MBA EMPLOYMENT REPORT

2019
 2019
TRENDS & STATISTICS
It was another very successful recruitment
year for the HEC Paris MBA, with 92 percent of
the Class of 2019 accepting job offers within
three months of graduation. The class joins
the prestigious ranks of the HEC Paris alumni
network, made up of more than 60,000 people
from 132 countries across the world.
The class, made up of 55 nationalities (92
percent international), graduated with a
global mindset, ready to take on the business
challenges of today and tomorrow. Sixty-six
percent of the class secured positions outside of
their home countries. And many of our students
made significant career transformations, with 82
percent changing sector, 70 percent changing
function and 64 percent changing their locations.
A total of 80 percent of the class changed two
of the three elements, while almost 40 percent
made the “triple jump” and changed all three.
The HEC Paris MBA program continues to be one
of the top MBAs in the world, this year ranking #1
in Europe and #3 worldwide by the Economist,
and ranking in the top 10 MBA programs in the
world by the Financial Times. We maintained
high rankings in Poets & Quants, America
Economia, QS and Bloomberg Businessweek.
Our Career Center ensures students’ career goals
align with the needs of the global job market and
continues to encourage students to transform
and explore a variety of industries and functions
during the MBA. This diversity is reflected in
the placement data with 38 percent of students
securing roles in a range of industries including
Energy, Healthcare, Retail, Manufacturing and
Consumer Goods. Technology (16 percent
placement) and Finance (19 percent placement)
remained popular sectors, while Consulting saw
big growth with 27 percent of the class securing
positions within the sector.
Our dedicated Career Center team would
like to take this opportunity to thank our
loyal alumni and recruiters, who continue to
show confidence in our talent. We are proud
of our achievements and we look forward to
continuing to prepare future generations of
global leaders to solve the business problems
of tomorrow.
Marie Courtois
Director, Career Center, HEC Paris
 CLASS PROFILE

CLASS PROFILE
HEC PARIS MBA CLASS OF 2019

NUMBER
OF PARTICIPANTS NATIONALITIES

239 55
GEOGRAPHIC ORIGINS (NATIONALITIES)
INTERNATIONAL
PARTICIPANTS AVERAGE AGE

92% 30
18%
GENDER GMAT AVG EUROPE

32% WOMEN 690 27%

AMERICAS
43%
ASIA &
AVERAGE WORK 12% OCEANIA
EXPERIENCE AFRICA &

6 YEARS MIDDLE
EAST

2
 HEC PARIS MBA 2019

CURRENT CLASS PROFILE

HEC PARIS MBA CLASS OF 2021

NUMBER
OF PARTICIPANTS NATIONALITIES

281 50
GEOGRAPHIC ORIGINS (NATIONALITIES)
INTERNATIONAL
PARTICIPANTS AVERAGE AGE

94% 30
19%
GENDER GMAT AVG EUROPE

34% WOMEN 690 24%

AMERICAS
46%
ASIA &
AVERAGE WORK 11% OCEANIA
EXPERIENCE AFRICA &

6 YEARS MIDDLE
EAST

3
HEC PARIS MBA
 SALARIES

SALARIES
OVERALL MEAN SALARY TOTAL
On average, MBA graduates from HEC
Paris doubled their pre-MBA salaries.
2017 2018 2019
$128,206
ANNUAL SALARY
PACKAGE (MEAN)

Overall Average Salary Package

$116,504
ANNUAL SALARY

92%
$112,800 $120,700 $128,206 PACKAGE (MEDIAN)

$24,423
SIGN-ON BONUS
OF THE CLASS (MEAN)
ACCEPTED JOB Sign-on Bonus
OFFERS WITHIN
THREE MONTHS OF
GRADUATION

$22,295
$27,800 $28,100 $24,423
SIGN-ON BONUS
(MEDIAN)

