QS TopMBA.com Jobs & Salary Trends Report
By Nunzio Quacquarelli, MA Cambridge, MBA Wharton
Introduction 1. 1.1. 2. 3. 4. 5. 5.1.1. 5.1.2. 5.1.3. 5.1.4. 5.1.5. 5.1.6. 5.2. 5.2.1. 5.2.2. 5.2.3. 5.2.4. 5.2.5. 5.3 5.4. 5.5. 5.6. 6. 6.1. 6.2. 6.3. 6.4. 6.5. 6.6. 6.6.1. 6.6.2. 6.6.3. 6.6.4. 6.6.5. Summary of key MBA hiring trends in 2012 Summary of key MBA recruiting trends Summary of key MBA salary trends in 2012 Demographics & sample of MBA employer respondents Long-term trends in MBA jobs 1990-2012 Demand for MBAs around the world in 2012/13 MBA jobs trends in US & Canada MBA jobs trends in Latin America MBA jobs trends in Western Europe MBA jobs trends in Eastern Europe MBA jobs trends in Asia-Pacific MBA jobs trends in Middle East & Africa MBA jobs by sector in 2012 and forecast for 2013 MBA jobs in consulting MBA jobs in financial services MBA jobs in technology MBA jobs in general industry MBA jobs in pharmaceuticals and healthcare Functional roles on offer to MBAs Preferred MBA experience levels Key MBA skills 5 7 7 10 12 15 18 20 21 22 25 25 27 28 29 30 32 33 35 36 37 38 3
The Global MBA recruitment market – a profile of employer recruiting patterns and target nationalities 40 (by region) MBA salaries and compensation Overview of regional MBA compensation in 2012 Comparing local and international employer compensation offers in 2012 Comparing MBA salaries in North America and Western Europe 2010-2012 MBA salaries and bonuses by industry sector in 2012 Strategies for MBA salary analysis Regional & country review of MBA salaries & bonuses in 2012 USA & Canada Latin America Western Europe Eastern Europe Asia Pacific & Oceania 42 42 43 45 46 48 49 51 53 53 55 56
Since 1990 QS Intelligence Unit, in collaboration with TopMBA.com, has conducted an annual survey of MBA employers worldwide to determine trends in international salaries and recruitment. QS is proud to produce the longest established, geographically broadest and most comprehensive global review of MBA jobs and salary trends. The 2012 International Employer Survey is more extensive than ever and presents an unrivalled overview of the world MBA recruitment market. For the purpose of this report, responses were received from 3,305 (2,157*) respondents from companies in 42 (40) countries, actively recruiting MBAs*. This represents approximately three times the response of the GMAC MBA Employer survey and approximately ten times the response level of the Businessweek MBA Employer survey. 5
The 2012 QS Global Employer Survey was conducted between March and July 2012. * Comparative figures for 2011 are shown in brackets throughout the report ** QS Global Employer Survey also collects responses from companies seeking to hire Masters and undergraduate-level students. In total 25,000 employer respondents contributed to our survey and reports in 2012 Who will be interested in the survey? This research will be of interest to all who follow the international MBA and recruitment market. It will help three groups in particular to make informed strategic decisions: Î Companies and agencies that recruit MBAs Î National and international recruiters will find the survey useful in managing human resource policies, such as whether to determine salaries globally or locally, and whether to benchmark their salaries against peer institutions.
Î Business school administrators and career services offices worldwide Î MBA program administrators and career services professionals will find the survey valuable for providing guidance to students and managing relationships with recruiters. Î Current and future MBA graduates Î MBAs can use the research to determine which industries and geographies to pursue in their MBA jobs search, and to help negotiate an optimum compensation package. About the contributors Î Editor–Nunzio Quacquarelli is founder and managing director of QS Quacquarelli Symonds Ltd, publishers of TopMBA. com and organizers...