penn state smeal college of business 2018-2019 ...€¦ · *% placed includes: full-time job...
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Overall Outcomes Statistics Across All Business Majors
Penn State Smeal College of Business 1
Penn State Smeal College of Business
2018-2019 Undergraduate Outcomes ReportFull-Time | Internship | Co-op
Overall Outcomes Statistics: All Business Majors*
Penn State Smeal College of Business 2*Data was collected through an optional student survey distributed prior to Summer 2018, Fall 2018, and Spring 2019 commencements. We received 1,263 of 1,543 graduating student responses prior to graduation. Within three months of the graduating semester, 82 new records and 93 updates were added for a total knowledge rate of 87.4%.
Student Outcomes at Graduation by PopulationTotal Domestic International
Full-Time Employment 72.6% 79.5% 26%Post-Graduation Internship 1.9% 2% 1.2%
Military <1% <1% 1.7%Entrepreneurship <1% <1% 1.7%
Further Education/Fellowship 12% 7.5% 42.8%Still Seeking 12% 10% 26.6%
Students Reporting Internships/Co-ops 83.6% 81.4% 59.5%
$5,643Average
Signing Bonus
51%Received a Bonus$4,276
AverageRelocation Bonus
22%Received a Bonus
$61,377 Average
Starting Salary
+2.1%higher than
2017-2018 averagesalary ($60,093)
88% +6% from 2017-2018
of students were placed within three months of graduation. 82% of known information was collected at graduation.
85.3% of students with an internship were paid.
57.5%of students
reported 2 or more internships/co-ops
Full-Time Employment Statistics
Penn State Smeal College of Business 3
Students were offered positions in 32 states and international locations.
Student Placement by Geographic LocationPA: 34.3%
NY: 20.9%
NJ: 7.4%
VA: 5.2%
MA: 4.9%
TX: 3.1%
IL: 2.6%
MD, DC, CA: 2.4% each
Other States: Less than 1% each
All Other States: 0%
International: 1.7%
Salary by Geographic LocationMidwest: $65,846
West: $64,995
Northeast: $64,032
South: $61,136
Southwest: $60,015
Mid-Atlantic: $58,948
International: $52,360
Placement by Major Overview
Penn State Smeal College of Business 4
MajorPlacement by Student Population
Average Salary
Average Signing Bonus
% Receiving Signing Bonus
Average Relocation
Bonus
% Receiving Relocation
Bonus
Accounting91%
93% Domestic79% International
$59,855 $5,750 29% $3,917 5%
CIENT 66%** $49,958 $5,625 33% $5,000 8%
Finance88%
89% Domestic80% International
$65,470 $6,352 61% $5,311 18%
Management72%
73% Domestic50% International
$58,280 $5,500 41% $2,333 18%
Management Information Systems
83%86% Domestic
60% International$64,295 $5,033 68% $2,000 14%
Marketing85%
85% Domestic75% International
$54,404 $4,420 45% $4,206 31%
Risk Management: Actuarial Science
88%94% Domestic
71% International$70,396 $6,604 71% $2,600 18%
Risk Management: Enterprise
89%92% Domestic
71% International$59,727 $5,265 55% $2,750 13%
Risk Management: Real Estate 77%** $68,583 $5,000 14% N/A 0%
Supply Chain and Information Systems
92%95% Domestic
70% International$62,567 $5,360 64% $4,390 45%
*% placed includes: Full-time job offers, further education/fellowship, entrepreneurship, post-graduate internship, and military. **Placements rates are given for international and domestic populations by major when there is enough data to report per population.
Top Hiring Companies (Full-Time)
Penn State Smeal College of Business 5
64hires
31hires
59hires
33hires
54hires
20+ Hires Grant Thornton International, PNC Financial Services
15-19 Hires IBM, JPMorgan Chase & Co.
