A WORLD of TALENT Employment Statistics 2017

MBA PROGRAMME

A WORLD OF TALENT Employment Statistics 2017

The Business School for the World® 3 CONTENTS

Introduction 02 A World of Talent 03 Profile of 2017 INSEAD MBA Graduates 06

Full-time Jobs 07 Job Locations 10 • Career Changes 11 • Compensation Trends by Region and Country 13 • Management Consulting 15 • Financial Services 18 • Technology, Media & Telecommunications (TMT) 21 • Corporate Sectors (excluding TMT) 25 • Entrepreneurship 30

Summer Internships / Projects 31 • Monthly Base Salaries 32

Employers of 2017 INSEAD MBA graduates 34 • Top Employers 34 • The Corporate Associate Programme 34

Working with The Career Development Centre 35

List of Recruiting Companies 37 1 FROM THE DIRECTOR

This year an impressive 90% of our 2017 MBA students (December 2016 and July 2017 graduates) reported receiving an offer three months post-graduation as compared to 89% in 2016

The average annual base salary and median sign-on company brands and conglomerates. We now bonus also saw increases from the previous year at count four mid-size companies within the top US$ 104,800 and US$ 25,000 respectively. INSEAD, employers list. as the business school for the world, maintained its diverse and global footprint; 2017 students accepted Mirroring innovation in the market and to meet the offers in 64 countries. ever-changing talent needs of employers, the Career Development Centre team has created Consulting continues to be the most popular sector with and implemented a unique career coaching 49% of students (33% new hires and 16% returnees) model, careers core and electives curriculum, and deciding to join or remain in the industry. But, career pre-INSEAD career activities to best prepare opportunities remain high for our MBA students in other students for recruitment activities and life-long sectors. Technology, Media, & Telecommunications career management. Career education includes (TMT) holds steady in second as the most desirable experiential learning and multiple opportunities to industry among INSEAD students. For the first time ever, practice and perfect. fintech has been added as a new sub-sector with 11% of students joining this burgeoning TMT field. The shift INSEAD students complete a full-time MBA in ten occurs as more INSEAD MBAs move into companies months, learning in the most diverse business that embody the INSEAD value of business as a force school environment in the world. All while focusing for good. These companies are improving people’s lives on the good that business can do and what is by fostering fairness and increasing transparency in the happening at the intersection of business and market. Taking this shift into consideration, the society. More than ever, INSEAD students are curriculum offers an expanded range of relevant primed to solve problems and create value in a electives, and the Career Development Centre team fast moving, digital, disruptive environment. A continuously engages with new market players. special thanks goes to our recruiters who give our students the opportunity to make that difference. Our multi-campus employer engagement specialists saw more job opportunities in digital transformation and demand for talent willing to experiment and innovate in the workplace. They engaged with 600+ companies and expanded recruiting activities beyond the traditional on-campus interviewing to include networking afternoons, career treks, and talent and Katy Montgomery networking fora. Following the trend of marketplace Global Director, disruption, external and internal career events included Career Development Centre start-ups and mid-size businesses in addition to big INSEAD

02 A WORLD OF TALENT

Leadership positions in major Our campuses in Europe, Asia and international rankings Middle East provide graduates with a global perspective.

Financial Times % MBA Programme in the World two years 68 #1 in a row. 2016 & 2017 of participants transfer between campuses during the year Bloomberg Business Week #1 International MBA, 2017 #1 With employers and alumni, 2017 92 Total number of nationalities Forbes Second Highest Return on Investment of #2 any MBA Programme in the world in 2017

Students went to work in QS Global 64 MBA Rankings countries #2 MBA Programme Globally, 2018 #1 MBA programme in Asia & Europe, 2018

FT500 CEOs 705 in total number of Fortune 500 CEOs Average GMAT Score #2 who are INSEAD Alumni (2017)

03 MBA IMPACT INVESTING NETWORK & TRAINING (MIINT) COMPETITION

Three of our 17D students represented INSEAD for the first time at the MBA Impact Investing Network & Training Competition. Competing against 25 teams from the world’s best business and policy institutions, the INSEAD team took home the top prize for their solution to improve online medical education in India. We are extremely proud of our students for exemplifying the INSEAD spirit of using business as a force for good. MIINT Improving Online Medical #1 Education in India

Social Impact

Students pursued summer internships and full-time roles in the Social Impact field across all sectors (Management Consulting, Financial Services, Corporate Sectors and TMT*)

Note: MBA students can benefit from the INSEAD Social Stipend and Loan Forgiveness Award programmes if they accept employment with an organisation registered as a not-for-profit organisation, NGO, public sector organisation, for-profit social venture, or social investment firm.

* TMT stands for Technology, Media & Telecommunications.

04 Taavet Hinrikus MBA’10D CEO and Co-Founder TransferWise

05 PROFILE OF 2017 INSEAD MBA Graduates

Total MBA Average Average Work Graduates Age Years Experience Years

Gender Age Work Experience

Female 30% < 26 years 6% 1 – 2 years 6% Male 70% 26 – 28 years 43% 3 – 5 years 34% 29 – 31 years 37% 6 – 7 years 34% > 31 years 14% > 7 years 26%

Nationality Education Pre-MBA Sector

Northern, Southern 33% Business / Administration 31% Management Consulting 28% and Western Europe Engineering 28% Financial Services 22% Asia Pacific 29% Economics 12% TMT* 12% North America 15% Sciences 9% Retail, Consumer 7% Central / 9% Law / Political Sciences 6% and Luxury Goods Eastern Europe Humanities & Arts 6% Manufacturing / 7% Africa / Middle East 9% Conglomerates / Media & Communication 1% Latin America 5% Construction Other 7% Energy 7% Public Sector / 4% Social Impact Healthcare 4% Corporate Services 3% Primary Industries 3% Transportation 2% Travel / Leisure Services 1%

* TMT include: Advertising & Publishing, E-Commerce, Information Technology / Telecommunication, Fintech, Media & Entertainment 06 FULL-TIME JOBS

1029 98% 998 participants in the responded graduates participated two classes completed to the Employment in formal recruitment the INSEAD MBA Statistics Survey activities programme in Dec 2016 & Jul 2017

90% 85% 75% reported having gave us details reported received at least one of their career full salary job offer 3 months after decision information their graduation date

How did they find their job?

# % Career Development Centre & Alumni Network 445 52% Returnees and / or Sponsored Students 192 23% Own contacts 115 13% Summer Internship* 70 8% Creating own company 30 4% Total 852 100%

* Summer Internship only open to the December class (2 months, July - August); considering December class only: 17% found their job via summer internship

2017 Jobs by Sector Group

Sector choice includes returnees and/or sponsored students to best represent choices INSEAD MBA graduates make.

Management Consulting 33% (16%) Financial Services 10% (2%) Technology, Media & 19% (1%) Telecommunications Corporate Sectors 16% (3%)

07 Leadership Development or Rotational Programme 11% of graduates joined a Leadership Development or Rotational Programme providing aspiring candidates with in-depth experiences, ongoing mentorship and targeted training across a range of business areas.

