dear all,

I just got accepted at the hult b school, boston campus, for this fall. Anyone knows about the placement/ career services of this school. I am a US citizen with over 5 years management experence in the service industry.

Any one else joining hult this fall?

Thank you.

Please see below message from Dr Stephen Hodges, President of Hult to all alumni on this topic. Hope it helps.

----

Below are the detailed employment statistics for the MBA program over the past four years, including those for the recent graduating batch which we have only recently finished compiling. Unsurprisingly, the statistics reflect that the employment environment for MBA graduates has become significantly harder since the world went into recession in mid-2008. The general trends are:

- Lower employment rate at 3 months past graduation, since many employers focused on downsizing rather than recruitment
- Lower starting salaries due to the significantly reduced demand for MBA graduates particularly in the higher-paying industries.
- Fewer employment visas for international students, therefore greater number of students returning home for work
- Increased number of students starting they own business rather than seeking employment.

EMPLOYMENT STATISTICS - HULT INTERNATIONAL BUSINESS SCHOOL
August Graduating Class - stats* as of 3 months after graduation
2006 2007 2008 2009 2009
Boston Boston Boston Boston Dubai
Employment Rate 87% 83% 76% 72% 81%
% New Employer 70% 62% 62% 60% 64%
% Old Employer 12% 17% 9% 13% 11%
% Entrepreneur 4% 4% 6% 10% 9%
% Still Seeking 13% 17% 24% 28% 19%
Employed in New Country 61% 64% 60% 56% 52%
Return Home 39% 36% 40% 44% 48%
Average Starting Salary 81,737 94,628 72,350 73,763 72,481
Maximum Starting Salary 142,000 260,000 157,600 170,000 150,000
Average Sign-On Bonus 8,418 11,070 10,571 19,120 -
Maximum Sign-On Bonus 22,000 25,000 20,000 70,000 -

Comparing our statistics with those available from other business schools, it is clear that these trends are by no means unique to Hult. The table below compares Hult's employment rate with that of the top business schools in the world (most have not yet officially released their 2009 statistics yet, so this is from internal sources). All of these institutions are reporting significantly worse employment statistics this year and are describing very similar trends to Hult in terms of the choices their graduates are making. Clearly, when comparing our statistics with these Schools you need to take into account that these programs are of longer duration (and therefore a great deal more time is spent searching for a job before graduation) and have a far lower proportion of international students:

2009 2008
Kellogg 72% 96%
Wharton 79% 89%
LBS 81% 91%
MIT 82% 90%

Nevertheless, we fully understand the difficulties our recent graduates have faced and therefore the School has taken the following actions:

- Increased the number of corporate development and career service staff.
- Totally restructured the Lifetime Career Management course in partnership with external HR companies.
- Visited the HR departments of well over 250 MBA employers to promote the School and its graduates.

Are we content with the results? In some instances yes, and in others no. As with all things at Hult we are working hard to fix the areas we think we can improve on. I do believe that the School has made huge strides to increase its brand awareness within MBA employers as a result of these efforts, but equally I recognize that there is still a long way to go.

A tuition-funded institution such as Hult can only hope to build its brand awareness and improve the quality of the education provided if it continues to attract students. The fact that our enrollments have increased in a difficult environment is good news for all the School's stakeholders. However, I do appreciate that advising prospective students in the current market conditions is difficult. Whilst it is very hard to predict the employment market they will face in August 2011 (the time when they will graduate), I believe it is important for all MBAs to understand that in tough market conditions graduates have to be more flexible than in the "boom" years. It is very difficult to change industry & location simultaneously, and often graduates need to be willing to accept lower positions and trust they can work their way up the organization. The graduates who have done well in the current environment have (a) started looking for a job early in their MBA program; (b) applied for opportunities that leverage all the skills on their CV (experience, education and languages) and not just relied upon their MBA qualification. This advice is sound no matter which business school they eventually enroll in.

Thank you so much for the info. It is very helpful.

Just got a place at Hult in SF although Boston was my first choice. Does anyone know how much time of a year students can study in other campuses? One term only?

Tipsyakey: You can rotate in the elective modules which are the final 12-13 weeks of the program. You can go to up to two other campuses (besides SF) in this time frame, but you can also just go to one campus for the whole period.