EMBA ‘18 Employment Statistics

44Participants

13Nationalities

30%Women

15 yearsAverage work experience

234

62

30%

1-45 yearsyears of experience

s one of the top EMBA programmes in the world, INSEAD’s Executive MBA participants go through a rigorous all-round transformation process that redefines their leadership skills as

well as their career aspirations. Almost 80% of our executive students expect to see a positive change in their career progression when joining INSEAD. Their aspiration quickly materializes as just halfway through the programme, two out of ten achieve an internal promotion, external acceleration or start their own business.

At 18 months post-graduation, almost 96% of our Global Executive MBA and Tsinghua-INSEAD Executive MBA alumni are employed across a variety of sectors, geographies and functions among top recognized employer brands or create their own ventures.

Almost half of those who entered their programme as individual contributors climbed the ladder to more senior roles internally or externally. Of those who have already achieved senior roles, many decided to create their own ventures. Overall, GEMBA & TIEMBA graduates achieved a 25% compensation increase post-programme. It is worth noting that this percentage increase could had been higher, if we consider that those who created their own ventures and transitioned from high-end corporate careers, had to leave higher compensations for starting their entrepreneurial life. Our graduates had reported that though compensation was important, career fulfillment was higher on their personal aspirations’ agenda.

It is also remarkable that many graduates remained with current employers and experienced twice as high compensation increases when compared to those who switched employers and roles. This is evidence that the Executive MBA is valued by employers for internal accelerators and a preferred way for them to retain high potential talent.

From internal accelerators and career switchers to aspiring entrepreneurs, the INSEAD Executive MBA is a truly diverse miniature of the world. Each class has an unparalleled diversity of nationalities and business backgrounds that is reflected in the career paths our graduates follow. What they all have in common, though, is their strong desire to take action towards making their dream a reality.

“Without action, the world would still be an idea.” --Georges Doriot, INSEAD Founder

We welcome you to our inaugural Employment Statistics report for the class of EMBA ’18.

Class ProfileGEMBATIEMBA

39 yearsAverage Age

36 years

Stella MantechouAssociate DirectorCareer Development for Working Professionals

A

Survey Participants (response rate: 70%)

Career Destinations

Employment Rate

GEMBAEurope

69GEMBAAsia

60GEMBAMiddle-East

37TIEMBA23

Total189

96%of graduates are employed 18 months post graduation96%96%96%51% remaining in the

same company

32% changing company

13% in their own company

More than two-thirds of INSEAD EMBA graduates work in Financial Services, TMT, Energy or Manufacturing/ Conglomerates.

Top Functions

General Management21%

Business Development10%

Finance9%

Sales8%

Strategy & Corporate Planning7%

Marketing6%

Financial Services 21%

TMT 19%

Energy 14%

Manufacturing/Conglomerates 14%

Retail, Consumer & Luxury Goods 7%

Consulting 7%

Healthcare 6%

Transportation 3%

Public Sector & Impact Economy 3%

Primary Industry 2%

The majority of participants joining INSEAD for the Executive MBA programme were Managers, Vice-Presidents or Directors.

18 months post graduation, the number of Individual Contributors, Managers and Vice-Presidents decreased as graduates progressed to more senior positions (Director, C-Level) or created their own ventures.

Types of Change

Change in Professional Status

Changed 3 dimensions - sector/function/geography

Changed function and country

Changed sector and function

Changed sector

Changed function

Changed geography

4%

27%

3%

11%

15%

12%

Individual Contributor

Manager Vice President Director EntrepreneurC - level executive

5%

10%

15%

20%

25%

30%

35%

AfterBefore

8%6%

14% 13% 12%

18%

3%

10%

34%

22%

29%31%

INSEAD was essential to develop the skill set for achieving a major career change - I changed geographies, roles and industries from being a Senior Diplomat to becoming an Investment Director.

Eduardo FonsecaGEMBA ‘18

53% of Individual Contributors progressed to more senior roles and 7% became entrepreneurs.

Among the INSEAD graduates who entered the programme as individual contributors, you will find the Regional Sales Director of a software multinational, the Regional Manager of Glencore and the Asset Manager of Total.

Individual Contributors occupy now regional or global roles such as Global Product Manager, Regional Sales Director or Head of Corporate Development.

