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St. Gallen’s One Year MBA Program

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Prabhat
 
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St. Gallen’s One Year MBA Program

Postby Prabhat » Fri Nov 18, 2016 12:33 pm

This is a discussion on the news article "Why Go In for St. Gallen’s MBA Program?"


Switzerland’s University of St. Gallen has been figuring in MBA rankings, under various parameters including placements, return of investment and high quality of studies.

Let us take a look at why an MBA aspirant should consider joining the full time One-Year MBA program that starts in September every year.

The Rankings

Meanwhile, St Gallen retained, for the sixth consecutive year, the number one slot in the Financial Times’ ranking of 90 best masters programmes worldwide 2016. France’s HEC Paris and Essec Business School remained second and third, respectively, for the third year running.

The ranking is based on data collected from two surveys: one of the participating business schools and the other of alumni who graduated three years ago - the class of 2013. The ranking is in part based on how successful alumni have been in their careers, as reflected in the salary data.

The average salary of St Gallen's alumni jumped to $102,000 (CHF99,518) three years after graduation compared with $90,000 last year.

It is the third-highest overall behind the two Indian management academies at Ahmedabad and Bangalore, with respective salaries of $109,000 and $106,000.

The school ranks first for alumni satisfaction. Overall, St Gallen's alumni report a 95% satisfaction level, 2 percentage points more than the alumni from London Business School and WHU Beisheim.

Other high points for the school include being first for alumni international mobility, second for international experience and third for job placement.

Financial Times (FT) Global MBA Rankings 2016 has given it the 60th spot (world) and 20th in Europe. The Economist has ranked it 88 (world) and 28 in Europe. The QS Global 200 rankings 2015/16 placed it 15 in the list.

The full-time 1-Year MBA Class of 2017 at the school comprises 28 nationalities, the largest being Germans followed by Indians and Italians.

The 49-member class has a gender ratio of 67.3% male and 32.7% female representation.

In work experience, the students have, on an average, five years. Age-wise, the average is 29 years with 26 year olds in a majority.

Gallen says its MBA is “a carefully designed experience that encompasses academic curriculum, career services and personal growth experiences.”

The program starts in September with participants being given enough time to settle down and you get to know your classmates. At this point, it is important to formulate personal goals to ensure that you make the most of your experience in the program.

As a class, it is left to the students to decide on extracurricular activities to be organised with a given budget provided by the University. It is mandatory to include a charity initiative.

Gallen says students should expect to undertake a lot of reading and assignments in the Core Courses, which often needs to be completed over weekends. Companies will begin visiting campus regularly to present to the class in the evenings, followed by networking sessions.

Employment Report

According to the Employment Report for the Class of 2015, 62% of the students had received the first offer before graduation, 24.3% within three months and 13.5% after three months.

While 55.2% found employment in Switzerland, Germany took 24.1% followed by Rest of Europe 13.8% and Rest of the World 6.9%.
Sector-wise, Industry took 55.2% followed by Consulting 27.6% and Financial Services 17.2%.
Consulting with 31% topped Function, followed by Finance/Accounting 27.6% and Marketing/Sales 20.7%.

The school had facilitated 72.4% of employment offers while the graduates facilitated 27.6%. German and English formed 50% of language at the employer followed by English 46.7% and German 3.3%.

The average base salary was CHF 105,329, average signing bonus 14,903 and average bonus 28,188.

The Class of 2017

The Class of 2017 at the school comprises 28 nationalities, the largest being Germans followed by Indians and Italians.

The 49-member class has a gender ratio of 67.3% male and 32.7% female representation.

In work experience, the students have, on an average, five years. Age-wise, the average is 29 years with 26 year olds in a majority.

Gallen says its MBA is “a carefully designed experience that encompasses academic curriculum, career services and personal growth experiences.”

The program starts in September with participants being given enough time to settle down and you get to know your classmates. At this point, it is important to formulate personal goals to ensure that you make the most of your experience in the program.

As a class, it is left to the students to decide on extracurricular activities to be organised with a given budget provided by the University. It is mandatory to include a charity initiative.

Gallen says students should expect to undertake a lot of reading and assignments in the Core Courses, which often needs to be completed over weekends. Companies will begin visiting campus regularly to present to the class in the evenings, followed by networking sessions.

How Much Does It Cost?

The fees for the full-time MBA costs CHF 56,500 excluding the CHF 180.00 application fee payable during the online application process.

An early enrolment discount of CHF 5,000 is available to students who enrolled and paid the enrolment fee before January 31, 2017. The early enrolment discount of CHF 3,000 is available to students who enrolled and paid the enrolment fee after January 31, 2017 and before May 2017.

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