babson graduate employment report 2015

BABSONEMPLOYMENT REPORT MBA AND SPECIALIZED MASTERS

2015

THE DEMAND IS CLEAR

OF EMPLOYERS SURVEYED BELIEVE THAT TODAY’S BUSINESS SCHOOL GRADUATES:

» MUST HAVE EXCEPTIONAL INTERPERSONAL CAPABILITIES, INCLUDING ORAL COMMUNICATION, LISTENING, WRITTEN COMMUNICATION, AND PRESENTATION SKILLS » NEED TO BE ABLE TO USE DATA IN ORDER TO DRIVE DECISIONS

– GRADUATE MANAGEMENT ADMISSION COUNCIL YEAR-END POLL OF EMPLOYERS, 2014

98%

WWW.BABSON.EDU/TALENT

BABSON IS BRIDGING THE GAPWe deliver a curriculum rooted in business fundamentals, action, and experimentation to prepare our graduates to make an impact in organizations of all types and sizes. Our faculty teach, shape, and encourage team thinking and acting, incorporating real business challenges that mimic what our graduates will face in the global marketplace.

With courses such as Data, Models, and Decisions and Big Data and Business Analytics as part of the core curriculum, Babson students learn how to use data analytics to tell a story that addresses business challenges and improves strategic decision making.

“Babson has a unique model whereby our relationship managers provide both career advising and company outreach in assigned industry specialties. For the students, this translates to in-depth industry expertise and unique company insight. As a partner organization, this empowers you to efficiently address your talent needs by targeting those who will succeed in your organization.”

– Cheri Paulson, Senior Director Graduate Center for Career Development and Strategic Partnerships, Babson College

2015 GRADUATE PO PULATION OVERVIEWFULL-TIME MBA POPULATIONStudents enrolled in our One-Year and Two-Year programs desire

a full-time MBA experience. These students are either redirecting

their careers or looking for an accelerated learning environment.

MASTER OF SCIENCE IN MANAGEMENT IN ENTREPRENEURIAL LEADERSHIP (MSEL)The students in this nine-month program—

thanks to strategic consulting projects, teaching

experiences, and venture creation—graduate ready

to make an impact in any business environment.

AVERAGE YEARS OF WORK EXPERIENCE: 4.8AVERAGE AGE: 28WOMEN: 36%

MINORITIES: 7%

INTERNATIONAL: 64%

NUMBER OF COUNTRIES REPRESENTED: 33This representative sample of the full-time population consists of 228 students in the One-Year and Two-Year programs who graduated at the end of the 2015 academic year.

AVERAGE YEARS OF WORK EXPERIENCE: Less than 1AVERAGE AGE: 23WOMEN: 39%

MINORITIES: 4%

INTERNATIONAL: 65%

NUMBER OF COUNTRIES REPRESENTED: 14This representative sample of the MSEL population consists of 46 students who graduated at the end of the 2015academic year.

NO. 4 HIGHEST EARNING ALUMNIAMONG NEW ENGLAND GRADUATE BUSINESS SCHOOLS– PayScale College Salary Report, 2014–2015

NO. 1IN ENTREPRENEURSHIP FOR 22 CONSECUTIVE YEARS– U.S. News & World Report, 1994–2015NO. 1GLOBAL MBA PROGRAM

FOR ENTREPRENEURSHIP– Financial Times, 2015


2015 GRADUATE PO PULATION OVERVIEWAVERAGE YEARS OF WORK EXPERIENCE: 8.6AVERAGE AGE: 32WOMEN: 35%

MINORITIES: 20%

INTERNATIONAL: 8%

NUMBER OF COUNTRIES REPRESENTED: 30 This representative sample of the working professional population consists of 556 students in the Evening and Blended Learning programs enrolled in the fall of 2015.

AVERAGE YEARS OF WORK EXPERIENCE: Less than 1AVERAGE AGE: 23WOMEN: 52%

MINORITIES: 33%

INTERNATIONAL: 22%

NUMBER OF COUNTRIES REPRESENTED: 4 This representative sample of the MSA population consists of 23 students who graduated at the end of the 2015 academic year.

