MBA Graduates 2014 - 2015

2015 Employment Statistics

A World of Talent

2
3
Contents

From the Director 02

A World of Talent 04
Profile of 2014 - 2015 INSEAD MBA Graduates 07

Full-time Jobs and Compensation Trends 08

Job Locations 10
Career Changes 12
Compensation Trends by Region and Country 14
Consulting 16
Financial Services 19
Technology, Media & Telecommunications (TMT) 22
Corporate Sectors (excluding TMT) 26
Entrepreneurship 31

Summer Internships and Compensation Trends 32

Monthly Base Salaries 33

Employers of 2014 - 2015 INSEAD MBA graduates 35

Top Employers 35
The Corporate Associate Programme 35
Prominent INSEAD Alumni 36

Working with The Career Development Centre 37

List of Recruiting Companies 41

Glossary of Countries By Region 50


From the Director
90% of our 2014 - 2015
graduates reported
employment 3
months after
graduation
The academic year 2014 - 2015 has been
a successful one for INSEAD MBA students,
with 90% securing employment within 3 months
of graduation. This is a remarkable figure
for our unique, global ten-month programme.
Through our strong network of global recruiters,
combined with a unique career development
curriculum, our students found jobs with 293
different employers in 57 different countries.
As a true testament to the lifelong value of
an INSEAD education, in September 2015,
Forbes ranked our MBA as the
02
Top International One -Year Programme[1] with the
highest return on investment of any MBA programme
world-wide. This means that INSEADs MBA class of
2010 paid for their degree in just 2.4 years.
The Forbes results reiterate what we have always
known: INSEADs emphasis on diversity and a global
mindset, coupled with consistent academic excellence
and constantly improving career development services,
is the best formula to ensure the success of our
graduates globally.
At the same time, INSEADs ecosystem for
entrepreneurship continues to grow as more
of our students pursue entrepreneurial paths.
We pride ourselves in having students who are willing
to experiment and innovate, and are ready to take risks
and manage the results of their actions. With this
in mind, we are happy to announce that INSEAD has
been ranked as the top European school for producing
venture capital-based entrepreneurs. Specifically,
INSEADs MBA programme produced entrepreneurs
who garnered the most Venture Capital funds across
all European business schools at US$ 1.9 billion.[2]
The total amount raised by INSEAD entrepreneurs
is comparable to the total amount of capital raised
by entrepreneurs from the remaining 9 European
business schools on the Top 10 list.
Our alumni are very successful as well, with
INSEAD being the top producer of CEO talent in
the largest public firms in Europe, having graduated
12 CEOs across Europe as well as 9 CEOs in the global
Fortune 500 companies[3]. Today, we also see INSEADs
alumni taking up key positions in governments around
the world, bearing testament to INSEADs mission
to develop responsible, thoughtful leaders
and entrepreneurs who create value for their
organisations and communities.
2015 has been a year of significant change for our
Career Development Centre (CDC), with INSEAD
heavily investing in the development of a new
and stronger organisation to better market, develop
and connect its talent. The CDC leadership team has
been strengthened. A new position of Director of the
Europe campus has been created and filled. Our offices
have been completely refurbished to offer recruiters,
students and alumni an unparalleled experience.
We are also proud to announce that every student
is now allocated a personal Career Advisor to support
them through their entire career journey all the way
from admissions until they land a job upon graduation.
This, together with an expanded and highly-focused
team of Employer Engagement specialists based
in the Europe, Asia and the Middle East campuses,
will ensure that our students develop to their fullest
potential to leverage the increased career opportunities
offered to them across the globe.
This year, we have decided to make a few changes
to our employment statistics brochure:
Starting with this report, we will publish statistics
in December to bring us in line with peer schools.
This report is therefore based on the employment
status of MBA students graduating in the December
2014 and July 2015 classes - students seeking
employment in the 2015 academic year. This means
that the salary data for the December 2014 class
have been used both in this report as well as
the previous one.
Salary data is now reported in US$, converted
from local currencies using average exchange rates
between December 2014 and September 2015,
which coincide with the period during which
employment data has been collected, starting
from the graduation date of the first class
[1]
Forbes, 5 September 2015, http://www.forbes.com/sites/christinasettimi/2015/09/09/insead-ranks-as-the-top-international-one-year-mba-program/
[2]
PitchBook University Report 2015-2016 Edition. INSEAD tops Europe MBA Schools for most amount of capital raised at US$ 1.936 billion;
[3]
Business Insider, 12 June 2015, http://poetsandquants.com/2015/06/12/insead-wins-european-ceo-race/
(December 2014) up till 3 months post-
graduation of the second class (July 2015).
We are confident that this will provide
a better sense of the compensation levels
of our students given that the US$ remains
the currency of reference for most recruiters
and top business schools. As a result of the
change in reporting currencies (from Euro
to US$), the corresponding Annual Median
Base Salary for the students covered by this
report has decreased to US$107,100, from
US$115,100 in our last report, mainly as
the result of a depreciating Euro.
We have changed the graphic design
and included images of several alumni who
have attained great heights in their careers.
While the employment statistics provide
a quantitative picture of the global job market,
these photos add the emotional dimension.
They show that the dream that brought our
participants to INSEAD does come true when
talent, determination and great learning meet.
I would like to take this opportunity to thank
our recruiters and alumni for their support
and confidence. Together, we will transform
the future of global business.
Dr. Guido Gianasso
Global Director,
Career Development Centre
INSEAD
03
A World of Talent

Leadership positions in major Our campuses in Europe, Asia

international rankings and Middle East provide graduates
with a global perspective

#1 International One-Year MBA Program

and highest return on investment of any
MBA programme in the world in 2015 average GMAT Score
(2014 - 2015)

#1 according to employers and

Academics in Asia of participants transfer
between campuses at
least once during the year

#2 in total number of Fortune 500 CEOs

who are INSEAD Alumni

total participants make up

the top five nationalities.

#3 in the International Full Time

MBA 2015 ranking

or less of total destinations make

up the top five job destinations
#4 (joint with Stanford) in the
Global MBA rankings in 2015

minimum
#8 in Global Full Time MBA 2015
ranking and ranked 3 globally for languages participants
potential to network speak on graduation

04
Tidjane Thiam
MBA88J
CEO, Credit Suisse AG
(Since 2015)

05
Major-General Perry Lim
MBA09J
Chief of Defence Force,
Singapore Armed Forces
(Since 2015)

06
Profile of 2014 - 2015
INSEAD MBA Graduates
Total MBA
graduates 1003
Gender
Female 31%
Male 69%
Nationality
Northern / 32%
Southern /
Western Europe
Asia Pacific 30%
North America 15%
Central / 8%
Eastern Europe
Latin America 6%
Middle East 6%
Africa 3%
* includes: Education, Marketing & Publishing,
Transportation, Travel/Leisure Services
Average
Age 29 Years
Age
< 26 years 5%
26 - 28 years 38%
29 31 years 40%
> 31 years 17%
Education
Business / 34%
Administration
Engineering 25%
Economics 11%
Sciences 10%
Law / Political 7%
Sciences
Humanities & Arts 6%
Media & 1%
Communication
Other 6%
Average Work
Experience 5.5 Years
Work Experience
1 2 years 2%
3 5 years 52%
6 7 years 29%
> 7 years 17%
Pre-MBA
Sector
Consulting 29%
Financial Services 25%
Technology, Media & 7%
Telecommunications
Retail, Consumer 6%
and Luxury Goods
Energy 5%
Healthcare 4%
Primary Industries 3%
Public Sector / 3%
Social Impact
Manufacturing / 3%
Conglomerates
Corporate Services 3%
Construction 3%
Other* 9%
07
Full-time Jobs and
Compensation Trends

Participants 98% responded Reported not Graduates actively

completed INSEAD to the 2015 having started looking for a job
MBA programme in employment their job search
Dec 2014 & Jul 2015 statistics survey

85% reported 84% gave us 90% reported having received at least one job
full salary details of their offer 3 months after their graduation date
information career decision

Students pursued summer internships and full-time roles

in the Social Impact field across all sectors (Consulting,
Financial Services, Corporate Sectors and TMT*)

Note: MBA students can benefit from the INSEAD Social Stipend and
Loan Forgiveness Award programmes if they accept employment
with an organisation registered as a not-for-profit organisation, NGO,
public sector organisation, for-profit social venture, or social investment firm.

