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MBA Graduates 2009

2009 Employment Statistics. A World of Talent.


INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 1

Contents
2 From the Director

3 Highlights of 2009

6 Profile of 2009 INSEAD MBA graduates

8 Full-time jobs and compensation trends


8 Overview
10 Job Locations
12 Career Changes
14 Salaries and sign-on bonuses by region and country
16 Corporate Sectors
22 Consulting
26 Finance

30 Employers of 2009 INSEAD MBA graduates


30 INSEAD Partnership
31 Top employers
32 2009 recruiting partners

36 Summer internships and compensation trends

42 Recruiting at INSEAD

46 List of countries per region


2 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 3

From the Director Highlights of 2009


A brighter future Employment markets continued to be and participants to meet and a wide
highly impacted by the global recession range of sector treks were on offer
in 2009. Despite the challenges, 86% in 2009: Investment Banking, Media and
In 2009 the INSEAD community To deal with the increase in activity
of INSEAD MBA graduates found High-Tech, Private Equity, Consumer
celebrated the school’s 50th anniversary. required in this economic downturn my
employment within three months of & Luxury Goods, Real Estate and Energy.
The world has changed dramatically team has been strengthened during the
graduation. Our international reach Further regional treks took participants
in the course of INSEAD’s first half- course of this year. This was not only to
continues to spread with graduates now to Japan, Ghana, Korea, India, Brazil and
century but the principles on which it ensure that this year’s promotions had
joining more than 370 companies in 60 Switzerland.
was founded have remained constant. access to the same level of opportunities
countries, our highest number ever. 10
With the global downturn as a backdrop as in previous years, but also to help Another key highlight in 2009 was the
years ago, INSEAD founded its Singapore
we were keen to reinforce the values those MBA alumni who suffered during addition of EMBAs to our portfolio,
campus, and our development strategy
and the entrepreneurial spirit that has the downturn by giving them full access enabling recruiters to recruit both MBAs
in the region has resulted in 22% of
made INSEAD the global force it is today. to the Career Services network. Again it and EMBAs from one single source.
graduates taking job offers in the region.
It was during these celebratory events was the Alumni network that supported
of 2009 that more alumni than ever before them in this task and many of the alumni For the first time in a decade, 44% of our
reconnected with the school eager who suffered found new employment graduates took challenging positions in
to help in any way that they could. through this route. various corporate industries around the
globe – with exceptional growth in the
Their response has been excellent and in As we begin to see the green shoots
Consumer & Luxury Goods, Healthcare
tandem with the innovative and inventive of recovery across the world, I am
and High-Tech/Telecommunications
approach of the Career Services team confident that as we emerge from the
industries. Also for the first time, 4%

370+
more than 86% of MBA graduates in 2009 current challenging times, INSEAD MBA
of INSEAD MBA graduates took social
found employment within the first three graduates can look forward to an even
impact positions immediately upon
months of graduation, a 1% rise over brighter future.
graduation, a testament to the increasing
2008. I would like to take this opportunity
to thank all alumni who helped the
current promotions in their job search
opportunities for graduates in the sector.
companies
in 60
Social media is playing an increasingly
during this past year. important role in the job search, and
we have organised many practical

countries
Sandra Schwarzer sessions on using social networks such
Director, Career Services, as LinkedIn. Treks continued to provide
Europe & Asia Campuses a fantastic opportunity for companies

86% MBA
graduates
employed
in 3 months
4 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 5

A World of Talent

70%
One school, two campuses A first-class business school
and two intakes We attract some of the most talented
The MBA programme runs in parallel on and ambitious young professionals in
two campuses in Europe (Fontainebleau, the world. Drawn to the school by our
France) and Asia (Singapore). Two classes
of approximately 480+ participants
world-class faculty and unparalleled
international alumni network, they leave
of the participants
graduate every year: in July and December INSEAD to create value and growth in transfer between
respectively. This gives you the opportunity
to recruit twice during the year.
companies across the globe.

An intensive preparation
campuses during
The most international for a successful career the year
business school INSEAD graduates do not just offer you
If you are looking for executives who the latest business insights. They bring
are comfortable working across national stamina, teamwork, entrepreneurialism, Participants speak

3+
and linguistic borders, both sensitive organisational skills and effectiveness in
to other cultures and proficient in local the face of pressure to the companies they
business practices, then look no further join. At INSEAD we develop the capacity
than INSEAD. Our uniquely diverse to master a large amount of material in a
environment attracts young professionals short period of time. In this high-pressure
with solid international experience. They
then learn from each other’s differences
environment, we foster collaborative skills
through group work in diverse teams.
languages
and similarities, as well as from our global
curriculum and faculty, before moving on Major international rankings: consistently
on graduation
to pursue careers throughout the world. ranked in the top ten business schools

INSEAD Recognised by CFA Institute


worldwide since 2000; number 5 in the
Financial Times in 2010, number one The top five
as a Programme Partner non-US school in Forbes in 2009, and
nationalities

<36%
INSEAD has joined an elite group number 3 non-US school in Business
of global academic institutions by Week in 2008.
becoming a Programme Partner with CFA
Institute, the international association The alumni network includes CEOs,
for investment professionals. The CFA CFOs, CTOs and Chairmen of global
Programme Partner Initiative recognises
select colleges, universities and business
companies including LVMH, L’Oréal,
Power Corporation of Canada, Roche of total
schools from around the world that have
incorporated a significant percentage of
Holding Ltd, Danfoss, Statoil, Heineken,
AON, Deutsche Bank, Goldman Sachs,
participants
the CFA Programme Candidate Body of Henkel, BASF, Sanofi-Avensis, McKinsey
Knowledge in their degree programmes.
INSEAD’s MBA programme was selected
& Company, Siemens.
Average GMAT
for being academically rigorous and
The one-year programme provides in-
depth knowledge of conceptual models score (2009):

703
closely aligned to professional practice.
and analytical tools in Accounting,
Entrepreneurship, Economics, Finance,
Marketing, Oganisational Behaviour
and Strategy.
6 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 7

Profile of 2009 INSEAD


MBA Graduates
Total number of MBAs Nationality
Asia / Asia Pacific 27% 1
%
7%
932 Central
Central
Asia /Asia
CentralAsia
Asia Pacific27%
Pacific
AsiaPacific
/ AsiaEurope
/ Eastern
Central//Eastern
/Eastern
27%

Europe 5%
Europe
EasternEurope
Central / Eastern Europe 5%
27%
Pacific 27%
5%
7%
5%
7%
1
1
Latin America
%
5% Latin
Latin America 5%
America
LatinAmerica 6%6%
2
Africa / NearLatin East 5%
America 2
/ Middle 9%
2
%
5% Africa Africa
/ Near
Africa//Middle
/Middle East 9%
East10%
MiddleEast 10% 3
%
9%
Africa / Near
North / Middle
America East 9%
11.5% 7 3
Gender North
North
NorthAmerica
America
America11.5%
13%
13% 7 3
North America Europe11.5% 7
Northern 2.5%
4
29%
%
5%
Northern
Northern
Northern Europe
Europe
Europe 2.5%
1%1% 4
%
5%
Female
Northern
SouthernEurope Europe2.5%
12% 4
%
2% Southern
Southern Europe12%
Europe
SouthernEurope 12%
12%

71%
Southern 12%
Europe 28%
Western Europe 5
Western
Western Europe28%
Europe
WesternEurope 24%
24% 7 6 5
%
8% Male Western Europe 28%
7 5
7 6
6
< 26 years Age
6%
< 26 years 6%
< 26 years 41%
26-28 6%
26-28 years 41%
29-31
26-28 years 38%
41%
29-31 years 38%
15%
>31 years 38%
29-31
>31 years 15%
>31 years 15%
Average: 29 years

Work Experience
1-2 years 8%
1-2 years 8%
3-5
1-2 years 35%
8%
3-5 years 35%
5-7 years
3-5 33%
35%
5-7 years 33%
>7 years
5-7 24%
33%
>7 years 24%
>7 years 24% Average: 6 years

Education
Consulting 39%
Consulting 39%

8 INSEAD MBA Graduates 2009 Financial Services 17%


Financial Services 17% INSEAD MBA Graduates 2009 9
Advertising Publishing 1%
Advertising // Publishing 1%

Full-time jobs and ByLuxury


Consumer
Construction 1%
Construction
sector
Consumer // Luxury
group
Goods 8%
Goods 8%
1%
Total 679

compensation trends Corporate


Corporate Services 2%
2%
Services 39%
Consulting
Consulting 39%

Energy
Energy &
& Petroleum
FinancialPetroleum
Financial 3%
3%
Services17%
Services 17%

