2005 Employment Report

8/14/2019 2005 Employment Report

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MBA Employment Report 2005

Access the Worlds

Most Diverse Pool of

Global Business Talent


2/16

Contents

Recruitment Overview 1

The London Business School Advantage 2

Employers Hiring London Business School Students 4

MBA 2005 Class Profile 5

MBA 2005 Employment Profile 6

MBA 2005 Career Decisions 7

MBA 2005 Salary Information 8

MBA 2006 Class Profile 10

MBA 2006 Summer Employment Report 11

MBA 2006 Summer Employment Profile 12


3/16

What a Bumper Year!2005 was a great year for our MBA graduates with an

increase in opportunities and salaries across all sectors,

functions and geographies. A record number of our

graduates (97%) had secured offers of permanent

positions by three

months after

graduation and

96% of graduates

had accepted offers

in the same time

period (compared to85% in 2004).

Starting salaries

were up across all

sectors, with the

most significant

changes being in the

number of students

receiving sign-on

payments (up to

78% from 52%) and expecting end of year bonuses

(up to 97% from 86%).Our first year students also fared well, with 99% of the

MBA class of 2006 securing paid employment during

their summer break, either in traditional internship

programmes or, increasingly, undertaking project work for

large corporates or small entrepreneurial firms. Our

summer consulting team, in its fourth year of operation,

were completely sold out, with the six participants billing

a total of 120,000 in just 12 weeks.

Many Sectors Attractive to Students

It was particularly gratifying to see our students

continuing to choose careers across a range of industry

sectors. Over the last year, the Career Services team has

reached out to over 200 new companies in order to

increase the range of opportunities available to our

students and to provide greater access to our talent pool.

Despite the resurgence in opportunities and salaries in

management consulting and investment banking,

opportunities in other sectors remained highly attractive

to our graduating students.

It was also highly rewarding to see large numbers of

students using their MBA to leverage their expertise and

skills in new sectors, functions and geographies.

The Lure of LondonThe UK, and London in particular, remains the most

attractive geographic destination for our students,

despite their incredibly diverse national backgrounds.

We find that many of our alumni choose to work in the

UK on graduation but that they slowly move outwards,

either back to their home country or to other exciting

opportunities in a third country.

The contribution of top-quality MBAs to the UK

economy was recognised by the UK Government with the

Chancellors decision earlier this year to extend the Highly

Skilled Migrant Programme (HSMP) automatically to all ofour graduates. This makes our MBA graduates even more

attractive as the visa allows them to work freely in the UK

without the need for any further paperwork on behalf of

their employer.

Looking Forward

Over the last two years, my team has been focused on

getting the basics right, by attracting a greater range of

recruiters to our campus and by embedding career skills

development at the heart of our MBA programme. Over

the next year, we will have the luxury of being able to

really focus on improving our service delivery through the

adoption of new technology for CV creation and search,

job boards and event sign-up systems.

The School has taken an important decision to invest

in the provision of lifelong career services to our alumni.

This is good news not just for our alumni, but for our

many recruiting partners, who will be able to access our

talented graduates not just on graduation but

throughout their careers.

If anything, 2006 is shaping up to be an even better

year than 2005. The traditional autumn on-campus

recruitment (or milkround) has been our busiest ever,

with more companies than ever before presenting and

interviewing on campus. Unlike in previous years, we

have had more companies from the industry sectors

present during the milkround than we had either

consultants or banks. Our spring recruitment process

for summer internships and projects is also shaping

up to be the busiest ever.

All in all, this is a great time to be graduating from

a top-quality MBA programme.

Graham Hastie

Career Services, Director

MBA Employment Report 2005 1

2005 Recruitment Overview


4/16

The London Business School Advantage

2 London Business School

World-Class Business TalentIf you are looking to recruit truly world-class business talent,

then London Business School graduates can provide the

outstanding global business capabilities, diversity, international

outlook and professional experience that will make a real

difference to your business.

There are many ways to get to know London Business School

students and to raise awareness of your company on-campus.