* TMT stands for Technology, Media & Telecommunications.

How did they find their job?

54% 13% 6% 20% 7%

Career Development Centre / Alumni Network Own contacts Creating own company
Pre-INSEAD employer Summer Job*
* Summer job only open to the December class

08
 2014 - 2015 Jobs by Sector Group
* See page 22 and 26 for details of Sub-Sectors
2014 - 2015 Jobs by Function
** includes: Art/Creative, Fundraising, Human Resource Other** 2%
Management, Legal, Logistics & Purchasing, Medical,
Research & Development, Specialised Services,
Writing/Editing
Consulting 43%
Financial Services 15%
Technology, Media &
Telecommunications*
E-Commerce / Internet 12%
Information Technology / 7%
Telecommunications
Media / Entertainment / 2%
Advertising
Corporate Sectors*
Manufacturing / Conglomerates 5%
Retail / Consumer 5%
& Luxury Goods
Energy 3%
Healthcare 2%
Corporate Services 1%
Education 1%
Primary Industries 1%
Public Sector / Social Impact 1%
Transportation / Logistics 1%
Travel / Leisure Services 1%
Consulting 44%
Finance 15%
General Management 11%
Corporate Planning / 8%
Business Development
Marketing / Sales 7%
Leadership Development Programmes 7%
Project Management 3%
Production / Operations Management 2%
Technology Management 1%
09
Job Locations

57 countries of employment post-graduation

Western Europe

34% Central / Eastern Europe

North America Northern Europe

3%
12% 2%

Asia Pacific

Latin America
Southern Europe 28%
5% 6%
Africa / Near / Middle East

10%
No single country accounted for more than 16% of jobs accepted

10
Ngoc-Tu Thuy Ngo
MBA14J
Co-Founder &
Board of Directors, Yola

11
Career Changes

An Appetite for Change Changes of Business Sector

Before INSEAD

Former Consultants

8%

changed sector or 16%

country or function
8%
69%

Former Financial Services Professionals

changed all 3 dimensions 11.5%
27%

20%

41.5%

changed country
Former TMT* Professionals

19% 34%

2%
45%

changed sector

Former Corporate Sectors Professionals

39% 37%

changed function 6%
18%

After INSEAD
Consulting TMT*
Financial Services Corporate Sectors

* TMT stands for Technology, Media & Telecommunications.

12
Region or country changes Nationalities: who stays home and who goes abroad*

Total: 821 Regions # Home Abroad

Central / Eastern Europe 64 38% 62%

North America 117 43% 57%

Southern Europe 79 57% 43%

Africa / Near / Middle East 66 61% 39%

Asia Pacific 251 65% 35%

Latin America 51 69% 31%

Northern Europe 13 69% 31%

Western Europe 180 73% 27%

Within selected nationalities** Nationalities # Home Abroad

Indian 97 22% 78%

Canadian 40 30% 70%

Belgian 10 30% 70%

French 56 30% 70%

Australian 14 36% 64%

Lebanese 21 38% 62%

Israeli 10 40% 60%

Italian 19 42% 58%

American 77 44% 56%

Korean 11 45% 55%

Russian 29 48% 52%

Chinese 44 50% 50%

Portuguese 20 50% 50%

Swiss 16 50% 50%

Japanese 10 50% 50%

German 27 56% 44%

Dutch 27 63% 37%

Brazilian 29 66% 34%

Turkish 12 67% 33%

British 36 69% 31%

* includes nationalities with more
than 10 participants Spanish 23 70% 30%
** For the list of countries per region,
please refer to pages 50 and 51 Singaporean 33 79% 21%

13
Compensation Trends
by Country

Overall Annual Overall Annual Overall Median Overall Median

Mean Salary Median Salary Sign-on Bonus* Performance Bonus*

US$105,700 US$107,100 US$23,000 US$22,500

* 64% of salaries overall reported with sign-on bonus and 73% with performance bonus

By country in # Range Mean Median Median Median

local currency* Sign-on Performance
Bonus** Bonus**

Australia (A$) 13 115,000-225,000 154,000 148,500 30,000 30,000

Belgium () 8 65,000-110,000 89,600 90,000 - 17,500
Brazil (Real) 23 173,000-500,000 266,300 250,000 75,000 87,500
Canada (C$) 14 85,000-165,000 126,600 130,500 23,000 32,500
China (RMB) 25 360,000-913,000 680,300 700,000 123,250 161,000
France () 32 36,000-105,000 78,400 80,000 10,000 15,000
Germany () 31 55,000-125,000 92,100 95,000 20,000 17,500
Hong Kong (HK$) 5 600,000-1,162,900 920,200 944,000 - -
India (Rupee) 15 2,000,000-6,338,100 3,958,300 3,400,000 600,000 650,000
Ireland () 6 36,000-95,000 65,500 66,000 10,000 24,000
Italy () 9 60,000-79,000 72,800 75,000 20,000 15,000
Japan () 9 6,000,000-14,950,000 10,409,100 10,750,600 2,000,000 3,000,000
Korea (Won) 12 78,473,100-167,960,500 121,100,400 123,200,300 44,800,200 22,400,600
Malaysia (Ringgit) 11 110,500-359,100 287,200 323,300 55,300 133,500
Mexico (MXN) 5 1,200,000-2,780,800 1,707,000 1,500,300 - 300,000
Norway (Krone) 12 740,000-1,016,500 912,100 930,000 213,000 185,300
Peru (Sol) 5 232,000658,100 418,100 415,700 - -
Portugal () 10 42,00080,000 62,700 65,000 11,500 14,000
Russia (Ruble) 15 3,850,0009,337,400 6,530,000 6,300,100 1,700,400 2,100,300
Singapore (S$) 79 65,200244,400 136,900 140,000 22,650 35,000
South Africa (Rand) 6 775,000970,000 881,700 920,000 280,000 115,000
Spain () 20 50,000102,800 78,200 79,000 20,000 16,500
Switzerland (CHF) 19 96,900153,000 132,600 135,000 25,000 22,500
The Netherlands () 27 60,000124,400 88,300 90,000 15,000 15,000
Turkey (Lira) 6 100,000294,900 184,700 192,100 - -
UAE (Dirham) 42 145,000720,000 478,300 477,400 100,000 110,200
United Kigdom () 111 35,000133,000 76,700 75,000 20,000 19,300
USA (US$) 69 60,000170,000 124,500 120,000 25,000 25,000
Total 639

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

14
By Region* # Range Mean Median Median Median
US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Africa / Near / Middle East 68 23,900-200,000 115,800 129,600 27,100 26,950

Asia Pacific 178 23,300-180,000 98,500 99,800 18,400 22,300
Central / Eastern Europe 22 50,500-157,800 100,400 104,800 28,200 31,600
Latin America 36 56,400-190,000 95,400 87,700 19,800 27,700
North America 83 60,000-170,000 120,700 120,000 25,000 25,000
Northern Europe 17 74,200-134,600 113,300 114,800 24,600 21,300
Southern Europe 47 38,400-115,900 80,000 84,500 22,500 18,000
Western Europe 244 40,600-204,200 109,400 112,100 23,000 23,000
Total 695