31% of the Managers secured more senior positions and 12% of them created their own ventures.

Among the graduates from the Executive-MBA programme who were Managers at the beginning of the programme, you will find the Commercial Director of Travelport, the CIO of the International Committee of the Red Cross, the Chief Transformation Officer of Renault and the Head of Productivity of the Ministry of Economy and Planning in Saudi Arabia.

Individual Contributor positions 18 months post graduation

26% of the students who entered the programme as VPs occupy Director or C-level Executive positions. 11% decided to launch their own ventures.

Among the graduates from this level, you will find the Director Trade and Working Capital of BNP-Paribas, the CFO of a company from the renewable sector, the Associate Director of RBC Capital Markets and the CEO of a large Telecommunication company in Kazakhstan.

VP positions18 months post graduation

40%

20%

7%

13%

13%

7%

Individual Contributors

VPs

Directors

C- level Executives

Entrepreneurs

7%

7%

19%

56%

11%

Manager positions 18 months post graduation

Individual Contributors

Managers

VPs

Directors

C- level Executives

Entrepreneurs

Individual Contributors

Managers

VPs

Directors

C- level Executives

Entrepreneurs

3%

55%

2%

21%

8%

12%

Moving Up

A large majority of the EMBA participants changed employment status after graduation (79%).

Of those participants who declared a change in their employment status during their studies, 27% had created their own ventures, 27% had accepted a new role within the companies in which they were already employed, and 46% had received a new job offer with a new employer.

Of those participants who declared a change in their employment status after the completion of their studies, 9% had created their own ventures, 42% had accepted a new role within the companies in which they were already employed, and 49% had received a new job offer with a new employer.

Some Executive MBA graduates were aiming at radical career changes and secured positions in industries which required sometimes to enter at a lower level than their prior role.

For example, a graduate moved from a Chief Commercial Officer position in the TMT sector to an Engagement Manager position at McKinsey. Another left his career as an Ambassador to become an Investment Director in Private Equity. And finally a Chief Transformation Officer moved to a Head of Supply Chain Products role in the Transportation sector.

These career transitions are important to be taken into consideration when looking at this report. Though they may appear to be a regression in titles, as a matter of fact they are major career progressions based on individual aspirations.

7% of the Directors progressed to C-level executive positions and 11% decided to launch their own ventures

Among them, you will find the General Manager of Revlon Russia, the Group COO of Axiom Telecom in Dubai and the Deputy CEO of Sathapana Bank in Cambodia.

Director positions18 months post graduation

Managers

VPs

Directors

C- level Executives

Entrepreneurs

2%

13%

67%

7%

11%

Two-thirds of the C-level Executives remain at this level 18 months after graduation and progressed at this level.

10% have decided to create their own companies.

C- level Executives18 months post graduation

Employment Status Change

Managers

VPs

Directors

C- level Executives

Entrepreneurs

10%

5%

10%

67%

10%

After graduation

During the course of the EMBA programme

79%

21%

Moving On

The programme gave me the strength and knowledge to start something by myself.

Arnaud BertrandGEMBA ‘18

A majority of graduates are currently working in the corporate sector. More graduates are currently working in the consulting and TMT sectors and a total of 19 students had declared that they created their own ventures.

26% of the EMBA participants joined a different sector post graduation.

The split of sub-sectors 18 months after graduation has drastically changed. The percentage of EMBA participants remaining in IB/banking/Sales & Trading has decreased from 33% to 23% while there is a 3% and 12% increase in those who have moved to Financial Services and Private Equity respectively.

A significant number of graduates joined the E-Commerce/Internet sector (20% vs 6% before the EMBA)

Post-INSEAD sector

TMT breakdown

Financial Services breakdown

Consulting Financial Services

TMT

Corporate Sector

5%

7%

18%

20%

21%

21%

56%

52%

Post-INSEAD sectorPre-INSEAD sector

Financial Services

Investment Banking/ Banking/ Sales & Trading

Investment Management/ Hedge Funds

Other Financial Services

Private Equity/ Venture Capital

32% 23% 13% 13% 19%

E-Commerce/ Internet

Information Technology/ Telecommunications

Media, Entertainment and Advertising

20% 69% 11%

Most of the EMBA graduates currently working in the Corporate Sector work with Energy and Manufacturing companies.

