their master’s degree
annual pay when they
finish the master’s degree.
EAE Business School presents the Employment Report, an analysis of the professional career of students after passing through the School’s classrooms. The report shows that 85% of students at EAE Business School receive new job offers after completing the master's degree and improve their annual pay in 74% of cases.
Doing a master's degree is also synonymous with an increase in professional responsibilities in 90% of the students and 75% also detected new professional opportunities. For 38%, taking the master’s degree in EAE has been "significant" and the key areas of learning have been strategy and leadership (39%) and marketing and sales (31%).
According to the report, the EAE Professional Career Service is the most common access route to a new job among students with 61%; and followed by professional networks (15%) and contacts made in EAE (14%). Furthermore, 10% of students prefer to create their own company. In this sense, 75% of students achieve this through EAE.
New professional opportunities also cross borders. 68% of students work in their country of origin, while 32% do so in a foreign country. 65% do their profession in Spain, while 35% do so in an international destination. Private business (92%) is that of greater presence, in public detention (8%). Companies with more than 1,000 workers (41%), therefore multinationals, attract the most talent, unlike those with 101 to 250 workers (13%); and from 251 to 500 workers (12%). Smaller companies with less than 25 workers account for 6%.
The sector in which students find more work is in consulting (15%), banking (11%), large consumption (10%) and sale (8%); and in the departments of marketing and communication (18%), sales (12%) and consulting (11%). 51% hold management positions, 29% technical, 17% management and 3% executive.
In this sense, the EAE Professional Career Service gives visibility to students in 5,300 collaborating companies, among which the Almirall pharmaceutical companies stand out; the financial companies, Banco Sabadell or Banco Santander; distribution brands such as Carrefour, consumer brands such as Coca Cola, Nestlé, L'Oreal or Coty; technology businesses like LG or IBM; consultants such as Everis or Deloitte and telecommunications such as Telefónica, among many others.
All these companies participate in the different employment and networking initiatives that are carried out in EAE such as the Talent week, the Company Meetings, the Online Employment Forum, the Recruiting day and the round tables with headhunters.
EVOLUTION OF PAY AFTER DOING A MASTER
One of the key factors to start doing a master's degree is the pay improvement that it entails. If the average of the salary progression is analysed, full-time EAE MBA students increase their salary by 28% compared to the year prior to doing the master's degree, reaching 50,083 euros per year. In the executive mode of the MBA, the increase is 45%, to reaching 61,500 euros per year.
In the full-time Human Resources and Coaching master’s degrees, the evolution is 47%, with earnings of 27,541 euros per year on average. In the executive, the pay is 31,800 euros, 24% more than before the programme. In Supply Chain Management & Logistics, the salary increases by 30% to 23,400 euros on average, while in executive mode it increases by 41% to 38,000. In the full-time Finance, Accounting and Stock Exchange master’s degrees, the increase is 49%, with 25,421 euros and, in executive mode, 17% with 34,286 euros per year.
In full-time Marketing and Sales, the salary increased by 59% with 35,911 euros per year; in the executive, it was 41% with 52,231 euros. In Digital Marketing, it was 38% to reach 25,210, and in executive it was 50% with 35,733. In Project Management, the increase is 34% to 32,330 euros per year and, in the executive, 41,568, 30% more than before the master. In full-time Big Data, Analytics & Business Intelligence, the salary increases by 49% to reach 31,460 euros. In executive, the salary increases by 33% to an average of 48,710 euros. In the Executive Development Programme (PDD), the annual salary is 46,667 euros on average, 14% more than before taking the master’s degree. In communication, it increases by 21% to 32,000; and in International Business it increases by 44% to reach 32,017 euros.
98% OF EAE STUDENTS DO PRACTICE
98% of students who apply for internships do them and 86% of the time through the Professional Careers service, 12% through the EAE Employment Exchange and 2% through other channels. The sector of activity of the company where it is done is consulting / advisory / audit (11%), financial (7%), large consumption (7%) and commercial (6%), among others. In this sense, practice gives rise to a contract in 37% of cases.
FUTURE EMPLOYMENT TRENDS
On the other hand, the Employment Report analyses which trends mark future employment, which wagers on teams with profiles with different experiences; without distinction between juniors and seniors, but with the ability to constantly learn in a changing environment with a work-by-project methodology with multidisciplinary professionals. Talent also has its demands for its post as sustainable, based on the circular economy and that corporate social responsibility is appreciated; in addition to having open, flexible, digital, global work environments with a close leadership style. Companies must adapt to a type of profile that seeks constant challenges and short stays but with impact.
THE ENTREPRENEURING PROFILE
From EAE, entrepreneurship is also promoted to boost the business fabric and create value and wealth in society. 10% of students choose to create their own company and their profile is 32 years on average, with 5 years of professional experience and the most attractive sectors for entrepreneuring are information technology, advertising and marketing and electronic commerce.
In this sense, EAE has launched various initiatives to promote entrepreneurship among its students with EAE Emprende, a transversal training service that includes training, financing and the EAE Lab incubator. In training it is EAE Emprende experience with sessions on methodologies to create a start-up or on how a capital venture chooses a start-up to invest in; Interim Management, in which advice is given to identify the keys of the project; Ted x EAE, an event that shows how people can create their own future; Workshops for responsible entrepreneurs, to raise awareness to do business responsibly and ethically; Legal Classroom that gives the main legal keys when starting an entrepreneur project. In financing, the Business Angels Academy to inform about the latest trends in investment in start-ups; round tables on the different financing alternatives.
Finally, EAE Lab is an accelerator of innovative projects, whose objective is to promote, develop and accompany in the gestation process of the entrepreneurial ideas of students and alumni.
EAE's commitment to entrepreneurship has also materialised in an agreement with Babson College (USA), the leading school in entrepreneurship worldwide, according to the rankings of the Financial Times, the specialised Entrepreneur Magazine or The Princeton Review and which gives students access to the expertise of one of the most reputable schools in the world.