GLOBAL CAREERS. GLOBAL TALENT. Hult MBA Class of 2013
CONTENTS Hult s international talent... 3 Hult Class of 2013: global career success... 4 Hult Class of 2013: student profile... 6 MBA Class of 2013: snapshot... 7 Increase your earning power... 8 Average post-graduate USD salary (2013)... 9 Starting compensation by region of origin... 10 MBA career success year on year... 11 International career development... 12 Chart your own course work in a new industry... 13 Companies that recruit Hult graduates... 14 How Hult helps you boost your global career... 15 How our graduates secure jobs with top employers... 18 What our corporate partners say about Hult... 19 2
HULT S INTERNATIONAL TALENT The next 50 years will not be the same as the past 50 years. The world needs people who have a global perspective and are equipped with the professional soft skills required to thrive in today s global workplace. Hult graduates are uniquely positioned to make a difference in business. This booklet demonstrates the value of our degree programs. Ranked 5 th in Percentage Increase on Pre-MBA Salary by The Economist (Which MBA? 2013) and Top 5 for International Business and International Course Experience by the Financial Times (2014), Hult graduates enter a fiercely competitive job market with a valuable education, skillset, and a wealth of connections. Our network of Career Services teams located in Boston, San Francisco, London, Dubai, and Shanghai helps our students navigate their careers in a personalized and systematic fashion. We work closely with corporate recruiting partners and offer effective on-campus recruitment activities to support our students in their career development. The approach is paying off: 81% of our MBA Class of 2013 graduates were employed within the first three months of graduation. Hult is a rich source of international talent browse this booklet to find out more about our graduates career success. Dr. Mukul Kumar Chief Academic Officer Global Careers. Global Talent. 3
HULT CLASS OF 2013: GLOBAL CAREER SUCCESS Hult graduates accepted job offers at 300+ COMPANIES in 55+ COUNTRIES 58% of Hult MBA students changed their region of employment. RANKED 5 th for Percentage Increase on Pre-MBA Salary by The Economist (Which MBA? 2013). 4
RANKED 1 st for diversity of industries recruiting graduates by The Economist (Which MBA? 2013) 81% of Hult MBA Class of 2013 students were employed three months after graduation. USD 180,603 Average salary for top 10% of MBA Class of 2013 graduates Global Careers. Global Talent. 5
HULT CLASS OF 2013: STUDENT PROFILE 140 nationalities across all Hult programs and campuses worldwide 105 languages spoken across all Hult programs and campuses worldwide 3average number of languages a Hult student speaks Professional Experience (MBA Class of 2013) 12% 8-10 Years 22% >10 Years 36% 5-7 Years 30% 3-4 Years Average Age (MBA Class of 2013) 6% 40+ 10% 35-39 37% 30-34 46% 25-29 1% <25 Region of Origin (MBA Class of 2013) NORTH AMERICA 20% LATIN AMERICA 19% EUROPE 26% MIDDLE EAST & AFRICA 11% ASIA PACIFIC & SOUTH ASIA 24% 6
MBA CLASS OF 2013: SNAPSHOT Pre-MBA industry Consulting 13% Consumer Products 10% Education 6% Energy/Petroleum 4% Financial Services 18% Government/Non-profit 5% Healthcare/Pharmaceutical 8% High-Tech/Telecom 13% Manufacturing 7% Media/Entertainment 4% Professional Services 12% Post-MBA industry Consulting 18% Consumer Products 15% Education 6% Energy/Petroleum 1% Financial Services 16% Government/Non-profit 4% Healthcare/Pharmaceutical 5% High-Tech/Telecom 15% Manufacturing 6% Media/Entertainment 4% Professional Services 10% Pre-MBA function Administration 4% Consulting 13% Finance/Accounting 15% General Management 16% Human Resources 3% Information Technology 12% Manufacturing 2% Marketing/Sales 26% Operations/Logistics 9% Post-MBA function Administration 5% Consulting 20% Finance/Accounting 15% General Management 20% Human Resources 1% Information Technology 6% Manufacturing 1% Marketing/Sales 24% Operations/Logistics 8% Global Careers. Global Talent. 7
INCREASE YOUR EARNING POWER 91% (Financial Salary increase three years after graduation Times 2014) USD 180,603 Average salary for top 10% of MBA post-graduation salaries 2nd Return on Investment (Based on The Economist Which MBA? 2013 rankings data for selected schools) Payback Comparison IMD 2.6 years Hult 3.2 years LBS 3.6 years Cass 3.7 years INSEAD 3.7 years Thunderbird 4.0 years Cambridge 4.1 years Oxford 4.3 years Harvard 6.2 years MIT 6.4 years Stanford 6.8 years Source: The Economist Which MBA? 2013 rankings data Wharton 14.1 years 8