More graduates joined the Retail, Consumer & Luxury Goods (+4%) and the Healthcare sector (+3%).

Corporate Sector breakdown

Energy Healthcare

Corporate Services

Manufacturing/ Conglomerates Public Sector

& Impact Economy

Primary Industries

Real Estate

Transportation

Travel & Hospitality

EducationRetail, Consumer & Luxury Goods

4%

6%

1% 6%

3%

2%

1%

27% 11% 26% 13%

Sector Transitions

The Executive MBA programme at INSEAD was a great opportunity for participants to re-invent their careers and switch sectors.

Most participants from the Financial Services sector pursued their career in Financial Services, IB/Banking/Sales & Trading, Private Equity/Venture Capital, Other Financial Services and in Investment Management.

Some students switched to other sectors such as Consulting (3%), Energy (5%) or Manufacturing (3%).

5 companies were created in Investment Management, Private Equity and Manufacturing from participants from the Financial Services sector.

Two-thirds of the participants coming from consulting stayed in this sector.

The participants who left consulting joined companies from the Energy, E-commerce and Public Sector occupying roles in Corporate Development, Product Management or as Strategic Advisors.

2 companies were created in the Consulting sector post graduation.

Switching GearsSector change

Financial Services

Investment Banking/ Banking/ Sales & Trading

Investment Management/ Hedge Funds Other Financial

Services

Private Equity/ Venture Capital

Real Estate

Consulting

Public sector & Impact Economy

Energy

Manufacturing/ Conglomerates

3%

3% 5%

28%

5%

3% 23%

10%

10%

13%

Financialservices

Consulting

E-commerce/ Internet

Energy

Public sector & impact Economy

67%

11%

11%11%

Consulting

INSEAD has been a turning point in my career, building confidence that anything could be achieved. As a result, I dared to challenge the status quo and swapped over 25 years corporate experience into an entrepreneurial and portfolio career as the founder of a Wine Adventure (awineadventure.com) and about to start a Managing Director position in a tech scale-up within 3 years from graduation.

Mireille GiraudGEMBA ‘18

While 80% of the participants coming from the TMT (IT, Telecoms, Media, E-commerce) sector stayed in the same sector, some students joined new industries such as Consulting (9%), Private Equity/VC (6%), Financial Services (3%) and Energy (3%).

9 companies were created in the TMT sector since graduation.

Almost 75% of the students from the Corporate Sector pursued their careers in Manufacturing, Energy, Retail Consumer & Luxury Goods and in Primary Industries.

14 companies have been created by participants from the Corporate Sector in Consulting, Healthcare, Manufacturing, Investment Management, PE/VC, Retail Consumer & Luxury Goods, Travel & Hospitality.

I believe that the Executive MBA was key to my career transition, where the INSEAD education fosters your personality, helps you to deep dive in your interpersonal skills and gives you direction in shaping up your next career steps.

Gaël MagdaGEMBA ‘18

Information Technology/ Telecommunications

Media, Entertainment and Advertising

Financial Services

Energy

E-commerce/ Internet

Consulting

Private Equity/ Venture Capital

60%

11%9%

9%6%

3%

3%

TMT

Information Technology/ TelecommunicationsConsulting

Corporate Services

Private Equity/ Venture Capital

Travel & Hospitality

Retail, Consumer & Luxury goods

23%

3%

3%

2%

1%

3%

2%

1%

1%

6%Manufacturing/ Conglomerates

26%

Energy

Healthcare

Transportation

Education11%

13%

Primary Industries

4% Public sector & Impact Economy

Investment Management/ Hedge Funds

Corporatesector

28% of the EMBA graduates pursued their career in a different country.Candidates from the Middle-East/Africa and Asia Pacific moved to Europe and North America.

The most popular destinations where INSEAD EMBA graduates pursued their careers were Singapore, UAE, France and Switzerland.

27% of the EMBA graduates currently working in Singapore were working in a different country before joining INSEAD.

93% of the EMBA currently working in the UAE worked in the same region before joining INSEAD.

