In Europe, which boasts the highest hiring rate at 48%, post-MBA graduates command a median base salary of $162,577 with a median sign-on bonus of $32,600. The strong hiring rate in Europe could be attributed to the region's strong Finance & Consulting industries, and the presence of numerous multinational corporations and Consulting firms like McKinsey, BCG, and Bain & Company.
Moving to Asia, the hiring rate stands at 19.50% - the highest among T20 schools because of INSEAD’s presence in Asia through its Singapore campus. A marginally lower median base salary of $153,083 than the European counterparts and a higher median sign-on bonus of $36,194, equalized the offers in the two campuses to a large degree.
F1GMAT’s Research Insights – Singapore vs. France
Do keep in mind that the purchasing power is 5 points higher in Singapore than Paris, but the Cost of living in Singapore is 15 points higher than France. Considering these two factors, the offer in Europe is much more favorable for an INSEAD applicant open to both locations.
Despite the lower net compensation compared to Europe, Asia (esp. Singapore) offers ample opportunities for career growth, particularly in rapidly growing sectors such as Manufacturing, Technology, Finance, and Healthcare.
In North America, the hiring rate is substantially lower at 8.80% compared to the US-based T20 MBA schools, but compared to top UK schools, the hiring rate is lower than LBS (10%), Oxford (16%), and marginally higher than Cambridge (7%). Despite a lower hiring rate, post-MBA graduates enjoy the highest median base salary of $211,528 among all regions, accompanied by a median sign-on bonus of $34,117. The strong compensation package in North America reflects the region's status as a global economic powerhouse, with Finance, Technology, and Healthcare employers continuing to recruit INSEAD MBAs.
Latin America presents a different picture, with a lower hiring rate of 5.16% and a median base salary of $112,735, albeit with a significantly higher median sign-on bonus of $85,590.
Lastly, the Middle East/Africa region features a hiring rate of 18%, attributed to the INSEAD Abu Dhabi campus.
F1GMAT’s Research Insights – Middle East Placements & Salary
A median base salary of $197,436 is the second highest by regions, only behind North America. The median sign-on bonus of $65,416 is also second on the ranking – behind Latin America. The region's strategic location, burgeoning industries such as Energy, Finance, Manufacturing, and Infrastructure development, and growing emphasis on diversification contribute to its attractiveness for post-MBA graduates.
| By Location | % Hired | Median Base Salary (PPP) | Median Sign-On Bonus (PPP) |
| Europe | 48% | $162,577 (€ 109,600) | $45,984 (€ 32,600) |
| Asia | 19.5% | $153,083 (€ 103,200) | $36,194 (€ 24,400) |
| North America | 8.8% | $211,528 (€ 142,600) | $34,117 (€ 23,000) |
| Latin America | 5.16% | $112,735 (€ 76,000) | $85,590 (€ 57,700) |
| Middle East/Africa | 18% | $197,436 (€ 133,100 ) | $65,416 (€ 44,100) |
*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 2nd Part - INSEAD MBA Placements and Salary - By International Regions for 2023)