AVERAGE POST-GRADUATE USD SALARY (2013) MBA USD 89,872 Please note the following: Boston Campus San Francisco Campus London Campus Dubai* Campus Shanghai Campus USD92,227 USD91,728 USD94,730 USD65,884 USD85,843 1) The salary figures referenced do not take into consideration income tax rates or cost of living. For example, Dubai s 0% income tax rate and lower cost of living affects salary levels significantly. 2) Only cash components of remuneration are taken in to account. Stock options, equity, and other benefits associated with start-ups are not included. *Data for this category is based on small sample size. Please note figures represent a three-year average. 65% Post-Graduation % Salary Increase (Based on The Economist Which MBA? 2013 rankings data for selected schools) Salary Increase (%) IMD 67% Hult 65% Thunderbird 56% MIT 54% Harvard 50% Cass 50% INSEAD 49% Stanford 45% Cambridge 44% Oxford 44% Wharton 21% Source: The Economist Which MBA? 2013 rankings data Global Careers. Global Talent. 9
STARTING COMPENSATION BY REGION OF ORIGIN MBA post-graduation USD salary* by region (2013) *Three-year average NORTH AMERICA USD 93,318 EUROPE USD 92,938 ASIA USD 97,760 LATIN AMERICA USD 88,405 MIDDLE EAST & AFRICA USD 99,516 SOUTH ASIA USD 80,959 Top employers of Hult graduates by campus Boston San Francisco London Dubai Shanghai 10
MBA CAREER SUCCESS YEAR ON YEAR An overview of our MBA graduates indicates a clear rise, year on year, in their average starting salary. The MBA salary increase three years after graduation (as measured by the Financial Times 2014 method of calculating average salary) shows an increase of 91%. In addition, up to 58% of graduates were employed in a new country after studying at Hult. Year 2008 2009 2010 2011 2012 2013 Average Starting Salary (USD*) Maximum Starting Salary (USD) Average Salary (USD) 3 Years Post Graduation (Financial Times) % Employed 3 Months Post Graduation Employed in New Country (%) 72,350 73,214 79,087 89,143 89,510 89,872 157,600 170,000 180,000 250,000 270,000 235,000 96,915 98,644 107,079 100,747 113,653 105,844 76% 70% 81% 78% 80% 81% 60% 54% 55% 59% 65% 58% *Not adjusted for Purchasing Power Parity (PPP). Global Careers. Global Talent. 11
INTERNATIONAL CAREER DEVELOPMENT Employment rate three months after graduation MBA 81% % employment rate (responded) Boston Campus San Francisco Campus London Campus Dubai Campus Shanghai Campus 77% 84% 78% 86% 80% Mobility: % of graduates employed in a different country MBA 58% % in different country Boston Campus San Francisco Campus London Campus Dubai Campus Shanghai Campus 67% 63% 48% 64% 45% 12
CHART YOUR OWN COURSE WORK IN A NEW INDUSTRY A degree from Hult helps you take the next step in your career. Whatever your path, we can support you on your way. Hult graduates go on to work in a wide variety of industries The Economist ranks us 1 st for the diversity of industries that employ our graduates. Post-graduation Industry Industry Mobility Consulting Consumer Products Education Energy/ Petroleum Financial Services Government/ Non-profit Healthcare/ Pharmaceutical High-Tech/ Telecom Manufacturing Media/ Entertainment Professional Services Consulting 40% 9% 4% 0% 13% 7% 2% 11% 5% 5% 4% Consumer Products 6% 51% 0% 4% 8% 0% 0% 12% 4% 4% 11% Education 14% 0% 38% 5% 10% 9% 0% 14% 5% 0% 5% Pre-Hult Industry Energy/Petroleum 7% 20% 0% 46% 20% 0% 0% 0% 0% 7% 0% Financial Services 8% 9% 6% 0% 63% 2% 2% 4% 3% 2% 1% Government/ 29% 7% 7% 0% 0% 29% 0% 7% 0% 0% 21% Non-profit Healthcare/ 19% 5% 9% 5% 10% 0% 33% 5% 5% 0% 9% Pharmaceutical High-Tech/Telecom 11% 11% 3% 0% 6% 3% 0% 45% 6% 6% 9% Manufacturing 17% 4% 4% 0% 4% 0% 8% 8% 34% 8% 13% Media/Entertainment 12% 4% 11% 0% 11% 4% 0% 19% 0% 35% 4% Professional Services 4% 14% 2% 4% 10% 2% 4% 4% 6% 0% 50% RANKED 1 st for the diversity of industries that employ our graduates (2013). Global Careers. Global Talent. 13
14 COMPANIES THAT RECRUIT HULT GRADUATES
