CEIBS MBA Employment Report Shows Slight Salary and Employment Increase

The job offer acceptance for the 2014 CEIBS MBA class of is 91.9% compared to last year’s employment rate of 90.1% – a 1.8% year-on-year increase.  According to Yvonne Li, CEIBS’ MBA director for admissions and career services, the job offer acceptance rate can be viewed as the equivalent of the previously used ‘employment rate’.  The terminology was changed this year to keep in line with the standards of the MBA Career Service and Employment Alliance, as well as what is used globally.

A total of 340 companies recruited at CEIBS in 2014, compared to the three-year average of 403. The number of job postings (1,087) was also down from the three year average of 1,324.

Ford is the only company which hired five or more graduates in 2014. MBA employers for two or more graduates include: AstraZeneca, Infosys, McDonald’s, Microsoft, Nike, Samsung and UBS.

There has also been a slight increase in the post-MBA salary for CEIBS graduates, with overseas students working outside mainland Chinese getting the highest post-MBA salaries. The total median MBA salary for 2014 is a base salary of RMB 387,000 plus other guaranteed compensation of RMB 88,500 for a grand total of RMB 475,500 (US$77,398). Compared to last year’s median salary of RMB 475,000 (annual base salary plus other guaranteed compensation), this is an increase of RMB 25,000 (US$4,069) and a 5.5% salary increase compared to last year.

Overseas students working outside mainland China, which comprise 14.8% of the Class of 2014, have the highest total median salary RMB 635,936 (an annual base salary of RMB 540,600 plus other guaranteed compensation of RMB 95,336). This is an increase of RMB 190,936 or 43% compared to 2013.