HEC Montreal MBA Employment Report - École de gestion

Innovative,
Relevant,
International

MBA Employment Report /
Class of 2013

Summary /

The HEC Montreal MBA:
a springboard to the future!
Our 2013 graduates
achieved excellent results
in a competitive market(1):

85%

found employment within 6 months
of graduation

$99,732(2)

average total compensation

35%(2)

average increase

(1) 73% of graduating students responded to the survey
(2) Includes average annual base salary and average performance bonus
Note: These results are for the full-time intensive MBA program only
(i.e. excluding the part-time MBA and the EMBA)

3

Message from MBA Employment Report / Class of 2013
the DirectorS /

Year after year, the HEC Montréal MBA program draws in selected
students ready for the challenge and able to follow through on their
commitments. Indeed, successfully completing the MBA program
within a period of one year requires not only talent, but outstanding
organisation skills and considerable adaptability.

Our students have a significant advantage: they already have substantial
experience under their belts when they join the program, which gives
them the opportunity to learn from both their fellow students and
their professors. Their language proficiency, their mobility and their
strong interpersonal skills combined with their leading edge knowledge
acquired in the MBA program makes them prime candidates for
recruiters who, again this year, were very impressed by our graduates.

The HEC Montréal MBA program goes way beyond an academic
education; it is a life experience, a springboard to the future,
a breeding ground of expertise.

Pierre Francq Michael D.Wybo
Director MBA Program
Career Management Services Director

4

Profile of MBA Graduates
Class of 2013 /

Average age: Countries represented: Fluency in at least 3 languages:
31 26 49%
Fluency in at least 4 languages:
Work experience: Fluency in French: 9%
7 years 93% Native languages:
22
Men: Fluency in English:
67% 100% Engineering

Women: 32%
33%
Humanities & Education
Undergraduate Background
32%
Administration

23%

Pure & Applied Sc.
and Health Sciences

13%

5

Carefully selected MBA Employment Report / Class of 2013
students...

well-known
for their:

 Leadership and strategic vision
 Leading-edge management

expertise
 Abilities to deal with change
 Understanding of local, national

and international issues and
multicultural dimensions
 Analytical and business skills
 Ability to handle complex situations
 Management of sustainable
development
 Corporate social responsibility
and ethical behaviour
 Strong communications skills
 Technological skills

6

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MBA Graduates Compensation MBA Employment Report / Class of 2013
Class of 2013 (1) /

Salary Information (2)

Annual Base Incentive Total
Salary Bonus Remuneration (3)

Average $80,532 $19,200 $99,732
Median $80,000 $10,000 $90,000
Maximum $140,000 $75,000 $215,000

(1) 97% of employed graduates who have confirmed their compensation Maximum
(2) Excludes average signing bonus of $3700 $85,000
(3) Average increase in compensation pre-MBA/post-MBA is 35% $100,000
$85,000
Salary Information by Function $110,000
$90,000
% Average Annual Median $140,000
Base Salary
$81,000 Maximum
Consulting/Strategy/ 21% $76,428 $80,000 $100,000
Management $70,000 $110,000
$80,000 $110,000
Finance 14% $79,857 $85,000 $140,000
$81,500 $90,200
General Management 07% $68,333
Maximum
Marketing/ 31% $82,016 $110,000
Business Development $92,000
$140,000
Operations/Logistics 10% $81,250

Others (1) 17% $92,875

(1) Accounting, Information, Technologies, Others

Salary Information by Industry

% Average Annual Median
Base Salary
$80,000
Financial Services 19% $74,187 $78,000
Information Technologies $85,000
Manufacturing 17% $82,600 $70,000
Others (1) $85,000
Retail 17% $86,000

35% $79,384

12% $85,040

(1) Consumer Goods, Entertainement/Media, Real-Estate, Health/Pharma/Biotech, NFPO, Others

Salary Information by Region

% Average Annual Median
Base Salary
$80,000
Province of Quebec 62% $78,923 $88,500
Canada – Outside Quebec 12% $76,875 $90,200
International (1) 26% $88,600

(1) Africa, South America, Asia, Europe, Middle East

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Businesses recruiting HEC Montréal
MBA Graduates (*) /

