Eller College of Management MBA Employment

Transcription

1 Eller College of Management 2015 MBA Employment REPORT

2 CONTENTS 1 Career Management Team Year in Review 3 Class Profiles 4-5 Employment Summary 6-8 Employment & Salary Statistics Internship Summary 12 Organizations Recruiting and Hiring Eller MBA Students 13 Spring 2016 Important Dates 13 How to Connect With Us This report conforms to the MBA Career Services & Employer Alliance Standards for Reporting MBA Employment Statistics The University of Arizona (1/2016). This publication produced by Eller MBA Programs. Cover Photo: Tim Fuller

3 2015 Employment Report Career Management Team Jen Maiorany Director MBA Career Management Chang-Hong Moo Assistant Director MBA Career Management Gloria Verdin Manager MBA Employer Relations Photos Courtesy of Tom Veneklasen The University of Arizona Eller College of M Eller MBA Eller College of Management The University of Arizona McClelland Hall 210 PO Box Tucson, AZ Fax: ellermba.arizona.edu twitter.com/uaellermba facebook.com/ellermbaprograms instagram.com/ellermba 13

4 2015 YEAR IN REVIEW It is our pleasure to present this year s Eller MBA Employment Report. The Career Management team, in partnership with students, faculty, and business leaders, plays a critical role in supporting MBA candidates as they develop their professional competencies and transition to new fields, functions, and industries. From résumé and cover letter writing, to mock interviews and career treks, each program experience is provided to offer students real-world scenarios and prepare them for all future professional endeavors. Eller MBA is part of a diverse, close-knit learning community that is immersed in the culture of a large university. We develop ethical and innovative leaders through transformational experiences by leveraging our experiential learning opportunities, world-class faculty, and collaborative, energizing environment. The program s small class sizes and low faculty-to-student ratio, offer students unique opportunities to develop the business acumen and leadership skills sought by employers. Our program prides itself on developing innovative business leaders who can drive bottom line results. In 2015, we continued to be ranked competitively by US News & World Report. Among public universities, Eller MBA was ranked #30. Furthermore, US News & World Report ranked our McGuire Center for Entrepreneurship as #11 and our MIS program as #3. These honors speak to the extraordinary value our students bring to employers across the globe. With this employment report, we are thrilled to share our accomplishments with you and invite you to join us in celebrating our successes and being part of our future! Hope Jensen Schau Associate Dean of Eller MBA Programs Professor of Marketing Gary M. Munsinger Chair in Entrepreneurship and Innovation Jennifer Maiorany Director MBA Career Management Photos Courtesy of Tom Veneklasen 42

5 Class Profiles Eller MBA students come from a diverse mix of geographic, academic, professional, and cultural backgrounds. Our reputation around the globe has resulted in a student population that represents 5 countries and 15 states. The students varied experiences directly contribute to the robust and unique environment that defines the Eller experience. DEMOGRAPHIC PROFILE CLASS OF 2017 CLASS OF 2016 Enrollment Average GMAT Average Years of Professional Experience Average Age Females 41.0% 23.0% Minorities 17.1% 13.0% International 46.3% 35.0% UNDERGRADUATE MAJORS Business/Economics/ Finance/Management CLASS OF 2017 CLASS OF % 22.5% Math/Science/Engineering 61.0% 22.5% Liberal Arts/Social Science 7.0% 22.5% Other 12.0% 32.5% 35

6 Career exploration begins the moment students arrive on campus and continues throughout their Eller MBA experience. Students actively explore various industries, functions, and career paths through a multitude of avenues, including information sessions, interviews, workshops & panels, site visits, and networking events. The Career Management team works diligently to assist individuals in finding companies where fit and values align for both students and employers. Class of 2015 Employment Summary Number of Students Seeking Employment 26 Employment Rate at Graduation 46.2% Employment Rate 90-Days Post Graduation 84.6% Average Salary $78,009 Average Signing Bonus $22,857 Employment Status Summary Permanent Work Authorization Non-Permanent Work Authorization Total MBA Graduates Seeking Employment Not Seeking Employment Company Sponsored or Already Employed Continuing Education Postponing Job Search Starting a New Business Not Seeking for Other Reasons No Information Available Total Graduates REPORTING Timing of First Offers Total Seeking Employment First Job Offer by Graduation Number Percent First Job Offer by 3-Months after Graduation Number Percent No Job Offer by 3-Months Post-Graduation Number Percent Permanent Work Authorization % % 1 9.1% Non-Permanent Work Authorization % % % Total Graduates Reporting % % % 64

