A total of 1029 students in two classes completed the INSEAD MBA program in December 2018 and July 2019. Of these, 98% responded to the Employment Statistics survey.

While 997 participated in formal recruitment activities, 92% reported having received at least one job offer three months after their graduation date. Around 88% provided details of their career and 88% gave reported full salary information.

INSEAD Career Development Centre Global Director Agnès Cosnier-Loigerot said, “In 2019, we have again achieved a record number of 92% of students with offers within 3 months of graduation, joining a total of 322 organizations.”

Average Salary at  US$ 92,800 for INSEAD MBA Class of 2019

Northern / Western Europe Tops in Job Location

In terms of job location, 37% chose Northern/Western Europe, 27% Asia Pacific, 11% Africa/Middle East, 7% North America, 6% South America and 2% Eastern Europe.

McKinsey Recruits the Maximum 131 Graduates

Among the major recruiters, McKinsey & Company topped the table (returning employees in brackets) taking in 131 (54) followed by Boston Consulting Group 96 (30), Bain & Company 77 (28), Accenture 24 (7), Kearney (formerly A.T. Kearney) 23 (3), Amazon  22, Strategy& 14 (4), Restaurant Brands International 11, Uber 9, Microsoft 8 (1), Booz Allen Hamilton 7 (2), Deloitte 7 (4), EF Education First 7, Google 7, L.E.K. Consulting 7, Shopee 7, EY 6, Partners Group 6, Roland Berger 6 (1), Danaher Corporation   5, Alvarez & Marsal 4, Apple 4, Credit Suisse  4, Eli Lilly and Company 4, Goldman Sachs 4, Morgan Stanley 4, Oliver Wyman 4 (3), Samsung 4 (1), Siemens AG 4 (1), ZS 4 (1).

Career Education & Coaching Essential for Success in Job Market

“Such a portfolio of opportunities takes source in the career education and career coaching program that aims to equip students with the skills needed to own their career development and therefore succeed in today’s competitive job market,” Agnès said.

“The whole INSEAD experience transforms our students into lifelong learners and develops in them versatility, agility, resilience and social intelligence. These skills are necessary to tackle any changes and make any decisions in the most ethical and socially conscious way. We believe this is greatly appreciated by recruiters,” she added.

The school’s global employer engagement team that continues to develop relationships with organizations and alumni worldwide. Keeping in with the increasing student interest in technology-related businesses and the ever-changing job market, INSEAD provided immersive experiences and connections with alumni and recruiting partners on and off-campus throughout the program, she said.

“Most of our treks and company visits (45+ a year) allowed students to experience the transformations brought by technology in many international and local markets. Strengthening our presence in multiple employment destinations over the years is successfully enhancing the potential of opportunities for our students: an example with The Netherlands which saw an increase of 69% of students accepting a job there,” she added.

Start-ups Continue to Attract Talent

“We continued our engagement on the start-up front to match the increasing appetite from students to work for fast-growing organizations and market disrupters: 31% of students joined a start-up or scale-up in the Tech sector (compared to 22% in 2018),” Agnès said.

“The same is true for the Summer Experience, with 77% of students deciding to do an internship or participate in the Summer Start-up Tours (67% in 2018), with 46% working for a start-up (41% in 2018). In 2019, the Summer Start-up Tour expanded across regions as well as business areas, involving more for-profit-with-purpose organizations, a positive response to INSEAD’s Sustainable Development Goals campaign,” she added.

Sector-wise Compensation

Management Consulting

Management Consulting netted an overall Annual Mean Salary of US$ 110,800 for the graduates. The overall Annual Median Salary was US$ 107,300, Median Sign-on Bonus US$ 25,200 and Median Performance Bonus US$ 25,000.

Financial Services

Financial Services offered an overall Annual Mean Salary of US$ 109,300, Median Salary of US$ 109,300, Median Sign-on Bonus of US$ 31,800 and Median Performance Bonus of US$ 33,700.

Corporate Sectors

Corporate Sectors offered an Overall Annual Mean Salary of US$ 101,200, Median Salary of US$ 95,400, Median Sign-on Bonus of US$ 20,000 and Median Performance Bonus of US$ 18,900.

Technology, Media & Telecommunications

Technology, Media & Telecommunications offered an Overall Annual Mean Salary of US$ 101,200, Median Salary of US$ 95,400, Median Sign-on Bonus of US$ 20,000 and  Median Performance Bonus of US$ 18,900.

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Round 3 application deadline is March 29 and Round 4 on June 14. The one-year full-time MBA program, held in Paris and Singapore, offers a choice of three majors, Strategy & Management, Luxury Brand Management and Strategy & Digital Leadership.

ESSEC One Year MBA / Global MBA | Admission Deadline | Application Process |Eligibility Criteria | Fee Structure

Global MBA Highlights

The three majors provide the participants with a macro-view of core business functions coupled with industry-specific skills and knowledge. It will help them make a successful career switch to industries such as consulting, tech, or luxury, says Aarti Ramaswami, Academic Director, ESSEC Global MBA.