Top Locations

Geographical change

A change of Scenery

Post-INSEADPre-INSEAD

Singapore

Australia

China

UAE

France

Italy

27% 30%

10% 6%

3%

3%

India

US

GermanyThe Netherlands

Switzerland

24%

14% 13%

5% 5%

3% 5%

6%

4%

4% 4%

6% 8%

UK

21%

North America Latin America

Middle East Africa

Asia Pacific

37%

35%

25%

20%

35%

40%

1%

1%

2%

4%

Europe

Post-INSEADPre-INSEAD

When comparing the pre-programme compensation packages to the current reported ones, we see several increases that are driven by the career switches of EMBA graduates. The below data is based upon 167 self-reported salaries across different location, sectors and geographies.

Average base salary increase

USD 36,400

Average performance bonus increase

USD 21,000

Average overall compensation increase

USD 57,400

Compensation Trends

+22%

+35%

+25%

Those who remained with the same employer and changed position reported

a compensation increase of 28%and those who changed employer and role reported a compensation increase of 13%.

The average annual compensation at the beginning of the programme was USD 228,550 and reached USD 286,00018 months post graduation.

88% of the graduates reported a salary. Out of them,

84% received a Performance Bonus.

Participants from the GEMBA/TIEMBA programmes

increased their annual compensation by

25% on average.

The highest salaries were in the following sectors:

The most significant compensation increases were:- A candidate moving from a Director to CEO position in Financial Services- A candidate moving from Head of Business Unit to a Global Sales Director role in the Transportation sector- A student who progressed to a more senior role in the Media industry

Compensation 18 months post graduation

Number of Salaries Range Mean Median Median Performance Bonus 167 35 300 - 700 000 205 200 181 500 52 450

TransportationPrimary Industries

Consumer Goods

Financial Services

Manufacturing

Energy Real Estate Healthcare

TMT

I have become a better negotiator, more confident. I will be launching two more companies going forward.

Rajeev KarthikeyanGEMBA ‘18

Region Number of Salaries Range Mean Median Median Performance BonusAfrica 7 85 900 - 217 800 161 500 178 400 -North America & Canada 7 82 000 - 275 000 170 300 150 000 -Asia Pacific 58 35 300 - 661 300 218 716 192 950 73 500Eastern Europe 7 66 500 - 223 000 145 600 157 000 32 850Middle East 30 70 500 - 700 000 220 900 207 100 50 000Southern Europe 5 84 400 - 247 800 154 300 130 000 -Western Europe 48 77 200 - 483 100 204 800 178 400 59 450

Overall Compensation Packages across all sectors, functions and geographies

Number of Salaries Range Mean Median Median Performance Bonus 19 44 100 - 661 300 252 100 204 500 163 400

Entrepreneurs

Compensation Trends per Region

Region Number of Salaries Range Mean Median Median Performance BonusUSA 6 82 000 - 275 000 157 000 140 000 -China 7 118 000 - 518 000 278 800 221 000 159 000India 5 81 500 - 204 500 117 400 95 400 -Singapore 33 35 300 - 661 300 218 300 189 700 73 500United Arab Emirates 25 70 500 - 326 800 207 200 204 200 50 000France 15 89 200 - 333 100 156 800 133 100 38 100Switzerland 9 99 200 - 483 100 266 800 193 000 55 100The Netherlands 5 160 500 - 288 800 213 000 208 200 59 500United Kingdom 5 77 200 - 201 900 142 000 154 300 -

Compensation Trends per Country

Important Note: salary data in the break down sub-tables are presented where at least 5 salaries were reported. All salaries are in USD.

Job Category across all Number Range Mean Median Median sectors, functions and geographies of Salaries Performance BonusC-level Executive 34 80 600 - 587 900 259 600 237 200 74 300Director 54 35 300 - 483 100 192 600 195 600 54 000Individual Contributor 9 84 400 - 254 000 153 000 150 000 22 000Manager 35 46 900 - 369 800 151 000 137 300 27 900Self-employed / Entrepreneur 11 44 100 - 661 300 220 700 173 600 73 700Vice President 24 95 400 - 700 000 247 900 209 650 61 850

