Insead- Placement-MBA 07 by fameatop

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									2007 Employment Statistics A World of Talent

MBA Graduates 2007

Contents

3	 4 6 8 	 	 	 	 	 	 	 29 	 34 	 	 	 38 40

Highlights of 2007: The Business School for the World A World of Talent Profile of the 2007 MBA graduates Full-time jobs & compensation trends —	Overview	 	 —		ob	locations	 	 J —		 verall	annual	base	salaries		 O and	sign-on	bonuses		 	 —	Career	changes		 —	Consulting	 	 —	Finance		 —	Industry Employers of 2007 INSEAD MBA Graduates —	2007	Recruiting	partners		 Summer internships and compensation trends	 —	Overview	 —	Summer	job:	monthly	base	salaries	 —		 ompanies	which	hired	 C summer	interns	in	2007	 List of countries per region Important INSEAD recruiting guidelines 	

INSEAD MBA GRADUATES 2007 

885

participants	of	76	nationalities

now	working	in

55 350+

	countries				 	companies

+92% _/3

with	job	offers	within	three	 months	of	graduation

~

split	between	each	 major	recruiting	sector:	 consulting,	finance	and	 industry

Sandra Schwarzer Tel:	+33	(0)1	60	72	91	13	 sandra.schwarzer@insead.edu	
2 INSEAD MBA GRADUATES 2007

Highlights of 2007: The Business School for the World
In	February	2008	I	had	the	great	pleasure	 of	being	appointed	Director	of	INSEAD	 Career	Services	and	I	am	pleased	to	 present	the	MBA	Employment	Statistics	 for	the	classes	graduating	in	July	and	 December	2007.	 2007	marked	yet	another	year	of	success	 for	INSEAD	MBA	students.	The	885	 graduates	from	our	two	graduating	classes	 representing	76	nationalities	set	out	to	 take	their	outstanding	talent	to	countries,	 sectors	and	organisations	that	represent	the	 diversity	on	which	INSEAD	is	founded. In	a	growing	MBA	job	market,	our	students	 found	employment	in	a	particularly	 wide	range	of	sectors	around	the	world.	 Three	months	after	graduation,	92%	of	 participants	reported	having	received	 a	job	offer.	The	2007	classes	chose	 positions	in	350	different	companies	and	 in	55	countries.	The	median	base	salary	 increased	to	US$115,000	(€78,200),	 and	over	70%	of	the	class	received	a	 sign-on	bonus	(the	median	sign-on	was	 US$23,500/€16,000). In	2007	almost	400	recruiters	from	a	wide	 range	of	industries	and	countries	turned	 to	INSEAD	to	source	talent	for	their	offices	 worldwide.	In	addition	to	184	on-campus	 presentations,	the	bi-annual	Career	Fair	 hosted	in	Singapore	and	in	France	attracted	 close	to	100	companies.	Furthermore,	 Career	Services	made	over	3000	jobs	 accessible	to	participants	through	 our	in-house	job	board	CareerLink.	In	 addition,	the	Career	Services	team	helped	 companies	organise	more	than	5,000	 face-to-face	and	800	video-conference	 interviews. In	order	to	give	participants	maximum	 exposure	to	different	sectors	and	regions,	 we	continued	to	help	organise	career	 treks	and	club	events.	In	2007,	participants	 joined	Investment	Banking	Treks	to	London	 and	Hong	Kong,	an	Asset	Management	 Trek	to	Singapore,	a	Private	Equity	Trek	to	 London	and	a	Media	Trek	to	London	as	well	 as	regional	treks	to	Australia	and	the	USA.	 A	variety	of	sector-specific	participant	 clubs,	including	Social	Impact	(INDEVOR),	 Consulting,	Private	Equity,	High	Tech	&	 Media,	Real	Estate,	Women	in	Business	and	 Entrepreneurship	are	currently	active	at	 INSEAD.	Working	with	the	clubs	on	their	 various	events	enables	recruiters	to	target,	 and	to	network	efficiently	with,	groups	of	 motivated	participants.	 We	highly	value	the	partnerships	with	our	 recruiters	and	the	daily	interactions	with	 our	participants.	We	would	particularly	 like	to	thank	our	alumni	community	for	 continuously	offering	their	support	to	 Career	Services.	We	look	forward	to	 another	exciting	year	for	our	recruiters	and	 students	and	will	be	happy	to	help	you	with	 any	questions	you	may	have. Warm	regards.

Sandra Schwarzer Director,	Career	Services,		 Europe	&	Asia	Campuses Tel:	+33	(0)1	60	72	91	13	 sandra.schwarzer@insead.edu	

INSEAD MBA GRADUATES 2007 3

A World of Talent
One school, two campuses and two intakes The	INSEAD	MBA	programme	runs	 in	parallel	on	two	campuses:	one	in	 Europe	(Fontainebleau,	France)	and	the	 other	in	Asia	(Singapore).	Two	classes	 of	approximately	450	students	each	 graduate	every	year	in	July	and	December	 respectively.	This	gives	you	the	opportunity	 to	recruit	twice	during	the	year. The most international business school If	you	are	looking	for	executives	who	are	 comfortable	working	across	national	and	 linguistic	borders,	both	sensitive	to	other	 cultures	and	proficient	in	local	business	 practices,	then	it	is	only	natural	to	partner	 with	INSEAD.	Our	uniquely	diverse	 environment	attracts	young	professionals	 with	a	solid	international	experience.		 Throughout	the	programme,	they	learn	 from	their	classmates’	experiences,	as	 well	as	from	our	global	curriculum	and	 faculty,	before	moving	on	to	pursue	careers	 throughout	the	world. Our	campuses	in	Europe	and	Asia	provide	 students	with	a	global	perspective;	over	 67%	of	participants	transfer	between	 campuses	during	the	year. –		 he	top	five	nationalities	make	up	less	 T than	42%	of	total	participants;	the	top	five	 job	destinations	make	up	less	than	44%	of	 total	destinations. –		 ll	participants	are	proficient	in	three	or	 A more	languages	on	graduation. A first-class business school We	attract	some	of	the	most	talented	and	 ambitious	young	professionals	in	the	world,	 drawn	to	the	school	by	our	world-class	 faculty	and	unparalleled	global	alumni	 network,	they	leave	INSEAD	to	create	value	 and	growth	in	companies	across	the	globe. –		 verage	GMAT	score	(2007):	701. A –		 ajor	international	rankings:	consistently	 M in	the	top	ten	business	schools	worldwide	 since	2000. –		 he	alumni	network	includes	CEOs,	 T CFOs,	CTOs	and	Chairmen	of	global	 companies	including	LVMH,	Unilever,	 L’Oréal,	Power	Corporation	of	Canada,	 F .Hoffman	–	La	Roche,	Danfoss,	Statoil,	 Heineken,	AON,	Deutsche	Bank,	Goldman	 Sachs,	Henkel	and	BASF . An intensive preparation for a successful career INSEAD	graduates	do	not	just	offer	you	 the	latest	business	insights.	They	bring	 stamina,	teamwork,	entrepreneurialism,	 organisational	skills	and	effectiveness	in	 the	face	of	pressure	to	the	companies	 they	join.	At	INSEAD,	participants	develop	 the	capacity	to	master	a	large	amount	of	 material	in	a	short	period	of	time.	In	this	 high-pressure	environment,	they	develop	 collaborative	skills	through	group	work	in	 diverse	teams. The	one-year	programme	provides	 in-depth	knowledge	of	the	conceptual	 models	and	analytical	tools	in	Accounting,	 Entrepreneurship,	Economics,	Finance,	 Marketing,	Organisational	Behaviour	and	 Strategy.

4 INSEAD MBA GRADUATES 2007

67%

		

The top five nationalities

of the participants transfer between campuses during the year

<42%		
of total participants

Average GMAT score (2007):

	

701

All participants are proficient in

3+

INSEAD MBA Programme: Consistently ranked in the top 0 business schools worldwide since 2000

languages

on graduation

INSEAD MBA GRADUATES 2007 5

7%

0%

7%

Profile of the 2007 MBA graduates
Total	number	of	MBAs
Asia / Asia Pacific 27% (1)

Nationality

1 1 1 7 7 7 7 7 7 6 6 6 5 5 5 2

7%

885
Gender

5%

5%

9%

5% 5% 2%

8%

24% 76% Male

Female

Central / Eastern Europe 29% Asia Pacific 5% Asia / Asia Pacific 27% Asia / Asia Pacific 27% Latin America 6% Central / Eastern Europe 5% Central / Eastern Europe 5% Central / Eastern Europe 5% Middle East / Africa 9% Latin America 4% Latin America 5% Latin America 5% North America 11.5% Africa / Near / East / Africa 9% Middle Middle East 9% Middle East / Africa 9% Northern America 11% North Europe 2.5% North America 11.5% North America 11.5% Southern Europe 12% Northern Europe 2% Northern Europe 2.5% Northern Europe 2.5% Western Europe 12% Southern Europe 28% Southern Europe 12% Southern Europe 12% Western Europe 27% Western Europe 28% Western Europe 28% < 26 years 5% 26 - 28 years 33% Age < 26 years 5% 29< 31 years 44% - 26 years 5% 26 - 28 years 33% 26> 31 years 18% - 28 years 33% 29 - 31 years 44% 29 - 31 years 44% > 31 years 18% > 31 years 18% 1 - 2 years 7%

