MSc
MASTER OF SCIENCE PROGRAMSEMPLOYMENT
REPORT 2020
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.
INTRODUCTION
Anna Pontén Partner, Human Resources and Talent, Deloitte
GRADUATE PROFILE
In 2019, 295 students graduated from SSE´s Master programs. They included 53 percent men and 47 percent women.
Median age at graduation was 25. In total 36 different nationalities were represented.
NATIONALITIES REPRESENTED IN THE MASTER COHORT GRADUATING IN 2019
American, Austrian, Belgian, Bosnian, British, Chinese, Colombian, Croatian, Czech, Danish, Dutch, Egyptian, Estonian, Finnish, French, German, Indian, Iranian, Italian, Jordanian, Kazak, Latvian, Lithuanian, Norwegian, Paraguayan, Polish, Portuguese, Romanian, Russian, Singaporean, Slovakian, Spanish, Swedish, Swiss, Taiwanese, Thai, Turkish, Vietnamese .
47 % AGE 25 53 %
INTRODUCTION
The average total compensation of Master graduates one year after
completing their studies was 55 795 USD*
(538 505 SEK).
* The SEK/USD exchange rate used is from the International Monetary Fund USD/SEK = 9.6515 (avg. rate 2019/2020).
AVERAGE SALARY
GRADUATES HIRED QUICKLY
92 % 92 percent found employment within three months of completing their studies.*
76 percent found positions before they completed their studies.
*The remaining 8 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.
43 percent of the graduates started their careers outside of Sweden.
COUNTRIES REPRESENTED AMONG WORK LOCATIONS OF MSc 2019 ALUMNI
Austria, China, Denmark, Finland, France, Germany, Ireland, Italy, Kazakhstan, The Netherlands, Norway, Qatar, South Africa, Sweden, Switzerland, Thailand, United Kingdom, USA
NATIONALITY AND DESTINATION Most Swedes decide to pursue their careers in Sweden. Most graduates of other nationalities started their careers abroad.
SWEDISH 2019 GRADUATES WORKING IN SWEDEN 87 % (13 % located outside of Sweden).
INTERNATIONAL 2019 GRADUATES WORKING IN SWEDEN
37 % (63 % located outside of Sweden).
45 PERCENT OF MSC 2019 ALUMNI ARE WORKING FOR SSE’S CORPORATE PARTNERS*
FIRST-TIME EMPLOYERS
A.T. KEARNEY AXEL JOHNSON BAIN & COMPANY BANK OF AMERICA THE BOSTON CONSULTING GROUP CAPGEMINI
CEVIAN CAPITAL CITIGROUP DAIMLER DELOITTE
DEUTSCHE BANK EF EDUCATION FIRST ELECTROLUX E.ON ERICSSON EY GARTNER GOLDMAN SACHS GRANT THORNTON H&M
IBM
KMPG L’ORÉAL LAZARD MCKINSEY &
COMPANY MORGAN STANLEY NOMURA
NORDEA NORDIC ENTERTAINMENT GROUP
P&G
PWC SALESFORCE SAS SCANIA SEB
SIMON-KUCHER &
PARTNERS
SOCIÉTÉ GÉNÉRALE SWEDBANK SÖDERBERG &
PARTNERS
* SSE HAS MORE THAN 110 CORPORATE PARTNERS
EXAMPLES OF OTHER EMPLOYERS 45 PERCENT OF MSC 2019 ALUMNI ARE WORKING FOR SSE’S CORPORATE PARTNERS*
FIRST-TIME EMPLOYERS
ARKWRIGHT BUSINESS SWEDEN BIP CONSULTANCY BRUNSWICK REAL ESTATE CISCO
CREDIT SUISSE
CUSHMAN & WAKEFIELD DE VOLKSBANK
EUROPEAN CENTRAL BANK HSBC
J.P. MORGAN KLARNA MICROSOFT NREP QVARTZ ROLAND BERGER TELENOR TINK TUI
2 % Consumer Products
CHOICE OF SECTOR
41 % Consultancy 27 % Finance 3 % Public Sector
3 % Industrial
6 % Retail
1.5 % Transport/
Logistics 2.5 % Media/Marketing
8 % Technology/
Telecoms
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
“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
“BCG has a long history of meeting and employing talent from SSE, and we continue to be impressed by the knowledge and skills that they bring to their work. But what makes them unique is their entrepreneurial spirit, willingness to drive change and attitude of everything is possible. We are looking forward to meeting the next generation of SSE graduates at BCG!”
Christina Synnergren
Managing Director & Partner, SSE alumn
“We are recruiting from SSE simply because it’s the perfect match.
We are getting access to hard working, curious and creative students of world class, and in return we offer them a truly global platform to develop their skill set and accelerate their careers as working professionals.”
Per Hillström
Managing Director, Morgan Stanley
WHAT EMPLOYERS THINK
“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
“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
“I feel like SSE prepared me very well for my role at BCG. Aside from the classes and actual content, I benefitted most from the many touchpoints with corporate partners, the intense group projects that were in many ways similar to the work I do now, and above all the vibrant student body of driven people. I really enjoyed and benefitted from being surrounded by ambitious people that were helping each other to achieve their career goals.”
Michael Stalder
Associate at Boston Consulting Group in Stockholm, Sweden
WHAT ALUMNI THINK
WHAT EMPLOYERS 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 degrees, which include bachelor, master, PhD, MBA, and Executive Education programs. Our programs are developed in close cooperation with the business and research communities, providing graduates with opportunities 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 W iklund
