Global Careers Report 2017: Global One-Year MBA

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Global One-Year MBA

Global Careers
Report 2017
Contents
Highlights
4


Global employment

Salary information
“I’m proud to say that at Hult, we
are experts in helping international students
find international jobs. This is important
17th 60th
because though our students come from Best International MBA Best MBA
Global career
12 different corners of the globe—from over in the world in the world
development 150 nationalities last year—they share the Bloomberg Businessweek (2016) The Economist (2016)
same goal: to make a change in their lives.
14 Global network After graduation, they do—99% change
either country, industry, or function. After
just three months, an impressive 90% of them
are employed, and not just at consulting and
finance firms, but also technology, healthcare,
non-profit, and energy roles across over 60
countries. Moreover, a brave 10% of them take
the plunge and start their own business.
90% 99%
of Hult MBA of Hult graduates
At Hult, we believe our students’ graduates were changed either
ideas can challenge the status quo and change employed after country, industry,
the way businesses are run. That’s why we
exist, and that’s what makes us a different kind
3 months or function
of business school. The statistics in this booklet
are a testament to the hard work of our
students, and to the faculty and staff
who help our students achieve their global
career ambitions.”

99% 2.6 year


Increase in payback period
pre-MBA salary The Economist
The Economist (3 year average 2014-2016)
(3 year average 2014-2016)

Katharine Boshkoff
Vice President
Global Career Development
GLOBAL EMPLOYMENT

Hult graduates from the Class Change in industry pre- and post-MBA

of 2016 accepted job offers at Consulting


8%
7%

Consumer Products 14%


13%

825 companies in 60+ countries Education

Energy / Petroleum
4%
6%
2%
2%

Students come to Hult to make a change—and they do. Financial Services 16%
17%

Government / Non-profit 7%
6%

Healthcare / Pharmaceutical 4%
8%

MBA employment by region High-Tech / Telecom 16%


20%

6% Manufacturing
6%
11%

Middle East &


9% Africa Media / Entertainment
1%
4%

Asia Professional Services


14%

14%

16% 58%
0% 10% 20%

Europe North America


Pre-Hult MBA Post-Hult MBA

11%
Latin
America

Change in function pre- and post-MBA

99% 90% 63% Administration 8%


2%

Consulting 8%
of Hult graduates of Hult MBA of international graduates 7%

changed either graduates were at U.S. campuses gained Engineering 4%


1%
country, industry, employed after employment in the U.S.
Finance / Accounting 21%
or function 3 months post-MBA 22%

General Management 14%


17%

Human Resources 1%
2%

10% 69% 68% Information Technology

Marketing / Sales
5%
6%
27%
of Hult graduates of Hult MBA of graduates 32%
started their own graduates changed changed industry Operations / Logistics 12%
11%
company country post-MBA
10% 20% 30% 40%

Pre-Hult MBA Post-Hult MBA

4 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 5


GLOBAL EMPLOYMENT

Top global employers Industry mobility

Post-Hult Industry
At Hult, accelerate your global career by networking with

Healthcare / Pharmaceutical
leading employers from around the world.

Government / Non-profit

Media / Entertainment

Professional Services
High-Tech / Telecom
Consumer Products

Energy / Petroleum

Financial Services

Manufacturing
Consulting

Education
Top 15 global employers of Hult graduates Consulting 3% 10% 3% 0% 24% 3% 7% 27% 13% 0% 10% 100%

Consumer Products 5% 29% 8% 2% 5% 2% 2% 15% 6% 0% 26% 100%


1. KPMG 5. L’Oréal 8. Hilti 12. Morgan Stanley
Education 5% 5% 21% 0% 11% 16% 11% 0% 0% 5% 26% 100%
2. PwC 6. Microsoft 9. Domino’s 13. Uber
3. Amazon 7. Bank of America 10. Google 14. Deloitte