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

How salaries have evolved with selected countries: Comparison over 5 years in local currency (median salary)

2014 - 2015 2014 2013 2012 2011

Brazil (Real) 250,000 230,000 230,000 227,00 220,300

France () 80,000 80,000 82,800 85,000 85,000
Germany () 95,000 95,000 96,000 90,600 95,000
Singapore (S$) 140,000 145,000 120,000 135,000 142,000
Switzerland (CHF) 135,000 135,000 126,000 136,000 135,000
United Kingdom () 75,000 75,000 73,000 74,000 73,000
USA (US$) 120,000 128,000 130,000 122,000 125,000

Exchange Rates*

Currency per US$ Currency per US$ Currency per US$

Australia (A$) 0.7696 Japan () 0.0083 Singapore (S$) 0.7363

Brazil (Real) 0.3261
Canada (C$) 0.8025
China (RMB) 0.1618
Eurozone () 1.1273
Hong Kong (HK$) 0.1290
India (Rupee) 0.0157
Korea (Won) 0.0009
Malaysia (Ringgit) 0.2678
Mexico (MXN) 0.0648
Norway (Krone) 0.1276
Peru (Sol) 0.3168
Russia (Ruble) 0.0170
South Africa (Rand) 0.0822
Switzerland (CHF) 1.0473
Turkey (Lira) 0.3836
UAE (Dirham) 0.2722
United Kingdom () 1.5354
USA (US$) 1.0000

* Source: Oanda.com average exchange rate 01/12/2014 30/09/2015 from graduation date of 1st class (December 2014)
up till 3 months out post-graduation of 2nd class (July2015)

15
Consulting

By Region
Within
Asia Pacific Within Africa /
Near / Middle East
Western Europe 31% Singapore 33%
Asia Pacific 22% China 18% United Arab Emirates 72%
Africa / Near / 14% Australia 17% South Africa 14%
Middle East Malaysia 10% Other** 14%
North America 11% India 8%
Southern Europe 9% Other* 14%
Central / 5%
Eastern Europe
* includes countries where fewer ** includes countries where fewer
than 5 jobs were reported: than 5 jobs were reported:
Latin America 5% Hong Kong, Indonesia, Japan, Israel, Lebanon and Morocco.
Korea and Thailand.
Northern Europe 3%

Within Europe
United Kingdom 28%
Germany 12%
The Netherlands 10%
Spain 9%
Russia 7%
Switzerland 6%
France 5%
Norway 5%
Belgium 3%
Italy 3%
Portugal 3%
Other* 9%

* includes countries where fewer than 5 jobs were reported: Austria, Croatia,
Czech Republic, Greece, Hungary, Poland, Romania, Sweden and Turkey.

How did they find their job?

57% 4% 1% 32% 6%

Career Development Centre / Alumni Network Own contacts Creating own company
Pre-INSEAD employer Summer Job*
* Summer job only open to the December class

16
Consulting Salaries and Bonuses

Overall Annual Overall Annual Overall Median Overall Median

Mean Salary Median Salary Sign-on Bonus* Performance Bonus*

US$111,600 US$113,600 US$23,900 US$25,000

* 74% of consulting salaries were reported with sign-on bonus and 81% with performance bonus

By Region* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Africa / Near / Middle East 48 63,700160,000 122,400 130,000 27,200 28,600

Asia Pacific 67 41,000-173,200 108,000 114,900 19,200 32,400
Central / Eastern Europe 15 56,400140,000 102,300 104,800 28,700 31,600
Latin America 16 75,000115,000 86,700 84,000 19,800 25,800
North America 33 68,200170,000 132,500 140,000 28,100 25,600
Northern Europe 10 94,400129,700 111,000 106,000 24,600 27,100
Southern Europe 31 68,800115,900 86,600 88,800 22,500 19,200
Western Europe 101 67,600181,900 145,000 115,200 23,000 24,600
Total 321

Within Selected Countries* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Australia 12 88,500-173,200 115,900 111,600 23,100 23,100

Brazil 11 75,000-115,000 85,700 84,000 21,200 27,700
Canada 8 68,200-132,400 109,900 112,400 18,500 24,100
China 11 97,100-147,700 131,800 134,300 22,700 37,200
France 8 90,200109,900 97,200 95,800 28,200 16,900
Germany 17 75,500120,600 105,300 107,100 22,500 28,200
Italy 6 78,90089,100 85,600 88,800 - 19,700
India 6 41,000100,000 55,900 48,700 - 10,000
Malaysia 7 81,70096,000 88,800 91,100 14,800 36,500
Norway 8 94,400129,700 113,500 111,000 27,200 22,600
Portugal 5 71,00090,200 77,300 73,300 - 16,900
Russia 10 101,500-140,000 110,800 107,100 28,700 36,100
Singapore 21 55,200121,500 111,700 114,900 16,700 42,700
South Africa 6 63,70079,700 72,500 75,600 23,000 9,500
Spain 15 84,500-115,900 92,800 90,200 22,500 22,500
Switzerland 8 136,100-160,200 147,400 146,600 - 31,400
The Netherlands 17 67,600140,200 101,450 101,500 22,500 18,000
United Arab Emirates 37 100,800-160,000 132,900 130,000 27,200 30,000
United Kingdom 45 88,300181,900 122,400 119,800 23,000 25,200
USA 25 100,000-170,000 139,700 140,000 35,000 26,300
Total 283

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported
17
Vivian Bertseka
MBA11J
Director,
Generation Investment
Management (Since 2011)

18
Financial Services

By Region Within Europe Within Asia Pacific

Western Europe 47%
Asia Pacific 25%
North America 11%
Latin America 7%
Africa / Near / 5%
Middle East
Central / 2%
Eastern Europe
Southern Europe 2%
Northern Europe 1%
United Kingdom 63% Singapore 44%
Switzerland 11% Hong Kong 12%
France 6% Other** 44%
Germany 6%
Other* 14%
* includes countries where ** includes countries where
fewer than 5 jobs were reported: fewer than 5 jobs were reported:
Georgia, Italy, Norway, Portugal, Australia, China, India, Japan,
Russia and The Netherlands. Korea, Malaysia and Philippines.

By Sub-Sector By Top Job Title

Investment Banking / Sales & Trading 33% Associate 52%
Private Equity / Venture Capital 20% Vice President / Director 18%
Investment Management / Hedge Funds 17% Manager / Consultant 15%

Insurance 8%
Real Estate 8%
Other Financial Services 14%
Analyst 5%
(Investment Management)
Other 10%

How did they find their job?