Whatever your requirements, London Business Schools Career

Services will work in partnership with you to help you access the

talent you need. At London Business School we provide our

students with the global business capabilities required forsuccess. We are consistently ranked as one of the top business

schools in the world, and are committed to becoming the

pre-eminent global business school.

London Business Schools 1,000 students and 6,000

executive education participants per year, come from 109

countries. Our 100-plus world-renowned faculty come from over

30 countries and produce world-impacting research including

the annual Global Entrepreneurship Monitor and Global

Investment Returns Yearbook.

We have over 40 Corporate Partners and our students are

employed by over 200 different companies each year.

Our 24,000 international alumni lead big businesses, run

governments, transform communities and start new businesses

in over 100 countries around the world.

The School has been working to better understand what

business leaders identify as the capabilities needed for success

in todays business world. Our research has shown that in

addition to technical knowledge, employers are looking for

highly developed interpersonal skills and attributes in those they

recruit. These global business capabilities instilled in our

students ensure our graduates are highly sought after as global

business leaders.

Diversity

London Business School graduates are highly talented

individuals with diverse international backgrounds and a range

of sophisticated skill sets to meet every need. The School

provides a variety of pre-eminent degree programmes:

MBA a top-ranked international full-time general

management programme designed to develop multi-skilled

professionals and with the flexibility to be completed within a

15-21 month time frame.

Masters in Finance (MiF) a programme providing

world-class education for experienced financial professionalscompleted over 10 months full-time or 21 months part-time.

Sloan Fellowship Programme the premier business masters

degree designed purely for experienced, senior managers and

preparing successful international achievers for leadershippositions around the world. This rigorous sabbatical is

completed over 10 months full-time.

Executive MBA for ambitious and committed mid-career

executives. A rigorous, demanding and career-oriented

programme completed over 20 months and designed to suit

managers in full-time employment. Ranked third worldwide and

number one in Europe.

EMBA-Global a modular programme, offered over

20 months and resulting in the award of a dual degree from

London Business School and Columbia Business School, and

aimed at participants with current or developing international

responsibilities and seeking a truly exceptional global

management education.

London Business School MBA Programme

Our MBA is designed to develop managers with global business

capabilities and we select students who we believe have the

education, experience and motivation for this. Our rigorous

and practical curriculum is delivered full-time over a flexible

15-21 months. Projects and teamwork are key to developing the

skills of our MBA students. We strive constantly to improve the

quality of our MBA, and recently interviewed over 100 CEOs in

20 countries to find out what they value in business leaders.

Along with feedback from recruiters and students, these

findings have led us to instigate a number of curriculum

changes to our programme this year.

We believe these changes will make our programme even

more effective in producing future Global Business Leaders.

Recruiting from London Business SchoolLondon Business School Career Services will work in partnership

with your company to help you access the talent you need. There

are a number of ways to recruit from London Business School:

Advertise a position online to London Business School Students

Post your position free of charge on our online job site,

www.london.edu/recruiters/postajob.htmlaccessible 24 hours a

day, 365 days a year.

By the time London Business School students graduate

we expect they will have:

Strong analytical skills and an understanding of finance,

marketing, technology and economics

Highly developed interpersonal and leadership skills

The ability to thrive and succeed in truly cross-cultural teams

Competency in at least one, if not more, languages (in

addition to English)


5/16


Search London Business School CVs

Register on our website and we will provide you with free

access to CVs from London Business School students online

www.london.edu/recruiters/register.html

London Business School CV Books

Career Services produces CV Books containing the individual

CVs of MBA 2006, MBA 2007 and MiF 2006 students.

They are arranged in alphabetical order and include details

of qualifications, work experience, language capability and

personal information. Contact students directly to discuss

positions you have vacant or alternatively contact Career

Services to discuss suitable students for your vacancy. Email

[email protected] to request copies of the CV books.

On-Campus Recruitment

London Business School provides facilities for you to present

and/or interview on-campus. Presentations are an excellent

opportunity for students to learn about your company and to

meet some of your employees. Afterwards, you will have the

option of hosting a networking event, where students and your

representatives can meet and talk more extensively about

your company.

