full-time mba employment report class of 2015 employment class of 2016 internships

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1 full-time mba employment report class of 2015 employment class of 2016 internships

2 Welcome Full-Time MBA Profile and Summary 2015 was an outstanding year for MBA employment in general, and for Simon employment in particular. 100 percent of our MBA Class of 2016 obtained an internship, while 96 percent of those seeking full-time employment in the obtained a position within three months. The number of postings from alumni and employers worldwide has grown exponentially. In addition, we have increased the number of corporate trips and treks, interviews in Rochester and New York City, sponsor companies for international students, new companies on the horizon, and other important metrics. Our career programming and staffto-student ratio are among the best in the country. Our 100,000+ strong University of Rochester alumni group is highly engaged and connected with our students, affording numerous opportunities for networking and interviews. We look forward to another good year and to interacting and working with you in the future. Karen Dowd karen dowd Assistant Dean Career Management and Corporate Engagement Get the career you want. CMC and Students City Visits The Career Management Center partners with student clubs to bring Simon talent to major cities around the country. In addition, the CMC attends several national career fairs and sponsors corporate tours Hours of CMC Training Career preparation begins before orientation with Day 1 and continues into the Simon EDGE program. Through CMC programming, students develop and hone integral skills for success in the job market. Strong MBA Student/ CMC Ratio Each full-time MBA student is assigned a personal career coach, who meets with the student, advises, helps prepare positioning materials, and facilitates networking opportunities. 1,270 Company Engagements The 400 connections made with new companies puts Simon at 1,270 engagements in the last year. Students were placed in the core functions of analytics, accounting, finance, marketing, pricing, operations, strategy, consulting, and more Average Years of Work Experience % Average Age 20% Financial Services Under-Represented US Minorities undergraduate majors 36% Business and Commerce 31% Engineering 19% Humanities 9% Math and Science 5% Economics Top career paths for Simon Business School students 15.6 % Consumer Products 14.4 % Technology 96 % Accepted Employment 3 Months Post Graduation $ 112,500 Average Total Compensation for Class of 2015* 12.2 % Consulting *Based on U.S. News & World Report calculations. All figures are accurate as of October 7, Calculations for salary-related figures were prepared in adherence to the MBA Career Services and Employer Alliance s Standards for Reporting MBA Employment Statistics. simon.rochester.edu 1

3 Full-Time MBA Compensation Class of 2015 $ 98, mean starting annual base salary for MBA graduates $ 18, mean signing bonus for MBA graduates Growth of MBA total package (salary plus bonus) versus prior year Full-Time MBA 73 % of Full-Time MBA graduates accepted positions from school-facilitated activities +11 % +7 % Placement Class of 2015 Growth of MBA placements from school-facilitated activities versus prior year 78 % Accepted Employment At Graduation Graduate Hires by Experience work experience Less than 3 years 3-5 years % hired 27.8% 30.0% range $50,000 $70,000 mean $94,000 $97,800 $125,000 Graduate Hires by Region 94.4% United States 5.6% International % hires / regions mean base salary Graduate Hires by Industry % hired / industry mean base salary 32.2% Financial Services $99, % Consumer Products $90,000 More than 5 years 42.2% $72,000 $101, % Northeast $96, % Technology $103,300 Graduate Hires by Function function % hired range mean 12.9% Midwest $98, % South $94, % Consulting $105, % Other $101, % Changed Functions From Pre-MBA Career Consulting Finance / Accounting General Management 14.4% 41.1% 10.0% $72,000 $50,000 $100,000 $110,364 $94,743 $110,000 $125,000 $120, % West $111, % Southwest $108, % Mid-Atlantic $90, % Manufacturing $89, % Government / Non-Profit $80, % Health Care $107,300 Marketing / Sales 24.4% $79,200 $97,974 $125, % Salary Increase Over Pre-MBA Career for Class of 2015 Information Technology / HR Operations / Logistics All 5.5% 3.3% 100% $75,000 $73,000 $50,000 $94,000 $79,000 $98,200 $110,000 $85,000 Simon uses cross-functional and cross-cultural teams to challenge you and make you an effective member of a team. Working with such diversity on group projects and assignments will be something I will still be thanking Simon for in years to come. Senthil Sevugan Senior Consultant Deloitte Consulting 2 simon.rochester.edu 3