Overview Advertising Publishing8%


Advertising/Healthcare
Healthcare
/Publishing 8%
1%
1%
Of the 932 participants in the two classes How did they find their job? High-Tech Construction8%
High-Tech // Telecommunications
Telecommunications
Construction 8%
1%
1%
which completed the INSEAD MBA
INSEAD Facilitated Activities # %
programme in July and December 2009, Consumer
Consumer/ /Luxury Goods4%
Manufacturing
Manufacturing
LuxuryGoods 4%
8%
8%
902 (97%) responded to the Career Career Services / Alumni network 321 47 Media
Media Services 1%
// Entertainment
Entertainment
Corporate
Corporate Services 1%
2%
2%
Services survey. Summer job 18 3 Primary
Primary
Energy
Energy Petroleum 2%
&&Industries
Industries
Petroleum 2%
3%
3%
INSEAD Career Services / Alumni 54% Graduate Facilitated Activities
Of these 902 graduates, 776 (86%) Public
Public Sector
Sector // Social
Social Impact 4%
Impact
Healthcare
Healthcare 4%
8%
8%
reported having Own contacts /at
received Networking 21%
least one Pre-INSEAD employer 188 28
High-Tech Transportation 1%
Transportation
High-Tech/ Telecommunications
/ Telecommunications 1%
8%
8%
job offer 3 months after graduation,
Pre-INSEAD employer 679
19%
Own contacts 127 18
(75%) gave us details of their career Travel
Travel // Leisure
Leisure Services 2%
Services
Manufacturing
Manufacturing2%
4%
4%
Creating own company 4%
decision and 535 (59%) reported full Creating own company 25 4
Internships   2% Media Entertainment1%
Media/ /Entertainment 1%
salary information, on which the salaries
TOTAL 679 100 Primary Industries 2%
PrimaryIndustries 2%
section of the following report is based.
Public
PublicSector
Sector/ /Social Impact 4%
SocialImpact 4%

Transportation 1%
Transportation 1%

By sector Total 100 Travel


Travel/ /Leisure Services 2%
LeisureServices 2%

By function Total 679


Consulting 39%
Consulting 39%
Consulting 39%

Corporate
Corporate Planning
Planning // Business Development 11%
Business Development 11%

Finance 14%
Finance 14%
Finance 17%
General Mangement 10%
General Mangement 10%

Marketing Sales 11%


Marketing // Sales 11%

Production
Production // Operations Consulting39%
Consulting
Operations Management
Management 39%
2%
2%
Corporate Sectors 44%
Corporate
CorporatePlanning
PlanningRotational
/Rotational
Business Development11%
/ BusinessDevelopment
Programmes
Programmes 11%
3%
3%

Technology Finance14%
Finance
Technology Management
Management 14%
2%
2%

General Other* 10%


GeneralMangement
Mangement
Other* 10%
8%
8%

Marketing Sales 11%


Marketing/ /Sales 11% * Includes: Accounting & Control, Engineering, Human Resource
Management, Legal, Logistics & Purchasing, Research &
Sectors: comparison over 5 years Production
Production/ /Operations Management 2%
OperationsManagement 2% Development, and a further 4% who did not provide a category.

2009 2008 2007 2006 2005


Rotational Programmes 3%
RotationalProgrammes 3%
Consulting 39% 42% 39% 35% 35%
Technology Management 2%
TechnologyManagement 2%
Finance 17% 18% 28% 29% 30%
Other* 8%
Other* 8%
Corporate 44% 40% 33% 36% 35%
Consulting 36% - 1 Disclaimer: The information included in this report was provided by both MBA graduates and recruiters and has not been
Sectors 1 independently verified. INSEAD Career Services gives no guarantee as to its accuracy.
Corporate Planning / Business Development 10% - 2
7
Finance 23% - 3
10 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 11

Job Locations
At INSEAD, we pride ourselves in the Asia Pacific confirmed its strong

59% of our MBA graduates


exceptional diversity of our graduates, popularity, with increased opportunities
and our global footprint is reflected in in Singapore (39% of accepted
the career destinations of our MBAs. positions in this region), China (11%),
59% of our MBA graduates changed
their country of work after attending
Japan (9%) and Korea (8%). India, Hong
Kong and Australia each attracted 7% changed their country of
work after attending INSEAD
INSEAD – an outstanding and truly unique of the graduates, and MBAs also joined
achievement as a business school. companies in Bangladesh, the Philippines,
Indonesia and Taiwan.
INSEAD’s global reach was further
strengthened in 2009 through corporate
outreach activities both through our 40,000
strong alumni network in 163 countries,
our international faculty and staff and
diverse student population with the result
that companies in 60 countries turned
to INSEAD to source talent in 2009.

Emerging markets, and specifically


Eastern/Central Europe, Latin America,
Africa and Asia Pacific continued
to provide interesting opportunities for
our graduates.Western Europe stabilised
with 42% of accepted positions, while
North America continued to grow.

Europe, Germany, Italy and The


Netherlands attracted a significantly
higher number of graduates than in 2008.
The United Kingdom, where restraining
immigration policies and a battered
financial services industry continuedto
impact hiring, nevertheless saw an
increase compared to 2008.

By region Total 679


Africa / Near / Middle East 9%
Asia Pacific 22%
Central / Eastern Europe 5%
Latin America 5%
North America 8%
Northern Europe 1%
Southern Europe 8%
Western Europe 42%
12 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 13

Region or country changes


Career changes Nationalities: who stays home and who goes abroad(1) Total 679

It is clear that INSEAD MBA participants Changes of business sector Regions # Home Abroad
have a huge appetite for change. Thanks
North America 77 42% 58%
to their international experience and Former consultants
Eastern Europe 77
North America 52 42%
50% 58%
50%
renowned adaptability, 83% of INSEAD’s
2009 graduates succeeded in changing Finance 8% Europe 528
Eastern Europe
Northern 50%
50% 50%
50%
their function, sector or country of work Northern
Southern Europe 8
Europe 85 50%
53% 50%
47%
on leaving the MBA programme. 26% Corporate Sectors 20%
Southern
Africa / Middle East 85
Europe 68 53%
54% 47%
46%
changed all three at once (up from Consulting 72% Africa / Middle 68
East 170
Asia Pacific 54%
68% 46%
32%
19% in 2008), which is an impressive
achievement. Whereas many consultants Latin Pacific 170
AsiaAmerica 44 68%
73% 32%
27%
returned to their pre-MBA industry, Latin America
Western 44
Europe 175 73%
86% 27%
14%
financial services professionals were Former finance professionals
Western Europe 175 86% 14%
for the first time more attracted by the
corporate sectors (+10%) than consulting Corporate Sectors 23% Within selected nationalities*
(-7%). Positions in the corporate sectors Consulting 19% Regions #
Israeli 14 14%
Home 86%
Abroad
gained in popularity not only among
former consultants but also among those Finance 58% Pakistani 11
Israeli 14 18%
14% 82%
86%

coming from the finance sector (up Canadian 26


Pakistani 11 19%
18% 81%
82%
10% from 2008). Half of the MBAs with 44
Indian 26
Canadian 23%
19% 77%
81%
previous industry experience decided Former corporate sectors professionals Chinese 23
Indian 44 35%
23% 65%
77%
to try a different corporate sector after 22
Spanish 23
Chinese 36%
35% 64%
65%
graduation. Finance 7% American 51
Spanish 22 41%
36% 59%
64%
44% 56%
Compared to previous years, more Consulting 23% American 16
Russian 51 41% 59%

Pakistani, Israeli, Canadian, Indian, Australian


Russian 1617 47%
44% 53%
56%
Chinese and Russian participants
Corporate Sectors 70%* Greek 17
Australian 12 50%
47% 50%
53%
decided to take up opportunities Of 216 participants who remained in the Corporate Sectors, Lebanese 24
Greek 12 54%
50% 46%
50%
outside their home countries. The vast 51% (110) stayed in the same sector, while 49% (106) opted
57
French 24
Lebanese 56%
54% 44%
46%
for a change.
majority of Brazilian, Dutch, Swiss, 25
Italian 57
French 56%
56% 44%
44%
Korean, Singaporean and British students 60% 40%
Portuguese 20
Italian 25 56% 44%
returned to their home countries An appetite for change 13
Belgian 20
Portuguese 62%
60% 38%
40%
post INSEAD.
83% of INSEAD MBAs German 42
Belgian 13 69%
62% 31%
38%
changed career (562) 27
British 42
German 70%
69% 30%
31%
Singaporean 22
British 27 73%
70% 27%
30%
60% 406 changed function 12
Korean 22
Singaporean 75%
73% 25%
27%
59% 403 changed country 14
Swiss 12
Korean 79%
75% 21%
25%

31% 213 changed sector 17


Dutch 14
Swiss 82%
79% 18%
21%
Brazilian
Dutch 1726 85%
82% 15%
18%
and 92% 8%
Japanese 12
Brazilian 26 85% 15%
26% 179 changed all Japanese 12 92% 8%
3 dimensions (1) For the list of countries per region, * Includes nationalities with more than
please refer to pages 46, 47 and 48. 10 participants.
14 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 15

How salaries have evolved: comparison over 5 years in local currency (median salary)

Compensation trends
France (€)
2009
81,000
2008
72,000
2007
81,000
2006
77,900
2005
76,300

by region and country Germany (€)


