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2013 Tuck MBA Employment Report: Investment Management Lowest Paying & Consulting Most Popular

Tuck MBA Employment Report 2013Tuck MBA students have retained the median salary at $115,000 with the lowest salary dropping further by $9,000 at $56,000 compared to last year’s trend and highest salary reaching $175,000 a jump of $6,000. What most MBA applicants have asked us about the trends in Tuck MBA Employment report is the demand for Finance and Consulting jobs.

Job by Industry

30% of the job offers are in Financial Services, the majority of which are in Investment banking (14%) and a distant 2nd and 3rd are in Investment Management (7%) and Private Equity (2%). Incidentally, the lowest paying industry is Investment Banking with the low at $56,000 and the high at $130,000. 27% of Tuck MBAs looking for employment opted for consulting with the median salary at a healthy $135,000, the highs reaching $140,000 and the lows at a respectable $86,000. Technology and Consumer Goods/Retail were the third and fourth popular industries with 13% and 10% opting for them.

Job By Function

As expected 35% of the MBAs opted for consulting roles that paid a median salary of $132,500. The high commission associated with the job responsibilities might be one reason why ‘investment management’ fetched a low of $56,000 and a median salary of $100,000. Still, 33% of the class opted for Finance roles out which 11% chose ‘Underwriting and Advising’ roles. Private Equity/Venture Capital were the best job function in terms of compensation with the median salary at $135,000. Only 2% of the 266-class size opted for this job function. General Management continues to be a popular job function with 18% choosing it over Marketing (10%).

Some of the Recruiting Companies Include

• Amazon
• Bain & Co
• Bank of America
• Barclays
• Booz Allen
• BCG
• Cargill
• Deloltte
• EBay
• Google
• GE Electricals
• Intel
• JP Morgan
• KPMG
• L’Oreal USA
• Metlife
• McKinsey & Co
• Microsoft
• Morgan Stanley
• Pepsico
• P&G
• Samsung
• Symantec
• UBS

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Tuck MBA Essay Guide

Essay 1: Why are you pursuing an MBA and why now? How will the distinct Tuck MBA contribute to achieving your goals and aspirations? What particular aspects of Tuck will be instrumental in your growth? (300 words)

Essay 2: Tell us who you are. How have your values and experiences shaped your identity and character? How will your unique background contribute to Tuck and/or enhance the experience of your classmates? (300 words).

Essay 3: Describe a time when you meaningfully invested in someone else’s success without immediate benefit to yourself. What motivated you, and what was the impact? (300 words).

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About the Author 

Atul Jose

I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.

 

For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.

 

My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.

 

I am the author of the Winning MBA Essay Guide, the best-selling essay guide covering M7 MBA programs. I have written and updated the guide annually since 2013, which makes the 2026 edition the thirteenth.

 

The reason I still write and edit essays every cycle: a good MBA essay carries a real applicant's voice. Writing essays for F1GMAT's Books and Editing essays weekly is how I stay calibrated to what current admissions committees respond to.

 

Contact me for school selection, career planning, essay strategy, narrative development, essay editing, interview preparation, scholarship essay editing, or guidance documents for recommendation letters.