Barcelona, Spain-based Esade allows its full-time MBA participants to complete the program in 12 months, 15 months or 18 months.

According to the Full-Time MBA Employment Report for the Class of 2019, 91% of the students secured employment three months after graduation. The salary increase, three years down the line, was 116%.

ESADE One Year MBA Placement 2019 Details

In terms of geographical mobility, 78% found a job outside Spain and 50% found a job outside their home country.

In employment by region, 54% of the class found jobs in Europe followed by 17% each in Latin America and Asia. The United States of America took 10%. Africa and Oceania provided employment to 1% each.

Sector-wise Placement

A majority of 33% of the cohort chose technology with an average annual salary of Euro 67,705 and a maximum annual salary of Euro 105,541.

Next comes Consulting Services with an average annual salary of Euro 74,979 and a maximum salary of Euro 132,198.

Financial Services took in 12% with an average annual salary of Euro 72,934 and a maximum annual salary of Euro 122, 250.

Healthcare gave jobs to 7% with an average annual salary of Euro 62,197 and a maximum annual salary of Euro 80,000. Manufacturing took in 7% with an average annual salary of Euro 65,502 and a maximum annual salary of Euro 98,761.

Consumer Packaged Goods sector gave employment to 7% with an average annual salary of Euro 79,097 and a maximum annual salary of Euro 211,082.

Retail took in 2% with an average annual salary of Euro 77,096 and a maximum annual salary of Euro 91,017. Transportation & Logistics also gave jobs to 2% with the average annual salary at Euro 90,096 and a maximum annual salary of Euro 90,096.

Placement by Top Functions

Consulting took in 24% with an average annual salary of Euro 69,794 and a maximum annual salary of Euro 132,198. Marketing/Sales gave jobs to 23% with an average annual salary of Euro 69,096 and a maximum annual salary of Euro 105,541.

General Management took in 17% with an average annual salary of Euro 75,074 and a maximum annual salary of Euro 103,897.

Finance gave jobs to 13% with an annual average salary of Euro 79,520 and a maximum annual salary of Euro 211,082.

Operation / Logistics took in 8% with an average annual salary of Euro 61,637 and a maximum annual salary of Euro 83,769.

Business / Data analytics gave jobs to 5% with an average annual salary of Euro 65,715 and a maximum annual salary of Euro 115,496.

Information Technology took in 4% with an average annual salary of Euro 58,519 and a maximum annual salary of Euro 72,000.

Others accounted for 3% with an average annual salary of Euro 68,500 and a maximum annual salary of Euro 100,000.

Career Changers

While 97% of the graduates changed either function, sector, and location 29% had triple career change (function, sector, and location).

When 65% changed function, 73% changed sector and 50% changed location.

Source 1

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ESADE allows full-time MBA students a choice of three formats ranging from an accelerated 12 month, 15 months and 18 months. Since the final course length decision is taken only at the end of Term 3, around April-May, all the students start the program and graduate together, besides mandatorily completing the same number of credits.

It lays emphasis on the 4 ‘C’ s. The first is Collaborative Leadership that underpins global business today, transcending cultural boundaries. The  Second is Critical Thinking needed to develop the readiness to question everything in pursuit of innovative and relevant solutions to emerging threats and opportunities.

The Class of 2020 that began classes in September has 187 students, with the gender ratio of 30% female and 70% male.

With 97% international students, 51 nationalities find representation in the class. Their average age is 29 and they have an average work experience of 6 years.

Sector-wise, 50% of students are from Industrial & General Services, 20% Financial Services, 16% Consulting, 9% Technology and 5% Others.

By functional area, 24% of them are from Marketing & Sales, 20% Finance, 17% General Management, 15% Operations & Logistics, 8% Information Systems, 5% Consulting and 11% Others.

In the academic background, the break-up is 48% in Economics & Management, 30% Engineering, 5% each in Law and Humanities & Social Sciences. Science & Healthcare, Arts and Others complete the list at 4% each.

ESADE says the MBA this year is more innovative, more digital, more ground-breaking and more entrepreneurially-minded than ever before. “We are about training leaders that think differently, and that is ready to create new paths to success.”

