Masters in Management

employment report
GRADUATING CLASS OF 2023
 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Introduction from the Head of Career Centre

I am delighted to report that 91% of students seeking

employment from our 2023 graduating Masters in Management 91%
(MiM) class received an offer within three months of graduation. accepted an offer
This is a pleasing result given challenging employment markets. As in previous within three months
years, many of our students continue to excel in consulting careers, with nearly half of graduation
year on year securing roles in this sector.

92%
Notwithstanding the difficult environment, our graduates secured opportunities
globally, albeit 47% chose to start their careers in the UK. Indeed, London Business
School continues to enjoy a unique advantage in offering students the opportunity
to network face-to-face with prospective employers and industry specialists across a received an offer
wide range of sectors. within three months
of graduation
Whichever location, sector and company our graduates chose, we congratulate
and wish them well. We equally look forward to following their progress in the
years to come.

98%
reporting rate

Christian Dummett
Executive Director of Career Centre
London Business School

“During my time at LBS, I was able to discuss my plans and ideas

through Career Coaching sessions and to make use of the MBA
Peer Leader sessions to get valuable insights from peers who have
worked in consulting. I was also able to attend various career fairs
and employer presentations, and to connect with people in the wider
LBS network. All of these interactions allowed me to gain another
perspective on my career aspirations and get a better understanding
of the types of roles that would be accessible post-programme.”
 ndrew Lee MiM2023
A
Business Analyst, Arthur D. Little

The three-month employment rate is calculated in compliance with MBA Career Services and Employer Alliance (MBA CSEA) reporting standards.
Students returning to their sponsoring employers are not included in the three-month rate.

London Business School MiM employment report 2023 Introduction from the Head of Career Centre 2
 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Class profile Sector destinations Job location Salary information

MiM2023 class profile

253 49 54% 22 699

students nationalities* female average GMAT score
age (years) (average)

Regional background

98%
international
students
39% 33%
Europe (excl. UK) South East/East Asia

2% 2%
United Central/Western
Kingdom Asia

1%
2% Oceania
North America

3%
Africa/Middle East
1% 17%
Latin America
(incl. Caribbean) South Asia

Undergraduate study discipline

Business administration
27%
Economics
18%
Finance/Accounting
16%
Engineering
12%
Maths/Science
8%
Social sciences
8%
Languages
3%
Arts
2%
Medicine
2%
Law
1%
Other
3%
0 10 20 30

* All nationalities are self-declared.

London Business School MiM employment report 2023 Class profile 3

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Class profile Sector destinations Job location Salary information

Sector destinations
% 2019 2020 2021 2022 2023 Sector breakdown 2023
100
41 44 45 48 47 CONSULTING 47%

FINANCE 32%
● Investment Banking 16%
80
● Private Equity 7%
● Investment Management 4%
● Venture Capital 3%
● Finance – Other* 2%
60
29 TECHNOLOGY 13%
30 27
32 ● Information Technology and Services
5%
26
● Media 3%
40 ● Fintech 2%
● Internet/E-Commerce 2%
● Technology – Other** 1%
16
12 18 DIVERSIFIED 8%
16
20 13 ● Industrials 3%
14 14 ● Energy 2%
10 10 ● Healthcare 2%
8
● Diversified – Other*** 1%
0

Top employers
Boston Consulting Group 12 Goldman Sachs 3
Strategy& 11 Amazon 2
Bain & Company 9 BNP Paribas 2
Kearney 6 Efficio 2
Oliver Wyman 6 Fidelity International 2
EY-Parthenon 4 Hilti 2
McKinsey & Company 4 JP Morgan Chase 2
Roland Berger Strategy Consultants 4 LGT Capital Partners 2
Advancy 3 OC&C Strategy Consultants 2
Barclays 3 Procter & Gamble 2

“What truly set the MiM experience apart were the remarkable
individuals I met. From seasoned professionals to ambitious
peers, their diverse perspectives and unwavering passion not only
broadened my horizons but also reshaped my entire worldview.
Together, we navigated challenges and forged lifelong bonds.
The MiM isn’t just about education – it’s about embracing
a transformative community.”
Aayush Singhal MiM2023
Associate, Strategy&

* Finance – Other: Central Banks/Ministries/Regulation/Public Finance, Retail Banking, Services & Products.
** Technology – Other: Foodtech, Healthtech.
*** Diversified – Other: Consumer & Retail.

