MBA EMPLOYMENT REPORT

2017
 2017
TRENDS & STATISTICS

It was a very successful recruitment year for the
Class of 2017, with 93 percent having accepted
job offers within three months of graduation.
Our 92 percent international class graduated
fully prepared to become the global business
leaders of the future. They joined our network
of more than 57,000 talented alumni, located
in 135 countries across the world, and armed
with a global mindset and the latest business
knowledge, more than 50 percent of the class
secured positions outside of their home country.
While 47 percent of graduates will continue their
journey in Europe, we saw an increase in the
number of students who accepted employment
in Asia (23 percent) and North America (11
percent). As with past years, the majority of our
students made a career transformation, with 64
percent changing sector, 68 percent changing
function and 55 percent changing their location.
Almost 65 percent of the class changed two of
the three elements and an impressive 34 percent
made the “triple jump” and changed all three.
range of industries including Energy/Utilities,
Life Sciences, Luxury, Consumer Goods and
Automotive. The most popular sector within
Industry was Technology, coming in at 19 percent,
an increase of 2 percentage points over last
year. In addition, 21 percent of the class secured
positions in the Finance sector and 18 percent in
Consulting.
Our revamped Career Center includes Career
& Corporate Development Managers, a new
careers-focused curriculum and a dedicated
Employer Engagement team that sources new
opportunities with international corporate
partners.
The Careers Team would like to take this
opportunity to thank our loyal alumni and
recruiters, who continue to show confidence in
our talent. We are proud of our achievements
and we look forward to continuing to prepare
future generations of global leaders to solve the
business problems of tomorrow.

The Economist ranked the HEC Paris MBA as Yasmina Mallam-Hassam

the top program in Europe, and it was ranked Director of Careers, HEC Paris
as one of the top 10 programs in the world
by Bloomberg Businessweek. In addition, the
program ranked third in the world in the Global
QS rankings. We are proud to remain in the top
European MBAs as ranked by Forbes, Financial
Times and Poets & Quants.

Our Career Center ensures that students’

career goals align with the needs of the global
job market and we encourage our students to
explore a variety of industries and functions.
This diversity is reflected in the placement data
with 47 percent of students securing roles in a
 CLASS PROFILE

CLASS PROFILE
HEC PARIS MBA CLASS OF 2017
NUMBER
OF PARTICIPANTS NATIONALITIES

198 52
INTERNATIONAL
PARTICIPANTS AVERAGE AGE

92% 30

GENDER GMAT AVG

30% WOMEN 690

AVERAGE WORK
EXPERIENCE
6 YEARS

GEOGRAPHIC ORIGINS (NATIONALITIES)

25%
EUROPE

26% 8% 41%
AMERICAS AFRICA &
MIDDLE ASIA &
EAST OCEANIA

4
 HEC PARIS MBA 2017

CURRENT CLASS PROFILE

HEC PARIS MBA CLASS OF 2019
NUMBER
OF PARTICIPANTS NATIONALITIES

239 55
GEOGRAPHIC ORIGINS (NATIONALITIES)

INTERNATIONAL
PARTICIPANTS AVERAGE AGE 18%

92% 30 EUROPE

27% 12% 43%

AMERICAS AFRICA &
MIDDLE ASIA &
EAST OCEANIA

GENDER GMAT AVG

32% WOMEN 690

AVERAGE WORK
EXPERIENCE
6 YEARS

“I’m a career switcher,

and the MBA was a crucial
step on the way to achieve
my ambition. I absolutely
wanted to work with
sustainability topics or
electric vehicles and making
the switch would never have
been possible without the
HEC Paris MBA.”
Marielle Valle Jewander MBA ’17
Service Innovation Manager
Renault Services International

5
HEC PARIS MBA
 SALARIES

SALARIES

On average, MBA graduates from

HEC Paris doubled their pre-MBA salaries.
OVERALL MEAN SALARY

2015 2016 2017

Overall Average Salary Package

93% $101,400 $104,700 $112,800

OF THE CLASS
ACCEPTED JOB
OFFERS WITHIN
THREE MONTHS Sign-on Bonus
OF GRADUATION

$13,600 $14,800 $27,800

TOTAL

$112,800 $108,800 $27,800 $25,000

ANNUAL SALARY ANNUAL SALARY SIGN-ON BONUS SIGN-ON BONUS
PACKAGE (MEAN) PACKAGE (MEDIAN) (MEAN) (MEDIAN)