08 Sebastien Missoffe MBA’05D Vice President & Managing Director France Google

09 JOB LOCATIONS

64 countries of employment post-graduation

Western Europe Central / Eastern Europe

North America 38% 4%

9% Northern Europe 2%

Asia Pacific

Southern Europe 26% Latin America 5% 6%

Africa / Middle East 10%

No single country accounted for more than 16% of jobs accepted

10 CAREER CHANGES

An Appetite for Change Changes of Business Sector

Before INSEAD Former Consultants % 7% 79 9% changed sector or 13% country or function 71%

% Former Financial Services Professionals 29 18% changed all 3 dimensions 34%

36%

12% % 53 Former TMT* Professionals changed country 5% 14%

30% 51% 54% changed sector Former Corporate Sectors Professionals 6% 21%

29% 62% 44% changed function After INSEAD

Financial Services Management Consulting Corporate Sectors TMT*

* TMT stands for Technology, Media & Telecommunications.

11 Region or country changes Nationalities: who stays home and who goes abroad*

Total: 852 Regions # Home Abroad

North America 116 32% 68%

Northern Europe 16 44% 56%

Central / Eastern Europe 77 46% 54%

Southern Europe 111 46% 54%

Africa / Middle East 79 57% 43%

Latin America 52 63% 37%

Asia Pacific 243 67% 33%

Western Europe 158 78% 22%

Within selected nationalities*

Nationalities # Home Abroad

Greek 10 0% 100% Indian 82 9% 91% Lebanese 24 21% 79% Pakistani 14 22% 78% American 74 28% 72% Canadian 42 29% 71% Russian 27 30% 70% Israeli 14 36% 64% South African 11 36% 64%

Turkish 13 38% 62%

Australian 18 39% 61%

Chinese 50 44% 56%

French 48 48% 52%

Portuguese 31 48% 52%

Spanish 27 48% 52%

Belgian 12 50% 50%

Italian 30 50% 50%

Dutch 15 53% 47%

Malaysian 10 60% 40%

British 33 67% 33%

Polish 18 67% 33%

Brazilian 29 69% 31% German 34 74% 26% Japanese 13 77% 23% * Includes nationalities with more than 10 participants Singaporean 20 80% 20%

12 COMPENSATION TRENDS BY REGION AND COUNTRY

Overall Annual Overall Annual Overall Median Overall Median Mean Salary Median Salary Sign-on Bonus* Performance Bonus* US$ 104,800 US$ 103,100 US$25,000 US$22,200 * 67% of salaries overall reported with sign-on bonus and 75% with performance bonus

By country in # Range Mean Median Median Median local currency* Sign-on Performance Bonus* Bonus*

Australia (A$) 28 80,000 – 221,000 151,200 153,000 35,000 30,000 Belgium (€) 8 70,700 – 100,000 89,000 92,500 15,000 20,000 Brazil (Real) 25 156,000 – 351,100 279,900 292,500 128,000 100,000 Canada (C$) 15 60,000 – 175,000 148,500 160,000 30,000 38,000 China (RMB) 18 442,000 – 882,700 750,500 775,000 150,000 150,000 Czech Republic 7 1,975,000 – 2,274,300 2,100,000 2,040,000 - 427,500 (Koruna) Denmark (DKK) 7 700,000 – 1,020,000 789,400 750,000 250,000 - France (€) 36 61,000 – 135,400 86,800 85,000 22,250 18,000 Germany (€) 56 55,000 – 115,000 95,000 100,000 20,000 17,500 Hong Kong (HK$) 11 700,000 – 1,100,000 883,300 854,000 200,000 232,500 India (Rupee) 6 2,200,000 – 4,400,000 3,570,000 3,900,000 - 600,000 Indonesia (Rupiah) 8 500,000,000 – 1,600,000,000 1,104,750,000 1,172,000,000 172,000,000 244,000,000 Italy (€) 14 65,000 – 80,000 76,000 75,000 16,500 21,500 Japan (¥) 11 5,100,300 – 12,500,000 8,562,000 9,000,000 1,900,000 2,700,000 Lebanon (LBP) 5 120,000,000 – 230,000,000 177,560,000 200,000,000 - - Malaysia (Ringgit) 9 100,000 – 769,000 355,500 375,000 66,000 142,500 Mexico (Peso) 6 600,000 – 1,900,000 1,477,200 1,600,000 500,000 370,000 Netherlands (€) 20 57,000 – 180,600 87,300 85,300 20,000 18,750 Poland (PLN) 12 330,000 – 390,700 358,000 360,150 - 82,500 Portugal (€) 13 44,000 – 82,000 64,800 70,000 16,000 15,000 Russia (Ruble) 7 4,620,000 – 6,500,000 5,521,400 6,000,000 - 1,950,000 Singapore (S$) 70 60,000 – 300,000 145,800 144,500 24,000 27,000 South Africa (Rand) 6 800,000 – 1,200,000 925,800 893,000 - 270,000 Spain (€) 17 50,000 – 127,500 78,000 77,000 20,000 20,000 Switzerland (CHF) 32 97,500 – 175,000 133,900 135,000 20,000 20,000 UAE (Dirham) 49 327,000 – 635,000 486,500 480,000 91,800 73,500 United Kingdom (£) 120 40,000 – 224,000 81,800 81,500 23,000 18,000 USA (US$) 52 80,400 – 220,000 134,400 131,000 25,000 26,000 Total 668

* where at least five salaries or bonuses were reported Salary data include returnees and / or sponsored students to best represent choices INSEAD MBA graduates make

13 By Region* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Africa / Middle East 79 22,900 - 221,500 118,100 130,000 25,000 20,100 Asia Pacific 174 22,000 - 215,200 99,800 103,600 20,200 22,900 Central / Eastern Europe 31 39,900 - 132,900 89,700 91,400 11,100 21,000 Latin America 40 31,600 - 156,100 88,300 91,200 31,600 29,400 North America 67 45,800 - 220,000 129,700 123,000 25,000 28,200 Northern Europe 12 97,300 - 151,900 111,000 108,300 27,700 30,400 Southern Europe 47 35,600 - 141,200 80,900 83,100 19,900 18,500 Western Europe 295 50,900 - 285,100 105,800 104,100 25,500 20,300 Total 745

* where at least five salaries or bonuses were reported Salary data include returnees and / or sponsored students to best represent choices INSEAD MBA graduates make

How salaries have evolved with selected countries: comparison over five years in local currency (median salary)

2017 2016 2015 2014 2013

Brazil (Real) 292,500 280,000 250,000 230,000 230,000 France (€) 85,000 85,000 80,000 80,000 82,800 Germany (€) 100,000 92,400 95,000 95,000 96,000 Singapore (S$) 144,500 140,000 140,000 145,000 120,000 Switzerland (CHF) 135,000 135,000 135,000 135,000 126,000 United Kingdom (£) 81,500 80,000 75,000 75,000 73,000 USA (US$) 131,000 130,000 120,000 128,000 130,000