1 HOW HULT HELPS YOU BOOST YOUR GLOBAL CAREER Prepare for your global career With Hult s dedicated global Career Services teams Professional Career Development At Hult, career support is directly integrated into our curriculum. The Professional Career Development course equips you with the tools to help you manage your career both in the short and long term. Classes on personal branding and career management strategies will ensure that you graduate ready to make your professional mark from day one. One-to-One Advice We offer support with career planning and the job-seeking process, and we help you develop your résumé writing and interview skills. You tell us what you want to do and where, and we ll help you get there. Global Perspective We prepare students for success in the global marketplace. With teams present at all of our five global campuses, we offer the local know-how and global perspective to help students boost their international career. Hult s dedicated Career Services team helps you take a broad 360º outlook on job opportunities. Hult helped me make the career transition from FMCG to the service industry. My MBA at Hult was a year that changed my life. Erika Robles Antibiotics & HIV District Manager Johnson & Johnson Colombian MBA Class of 2009 My Hult journey has been breathtaking. After graduating I secured a job at a Top 20 pharmaceutical company which placed me firmly in the international context. I got this job thanks to an internship that the campus staff helped me secure. Hult Career Services also helped me prepare for the position. Saurabh Gupta Project Manager Boehringer Ingelheim Pharmaceuticals Indian MBA Class of 2013 Global Careers. Global Talent. 15
2 Interact with global corporate executives With Hult s company visits & inspiring corporate speakers Company Visits Thanks to Hult s strong ties with top companies around the world, students have the chance to visit the offices of leading local companies and corporate giants, such as Google and Johnson & Johnson, in order to experience the company s inner workings firsthand and to interact with top executives. Industry Insights We invite industry executives to share their insights with students. Hult hosted over 300 corporate speakers from a range of industries last year alone. Top firms represented include PepsiCo, Deutsche Bank, and KPMG. Visionary Speaker Series Hear some of the greatest minds from a range of fields share what it takes to turn an idea into reality and bring about breakthrough innovation. Each campus hosts one forward-thinking individual per year. Past speakers at Hult include the 42 nd President of the U.S. Bill Clinton, Twitter Co-founder Biz Stone, and Co-founder of Wikipedia Jimmy Wales. I wanted to complete an MBA in order to get a wider view of today s business environment. I realized how truly multinational an environment the campus was during the first week of class. Whether it was with my classmates, professors, the global guest speakers, or the Hult Prize, Hult allowed me to interact with people from all over the world. Consuela Dezso Financial Planning & Analysis Manager Baker Hughes MBA Class of 2012 Schneider Electric has partnered with Hult since 2008 and we have engaged with the students with regards to mentoring and participating in careers fairs. We find great diversity and rich experience in their students. We look forward to working with them in the future. Cedric Durth Director Human Resources Schneider Electric 16
Connect with top international employers 3 Thanks to the global reach of Hult s Corporate Relations team As the world s most international business school, Hult is committed to connecting our diverse, international student body with leading companies across the world. Global exposure is key to success in today s increasingly interconnected world, which is why Hult s Corporate Relations team helps future global business leaders gain exposure to our international CR corporate partners. Global Corporate Network Hult s Corporate Relations team proactively reaches out to establish new connections with top firms across the world. Word of Hult s student talent has spread fast: Nokia representatives came to speak to students in London after being tipped off by insiders at Burberry. Talent Solutions Hult offers top international employers such as Google, McKinsey, and Panasonic a unique tailored executive search service. The team carefully reviews student and alumni profiles and selects potential candidates who best fit our partners needs. The approach is working over 460 Hult students and graduates secured jobs or internships last year thanks to Hult s Corporate Relations team. Innovative Engagement Hult optimizes its corporate partnerships by working with companies to offer innovative new ways of connecting Hult students with top employers. We have created a student contest with world-leading market research association ESOMAR, and established a team of student ambassadors for media giant Bloomberg L.P. Hult works to maximize its corporate partnerships to ensure optimal exposure for students. Snapshot of Hult s Corporate Partners Global Careers. Global Talent. 17
