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Wednesday, August 24, 2016

2016 MBA Career Report

August 24, 2016. Shanghai - The CEIBS MBA Office today released its annual MBA Career Report.  This year’s highlights include:

  • Over 800 positions were made available through the school's Career Development Centre (CDC) from 319 companies during the 2015-2016 recruitment season;

  • Within three months of graduation, 93.4% of CEIBS MBA graduates reported having received at least one offer, with 92.7% accepting;

  • 80.7% achieved career switches In industry, function or both;

  • The average annual salary increase is 92%, with nearly 70% of graduates within the RMB 300,000 to 600,000 range;

  • Financial Services, Technology and Manufacturing represented the top three industries that attracted graduates.

More than 100 companies who have long term partnerships with CEIBS hired graduates from the MBA Class of 2016, including AB InBev, Alibaba, Amazon, ANZ, Baidu, Bayer, BCG, Carrefour, CFLD, Continental, Dupont, Eli Lilly, Fosun, GE, Google, Guotai Junan Securities, Huawei, JD, Legend Capital, Medtronic, Microsoft, Roland Berger, Siemens and Tencent.

As China’s economy has developed, so has the demand for high-caliber business professionals in recent years. This year saw the CDC launch the ‘Localization Programme for International Talents’ as well as the Second CEIBS Chinese Enterprise Forum to highlight the unique value that an MBA brings for local recruiters. Another notable development from this recruitment season saw recruiters from Chinese private enterprises surpass foreign companies for the first time, reaching 46%.

In terms of location, 100% of international students have been placed in the Asia Pacific region, with 70% staying in mainland China. Moreover, across the entire Class of 2016 working in mainland China, the number of cities where CEIBS graduates have gone to work has also expanded from three 1st tier cities to 12 cities nationwide. 

Entrepreneurship provided a further highlight this year with 7% of the class deciding to take the entrepreneurial path and start their own businesses, a figure also slightly higher than in previous years. As CEIBS President Prof. Li Mingjun says, “Entrepreneurship and innovation is part of CEIBS’ DNA, and also the driving force for China’s economic structural reform”. CEIBS has developed many initiatives to help support student and alumni entrepreneurs, including the launch of the eLab late last year, the ChairMan Fund which has already invested RMB 30 million for incubating IDEA projects and the first Career Exploration Day within CEIBS Entrepreneurial Leadership Camp. To date the eLab has supported over 50 start-up projects, including 32 from MBA students/alumni.  CEIBS MBA Programme strives to provide 360o support to future entrepreneurs and nurture future business leaders for China and the rest of the world.

Thanks to the efforts and initiatives launched by the CDC, CEIBS ranked high in both “International Experience” and “International Mobility” categories in the global business school rankings released by the Financial Times in January 2016. Recent activities have included organizing the first career trek to Silicon Valley, participating in the IESE job fair and the reciprocity collaborations with Harvard, INSEAD, LBS, IESE and IE which are now in their fourth year. CEIBS now aims to further expand its “Global Breadth” by providing well-rounded support for international placement and global exposure.

For more details, please download the career report at http://www.ceibs.edu/sites/default/files/mba/pdf/MBA2016_Career_Report_big.PDF

We would like to express 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 continuously pays attention to the market trends and talent development. We aim to provide a platform for business leaders and HR executives to share and learn. Recruiters are welcome to contact Career Development Centre for recruiting opportunities and collaborations: +86 21 2890 5142, or cdc@ceibs.edu.

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

Ivy Yang
Janine M. Coughlin