career mobility of bulgarians
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Study of Career and education Mobility . Description how to keep talanted managers in Bulgaria.TRANSCRIPT
Career Mobility of Bulgarians
Study on Career and Education Mobility
Discussion on How to Keep Talented Managers in Bulgaria 1
Who we are?
Advent Group - offices in Paris and Sofia
Established in 2004
Organizer of over 300 events in 60 countries
International team of 45 specialists
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What we do?
Access MBA and Access Masters Tour –One-to-One meetings
One-to-One – Advent Group is the creator of this format of events and leader in the organization of such events
Orientation and finding the right program for each candidate
Consultancy services for candidates MBA Access MBA Reach
Media for business education
3
Study on Education and Career Mobility
Data on Bulgarians interested in going for education abroad – Access MBA & Access Masters events
Data on Bulgarians willing to work abroad – Jobs.bg, Intelligence Group and The Network
Discuss on the “Brain Drain” tendency and how to keep talented professionals in Bulgaria
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Education mobility – where does Bulgaria stand?
Second in the Balkan region and 5th in Europe in “exporting” students
About 10 % of Bulgaria’s students go abroad for their university education
5Source:*Data from UNESCO’s Global Education Digest 2011
Percentage of students going to study abroad (2011)*
Where do Bulgarians go for MBA & Masters education?
Difference between MBA and Masters destinations – ranked business schools Top education destinations use English as a main communication language Many Bulgarians prefer distance learning, part-time programmes and local branches
6Source:
MBAMasters
Motivation for MBA education
Difference between motivation for Masters and MBA students Difference in candidates’ motivation with developed economies Living abroad and starting an international career among the strongest reasons
7Source:
Management Education Demand in Bulgaria
GMAT is the main globally recognized admissions test for management education
Increase in test takers as a part of a global trend
8* Data from GMAC’s “Profile of GMAT Candidates – Testing Year 2006 to 2011”, published 10/21/2011Source:
Number of GMAT
Profile of candidates who go for business education?
Over 50% of young managers want to go for international education Motivation for experienced managers to do an MBA is increasing – relation to
development opportunities
9Source:
Professional experienceManagerial experience
Return on investment
Over 50% notice some change in payment Top ranked business schools report average salary increase in salary of over 100% The added value of an MBA – network, knowledge, way of thinking
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Salary increase after MBA graduation?
Source:
46%
15%
31%
8%
Salary increase after an MBAНикакво 10-20% 20-50% 50-80%
Global Talent Mobility Study, 2011
Global study - 66 countries
Scope - 29 358 people living in Bulgaria and 7 831 Bulgarian expatriates
Created by Intelligence Group, The Network и JOBS.BG inquiring people who use career websites
Data used is to show:
• What motivates Bulgarians to work abroad?• Which are the most preferred employment destinations?• What is the difference between their desired and current employment?
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Bulgarians willing to work abroad
Difference between people living in Bulgaria and Bulgarian expats Only 11% of the respondents are not willing to relocate for career
12Source:
I would like to work abroad
Bulgarian expatsBulgarians
Absolutely disagree
Disagree
Neither agree nor disagree
Agree
Absolutely agree
Where would Bulgarians like to work?
Language and economic development are major factors The main working destinations coincide with the main education destinations Countries with a good social security system are more preferred
13Source:
In which country would you work?
51%47%
41%
33% 33%30%
26% 25% 23% 23% 21% 20%17% 16% 15% 14% 14% 12% 12% 11% 10% 8% 8% 7% 6% 6% 6% 5% 5% 5%
47%
In which country would you work?
Motivation to work abroad
People lining in Bulgaria look for better living conditions while expats look for career opportunities
Experience, challenge and development are major factors for expats
Over 50% want to escape the economic reality in Bulgaria
14Source:
Bulgarian expats Bulgarians
Other
Better living standard
Start international career
Start a new life
Spouse already working abroad
Option to gain experience
Meet new people/networking
Change the world
Learn a new language
Get to know new cultures
Challenge
Climate
Career development options
Bad economic situation in the country
Family abroad
Acquire professional experience
What do Bulgarians abroad work?
