MSc MASTER OF SCIENCE PROGRAMS EMPLOYMENT REPORT 2 014
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1 MSc MASTER OF SCIENCE PROGRAMS EMPLOYMENT REPORT 2 014
2 SSE MASTER GRADUATES HAVE A WIDE SELECTION OF CAREERS SSE graduates are very successful in launching careers. Our outstanding network of corporate partners and tradition of building strong company relations is undoubtedly one reason for this success. T he master graduates have launched their careers with some of the most popular and best-known companies in the world including H&M, McKinsey & Company, Boston Consulting Group, EY, Google, SEB, Spotify and Goldman Sachs. Both the School and the Student Association provide students with extensive opportunities to meet with employers and recruiters. An exclusive online job portal adds to those opportunities. The unique MSc Mentor program offers mentoring to all MSc students who apply. This has proven to be immensely helpful to students in their career-defining process and also very rewarding for participating mentors. Leveraging Stockholm s well-known climate for start-ups, the incubator SSE Business Lab offers support to students wanting to start their own business. The wide networks and industry connections of SSE s faculty open many doors for students in their job search. Students form connections with employers throughout their education as representatives of international businesses and organizations participate in SSE s education through projects, live cases, class visits and guest lectures. We would like to offer a sincere thank you to our recruiters, alumni and corporate partners for contributing to the professional development of SSE students and graduates. We look forward to continuing to work together towards global and sustainable business success.
3 GRADUATE PROFILE The total number of Master graduates earning a degree in 2013 was 260, 57% men and 43% women. Median age was 26, and 28 nationalities were represented. AGE 26 57% 43% Examples of nationalities: Dutch, Indian, Latvian, Mexican, Russian, American, German, Swedish, Chinese, Canadian, Italian.
4 GRADUATES HIRED QUICKLY Our survey of 2013 Master graduates found that: 91% 91% FOUND EMPLOYMENT WITHIN 3 MONTHS* OF COMPLETING THEIR STUDIES 80% found positions before they completed their studies. * The remaining 9% also include those who chose not to look for a job immediately after graduation.
5 FIRST-TIME EMPLOYERS Some of the organizations that hire new SSE Master graduates ATLAS COPCO BAIN & COMPANY BLACKROCK BOSTON CONSULTING GROUP DELOITTE ERICSSON EY GOOGLE H&M KLARNA MCKINSEY & COMPANY MINISTRY OF FINANCE NORDEA OLIVER WYMAN PWC ROYAL BANK OF SCOTLAND ROLAND BERGER STRATEGY CONSULTANTS SEB SPOTIFY UBS UNIBAIL-RODAMCO KPMG
6 WORK DESTINATIONS For SSE Master graduates Sweden, the United Kingdom and Germany were the most popular work destinations. 38% of the graduates took their first position outside of Sweden. Sweden 62% United States 1% United Kingdom 7% Latvia 2% Netherlands 2% Germany 8% Switzerland 4% Italy 2% Hong Kong 1% Singapore 1% Iraq 1% Elsewhere 9% Nationality and destination Most Swedes decide to pursue their careers in Sweden. Most graduates of other nationalities pursue their careers abroad. Swedes that start to work in Sweden 2013: 89% (11% work outside of Sweden) International graduates that start to work in Sweden 2013: 32% (68% work outside of Sweden)
7 JOB-SEARCH CHANNELS Graduates used multiple channels to find their jobs. Traditional channels remain important, such as networks, internships and direct applications. The Career Fair at SSE and the digital job portal also play a key role. Career Fair at SSE Company presentations or similar events at SSE Advertisements on digital job boards at SSE Contacted an employer Friends or other contacts Previous internship/employment Started my own company Other (Thesis work, SSE department contacts etc.) 0 5% 10% 15% 20% 25% 30% AVERAGE SALARY The average yearly salary of Master graduates one year after completing their studies was USD (including bonuses).
8 CHOICE OF INDUSTRY Finance and Consultancy most popular industries for Master graduates. 28% Finance 26% Consultancy 8% IT/Telecoms 7% Media/Marketing Services 6% Consumer Products 4% Health Care 5% Retail 5% Industrial 2% Public Sector/Non-profit 9% Other
9 PROGRAM PORTFOLIO PROGRAMS OFFERED AT SSE MASTER OF SCIENCE PROGRAMS ACADEMIC YEAR 2014/2015 BACHELOR OF SCIENCE PROGRAMS (3 YEARS) Business & Economics Retail Management International Business MASTER OF SCIENCE PROGRAMS Finance MASTER OF SCIENCE PROGRAMS (2 YEARS) Business & Management Economics DOCTORAL PROGRAMS, PHD (4 YEARS) Business Administration Economics Accounting & Financial Management Finance General Management MBA EXECUTIVE FORMAT (18 MONTHS) EXECUTIVE EDUCATION
10 WHAT EMPLOYERS THINK Our partnership with SSE helps young people to get a highquality education and the opportunity to enter and progress in work while improving our ability to recruit qualified trainees and employees. Klaus Kibsgaard President and Chairman BMW Group Northern European Region at BMW AG The main advantage in recruiting from SSE is that it s in the frontline if you compare to other schools. We know that students from SSE are up and running in our organization very quickly, which is good both for them and for us as a company. Petra Schedin Stergel Human Capital Leader Sweden, PwC We believe new insights, dialogue with top notch researchers and a focused education fostering tomorrow s leaders are crucial for a prospering business community. Annika Falkengren President & CEO, SEB
11 WHAT STUDENTS THINK SSE is for me an experience that really enhanced my cross-cultural understanding and will provide me with international opportunities in the future. Marco Studer, from Switzerland. MSc Program in Finance, Alumnus. SSE offers more than just the program: it offers a unique study environment, intriguing students and close relations with corporate partners. SSE is highly ranked when it comes to economics programs in Europe, and its location in Stockholm, made it my dream choice for a masters program. Lu Yu, Student from China. MSc Program in Economics. The Program has been very practical where we have gotten the opportunity to put theory into practice with real business cases for real companies. Emma Forsman, Student from Sweden. MSc program in Business & Management. Sander Verberne, Student from the Netherlands. MSc in International Business (CEMS MIM).
12 FIVE REASONS TO CHOOSE SSE STOCKHOLM SCHOOL OF ECONOMICS The Stockholm School of Economics (SSE) is the leading business school in Northern Europe. For a century, SSE has educated talented men and women for leading positions within business and the public sector. SSE offers highly ranked bachelor s, master s and doctoral s degree programs along with an Executive Format MBA and Executive Education. SSE has earned a reputation for excellence, both in Sweden and around the world. The School is accredited by EQUIS (European Quality Improvement System), which certifies that all of its main activities teaching as well as research are of the highest international standard. SSE is also the Swedish member institution of CEMS (The Global Alliance in Management Education) and PIM (Partnership in International Management) NATIONAL AND INTERNATIONAL RECOGNITION SSE has been ranked by the Financial Times as the number one business school in the Nordic and Baltic countries. CLOSE TIES TO BUSINESS The Stockholm School of Economics has very close ties to the business community. LOCATION: STOCKHOLM Stockholm is known as one of the world s most beautiful cities. THE SSE EXPERIENCE Students will enjoy guest lectures, visit companies and join an alumni network that spans the globe. CAREER OPPORTUNITIES SSE Master graduates have a wide selection of opportunities and show high hiring rates. Stockholm School of Economics Box 6501 SE Stockholm, Sweden Phone: info@hhs.se
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