6
 HEC PARIS MBA 2017

SECTOR

CONSULTING North America

Annual Salary (Mean) $121,900
Annual Salary (Median) $109,400
Sign-on Bonus (Mean) $13,600
Performance Bonus (Mean) $21,100
FINANCE
Annual Salary (Mean) $113,100
Annual Salary (Median) $120,500
Sign-on Bonus (Mean) $24,700
Performance Bonus (Mean) $27,700
Annual Salary (Mean) $113,800
Annual Salary (Median) $120,000
Sign-on Bonus (Mean) $21,600
Performance Bonus (Mean) $32,800
Southeast Asia
Annual Salary (Mean) $92,250
Annual Salary (Median) $83,900
Sign-on Bonus (Mean) $16,200
Performance Bonus (Mean) $28,100

INDUSTRY Middle East/Gulf Region

Annual Salary (Mean) $110,500 Annual Salary (Mean) $121,500
Annual Salary (Median) $107,500 Annual Salary (Median) $129,700
Sign-on Bonus (Mean) $34,800 Sign-on Bonus (Mean) $14,300
Performance Bonus (Mean) $59,800 Performance Bonus (Mean) $22,000

SERVICES South America

Annual Salary (Mean) $102,950 Annual Salary (Mean) $122,100
Annual Salary (Median) $75,000 Annual Salary (Median) $78,600
Sign-on Bonus (Mean) $32,500
Performance Bonus (Mean) $8,400

LOCATION Sub-Saharan Africa

Annual Salary (Mean) $110,700
Annual Salary (Median) $110,700
France Sign-on Bonus (Mean) $17,500
Annual Salary (Mean) $110,000 Performance Bonus (Mean) $38,300
Annual Salary (Median) $114,900
Sign-on Bonus (Mean) $31,600 Oceania
Performance Bonus (Mean) $18,600 Annual Salary (Mean) $132,200
Annual Salary (Median) $132,200
Western Europe (including France) Performance Bonus (Mean) $8,100
Annual Salary (Mean) $118,400
Annual Salary (Median) $112,400 South Asia
Sign-on Bonus (Mean) $33,900 Annual Salary (Mean) $62,800
Performance Bonus (Mean) $28,400 Annual Salary (Median) $62,800
Sign-on Bonus (Mean) $13,200

7
HEC PARIS MBA
 CAREER TRANSFORMATION

CAREER
TRANSFORMATION

At the HEC Paris MBA, we pave the way for students to transform their careers. International mobility
continues to be at the core of our post-graduation placements, with 51 percent of the class now working
outside of their home country. Sixty-five percent of the class changed two of the three elements of career
transformation (function, sector and location) and an impressive 34 percent successfully made the “triple
jump,” changing all three aspects of their career.

FOR THE CLASS OF 2017

68% 64%CHANGED
55%
CHANGED CHANGED
FUNCTION SECTOR LOCATION

65%
CHANGED AT
34%
LEAST TWO OF CHANGED
THESE THREE ALL THREE
ELEMENTS

8
 HEC PARIS MBA 2017

SECTOR CHANGE
Overall, our students made the biggest movement into the Information/Computer Technology sectors and the
Consulting sector. We also saw an increase in the number of students moving into Finance.

PRE-MBA POST-MBA

Automotive Consulting Consumer Goods Energy/Utilities

1% 11% 4% 9%
3% 18% 4% 4%

Financial Services Food/Beverages Govt./Not-for-profit Information/Computer

17% 4% 6% Technology
21% 1% 2% 6%
19%

Legal Life Sciences Luxury/Retail Media/Entertainment

3% 6% 4% 4%
1% 8% 4% 1%

Other Services Telecoms Travel/Transportation

18% 2% 4% 1%
7% 3% 2% 2%

FUNCTION CHANGE
These results show that our students graduate ready to take on leadership positions, with many moving into
managerial roles and “fast-tracks” to C-level positions.

