Mba Employment Report
Mba Employment Report
employment
report
GRADUATING CLASS OF 2024
Introduction The figures Hiring companies Career Centre LBS programme portfolio
We are pleased to share that 86% of our MBA2024 graduates accepted job
offers within three months of graduation, a testament to their exceptional 86%
resilience and adaptability in an increasingly challenging global job market. accepted an offer
The current landscape is shaped by economic and geopolitical uncertainty,
within three months
which has prompted many employers to adopt more cautious hiring practices.
of graduation
The achievements of our MBA2024 class, however, underscore the enduring
value of a London Business School education.
87%
At LBS, we prepare students to navigate complexity and uncertainty, equipping
them with tools to understand and influence the uncontrollable dynamics of
markets, technology and culture. Through a rigorous focus on interpersonal skills
and technical expertise, our MBA empowers students to adapt, lead and thrive in received an offer
diverse and evolving environments. For many of our graduates, choosing to invest within three months
in themselves during an economic downturn proved to be a strategic decision — of graduation
allowing them to build in-demand skills and establish a lifelong support network.
What sets London Business School apart is our unwavering commitment to every
student’s career journey. With a 100% reporting rate, we prioritise the success of
every individual, offering lifelong career management skills that go far beyond the
22
first job post-MBA, and set the foundation for long-term career impact. graduates
As our MBA2024 graduates embark on their next chapters — spanning industries, went on to start their
geographies and entrepreneurial pursuits — we celebrate their achievements own business
and look forward to supporting them as they continue to make their mark on the
global stage.
100%
reporting rate
Zoe McLoughlin
Executive Director of Career Centre
London Business School
The employment rate is calculated in compliance with MBA Career Services and Employer Alliance (MBA CSEA) reporting standards. Students returning to their
sponsoring employer are not included in this rate.
London Business School MBA employment report 2024 Introduction from the Head of Career Centre 2
Introduction The figures Hiring companies Career Centre LBS programme portfolio
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
74 6 28
nationalities years of work average
experience age (years)
(average)
6% 2%
United Kingdom Central/Western Asia
16%
North America 4%
9% Oceania
Africa/Middle East
17% 16%
Latin America
(incl. Caribbean) South Asia
Our admissions decisions are taken in accordance with best equal opportunities practice.
Statistics are calculated based on the total number of graduates from the MBA2024 class.
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Sector destinations
% 2020 2021 2022 2023 2024 Sector breakdown 2024
100
40 38 37 45 42 CONSULTING 42%
FINANCE 26%
● Private Equity 8%
80
● Investment Banking 6%
● Investment Management 4%
● Venture Capital 3%
● Real Estate 2%
60 26 27
21 ● Central Banks/Ministries/Regulation 2%
26
26 Public Finance
● Finance — Other* 1%
40 TECHNOLOGY 21%
28 ● Information Technology 7%
26 29
21 ● Fintech 6%
21 ● Internet/E-Commerce 2%
● Climate Tech 1%
20
● Edtech1%
● Healthtech1%
11 10 8 11 ● Technology — Other** 3%
7
0 DIVERSIFIED 11%
●Industrials4%
●Consumer & Retail 3%
●Energy2%
●Healthcare1%
●Diversified — Other*** 1%
The sector destinations and top employer information above includes 87 sponsored students to best represent the choices our graduates make.
* Finance – Other: Services & Products, Insurance and Pension Services, Retail Banking.