It lays emphasis on the 4 ‘C’ s. The first is Collaborative Leadership that underpins global business today, transcending cultural boundaries. The  Second is Critical Thinking needed to develop the readiness to question everything in pursuit of innovative and relevant solutions to emerging threats and opportunities.

The third is Creativity, in honing the entrepreneurial mindset to redefine challenges, rewrite the rules and see opportunities where others find obstacles. The Fourth is Communication Skills, learning to align, mobilise, engage and persuade stakeholders, from key decision-makers to team members.

Prestigious global companies recruited 81% of the graduates for positions abroad. For MSc Programs in Management, the figure was 80%, the Madrid-based school stated on its website. Almost 92% of MSc students landed jobs within three months of graduation.

Among the Master in Law program graduates, 97% have accepted job offers and already started working.

ESADE Director General Eugenia Bieto said, “These figures allow us to be optimistic about our students’ placement in the years to come. Despite today’s political instability, companies still need global talent and leaders with a strong ethical foundation who are capable of managing in extremely complex settings,” she added.

About 17% work in Latin America, 14% in Asia, 10% in the United States, 6% in the Middle East and 2% in Oceania and Africa. Similarly, 79% of 2016 MSc graduates have an international presence.

Major companies that have hired the most in recent years are McKinsey, Boston Consulting Group (BCG), Amazon, Google and Microsoft.

ESADE claims that the employability and international competitiveness of its graduates could be seen from the fact that 81% of the MBA alumni are employed outside of Spain. Specifically, 51% work in other European countries (31% in Germany; 14% in the United Kingdom; 10% in Switzerland; 10% in the Netherlands; 10% in France; and 25% in other countries).

About 17% work in Latin America, 14% in Asia, 10% in the United States, 6% in the Middle East and 2% in Oceania and Africa. Similarly, 79% of 2016 MSc graduates have an international presence.

The technology industry has recruited the largest number of MBA graduates at 32%. For MSc participants, consulting is the key industry at 30%. For BBA graduates, it is 35% each for Technology and Finance.

Consulting figures among the top three sectors that recruit the maximum number of graduates, along with technology, general services and communication industries.

ESADE Careers organises job fairs to ensure successful placement of the graduates. As many as 80 companies had turned up at these fairs this year, more than in the previous years. The companies include General Electric, Johnson & Johnson, H&M, PepsiCo and the Clinton Foundation.

“Human resource teams, directors of different business areas and alumni have had the opportunity to interact with ESADE MBA, MSc, BBA, Double Degree and CEMS programme participants,” said Maria José Verastegui, Director of Corporate Development for ESADE Careers.

“For students, it’s a unique opportunity to learn about different industries, find out about the professional opportunities they provide and begin to define their new professional futures upon completing their studies,” she added.

ESADE’s Class of 2018 comprises 190 students, including 32% women. Drawn from 48 nationalities, 94% of the class is non-Spanish.

While 29% of the class is from Latin America, 26% is from Europe and 25% from Asia. The average age of the students is 28.7 years. They have 5.5 years average work experience.

As far as academic background is concerned, 49% of the class is from Economics & Management followed by 32% from Engineering and 10% Humanities & Social Sciences. About 5% students have Law background while 2% each are from Medical and other streams.

In functional area, 22% of the students are from Marketing & Sales followed by 21% in General Management and 19% in Audit and 16% in Consulting.

Divided by sector, 41% of them are from Industrial sector followed by 17% each in Financial Services and Business Services.

The 12-month track is offered in some individual cases where strict requirements are met. The 15-month program is for those who have professional commitments that require them to complete the program early.

The 12-month program will have electives along with the compulsory core program but no Exchange or Internship. The 15-month program offers a choice of either exchange or internship. Students go on exchange to other business schools with which ESADE has tie ups after the summer break. The duration of the Exchange typically varies from three to four months depending on the choice of partner business school.

Students in the full 18 month program will be able to participate in both exchange and internships.

The ESADE MBA program typically starts in August with a Pre-program in which online preparatory packs are made available for an intensive basic communication course in Spanish or English. The introductory and foundation weeks would set the tone. Term 1 is dedicated to understanding the context, term 2 to decision making, Term 3 to execution and sustainability. In May, the Track decision is to be taken by the students to opt for the 12 month, 15 month or 18 month programs.

The 12-month program will be completed by September, the 15 month program by December and the 18 month by March in the second year.