mba employment report - tuck school of business€¦ · 10,417 4,563 8,666 8,345 11,276 8,000 6,805...
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MBAEMPLOYMENTREPORTTUCK SCHOOL OF BUSINESS AT DARTMOUTH
2015
2
MESSAGE FROM THE DIRECTOR
I am proud to report that our graduates continue to enjoy great career success, with employment levels and compensation rates for Tuck’s class of 2015 at or near the highest of those of the top MBA pro-grams worldwide. I am especially pleased with the high satisfaction our graduates report on their post-MBA industry, function, location, and organization. These success-es are a direct result of Tuck’s personal approach to management education and its best-in-class career services: INDIVIDUAL-FOCUSED CAREER SERVICES We get to know each student personally, learn their career goals, and help set them on the path to achieving them. This is possible because of Tuck’s small class size, extensive resources, and close-knit community. LEADING MBA RECRUITING PARTNERS Tuck has active recruiting relationships with more than 1,000 organizations across a breadth of industries worldwide and fosters and develops new and existing partnerships with leading companies. INDUSTRY-FOCUSED COACHING EXPERTISE Tuck’s career coaches boast expertise and experience in the industries in which they specialize, as well as relevant educational backgrounds and extensive knowledge of recruiting best practices that they bring to bear on students’ job searches. PASSIONATE ALUMNI SUPPORT There is a direct relationship between the responsiveness of a school’s alumni network and the success of its graduates, and no school has more committed and dedicated alumni than Tuck. They prove this time and again through their world-leading annual giving participation rate and the level of access and support they provide students in their job search. Visit us at WWW.TUCK.DARTMOUTH.EDU/CAREERS to learn how we can work with you.
Jonathan D. MaslandDirector, Career DevelopmentTuck School of Business at Dartmouth
3
This summerwould not have been possible withoutthe help of theTuck network.”
TUCK CLASS OF 2016SUMMER INTERNSHIPS
BASE MONTHLY SALARIES, BY FUNCTION
MCKINSEY & COMPANYAMAZONBAIN & COMPANYBAMLTHE BOSTON CONSULTING GROUPGOLDMAN SACHSDELOITTECOLGATE-PALMOLIVEDANAHERL.E.K. CONSULTINGLAND O’LAKESMICROSOFTANALOGICBARCLAYSGOOGLEJ.P. MORGANCITITHE PARTHENON GROUPUBSCVS HEALTHHARRIS WILLIAMS & COMPANYMETLIFEUNDER ARMOUR
1611
998876666655554443333
BASE MONTHLY SALARY ($)TOP HIRING COMPANIES
FOR INTERNSHIPS
FUNCTIONCONSULTING, STRATEGYFINANCE CORPORATE FINANCE UNDERWRITING, ADVISING PRIVATE EQUITY, VENTURE CAPITAL INVESTMENT MANAGEMENT REAL ESTATEMARKETINGGENERAL MANAGEMENTOPERATIONS, LOGISTICSOTHERALL FUNCTIONS
— AVI SETHI T’16
PERCENT (%)352611
6531
1814
43
100
MEDIAN10,070
9,1678,345
10,4174,997
10,4176,5187,2507,5436,9466,5098,000
MEAN8,9728,2428,196
10,0815,3029,8736,9786,8417,2486,3396,0057,966
MAXIMUM13,00012,50012,50011,00010,00010,86310,41717,000
9,9948,4008,000
17,000
MINIMUM692800
2,0005,432
8007,0004,0001,4872,0004,0001,808
692
BASE MONTHLY SALARY ($)
LOCATIONUNITED STATESNORTHEAST (CT, ME, MA, NH, NJ, NY, RI, VT) NEW YORK METRO BOSTON METRO OTHERWEST (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) SAN FRANCISCO BAY AREA SEATTLE METRO OTHERMIDWEST (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI)MID-ATLANTIC (DC, DE, MD, PA, VA, WV)SOUTHWEST (AZ, CO, NM, OK, TX)SOUTH (AL, AR, FL, GA, KY, LA, MI, NC, SC, TN)OUTSIDE UNITED STATESASIAEUROPEOTHERALL LOCATIONS