Singapore (SG$)
92,750
140,000
95,000
141,300
90,000
149,500
87,100
141,000
82,000
158,700
Switzerland (SFr) 145,000 130,000 135,000 129,800 139,000
United Kingdom (£) 65,000 67,800 65,000 64,800 60,000
Our graduates accept jobs in a highly Around 49% of graduates reported USA (US$) 120,000 117,700 120,000 109,300 110,000
diverse selection of countries, sectors sign-on bonuses, a big decrease when
and functions. This is reflected in the compared to pre-recession years. While By country in local currency*
diversity of their salaries. To allow a most graduates in Lebanon (93%) and
# Range Mean Median % of Sign-on Median
comparative analysis, we have included Brazil (83%) reported having received Bonus Sign-on €
salary information at a regional and sign-on bonuses, fewer students reported Australia (AUS$) 9 120,000 – 349,000 169,000 150,000 44% -
national level. bonuses in Southern and Western Europe Belgium (€) 14 72,000 – 102,000 79,200 77,000 71% 22,500
Brazil (Real) 18 105,000 – 250,000 203,500 210,000 83% 45,000
or Asia Pacific.
Salaries remained more or less stable Canada (CDN$) 6 85,000 – 140,100 108,400 110,000 33% -
China (Renminbi) 10 342,000 – 800,000 618,000 650,600 40% -
in 2009. Compared to 2008, average Please note that all salary figures quoted France (€) 46 52,000 – 120,000 79,500 81,000 59% 16,000
salaries increased in Europe (Spain +13%, are gross, annual and basic – exclusive of Germany (€) 30 50,000 – 180,000 97,000 92,750 33% 15,000
Switzerland +10%,France +8%,Italy +5%), all extras such as fringe benefits or sign- Greece (€) 5 44,000 – 75,000 59,800 55,000 40% -
The United States (+4%), Brazil and the on bonus. The data should be interpreted Hong Kong (HK$) 8 615,000 – 877,200 693,000 661,000 62% 125,000
UAE (+3% each). Overall, annual base in the context of widely differing national India (Rupee) 8 1,000,000 – 3,100,000 2,025,000 2,000,000 37% -
Italy (€) 16 64,000 – 90,000 71,700 70,000 50% 15,000
salaries ranged from €10,000 to €218,000, employment markets, levels of taxation Japan (Yen) 13 6,419,400 – 22,651,300 12,591,400 12,000,000 23% -
which also constitutes the widest regional and costs of living, as well as possible Korea (Won) 9 60,000,000 – 126,867,600 94,857,600 96,662,000 55% 24,165,300
range in Asia Pacific. variations in exchange rates. Lebanon (LBP) 14 89,831,700 – 197,629,800 179,911,900 194,635,400 93% 29,943,900
Malaysia (Ringgit) 5 252,000 – 414,200 344,200 345,000 0% -
Portugal (€) 10 40,000 – 77,000 66,800 70,000 40% -
Romania (Leu) 5 162,000 – 338,500 282,100 338,500 40% -
Russia (Rouble) 8 3,083,700 – 5,461,100 3,775,900 3,692,600 50% -
Overall annual mean salary € 76,900 US$ 111,700 Saudi Arabia (Riyal) 5 384,000 – 861,800 544,800 432,000 20% -
Singapore (SG$) 46 60,000 – 450,000 142,100 140,000 48% 21,900
Overall annual median salary € 77,000 US$ 111,900 Spain (€) 11 47,000 – 120,000 77,800 77,250 36% -
Overall median sign-on bonus* € 14,600 US$ 21,200 Switzerland (SFr) 25 103,500 – 185,000 144,600 145,000 44% 15,000
The Netherlands (€) 23 56,000 – 93,400 79,400 80,000 61% 17,750
*49% of salaries overall reported with sign-on bonus
UAE (UAE Dirham) 18 290,600 – 918,000 455,200 468,200 50% 73,400
Exchange rate: €1 = US$1.45311
United Kingdom (£) 90 30,500 – 125,000 66,100 65,000 51% 14,150
USA (US$) 32 75,000 – 225,000 122,000 120,000 50% 20,000

Total 484
By region*
* Where at least 5 salaries were reported. ** Where at least 5 sign-on bonuses were reported.

# Range € Mean € Median € % of Sign-on Median Exchange rates


Bonus Sign-on €
Africa / Middle East 48 16,400 – 172,200 80,200 86,500 58% 13,800 The exchange rates used to compile the tables above are given below.
Asia Pacific 117 10,000 – 218,700 67,200 68,100 41% 12,200
Currency 2009 per €* 2009 per US$* Currency 2009 per €* 2009 per US$*
Central / Eastern Europe 26 38,300 – 130,000 80,400 80,000 31% 16,000
Australia (AUS$) 1,67283 1,15247 Lebanon (LBP) 2209,89674 1520,87908
Latin America 23 35,800 – 95,800 71,800 80,500 83% 14,600
Brazil (Real) 2,63131 1,81243 Malaysia (Ringgit) 5,04326 3,47200
North America 38 51,700 – 155,000 81,700 80,900 47% 13,800
Canada (CDN$) 1,56697 1,07890 Romania (Leu) 4,26085 2,93332
Northern Europe 5 72,000 – 114 200 91,700 93,400 60% -
China (Renminbi) 9,93714 6,83857 Russia (Rouble) 44,22919 30,46059
Southern Europe 45 40,000 – 120,000 70,000 70,000 40% 15,000
Greece (€) 1 0,68871 Saudi Arabia (Riyal) 5,45471 3,75382
Western Europe 233 34,400 – 180,000 81,400 80,000 52% 15,000
Hong Kong (HK$) 11,27441 7,75134 Singapore (SG$) 2,05875 1,44245
Total 535 India (Rupee) 69,45841 47,81768 Switzerland (SFr) 1,51432 1,04291
Japan (Yen) 133,23492 91,75545 UAE (Dirham) 5,33857 3,67388
Korea (Won) 1753,79299 1207,7237 United Kingdom (£) 0,88796 0,61111
USA (US$) 1,45311 1
* Source: Oanda.com (average exchange rate 01/07/2009 -31/12/2009)
16 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 17

Corporate sectors
By sectors Total 293
In 2009, for the first time, 44% of students Salaries continued to increase by +4%
(up from 40% in 2008) chose corporate overall, but varied widely by sector and Adevrtising / Publishing 1%
sector positions over any other sector. region. Compared to previous years, Adevrtising / Publishing 1%
Construction 2%
Several sectors, such as Consumer and fewer salaries were reported with sign- Construction 2%
Consumer / Luxury Goods 19%
Luxury Goods, Healthcare and High Tech/ on bonuses. With the exception of the Consumer / Luxury Goods 19%
Corporate Services 4%
Telecommunications grew particularly UK, mean salaries increased across
Corporate Services 4%
strong, while the Energy sector had Western Europe while we noted a strong Energy / Petroleum 7%
fewer positions compared with previous decrease of salaries in both Korea (-36%) Energy / Petroleum 7%
Healthcare 17%
years. MBAs continued to manifest a and in China (-21%). Salaries particularly Healthcare 17%
High Tech / Telecommunications 19%
very strong interest in Social Impact increased in the Media/Entertainment High Tech / Telecommunications 19%
Manufacturing* 9%
careers, further strengthened through sector (+20%). Salaries for finance and
Manufacturing* 9%
INDEVOR, INSEAD’s Social Impact club, consulting positions dropped, whilst Media / Entertainment 3%
which organised numerous consulting salaries for positions in Marketing/Sales Media / Entertainment 3%
Public Sector / Social Impact 9%
projects, treks and The Great Debate and Business Development/Corporate Public Sector / Social Impact 9%
Primary Industries 5%
on campus. While in-house consulting Planning increased. Primary Industries 5%
roles lost some of their attractiveness, Transportation 0.5%
2009 also saw strong involvement by Transportation 0.5%
Business Development/Corporate Planning Travel / Leisure Services 4.5%
and Marketing and Sales roles saw a the following clubs: Healthcare, Energy, Travel / Leisure Services 4.5% * Includes Aeronautics, Automobiles, Electronic Equipment,

large increase in demand – both by Consumer & Luxury Goods, High- Fabricated Metal Products, Miscellaneous Manufacturing Products
and Non-Electric Machines.
corporations as well as students. Tech/Media and INDEVOR. Each now
publishes a targeted CV book which
Asia Pacific and Western Europe was very successfully marketed to firms By top functional areas Total 244 / 84% (% of total Corporate Sectors)
remained strong drivers for opportunities around the world.
in corporate sectors. Within the APAC Consulting 5%
region, Japan and Singapore had most
opportunities; in Europe, students How did they find their job? Corporate Planning / Business Development 24%
Finance 7%
especially joined companies located in
INSEAD Facilitated Activities # % General Management 16%
Germany and the UK.
Career Services / Alumni network 154 53 Marketing / Sales 22%
Production / Operations Management 5%
Summer job 4 1
Rotational Programmes 5%
Graduate Facilitated Activities

Pre-INSEAD employer 35 12


Own contacts 85 29
An INSEAD class is notable for drawing students from all walks
Creating own company 15 5
of life with diverse international backgrounds. When the INSEAD
TOTAL 293 100 MBA brings them together we can see their common values -
intelligent, commercially oriented individuals with a clear dedication
to excellence and focus on business. We partner with INSEAD to find
future leaders to whom we offer opportunities of global careers with
ambition and passion.
L’Oréal

General Management 16%
Corporate
CorporatePlanning /General
Planning/ Business Development16%
Management
BusinessDevelopment 24%
24%
Marketing / Sales5%
Consulting
Consulting 22%
5%
18 INSEAD MBA Graduates 2009 Marketing / Sales
Finance 22%
Finance 7%
7% INSEAD MBA Graduates 2009 19
Corporate
CorporatePlanning
Production / /Business
Planning / Development
Operations
Business Management
Development 24%5%
24%
Production / Operations
General Management16%
Management
GeneralManagement 5%
16%
Finance
Rotational Management Programme
Finance 7%
5%
7%
Rotational Management Programme
Marketing
Marketing/ Sales 5%
/ Sales22%
22%
General
GeneralManagement
Management 16%
16%
Production
Production/ Operations Management5%
Management
/ Operations 5%
Marketing
Marketing/ Sales 22%
/ Sales 22%
Rotational
RotationalManagement
Management Programme
Programme 5%
5%
Production / Operations
Production Management
/ Operations 5%
Management 5%
Corporate
Rotational
Rotational Sectors
Management
Management by region
Programme
Programme 5%5%
Total 293

