AIB ALUMNIINSIGHTS REPORT

2017

WELCOME TO THE 2017 AIB ALUMNI INSIGHTS REPORT

Thank you for taking part in the survey. After compiling the results of the 2017 Alumni Insights Survey, I cannot express how proud myself and the Australian Institute of Business (AIB) team are to see the outstanding achievements of our former students.

As an organisation that strives to provide people with greater access to education, our primary focus is on student success.

I am extremely happy to see that the results of this report are testimony to what we have set out to achieve from the beginning—“To deliver life changing experiences”.

It gives me great pleasure to present to you the findings from the 2017 AIB Alumni Insights Report.

Professor Angèle CavayeAcademic DirectorAustralian Institute of Business,

of respondents graduated in 2016.

is the average age of respondents.

of respondents from urban areas

56.7% 4590.1%

DEMOGRAPHICS REPORTED

OVERVIEW

reported working in banking and

finance.

of respondents have changed industry

since starting their MBA.

of respondents have changed job

function since starting their MBA.

10.4%22.4% 40.1%INDUSTRIES AND

FUNCTIONS

of respondents would choose to

study at AIB again.

of respondents agree that the AIB MBA

has enabled them to realise their goals.

84.9% 81.1%OPINION OF AIB

is the average annual earning

reported (in pre-tax annual income

in AUD).

$137KANNUAL

EARNINGS REPORTED

of the respondents are Managers with

5%in the C-Suite.

reported working at a Fortune 500 or ASX 200 company.

have 10+ years’ work experience.

83.3%19.6% 90%WORK

EXPERIENCE

rural areas.9.9%

The Australian Institute of Business (AIB) is a truly global community with over 16,000 students, alumni, academics and industry experts from over 90 countries.

Business School graduates around

the world.

MBA graduates around the

world.

Current MBA students around

the world.Academic, support

and professional staff dedicated to teachingand student success.

AIB’S GLOBAL COMMUNITY

BACKGROUND

>9,800

4,538

>4,300

235

SURVEYMETHODOLOGY

The 2017Alumni Insights Survey was sent out on 14 March 2017 to 1,600 Australian domestic MBA Alumni who graduated between 2010 and 2017.

Respondents were asked to answer 39 questions about their careers, professional experiences and demographics. We received a total of 503 responses by the close of survey on 21 March, 2017.

This survey sample represents over 26% of our total Australian domestic alumni population.

1.4%

2010 2011 2012 2013 2014 2015 2016 2017

1.6% 2.6% 3.2%

7.8%

20.3%

6.4%

56.7%

RESPONDENTS GRADUATED FROM AIB BETWEEN 2010 AND 2017

OUR COMMUNITY IS DIVERSE, WITH OUR SURVEY RESPONDENTS COMING FROM CITIES ALL OVER AUSTRALIA

RESPONDENTS VARIED IN AGE FROM 23 TO 71

OUR ALUMNI TYPICALLY HAVE MORE THAN 10 YEARS OF WORK EXPERIENCE

are living in Sydney or

Melbourne.

Sydney

Melbourne

Brisbane

Perth

43.4%

21.7%

21.7%

9.9%

11.1%

00

5

10

15

20

25

30

10 20 30 40 50 60 70 80

NU

MBE

R O

F A

LUM

NI

ALUMNI AGE

Average age

45 YRS

Adelaide9.9%

OUR RESPONDENTS

are managers

More than

80%are C-Suite5%

>10 YEARS

<10 YEARS

90%

10%

>10 YEARS

<10 YEARS

90%

10%

Enhanced professional development

Strategy development skills

Research and analytical skills

Practical workplace knowledge

Increased self- confidence

75.1% 67.3%

60.2% 52.6%64.7%

WHEN ALUMNI WERE ASKED ABOUT THE

PROFESSIONAL BENEFITS THEY GAINED FROM STUDYING THEIR AIB MBA, THEY HAD A

LOT TO SAY...

of 2016 and 2017 alumni have been

promoted within 12 months of graduation.

34%

THE IMPACT OF THE AIB MBA

agree that the AIB MBA has enabled them to realise

their goals.

81%of respondents would choose to study at AIB

again.