The program, ranked at number 5 worldwide for International Experience in the FT Global MBA Ranking 2019, offers a holistic MBA experience. It encompasses hard and soft skills through training on in-demand industry certifications, personal branding and development workshops. The program also offers career development support, she added.

The Global MBA also lays stress on sustainability through conferences and related courses, sensitizing participants to the importance of social responsibility in the face of business.

The program aims to impart the skills and knowledge required to deal with complex situations arising from the digital revolution, networking, out-of-the-box thinking to create value, decision-making in the face of uncertainty and risk, working in multi-cultural environments in global business contexts and think independently and collaboratively in teams.

The ESSEC Global MBA Alliance of Strategic Leaders has industry experts representing all the three majors, to provide advice on the corporate needs and trends, academic content, strategic partnerships and access to corporate resources.

The Alliance leaders also serve as the program’s ambassadors to help establish strong relationships between the industry and Global MBA participants. They include Arnaud Vaissié, CEO at International SOS, Bénédicte Richard, Director Human Resources and Organizational Development Fragrance and Beauty at Chanel, Cyril Ranque, President Lodging Partner Services at Expedia Inc. and Eric Labaye, Senior Partner (Director) at McKinsey & Company.

While 52% of the recent graduates changed sector, 54% changed function and 42% changed country.

Eligibility Criteria

You should be at least 26 years old at the time of application with a minimum of three years of post-university professional experience (excluding internships). You should have at least two years of experience in a management role. Work experience abroad or in an international environment is also necessary.

You should possess a Bachelor’s Degree, a competitive GMAT or GRE score and an advanced level of English. The GMAT/GRE scores should be within the validity period of 5 years. For non-native speakers of English, the scores of an English proficiency test: TOEIC (minimum score of 800) or IELTS (minimum score of 7) or TOEFL (minimum score 100|TOEFL MyBest scores are accepted) with a validity of 2 years.

The English test is not required if you are a native English speaker, have spent the last 3 years in an English-speaking university or have lived for a minimum of 3 years in an English speaking country.

The institution codes for sending the scores are

• GMAT: X6RFV57
• GRE: 0839
• TOEFL: 0520

How to Apply for the Program

The application form is to be completed online. First, you will need to create your account, following which you will receive an email with your login ID and password (PIN). These are required each time you sign in.

You can fill in the application form at your convenience, pause and come back to it at any point.

One common essay for all 3 majors, and additional questions, corresponding to your major should be submitted. A professional résumé (1-2 pages maximum and a copy of your passport or ID card. Official transcripts of grades from all prior academic establishments (excluding high school) are also needed along with an ID photo, passport-style (medium to a high-resolution digital image).

Scholarship Essay (if applicable), Proof of Fair Registration and Attendance if you have chosen to apply for the Fast Fair Reduction Scholarship. Two professional referees, who will receive a request to complete the online reference form when you submit your online application

All documents must be provided in English or French. Official translations will also have to be provided for documents in other languages.

Once you have completed your online application and have attached all the supporting documents, the final step is to submit your online application before the admission deadline. A non-refundable application fee of 130€/180SGD is to be paid.

If the application is successful, you will be contacted by ESSEC within two weeks. Shortlisted applicants will be contacted to organize an interview which will last for about 40 minutes.

Interviews will be conducted either in person or over video conference, depending on the location of the candidate. In-person interviews will take place at ESSEC’s campuses in France and Singapore, as well as at international admissions interviews in Mumbai, New York City and Shanghai.

Fees & Other Expenses

The application fee for the Global MBA for the 2020-2021 academic year is 130€ for all majors. Tuition for the ESSEC Global MBA is dependent on your major of choice. For Strategy & Management major, it will be €50,000, Luxury Brand Management major €50,000 and Strategy & Digital Leadership major SGD 81,900 (Inclusive of GST). The tuition fee covers all academic courses, seminars, and business trips.

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Located in downtown San Francisco, the Hub will open in February 2020. At present, the school has campuses at Fontainebleau near Paris, Abu Dhabi and Singapore.

INSEAD in the US: Program Highlights

INSEAD will bring to North America its global business insights and perspectives, gained from decades of working with international executives and global organizations. In its first year, the INSEAD San Francisco Hub will offer a tailored selection of executive development programs relevant to the Americas from a portfolio of 50+ global programs, the School said in a press release.

These open enrolment programs will be Transition to General Management, International Directors Program, Integrating Performance and Progress, Blue Ocean Strategy, Leading Digital Transformation and Innovation and The Future of AI in partnership with Singularity University.

INSEAD will also utilize the new facility to host custom-designed programs for US and international companies.

Participating executives and organizations from around the world will be able to experience INSEAD’s immersive learning methodologies. They will also be able to gain access to its pathbreaking global research and professors, while simultaneously gaining exposure to the companies and distinctive business culture of Silicon Valley.

Beyond executive development, the school’s innovative hub concept is intended to be a dynamic destination for making new connections through an extensive calendar of events, organized in collaboration with corporate partners, alumni and visiting faculty.

INSEAD in the US: Dean’s Comments

INSEAD Dean Ilian Mihov said, “From our origins in post-war Europe, INSEAD has distinguished itself in bringing together diverse people and perspectives to drive learning and build bridges as we develop responsible business leaders.