Africa / Middle East 7%


Africa / Middle East 7%
Asia Pacific 26%
Asia Pacific 26%
Central / Eastern Europe 3%
Central / Eastern
Africa
Africa East3%
Europe
/ Middle
/ MiddleEast 7%
7%
Latin America 3%
Latin
AsiaAmerica
Pacific
Asia 3%
Pacific26%
26%
Africa
Africa/North
Middle
/ MiddleEast
America
East7%
9%
7%
Central
Central /North
/ Eastern America
Eastern Europe
Europe 9%
3%
3%
Asia
Northern
AsiaPacific
Europe26%
Pacific 1%
26%
Northern
Latin Europe
America
Latin America 1%
3%
3%
Central
Central/ Eastern
Southern
/ EasternEurope
Europe 3%6%
3%
Southern
North America6%
Europe
NorthAmerica 9%
9%
Latin
Western America
Latin Europe
America 3%
45%
3%
Western
Northern
NorthernEurope
Europe
Europe45%
1%
1%
North
NorthAmerica
America9%
9%
Southern
Southern Europe6%
Europe 6%
Northern
NorthernEurope
Europe1%
1%
Western Europe45%
WesternEurope 45%
Southern
SouthernEurope
Europe6%
6%
Western
WesternEurope
Europe45%
45%
China 12%
China 12%
Within Asia
HongPacific
Kong 8% Total 75
Hong Kong 8%
Japan 11%
China11%
Japan
China 12%
12%
Korea 8%
Hong
Hong Kong8%
Korea
Kong 8%
Singapore
China
China 40%
12%
12%
Japan40%
Singapore
Japan 11%
11%
Hong
HongOther*
Kong
Kong21%
8%
8%
Other* 21%
Korea
Korea8%
8%
Japan 11%
Japan 11%
Singapore40%
Singapore 40%
Korea
Korea8%
8%
Other*
Other*21%
21%
Singapore
Singapore40%
40%
* Includes countries where fewer than 5 jobs reported:
Other*
Other* 21%
21% Australia, Bangladesh, India, Malaysia, Pakistan, Philippines,
Taiwan and Thailand.
Belgium 4%
Belgium 4%
France 22%
France 22%
Within Germany
Europe 10%
4% Total 160
Belgium
Belgium
Germany 10%4%
Spain 3%
Spain22%
France
France 22%
3%
Belgium
Belgium
Switzerland 4%4%
12%
Germany
Germany12%
Switzerland 10%
10%
France
France
The Netherlands 22%
22%
5%
Spain
The Netherlands 3%
3%
Spain5%
Germany
United Germany
Kingdom 10%
10%
26%
Switzerland
United Switzerland
Kingdom 26%12%
12%
Spain 3%
Spain
Other* 3%
18%
The
TheNetherlands
Netherlands
Other* 18% 5%
5%
Switzerland
Switzerland 12%
12%
United Kingdom26%
UnitedKingdom 26%
The Netherlands
The Netherlands 5%5%
Other*18%
Other* 18%
United Kingdom 26%
United Kingdom 26%
Other*
Other*18%
18%

* Includes countries where fewer than 5 jobs reported:


Austria, Denmark, Greece, Ireland, Italy, Poland, Portugal,
Romania, Russia, Sweden, Turkey and Ukraine.
20 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 21

Corporate Sector salaries


and sign-on bonuses by
region and country By region*

# Range € Mean € Median € % of Sign-on Median


Overall annual mean salary € 73,400 $ 106,700
Africa / Middle East 16 36,500 – 158,400 74,100 69,050
Bonus
25%
Sign-on €**
-
Overall annual median salary € 72,100 $ 104,800 Asia Pacific 60 10,000 – 218,750 61,350 59,700 30% 8,900
Overall median sign-on bonus* € 10,300 $ 15,000 Eastern Europe 6 38,300 – 124,000 76,200 74,300 50% -
North America 18 51,700 – 120,500 76,900 79,200 17% -
* 38% of corporate sector salaries were reported with sign-on bonus
Southern Europe 15 55,000 – 120,000 74,550 70,000 13% -
Exchange rate: €1 = US$ 1.45311
Western Europe 107 34,400 – 180,000 79,600 79,300 51% 10,600

TOTAL 222
By sector*

# Range € Mean € Median € % of Sign-on Median


Bonus Sign-on €** Within Europe*
Construction 5 64,000 – 120,000 83,000 75,000 40% -
Consumer / Luxury Goods 42 14,500 – 120,600 71,900 73,000 45% 10,000 # Range € Mean € Median € % of Sign-on Median
Bonus Sign-on €**
Corporate Services 7 34,400 – 150,200 75,700 62,200 14% -
Belgium 5 72,000 – 102,000 84,400 80,000 60% -
Energy / Petroleum 15 45,100 – 99,100 69,400 70,000 20% -
France 29 52,000 – 120,000 76,500 75,000 48% 11,000
Healthcare 41 17,000 – 115,600 71,900 72,000 66% 13,000
Germany 13 50,000 – 180,000 88,900 82,000 38% 15,000
High-Tech /
Telecommunications 46 25,000 – 180,000 74,600 76,000 35% 7,600 Switzerland 15 79,300 – 118,900 96,000 95,800 53% 9,400
Manufacturing 20 55,000 – 124,000 78,200 75,600 30% 11,300 The Netherlands 7 70,000 – 93,400 80,100 80,000 86% 12,500
Media / Entertainment 6 54,500 – 140,900 87,700 71,600 33% - United Kingdom 34 34,400 – 140,900 71,800 71,600 47% 11,300
Public Sector / Social Impact 20 10,000 – 218,750 72,300 68,200 15% - TOTAL 103
Primary Industries 12 40,200 – 110,000 73,600 69,900 50% 9,700
Travel / Leisure Services 12 41,300 – 107,800 65,800 63,900 8% -

TOTAL 226
Within Asia Pacific*

# Range € Mean € Median € % of Sign-on Median


By top functions* Bonus Sign-on €**
China 7 34,500 – 72,700 57,400 60,600 43% -
# Range € Mean € Median € % of Sign-on Median Hong Kong 5 55,600 – 78,000 61,400 55,600 80% -
Bonus Sign-on €**
Japan 6 55,100 – 150,200 87,00 72,100 0% -
Consulting 12 10,000 – 96,400 60,100 67,600 25% -
Korea 5 34,200 – 55,100 42,500 39,900 20% -
Corporate Planning /
Business Development 54 21,800 – 158,400 77,600 73,300 43% 6,600 Singapore 23 29,200 – 218,750 65,600 62,200 30% 5,300
Finance 17 34,200 – 124,000 72,800 67,600 18% - TOTAL 46
General Management 30 29,200 – 120,600 74,600 77,100 43% 11,300
* Where at least 5 salaries were reported
Marketing / Sales 49 17,000 – 120,500 71,500 72,700 49% 14,300 ** Where at least 5 Sign-on bonuses were reported
Production /
Operations Management 12 40,200 – 100,000 70,700 76,100 42% 9,700
Research & Development 5 50,000 – 93,400 70,800 77,000 20% -
Rotational Programmes 13 35,000 – 99,100 69,500 78,900 69% 11,100
Other 15 37,100 – 218,750 77,800 70,600 13% -

TOTAL 207
22 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 23

Consulting
Recruitment in the Consulting sector with a wider range of salaries (16.400 Within Europe
Belgium 6% Total 156
remained strong in 2009 (even though the – 209.000 EUR base). There was a large France 10%
Belgium 6%
markets slowed down in some regions) disparity in the custom of paying sign- Germany 15%
with 39% of graduates joining the sector. on bonuses – 100% in Lebanon, 92% France 10%
Italy 8%
As a result of the recession, a much larger in USA, 92% in Brazil, however only 22% of Germany 15%
Portugal 4%
number of MBAs than usual decided to students declared one in Switzerland, and Italy 8%
return to their previous employers in 29% in Germany. Russia 4%
Portugal 4%
Consulting. Over the past year INSEAD Spain 3%
Russia 4%
has continued to diversify its portfolio of Switzerland 8%
consulting consultancies adding more Spain 3%
The Netherlands 11%
boutique firms. Switzerland 8%
How did they find their job? United Kingdom 19%
The Netherlands 11%
In terms of geographical distribution Other* 12%
INSEAD Facilitated Activities # % United Kingdom 19%
the vast majority of opportunities can be
found in Europe (60%). The slowdown of Career Services / Alumni network 117 45 Other* 12%

activities in Dubai explains the decrease Summer job 4 2


*  Includes countries where fewer than 5 jobs were reported:
Bulgaria, Croatia, Czech Republic, Denmark, Greece, Hungary,
of opportunities in the Middle-East while Poland, Romania and Sweden.
Graduate Facilitated Activities
other emerging markets, and specifically
Latin America and Asia Pacific, continue Pre-INSEAD employer 130 50
to show large appetite for growth. Within Asia Pacific Total 38
Own contacts 9 3
Overall, salaries and sign-on bonuses Australia 21%
TOTAL 260 100
in consulting remained fairly stable, but
India 16%
Australia 21%
Singapore 26%
India 16%
Other* 37%
Singapore 26%
* Includes
 countries where fewer than 5 jobs were reported: China,
Other* 37% Japan, Korea and Malaysia

