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Careers in France

Careers in France 1
Aim of the Session

- Why a career in France?


- You said taxations, French, vacations and other prejudice?
- Who are the MBA Employers?
- How do I look for a job in this market?

- Do I need help? Who can help me?


- Undersand yourself first, get prepared and ask
- Role play
- Feedback
- HR presentation

- How to plan
- What are the next steps

Careers in France 2
A Subjective View of the French Job Market

- Politics related to business


- Demography and employment
- What is an MBA in the French market
- Work/Life balance culture
- Key locations to work
- Visas and Workpermits

Careers in France 3
How government supports business
Businesses as well as
Individuals face high
taxation all the way
from: Corporate Tax,
Employer and
Employee Wages
Taxes, Income Tax,
and indirect taxes
such as VAT.

Taxes are also used to


promote new Source : entreprises.gouv.fr

businesses with high


quality support for
new businesses
mostly in large cities
in France
Careers in France 4
France Overall Demography
1901
2014

1970

2000

Careers in France Source : INSEE 5


France Overall Positionning in Europe for
Employment

France stands
at the 8th row
in Europe for
the size of it's
service
sector, which
is also due to
a relatively
lower
industrial
sector
compared to
Germany

Source : INSEE
Careers in France 6
France Average Manager's Salary
Average
salary for
managers is
around 54 k
per year

Average job
posting will
be at 41 k

Your in
average
better being
employed
than doing an
Source : APEC
MBA!
Careers in France 7
What MBA means in the French market

The MBA is not a degree that


employers request in France

Job description must be


published, but are most of the
time filled before external
disclosure

For people who are not career


switchers, you should connect to
relevant head hunters

For career switchers, we need to


design an ad hoc strategy to job
hunt, including internship
Source : Apec.fr However more and more
companies post jobs related to
Keyword search MBA gives full MBAs without running a
time position at HEC Paris! development program
Careers in France 8
Where to look for a job description?
INDEED LINKED IN

http://www.indeed.fr/Emplois_MBA http://www.linkedin.com/jobs

Others include the following:

www.mercuriurval.com For top Management roles

www.manageurs.com For HEC alumni and from 21 other schools in Europe

www.apec.fr All management roles in France (up to 40 000 offers)

www.keljob.com One of many online job search engine


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Key Locations where to Work

France is highly centralized due


to the Grand Paris

Activity in the Rhone Alpes


rgion will be bolstered by
Chemicals and Industry together
with the neighboorhood of the
Swiss market

South East is driven by IT in the


Nice area, cosmetics around
Grasse, Industry and
transportation close to Marseille,
luxury and private wealth
management in Monaco

Source : APEC
Careers in France 10
Visas and Workpermits
Full Time
MBA Participants have the possibility to work in France with the following status:

Under Student status, while still student at HEC Paris


With APS (Autorisation Provisoire de Sjour) for 12 months after graduation

Then when being hired full time, the process can be started to grant a work permit under
conditions
Internships
In order to work as an intern in France you
must sign a Convention de Stage that
binds the company, the school and the
intern.
This agreement lasts maximum 6 months.

Reference: Presentation on working in the world: France (E&Y)


Available on HEC MBA Intranet in the Career Section

E&Y Presentation on Visa Issues

Careers in France 11
GROUPWORK #1

Who will be my best employer in France by end of


2015?

- Groups of 5 (include one French participant)


- Findings are individual

Careers in France 12
Companies and Jobs

- Large Corporations versus SMBs


- Sectors that are of higher interest
- The job market
- How to read a job description
- How to tailor your application
- How not to apply

Careers in France 13
France Euronext Market Large Caps
Sector Spread:

Services 10,3 %
Agribusiness 6,6 %
Energy 21,9 %
Finance 15,5 %
Industry 26,9%
Luxury 6,6 %
Pharmaceutical 12,2%

Source : economie.gouv.fr

Total weight of CAC 40 was 697


billion Euro on 12/31/2013
This is half of total Euronext
Paris Market Capitalization

Careers in France Source : economie.gouv.fr 14


France Large Cap Companies
COMPANY MARKET CAP ( billions)
SANOFI 110.32 TOP 10 Companies by Market Cap
TOTAL 107.95
L'OREAL 68.09
LVMH 63.65
BNP PARIBAS 61.24
EDF 44.77
AXA 44.5
GDF SUEZ 43.73
AIRBUS GROUP 35.8
SCHNEIDER ELECTRIC 32.94

COMPANY Linkedin Alumni HEC


BNP PARIBAS 754 TOP 10 Companies by HEC Alumni
L'OREAL 559 Worldwide
SOCIETE GENERALE 408
ORANGE 306
CREDIT AGRICOLE 267
AXA 249
CAP GEMINI 186
TOTAL 174
ALSTOM 164
SANOFI 162

