The overall mean annual salary for MBA graduates in the class of 2019 at INSEAD was reported at US$ 92,800, median salary at US$ 93,400, median sign-on bonus at US$ 20,000 and median performance bonus at US$ 16,9000.
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.
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 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 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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