Professional Documents
Culture Documents
EMPLOYMENT IN
THE NEW WORLD
OF WORK
INTERNATIONAL MBA
2023
Career decisions
can be challenging,
especially in today's
constantly changing
job market.
Information, advice,
and conflicting
motivations abound,
but it’s essential to
cut through the
noise to find what’s
right for you.
Our constant dialogue with the business
community and analysis of job data
means we have our finger on the pulse
of the job market. So, we’ve compiled this
comprehensive guide to help you as you
take the next step on your career path. It
gives you practical, up-to-date insights
into today’s world of work, an idea of
how we view the business world, and key
information on what our International MBA
Alumni have achieved in their careers.
03 04
OUR INTERNATIONAL YOUR SUCCESS,
MBA ALUMNI IN THE OUR PURPOSE
WORLD OF WORK
THE WORLD
OF WORK
SUCCESS HINGES
ON BEING ABLE
TO RESPOND TO
CURVEBALLS
19%
Risk Appetite and
Growth Strategies 59%
of boards cite
64%
of boards have made employees as the
progress toward or top stakeholder
have achieved the of boards expect to considering DEI
digital business increase their risk while evaluating the
transformation goals appetite in 2023-2024 organizations
(7 percentage points
48% higher than 2022)
47%
46%
of boards see recession
and economic of society considers
uncertainty as the of boards are willing sustainability to
biggest constraints to to accept greater risk a substantial or
growth in 2023-2024 in expanding product significant extent
lines to achieve during company
McKinsey 2022
Work-life conflict
This is the perspective that your work and life
are competing for your attention – a zero-sum
game. It’s a vision that the more effort that
you put into work, the less you will be able to
give to anything else. If you behave more like
Taking the path your “work-self” that will be damaging to your
of integration “life-self” and vice versa. However, academic
demands planning research suggests that conceptualizing the
and establishing two as opposed can negatively impact the
goals and quality of life and life satisfaction, according
boundaries, while to a literature review published in The Clinical
equally focusing Neuropsychologist.
on well-being,
which can impact Work-life balance
performance in all From the early 2000s, the concept of a
domains of life. work-life balance became more prominent.
This way of thinking acknowledged the
importance of both domains of life and how
it’s important to be satisfied and have control
in multiple roles. The goal is to find a healthy
balance where both domains are compatible.
Work-life integration
According to Microsoft, this concept is gaining
popularity in today’s age and demands a
more fluid, flexible, and dynamic approach to
work as it no longer views “life” and “work” as
totally separate. Taking the path of integration
demands planning and establishing goals and
boundaries, while equally focusing on well-
being, which can impact performance in all
domains of life. This concept is particularly
important when people are working from
home. It can take many forms such as doing
household chores during a conference call,
taking a stress-reduction workshop at work,
or making sure to get a good night's sleep so
you’re more present throughout your day.
FLEXIBILITY IS
BECOMING A FEATURE,
NOT A FAD
During the depths of COVID-19 lockdowns,
experts' predictions about the future of office
work varied wildly. Some predicted a quick
return to normality, others, that offices would
give way to virtual reality goggles and the
metaverse. Three years on and the dust has
settled. The lasting impacts of the dramatic
shift to remote work during lockdowns is
becoming clearer, and all evidence suggests
that workplace flexibility is here to stay,
although there are benefits to working in-
person.
80
70
60
60
53
48 49
42
40
32 31 39 29 26
20
18
8 21 19 22 21
0
12
2019
Pre-pandemic
2020
May
Q2 2021
Q1 2022
Q2 2022
Q4 2022
Source: GALLUP
Microsoft ▶ Remote and hybrid work have stabilized at
suggests several much higher levels than pre-pandemic.
ways to overcome
productivity ▶ US companies say they save 2% per year on
paranoia like salary bills with remote work, so an economic
setting clear goals downturn could make work-from-home
for employees, even more sticky. (The Shift to Remote Work
rewarding impact Lessens Wage-Growth Pressures, The National
(not productivity Bureau of Economic Research)
theater) and
▶ Big companies like Goldman Sachs, Disney
collecting regular
and Twitter are calling employees back to the
feedback
office, although success at actually mandating
on-site work has been incomplete.
4th
business — it can bolster teams of all kinds,
whether they’re working in startups or
massive corporations, governments, or small
nonprofit organizations.
WORLDWIDE
for entrepreneurship The need for this attitude, something we
teaching consciously foster at IE Business School, may
FT MBA 2022 Rankings be needed now more than ever. On the one
“In an uncertain hand, it’s part of a larger trend. Corporate
economy, longevity, for instance, has been declining
executives’ first since the 1960s. Further, Statista predicts that
instinct might the average company lifespan on the S&P
be to cut costs Index will consistently decline until 2028,
and shore up underscoring the need for companies to
established reinvent themselves continuously.
holdings. A
better way is On the other hand, an entrepreneurial
to build new mindset is particularly suited for this moment
businesses.” in time. As McKinsey points out in the Dec
2022 report ‘Business Building’, companies
McKinsey, 2022
should bet on forging new lines of businesses
to enhance their risk profiles amid the current
uncertainty. And success hinges on fostering
entrepreneurial mindsets within companies
(intrapreneurs) for success. Indeed, over the
last three years, executives at top-performing
companies have doubled down on business
building at top-performing companies, and
in 2022, 46% of executives said it was a top
priority. To put its importance in context, over
the next five years, 50% of all revenue is
expected to come from new businesses,
products, and services.