Pre-Hult Industry
Energy / Petroleum 17% 17% 0% 0% 17% 0% 0% 0% 33% 0% 16% 100%

4. EF Education First Merrill Lynch 11. Tesla 15. AB InBev


Financial Services 12% 2% 3% 1% 47% 2% 1% 12% 5% 0% 15% 100%

Government / Non-profit 4% 11% 6% 2% 10% 13% 8% 27% 2% 0% 17% 100%

Leading employers of the Class of 2016 by campus Healthcare / Pharmaceutical 13% 9% 9% 9% 4% 4% 22% 9% 0% 4% 17% 100%

High-Tech / Telecom 13% 14% 3% 0% 7% 8% 2% 34% 3% 3% 13% 100%


Hult Boston Hult San Francisco Hult London Hult Dubai
AccorHotels AB InBev AB InBev 3M Manufacturing 3% 14% 5% 0% 9% 7% 7% 18% 16% 2% 19% 100%

Amazon Accenture Accenture BT


Media / Entertainment 11% 18% 4% 0% 11% 0% 7% 21% 3% 4% 21% 100%
Bank of America Merrill Lynch Amazon Amazon Hilti
Barclays Investment Bank Apple Bank of America Merrill Lynch KMPG Professional Services 8% 17% 7% 0% 12% 1% 8% 15% 3% 0% 29% 100%
BCBG Max Azria Bloomingdale’s Best Buy L’Oréal
BMW The Boston Consulting Group BMW Maersk Line How to read the chart: Shown are changes in industry pre- and post-Hult. For example, of those who entered Hult with a consumer products background,
BoConcept CBS Interactive Deloitte Microsoft 5% now work in consulting, 29% remained in consumer products, 8% work in education, and so on.

Deloitte Domino’s Deutsche Bahn


Ernst & Young (EY) EF Education First EF Education First
FedEx Fiat Chrysler Automobiles (FCA) Google
Fidelity Investments Google Hilti
Google Hewlett-Packard (HP) KPMG
Hewlett-Packard (HP) L’Oréal L’Oréal
“KPMG collaborates with “Hult candidates bring years
Hilti Macy’s Microsoft Hult due to the diversity of the students. of international experience and a strong
Huawei Microsoft Morgan Stanley They are strong academically and have sense of entrepreneurial spirit. Some of
JPMorgan NVidia PwC
KPMG Philip Morris International Salesforce
collaborative skills that are key to being our top recruitments in the last couple
L’Oréal PwC Siemens successful in the new world of work. of years have been from Hult, and we
Marc Jacobs Qualcomm UBS Hult students transition into our culture look forward to continuing to build
Morgan Stanley Salesforce Vodafone
Nomura Securities Siemens
and accelerate up the learning curve to our strategic partnership.”
Santander Uber become productive and valued team
Munir Kamil
Tesla UBS members.” Director of Human Resources
Uber Unilever
United Nations L‘Oréal
Gabriella Fragiacomo
Head of Human Resources & Learning
KPMG

6 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 7


SALARY INFORMATION

Increase your
earning potential Average MBA salary 3 months after graduation by campus

In just one year, return to the job market


$76,800 $83,400 $92,600 $97,100
Hult Dubai* Hult London Hult San Francisco Hult Boston
with an MBA salary.
*Data for this category is based on a three year average due to a small sample size.

Average post-MBA salary by students' region of origin*

99% $91,500 $110,000


Increase on Average MBA Average MBA
pre-MBA salary graduate salary three years
The Economist starting salary after graduation
(3 year average 2014-2016) (Based on 2014 data from
the Financial Times)
$94,700
$111,900 Europe
$106,700
Asia
North America