HOW OUR GRADUATES SECURE JOBS WITH TOP EMPLOYERS Hult s Latin America Corporate Relations (CR) team was crucial in helping me and my classmate secure our current jobs at Deloitte. A Hult alum was looking to fill the positions and the CR team encouraged us to apply. The team offered us plenty of interview tips and I passed all of the interviews and tests with flying colors. After receiving the offer, the CR team connected me with contacts from Deloitte Mexico so I could find out about the company and the country. Hult also supported me by offering advice on salary negotiations. I m really enjoying my post-hult life; my new job, new friends, new country, and new experiences what more could I ask for? Juliana Ortega Senior Consultant in Strategy and Operations Deloitte Mexico Colombian MBA Class of 2012 Hult has helped me transition from the public relations sector to marketing and business development. Upon graduating I joined an internet start-up, where I developed new programs and services, and set up a marketing foundation. All this was made possible by always applying the marketing credentials I acquired at Hult to any teamwork I was involved in. I was attracted to Hult and its MBA program both by the global diversity of Hult s student and professorial bodies, and Hult s teaching methods which center around action learning and teamwork. I believe all these factors combine to provide excellent preparation for a future career in a multinational corporation. Mamiko Kuno Santagata Marketing Manager Oracle Japan Japanese MBA Class of 2009 18
WHAT OUR CORPORATE PARTNERS SAY ABOUT HULT Hult is a trusted corporate education partner. Graduates bring with them a wealth of cutting-edge business knowledge, and more importantly, practical business know-how. Thanks to Hult s hands-on curriculum, graduates are job-ready from day one. We in our division look forward to connecting with Hult students in the near future! Ania Jakubowski Commercial Group Category Director, Bottling Division Coca-Cola The international and professional diversity of Hult s student body makes it an excellent source of global business talent. We are already taking the opportunity to look for matches based on our multinational clients needs, and look forward to working even more closely with Hult students going forward. Anthony Vardy Senior Consultant Korn/Ferry International Hult s faculty is devoted to the success and employability of their students. It has been a pleasure working with a team that is so dedicated to making the educational experience both enriching and practical. Hult students are professional and hard-working, and our Ambassador Program has been greatly enriched as a result of their involvement. Melissa Mitchell Bloomberg Institute EMEA Global Careers. Global Talent. 19
Accreditations & rankings Hult International Business School is ranked 59 th in the world by The Economist (2013). The Economist also ranks Hult 1 st for diversity of industries recruiting graduates and 5 th for Percentage Increase on Pre-MBA Salary. Hult International Business School is ranked 61 st in the world by the Financial Times (2014). Hult also ranks in the Financial Times Top 5 for International Business and International Experience. Hult International Business School s worldwide operations are accredited by the New England Association of Schools and Colleges (NEASC). Hult International Business School s MBA program is accredited by the Association of MBAs (AMBA). Hult International Business School is accredited by the British Accreditation Council for Independent Further and Higher Education. The Americas Boston 1 Education Street Cambridge, MA 02141, U.S. Tel: +1 617 746 1990 San Francisco 1355 Sansome Street San Francisco, CA 94111, U.S. Tel: +1 415 869 2900 Miami 3390 Mary Street Suite 250, Coconut Grove Miami, FL 33133, U.S. Tel: +1 305 648 9746 Asia Pacific Shanghai 4F, 666 Fuzhou Road Jinling Haixin Building Shanghai, China 200001 Tel: +852 2111 2399 Hong Kong 2301 Tower Two Times Square, Hong Kong Tel: +852 2111 2399 Europe London 37-38 John Street London WC1N 2AT, U.K. Tel: +44 207 341 8555 Lucerne Haldenstrasse 4 Lucerne, 6006, Switzerland Tel: +41 41 417 45 75 Middle East & Africa Dubai Internet City P.O. Box 502988 Dubai, U.A.E. Tel: +971 4 427 5800 To apply, please visit hult.edu/apply-now hult.edu