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Prospective Graduate Students: Statistics
The 2008 Employment Statistics report presents a survey of employment
data from full-time MBA students at the Robert H. Smith School of Business,
who graduated in December 2007 and May 2008. The Smith School adheres to
MBACSC standards for gathering and reporting this data. The official MBA
Career Services Council standards can be viewed by accessing
www.mbacsc.org.
NOTE: 90.3% of seeking students placed within three
months.
Salary Statistics
Overall Compensation Packages
| Base Salary |
Mean |
Median |
High |
| U.S. Citizens / Permanent
Residents |
$88,929 |
$90,000 |
$125,000 |
| Foreign Nationals |
$75,523 |
$80,000 |
$105,000 |
| Total |
$85,225 |
$88,000 |
$125,000 |
|
| Signing Bonus |
Mean |
Median |
High |
| U.S. Citizens /
Permanent Residents |
$14,820 |
$15,000 |
$50,000 |
| Foreign Nationals |
$17,500 |
$20,000 |
$40,000 |
| Total |
$15,381 |
$15,000 |
$50,000 |
Career Choices By Industry
| Industry |
Percent of Class* |
| Financial Services |
27.8% |
| Consulting Services |
21.5% |
| Manufacturing |
11.4% |
| Technology |
10.1% |
| Other Services |
8.9% |
| Consumer Products |
6.3% |
| Pharma/BioTech/Healthcare
Products |
6.3% |
| Petroleum/Energy |
3.8% |
* Class is defined as number of full-time
MBA students seeking employment.
Career Choices By Function
| Function |
Percent of Class* |
| Finance/Accounting |
42.5% |
| Consulting |
22.5% |
| Marketing/Sales |
12.5% |
| Other |
8.8% |
| Operations/Production |
6.3% |
| General Management |
3.8% |
| MIS |
2.5% |
| Human Resources |
1.3% |
* Class is defined as number of full-time
MBA students seeking employment.
Geographic (Career Choice) Regions
| Region |
Percent of Class* |
| Mid-Atlantic |
54.5% |
| Northeast |
20.8% |
| International |
9.1% |
| Midwest |
7.8% |
| South |
5.2% |
| Southwest |
2.6% |
* Class is defined as number of full-time MBA students seeking
employment.
Detailed Compensation Statistics
Compensation by Industry
| Industry |
Mean |
Median |
High |
| Financial Services |
$92,863 |
$93,500 |
$120,000 |
| Consulting Services |
$81,647 |
$80,000 |
$117,000 |
| Manufacturing |
$79,833 |
$87,500 |
$95,000 |
| Technology |
$95,625 |
$100,000 |
$125,000 |
| Other Services |
$73,600 |
$75,000 |
$95,000 |
| Consumer Products |
$88,300 |
$90,000 |
$91,500 |
| Pharma/BioTech/Healthcare
Products |
$62,281 |
$65,000 |
$89,125 |
| Petroleum/Energy |
$96,666 |
$100,000 |
$105,000 |
Compensation by Function
| Function |
Mean |
Median |
High |
| Finance/Accounting |
$88,303 |
$90,000 |
$120,000 |
| Consulting |
$83,411 |
$85,000 |
$117,000 |
| Marketing/Sales |
$74,944 |
$88,000 |
$91,500 |
| Other |
$80,833 |
$90,000 |
$100,000 |
| Operations/Production |
$89,025 |
$78,000 |
$125,000 |
| General Management |
$87,500 |
$87,500 |
$90,000 |
Top Five Compensation by Region
| Region |
Mean |
Median |
High |
| Mid-Atlantic |
$85,419 |
$85,000 |
$125,000 |
| Northeast |
$90,093 |
$91,750 |
$95,000 |
| International |
$52,000 |
$49,000 |
$80,000 |
| Midwest |
$94,166 |
$90,000 |
$120,000 |
| South |
$93,750 |
$95,000 |
$110,000 |
Compensation by Undergraduate Major
| Major |
Mean |
Median |
High |
| Technical |
$91,284 |
$92,500 |
$117,000 |
| Business |
$88,739 |
$88,000 |
$125,000 |
| Other Majors |
$79,800 |
$85,000 |
$120,000 |
Compensation by Professional Experience
| Years of
Professional Experience |
Mean |
Median |
High |
| More than one year, up to
three years |
$86,562 |
$92,500 |
$115,000 |
| More than three years, up
to five years |
$82,142 |
$85,000 |
$125,000 |
| More than five years |
$91,333 |
$95,000 |
$120,000 |
Top Hiring Companies (in terms of number of
students hired)
- Air Products & Chemicals
- Bank of America
- Booz Allen Hamilton
- Citigroup
- Concentrance
- Constellation Energy
- Credit Suisse
- GeniusRocket
- IBM Business Consulting Services
- Johnson & Johnson
- Kimberly Clark
- M&T Bank
- T. Rowe Price
- Tata Consultancy Services
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