7 Class of 2015 Employment Summary Source of Full-Time Job Acceptances We look for high-energy professionals who are bright, exhibit intellectual curiosity, have a collaborative mindset and a passion for execution. Our Eller MBAs have come well equipped with the attitude and aptitude needed for success and to make a bottom line impact on the business in a short amount of time. We are pleased to see how quickly these students have integrated into the EM culture and continue to broaden their skills and grow professionally. ~ Takis Makridis, President & CEO, Equity Methods 18.2% Not Reported 40.9% School Facilitated 40.9% Graduate Facilitated Job Acceptances Total Seeking Employment First Job Offer by Graduation Number Percent First Job Offer by 3-Months after Graduation Number Percent No Job Offer by 3-Months Post-Graduation Number Percent Permanent Work Authorization % % 1 9.1% Non-Permanent Work Authorization % % % Total Graduates Reporting % % % 57

8 Employment & Salary Statistics MBA Base Salary Number Reporting Percent Reporting Average Median Low High Permanent Work Authorization % $86,722 $90,000 $53,500 $114,000 Non-Permanent Work Authorization % $70,879 $68,913 $45,977 $100,000 Total Graduates Reporting % $78,009 $76,500 $45,977 $114,000 MBA Signing Bonus Number Reporting Percent Reporting Average Median Low High Permanent Work Authorization % $36,667 $35,000 $25,000 $50,000 Non-Permanent Work Authorization % $12,500 $15,000 $5,000 $15,000 Total Graduates Reporting % $22,857 $15,000 $5,000 $50,000 Base Salary by Years of Professional Experience Graduates Accepting New Employment Number Percent Average Base Salary Median Base Salary Low Base Salary High Base Salary One year or less 2 9.1% years % $74,417 $72,500 $53,500 $105, years % $75,307 $75,000 $45,977 $114, years % $82,228 $84,457 $60,000 $100,000 TOTAL GRADUATES REPORTING % $78,009 $76,500 $45,977 $114,000 When I entered the Eller MBA program after a career in the military, I was expecting to learn a lot about business, but I didn t realize how much that would be true! My experience in the Eller MBA challenged me every day to learn more than I did the day before about consulting, finance, business strategy, and much more. It fed the fire that drove me to become an advisory consultant in the financial services industry. I will always be grateful for the opportunity of having studied in the Eller MBA program. ~ Michael Philpott, Class of 2014, Senior Consultant, Financial Services Risk Management, Ernst & Young, LLP, Captain, U.S. Army 86

9 Employment & Salary Statistics Base Salary Trending $88,000 $86,000 $86,388 $84,000 $82,000 $80,000 $78,000 $82,263 $82,423 $80,222 $78,009 $76,000 $74,000 Class of 2011 Class of 2012 Class of 2013 Class of 2014 Class of 2015 Salary by Function Average Base Salary Median Base Salary Salary Range Information Technology $70,739 $68,000 $56,784 - $100,000 Marketing/Sales $84,100 $90,000 $53,500 - $107,000 Other $91,250 $95,000 $61,000 - $114,000 Consulting $80,000 $80,000 $78,000 - $82,000 General Management Finance/Accounting Information Technology Marketing/Sales Other Consulting General Management Finance/Accounting Employment by Function 25.0% 25.0% 20.0% 15.0% 10.0% 5.0% Eller s McGuire Center for Entrepreneurship is ranked #11 overall and Eller s Management Information Systems (MIS) is ranked #3 overall by U.S. News & World Report in

10 Employment & Salary Statistics Salary by Industry Employment by Industry Average Base Salary Median Base Salary Salary Range Technology 30.0% Technology $93,167 $97,500 $61,000 - $114,000 Consulting 20.0% Consulting $87,000 $85,000 $78,000 - $100,000 Financial Services 20.0% Financial Services $66,196 $65,000 $56,784 - $75,000 Consumer Products 10.0% Consumer Products - - Other 10.0% Other - - Healthcare 5.0% Healthcare - - Manufacturing 5.0% Manufacturing - - Geographic Location Employment Acceptance South Southwest West Midwest Northeast Mid-Atlantic International 9.1% 4.5% 4.5% 18.2% 9.1% 4.5% 50.0% 100% 80% 60% 40% 20% 46.2% 84.6% 0% At Graduation By 3-Months after Graduation When working with MBA programs it is extremely rare to have a professor reach out and want to learn more about our career opportunities to help their students. I had that very thing happen! A faculty member reached out me and took the time to investigate our culture, and open roles to be able to share with his students. The students at Eller are very lucky to have such a dedicated team of people, who really care about their future career aspirations. ~ Susan Shald, Director of Talent Sourcing, Gallup 108

