IMD MBA Graduates Draw Average Starting Salary of $ 127,744
0The IMD Class of 2014 MBA graduates got diverse opportunities in industry, manufacturing, technology and other fields with an average starting salary of $ 127,744.
Companies such as Accenture, Amazon, Cisco Systems, Hilti, McKinsey & Co. Siemens, The Boston Consulting Group and the Dow Chemical Company were some of the key recruiters at IMD this year.
The class this year had an average work experience of 7 years and average age of 31 years. In sync with that, IMD students were hired for middle to senior management positions such as Director – Insight & Customer Strategy, Oracle, United Kingdom, Associate Director, Head of Engineering and Construction, WEF, Switzerland, Global Strategist, Samsung Global Strategy Group.
Placement Highlights
- Ninety percent of the class changed function, industry or geography.
- 73% changed two or more dimensions of their career and 39% changed all three dimension.
- The average salary works out to be $ 127,744 (€ 96,104), Median $ 129,976 (€ 98,000)
- The average sign on bonus this year was $ 21,011 (€ 15,000)
- Percentage of students that received a sign on bonus: 63%
- The key sectors graduates got jobs in were: Industry (69%), Manufacturing (23%), Technology/Media (20%), Consumer Products (12%), Pharmaceutical/Healthcare (7%), Petroleum/Energy (4%)Consulting 21% and Financial Services (10%).
IMD 2014 MBA Placement Report in detail
IMD MBA Class of 2014 – Class Profile
Class Enrollment | 90 |
Countries Represented | 40 |
Average Age | 31 years |
Average Work Experience | 7 years |
Minimum Age | 25 years |
Minimum Work Experience | 3 years |
Percentage of Women | 26% |
Percentage of Participants With At least 6 Months Experience Abroad | 96% |
Geographic Location | Percentage of Students |
Western and Southern Europe | 33% |
Asia | 24% |
Central and Eastern Europe | 13% |
Middle East/ Africa | 9% |
North America | 8% |
South America | 8% |
Nordic Countries | 3% |
Oceania | 2% |