Exchange Rates*

Currency per US$ Currency per US$ Currency per US$

Australia (A$) 0,7626 Hong Kong (HK$) 0,1285 Poland (PLN) 0,2586 Brazil (Real) 0,3133 India (Rupee) 0,0153 Russia (Ruble) 0,017 Canada (C$) 0,7640 Indonesia (Rupiah) 0,000075 Singapore (S$) 0,7172 China (RMB) 0,1467 Japan (¥) 0,0089 South Africa (Rand) 0,0753 Czech Republic (Koruna) 0,0417 Lebanon (LBP) 0,000653 Switzerland (CHF) 1,0130 Denmark (DKK) 0,1489 Malaysia (Ringgit) 0,2294 UAE (Dirham) 0,2722 Eurozone (€) 1,1076 Mexico (Peso) 0,0527 United Kingdom (£) 1,2726

* Source: Oanda.com – average exchange rate 01/12/2016 – 30/09/2017-from graduation date of 1st class (16D) to 3 months out of 2nd class (17J)

14 MANAGEMENT CONSULTING

Within Europe

United Kingdom 29% Portugal 5% Germany 13% Belgium 4% France 9% Spain 4% Italy 6% Czech Republic 3% Poland 6% Denmark 3% Switzerland 6% Other* 7% The Netherlands 5%

* includes countries where fewer than five jobs were reported: Austria, Finland, Hungary, Luxembourg, Romania, Russia, Sweden and Turkey.

Within Asia Pacific Within Americas Within Africa / Middle East Singapore 30% United States 36% United Arab Emirates 73% Australia 26% Brazil 26% South Africa 9% China 15% Canada 19% Other* 18% Malaysia 10% Mexico 8% Hong Kong 6% Other* 11% Indonesia 6% Other* 7%

* includes countries where fewer * includes countries where fewer * includes countries where fewer than five jobs were reported: than five jobs were reported: than five jobs were reported: Bangladesh, India, Japan. Colombia, Chile, Panama. Israel, Lebanon, Morocco, Nigeria and Saudi Arabia.

How did they find their job?

# % Career Development Centre & Alumni Network 236 57% Returnees and /or Sponsored Students 138 33% Summer Internship* 28 7% Own Contacts 13 3% Creating own company 1 0% Total 416 100%

* Summer Internship only open to the December class (2 months, July – August); considering December class only: 14% found their job via summer internship

15 MANAGEMENT CONSULTING SALARIES AND BONUSES

Overall Annual Overall Annual Overall Median Overall Median Mean Salary Median Salary Sign-on Bonus* Performance Bonus* US$109,000 US$107,500 US$25,100 US$23,400 * 75% of Management Consulting salaries were reported with sign-on bonus and 87% with performance bonus

By Region* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Africa / Middle East 61 60,300 – 172,800 122,000 130,000 25,000 20,000 Asia Pacific 75 22,000 – 143,400 107,200 111,900 22,900 25,100 Central / Eastern Europe 23 76,000 – 110,800 91,300 91,900 13,800 21,000 Latin America 29 48,900 – 109,000 90,500 94,000 31,600 29,300 North America 33 80,400 – 220,000 140,300 148,000 25,000 31,300 Northern Europe 9 97,300 – 120,100 107,500 108,000 31,000 31,000 Southern Europe 32 48,700 – 99,700 82,300 83,100 19,900 18,100 Western Europe 128 53,450 – 177,300 110,100 106,900 27,700 22,200 Total 390

Within Selected Countries* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Australia 21 83,900 – 129,600 116,100 116,700 26,700 22,900 Belgium 6 84,200 – 110,800 99,900 102,500 - 22,200 Brazil 17 48,900 – 106,500 91,400 94,000 40,400 31,300 Canada 11 122,200 – 133,700 123,600 122,200 22,900 30,600 China 11 110,000 – 129,500 119,700 117,300 22,000 22,700 Czech Republic 6 82,000 – 94,300 87,200 86,400 - 17,200 Denmark 6 104,200 – 120,100 111,800 111,200 37,200 - France 16 77,500 – 150,000 102,900 99,700 27,700 22,200 Germany 25 94,100 – 127,400 115,700 116,300 27,700 23,500 Hong Kong 5 107,900 – 140,000 115,250 109,700 25,300 23,800 Indonesia 5 62,550 – 107,250 88,600 87,900 12,900 26,200 Italy 12 83,100 – 88,600 85,000 83,100 18,300 25,500 Malaysia 5 80,300 – 103,200 90,500 91,300 15,100 31,000 Mexico 5 70,000 – 102,700 87,300 86,900 26,300 19,300 Netherlands 9 87,500 – 105,200 96,700 99,700 31,600 25,500 Poland 12 85,300 – 99,700 91,800 92,500 - 21,000 Portugal 9 48,700 – 90,800 72,800 78,300 17,700 16,600 Singapore 23 77,500 – 143,400 109,100 108,400 20,200 25,100 South Africa 6 60,300 – 90,400 69,700 67,300 - 20,300 Spain 9 60,900 – 99,700 85,700 88,600 22,200 22,200 Switzerland 12 130,000 – 177,300 142,300 138,300 - 40,500 United Arab Emirates 46 89,000 – 172,800 133,700 130,000 25,000 20,000 United Kingdom 58 53,450 – 165,400 106,300 105,600 25,500 19,100 United States 22 80,400 – 220,000 148,600 152,000 30,000 32,250

Total 357 * where at least five salaries or bonuses were reported

16 Leila Hoteit MBA’03J Partner and Managing Director The Boston Consulting Group

17 FINANCIAL SERVICES

By Region Within Europe Within Asia Pacific Western Europe 48% United Kingdom 60% Singapore 42% Asia Pacific 28% Switzerland 18% Hong Kong 17% Africa /Middle East 8% Other* 22% Other* 41% Latin America 6% North America 4% * includes countries where fewer * includes countries where fewer than five jobs were reported: than five jobs were reported: Central / 3% France, Germany, Portugal, Australia, China, Japan, Eastern Europe Russia, Spain, The Netherlands, Malaysia and Thailand. Southern Europe 3% Turkey and Uzbekistan.

By Sub-Sector By Top Job Title

Private Equity / Venture Capital 40% Associate / Senior Associate 61% Investment Banking / Sales & Trading 24% Vice President / Director 24% Investment Management / Hedge Funds 17% Manager / Consultant 11% Real Estate 10% Analyst 4% Other Financial Services 9%

How did they find their job?

