Berkeley Haas MBA Post-MBA Salary - Industry & Function (2023 Graduating Class)
The Berkeley Haas MBA Employment Report for 2023 reveals that from the 257 students - 89.9% of graduates actively sought employment, with 88.7% accepting offers.
The Berkeley Haas MBA Employment Report for 2023 reveals that from the 257 students - 89.9% of graduates actively sought employment, with 88.7% accepting offers.
The Duke Fuqua MBA Employment Report for 2023-24 reports an annual salary of $175,000 and a generous signing bonus of $30,000. The results highlight the school's diverse career services, with 80% of jobs facilitated internally.
Chicago Booth MBA Salary by Industry (2023)
In 2023, Chicago Booth MBA graduates experienced a range-bound compensation package where Finance and Consulting had some of the best offers while Technology was on the lower end of the spectrum for M7 schools.
Wharton and Harvard are in a tie with a median base salary of $175,000 per annum, whereas Stanford is at the top of the podium with a median base salary of $182,500. Although all three have Finance as their dominant industry, Stanford (39%), followed by Wharton (37.3%), leads the industry representation, with Harvard (33%) in third position.
In the 2023-24 Stanford Employment Report, Stanford MBA graduates demonstrated strong employment outcomes, with 89% accepting job offers and an 82% job offer rate. A notable 25% pursued entrepreneurial ventures, reflecting a spirit of innovation and enterprise fostered within the Stanford community.
The median base salary is $182,500, with a $50,000 median performance bonus and a $30,000 median signing bonus.
A notable 73% actively sought employment, marking a 2% uptick from the previous year. Conversely, 27% opted for alternate paths, with 13% forging entrepreneurial ventures supported by Harvard’s Rock Center, Harvard i-Lab, and Entrepreneurship Club and 11% benefitting from company sponsorship or existing employment.
Median Base salary of $175,000, median signing bonus of $30,000, and a performance bonus of $40,000 maintain the salary standards of the previous year.
With 42% of the class from an Engineering background and a large percentage (23%) from diverse industries, Tepper MBA is a favorite for engineers and career switchers interested in transitioning from core technology to Consulting, General Management, and Product Management (Industrial).
In this in-depth analysis of the Tepper Full-time MBA program, we cover:
The post-MBA Employment Report depicts the domination of the trio - Consulting, Finance, and Technology, at NYU Stern. A similar trend was observed at Wharton and Chicago Booth.
The presence of Healthcare recruiters in addition to Consulting, Finance, and Technology make Goizueta follow the trends of a top US MBA program. What differentiates the program is the $170,000 median base salary for Consulting that is $5000 higher than even top schools. Financial Services offer were also close to the $165,000 mark.
Vanderbilt follows the trend of US Business Schools with Consulting, Financial Service, and Technology among the top 3 industries. The big difference is in the functions. Marketing was the third popular among post-MBA functions, with equal representation seen in General Management and Operations Management. Business Analytics/Data Analytics, chosen by 5% of the class, is also a unique post-MBA function trend for a top 30 US School.
In the fourth and final part of the UCLA Anderson MBA salary Series for the 2022 graduating class, we cover top Employers recruiting at UCLA Anderson School of Management and the effectiveness of the Career Service team.
Amazon Inc. and McKinsey & Company emerged as the top hiring firms, each recruiting 20 or more students.
In the third part of the four-part series, we cover UCLA Anderson MBA placements and salary by US regions. The international placements are non-existent as most who are targeting UCLA Anderson intend to work in California post-MBA.
97.8% of the total placements in the UCLA Anderson MBA program 2022 were in the US, and only 2.2% were placed globally.
In the second part of the UCLA Anderson MBA Salary and Placement Series for the 2022 graduating class, we cover MBA Functions.
Management Consulting, constituting 23.40% of hires and led the functional representation at UCLA Anderson MBA, with the second highest median base salary of $170,000 and a $30,000 signing bonus.
Product Management follows closely, representing 15.80% of placements – a reflection of the aspirations of the large incoming class from the Technology industry.
Yale MBA stands out for its placements in consulting, with 54.3% of MBA graduates choosing consulting function and 46% entering the consulting industry. The peer schools - Ross and Haas, also fared well among the top consulting schools. 29% at HAAS and 35% at Ross was the hiring percentage for the Consulting function.
Tuck MBA leads all US MBA programs for placements in Consulting (51% by function) and Healthcare/Biotech/Pharma (9% by Industry).
The overall median annual salary at Duke Fuqua, as per the 2022-23 employment report, is $160,055, along with a $30,000 median signing bonus. The hiring organizations taking part in the recruitment were diverse - representing 77 public, 34 private, eight partnerships, four non-profits, three subsidiaries, and one government organization.
In 2022, salaries continued to rise at MIT Sloan, with the median base income rising to $165,000 and the average base salary rising 7.6% to $159,391. A significant portion of the overall employment packages was contributed by signing bonuses and other forms of projected pay. $30k was the average signing bonus for a top US MBA program.
The importance of design in solution is not universal in financial products or services but in Technology and Consulting, design determine usability, change in behavior and even the virality of the idea. Kellogg’s MMM – the Dual Degree program is catered to those who want to complete their MBA with a strong Engineering and design curriculum.
The recruiters from Consumer-Packaged Goods moved from the 1-year MBA to the 2-year MBA, primarily to save costs, while the decline in Technology hiring has been universal across all Kellogg MBA programs. The median salary for the Consulting industry remained at $175,000, while for Finance, Kellogg was $5,000 below the M7 schools.
For experienced applicants, Kellogg 1-year MBA program is an equally viable alternative to the 2-year program as is evident from the latest post-MBA salary trends where Consulting and Financial Services were similar to the offers in the 2-year program. However, the base salary for technology fell short of the 2-year counterpart by close to $30,000.
The Columbia MBA stands out among the M7 Schools for having the highest median sign-on bonus of $56,000 compared to the industry average of $50,000. The school drew the second-highest total compensation in investment banking - $225,000, in the same period.
The highest salary benchmark of Chicago Booth has continued to be $225,000 in Investment Banking & Diversified Financial Services – higher than the offers received by Wharton and Stanford MBAs.
Wharton’s strength in Finance was intact, with Investment Banking and the Private Equity industries attracting 24.3% of the hires, while 27.3% of the post-MBA job function was also in the Finance specialization.