Compensation Trends by Seniority

Region Job Category Number Range Mean Median Median of Salaries Performance BonusAsia Pacific C-level Executive 11 141 100 - 587 900 304 800 229 300 94 050 Director 19 35 300 - 367 400 190 100 198 400 50 900 Manager 12 46 900 - 369 800 169 100 142 100 38 650 Self-employed / Entrepreneur 6 44 100 - 661 300 296 800 212 750 - Vice President 7 95 400 - 518 000 212 800 176 300 86 300Middle East C-level Executive 5 144 300 - 326 800 268 100 297 300 73 500 Director 12 75 000 - 326 800 209 600 207 100 40 000 Manager 6 70 500 - 210 000 130 400 135 000 21 800 Vice President 5 151 300 - 700 000 306 700 250 000 68 600Western Europe C-level Executive 11 95 100 - 463 900 273 000 285 500 107 000 Director 16 102 900 - 483 100 199 000 188 550 62 850 Manager 12 77 200 - 333 100 149 700 137 900 23 850

Compensation Trends by Seniority per Region

Important Note: salary data in the break down sub-tables are presented where at least 5 salaries were reported. All salaries are in USD.

Important Note: salary data in the break down sub-tables are presented where at least 5 salaries were reported. All salaries are in USD.

Main Sector Number Range Mean Median Medianacross all geographies of Salaries Performance BonusConsulting 13 75 000 - 661 300 275 600 440 800 189 200Corporate Sector 87 35 300 - 700 000 202 500 183 700 38 600Financial Services 34 66 500 - 463 900 195 400 172 450 58 250TMT 33 63 900 - 587 900 194 700 190 600 72 450

Compensation Trends by Sector

Main Sector Region Number Range Mean Median Median of Salaries Performance BonusConsulting Asia Pacific 6 203 500 - 661 300 442 500 440 800 189 200Corporate Sector Asia Pacific 28 35 300 - 500 000 185 800 180 000 36 700 Middle East 18 70 500 - 700 000 223 500 195 300 37 500 Western Europe 25 89 200 - 483 100 218 100 186 400 54 550Financial Services Asia Pacific 12 95 400 - 438 700 191 800 162 600 56 950 Middle East 5 147 000 - 326 800 248 200 250 000 54 500 Western Europe 12 95 100 - 463 900 196 700 167 050 59 450TMT Asia Pacific 12 63 900 - 587 900 210 600 209 400 89 650 Middle East 5 140 000 - 297 300 215 400 204 200 - Western Europe 9 77 200 - 333 100 196 000 180 700 115 950

Compensation Trends by Sector per Region

Main Sector Sub-Sector Number Range Mean Median Median across all geographies of Salaries Performance BonusConsulting Consulting 13 75 000 - 661 300 275 600 440 800 189 200Corporate Sector Energy 23 70 500 - 468 600 204 700 252 250 135 200 Healthcare 10 108 200 - 416 100 217 800 221 000 73 700 Manufacturing/Conglomerates 23 81 500 - 700 000 208 900 196 200 55 500 Public Sector & Impact Economy 6 85 900 - 352 100 194 100 165 000 - Retail, Consumer & Luxury Goods 11 35 300 - 500 000 157 100 119 900 36 700 Transportation 5 130 000 - 475 500 277 300 153 150 -Financial Services Investment Banking/Banking/Sales & Trading 8 66 500 - 463 900 199 500 181 950 47 250 Other Financial Services 15 80 600 - 438 700 196 100 160 500 53 550 Private Equity/Venture Capital 6 95 400 - 245 100 170 700 174 800 59 400TMT E-Commerce/Internet 7 82 000 - 245 100 153 200 117 300 - Information Technology/Telecommunications 22 77 200 - 587 900 203 300 186 050 65 800

Compensation Trends by Sub-sector

Where EMBA’18 alumni are employed after graduation

The A list

1000 AlternativesAdnoc DistributionAirbus Defence and SpaceAlmabani General ContractorsAmaury GroupeAonAquamaAramcoArca BlancaAriela Ventures Pte LtdAustral HoldingAvicenaTech CorpBayerBenelux Succession CapitalBHPBiolitec AGBNP ParibasCaresoft GlobalCKMbT International Pte LtdCMA CGMCOFCO InternationalCompanjonCrescent EnterprisesCybrikDiagonal InvestDubai Airport Freezone Authority - DAFZAEastman Chemical CompanyEast West United Bank S.A.EatonEIT DigitalEndeavour EnergyEniEva GrupeFACIFirst Abu Dhabi BankGarrettGEA GroupGlencore Government of Abu DhabiGROHEGrove86 Group LLC

