As environmental, social and governance standards become increasingly important criteria by which business schools are judged, the Financial Times ranking team looked at how European institutions are faring compared to their rivals and assessed how students are financing their degrees, alumni seniority and favored employment sectors. Below, we look at which degrees (MBA, Executive MBA, or MiM -Master in Mangement) rank highly for teaching ESG.
Graph 1: Is ESG taught well?
Teaching rated out of 10 by surveyed alumni for the FT rankings
First round of this analysis clearly lost by Europe compared to the other continents that provide postgraduate education. Since according to this research, Executive MBA and MiM (Master in Management) graduates who studied outside Europe rate the delivery of environmental, social and governance topics of their business schools higher than those of European institutions. Only MBA graduates from European schools rate them higher on the subject than their peers elsewhere.
Graph 2: ESG teaching, by grade
Proportion of basic teaching hours on environmental, social and governance topics, in Europe and worldwide (%)
The MBA and Executive MBA programs offered in Europe dedicate a greater part of their courses to ESG compared to schools in the rest of the world. The average proportion of teaching hours of the top MBAs dedicated to ESG in Europe is 75% higher than in the rest of the world, where only 12% of the degree is related to ESG topics.
Graph 3: ESG in Europe
How much of their curricula do careers dedicate to the subject (%)
Despite higher levels of ESG teaching in MBA and EMBA programs, business schools in Europe devote less of their MBA courses to the subject compared to other regions. However, the MiM is a predominantly European degree, with only one in five courses taught outside the continent.
Graph 4: Funding
Percentage of MBA and MBA fees financed by sponsorship or scholarships (%)
Only 10 per cent of all European Master of Management alumni fees surveyed by the FT were paid through sponsorships and scholarships, and the figure is lower in the rest of the world. The average total fees for MiM alumni in Europe are nearly half that of a MiM elsewhere. About 14 percent of all European MBA alumni fees are paid through sponsorships and scholarships, compared to 17 percent for the rest of the world.
Graph 5: Where do alumni work?
Sectors of employment, comparison by degree (%)
MBA and MiM graduates are strongly represented in the consulting and finance/banking sectors three years after their degrees. Many EMBA graduates focus on industry, finance/banking, IT/telecommunications, and healthcare.
Graph 6: Seniority, by grade
Alumni roles, from graduation to now, three years after completing the master’s degree (%)
Graduates of all three master’s degrees tend to move into managerial or executive positions three years after completing their degrees. More MiM graduates are entering junior/senior management, while a higher proportion of MBA alumni are in senior management/executive positions. More EMBA graduates are serving as president/MD/CEO and other directors/vice presidents.
Next, from OUR EDITORIAL OFFICE we have gone out as we always do to search specialized sites in postgraduate training, be they business schools, organizations that prepare surveys, consulting and research centers, among others, to offer our readers an overview simple and clear of what is happening with Business School graduates.
Therefore, we are going to ask you a series of questions:
What jobs are available for MBA graduates?
Among the top 10 jobs after earning an MBA degree, postgraduates most often find the following positions:
– Marketing director.
– Sales manager.
– HR director.
– Financial Analyst.
– Business analyst.
– Bank employee investment area.
– Director of Business Development.
– Project director.
Do all MBA graduates get jobs?
This disadvantage is reflected in the news and reports: of the students who graduate each year from business schools, depending on the country in which we are analyzing the sector, the level of employability can range from only 35% of the graduates who find work, up to levels between 60 and 75%. This type of approach has been altered by the pandemic, which is why almost all analysts and scholars in the sector agree on something, that the incidence of online learning together with a strong adjustment of the curricular contents of postgraduate programs adapting them to the current moment, they will maintain a good level of enrollment during 2022 and 2023. But in addition, to attract more students to the courses, it is important that schools foster the right skills that will help students fit into various job roles. Adapting programs to company needs is the best way to contribute to the employability of graduates.
Can I get a job immediately after the MBA?
MBA hopefuls should make sure that getting a job after MBA is not a difficult task. Job opportunities after an MBA are vast and it is the responsibility of the students to choose the right job from the available options.
Is there a demand for MBA graduates?
According to some surveys that were done in 2021, the demand for MBA graduates from the technology industry was expected to increase by 10% compared to 2020 but considering how the situation was in the period before the pandemic. In fact, with 96% of tech recruiters planning to hire MBA graduates in 2021, the demand for management talent was higher than the previous three years.
Which MBA has the highest salary in the world?
Top of the MBA salary chart is Switzerland, offering a staggering average base salary of $123,500 which, with bonuses averaging around $18,000, makes the overall remuneration for an MBA in Switzerland by far the highest of the world, in the order of 140,000 dollars.
Why MBA Graduates May Have Difficulty Getting Jobs
Generally speaking, MBA graduates have a better chance of getting a job than other professionals who have not completed postgraduate studies. We do not have to take into account the exceptional reasons that the pandemic caused in the labor markets, which currently in this Post-Covid stage are slowly returning to their pre-2020 situation, but adapted to a new reality. And this has to do with the quality of the programs offered in the schools, an issue that we have already dealt with in this forum of the AEEN.
Is the MBA losing value?
The value of an MBA must always be measured in terms of the contribution (return on investment) that it has on 3 elements that must be observed together: the improvement in the postgraduate’s job possibilities, be they promotions or job changes; the best qualification for the school from which this professional graduates, because it will speak well of his education and training; the contribution that the postgraduate makes to the increase in the company’s productivity, therefore, a better level of competitiveness and also an improvement in the contribution to the generation of regional wealth in which the company operates.
Have MBAs been worth it in 2021?
According to a 2021 survey by the Graduate Management Admission Council (GMAC), people with an MBA degree were projected to earn $3 million more over 35 years than people with a bachelor’s degree.
Can I become a CEO after an MBA?
Many future CEOs enter business school to pursue an MBA because they want an advanced degree in their favorite field of expertise, or to pursue a business administration degree. An MBA is a common graduate degree held by CEOs. Electives such as strategic management, organizational theories, and managerial economics also prepare prospective CEOs. Of course, conventional MBAs, with all the updates that have been made to their curricular content, especially in ESG in the last two years, will continue to be in great demand in the next two years as well. And that’s because general management students will learn a variety of management skills and perspectives that can be applied to organizations in any industry, from human resources and marketing to systems and UX (User experience).
Does an MBA guarantee a good job?
Surveys to which we have had access from OUR EDITORIAL STAFF, show us that around 2/3 of those surveyed have always agreed that their postgraduate degree in business gave them greater job security. Many of the top MBA programs in recent years have seen 90% or more of their graduating class land jobs immediately after graduation.