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2022 Tuck MBA Salary - By Industry & Function (36% Consulting)

Tuck MBA leads all US MBA programs for placements in Consulting (39% by function) and Healthcare/Biotech/Pharma (13% by Industry). The program’s graduates also secured the highest total salary in CPG/Retail at $150,000.

In this in-depth analysis of the Tuck MBA Employment trends and Salary for the 2021 Graduating Class, we cover:

Tuck MBA Salary by Industry (2021)
Tuck MBA Salary by Function (2021)
Tuck MBA Placement & Salary by Location (2021)
Tuck MBA Top Employers (2021)

Tuck MBA Salary by Industry (2021)

36% of Tuck MBA graduates secured placements in Consulting, while 13% entered the Healthcare industry with the total median salary matching the benchmark for consulting ($195,000) and exceeding the remuneration in the healthcare industry.

Tuck also has a healthy representation of Investment Banking offers (11%) – fourth only to NYU Stern, Columbia, and Wharton. By percentage, investment management hires were second only to Harvard, at 5%. However, the remuneration fell short of the $200,000 total median salary that has been the benchmark for the top three.

Among the schools with CPG/Retail representation, Tuck MBA graduates secured the highest total salary of $150,000, ahead of Berkeley Haas and Darden. The median base salary for CPG/Retail was lower than Haas by $2,000, but the bonus helped Tuck take the lead.

Note: No industry-wise breakdown of the sign-on bonus was provided. We have approximated the overall median sign-on bonus for the analysis.

Dartmouth Tuck MBA Salary by Industry Percent Hired Median Base Salary Median Sign-On Bonus Total Salary
Consulting 36% $165,000 $30,000* $195,000
Investment Banking 11% $150,000 $30,000* $180,000
Technology 15% $130,000 $30,000* $160,000
Healthcare/Biotech/Pharma 13% $125,000 $30,000* $155,000
Consumer Goods, Retail 5% $120,000 $30,000* $150,000
Investment Management 5% $135,000 $30,000* $165,000
* No data, overall median sign-on bonus used        

Tuck MBA Salary by Function (2021)

The percentage of students in consulting (39%) was the highest across all US MBA programs, with the median base and total median salary of $165,000 and $195,000,  respectively – matching the benchmark of the offers seen in top 10 US schools.

General management had the second-highest offers, tied with the percentage offers at Darden and Haas (14%).

Investment banking (11%) had the third-highest representation, tied with Chicago Booth and Wharton, across top US MBA programs, behind NYU Stern and Columbia. Like other consulting schools – Wharton and Columbia, the base salary for Investment Banking is $25,000 behind the offers seen in Finance schools (Stern and Chicago Booth).

Note: No function-wise breakdown of the sign-on bonus was provided.

Dartmouth Tuck MBA Salary by Function Percent Hired Median Base Salary Median Sign-On Bonus Total Salary
Consulting 39% $165,000 $30,000* $195,000
General Management 14% $130,000 $30,000* $160,000
Investment Banking 11% $150,000 $30,000* $180,000
Marketing 10% $120,000 $30,000* $150,000
Corporate Finance 5% $121,000 $30,000* $151,000
* No data, overall median sign-on bonus used        

Tuck MBA Placement & Salary by Location (2021)

97% of all Tuck graduates were placed in the US and only 3% internationally.

Boston (30%) and New York (22%) were the top two cities for Tuck graduates, clearly showing a preference for the East Coast over the West coast.

Of the 20% offers on the West coast, 10% were based in San Francisco.

Boston provided Tuck graduates with the highest median salary of $155,000, followed by New York ($150,000) and San Francisco ($145,000).

2% of international students were placed in Asia with a median bonus of $100,000.

Tuck MBA Top Employers (2021)

Dartmouth Tuck’s top employers were not ranked in any order.

Nearly a third of all firms hiring at Dartmouth Tuck was finance firms. 18% of firms belonged to the technology industry, represented by the regulars - Uber, Amazon, Apple, and IBM.

Only 14% of firms were consultancies, including MBB, EY, PwC, and Deloitte, even though the industry was a favorite for Tuck MBA candidates, hinting at the candidate’s less than a favorable preference for boutique consultancy companies.  

Related Services

F1GMAT’s Career Planning Service
F1GMAT’s Essay Review Service

Related Books

F1GMAT’s Tuck MBA Essay Guide
F1GMAT’s Winning MBA Essay Guide (Includes Tuck MBA Essay Tips and Samples)

Reference

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).

Download F1GMAT's Tuck MBA Essay Guide

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.