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Career Mobility of Bulgarians

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Study of Career and education Mobility . Description how to keep talanted managers in Bulgaria.

Text of Career Mobility of Bulgarians

  • 1.Career Mobility of BulgariansStudy on Career and Education MobilityDiscussion on How to Keep Talented Managers in Bulgaria1

2. Who we are? Advent Group - offices in Paris andSofia Established in 2004 Organizer of over 300 events in 60countries International team of 45 specialists 2 3. What we do? Access MBA and Access Masters Tour One-to-One meetings One-to-One Advent Group is the creatorof this format of events and leader in theorganization of such events Orientation and finding the right programfor each candidate Consultancy services for candidates MBAAccess MBA Reach Media for business education 3 4. Study on Education and Career Mobility Data on Bulgarians interested in going for education abroad Access MBA & Access Masters events Data on Bulgarians willing to work abroad, Intelligence Group and The Network Discuss on the Brain Drain tendency and how to keep talented professionals in Bulgaria4 5. Percentage of students going to study abroad (2011)*Education mobility where does Bulgaria stand? Second in the Balkan region and 5th in Europe in exporting students About 10 % of Bulgarias students go abroad for their university education Source:5 *Data from UNESCOs Global Education Digest 2011 6. MastersMBAWhere do Bulgarians go for MBA & Masters education? Difference between MBA and Masters destinations ranked business schools Top education destinations use English as a main communication language Many Bulgarians prefer distance learning, part-time programmes and local branches Source: 6 7. Motivation for MBA education Difference between motivation for Masters and MBA students Difference in candidates motivation with developed economies Living abroad and starting an international career among the strongest reasonsSource: 7 8. Number of GMATManagement Education Demand in Bulgaria GMAT is the main globally recognized admissions test for management education Increase in test takers as a part of a global trend Source: 8 * Data from GMACs Profile of GMAT Candidates Testing Year 2006 to 2011, published 10/21/2011 9. ProfessionalexperienceManagerial experienceProfile of candidates who go for business education? Over 50% of young managers want to go for international education Motivation for experienced managers to do an MBA is increasing relation todevelopment opportunities Source: 9 10. Salary increase after MBA graduation?Return on investment Salary increase after an MBA 10-20% 20-50% 50-80% 8% 31% 46%15% Over 50% notice some change in payment Top ranked business schools report average salary increase in salary of over 100% The added value of an MBA network, knowledge, way of thinking Source: 10 11. Global Talent Mobility Study, 2011 Global study - 66 countries Scope - 29 358 people living in Bulgaria and 7 831 Bulgarian expatriates Created by Intelligence Group, The Network JOBS.BG inquiring people who use career websites Data used is to show: What motivates Bulgarians to work abroad? Which are the most preferred employment destinations? What is the difference between their desired and current employment?11 12. Bulgarians willing to work abroadI would like to work abroad Absolutely Bulgarians Bulgarian expats agree AgreeNeither agree nor disagree Absolutely Disagree disagree Difference between people living in Bulgaria and Bulgarian expats Only 11% of the respondents are not willing to relocate for careerSource: 12 13. In which country would you work?Where would Bulgarians like to work? In which country would you work? 51% 47%47% 41% 33% 33% 30% 26% 25% 23% 23% 21% 20% 17% 16% 15% 14% 14% 12% 12% 11% 10% 8% 8% 7%6% 6% 6% 5% 5% 5% Language and economic development are major factors The main working destinations coincide with the main education destinations Countries with a good social security system are more preferred Source:13 14. Motivation to work abroad Bulgarian expats Bulgarians People lining inOtherBulgaria look forBetter living standard better living conditions whileStart international career expats look forStart a new life career Spouse already working abroad opportunities Option to gain experienceMeet new people/networking Experience, chalChange the world lenge and Learn a new languagedevelopment areGet to know new cultures major factors for expats ChallengeClimate Over 50% wantCareer development options to escape theBad economic situation in the countryeconomic