# % Own Contacts 31 30% Career Development Centre & Alumni Network 27 27% Returnees and / or Sponsored Students 22 21% Summer Internship* 16 16% Creating own company 6 6% Total 102 100%

* Summer Internship only open to the December class (2 months, July-August); considering December class only: 33% found their job via summer internship 18 FINANCIAL SERVICES SALARIES AND BONUSES

Overall Annual Overall Annual Overall Median Overall Median Mean Salary Median Salary Sign-on Bonus* Performance Bonus* US$ 110,000 US$ 103,100 US$ 29,300 US$ 62,500

* 42% of Financial Services salaries were reported with sign-on bonus and 67% with performance bonus

By Sub-Sector* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Investment Banking / Sales & Trading 24 22,900 – 146,900 101,500 101,800 39,500 30,000 Investment Management / Hedge Funds 13 75,200 – 150,000 114,000 114,500 31,800 71,800 Other Financial Services 6 62,300 – 215,200 111,500 93,700 - 44,500 Private Equity / Venture Capital 32 60,000 – 168,600 111,000 108,200 14,700 72,500 Real Estate 6 77,600 – 176,400 128,400 138,800 - - Total 81

By Top Job Title* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Associate / Senior Associate 52 35,600 – 160,000 104,700 101,800 29,300 62,500 Manager / Consultant 8 22,900 – 150,000 84,600 85,200 - 20,400 Vice President / Director 18 80,000 – 215,200 135,400 121,600 25,500 56,800 Total 78

* where at least five salaries or bonuses were reported

19 By Region* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Africa / Middle East 7 85,000 – 160,000 114,100 98,700 - - Asia Pacific 21 22,900 – 215,200 114,500 103,300 23,300 48,900 Latin America 6 60,000 – 110,000 83,500 80,900 - 114,800 Western Europe 39 50,900 – 146,900 112,800 108,200 29,300 63,600 Total 73

Within Europe* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Switzerland 10 101,300 – 146,900 130,200 129,200 - 25,300 United Kingdom 25 50,900 – 133,600 104,900 101,800 31,800 63,600 Total 35

Within Asia Pacific* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$** Bonus US$** Singapore 9 77,600 – 215,200 130,500 103,300 23,300 48,900 Total 9

Within Latin America* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Brazil 5 60,000 – 110,000 84,200 81,800 - 109,600 Total 5

* where at least five salaries or bonuses were reported

20 TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS

By Sub-Sector

E-Commerce / Internet* 57% Information Technology / Telecommunications** 28% Fintech 11% Media / Entertainment / Advertising 4%

* includes Tech-enabled businesses (Ed-Tech, Fashion-Tech, Food-Tech, Online travel agencies etc.) ** includes computer software, hardware, consumer electronics, semiconductors

By Function

Leadership Development Programmes 35% Marketing / Sales 18% Corporate Planning / Business Development 14% General Management 13% Production / Operations Management 7% Finance 4% Project Management 3% Technology Management 3% Consulting 2% Other 1%

How did they find their job?

# % Career Development Centre & Alumni Network 105 62% Own contacts 26 15% Summer Internship* 20 12% Creating own company 11 6% Returnees and / or Sponsored Students 8 5% Total 170 100%

* Summer Internship only open to the December class (2 months, July - August); considering December class only: 25% found their job via summer internship

21 By Region Within Asia Pacific Within Europe Western Europe 48% Singapore 54% United Kingdom 36% Asia Pacific 30% Japan 12% Luxembourg 18% North America 12% China 10% Germany 17% Southern Europe 5% Other* 24% France 12% Africa / Middle East 2% Spain 5% Latin America 2% Other* 12% Central / 1% * includes countries where fewer than * includes countries where fewer Eastern Europe five jobs were reported: Australia, than five jobs were reported: Belgium, Hong Kong, Indonesia, Korea, Czech Republic, Ireland, Italy, Malaysia, Pakistan, Philippines, Portugal, Slovakia and Taiwan and Thailand. The Netherlands.

Company Size 1 - 500 25%

Within Americas By Company Size By Company Size 1-500 (No. of Employees) (No. of Employees) United States 79% Other* 21% >10,000 56% 201 - 500 9% 5,001 - 10,000 5% 51 - 200 37% * includes countries where fewer than five jobs were reported: Brazil, 1,001 - 5,000 10% 11 - 50 23% Canada and Chile 501 - 1000 4% 1 - 10 31% 1 - 500 25%

22 TECHNOLOGY, MEDIA AND TELECOMMUNICATIONS SALARIES AND BONUSES

Overall Annual Overall Annual Overall Median Overall Median Mean Salary Median Salary Sign-on Bonus* Performance Bonus* US$92,100 US$95,400 US$25,500 US$15,500

* 71% of TMT salaries were reported with sign-on bonus and 55% with performance bonus

By Sub-Sector* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* E-Commerce / Internet 86 37,500 – 169,000 93,900 95,400 33,200 15,800 Fintech 14 51,600 – 165,000 86,600 80,300 11,100 11,100 Information Technology / 38 39,900 – 151,400 91,700 94,000 11,100 17,200 Telecommunications Media / Entertainment / Advertising 5 43,000 – 101,800 78,800 83,100 - - Total 143

* See page 21 for details of sub-sectors

By Function* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Corporate Planning / 19 37,500 – 165,000 80,200 82,100 11,100 10,100 Business Development Finance 5 59,500 – 106,300 85,800 86,100 - - General Management 10 39,900 – 160,000 90,100 85,400 15,000 32,700 Leadership Development Programmes 59 55,200 – 169,000 98,300 95,400 38,800 20,000 Production / Operations Management 9 64,800 – 99,000 80,900 85,300 19,000 12,700 Marketing / Sales 27 45,000 – 130,000 88,500 87,700 16,600 16,800 Technology Management 5 83,100 – 151,400 113,900 114,500 20,000 20,000 Total 134

* where at least five salaries or bonuses were reported

23 By Region* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Asia Pacific 37 37,500 – 169,000 85,600 85,300 10,400 13,400 North America 17 82,100 – 160,000 119,700 120,000 25,500 20,000 Southern Europe 8 51,000 – 85,300 77,000 85,300 23,300 16,600 Western Europe 75 60,900 – 151,400 93,100 95,400 27,700 17,200 Total 137

Within Europe* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* France 11 70,900 – 99,700 88,400 88,600 - 14,400 Germany 14 60,900 – 116,300 89,400 96,400 22,100 - Spain 5 66,500 – 85,300 81,500 85,300 31,000 - United Kingdom 30 63,600 – 151,400 95,600 95,400 47,100 12,700 Total 75

Within Asia Pacific* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Singapore 22 43,000 – 169,000 92,700 86,100 12,600 12,400 Total 22

Within North America* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* United States 15 105,000 – 160,000 123,800 123,000 25,250 20,000 Total 15

* where at least five salaries or bonuses were reported

24 CORPORATE SECTORS (Excluding Technology, Media & Telecommunications)

By Sub-Sector

Manufacturing / Conglomerates* 24% Healthcare 23% Retail / Consumer & Luxury Goods 19% Primary Industries** 9% Energy 7% Transportation / Logistics 5% Education 5% Public Sector / Social Impact 4% Corporate Services 2% Travel / Leisure Services 2%

* includes Automotive, Aviation and aerospace, Building Materials, Construction, Electrical/ Electronic Manufacturing, Machinery, Mechanical or Industrial Engineering

** includes Agriculture, Chemicals and Mining & Metals

By Function

Leadership Development Programmes 20% General Management 19% Corporate Planning / Business Development 18% Marketing / Sales 12% Mangement Consulting 10% Finance 8% Production / Operations Management 5% Project Management 2% Medical / Healthcare 2% Other 4%

How did they find their job?