Career Services is delighted to assist you in the scheduling of

your presentations, and subsequent interviews, which can be

organised on-campus or off-site.

Overview of On-Campus Recruiting Calendar

Oct Nov Full-time on-campus presentations

Student CVs available in books and online

Nov Dec Full-time on-campus interviews

Jan Mar Full-time on-campus presentations

Full-time on-campus interviews

Summer internship on-campus presentations

Summer internship on-campus interviews

Jan July Students available to commence full-timepositions

June Students available to commence summer

internships or projects

Work Permits Internships/Projects

Internships London Business School students do not need

work authorisation documentation when undertaking a summer

internship or project in the UK. They are also able to work

part-time (up to 20 hours a week) during their course.Full-time The Highly Skilled Migrant Programme (HSMP)

allows MBA graduates from the top business schools in the

world to work in the UK upon completing their MBAs. London

Business School is included in the Treasurys list of top MBA

programmes and consequently our MBA graduates

automatically qualify to apply for the HSMP. This allows them to

work in the UK without the need for any further work

authorisation documentation.

Career Services Contact Details

For all recruitment enquiries please contact Career Services on:

Telephone +44 (0)20 7000 7400

Email [email protected]

Fax +44 (0)20 7000 7401

Or go to our website: www.london.edu/recruiters

London Business School Switchboard: +44 (0)20 7262 5050

Please contact the relevant Relationship Manager below to

discuss your needs:

Consulting June OConnor, email [email protected]

telephone +44 (0)20 7000 7418

Industry Heather Allum, email [email protected]

telephone +44 (0)20 7000 7430

Finance Helen Green, email [email protected]

telephone +44 (0)20 7000 7410

Disclaimer: The information reported in this report is collated

from information provided to London Business School by the

students and recruiters. London Business School has notindependently verified the information, and gives no warranty

as to its accuracy.


6/16

Employers Hiring London Business School StudentsIncludes companies that hired summer interns and full-time postgraduates in 2005


3i3Sixty Group Holdings Limited

4future

AT Kearney

ABN AMRO

Accenture

Actis Capital

Aerium Properties

Alpstar

Amadeus Capital Partners

Amazon

Amdocs

American Express

Amgen

Amnesty International

ApaxArc Financial

Arcapita Private Equity

Arch Convergence

Areva T&D

Arthur D Little

Aubach Holding Limited

Aureos Capital

Avaya

Axon

BAA Plc

Bain & Company

Banco Santander Central Hispano

Bank of America

Barclays Capital

Barclays Global InvestorsBBVA

Bear Stearns

Bedminster Capital

Benfield

BNP Paribas

Booz Allen Hamilton

Boston Consulting Group

BP

Brazzi TWS Limited

Bread Factory

Bristol-Myers Squibb

Brookfield Properties

Brynild Group

BT

C7 PlusCadbury-Schweppes

Cadwyn Capital

Cantillon Capital Management

Celtel International

Central Bank of Mexico

Centres of Clinical Excellence

CFRA

CFS Partners Limited

CIBC World Markets

CIFG

Citigroup

Coalition Development

Coller Capital

ConocoPhillips

Credit Suisse

Creditanstalt Securities

DeBeers

Deloitte

Deutsche BahnDeutsche Bank

Deutsche Post World Net

DHL

Diageo

DiamondCluster International

Discovery Networks

Disney Consumer Products

Doosan Group

Dresdner Kleinwort Wasserstein

Dubai World Trade Centre

EADS

Economics Research Associates

Ecosecurities

Eli Lilly

EMAPEmbiricos Shipbrokers

Envisional

European Agency for Reconstruction

European Technology Ventures

Expedia

Experian

Extreme Group

Fendi (LVMH Group)

Fidelity Investments

Financiere de L'Echiquier

Flextronics

Foda Consulting

Fridays Property Lawyers Limited

Future Pipe

General ElectricGeneral Motors

Generation Investment Management

Gillette

Goldman Sachs

Google

Grascoe Limited

GSC Partners

HAL Investments BV

Hardy Oil & Gas Plc

Harrahs Entertainment, Inc

HG Capital

Honeywell

Houlihan Lokey Howard & Zukin

HSBC

HyperpharIBM

IC-Vec Limited

Ifex Limited

Industry Corporate Finance Limited

Inova Capital Sacr. Venture Capital

Integrated Finance Limited (IFL)

