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Career Change and the
MBA
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CONTENTS
3
Introduction
Read on to find out:
4
The Attraction of a Career
Change
What is a career change?
5
Contemplating change in your professional career
Considering a career change?
6
Switching Careers with
an MBA Degree
“The MBA is a very flexible qualification, so it’s very good for career
changes – roughly 40-50% of the people who take an MBA do so to
bring about a career change.”
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“An MBA qualification is usually effective at bringing about a change in
up to two of the big variables – either in industry, function or geography
– but rarely in all three.”
What defines a career change?
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The importance of planning in engineering career change
“Time is scarce during an MBA so the further you are in the process of
career planning before diving into the MBA waters, the better…We see
that the best success stories come from students who from day one had
a clear idea of their target (country, field, role, type of company) and
who never missed an opportunity to work on their job search or to
network.”
Switching careers with MBA specializations
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Take advantage of emerging industries
“Whether it’s sector, industry or function or country or region, this
[switching careers] seems to be driving a greater proportion of
candidates.”
Aside from changing careers, what other reasons do students have for taking on
an MBA? Find out in from the TopMBA.com e-paper, Why Get an MBA?
10
Career Change Ideas
Source: QS Applicant Survey 2013
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Post-MBA career change ideas among MBA applicants by industry
Source: QS Applicant Survey 2013
Download our QS Applicant Survey 2013 for more insights.
Industries of interest post MBA by % of applicants in each sector
Starting
industry
Consulting
76.9
15.1
4.3
13.3
9.0
41.0
11.4
9.0
4.9
3.1
3.7
19.1
5.6
Consumer
Goods
43.1
61.3
4.4
10.2
11.7
31.4
9.5
20.4
16.8
3.6
11.7
14.6
2.2
Education
27.1
8.7
45.4
5.0
7.3
33.0
20.6
11.5
14.2
1.8
2.8
17.4
4.1
Energy/
Environment/
Utilities
41.4
3.4
2.8
75.2
20.0
33.1
10.3
13.1
4.1
1.4
0.0
17.2
4.1
Engineering
36.3
6.4
5.6
23.1
62.9
22.7
7.6
13.9
2.8
2.4
1.2
25.5
3.2
Finance
49.0
9.6
6.9
10.2
5.2
76.2
13.3
7.1
6.0
3.5
3.1
12.1
2.9
Government/
Public Sector
36.8
8.5
7.7
8.5
7.7
41.0
57.3
11.1
7.7
1.7
2.6
14.5
3.4
Manufacturing
/Production
39.1
12.6
8.2
19.8
18.4
32.9
8.7
54.6
5.3
2.4
2.4
16.9
3.9
Media/
Advertising
38.1
22.9
7.6
7.6
3.8
17.1
2.9
3.8
68.6
2.9
9.5
16.2
5.7
Other
33.3
10.2
7.0
10.2
13.4
31.7
16.7
15.6
10.8
2.7
4.8
12.4
6.5
Retail/Wholesale
45.5
9.7
6.2
9.0
13.1
25.2
8.3
9.0
11.4
3.4
12.8
60.0
13.1
Technology
55.6
9.5
4.9
10.3
19.3
26.3
7.4
7.4
9.9
3.3
3.3
60.5
20.2
Telecoms
24.9
12.2
8.4
7.6
9.3
32.1
11.4
11.4
14.3
13.5
3.8
20.7
17.7
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The Career Switch:
Case Studies
“I realized it was time to broaden my horizons. After working for a steel
company for two years, the learning curve was flat.”
HEC Montréal alumna
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Career switching and entrepreneurship
London Business School alumnus
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