PART-TIME MBA POPULATIONAccess the working professional population enrolled in our

part-time Evening and Blended Learning MBA programs in

order to address your immediate hiring demands.

MASTER OF SCIENCE IN ACCOUNTING (MSA)The students in our MSA program gain both the technical

knowledge and entrepreneurial mindset necessary to

succeed in the dynamic and global fi eld of public accounting.

BABSON ALUMNI ARE CREATING VALUE IN A WIDE VARIETY OF ROLES, ORGANIZATIONS, AND INDUSTRIES. SEARCH FOR “BABSON GRADUATE SCHOOL” TO SEE NOTABLE BABSON GRADUATE ALUMNI ON LINKEDIN.

“THE TALENT WE FIND AT BABSON IS VERY UNIQUE. WE TURN TO BABSON FOR INVENTIVE THINKERS WITH A ZEST FOR SOCIAL RESPONSIBILITY AND THAT RARE ABILITY TO LEAD AND INSPIRE OTHERS WITH BOTH A PASSION AND A SENSE OF HUMILITY. IT’S SOMETHING YOU JUST DON’T ENCOUNTER AT MANY MBA PROGRAMS.”

– Evan O’MearaSenior Manager, Campus Recruitingathenahealth

FULL-TIME MBA EMPLOYMENTCLASS OF 2015 CAREER STATISTICS

x

75%

83%

63%

49 %

INCREASE IN COMPANIES SERVING AS HOSTS FOR STUDENT VISITS (VS. 2012)

INCREASE IN STUDENTS RECEIVING MULTIPLE JOB OFFERS (VS. 2012)

INCREASE IN COMPANIES THAT INTERVIEWED ON CAMPUS (VS. 2014)

INCREASE IN ON-CAMPUS COMPANY PARTNERSHIPS (VS. 2014)

88%

WERE OFFERED A JOB WITHIN THREE MONTHS OF GRADUATION* 86%

ACCEPTED A JOB OFFER WITHIN THREE MONTHS OF GRADUATION*

“ BABSON STUDENTS UTILIZE BOTH PROGRESSIVE THINKING AND BIG DATA SYNTHESIS TO DRIVE IMPACTFUL INSIGHTS. THEY ELEVATE THE WAY IN WHICH WE CONDUCT BUSINESS, EXHIBITING AN ABILITY TO CREATIVELY PROBLEM SOLVE, COLLABORATE, AND LEAD IN AN INSPIRING MANNER.”

– Christina LynchSenior Marketing ManagerOcean Spray Cranberries


x

$89,791AVERAGE U.S. BASE SALARY

GRADUATES BY TOP INDUSTRIESCONSUMER PRODUCTS/RETAIL 23%

LIFE SCIENCES/HEALTH CARE 16%

FINANCIAL SERVICES 15%

TECHNOLOGY 14%

CONSULTING 9%

MANUFACTURING 5%

NONPROFIT/EDUCATION 4%

REAL ESTATE 4%

ENERGY 3%

19% STARTED A BUSINESS16%

JOINED A FAMILY BUSINESS *Of those seeking.

43%INCREASE IN GENERAL MANAGEMENT DUE TO LEADERSHIP DEVELOPMENT PROGRAMS (VS. 2013)

86%INCREASE IN CONSULTING INDUSTRY GRADUATES (VS. 2013) AFTER LAUNCH OF NEW INTENTIONAL CASE PREP PROGRAM

37%INCREASE IN GRADUATES IN THE LIFE SCIENCES AND HEALTH CARE INDUSTRIES (VS. 2014)

225%INCREASE IN STRATEGY ROLES (VS. 2014)

(AVERAGE OVERALL SALARY: $81,715)

GRADUATES BY TOP JOB FUNCTIONGENERAL MANAGEMENT 21%

MARKETING/SALES 21%

FINANCE/ACCOUNTING 14%

CONSULTING 13%

STRATEGY 9%

OPERATIONS/PRODUCTION 4%

BUSINESS ANALYTICS 4%

INFORMATION TECHNOLOGY 2%


FULL-TIME MBA EMPLOYMENTCLASS OF 2015 SALARY (U.S. SALARIES ONLY)

