Post Graduate Report

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1 Post Graduate Report Master of Management in Hospitality Class of 2014 Career Management in the Office of Student Services School of Hotel Administration Cornell University

2 Page 1 MMH Class of 2014 U.S. Base Salaries Mean Median Range Mean of Relocation/Bonus $58,182 $61,500 $36,000 $100,000 $6,962 68% of respondents salaries are within the range of $52,000 - $90,000 60% of respondents reported receiving a relocation and/or signing bonus U.S. Base Salaries by Industry Segment Industry Segment Mean Median Range** Number of Students Percent Employed* Hotel/Resort- Property $38,750 $45,000 $36,000 $65, % Rooms Division (2), Sales/Marketing (2), Revenue Management Real Estate $67,800 $65,000 $52,000 $100, % Asset Management, Finance, Hospitality Consulting, Investment Banking, Sales/Marketing Banking/Financial Services $73,667 $68,000 $63,000 $90, % Finance, Real Estate, Risk Management Other: $56,500 $60,000 $55,000 $90, % Entrepreneurial Venture (2), Hotel/Resort-Corporate (2), Hospitality Consulting (2), Restaurant (2), Consumer Products, Golf/Country Club, Managed Services, Travel/Tourism International Base Salaries Mean Median Range Mean of Relocation/Bonus $55,120 $55,000 $25,000 $90,000 $5,000 70% of respondents salaries are within the range of $30,000 - $75,000 50% of respondents reported receiving a relocation and/or signing bonus International Base Salaries by Industry Segment Industry Segment Mean Median Range** Number of Students Percent Employed* Hotel/Resort Property $30,733 $30,000 $25,000 $37, % Revenue Management (3), Rooms Division (2), Food & Beverage, Marketing & Operations, General Management Other: $65,571 $70,000 $30,000 $90, % Hotel/Resort-Corporate (2), E-Commerce, Higher Education, Online Marketing Consulting, Real Estate, Restaurant * Percentages reflect the number of students who have accepted a position in the industry segment, whether or not a salary was reported. **Some U.S. and international salaries may include additional compensation such as commission and other bonuses Numbers are based on 59 graduates, 44 respondents, and 35 job acceptances. Page 2

3 Salaries by Geographical Location Number of Students Percent Employed Location Mean Median Range United States New York Metro $60,333 $63,000 $55,000 $100, % Mid Atlantic $58,333 $59,500 $36,000 $75, % Southeast $60,667 $60,000 $57,000 $65, % New England $68,333 $65,000 $60,000 $80, % West N/A N/A N/A 2 6% International $47,969 $42,000 $20,000 $100, % China (2), Singapore (2), South Korea (2), Ecuador, Oman, Thailand, United Arab Emirates 2014 Class Profile Employment Status Number of Students 59 Percent of Respondents Average Age 27 Reporting Job Acceptance 80% Women 52% Seeking Employment 18% Students of Color* 19% Continuing Education 2% International 55% * Includes Asian American, African American, Hispanic, and Multi- Racial Employment Status Continuing Education 2% Reporting Job Acceptance 80% Seeking Employment 18%

4 Page 3 MMH Class of 2014 Source of Accepted Offers Cornell Sources 28% Other Sources 72% On-Campus Recruiting & Events 12% Previous Employment 21% Job Postings 12% Alumni Contact 21% Faculty/Staff Referral 4% Personal Contact 18% Job Postings 6% Entrepreneurial Venture 6% Cornell Sources 28% Faculty/Staff Referral 4% Job Postings 12% On Campus Recruiting & Events 12% Other Sources 72% Entrepreneurial Venture 6% Job Postings 6% Alumni Contact 21% Personal Contact 18% Previous Employment 21% Note: All statistics in this report are based on the students who responded to each section of the survey.

5 Page Hiring Companies Accenture Hospitality Consultant* ARAMARK District Operations Manager Bank of Tokyo Mitsubishi UFJ Credit Analyst Brand Karma Hospitality Consultant- Singapore Bur Al Hickman Senior Operations Manager- Oman Capital One Analyst Duff & Phelps Real Estate Analyst Ernst & Young Executive- UAE Expedia Associate Market Manager- South Korea FRHI Hotels & Resorts Director of Front Office Development Analyst- China Four Seasons Hotel & Resorts Sales Assistant Grand Summit Hotel Sales Account Executive Hersha Hospitality Management Brand Manager Hilton Worldwide Cluster Revenue Manager- China Revenue Analyst- South Korea InterContinental Hotel Group Implementation Consultant Development Planning & Marketing Analyst- Singapore Food & Beverage Manager- Thailand Jean Georges Management Restaurant Coordinator Jones Lang LaSalle Analyst Kimpton Hotels & Restaurants Area Revenue Manager Longwood Cricket Club Assistant General Manager Marriott International Rooms Operator Patterson Real Estate Advisory Group Analyst Pollin/Miller Hospitality Strategies Financial Analyst RobertDouglas Associate Samba Brands Management Marketing Manager Sweet Whistle Founder Tauck World Discovery Product Manager Walt Disney World Food/Beverage Trainee * More than one person accepted this position with this company Cornell University, School of Hotel Administration Career Management in the Office of Student Services

6 MMH Class of 2014 P r o d u c e d b y Career Management in the Office of Student Services School of Hotel Administration Cornell University 180 Statler Hall Cornell University Ithaca, NY p. (607) f. (607) careermanagement@cornell.edu

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