34% 28% 6% 13% 18%

Career Development Centre / Alumni Network Own contacts Creating own company
Pre-INSEAD employer Summer Job*
* Summer job only open to the December class

19
Financial Services Salaries and Bonuses

Overall Annual Overall Annual Overall Median Overall Median

Mean Salary Median Salary Sign-on Bonus* Performance Bonus*

US$113,200 US$114,900 US$31,400 US$48,500

* 48% of financial services salaries were reported with sign-on bonus and 60% with performance bonus

By Sub-Sector* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Insurance 7 48,200145,900 104,000 99,800 - -

Investment Banking / Sales & Trading 36 70,600184,200 122,300 122,800 41,900 58,000
Investment Management / Hedge Funds 17 70,100196,000 118,600 110,000 22,500 56,900
Private Equity / Venture Capital 17 56,400204,200 112,500 100,000 7,700 68,000
Real Estate 8 81,200163,100 119,600 113,200 - -
Other Financial Services 16 23,900156,100 88,600 88,700 28,000 21,100
Total 101

By Top Job Title* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Analyst (Investment Management) 5 99,800150,000 117,500 110,000 - 75,200

Associate 49 65,200204,200 119,800 117,800 35,600 57,000
Manager / Consultant 16 48,200149,900 94,800 96,100 30,700 18,400
Vice President / Director 21 50,500175,000 121,900 127,600 21,800 56,200
Other 8 23,900145,900 89,500 85,600 - -
Total 96

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

20
By Region* # Range Mean Median Median Median
US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Asia Pacific 22 48,200156,100 105,900 105,000 21,200 27,400

Latin America 7 56,400163,100 101,800 95,800 - 51,500
North America 13 80,300150,000 116,300 120,000 25,000 73,300
Western Europe 49 70,100204,200 120,700 116,700 35,100 49,100
Total 92

Within Europe* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Switzerland 6 125,700157,100 137,000 128,300 - -

United Kingdom 35 70,100204,200 122,500 116,700 38,400 61,400
Total 41

Within Asia Pacific* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Singapore 11 54,800156,100 106,900 110,000 - 27,400

Total 11

Within North America* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

USA 9 91,000150,000 127,300 130,000 25,000 70,000

Total 9

Within Latin America* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Brazil 5 56,400163,100 99,600 95,800 - -

Total 5

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

21
Technology, Media & Telecommunications

By Sub-Sector

E-Commerce / Internet* 56%
Information Technology / 36%
Telecommunications**
Media / Entertainment / 8%
Advertising

* includes: online travel, online fashion,

online retail, online food delivery,
collaborative economy, social media,
payments and online services
** includes computer software, hardware,
consumer electronics, semiconductors

By Function

Leadership Development Programmes 22%
Marketing / Sales 19.5%
General Management 18%
Corporate Planning / 11%
Business Development
Finance 7.5%
Production / Operations Management 6%
Project Management 6%
Technology Management 4%
Consulting 2%
Logistics Purchasing 2%
Other 2%

How did they find their job?

67% 15% 10% 2% 6%

Career Development Centre / Alumni Network Own contacts Creating own company
Pre-INSEAD employer Summer Job*
* Summer job only open to the December class

22
By Region
Western Europe 36%
Asia Pacific 29%
North America 18%
Africa / Near / 5%
Middle East
Southern Europe 5%
Latin America 3%
* includes countries where fewer ** includes countries where fewer
Central / 2%
Eastern Europe
Northern Europe 2%
Within Asia Pacific
Singapore 57%
India 16%
China 10%
Other* 17%
than 5 jobs were reported:
Indonesia, Japan, Korea, Malaysia, Italy, Norway, Portugal, Russia,
Myanmar and Philippines.
Within Europe
United Kingdom 33%
France 14%
Germany 9%
Luxembourg 9%
Ireland 8%
Other** 27%
than 5 jobs were reported: Belgium,
Spain, Sweden, Switzerland,
The Netherlands and Turkey.

Company Size
1 - 500

25%

By Company Size By Company Size 1-500

(No. of Employees)
1 - 500 25%
501 - 1,000 12%
1,001 - 5,000 12%
5,001 - 10,000 3%
>10,000 48%
(No. of Employees)
201 - 500 30%
51 - 200 21%
11 - 50 7%
1-10 42%

23
Technology, Media & Telecommunications
Salaries and Bonuses

Overall Annual Overall Annual Overall Median Overall Median

Mean Salary Median Salary Sign-on Bonus* Performance Bonus*

US$96,000 US$97,200 US$18,800 US$20,000

* 68% of Technology, Media & Telecommunications salaries were reported with sign-on bonus and 63% with performance bonus

By Top Function* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Corporate Planning / 18 56,500 130,000 101,000 101,500 12,900 20,000

Business Development
Finance 11 62,000120,000 88,100 90,000 18,000 15,700
General Management 15 40,800140,000 91,300 90,700 - 20,000
Marketing / Sales 32 56,400136,100 91,000 86,800 11,300 22,400
Production / Operations Management 6 73,300140,900 94,700 84,700 - -
Project Management 10 47,300120,000 88,100 86,500 15,000 16,500
Leadership Development Programmes 38 84,500130,000 106,200 111,000 34,700 20,000
Technology Management 5 96,400122,500 112,800 115,200 25,000 -
Total 135

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

24
By Sub-Sector* # Range Mean Median Median Median
US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

E-Commerce / Internet 80 29,600140,000 93,200 95,800 22,500 20,000

Information Technology / 56 40,600140,000 99,300 99,600 18,400 20,000
Telecommunications
Media / Entertainment / Advertising 11 47,300140,900 100,200 110,000 13,000 16,500
Total 147

See page 22 for details of Sub-Sectors

By Region* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Africa / Near / Middle East 7 70,000130,700 97,900 100,000 - 20,000

Asia Pacific 36 29,600118,400 82,400 84,700 12,900 16,200
Latin America 5 62,600140,000 98,200 96,000 - -
North America 29 72,200140,000 112,100 110,000 25,000 20,000
Southern Europe 7 38,40084,500 71,400 81,300 16,900 -
Western Europe 57 40,600140,900 98,400 99,800 26,100 23,000
Total 141

Within Europe* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

France 8 56,400101,500 78,800 76,700 11,300 29,300

Germany 7 62,000140,900 103,100 107,100 25,400 16,900
Ireland 6 40,600107,100 73,800 74,400 11,300 27,100
United Kingdom 24 84,400122,800 110,700 112,100 46,100 21,500
Total 45

Within Asia Pacific* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Singapore 21 61,800-118,400 87,600 84,700 16,600 15,500

Total 21

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

25
Corporate Sectors
(excluding Technology, Media & Telecommunications)

By Sub-Sector

Manufacturing / Conglomerates* 25%
Retail / Consumer & Luxury Goods 23%
Energy 12%
Healthcare 10%
Education 6%
Public Sector / Social Impact 6%
Corporate Services 5%
Primary Industries** 5%
Transportation / Logistics 5%
Travel / Leisure Services 3%

* Includes Automotive, Building Materials,

Construction, Electrical/Electronic Manufacturing,
Mechanical or Industrial Engineering
** Includes Chemicals, Mining & Metal,
Agribusiness, Food & Beverage Production

By Function

Corporate Planning / 24%
Business Development
General Management 24%
Marketing / Sales 15%
Leadership Development Programmes 11%
Finance 8%
Consulting 5%
Project Management 5%
Production / Operations Management 3%
Research and Development 2%
Other 3%

How did they find their job?

47% 17% 14% 19% 3%

Career Development Centre / Alumni Network Own contacts Creating own company
Pre-INSEAD employer Summer Job*
* Summer job only open to to the December class

26
By Region
Asia Pacific 43%
Western Europe 29%
North America 8%
Africa / Near / 7%
Middle East
Latin America 6%
Southern Europe 4.5%
* includes countries where fewer ** includes countries where fewer
Northern Europe 2%
Central / 0.5%
Eastern Europe
Within
Asia Pacific Within Europe
Singapore 51% France 24%
China 12% United Kingdom 19%
Korea 11% Germany 13%
Other* 26% The Netherlands 10%
Switzerland 8%
Other** 26%
than 5 jobs were reported: Hong than 5 jobs were reported: Belgium,
Kong, India, Indonesia, Japan, Denmark, Italy, Liechtenstein,
Malaysia, Pakistan, Philippines, Norway, Portugal, Russia, Spain,
Sri Lanka, Thailand and Vietnam. and Turkey.

