ESADE MBA Grads Find Employment – Outside Spain
With talk of a bailout for Spain making headlines, that country’s ESADE business school sought this week to reassure prospective applicants and others that its graduates have promising employment outlooks. According to statistics released by the school on Monday, 90 percent of ESADE MBAs from the class of 2012 secured employment less than three months after graduation, and half had job offers in hand when they graduated.
Given Spain’s crippled economy and rising unemployment rate, many ESADE students have needed to look elsewhere for employment. Of the MBA class of 2012, 80 percent took a job outside of Spain, the school reports. The majority (59 percent) found work elsewhere in Europe, 16 percent took jobs in Latin America, 12 percent in Asia, 8 percent in North America and 3 percent in the Middle East. “This trend shows that despite the current economic climate, international companies value the high degree of training, global outlook and adaptive capacity of ESADE students,” the school said in a statement.
Multinational corporations also come to ESADE to recruit, the school argues, because of the diversity of its MBA class. Of the 2012 class of MBAs, 95 percent of students represented 48 different countries, and 35 percent of ESADE’s MBAs are women.
Most of ESADE’s most recent MBA graduates have gone into jobs in the consulting and technology sectors (19 percent each), the school reports, followed by pharmaceuticals, biotechnology and healthcare (13 percent), financial services (12 percent), consumer goods (11 percent) and industry (11 percent). And despite the weak economy, graduates command average starting salaries relatively unchanged from the previous year – €65,000 plus a bonus of €17,000.
ESADE will welcome close to 80 companies to campus this month, the school added, including Amazon, Microsoft, the Santander Group, Barclays, Desigual, L’Oréal, Samsung, IBM, the Bill & Melinda Gates Foundation, Emerson, Novartis and the Clinton Health Access Initiative.
Learn more about ESADE’s most recent employment figures.
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