BASE SALARY BY INDUSTRY MEANCONSULTING $106,250LIFE SCIENCES/HEALTH CARE $102,200FINANCIAL SERVICES $92,308CONSUMER PRODUCTS/RETAIL $87,883TECHNOLOGY $78,969

BASE SALARY BY JOB FUNCTION MEANCONSULTING $102,750STRATEGY $97,800FINANCE/ACCOUNTING $93,500OPERATIONS/PRODUCTION $92,000BUSINESS ANALYTICS $87,500MARKETING/SALES $85,375GENERAL MANAGEMENT $85,175 MANAGEMENT INFORMATION SYSTEMS $84,333

AVERAGE BONUS AN INCREASE OF 40% (VS. 2013)

$16,000

INCREASE IN CONSULTING SALARIES (VS. 2014) DUE TO INTENSIVE STUDENT CASE PREPARATION8%


SAMPLING OF FULL-TIME MBA EMPLOYERSCLASS OF 2015

ACCENTURE / AMAZON / ANHEUSER-BUSCH / ATHENAHEALTH / BAXTER INTERNATIONAL BOOZ ALLEN HAMILTON / BOSE CORPORATION / BOSTON BRUINS / THE BOSTON CONSERVATORY / BREAKAWAY VENTURES / BURGER KING CORPORATION / CIGNACITY YEAR / COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION / CONTRAST CAPITAL MANAGEMENT / CREDICORP CAPITAL / CREDIT SUISSE / CRIOTEC / EDUCATION PIONEERS / ELIXIR CONSULTING / EMD SERONO / ENERNOC / EPLON / EYFIDELITY INVESTMENTS / GRANT THORNTON / HUBSPOT / INSTRUMENTATION LABSINVEST2INNOVATE / IRON MOUNTAIN / IRONWOOD PHARMACEUTICALS / ISABELLA STEWART GARDNER MUSEUM / LEARNING EXPRESS TOYS / LEVANT POWER CORPORATIONLIBERTY MUTUAL INSURANCE / LUXOTTICA / MARSH & MCLENNAN COMPANIESMITSUBISHI CORPORATION / NESTED BEAN / NEW BALANCE / PEPSICO / POLAR BEVERAGES / PRICEWATERHOUSECOOPERS / REGENCY TRADING COMPANY / SHARKNINJASMARTBEAR / STAPLES / STEWARD HEALTH CARE NETWORK / STEWARD MEDICAL GROUP / TURBINE / WALMART / WARNER BROS. ENTERTAINMENT GROUP / WAYFAIR

“WE VALUE BABSON STUDENTS FOR THEIR ABILITY TO NAVIGATE COMPLEX BUSINESS ISSUES AND THEIR ENTREPRENEURIAL SPIRIT. AT LUXOTTICA, OUR CULTURE ENCOURAGES STUDENTS TO TAP INTO THAT ENTREPRENEURIAL APPROACH AND CONTRIBUTE TO OUR BUSINESS IN AN IMPACTFUL AND PASSIONATE WAY.”

– Joshua Prickett Manager, Diversity and Recruitment Outreach, Human Resources Luxottica

INTERNSHIPS BY TOP INDUSTRIESCONSUMER PRODUCTS/RETAIL 21%

TECHNOLOGY 16%

FINANCIAL SERVICES 10%


NONPROFIT/EDUCATION 9%

CONSULTING 6%

ENERGY 5%

INTERNSHIPS BY TOP JOB FUNCTIONMARKETING/SALES 32%

FINANCE/ACCOUNTING 15%

STRATEGY 11%

CONSULTING 8%

OPERATIONS/PRODUCTION 7%

GENERAL MANAGEMENT 6%

BUSINESS ANALYTICS 4%

PRODUCT MANAGEMENT 2%

MBA INTERNSHIP EMPLOYMENTCLASS OF 2016 SUMMER INTERNSHIPS

100%INCREASE IN INTERNSHIPS IN AN OPERATIONS/PRODUCTION FUNCTION

“ WE HAVE BEEN EXTREMELY IMPRESSED WITH THE QUALITY OF BABSON’S STUDENTS. BABSON FOSTERS TOP-NOTCH, ENTREPRENEURIAL TALENT THAT CAN WORK IN VERY FAST-PACED ENVIRONMENTS.”