Company Size
1 - 500

27%

By Company Size By Company Size 1-500

(No. of Employees) (No. of Employees)

1 - 500 27% 201 - 500 22%
501 - 1,000 5% 51 - 200 17%
1,001 - 5,000 6% 11 - 50 7%
5,001 - 10,000 8% 1-10 54%
>10,000 54%

27
Corporate Sectors Salaries and Bonuses
(excluding Technology, Media & Telecommunications)

Overall Annual Overall Annual Overall Median Overall Median

Mean Salary Median Salary Sign-on Bonus* Performance Bonus*

US$95,800 US$96,100 US$16,900 US$17,100

* 45% of corporate sectors salaries (excluding TMT) were reported with sign-on bonus and 76% with performance bonus

By Sub-Sector* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Corporate Services 6 73,700125,200 99,000 95,100 - -

Education 7 48,000 117,800 90,200 100,000 10,500 -
Energy 17 53,700 200,000 101,100 100,000 20,500 17,300
Healthcare 14 58,200157,100 101,700 101,900 15,400 15,800
Manufacturing / Conglomerates 34 40,600180,400 98,900 107,200 20,000 17,200
Primary Industries 7 90,200-180,000 115,200 101,500 - 22,500
Public Sector / Social Impact 7 23,300117,800 65,100 60,000 - 36,800
Retail / Consumer & Luxury Goods 25 31,400134,600 87,300 86,600 22,100 14,000
Transportation / Logistics 6 78,900190,000 99,900 84,500 - 26,700
Total 123

See page 26 for details of Sub-Sectors

By Top Function* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Consulting 7 56,400123,000 87,200 76,100 - 17,300

Corporate Planning / 35 23,300180,400 98,900 100,000 27,600 22,000
Business Development
Finance 8 56,400180,000 99,400 98,500 - 26,000
General Management 19 47,100200,000 99,400 95,800 - 23,600
Leadership Development Programmes 19 67,600128,000 100,500 106,700 16,600 12,500
Marketing / Sales 20 31,400139,900 94,300 97,000 13,500 16,000
Project Management 8 41,400104,300 78,100 80,000 - -
Total 116

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

28
By Region* # Range Mean Median Median Median
US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

Africa / Near / Middle East 9 60,000200,000 100,200 80,000 - -

Asia Pacific 53 23,300180,000 94,200 97,100 22,300 19,300
Latin America 8 61,600190,000 105,400 79,900 - 30,500
North America 8 60,000128,000 109,800 117,500 - 20,000
Southern Europe 7 41,40075,000 60,500 56,400 - 10,100
Western Europe 37 40,600157,100 96,400 94,700 15,400 14,100
Total 122

Within Europe* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

France 13 40,600118,400 87,900 90,200 11,300 11,300

The Netherlands 5 84,500112,700 98,200 94,700 - -
United Kingdom 7 53,700134,300 87,800 76,800 - 15,000
Total 25

Within Asia Pacific* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

China 9 58,200-118,400 93,600 97,100 13,300 13,300

Singapore 26 48,000180,000 101,300 101,600 22,700 22,700
Total 35

Within North America* # Range Mean Median Median Median

US$ US$ US$ Sign-on Performance
Bonus US$** Bonus US$**

USA 7 60,000 128,000 110,600 120,000 - 20,000

Total 7

* where at least 5 salaries were reported

** where at least 5 sign-on bonuses or performance bonuses were reported

29
Frederic Mazzella
MBA07D
Co-Founder & CEO,
BlaBlaCar

30
Entrepreneurship
6% of the 2014 - 2015 graduates are entrepreneurs
By Type
of Company Created
Startup 64%
Returning to own 17%
Venture
Joining a New Venture 11%
as a Partner / Executive /
Employee
Aquiring a Company 6%
Social Venture 2%
By Region
By Partnership
Asia Pacific 42% INSEAD Partner 59%
Western Europe 27% Outside Contract 25%
North America 15% Other 16%
Africa / Near / 6%
Middle East
Latin America 6%
Southern Europe 4%
By Sector
Technology, Media &
Telecommunications
E-Commerce / Internet 17%
Information Technology / 11%
Telecommunications
Media / Entertainment / 4%
Advertising
Corporate Sectors
Retail / Consumer 15%
& Luxury Goods
Education 6%
Energy 6%
Corporate Services 4%
Healthcare 4%
Transportation / Logistics 4%
Travel / Leisure Services 4%
Manufacturing / Conglomerates 2%
Financial Services 13%
Consulting 10%
31
Summer Internships / Projects
62% of our December 2015 class did a summer internship / project

By Sector

Total: 321 * includes: Construction, Marketing & Publishing, Real Estate

18%
17%

9%
8%
7% 7%
6%
5%
4% 4%
3%
2% 2% 2%
1% 1% 1% 1% 1% 1%

t / l t n y s
ng ne in
g
ar
e
gy ita ood
s ds es ac te
s es tio s
ie erg ce in
g ic es r*
lti er rad thc olo ions ap un rvic Imp era vic ca tr an tis gist vic the
ns
u
I n t T a l n t C y G
e
F
S e l m S e r
d u d us En sur er Lo S er O
h a e r g a E n v
Co ce / s & He ec nic tur uxu d l
ia Soc
i lo te yI
n I Ad n / ur
e
e T He nc ng ra ar t/ tio
er al n u en L
t / ina or / Co rpo is
m /S t io mm / V r & n / o r im en rta / Le
m a co ty me F t
Co in
g
rm le qui
e
er ec rin
g C P nm spo l
m
su age Oth lic S ctu ai ve
E- ank fo e
In T te E on
rt an Tra
B a n b fa n te Tr
en
t iva /C tM Pu u /E
Pr tail an ia
st
m en M
e R e
t m ed
v s M
In ve
In

By Region

Within Europe Within

Asia Pacific

Western Europe 42% United Kingdom 49% Singapore 50%
Asia Pacific 36% France 15% China 18%
Africa / Near / 9% Luxembourg 11% India 7%
Middle East Hong Kong 5%
Germany 7%
North America 5% Australia 4%
Switzerland 3%
Latin America 3% Other** 16%
Other* 15%
Southern Europe 2.5%
Central / 2% * includes countries where fewer ** includes countries where fewer
than 5 jobs were reported: than 5 jobs were reported:
Eastern Europe
Austria, Belgium, Hungary, Indonesia, Japan, Korea,
Northern Europe 0.5% Italy, Norway, Poland, Portugal, Malaysia, Pakistan, Philippines,
Russia, Spain, The Netherlands Taiwan, and Thailand.
and Turkey.

32
Summer Internships / Projects
Monthly Salaries

Overall Monthly Overall Monthly

Mean Salary Median Salary

US$5,500 US$5,500

By Sector* # Range Median

US$ US$

Consulting 57 83013,300 8,500

Corporate Services 5 1,50017,100 1,700
E-Commerce / Internet 47 7258,000 5,000
Education 4 1,8004,000 2,000
Energy 4 1,0005,100 1,600
Healthcare 22 6006,700 4,800
Information Technology / Telecommunication 20 6008,800 2,500
Investment Management / Hedge Funds 13 90010,800 9,800
Investment Banking / Sales & Trading 28 1,30010,900 9,900
Manufacturing / Conglomerates 8 5009,000 2,900
Media / Entertainment / Advertising 4 1,5008,700 8,400
Other Finance 12 1,1008,700 3,700
Primary Industry 4 2,2003,200 2,800
Private Equity / Venture Capital 14 2208,300 3,900
Retail / Consumer & Luxury Goods 10 1,6007,200 3,700