# % Career Development Centre & Alumni Network 77 47% Own contacts 45 27% Returnees and / or Sponsored Students 24 15% Creating your own company 12 7% Summer Internship* 6 4% Total 164 100%

* Summer Internship only open to the December class (2 months, July - August); considering December class only: 7% found their job via summer internship

25 By Region Within Asia Pacific Within Europe Western Europe 37% Singapore 37% Germany 24% Asia Pacific 36% China 10% Switzerland 15% North America 9% Australia 8% The Netherlands 13% Africa / Middle East 7% Thailand 8% United Kingdom 12% Central / 4% India 8% France 9% Eastern Europe Other* 29% Other* 27% Southern Europe 3% * includes countries where fewer than * includes countries where fewer than Northern Europe 2% five jobs were reported: Hong Kong, five jobs were reported: Belgium, Latin America 2% Indonesia, Japan, Korea, Malaysia, Denmark, Italy, Kazakhstan, Pakistan and Philippines. Liechtenstein, Monaco, Norway, Portugal, Romania, Russia, Slovakia, Spain and Sweden.

Company Size 1 - 500 26%

Within Americas By Company Size By Company Size 1-500 (No. of Employees) (No. of Employees) United States 68% Other* 32% >10,000 56% 201 - 500 19% 5,001 - 10,000 4% 51 - 200 26% * includes countries where fewer than five jobs were reported: Brazil, 1,001 - 5,000 8% 11 - 50 26% Canada, Mexico and Peru. 501 - 1000 6% 1 - 10 29% 1 - 500 26%

26 CORPORATE SECTORS SALARIES AND BONUSES (Excluding Technology, Media & Telecommunications)

Overall Annual Overall Annual Overall Median Overall Median Mean Salary Median Salary Sign-on Bonus* Performance Bonus* US$102,600 US$ 101,900 US$ 16,600 US$ 16,600

* 54% of corporate sector salaries were reported with sign-on bonus and 69% with performance bonus

By Sub-Sector* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Energy 7 83,100 – 200,000 124,900 114,800 - 22,400 Healthcare 30 34,400 – 180,000 101,100 101,200 18,300 19,000 Manufacturing / Conglomerates 35 49,800 – 161,600 104,500 110,000 19,600 15,800 Primary Industry 11 45,800 – 132,900 93,800 88,600 - 14,300 Public Sector / Social Impact 5 81,000 – 151,900 121,600 121,600 - - Retail, Consumer & Luxury Goods 27 45,800 – 167,100 93,000 89,100 16,500 18,300 Transportation / Logistics 5 53,400 – 110,800 82,600 83,100 - - Total 120

* See page 25 for details of sub-sectors

By Top Function* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Management Consulting 13 83,100 – 117,400 100,700 99,700 11,100 17,700 Corporate Planning / 19 49,000 – 161,600 102,400 98,000 7,600 14,300 Business Development Finance 13 22,900 – 200,000 91,300 86,400 21,000 13,300 General Management 19 31,600 – 221,500 100,200 101,800 18,400 17,400 Leadership Development Programmes 31 61,000 – 131,700 103,100 110,000 18,600 15,000 Marketing / Sales 18 61,000 – 180,000 103,500 98,300 17,800 18,300 Production / Operations Management 7 62,000 – 142,000 97,300 99,700 25,700 21,300 Total 120

* where at least five salaries or bonuses were reported

27 By Region* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Africa / Middle East 9 22,900 – 221,500 105,900 98,000 - - Asia Pacific 41 34,400 – 152,500 91,600 94,700 21,000 17,200 Central / Eastern Europe 5 49,800 – 132,900 91,300 79,800 - - North America 13 45,800 – 180,000 121,900 120,000 20,000 30,000 Western Europe 53 63,600 – 285,100 108,400 99,700 16,500 15,500 Total 121

Within Europe* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* France 7 67,600 – 110,800 82,800 76,400 - 13,300 Germany 16 72,000 – 127,400 102,300 105,200 15,500 11,100 Switzerland 10 98,800 – 167,100 133,300 129,200 15,200 18,600 The Netherlands 9 66,500 – 200,000 100,100 88,600 - 15,400 United Kingdom 7 63,600 – 285,100 119,100 95,400 - 15,900 Total 49

Within Asia Pacific* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* Australia 5 61,000 – 152,500 106,800 114,400 - - Singapore 16 53,400 – 143,400 99,900 103,300 21,500 20,100 Total 21

Within North America* # Range Mean Median Median Median US$ US$ US$ Sign-on Performance Bonus US$* Bonus US$* USA 11 105,000 – 180,000 129,100 120,000 22,500 31,200 Total 11

* where at least five salaries or bonuses were reported

28 Niels B. Christiansen MBA’93J CEO LEGO Group

29 ENTREPRENEURSHIP 4% of the 2017 graduates are entrepreneurs

The mission of the Rudolf and Valeria Maag INSEAD Centre for Entrepreneurship (ICE) is to accelerate the entrepreneurial ambitions of INSEAD students. We do this by providing inspiration, driving team formation, and facilitating venture development through activities like Startup Bootcamp, mentorship opportunities with Entrepreneurs in Residence, and the INSEAD Venture Competition. Aspiring entrepreneurs can also participate in our dynamic entrepreneurship ecosystem by connecting with and learning from INSEAD alumni who have founded successful startups.

By Type of Company Created By Sector

Startup 50% Technology, Media & Telecommunications Returning to own Venture 20% E-Commerce / Internet 17% Joining a New Venture as a Partner 15% Fintech 10% or an Executive / Employee Information Technology / 7% Aquiring a Company 10% Telecommunications Social Venture 5% Media / Entertainment / Advertising 3%

Corporate Sectors Transportation 10% Manufacturing / Conglomerates 7% Healthcare 7% Primary Industry 7% Retail, Consumer & Luxury Goods 3% Travel / Leisure Services 3% Education 3%

Financial Services 20% By Region Management Consulting 3% Asia Pacific 37% Western Europe 23% North America 13% Africa / Middle East 10% Central / Eastern Europe 7% Latin America 7% Southern Europe 3%

30 SUMMER INTERNSHIPS / PROJECTS 62% of our December 2017 class did a summer internship or project

By Sector

Total: 324 40% of students did an internship within a startup or 23% small / mid-size business (< 500 employees)

13% 10% 8% 8% 6% 5% 4% 3% 3% 3% 3% 2% 2% 2% 1% 1% 1% 1% 1%

t e y t e al / es gy tech at erne at unds ance ation t rading Goods Fin T conom ertising Ener e Capitealthcar E dv Insur Industrieesal Est e Services t Consulting tur H uxury A edge F anagemen R at ce / In Technology ansport en t & Tr V & L t / H / Primary / Impac tFinancial Services Corpor or anagem-eCnommqeurity ormaetiloenc ommunications ainmen E f T Other ducation M M In tert E e E Bankinga /c tSuarliensg &/ Conglomer at t anagemen tail, Consumer M Priv anuf e t M Public Sect R edia, En vestmen M In vestmen In

By Region Within Europe Within Asia Pacific

Western Europe 38% United Kingdom 42% Singapore 55% Asia Pacific 37% France 15% China 14% Africa / Middle East 10% Spain 7% Australia 7% Southern Europe 4% The Netherlands 7% India 6% Latin America 4% Germany 6% Other* 18% North America 3% Switzerland 6% Eastern Europe 2% Luxembourg 6% Northern Europe 2% Other* 11% * includes countries where fewer than * includes countries where fewer five jobs were reported: Afghanistan, than five jobs were reported: Bangladesh, Hong Kong, Indonesia, Belgium, Denmark, Georgia, Japan, Korea, Malaysia, Maldives, Greece, Italy, Kazakhstan, Poland, New Zealand, Pakistan Russia and Sweden. and Philippines.