23 2 3 4 3 4 4

Average:	29	years

Work	Experience 3 - 5 years 28%
1 - 2 years 7% 1> 5 years 65% - 2 years 7% 3 - 5 years 28% 3 - 5 years 28% > 5 years 65% > 5 years 65%

Average:	6	years

Education
Art 5% Business 21% Art 5% Economics 10% Art 5% Business 21% Engineering 40% Business 21% Economics 10% Law / Political Sciences 10% Economics 7% Engineering 40% Science 40% Engineering 10% Law / Political Sciences 7% Other 7% Law / Political Sciences 7% Science 10% Science 10% Other 7% (1) For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39. Other 7%
6 INSEAD MBA GRADUATES 2007

INSEAD MBA GRADUATES 2007 7

Full time jobs & compensation trends
Overview Out	of	the	885	participants	in	the	 two	classes	who	completed	the	MBA	 Programme	in	2007,	841	(95%)	responded	 to	the	Career	Services	survey. Of	these	841	graduates,	771	(92%)	 reported	having	received	at	least	one	job	 offer	3	months	after	graduation,	717	(85%)	 gave	us	details	of	their	career	decision	 and	591	(70%)	reported	full	salary	 INSEAD Career Services / Alumni 54% information,	on	which	the	salaries	section	 of	the	following	report	is	based.	 Own contacts / Networking 21%
Pre-INSEAD employer 19% Creating own company 4% Internships 2%

How did they find their job?
Career	Services	/	Alumni	 Own	contacts	 Pre-INSEAD	employer	 Summer	job	 Creating	own	company	 Total 	 	 	 	 	 55% 19% 17% 4% 5% 00%

By	sector
Total	717

Consulting 39%

Finance 28%

Industry 33%

8 INSEAD MBA GRADUATES 2007

Consulting 36% - 1

Sectors:	comparison	over	5	years	
2007 Consulting Finance Industry 39% 28% 33% 2006 35% 29% 36% 2005 35% 30% 35% 2004 38% 20% 42% 2003 37% 20% 43%

By	function By	function
Total	717 Consulting 41% Corporate Planning / Business Development 10% Finance 21% General Management 8% Marketing / Sales 8% Production / Operations Management 2% Rotational programmes 2% Other* 8%

Total	727

*		 ncludes:	Audit	&	Accounting	(2),	HR	Management	(3),	Legal	 I (2),	Research	&	Development	(5),	Staff	Management	(1),	 System	Analysis	(2)	and	a	further	48	who	did	not	provide	a	 category.

Disclaimer:	The	information	reported	to	the	INSEAD	Career	Services	by	both	the	MBA	Graduates	and	the	recruiters	and	included	 in	this	report	has	not	been	independently	verified.	INSEAD	Career	Services	provides	no	guarantee	as	to	its	accuracy. INSEAD MBA GRADUATES 2007 9

Job locations
Reflecting	the	diversity	of	our	participants,	 recruiters	turned	to	INSEAD	to	fill	 positions	in	locations	throughout	the	world.	 In	2007,	INSEAD	graduates	took	jobs	in	 55	countries	and	in	over	350	different	 companies. As	in	previous	years,	Europe	continues	to	 attract	many	graduates.	About	half	of	those	 working	in	Western	Europe	started	their	 post-MBA	career	in	the	United	Kingdom.	 Due	to	a	favourable	immigration	policy,	a	 strong	finance	industry,	and	the	fact	that	 all	INSEAD	graduates	speak	excellent	 English,	London	is	the	top	city	in	2007. For	the	third	year	in	a	row,	one	in	five	of	 INSEAD	graduates	accepted	their	first	 post-MBA	job	in	Asia	Pacific.	Thanks	to	 INSEAD’s	well	established	presence	 in	Singapore,	34%	of	these	graduates	 joined	international	and	local	firms	in	this	 booming	economy.	Hong	Kong	is	at	its	 highest	level	ever	with	14%	accepting	a	 job	there,	followed	by	China,	Australia,	 Korea,	Southeast	Asia	and	Taiwan.

By	region(1)		
Total 77 6%		Africa	/	Near	/	Middle	East 20%		Asia	Pacific 3%		Central	/	Eastern	Europe 2%		Latin	America 6%		North	America 1%		Northern	Europe 10%		Southern	Europe 52%		Western	Europe

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

0 INSEAD MBA GRADUATES 2007

Belgium 2%

Belgium 7% Germany 2% Ireland 1% France 20% Ireland 1% Switzerland 9% Belgium 2% Germany 7% Belgium 9% Switzerland 2% The Netherlands 8% France 20% Ireland France 1% The Netherlands 51% 8% United Kingdom 20% Germany 7% 7% Switzerland 9% United Germany 51% Kingdom 2% Other* 1% Ireland Ireland 1% The Netherlands 8% Other* 2% Switzerland 9% United Kingdom 51% Switzerland 9% The Netherlands 8% Other* 8% The Netherlands 2% United Kingdom 51% Greece 51% United Kingdom 13% Other* 13% Greece 19% Italy 2% Other* 2% Italy 19% Portugal 20% Greece 13% Portugal 42% Spain 20% Southern	Europe Italy 19% Spain 6% Turkey 42% Greece 13% Greece 13% Portugal 20% Turkey 6% Italy 19% Italy 19% Spain 42% Portugal 20% Portugal 20% Turkey 6% Spain 42% Czech Republic 27% Spain 42% Turkey 41% Czech Republic 27% Russia 6% Turkey 6% Russia 41% Other* 32% Czech Republic 27% Other* 32% Eastern	Europe Russia 41% Czech Republic 27% Czech Republic 32% Other* 27% Russia 41% Russia 41% Denmark 27% Other* 32% Other* 32% Denmark 33% Finland 27% Finland 33% Norway 13% Denmark 27% Norway 27% Sweden 13% Finland 33% Sweden 27% Denmark 27% Denmark 13% Norway 27% North	America Finland 33% Finland 33% Sweden 27% Canada 20% Norway 13% Norway 13% Canada 27% USA 20% Sweden 80% Sweden 27% USA 80% Canada 20% Canada 20% Australia 11% China 80% USA 8% USA 80% HongChina 14% Kong 11% Australia 8% Hong Kong 11% India 14% China 11% India Japan 11% Australia 6% 8% Australia 8% Hong Kong 14% Japan 8% 6% Korea 11% China China 11% India Korea 8% Singapore 34% Hong Kong 14% Hong Japan 14% Kong 6% Singapore 34% Other*11% India 8% India 8% Korea 11% Other* 8% Japan 6% Japan 6% Singapore 34% Korea 8% Korea Other* 8% Singapore 34% Singapore 34% Other* 8% Other* 8%

Western	Europe France 7% Germany 20%

Belgium 20% France 2%

Total	373

*		ncludes:	countries	where	fewer	than	5	jobs	were	reported:	 I
Austria	(3),	Lichtenstein	(2)	and	Luxemburg	(4)

Total	69

Total	22

*		ncludes:	Poland	(2),	Slovakia	(1),	Slovenia	(1),		 I
Romania	(2)	and	Bulgaria	(1)

Total	45

Asia	Pacific Australia 20% Canada 8%

USA 80%

Total	146

*		ncludes	countries	where	fewer	than	5	jobs	were	reported:		 I
Indonesia	(2),	Malaysia	(2),	New	Caledonia	(1),	New	Zealand	(1),	 Taiwan	(3),	Thailand	(1),	Vietnam	(1)

INSEAD MBA GRADUATES 2007 

Overall annual base salaries and sign-on bonuses
One	of	INSEAD’s	strengths	is	the	diversity	 of	geographies,	sectors	and	functions	 chosen	by	its	graduates.	As	there	are	 different	standards	of	living	and	taxation	 levels	in	the	various	regions,	we	have	 included	some	salary	information	at	a	 regional	and	local	level,	which	should	be	 factored	into	any	comparative	analysis	of	 the	figures	below.	 Overall	salaries	remain	at	the	2006	level	in	 euros	which	is	partly	due	to	the	strong	euro	 exchange	rate	over	the	past	year.	In	US	 dollars,	median	salaries	increased	by	8%.	 Around	70%	of	graduates	now	receive	a	 sign-on	bonus	(compared	to	62%	in	2006),	 and	the	median	sign-on	bonus	increased	 by	9%.	The	median	salary	in	the	USA	 increased	by	9%	and	salaries	even	showed	 double-digit	growth	of	18%	in	Canada.	 In	Europe,	Belgian	salaries	showed	the	 largest	rise	(11%),	followed	by	Italy	(8%)	 and	Switzerland	(6%). In	Asia	Pacific,	the	base	salary	range	has	 widened	again	with	salaries	in	the	region	 now	ranging	from	€13,000	to	€204,000,	with	 a	4%	increase	in	the	overall	mean	salary.	