By Country* # Range Median

US$ US$

Belgium 4 3,30011,100 8,500

Brazil 6 5,500-7,500 7,500
China 17 1,100-11,100 3,200
France 14 600-7,700 2,100
Germany 10 1,100-6,100 3,300
Hong Kong 6 3,000-8,500 4,500
India 4 1,100-2,800 2,300
Israel 4 5,000-5,750 5,300
Russia 4 7,200-13,300 9,500
Singapore 50 600-10,500 2,500
Spain 4 200-9,300 4,500
Switzerland 5 1,600-10,400 6,700
United Arab Emirates 9 1,000-10,800 8,200
United Kingdom 63 1,200-17,100 8,700
USA 16 1,000-8,800 5,100

* Where 4 or more salaries were reported

Exchange rate: Oanda, average for the period: 01/07/15 31/08/15

33
Nicolas Brusson
MBA07J
Co-Founder & COO,
BlaBlaCar

34
Top Employers of 2014 - 2015
INSEAD MBA Graduates
Top Employers 2014 - 2015
McKinsey & Company 102 (38)
The Boston Consulting Group 72 (20)
Bain & Company 52 (18)
Amazon 29
Accenture 24 (4)
Strategy& 24 (9)
A.T. Kearney 16 (5)
Apttus 14
Google 14
Microsoft 14
Uber 8
Apple 7
Deloitte 7 (4)
Partners in Performance 7
Roland Berger Strategy Consultants 7 (2)
Samsung GSG 7
Credit Suisse 6
Danaher 5
AIG Express 4
Citi 4
Numbers in brackets are former employees returning to the organisation after graduation.
INSEAD Corporate
Associate Programme*
INSEAD thanks our 2014 - 2015 corporate associates for their support!
Accenture
A.T. Kearney
Bain & Company
Citi
Deutsche Bank
Goldman Sachs
JP Morgan Chase
McKinsey & Company
* The INSEAD Corporate Associate Programme is our central point of contact for organisations who wish to partner with the school,
helping it to innovate and excel. It provides essential funding for innovative projects and join a leading group of organisations who
advance the schools mission.
Deutsche Bank 4 (1)
EF Education 4
Millward Brown Vermeer 4
Morgan Stanley 4
AlixPartners 3
Alvarez and Marsal 3 (1)
AstraZeneca 3
Booz Allen Hamilton 3
Intel 3
Johnson & Johnson 3
Jumia (AIG) 3
L.E.K. Consulting 3 (3)
Lazada 3
LOral 3
Nissan Motor Corporation 3
OC&C Strategy Consultants 3 (1)
Rocket Internet 3
Shell International 3 (1)
Wipro Technologies 3
Morgan Stanley
Novartis
Olayan Financing Company
Philip Morris International
Roland Berger Strategy Consultants
Strategy&
The Boston Consulting Group
WPP
35
Prominent INSEAD Alumni

Our distinguished alumni network includes Chairmen, CEOs and other senior leaders
at a large number of global organisations including:

Aberdeen Asset Management plc Marshall Wace LLP

Accenture McKinsey & Company
Admiral Group plc Ministry of Finance, Canada
Airbus SAS Morgan Stanley
Aon Group Naspers
Apax Partners LLP Neptune Oil & Gas
A.T. Kearney Novartis
Bain & Company Octapharma AG
Barry Callebaut AG Olayan Financing Company
BG Group plc Permira Advisers Ltd
Cable & Wireless Communications plc Philip Morris International
Caff Nero Group plc Power Corp of Canada
CIMB Bank Berhad, HK Branch Rabobank Nederland
Cipla Remy Cointreau
Citi Roland Berger Strategy Consultants
Clariant AG Rolls-Royce Power Systems AG
Credit Suisse AG Rothschild
Danfoss A/S Royal Caribbean Cruises Ltd
Darty Schlumberger Business Consulting
De Beers Group UK Ltd Shire Pharmaceuticals
Deutsche Bank Singapore Armed Forces
Essilor Socit Gnrale
Firmenich SA Sony Pictures Entertainment Inc
Galeries Lafayette SA Standard Chartered Bank
Gilt Groupe Strategy&
Goldman Sachs Tempur Sealy International Inc
GSK Tetra Laval Group
Indeed.com The Boston Consulting Group
InterContinental Hotels Group plc TransferWise
Investor AB UBS Investment Bank
Jardine Strategic UCB SA
Jones Lang LaSalle Inc Unilever
JP Morgan Securities Inc Varuma AG
Lhoist S.A. VimpelCom
Lloyds Banking Group plc World Economic Forum
LOccitane International WPP
Louis Delhaize

36
Working with the INSEAD
Career Development Centre
INSEAD Career
Development
Centre
is made up of more than
forty professionals based in:
Asia Campus, Singapore
Tel: +65 6799 7228
careers.sgp@insead.edu
Europe Campus, Fontainebleau
Tel: +33 (0)1 60 72 90 90
careers.fb@insead.edu
Abu Dhabi Campus, Abu Dhabi
Tel: +971 2 651 52 00
careers.me@insead.edu
Marketing Talent
Marketing students and alumni
to employers in the sectors
and geographies where they
want to work.
Developing Talent
Developing career skills so that students
and alumni can secure the right job on
graduation and for the rest of their career.
Connecting Talent
Connecting students and alumni with
the right opportunities through on-campus
recruitment initiatives, job boards, and CV
search as well as off-campus events.
37
The INSEAD MBA Students Career Development Journey
3 Steps Towards Success

Step 1 Step 2
Know Yourself Know The Market

Careers Kick-off

PERIOD PERIOD

1 CV Online Course 3 Career Vision 7 Career Design

Self-Assessment 4 Online Tools 8

Make a Career
2
Test Change
5
LinkedIn Profile
Reviews 9
The 2-Hour
Job Search
6
CV Groups and
Reviews 10 Sector Briefings

Develop Your Develop Your

Career Plan 1 Career Plan 2

Career Advisory Sessions (1-to-1)

38
 Step 3
Strategise and Execute

PERIOD PERIOD PERIOD

Countdown to
11 Sector Info Sessions 14 20 Salary Negotiation
Recruitment
12 Telling Your Story 15 Crack the Case
21 Sector Info Sessions

13 Job Search Stories Interview

16
Essentials

17 Cover Letter

18
Sector Info
Sessions

19 Mock Interviews
Validate Your
Career Path

Career Advisory Sessions (1-to-1)

39
Antonio Horta Osario
MBA91J
CEO,
Lloyds Banking Group

40
2014 - 2015 Recruiting Organisations
Organisations Name marked ^ are participants own company.
Organisations Name marked * participated in on-campus recruiting activities.

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
50 Partners* American Appraisal
A.T. Kearney* American Express*
AB InBev AMEX Export-Import GmbH
Abraaj Capital Limited* Amphenol*
AccelerAsia* Amsonic AG
Accenture* Analysys Mason*
AccerlerAsia AnonyMessenger^
Acumen Fund AOL
ADAMA Aon Hewitt*
Adcos Apax Partners
Aditya Birla* APEC
Admiral Group plc* Apis Partners
AdzCentral* AppDirect
AES Brazil Apple*
Affinity Equity Partners Apttus*
Africa Internet Holding* Aqua Capital
African Leadership Academy* Arbor Ventures
AgilOne* Ariston Thermo Group*
Agoda* Arma Partners*
AIG Express Arthur D. Little*
Akilli Tarife^ Ashoka*
Al Bonian Group Asiabridge Capital
Alcen Atmostat AstraZeneca
Aleph Capital* Atlas Copco
Alghanim Attestor Capital LLP
Algolia Atton Hoteles
AlixPartners* Audibene*
Allianz AutoGrid Systems
Allnex* Averda*
ALN Ventures AXA
Alvarez and Marsal Axial
Aman Foundation B2W Digital
Amazon* Babbel
AMCODEV (DRL)* BabyTravel^
Amcor Flexibles* Backstage^

41
2014 - 2015 Recruiting Organisations
Organisations Name marked ^ are participants own company.
Organisations Name marked * participated in on-campus recruiting activities.