** Technology – Other: Media – Publishing, Mobility, Telecommunications, Foodtech, Proptech.
*** Diversified – Other: Law/Legal Services, Education/Training, Government, Social Impact, Sports.
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Job location
9%
Europe (excl. UK)
45% 12%
Asia
United Kingdom
2%
10% Oceania
North America
14%
Africa/Middle East
8%
Latin America
(incl. Caribbean)
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Career switchers
Location switchers
UK: 15%
UK: 45%
Asia: 26%
Europe: 9%
North America:
16%
Oceania: 4% Oceania: 2%
Sector switchers
Consulting: 26%
Consulting: 42%
Finance: 27%
Finance: 26%
Technology: 14%
Technology: 21%
Diversified: 33%
Diversified: 11%
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Industry Mean Max Min Mean Max Min Mean Max Min
OVERALL £92,228 £192,000 £24,000 $116,465 $243,456 $30,576 $163,883 $589,649 $36,858
Other compensation £42,124 £300,000 £1,184 $52,981 $383,865 $1,500 $77,849 $466,312 $3,063
CONSULTING £99,866 £192,000 £32,159 $125,064 $243,456 $40,818 $190,531 $589,649 $62,440
Other compensation £47,930 £121,550 £5,000 $59,969 $147,998 $6,475 $99,413 $466,312 $7,805
FINANCE £92,758 £172,000 £24,000 $117,760 $210,750 $30,576 $154,817 $410,298 $36,858
Other compensation £52,923 £300,000 £2,800 $67,057 $383,865 $3,575 $85,700 $462,730 $4,310
Private Equity £79,560 £125,000 £32,000 $100,726 $153,958 $40,858 $145,010 $256,819 $49,252
Other compensation £54,034 £125,000 £2,800 $68,461 $153,958 $3,575 $89,102 $185,589 $4,310
Investment Banking £102,260 £172,000 £28,755 $129,007 $210,750 $36,576 $165,970 $410,298 $94,533
Other compensation £48,269 £83,000 £7,189 $60,728 $103,608 $9,144 $75,744 $124,894 $17,904
Investment Management £109,902 £156,584 £24,000 $139,485 $198,516 $30,576 $174,067 $386,479 $36,858
Other compensation £78,321 £300,000 £10,000 $99,558 $383,865 $12,686 $123,156 $462,730 $15,292
Venture Capital £92,722 £132,500 £65,000 $120,051 $173,511 $85,252 $145,097 $209,158 $102,767
Other compensation £24,450 £39,750 £20,000 $31,619 $52,053 $25,404 $38,115 $62,748 $30,623
Real Estate £90,675 £119,675 £66,812 $114,724 $150,000 $85,020 $148,274 $165,554 $120,929
Other compensation £24,644 £45,000 £13,919 $31,116 $56,429 $17,713 $43,672 $68,022 $28,502
Finance – Other 1 £77,595 £98,456 £54,218 $98,618 $124,960 $70,454 $152,358 $236,065 $94,389
Other compensation £42,858 £68,500 £9,000 $54,105 $86,056 $11,459 $85,537 $139,063 $13,813
TECHNOLOGY £80,180 £161,672 £25,750 $102,129 $211,293 $33,620 $136,339 $391,997 $40,528
Other compensation £23,215 £75,710 £1,184 $29,405 $96,000 $1,500 $35,320 $96,000 $3,063
Fintech £76,328 £102,564 £44,490 $96,839 $130,800 $58,909 $121,893 $207,156 $91,598
Other compensation £21,125 £45,000 £2,000 $26,790 $57,016 $2,541 $33,148 $68,730 $3,063
Information Technology £93,994 £161,672 £60,000 $119,392 $205,000 $79,447 $135,906 $205,000 $95,769
Other compensation £31,051 £75,710 £5,000 $39,228 $96,000 $6,384 $43,754 $96,000 $7,696
Internet/E-Commerce £62,633 £88,000 £30,000 $81,035 $114,140 $39,309 $103,821 $137,590 $58,330
Other compensation £9,922 £14,800 £4,890 $12,784 $18,799 $6,449 $16,969 $22,661 $10,362
Healthtech £58,945 £82,000 £36,000 $74,801 $104,265 $45,623 $166,184 $244,909 $107,738
Other compensation*** - - - - - - - - -
Edtech £59,959 £75,000 £37,877 $76,969 $97,716 $48,000 $129,424 $167,786 $102,695
Other compensation*** - - - - - - - - -
Technology – Other 2 £72,192 £160,000 £8,200 $93,261 $211,293 $10,238 $125,685 $254,703 $12,341
Other compensation £62,319 £112,700 £25,750 $79,416 $140,000 $33,620 $196,226 $391,997 $40,528
DIVERSIFIED £90,318 £155,000 £45,000 $114,492 $207,226 $59,498 $147,381 $261,210 $71,722
Other compensation £27,826 £69,438 £2,240 $34,876 $86,750 $2,853 $43,738 $111,003 $4,519
Consumer & Retail £76,734 £121,516 £45,000 $97,131 $148,214 $59,498 $143,303 $261,210 $71,722
Other compensation £24,512 £69,438 £4,500 $30,730 $84,693 $5,950 $43,291 $111,003 $7,172
Industrials £95,952 £133,811 £64,000 $121,776 $170,000 $81,517 $151,464 $181,033 $111,255
Other compensation £22,659 £46,598 £2,240 $28,753 $59,153 $2,853 $34,335 $73,596 $4,519
Healthcare £97,248 £115,000 £77,135 $120,621 $145,719 $97,472 $135,614 $175,657 $105,464
Other compensation £37,704 £59,250 £17,998 $46,469 $72,652 $22,743 $52,489 $87,578 $24,608
Diversified – Other 3
£102,462 £155,000 £50,000 $132,098 $207,226 $62,426 $159,238 $249,800 $75,251
Other compensation*** - - - - - - - - -
* Conversion rates as per date of offer. Technology – Other: Climate Tech, Mobility, Telecommunications, Proptech.
