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The CEIBS MBA Career Report 2014 is based on career data for the Class of 2014, which graduated on April 27th. Of the 189 graduates, 82 (43.3%) are overseas students, mainly from the Asia Pacific region. Prior to enrolment, students had been working an average of 5.7 years. The most popular pre-MBA industries were technology (22.2%), finance (15.8%), and manufacturing (11.3%).
Job Offer Acceptance Rate for CEIBS MBA Class of 2014 Slightly Higher than Last Year
The job offer acceptance for the 2014 CEIBS MBA class of is 91.9% compared to last year’s employment rate of 90.1% – a 1.8% year-on-year increase. According to Yvonne Li, CEIBS’ MBA director for admissions and career services, the job offer acceptance rate can be viewed as the equivalent of the previously used ‘employment rate’. The terminology was changed this year to keep in line with the standards of the MBA Career Service and Employment Alliance, as well as what is used globally.
A total of 340 companies recruited at CEIBS in 2014, compared to the three-year average of 403. The number of job postings (1,087) was also down from the three year average of 1,324.
Ford is the only company which hired five or more graduates in 2014. MBA employers for two or more graduates include: AstraZeneca, Infosys, McDonald’s, Microsoft, Nike, Samsung and UBS.
CEIBS Median Post-MBA Salary Higher Compared to 2013
There has also been a slight increase in the post-MBA salary for CEIBS graduates, with overseas students working outside mainland Chinese getting the highest post-MBA salaries. The total median MBA salary for 2014 is a base salary of RMB 387,000 plus other guaranteed compensation of RMB 88,500 for a grand total of RMB 475,500 (US$77,398). Compared to last year’s median salary of RMB 475,000 (annual base salary plus other guaranteed compensation), this is an increase of RMB 25,000 (US$4,069) and a 5.5% salary increase compared to last year.
Overseas students working outside mainland China, which comprise 14.8% of the Class of 2014, have the highest total median salary RMB 635,936 (an annual base salary of RMB 540,600 plus other guaranteed compensation of RMB 95,336). This is an increase of RMB 190,936 or 43% compared to 2013.
Nicole is the SEO manager of TopMBA.com, as well as a contributing author. She holds a BA in history and sociology, and a master's in library science. Aside from her work for QS, Nicole is a long-time contributing editor and administrator for WikiHow.
CEIBS MBA Employment Report Shows Slight Salary and Employment Increase
By Nicole Willson
Updated UpdatedShanghai-based China Europe International Business School (CEIBS) ranked 11th for Asian business schools in the Global 200 report released its 2014 MBA Career Report (PDF) on Thursday. The report indicates a slight increase in the job acceptance rate and salary compared to last year.
Demographic Data for the CEIBS MBA Class of 2014
The CEIBS MBA Career Report 2014 is based on career data for the Class of 2014, which graduated on April 27th. Of the 189 graduates, 82 (43.3%) are overseas students, mainly from the Asia Pacific region. Prior to enrolment, students had been working an average of 5.7 years. The most popular pre-MBA industries were technology (22.2%), finance (15.8%), and manufacturing (11.3%).
Job Offer Acceptance Rate for CEIBS MBA Class of 2014 Slightly Higher than Last Year
The job offer acceptance for the 2014 CEIBS MBA class of is 91.9% compared to last year’s employment rate of 90.1% – a 1.8% year-on-year increase. According to Yvonne Li, CEIBS’ MBA director for admissions and career services, the job offer acceptance rate can be viewed as the equivalent of the previously used ‘employment rate’. The terminology was changed this year to keep in line with the standards of the MBA Career Service and Employment Alliance, as well as what is used globally.
A total of 340 companies recruited at CEIBS in 2014, compared to the three-year average of 403. The number of job postings (1,087) was also down from the three year average of 1,324.
Ford is the only company which hired five or more graduates in 2014. MBA employers for two or more graduates include: AstraZeneca, Infosys, McDonald’s, Microsoft, Nike, Samsung and UBS.
CEIBS Median Post-MBA Salary Higher Compared to 2013
There has also been a slight increase in the post-MBA salary for CEIBS graduates, with overseas students working outside mainland Chinese getting the highest post-MBA salaries. The total median MBA salary for 2014 is a base salary of RMB 387,000 plus other guaranteed compensation of RMB 88,500 for a grand total of RMB 475,500 (US$77,398). Compared to last year’s median salary of RMB 475,000 (annual base salary plus other guaranteed compensation), this is an increase of RMB 25,000 (US$4,069) and a 5.5% salary increase compared to last year.
Overseas students working outside mainland China, which comprise 14.8% of the Class of 2014, have the highest total median salary RMB 635,936 (an annual base salary of RMB 540,600 plus other guaranteed compensation of RMB 95,336). This is an increase of RMB 190,936 or 43% compared to 2013.
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Nicole is the SEO manager of TopMBA.com, as well as a contributing author. She holds a BA in history and sociology, and a master's in library science. Aside from her work for QS, Nicole is a long-time contributing editor and administrator for WikiHow.
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