10-14 Hires
Bank of America Corp, Citi, Johnson & Johnson, Lockheed Martin, PepsiCo, Ross Stores, RSM International, TJX Companies
5-9 Hires
A. Duie Pyle, ALDI, Amazon.com, Baker Tilly, BlackRock, Bloomberg, Boeing, Dick’s Sporting Goods, Mars Incorporated,
Northwestern Mutual, Prudential Financial, Saudi Aramco, Textron, Vanguard
3-4 Hires
Abercrombie & Fitch, Accenture, ADP, American Eagle Outfitters, Apex Tool Group, BAE Systems, BDO, BNY Mellon, Burlington, Campbell Soup Company, Capital One, Cigna, Clark Associates,
CohnReznick, Dell, ExxonMobil Corp., Ferguson, Goldman Sachs, Intel, Kraft Heinz, L’Oréal, Marriott International, Nestlé USA, PPG Industries, QVC, Siemens, TE Connectivity, Ltd., The Hershey Company, Third Bridge Group Limited, Wells Fargo
1-2 Hires 317 additional companies!
Top Hiring Companies (Internship/Co-Op)
Penn State Smeal College of Business 6
62hires
36hires
44hires
25hires
30hires
15-20 Hires • PepsiCo • Textron
10-14 Hires
• Boeing • Citi • Northwestern Mutual • Morgan Stanley
• Siemens• TJX Companies• TE Connectivity Ltd.
5-9 Hires
• AIG • ALDI• Altria • Amazon.com • Baker Tilly • BNY Mellon • Burlington • Clark Associates• Comcast • Dick’s Sporting Goods
• DLL Financial Services • Grant Thornton
International• Kimberly-Clark • Kohl’s• Mars Incorporated• Merck & Co. • Nestlé USA• New York Life
Insurance Company
• Pfizer• PPG Industries • Prudential Financial • Ross Stores • Target • The Hershey Company • UBS• UPMC
3-4 Hires
• Aetna• ARAMARK• Automotive Rentals,
Inc.• BAE Systems• BDO • Bloomberg • CBRE Group, Inc.• Cigna • Cisco• Cushman & Wakefield• Clark Associates• CVS• Danone• DHL• DuPont• ETS• Edward Jones
Investments• EisnerAmper• Estée Lauder
• Exelon• First Data• First Quality• GE• Genworth Financial• Health Union, LLC• IBM• ICBC • Ingersoll Rand• Intel• Kennedy-Catalano
Advisors• Laborocity• Leaf Commercial
Capital, Inc.• Macy’s• Meridian Bank• Mondelez International• Proctor & Gamble• PITT OHIO
• Publicis Media• Reckitt Benckiser • RKL, LLP• Rockwell Automation• RSM International• Sanofi Pasteur• Schneider Downs• SEI• Toll Brothers• Transamerica• Univest Bank and Trust• UPS• Urban Outfitters• Urish Popeck & Co.,
LLC• Vanguard • Victaulic• Volvo• Walmart
1-2 Hires 855 additional companies!
29hires
31hires
21hires
21hires
Full-Time Industries and Functions
Penn State Smeal College of Business 7
Financial Services: 21%
Accounting: 20%
Consumer Products/Retail: 14%
Consulting Services: 13%
Tech/Science: 8%
Manufacturing: 4%
Pharma/Biotech/Health: 4%
Real Estate: 2%
Petroleum/Energy: 1%
Transportation: 1%
Other: 10%
Full-Time Employment by Industry
Finance/Accounting: 39%
Consulting: 18%
Marketing/Sales: 12%
Operations: 8%
Logistics/Transportation: 6%
General Management: 3%
MIS: 1%
Human Resources: <1%
Other: 11%
Full-Time Employment by Function
Placement by Major: Accounting
Penn State Smeal College of Business 8
Overall Student Outcomes (Knowledge Rate: 311/369, 84%)
Full-Time Offers 65%MAcc Students Specifically - Full-Time Offers 95%
Further Education/Fellowship 23%Post-Graduation Internship 2%
Military <1%Entrepreneurship <1%
Still Seeking 9%% with 1+ internship 84%
- KPMG 41 - PwC 36 - Deloitte 23 - EY 18 - RSM International 8
- Baker Tilly 5 - CohnReznick 4 - PNC Financial Services 3 - Grant Thornton
International 3
+ Due to space constraints, companies are only listed if they hired three or more students.
