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  • 1

    College of Arts & Sciences

    Undergraduate 5 Year Out Alumni Survey

    (for Classes of 2006-2007)

    Table of Contents

    Employment Trends..2 Educational Attainment..2 Employment Breakdown by Industry...3 Salary Data.. 4

    Current and First Job Comparison 4 Gender Statistics.. 4 Median & Average Salary Comparison.. 5 Salary by Industry Overview 5 Current Salary by Job Function.. 7

    Geographic Location of Employed Alumni.. 6 Jobs by Industry..10 Jobs by Major.. 25 Graduate Degrees Attained and Schools Attended...45 Reflections on Skills Developed in College.. 53

    Methodology: The College Undergraduate Alumni Survey for the Classes of 2006 and 2007 was developed to provide insight into the different career pursuits of graduates five years after graduation. Emails containing a link to an online survey were sent to alumni during summer 2012. The response rate for the 2006/2007 survey across all Penn undergraduate schools was 34.3% and 992 College undergraduate alumni completed the survey. Report prepared by: Anne Marie Gercke, Associate Director

    Tatiana Vasilikioti, Student Assistant Claire Klieger, Senior Associate Director

  • 2

    College of Arts & Sciences

    Undergraduate 5 Year Out Alumni Survey

    (for Classes of 2006-2007)

    Total number of responses from College Alumni: 987 Total number surveyed across all Penn undergraduate schools: 4,610

    Response rate across all Penn undergraduate schools: 34.3%

    Class of 2006-2007 Employment Trends

    Class of 2006-2007 Educational Attainment

    Employed full-time

    69%

    Attending graduate

    school 24%

    Seeking employment

    3%

    Employed part-time

    2%

    Self-Employed

    1%

    Other (including

    family care) 1%

    Bachelors Only 28%

    Masters (Non-MBA) 25%

    JD/Law 18%

    Medical (MD, DO, DDO,

    VMD, PsyD) 13%

    MBA/Business 10% PhD

    6%

    Primary Pursuit # %

    Employed full-time 685 69%

    Attending graduate school 238 24%

    Seeking employment 27 3%

    Employed part-time 16 2%

    Self-Employed 12 1%

    Other (including family care) 9 1%

    Note: Some respondents were working and attending

    graduate school simultaneously.

    69% (681) have completed or are currently enrolled in an advanced degree program. 106 alumni reported earning or being enrolled in a second advanced degree.

    35 alumni reported non-degree

    post-baccalaureate studies (including

    certificates and pre-medical studies)

    Graduate Study by Degree, 106 reporting multiple degrees

  • 3

    Employment Breakdown by Industry, 752 reporting industry

    Trends on Career Paths The alumni survey contained a variety of questions to collect information on trends of the career paths of respondents including whether they took time off from work since graduation, the number of years they have been in their current job and the number of employers they worked with since graduation.

    Time Off

    All 21% took time off

    Men 21% took time off

    Women 21% took time off

    Average Number of Years in Current Job

    All 2 (range .25 - 7)

    Men 1.9 (range .25 7)

    Women 2 (range .25 6)

    Average Number of Employers Since Graduation

    All 2.3 (range 1 - 11)

    Men 2.3 (range 1 11)

    Women 2.4 (range 1 10)

    Communications 8%

    Legal Services 16%

    Healthcare 13%

    Education 12%

    Financial Services

    12%

    Government 7%

    Nonprofit 7%

    Consulting 7%

    Technology 5%

    Retail/Wholesale 4%

    Manufacturing 2%

    Energy 2%

    Real Estate 2%

    Other 3%

  • 4

    Classes of 2006-2007 Salary Data

    SALARY: Current and First Job Salary Comparison First Job Salary*

    (695 went straight to work; 386 reported salary)

    Current Job Salary* (697 currently employed full-time;

    423 reported salary)

    Percentage of Increase

    Salary Range $20,000 - $175,000 $20,000 - $240,000 N/A

    Median salary $42,000 $70,000 67%

    Average salary $46,836 $84,447 80%

    BONUSES: Current and First Job Bonus Comparison First Job Bonus

    (217 reported earning a bonus; 179 reported bonus amount)

    Current Job Bonus (246 reported earning a bonus; 185 reported bonus amount)

    Bonus Range $250 - $100,000 $1,000 - $500,000

    Median bonus $10,000 $15,000

    Average bonus $19,459 $38,313

    Gender Statistics

    *Does not include salaries below $20,000

    Gender Statistics for Current Salary* Men (178) Women (220)

    Salary Range $30,000 - $225,000 $20,000 - $225,000

    Median $80,000 $62,500

    Average $90,464 $77,574

    Gender Statistics for First Salary* Men (146) Women (167)