International Trade Centre

Intrawest Corporation

Investec

Investis

IPC Media

Islandsbanki

J Alix Partners

Janssen-Cilag Limited

Japan Business Federation

Johnson & Johnson

Jones Lang LaSalle

JP Morgan

Kensington Technology GroupKrollZolfoCooper

Kykon Limited

Land Masters Trust

Langham Capital

LaSalle Bank

LDC (Lloyds Development Capital)

Lehman Brothers

Lek

LEK Consulting

Level 3 Communications

Liftshare.com

Lindbergh SRL

Lloyds TSB

London Business School

Finance DepartmentLondon Business School

Summer Entrepreneurshp

Programme


Summer Consulting

LongAcre Partners Limited

LOreal

Loyalty Management Group

Luckbox Entertainment

Marakon Associates

Marubeni Corporation

Mattel

McKesson Corporation

McKinsey & Company

Media Planning GroupMedtronic

Mercedes Benz

Mercer Oliver Oyman

Merrill Lynch

Millward Brown Optimor

Mitsubishi Heavy Industries Limited

Mittal Steel

Morgan Stanley

MTI

MUJI

Murphy Exploration & Production

Co International

Natura Brasil

NBGI Private Equity

NestleNeurtek

News Outdoor Group

NEXANS

Nippon Ericsson

Northern & Shell Network Limited

Novartis

Numico

OC & C

Ocado

Orascom Telecom Holding

Orca Deco

Oregon Capital Partners

OSullivan Pullini

Ovum

Pauric Sweeney Bags

Pepsico

Petrofac Limited

Pfizer

Philip Morris InternationalPitney Bowes

Placement Consulting

PRTM

Rabobank

Regents Park Heart Clinics

Resolution Life Group

Rio Tinto

Roland Berger

Royal Bank of Scotland

Samsung Securities

Saudi Aramco

SEI Investments

Serabi Plc

SG Cowen

ShellShirron Investments

Siebel Systems Limited

Skinkers Plc

Skype

Sonaecom

Sony

Sony Ericsson Mobile

Communications

Sony Pictures Television

International

Standard Chartered Bank

TRowe Price International

Taiwan Semiconductor

Manufacturing Company

LimitedTerra Firma Capital

Tesco Plc

The Hunger Project-UK

The Parthenon Group

TK Maxx

Treajean

UBS

Unibanco

United Nations Development

Program

UPS

UnLtd

UTStarcom

Valuentis

Virgin UniteVodafone Group

Warden International Ags P Limited

Water Industry Commission of

Scotland

Watson Wyatt

Wharton Asset Management

Willis Group Limited

World Bank

WPP Group Plc

Yahoo!

Zodiac Maritime Agencies Limited

ZS Associates

Zurich Municipal

Companies inboldhired three or

more students


7/16

(Non UK)