4 Key Companies Hiring MBA Talent Classes of 2015 and 2016 Build the skills you need to get the career path you want. The Simon program fosters intellectual and interpersonal growth. It prepared me to work in fast-pace environments and tackle important business issues. It was more rigorous than I anticipated, but it is designed to force even the brightest students out of their comfort zones. Shay Freeman Senior Global Marketing Manager Medtronic MBA from Simon, Concentrating in Marketing Brand Management Track Brand Management Summer Associate at Johnson & Johnson Senior Global Marketing Manager at Medtronic 3M Accenture Access Insurance Company Akzo Nobel ALDI Amazon.com, Inc. American International Group, Inc. (AIG) AOL Inc. AT&T Avant Energy AXA Advisors, LLC Bain & Company Bank of America Corporation Bank SinoPac Barnes & Noble Booksellers, Inc. BASF Corporation Bayer AG Bergmann Associates Bigelow Tea Bloom Energy Boehringer Ingelheim GmbH Cathay Bank Ceres Technology Advisors, Inc. Charles River Analytics, Inc. Cigna Cisco Citigroup Cloudeeva Cognizant Colgate-Palmolive Company Computer Sciences Corp. Concur Technologies, Inc. Constellation Brands, Inc. Credit Suisse Daymon Worldwide, Inc. Dell Deloitte Deutsche Bank AG DIRECTV, LLC DTE Energy Company DZ Bank AG E.&J. Gallo Winery East West Bank Eastern Union Eastman Chemical Company Eastman Kodak Company Ecolab, Inc. Educational Pioneers EMC Corporation Ernst & Young Expedia, Inc. Exxon Mobil Corporation Facebook FBR & Co. FedEx Fiat Chrysler Automobiles Fisher-Price Gallup, Inc. Gartner, Inc. GateHouse Media, LLC General Electric Company Global Strategy Group Goldman Sachs Google Grant Thornton LLP GroupM Hewlett-Packard Development Company, L.P. Highmark, Inc. Houlihan Lokey HSBC Group IBM Corp. IMS Health Incorporated Infosys Limited Intel Corporation Johnson & Johnson Juniper Networks, Inc. Kaiser Permanente Kellogg Co. Keysight Technologies Kiewit Corporation King s Hawaiian Holding Co., Inc. KPMG LLP Kroll Bond Rating Agency, Inc. Levi Strauss & Co. Liberty Mutual Insurance M&T Bank Maine Pointe, LLC MaloneBailey, LLP Maxim Group, LLC McGraw Hill Education McKinsey & Company McNeil & Company, Inc. Medtronic, Inc. Mindspark Mitsubishi UFJ Financial Group, Inc. Moody s Investors Service, Inc. Morgan Stanley Mu Sigma Natixis Global Asset Management, S.A. Nestle Purina Nestle USA NetApp New York Jets Nike, Inc. Novo Nordisk Oracle Origlio Beverage Ovitz Corporation Pandora Media, Inc. Panduit Corp. Parker Hannifin Corp Paychex, Inc. Pernod Ricard Pitney Bowes, Inc. Price f(x) Priceline.com PricewaterhouseCoopers QUESNAY Razorfish Reckitt Benckiser Reflexite Energy Solutions Rich Products Corporation Rocket Internet Rockwell Automation, Inc. SanDisk Corporation Sling Media, Inc. Social Finance, Inc. (SoFi) SPX Corporation Standard & Poor s Financial Services LLC Standard Chartered SterlingBackcheck, Inc. Strategic Investment Management, LLC Sullivan, Cotter and Associates, Inc. Sundance Enterprises Inc. SupplyHouse.com Symantec Corporation Target Brands, Inc. Taylor Corporation The Briad Group The Broad Residency in Urban Foundation The Camden Group The Hertz Corporation The Home Depot U.S.A., Inc. The Raymond Corporation The Travelers Indemnity Company The Vanguard Group, Inc. Thermo Fisher Scientific, Inc. Towers Watson Toys R Us, Inc. Twitter UBS Uncommon Schools UniCredit Banking Group USARx.com USAA VCE Vertafore, Inc. Visa WalletHub (Evolution Finance, Inc.) ZS Associates, Inc. 4 simon.rochester.edu 5

5 Career Management Center No matter how good you are, we make you better. Simon Treks Current students meet at corporate locations with company recruiters and Simon alumni for company tours and sessions on a day in the life of the organization, while also learning what makes a candidate stand out in the hiring process. recruiting and interviewing SimonWorks job posting and interview scheduling service The Simon Talent Bank City Treks Simon in New York City Simon Talent Connection newsletter Campus-sponsored recruiting Open Doors alumni / student networking event Advisory Boards career preparation Simon offers the best finance program in a competitive yet collaborative culture. The personalized attention and opportunities to have a positive impact make Simon Business School a very desirable choice. Hua Wang Financial Management Associate Citigroup Financial Management Associate at Citigroup Recruiting Events Company recruiting events include special-themed networking functions, case competitions, student club collaborations, and panel discussions. Experiential Learning Projects Experiential learning projects offer students the chance to engage their new business skills with real-world challenges. On-Campus Recruiting Conduct on-campus or virtual interviews with recruiters. Networking events and company presentations prepare you to put your best foot forward. Day 1 career readiness program Power Hour Connections Got Mock? interview preparation Job Search Essentials Executives in Residence Global Career Fair Frenzy Acculturation and Job Search English for international students The American Mindset book and workshops MBA from Simon, Concentrating in Finance and Corporate Accounting PhD in Economics 6 simon.rochester.edu 7

6 Full-Time MBA Internships It s no accident that our students excel at work. Business is moving from an art form to a science. Simon is giving me the tools I ll need to be effective in the modern global environment. To sit in a classroom and learn statistics, analytics, pricing, and business principles is incredibly valuable. Tim Hayward MBA Candidate Class of 2016 Summer Associate at Bain & Company Received Law Degree Joined Net Impact and COTA at Simon Summer Associate at Bain & Company MBA Class of Average Years of Work Experience 28 Average Age 15% Under-Represented US Minorities undergraduate majors 36% Business and Commerce 25% Humanities and Social Science 23% Engineering 8% Math and Science 7% Economics internship acceptances class of 2016* 100% Accepted Internships internships by function, class of 2016 function % of hires Marketing / Sales 39.4% Finance / Accounting 22.5% General Management 15.5% Consulting 8.5% Operations / Logistics 8.5% Human Resources 2.8% Information Technology 1.4% Other 1.4% internships by industry, class of 2016 industry % of hires Financial Services 22.5% Technology 18.3% Consulting 12.7% Consumer Packaged Goods 11.3% Manufacturing 7.0% Non-Profit 7.0% Pharmaceutical / Biotechnology / Health Care Products 5.6% Other 5.6% Government 4.2% 100% Obtained Paid Internships Energy 2.8% Real Estate 1.4% Media / Entertainment 1.4% *Of those Full-Time MBA students eligible to seek internships 8 simon.rochester.edu 9

7 mba/ms admissions phone: career management center phone: simon.rochester.edu/careers