    Salary Range $20,000 - $100,000 $20,000 - $95,000

    Median $50,000 $40,000

    Average $50,454 $42,991

  • 5

    Median & Average Salary Comparison by Gender

    Salary by Industry Overview Industry Average Salary Range

    Communications $57,151 $20,000-120,000

    Consulting $87,946 $31,000-140,000

    Education $50,147 $30,000-100,000

    Financial Services $101,437 $20,000-225,000

    Government/Military $66,413 $40,000-98,000

    Healthcare/Medicine $55,286 $20,000-180,000

    Energy $94,337 $57,200-180,000

    Law/Judiciary $141,182 $40,000-185,000

    Hospitality/Leisure/Sports $60,500 $36,000-106,000

    Non-Profit/Public Interest $53,369 $24,000-106,000

    Manufacturing $54,571 $30,000-145,000

    Real Estate/Construction $69,900 $20,000-130,000

    Retail/Wholesale $92,699 $63,750-200,000

    Technology $97,388 $51,000-140,000

  • 6

    Geographic Location of Employed Alumni Domestic

    Country (*denotes returned to home country) 8% of Penn alumni working full time five years after graduation are doing so internationally, in 28 different countries. Afghanistan 1 Argentina 1 Australia 1* Bosnia 1* Chile 1 China 4 (1*) Columbia 1 Dominican Republic 1 France 1 Hong Kong 3 Hungary 1 India 2 Israel 1

    Japan 2 Republic of Korea 2 (1*) Madagascar 1 Mexico 2 Netherlands 1 Panama 1 Peru 1 Singapore 6 Swaziland 1 Taiwan 1 Tanzania 1 Turkey 1 United Kingdom 13 Zimbabwe 1

  • 7

    College of Arts and Sciences Class of 2006-2007

    Current Salary by Job Function (Less than 3 salaries not reported)

    Number Returned with Salaries Average Range Accounting Public Accounting 1 --- --- Internal Accounting 4 $61,500 $45,000 - $86,000 Architecture Architecture 1 --- --- Arts & Culture Administration 2 --- --- Fine/Visual Arts 1 --- --- Performing Arts 1 --- --- Communications & Media Advertising/Account Management 6 $72,833 $50,000 - $85,000 Announcing/On-Air Reporting 2 --- --- Journalism/Editing/Other Writing 9 $53,577 $20,000 - $90,000 Public Relations 3 $60,300 $57,000 - $65,000 Production 3 $49,000 $32,000 0 $60,000

    Consulting Research 6 $73,333 $56,000 - $93,000 Technical/Information Systems 3 $90,833 $62,500 - $105,000 Management/Strategy 16 $98,337 $60,000 - $135,000 Other Consulting 7 $88,214 $50,000 - $140,000 Economics Economic Research/Econometrics 2 --- --- Education Administration 7 $51,964 $38,750 - $80,000

    Teaching 20 $49,486 $36,500 - $71,000 Research 2 --- --- Energy/Environment Management & Policy 3 $69,861 $42,000 - $90,000 Research 1 --- --- Financial Services Commercial Banking 1 --- --- Financial Planning & Analysis (non-banking) 6 $141,400 $70,000 - $225,000 Investment Banking 6 $100,000 $60,000 - $135,000 Investment Management/Counseling 11 $105,522 $50,000 - $165,000

  • 8

    Private Equity 7 $92,857 $30,000 - $135,000 Sales 2 --- --- Securities Research 3 $143,333 $90,000 - $200,000 Trading 6 $108,666 $75,000 - $160,000 Venture Capital 2 --- --- Government Intelligence/Law Enforcement 3 $71,000 $70,000 - $72,000 Lobbying 2 --- --- Military Personnel 1 --- --- Policy Research/Analysis 12 $56,083 $40,000 - $70,000 Public Management 4 $59,600 $40,000 - $86,000 Health Care Allied Health Professional 4 $59,453 $33,000 - $78,815 Dentist 2 --- --- Health Care Policy/Management 1 --- --- Physician 45 $51,143 $40,000 - $62,500 Public Health Administration 4 $51,400 $33,000 - $72,000 Information Technology Product Designer 1 --- --- Program Manager 1 --- --- Technical Support 2 --- --- Technology Analysis 2 --- ---

    Insurance Actuarial 1 --- --- Sales 1 --- --- Law Government/Non-Profit Attorney 10 $73,043 $46,000 - $92,000 Law Firm/Corporate Attorney 65 $139,884 $40,000 - $185,000 Management Entrepreneur 5 $81,000 $20,000 - $140,000 General Management 6 $84,000 $51,000 - $110,000 Operations 10 $97,600 $50,000 - $200,000 Human Resources/Personnel/ 4 $51,300 $45,000 - $58,000 Labor Relations Office Management/Administrative 1 --- --- Assistant Marketing & Advertising Product/Brand Management 13 $76,385 $36,000 - $102,000 Sales/Sales Account Management 5 $65,750 $30,000 - $90,000 Marketing Analysis/Research 6 $78,500 $70,000 - $90,000 New Business Development 7 $94,786 $53,500 - $140,000

  • 9

    Buying/Merchandising 3 $105,582 $88,000 - $118,745 Mathematics Applied Math 1 --- --- Statistics 1 --- --- Not-for-Profit Administration 1 --- --- Clergy 1 --- --- Direct Service 4 $34,250 $20,000 - $45,000 Fund Raising/Promotion 5 $52,400 $24,000 - $65,000 Policy 5 $59,200 $38,000 - $70,000 Program Evaluation 1 --- --- Progra