On October 21, SAIF released its Employment Report of the Full-time Financial MBA (FMBA) Graduates. The report showed that the employment level of FMBA graduates improved significantly higher than before enrollment, including: salary, position, and the quality of employment agencies. It demonstrates that the “Finance +” multidisciplinary FMBA graduates have been recognized by the market.
According to statistics, 54.7% and 45.3% of this year’s full-time FMBA graduates came from the financial industry and non-financial industry before enrollment, respectively. After two years of systematic education and training through the SAIF FMBA Program — and with guidance from the Career Development Center (CDC) — their professionalism, skills, and global comprehension have been strengthened.
This year, many graduates of the FMBA program are still employed in key units — such as the Shanghai Stock Exchange and the State-owned Assets Supervision and Administration Organization. In addition, 75.6% of the FMBA graduates entered the financial industry employers included: CICC, CITIC Securities, Huatai United Securities, Guotai Junan Securities, Everbright Securities Capital Management, and Essence Securities.
Meanwhile, the comprehensive skills and cross-border thinking of SAIF FMBA graduates are favored by industry as well. This year, 24.4% of graduates are employed in non-financial industries, working as corporate executives, in consulting/strategic investment, in operations, in project management, and as management trainees. Most of the employed organizations are high-tech enterprises, some of which include Tencent Technology, Contemporary Amperex Technology, and Shanghai Henlius Biotech.
In terms of salary, 54 FMBA graduates had an average starting salary of RMB 455,000 (up 26% and 86% over figures from 2021, and before enrollment, respectively), with the median being RMB 400,000 (an increase of 33% and 50% over figures from 2021, and before enrollment, respectively).
Shan Wei, an FMBA graduate who joined the Tencent Global MBA Management Trainee Program (Industrial Internet Direction) as a senior business analyst, worked as a senior strategic consultant at IBM Consulting before enrollment. Talking about his learning experience at SAIF, he said: “The professional courses offered by SAIF FMBA helped us to consolidate the theoretical foundation of finance while showing us cutting-edge trends. The practical skills training courses and practical activities conducted by CDC, and the school-enterprise cooperation and industry mentors’ guidance, enabled me to think more about my own positioning and accomplish my own goal of exploring a new career.”
As the first MBA program in Finance in China, the SAIF FMBA program has always been committed to cultivating a group of entrepreneurs and professional managers with local influence, international competitiveness, and an innovative spirit. Professor Jie Chang (Academic Director of the MBA Program) said, “Our program, in terms of curriculum, training system and career guidance, focuses on finance as its core, with comprehensive skills. It helps to build up students’ financial knowledge and global vision in all aspects, to better adapt to complex and changing business environments. We will contribute more to China’s economy through their success.”