London Business School MiM employment report 2023 Sector destinations 4

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Class profile Sector destinations Job location Salary information

Job location

18%
Europe (excl. UK)
47% 20%
Asia
United Kingdom

1% 1%
North America Oceania

13%
Africa/Middle East

MiM2023 graduates went to work at organisations in the following 18 locations:

● Australia ● Hong Kong SAR ● Spain

● Belgium ● India ● Switzerland

● Canada ● Italy ● Taiwan

● China Mainland ● Poland ● United Arab Emirates

● France ● Qatar ● United Kingdom

● Germany ● Saudi Arabia ● United States (USA)

London Business School MiM employment report 2023 Job location 5

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Class profile Sector destinations Job location Salary information

Salary information by sector

UK Pounds US Dollars* International Dollars**

Industry Min Max Mean Min Max Mean Min Max Mean

OVERALL £4,133 £100,000 £47,159 $5,121 $116,892 $58,230 $14,123 $220,725 $81,194

Other compensation £1,009 £51,000 £11,616 $1,279 $64,173 $14,298 $2,160 $76,422 $19,989

CONSULTING £14,364 £86,032 £50,196 $18,338 $111,951 $61,493 $24,842 $217,253 $86,765

Other compensation £1,730 £26,759 £10,865 $2,109 $32,559 $13,248 $2,749 $53,133 $18,794

FINANCE £6,539 £100,000 £51,104 $8,365 $116,892 $63,747 $14,123 $197,349 $84,779

Other compensation £1,009 £51,000 £16,308 $1,279 $64,173 $20,317 $2,160 $76,422 $26,957

TECHNOLOGY £4,133 £43,200 £29,486 $5,121 $52,776 $36,667 $16,034 $62,850 $46,969

Other compensation £1,240 £10,000 £4,946 $1,536 $12,474 $6,156 $4,202 $17,098 $8,950

DIVERSIFIED £18,671 £51,750 £36,110 $23,465 $64,451 $44,866 $39,617 $220,725 $76,009

Other compensation £3,800 £15,000 £7,392 $4,745 $18,376 $9,154 $5,651 $31,894 $15,256

67%
of our students who accepted an offer
received other compensation/bonuses

Salary information by location

UK Pounds US Dollars* International Dollars**

Location*** Min Max Mean Min Max Mean Min Max Mean
OVERALL £4,133 £100,000 £47,159 $5,121 $116,892 $58,230 $14,123 $220,725 $81,194

Other compensation £1,009 £51,000 £11,616 $1,279 $64,173 $14,298 $2,160 $76,422 $19,989

Africa/Middle East £46,486 £86,032 £59,612 $55,276 $111,951 $72,976 $91,208 $217,253 $120,677

Other compensation £2,469 £26,759 £14,615 $2,995 $32,559 $17,949 $4,887 $53,133 $29,110

Asia £4,133 £100,000 £39,780 $5,121 $116,892 $48,653 $14,123 $220,725 $90,277

Other compensation £1,009 £30,000 £9,453 $1,279 $35,068 $11,374 $2,160 $59,205 $20,196

Europe £9,528 £69,208 £41,256 $11,836 $86,495 $51,798 $16,034 $125,193 $69,602

Other compensation £1,730 £10,762 £6,228 $2,109 $14,055 $7,946 $2,749 $18,326 $10,537

UK £24,383 £75,000 £48,327 $29,870 $92,413 $59,884 $35,572 $110,053 $71,315

Other compensation £2,000 £51,000 £12,466 $2,517 $64,173 $15,505 $2,997 $76,422 $18,465

* Conversion rates as per date of offer.

** Purchasing power parity (PPP) included due to the high number of students who have
salaries in non-US dollar currencies. The World Bank’s implied PPP rate of exchange was used
to equalise the purchasing power across economies.
*** Insufficient data points to report salary data for North America and Oceania.
Other compensation includes sign-on and end-of-year bonus, where we have sufficient data.
Salary data does not include sponsored or self-employed students, in accordance with MBA CSEA guidelines.