Accenture Ernst &Young National Film Board of Canada
Air Canada Eski Inc. Nitro Conseil
Airmedic Eur-Pro Operating LLC Nspro
ALDO Excellium Technologies Oracle
Alghanim Industries Fidelity investments P& G
Amazon Fluxys Belgium P3 North America
American Apparel FONEX Pharmascience Inc.
AMT FPInnovations Pivotal Payments
Aon Future Electronics Plasco Energy group
BANCO DEL BAJIO GE Pratt & Whitney Canada
Banque Laurentienne GE Appliances - Mabe Canada PwC Corporate Finance LLC
Banque Nationale GE Capital Rail Cargo Italia
BDC Venture Capital GE Healthcare RBC
Bell Canada Geodigital Information Inc. Rio Tinto
bLife Inc. Gerflor Group Rogers
BMCI Gestias Rolls Royce
BMO Gestion Valeo s.e.c. Roynat Capital
BMO Capital Markets GH Médical Inc Saine Marketing
BNT Studio GIRO SAP Canada
Bodegas Carrau Gosselin Photo Vidéo inc. ScotiaBank
Bombardier Aeronautique Gouvernement du Canada Secor-KPMG
Bombardier Transport Groupe Park Avenue Share Results
Bravo Telecom Inc. Grupo Later- Cer S.A. Shaw Communications
Brio Conseils Hailo Mreal Snamprogetti Canada
BusBud.com HAKA solutions Sogeca
Carritec HILTI Sun-Rype Products Ltd
CGI Hôpital Maisonneuve-Rosemont SurfAds
Chantal Chamandy Entertainment IBM Systèmes médicaux Intelerad
CN ICAO (International Civil Aviation Organiza- TD Bank Group
Cofely Services - GDF Suez tion) Technology Evaluation Centres
Computer Technology & Services Imperial Oil / Esso TEK Systems
Corporation des Pilotes du St-Laurent central Imperial Tobacco TeleFilm Canada
Cosmopolitan Hotel Industrielle alliance TELUS
Cossette Itelligence The Plum Tree Group
CS Communication and Systems Canada Inc. iWeb Technologies The Study
Daikin Kimberley-Clark Therrien Couture Avocats S.E.N.C
Degetel Konsul Canadian Immigration Consultants Tourism Australie
Deloitte KPIT Technologies LTD Triton Digital
Desjardins Sécurité Financière Lester B. Pearson School Board True North Marine
Desy Life it SAC Ubisoft
Diageo (Colombie) L’Oreal Canada Unycom
Doctors without Boarders Lululemon athletica et GroupM Ville de Québec
DTI Software MCG avocats World Economic Forum
EcoRessources McGill Wypro Canada
Ember Medi1TV Xenon Arc
EMC Corp Mitacs Xstrata
Enercom Mouvement Desjardins ZENFOCUS
Enseignes Valois MSB

(*) Partial list of businesses having hired at least one MBA graduate over the last three years

9

The HEC Montreal MBA Employment Report / Class of 2013
MBA /

Carrying the mark of innovation and excellence, the MBA program is offered in two formats: Intensive MBA and MBA in Action.
The language of study of the Intensive MBA may be French and/or English. Completed within one year, it involves more than
600 hours of courses, just as the two-year program. It is no small feat that our students accomplish successfully.

Practical training easily transferable to the workplace
Our students average 7 years of professional experience and come from various industries. With their training focused on team
work, simulations, case studies and business consulting projects, they continually improve their competitive edge and share
their skills to reach their objectives. Students must learn to manage their time and get results within very challenging deadlines
by relying on the strengths and balance of their task force.

Individual management coaching
Becoming a better manager is also knowing how to benefit from the experience of others. The personalized coaching program
g­ ives students the opportunity to share their management concerns with seasoned practitioners who can help them develop
their insight capabilities and adopt new management practices.

A truly international experience
The HEC Montréal experience is living in a multilingual and multicultural environment with students o­ riginating from more than
20 countries. To get a better understanding of the dynamics of international exchanges, students can also take part in the Campus
Abroad program. This gives them the opportunity to experience global immersion and e­ xposes them to the business culture
of certain industries in a chosen region by interacting directly with local business managers and company executives. In 2013,
students visited Australia, Morocco and Russia..

Leadership in action and additional training
The School and the Association des étudiants MBA (AEMBA) offer students several opportunities to demonstrate their leadership.
The can organize seminars, get involved in the administration of the AEMBA or of the clubs active on campus. Students can also
strengthen their skills by registering for SAP certification, business French or English classes or interuniversity competitions.

A world-class MBA

 Top 10, Canadian Business, 2013: Ranking of the best MBA programs in Canada.
 TOP 25, Forbes, 2013: Biennal ranking of the best non-US MBA programs.
 TOP 25, AméricaEconomía, 2013: Ranking of the best business schools

outside of Latin America
 TOP 60, New York Times, 2013: Global employability ranking.
 TOP 50, Poets & Quants, 2013: Ranking of the best non-US MBA programs
 TOP 100, The Economist, 2013: Ranking in the Guide of the best

100 MBA programs around the world.
 Expansiòn, 2013: Ranking in the Guide of the best MBA programs

around the world.

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Career Management
Services /

Upon their arrival on campus, our MBA students are invited to identify their career objectives. They also
b­ enefit from personalized coaching services for job search and have access to first class resources.
­Furthermore, Career Management Services are available to alumni throughout their professional lives.

Here are some of the activities and themes addressed:

Self-assessment and career choices /
Writing a winning résumé /
Strategic job search /
Selection interview /
Business etiquette /
Career Seminars /
Breakfast with MBA alumni /
Personalized coaching in job search /
Social media /
Networking /
MBA recruiting Events /
Networking activities with alumni /
Seminars on specific interviews /
Networking Event in Toronto /

Exceptional level of satisfaction

HEC Montréal’s Career Management Services has one of the highest level of satisfaction among all students
in the MBA programs, according to the 2012 results of the GMAC® Annual Graduate Management Education
Global Survey.

Question: How would you rate the overall quality of your school’s career services?

40

30 3.0
15.5
20
9.5
10 19.5
22.5
34.5 HEC
32.0 SBP
23.0
29.0

7.0
0
POOR FAIR GOOD EXCELLENT OUTSTANDING

SBP : Selected Benchmark Programs (6)

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HEC Montréal MBA Employment Report / Class of 2013
at a glance /

HEC Montréal is the very first business school in Canada. Founded in 1907, the School was also the first
in North America to obtain the three most prestigious accreditations in its field: AACSB International,
EQUIS and AMBA. Still today, this three-fold distinction acknowledging the quality of the programs
offered, the high calibre of faculty and students, as well as the resources and support that the institution
provides for its students, confirms the status of this great world-class business school.

HEC Montréal is also:
 Close to 13,000 students, 36% of whom are international students;
 Courses in three languages (French, English and Spanish);
 One of the most extensive faculty of business schools in the Western World,

with 295 professors and more than 500 lecturers;
 Some 40 business study programs from undergraduate to post-graduate levels;
 Anetwork of 73,000 alumni, which is the most important network of business

p­ eople in Quebec. The Réseau-HEC Montréal has seven chapters around the world
and a­ mbassadors in 27 countries;
 The HEC Montréal Europe Alumni association, with more than 3,000 ­graduates
in E­ urope, which makes it the most extensive alumni association in France
for C­ anadian universities;
 The most extensive international exchange programs in Canada
with 114 p­ artner i­nstitutions in 37 countries;
 An institution recognized for its research with more than 60 research chairs
and groups;
 Customized programs for executives and managers offered at the international
l­evel in several languages in various industries : banking, energy, health, sustainable
d­ evelopment, aerospace and multilateral organizations;
 Advanced resources, including a 5,000 m2 library and a trading room updated
in r­ eal-time by Reuters and Bloomberg.

HEC Montréal – Sustainable Campus is a movement Career Management Services 14.04/18.3.29 Design: Graphic Design Studio, HEC Montréal. Printed in Canada.
rallying the entire university community around three HEC Montréal
main spheres of activity: teaching, research and the 5255 Decelles Avenue, Suite 5440
School’s own environment. Montréal (Québec) H3T 2B1
Telephone: 514-340-6169
Fax: 514-340-5680

Postal Address
Career Management Services
HEC Montréal
3000 Côte-Sainte-Catherine Road
Montréal (Québec) H3T 2A7

www.hec.ca/employers