– Charlene NaumannDirector, Global Talent Acquisition Strategic SourcingSharkNinja


SAMPLING OFINTERNSHIP EMPLOYERSCLASS OF 2016

AMAZON / ANALOGIC CORPORATION / AT&T / ATHENAHEALTH / BOSE CORPORATION BOSTON CHILDREN’S HOSPITAL / BRIGHT HORIZONS / CLYPD / ECG MANAGEMENT CONSULTANTSEDF CLIMATE CORPS / EDUCATION PIONEERS / EF / EMD SERONO / EURO-PRO / EY HORIZON PHARMACEUTICALS / JOHNSON & JOHNSON / JUMBO CAPITAL MANAGEMENTLEVANT POWER CORPORATION / LUXOTTICA / MASSACHUSETTS AUDUBON SOCIETYMASSACHUSETTS GENERAL HOSPITAL / MASSCHALLENGE / MATHWORKS / MEDITECH NESTED BEAN / OCEAN SPRAY / THE PHILANTHROPIC INITIATIVE / POLARIS CAPITAL MANAGEMENT / PRICEWATERHOUSECOOPERS / SCHNEIDER ELECTRIC / T-MOBILE USA / TOPCOASSOCIATES / WALMART / WALNUT VENTURE ASSOCIATES / WOLTERS KLUWER / WOO SPORTS

96% STUDENTS WHO SECURED SUMMER INTERNSHIPS(of those seeking)

“OUR BABSON MBA INTERN WAS COMFORTABLE WORKING THROUGH AMBIGUITY AND IN LESS STRUCTURED ENVIRONMENTS. HE ALSO WAS A SUPER-CREATIVE PROBLEM SOLVER.”

– Mike Kaufman Director of Talent Acquisition EF (Education First)

SPECIALIZED MASTE RS PROGRAMS FULL-TIME EMPLOY MENTMASTER OF SCIENCE IN MANAGEMENT IN ENTREPRENEURIAL LEADERSHIP (MSEL)CLASS OF 2015 CAREER STATISTICS

AVERAGE STARTING SALARY IS 57% HIGHER THAN FOR A LIBERAL ARTS GRADUATE WITH BACHELOR’S DEGREE– FALL 2015 SALARY SURVEY, NATIONAL ASSOCIATION OF COLLEGES AND EMPLOYERS

$64, 193AVERAGE U.S. BASE SALARY

(AVERAGE OVERALL SALARY: $60,566)

GRADUATES BY TOP INDUSTRIESTECHNOLOGY 29%


FINANCE 14%

CONSUMER PRODUCTS/RETAIL 10%

GRADUATES BY TOP JOB FUNCTIONMARKETING/SALES 24%CONSULTING 24%OPERATIONS 19%FINANCE 19%

x

77% ACCEPTED A JOB OFFER WITHIN THREE MONTHS OF GRADUATION* 91%

ACCEPTED A JOB OFFER WITHIN SIX MONTHS OF GRADUATION*

“I RECRUIT BABSON MASTER OF SCIENCE IN MANAGEMENT IN ENTREPRENEURIAL LEADERSHIP STUDENTS BECAUSE THEY CAN EMBRACE AMBIGUITY, FIND OPPORTUNITIES TO MAKE AN IMPACT, AND CAN IDENTIFY THE NECESSARY QUESTIONS TO ASK TO BE SUCCESSFUL.”

– Basil Trikatzopoulos Managing Partner 38ventures

Unless otherwise specifi ed, all MSEL data are based on six months after graduation.