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Bain & Company* BuzzHire
Bank of America Caixa Capital
Merrill Lynch* Cannybots^
Bank of Beirut Capillary Technologies
Barclays Capital* Capital Group*
BASF Cargill*
BC Partners Carmudi (AIG)
BearingPoint Carnet de Mode*
BeautyXBeast Carrier
Becton, Dickinson CarTrade.com
& Company*
Cathay Capital
Benefit Cosmetics
CBO Investment
Bertelsmann AG* Management
BHP Billiton CBRE Group
Bima* CDC Group
Bioserenity Celsa Group*
BitX* Chalhoub Group*
BlaBlaCar* Chappuis Halder*
BlackRock* Chevron
Blasting News* Chinook Capital Group^
Blue Ocean Strategy Christian Dior
BNP Paribas Christie's
Booking.com* Circles Asia*
Booster * Citi*
Booz Allen Hamilton* Clestra Hauserman
BoP HUB Clinton Health
Born Access Initiative*
Boston Scientific CME Group
Boyner Grup CNBC
BP Group* Cobham
Brain Commerce Cognita
Braintree Commercial
Brenmiller Energy International Bank

BRF - Brasil Foods* CONVAERO GmbH

BT Group Convexity Capital

Management
Burger King*
Corporate Executive Board*
Burning Glass Technologies

42
 Total: 580 organisations of which 206 hired
Summer Interns and 293 Full Time graduates

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Creador E.ON Inhouse Consulting*
Creative Robots Earnest
Credicorp Capital eBay*
Credit Ease* Edge Growth
Credit Suisse* Edgefolio
Crescent Group* EDP
Crossroads Partners Educate Global Fund*
Cummins Edwards Lifesciences
Curve EF Education*
Custora Eglinton Labs Pte. Ltd.^
CX Partners Eight Inc*
CXA Group Elephone
Dailymotion Eli Lilly*
Daimler Middle East Emerson*
& Levant FZE* Emunah Investimentos
Daiwa Capital Endeavor
Dalberg Global Enel Green Power
Development Advisors*
Energy Market Authority
Danaher*
Enerwhere
DataThink^
ENGIE / GDF Suez
DayBreakHotels*
E.ON
Deloitte*
Epoch Foundation
Delta Partners*
Equity International
Deutsche Bank *
Ericsson*
Dharma Life
Ericsson Management
DHL Consulting* Consulting*
Directv Essilor*
DJI Estee Lauder China
DNV GL Ethan Partners*
Doctena* European Bank for
Dong Energy* Reconstruction
Doosan and Development (EBRD)

Dow Chemicals* Eurosia*

DP World* Eventbrite*

DSG Consumer Partners Evercore Partners Inc.

DuPont Company* Everstone Capital

43
2014 - 2015 Recruiting Organisations
Organisations Name marked ^ are participants own company.
Organisations Name marked * participated in on-campus recruiting activities.

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Every Second Counts goetzpartners Management
Exane Consultants

Expedia* Golden Gate Ventures*

ExxonMobil Goldman Sachs International*
EY* Good Pharmaceutical*
Falconi* Google*
Faurecia GrabTaxi*
FB Green Gree Ventures
Fidelity Worldwide Greenbrook Healthcare
Investment* Greenoaks Global
Finca* GSK*
First Reserve* Gulf Investor Circle Group*
Fitzroy Health Hachiko Technologies Ltd
Flixbus* Halliburton
FMC Technologies* HDH Capital Management
FoodNotify Healint
Foodora Heinz*
Foodpanda Henry Schein*
France Telecom Hewlett Consulting Partners
FriendlyScore HIL Applied Medical
FrieslandCampina Hillgate*
frog Hillhouse Capital
FUGRO Hilti*
Full Health Medical Homesake.in
Galeries Lafayette Hopscotch*
Gallup Consulting* Hostmaker*
GCP Hostra Systems Pvt Ltd^
Gelato Group HotelQuickly*
GEMS Education* Houlihan Lokey*
General Electric (GE)* HSBC*
General Mills* Hua Dan*
General Motors* Hydrane
Gervel, Inc. Ibdaa
Global Arts Council IBM
Glowbl Icefield Capital

44
 Total: 580 organisations of which 206 hired
Summer Interns and 293 Full Time graduates

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
ICMG* Joh. Berenberg Gossler
IDEAL Incorporation^ & Co. KG

I-DEV international Johnson & Johnson*

iFunding* JP Morgan*

Ignition-Program* Jumia (AIG)

IILM Jungle Ventures*

Impact Investment Kacific*

Exchange Asia Kakoa Chocolate^
IMS Health* Kaligo.com
incir.com Kaymu (AIG)
IncuVest Kevric Real Estate
Indian Revenue Service Corporation

Infineon Technologies Kiewit

ING* Kimberly-Clark*

InMobi King*

Innosight Knorr-Bremse

INSEAD Konga Online

Shopping Limited
Intel*
Korea Investment
International Finance Corporation
Corporation*
KPMG
International SOS*
Kurt Salmon*
Investcorp
Kuwait Financial Center
Investir&+*
KV Asia Capital
ironSource*
L Capital Asia
Itau BBA*
L.E.K. Consulting*
Itau Unibanco
Lafarge
JAC Capital
Lakshmikumaran
Japan Exchange Group, Inc. & Sridharan, Attorneys
JD Finance Lazada*
JD.com Le Chemiseur*
Jefferies Leadspace
JF Hillebrand LegalVision
JM, Lda^ LEGO
JNC Administracao Lemuria Holding^
e Participacao^
LGT Venture Philanthropy*

45
2014 - 2015 Recruiting Organisations
Organisations Name marked ^ are participants own company.
Organisations Name marked * participated in on-campus recruiting activities.

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Liberty Mutual Millicom*
Liberty Wireless Millward Brown Vermeer*
Light My Home^ Ministry of Finance Sri Lanka
LIM Advisors Ministry of Health Singapore
Line Corporation Ministry of National
LinkedIn* Development (MND)

Lion Capital Mitsubishi Corporation

Lloyds Bank Mitsubishi Heavy

Industries, Ltd
Logista Group
Miura Private Equity
L'Oral*
Monetary Authority
Louis Dreyfus Commodities of Singapore
Louis Vuitton Malletier* Montblanc International
Loyalty Advantage* Morgan Stanley*
Lunar Capital Mota-Engil
Luxottica* Moteefe^
M Capital Group (MCG)* Motion Wave*
Mackenzie Jones* MoveMeon*
Macquarie Mubadala Development
MagicTab Company*
Magpie Polymers* Multinet Up
Maison Capital Mutual Benefits*
MANGO Naspers Limited
Marceau Innovation* Nautae Capital^
Market Finance NEO Investment Partners
Marriott Nesma^
Maya Capital Nestle
McKinsey & Company* NHS
Medallia Nike*
Medtronic Nissan Motor Corporation*
Merchalytics^ Nobel Education Network
Merck, MSD NOHK^
Mercy Corps Nomura*
Metals Focus Nous Group
Microsoft* Nova Founders Capital*
Millet SA Novartis*

