Hi 98616
The school has a policy not to disclose the salary details for the placements. I'm not aware of the data given at FT rankings as such so I cannot comment on the same. But based on what I have heard almost 80-90% students from the last year's batch (batch that graduated in 2011) had offers within 3 months of graduation. Few students who did not have jobs were the ones who were looking for very specific roles or were having more years of experience and so were looking for senior roles in the industry.
Almost everyone is placed from that batch and next batch students are already in process of applications for jobs but there is no concrete data so far. I think you might have to wait for that data to come up sometime in future.
Hope this helps
Cheers
Gaurav
Hi 98616
In continuation to my message on your query I would like to add few things again.
First of all the school is going to disclose the salary information this year and you will see the report by the end of this week or early next week on our portal i.e.
MBA which will have much more details on employment and salary packages. Hope that shall help you.
Moreover I have few facts here to share regarding the employment and salary statistics for you (the same shall be reflecting in the upcoming report soon)
- 79% switched job function after MBA
- 88% work in Asia after MBA
- 92% accepted job offer within 3 months after graduation
Mean base annual salary in Hong Kong dollars according to number of pre-MBA work experience
o 2-4 years: 593,776
o 4-6 years: 622,840
o 6-8 years: 703,200
o 8-10 years: 830,000
o 10 years or more: 857,500
o Highest base annual salary: 1,420,000
The report will have the detailed breakdown of the job industry and function, as well as the updated employer list and internship placement report.
Additionally I would like to address your concern on the FT rankings data which you had mentioned.
The 69% rate of placement within 3 months of graduation in the last financial times ranking (which is for the class in intake 2008, graduating in 2010), it is related to the relatively stagnant job market when Asia still suffered from the aftermath of the global financial crisis. The career performance has been picking up in 2010 and 2011, which accounts for the >90% rate for graduates this year.
So you can actually consider the FT rankings data as one of those years where global economy was in mess and the data does not reflect the actual scenario. Moreover the new report shall help you to get more details on the employment side as FT data is old.
Hope this helps. Good luck with your applications.
Cheers
Gaurav