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Wednesday, August 22, 2018

MBA2018 Career Report

August 22, 2018. Shanghai - The CEIBS MBA Office today released its annual MBA Career Report. Read on for this year’s highlights:

  • 879 positions from 312 companies were made available to students through the school's Career Development Centre (CDC);

  • Within three months of graduation, 93.7% of MBA graduates reported having received at least one job offer, with 93.1% accepting. The placement rate represents the highest in the past five years;

  • 65.7% of MBA graduates leveraged CEIBS’ school resources in order to find their post-MBA job;

  • The percentage of MBAs switching industries, functions, or both also rose to a five year record high of 86.1%;

  • Job postings and placements in the technology sector increased rapidly this year as careers in areas such as blockchain, big data, and AI attracted more students;

  • Financial services, technology, manufacturing, healthcare, and consulting represented the top five industries by number of placements;

  • The average annual salary increased 95.0%, with over 60% of graduates earning between RMB300,000 and RMB600,000.

More than 100 companies with long-term partnerships with CEIBS hired graduates from the MBA Class of 2018, including ABInBev, ADB, Alibaba, Amazon, AstraZeneca, Baidu, Bain & Company, CFLD, Danaher, DuPont, EBON, Ford, HSBC, JD, Johnson & Johnson, Kraft Heinz, Lilly China, McKinsey & Company, Microsoft, Nomura, SAIF Partners, Siemens, Springs Capital, Tencent, vivo, Walmart, and 3M. Chinese enterprises, especially high technology companies, attracted 47% of MBA graduates.

This year, with numerous local Chinese companies going global, there was an increase in demand for high-profile international talents. Leveraging this trend, the CDC held their 2nd annual ‘Localization Programme for International Talents’ and also launched the inaugural Chinese Enterprise Forum. Following the theme of “Stepping Forward with Globalizing Chinese Enterprises”, the forum nurtured student career interests in local enterprises and also provided a platform for recruiters to meet with MBAs. This year, Chinese enterprises hired a similar number of graduates as their foreign counterparts, with four Chinese enterprises appearing in the top ten list of MBA recruiters. In terms of working location, 79.3% of placed international students landed jobs in Asia with 44.8% of those students gaining employment in China.

CEIBS MBA Programme moved up to #8 on the Financial Times 2018 ranking of global business schools, maintaining its position as # 1 in Asia. Thanks to the effort and initiatives launched by the CDC, CEIBS MBA graduates continue to be among those with the highest salary increase percentage when compared with pre-MBA levels. The CDC regularly organises activities that facilitate employment opportunities for MBA students. Recent activities have included overseas career treks to places such as Germany and Silicon Valley, participation in IESE’s job fair and reciprocal collaborations with Harvard, INSEAD, LBS, IESE, IE, and UCLA.

For more details, please click here to download the CEIBS MBA2018 Career Report.

We would like to express our appreciation to our recruiters for choosing CEIBS as your business and talent acquisition partner. As the first Career Development Center in mainland China, CEIBS CDC continually pays attention to market trends and talent development. We aim to provide a platform for business leaders and HR executives to learn and share. Recruiters are welcome to contact the Career Development Centre to inquire about recruiting opportunities and collaborations by calling + (86) 21 2890 5142 or via email at cdc@ceibs.edu.

If you are interested in applying for our MBA programme, please contact us at + (86) 21 2890 5555 or email admissions@ceibs.edu.

Writer: 
Amber Li
Editor: 
Michael Donald Thede