31 SUMMER INTERNSHIPS / PROJECTS MONTHLY SALARIES

Overall Monthly Overall Monthly Mean Salary Median Salary US$5,100 US$4,700

By Sector* # Range Median US$ US$ E-Commerce / Internet 37 1,000 – 8,100 5,000 Fintech 5 1,000 – 3,200 3,200 Healthcare 25 1,100 – 7,300 3,700 Information Technology / Telecommunication 22 700 – 10,000 1,900 Insurance 6 700 – 2,300 1,800 Investment Banking / Sales & Trading 19 1,300 – 13,000 8,700 Investment Management / Hedge Funds 8 1,300 – 7,800 2,700 Management Consulting 71 500 – 11,800 8,250 Manufacturing / Conglomerates 14 800 – 7,300 3,000 Media / Entertainment / Advertising 9 800 – 6,900 2,600 Private Equity / Venture Capital 16 700 – 13,600 4,800 Public Sector / Impact Economy 5 1,500 – 2000 1,700 Retail / Consumer & Luxury Goods 7 200 – 5,700 1,700

By Country* # Range Median US$ US$ Australia 8 2,400 – 11,800 8,100 Brazil 10 4,100 – 7,900 6,300 China 13 1,000 – 10,400 4,500 France 13 600 – 7,400 1,800 Germany 9 800 – 7,000 2,500 Luxembourg 9 4,900 – 8,100 6,300 Singapore 56 200 – 10,600 2,200 Spain 6 700 – 9,300 900 Switzerland 8 1,500 – 8,300 5,700 The Netherlands 8 1,300 – 11,200 5,800 United Arab Emirates 19 500 – 11,000 10,100 United Kingdom 52 1,700 – 13,600 6,800 USA 5 1,500 – 8,700 7,000

* Where five or more salaries were reported Exchange rate: Oanda, average for the period: 01/07/17 – 31/08/17

32 Muriel De Lathouwer MBA’00D CEO EVS Broadcast Equipment SA

33 TOP EMPLOYERS OF 2017 INSEAD MBA GRADUATES

Top Employers 2017

McKinsey & Company 130 (52) Alix Partners 4 Bain & Company 86 (21) Booz Allen Hamilton 4 The Boston Consulting Group 71 (26) Goldman Sachs 4 Amazon 56 (1) L.E.K. Consulting 4 (1) Accenture 36 (9) L’Oréal 4 Strategy& 18 (9) IQVIA (former QuintilesIMS) 4 Deloitte 9 (4) Shopee 4 Siemens 9 (4) Admiral Group 3 A.T. Kearney 8 (1) Apttus 3 Microsoft 8 Boston Scientific 3 Apple 7 Deezer 3 The Kraft Heinz Company 7 Dell 3 (2) Uber 7 EY 3 (2) Danaher 6 Johnson & Johnson 3 Roland Berger 6 (3) PwC 3 (2) Credit Suisse 5 Roche 3 Google 5 (1) Samsung 3 Oliver Wyman 5 (1)

Top employers information includes those returning and/or sponsored by pre-INSEAD employers. Numbers in brackets are former employees returning to their pre-INSEAD organisation after graduation and/or sponsored.

INSEAD CORPORATE ASSOCIATE PROGRAMME*

INSEAD thanks our 2017 corporate associates for their support!

Accenture Indeed.com Amazon McKinsey & Company A.T. Kearney Morgan Stanley Bain & Company Olayan Financing Company Citi Philip Morris International Crédit Suisse Roland Berger Deutsche Bank Strategy& Goldman Sachs The Boston Consulting Group

* The INSEAD Corporate Associate Programme opens the door to unique opportunities for organisations seeking visibility and impact. Our corporate associates provide essential funding for innovative projects and join a leading group of organisations who advance the school’s mission.

34 WORKING WITH THE CAREER DEVELOPMENT CENTRE

The global team at the INSEAD Career Development Centre (CDC) is committed to helping MBA students find their true career passions or maximise their pre-determined goals. The CDC is comprised of 47 staff located across our three campuses. Our staff mirrors the student diversity of INSEAD: CDC members represent 20 nationalities, speak 11 languages, and come from varied backgrounds including business development, recruiting, law, operations, and product management. The CDC team includes personal career coaches, employer engagement specialists, and operations team members who organise around 80 workshops and almost 4000 on-campus interviews throughout the year. CDC partners with students in their career searches, offering support from self-assessment to relationship building with employers.

Our mission is simple: Partnering with students and employers to move from here to there. Curiousity

We follow a unique approach working with students known as The Personalised Career Model: Four Cs. Chaos CDC Clarity Four Cs is a framework that informs all CDC interactions with students to ensure that engagement is on an individual level encouraging information gathering and testing to find the right industry, function, and company Celebration culture fit.

Students are able to customise their career development experience with our distinctive approaches prior, during, and after their arrival on campus:

Pre-INSEAD Careers Core Careers Electives Prior to their arrival, students will During Period 1 and Period 2, Over the remaining three periods, have an opportunity to engage CDC offers six core courses, CDC offers a variety of career with CDC through a series of live eight industry overviews, and two electives covering a range of webinars covering CDC basics, Practice & Perfect sessions to subjects. Students have the CV creation, and relationship equip students with the skills and freedom and flexibility to pick building fundamentals. These competencies to find their first and choose what is most relevant webinars best position students to post-MBA job, capitalise on their to their career paths and job arrive at INSEAD ready to engage current employment status, and search focuses. with CDC and take ownership of manage their long-term career. the world of opportunities that INSEAD provides.

General Enquiries

Europe Campus Asia Campus Abu Dhabi Campus T. +33 (0)1 60 72 90 90 T. +65 6799 7228 T. +971 2 651 52 00 E. [email protected] E. [email protected] E. [email protected]

35 Jamie Chung MBA’00D Senior Vice President Sony Pictures Entertainment Inc

36 2017 RECRUITING ORGANISATIONS Organisations marked ^ are participants’ own company. Organisations marked * participated in on-campus recruiting activities.