By region
Total 260

12% Africa / Middle East

15% Asia Pacific

8% Central / Eastern Europe


“ The quality and diversity of INSEAD’s students, as well as it’s truly
international focus, fit perfectly with McKinsey’s global reach, and
its search for the world’s top talent. The international experience of
7% Latin America
INSEAD applicants - both before they are on campus and during - is
6% North America impressive. The fact that all students at INSEAD can speak at least
three languages - and that almost all have lived abroad for some time

1% Northern Europe
in their career - is distinctive
10% Southern Europe
McKinsey & Company
41% Western Europe
24 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 25

Consulting salaries and sign-on


bonuses by region and country
Overall annual mean salary € 81,300 $ 118,100
Overall annual median salary € 80,000 $ 116,200
Overall median sign-on bonus* € 15,200 $ 22,100
* 60% of consulting salaries were reported with sign-on bonus
Exchange rate: €1 = $1,45311

By region*
# Range € Mean € Median € % of Sign-on Median
Bonus Sign-on €**
Africa / Middle East 28 16,400 – 103,300 80,900 89,500 79% 14,100
Asia Pacific 33 29,000 – 209,000 74,100 72,300 51% 13,800
Central / Eastern Europe 20 55,000 – 130,000 81,600 80,000 25% 15,000
Latin America 14 71,300 – 95,800 82,100 80,500 93% 13,800
North America 14 67,100 – 137,700 87,400 86,100 85% 13,800
Southern Europe 24 47,000 – 80,000 70,100 70,000 58% 15,500
Western Europe 90 56,400 – 170,000 85,500 82,000 56% 16,900

TOTAL 223

Within selected countries*


# Range € Mean € Median € % of Sign-on Median
Bonus Sign-on €**
Australia 7 71,900 – 209,000 101,000 80,800 43% -
Belgium 9 73,000 – 84,000 76,400 76,300 78% 25,000
Brazil 13 71,300 – 95,800 82,400 80,500 92% 14,400
France 13 80,000 – 97,500 84,300 85,000 85% 25,000
Germany 17 88,000 – 170,000 103,200 97,000 29% 15,000
Italy 13 68,000 – 75,000 70,700 70,000 62% 15,000
India 5 29,000 – 45,000 36,600 36,300 40% -
Lebanon 13 44,100 – 90,900 85,900 89,500 100% 13,800
Portugal 5 65,000 – 75,000 70,000 70,000 60% -
Russia 6 70,000 – 90,000 81,600 83,800 50% -
Singapore 9 49,600 – 82,600 71,300 75,800 78% 12,200
Spain 5 47,000 – 80,000 71,450 77,250 40% -
Switzerland 9 68400 – 122,200 96,500 99,100 22% -
The Netherlands 15 75,000 – 90,000 80,700 80,000 53% 18,750
United Arab Emirates 10 55,100 – 103,300 85,300 89,500 60% 14,800
United Kingdom 27 56,400 – 85,700 77,100 78,900 63% 16,900
USA 13 72,300 – 137,700 88,950 86,100 92% 13,800

TOTAL 189

* Where at least 5 salaries were reported


** Where at least 5 sign-on bonuses were reported
26 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 27

Finance By region
Total 118

4% Africa / Middle East


While the financial markets continued As well as assisting participants in their
to suffer, employment in the sector finance job search, Career Services 30% Asia Pacific
remained fairly stable in 2009 with 17% of continued to work closely with the
students joining the sector. Opportunities Finance Club and Private Equity clubs 1% Central / Eastern Europe
in Diversified Financial Services had the (IPEC) across both campuses. Both clubs
strongest growth (+9%) and Investment remain very active and organised career 7% Latin America
Banks started hiring again towards the treks for investment banking and private
8% North America
end of the year (+5%) while there were equity to London and Hong Kong. Several
fewer opportunities in Private Equity and hundred private equity and venture 1% Northern Europe
Venture Capital capital professionals came to the Europe
campus for the 7th IPEC Conference in 8% Southern Europe
In geographical terms, Western Europe May 2009, and IPEC launched its first
continued to attract fewer MBAs (-8%) Asia IPEC conference in November 41% Western Europe
even though the United Kingdom saw 2009 which was a resounding success.
more job offers than in 2008. Latin A number of high level speakers came
America, and particularly Brazil, as well to campus to give specific insights into By division Total 118
as North America and Southern Europe their industries. Financial Services 36%
showed the biggest growth.
Investment Banking 50%
Salaries decreased slightly, which How did they find their job?
Private Equity 14%
is mainly due to the high number of
INSEAD Facilitated Activities # %
graduates joining diversified financial
services firms. Private Equity and Career Services / Alumni network 50 43 By top job titles Total 102 (out of total Finance)
Investment Banking salaries increased Summer job 10 8 Analyst 6%
slightly. As in previous years, the range
Graduate Facilitated Activities
of salaries is extremely wide. This Associate 47%
is largely due to the wide variety of Pre-INSEAD employer 23 19
Manager 15%
locations where INSEAD graduates chose Own contacts 32 27
Vice President 9%
to work. Only just over half of graduates
Creating own company 3 3
entering the sector reported the offer of Director 9%
a sign-on bonus. TOTAL 118 100

Within Europe Total 59


* Includes countries
AlpInvest recruits annually at INSEAD because of the school’s United Kingdom 68%
where fewer than 5
jobs were reported:
excellent global reputation, demanding academic standards, and Czech Republic, France,
Germany, Greece,
Other* 32% Italy, Luxemburg,
stringent admissions criteria. A sizeable number of AlpInvest’s Norway, Portugal,
Spain, Switzerland, The
partners and senior investment professionals are INSEAD alumni, Netherlands and Turkey.

which reflects the school’s ability to prepare well-rounded business Within Asia Pacific Total 35
leaders with strong management skills who can excel in challenging,

* Includes countries where
Singapore 51% fewer than 5 jobs were
high-pressure work environments. reported: China, Hong
Kong, India, Indonesia,
Other* 49%
AlpInvest Japan, Korea, Malaysia,
Taiwan and Vietnam.
28 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 29

Finance salaries and sign-on


bonuses by region and country
Within Europe*
Overall annual mean salary € 74,700 $ 108,550
Overall annual median salary € 71,200 $ 103,500

# Range € Mean € Median € % of Sign-on
Bonus
Median
Sign-on €**
Overall median sign-on bonus* € 12,600 $ 18,300 United Kingdom 29 56,400 – 112,700 75,400 73,300 45% 25,400

*5
 1% of finance salaries were reported with sign-on bonus TOTAL 29
Exchange rate: €1 = US$ 1.45311

By division* Within Asia Pacific*

# Range € Mean € Median € % of Sign-on Median # Range € Mean € Median € % of Sign-on Median
Bonus Sign-on €** Bonus Sign-on €**
Financial Services 28 35,800 – 97,200 66,100 68,500 36% 7,100 Singapore 14 53,500 – 97,200 73,300 70,500 57% 12,200
Investment Banking 42 48,200 – 170,100 75,600 71,600 67% 21,900
TOTAL 14
Private Equity / Venture Capital 12 15,900 – 172,200 91,450 89,000 33% -
* Where at least 5 salaries were reported
TOTAL 82

Top job title*

# Range € Mean € Median € % of Sign-on Median


Bonus Sign-on €**
Analyst 5 16,000 – 73,300 50,300 56,400 0% -
Associate 40 40,000 – 172,200 73,700 70,600 73% 21,200
Manager 15 35,800 – 95,800 68,800 68,100 47% 6,400
Vice President 8 62,000 – 170,100 95,000 84,400 37% -
Director 9 48,200 – 120,000 78,700 75,000 11% -

TOTAL 77

By region*

# Range € Mean € Median € % of Sign-on Median


Bonus Sign-on €**
Asia Pacific 24 16,000 – 170,100 72,200 68,100 54% 12,400
North America 6 51,700 – 155,000 82,800 72,900 67% -
Latin America 5 35,800 – 92,000 59,600 65,400 60% -
Southern Europe 6 40,000 – 75,000 58,000 57,500 33% -
Western Europe 35 55,000 – 120,000 76,600 73,300 49% 22,550

TOTAL 76
30 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 31

The INSEAD Partnership Employers of 2009


The INSEAD Partnership engages a community that helps the school fulfil its INSEAD MBA graduates
growing number of organisations who mission to be “The Business School for
participate in advancing the school’s
mission through contributions in support
the World”©. Top Employers
of research, career services, student life
activities and institutional events. For further information about the We would like to highlight those employers who recruited most INSEAD
INSEAD Partnership please contact graduates in 2009 and thank them for their continued support.
Partnering with INSEAD opens the door
our Corporate Relations Team:
to unique opportunities for organisations 2009 hires 2009 hires
seeking visibility and impact at Ida Le Duc
“The Business School for the World”©. McKinsey & Company 78 (49) Samsung 3
Tel: +33 1 60 71 26 64
INSEAD Partners benefit from the school’s Email: ida.leduc@insead.edu The Boston Consulting Group 44 (21) Siemens Management Consulting 3 (1)
international presence and organisations Bain & Company 43 (17) American Express 3
can choose from a growing range of Cliodhna O’Flaherty Booz & Company 23 (13) Credit Suisse 3
partnership options under the following Tel: +33 1 60 72 43 54 Standard Chartered Bank 15 (2) Morgan Stanley 3
three axes: Email: cliodhna.oflaherty@insead.edu
A.T. Kearney 11 (5) National Air Services (NAS) 3
Knowledge - supporting strategic Roland Berger Strategy Consultants 8 (5) Philip Morris International 3
research and teaching initiatives Eli Lilly 7 SAP 3
across the school’s academic centres INSEAD thanks our 2009/2010
Google 7 Schlumberger 3 (1)
of excellence. Recruitment Partners for their support!
Philips 7 Siemens 3 (1)
Accenture
Sponsorship - underwriting events and Syngenta 7 Singapore Government 3 (2)
A.T.Kearney
activities ranging from student clubs Vodafone 7
Bain & Company
to the INSEAD Leadership Summits. PricewaterhouseCoopers 7 (1)
Numbers in brackets are former employees returning
The Boston Consulting Group to the organisation after graduation.