*Values excluded, sample size too small
PERCENT (%)90502618
61810
71
10
642
10541
100
MEDIAN8,1478,500
10,4007,8217,8218,0007,2008,000
*7,352
6,50211,700
8,5006,4273,5007,5004,3848,000
MEAN8,1888,4309,1107,9196,8987,5927,2837,994
*8,095
6,6339,5499,6556,0074,9397,7154,8357,966
MAXIMUM17,00017,00017,00012,00010,00011,29811,298
9,000*
12,150
10,44212,00013,00010,64610,64610,495
8,40017,000
MINIMUM1,8081,8082,0001,8082,6072,0002,0004,000
*3,000
3,3023,1508,500
692692
1,4872,173
692
BASE MONTHLY SALARY ($)
BASE MONTHLY SALARIES, BY LOCATION
BASE MONTHLY SALARIES, BY INDUSTRY
TUCK CLASS OF 2016SUMMER INTERNSHIPS
INDUSTRYFINANCIAL SERVICES INVESTMENT BANKING PRIVATE EQUITY, VENTURE CAPITAL INVESTMENT MANAGEMENT OTHERCONSULTINGTECHNOLOGYCONSUMER GOODS, RETAILHEALTH CARE, PHARMA, BIOTECHMANUFACTURINGMEDIA, ENTERTAINMENT, SPORTSENERGY, UTILITIESOTHER ALL INDUSTRIES
PERCENT (%)2714
544
231512
77324
100
MEAN8,603
10,3334,7458,8858,322
10,0597,1916,1717,6117,2284,4525,0084,9807,966
BASE MONTHLY SALARIES, BY INDUSTRY
MAXIMUM12,50012,50010,00010,863
9,99413,000
9,17010,77617,000
9,8508,1477,5006,518
17,000
MEDIAN9,994
10,4174,5638,6668,345
11,2768,0006,8057,3178,1174,3905,2145,1258,000
MINIMUM800
8,333800
6,6055,432
6921,8082,1733,4761,4872,1732,0003,150
692
4
TUCK CLASS OF 2015FULL-TIME EMPLOYMENTCLASS OF 2015 COMPENSATION SUMMARY
BASE SALARIES, BY INDUSTRY
TYPE1
ANNUAL BASE SALARYSIGNING BONUS
RECEIVING (%)100
84
MEAN123,900
28,630
MEDIAN125,000
25,000
MAXIMUM170,000
65,000
MINIMUM63,466
3,000
CLASS OF 2015 COMPENSATION ($)
MCKINSEY & COMPANYBAIN & COMPANYAMAZONDELOITTEBAMLTHE BOSTON CONSULTING GROUPMICROSOFTGOLDMAN SACHSTHE PARTHENON GROUPGENERAL MILLSL.E.K. CONSULTINGJ.P. MORGANLIBERTY MUTUALSAMSUNG
TOP HIRING COMPANIES FOR FULL-TIME
POSITIONS
INDUSTRYCONSULTINGFINANCIAL SERVICES INVESTMENT BANKING INVESTMENT MANAGEMENT PRIVATE EQUITY, VENTURE CAPITAL OTHERTECHNOLOGYCONSUMER GOODS, RETAILHEALTH CARE, PHARMA, BIOTECHENERGYMANUFACTURINGOTHERALL INDUSTRIES
PERCENT (%)342410
527
1810
6224
100
MEDIAN140,000125,000125,000103,000142,500110,000120,000102,000115,000100,000110,000120,000125,000
MEAN137,277120,296124,866111,143138,750111,487120,242104,158113,078105,000113,600113,429123,900
MAXIMUM170,000150,000148,715135,000150,000130,000155,000150,000140,000120,000120,000144,000170,000
MINIMUM63,46682,843
100,00085,000
120,00082,84380,00080,00090,00095,000
108,00075,00063,466
BASE SALARY ($)
FUNCTIONCONSULTING, STRATEGYFINANCE CORPORATE FINANCE UNDERWRITING, ADVISING PRIVATE EQUITY, VENTURE CAPITAL INVESTMENT MANAGEMENT REAL ESTATEGENERAL MANAGEMENTMARKETINGOPERATIONS, LOGISTICSOTHERALL FUNCTIONS
PERCENT (%)4025
97522
1515
32
100
MEDIAN140,000125,000115,500125,000122,500
*120,000117,500108,500114,000120,000125,000
MEAN134,645119,744114,600126,585120,250
*115,000115,370113,208108,143116,339123,900
MAXIMUM170,000155,000144,000148,715155,000
*125,000150,000140,000130,000125,000170,000
MINIMUM63,46675,00080,000
123,47675,000
*100,000
80,00090,00085,000
104,01663,466
BASE SALARY ($)
BASE SALARIES, BY FUNCTION
1 Compensation information is self-reported. Salary data was obtained from 85% of those graduates who were seeking employment and accepted a job offer by 3 months after graduation.
