Post Graduate Report

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1 Post Graduate Report Master of Management in Hospitality Class of 2013 Career Management in the Office of Student Services School of Hotel Administration Cornell University

2 Page 1 MMH Class of 2013 U.S. Base Salaries Mean Median Range Mean of Relocation/Bonus $67,310 $69,000 $40,000 $125,000 $5,844 57% of respondents salaries are within the range of $50,000 - $80,000 38% 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* Real Estate $70,000 $72,500 $55,000 $80, % Asset Management (3), Hospitality Consulting (2), Development, Equity Research Hotel/Resort Corporate $85,000 $75,000 $70,000 $110, % Finance (2), Asset Management Hotel/Resort- Property $55,000 $45,000 $45,000 $75, % Rooms Division (3) E-Commerce/Online Marketing $53,334 $50,000 $42,000 $68, % Sales & Marketing (2), Revenue Management, Other: $74,050 $65,600 $40,000 $125, % Restaurant (2), Fine Wines Retail/Sales, Restaurant Entrepreneurial, Travel/Tourism International Base Salaries Mean Median Range Mean of Relocation/Bonus $47,969 $42,000 $20,000 $100,000 $6,100 48% of respondents salaries are within the range of $33,000 - $60,000 8% 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 $37,785 $33,350 $27,000 $60, % Revenue Management (3), Rooms Division (2), Food & Beverage, Marketing & Operations, General Management Real Estate/Financial Services $55,943 $50,000 $40,800 $70, % Asset Management, Brokerage, Hospitality Consulting, Investments, Strategy & Planning Hotel/Resort Corporate $31,000 $31,000 $20,000 - $42, % Revenue Management (2), Food & Beverage Other: $65,486 $62,400 $35,000 $100, % Higher Education (2), Art Venue, Consulting, Design, Entrepreneurial, Food Service Equipment, Serviced Apartments, Travel/Tourism * 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 63 graduates, 58 respondents, and 46 job acceptances.

receiving a relocation and/or signing bonus U.S.

3 Page 2 Salaries by Geographical Location Number of Students Percent Employed Location Mean Median Range United States West $60,457 $60,000 $40,000 $83, % Mid Atlantic $68,750 $60,000 $45,000 $110, % New York Metro $84,333 $80,000 $48,000 $125, % Southeast $66,667 $70,000 $55,000 $75, % New England $75,000 N/A N/A 2 4% Midwest $75,000 N/A N/A 1 2% Southwest/West Central $45,000 N/A N/A 1 2% International $47,969 $42,000 $20,000 $100, % Singapore (7), China (4), Canada (2), India (2), Japan (2), Bhutan, France, Hong Kong, South Korea, Thailand, United Arab Emirates, Venezuela, Viet Nam 2013 Class Profile Employment Status Number of Students 63 Percent of Respondents Average Age 26 Reporting Job Acceptance 79% Women 48% Seeking Employment 10% Students of Color* 22% Continuing Education 7% International 44% Time Off/Travel 2% Year-long Internship 2% * Includes Asian American, African American, Hispanic, and Multi-Racial Employment Status Year long Internship 2% Time Off/Travel 2% Reporting Job Acceptance 79% Continuing Education 7% Seeking Employment 10%

$45,000 N/A N/A 1 2% International $47,969 $42,000 $20,000 $100,000 25 54% Singapore (7), China (4), Canada (2), India (2), Japan (2), Bhutan, France, Hong Kong, South Korea, Thailand, United Arab

4 Page 3 MMH Class of 2013 Source of Accepted Offers Cornell Sources 30% Other Sources 70% Faculty/Staff Referral 17% Personal Contact 20% On-Campus Recruiting & Events 11% Previous Employment 17% Job Postings 2% Alumni Contact 14% Job Postings 11% Cold Call / LinkedIn/Facebook 4% Entrepreneurial Venture 4% Cornell Sources 30% Job Postings 7% On Campus Recruiting & Events 11% Faculty/Staff Referral 17% Other Sources 70% Entrepreneurial Venture 4% Cold Call/ LinkedIn/Facebook 4% Personal Contact 20% Previous Employment 17% Alumni Contact 14% Job Postings 11% Note: All statistics in this report are based on the students who responded to each section of the survey.

Postings 7% On Campus Recruiting & Events 11% Faculty/Staff Referral 17% Other Sources 70% Entrepreneurial Venture 4% Cold Call/ LinkedIn/Facebook 4% Personal Contact

5 Page Hiring Companies Amanresorts International Lodge Manager- Bhutan CapitaLand Senior Executive, Strategic Planning- Singapore China Jin Mao Group Supervisor of Hotel Management Division- China Conrad Centennial Singapore Assistant Revenue Manager- Singapore Eurobuilding International CA Manager in Training, Marketing & Operations - Venezuela Far East Hospitality Assistant Revenue Manager- Singapore Four Seasons Hotel & Resorts Assistant Restaurant Manager- Canada Guest Relations Officer- Singapore Manager in Training, Rooms - Canada Manager in Training, Rooms Gaw Capital Partners Analyst, Investments- Hong Kong Granary Lodging, LLC Vice President, Operations HATTORI KOGYO KK Director- Japan HeBS Digital Account Executive Hirsch/Bender Associates Designer- Singapore Homan University Lecturer, Hospitality- South Korea HVS Analyst Interstate Hotels & Resorts Analyst, Project Finance Jones Lang LaSalle Assistant Manager, Brokerage- China Analyst, Hospitality Consulting- UAE Associate JW Marriott Hong Kong F&B Revenue Analyst Hong Kong La Paz Group Managing Partner- France Milestone Internet Marketing Sr. Account Manager Moe s Fine Wine Marketing & Sales Associate Montage Deer Valley Guest Reception Manager Nomura Securities International Research Associate Nor1 Account Revenue Manager Oakwood Asia Pacific Manager, Development- Singapore PricewaterhouseCoopers Associate Proactive Carbon Co-founder- Viet Nam Pyramid Hotel Group Business Development Analyst Quo Global Brand Strategist - Thailand Republic Polytechnic Senior Manager, Academic Operations - Singapore Rialto Capital Management Loan Workout Analyst The Ritz-Carlton Supervisor, Revenue Management- Japan Shake Shack Restaurant Manager Starbucks Rotational Manager in Training Starwood Capital Group Analyst, Asset Management Taj Hotels Assistant Director, Operations - India Deputy Revenue Manager- India World Travel Holdings Director of Business Development Wyndham Worldwide Manager, Corporate & Strategic Investments Yuzi Paradise, The Art Park Special Assistant to the Chairman- China Sino Group of Hotels Project Coordination Manager-Hong Kong * More than one person accepted this position with this company Cornell University, School of Hotel Administration Career Management in the Office of Student Services

Manager- Singapore Four Seasons Hotel & Resorts Assistant Restaurant Manager- Canada Guest Relations Officer- Singapore Manager in Training, Rooms - Canada Manager in Training, Rooms Gaw Capital

6 MMH Class of 2013 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

180 Statler Hall Cornell University Ithaca, NY 14853 p.

Post Graduate Report

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 Page 1 MMH Class of 2014 U.S.