$309,300 David studied in Shanghai, worked with


Johnson & Johnson in New York, and $80,600** $76,100
South Asia
Average salary of completed his journey in Dubai. Now at Middle East & Africa

the top 10 highest Amazon, he hires Hult students for their


earning MBA unique mindset. $83,000
Latin America
graduates in the “The Hult MBA changed my life. Career
Class of 2016 Development helped me focus my job search, improve
(Includes base salary plus my interview skills, and get through Amazon’s tough
bonus incentives) recruitment process. The alumni network supported
me, and so now I do the same. Hult grads are flexible,
adaptable, and deliver results; they’re competitive
candidates for roles at a company like Amazon.”
*Average MBA salary based on students' country of origin. For example, students who came from South Asia earned on average $76,100 in 2016. Only cash components
David Domene Luque 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.
Area Manager, Amazon
**Data for this category is based on a small sample size.
Spanish and German
MBA Class of 2013

8 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 9


SALARY INFORMATION

Two-and-a-half year Increase your net worth in


payback period the job market by 99%
Because our MBA is one year, Hult students return to the Hult students increase their salary by 99% after an MBA.
workforce more quickly and recoup their investment in
just over two-and-a-half years.

2.2 99%
Bocconi Hult
2.6 94%
Hult Bocconi
2.7 89%
IE Boston U
2.9 79%
INSEAD NYU
3.4 76%
Cass MIT
3.5 74%
IMD IE
4.1 65%
Boston U INSEAD
4.2 62%
Cambridge LBS
4.8 60%
Oxford Harvard
4.8 58%
NYU Cass
4.9 57%
MIT IMD
5.0 51%
Harvard Cambridge
5.2 46%
LBS Oxford
Payback
Salary
period
Increase
0 1 2 3 4 5 6 (years)* 0% 20% 40% 60% 80% 100%

*Based on the 3-year average of The Economist Which MBA? data from 2014-2016, and accounting for cost of program, Based on the 3-year average of The Economist Which MBA? data from 2014-2016. Selected schools only.
earnings, and opportunity cost. Selected schools only.

10 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 11


GLOBAL CAREER DEVELOPMENT

Experts in international From Shanghai startups to San Franscico


big-name brand: With her Hult MBA,
student placement Sophia made the triple jump and changed
location, industry, and function
At Hult, you’ll have access to a team of global career advisors who “I spent most of my pre-MBA career in Shanghai startups
are experts in helping international students find international jobs. and venture capital. I wanted to become an entrepreneur and decided
an MBA in a tech capital would be the perfect way to do so. Hult’s
one-year format was very appealing, and the program was much more
pragmatic and experience-driven than other schools.
Sophia Xing Liu At Hult, I discovered new skills and interests I didn’t know
Product Manager even existed. The education and training we got was always applicable to
Past campus career events Lancôme; L’Oréal real-world situations, and I learned more about working in teams than I
Chinese could ever have hoped for.
‘Cracking employment at Google’ – San Francisco ‘1-Minute CEO TV pitch’ – Hult Dubai MBA Class of 2016
Hult alumni working at Google hosted an overview on how Role-playing as company CEOs, students received media
San Francisco’s job market is very competitive but Hult
to become part of the tech giant, and how to thrive once coaching before being given 1 minute to pitch their business idea
equipped us for the job search from the first day we came to campus.
employed there. live on camera. Students received feedback along with a CNN- We had our own advisors, I got a lot of help with my CV, and had one-
style video clip. on-one sessions. Hult brought a lot of recruiters onto campus and there
‘Working in the U.S. 101’ – Hult Boston
were so many opportunities for students to get in touch with people at
‘Networking the room like a rockstar’ – Hult London those companies. L’Oréal came to campus one day and, by submitting
Campus recruiting guru and best-selling author Dan Beaudry
Heather White, leading networking and personal brand expert, my application through Hult’s system, I secured a face-to-face interview
shared his expertise on what every international student needs to
hosted an interactive networking skills workshop followed by a
know about working in the U.S.
networking session with corporate guests and alumni.
with the HR director of L’Oréal Travel Retail Americas the next day.
When it came to the final interview, all those great tips and tricks I
learned at Hult worked—and I got hired!”