Careers - aimed specifically at the top Booz & Company Citi 6 (1)

recruiters who look to our 980+ MBA and BP Group Johnson & Johnson 6
EMBA students as a source of talent. Citi LVMH 6 (1)
Credit Suisse
Novartis 6 (2)
The Corporate Relations team provides a Deutsche Bank
Roche 6
central point of contact and continuity for Egon Zehnder
organisations seeking to engage with the Emerson Electric Monitor Group 6 (3)
school, its faculty and talent through the Firmenich Barclays 5
INSEAD Partnership. The team provides Goldman Sachs Accenture 5 (3)
partners with an overview of school-wide Johnson & Johnson Rolls-Royce Plc 5
activities across its three campuses and McKinsey & Company
Goldman Sachs International 4 (2)
works closely with them to put together Merrill Lynch Europe
Deloitte Consulting 4 (2)
customised partnership packages best Nomura
tailored to their needs and field of interest. Novartis UBS 4 (1)
Philip Morris International L'Oréal 4
Remaining close to business is central to Robert Bosch AstraZeneca 3
INSEAD’s values. Our corporate partners Roland Berger Strategy Consultants General Electric 3
not only provide essential funding for WPP
Oliver Wyman 3 (2)
innovative projects, they also join a global
32 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 33

2009 Recruiting Partners Crealab


Credit Suisse *
Investment Fund) *
Eli Lilly *
Grameen Creative Lab
Green Power
Critical Software Elsevier Grisons Peak *
Companies in bold recruited at least three MBA Graduates in 2009. Emerson * Grupo Innova
Companies marked * participated in on-campus recruiting activities. D Ericsson * GruppoMutuiOnline S.p.A.
Daimler Essent Trading * Gupta Strategists BV
Dalberg Global Essilor *
Development Advisors Eureka Group H
10gen Apple * Institute Malaysia Danaher * Euro Associates Health Promotion Board
Apttus Booz & Company * Danone Eurohypo HealthGrades
A Aquarius Reef Base British Telecom DBS European Climate HeidelbergCement *
A.T. Kearney * ArcelorMittal BT Design * Deepak Group Foundation Herkules Capital
AB InBev * Areva * BTS Deloitte Consulting European Investment HP
Abbott Laboratories * Ariston Thermo * Delta Partners * Bank
HSBC *
Abraaj Capital Arthur D.Little C Deutsche Bank * EuroPraxis Consulting *
International Inc * Huawei Symantec
Abu Dhabi Education Canal+ * Deutsche Post World Net * Eurostar
Council Asia Pacific Land Ltd Hudson & Yorke
Capital Group Companies * Development Alternatives Evigna LLC
AC Capitales Assystem Capital One Inc. Expedia *
Accenture * AstraZeneca * I
Cargill * Development Bank of
Achilles Group Limited AT&T Interactive - Japan IBAIA Energia
Carrefour F
Acian Technologies * Yellowpages.com DFS * IBM
Castle Harlan, Inc Fibria
Activa Capital Avery Dennison Diageo Icarus
CDS * Fidelity International *
Admiral Group Aviva Ltd Diamond * IDEO
Celsa * Findon Homes (UK) Ltd
Aegon * Axios International * Diecast Towa IDEX Corporation
Cerner FMC Technologies
Aga Khan Fund for Manufacturing Co., Ltd India Alternatives
Charities Aid Foundation Fondation Université de
Economic Development B Directi * Strasbourg Inditex *
China International
Agence Française de Bain & Company * Capital Corporation Duff & Phelps * Foster’s Group Infiniti Research
Développement Banco BPI Infosys *
Chi-X Global Technology France Telecom
Alex Toys Banco de Credito del Peru E Inland Revenue Authority
Chopard & Cie SA FullSIX
AlixPartners Banco Espirito Santo E.ON Climate & of Singapore
Christopher Guy
AllView Media Banco Petra Renewables Integration Consulting
CIMB Standard Strategic G
AlpInvest Partners * Barclays Asset Advisors EADS Inter American
Gallup * Development Bank *
Alstom * Barclays Capital * Citi * Eaton Corporation *
GDPAU Intercontinental Hotels
Alvarez & Marsal * BAT plc * CJ GLS Eden McCallum *
General Electric * Group *
Amadeus * Bayer * Coles Group Limited EDF Energies Nouvelles
General Motors * Interinvest
Amazon * BDNA Coller Capital * Edgilis (formerly
Acian Technologies) * Genzyme International Finance
American Express * BearingPoint Complage- Construções e Corporation *
EDP Global Intelligence
AmorePacific Berlitz International Projectos, S.A. Alliance * International SOS *
Amphenol * Bertelsmann AG * Coors Brewers * EDP Inovação
Goldman Sachs International Turnkey
Anderson Mori & Blackstreet Capital Cornelius + Krage Educativa International * Systems
Tomotsune Management Coteba Group Edwards Lifesciences Google * iSyndica
Apax Partners Blue Ocean Strategy CrackleWhip Inc. EIF (European Government of Punjab
34 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 35

MarcoPolo SK Group * UCB Pharma


J Pharmaceuticals O R
Skype Technologies Unilever *
J.P.Morgan * MBC Group OC&C Strategy Rahimafrooz Bangladesh Ltd
Consultants * Sodexo * United Nations
Japan Bank for McKinsey & Company * Reckitt Benckiser
International Cooperation OHL (Obrascón Solvay University of Cambridge
Medtronic * Record Ltd
Jefferies & Company Huarte Lain) Sorin Group * Untamed Tracks
Merrill Lynch * Red Fields Partners
Johnson & Johnson * Olayan Group Sporty’s Group Upstream
MFS Africa Relight
Oliver Wyman SSUP Group
Microgen * Responsible Research *
K One-Transport Standard & Poor’s V
Microsoft Rexel
Karabiner Capital Ontario Teachers’ Standard Chartered * Value Partners *
Millennium bcp Pension Plan RHB South Africa
KGJ Cement STMicroelectronics * Verizon
mmC Group * Opera Solutions Rhea Investments
Kohlberg Kravis Roberts Syngenta * Vestas
Moelis & Company * Oppenheimer Rizzani de Eccher S.p.A.
(KKR) Synthes * Visa CEMEA
Moët Hennessy * Investments Roche *
KPMG Systra Vodafone *
Moleac Orion Roland Berger Strategy
KPN Mobile International * Consultants * Volys Star
KVIC Molson Coors UK T
P Rolls-Royce Plc *
Moneybookers Tchibo * W
Pastaio Rosetta Stone *
L Monitor Group * Technopak * Walmart
PayPal RSR Capital
L.E.K. Consulting * Monsanto TECOM Investments WanaTeach
Pearle Europe RTT AG
LAN Airlines Moody’s Telenor Wendel
PepsiCo International * Russell Investments
Leblon Equities Morgan Stanley * Temasek Holdings Whirlpool *
Mott MacDonald Ltd PER *
Lexington Partners * S Terra Firma Capital WMRC (Wealth Mgmnt
MTA Pernod Ricard * Partners * Resource Centre) *
LHGP Asset Management Salmon Ltd
MTU PetroChina Tesco * Wolff Olins *
Lidearth Kiteboarding Samsung *
Mubadala Development Philip Morris Tez Tour Wood Mackenzie
Lincoln International SAS International * Sanford C. Bernstein *
Company * The Blackstone Group * World Economic Forum
LLI Euromills Philips * Santander *
Multi Corporation The Boston Consulting World Toilet Organization
L’Oréal * Pimco * SAP Group *
Louis Dreyfus Piper Jaffray SCA
Commodities (LDC) N The Capital Group Y
Nagashima Ohno & Planet People Schlumberger * The LEGO Group
Louis Vuitton Yahoo! *
Tsunematsu PokerStars SECOM The Parthenon Group *
Loylogic Your Web Brand *
National Air Services (NAS) Polybags Group Sefaira The World Bank
LVMH *
National Bank of Greece Pricewaterhouse Shell International * Thomson Reuters * Z
Natura Cosméticos Coopers * Shiseido
M Total * Zain
Neoris Procter & Gamble Siemens *
M1 Group * TOTVS Zenith Real Estate
Nokia Siemens Management ToughStuff International
Macquarie Bank Consulting * ZS Associates *
Nomura * Q
Malteser Hilfsdienst Tyco Electronics
Novartis * Qatar Financial Centre Silver do Brasil
GmbH
Novolipetsk Steel QUALCO Simone Perele
Maple Leaf Foods Inc. U
novusmodus Quality Support Services Simon-Kucher & Partners
Marakon Associates Ubiqi Health
(Trinsum) * Nuon/Vattenfall Quick-Wins Singapore Government
UBS * Total: 371
Nycomed Quintessentially SingTel *
36 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 37