Overall	annual	mean	salary Overall	annual	median	salary Overall	median	sign-on	bonus*
*	70	%	of	salaries	overall	reported	with	sign-on	bonus Exchange	rate:	€1	=	US$	1.47069

€ 79,000 € 78,200 € 6,000

US$ 6,200 US$ 5,000 US$ 23,500

How salaries have evolved: comparison over 5 years in local currency (median salary)
France	(€)	 Germany	(€)	 Singapore	(SG$)	 Switzerland	(SFr)	 United	Kingdom	(£)	 USA	(US	$)	 2007 81,000	 90,000	 149,500	 135,000	 65,000	 120,000	 2006 77,900	 87,100	 141,000	 129,800	 64,800	 109,300	 2005 76,300	 82,000	 158,700	 139,000	 60,000	 110,000	 2004 76,300	 90,000	 147,500	 136,000	 60,800	 105,000	 2003 75,000 82,500 120,000 141,400 59,900 100,200

By region()
	 	 Africa	/	Near	/	Middle	East	 Asia	Pacific	 Central	/	Eastern	Europe	 Latin	America	 North	America		 Northern	Europe	 Southern	Europe	 Western	Europe	 Total #	 	 29	 120	 19	 13	 41	 6	 54	 309	 59 Range	e	 	 36,700	–	108,700	 13,000	–	204,000	 52,000	–	95,000	 45,100	–	96,400	 40,500	–	102,000	 77,600	–	130,000	 30,000	–	125,800	 29,400	–	240,000	 Mean	e		 	 69,900	 69,300	 74,900	 74,400	 79,800	 100,600	 67,400	 85,700	 Median	e	 	 74,800	 70,900	 80,000	 74,800	 81,600	 97,900	 70,000	 82,000	 Median	 	Sign-on	e** 15,000 14,300 13,000 13,600 13,600 18,000 20,000

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

2 INSEAD MBA GRADUATES 2007

By country in local currency*
	 	 Australia	(AUS$)	 Belgium	(€)	 Brazil	(Real)	 Canada	(CDN$)	 China	(Renminbi)	 Czech	Republic	(KC)	 France	(€)	 Germany	(€)	 Greece	(€)	 Hong	Kong	(HK$)	 India	(Rupee)	 Ireland	(€)	 Italy	(€)	 Japan	(Yen)	 Korea	(Won)	 Portugal	(€)	 Russia	(Rouble)	 Singapore	(SG$)	 Spain	(€)	 Switzerland	(Sfr)	 The	Netherlands	(€)	 UAE	(UAE	Dirham)	 United	Kingdom	(£)	 United	States	(US$)	 Total #	 	 10	 5	 7	 9	 14	 6	 63	 18	 7	 16	 8	 5	 11	 9	 9	 11	 7	 45	 23	 27	 22	 16	 161	 33	 532 Range	 	 95,000	–	247,000	 58,000	–	96,000	 159,900	–	250,000	 60,000	–	150,000	 577,800	–	966,700	 1,548,900	–	2,452,400	 45,000	–	200,000	 70,000	–	125,000	 40,000	–	80,000	 468,300	–	2,341,400	 900,000	–	3,000,000	 75,000	–	120,000	 60,000	–	90,900	 4,499,300	–	15,002,900	 51,002,800	–	114,930,100	 30,000	–	70,000	 2,451,900	–	3,028,800	 78,300	–	251,900	 38,000	–	100,000	 109,900	–	200,000	 48,000	–	240,000	 259,300	–	551,000	 22,000	–	112,200	 70,000	–	150,000	 Mean		 	 146,700	 82,800	 203,200	 128,500	 792,200	 2,060,000	 81,700	 91,200	 62,100	 902,400	 2,033,300	 100,500	 73,200	 9,410,500	 92,694,500	 58,200	 2,718,700	 148,500	 70,200	 137,400	 85,700	 367,300	 65,900	 114,500	 Median	 		 126,800	 90,000	 210,000	 135,000	 790,000	 2,065,200	 81,000	 90,000	 65,000	 825,500	 2,100,000	 102,500	 70,000	 8,998,600	 51,026,500	 70,000	 2,574,500	 149,500	 75,000	 135,000	 80,000	 385,700	 65,000	 120,000	 Median Sign	on** 27,500 35,200 20,000 116,200 19,500 17,500 210,700 500,000 15,000 20,012,000 25,000 490,400 29,900 18,000 25,000 13,500 91,800 15,000 20,000

*			where	at	least	5	salaries	were	represented **	where	at	least	5	sign-on	bonuses	were	reported

Salary	figures	in	the	2007	Employment	 Statistics	report	are	quoted	in	either	 national	currency,	in	euros	or	US	dollars.	 Note	that	the	salary	figures	are	gross	 annual	base	salaries	exclusive	of	all	 extras	such	as	fringe	benefits	or	sign-on	 bonuses. The	data	should	be	interpreted	in	the	 context	of	structural	differences,	for	 example	in	national	employment	markets,	 levels	of	taxation	and	cost	of	living,	as	well	 as	possible	variations	in	exchange	rates.

Exchange rates
Currency		 Australia	(AUS	$)	 Brazil	(Real)	 Canada	(CDN	$)	 China	(Renminbi)	 Czech	Republic	(KC)	 Hong	Kong	(HK	$)	 India	(Rupee)	 Japan	(Yen)	 Korea	(Won)	 Russia	(Rouble)	 Singapore	(SG	$)	 Switzerland	(SFr)	 UAE	(Dirham)	 United	Kingdom	(£)	 USA	(US	$)	 2007	per	e*	 1.64631	 2.59222	 1.48115	 10.62255	 25.81487	 11.47836	 58.12964	 158.42602	 1389.72305	 36.05715	 2.09381	 1.61642	 5.40218	 0.74826	 1,47069	 2007	per	$* 1.11947 1.76272 1.00713 7.22288 17.54823 7.80251 39.52543 107.74293 944.95305 24.51795 1.42372 1.09936 3.67322 0.50876 1

*	Source:	Oanda.com	(average	exchange	rate	01/01	-	28/02/2008)

INSEAD MBA GRADUATES 2007 3

Career changes
Changes	of	business	sector	
Former	consultants
Characterised	by	their	adaptability	and	 mobility,	87%	of	INSEAD’s	2007	graduates	 changed	their	country	of	work,	sector	 or	functional	area	upon	leaving	INSEAD.	 An	impressive	third	of	them	rose	to	the	 challenge	of	entering	a	new	country,	new	 sector	and	new	function	all	at	once. The	number	of	graduates	who	change	 country	continues	to	grow	–	in	2007,	 63%	of	participants	moved	to	a	different	 country	after	their	MBA	(up	from	55%	in	 2005).	While	Western	Europeans	tend	to	 stay	in	their	region,	a	large	number	do	 not	return	to	their	home	country.	More	 North	Americans	stayed	abroad	after	their	 INSEAD	experience;	while	in	Europe,	 British	and	Dutch	nationals	are	more	likely	 to	return	home	while	almost	two	thirds	of	 the	Italians	chose	to	work	abroad.	 In	Asia,	the	economic	boom	has	increased	 the	number	of	graduates	choosing	to	work	 in	the	region	in	order	to	participate	in	the	 expanding	markets.	In	addition,	2007	saw	 a	reverse	in	the	trend	of	Singaporeans	 and	Koreans	with	the	majority	opting	to	 remain	in	their	home	country.	In	contrast,	 we	see	an	increasing	number	of	Chinese	 nationals	preferring	to	work	overseas	to	 gain	international	exposure,	despite	the	 country’s	economic	boom.	Economic	 growth	in	the	Middle	East	also	saw	an	 increase	in	the	numbers	of	all	nationalities	 choosing	to	work	in	the	region. In	terms	of	sector	changes,	more	than	 half	of	those	with	an	industry	background	 moved	to	either	finance	or	consulting.	 Over	50%	of	those	with	no	previous	 consulting	experience	moved	to	this	sector	 upon	graduation,	where	they	are	able	to	 leverage	on	their	previous	knowledge.	
4 INSEAD MBA GRADUATES 2007

Finance Industry Consulting

22% 5% 63%

Former	finance	professionals

Consulting Industry Finance

7% 8% 65%

Former	industry	professionals

Finance Consulting Industry

7% 35% 48%

Region	or	country	change
Nationalities:	who	stays	home	and	who	goes	abroad(1)	
Regions					# North America Eastern Europe 78 45 Home	 26% 38% 26% 44% 38% 46% 44% 46% 46% 51% 46% 58% 51% 84% 58% 84% 17% Home	 18% 17% 29% 18% 33% 29% 34% 33% 36% 34% 42% 36% 46% 42% 54% 46% 55% 54% 57% 55% 61% 57% 62% 61% 62% 62% 68% 62% 68% 68% 71% 68% 76% 71% 79% 76% 79%

Total	717 Abroad 74% 62% 74% 56% 62% 54% 56% 54% 54% 49% 54% 42% 49% 16% 42% 16% 83% Abroad 82% 83% 71% 82% 67% 71% 66% 67% 64% 66% 58% 64% 54% 58% 46% 54% 45% 46% 43% 45% 39% 43% 38% 39% 38% 38% 32% 38% 32% 32% 29% 32% 24% 29% 21% 24% 21%

North America 78 Latin America 32 Eastern Europe 52 Africa / Near / Middle East 45 Latin America 13 Northern Europe 32 Africa / Near / Middle East 193 Asia Pacific 52 Northern Europe 13 Southern Europe 93 Asia Pacific 211 Western Europe 193 Southern Europe 93 Western Europe 211

Within	selected	nationalities*	

Indian 90 Regions					# American 50 Indian 28 Canadian 90 American 50 Chinese 21 Canadian 28 Israeli 15 Chinese 14 Lebanese 21 Israeli 15 Italian 26 Lebanese 14 Brazilian 13 Italian 82 French 26 Brazilian 13 Greek 11 French 37 Spanish 82 Greek 28 German 11 Spanish 13 Japanese 37 German 28 Swiss 13

Japanese 19 Portuguese 13 Swiss 22 Singaporean 13 Portuguese 19 Korean 14 Singaporean 22 British 42 Korean 14 Dutch 28 British Dutch 42 28

*		 ncludes	nationalities	where	above	10	respondents	 I were	represented

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39. INSEAD MBA GRADUATES 2007 5

Consulting
Recruitment	in	Consulting	was	particularly	 dynamic	in	2007	with	39%	of	the	class	 choosing	to	join	the	sector	on	graduation.	 While	global	firms	remain	the	most	active	 recruiters,	smaller	and	more	specialised	 boutique	firms	continued	to	increase	their	 visibility	on	campus.	The	presence	of	these	 new	and	more	diversified	consultancies	 led	to	broader	placement	in	the	sector	 and	kept	the	proportion	of	students	who	 found	their	consulting	job	through	INSEAD	 Career	Services	at	a	very	high	64%. In	terms	of	geographical	distribution,	while	 Western	Europe	remains	strong	in	2007,	 students	chose	many	other	locations.	While	 almost	the	same	proportion	of	students	 chose	to	work	in	France,	Germany	and	 the	Netherlands,	we	noted	a	7%	decrease	 in	placements	in	the	United	Kingdom	 compared	to	the	previous	year.	At	the	 same	time,	Asia	Pacific	now	represents	 19%	of	placements,	compared	to	only	9%	 in	2006.	Singapore,	Australia	and	China	 remain	the	most	preferred	locations	in	the	 region.	However,	Hong	Kong	and	Korea	 emerge	as	popular	destinations. Overall,	salaries	and	sign-on	bonuses	 around	the	world	are	similar	to	the	 previous	year.

