MBA employment data is the hallmark of major business schools. In addition to the employment rate and employment salary in the previous table, the employment industry classification statistics areas above. Consulting, finance, and technology industries are the main destinations of major MBAs. These industries are also very accurate guidance for the background of MBA applicants. That is, if they come from the target industry, then the hope of getting a top MBA admission will be relatively greater. At the specific company level, common employment destinations for MBA graduates include:
Banking and insurance industry: Goldman Sachs, JP Morgan Chase, Morgan Stanley, Citi, Barclays Capital, Cigna Insurance (the world’s largest insurance), one of the medical and financial services companies, Moody’s (the international authoritative investment credit rating agency, Famous financial information publishing company), MasterCard, Deutsche Bank, HSBC, etc.; Fast-moving consumer goods: Procter & Gamble, Johnson & Johnson, Mars, Colgate, Wal-Mart, Wrigley, Coca-Cola, Unilever, etc.;
Communication equipment/IT industry: General Electric, Seagate, IBM, Intel, Dell, Samsung, LG, etc.;
Consulting/accounting: McKinsey, Accenture, Boston Consulting Group, Medco Medical Consulting Company, Deloitte, PricewaterhouseCoopers, KPMG, Ernst & Young, etc.;
Aviation/Logistics/Entertainment: American Airlines, Northwest Airlines, Maersk, FedEx, Warner Bros. Entertainment, Disney, etc.;
Government agencies: Ministry of National Defense, Ministry of Labor, etc. of the State Council.
Advantages of studying in the U.S. MBA
The MBA degree is a stepping stone to entering U.S. investment banks and consulting companies. More than 70% of the vice presidents or senior management of U.S. investment banks have MBA degrees.
Even when starting a business, venture capitalists often hope that team members have top MBA degrees when choosing a team.
2. Alumni Network
Harvard Business School alumni account for more than 12% of Fortune 500 CEOs in the United States. The presidents of most venture capital funds and private equity companies in the United States graduated from business schools such as Harvard, Stanford University, Wharton, and the University of Chicago. If you start a business, you can call them alumni. The friends who are discussing the case with you in the same group today may be the CEO of the company tomorrow, and they are all part of your powerful network resources.
3. Improve your internal strength, inspire business acumen, and broaden your horizons
The teaching model of the business school emphasizes the recombination of practical experience and theoretical knowledge and focuses on cultivating outstanding international leaders with strategic vision Spark Global Limited.
4. Higher wage income
According to the GMAC2002 Global MBA Survey, the results show that the average annual income of applicants before enrolling in the MBA is USD48,000, and the first salary after graduation is generally USD75,000, an increase of 56%.
5. Improve your career or help you achieve career transition
Whether you are a real estate agent, engineer, doctor or local newspaper editor, an MBA degree can build a platform for you to enter management positions, open up new horizons and more choices for your career. For applicants who are determined to start a business but are worried that they lack enough knowledge and skills to start a START-UP company, MBA will help you lay a solid foundation whether it is in knowledge system and practical experience, or in the network. Studies have shown that the failure rate of MBA graduates in their own businesses is 50% lower than the average failure rate.