2016

MBA EMPLOYMENT REPORT

2016 TRENDS & STATISTICS

The HEC Paris MBA Class of 2016 had a very successful recruitment year, with 92 percent of the class having accepted job offers within three months of graduation. Our high-achieving graduates, from 51 countries around the world, are fully prepared to become the global business leaders of the 21st century. Armed with a global mindset, the latest knowledge of today and access to a network of over 56,000 alumni in 132 countries, almost 50 percent of graduates secured employment outside of their home countries.

While nearly half of the graduates will work in Europe, we saw an increase in the number of students who accepted employment in North America and Southeast Asia. The majority of our students made a career transformation, with 65 percent changing sector, 67 percent changing function and 63 percent changing their location. Almost 70 percent of the class changed two of the three elements and an impressive 37 percent changed all three.

The Economist ranked the HEC Paris MBA as one of the top MBA programs in Europe for the third consecutive year and the number one program for diversity in recruitment. In addition, we are proud to remain one of the top European MBAs as ranked by Forbes, Bloomberg BusinessWeek, Financial Times and Poets & Quants.

Our Career Center ensures that our 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. The Career Center’s recruitment board posted a wide range of more than 4,000 job offers this year, including internships, fieldwork projects and full-time positions.

We continue to see an increase in “block” hiring – companies that recruit two or more students from the program. Nearly 40 percent of MBA students received and accepted offers with multinational companies – such as Amazon, A.T. Kearney, GE, Google, HSBC, McKinsey & Company, and PwC – that hired two or more of our graduates. And, on average, our 2016 alumni doubled their pre-MBA salaries.

Our location in one of Europe’s strongest economies, and our powerful network of recruiting companies and alumni allowed our students to continue to find senior-level positions in the world’s most sought-after companies. Nearly 4,000 HEC Paris alumni have gone on to become CEOs, CFOs or have founded their own companies.

We 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.

Tony SomersDirector - Career Management

Corporate Partnerships & Careers

4

CLASS PROFILE

CLASS PROFILE HEC PARIS MBA 2016

92%

33% WOMEN

51

30

6 YEARS690

INTERNATIONAL PARTICIPANTS

GENDER

NATIONALITIES

AVERAGE AGE

AVERAGE WORK EXPERIENCE

GMAT AVG

GEOGRAPHIC ORIGINS (NATIONALITIES)

42%

26%

9%23%ASIA &

OCEANIA

EUROPE

AFRICA &MIDDLE

EAST

AMERICAS

5

HEC PARIS MBA 2016

HEC PARIS MBA

“Before the HEC Paris MBA, I was a university associate professor teaching history and English. The MBA allowed me to gain the three main pillars that were necessary for completely changing my career: self-confidence, business fundamentals and an amazing, international, open-minded network.”

Pauline Beaugé de La Roque - PhD, MBA 16Account Manager, Business ConsultantMichelin

SALARIES

SALARIES

On average, MBA graduates from HEC Paris doubled their pre-MBA salaries.

OVERALL SALARY

92%OF THE CLASSACCEPTED JOBOFFERS WITHIN THREE MONTHS OF GRADUATION

€86,300ANNUAL BASE

SALARYANNUAL BENEFITS

ON SALARY (not including bonus)

ANNUAL SALARY PACKAGE

SIGN-ON BONUS

€17,500 €100,500 €14,200

TOTAL

Base Salary

Package

Sign-on Bonus

2014 2015 2016

82,100€

95,700€ 96,700€

13,000€ 14,200€10,500€

100,500€

82,500€ 86,300€

6

HEC PARIS MBA 2016

CONSULTINGAnnual Base €93,400 Annual Salary Package €110,500 Sign-on Bonus €23,100

FINANCEAnnual Base €95,550 Annual Salary Package €116,800 Sign-on Bonus €19,000

INDUSTRY Annual Base €82,300 Annual Salary Package €94,500 Sign-on Bonus €10,500

SERVICESAnnual Base €70,770Annual Salary Package €74,700Sign-on Bonus n/a

France Annual Base €75,600 Annual Salary Package €86,200Sign-on Bonus €10,500

Western Europe (including France) Annual Base €81,400Annual Salary Package €94,900Sign-on Bonus €15,000

North America Annual Base €99,900 Annual Salary Package €120,750Sign-on Bonus €18,060 Southeast AsiaAnnual Base €91,770Annual Salary Package €107,100 Sign-on Bonus €12,200

Middle East/Gulf RegionAnnual Base €110,250Annual Salary Package €127,050 Sign-on Bonus €19,820

SECTOR LOCATION

7HEC PARIS MBA

CAREER TRANSFORMATION

CAREERTRANSFORMATION

At HEC Paris MBA, we pave the way for students to transform their careers. Our students succeed in changing their career paths, whether it is a sector, function or geography change. Almost 70 percent of our 2016 graduates changed at least two of these three elements, while 37 percent changed all three aspects of their career.