How did they find their job?
Career	Services	/	Alumni	 	 Pre-INSEAD	employer	 	 Own	contacts	 	 Summer	job	 	 Own	company	 	 Total #284 64% 27% 6% 2% 1% 00%

By	region(1)			
Total 284 7%		Africa	/	Near	/	Middle	East 19%		Asia	Pacific 5%		Central	/	Eastern	Europe 3%		Latin	America 8%		North	America 1%		Northern	Europe 12%		Southern	Europe 45%		Western	Europe

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

6 INSEAD MBA GRADUATES 2007

Within	Europe
France 17% Germany 9% Italy 7% Portugal 4% Russia 4% Spain 7% The Netherlands 10% United Kingdom 28% Other* 14%

Total	181

*		 ncludes	countries	where	fewer	than	5	jobs	were	reported:		 I Austria	(1),	Belgium	(4),	Czech	Republic	(3),	Greece	(2),	Ireland	(2),	 Luxemburg	(1),	Norway	(2),	Poland	(1),	Romania	(2),	Sweden	(1),		 Switzerland	(4)

Within	Asia	Pacific
Australia 17% China 13% Hong Kong 10% Korea 10% Singapore 29% Other* 21%

Total	53

*		 ncludes	countries	where	fewer	than	5	jobs	were	reported:	India	(3),	 I Indonesia	(1),	Japan	(3),	Malaysia	(2),	Taiwan	(3)

INSEAD MBA GRADUATES 2007 7

Consulting salaries & sign-on bonuses
Overall	annual	mean	salary	 Overall	annual	median	salary	 Overall	median	sign-on	bonus*	
*		 3	%	of	consulting	salaries	were	reported	with	sign-on	bonus	 8 Exchange	rate:	e1	=	US$1,47069

€ 80,900 € 80,000 € 5,000

$ 9,000 $ 7,700 $ 22,060

By region*()
	 	 Africa	/	Near	/	Middle	East	 Asia	Pacific	 Central	/	Eastern	Europe	 Latin	America	 North	America	 Southern	Europe	 Western	Europe	 Total #	 	 16	 45	 12	 6	 22	 28	 106	 238 Range	e	 	 56,400	–	88,400	 15,500	–	119,400	 68,000	–	84,000	 74,800	–	86,000	 68,000	–	95,200	 60,000	–	100,000	 45,000	–	130,000	 Mean	e		 	 72,800	 71,900	 76,800	 78,900	 85,100	 72,200	 87,700	 Median	e	 	 74,800	 72,800	 80,000	 78,000	 85,000	 70,400	 86,800	 Median	 	Sign-on	e** 15,000 12,100 10,200 13,800 13,600 20,000 15,000

Within selected countries*
	 	 Australia	 Canada	 China	 France	 Germany	 Hong	Kong	 Italy	 Korea	 Portugal	 Russia	 Singapore	 Spain	 The	Netherlands	 United	Arab	Emirates	 United	Kingdom	 USA	 Total #	 	 8	 6	 5	 29	 10	 5	 9	 5	 7	 6	 11	 11	 15	 10	 40	 16	 93 Range	e	 	 57,700	–	117,200	 81,800	–	94,500	 73,600	–	79,100	 64,000	–	130,000	 80,000	–	120,000	 67,600	–	74,800	 60,000	–	75,000	 64,800	–	82,800	 65,000	–	70,000	 68,000	–	84,000	 47,800	–	119,400	 60,000	–	100,000	 48,000	–	90,000	 57,800	–	78,200	 45,000	–	113,600	 15,500	–	93,600	 Mean	e		 	 80,500	 91,200	 75,700	 84,500	 94,900	 70,800	 69,900	 77,100	 69,300	 74,400	 74,700	 75,800	 78,300	 71,600	 91,200	 78,000	 Median	e	 	 77,000	 91,100	 74,400	 85,000	 93,000	 71,500	 70,000	 82,800	 70,000	 71,400	 69,300	 75,000	 80,000	 74,800	 93,600	 81,600	 Median	 	Sign-on	e** 18,200 13,500 6,800 25,000 15,000 16,300 15,000 13,600 25,000 10,300 20,000 12,000 17,000 13,400 13,600

*			where	at	least	5	salaries	were	reported	 **	where	at	least	5	sign-on	bonuses	were	reported

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

8 INSEAD MBA GRADUATES 2007

INSEAD MBA GRADUATES 2007 9

Finance
Building	on	the	development	in	recent	 years,	close	to	30%	of	INSEAD	MBA	 students	joined	the	financial	sector	on	 graduation.	Investment	Banks	continue	to	 attract	nearly	two	thirds	of	these	graduates,	 the	majority	of	whom	join	either	Sales	and	 Trading	desks	or	Merger	and	Acquisition	 teams.	For	the	first	time,	one	out	of	five	 of	these	MBAs	joined	a	Private	Equity	or	 Venture	Capital	fund.	 In	addition	to	the	traditional	on-campus	 recruitment	activities,	Career	Services	 helped	students	organise	dedicated	 Career	treks	in	2007.	Groups	of	students	 participated	in	Investment	Banking	Treks	to	 London	and	Hong	Kong,	Private	Equity	and	 Venture	Capital	funds	visited	the	school	to	 participate	in	INSEAD’s	5th	Private	Equity	 Conference	(IPEC),	and	MBAs	organised	 career	treks	to	Private	Equity	funds	in	 London,	Hong	Kong,	Dubai	or	Vietnam.	 INSEAD’s	Investment	Banking,	Private	 Equity,	Real	Estate	and	Asset	Management	 Clubs	organised	sector	specific	events	that	 attracted	more	than	30	senior	speakers	to	 campus	in	2007. In	2007	the	vast	majority	of	finance	 positions	could	be	found	in	Western	 Europe,	where	London	reinforces	its	 dominant	position	and	continues	to	attract	 over	70%	of	graduates	entering	the	sector.	 Asia	Pacific	remains	popular	within	the	 region.	While	Singapore	continues	to	 attract	the	majority	of	students,	Hong	 Kong	is	becoming	increasingly	popular	 with	one	third	of	the	Asian-based	finance	 positions	(up	from	22%).	Salaries	remain	 comparable	to	2005	and	2006,	with	an	 increase	in	the	median	sign-on	bonus.	In	 this	sector	74%	of	MBAs	now	receive	a	 sign-on	bonus,	up	15%	since	2005.

How did they find their job?
Career	Services	/	Alumni	 	 Own	contacts	 	 Pre-INSEAD	employer	 	 Summer	job	 	 Own	company	 	 Total #98
By	region(1)		
Total 98 4%		Africa	/	Near	/	Middle	East 21%		Asia	Pacific 2%		Central	/	Eastern	Europe 2%		Latin	America 3%		North	America 1%		Northern	Europe 6%		Southern	Europe 61%		Western	Europe
For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

51% 33% 6% 7% 3% 00%

(1)

20 INSEAD MBA GRADUATES 2007

By	division	
Investment Banking 58% Investment Banking 58% Financial Services 22% Financial Services 22% Investment Banking 20% Private Equity 58% Private Equity 20% Financial Services 22% Private Equity 20% Investment Banking 58% Financial Services 22% Analyst / Research Analyst 7% Analyst / Research Analyst 20% Private Equity 7% Associate 61% Associate 61% Analyst Associate Director 5% / Research Analyst 7% Associate Director 5% Associate 61% Director 3% Director 3% Associate Director 11% Manager 5% Manager 7% Analyst / Research Analyst 11% Director 3% Vice President 2% Vice Associate 61% President 2% Manager 11% Associate Director 5% Vice President 2% Director 3% France 5% Manager 11% France 5% Within	Europe	 Switzerland 5% Vice President 5% Switzerland 2% France 5% United Kingdom 72% United Kingdom 72% Switzerland 18% Other* 5% Other* 18% United Kingdom 72% France 5% Other* 18% Switzerland 5% United Kingdom 72% Hong Kong 34% Hong Kong 18% Other* 34% Singapore 46% Singapore 46% Hong Kong 20% Other* 34% Other* 20% Singapore 46% Other* 20% Hong Kong 34%

Total	198

By	top	job	titles

Total	198	(out	of	total	finance)

Total	140

*		 ncludes	countries	where	fewer	than	5	jobs	were	reported:		 I Bulgaria	(1),	Czech	Republic	(2),	Denmark	(1),	Germany	(4),		 Greece	(3),	Ireland	(1),	Italy	(1),	Norway	(1),	Poland	(1),	Portugal	(2),	 Spain	(4),	The	Netherlands	(1),	Turkey	(3).