Being well known as a best in class Business School in France and Europe,
HEC Paris graduates are very much present in top CAC 40 companies in
France or abroad. However this is not a proxy for future MBA hirings in these
firms, but a tool to identify where you can build your powerbase.
Source : economie.gouv.fr, linkedin.com, hecalumni.fr
Careers in France 15
France Large Cap HEC Partnerships
CAC 40 15 are members of HEC HEC Fondation
AA L
Fondation AA L
18 I 27 Accor 47
I 32 LVMH Accenture Mazars
37 37 Air Liquide 18 58Michelin Alcatel-Lucent McKinsey &
71 64 Alstom 132 56Orange Allianz Company
Arcelor Mittal Pernod Ricard AXA Meetic
0 3 30 32
Axa Publicis Groupe Bain & Company Neopost
97 56 11 5
BNP Paribas Renault BETC Orange
175 361 71 126
Bouygues Safran BNP Paribas Pernod Ricard
61 47 24 20
Cap Gemini Saint Gobain Cap Gemini Consulting Pixmania Group
1 11 30 57 Porsche
Carrefour Sanofi Crdit Agricole
39 33 53 5Schneider PwC
Crdit Agricole Danone
80 54 63 73Electric Procter & Gamble
Danone Deloitte
38 44 125 244Socit Publicis
EADS EDF
40 31 6 6Gnrale Puma Energy
EDF EY
54 99 0 9Solvay Renault
Essilor Exane
13 17 11 1ST Rothschild
International Free
42 55 51 3Microelectronics Safran
GDF Suez Freshfields Bruckhaus
11 10 44 37
Technip Schneider
Gemalto Deringer LLP
Total Electric
4 7 Kering 4 13 GDF SUEZ
Unibail Socit Gnrale
145 186 L'Oral 12 21 Gide Loyrette Nouel A.A.R.P.I.
Rodamco Thomson Reuters
22 40 Lafarge SA 30 16Vallourec Google Total
7 8 Legrand 7 7 Veolia Kering Unibail-Rodamco
Environnement KPMG Vente-prive.com
LI: Linked In: number of HEC alumn Vinci Linklaters Weave
in France in the company Vivendi LOral Webhelp
AA: Alumni Association, number of registered
alumni in France in the Company

Careers in France 16
France Mid Cap : Why?

Small companies can be a powerful way to use your MBA skills at a full
potential

Potential for growth is higher

Public investment is still possible, especially for companies who are in the
scope of the 34 Plans Industriels

International Outlook is key for mid caps, the international experience of the
MBA at HEC Paris is a plus

Customers and Operations are key

Sense of belonging and team spirit are necessary

You have a bigger impact on business and French employment

Careers in France 17
France Mid Cap : How to Find them?

Kompass

CCI Paris Ile de France Directory

ORBIS with restriction regarding sector and annual sales

Business Incubators : HEC, Le Camping, La ruche, Incuballiance, etc.

Groupement HEC Rgionaux

AGE FOS PME

MEDEF

Access to Small and Mid-Size companies need some analysis.

Base your initial research on large capitalizations to understand the sector


and international trends. Then you can specialize looking into a small
business.
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Which sector is doing well?
Finance XERFI 4MFS28 Energy XERFI 4MSF13

Consulting XERFI 3SAE06 Automobile XERFI 4MSF11

Luxury XERFI 4TEX10 Aerospace XERFI 4MTR01

Healthcare XERFI 4MSF07

Careers in France 19
Job Description

Careers in France Source : indeed.fr 20


10 KEY DO'S and DON'Ts

- Cold calling
- Looking for a job
- Asking for information
- Networking
- Reminding for a call back
- Gender difference
- Overkilling and humility
- What is your key value
- Punctuality
- Balance between rigidity and flexibility

Careers in France 21
GROUPWORK #2

How to use the MBA experience to reach my goal?

- Back to the group #1


- Findings are individual

Careers in France 22
HEC ALUMNI and Other Support

Do I need help? When might I feel that I need support?

Most of the time we procrastinate our job search, as it is time consuming and
it does'nt pay very quickly

Schedule your job search along the 16 months of your MBA

Take advantage of your on campus coaches and CDM : they are


knowledgeable and free

Connect with HEC Alumni Association and your previous school association

wwwhecalumni.fr

Careers in France 23
THANK YOU!

Erwan BARBIER
barbier.careeradvice@gmail.com
erwan.barbier@gmail.com
+33 6 6340 1647
www.linkedin.com/erwanbarbier
Careers in France 24
APPENDICES

www.apec.fr

Careers in France 25
APPENDICES

www.vault.com

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