46
 Total: 580 organisations of which 206 hired
Summer Interns and 293 Full Time graduates

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Nuclear Undone,LLC^ Portalia
Numu Consulting* Premji Invest
O'Boticario Prophet*
OC&C Strategy Consultants* ProSiebenSat.1*
Oliver Wyman* PUIG
On Frontiers PWC
On Purpose* Quandoo*
One Acre Fund* Quantis international
Ontario Teachers' Qubit
Pension Plan Quintiles*
Orange Telecom Radboud University
Orevon* Medical Center
Ownership Capital Rakuten
Pagasa Steel Works Inc. Ramius LLC
Pall Mall Capital Ravago
Parques de Sintra - RBC Capital Markets
Monte da Lua, SA Redmart*
Parthenon EY* Reebonz*
Partners Capital* ReEx Capital Asia
Partners Group ReferralCandy*
Partners in Performance* Reparando GmbH
Patron Capital Repucom
PayPal Rhone Group*
Perella Weinberg Partners Rial.to
Permira Richemont*
Philip Morris Management Ripple Labs
Services ME Ltd*
Rising Tide
Philips*
RobecoSAM
PIMCO*
Roche*
Pinsent Masons
Rocket Internet*
Pipefy Inc.
Roland Berger Strategy
PlaceMatch* Consultants*
Plan Padrino Roomorama*
Plesner Russian Fishery
Porsche SE

47
2014 - 2015 Recruiting Organisations
Organisations Name marked ^ are participants own company.
Organisations Name marked * participated in on-campus recruiting activities.

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Samsung GSG* STS Gaea
Sanford C. Bernstein Surgical Partners
Limited* Swarovski
Sanofi* Symphony
Santander Syngenta Crop
Schlumberger Business Protection AG*
Consulting* TabSquare *
Schneider Electric* Tagit*
SCOR Talixo*
Scotiabank del Peru S.A.A. Tata Consulting Services*
Scytl* Tata Steel
Securite Assurance Tate & Tonic*
Sener TBC Bank
Series Impact* TE Connectivity
Seroja Partners Technoserve
Shell International* Temasek
ShopKeep Tencent*
Sia Partners* Tesco
Siam Cement Group (SCG) The Abdul Latif Jameel
Siemens* Poverty Action Lab
Singapore Government The Blackstone Group*
SK Vertical Capital The Boston
Skyscanner* Consulting Group*

SMS Management The Cantillon*

and Technology* The Cocktail
Sofgen* The Este Lauder
Solon Management Companies Inc.
Consulting* The Green Link*
Sparknews* The Impact Hub Paris*
SQI Contracting^ The Lane Crawford
ST Electronics Joyce Group

Standard Chartered Bank* The Planorama Group*

Steertalent Co.Ltd^ Thermo Fisher Scientific

Strategy&* Thomson Reuters

Stripe Thyssenkrupp
Consulting Group*

48
 Total: 580 organisations of which 206 hired
Summer Interns and 293 Full Time graduates

Organisation Name Internships

Full-time Internships
Full-time Organisation Name Internships
Full-time Internships
Full-time

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2

Hire 1 or 2
Hire 3+

Hire 3+

Hire 3+

Hire 3+
Tifosy Vinci Concessions
TinyOwl Vinebox^
Tojo Vikas International Visa*
Tourism Authority of Thailand Vitruvian Partners LLP
TradeGecko* Volaris
Transurban Voxbone*
Tree and Tide Development vsource
Tree Line Investment Waha Capital*
Management Waitrr^
TrustSphere* Walmart
TSC The Stakeholder Warburg Pincus LLC
Company *
Waterland
Twelve Cupcakes
International Watrium AS

Twitter Wavecell*

Uber* WDS

UBS WhatIf*

UNDP Wipro Technologies*

Unicredit* Wise & Miller*

United Wagon Company WorldRemit

nl & Co. WPP Group

Urban Engines Wriggle

UTC Yunus Social Business*

UXUS Zalando

Varova Investments Zoek

Veolia ZS Associates

Veson Nautical* Zuellig Pharma

Vest Finance Zurich Insurance*

Village Map^

49
Glossary of Countries By Region

Africa Senegal Mongolia

Algeria Seychelles Myanmar
Angola Sierra Leone Nauru
Benin Somalia Nepal
Botswana South Africa New Caledonia
Burkina Faso Sudan New Zealand
Burundi Swaziland Niue
Cameroon Tanzania Norfolk Island
Cape Verde Togo North Korea
Central African Republic Tunisia Pakistan
Chad Uganda Palau
Comoros Zambia Papua New Guinea
Congo Zimbabwe Philippines
Congo Rep.Dem. Samoa
Djibouti Asia Pacific Singapore
Egypt Afghanistan Solomon Islands
Equatorial Guinea American Oceania Sri Lanka
Eritrea American Samoa Taiwan
Ethiopia Australia Thailand
Gabon Bangladesh Tokelau
Gambia Bhutan Tonga
Ghana Brunei Darussalam Tuvalu
Guinea Cambodia Vanuatu
Guinea-Bissau China Vietnam
Ivory Coast Christmas Island
Kenya Cocos Islands Central/Eastern Europe
Lesotho Cook Islands Albania
Liberia East Timor Armenia
Libya Fiji Azerbaijan
Madagascar French Polynesia Belarus
Malawi Guam Bosnia and Herzegovina
Mali Hong Kong Bulgaria (EEA)
Mauritania India Croatia
Mauritius Indonesia Czech Republic (EEA)
Morocco Japan Estonia (EEA)
Mozambique Kiribati Georgia
Namibia Korea Hungary (EEA)
Niger Laos Kazakhstan
Nigeria Macau Kyrgyzstan
Reunion Malaysia Latvia (EEA)
Rwanda Maldives Lithuania (EEA)
Saint Helena Marshall Islands Macedonia
Sao Tome And Principe Micronesia Moldova

50
Montenegro Montserrat Finland (EEA)
Poland (EEA) Netherlands Antilles Iceland (EEA)
Romania (EEA) Nicaragua Norway (EEA)
Russia Panama Sweden (EEA
Serbia Paraguay
Slovakia (EEA) Peru Southern Europe
Slovenia (EEA) Puerto Rico Cyprus (EEA)
Tajikistan St Kitts and Nevis Gibraltar (EEA)
Turkmenistan St Lucia Greece (EEA)
Ukraine St Vincent and The Grenadines Italy (EEA)
Uzbekistan Surinam Malta (EEA)
Trinidad and Tobago Portugal (EEA)
Latin America Turks and Caicos Islands Spain (EEA)
Anguilla Uruguay Turkey
Antigua-Barbuda Venezuela Vatican
Argentina Virgin Islands (British)
Aruba Virgin Islands (US) Western Europe
Bahamas Andorra
Barbados Near/Middle East Austria (EEA)
Belize Bahrain Belgium (EEA)
Bermuda Iran France (EEA)
Bolivia Iraq Germany (EEA)
Brazil Israel Ireland (EEA)
Cayman Islands Jordan Liechtenstein (EEA)
Chile Kuwait Luxembourg (EEA)
Colombia Lebanon Monaco
Costa Rica Oman Switzerland
Cuba Palestine The Netherlands (EEA)
Dominica Qatar United Kingdom (EEA)
Dominican Republic Saudi Arabia
Ecuador Syria
El Salvador United Arab Emirates
Falkland Islands Yemen
Grenada
Guadeloupe
North America In line with INSEADs academic calendar,
Guatemala this report is based on December 2014
Canada
Guiana and July 2015 classes
USA
Guyana
Haiti Disclaimer: The information included
Northern Europe in this report was provided by both MBA
Honduras graduates and recruiters and has not
Denmark (EEA)
Jamaica been independently verified. INSEAD
Faroe Islands (Denmark) Career Development Centre gives no
Martinique
Greenland (Denmark) guarantee as to its accuracy.
Mexico

51
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INSEAD Europe Campus

Selected Photos: Matt Stuart, James Bowden

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