Within	Asia	Pacific	

Total	41

Singapore 46% Other* 20%
*		 ncludes	countries	where	fewer	than	5	jobs	were	reported:		 I Australia	(1),	India	(3),	Japan	(1),	Korea	(2),	New	Zealand	(1)

INSEAD MBA GRADUATES 2007 2

Finance salaries & sign-on bonuses
Overall	annual	mean	salary	 Overall	annual	median	salary	 Overall	median	sign-on	bonus*	
*		 4%	of	finance	salaries	were	reported	with	sign-on	bonus	 7 Exchange	rate:	e1	=	US$1,47069

€ 8,400 € 77,500 € 26,400

$ 9,700 $ 4,000 $ 38,900

By division
	 	 Financial	Services	 Investment	Banking	 Private	Equity/	 Venture	Capital	 Total #	 	 31	 101	 34	 66 Range	e	 	 35,000	–	150,000	 40,800	–	204,000	 38,000	–	150,000	 Mean	e		 	 83,500	 78,000	 89,600	 Median	e	 	 82,900	 77,500	 90,000	 Median	 	Sign-on	e** 18,700 29,400 15,500

Top job title*
	 	 Associate	 Associate	Director	 Director	 Manager	 Vice	President	 Total #	 	 106	 9	 5	 17	 5	 55 Range	e	 	 37,400	–	126,700	 35,000	–	115,000	 51,600	–	93,600	 63,700	–	204,000	 38,000	–	130,000	 81,600	–	150,000	 Mean	e		 	 75,100	 77,900	 77,300	 121,900	 80,100	 108,000	 Median	e	 	 80,200	 77,500	 77,300	 123,700	 82,900	 101,300	 Median	 	Sign-on	e** 17,800 27,200 13,600 17,100 Analyst	/	Research	Analyst	 13	

By region*()
	 	 Asia	Pacific	 North	America	 Southern	Europe	 Western	Europe	 Total #	 	 35	 6	 11	 105	 57
(1)

Range	e	 	 37,400	–	204,000	 64,600	–	101,300	 35,000	–	125,800	 65,000	–	150,000	

Mean	e		 	 76,000	 79,200	 64,100	 84,700	

Median	e	 	 72,800	 79,900	 50,000	 80,200	

Median	 	Sign-on	e** 27,200 15,000 26,800

*			where	at	least	5	salaries	were	reported **	where	at	least	5	sign-on	bonuses	were	reported

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

22 INSEAD MBA GRADUATES 2007

Within Europe*
	 	 Switzerland	 United	Kingdom	 Total #	 	 7	 90	 97 Range	e	 	 68,400	–	123,700	 65,000	–	150,000	 Mean	e		 	 82,900	 84,300	 Median	e	 	 77,300	 80,200	 Median	 	Sign-on	e** 15,500 27,200

Within Asia Pacific*
	 	 Hong	Kong	 Singapore	 Total #	 	 11	 18	 29 Range	e	 	 40,800	–	204,000	 37,400	–	107,500	 Mean	e		 	 82,200	 70,400	 Median	e	 	 74,400	 74,400	 Median	 	Sign-on	e** 26,100 33,700

*			where	at	least	5	salaries	were	reported	 **	where	at	least	5	sign-on	bonuses	were	reported

INSEAD MBA GRADUATES 2007 23

Industry
In	2007,	there	was	an	increase	both	in	the	 number	and	the	variety	of	companies	 outside	the	finance	and	consulting	sector	 that	turned	to	INSEAD	to	source	talent.	 Smaller	players,	manufacturing	firms	and	 service	providers	successfully	competed	 with	established	MBA	recruiters,	often	 offering	MBA	students	a	clear	path	 to	general	management	and	P&L	 responsibility.	 The	variety	of	sectors	recruiting	 increased	also	in	2007.	High-Tech	/	 telecommunications,	healthcare	and	the	 energy	sector	continued	to	grow	their	 MBA	recruitment.	The	large	increase	in	 manufacturing	hires	in	2007	is	mainly	due	 to	our	change	of	industry	classification	 and	should	not	be	interpreted	as	a	growth	 area.	 Western	Europe	continues	to	attract	half	 of	the	graduates	that	join	industry,	with	the	 United	Kingdom	confirming	its	leadership	 role.	However,	a	growing	number	of	 firms	also	hired	for	offices	in	Switzerland,	 France,	Spain,	the	Netherlands	and	 Germany.	While	the	industry	placement	 trend	for	Asia	remains	stable	compared	 to	2006	(following	the	continuous	market	 growth	in	the	region),	more	recruiters	 came	to	campus	and	INSEAD	graduates	 accepted	job	offers	in	a	greater	variety	of	 countries	in	Asia	than	previously.		 Average	salaries	continued	to	increase	in	 some	sectors	and	countries	as	graduates	 took	on	a	larger	variety	of	positions	but	 remained	at	a	high	level	overall.	More	 and	more	graduates	join	leadership	or	 rotational	programmes,	especially	in	the	 healthcare	and	manufacturing	sectors,	 which	influences	the	overall	salaries	in	 these	sectors.	

How did they find their job?
Career	Services	/	Alumni	 	 Own	contacts	 	 Pre-INSEAD	employer	 	 Summer	job	 	 Own	company	 	 Total #235
By	region(1)		
Total 235 6 	 %		Africa	/	Near	/	Middle	East 22%		Asia	Pacific 2%		Central	/	Eastern	Europe 2%		Latin	America 6%		North	America 1%		Northern	Europe 9%		Southern	Europe 52%		Western	Europe
(1)

48% 27% 16% 3% 6% 00%

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

24 INSEAD MBA GRADUATES 2007

Finance 7% Consulting 4% General Management 20% Corporate Planning / Business Development 25%

Top	functional	areas	 Marketing & Sales 19%
Finance 7%

Total	235	(out	of	total	industry)

Production / Operations Management 20% General Management 4% Consulting 7% Marketing & Sales 25% Corporate Planning / Business Development 19% Consulting 4% Production / / Business Management 7% Finance Corporate PlanningOperations Development 25% General Management 20% Finance 7% Advertising / Publishing 1% Marketing & Sales 20% General Management 19% Construction 2% Production / Operations Management 19% Marketing Goods 7% Consumer / Luxury& Sales 1% Advertising / Publishing 6% Production / Operations Management 2% Corporate Services 7% Construction 7% Energy / Petroleum 9% Consumer / Luxury Goods 6%

All	industry	sectors Corporate Services 1% Advertising / Healthcare 12% Publishing 7%
High-Tech / Telecommunications 17% Energy Petroleum 9% Construction 1% Advertising // Publishing 2% Manufacturing* 18% Healthcare 2% Consumer / Luxury Goods 12% Construction 6%

Total	235

Entertainment High-Tech Media // Luxury Goods 17% / Telecommunications 7% Corporate Services 6% Consumer Public Sector – Non Profit Organisations 18% 6% Manufacturing* 7% Energy / Petroleum 9% Corporate Services Raw & Primary Materials 12% Media / Entertainment 7% Healthcare 6% Energy / Petroleum 9% Trade Public Sector – Non Profit Organisations 17% High-Tech / Telecommunications 12% Healthcare 6% Transportation /Manufacturing* 18% Travel / Leisure 3% Raw Telecommunications 17% & Primary Materials 6% High-Tech / Trade 6% Media Manufacturing* 18% / Entertainment 7% Transportation / / Organisations 3% Public Sector – Non Profit Entertainment 6% Media Travel / Leisure 7% Raw & Primary Materials 6% Public Sector – Non Profit Organisations 6% Trade Raw & Primary Materials Transportation / Travel / Leisure Trade 6% 6% 3% 6%
*		 anufacturing	includes	 M Aeronautics,	Automobiles,	 Electric	Machines,	 Electronic	Equipment,	Misc.	 Manufacturing	Production,	 Stone	/	Clay	/	Glass	and	 Textile.

Transportation / Travel / Leisure 3%

Within	Europe

France 26%

Germany 4% Spain 8% France 26%

Total	149

Switzerland 14% Germany 4% The Netherland 8% Spain 6% United Kingdom 26% Switzerland 14% France 25% Other* 4% The Netherland 17% Germany 26% France 6% United Germany 25% Kingdom 8% Spain 4% Other* 17% Switzerland 14% Spain 8% The Switzerland 14% Netherland 6% United Kingdom 25% The Netherland 6% Other* 25% United Kingdom 17% Other* 17% China 19% India 19% Japan 12% China 19% Singapore 19% India 31% Other* 12% Japan 19% Singapore 19% China 31% Other* 19% India China 19% Japan 12% India 19%
INSEAD MBA GRADUATES 2007 25
*		 ncludes	countries	where	 I fewer	than	5	jobs	reported:	 Belgium	(3),	Czech	Republic	 (1),	Greece	(4),	Ireland	(3),	 Liechtenstein	(2),	Luxemburg	 (3),	Norway	(1),	Portugal	 (4),	Russia	(1),	Slovakia	(1),	 Slovenia	(1),	Sweden	(1)	and	 Turkey	(1).