PRE-MBA POST-MBA

Business Development Consulting Engineering

8% 12% 14%
11% 21% 0%

Financial Services General Management Marketing & Sales

21% 4% 14%
20% 15% 12%

Ops, Production, Logistics Other

9% 18%
14% 7%

9
HEC PARIS MBA
 RECRUITER ACTIVITY

RECRUITER
ACTIVITY
It has been another successful year for the graduating class with 93 percent securing employment within
three months of graduation; an increase of 1 percentage point from the previous year. These results are a
testament to the quality and proactivity of the cohort and the support of our strong alumni network.

This is also demonstrated in the rate of block hiring, which is defined as companies that hire more than
two graduates from the class. Block hiring has increased by four percentage points to 44 percent, growing
steadily throughout the previous four years.

The top recruiters continue to include leading consulting firms, such as McKinsey and Bain, as well as top
technology firms, such as Microsoft, Amazon and Google.

TOP RECRUITERS

SOURCE OF JOB 18%

On-Campus
18% Recruitment Event 7%
HEC Careers, Previous
HEC Paris MBA students have been Alumni or Faculty Employer
consistently attractive to a broad
range of recruiters with over 200
organisations recruiting from the 5%
Internships
program this year. More than 50
percent of the cohort found jobs
10%
Internal
through HEC Paris. Job
Postings

23%
Own Network

19%
Other

10
 HEC PARIS MBA 2017

“The HEC Paris MBA

offered me the best tools
to enable a solid career
switch. Through its
high-level classes, club
events and extensive
alumni network, I met
inspiring professionals
and did an immersion
in the luxury universe.
It allowed me to go
out of my comfort zone
and be able to change
industry, function and
language altogether.”

Caroline Spegiorin MBA ’17

Global Marketing Promotions Manager
Burberry Beauty

11
HEC PARIS MBA
 CAREER CHOICES
CAREER CHOICES FOR
THE CLASS OF 2017
Rate
Employed at three months 93%
Sector
Industry 47%
Information/Computer Technology 19%
Energy/Utilities 4%
Luxury/Retail 4%
Life Sciences 8%
Consumer Goods 4%
Food/Beverages 1%
Automotive 3%
Other 4%
Finance 21%
Financial Services 21%
Consulting 18%
Consulting 18%
Services 14%
Media/Entertainment 1%
Travel/Transportation 2%
Government/Not-for-profit 2%
Telecoms 2%
Services 3%
Legal 1%
Other 3%
Function
Financial Services 20%
Business Development 11%
Consulting 21%
Marketing and Sales 12%
General Management incl. MDPs 15%
Operations/Production/Logistics 14%
12
Engineering 0%
Other 7%
Location
Region
France 21%
Western Europe (excluding France) 24%
Eastern Europe 2%
North America 11%
Latin America and Caribbean 8%
Middle East 6%
Central Asia 4%
Asia (including Australia) 19%
Africa 4%
Other 1%
International Mobility
Working outside their home country 51%
as percentage of total Class
Working outside France 79%
as percentage of total Class
Non-Europeans working in W. Europe 46%
as percentage of European
placement only (55%)
Non-French working in France 64%
as percentage of French
placement only (21%)
Non-Europeans working in France 60%
as percentage of French
placement only (21%)
HEC PARIS MBA 2017

“The HEC Paris MBA

was a game changer.
It opened me to a wide
spectrum of opportunities
and enabled me to focus on
what I was interested in:
investment in Africa.”

Tsilavina Andriamisaina MBA ’17

Senior Manager, Deal Advisory Africa
KPMG France

13
HEC PARIS MBA
 SECTOR AND FUNCTION ANALYSIS

SECTOR
ANALYSIS
INDUSTRY
Industry continues to be the strongest recruiting sector for the HEC Paris MBA with 47 percent of students
being hired in this sector. Technology continues to be the force within the sector, with 19 percent of the
class securing employment in the sector. The range of technology recruiters in the sector includes Amazon,
Microsoft and Google amongst the top recruiters, and also some exciting new disruptors including Deliveroo
(food delivery, UK), Finleap (Fintech, Germany), Happn (online dating, France) and Zoobashop (e-commerce,
Africa).