- PwC 41 - KPMG 34 - Deloitte 20 - EY 19 - Baker Tilly 6 - PNC Financial Services 5 - Grant Thornton
International 5
- BDO 4 - RSM International 4 - Urish Popeck & Co., LLC 4 - BAE Systems 3 - JPMorgan Chase & Co. 3 - Pfizer 3 - Schneider Downs 3 - TE Connectivity, Ltd. 3
Average Salary - Full-Time: $59,855 yearly, 1% more than
2017-2018 - Intern: $24.19 hourly - 84% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $5,750 - Percentage of students receiving a
bonus: 29%
Relocation Bonuses - Average Relocation Bonus: $3,917 - Percentage of students receiving a
bonus: 5%
Full-Time Employment by Function
Full-Time Employment by Industry
Finance/Accounting: 87%
Consulting: 8%
Other: 5%
Accounting: 74%
Financial Services: 12%
Manufacturing: 3%
Consulting Services: 2%
Consumer Products/Retail: 2%
Other: 10%
Top Hiring Companies: Full-Time+
Top Hiring Companies: Internships+
Placement by Major: Corporate Innovation and Entrepreneurship
Penn State Smeal College of Business 9
Overall Student Outcomes (Knowledge Rate: 24/30, 80%)
Full-Time Offers 58%Further Education/Fellowship 4%
Entrepreneurship 4%Still Seeking 33%
% with 1+ internship 86%
Top Hiring Companies: Full-Time* - Oracle 3 - Beacon Hill Staffing Group 2
*To maintain student confidentiality, companies who hired one Penn State student are not reported here.
Average Salary - Full-Time: $49,958 yearly, 13% less than 2017-2018 - Intern: $16.38 hourly - 89% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $5,625 - Percentage of students receiving a bonus: 33%
Relocation Bonuses - Average Relocation Bonus: $5,000 - Percentage of students receiving a bonus: 8%
Top Hiring Companies: Internships* - None to report
Full-Time Employment by Function
Marketing/Sales: 33%
Consulting: 17%
General Management: 17%
Finance/Accounting: 8%
Human Resources: 8%
Operations/Production: 8%
Other: 8%
Tech/Science: 25%
Consulting Services: 25%
Financial Services: 17%
Sports/Leisure: 8%
Petroleum/Energy: 8%
Other: 17%
Full-Time Employment by Industry
Placement by Major: Finance
Penn State Smeal College of Business 10
Overall Student Outcomes (Knowledge Rate: 368/418, 88%)
Full-Time Offers 74%Further Education/Fellowship 11%Post-Graduation Internship 2%
Military <1%Entrepreneurship <1%
Still Seeking 12%% with 1+ internship 84%
- Deloitte 20 - JPMorgan Chase & Co. 17 - PNC Financial Services 11 - Citi 9 - PwC 9 - Bank of America Corp. 8
- EY 8 - Grant Thornton
International 7 - Vanguard 6 - KPMG 5 - Textron 5
+ Due to space constraints, companies are only listed if they hired five or more students.