4

SECTOR
CONSULTING
Annual Salary (Mean) $127,816
Annual Salary (Median) $120,046
Sign-on Bonus (Mean) $22,383
Performance Bonus (Mean) $21,148
FINANCE
Annual Salary (Mean) $113,858
Annual Salary (Median) $115,350
Sign-on Bonus (Mean) $23,815
Performance Bonus (Mean) $70,683
TECHNOLOGY Asia (including Oceania)
Annual Salary (Mean) $104,258
Annual Salary (Median) $100,430
Sign-on Bonus (Mean) $19,856
Performance Bonus (Mean) $20,618
HEALTHCARE
Annual Salary (Mean) $157,575
Annual Salary (Median) $130,933
Sign-on Bonus (Mean) $50,278
Performance Bonus (Mean) $31,417
CONSUMER PACKAGED GOODS
Annual Salary (Mean) $117,043
Annual Salary (Median) $120,000
Sign-on Bonus (Mean) $24,035
Performance Bonus (Mean) $7,000
HEC PARIS MBA 2019
ENERGY
Annual Salary (Mean) $112,937
Annual Salary (Median) $114,562
Sign-on Bonus (Mean) $7,173
Performance Bonus (Mean) $74,231
RETAIL North America
Annual Salary (Mean) $106,472
Annual Salary (Median) $107,604
Sign-on Bonus (Mean) $23,070
Performance Bonus (Mean) $10,000
MANUFACTURING
Annual Salary (Mean) $104,527
Annual Salary (Median) $88,819
Sign-on Bonus (Mean) $11,535
Performance Bonus (Mean) $11,967
LOCATION
France South America
Annual Salary (Mean) $103,465
Annual Salary (Median) $98,047
Sign-on Bonus (Mean) $19,929
Performance Bonus (Mean) $28,404
5
Western Europe (including France)
Annual Salary (Mean) $102,519
Annual Salary (Median) $99,201
Sign-on Bonus (Mean) $21,159
Performance Bonus (Mean) $31,893
Annual Salary (Mean) $186,922
Annual Salary (Median) $147,360
Sign-on Bonus (Mean) $20,000
Performance Bonus (Mean) $20,200
Annual Salary (Mean) $143,376
Annual Salary (Median) $141,995
Sign-on Bonus (Mean) $33,576
Performance Bonus (Mean) $24,649
Middle East/Gulf Region
Annual Salary (Mean) $132,028
Annual Salary (Median) $140,000
Sign-on Bonus (Mean) $27,666
Performance Bonus (Mean) $19,407
Annual Salary (Mean) $122,603
Annual Salary (Median) $122,603 
HEC PARIS MBA
 CAREER TRANSFORMATION

CAREER
TRANSFORMATION

CAREER TRANSFORMATION FOR THE CLASS OF 2019

At the HEC Paris MBA, we pave the way for students

to transform their careers. The majority of our students
made a career transformation, with 82 percent changing
sector, 70 percent changing function and 64 percent
changing their location.
82% 70% 64%
CHANGED CHANGED
CHANGED
The majority of the class – 80 percent – changed two SECTOR LOCATION
FUNCTION
of the three elements, while 39 percent successfully
made the “triple jump.” International mobility continued
to be a strong trend in our post-graduation placements,
with 66 percent of the class securing employment
outside of their home countries.

80%
CHANGED AT
39%
LEAST TWO OF CHANGED
THESE THREE ALL THREE
ELEMENTS

6
 HEC PARIS MBA 2019

SECTOR CHANGE FUNCTION CHANGE

Overall, a large number of HEC Paris MBA We saw the largest proportion of students from the
participants moved into the Consulting and Class of 2019 take on Consulting positions, while
Technology sectors. many also accepted leadership roles in Finance/
Accounting and Marketing/Sales.

PRE-MBA POST-MBA PRE-MBA POST-MBA

Consulting Healthcare Technology Consulting Marketing & Sales

13% 4% 8% 18% 23%
27% 6% 16% 30% 23%

Consumer Packaged Manufacturing Transportation & Finance/Accounting Ops, Production, Logistics

Goods 6% Logistic Services 16% 7%
6% 7% 2% 20% 4%
4% 2%

Energy/Utilities Media/Entertainment Other General Management Other

16% 26% 8%
1% 13%
14% 1%
6% 0% 3%

Financial Services Real Estate Human Resources

18% 1% 1%
19% 2% 2%

Govt./Not-for-profit Retail Information Technology

5% 7% 1%
1% 7% 6%

7
HEC PARIS MBA
 RECRUITER ACTIVITY

RECRUITER SOURCE OF OPPORTUNITY

ACTIVITY CLASS OF 2019

72% SCHOOL-FACILITATED OPPORTUNITIES

TOP RECRUITERS 7%
Other School
Facilitated Source
5%
HEC Paris Job Postings
9%
HEC-Facilitated Internships
which Converted to Full-Time

19%
HEC Paris Network/
Resources/Referrals 60%
MBA On-Campus
Recruitment &
On-Campus Interviews

28% GRADUATE-FACILITATED OPPORTUNITIES

Networking to Networking/
Personal Contacts 50%
Online Postings 39%
Other 11%
8
 HEC PARIS MBA 2019

“In the HEC Paris MBA there

is never a moment to spare.
From honing your skills in
the classroom, to meeting
industry leaders on campus or
learning from your uniquely
diverse set of classmates,
every day is filled with
experiences that shape you as
a person and a professional.
This comprehensive journey
sets HEC apart and has
transformed the way I view
the workplace, the industry
and, most importantly, the role
I should play in all of it.”
Ethan Iglesias Dougherty,
Investment Banking Associate,
Bank of America

