MSc
EMPLOYMENT REPORT 2019
MASTER OF SCIENCE PROGRAMS
The fourth industrial revolution, or “Industry 4.0”, in which digitalization and globalization are nurturing change at a pace never previously seen, requires specialist skills to be supplemented by holistic insights and a capacity for adaptation. These will be key success factors for anyone in the professional world in the 2020s and onward. Additionally, innovative solutions to complex challenges will come from close teamwork across different areas of expertise, telling us that relationship building is another key skill.
As corporate partner to SSE, Deloitte is involved in several activities, most prominently the SSE Business Lab, where a few chosen start-ups get our advice on running a business, and the Finance Transformation Lab, where students work on a case in shaping the finance function of the future.
Constant collaboration with corporate partners, state-of-the-art program content and the recent establishment of Global Challenges, underpins the clear ambition to have students apply their knowledge in practice and prepare them for the requirements faced when embarking on their professional journeys.
Graduates from SSE are strong representatives of the Millennial generation, with high expectations of their future employers’
ability to offer a challenging and rewarding career, while, to an equivalent extent, expecting no compromise in areas such as ethics and sustainability. Their education from SSE, high level of ambition and strong will to make substantial investments in their careers, will make them extraordinarily well prepared to contribute to organizations in the era of Industry 4.0.
Anna Pontén, Partner, Human Resources and Talent, Deloitte
INTRODUCTION
GRADUATE PROFILE
In 2018, 261 students graduated from SSE´s Master programs. They included 60 percent men and 40 percent women.
Median age at graduation was 25. In total 26 different nationalities were represented.
NATIONALITIES REPRESENTED IN THE MASTER COHORT GRADUATING IN 2018
American, Austrian, Bosnian, Bulgarian, Chinese, Croatian, Czech, Danish, Estonian, Finnish, French, German, Hungarian, Iranian, Italian, Latvian, Lithuanian, Luxembourgish, Moldovan, Norwegian,
Polish, Russian, Spanish, Swedish, Swiss and Ukrainian
40% AGE 25 60%
INTRODUCTION
The average total compensation of Master
graduates one year after completing their studies was 55 276 USD*
(500 565 SEK).
* The SEK/USD exchange rate used is from the International Monetary Fund
USD/SEK = 9.0556 (avg. rate 2018).
AVERAGE SALARY
GRADUATES HIRED QUICKLY
94 percent found employment within 94%
three months of completing their studies.*
77 percent found positions before they completed their studies.
*The remaining 6 percent include those who chose not to look for a job immediately after graduation.
ALUMNI WORKING ALL OVER THE WORLD
For SSE Master graduates Sweden, Germany, and the United Kingdom were the most popular employment destinations.
42 percent of the graduates started their careers outside of Sweden.
COUNTRIES REPRESENTED AMONG WORK LOCATIONS OF MSc 2018 ALUMNI
Austria, Belgium, China, Czech Republic, Denmark, Finland, Germany, Ireland, Italy, Lithuania, Luxembourg, The Netherlands, Nigeria, Norway, Spain, Switzerland, Ukraine, UK, USA
NATIONALITY AND DESTINATION
Most Swedes decide to pursue their careers in Sweden. Most graduates of other nationalities started their careers abroad.
SWEDISH 2018 GRADUATES WORKING IN SWEDEN 86% (14% located outside of Sweden).
INTERNATIONAL 2018 GRADUATES WORKING IN SWEDEN
27% (73% located outside of Sweden).