70% 37%CHANGED AT

LEAST TWO OF THESE THREE

ELEMENTS

CHANGED ALL THREE

8

FOR THE CLASS OF 2016

67%CHANGED FUNCTION

65%CHANGED SECTOR

63%CHANGED LOCATION

HEC PARIS MBA 2016

Overall, our students moved into the Consulting, Technology and Consumer Goods sectors, and away from Government/Not-for-profit, Construction, and Energy.

Our students graduate ready to take on leadership positions and we can see this in our results, with many moving into managerial roles and “fast-tracks” to C-level positions.

9HEC PARIS MBA

SECTOR CHANGE

FUNCTION CHANGE

Technology15%

8%

15%

17%

21%

18%

Consulting

Financial Services

9%

7%

6%

2%

5%

1%

Energy/Utilities

Govt./Not-for-profit

Manufacturing

4%4%

Consumer Goods

3%5%

Luxury/Retail

3%2%

Comms/PR

Aeronautics5%

2%

1%

2%

1%

2%

Construction

Electric

3%

5%

2%

5%

2%

1%

Food/Beverages

Life Sciences

Media/Entertainment

Consulting18%

17%

6%

26%

17%

11%

Finance

Business Development

10%

14%

16%

14%

11%

17%

General Management

Marketing & Sales

Ops, Production, Logistics

10%

9%

0%

4%

Engineering

Other

PRE-MBA

PRE-MBA

POST-MBA

POST-MBA

1%1%

Real Estate

4%2%

Telecom

7%4%

Other

2%Travel/Transportation

3%Automotive

RECRUITER ACTIVITY

RECRUITERACTIVITYAs was the case in 2015, the “at graduation” placement rate is directly connected to the increase in what is known as “block” hiring – recruiters who hire two or more students from the year’s graduating class. Block hiring increased for the third consecutive year. In 2016, this amounted to almost 40 percent of the total placement, an increase of 5 percent over the statistics for 2015, and more than 20 percent over the 2014 equivalent.

More than 200 companies worldwide recruited from the class for either full-time or internship positions and 66 percent of students found positions through HEC Paris connections. A full list of recruiting companies can be found on page 18.

The connection between internships and full-time positions continues to be a powerful one, with all but one of the top 15 recruiters hiring at least one intern. Almost half of the total number of companies who hired one or more participants also hired an intern. Finally, almost 30 percent of the 2016 graduating class received offers from their internships, with over 20 percent accepting these offers.

10

TOP BLOCK-HIRING RECRUITERS

SOURCE OF JOB22%

6%

Alumni Network

25%On-CampusRecruitment Event

21%Job/Internship Postings

26%Own Network

Other

HEC PARIS MBA 2016

11HEC PARIS MBA

“The HEC Paris MBA gave me the confidence to go outside of my comfort zone and work in a new industry, function and language—simultaneously. And the drive to do it all again in the future.”

Alexander Eldred - MBA 16Head of After-Market ServicesAmazon.fr

CAREER CHOICES

12

CAREER CHOICES FOR THE CLASS OF 2016

RateEmployed at three months 92%

Sector

Industry 45%Information/Computer Technology 17%Energy/Utilities 2%Electric/Electronics 2%Luxury/Retail 5%Life Sciences 2% Consumer Goods 4%Food/Beverages 5%Real Estate 1%Automotive 3%Construction 1%Manufacturing 1%Aeronautics 2%

Finance 18%Financial Services 18% Consulting 21%Consulting 21%

Services 16% Media/Entertainment 1% Travel/Transportation 2%Government/Not-for-profit 5% Communications/PR 2% Telecoms 2% Other 4%

Function

Financial Services 17%Business Development 11%Consulting 26%

Marketing and Sales 11%General Management incl. MDPs 14%Operations/Production/Logistics 17%Legal 2%Human Resources 1%Other 2%

Location

RegionFrance 23%Western Europe (excluding France) 26%Eastern Europe 1% North America 10%Latin America and Caribbean 6%Middle East 7%Central Asia 7%Asia (including Australia) 19%Africa 1%

International Mobility

Working outside their home country 49% as percentage of total Class

Working outside France 67% as percentage of total Class

Non-Europeans working in W. Europe 71%as percentage of European placement only (61%)

Non-French working in France 70% as percentage of Frenchplacement only (71%)

Non-Europeans working in France 62% as percentage of French placement only (59%)

HEC PARIS MBA 2016

13HEC PARIS MBA

“The HEC Paris MBA allowed me to propel my career to the next level. Through the classes, clubs and networking events I met fascinating professionals, learned about the luxury industry and gained a strategic approach to business-problem solving.”