9
HEC PARIS MBA
 CAREER CHOICES

CAREER CHOICES FOR

THE CLASS OF 2019
Rate General Management 14%
Employed at three months 92% Information Technology 6%
Operations/Logistics 4%
Human Resources 2%
Sector Other 2%
Consulting 27% Total 100%
Financial Services 19%
Technology 16%
Manufacturing 7% Location
Retail 7%
Energy 6% Region
Healthcare (Including Products and Services) 6% France 34%
Consumer Packaged Goods 4% Europe (Excluding France) 27%
Other 3% Asia (incl Australia) 18%
Real Estate 2% North America 9%
Transportation & Logistics 2% Latin America & Caribbean 5%
Government/Non-profit 1% Middle East 7%
Total 100%
International Mobility
Working outside their home country 66%
as percentage of total Class
Function
Consulting 30% Working outside France 66%
Marketing/Sales 23% as percentage of total Class
Finance/Accounting 20%

10
 HEC PARIS MBA 2019

“At the beginning of my

MBA, I couldn’t imagine how
much I would learn, grow
and achieve! The knowledge I
acquired both in the classroom
and, especially, outside of
it (e.g., attending seminars
and speaker series, meeting
people from all over the world,
being an active member of the
Consulting Club and the TEC
Community) really prepared
me to transition from Latin
America to Europe. At the end,
I was able to choose among
several offers from top-ranked
industries and consulting
firms.”

Juliana Vectore,
Consultant, Bain & Company

11
HEC PARIS MBA
 REGION ANALYSIS

REGION REGIONS
ANALYSIS The percentages of non-French finding jobs in France, and non-Europeans finding jobs in Western Europe
were 73 percent and 52 percent of the placement rates in these regions.

MOBILITY JOB LOCATION

27%
EUROPE** 18%
9% 34% ASIA &
OCEANIA
NORTH
FRANCE
7%
66%
AMERICA

OF GRADUATES
5%
LATIN
SECURED AMERICA*
EMPLOYMENT
OUTSIDE OF THEIR
HOME COUNTRIES

*And Caribbean **Excluding France

12
HEC PARIS MBA 2019

“Academically, the MBA

provided me with a sharp
toolbox containing everything
a business leader needs to
know: strategy, marketing,
finance, operations,
organization and more. In
addition, the flexibility built
into the HEC Paris MBA
allowed me to customize my
learning experience. As a
result, and with some much
appreciated support from the
Career Center, I was able to
land a very hands-on and
strategic role at Shiseido.”
Guillaume Bô-Kim,
Strategy Manager, EMEA & Global
Fragrance, Shiseido

13
HEC PARIS MBA
 COMPANIES WHO RECRUITED FROM THE CLASS OF 2019

The following list includes companies that offered at least one full-time position, as well as those that had
internship positions accepted.