reality Family abroad in Bulgaria Acquire professional experienceSource:14 15. What do Bulgarians abroad work?Bulgarian expats Bulgarians Bulgaria exports Transport/ Logisticsmanagers, banker, TelecommunicationsSocial services engineers, IT SalesSciencespecialists andSupply chainsales people Public servicesSecurity/Police Media Many people inBulgaria work in Marketing/AdvertisingManufacturing, Manual labor, Construction LawAgronomy and nature sciencessales, administratioIT and Automation n and officeHRHealthcareadministration, man Management ufacturing andengineering Accounting, AuditEngineering, Technology EducationDesign, Architecture Art, Culture Banking, Finance, Insurance Administrative, Office Hotel, Restaurants, TourismSource:15 16. What can universities do?In which sector do Bulgarians want to work? In which sector would you prefer to work? In which sector do you currently work?Other Transport/ LogisticsTelecommunicationsSocial services Trade Public services, Security/PoliceManufacturing, Maintenance, Service Pharmacy Law, Legislative ServicesIT, Internet IndustryHotel, Restaurants, TourismHealthcareBanking, Finance, InsuranceEnergyEducation Management/ ConsultingMedia/ Communications Big difference between desired and current occupation Most Bulgarians want to be in management, tourism, banking and retail Increased demand for employees in retail, maintenance, manufacturing, education and financeSource: 16 17. The role of companies in keeping talent? Which factors are important when choosing a job?Bulgarian expats Bulgarians Employees inBulgaria are veryOther Skillful Managementsensitive to International companypayment, workingPaid vacation atmosphere and Good image of the employer securityGood social benefitsTrainingsIn harmony with my personal beliefs To attract people Good career opportunitieswith experienceChallenging Job abroad Good working conditionscompanies needGood remunerationto provide notFlexible working timeonly good ResponsibilityPermanent contractpayment, but also Option for working half-daygood Acceptable commuting timedevelopmentDiverse tasks opportunities andAcceptable workloadchallenging tasksAttractive products and servicesSource:17 18. Top 10 desired working spheres at the eventWho wants to come back to Bulgaria after studying abroad? ManagementTop 10 desired working spheres at the eventCareer in Bulgaria: Why not? Consultancy( Marketing Banking/ Finance13%Public sector 8% PR / Advertising37% NGO8% Sales / Business development 7% Media6% 5% 5% 5% IT3%3% Others (33 sectors) Career in Bulgaria. Why not? conference for Bulgarians willing to work back home Over 40% of our expats are interested in management, finance, consultancy and other specialized fields Source:18 19. Brain Gain the Irish case Brain Gain : Attracting and employing highly qualified professionals The Irish case : Measures taken by the IrishIreland during the 1950s Industrial Development Agency Results 1/7 of the countrys population Electronics and Pharmaceutics as Agency manages to coordinate emigrates between 1950 1958 strategic priorities, promoting the efforts of government, business andstate to investors education institutions Connecting with Irish managers of57% of boys and 49% of girls dont multinational companies working have secondary education abroad Irelands population increases by 1997 nearly 60% of the agencys25% between 1961 and 1991. Parents advise their children to expenses consist of new skills andleave Ireland technology development 8th position in income per capita in Developing industrial and Low standard of living.2010technologic parksSource: 19 20. Brain Gain in Bulgaria Brain Drain from Bulgaria: 1990 - 2000: nearly 16% of Bulgarian emigrants are highly qualified Brain Gain : Coordination between business, education and governmentBusinessEducation GovernmentDeveloping creative thinking in Strategic positions in companiesSustainable, long-term policyschools, practical training International education and Improvement of the business Cooperation with a network of research exchanges environment professionals abroadSupporting scientificTransnational research projectsdevelopment on a national level Cooperation with the educationBrain Gain from other sector Bulgaria and abroad Information policycountriesSource: 20 21. Thank you! for your timeThank youPicture Your ContactKalina KrastevaAccess MBA Event Sofia International Account Manager Business Development - EuropeTel:. + 359 2 984 10 74 Sheraton, 8 November 2012Fax. + 359 2 986 09 [email protected] [email protected] 21 21

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