1
London Business School MBA employment report 2024 Salary information by industry 7
Introduction The figures Hiring companies Career Centre LBS programme portfolio
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Location Mean Max Min Mean Max Min Mean Max Min
Africa £110,526 £168,524 £46,168 $137,426 $204,881 $60,000 $248,605 $589,649 $95,026
Other compensation £60,976 £121,550 £2,240 $75,605 $147,998 $2,853 $140,595 $466,312 $4,519
Asia £68,494 £165,795 £28,755 $86,851 $210,750 $36,576 $210,409 $410,298 $58,330
Other compensation £27,629 £68,537 £1,184 $34,967 $86,890 $1,500 $80,122 $191,969 $5,243
Europe £84,130 £135,000 £48,900 $106,243 $171,732 $64,489 $147,387 $224,573 $94,533
Other compensation £33,280 £70,000 £4,890 $41,802 $89,046 $6,449 $58,649 $116,445 $10,362
Latin America
£76,680 £127,068 £55,720 $96,898 $161,924 $72,750 $204,923 $314,453 $133,743
incl. Caribbean
Other compensation £49,776 £92,160 £4,643 $62,562 $116,840 $6,063 $138,353 $360,711 $11,145
North America £131,741 £192,000 £77,780 $165,894 $243,456 $100,000 $167,555 $243,456 $100,000
Other compensation £46,576 £97,898 £21,561 $58,679 $125,000 $26,063 $59,058 $125,000 $30,072
Oceania £91,059 £103,099 £77,135 $115,906 $131,889 $97,472 $125,409 $142,703 $105,464
Other compensation £26,202 £40,191 £17,998 $33,347 $51,182 $22,743 $36,081 $55,378 $24,608
Other compensation £39,653 £300,000 £2,000 $50,130 $383,865 $3,541 $60,429 $462,730 $3,063
83% 33%
of students who accepted salary increase on
an offer received other average among the
compensation/bonuses MBA2024 class***
London Business School MBA employment report 2024 Salary information by location 8
Introduction The figures Hiring companies Career Centre LBS programme portfolio
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Entrepreneurs
Many of our MBA students arrive with an aspiration to create their own venture but few know how to do so. We offer a range
of opportunities for our MBA students that cater specifically to established and aspiring entrepreneurs, including the
Entrepreneurship Summer School, the LBS Incubator programme to help promising entrepreneurs launch their business
venture, and many targeted elective courses specialising in entrepreneurship, including The Entrepreneurship Lab. To find out
more about what we offer, visit london.edu/masters-degrees/entrepreneurship-at-lbs
Location breakdown
% 2023 % 2022
2022 2023 2024
0 100 4
4 FINANCE12%
12
21 15 21 ● Investment Management 6%
15
● Private Equity 6%
0 80
TECHNOLOGY32%
32 ● Information Technology 26%
● Edtech 6%
0 35 60 44 35
44 DIVERSIFIED 56%
● Industrials 20%
● Energy 12%
0 40 ● Consumer & Retail 6%
● Social Impact 6%
● Other 12%
56
44 44
0 20 37
37
Statistics are derived from the 22 students who reported starting a business or being self-employed. Location and sector data reflect information provided by students who
disclosed details about these categories.
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Class profile Sector destinations Top employers and weekly compensation Locations
Regional background
10% 17%
Europe (excl. UK) South East/East Asia
1%
7% Central/Western Asia
United Kingdom
18%
North America 16% 4%
10% South Asia Oceania
Africa/Middle East
17%
Latin America
(incl. Caribbean)
Our admissions decisions are taken in accordance with best equal opportunities practice.
