83% EMPLOYMENT OVERVIEW. Introduction Full Time MBA Employment Report. MBA Job Source. Transforming knowledge into action
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1 Full Time MBA Employment Report Introduction We are delighted to be able to base our results this year on information about 100% of the class and are proud to report that 83% of those looking for roles had achieved this within 3 months of graduation. The Cranfield MBA class of have been an extremely proactive group, connecting with the Career Development Service from day 1 of their Programme. This has been reflected in their post Cranfield employment results. The major employment destinations are Financial Services, Management Consultancy and Energy and Utilities. 17% of the cohort started their own businesses reflecting Cranfield s growing status as a leading centre for Entrepreneurship. We are delighted by these outcomes and I commend both the students and staff involved in these achievements. Colin Hudson, Director of Career Development. EMPLOYMENT OVERVIEW Percentage of FT MBA students that found employment within 3 months of graduation: 83% *Figure is based on entire cohort Job Source 18% MBA Job Source Employment Status 1% MBA Employment Type 74% 8% 17% Entrepreneurship Permanent Contract Internship *Figures are based on data received up to 1st Feb % Student/Cranfield Sourced Previous Employer *Figures are based on data received up to 1st Feb 2014 Transforming knowledge into action
2 MBA CLASS PROFILE *Figures are based on entire cohort Average Age: 31 Gender: MBA Gender 32% Average Years Work Experience: 9 F 68% M Nationality by Region: 26% 5% 2% MBA Nationality by Region Africa 7% 4% Asia 26% Australia and Oceania Eastern Europe 5% Latin America 14% 11% Middle East North America UK Western Europe SALARY BREAKDOWN Average basic salary before Cranfield: 40,150 Average total salary package before Cranfield: 46,779 Average basic salary after Cranfield: 64,039 Average total salary package after Cranfield: 78,355 Average total salary increase after Cranfield: 31,576 2
3 OUR TOP RECRUITERS Below are just a few of the great names that recruited from the Full Time MBA cohort. 3
4 ORIGINS & DESTINATIONS The percentage of students that changed country of employment after Cranfield was 34% this year, and a total of 64% of MBA students are now based in the UK. % Country of Employment Before & After Cranfield MBA: 70 MBA Employment Location Pre & Post Cranfield % MBA Students Pre Cranfield % Post Cranfield % Australia Botswana Brazil Chile China Germany Greece India Indonesia Mexico Nigeria Peru Romania Russia South Africa Slovakia Spain Switzerland UK USA Country of Employment Students that changed country: Students now employed in UK: 34% 64% 4
5 EMPLOYMENT SECTOR This year Cranfield s two strongest industries for post-mba employment continue to be Financial Services (23%) followed by Management Consultancy (17%). These figures are consistent with the previous cohorts and maintains the reported 50% increase of last year s Financial Services placements. Energy and Utilities follow as the third most popular sector at 13%. % Employment Sector Before & After Cranfield MBA: 25 MBA Employment Sector Pre & Post Cranfield 20 % MBA Students Pre Cranfield % Post Cranfield % 5 0 Aerospace/Aviation 21% 22% 4% 2% Armed Forces/Defence Automotive Construction/Property Management Consultancy Education/Training Energy and Utilities Engineering/Electronics Fashion & Beauty Financial Services changed sector, function & country made both sector & function change changed sector & country made sector change only FMCG Government/Non Profit Healthcare/Pharmaceutical Employment Sector HR/Recruitment Leisure/Hospitality Manufacturing/Distribution Marketing/PR/Communications Media/Journalism/Entertainment Other Retail/Wholesale Technology/IT Telecommunications Percentage that changed sector: 49% 5
6 EMPLOYMENT FUNCTION Cranfield s strength as a General Management school for future leaders is reflected in this year s data, with 26% of students securing Senior Management or Director level positions within General Management. Consultancy continues to be a popular choice with 17% of students securing roles within leading firms, while Entrepreneurship has risen to 17% - an increase that denotes more students are launching new businesses. Overall 85% of students changed function as a result of their MBA. % Employment Function Before & After Cranfield MBA: 30 MBA Employment Function Pre & Post Cranfield % MBA Students Pre Cranfield % Post Cranfield % 5 0 Business Development Consulting Engineering Entrepreneurship Finance General Management HR/Recruitment Military Operations/Logistics Sales/Marketing/Communications Strategy Teaching/Training/Coaching Technology/IT 21% Employment Function changed function, sector & country 22% 6% 36% changed function & sector only changed function & country only made function change only Percentage that changed function: 85% 6
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