SOCIETIES
Survey
impact on their loyalty
5770+ 3465+ 5268+ 3466+ 5669+ 3365+ 5764+ 1770+ 5263+ 1769+ 4865+ 3368+
57% 13%
SOCIETAL IMPACT
Very satisfied
Helping students define, refine and align their
34% 31%
purpose with their career is one of the main
objectives of our International MBA program. Not satisfied at all
That’s not only because it can dramatically
CREATING A DIVERSE
52% 16%
improve graduates’ happiness and job
AND INCLUSIVE
ENVIRONMENT
PROGRESS IN
Very satisfied
satisfaction, but also because it’s essential
34% 32%
to our mission of creating a new generation
of responsible and successful business Not satisfied at all
COMMITMENT TO
SUSTAINABILITY
better world. As work-life integration moves to Very satisfied
51% 13%
decisive factor for why entrepreneurs are
consistently happier than other workers. Very satisfied
34% 31%
EMERGING TECH:
SUPPORT RATHER THAN
REPLACEMENT... SO FAR
Have a look...
FINANCE, PRODUCT
INVESTMENTS & MANAGEMENT &
ACCOUNTING IN THE SERVICE DESIGN IN
INTERNATIONAL MBA THE INTERNATIONAL
MBA
BRANDING, MARKETING
& SALES IN THE
INTERNATIONAL MBA
ROLES & JOBS
Do you have an eye for narratives and WITHIN THIS
want to deepen your expertise in business- PATHWAY
centered communications? Whether you are
Creative Director
creative, analytical, a big-picture strategist
or a master of the sale, this pathway will Sales Strategist
sharpen your skills, thinking and behavior
Corporate
to make your storytelling even more
Communications
convincing. While this pathway gets you
Director
ready for a number of promising career
trajectories, they tend to focus on business Digital Marketing
growth and the power of branding. Manager
Public Relations
CAREER AREAS IN THIS PATHWAY Director
Transformation/
Change Lead CAREER AREAS IN THIS PATHWAY
Chief Operations
CAREER AREAS IN THIS PATHWAY
Officer
▶ Technology Strategy & Digital Transformation
Chief Technology
▶ Business Analytics, Intelligence & Insight
Officer
▶ Business Automation & Operations
ENTREPRENEURSHIP
& CORPORATE
INNOVATION IN THE
INTERNATIONAL MBA ROLES & JOBS
WITHIN THIS
PATHWAY
For the bold, the risk-takers and those who
thrive on disruption. This pathway arms Founder & CEO
you with what it takes to be a successful
Director of Business
entrepreneur, whether launching your own
Development
company, turbo-charging the growth of a
scale-up or joining a corporate unit focused Business Innovation
on innovation or venture building. It instills Consultant
a ‘can do’ mindset and the practical skills
Venture Capitalist
to help you achieve your specific goals and
purpose. Business Analyst
Venture Creation
CAREER AREAS IN THIS PATHWAY Lead
Government Affairs
Director CAREER AREAS IN THIS PATHWAY
Geographic breakdown
11%
Europe (exc. Spain)
Average Work
Experience
42++151411108A
42
14% North America
10%
Middle East & Africa
8%
7.6
Years
Spain
15%
AsiaPacific
42%
Latin America
35+18+161165432L
35
Academic Background
4% 3% 2% Legal
Technology
5%
Humanities
Social Sciences
6% Science
35%
Business
11%
Economics
16% Others
18%
Engineering
914352778
Our students after graduating
from the International MBA
Home
Spain
+35L65
Europe
Asia Pacific
Industrial
17%
Consumer, Luxury
5%
& Retail
International
54%
Development
+ Social Impact
20% 2%
Sector Changers
Other
Financial Services
15%
Consulting
27%
Technology *Data from International MBA Alumni from
2020-2022 intakes who reported to be
actively seeking employment at 3 months
after graduation.
431511
Student involvement in
entrepreneruship activities during
the International MBA
Startup Lab
Knowledge Incubator
Venture Lab
43% 15% 11%
8%
Alumni who have
declared to have
started their own
business after
graduation
Employment
by function
6%
Operations
Function Changers
29%
Marketing, product
18%Strategy
vs. Advancers
management & Sales
40%
60+40+L
Vertical Advancers
17%
18%
Finance
Consulting
5% 7% Tech,
Engineering &
Data
Other
60%
Function Changers
Top Employers
Average salaries by Average of Total
employment sectors Compensation
(PPP adjusted)
Company
Presentations
Panels
Visiting companies
In the 2021/2022 academic year we
welcomed +300 recruiting partners on our
on-campus facilities, including:
Technology Financial Services Consulting Pharma FMCG / Luxury Industrial / Energy International Real Estate
/ Retail Retail Development