Career Development ROADmap

Developed through advising thousands of successful job seekers, our unique Career ROADmap approach (Reflect, Observe, Accelerate, Drive)
ensures that throughout the year, you have access to tools, coaching, support, and global job postings to help you develop the lifetime skills
and contacts needed to acheive your career ambitions.

Before Hult At Hult After Hult

• Information-packed webinars Reflect: Observe: Accelerate: Drive: • Hult Connect, the online portal
throughout the summer so you Understand your strengths Research interesting companies Define your target industries, roles, Meet employers, refine your interview for our 17,000+ alumni network
arrive to campus ready to hit the and passions and careers and locations techniques, and secure a job • Global job board and
ground running • Individual and group advising sessions • Workshops on networking, • Create a career plan – target companies, • One-to-one interview preparation networking events
designed to jump-start your job search interviewing, job search strategies, and target roles, target locations • Workshops on converting internships • Lifelong learning opportunities,
Topics include: • Resume and LinkedIn workshops sourcing internships • Peer-based coaching and job to jobs including one elective each
-- 7 tips for getting an international job • Career Boot Camp – ‘Personal • Company information sessions and support groups • Career Connections and Career year at a campus of your choice
-- Global market trends Assessment and Self Branding’ webinars • Job boards featuring diverse employment Forums to meet employers and (registration fee applies, but no
-- Realities of the U.S. job market • Career Boot Camp – ‘Market opportunities from alumni and employers identify opportunities other cost)
-- Hot jobs in business insights, Alignment and Role Fit’ • Career Boot Camp – ‘Interviewing • Post-graduation advising for
technology, and data analytics and Closing’ three months via advisors in
-- Fast-tracking your career at Hult Dubai, London, Boston, and
San Francisco

• MyCareer Resource Portal • Technology and online resources for career assessment,
• Global and regional networking resources and job boards job identification, and job search

12 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 13


GLOBAL NETWORK

Graduate with a global Country of origin for MBA Class of 2016

network in place
The Class of 2016 included students from 150+ nationalities
who spoke over 100 languages—you never know where your
next contact, investor, or business venture will come from.
21%
Europe
Age 19%
North America
12%
Asia
2%
31 7%
40+
<24
7%
Middle East &
Africa
14%
Average age of South Asia

Hult MBA students 15%


35-39 44% 27%
Latin America
25-29

32%
30-34

Professional experience

7 years 9%
13+ years 150+ 105 3
Average professional 10% Nationalities across Languages Average number
11-13 years
experience all Hult programs spoken across all of languages
37% and campuses Hult programs a Hult student
14% 3-4 years
8-10 years worldwide and campuses speaks
worldwide

30%
5-7 years

14 HULT MBA GLOBAL CAREERS REPORT 2017 HULT.EDU 15


A new kind of business school
for the global generation

Hult San Francisco


Campus Hult London
Hult Boston Campuses
Campus

Hult Shanghai
Rotation Center

Hult New York


Rotation Center Hult Dubai
Campus

Accelerate your global career


17th 90% 99%
Best International MBA of Hult graduates were Increase in pre-MBA salary
Bloomberg Businessweek employed after 3 months The Economist
(2016) (3 year average 2014-2016)

60th 99% 2.6 year


Best MBA of Hult graduates Payback period
in the world The Economist changed either country, The Economist
(2016) industry, or function (3 year average 2014-2016)

Enrollment Contact Numbers:


North America: Latin America: Europe: Middle East and Africa:
+1 617 746 1990 (Boston) +1 305 648 9746 (Miami) +44 207 341 8555 (London) +971 4 427 5800 (Dubai)
+1 415 869 2900 (San Francisco) +55 11 2122 9085 (Brazil) +41 41 417 4575 (Lucerne)

South Asia: Asia and Australasia: Hult International Business School is a 501 (c)(3) non-profit educational organization
+91 22 4944 4322 (Mumbai) +852 2111 2399 (Hong Kong) registered in the Commonwealth of Massachusetts and accredited by the New England
Association of Schools and Colleges (NEASC).
+86 21 6133 6588 (Shanghai)

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