Within	Asia	Pacific

Total	52

*		 ncludes	countries	where	 I fewer	than	5	jobs	reported:	 Australia	(1),	Hong	Kong	(1),	 Indonesia	(1),	Korea	(4),	New	 Caledonia	(1),	Thailand	(1),	 Vietnam	(1)

Industry salaries & sign-on bonuses by region and countries
Overall	annual	mean	salary Overall	annual	median	salary Overall	median	sign-on	bonus*
*		 3%	of	industry	salaries	were	reported	with	sign-on	bonus	 5 Exchange	rate:	e1	=	US$1,47069

€ 74,500 € 74,800 € 3,600

$ 09,600 $ 0,000 $ 20,000

By sector*
	 	 #	 	 Range	e	 	 	30,000	–	97,200	 43,000	–	200,000	 50,000	–	103,700	 	20,600	–	99,000	 31,000	–	240,000	 13,000	–	105,000	 43,000	–	147,000	 	40,100	–	83,600	 57,300	–	100,000	 36,700	–	105,000	 Mean	e		 	 69,100	 81,000	 75,900	 74,400	 77,800	 70,800	 82,100	 63,200	 75,900	 70,400	 Median	e	 	 70,900	 68,700	 75,000	 76,400	 76,400	 75,500	 77,500	 60,700	 75,000	 68,000	 Median	 	Sign-on	e** 13,900 13,600 13,400 15,000 20,000 20,000 12,500 Consumer	/	Luxury	Goods	 10	 Corporate	Services	 12	 Energy	/	Petroleum	 19	 Healthcare	 21	 High-Tech	 35	 Manufacturing	 34	 Media	/	Entertainment		 14	 Public	Sector	–		 Non	Profit	Organisations	 12	 Raw	Materials	&		 Primary	Metals	 11	 Trade	 11	 Total 79

By top functions*
	 	 Consulting	 Corporate	Planning	/		 Business	Development	 Finance	 General	Management	 Marketing	/	Sales	 Production	/	Operation		 Management	 Rotational	Programme	 Total #	 	 8	 50	 15	 32	 39	 12	 6	 62 Range	e	 	 55,000	–	240,000	 13,000	–	105,000	 43,200	–	120,000	 29,400	–	147,000	 20,600	–	133,600	 59,500	–	96,200	 57,800	–	93,600	 Mean	e		 	 98,900	 73,000	 76,100	 75,000	 75,800	 71,500	 75,400	 Median	e	 	 80,000	 76,000	 80,000	 74,300	 75,000	 68,800	 72,500	 Median	 	Sign-on	e** 18,000 14,300 13,600 15,000 13,600 7,300 13,400

*			where	at	least	5	salaries	were	reported	 **	where	at	least	5	sign-on	bonuses	were	reported

26 INSEAD MBA GRADUATES 2007

By region*()
	 	 Asia	Pacific	 North	America	 Southern	Europe	 Western	Europe	 Total #	 	 43	 13	 15	 98	 79 Range	e	 	 36,700	–	80,000	 		13,000	–	120,300	 		40,500	–	102,000	 30,000	–	75,000	 		29,400	–	240,000	 Mean	e		 	 56,600	 61,500	 71,100	 60,700	 84,600	 Median	e	 	 59,800	 59,900	 62,600	 80,200	 Median	 	Sign-on	e** 12,800 15,000 15,000 Africa	/	Near	/	Middle	East	 10	

72,800	 													9,500

Within Europe*
	 	 France	 Spain	 Switzerland	 The	Netherlands	 United	Kingdom	 Total #	 	 31	 9	 16	 6	 32	 94 Range	e	 	 45,000	–	200,000	 		52,000	–	75,000	 		68,000	–	99,000	 50,000	–	240,000	 29,400	–	147,000	 Mean	e		 	 78,100	 64,800	 85,800	 105,800	 85,700	 Median	e	 	 75,000	 65,000	 86,600	 92,500	 86,900	 Median	 	Sign-on	e** 14,300 15,000 15,500 13,400

Within Asia Pacific*
	 	 China	 India	 Japan	 Singapore	 Total #	 	 9	 5	 6	 16	 35 Range	e	 	 54,400	–	91,000	 20,600	–	51,600	 28,400	–	70,000	 	40,100	–	120,300	 Mean	e		 	 73,900	 37,800	 50,100	 68,800	 Median	e	 	 68,000	 43,000	 51,800	 64,700	 Median	 	Sign-on	e** 13,600 -

*			where	at	least	5	salaries	were	reported	 **	where	at	least	5	sign-on	bonuses	were	reported

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

INSEAD MBA GRADUATES 2007 27

28 INSEAD MBA GRADUATES 2007

Employers of 2007 INSEAD MBA Graduates
Consulting				
McKinsey	&	Company	 Bain	&	Company	 The	Boston	Consulting	Group	 Booz	Allen	Hamilton	 A.T.Kearney	 Roland	Berger	Strategy	Consultants	 Monitor	Group	 L.E.K.	Consulting	 OC&C	Strategy	Consultants	 Trinsum	(formerly	Marakon)	 Arthur	D.	Little	 Oliver	Wyman	

#
106	(36) 40	(9) 35	(13) 21	(9) 12	(1) 9	(4) 6 4	(1) 4 4 3 3

Industry				
Johnson	&	Johnson	 Google	 BT	Group	 EF	Education	 Shell	 Areva	 Novartis	 Dell	 eBay	 Emerson	 Inditex	 Philips	 Schlumberger	 Schneider	Electric	

#
13	(1) 7 5 5 5	(1) 4 4 3	(1) 3 3 3 3 3	(1) 3	(1)

Finance				
Barclays	Group		 Deutsche	Bank	 Lehman	Brothers	 Credit	Suisse	 Merrill	Lynch	 Standard	Chartered	Bank	 American	Express	 UBS	 BNP	Paribas	 Morgan	Stanley	 Goldman	Sachs	 HSBC	 JP	Morgan	

#
16	(1) 13	(2) 10	(1) 9	(2) 7	(1) 7 6 6 5 5	(1) 4 4 4

Numbers	in	brackets	are	former	employees. INSEAD MBA GRADUATES 2007 29

2007 Recruiting partners
Companies	in	bold	employed	at	least	three	MBA	Graduates	in	2007 Companies	marked	“*	”	participated	in	Europe	and/or	Asia	on-campus	recruiting	activities	in	2007

3i 6S	Capital A A.T. Kearney* Abbey Abbott	Vascular* Abengoa	Solar ABN	AMRO	 Accenture* a-connect* ACTED* Actis* ActiveTie Admiral* Advent	International Advent	Venture	Partners African	Development	Bank* Agro-industries	Recherche	 et	Développement Airbus	SAS Airtricity* Aker	ASA* Alcan	Inc.* Alghanim	Industries* Alix	Partners* Alliance	Bernstein Allianz	Private	Equity Partners	GmbH Alpinvest* Alstom* Altima	Partners Alvarez	and	Marsal Amadeus	Capital Amadeus	IT	Group amazon* American Express*

Amgen* Amlin	plc Analysys	Consulting ANZ Apax	Partners	France ArcelorMittal* Archetype Arco	Capital	Management Areva* Arquitectura	PBA Arthur D. Little* Asian	Food	Channel Asklepios	Kliniken	GmbH AstraZeneca* ATOS	ORIGIN Atria	Capital	Partenaires Autodesk Avaya* Avington	Financial* B Bain & Company* Banco	Portugues	Investimento Bank	of	America*	 Barclays Capital* Barclays Plc* 	 BASE	 	 Bausch	&	Lomb*	 BBVA*	 BC	Partners	 Bear	Stearns	International* BearingPoint	 Beltone	Financial	 Bertelsmann*	 Bespoke	 Bill	and	Melinda	Gates Foundation

Biotronik	 BNP Paribas* Bookioo	 Booz Allen Hamilton* Boston	Scientific*	 BP*	 Brambles*	 BRE	Bank	SA	 Bregal	Investments	 Bristol-Myers	Squibb BT Group* Bulltick	Capital	Markets	 C Caixa	Capital	Risc	 Cambridge	Place*	 Cap	Gemini*	 Capital	Group*	 Cargill*	 Carrier*	 CD-adapco	 CDS*	 Celfin	Capital	 Cemex*	 Centrica	 Cerebos	 Cerner*	 Chatham	Financial*	 Chemoil*	 Cisco	Systems	 CIT	Bank	Ltd.	 Citi* Clearwater	Capital	Partners Clickstream	Technologies PLC	 CLSA

30 INSEAD MBA GRADUATES 2007

Coach	Inc.*	 Colgate	Palmolive*	 Comverse	 Corporate	Executive	Board Corporate	Value	Associates* CRA	International*	 Credit Suisse* Crucell* D D.	E.	Shaw	Group* Dalberg	Global	Development Advisors* Danaher* Dawnay	Day	Principal Investments Dell* Deloitte* Delta	Partners* Deutsche Bank* Development	Bank	of	Japan DFS* Diageo* Diamond	Capital Dolphin	Capital	Partners DSM* Duff	&	Phelps* Dyar	Shemsi E EADS Eaton* eBay EDF	Energies	Nouvelles Edmond	de	Rothschild	Asset Management EF Education* Electronic	Arts Eli	Lilly	International* Elsevier* Emap Emerson*

