Tuck is located in New Hampshire, USA and offers a top-class MBA program. Tuck MBAs received a median salary of $115,000. The lowest salary was $65,000 and the highest was at $169,000.
A detailed analysis reveals the range of sectors and functions on offer for Tuck MBA graduates.
Employment by Sector
Consulting rules the roost at Tuck accounting for a large 36% of the graduates. Salaries ranged from $130,000 to $90,000, with a median salary of $140,000 This was well above the next best median salary of $110,000 for the Technology and the Healthcare, Pharmaceuticals & Biotech sectors.
Financial Services hired 22% of the class, with a median salary of $100,000. The lowest salary was $90,000, while the highest salary was $169,000, the top among all sectors. Within Financial Services, Investment Banking dominated with 10% of the class, for a median salary of $100,000. Investment Management and Private Equity & Venture Capital both had 4% each, the former with a median salary of $110,000 and the latter with a high $125,000.
Consumer Goods & Retail
13% of the class was hired by the Consumer Goods & Retail sector, an excellent performance when compared to most other top B-Schools. Salaries ranged from $80,000 to $135,000 with a median salary of $100,000.
The technology sector’s 11% hiring is another healthy trend at Tuck. It had the second highest salary of any sector - $150,000. The lowest salary was $65,000, giving median earnings of $110,000.
Employment by Function
Tuck has classified students under the Strategy function – a practice not seen in other schools, and this accounts for a massive 45% of the class. While a majority of this function probably consists of consultancy jobs, it could also include finance, marketing or other strategy roles. It had the highest median salary of $126,000, with a range of $65,000 to $140,000.
20% of the job functions were occupied by Finance roles, with a median of $100,000 and a range of $90,000 to $169,000 – which accounts for the highest salary of any job function. Private Equity & VC roles and Underwriting & Advising roles had 6% each with medians of $124,000 and $100,000 respectively. Corporate Finance took up 4% of the class at $100,000 while Investment & Private Wealth Management took 3% at $110,000.
Tuck’s string showing in Marketing continues, with 19% hired for Marketing roles. The median salary was $100,000, from a range of $65,000 to $127,000.
The General Management function saw 12% of the class being placed, for the second highest median salary of $115,000 and a range of $81,000 to $151,000.
Some of the top recruiters include:
• Bain & Company
• Biogen Idec
• Boston Consulting Group
• British Telecom
• Deere & Company
• eBay Inc.
• McKinsey & Company
• Procter & Gamble
• Time Inc.
Career Development Office
Tuck's CDO provides a planned sequence of opportunities to discover the career possibilities before deciding on the right career path and then finding employment in it.
Sector Smarts Series
• Designed for career changers
• Introduces 1st-year students to the entire range of sectors
• Is held in the beginning of September
Tuck Career Advisor Program
• For 2nd-year students
• Pairs with mentors at the top level in their professions
• From Tuck's board of overseers and senior alumni
• Mentors provide strategic career advice and answer questions
Workshops and Career Panels
• A host of workshops as well as panels to prepare for, and support the job search
• Cover letters
• Interview etiquette
• Industry-focused panels
• Resume reviews
• Mock interviews
• Experts and executives from diverse areas share insights and advice via panels as well as one-to-one sessions.
• In the fall for second-year students
• In the winter for first-year students
• Companies from a wide range of sectors hire
• Expose students to different companies
• Can learn more about companies coming for on-campus recruitment
• After briefings, open exchanges are held for individual conversations
• Individual Counseling
• One-on-one attention
• Students partner with an associate director who is an industry liaison
• Helps focus the job search
• Teaches about writing excellent resumes
• Improves interview performance
• Also available well after graduation
• To industry hubs around USA and Asia
• Meets with top companies
• Finance Club goes to Wall Street
• Consulting Club goes to Boston
• Technology Club goes to Silicon Valley and Boston
• Health Care club goes to San Francisco and Boston
• Asia Business Club goes to Asia
• Visiting executives
• Allwin Initiative for Corporate Citizenship
• Company briefings
• Alumni panels
• Tuck's research centers
The Maynard Entrepreneurial Internship Program
• Summer internships and workshops for entrepreneurial ventures.
• Some students receive additional stipends for interning at startups below $50 million in revenue and/or less than 200 employees.
Nonprofit Internship Support: Tuck GIVES
• The Tuck Nonprofit Club's annual fundraising event helps make nonprofit internships financially viable
Tuck Nonprofit Fellows Program
• Mentoring, network support and financial aid for working in qualified nonprofit or public companies.
|Base Salaries by Industry||Percentage||Mean||Median||Min||Max|
|Private Equity, Venture Capital||4%||1,31,000||1,25,000|
|Consumer Goods, Retail||13%||1,02,000||1,00,000||80,000||1,35,000|
|Healthcare, Pharmaceuticals, Biotech||4%||1,04,000||1,10,000||81,000||1,20,000|
|Base Salaries by Function||Percentage||Mean||Median||Min||Max|
|Private Equity, Venture Capital||6%||1,24,000||1,20,000|
|Underwriting and Advising||6%||1,00,000||1,00,000|
|Investment, Private Wealth Management||3%||1,17,000||1,10,000|
|Sales and Trading||1%|
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