being successful in the new world of work. Hult students transition into our culture and accelerate up the learning curve to become productive and valued team members.”
Gabriella Fragiacomo Head of Human Resources & LearningKPMG
Munir Kamil Director of Human Resources L‘Oréal
Leading employers of 2015 Hult graduates by campus
Top 15 global employers of Hult graduates
Top global employers
Hult Boston Hult London Hult San Francisco Hult Dubai
Industry mobility before and after degree
Post-Hult Industry
Pre-
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Consulting 36% 14% 0% 0% 11% 0% 0% 18% 4% 13% 4%
Consumer Products 12% 22% 1% 0% 10% 1% 10% 28% 6% 5% 5%
Education 4% 12% 14% 0% 12% 0% 5% 15% 8% 15% 15%
Energy / Petroleum 17% 0% 8% 17% 17% 0% 0% 8% 8% 8% 17%
Financial Services 12% 5% 4% 1% 41% 4% 5% 17% 1% 5% 5%
Government / Non-profit 20% 22% 7% 3% 10% 10% 8% 18% 2% 0% 0%
Healthcare / Pharmaceutical 17% 8% 4% 4% 4% 4% 38% 9% 4% 8% 0%
High-Tech / Telecom 13% 3% 1% 2% 7% 1% 0% 62% 4% 6% 1%
Manufacturing 0% 14% 0% 6% 10% 0% 2% 29% 27% 4% 8%
Media / Entertainment 19% 23% 3% 3% 0% 0% 6% 23% 10% 10% 3%
Professional Services 11% 16% 6% 3% 13% 1% 3% 23% 2% 7% 15%
6 7HULT.EDUHULT GLOBAL CAREERS REPORT
GLOBAL EMPLOYMENT
“It’s been six months since I started my MBA and I’ve already been offered a role at Amazon—with a six-figure salary. I took a chance on Hult, and it plugged me into a world of possibilities. It has changed the rest of my life.”
$90,600
$82,800
$94,100
$92,800
$90,100
$106,000*
South Asia
AsiaNorth America
Latin America
Europe
Middle East & Africa
Average post-MBA salary by student’s region of origin**
*Data for this category is based on small sample size.
**Average MBA salary based on students’ country of origin. For example, students who came from South Asia earned on average $92,800 in 2015.
Only cash components of remuneration are taken into account. Stock options, equity, and other benefits associated with start-ups are not included.
The salary figures referenced do not take into consideration income tax rates or cost of living.
Please note: figures represent a three-year average.
Average MBA salary 3 months after graduation by campus
(2014 data)
$91,900Average starting salary
130%Increase on pre-MBA salary (up from 122% in 2014)
$93,300Hult Boston & San Francisco
$84,300Hult London
$86,500Hult Dubai*
Increase your earning potential
$245,000Average salary for top 10 MBA students in the class of 2015
$110,000Average salary 3 years after graduation
Umesh Tiwari Indian Technical Program Manager AmazonMBA Class of 2015
8 9HULT.EDUHULT GLOBAL CAREERS REPORT
SALARY
90%60% 150%30%0% 120%
1.8Bocconi
2.1
Hult
2.2 Cass
3.1 IE
3.1
INSEAD
3.5 IMD
4.3
Boston U
4.7 Oxford
5.1
NYU
5.2 MIT
5.3
Harvard
5.9 Cambridge
6.4
LBS
3 6 72 51 4
Payback period (years)*
*Based on The Economist Which MBA? 2015 data accounting for cost of program, earnings, and opportunity cost. Selected schools only.
2 year payback periodIncrease your net worth in the job market by 130%
Source: The Economist 2015 MBA rankings (selected schools only)
Hult 130%
Bocconi 123%
Cass 93%
Boston U 80%
NYU 71%
MIT 70%
IE 69%
INSEAD 65%
Harvard 59%
IMD 59%
LBS 50%
Oxford 47%
Cambridge 32%
Hult students recoup their investment in just 2 years Hult students increase their salary 130% after an MBA
Salary Increase
10 11HULT.EDUHULT GLOBAL CAREERS REPORT
SALARY
Continuous career developmentOur dedicated career development teams work one-on-one with students at each of our global campuses to prepare them for the global job market. Here are a few snapshot events:
Cracking employment at GoogleHult alumni working at Google hosted
an overview on how to become part
of the tech giant, and how to thrive
once employed there. Hosted by
Hult San Francisco.
1-Minute CEO TV pitchRole-playing as company CEOs, students
received media coaching before being
given 1 minute to pitch their business
idea live on camera. Students received
feedback along with CNN-style video
clip. Hosted by Hult Dubai.