11 Photos Courtesy of Tom Veneklasen 11 9

12 Internship Summary Internships are a critical component in building real-world experience with direct application to career paths. They provide students with the unique opportunity to apply and gain real world insight into the concepts that they learn in the classroom and expose them to company cultures and additional networking opportunities. Students Internship Status Summary Permanent Work Authorization Non-Permanent Work Authorization Total MBA Students Seeking Employment Not Seeking Employment Company Sponsored or Already Employed Continuing Education Postponing Job Search Starting a New Business Not Seeking for Other Reasons No Information Available Total STUDENTs REPORTING Internship Acceptances Total Students Seeking Employment Accepted Internship Number Percent Permanent Work Authorization % Non-Permanent Work Authorization % Total STUDENTs REPORTING % Monthly Salary Number Reporting Percent Reporting Average Median Low High Permanent Work Authorization % $5,054 $4,550 $2,500 $8,500 Non-Permanent Work Authorization % $3,615 $3,200 $767 $7,000 Total STUDENTS REPORTING % $4,487 $4,400 $767 $8,500 Source of Internship Job Acceptances School Facilitated 54.3% Student Faciliated 45.7% 10

13 Internship Summary The Eller MBA experience challenged me to learn and grow in ways I did not expect. The skills I obtained through the full-time program help me to make a meaningful impact every day I go in to work, and empowered me to take my career to the next level. ~ Dustin Cox, Class of 2015, Operations Program Manager, Reporting & Analytics, Microsoft Internship by Function 35% 30% 25% 20% 26.5% 17.6% 17.6% 17.6% 15% 10% 5% 11.8% 5.9% 2.9% 0% Marketing/ Sales Consulting Information Technology Operations/ Logistics Finance/ Accounting General Management Other Internship by Industry 30% 25% 20% 15% 26.5% 20.6% 14.7% 10% 5% 8.8% 5.9% 5.9% 5.9% 5.9% 2.9% 2.9% 0% Healthcare Technology Financial Services Other Real Estate Petroleum/ Energy Manufacturing Non-Profit Media/ Entertainment Consulting 11

14 Organizations Recruiting and Hiring Eller MBA Students 3M Abbott Adobe ADP Aetna Amazon American Realty Capital Properties American Red Cross APS Arcadia Healthcare Solutions ARIS Arizona Board of Regents Bank of America Barclays Bard Bloomberg Booz Allen Hamilton BRF BroadPath Healthcare Solutions Caduceus Intelligence Caliber Cantor Fitzgerald Capital One Cardinal Health CBRE CenturyLink Chevron Cigna Citigroup Coca-Cola Cognizant Community Foundation for Southern Arizona Corning Costco CVS Datalink Dell Deloitte Desert Diamond Casinos Discover Financial Services Doosan E&J Gallo Electronic Arts (EA) Entropy Healthcare Epic Equity Methods Express Scripts FedEx Freescale Semiconductors Gallup Gap, Inc. GE GlaxoSmithKline GM Goldman Sachs Gowan Company Health Trio Henkel Highmark Honeywell Humana Infusionsoft Intel Intuit Johnson & Johnson Koch Industries Lawlytics Liberty Mutual Living Social L Oréal Marcus Engineering MassMutual Mayo Clinic Medtronic MGM Resorts International Microsoft Midas+ (Xerox) Moves the Needle Nationwide Nestle NextMed Northwest Mutual Ohmstede ON Semiconductor Opus Inspection PepsiCo PNC Bank PricewaterhouseCoopers Procter & Gamble Quicken Loans Raytheon Regions Financial Corporation Republic Services Resolute Performance Contracting RevHealth Salesforce Samsung Sandia National Laboratories SAP SoftPoint Sprint Sunquest SVK Systems Target Texas Instruments The Hartford TIAA-CREF Tucson Medical Center UMT Consulting Group United Technologies Corporation University of Arizona Extension Office University of Arizona, Eller College of Management USAA Vanguard Vantage West Ventana Medical Systems Wal-Mart Wells Fargo YuMe Zappos 12

15 Spring 2016 Important Dates January 13 Spring Classes Begin February 12 Tucson Career Trek February 26 Phoenix Career Trek March Dallas Career Trek March 31 Eller MBA Spring Job Fair - Tucson May 14 Commencement How to Connect with Us The Eller MBA Career Management Team will work with you to develop a customized plan that will give you access to the talent your organization needs. Here are some of the options: Career Treks Company Sponsored Events Eller MBA Fall and Spring Career Fairs Information Sessions (on-campus or on-site) Interview Rooms Job Postings Mock Interviews On-Campus Interviewing Resume Books UA Fall and Spring Career Fairs Video Conferencing Please contact Eller MBA Career Management at ellermbacareer@ .arizona.edu for your customized plan. 13

16 The University of Arizona Eller Eller MBA Eller College of Management The University of Arizona McClelland Hall 210 PO Box Tucson, AZ Fax: ellermba.arizona.edu twitter.com/uaellermba facebook.com/ellermbaprograms instagram.com/ellermba 1/2016