In the final part of the four part series, we cover the top employer trends at Oxford MBA.
With a hiring rate of 16% and an average salary of $167,345, North America emerged as an attractive destination for Oxford MBA graduates, and it stands as the European school with the highest placements in North America. The offers are comparable to the T10 to T20 US schools.
The region boasts a diverse range of industries, including Technology, Finance, and Healthcare, contributing to its robust job market. Major cities like New York and San Francisco are renowned for their Financial Services and Tech sectors, offering lucrative career opportunities for MBA professionals.
The UK stands out with a high hiring rate of 55% and a median base salary of $119,641, reflecting its status as a prominent hub for Consulting and Finance. While the $120,000 seems less than lucrative compared to Top US school’s $150,000 and above median, a PPP conversion shows an equivalent of $183,778 –similar to the offers that M7 schools in the US provide.
London renowned for its Financial Services industry, with leading banks, investment firms, and consulting companies is driving most of the recruitment efforts in the UK. Additionally, sectors such as Technology, Healthcare, and Education contribute to the region's vibrant job market.
With a hiring rate of 9% and a median base salary of $114,263, Europe offers a diverse array of career opportunities for MBA graduates. Cities like Frankfurt, Zurich, and Paris are known for their strong finance sectors, attracting talent from across the globe. The region also boasts thriving industries in Manufacturing, Pharmaceuticals, and Hospitality, contributing to its employment landscape.
Asia presents promising prospects for Oxford MBA graduates, with a hiring rate of 10% and a median base salary of $104,766. Singapore, Hong Kong, and Shanghai serve as key financial centers, offering opportunities in Banking, Consulting, and Technology.
With a hiring rate of 3% and a median base salary of $106,308, Latin America & the Caribbean offer a blend of opportunities in Finance, Tourism, and Telecommunications. Cities like São Paulo, Mexico City, and Buenos Aires are known for their emerging startup ecosystems, attracting MBA talent seeking diverse career paths.
Africa, with a hiring rate of 3% and a median base salary of $124,166, presents opportunities in sectors like Energy, Infrastructure, and Telecommunications. Major cities such as Johannesburg, Nairobi, and Lagos serve as regional hubs for Business and Finance, offering avenues for MBA graduates to contribute to the continent's economic growth and development.
MENA, with a hiring rate of 3% and a median base salary of $167,189, is known for its thriving industries in Finance and Real Estate while still leveraging the last-mile push in the Oil & Gas industry before industries transition to renewable. Cities like Dubai, Abu Dhabi, and Riyadh offer lucrative opportunities in Banking, Consulting, and Technology.
The $160,000 and above salary is a clear incentive that is likely to push the 3% representation in the years when the economy transitions away from O&G.
| Job Location | % Hired | Average Salary |
| North America | 16% | $167,345 |
| UK | 55% | $119,641 |
| Europe | 9% | $114,263 |
| Asia | 10% | $104,766 |
| Latin America & Caribbean | 3% | $106,308 |
| Africa | 3% | $124166 |
| MENA | 3% | $167189 |
| Oceania | 1% | NA |
Next Reading
- Oxford Post-MBA Salary and Placements - By Industry (2023 Graduating Class)
- Oxford Post-MBA Salary and Placements - By Function (2023 Graduating Class)
- Oxford Post-MBA Salary and Placements - By Location (2023 Graduating Class)
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