Energia	Investments EPIC	Private	Equity EQT	Partners Equifax Ericsson* Ernst	&	Young Estin	&	Co. Etilize,	Inc EURO	RSCG Eurobank* Europraxis	Consulting* Everest	Group* Exane* Exedra	Capital Expedia* Extreme	Element	Ltd. F Falcon	Management	Partners Faurecia Fiat	Group* Fiba	Capital	Holdings Fidelity	Investments* Firmenich	SA Fortis* Fortress	Investment	Group Fresh	Minds* FSN	capital Future	Food	Factory G Gartner GE* GEA General	Motors	Treasury Center* Genzyme* Ginestié	Magellan	 Paley-Vincent Givaudan GlaxoSmithKline Global	Advertising	Strategies

Global	Renewable	Resources Goldman Sachs* Google* Grant	Thornton Greenwich	Consulting H H	consulting Habitat	for	Humanity* Hal	Investments HCL	Group* Hieronymus	Sàrl Hikma	Pharma* Hilti	Corporation* Hines HOIST	AG Holcim Honeywell HSBC* I IBM	Global	Business	Services IDEX	Corporation* IDG	Ventures International	Finance Corporation* Illyria Imerys InBev	NV* Inditex* Industrial	Decisions Infineon* Infosys	Consulting* Innocent	SA	 INSEAD Interbrand Interket International	SOS Istithmar IVI

INSEAD MBA GRADUATES 2007 3

J Janssen-Cilag	Greece (Johnson	&	Johnson) Jardine	Schindler* Jet	Multimedia John	Fowler	Opthalmics	Ltd. Johnson & Johnson* Jones	Lang	LaSalle* JP Morgan* K Kamal	Osman	Jamjoom	Est KBK	85	Ventures	Ltd. Keops	A/S KIMMCO Kohlberg	Kravis	Roberts	&	Co. Korea	Investment	&	Securities Korn/Ferry	International KPIT	Cummins KPMG* KPN	Mobile	International* Krka,	d.d.,	Novo	mesto L L.E.K. Consulting* Lafarge* Lasenor last.fm Lazard Lehman Brothers* LG	Electronics LGT	Capital	Partners* LincolnCrowne	&	Co.* Lingeriemad Lippincott,	Mercer	Oliver Wyman Liquivision Livermore	Capital L’Oréal* Louis	Vuitton Löwe,	Schwandt	&	 Partner	(LSP)* Loylogic

Ludgate	Environmental	Fund LVMH* M MM3	Capital	Partners	Ltd* Macquarie* Macquarie	Capital	Group Magnum	Industrial	Partners Matsushita	Electric	Industrial Co.,	Ltd. McKinsey & Company* Medtronic* Mercer	Oliver	Wyman* Merrill Lynch* MGI	Luxury	Group,	Concord Microsoft* Migoa MindServices Ministry	of	Finance Mitchell	Madison	Group* Moet	Hennessy* Molten	Group* Monitor Group* Moody’s	Investor	Services* Morgan Stanley* Motorola* MTS	Group* Murex MYS N National	Bank	Financial* National	Basketball Association Navgathi Nemrod	Partners	Sarl Neo	Energia Nestle	Limited New	Philanthropy	Capital Nike* Nissan* Nokia* Novartis*

O OC&C Strategy Consultants* Oliver Wyman* Opera	Solutions* Optimal	Investments	-	 Santander Oracle* Orbis	Investment	Advisory Ltd* P PAI	Partners Partners	Group PCubed PepsiCo* Pernod	Ricard* Philips* Pimco* PME	African	Infrastructure Opportunities Portugal	Telecom Powe	Capital	Management PricewaterhouseCoopers* ProLogis* PRTM* PT.	Idola	Insani PZU	SA Q Quinta	Dona	Matilde R RedPill	Solutions* Rent	Mine	Online	inc Retalika Revolution	Health	Group Rhone	Group* Richemont	–	Cartier Rio	Tinto	Alcan	Engineered Products Riverstone	Holdings	LLC RLtec	 Rohde	&	Schwarz

32 INSEAD MBA GRADUATES 2007

Roland Berger Strategy Consultants* Rolls-Royce	Plc* Rothschild Royal	&	SunAlliance Royal	Bank	of	Scotland* Russian	Construction	Group RWE	AG* S Samsung* Sanford	C.	Bernstein* Sanofi-Aventis* Santander* SAP* Sapa	Group* Schaeffler	Holding	(China) Co.,	Ltd. Schlumberger Schlumberger	Business Consulting* Schneider Electric* Seashells	School SES	ASTRA Shell* Siemens Siemens	Management Consulting* Singapore	Economic Development	Board Singapore	Ministry	 of	Manpower SingTel* SK	Telecom Société	Générale Sodepac	Super	U	Kamére Solon	Management Consulting* Sonae	Com Sony	Corporation SPI	Ltd. ST	Microelectronics* Stalac	Advisory	Services	LLC

Standard Chartered Bank* Starfish	Greathearts Foundation	USA Starwood	Hotels	&	Resorts* Stryker* Suez	Energy	 Suez	Environnement	 Summit	Partners* SuncarShare Symantec	Corporation Syngenta* T T.	Rowe	Price* TACA	Group Taiwan	Semiconductor Manufacturing	Company* TechnoPak	Advisors Techrete Telefonica* Telereal Tesco* Texas	Instruments ThaiExpress The Blackstone Group* The Boston Consulting Group* The	Executive	Office The	Global	Fund The	Redwood	Group The	Siam	Cement	Plc The	Wine	Society	of	India ThyssenKrupp	Gerlach Transcosmos Trinsum (formerly Marakon)* Tristone	Capital Turkven	Real	Estate TVM	Capital TVtrip

U UBS* UBS	Wealth	Management* UCB	Group* UNICEF V Value	Partners* van	Hulten	Consulting VeriDoc	Services Vodafone	Limited Volkswagen	Consulting* Votorantim	Asset	Management W Wealth	Management Resource	Center* Welcome	Real-Time Wellington	Management WestPac* Whirlpool* Wipro* World	Business	Council	for Sustainable	Development Z Zerohotel ZON	Multimedia ZS	Associates*

Total:	397

INSEAD MBA GRADUATES 2007 33

Summer internships and compensation trends
Overview Summer	internships	continued	to	gain	 in	popularity	in	2007	with	over	200	MBA	 participants	reporting	a	summer	job.	As	 in	previous	years,	the	average	duration	of	 the	internship	was	7	weeks.	An	impressive	 118	companies	recruited	these	students	 (up	from	105	in	2006),	and	22	companies	 took	more	than	3	interns	from	INSEAD.	 Approximately	93%	of	the	graduates	 used	the	summer	internship	to	work	in	 a	new	company,	and	almost	all	found	the	 experience	useful	in	gaining	insights	into	a	 new	sector,	function	or	country. Positions	in	finance	continued	to	account	 for	the	vast	majority	of	internship	places	 in	2007	(43%),	reflecting	the	investment	 banks’	recruitment	strategy	hiring	for	 full-time	positions	primarily	through	 their	summer	associate	programmes.	 Consulting	saw	a	major	increase	 from	9%	in	2006	to	18%	in	2007,	and	 several	students	joined	Social	Impact	 organisations	over	the	summer.	 The	geographical	distribution	of	 internships	across	continents	was	similar	 to	that	of	previous	years	with	over	half	 the	class	choosing	Western	Europe	and	 close	to	a	quarter	Asia	Pacific,	where	India	 became	the	second	largest	destination.	 The	biggest	number	of	internships	are	 still	found	in	the	United	Kingdom,	which	is	 dominated	by	finance	positions.

By	region(1)		
Total 204 4%		Africa	/	Near	/	Middle	East 23%		Asia	Pacific 5%		North	America 3%		South	America	 3%		Eastern	Europe 1%		Northern	Europe 6%		Southern	Europe 55%		Western	Europe

(1)

For	the	list	of	countries	per	region,	please	refer	to	pages	38	and	39.

34 INSEAD MBA GRADUATES 2007

Within	Europe	 	 France 12%
Switzerland 12% France 5% Spain 8% Switzerland 12% France 5% UK 8% Spain 58% Switzerland 5% The Netherlands 58% UK 5% Spain 8% Other* 12% The Netherlands 58% UK 5% Other* 5% The Netherlands 12% Other* 12% India 15% Singapore 15% Within	Asia	Pacific	 India 55% Other* 55% 30% Singapore 15% India Other* 30% Singapore 55% Other* 30%

Total	133

*		 ncludes	countries	where	fewer	than	5	jobs	were	reported:		 I Belgium	(2),	Czech	Republic	(1),	Germany	(4),	Greece	(1),	Italy	(2),	 Poland	(2),	Russia	(1),	Slovakia	(1)	and	Turkey	(2)

Total	47

*		 ncludes	countries	where	fewer	than	5	jobs	were	reported:	 I Afghanistan	(1),	Australia	(2),	China	(3),	Hong	Kong	(2),	Indonesia	(1),	 Japan	(1),	Korea	(1),	Malaysia	(2)	and	New	Zealand	(1)

