For most MBA students, the MBA has proved to be a cornerstone in their career.
On one hand, a significant share of MBA students has had little to no business management experience before entering the program: they are lawyers, doctors, engineers etc. As they leave the MBA, most of them enter a management position, sometimes in their own field of expertise, but often in a totally different field.
On the other hand, even for students with a previous management experience and / or a business education, an MBA program often translates into a new career: from marketing to finance, for instance.
Whatever the magnitude of the change in the orientation of the career, the MBA is a major opportunity to shape your professional future and to give it a serious boost!
Many careers immediately after completion of the MBA are in consulting and major financial institutions, which can account for more than 60% of hires, the remaining graduates joining industry or the public sector. Consulting and financial institutions are often considered as a further step in a career change, it is therefore not common that those graduates switch to a new employer or sector 3 to 5 years after graduation.
The importance of different recruiting sectors varies widely between business schools and through time, depending on location of the school, reputation of the school in specific sectors and the overall economic cycle. The following table gives an indicative view on the importance of the different sectors: