INNOVATIVE RELEVANT INTERNATIONAL - HEC Montréal

INNOVATIVE
RELEVANT
INTERNATIONAL

MBA EMPLOYMENT REPORT /

2015CLASSOF2015

SUMMARY /

The HEC Montréal MBA:
a springboard to the future!

PLACEMENT RATE

88 %(1)

AVERAGE TOTAL COMPENSATION

$98 935

AVERAGE INCREASE PRE / POST MBA

28 %(2)

(1) Employed within six months of graduation.
Response rate to the survey = 76 %
(2) Average annual base salary
Note: These results are for the full-time intensive MBA program only
(i.e. excluding the part-time MBA and the EMBA)

MESSAGE FROM 3
THE DIRECTORS /
MBA EMPLOYMENT REPORT / CLASS OF 2015
Year after year, the HEC Montréal MBA program attracks selected
students ready for the challenge and able to distinguish themselves.
Indeed, successfully completing the MBA program within a one year
period requires not only talent, but outstanding organisation skills
and considerable adaptability.
Our students have a significant advantage: they already have solid
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 much beyond an academic
education; it is a life experience, a springboard to the future,
a breeding ground of expertise.

Guy Benoit Louis Hébert
Director MBA Program
Career Management Services Director

4

PROFILE OF MBA GRADUATES
CLASS OF 2015 /

WORK EXPERIENCE: COUNTRIES REPRESENTED: FLUENCY IN AT LEAST 3 LANGUAGES:
7 YEARS 29 53 %

AVERAGE AGE: FLUENCY IN FRENCH: FLUENCY IN AT LEAST 4 LANGUAGES:
31 61 % 17 %

MEN: FLUENCY IN ENGLISH: NATIVE LANGUAGES:
64 % 100 % 20

WOMEN:
36 %

UNDERGRADUATE BACKGROUND 32 %ENGINEERING

29 %ADMINISTRATION

PURE & APPLIED SC. HUMANITIES

15 %AND HEALTH SCIENCES 20 %& EDUCATION
4 %COMPUTER SCIENCE

CAREFULLY SELECTED 5
STUDENTS...
MBA EMPLOYMENT REPORT / CLASS OF 2015
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

MBA GRADUATES COMPENSATION 7
CLASS OF 2015 /
MBA EMPLOYMENT REPORT / CLASS OF 2015
SALARY INFORMATION (1) Annual Base Guaranteed Total
Salary Compensation(3) Compensation
Average $88,360(2)
Median $80,000 $10,575 $98,935
$8,000 $88,000

(1) 73 % of employed graduates confirmed their annual base salary
(2) Average increase compared to pre-MBA salary = 28 %
(3) Excluding signing bonus.
36 % of employed graduates who reported salary information reported guaranteed compensation.

SALARY INFORMATION BY FUNCTION

% Average Annual Median Maximum
Base Salary $80,000 $86,000
Consulting 41 % $76,444 $80,000 $144,000
General Management 14 % $101,333 $64,000 $106,000
Marketing/Business $78,000 $232,000
Development 14 % $75,000
Others(1)
31 % $103,857

(1) Finance, IT, Operations & Logistics, Project Management/Change Management

SALARY INFORMATION BY INDUSTRY

% Average Annual Median Maximum
Base Salary
Consulting 18 % $78,750 $80,000 $85,000
Financial Services 23 % $75,600 $80,000 $86,000
Technologies 18 % $93,500 $80,000 $144,000
Others(1) 41 % $97,444 $78,000 $232,000

(1) Aeronautics, Energy, Mines, Transportation, Education, Non-Profit, Retail

SALARY INFORMATION BY REGION

% Average Annual Median Maximum
Base Salary
Province of Quebec 64 % $82,643 $76,500 $144,000
Canada – Outside Quebec 23 % $87,200 $85,000 $106,000
International(1) 13 % $117,000 $64,000 $232,000

(1) USA, Europe

8

EXAMPLE OF BUSINESSES RECRUITING
HEC MONTRÉAL MBA GRADUATES * /

Airmedic Dunsky Energy Consulting JSS Medical Research Qube-4D
Amazon EDI Gateway KPIT Technologies LTD Rail Cargo Italia
BalletX EMLYON Business School KPMG+SECOR Raymond James
Bam Strategy Fedex Canada Kruger RBC Royal Bank
Banque de Développement FGL Sports Limited Lincoln electric Renta Urbana S.A.S.
du Canada Fluttrbox L’Oreal Canada Rio Tinto Alcan
BCP FONEX Lululemon Athletica & GroupM Rogers
BDC Venture Capital GE Appliances - Mabe Canada MA Baulne Roynat Capital
BMO Banque de Montreal Gerflor Group Manulife Securities Sectoral Asset Management
BMO Capital Markets Gestias Mutek Shaw Communications
Bombardier Gestion Valeo s.e.c. National Bank of Canada Sogeca
Bombardier Aerospace GIRO Noramtec Consultants Square
BroadSoft Groupe Park Avenue Office national du film Standard Life
CAE Inc. Grupo Later- Cer S.A. du Canada Superfish
CGI Hailo Montreal Oracle Tata Communications
Chappuis Halder & Cie. Henlex Ovis Equipments Private Telus Health
CIBC Hilti Canada Limited Tetra Tech Industries
CIRANO ICM Group PBSC Urban Solutions Inc Textualis
Cofely Services - GDF Suez Imperial oil Pharmascience Inc. Thermo Fisher Scientific
Deloitte Intact Pivotal Payments True North Marine
Desjardins Intangent Inc Proaction international Ubisoft
Doctors without Boarders Jamp Pharma Public Bike System World Economic Forum

EXAMPLE OF ROLES OBTAINED
BY MBA GRADUATES /

Account Director Community Manager Investments Manager Relationship Manager
Account Manager Controller IT Manager Senior Consultant
Advisor, Human Capital Director Business Development Junior Consultant Senior Financial Analyst
Consultant Director Operations and R&D Manager Process Design Strategic Sourcing Liaison
Analyst Director Product Development & Optimization Technical Program Manager
Analyst, Business Development Director - Project Development Marketing and PR Specialist Technical Sales Representative
Associate, Canadian Banking Director, North America MBA Intern Technology Advisor
Leadership Program Global Leadership Development Online Marketing Manager Vice President Organizational
Associate, Investment Banking Program Procurement Specialist Development
Business Consultant Head of Controlling Product Manager Wealth Rotational Program
Category Manager Head of Opperations Program Manager
CEO Head of Services Project Manager

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

THE HEC MONTRÉAL 9
MBA /
MBA EMPLOYMENT REPORT / CLASS OF 2015
Carrying the mark of innovation and excellence, the MBA program is offered in two formats: full time and part time.
The language of study of the full time 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 more than 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 means living in a multilingual and multicultural environment with students ­originating
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 ­exposes
them to the business culture of certain industries in a chosen region by interacting directly with local business managers
and company executives.

LEADERSHIP IN ACTION AND ADDITIONAL TRAINING
The School and the MBA Students Association (AEMBA) offer students several opportunities to demonstrate their leadership.
They can organize seminars, get involved in the administration of the AEMBA or in one 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
2015: Top 10 MBA programs in Canada

→→ TOP 11 Forbes
2015: Biennial ranking of best non-US MBAs

→→ TOP 25 Poets & Quants
2015: Ranking of best non-US MBAs

→→ TOP 29 Bloomberg Businessweek
2015 : Ranking of best international full-time MBA programs

→→ TOP 40 AméricaEconomía
2015: Ranking of best MBA outside of Latin America 

→→ TOP 50 New York Times
2014: Global Employability Ranking

10

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.
F­ urthermore, 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 /

HEC MONTRÉAL 11
AT A GLANCE /
MBA EMPLOYMENT REPORT / CLASS OF 2015
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 world-class business school.

HEC MONTRÉAL IS ALSO:
→→ More than 13,000 students, 34 % of whom are international students;
→→ Courses in three languages (French, English and Spanish);
→→ HEC Montréal faculty, with its 274 members, is one of the largest among  all the

business schools in the Western world;
→→ Some 60 business study programs from undergraduate to post-graduate levels;
→→ A network of 82,000 alumni, which is the most important network of business

­people in Quebec. The Réseau-HEC Montréal has seven chapters around the world
and ­ambassadors in 27 countries;
→→ The HEC Montréal Europe Alumni association, with more than 4,000 g­ raduates
in ­Europe, which makes it the most extensive alumni association in France
for C­ anadian universities;
→→ The most extensive international exchange program in Canada
with 127 p­ artner ­institutions in 40 countries;
→→ An institution recognized for its research with more than 58 research chairs
and groups;
→→ Customized programs for executives and managers offered at the national and
the international level in several languages in various industries: banking, energy,
health, sustainable d­ evelopment, aerospace and multilateral organizations;
→→ Industry leading resources, including a 5,000 m2 library and the National Bank
Financial Trading Room supplied with realtime financial data and linked to
the Bloomberg information and analysis services.

Printed in Canada.

CAREER MANAGEMENT SERVICES SDG-5113 (04.2016)  Produced by the Career Management Services. Designed by the HEC Montréal Graphic Design Studio.
HEC Montréal
5255 Decelles Avenue, Suite 5440
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

hec.ca/employers