Life Sciences has also seen excellent growth, having increased by six percentage points to eight percent. Key
recruiters in the sector include Eli Lilly, Henkel, GlaxoSmithKline and Sanofi.

Consumer Goods remains stable at four percent, as has the Luxury sector. The Energy sector has started to
rise again, up two percentage points to four percent, with Schneider Electric being one of the top recruiters
for our students.

FINANCE
The Financial Services sector has shown a good increase this year up three percentage points to 21 percent.
Credit Suisse and Citi are amongst the top recruiters for the HEC Paris MBA, in addition to a range of top
companies in the sector including American Express, Amadeus, Barclays, BNP Paribas, International Finance
Corporation, GE Finance, Goldman Sachs, JP Morgan, Lazard, HSBC, ING and Société Générale.

CONSULTING
The Consulting sector hired 18 percent of the graduating class this year, with top recruiters including McKinsey
& Company, Bain & Company, A.T. Kearney and Strategy&.

SERVICES
The Services sector has also exhibited strong growth up four percentage points from last year to 14 percent.

14
 HEC PARIS MBA 2017

SECTOR BREAKDOWN

14% 18% 21% 47% 14%

Services 2017

21% 18% 45% 16%

2016

21% 47%
Finance Industry 18% 14% 58% 10%
2017 2015

Consulting Industry
Finance Services
18%
Consulting

JOB FUNCTION BREAKDOWN

FUNCTION 7%
ANALYSIS 12% 21%

15%
20%
Financial Services

14%
Operations - Production - Logistics

15
HEC PARIS MBA
 REGION ANALYSIS

REGION
ANALYSIS
MOBILITY 51% OF GRADUATES
SECURED
EMPLOYMENT
OUTSIDE OF THEIR
HOME COUNTRIES

REGIONS
The percentages of non-French finding jobs in France, and non-Europeans finding jobs in Europe were
64 percent and 46 percent of the placement rates in these regions.

JOB LOCATION *

26%
EUROPE 4%
CENTRAL 19%
NORTH
21% ASIA ASIA
FRANCE
AMERICA
6%

4%
8% AFRICA
LATIN
AMERICA

* Other: 1%

16
HEC PARIS MBA 2017

“In the HEC Paris MBA,

I was exposed to a wide
range of industries and
functions during classes
and networking events,
which greatly changed my
post-MBA plans. After an
internship in consulting, I
took a full-time job in the
technology sector. Having
come from a career in the
steel and oil industries, both
were new to me. I switched
industry, function and
geography, which would
have been very difficult
without the doors opened by
the MBA.”

Luiz Paulo Vervloet Sollero MBA ’17

Senior Product Manager,
Customer Experience
Amazon

17
HEC PARIS MBA
 COMPANIES WHO RECRUITED FROM
THE CLASS OF 2017

The following list includes companies that offered at least one full-time position, as well as those that had
internship positions accepted.

