In the Consulting industry, INSEAD commands a hiring rate of 58.80% - the highest among all the T20 schools.
Post-MBA graduates enjoy a median base salary of $167,917 along with a substantial median sign-on bonus of $42,275. INSEAD MBA, along with Yale (54%) are the only two MBAs to cross the 50% mark for Consulting hiring.
Finance represents another significant industry for INSEAD graduates, with a hiring rate of 15% and a median base salary of $145,963, accompanied by a sign-on bonus of $49,544.
F1GMAT’s Research Insights – Finance offers at INSEAD
INSEAD graduates are often recruited by Investment Banks, Asset Management firms, and Financial Institutions to manage portfolios, conduct market research, and advise clients on strategic financial decisions.
In the diversified/corporate sector, which encompasses a range of industries, including Manufacturing, Retail, and Consumer Goods, the hiring rate is 16%, with a median base salary of $148,781 and a median sign-on bonus of $28,295 – right at the range of T20 offers in Retail and Consumer Goods.
In the Technology sector, which includes IT, Internet, and E-Commerce companies, the hiring rate stands at 9.25% - the lowest among the T20 schools, with a median base salary of $146,259 and a median sign-on bonus of $41,385
| Industry | % Hired | Median Base Salary (PPP) | Median Sign-On Bonus (PPP) |
| Consulting | 58.8% | $167,917 (€ 113,200) | $42,275 (€ 28,500) |
| Technology (IT/Internet/eCommerce) | 9.25% | $146,259 (€ 98,600) | $41,385 (€ 27,900) |
| Finance | 15% | $145,963 (€ 98,400) | $49,544 (€ 33,400) |
| Diversified/Corporate | 16% | $148,781 (€ 100,300) | $28,925 (€ 19,500) |
*PPP Conversion rate: 1 Euro=1.48 USD
*Salary in Bracket denotes the median salary in Euro
INSEAD MBA Salary: By sub-sectors
In the Consulting sector, which boasts the highest hiring rate at 58.80%, INSEAD graduates command a median base salary of $167,917 and a substantial median sign-on bonus of $42,275, making them sought-after candidates for roles in Management Consulting, Strategy, and Organizational Development.
This hiring rate ranks highest among all the T20 schools.
Finance represents another significant sector for INSEAD graduates, with a hiring rate of 15%. Despite being the lowest among the T20 schools in terms of hiring rate, the median base salary of $145,963, accompanied by a sign-on bonus of $49,544 takes the total closer to the $200,000 benchmark.
Within Finance, specialized areas such as Investment banking, with a hiring rate of 3.20%, offer a higher median base salary of $192,541 and a substantial sign-on bonus of $57,851. Similarly, Investment Management offers a median base salary of $179,635 and a sign-on bonus of $45,687.
On the one hand, where the Investment Banking hiring rate stands lowest among T20 schools, the hiring rate for Investment Management is close to the other four T20 schools (Booth, MIT, Tuck, and Yale).
Private Equity and Venture Capital firms, with a combined hiring rate of 5.50%, offer a median base salary of $140,919 and a sign-on bonus of $29,667.
F1GMAT’s Research Insights – Merging PE and VC Offers
Whenever schools merge PE and VC offers, it is almost certainly from a higher VC representation. PE salaries tend to be the highest – often matching IB compensation. For INSEAD, the difference between PE/VC and IB is a whopping $50,000, clearly indicating the dominance of VC offers. Venture Capital offers tend to be on the lower side even in a booming market. Do note that the VC industry had one of the worst years in 2023. Read VC MBA Hiring and Placement Trends
The emerging sector of Financial Technology (FinTech) showcases a hiring rate of 2%, with a median base salary of $159,758. FinTech is another growing sector, showing positive placements, especially in European MBAs - INSEAD (2%) and LBS (5%).
The Consumer Retail sector, with a 3% hiring rate, offers INSEAD graduates opportunities in retail management and marketing roles. With a median base salary of $149,226 and a median sign-on bonus of $24,623, the total compensation falls in the middle for T20 MBA programs.
In Healthcare, which boasts a 3.20% hiring rate, INSEAD graduates contribute to strategic initiatives and innovation in Healthcare Delivery, Pharmaceuticals, and Medical Technology. With a median base salary of $163,170 and a median sign-on bonus of $29,667, the sector values MBA graduates for their ability to drive positive change and address complex healthcare challenges.
The Energy sector, with a 2% hiring rate, hired mostly from the Abu Dhabi campus for placement in the Middle East Region. While sign-on bonuses are not specified, INSEAD graduates entering this sector command a median base salary of $176,224.
Similarly, Manufacturing, with a 4% hiring rate, gets the majority of placements from Singapore and Abu Dhabi campuses and presents opportunities in Operations Management, Supply Chain, and Business Development across industries such as Automotive and Consumer goods with a median base salary of $141,661 and a median sign-on bonus of $42,869.
With close to 5% hiring placement in manufacturing – INSEAD is an outlier for the placement trends in the industry.
| Industries | % Hired | Median Base Salary (PPP) | Median Sign-On Bonus (PPP) |
| Consulting | 58.8% | $167,917 (€ 113,200) | $42,275 (€ 28,500) |
| Finance (Total) | 15% | $145,963 (€ 98,400) | $49,544 (€ 33,400) |
| Investment Banking | 3.2% | $192,541 (€ 129,800) | $57,851 (€ 39,000) |
| Private Equity / Venture Capital | 5.5% | $140,919 (€ 95,000) | $29,667 (€ 20,000) |
| Investment Management | 3% | $179,635 (€ 121,100) | $45,687 (€ 30,800) |
| FinTech | 2% | $159,758 (€ 107,700) | NA |
| Consumer Retail | 3% | $149,226 (€ 100,600) | $24,623 (€ 16,600) |
| Healthcare | 3.2% | $163,170 (€ 110,000) | $29,667 (€ 20,000) |
| Energy | 2% | $176,224 (€ 118,800) | NA |
| Manufacturing | 4% | $141,661 (€ 95,500) | $42,869 (€ 28,900) |
*PPP Conversion rate: 1 Euro=1.48 USD
*Salary in Bracket denotes the median salary in Euro
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3-Part Series: INSEAD MBA Salary and Placements 2023 (You are reading the 1st Part of the INSEAD MBA Salary and Placements - By Industry for 2023)