- JPMorgan Chase & Co. 24 - Bank of America Corp. 16 - Citi 11 - Morgan Stanley 9 - PwC 9
- PNC Financial Services 9 - Textron 7 - Deloitte 7 - Siemens 7 - BNY Mellon 6
Average Salary - Full-Time: $65,470 yearly, 1% more than
2017-2018 - Intern: $27.22 hourly - 86% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $6,352 - Percentage of students receiving a
bonus: 61%
Relocation Bonuses - Average Relocation Bonus: $5,311 - Percentage of students receiving a
bonus: 18%
Full-Time Employment by Function
Full-Time Employment by IndustryTop Hiring Companies: Full-Time+
Top Hiring Companies: Internships+
Financial Services: 49.5%
Consulting Services: 17%
Accounting: 7%
Manufacturing: 4%
Tech/Science: 4%
Consumer Products/Retail: 3.5%
Pharma/Biotech/Health: 3%
Real Estate: 1%
Other: 11%
Finance/Accounting: 62%
Consulting: 23%
General Management: 2%
Other: 13%
Placement by Major: Management
Penn State Smeal College of Business 11
Overall Student Outcomes (Knowledge Rate: 53/58, 91%)
Full-Time Offers 51%Further Education/Fellowship 15%Post-Graduation Internship 2%
Military 3%Still Seeking 28%
% with 1+ internship 70%
Full-Time Employment by Function
Full-Time Employment by Industry
Top Hiring Companies: Full-Time*
Top Hiring Companies: Internships*
Consulting: 29%
General Management: 18%
Human Resources: 12%
Marketing/Sales: 12%
Finance/Accounting: 6%
Logistics/Transportation: 6%
MIS: 6%
Other: 11%
Consulting Services: 41%
Consumer Products/Retail: 12%
Tech/Science: 12%
Transportation: 12%
Government/Education: 6%
Other: 18%
*To maintain student confidentiality, companies who hired one Penn State student are not reported here.
- EY 3 - A. Duie Pyle 2 - Aerotek 2
- Amazon.com 2 - Oracle 2
- Kohl’s 2 - Penn State 2
Average Salary - Full-Time: $58,280 yearly, 9%
more than 2017-2018 - Intern: $21.44 hourly - 83% of junior year internships
were paid
Signing Bonuses - Average Signing Bonus: $5,500 - Percentage of students receiving a
bonus: 41%
Relocation Bonuses - Average Relocation Bonus: $2,333 - Percentage of students receiving a
bonus: 18%
Placement by Major: Management Information Systems
Penn State Smeal College of Business 12
Overall Student Outcomes (Knowledge Rate: 36/44, 82%)
Full-Time Offers 69%Further Education/Fellowship 11%
Military 3%Still Seeking 17%
% with 1+ internship 91%
Full-Time Employment by Function
Full-Time Employment by Industry
Top Hiring Companies: Full-Time*
Top Hiring Companies: Internships*
*To maintain student confidentiality, companies who hired one Penn State student are not reported here.
- Deloitte 3 - KPMG 3 - EY 2
- Oracle 2 - IBM 2
- KPMG 3 - Cisco 2 - Deloitte 2
- Exelon 2 - r4 Technologies 2
Average Salary - Full-Time: $64,295 yearly, 3%
more than 2017-2018 - Intern: $22.13 hourly - 94% of junior year internships
were paid
Signing Bonuses - Average Signing Bonus: $5,033 - Percentage of students receiving a
bonus: 68%
Relocation Bonuses - Average Relocation Bonus: $2,000 - Percentage of students receiving a
bonus: 14%
Consulting: 55%
MIS: 14.5%
Marketing/Sales: 14.5%
Logistics/Transportation: 4.5%
Other: 14.5%
Consulting Services: 36%
Tech/Science: 13.5%
Accounting: 9%
Pharma/Biotech/Health: 9%
Financial Services: 4.5%
Real Estate: 4.5%
Non-profit: 4.5%
Other: 18%
Placement by Major: Marketing
Penn State Smeal College of Business 13
Overall Student Outcomes (Knowledge Rate: 203/227, 89%)
Full-Time Offers 74%Further Education/Fellowship 6%Post-Graduation Internship 3%
Entrepreneurship <1%Military 1%
Still Seeking 15%% with 1+ internship 83%
- Oracle 13 - TJX Companies 8 - PepsiCo 3
- The Hershey Company 3 - Johnson & Johnson 3 - Burlington 3
+ Due to space constraints, companies are only listed if they hired three or more students.