“Coming to North America opens an important new chapter in this journey. We are deeply grateful to our many alumni donors who made possible the transformation of this historic building into a state-of-the-art facility for learning and exchange,” he added.

Dean of Innovation, Peter Zemsky has overseen the development of the new concept. He said, “As tech innovation goes global, business leaders everywhere need to rapidly transform their strategies and organizations.

“At the same time, tech leaders need to adapt to the dramatically shifting expectations about the impact of their products on societies worldwide. INSEAD is uniquely placed to facilitate this learning through our global faculty and network,” he pointed out.

INSEAD’s Pioneering Efforts in Management Education

INSEAD has been a consistent pioneer in management education with a track record of firsts over its 60-year history. It became the first international business school outside the US when opened in 1959.

It was the first business school to offer a one-year MBA program, company-specific executive education and the first B-school with full campuses on multiple continents. The Asia Campus opened in 2000 and the Middle East Campus in 2010

INSEAD was the first and only business school to achieve a ‘triple first’ in rankings – MBA, Executive MBA (Tsinghua-INSEAD EMBA) and Single School Executive MBA (INSEAD GEMBA) in the Financial Times 2016 rankings.

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The 10-month program had a fair share of major achievers including two professional swimmers, a violinist, high scorers in GMAT test, social entrepreneurs and students from non-traditional backgrounds.

Michele Cursio and Sarah Amrein with a professional background in the consulting sector, have considerable achievements in swimming. Michele was a professional swimmer during his teens and clinched the first runner-up position at the National Championship 2004 in his home country, Italy. He graduated with a Masters in International Business from Università Bocconi and joined the Boston Consulting Group as an Associate, the school said in a blog post.

Sarah holds a Master of Science in Medical Biology and was working at Mckinsey as an Associate before joining INSEAD. She excelled in synchronised swimming and represented Switzerland in the European and World Championships. She went on to win the US National Championship title in 2009.

Marta Munoz Souweine started playing the violin at the age of six and was enrolled at the Conservatori Superior de Música del Liceu where she studied for more than 10 years. Apart from the training at the conservatory, she had the opportunity to be a student of Ala Voronkova, a famous violinist in Barcelona. Marta also played in several orchestras such as the Conservatori del Liceu, Can Ponsic and Diaula, and has even won music awards.

Later, she enrolled at the Universitat Politècnica de Catalunya and graduated with a Masters in Mechanical Engineering. Prior to INSEAD, she was with Oliver Wyman as an Engagement Manager.

The top GMAT scorers in the class are Ekaterina Kuznetsova and Mohammad (Moh) Mashayekhi, both having notched up an impressive 770.  The Russian-origin Ekaterina carries a German passport and has spent most of the past decade in Switzerland.

While her formal training is in the sciences (Master of Science in Physics from ETH Zurich), Ekaterina’s professional interests are more firmly grounded in business. She has worked in  McKinsey & Company prior to enrolling for the MBA.

Moh came to INSEAD with work experiences in the United States, Venezuela and in his country, Iran. While working as a bond trader in New York, he took up the challenge to work for a construction company in Venezuela. He then returned to Iran to help run two family businesses.

Among the social entrepreneurs, New Zealander Rodger Douglas had charted a career path in agriculture and dairy farming, not only in his home country but also in Brazil where he gained some enriching experience setting up and running a dairy farming business in a frontier and remote region.

Born in Bosnia-Herzegovina, Angelica Mandaric left home at the age 14 to pursue her education, funding her new life by becoming a professional concert pianist. A first-generation college graduate, she is now a PhD candidate at the Centre for Performance Science (a cross-institutional partnership between the Royal College of Music and Imperial College London), a social entrepreneur, and a strategy consultant.

Before INSEAD, she co-founded an NGO whose work, supported by the European Commission, raises educational and cultural standards, reduces unemployment, and addresses post-war tensions between ethnic groups in Bosnia. Since leaving home, Angelica has lived in 11 cities across six countries.

Canadian Jean-Christophe Mortreux created wind turbines before selling off his patents and company. Jean-Christophe’s passion for renewable energy continues to burn bright and he hopes to use the new knowledge gleaned from his MBA to create more environmentally sustainable start-ups in future.

Among those from non-traditional backgrounds, Maria Nunes Pereira from Portugal, during her PhD studies, developed a life-saving technology that can be used in minimally invasive heart surgery. She is now the Chief Innovation Officer at a biomedical start-up company, created to translate her work from the bench to the bedside.  She has been recognised by Time Magazine, Forbes for her achievements and by MIT’s “Innovators Under 35”.

Victor Lim had graduated with a Bachelor of Law from the National University of Singapore. Working as an Associate in a law firm, he has also been an active volunteer with the Law Society of Singapore since 2012, rendering pro bono legal services to low-income families.

Isabelle Albertalli, a recipient of the French Medal of National Defense, received several awards while studying at École Polytechnique. By the age of 26, she has already been both an army officer as a Platoon Leader Assistant and a McKinsey consultant.