*Values excluded, sample size too small
CLASS OF 2015 EMPLOYMENT, BY INDUSTRY
CONSULTINGFINANCIAL SERVICESTECHNOLOGYCONSUMER GOODS, RETAILHEALTH CARE, PHARMA, BIOTECHENERGYMANUFACTURINGOTHER
34%24%18%10%
6%2%2%4%
CONSULTING, STRATEGYFINANCEGENERAL MANAGEMENTMARKETINGOPERATIONS, LOGISTICSOTHER
40%25%15%15%
3%2%
CLASS OF 2015 EMPLOYMENT, BY JOB FUNCTION
17161110
9876665433
5
CLASS OF 2015 OFFERS AND ACCEPTANCES*
BASE SALARIES, BY LOCATION
GRADUATESU.S. PERMANENT WORK AUTHORIZATIONNON-PERMANENT WORK AUTHORIZATION (U.S.)TOTAL GRADUATES SEEKING JOBS
SEEKING JOBS166
79245
%939092
#154
71225
%100
9699
#166
76242
TIMING OF OFFERS
LOCATIONUNITED STATESNORTHEAST (CT, ME, MA, NH, NJ, NY, RI, VT) BOSTON METRO NEW YORK METRO OTHERWEST (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) SAN FRANCISCO BAY AREA SEATTLE METRO OTHERMIDWEST (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI)SOUTH (AL, AR, FL, GA, KY, LA, MI, NC, SC, TN)SOUTHWEST (AZ, CO, NM, OK, TX)MID-ATLANTIC (DC, DE, MD, PA, VA, WV)OUTSIDE U.S.ASIAOTHERALL LOCATIONS
PERCENT (%)92512521
52010
918553853
100
MEDIAN125,000130,000140,000125,000110,000125,000125,000120,000120,000109,000132,500122,500125,000111,569110,000113,138125,000
MEAN125,032127,257131,784124,721109,857124,405128,363123,150111,667116,126124,500119,500125,429109,103115,792
97,064123,900
MAXIMUM170,000170,000170,000170,000144,000147,000147,000147,000130,000140,000160,000140,000140,000148,715148,715123,476170,000
MINIMUM75,00075,00085,00080,00075,00085,000
110,00090,00085,00096,000
100,00095,000
103,00063,46680,00063,46663,466
BASE SALARY ($)
BY GRADUATIONBY 3 MONTHS
AFTER GRADUATION
GRADUATESU.S. PERMANENT WORK AUTHORIZATIONNON-PERMANENT WORK AUTHORIZATION (U.S.)TOTAL GRADUATES SEEKING JOBS
*The graduation date for the full-time MBA class was June 13, 2015.
SEEKING JOBS166
79245
%848183
#140
64204
%989095
#162
71233
TIMING OF ACCEPTANCES
CLASS OF 2015 FULL-TIME EMPLOYMENT, BY LOCATION
WEST20%
NORTHEAST51%
SOUTHWEST5%
MIDWEST8%
Tuck’s Career Development Office was a tremendous support system during myjourney.”— CHRISTINA HOU T’15BY GRADUATION
BY 3 MONTHSAFTER GRADUATION
OUTSIDETHE U.S.
8%SOUTH5%
MID-ATLANTIC3%
the June 13,
6
TUCK CLASS OF 2015INTERNATIONAL STUDENTS ONLY
BASE SALARIES, BY FUNCTION
BASE MONTHLY SALARY ($)
FUNCTIONCONSULTING, STRATEGYFINANCE UNDERWRITING, ADVISING CORPORATE FINANCE PRIVATE EQUITY, VENTURE CAPITAL REAL ESTATEMARKETINGGENERAL MANAGEMENTOPERATIONS, LOGISTICSALL FUNCTIONS
PERCENT (%)442512
911
1610
5100
MEDIAN130,567125,000125,000118,500
**
120,000117,000128,000125,000
MEAN127,668122,565124,809119,167
**
119,889105,692116,000122,170
MAXIMUM170,000125,000125,000125,000
**
140,000125,000130,000170,000
MINIMUM63,466
114,000123,476114,000
**
100,00080,00090,00063,466
BASE SALARY ($)