53 PERCENT OF MSC 2018 ALUMNI ARE WORKING IN 31 SSE CORPORATE PARTNER COMPANIES*
FIRST-TIME EMPLOYERS
ACCENTURE
ABG SUNDAL COLLIER A.T. KEARNEY BAIN & COMPANY
BANK OF AMERICA MERRILL LYNCH BOSTON CONSULTING GROUP CITIGROUP
DANSKE BANK DELOITTE
EF EDUCATION FIRST E.ON
ERICSSON EY FACEBOOK GARTNER GOLDMAN SACHS GRANT THORNTON H&M
HANDELSBANKEN JKL
KPMG
McKINSEY & COMPANY
NORDEA NOVO NORDISK P&G
PWC SALESFORCE SCANIA SEB
SÖDERBERG & PARTNERS TRITON ADVISERS
*SSE HAS MORE THAN 110 CORPORATE PARTNERS
EXAMPLES OF OTHER EMPLOYERS
BUSINESS SWEDEN CAPGEMINI
EUROPEAN CENTRAL BANK HSBC
HUAWEI INFLUENCE
J.P. MORGAN KLARNA
MTR
PARETO SECURITIES ROLAND BERGER
SCHIBSTED SIMON-KUCHER &
PARTNERS SPOTIFY
SWEDISH CHAMBER OF COMMERCE SWEDISH HOUSE OF FINANCE
1 % Consumer Products
CHOICE OF SECTOR
40 % Consultancy 6 % Public Sector/
Non-profit organization 29 % Finance
2 % Transport/Logistics
2 % Retail/Consumer Products
2 % Real Estate 2 % Media/Marketing
10 % IT/Telecom
6 % Other
CHOICE OF SECTOR PROGRAM PORTFOLIO
MASTER OF SCIENCE PROGRAMS
(2 YEARS)
International Business Finance Business & Management
Economics Accounting, Valuation &
Financial Management MASTER OF SCIENCE PROGRAMS
PROGRAMS OFFERED AT SSE
DOCTORAL PROGRAMS (5 YEARS)
MBA EXECUTIVE FORMAT (18 MONTHS) BACHELOR OF
SCIENCE PROGRAMS (3 YEARS)
Business & Economics Retail Management
Business Administration Economics
Finance
EXECUTIVE EDUCATION MASTER OF SCIENCE PROGRAMS
WHAT EMPLOYERS THINK
“We highly value the experience and skills SSE students bring with them. We also appreciate very much the enthusiasm among the students to continuously develop and learn more across a broad range of areas.”
Sara Bernow SSE Alumnus and Partner McKinsey & Company
“Goldman Sachs has recruited from SSE for almost three decades, which is testimony to the quality of the School’s students. SSE graduates are not only highly educated, they also actively drive change with a creative approach and show engagement and responsibility on a broader scale.”
Magnus Haderberg Managing Director Goldman Sachs
“When we meet SSE students in projects and as interns, our experience is that they are well- prepared, engaged and able to contribute to our operations even when spending a limited period with our company.
Through our collaboration with SSE, we gain access to top-level talent.”
Liselotte Duthu Vice President Group Controller, Atlas Copco
“SSE offers a truly rich learning environment that has helped me build a solid foundation as a generalist. The mix of experiences and perspectives from my fellow students helped me deepen my understanding of a wide variety of sectors, even before I had graduated.”
Mala Chakraborti Senior Advisor at
Ericsson Garage in Stockholm, Sweden
“My master degree in International Business really prepared me for a career in which it is very important to frequently adapt to changing environments and team settings. What I learned with and from my fellow students during team case studies was of great help to me when I started to work for BCG.”
Anna-Lisa Heinz
Associate at the Boston Consulting Group in Frankfurt, Germany
“I am thankful for my education at SSE because it revealed my strengths and interests within finance, and provided me with the necessary qualifications and brand name to pursue those interests professionally.”
Daniil Bargman
Investment Strategist UBS in London, UK
WHAT ALUMNI THINK
STOCKHOLM SCHOOL OF ECONOMICS
The Stockholm School of Economics is rated as a top business school in the Nordic and Baltic countries and enjoys a strong international reputation. World-class research forms the foundation of our educational offering, which includes bachelor, master, PhD, MBA, and Executive Education programs. Our programs are developed in close cooperation with the business and research communities, providing graduates substantial potential to attain leading positions in companies and other organizations. The School is accredited by EQUIS, certifying that all of its principal activities – teaching as well as research – maintain the highest international standards. The Stockholm School of Economics is also the only Swedish member institution of CEMS and PIM, which are collaborations between top business schools worldwide, contributing to the level of quality for which our school is known.
Stockholm School of Economics ∙ Box 6501 ∙ SE-113 83 Stockholm, Sweden Phone: +46 8 736 90 00 ∙ info@hhs.se ∙ www.hhs.se
Photos: Juliana Wiklund.