85%

QANTAS AIRWAYS LIMITED INSURANCE AUSTRALIA GROUP LIMITED

Senior Manager

Manager

Entrepreneur

C-Suite

Individual contributor

Retired

Team Leader

Other

36.1%

24.6%

11.6%

5.1%

11%

0.2%

6%

5.4%

PROFESSIONAL SENIORITY

Full Time

Between Roles

Part Time

Other

90%

4.4%

4.0%

1.6%

TYPE OF EMPLOYMENT

of alumni own their own business

22.9%

WHERE AIB ALUMNI WORK

National Australia Bank Limited | Woolworths Limited | Suncorp Group Limited | RIO Tinto Limited | Bank of Queensland Limited Bega Cheese Limited | The A2 Milk Company Limited NZ | Cimic Group Limited | Origin Energy Limited | Navitas Limited

Australian Agricultural Company Limited | Cleanaway Waste Management Limited | Premier Investments Limited Mcmillan Shakespeare Limited | Adelaide Brighton Limited | Downer Edi Limited | Fletcher Building Limited NZX

Harvey Norman Holdings Limited | SOUTH32 Limited | Aurizon Holdings Limited Sonic Healthcare Limited | Bendigo And Adelaide Bank Limited

WESTPAC BANKING CORPORATION

COMMONWEALTH BANK OF AUSTRALIA

TELSTRA CORPORATION LIMITED

METCASH LIMITED

TATTS GROUP LIMITED

ANZ BANKING GROUP LIMITED

AMP LIMITED

MACQUARIE GROUP LIMITED

BHP BILLITON LIMITED

ALUMNI CAREER STATISTICS

20% of AIB Alumni reported working in Fortune 500 or ASX 200 companies including:

INDUSTRY & FUNCTION CHANGES SINCE STARTING THE AIB MBA

to Consulting& Strategy

to IT & High Tech

to Consultant Positions

to Business Development Positions

to Business& Commerce

to Development& Real Estate

to ManagementPositions

have changed industries 10% 7%

9.1% 7.2%

11% 9%

35.3%

22.4%

have changed job function

40.1%

AIB ALUMNI EMPLOYMENT ACROSS INDUSTRIES

12.6%

11.4%

10.4%

8.8%

8.6%

8.6%

8.4%

7.2%

5.6%

5.2%

4.4%

4.2%

3.4%

1.0%

Busines

s & C

omm

erce

Manufac

turin

g & Tr

ansp

ort

Bankin

g & Finan

ce

Health

care

Gover

nmen

t & D

efence

Other

IT & H

igh Te

ch

Mining & Ener

gy

Educa

tion &

Train

ing

Prope

rty D

evelo

pmen

t

Science

& Engin

eerin

g

Consu

mer

Pro

ducts

Consu

lting &

Strateg

y

Unemplo

yed

ALUMNI CAREER STATISTICS

A FAST RETURN ON INVESTMENTAVERAGE PRE-TAX ANNUAL INCOME

of our alumni get over $100K per

annum.average annual

income.

Average annual income growth is 11% pa after

graduation.

68.3%

$136,800

7%

0%

<40K 60-70K 80-90K 100-120K 150-200K 250-300K 400-500K >500K

14%

21%

PERC

ENTA

GE

OF

ALU

MN

I

ANNUAL INCOME

MBA graduates received an annual increase while

studying their MBA.

1 IN 4 received a pre-tax annual income increase

within 12 months of graduation.

47%

AVERAGE PRE-TAX ANNUAL INCOME AFTER GRADUATION

AFTER1 YEAR

AFTER2 YEARS

AFTER3 YEARS

AFTER4 YEARS

$125K $148K $161K $183K

YEAR0

$122K

Average payback time is less than three years

after graduation.

Average benefit over four years following

graduation is $96,829.

Notes: Average pre-tax annual income after graduation was calculated using four separate graduate years (Yr 1 relates to 2016 graduates, Yr 2 relates to 2015 graduates, Yr 3 relates to 2014 graduates, Yr 4 relates to 2013 graduates). Payback time and average benefit over four years were calculated using pre-tax annual income stats less ABS YOY average earnings change between 2013-2016.

+61 8 8212 8111 +61 8 8212 0032 courseadvisor@aib.edu.au www.aib.edu.au

Australian Institute of Business

All information contained in this publication is self-reported by the alumni and is for general information only. The Australian Institute of Business makes no representation about the content, suitability, accuracy or completeness of this information for any purpose whatsoever. It is provided “as is” without any express or implied warranty or guarantee whatsoever. Information and data reported in this report was self-reported by alumni between 14-21 March 2017.