Bulgaria “exports” managers, banker, engineers, IT specialists and sales people
Many people in Bulgaria work in sales, administration and office administration, manufacturing and engineering
15Source:
Bulgarian expats Bulgarians
Transport/ LogisticsTelecommunications
Social servicesSales
Science
Supply chainPublic servicesSecurity/Police
MediaMarketing/Advertising
Manufacturing, Manual labor, ConstructionLaw
Agronomy and nature sciencesIT and Automation
HR
HealthcareManagement
Accounting, AuditEngineering, Technology
EducationDesign, Architecture
Art, CultureBanking, Finance, Insurance
Administrative, Office
Hotel, Restaurants, Tourism
What can universities do?
16Source:
Big difference between desired and current occupation Most Bulgarians want to be in management, tourism, banking and retail Increased demand for employees in retail, maintenance, manufacturing, education and finance
In which sector do Bulgarians want to work?
Transport/ Logistics
Telecommunications
Social services
Other
Trade
Public services, Security/Police
Manufacturing, Maintenance, Service
Pharmacy
Law, Legislative Services
IT, Internet
Industry
Hotel, Restaurants, Tourism
Healthcare
Education
Banking, Finance, Insurance
Media/ CommunicationsManagement/ Consulting
Energy
In which sector would you prefer to work? In which sector do you currently work?
The role of companies in keeping talent?
17Source:
Employees in Bulgaria are very sensitive to payment, working atmosphere and security
To attract people with experience abroad companies need to provide not only good payment, but also good development opportunities and challenging tasks
Bulgarian expats Bulgarians
Which factors are important when choosing a job?
Other
Skillful Management
International company
Paid vacation
Good image of the employer
Good social benefits
Trainings
In harmony with my personal beliefs
Good career opportunities
Challenging Job
Good working conditions
Good remuneration
Flexible working time
Responsibility
Permanent contract
Option for working half-day
Acceptable commuting time
Diverse tasks
Acceptable workload
Attractive products and services
Who wants to come back to Bulgaria after studying abroad?
18Source:
Career in Bulgaria. Why not? – conference for Bulgarians willing to work back home Over 40% of our expats are interested in management, finance, consultancy and other specialized
fields
Top 10 desired working spheres at the event
13%
8%
8%
7%
6%5%
5%5%3%
3%
37%
Top 10 desired working spheres at the eventCareer in Bulgaria: Why not?(www.karieravbulgaria.com)
Management
Consultancy
Marketing
Banking/ Finance
Public sector
PR / Advertising
NGO
Sales / Business development
Media
IT
Others (33 sectors)
„Brain Gain“ – the Irish case
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„Brain Gain “: Attracting and employing highly qualified professionals
The Irish case :
Ireland during the 1950s
1/7 of the country’s population emigrates between 1950 – 1958
57% of boys and 49% of girls don’t have secondary education
Parents advise their children to leave Ireland
Low standard of living.
Measures taken by the Irish Industrial Development Agency
Electronics and Pharmaceutics as strategic priorities, promoting the
state to investors
Connecting with Irish managers of multinational companies working
abroad
1997 – nearly 60% of the agency’s expenses consist of new skills and
technology development
Developing industrial and technologic parks
Results
Agency manages to coordinate efforts of government, business and
education institutions
Ireland’s population increases by 25% between 1961 and 1991.
8th position in income per capita in 2010
Source:
„Brain Gain“ in Bulgaria
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„Brain Drain“ from Bulgaria: 1990 - 2000: nearly 16% of Bulgarian emigrants are highly qualified
„Brain Gain “: Coordination between business, education and government
Business
Strategic positions in companies
Cooperation with a network of professionals abroad
Cooperation with the education sector Bulgaria and abroad
Education
Developing creative thinking in schools, practical training
International education and research exchanges
Transnational research projects
„Brain Gain“ from other countries
Government
Sustainable, long-term policy
Improvement of the business environment
Supporting scientific development on a national level
Information policy
Source:
Thank you for your time
Your Contact
Kalina Krasteva
International Account Manager
Business Development - Europe
Tel:. + 359 2 984 10 74
Fax. + 359 2 986 09 36
www.accessmba.com
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Picture
Thank you!
Access MBA Event SofiaSheraton, 8 November 2012
www.accessmba.com 21