- Penn State 14 - TJX Companies 8 - Johnson &
Johnson 5 - PepsiCo 5 - Altria 5 - Macy’s 4 - Ross Stores 4
- Sanofi Pasteur 4 - Textron 4 - Burlington 3 - Cushman & Wakefield 3 - Health Union, LLC 3 - KPMG 3 - Target 3
Average Salary - Full-Time: $54,404 yearly, 1% more than
2017-2018 - Intern: $17.60 hourly - 80% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $4,420 - Percentage of students receiving a
bonus: 45%
Relocation Bonuses - Average Relocation Bonus: $4,206 - Percentage of students receiving a
bonus: 31%
Full-Time Employment by Function
Full-Time Employment by Industry
Top Hiring Companies: Full-Time+
Top Hiring Companies: Internships+
Marketing/Sales: 65%
General Management: 7%
Consulting: 6%
Finance/Accounting: 3.5%
Logistics/Transportation: 3%
Operations: 3%
Other: 13%
Consumer Products/Retail: 37%
Tech/Science: 18%
Pharma/Biotech/Health: 9%
Consulting Services: 7%
Financial Services: 6%
Media/Entertainment: 3%
Other: 22%
Placement by Major: Risk Management - Actuarial Science
Penn State Smeal College of Business 14
Overall Student Outcomes (Knowledge Rate: 25/29, 86%)
Full-Time Offers 72%Further Education/Fellowship 16%
Still Seeking 12%% with 1+ internship 76%
- Deloitte 2 - Genworth Financial 2
- PwC 2
- Deloitte 2 - Genworth Financial 2 - Highmark 2 - Kennedy-Catalano
Advisors 2
- Liberty Mutual Insurance 2
- Prudential Financial 2 - PwC 2
Average Salary - Full-Time: $70,396 yearly, 1.5% more than
2017-2018 - Intern: $24.66 hourly - 89% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $6,604 - Percentage of students receiving a
bonus: 71%
Relocation Bonuses - Average Relocation Bonus: $2,600 - Percentage of students receiving a
bonus: 18%
Full-Time Employment by Function
Full-Time Employment by Industry
Top Hiring Companies: Full-Time*
Top Hiring Companies: Internships*
Actuarial: 41%
Consulting: 23.5%
Finance/Accounting: 17.5%
Human Resources: 6%
Other: 12%
Financial Services: 35%
Consulting Services: 17.5%
Insurance: 17.5%
Pharma/Biotech/Health: 12%
Accounting: 6%
Other: 12%
*To maintain student confidentiality, companies who hired one Penn State student are not reported here.
Placement by Major: Risk Management - Enterprise Risk Management
Penn State Smeal College of Business 15
Overall Student Outcomes (Knowledge Rate: 46/55, 84%)
Full-Time Offers 74%Further Education/Fellowship 15%
Still Seeking 11%% with one internship 76%
- PNC Financial Services 5 - PwC 4 - KPMG 3 - Deloitte 3
- Prudential Financial 2 - Grant Thornton
International 2
- PwC 4 - PNC Financial Services 4 - Bank of America Corp. 3
- Prudential Financial 2 - Transamerica 2
Average Salary - Full-Time: $59,727 yearly, 3.5% more
than 2017-2018 - Intern: $32.80 hourly - 80% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $5,265 - Percentage of students receiving a
bonus: 55%
Relocation Bonuses - Average Relocation Bonus: $2,750 - Percentage of students receiving a
bonus: 13%
Full-Time Employment by Function
Full-Time Employment by Industry
Top Hiring Companies: Full-Time*
Top Hiring Companies: Internships*
Consulting: 43%
Finance/Accounting: 16.5%
Marketing/Sales: 10%
Logistics/Transportation: 3%
Operations: 3%
Other: 23%
Financial Services: 40%
Consulting Services: 26.5%
Accounting: 20%
Petroleum/Energy: 3%
Transportation: 3%
Other: 6.5%
*To maintain student confidentiality, companies who hired one Penn State student are not reported here.