Summer internships and By Sector2%2% Total 209

compensation trends
Advertising
Advertising
/ Publishing
/ Publishing
Corporate
Corporate Services 3%3%
Services
Advertising
Advertising / Publishing 2%2%
/ Publishing
Advertising
Advertising
Investment
Investment / Publishing
/ 2%
Publishing
Banking 22%
Banking 2%
22%
Corporate
Corporate Services 3%3%
Services
Corporate
Corporate
EnergyEnergy Services 3%
Services
/ Petroleum 5%5%
/ Petroleum 3%
44% of the December 2009 class reported As in previous years, finance internships Investment
Investment Banking 22%
Banking 22%
Investment
Investment
Financial Banking
Financial Service22%
Banking
6%
Service22%
6%
a summer internship (those graduating accounted for the majority of opportunities. EnergyEnergy / Petroleum 5%5%
/ Petroleum
EnergyEnergy /Healthcare
Petroleum 5%
6%5%
/Healthcare
Petroleum
in July are not available for summer Private Equity and Venture Capital Financial
Financial Service 6%6%
Service
6%
internships). As in previous years the internships grew from 4% in 2008 to 12% RawRaw
Materials
MaterialsFinancial
Financial
/ Primary
/ Primary Service
Metals 6%
Service
1%1%
Metals 6%
Healthcare 6%6%
Healthcare
average duration was seven weeks. 136 in 2009, and internships in Consumer Public
Public
Sector
Sector / Healthcare
/ Social Social
Impact 6%5%
Healthcare
5%
Impact 6%
RawRaw
Materials
Materials / Primary
/ Primary Metals 1%1%
Metals
companies offered internships to INSEAD and Luxury Goods doubled. RawRaw
Materials
Materials / Primary
/ Primary Metals 1%
Metals 1%
Consulting 15%
Consulting 15%
participants in 2009 and 16 companies Public
Public
Sector
Sector / Social
/ SocialImpact 5%5%
Impact
Public
Public
Sector
Sector / Social
/ Social
Impact 5%
Impact
3%3%5%
took more than 3 interns. The majority of Asia Pacific continued to grow in popularity MediaMedia / Entertainment
/ Entertainment
Consulting 15%
Consulting 15%
as a destination, with Singapore providing Consulting 15%
Consulting
Manufacturing
Manufacturing 15%
5%5%
students used their summer job to gain MediaMedia / Entertainment
/ Entertainment 3%3%
experience in a new company and overall most opportunities. In Western Europe, Media
Consumer Media
Consumer // Luxury
Entertainment
// Luxury
Entertainment
Goods 3%7%
7%
Goods 3%
Manufacturing
Manufacturing 5%5%
satisfaction ratings among participants there were more opportunities in Germany High
High
TechTech Manufacturing
/ TelecommunicationsManufacturing
/ Telecommunications 5%5%
5% 5%
and France, less in the UK. Salaries varied Consumer
Consumer / Luxury
/ Luxury Goods 7%7%
Goods
were very high. Consumer
Venture Consumer
Venture
Capital
Capital / Luxury
/
/ Private Luxury
/ Private Goods 7%
Goods
Equity 12%
Equity 7%
12%
widely from 219 EUR/month to 9296 EUR. High
High
TechTech
/ Telecommunications
/ Telecommunications 5%5%
High
High
TechTech
Transportation/ /Telecommunications
Transportation / /Telecommunications
Travel
Travel/ Aeronautics 5%5%
3%
/ Aeronautics 3%
Venture
Venture
Capital
Capital / Private
/ Private Equity 12%
Equity 12%
Venture
Venture
Capital
Capital / Private
/ Private Equity 12%
Equity 12%
Transportation
Transportation
/ Travel
/ Travel/ Aeronautics 3%3%
/ Aeronautics
Transportation
Transportation
/ Travel
/ Travel/ Aeronautics 3%3%
/ Aeronautics

Within Europe Total 100

France 14%
France 14%

Germany
Germany
France 10%
10%
14%
France 14%
By region France 14%
France 14%
Switzerland
Germany
Germany 6%
Switzerland
10% 6%
10%
Total 255
Germany
Germany10%
10%
United
United
Kingdom
Kingdom
Switzerland 47%
47%
6%
Switzerland 6%
7% Africa / Middle East Switzerland 6%6%
Switzerland
United
UnitedOther*
Kingdom
Kingdom23%
Other* 23%
47%
47%
34% Asia Pacific United
United
Kingdom
Kingdom47%
47%
*Includes countries where fewer than 5 jobs were reported: Austria,
Other* 23%
Other* 23%
Belgium, Bosnia & Herzegovina, Luxemburg, The Netherlands,
Other* 23%
Other* 23% Poland, Portugal, Russia, Spain, Sweden and Turkey.
6% North America

5% South America
China 13%
China 13%
Within Asia Pacific Total 71
2% Eastern Europe
India
China 15%
India
13%
China 15%
13%
0.5% Northern Europe China 13%
China 13%
Singapore
India 58%
Singapore
15%
India 58%
15%
India 15%
India 15%
4% Southern Europe Other*
Singapore 14%
Other*
58%
Singapore 14%
58%
Singapore 58%
Singapore 58%
41.5% Western Europe Other* 14%
Other* 14%
Other* 14%
Other* 14%
*Includes countries where fewer than 5 jobs were reported:
Hong Kong, Indonesia, Japan, Korea, Taiwan, Thailand and Vietnam.
38 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 39

Summer job: monthly


base salaries
By sector*

# Range € Median €*
Advertising 4 4000 - 7062 4796
Consulting 28 440 - 9296 6243
Consumer / Luxury Goods 14 517 - 5000 1781
Energy / Petroleum 9 1200 - 4513 4237
Financial Services 9 517 - 6000 1200
Healthcare 11 700 - 4000 2000
High-Tech / Telecommunications 10 600 - 5704 2134
Investment Banking 44 313 - 8474 5384
Manufacturing 11 731 - 4943 3000
Media 5 244 - 5296 1954
Public Sector / Social Impact 4 400 - 5810 1194
Venture Capital / Private Equity 19 219 - 8750 1765
Total 168

By country*

# Range € Median €*
Brazil 7 1500 - 8578 2249
China 7 414 - 2070 1035
France 13 400 - 5000 1500
Germany 7 800 - 8500 1500
India 6 219 - 1170 805
The Netherlands 4 600 - 5000 1550
Singapore 39 244 - 8750 2442
Switzerland 6 1314 - 7500 3977
United Arab Emirates 5 2118 - 9226 5770
United Kingdom 39 697 - 6972 5577
USA 9 2824 - 8474 4943
Total 142
*Where 4 or more salaries were reported
Exchange rate source: Oanda.com (average for the period: 01/07/09 – 31/08/09)
40 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 41

Companies which hired J


Johnson & Johnson
Procter & Gamble
PRTM Management
U
U Ventures

summer interns in 2009 Jones Lang LaSalle Consultants UBS


Unilever
K R United Nations
Companies in bold employed at least 3 interns. K2O Kiteboarding Rabobank Unlimited India
Koning Responsible Research Upstream Ventures
KPMG
Krankenhaus Barmherzige S V
3I F Brüder Wien Sarah Dodds Enterprise VantagePoint
C Fitch Ratings Accelerator
Vodafone
A C&A FleetData L Score
A.T. Kearney Catisa Fleming Verity LLP Limango GmbH SDI
W
Abraaj Capital Chemo Group Founders Fund L’Oréal SES Group
Wego Travel Search
Accenture Cillion Consulting Frost & Sullivan Louis Vuitton Seven Energy
Wendel
Acian Technologies Citi Fullerton Credit Services Shell
Actis Colgate Palmolive Future Group M Siemens
Y
Africa Finance CQS Management Macquarie SingTel
Ykone
Corporation (AFC) Credit Suisse G Sorin Group
Mae Terra
Aga Khan Development Critical Software Gemalto Standard Chartered Bank
Mavens Z
Network
CVDT Consulting General Electric Mc Donald’s Stargate Capital GmbH
Allianz Zanpartners
Goldman Sachs McKinsey & Company Stirling Energy Systems
Alois Investissement
D Google Monitor Group StratX
Alstom
Danaher Grace Bay Club Mubadala Studiovision
Amazon
Delta Corp Ltd Grameen Creative Lab MW Kellogg Super Religare
AMB Japan Laboratories
Deutsche Bank Groupe Sportys
Amphenol Swisscom
Deutsche Post DHL N
Ares Life Sciences Syngenta
Dia Diwan H National Air Services
Armstrong Industrial
DMG & Partners Helion Venture Advisors (NAS)
Dufus & Co. Hinduja Bank Ltd New Energy Finance T
B Tata
Duxton Asset HSBC Nomura
Bain & Company Management Teak Capital Partners
Bank of America Technoserve
I P
Merrill Lynch
E IDG Ventures Vietnam Pepal Tecondi SA
BanyanTree Finance
Easou Technologies IMS Health Philips Temasek
Barclays Capital
EDP Indiabulls Power Ping’An Securities The Boston
BBC Consulting Group
Eli Lilly International Finance Plane Tree Capital
Bespoke Luxury Hotels Total S.A.
Essent Trading Corporation PlaNet Finance
Booz & Company Touchbase Asia
EuroVentures International HIV/AIDS PokerStars
Bridges Ventures Alliance Total: 136
42 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 43