Organisation Name InternshipsFull-time InternshipsFull-time Organisation Name InternshipsFull-time InternshipsFull-time Hire 1 or 2 1 or Hire 3+ Hire 2 1 or Hire 3+ Hire 2 1 or Hire 3+ Hire 2 1 or Hire 3+ Hire

18526 Yukon Inc. ^ AlphaSights * 3M * Alvarez & Marsal * 5 Step Careers * Amadeus * 500 startups Amazon * A.T. Kearney * Amcor * AB Bernstein * American Express * AB InBev AmInvestment Bank Abbott * Amphenol * Abraaj Group * Analysys Mason * AC3Studio Annexure Financial Solutions Accelera Management Antal International * Accelerated Digital Ventures AppLabx * Accenture * Apple * Acciona Apttus * Active Capital Arcadia Agri ADCB * Arcadia Consultancy Adidas * Executive Search * Admiral Group * Arcstone Pte Ltd * ADV Partners Ardian Advancy * Arisglobal Adyen * Arla * Aegila Capital Management Arma Partners * Aéroports de Paris Art of Click * Ingénierie (ADPI) * Arthur D. Little * AES Energy Storage Asia Pacific Internet Group Agastya International (APACIG) * Foundation Asian Development Bank * AIQ Astella Investimentos Akhtaboot * ASTI AL Futtaim * Avantium Alchemy Partners * Avencore * Alexander Hughes Averda * International * Avery Dennison * Alibaba AXA * Alix Partners * Azalead Allnex * B Capital Group Allpago Babylon Health

37 Total: 661 organisations of which 203 hired Summer Interns and 300 Full Time graduates

Bain & Company * BP Group * Bain Capital Brasil Food (BRF) * Bakery Delight s.a.r.l. Bridge Data Centres Balderkliniken AB (International) Pte Ltd Balderton Capital Bridges Fund Management Balenciaga * Bristol-Myers Squibb Banco Mizuho do Brasil S.A. British American Tobacco * Bandit Brolly Bangkok Petroleum Co.,Ltd Brookfield Asset Management Bank Audi Bruun & Hjejle Bank of America Merrill Lynch * Bryanston Resources AG Bank of Japan BSH Barcelona FC BTG Pactual Barclays * Burda Principal Investments Barry Callebaut Burger King * BASF * BW (BWGI) Bayer Canary Connect Bayfront Capital Partners Ltd. Canon * Belltown Power Capital Group * Bertelsmann * Capstone Bill & Melinda Gates Careem * Foundation CaregiverAsia BIMA * Cargill * Binding Partnerships * Carmudi (Rocket Internet) * BlaBlaCar * Carrhae Capital LLP Black Lake Technologies Caseable ^ BlackPine Private CCB International Holdings Equity Partners CCC Information Services Blonk Group * CDC Bloomon Cerner * Blue Ridge Partners CFLD International BNP Paribas CHAI * Bodhi Healthcare Chalhoub Group * Booz Allen Hamilton * ChangeNOW Boston Scientific * Chatham Financial * Bottega Veneta * Cherry VC * Chevron

38 2017 RECRUITING ORGANISATIONS Organisations marked ^ are participants’ own company. Organisations marked * participated in on-campus recruiting activities.

China International Delacapital * Capital Corporation Deliveroo * Christian Dior Couture * Delivery Hero Chronocam Dell Citi * Deloitte * ClicInvest ^ Delta Capita Coach * Delta Partners * Coast2Coast Capital Deposit Solutions GmbH Coca Cola FEMSA * Desigual * CognaLearn * Desktop Metal Coins.ph Deutsche Bank * Connectone * DHL Consulting * Coorpacademy * Discovery Networks * Cordstrap Discovery Summer Ltd Cornerstone * Doctena * Cott Corporation Double Effect * Coya AG Double Helix * CP Holdings Dream Incubator Credit Suisse * Dubizzle * Crescent Petroleum * DWP Group CRH / Republic Cement E.on Criteo * eBay Crossengage Eden McCallum * Crosslend GmbH Edge Partnership * CSL Capital Management EDP Renewables Cstone Pharmaceuticals Edwards LifeSciences * CVA (Corporate EF Education First * Value Associates) Eiger Venture Dabur International * Ekino * Dai-Ichi Seiko * Eli Lilly * Dalberg Global Development * Emerson * Danaher * Emirates Group * DaVita HealthCare * Emirates REIT * DayBreak Hotel * Emsil Group - Emsil Techtrans and Gemil Grup Deepcore En World Singapore * Deezer

39 Total: 661 organisations of which 203 hired Summer Interns and 300 Full Time graduates

Endeavor * FOM Capital Energy Access Ventures (Force Over Mass) Enfinity Fondo Italiano di Investimento Engie * Fontaincap Enso Ventures Fosun Capital ENTEL FrieslandCampina EQT partners Frog Design Inc Ericsson * FSG * Esprit * Fung Group * ESSA (Education SubSaharan Africa) G Holdings Essence Digital * Gallup * Etam Group * Garena * Eunimart * GAVI Global Alliance for Vaccination Eunogo * GE (GE Healthcare) * Eurasian Resources Group Genentech European Bank for Reconstruction and General Mills * Development (EBRD) Global Development * European Stability Global Electronic Sports Mechanism (ESM) * Championship ^ Evaneos * Goetz Partners * eVC Goldman Sachs * Expedia * Google * EY * Government of Georgia Facebook Ministry of Infrastructure Falconi Grab * Farfetch Green Climate Fund * Fastned * Greenwoods Asset Management Ferntower Property ^ Grow 360 International Fidelity International * Pte. Ltd Finansa Securities Grow Tomorrow * First Reserve * Gruppo Padana firstminute capital Ortofloricoltura Fixir * GSK * FlixBus * GSMA *

40 2017 RECRUITING ORGANISATIONS Organisations marked ^ are participants’ own company. Organisations marked * participated in on-campus recruiting activities.

Gucci * ICMG Consulting * Gulf Investment IFM Investors Corporation (GIC) Impact Marathon Series * Gupta Strategists Imperial Tobacco * Gympass * IMS Consulting Group * H&S Group Industrial Development Halliburton * Bank of Turkey (TSKB) Hankook Mirae Technology Infineon * Hays Recruiting Experts InfraRed Capital Partners Worldwide * Ingenico ePayments HC Environnement Inmobi * Heidelberg Cement InnoEye Technologies Helios Investment Partners Private Limited Hem Design Studio AB Innosight * Heptic * InnovAccer Inc Heuritech Innovation Network HgCapital Corporation of Japan Hikma Pharmaceuticals * Intel * Hilti Corporation * International Finance Corporation (IFC) * Hines Intesa Royal HNA Group Financial Services Homestead Properties * Intigral * Honestbee * Investec Bank Honeywell * InvOrOut.com * Houlihan Lokey * iPrice Howden Insurance Brokers Itau Unibanco HSBC * Jacobs Holding AG Huali Jardine Matheson * Hystra * JD.com * IBM * Jebsen and Jessen ibrecruitment * JF Hillebrand ICADE JISR Venture Partners * ICD (Islamic Corporation Johnson & Johnson * for the Development of the Private Sector) Jose de Mello Saude Joseph Chalhoub Real Estate Development