LOCATIONUNITED STATESNORTHEAST (CT, ME, MA, NH, NJ, NY, RI, VT) BOSTON METRO NEW YORK METRO OTHERWEST (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) SAN FRANCISCO BAY AREA SEATTLE METROMIDWEST (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI)SOUTH (AL, AR, FL, GA, KY, LA, MI, NC, SC, TN) SOUTHWEST (AZ, CO, NM, OK, TX)OUTSIDE UNITED STATESASIAEUROPEOTHERALL LOCATIONS
*Values excluded, sample size too small
PERCENT (%)794230
66
271116
3
34
2113
44
100
MEDIAN125,000125,000125,000130,000110,000122,500125,000117,000
*
*140,000110,000110,000
*64,854
125,000
MEAN126,080125,185126,750131,667112,500123,375125,000122,636
*
*135,000104,395111,916
*80,486
122,170
MAXIMUM170,000170,000170,000135,000130,000140,000130,000140,000
*
*140,000135,000135,000
*113,138170,000
MINIMUM90,00090,00090,000
130,000100,000114,000120,000114,000
*
*125,000
63,46680,000
*63,46663,466
BASE SALARY ($)
BASE SALARIES, BY LOCATION
BASE SALARIES, BY INDUSTRY
PERCENT (%)34282515
376313
100
MEAN129,620119,941117,895124,861
*102,569121,250
***
122,170
MAXIMUM170,000140,000125,000125,000
*120,000140,000
***
170,000
MEDIAN135,000118,000125,000125,000
*100,000127,500
***
125,000
MINIMUM63,46680,00082,843
123,476*
82,84390,000
***
63,466
UNITED STATESCHINAASIA (EXCLUDING CHINA)
EUROPESOUTH AMERICAOTHER
79%7%6%4%3%1%
INTERNATIONAL T’15s,BY REGIONAL LOCATION
INDUSTRYCONSULTINGTECHNOLOGYFINANCIAL SERVICES INVESTMENT BANKING INVESTMENT MANAGEMENT OTHERHEALTH CARE, PHARMA, BIOTECHMANUFACTURINGCONSUMER GOODS, RETAILOTHER ALL INDUSTRIES
TECHNOLOGYCONSULTINGFINANCIAL SERVICES INVESTMENT BANKING INVESTMENT MANAGEMENT OTHERHEALTH CARE, PHARMA, BIOTECHMANUFACTURINGCONSUMER GOODS, RETAIL
32%30%25%18%
2%5%7%4%2%
INTERNATIONAL T’15s WORKING FULL TIME IN THE U.S., BY INDUSTRY
CONSULTINGFINANCIAL SERVICES INVESTMENT BANKING INVESTMENT MANAGEMENT OTHERTECHNOLOGYOTHER
47%27%
7%7%
13%13%13%
INTERNATIONAL T’15s WORKING FULL TIME OUTSIDE THE U.S., BY INDUSTRY
3MA.T. KearneyAbilToAffiliated Managers GroupAlta MotorsAlthenahealth, Inc.AmazonAmerican Express CompanyAmerica’s Test KitchenAnalogicAnalysis Group, Inc.AppleApptioAT&TAtlantic Tele-NetworkAutodesk Inc.Axia LimitedBain & CompanyBank of America Merrill LynchBarclaysBDC AdvisorsBeacon Capital PartnersBeacon Hill Financial StaffingBettermentBiogen Idec Inc.BMO Capital MarketsBond StreetBooz Allen Hamilton Inc.Boston 2024Boston Childrens HospitalThe Boston Consulting GroupThe Bridgespan GroupBristol-Myers SquibbBrooks Sports, Inc.Cabot CorporationCalare PropertiesCambridge AssociatesCanopy LLCCargill, Inc.CartesianCasey, Quirk & Associate LLCCBRE Group, Inc.Central Intelligence Agency (CIA)Charles River AssociatesThe Chartis GroupCisse Trading CompanyCitiCitizens Energy CorporationClean Marine EnergyClearSlideCleveland Indians Baseball CompanyCoatue ManagementCognizant Technology SolutionsColgate-PalmoliveColorado National BankComcastConAgra Foods, Inc.