MBA 2005 Class Profile

Nationality

Number of Students 296Female 23%

Average Age 29 years

Age Range 24-35 years

Average Work Experience 6 yearsAfrikaans

Arabic

Bengali

Bulgarian

Catalan

Chinese Cantonese

Chinese Hokkien

Chinese Mandarin

CroatianCzech

Danish

Dutch

English

Farsi

French

Georgian

German

Greek

Gujarati

Hebrew

Hindi

Hungarian

Indonesian

Italian

Japanese

Khazak

Korean

Malay

Marathi

Norwegian

Philippine

Polish

Portuguese

Punjabi

Rumanian

Russian

Serbian

Shanghainese

Slovak

Spanish

Swahili

Swedish

Taiwanese

Tamil

Telegu

Thai

Turkish

Ukrainian

UrduVietnamese

Languages spoken by


MBA 2005 Class

Professional Background


8/16


MBA 2005 Employment Profile

% Class employed at 3 months 96%Of those

New Employer 90%

Previous Employer 7%

Starting Own Business 3%

% Reporting 93%

Management Consulting

McKinsey & Company 12

Booz Allen Hamilton 9

Boston Consulting Group 6

Deloitte 5

AT Kearney 4

Bain & Company 3

LEK Consulting 3

Marakon Associates 3

ZS Associates 3

The Parthenon Group 2

PRTM 2

Industry

BT 8

Skype 4

General Motors 3

Amazon 2

Amgen 2Johnson & Johnson 2

Philip Morris International 2

Shell 2

Financial Services

Barclays Capital 12

Citigroup 7

Lehman Brothers 7

Deutsche Bank 6

Morgan Stanley 6

Merrill Lynch 5

Credit Suisse 4

UBS 4

Goldman Sachs 3

HSBC 3

ABN Amro 2

Barclays Global Investors 2

Bear Stearns 2

Ecosecurities 2

JP Morgan 2

Standard Chartered Bank 2

Unibanco 2

Top Recruiters

Progression of Career Decisions

Industry Consulting Finance

2000 2001 2002 2003 2004 2005

27%

33%

40%

15%

45%

40%

34%

23%

43%

48%

22%

30%

32%

30%

38%

33%

25%

42%


9/16

MBA 2005 Career Decisions


Sector Breakdown

42% Finance

Investment Banking 19%

Sales & Trading 7%

Asset Management 4%

Corporate & Commercial Banking 3%

Venture Capital/Private Equity 3%

Capital Markets 2%

Retail & Private Banking 2%

Services 2%

33% Industry

Healthcare & Pharmaceuticals 5%

Manufacturing 5%

Telecommunications 5%

FMCG, Food & Beverage 4%

Technology 4%

Energy & Utilities 4%

Other 6%

25% Management Consulting

Career Changers by Destination Sector

Went into Consulting from:

Consulting 37%

Finance 20%

Industry 43%

Went into Finance from:

Consulting 34%

Finance 43%

Industry 24%

Went into Industry from:

Consulting 18%

Finance 22%

Industry 60%

Location of First Job

UK 64%

Continental Europe 14%

North America 11%

Asia 8%

Middle East 2%

Latin America 1%

Breakdown of Job Function

Finance 40%

Consulting 33%

Corporate Development/Strategic Planning 6%

General Management 6%

Business Development 5%

Project Management 4%

Marketing & Sales 3%Human Resources 1%

Operations/Logistics 1%

Insight into Student Decisions

Source of Job

Within School 71%

Outside School 29%

Resulting from Summer Internship 25%

Most Useful Job Search Tool

Career Services Job Postings 24%

Milkround Events 23%

Personal Contacts 18%

Networking 18%

Projects 6%

Alumni 4%

Student Clubs 3%

Speculative Letters 3%

Faculty 1%

Reason for Accepting Position

Job Content 41%

Company Reputation 18%

Company Culture 14%

Promotion Prospects 12%

Salary (including benefits) 9%

Geographic Location 6%

Job Security 1%


10/16

Salary Information UK Pounds US Dollars

Overall % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 25,000 114,000 59,148 58,000 45,165 205,952 106,857 104,783

Sign-On Bonus 78% 2,000 40,000 13,634 15,000 3,613 72,264 24,632 27,099

Year-End Bonus 97% 1,107 60,000 19,783 25,000 2,000 108,396 35,740 45,165

Healthcare 85%

Relocation 54%

Stock Options 20%

Car 18%

Mortgage 8%

MBA 2005 Salary Information (Converted to Dollars at 1.8066 - 26 August 2005)

By Region

UK % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 35,000 108,000 60,422 60,000 63,231 195,113 109,158 108,396

Sign-On Bonus 77% 2,000 40,000 14,712 16,000 3,613 72,264 26,578 28,906

Year-End Bonus 97% 1,107 60,000 20,254 25,000 2,000 108,396 36,591 45,165

Rest of Europe % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 30,697 99,542 56,787 54,573 55,458 179,833 102,591 98,592