Networking the room like a rockstarHeather White, leading networking
and personal brand expert, hosted
an interactive networking skills
workshop followed by a networking
session with corporate guests and
alumni. Hosted by Hult London.
Working in the U.S. 101Campus recruiting guru and best-selling
author, Dan Beaudry, shared his
expertise on what every international
student needs to know about working
in the U.S. Hosted by Hult Boston.
Career Fast Track• Line by line review to optimize your resume
• Effective resume writing webinar
• Training on how to start your personal job search
• Global market employment trends overview
Dedicated Global Career Advisors• One-on-one career advising
• Career guidance for international job searching
• Personal resume review
• Interview preparation and workshops
• Appointment-free access
Job Listings on MyCareer Portal
Practical Career Development• Coaching on how to break through in the job hunt
• Negotiation and personal branding seminars
• Networking workshops
• High-stakes interview preparation to help secure job offers in final stage interviews
Professional Networking• Fortune 500 networking events
• High-growth midmarket and startup networking events
• Corporate speakers
• Global career open houses
• Alumni mixers
Alumni Mentorship Program• Connect with global alumni for mentoring, career advice, and job opportunities
Before Hult At Hult After Hult
Hult supports your global career before, during, and after you study
Global Alumni Network• Access to Hult Connect, the online portal for our 16,000+ strong alumni network
• Access to local chapter events with 70+ chapters and clubs
• Alumni Mentorship Program
• Global job board and networking events
Lifelong Learning Opportunities• One elective a year for life
• Ashridge Summer programs
12 13HULT.EDUHULT GLOBAL CAREERS REPORT
GLOBAL CAREER DEVELOPMENT
6 years
Age 31
Average professional experience
Average age of Hult MBA students
32%5-7 years
13%8-10 years
38%3-4 years
7%13+ years
10%11-13 years
48%25-29
33%30-34
12%35-39
2%<24
5%40+
20%
23%
25%
9%14%
9%
South Asia
AsiaNorth America
Latin America
Europe
Middle East & Africa
Country of origin for MBA class of 2015
Age
Professional experience
134nationalities across all Hult programs and campuses worldwide
105 3languages spoken across all Hult programs and campuses worldwide
average number of languages a Hult student speaks
Instantly expand your global networkThe class of 2015 has students from 130+ nationalities who speak over 100 languages
14 15HULT.EDUHULT GLOBAL CAREERS REPORT
GLOBAL NETWORK
2 yearPayback period based on The Economist (2015) data
88%of Hult graduates are employed after 3 months
62ndBest Business Schools in the U.S. Bloomberg Businessweek (2015)
130%Increase in pre-MBA salary The Economist (2015)
99%of Hult graduates changed either country, industry or function
65thBest Business School in the U.S. The Economist (2015)
Accelerate your global career
Before Hult At Hult After Hult
Hult supports your global career before, during, and after you study
North America:
+1 617 746 1990 (Boston)
+1 415 869 2900 (San Francisco)
Latin America:
+1 305 648 9746 (Miami)
+55 11 2122 9085 (Brazil)
Key Enrollment Contact Numbers:
Europe:
+44 207 341 8555 (London)
+41 41 417 4575 (Lucerne)
Middle East and Africa:
+971 4 427 5800 (Dubai)
South Asia:
+91 22 4944 4300 (Mumbai)
Asia and Australasia:
+852 2111 2399
(Hong Kong)
Career Fast Track
• Line by line review to optimize your resume
• Effective resume writing webinar
• Training on how to start your personal job search
• Global market employment trends overview
Dedicated Global Career Advisors
• One-on-one career advising
• Career guidance for international job searching
• Personal resume review
• Interview preparation and workshops
• Appointment-free access
Professional Networking
• Fortune 500 networking events
• High-growth midmarket and startup networking events
• Corporate speakers
• Global career open houses
• Alumni mixers
Practical Career Development
• Coaching on how to break through in the job market
• Negotiation and personal branding seminars
• Networking workshops
• High-stakes interview preparation to help secure job offers in final stage interviews
Job Listings on MyCareer Portal
Alumni Mentorship Program
• Connect with global alumni for mentoring, career advice, and job opportunities
Global Alumni Network
• Access to Hult Connect, the online portal for our 16,000+ strong alumni network
• Access to local chapter events with 70+ chapters and clubs
• Alumni Mentorship Program
• Global job board and networking events
Lifelong Learning Opportunities
• One elective a year for life
• Ashridge Summer programs