41 Total: 661 organisations of which 203 hired Summer Interns and 300 Full Time graduates

JP Morgan Chase Logista * & Company Logos Jumeirah Group * Lojas Quero-Quero S.A. Kacific L'Oréal * Kaligo Travel Solutions * Loro Piana * Kantar Health * Lumenis Ltd. Kempen & Co Lumenlab Kendra Securities House SA Luxottica * Kering Group * LVMH * Kifaru Group Machu Picchu Foods SAC Kilpatrick Executive Search * Maersk Consulting * King * Magpie Polymers * Kirkland & Ellis Majid Al Futtaim * International LLP Makara Capital KK Fund * Maldives Whale Shark KKR & Co Research Project (MWSRP) Kois Invest * Margot international KPMG * Margot International/ KYOWA HAKKO BIO The Oil & Gas Market L.E.K. Consulting * Mastercard * Labatec * MB Partners Land Life Company MBA & Company * Land Transport Authority McArthur Murray * Singapore McKinsey & Company * Larvol Mediaquest Lazada * Medicare Le Chemiseur * Medtronic Leapfrog Investment * Mega Lifesciences LeSports Investment Mennheim Associates Fund (LSIF) Meraki Impact Fund ^ Liberty Insurance * Mercy Corps * LightCastle Partners Ltd. Metier LinkedIn * MetLife Litmus Group * Michael Page / Loblaw Digital Page Executive * L'Occitane * Microsoft *

42 2017 RECRUITING ORGANISATIONS Organisations marked ^ are participants’ own company. Organisations marked * participated in on-campus recruiting activities.

Mid Europa Partners Northvolt Middle East Venture Partners * NOS Millward Brown * Nous Group * Mobike Japan * Novartis * Moelis & Company Novo Nordisk * Moët Hennessy * Novu SG Pte Ltd MOH Holdings Pte Ltd NTP Gelatine Pvt. Ltd. Momentum Works Numu Consulting * Moncler * Oaktree MoneySmart * OC&C Strategy Consultants * Montana Capital Olam International Limited Partners AG Oliver Wyman * MoonFair Open Society Foundations * Morgan Stanley * Oracle * Moringa School Orsted Mount Lebanon Hospital (formely DONG Energy) Mpower Financing * OTB * MS Amlin Otonomos MSD PACS Myriads Retail Group Palantir N26 Palladium Group * NAAS Marine & Terminals * Panatea Nastrac Group * Paramount Pictures Nestle * Parasol Cover Ltd ^ Newton Enterprises Ltd. Parcel Perform Nike * Pars Steel Nissan * Parthenon * Nomura * Partners Capital * NOON Capital ^ Partners Group Norges Bank Investment Partners In Performance Management (PiP) * Norma Group Passion project * Noronha Sanches Pedaru ^ Investimentos Imobiliarios PeoplePods S.A. PepsiCo * Norsk Hydro

43 Total: 661 organisations of which 203 hired Summer Interns and 300 Full Time graduates

Performa Investimentos Redpoint Ventures Permira Relayto Philip Morris International * Resolute Asset Management Philipps 66 * RGF Singapore * Philips * RH Agrotech Philips Lightning * Richemont * Piing * Riot Games * PIMCO * Ripple PingAn Venture Rising Tide Asia * Planor Group Rivigo Polymath Ventures Roche * Portas Consulting * Rocket * Positivo Informatica Roland Berger * PowerChina Real Saban Ventures Estate Group Saint-Gobain PPB Advisory Samsung * ProA Capital Sanofi * Promex SRL Santander Prophet * SAP * PTT Public Company Limited Sberbank Puma * Schneider Electric * PUR Projet SeatGeek PuraLeaf ^ Semantron PVH Italia * Sensient Technologies PwC * Shaldor qbic Shell Qopius Shiftln Partners * Qualgro Partners Shipbob QuantumBlack Shop Direct IQVIA * ShopBack * (formerly QuintilesIMS ) Shopee QVARTZ Sia partners * R3 Siam Cement Group Rakuten * Siemens * Rane Madras Limited Red Leaf Capital *

44 2017 RECRUITING ORGANISATIONS Organisations marked ^ are participants’ own company. Organisations marked * participated in on-campus recruiting activities.

Sigfox Syngenta Singapore Ministry of Law Systemiq * Sivantos Tabsquare * SK biopharmaceuticals Tag Heuer * Skarbek Associates * Tagit * Smartfolios Talea Smava TalentDash * Smiths Group Talmix * Smurfit Kappa Group plc Tantallon Capital Advisors Snips TechnipFMC * Social Finance * Teck Resources Softbank Vision Fund Tencent * Solon Management Tessa Therapeutics * Consulting The Boston Consulting Solvay SA Group * SONAE The Brave Ones * Sony The Cantillon * Souq.com* The Estée Lauder South32 Companies inc * Spencer Stuart The Kraft Heinz Company * Spoke The Ministry of the Economic Development of the Spouts Russian Federation StartupFarmers The Oddle Company * Steer Davies Gleave The Shackleton Group * Sterlite Tech The Venture City Strategy& * The Walt Disney Company Stripe * The Working Capitol Sukhoi Civil Aircraft Thinking Capital Surgical Partners * ThirdWay Africa Partners Survival Chic Thomson Reuters * SUSI Partners AG ThyssenKrupp * Suu Balm * Tierra Viva ^ Swiss Capital Alternative Tifosy Ltd Investors TKMaxx * Sygic

45 Total: 661 organisations of which 203 hired Summer Interns and 300 Full Time graduates

Topaz Energy and Marine * Walmart Touché * Wamda Capital Trafigura Wavecell * TransferWise Wayfair * Triborg * Wehkamp Triton Partners WeLab Turner White Sea Navigation TVM Capital Healthcare Winnow Ltd Uber * Winton Capital Management UBS * Wipro * UNICEF Wiredelta * Unilever Wise & Miller * United Nations WiTraC Universidad Externo Wolt * de columbia EMI * World Economic Forum UTC-Otis * World First Value Partners * World Food Programme * Varde Partners * World Health Vedanta Resources PLC Organisation (WHO) VentureSpec World Tiketers ^ VF International * WPP * Viacom Yellow Door * Villagemap * Yeomans Executive * Visa Inc Yuanliu * Visenze * Yunus Social Business * Vital Capital Yves Saint Laurent * Vitruvian Partners Zegna * Volaris Group Zenith Industrial Voluntas Advisory Chemicals Pte ltd Waha Capital * Zilingo * Waitrr * ZS Associates Zurich Insurance *

46 INSEAD does not discriminate on the basis of race, gender, religion, national or ethnic origin, age, sexual orientation, or infirmity.

In line with INSEAD’s academic calendar, this report is based on December 2016 and July 2017 classes

Disclaimer: The information included in this report was provided by both MBA graduates and recruiters and has not been independently verified. INSEAD Career Development Centre gives no guarantee as to its accuracy. 47 48 www.insead.edu

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