Placement by Major: Risk Management - Real Estate
Penn State Smeal College of Business 16
Overall Student Outcomes (Knowledge Rate: 13/14, 93%)
Full-Time Offers 54%Further Education/Fellowship 7.5%Post-Graduation Internship 7.5%
Entrepreneurship 7.5%Still Seeking 23.5%
% with 1+ internship 69%
Top Hiring Companies: Full-Time* - No companies to report
*To maintain student confidentiality, companies who hired one Penn State student are not reported here.
Average Salary - Full-Time: $68,583 yearly, 18.5% more than 2017-2018 - Intern: $16.70 hourly - 100% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $5,000 - Percentage of students receiving a bonus: 14%
Top Hiring Companies: Internships* - CRBE Group, Inc. 2
Full-Time Employment by Function
Finance/Accounting: 86%
Marketing/Sales: 14%
Real Estate: 86%
Financial Services: 14%
Full-Time Employment by Industry
Placement by Major: Supply Chain and Information Systems
Penn State Smeal College of Business 17
Overall Student Outcomes (Knowledge Rate: 261/299, 87%)
Full-Time Offers 85%Further Education/Fellowship 5%Post-Graduation Internship 1%
Military <1%Entrepreneurship <1%
Still Seeking 8%% with 1+ internship 84%
- Deloitte 9 - PepsiCo 9 - Lockheed Martin 8 - Oracle 8 - Dick’s Sporting Goods 7 - Grant Thornton
International 7
- IBM 7 - Ross Stores 7 - KPMG 5 - Boeing 4 - Johnson & Johnson 4 - L’Oréal 4
+ Due to space constraints, companies are only listed if they hired four or more students.
- Johnson & Johnson 21 - PepsiCo 9 - Dick’s Sporting Goods 6 - Boeing 6 - Amazon.com 6 - Clark Associates 5
- PPG Industries 5 - Ross Stores 5 - DuPont 4 - Kimberly-Clark 4 - The Hershey Company 4 - UPS 4
Average Salary - Full-Time: $62,567 yearly, 4% more than
2017-2018 - Intern: $21.54 hourly - 89% of junior year internships were paid
Signing Bonuses - Average Signing Bonus: $5,360 - Percentage of students receiving a
bonus: 64%
Relocation Bonuses - Average Relocation Bonus: $4,173 - Percentage of students receiving a
bonus: 45%
Full-Time Employment by Function
Full-Time Employment by IndustryTop Hiring Companies: Full-Time+
Top Hiring Companies: Internships+
Operations: 31%
Logistics/Transportation: 24%
Consulting: 20%
MIS: 3.5%
Marketing/Sales: 3%
Finance/Accounting: 2%
General Management: 1.5%
Other: 14%
Consumer Products/Retail: 30%Consulting Services: 13%Tech/Science: 12.5% Manufacturing: 10%Pharma/Health/Biotech: 7%Transportation: 4%Petroleum/Energy: 4%Accounting: 2%Financial Services: 1.5%Government/Education: 1%Sports/Leisure: 1%Real Estate: <1%Other: 12.5%
Student Engagement Report
Penn State Smeal College of Business 18
62%OF STUDENTS WERE INVOLVED IN 1+ SMEAL ORGANIZATION
32%OF STUDENTS PARTICIPATED IN 1+ CASE COMPETITION
43%OF STUDENTS HAD AN INTERNATIONALEXPERIENCE
OF STUDENTS COMPLETED RESEARCH
22%
Thank You to Our Corporate Partners!
Penn State Smeal College of Business 19