Hello ChefHill International, Inc.Hilti GroupHITEC Luxembourg S.A.HotellerieSuisseInternational Committee of the Red Cross - ICRCIntegrated Spaces LimitedJAM ConsultancyKazTransComKearneyKingfisher PlcKoukon LtdLeap green energy Pvt LtdLighthouse cantonMaerskManar Military ConsultancyMarkenMaserati MCA Côte d'IvoireMcDermott International, LtdMédecins sans frontièresMerck KGaAMFP ServicesMinistry of Economy and Planning – Saudi ArabiaMO Batteries Singapore Pte LtdMTN MubadalaNavtech Marine ServicesNoveo FinanceNufin DataNuveenOdfjell DrillingOLX GroupOoredoo GroupOryx EnergiesOvant DistillationsPeryton Biomedical GmbHPlutos GroupPrada GroupPrecision Surfacing SolutionsQala Investments

RainmakingRecycling SolutionsResMedRevlonRodrigo CamposRoyal Bank of CanadaRoyal Dutch ShellRTL Group S.A.SaipemSanusXSAPSchlumbergerSiemensSingHealthSociété des Ciments du Bénin (SCB)Société GénéraleSourced GroupSplunkSpotifyS.S. Balbir Brothers Pte LtdStandard Chartered BankSysmex Middle East FZ-LLCSwiftTata Consultancy ServicesTechnipFMCThe boutique vibeThermoFisher ScientificThomson ReutersTiong Tat Printing Industry SDN BHDTitan Technologies CorporationTotalTractebelTransfast, a MasterCard CompanyTravelportUnitech Printed Circuit Board Corp U.S. Department of StateVotorantim CimentosWestern Union Business SolutionsZero Mass WaterZoundream AG

The INSEAD Alumni Association

INSEAD has more than 61,000 alumni in more than 175 countries, and the INSEAD Alumni Association is a highly active network with 49 individual National Alumni Associations (NAAs) running regular events. It is one of the most globally distributed alumni associations in existence, which means that you will have INSEAD contacts wherever you travel in the world.

The EMBA Alumni Network

GEMBA Alumni across the world

>200 >100 >50 >10 >5 <5Number of AlumniTotal of 2134 Executive MBA alumni

The INSEAD alumni community is global and interconnected. You can ask any question and – even if you don`t get the answer right away – someone will know who to ask.

Hian GohGEMBA ‘04

The Tsinghua Alumni Association

Tsinghua has more than 170,000 alumni, who are supported through a vast network with organised groups in more than 100 Chinese cities and more than 30 countries. The strength of this community derives from the strong sense of belonging to Tsinghua, an institution that has a unique position in Chinese society and global prestige.

TIEMBA Alumni across the world

>100 >50 >10 >5 <5Number of AlumniTotal of 452 alumni who consist of 388 TIEMBA and 64 TEMBA

When I face some troubles or if there is something I want to check around, the first thing that comes into my mind is to drop a message to my classmates.

Czhang LinTIEMBA ‘15

FontainebleauEurope Campus

SingaporeAsia Campus

Abu DhabiMiddle East Campus

Tsinghua UniversityMain Campus, Beijing

San FranciscoHub for Business Innovation

INSEAD:Four Global Locations

TIEMBA: Bridging the East and West

INSEAD's modular Global Executive MBA programme (GEMBA) takes place in fully integrated campuses across three regions: Europe (France), Asia (Singapore) and the Middle East (Abu Dhabi). The GEMBA offers experienced executives an intensive 14 to 17-month fast-track to the top via one of the world’s most prestigious and multicultural business schools.

The Tsinghua – INSEAD Executive MBA (TIEMBA) is a unique partnership between INSEAD, one of the world's leading business school, and Tsinghua, one of China’s most prestigious universities. The programme takes place across INSEAD’s three campuses in Singapore, Abu Dhabi and Fontainebleau (France), and Tsinghua’s campus in Beijing.

INSEAD Europe CampusBoulevard de Constance77305 Fontainebleau Cedex, FranceT +33 (0)1 60 72 41 91

INSEAD Asia Campus1 Ayer Rajah AvenueSingapore 138676T +65 6799 5191

INSEAD Middle East CampusAl Khatem Tower, Maryah IslandADGM SquareP.O. Box 48049Abu Dhabi - UAET +971 2 651 5200

For more information email: wpcareer@insead.eduwww.insead.edu