Marika Iourachkou - MBA 16Business Project Manager, Global SalesChloé

SECTOR AND FUNCTION ANALYSIS

14

SECTOR ANALYSIS

INDUSTRY

CONSULTING

FINANCE

SERVICES

Placement in the Industry sector was at 45 percent. As was the case in 2015, this is again being driven by the Tech sector, accounting for almost 17 percent of the total class. Amazon continues to be our top recruiter, with other significant recruiters in the sector being Google, Apple, Wipro, Microsoft and BlaBlaCar.

The combined sectors of Consumer Goods and Food/Beverages account for almost 10 percent of the class, while Energy declined from 8 percent to 2 percent in the past two years, which reflects the current challenges in the sector as a whole. Our students were recruited by a wide range of top Industry companies including Cargill, Chloé, Colgate, Coca-Cola, Kellogg, Henkel, Kimberly Clark, Kraft Heinz, L’Oréal, Michelin, Nike, Nissan, Procter & Gamble, Schneider Electric and Unilever.

Consulting has again increased in popularity as a profession with 21 percent of students choosing it in terms of sector, and 26 percent in terms of function. Base and salary packages in Consulting increased by almost 5 percent this year. Companies that recruited our talent in this sector include A.T. Kearney, Accenture, AlixPartners, Booz Allen & Hamilton, Boston Analytics, CapGemini Consulting, EY, Infosys, KPMG, McKinsey & Company, Oliver Wyman and PwC.

Placement in Finance this year is almost 18 percent, up 4 percent from 2015. The Finance sector saw an increase in base salaries by more than 15 percent since last year. Our students were recruited all over the world, at Financial companies including BNP Paribas, Citi, Credit Suisse, Deutsche Bank, HSBC, International Finance Corporation (IFC), ING, Macquarie, Santander and Zurich.

The Services sector accounted for 16 percent of the total recruitment, driven mainly by the NGO and not-for-profit sectors.

HEC PARIS MBA 2016

15HEC PARIS MBA

FUNCTION ANALYSIS

SECTOR BREAKDOWN

JOB FUNCTION BREAKDOWN

2014

Consulting Industry

Finance Services

2015

2016

45%Industry

21%Consulting

18%Finance

16%Services

2016

15%

18%

21%

16%

14%

18%

54%

58%

45%

15%

10%

16%

16

REGION ANALYSIS

REGION ANALYSIS

JOB LOCATION

The percentages of non-French finding jobs in France, and non-Europeans finding jobs in Europe were 70 percent and 61 percent of the placement rates in these regions.

MOBILITY

REGIONS

OF GRADUATESSECURED

EMPLOYMENT OUTSIDE OF THEIR HOME COUNTRIES

49%

27%19%

1%

17

HEC PARIS MBA 2016

HEC PARIS MBA

“The HEC Paris MBA was one of key factors that enabled me to change the big three: industry, geography and company. The international student community at the HEC Paris MBA allowed me to strengthen my skills in managing global projects and leading international teams. ”

Špela Kozamernik - MBA 16Global Group Account Director - Global Programme LeadProximity BBDO

18

COMPANIES WHO RECRUITED FROM THE CLASS OF 2016

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

AA.T. Kearney*AbbottAccenture*Access Co.ACI OutremerAditya Birla GroupADPAEC PartnersAfrica Internet Services SASAirbusAkzo NobelAlixPartners*AllianzAltea ResourcesAmadeusAmazon*AppleArmani RetailArthur D. LittleAsian Development BankAXA

BB2W retailBBDO ProximityBertelsmannBeya CapitalBlaBlaCarBlommer ChocolateBNP Paribas*Bolsa de Comercio de SantiagoBooz Allen HamiltonBoston AnalyticsBrain and Capital InvestmentBrainsonic

CCaixa CamperCapgemini ConsultingCargillCarrefourChanelChina-Africa Investment FundChloéCiscoCitiClarinsClinton Global Health Initiative (CHAI)CMA CGMColgate PalmoliveCompoSIDECrasner CapitalCredit SuisseCSC

DDaiwa CapitalDassault AviationDelivery Hero GmbHDeloitte Consulting*Delta PartnersDespegar