London Business School MiM employment report 2023 Salary information 6

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Class profile Employment statistics

GMiM2023 class profile

20 5 60% 22 702
students* nationalities female average GMAT score
age (years) (average)

Regional background

15%
Europe

85%
South East/East Asia

Undergraduate study discipline

Languages
29%
Business
23%
Economics
18%
Finance/Accounting
18%
Social sciences
6%
Other
6%
0 10 20 30

* All nationalities are self-declared.

London Business School MiM employment report 2023 Class profile 7

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Class profile Employment statistics

GMiM2023 employment statistics

Sector destinations

94% 90%
CONSULTING 43%

FINANCE 57%
accepted an offer Reporting rate ● Securities/Investment Banking 43%
● Asset Management 7%
within three months ● Venture Capital/Private Equity 7%
of graduation

Job location 100%

Asia

“The GMiM programme has broadened my perspective in numerous

ways, notably by fostering a sense of global citizenship. It provided
a great opportunity to understand diverse cultural mindsets and
allowed me to cultivate the skills necessary for effective cross-border
collaboration. The Career Centre played an instrumental role in my
career development, offering invaluable support in interview
preparations, helping me unearth my true passions and facilitating
connections with the alumni network. Their guidance has been
pivotal in shaping my professional path.”
Yuting Huang GMiM2023
Rotational Analyst, CPP Investments (CPPIB)

Global MiM employment data is provided by Fudan University’s Career Development Office.

London Business School MiM employment report 2023 Employment statistics 8

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Hiring companies

MiM
3HORIZONS Gartner Rumeur Publique
Advancy Glennmont Partners by Nuveen RVU
Al Forge Grant Thornton S&P Global
AlixPartners HelloFresh Schneider Electric
AlphaSights Hilti Sia Partners
Altai Consulting Huatai United Securities Simon-Kucher & Partners
Amazon Hyperithm SomX
Amber Capital iBanFirst Strategic Analytics
Arma Partners IBM Strategy&
Artefact Integration Management Consulting StratOp Group
Arthur D. Little Irbis Capital Ltd. Suade Labs
Aulysius Iroko Securities The Walt Disney Company
Barclays J.P. Morgan TowerBrook
BearingPoint Jellyfish Pictures UBS
Blackstone Johnson & Johnson vivo Communication Technology
BNP Paribas JP Morgan Chase Co. Ltd.
Boehringer-Ingelheim Jung von Matt YunFeng Capital
Boost Consulting KKR
Boston Consulting Group Kolleno
bp Konark Petroleum Pvt Ltd GMiM
Brahmaputra Infrastructure Ltd KPMG CPPIB
Brandes Investment Partners Kuwait Investment Authority Credit Suisse
Briarwood Partners Lakera D. E. Shaw
Broad Vision Funds LGT Capital Partners Enterprise Singapore
Cairneagle Associates M80 Partners General Atlantic
CASE Corporate Finance Matson Driscoll & Damico UK LLP Siemens
Cathay Financial Holdings Mazars ZS Associates
Centrium Capital McKinsey & Company
CICC MENA Moonshots
Clearstream Deutsche Börse Mihoyo Technology MiM and GMiM
CMB International Nationwide Building Society
Bain & Company
Credit Agricole Newfund
BofA Securities
Deutsche Bank Newton Europe
Citi Bank
Deutsche Borse Group OC&C Strategy Consultants
Goldman Sachs
Domo OCBC Bank
Kearney
Dyson Ocean Link
Morgan Stanley
Eastdil Secured Oliver Wyman
Efficio Pearson Ham
Essence Securities Pi Labs
Eurazeo PLIM
EY-Parthenon Procter & Gamble
Fide Partners PwC
Fidelity International Roland Berger Strategy Consultants
Founders Future Rothschild & Co.

London Business School MiM employment report 2023 Hiring companies 9

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

About the Career Centre

We want our students to develop skills, behaviours

and strategies to manage their careers proactively. 80%
of MiMs engaged with
Our Career Centre experts support students as
they shape their career goals. the Career Centre

Our comprehensive career support involves:

● Career coaching and advising. Coaches help you define

a direction and maintain focus on your goals. Our sector
180+
MiM careers-related
advisors provide sector-specific advice to deepen your workshops offered
own research and share market trends.