By	sector	
Corporate Services 2% Investment Banking 2% Corporate Services 31% Energy / Petroleum 6% Investment Banking 2% Corporate Services 31% Energy /Healthcare 6% Petroleum 3% Investment Banking 31% Raw Materials & Primary Metals 3% 3% Energy /Healthcare 6% Petroleum Public Sector – Non Profit Organisations 3% 3% Raw Materials & Primary Metals 3% Healthcare Consulting 18% Public Sector – Non Profit Organisations 3% Raw Materials & Primary Metals 3% Media / Entertainment 2% Consulting 3% Public Sector – Non Profit Organisations 18% Telecommunications 2% 2% Media / Entertainment 18% Consulting Manufacturing 5% Telecommunications 2% Media / Entertainment 2% Construction 1% Manufacturing 5% Telecommunications 2% Consumer / Luxury Goods 1% Construction 3% Manufacturing 5% High-Tech 5% Consumer / Luxury Goods 1% Construction 3% Private Equity / Venture Capital 12% High-Tech 5% Consumer / Luxury Goods 3% Trade 2% Private Equity / Venture Capital 12% High-Tech 5% Transportation / Travel / Aeronautics 2% Trade 2% Private Equity / Venture Capital 12% Transportation / Travel / Aeronautics 2% Trade 2% Transportation / Travel / Aeronautics 2%

Total	196

INSEAD MBA GRADUATES 2007 35

Summer job: monthly base salary
By sector*
	 Consulting	 Corporate	Services	 Energy	/	Petroleum	 Healthcare	 High-Tech	 Investment	Banking	 Manufacturing	 Raw	Materials	 Public	Sector	–	Non	Profit	Organisations	 Venture	Capital	/	Private	Equity	 Total #		 36	 5	 12	 6	 8	 64	 10	 6	 4	 20	 67 Range	€	 200	–	10,400	 1,400	–	7,400	 1,100	–	7,100	 500	–	5,000	 700	–	5,000	 600	–	9,600	 500	–	5,900	 2,000	–	4,000	 2,200	–	2,600	 800	–	7,400	 Median	€* 5,500 3,400 4,500 3,800 2,500 7,100 4,900 2,700 2,500 2,900

By country*
	 France	 India	 North	America	 Singapore	 Spain	 Switzerland	 The	Netherlands	 United	Kingdom	 Total
*where	4	or	more	salaries	were	reported. Exchange	rate:	Financial	Times,	01	August	2007

#		 14	 5	 9	 26	 9	 7	 7	 73	 50

Range	€	 400	–	8,500	 500	–	1,800	 900	–	5,900	 1,300	–	6,700	 1,100	–	8,300	 3,200	–	5,500	 2,000	–	6,000	 1,000	–	9,600	

Median	€* 4,000 1,400 3,100 3,100 3,000 3,700 2,500 7,100

36 INSEAD MBA GRADUATES 2007

Companies which hired summer interns in 2007
Companies	in	bold	employed	at	least	three	interns 3i A Aavishkaar Abraaj Capital ADL Advention	Business	Partners Alcan American Express Amgen Arcapita Argos	Soditic Arthur	D.	Little A.T.	Kearney Atlantis	International	Dive Center B Bain & Company Bank	of	America Barclays Group Baxter BBVA	 BCP Bombardier	Aerospace Booz Allen Hamilton BP	Solar Bullnet	Capital C Caledonia Carbon	Capital	Markets CDS Cerner Citi Comuto Credit Suisse D Danaher Dell Deloitte	Consulting Deutsche Bank DFS DHL Diageo DSM Duet	Asset	Management Group E ebookers	Ltd. EFG	Eurobank EnerNOC	Inc Expedia Extreme	Element F FBS	Management Fortis	Bank Future	Food	Factory G GAZ	International GFIA	Private	Ltd. GLG	Partners Goldman	Sachs	International H Hexagon	Partners HSBC I I2O	Water	Ltd. Iberinco IBM Input INSEAD Intrinsic	Value	Investors Isthitmar J Jet	Multimedia JM	Financial	Consultants	 Pvt	Ltd. Johnson	&	Johnson JP Morgan L Lafarge Lausanne	Consulting	Group LCC Lehman Brothers L.E.K	Consulting LG Electronics Louis	Vuitton M Macquarie McKinsey	&	Company Meantime	Brewing	Company Medtronic Merittrac	Services	Limited Merrill Lynch mm	consulting Moody’s	Investors	Service	 Morgan Stanley Motorola N Novartis O OC&C	Strategy	Consultants P Pernod	Ricard Philips Pictet	&	Cie Point	Carbon PricewaterhouseCoopers R Reliance	Industries	Ltd. Reuters Rhone	Capital Ronin	Capital	Llc S Sanford	C.	Bernstein Santander Schaeffler	Group Schneider	Electric SCT	UAE Shell Siemens	 SingTel Standard	Chartered	Bank StratX Syngenta T Technoserve	 Telefonica	Internacional Temasek	Holdings Tesco The Boston Consulting Group T	Rowe	Price Turkven U UBS UNICEF Unicredit Unite	Union UnLtd. V Value	Partners W Walter	Scott	&	Partners Warburg	Pincus 	 Total:	118

INSEAD MBA GRADUATES 2007 37

List of countries per region

Africa Algeria Angola Benin Botswana Burkina	Faso Burundi Cameroon Cape	Verde Central	African	Republic Chad Comoros Congo Congo	Rep.Dem. Djibouti Egypt Equatorial	Guinea Eritrea Ethiopia Gabon Gambia Ghana Guinea Guinea-Bissau Ivory	Coast Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Mozambique Namibia Niger Nigeria Reunion Rwanda Saint	Helena

Sao	Tome	and	Principe Senegal Seychelles Sierra	Leone Somalia South	Africa Sudan Swaziland Tanzania Togo Tunisia Uganda Zambia Zimbabwe America North Canada Greenland Mexico USA America South Anguilla Antigua-Barbuda Argentina Aruba Bahamas Barbados Belize Bermuda Bolivia Brazil Cayman	Islands Chile Colombia Costa	Rica Cuba Dominica Dominican	Republic Ecuador El	Salvador Falkland	Islands

Grenada Guadeloupe Guatemala Guiana Guyana Haiti Honduras Jamaica Martinique Montserrat Netherlands	Antilles Nicaragua Panama Paraguay Peru Puerto	Rico St	Kitts	and	Nevis St	Lucia St	Vincent	and	The	 Grenadines Surinam Trinidad	and	Tobago Turks	and	Caicos	Islands Uruguay Venezuela Virgin	Islands	(British) Virgin	Islands	(US) Asia Pacific Afghanistan American	Oceania American	Samoa Australia Bangladesh Bhutan Brunei	Darussalam Cambodia China Christmas	Island Cocos	Islands Cook	Islands East	Timor

38 INSEAD MBA GRADUATES 2007

Fiji French	Polynesia Guam Hong	Kong India Indonesia Japan Kiribati Korea Laos Macau Malaysia Maldives Marshall	Islands Micronesia Mongolia Myanmar Nauru Nepal New	Caledonia New	Zealand Niue Norfolk	Island North	Korea Pakistan Palau Papua	New	Guinea Philippines Samoa Singapore Solomon	Islands Sri	Lanka Taiwan Thailand Tokelau Tonga Tuvalu Vanuatu Vietnam

Eastern Europe Albania Armenia Azerbaijan Belarus Bosnia	and	Herzegovina Bulgaria Croatia Czech	Republic Estonia Georgia Hungary Kazakhstan Kyrgyzstan Latvia Lithuania Macedonia Moldova Poland	 Romania Russia Serbia	and	Montenegro Slovakia Slovenia Tajikistan Turkmenistan Ukraine Uzbekistan Near/Middle East Bahrain Cyprus Iran Iraq Israel Jordan Kuwait Lebanon Oman

Palestine Qatar Saudi	Arabia Syria United	Arab	Emirates Yemen Northern Europe Denmark Faroe	Islands Finland Iceland Norway Sweden Southern Europe Gibraltar Greece Italy Malta Portugal Spain Turkey	 Vatican Western Europe Andorra Austria Belgium France Germany Ireland Liechtenstein Luxemburg Monaco Switzerland The	Netherlands United	Kingdom

INSEAD MBA GRADUATES 2007 39

Important INSEAD recruiting guidelines
Non-disclosure of grades: INSEAD’s	 selection	criteria	demand	a	rigorous	 evaluation	of	intellectual	and	professional	 abilities.	To	obtain	the	MBA	degree	is	a	 significant	achievement.	Therefore,	as	a	 matter	of	policy,	grades	are	considered	 confidential	during	the	recruitment	 process.	Students	will	only	be	able	to	 communicate	about	the	Dean’s	List.	At	this	 stage,	full	transcripts	of	grades,	can	only	 be	obtained	after	graduation. Equal consideration for students on both campuses:	Participants	are	selected	from	 a	centralized	applicant	pool,	so	that	both	 campuses	have	roughly	the	same	MBA	 profile.	Recruiters	are	thus	expected	to	 consider	all	candidates	regardless	of	their	 campus	location.	This	will	also	include	 exchange	students	at	and	from	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	videoconferencing	 equipment,	to	facilitate	the	recruitment	 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. For	more	details	on	recruiting	at	INSEAD,	 please	visit	Corporate	Recruiters	section	 of	our	website: http://www.insead.edu/mba/careers General Enquiries Europe	Campus		 	 Tel:	+33	(0)1	60	72	42	24		 	 evelyne.franzon@insead.edu Asia	Campus		 	 Tel:	+65	6799	5428		 	 michele.bacsafra@insead.edu

40 INSEAD MBA GRADUATES 2007

Europe Campus Boulevard de Constance 77305 Fontainebleau Cedex, France Tel: +33 (0)1 60 72 42 24 Fax: +33 (0)1 60 72 44 03 Asia Campus 1 Ayer Rajah Avenue, Singapore 138676 Tel: +65 6799 5428 Fax: +65 6799 5499 www.insead.edu/mba/careers

Printed by INSEAD - 06-2008 - Photography: Philippe Aubry - Rory Daniels - CONTEXTES


								
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