A Ceres Industries F J, K Strategy&

Abbott CFAO Technology and Energy Facebook J.P. Morgan O Sumitomo Mitsui Banking
Accenture* Chanel* Fairtree Janssen Europe, Middle East & Octoshield Corporation
AddVentures by SCG CIBC Fast-Up Partners Africa (EMEA) Oliver Wyman* Swatch Group
Adenia Partners Cimenterie Nationale S.A.L Finance in Motion JGC Corporation Synpulse Management
Adidas CITIC Securities Fives Johnson & Johnson Consulting
Admiral Clermount Partners Foodpanda Julius Baer P, Q Systra
Advanced Blockchain AG Clever Leaves Fosun KPMG* Pace University
Aethon CMA CGM* Furlenco P3
Aetna Code8 Beauty Panoply City T
AfricInvest Group Coles Group L Paris 2024 Tcell
Airbus Cortex G Laboratoires Dermatologiques PERACS Telefonica
Aktor SA CoSMo Software Consulting GE Healthcare LATOKEN Pernod Ricard The Boston Consulting Group*
Alaria Health Pte Ltd Genpact LeCab Ping An The Currency Exchange Fund
AlixPartners Crédit suisse Glow Recipe Lehmann Maupin Predictus Truffle Capital
Amazon* Google Lilly Procter & Gamble*
American Express Green Giraffe Linagora Pro-Standard Global Tech
Amundi Asset Management D Groupe Renault* Lingua Custodia Fund U
Arab Bank Daimler AG GSK L’Oréal* PTOLEMUS Consulting Group Uber
ArcelorMittal Data Soluce Guaranty Trust Bank Luxurynsight PwC* UBS
Arma Partners Dataswati LVMH* QMC Telecom UChicago Medicine
Armani DealGlobe Urgo*
Artefact Deliveroo H
AstraZeneca Delivery Hero HelloFresh M R
Atelier Premiere NY Detecon International GmbH Heuritech Maexpartners GmbH Ralph Lauren V,W
Atos* DHL Consulting Hilti MagicLab Roland Berger* Vestiaire Collective
AUTO1 DiaVel Hines McKinsey & Company* Visa
Drive HomeServe MetLife Westwing Home & Living
Drop Positioning Systems HORIBA Michelin* S Worldline*
B DuPont Solutions HSBC* Microsoft Saipem
Bain & Company* Mitsui & Co., Ltd. Salesforce
BAML Moët Hennessy - LVMH* Sanofi China X,Y,Z
Bancolombia E I Monitor Deloitte* SAP YOOX Net-a-Porter Group
BASF E.ON IFC - International Finance Morgan Stanley SCG Zolo
BAT Edenred Corporation Morningstar Schneider Electric*
Bionest Partners Eiffage Imerys Siemens Healthineers
Biz Capital Elephants & Ventures Infosys Simon-Kucher & Partners
Bolt Mobility Emirates Airlines Innovorder N Skintifique
Booz Allen Hamilton equensWorldline Investisseurs et Partenaires NAU Design Smart
Boralex Estée Lauder Paris invitly Netcetera Group Société Générale*
Business Finland Etergo Ipanema Consulting Nexus for Development Société des plastiques nobles
Etex Building Performance Ippon Technologies Nissan Motor Corporation (SPN)
Euro Latina Finance Ipsen Nissan Automotive Europe Sodexo*
C everis ITEKA Corporate Finance Novireg Sodiatech
Capgemini Invent* EY* Nubank Southern Housing Group
CarMoov S.T. Dupont
Cartier International Stepling Investment &
Cathay Pacific Property *Corporate partners of HEC Paris

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 HEC PARIS MBA 2019
RECRUITING EVENTS
HEC Paris MBA Career Week: A week-long, on-campus event focusing
on full-time MBA recruitment (September).
HEC International Finance and Consulting Fairs: On-campus
networking and job-placement events for companies recruiting finance
and consulting positions across all programs at HEC (October and
November).
HEC Carrefours Career Fair: Started in 1985, this is the flagship career
fair for full-time and internship positions across all programs at HEC
(January).
HEC Paris MBA Internship Day: MBA-specific event focusing on
internship recruitment (January/February).
Sector-Focused Career Fairs: Events held for companies recruiting or
interested in networking with students specifically interested in their
sectors, including Digital and Technology, Health Sciences and Impact,
among others (November-March).
TIMING AND AVAILABILITY
The HEC Paris MBA lasts 16 months and there are two intakes, in September and January. Students are available for internships and full-time
positions, as follows:
Availability of September intake:
• Summer internships: From mid-April to end of August
•E
 nd-of studies internships: From January to April of their graduating year
•F
 ull-time positions: From January of their graduating year (15 months
after the start of the program)
15
Region-Focused Career Fairs: Events held focused on certain regions,
including Germany, China, Luxembourg and Africa, among others
(November-March).
MBA Retail & Luxury Fair: Event held for students specifically interested
in Retail and Luxury (March).
Stand-Alone Individual Presentations: Company presentations can
occur anytime from September to November and from January to April.
Career Treks: Regional, national and international, sector- or region-
focused treks organized throughout the program.
Club Activities: HEC Paris MBA professional clubs aim to strengthen the
relationship between the HEC Paris MBA community and specific sectors.
They organize panel discussions, evening guest speakers, company visits,
networking dinners with HEC Paris alumni, and so on.
Job/Internship Postings: Job opportunities can be posted on our careers
portal, free of charge. For more information, email mbacareers@hec.fr.
Availability of January intake:
• Summer internships: From July to mid-September
• End-of-studies internships: From January to April of the following year
• Full-time positions: From April of their graduating year (15 months after
the start of the program)
HEC PARIS MBA
 “The HEC Paris MBA
experience has been
transformative, both
professionally and personally.
As an international student,
changing both industry and
location was not an easy
career shift, and I could not
have achieved it without
the support and coaching
I received. Learning in a truly
international and diverse
environment gave me the
knowledge and confidence
to take advantage of every
opportunity and make an
impact in a short period
of time.”
Preethi Anand,
Central Operations Manager,
EMEA-APAC, Uber

16
© Photos: Marcella Barbieri - Conception - design: HEC Paris MBA Communications & Hippie Agency
 www.mba.hec.edu 1 rue de la Libération
admissionmba@hec.fr 78351 Jouy-en-Josas
mbacareers@hec.fr France
Tel: +33 (0)1 39 67 73 83