Career learning. A blended digital and in-person curriculum

3,660+
●
to move students’ career skills to the next level, to affect
career progression.
employers partnered
● Career opportunities. Access to a wide range of career with by LBS
and networking opportunities, including over 200 employer
events annually.

2,600+
job opportunities for Graduate
Masters students advertised
through LBS in 2022–23

Specialist coaches and career advisors

The Career Centre comprises 45 permanent staff, most of whom have real-world coaching and
commercial experience to help students achieve their career goals. Team members include:

Osman Haneff
Kira Hughes Daniel Lay
Institute of
Head of Graduate Head of Consulting
Entrepreneurship
Masters Careers Careers
and Private Capital

David Morris Richard Bland Alyona Segline

Head of Technology Head of Finance Head of Diversified
and Media Careers Careers Careers

London Business School MiM employment report 2023 Career Centre 10

 Introduction Masters in Management Global MiM Employers Career Centre Portfolio

Our programmes

London Business
London Business School
School can
can boost yourboost your
capabilities capabilities
and andstage
potential at every potential at every stage of your career.
of your career.

Years of experience 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20+

Graduate Masters

Masters in Management

Global Masters in Management

Masters in Analytics and Management

Masters in Financial Analysis

MBA/MiF

MBA

One-year MBA*

Masters in Finance (Full-time)

Masters in Finance (Part-time)

Leadership (Senior)

Executive MBA

EMBA-Global

LBS Sloan Masters

Executive Education

Range of work experience in class Key target range of work experience Average class work experience

* Available to those who have graduated three or more years ago with a Masters in Management or equivalent
approved by EQUIS and/or AACSB or from the University of London.

Graduate Masters Mid Career Leadership (Senior)

Masters in Management MBA Executive MBA
12–16 MONTHS | FULL-TIME | LONDON 15–21 MONTHS | FULL-TIME | LONDON 20 MONTHS | PART-TIME | LONDON OR DUBAI
For recent graduates with up to two For individuals who are looking to Designed for those who want to
years of full-time postgraduate work make a vertical shift in their career accelerate their career into general
experience who want to kick-start a path, change industry or job function, management or move beyond their
career in business. or develop an entrepreneurial toolkit. technical or functional specialism.

Global Masters in Management One-year MBA EMBA-Global

24 MONTHS | FULL-TIME | LONDON AND 11 MONTHS | FULL-TIME | LONDON 20 MONTHS | PART-TIME | LONDON AND
SHANGHAI NEW YORK
For professionals with a masters in
For recent graduates with up to two management looking to further their careers For dynamic, mid-career managers
years of full-time postgraduate work and take their entrepreneurial ideas further. and professionals who are highly
experience. Strong interest in Asia ambitious and have, or aspire to
and knowledge of Mandarin highly Masters in Finance (Full-time) have, transnational responsibilities.
recommended, but not mandatory. 10–16 MONTHS | FULL-TIME | LONDON
For experienced financial professionals LBS Sloan Masters in Leadership
Masters in Analytics and wishing to advance their career or and Strategy
Management change their area within finance. 12 MONTHS | FULL-TIME | LONDON
12–16 MONTHS | FULL-TIME | LONDON
Designed to prepare experienced
For recent graduates with up to two Masters in Finance (Part-time) senior managers for their next
years of postgraduate work experience, 22 MONTHS | PART-TIME | LONDON career challenge.
who are targeting a career in business For experienced financial professionals
and data analytics. looking to further their career while
Masters in Financial Analysis
still working. Find out more
12–16 MONTHS | FULL-TIME | LONDON
Masters Programmes
For recent graduates with up to two
+44 (0)20 7000 7500
years of full-time postgraduate work
masters@london.edu
experience who are looking to embark
on a career in finance.
Executive Education
+44 (0)20 7000 7390
execinfo@london.edu
All admissions decisions are taken in accordance with best equal opportunities practice.

London Business School MiM employment report 2023 Programme portfolio 11

London Business School
Regent’s Park
London NW1 4SA
United Kingdom
Tel: +44 (0)20 7000 7000
london.edu

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