SPECIALIZED MASTE RS PROGRAMS FULL-TIME EMPLOY MENT

SAMPLING OF MSEL EMPLOYERSCAMBRIDGE COMPUTER SERVICES / CAREEM / CENTRAL NEW YORK DIAGNOSTIC IMAGING / CLOUD TECHNOLOGY PARTNERS / DELOITTE / IRONSIDE / L’OREALMADISON PERFORMANCE GROUP / PRISM HEALTHCARE PARTNERS / PROFITECT / ROBERT HALFSTATE STREET GLOBAL ADVISORS / 38VENTURES / U.S. OLYMPIC COMMITTEE / VAPOTHERM

x

13% STARTED ABUSINESS27%

JOINED A FAMILYBUSINESS

*Of those seeking.

MASTER OF SCIENCE IN ACCOUNTING (MSA)CLASS OF 2015 CAREER STATISTICS

$56, 750AVERAGE U.S. BASE SALARY

SAMPLING OF MSA EMPLOYERS

“WITH A BABSON MSA DEGREE, BABSON GRADUATES COME INTO OUR ORGANIZATION WITH MORE THAN TECHNICAL KNOWLEDGE; THEY POSSESS THE SOFT SKILLS—LIKE PRESENTING AND LEADING MEETINGS—NECESSARY TO MAKE THEM WELL-ROUNDED CANDIDATES.”

– Laura Feeley Campus Recruiter EY

BERRY DUNN / DELOITTE / EY / GONZALEZ & ASSOCIATES / KPMG / PRICEWATERHOUSECOOPERSSTATE STREET GLOBAL ADVISORS / TERADYNE

CONNECT YOUR ORGANIZATION WITH BABSON

The F.W. Olin Graduate School of Business at Babson College adheres to the MBA Career Services & Employer Alliance (MBACSEA) Standards for

Reporting Graduate Employment Statistics. Unless otherwise noted, all data reported in this document follow the standards outlined on mbacsc.org.

Our approach to engaging with organizations is highly customizable and can involve one, a combination of, or all of the interactive opportunities listed below.

GRADUATE SCHOOL: BabsonGraduate @BabsonGraduate Babson Graduate BabsonGraduate GRADUATE CENTER FOR CAREER DEVELOPMENT (CCD): BabsonGradCCD @BabsonGradCCD

CAREER CONVERSATIONS: Educate a select group

of students about your industry and expertise.

COMPANY INFORMATION SESSIONS: Gain brand

recognition and discuss specifi c job openings.

EXECUTIVE INDUSTRY PANELS: Speak on a panel

during an industry-focused event.

CLASSROOM INVOLVEMENT: Visit a classroom

as a guest speaker, or sponsor a case study.

MINI FLASH CASES: Observe our students as

they solve your company challenge in a

rapid, interactive manner.

STUDENTS AS CONSULTANTS: Give students

real-world experience with a team-based

consulting project for your company.

BABSON CONNECT EVENTS: Network with current

students and alumni at events in Boston,

Miami, New York, and San Francisco.

JUST-IN-TIME CAREER FAIR: Present your job and

internship opportunities every April.

STUDENT SITE VISITS: Host a group of students

at your offi ce for a tour and presentation.

EMPLOYER IN RESIDENCE: Engage with students

on campus during walk-in hours.

MOVE FORWARD WITH BABSON TALENT: WWW.BABSON.EDU/TALENT

GRADUATE CENTER FOR CAREER DEVELOPMENT For more information or to schedule a meeting with our relationship managers:

CALL: 781-239-4210 / EMAIL: [email protected] (MAIN CAMPUS) / BOSTON / SAN FRANCISCO

STUDENTS AS CONSULTANTS: Give students

real-world experience with a team-based

consulting project for your company.

BABSON CONNECT EVENTS: Network with current

students and alumni at events in Boston,

Miami, New York, and San Francisco.

JUST-IN-TIME CAREER FAIR: Present your job and

internship opportunities every April.

STUDENT SITE VISITS: Host a group of students

at your office for a tour and presentation.

EMPLOYER IN RESIDENCE: Engage with students

on campus during walk-in hours.

BABSON EDUCATES ENTREPRENEURS OF ALL KINDS WHO CREATE ECONOMIC

AND SOCIAL VALUE EVERYWHERE.

F.W. OLINGRADUATE SCHOOLOF BUSINESS

GRADMKT-8128 02/16


babson graduate employment report 2015

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