Deutsche BankDFSDialog CaféDJIDomozoom

EEdgar & LouisEibEli LillyEmersonENEA ConsultingEnevo Inc Etam*EuropraxisExpediaEY*

FFacebookFairtrasaFCB GlobalForgeRockFrench Ministry of Defense

GGaleMedGE*Genpact Google*Grohe AGGroupon Grupo ArgosGSK

HHCLHenkelHiltiHolidogHomeAwayHSBC*Hubspot

II3C Consulting LimitedIBMIEG Investment BankingIFCImerysIndra Business ConsultingIndsight Growth PartnersInfiniti InfosysING IngredionInitio ConsultingInline Telecom SolutionsIntegration ConsultingInternational Committee of the Red CrossInternational Finance CorporationIxia

KKaiwu CapitalKantar VermeerKimberly ClarkKing Content SingaporeKPMGKraft Heinz*Kurt Salmon

LL.E.K. ConsultingLemon Way Li and FungL’Oréal

MMacquarie GroupMake ConsultingMars & CoMcKinsey & Company*MichelinMicrosoft*MurexMusicNow SAS

NNeovianNikeNissan*

OObi EnergyOliver WymanOracleOrangeOrefol

P, QPA ConsultingParrot DronesPernod RicardPingan GroupPiPPole Finance InnovationProcter & GamblePropellandPublicisPwC*Qatar PetroleumQucit

RRCI MobilityReebok Cross-Fit LouvreRichemontRincon de AguilillaRocheRocket InternetRoland BergerRolls RoyceRothschild

SSafranSanofi

SantanderSchlumberger Business ConsultingSchneider Electric*ShellSiemensSiMachinesSingapore PolytechnicSMBC Nikko Securities, Inc.SNCF ConsultingSodexoSoftbankStandard CharteredStorebrand InsuranceStyleBankSumitomoSwitchflySynechron TechnologiesSyngenta Synoulse

TTalkableTATA Consulting ServicesTelekomunikasi SelularTelkomsel IndonesiaThe Boston Consulting GroupThe Coca-Cola CompanyThe Kellogg CompanyTheano ConsultingThought for FoodTMC International Ltd.Tokyo Medical UniversityTotal Soft BankTruffle Capital SAS

UUberUBSUnilever*UnionPay InternationalUSAIDUS-China Building Efficiency and Green Development FundUTC

VVendome Global PartnersVentana Medical SystemsVeoliaVerisureVerizon ServicesVestasVoxta

WWind World IndiaWiproWooqer

X, Y, ZYancoal Yes BankZalandoZee Media Corporation LtdZurich Insurance

*Top recruiters in 2016

19

HEC PARIS MBA 2016

HEC PARIS MBA

Recruitment is open year-round, with emphasis on the MBA recruiting cycles (September to December for full-time placement, and January to April for internships). These are the optimal periods, as all our students are on campus. For more information, please email mbacareers@hec.fr.

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

Availability of September intake:

• Internships from mid-April to the end of August of the following year

• Available for employment in January (16 months after the start of the program)

• Graduation in May

January intake:

• Internships from January to April of the following year

• Available for employment in May (16 months after the start of the program)

• Graduation in May

HEC Paris MBA Career Week: A week-long, on-campus event for companies recruiting specifically for management positions (September).

International Finance and Consulting Forums: On-campus networking and job-placement events with a specific focus on the Financial and Consulting industries (October and November).

HEC Carrefours Career Fair: Started in 1985, the Carrefours Career Fair is the flagship recruiting event for HEC Paris students, attracting nearly 120 multinational companies and 60 startups every year (January).

MBA Internship Day: MBA-specific event with an emphasis on internship recruiting (January/February).

Individual company presentations: Company Presentations can occur through the year. In 2016, participating companies ranged from L’Oréal to Uber.

Career treks: Regional, national and international treks organized throughout the program to give students an insider’s view of companies within a specific sector.

Theme days: Organized by the MBA clubs, companies are invited to campus to discuss topics related to their specific industries. In 2016, events focused on Energy, Entrepreneurship, Fintech and Sustainable Business.

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, and networking dinners with HEC Paris alumni, and so on.

WHEN CAN YOU RECRUIT?

RECRUITING EVENTS

Job/internship postings and CV searches: Job opportunities can be posted on MBA Focus, our careers portal. For more information, please email mbacareers@hec.fr.

www.mba.hec.eduadmissionmba@hec.fr

mbacareers@hec.frTel: +33 (0)1 39 67 73 83

1 rue de la Libération78351 Jouy-en-Josas France