ConverseCorning Inc.Credit SuisseCVS HealthDaineseDalberg Global Development AdvisorsDanaherDartmouth-Hitchcock Medical CenterDaVitaDBL InvestorsDeloitteDeutsche BankDimensional Fund AdvisorsDote, Inc.DraftKingsDtex SystemsDuPont CompanyThe Eastman Egg CompanyeBay Inc.EcoFactorEli Lilly & CompanyEndurance CompaniesESPartnersESPNEuropean Bank for Reconstruc- tion & DevelopmentEvercore PartnersEvolent HealthFacebookFidelityFiksuFort Point CapitalFrontier Capital Management CompanyGAPGE Energy Financial ServicesGenentech IncorporatedGeneral MillsGenzyme CorporationGMCR KeurigGoldman SachsGoogleGroupon, Inc.H&MHarris Williams & CompanyHarry’sHewlett-PackardHubSpotIGSIMS Consulting GroupIMS HealthInfosys LimitedInnosightInstitutional Capital NetworksIntel CorporationIntellia Capital
International Finance CorporationInverness Graham InvestmentInvescoIora HealthJ.M. Huber CorporationJ.P. MorganJello Labs, Inc.Johnson & JohnsonKate Spade New YorkKimberlite Advisors, L.L.C.Kin CommunityKing Real EstateKPMG ConsultingKraft FoodsKronos, Inc.Kurt SalmonL.E.K. ConsultingLand O’ LakesLazard Freres & CoLendingHome CorporationLeopard Capital, LPLexMar Global, Inc.Liberty MutualLos Alamos National LaboratoryMaine Venture FundMars & CompanyMcKesson CorporationMcKinsey & CompanyMcMaster-CarrMedallia, Inc.Medtronic, Inc.MetLifeMicrosoftMorgan StanleyMoveWithMuleSoftNational Park ServiceNestle Inc.NetAppNew BalanceNew Energy CapitalNew Relic, Inc.New York Life Real Estate InvestorsNextEra Energy ResourcesNordstromOettinger Davidoff GroupOnShapeOpowerOverseas Private Investment CorporationPandoraPantheon VenturesThe Parthenon GroupPearson Learning SolutionsPepsiCo Inc.PERI Group
Pete & Gerry’s OrganicsPingry SchoolPrimavera Capital GroupPrivateer HoldingsProvidencePrudentialQualcomm IncQuintiles Transnational Corp.Raymond James Financial, Inc.RBC Capital MarketsReebok InternationalRoland Berger Strategy ConsultantsRoomi, Inc.S.C. Johnson & Sons, Inc.SamsungSamyRoadSAP America, IncSatori ConsultingSchurz CommunicationsSentinel Private Asset ManagementSiemens CorporationSimple EnergySmartRecruitersSpirit Realty CapitalStaples, Inc.Starboard ValueSunEdison, LLCTamr Inc.Thermo Fisher ScientificThomson ReutersTopliff-Peak Enterprises, LLCTracksmithTripAdvisorTrophi Advisors LLCTuck School Center of Private Equity and EntrepreneurshipTwin Pines Housing TrustUberUBSUnder ArmourUnileverUnumThe Vanguard GroupVBI VaccinesVerizonVobileWalmart Stores, Inc.WayfairWhiteWave FoodsWindhorse Capital ManagementWindrose AdvisorsWiseBanyanWorld Fuel Services
EMPLOYERS HIRING MEMBERS OF THE CLASSES OF 2015 AND 2016
JONATHAN MASLAND – DIRECTOR
EXPERIENCECoopers & Lybrand, Alex. Brown & Sons, Robertson Stephens, Strategic Capital Resources, Revbox, and The Endeavor Initiative
EDUCATIONHarvard College, Wharton MBA
SECTOR FOCUSEnergy, Real Estate
MATHIAS MACHADO T’09
EXPERIENCEVolkswagen Group, Siemens, Booz & Co. (now Strategy&), and TomTom
EDUCATIONInstituto Tecnológico de Buenos Aires, Tuck MBA
SECTOR FOCUSTechnology, Industrial Goods and Services, International Students
ELIZABETH ZALDASTANI NAPIER T’91
EXPERIENCEMcKinsey & Co., General Mills, Welch’s, Harvard Business School; national non-profit, model high school, and private equity group in Eastern Europe.
EDUCATIONBrown University, Tuck MBA
SECTOR FOCUSConsumer Marketing, Education, Government, Nonprofit,Entrepreneurship, Private Equity
DEIRDRE O’DONNELL
EXPERIENCELehman Brothers; fixed income, global diversity recruiting
EDUCATIONSt. Lawrence University
SECTOR FOCUSFinance, Insurance, Investment Management
STEPHEN PIDGEON T’07
EXPERIENCEMcKinsey & Co., television and movie production
EDUCATIONUniversity of Westminster, Tuck MBA
SECTOR FOCUSConsulting; Health Care; Media, Sports, and Entertainment
TUCK CAREER DEVELOPMENT COACHESWWW.TUCK.DARTMOUTH.EDU/MBA/CAREER-ADVANTAGE/MEET-OUR-CAREER-COACHES
Career Development OfficeTuck School of Business at Dartmouth100 Tuck HallHanover, NH 03755-9000Tel: 603-646-2461
tuck.career.development@tuck.dartmouth.eduwww.tuck.dartmouth.eduwww.tuck.dartmouth.edu/careers
© 2016 Trustees of Dartmouth College. All rights reserved.