I will teach you how to bring your life stories to essays faster with F1GMAT's essay guides. Download below or subscribe to F1GMAT's Service and work with me - Atul Jose, Author/Editor/Founding Consultant, F1GMAT(16 Years of helping applicants gain admissions to M7 and Top 30 schools) Finance emerged as a prominent choice, with 30% of graduates accepting offers in the industry overtaking several M7 and T20 US schools such as MIT, Kellogg, Duke, Haas, Tuck, Ross, and Yale.
Cambridge Judge MBA Salary: By Sector
Consulting was another popular industry, attracting 29% of Cambridge MBA graduates. Although Consulting hiring at Cambridge was more than that of Stanford (15%), Harvard (25%), and Haas (28%), it remained behind the T20 MBAs average of 40%. This trend is not a bad sign as distribution between Technology, Finance and Consulting is the best way to mitigate risks in the job market.
The Public Sector and NGO placement that is rare in a costly full-time MBA found 4% representation according to the 2023 Employment report from Cambridge MBAs – a rarity in a T20 school.
In the realm of Internet/Commerce, 8% of graduates found their footing.
The Technology sector, which captures other sub-sectors, accounted for 10% of hires, matching the hires by Columbia, Yale, Darden, and Cornell while remaining behind the MBAs with the legacy of strong Technology placements like Stanford (24%) and Haas (29%).
Consumer Products and FMCG (Fast Moving Consumer Goods) attracted 6% of graduates, proving Cambridge MBA to be a good option for CPG candidates, along with Kellogg (7%), Tuck (6%), and Duke (6%).
Lastly, the 'Other' category encompassed 13% of hires, reflecting the diverse array of industries and roles pursued by Cambridge MBA graduates – an entrepreneurial DNA of the university that is reflected in the full-time MBA program as well.
The average base salary or the median base salary for Cambridge post-MBA sectors for 2023 is not made public by the school. Only the overall average base salary is available, i.e., $121,903, whereas the average total salary offered is $161,007, which lags behind the average salary offered by other T20 schools (most in the US) by $14,000. This is expected given the salary trends in the UK and US. When considering purchasing power and the duration of the MBA program, the $161,008 total salary offers a competitive ROI.
| Sector | % Hired |
| Consulting | 29% |
| Finance | 30% |
| Public Sector| NGO | 4% |
| Internet/Commerce | 8% |
| Technology | 10% |
| Consumer Products| FMCG | 6% |
| Other | 13% |
Cambridge Judge MBA Salary: By Functions
Consultant roles emerged as the most sought-after function, comprising a substantial 33% of hires. Finance was another prominent domain, accounting for 23% of hires. The graduates found roles in Investment Banking, Corporate Finance, and Asset Management, playing integral roles in driving the numbers high in the function.
Corporate Planning and Strategy roles attracted 7% of Cambridge MBA graduates. Marketing and Sales functions constituted 6% of hires, reflecting the importance of Brand Management, Market Analysis, and Customer Engagement in driving business growth and profitability.
Operations, Project Management, and Program Management together constitute 11% of the total placements, while Product Management accounted for 6% of hires, underscoring the importance of operational efficiency and product innovation in the UK’s Technology, Healthcare, and Manufacturing industries.
Interestingly, ESG/CSR Management – a new and a unique function in a T20 MBA, had 3% representation, highlighting the importance of sustainable growth and profit as a key driver in UK (where most Cambridge MBAs were placed).
| Job Functions | % Hired |
| Business Development | 3% |
| Consultant | 33% |
| Corporate Planning| Strategy | 7% |
| Finance | 23% |
| General Management | 4% |
| Marketing| Sales | 6% |
| Operations | 6% |
| Other | 5% |
| Product Management | 5% |
| ESG/CSR Management | 3% |
| Programme Management | 2% |
| Project Management | 3% |
Cambridge Judge MBA Salary: By Job Location
68% of post-MBA graduates at Cambridge switched countries, out of which 80% switched to the UK.
Only 32% of the post-MBA graduates returned to their pre-MBA country – most likely in Finance, as it has been the trend in the industry.
The United Kingdom emerged as the top destination, with a significant 64% of graduates securing positions within the country despite upheaval in the visa structure.
East Asia and South-East Asia also featured prominently, accounting for 9% and 8% of hires, respectively.
With economic powerhouses like China, Japan, Singapore, and Hong Kong driving growth and innovation in the region, Cambridge MBA graduates found opportunities in industries ranging from Technology and Finance to Manufacturing and Consumer Goods.
Europe (excluding the UK), covering Paris, Frankfurt, and Zurich, constituted 6% of hires.
North America, comprising the United States and Canada, accounted for 7% of hires. The placements are likely to be candidates returning to their employers or industry in Investment Banking and other core banking roles in the region.
The Middle East & North Africa (1%), South Asia (2%), and Latin America & the Caribbean (3%) each represented smaller portions of hires. These graduates were placed in emerging markets like India and Brazil or in established business hubs like Dubai and Riyadh.
| Location | % Hired |
| United Kingdom | 64% |
| East Asia | 9% |
| South-East Asia | 8% |
| Europe (excl. UK) | 6% |
| North America | 7% |
| Middle East & North Africa | 1% |
| South Asia | 2% |
| Latin America & Caribbean | 3% |
Cambridge Judge MBA Salary: Top Employers
The top Employers at Cambridge MBA has all the familiar players – Amazon, Bain and Company, McKinsey, Microsoft, and Citi. The unique presence came from Indian tech giant – Infosys, Chinese dairy manufacturers Yili Group, German engineering giant Siemens and local FinTech player, Cambridge Centre for Alternative Finance.
Boutique Venture Capital and Technology firms also added to the diversity of the top employer list for 2023.
Among the top employers, Consulting firms stood out prominently.
The Technology sector also saw representation from Amazon Web Services, the cloud computing division of Amazon, and Floww, an emerging Technology company, offered roles at the intersection of Finance and Technology, allowing graduates to explore innovative Fintech solutions and platforms.
Overall, Consulting emerged as the sector with the highest number of top employers among the Cambridge Judge MBA Program's 2023 cohort.
| Cambridge Full-time MBA | Top Employers |
| Alvarez & Marsal | Infosys |
| Amazon | EY-Parthenon |
| Amazon Web Services | Floww |
| Bain & Company | Global Brain |
| Baringa | Yili Group |
| Cambridge Centre for Alternative Finance | Siemens |
| Citi | PwC |
| Moove | McKinsey & Company |
| Microsoft | Metyis |
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