A wide choice of
recruiting methods
The Career Services team provides Recruit on campus Contact individuals directly through For more details on recruiting at INSEAD,
advice and assistance for recruiters If you wish to build corporate brand the CV Book please visit the “Corporate Recruiters”
throughout the hiring process. We are image and increase awareness of The CVs of our MBA participants are section of our website:
committed to working closely with your company’s career opportunities, an important recruiting tool, whether
organisations to find an INSEAD on-campus recruitment is usually the companies plan to recruit on campus http://www.insead.edu/mba/careers
recruitment strategy that fits their needs. best approach. This consists of a one- or by direct contact. For each class,
hour presentation usually followed by we publish a CV Book, which is also
Recruiters can access 980+ MBA, a networking cocktail reception, with available online with many useful
130 EMBA and a network of 40,000 interviews held at a later date. Employer search capabilities, such as languages,
alumni through our offices. Identical visits take place during the two main previous work experience and General Enquiries
opportunities to hire INSEAD MBAs recruitment periods (March–June and educational background. Europe Campus
are provided twice a year on both September–December). Interviews can Tel: +33 (0)1 60 72 43 80
of our campuses (Europe and Asia). be arranged on both campuses, taking Recruit for internships and projects Email: careers.fb@insead.edu
The MBA participants taking part in advantage of our interview rooms, state- The January intake has the opportunity
campus exchanges between Singapore, of-the-art video-conferencing facilities, to work on a July–August internship or Asia Campus
Fontainebleau (France) and the Wharton and the web-based interview-scheduling project during the two-month summer Tel: +65 6799 5428
School of Business (USA) is increasing. system on our CareerLink platform. break. Managers hiring INSEAD MBA Email: careers.sgp@insead.edu
In 2009 around 70% of participants participants in this way benefit from having
chose to move at least once between Participate in a Career Fair highly motivated, self-starting individuals
campuses. Given such mobility, it is vital The Career Fair is a great opportunity work on specific business issues.
that recruitment messages reach all to meet and network with outstanding
participants. Ideally, companies achieve participants who are interested in Career Services sponsored events
this by having a physical presence on posts in Asia, Europe and beyond. We arrange many additional events
both campuses or by taking advantage It is also a convenient way to build a throughout the year. Examples include:
of our video-conference facilities. company’s presence on campus and to panel discussions on careers in specific
We recommend mixing and matching the meet future key international decision- industries or women’s career issues;
following recruitment methods according makers and customers – without engaging seminars on presentation skills or case
to your needs. Please do not hesitate to the resources required for a formal interview techniques; and preparation for
contact us to discuss your best approach presentation. finance interviews. All of these provide
for successful recruitment at INSEAD. participants with specialised insights and
Post a job description allow the companies involved to promote
At any time during the year, descriptions their brand on campus.
of career opportunities (full-time positions
or internships) can be posted on our Clubs

980+ MBA user-friendly website, CareerLink, free of


charge and viewed by MBA participants
INSEAD has a wide variety of sector-
specific participant clubs, including

130 EMBA
on both campuses as well as Alumni Consulting, Healthcare, Energy, Private
and EMBAs.. The site makes it possible Equity, Marketing, Entrepreneurship
for applicants to respond directly to the and NGOs. Working with the clubs on

40,000 Alumni recruiting organisation. their various events enables recruiters


to target – and network with – groups
of motivated participants very efficiently.
44 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 45

Important INSEAD
recruiting guidelines
Non-disclosure of grades: INSEAD’s For more details on recruiting at INSEAD,
selection criteria demand a rigorous please visit the “Corporate Recruiters”
evaluation of intellectual and professional section of our website:
abilities. To obtain the MBA degree is a
significant achievement. As a matter of http://www.insead.edu/mba/careers
policy, grades are considered confidential
during the recruitment process. However,
participants will be able to communicate
about whether or not they are on the
official Dean’s List of high performers. General Enquiries
All transcripts of grades can be obtained Europe Campus
only after graduation. Tel: +33 (0)1 60 72 43 80
Email: careers.fb@insead.edu
Equal consideration for participants on
both campuses: Participants are selected Asia Campus
from a centralised applicant pool, so both Tel: +65 6799 5428
campuses have roughly the same MBA Email: careers.sgp@insead.edu
profile. Recruiters are therefore expected
to consider all candidates regardless of
their campus location, including those
on the exchange with Wharton. It is also
in employers’ interests to target both
INSEAD campuses, as – after the first four
months of the programme – participants
are able to move freely between sites
every two months. Career Services
has comprehensive systems in place,
such as video-conferencing equipment,
to facilitate this process.

Non-discrimination: As an international
business school, INSEAD adheres to the
principles of equality and impartiality.
We expect companies recruiting at INSEAD
to respect these principles.
46 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 47

List of countries per region


Africa Mozambique East Timor Tonga Latin America Paraguay
Namibia Fiji Tuvalu Anguilla Peru
Algeria
Niger French Polynesia Vanuatu Antigua-Barbuda Puerto Rico
Angola
Nigeria Guam Vietnam Argentina St Kitts and Nevis
Benin
Reunion Hong Kong Aruba St Lucia
Botswana
Rwanda India Central / Eastern Europe Bahamas St Vincent and The
Burkina Faso Grenadines
Saint Helena Indonesia Barbados
Burundi Albania Surinam
Sao Tome And Principe Japan Belize
Cameroon Armenia Trinidad and Tobago
Senegal Kiribati Bermuda
Cape Verde Azerbaijan Turks and Caicos Islands
Seychelles Korea Bolivia
Central African Republic Belarus Uruguay
Sierra Leone Lao Brazil
Chad Bosnia and Herzegovina Venezuela
Somalia Macau Cayman Islands
Comoros Bulgaria (EEA) Virgin Islands (British)
South Africa Malaysia Chile
Congo Croatia Virgin Islands (US)
Sudan Maldives Colombia
Congo Rep.Dem. Czech Republic (EEA)
Swaziland Marshall Islands Costa Rica
Djibouti Estonia (EEA)
Tanzania Micronesia Cuba Near / Middle East
Egypt Georgia
Togo Mongolia Dominica Bahrain
Equatorial Guinea Hungary (EEA)
Tunisia Myanmar Dominican Republic Iran
Eritrea Kazakhstan
Uganda Nauru Ecuador Iraq
Ethiopia Kyrgyzstan
Zambia Nepal El Salvador Israel
Gabon Latvia (EEA)
Zimbabwe New Caledonia Falkland Islands Jordan
Gambia Lithuania (EEA)
New Zealand Grenada Kuwait
Ghana Macedonia
Asia Pacific Niue Guadeloupe Lebanon
Guinea Moldova
Norfolk Island Guatemala Oman
Guinea-Bissau Afghanistan Poland (EEA)
North Korea Guiana Palestine
Ivory Coast American Oceania Romania (EEA)
Pakistan Guyana Qatar
Kenya American Samoa Russia
Palau Haiti Saudi Arabia
Lesotho Australia Serbia and Montenegro
Papua New Guinea Honduras Syria
Liberia Bangladesh Slovakia (EEA)
Philippines Jamaica United Arab Emirates
Libya Bhutan Slovenia (EEA)
Samoa Martinique Yemen
Madagascar Brunei Darussalam Tajikistan
Singapore Mexico
Malawi Cambodia Turkey
Solomon Islands Montserrat
Mali China Turkmenistan North America
Sri Lanka Netherlands Antilles
Mauritania Christmas Island Ukraine Canada
Taiwan Nicaragua
Mauritius Cocos Islands Uzbekistan USA
Thailand Panama
Morocco Cook Islands
Tokelau
48 INSEAD MBA Graduates 2009 INSEAD MBA Graduates 2009 49

Northern Europe Portugal (EEA) Monaco


Denmark (EEA) Spain (EEA) Switzerland
Faroe Islands (Denmark) Vatican The Netherlands (EEA)
Greenland (Denmark) United Kingdom (EEA)
Finland (EEA) Western Europe
Iceland (EEA)
Norway (EEA) Andorra
Sweden (EEA) Austria (EEA)
Southern Europe Belgium (EEA)
Cyprus (EEA) France (EEA)
Gibraltar Germany (EEA)
Greece (EEA) Ireland (EEA)
Italy (EEA) Liechtenstein (EEA)
Malta (EEA) Luxembourg (EEA)
INSEAD Europe Campus
Boulevard de Constance
77305 Fontainebleau
Tel: +33 (0)1 60 72 40 00
Fax: +33 (0)1 60 74 55 00

INSEAD Middle East Campus


4th Street - Muroor Road
P.O. Box 48049
Abu Dhabi
United Arab Emirates
Tel: +971 2 651 5200
Fax: +971 2 443 9461

INSEAD Asia Campus


1 Ayer Rajah Avenue
138676 Singapore
Tel: +65 6799 5388
Fax: +65 6799 5399

www.insead.edu

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