Sign-On Bonus 85% 2,729 20,465 9,516 8,750 4,930 36,972 17,191 15,808

Year-End Bonus 100% 3,343 25,000 15,299 12,961 6,039 45,165 27,639 23,416

North America % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 41,514 67,170 56,078 56,736 75,000 121,349 101,311 102,500

Sign-On Bonus 77% 5,535 19,927 12,629 13,838 10,000 36,000 22,816 25,000

Year-End Bonus 90% 5,535 33,212 21,478 25,000 10,000 60,000 38,802 45,165

Asia % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 25,000 114,000 55,483 49,520 45,165 205,952 100,236 89,462

Sign-On Bonus 73% 2,500 22,141 12,096 16,541 4,517 40,000 21,852 29,883

Year-End Bonus 100% 3,000 25,000 15,118 11,227 5,420 45,165 27,313 20,282



11/16

By Sector UK Pounds US Dollars

Consulting % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 47,752 78,000 64,483 65,000 86,268 140,915 116,495 117,429

Sign-On Bonus 92% 2,690 20,000 11,833 10,616 4,861 36,132 21,378 19,179

Year-End Bonus 100% 3,000 33,212 19,585 25,000 5,420 60,000 35,383 45,165

Finance % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 25,000 114,000 59,070 58,000 45,165 205,952 106,716 104,783

Sign-On Bonus 83% 2,500 40,000 16,405 16,606 4,517 72,264 29,637 30,000

Year-End Bonus 99% 1,107 60,000 22,394 25,000 2,000 108,396 40,457 45,165

Industry % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 30,697 77,240 54,223 55,000 55,458 139,542 97,959 99,363

Sign-On Bonus 58% 2,000 22,141 9,874 10,000 3,613 40,000 17,838 18,066

Year-End Bonus 91% 3,000 52,474 15,845 10,155 5,420 94,800 28,626 18,346

Manufacturing % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 37,666 66,423 55,624 58,120 68,047 120,000 100,490 105,000

Sign-On Bonus 78% 3,000 13,838 8,270 7,768 5,420 25,000 14,941 14,033

Year-End Bonus 100% 7,533 25,000 18,962 25,000 13,609 45,165 34,258 45,165

Telecoms % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 50,000 67,000 58,175 60,000 90,330 121,042 105,099 108,396

Sign-On Bonus 22% 3,000 13,000 8,000 8,000 5,420 23,486 14,453 14,453

Year-End Bonus 100% 5,000 25,000 10,286 9,600 9,033 45,165 18,582 17,343

Technology % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 44,000 65,000 57,250 60,000 79,490 117,429 103,428 108,396

Sign-On Bonus 60% 10,000 10,000 10,000 10,000 18,066 18,066 18,066 18,066

Year-End Bonus 100% 5,000 25,000 20,000 25,000 9,033 45,165 36,132 45,165

Healthcare % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 45,000 65,000 51,577 47,752 81,297 117,429 93,179 86,268

Sign-On Bonus 75% 2,000 22,141 13,458 12,535 3,613 40,000 24,313 22,646

Year-End Bonus 75% 3,000 52,474 20,886 25,000 5,420 94,800 37,732 45,165

FMCG % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 35,000 77,240 53,282 47,401 63,231 139,542 96,259 85,634

Sign-On Bonus 75% 2,000 15,448 9,387 8,303 3,613 27,908 16,959 15,000

Year-End Bonus 88% 3,972 8,827 6,584 6,768 7,176 15,948 11,894 12,226

Energy % Receiving Min Max Mean Median Min Max Mean Median

Annual Salary 100% 57,984 66,423 61,308 60,000 104,754 120,000 110,759 108,396

Sign-On Bonus 67% 6,822 18,000 11,434 10,457 12,324 32,519 20,657 18,892

Year-End Bonus 86% 6,000 25,000 17,564 25,000 10,840 45,165 31,732 45,165



12/16


MBA 2006 Class Profile

Number of Students 303Female 23%

Average Age 28 years

Age Range 23-35 years

Average Work Experience 6 years Afrikaans

Arabic

Bengali

Catalan

Chinese Cantonese

Chinese Hokkien

Chinese Mandarin

Chinese Teochew

Croatian

Czech

Danish

Dutch

English

Farsi

Finnish

French

German

Greek

GujaratiHebrew

Hindi

Hungarian

Indonesian

Italian

Japanese

Kannada

Korean

Malayalam

Marathi

Norwegian

Panjabi

Philippine

Portuguese

Punjabi

Rumanian

Russian

Slovak

Spanish

Tamil

Telegu

Turkish

Urdu

Vietnamese

Languages spoken by


MBA 2006 Class

Western Europe (Non UK)