A F L Singapore Economic Development

A.T. Kearney Facebook Lassen Ricard Board
Abbott Fashion Agent Lazard Sociabble
ACC Lmited FinLeap GmbH Li & Fung Société Générale
Addict Mobile Futury Liberty Mutual Sopra Steria
Aditya Birla Lidya SoyLites Candle Company
Admiral G L’Oreal Sport Negoce International
Africa Internet Services Galaxy Aviation Loyens & Loeff Strategy Partners
Air Liquide GE Finance LPL Financial Strategy&
Alix Partners Genpact LVMH Studio 189
Amadeus Genstar Sura Peru
Amazon GIE AXA M Swiss Re
American Express Givaudan Macquarie Sygns
Amos European Service GlaxoSmithKline Maersk Group
Anjuere & Associes Globalpraxis Magdalena T
Armor Globeleq McKpital Team Built
Arthur D Little Goldman Sachs McKinsey and Company Tecan
Asia Pacific Investment Partners Goodyear Dunlop Metlife The Boston Consulting Group
Astrocast Google MHI Vestas Offshore Wind The Hut Group
Gortinore Distillery Microsoft The Norinchukin Bank
B Green Channel Ministry of Defence The Washington State Investment
Bain & Company Groupe Betom Minsur Board
Barclays GS Energy Moleac Pte. Ltd. Trackman
BASF Inhouse Consulting Guardian Chemicals Inc. Monitor Deloitte TSH Europe
Basilea Guerlain Turkish Economy Ministry
BAT N
BDL Capital Management H Neotion U
Bech-Bruun Haluhodo DY Holdings Nissan Uber
Berendo Solution Happn Nomura ULMER Aeronautics
BIMA HCL Technologies NTT Communications Union Mezcal
BioTherm Energy Hengxiang Sports Consulting NTT Docomo Universal Consulting
Bird & Bird Aarpi Henkel UTC
BNP Paribas Hermes International O
Borrowell HSBC OECD V, W
Brainsonic Hubspot Olmos VAT IT
Oman Oil Company Veolia
C I Ongeza Vinci
Cartier i4i Engineering Orange Wavestone
CHAI IADB Overline Systems Wombats Holding
Chanel Impact Partenaires Wood Mackenzie
Chavimochic Infosys P, Q Worldsports (SBC)
China Daisy Group ING Panel on the Web
Citi Inovexus PepsiCo X, Y, Z
CMA CGM Inpex Corporation Perform Group Yealink
Coty Institute of Strategy and Compe- Petrovax Yerra Solutions
Credit Suisse titiveness Philip Morris International Yswara
CSC Interbrand PipelineAI Zhuomo
International Finance Corporation Puma Energy Zoobashop
D International Red Cross Quipup
Dahlberg Intertrust
Dasra Intesa Bank R
DBS Radixcap
Deliveroo J Renault
Deloitte Digital J League Rocket Internet
DHL Consulting Japan Bank for International Roland Berger
DigitasLBi Cooperation Royal Bank of Canada
Dina Faber Cancer Institute Japan Post Holdings
Divido Pink Mobility Jefferies LLC S
Dolma Advisors Johnson & Johnson Sabpaisa
JP Morgan Saint-Gobain
E JR East Management Service Salog
Ecopetrol SA Sanofi
Eli Lilly K SAP
Engie Korea Credit Guarantee Fund Schibsted Media Group
Euro Latina Finance KPMG Schneider Electric
Eurogroup Consulting Siemens Management Consulting
EY Simon-Kucher and Partners

18
 HEC PARIS MBA 2017

RECRUITING EVENTS
HEC Paris MBA Career Week: A week-long, on-campus event for companies recruiting specifically for
MBA full-time positions (September).
HEC International Finance and Consulting Forums: On-campus networking and job-placement events
for companies recruiting for the Financial Services and Consulting sectors (October and November).
HEC Carrefours Career Fair: Started in 1985, the Carrefours Career Fair is the flagship career fair for
students from all programs across HEC (January).
HEC MBA Internship Day: MBA-specific event for companies recruiting internship positions (January/
February).
Sector-focused Career Fairs: Events for companies recruiting or interested in networking with students
specifically for their sectors. In 2018-2019 the sectors will include Energy (February), Healthcare
(November), Digital/Fintech (November) and “Smart Cities” (March).
Stand-alone individual presentations: Company presentations can occur anytime from September to
November, and from January to April.
Career treks: Regional, national and international treks organized throughout the program to give
students an insider’s view of companies within a specific sector.
Club activities: HEC Paris MBA professional clubs aim to strengthen the relationship between the
HEC Paris MBA community and specific sectors. They organize roundtable discussions, evening guest
speakers, networking dinners with HEC Paris alumni, and so on.
Job/internship postings: Job opportunities can be posted on our careers portal, free of charge. For more
information, email mbacareers@hec.fr.

TIMING AND AVAILABILITY

The HEC Paris MBA lasts 16 months. There are two intakes, in September and January.

Availability of September intake:

• Internships:
- Summer internships from May to September
- Winter internships from January to April (of the following year)
• Full-time Positions:
- Available from January (of the following year)
- Graduation in June

Availability of January intake:

• Internships:
- Summer internships from July to September
- Winter internships from January to April (of the following year)
• Full-time Positions:
- Available from April (of the following year)
- Graduation in June

19
HEC PARIS MBA
 www.mba.hec.edu 1 rue de la Libération
admissionmba@hec.fr 78351 Jouy-en-Josas
mbacareers@hec.fr France
Tel: +33 (0)1 39 67 73 83