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Class profile Sector destinations Top employers and weekly compensation Locations
Sector destinations
%
100
2021
14
2022
14
2023
15
2024
18
2025
15
FINANCE33%
● Private Equity 12%
96%
● Venture Capital 7% of students seeking
80
29 29 32 33
● Investment Management 6% internships
28 ● Investment Banking 5%
● Finance – Other* 3%
accepted an offer
TECHNOLOGY 39%
60 ● Information Technology 12%
44 47
44
42
39
● Fintech
● Internet/E-Commerce
6%
6%
97%
● Healthtech 5% reporting rate
40
● Climate Tech 3%
● Media 2%
● Proptech 2%
20 ● Technology – Other** 3%
DIVERSIFIED 13%
13 12 13
10 9 ● Consumer & Retail 4%
0 ● Healthcare 3%
● Industrials 2%
● Social Impact 2%
● Energy 1%
● Diversified – Other*** 1%
The data was calculated in compliance with MBA Career Services and Employer Alliance (MBA CSEA) reporting standards.
* Finance – Other: Central Banks/Ministries/Regulation/Public Finance, Real Estate, Services & Products.
** Technology – Other: Edtech, Mobility, Telecommunications, Electronics, Foodtech, Incubators/Accelerators.
*** Diversified – Other: Government, Law/Legal Services, Leisure/Travel/Tourism, Sports.
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Class profile Sector destinations Top employers and weekly compensation Locations
OVERALL £1,119 £3,750 £39 $1,417 $4,785 $50 $1,890 $6,705 $154
CONSULTING £1,689 £2,868 £432 $2,140 $3,635 $552 $3,021 $6,658 $707
FINANCE £1,205 £3,750 £75 $1,525 $4,785 $95 $2,031 $6,705 $154
TECHNOLOGY £839 £2,308 £115 $1,063 $2,953 $146 $1,321 $3,765 $176
DIVERSIFIED £818 £2,308 £39 $1,036 $2,935 $50 $1,391 $3,878 $163
London Business School MBA employment report 2024 Top employers and weekly compensation 12
Introduction The figures Hiring companies Career Centre LBS programme portfolio
Class profile Sector destinations Job location Career switchers Salary information Entrepreneurs Internships
Class profile Sector destinations Top employers and weekly compensation Locations
Locations
7%
Europe (excl. UK)
72% 8%
United Kingdom Asia
5%
North America
5%
Africa/Middle East
3%
Latin America
(incl. Caribbean)
London Business School MBA employment report 2024 Hiring companies (full-time and internship) 14
Introduction The figures Hiring companies Career Centre LBS programme portfolio
● Farnam Entrepreneurial
● Tifosy ● United Agents
● Top Tier Capital Partners ● Verizon
Succession
● Fidelity International
● Trium Capital ● Virtual Internships
● Fidelity Investments
● Wells Fargo ● Zen Locum
● Fossar Investment Bank
● Zouk Capital ● Zomato
● Future Business
Partnership
510
companies hired MBA2024 students
for full-time and internship positions
London Business School MBA employment report 2024 Hiring companies (full-time only) 15
Introduction The figures Hiring companies Career Centre LBS programme portfolio
London Business School MBA employment report 2024 Hiring companies (internship only) 16
Introduction The figures Hiring companies Career Centre LBS programme portfolio
3,660+
employers partnered
“The LBS Career Centre was
with LBS
instrumental in helping me navigate
my career journey. Their tailored
guidance on case preparation and
interview strategy, along with the
opportunities to connect with leading
employers like BCG, ensured that I was
2,940+
job opportunities for MBAs
well-prepared to secure my ideal role.” advertised through LBS
in 2023–24
Claire Pflüger MBA2024
Consultant, Boston Consulting Group (BCG)
The Career Centre comprises 45 permanent staff, most of whom have real-world coaching and
commercial experience to help students achieve their career goals. Team members include:
Richard Bland
Anne Alaoui Gerry Jennings
Head of Finance
Head of Mid Careers MBA Career Lead
Careers
Our programmes
London Business
London Business School
School can
can boost yourboost your
capabilities capabilities
and andstage
potential at every potential at every stage of your career.
of your career.
Graduate Masters
Masters in Management
MBA/MiF
MBA
One-year MBA*
Leadership (Senior)
Executive MBA
EMBA-Global
Executive Education
Range of work experience in class Key target range of work experience Average class work experience
* Available to those who graduated three or more years ago with a Masters in Management or equivalent approved by
EQUIS and/or AACSB or from the University of London.
london.edu/mba
13517