Eastern Europe

Professional Background

Nationality


13/16


Sector Breakdown

Finance 44%

Investment Banking 20%

Asset Management 7%

Venture Capital/Private Equity 6%

Sales & Trading 4%

Retail & Private Banking 3%

Capital Markets 2%

Other 2%

Industry 37%

Healthcare & Pharmaceuticals 6%

Energy & Utilities 5%

FMCG, Food & Beverage 5%

Manufacturing 5%

Technology 3%

Telecommunications 3%

Distribution & Transport 2%

Media 2%

Not for Profit 2%

Retail & Wholesale 2%

Other 2%

Management Consulting 18% 18%

Start-Ups 2% 2%

100% 100%

Breakdown of Job Function

Finance 41%

Consulting 24%

Business Development 12%

Corporate Development/Strategic Planning 10%

Project Management 5%

Marketing & Sales 3%

Human Resources 2%

General Management 1%

Operations/Logistics 1%Information Technology 1%

Insights into Student Decisions

Source of Job

Within School 84%

Outside School 16%

Most Useful Job Search Tool

Milkround Events 32%

Career Services Job Postings 26%

Networking 18%

Personal Contacts 13%

Alumni 6%

Student Clubs 4%

Speculative Letters 2%

Reason for Accepting Position

Job Content 45%

Company Reputation 26%

Company Culture 11%

Promotion Prospects 8%

Geographic Location 6%

Salary (including benefits) 3%

MBA 2006 Summer Employment Report(Summer Internships/Projects)

% Class employed 99%Of those

New Employer 92%

Previous Employer 4%

Self-Employed or Contracting 4%

% Reporting 99%

% Seeking 99%


14/16


Finance

Lehman Brothers 11

Barclays Capital 10

American Express 7

Citigroup 7

Deutsche Bank 7

Credit Suisse 6

Bank of America 5

Barclays Global Investors 5

Goldman Sachs 5

Morgan Stanley 5

Actis Capital 4

UBS 4

Houlihan Lokey Howard & Zukin 3

JP Morgan 3

Merrill Lynch 3

BBVA 2

SEI Investments 2

Industry

Shell 6

Diageo 4

Eli Lilly 4BP 3

DHL 3

BAA Plc 2

Discovery Networks 2

Dubai World Trade Centre 2

EMAP 2

Expedia 2

Johnson & Johnson 2

Medtronic 2

Skype 2

Sony Pictures Television International 2

Virgin Unite 2

Water Industry Commission of Scotland 2

Management

McKinsey & Company 7

London Business School Summer Consulting 6

Accenture 5

Booz Allen Hamilton 4

AT Kearney 3

LEK Consulting 3

Bain & Company 2

Deloitte 2

Marakon Associates 2

OC & C 2Boston Consulting Group 2

Valuentis 2

Top Internship Recruiters

MBA 2006 Summer Employment Profile

Weekly Compensation

(Converted to Dollars at 1.8066 - 26 August 2005)

UK Pounds Min Max Mean Median

Consulting 400 1,667 1,123 1,143

Industry 50 1,250 641 683

Finance 200 1,500 972 1,100

Overall 50 1,667 907 1,000

US Dollars Min Max Mean Median

Consulting 723 3,011 2,028 2,065Industry 90 2,258 1,157 1,235

Finance 361 2,710 1,757 1,987

Overall 90 3,011 1,639 1,807

Geography

UK 67%

Continental Europe 14%

Asia 8%

North America 7%Latin America 2%

Middle East 1%

Africa 1%

100%


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2005 Employment Report

Documents

Transcript of 2005 Employment Report