MBA EMPLOYMENT REPORT

Transcription

1 2014 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 2015 Important Dates 13 How to Connect With Us This report conforms to the MBA Career Services & Employer Alliance Standards for Reporting MBA Employment Statistics. Cover Photo: Yvette Anchondo-Leyva

3 2014 EMPLOYMENT REPORT Career Management Team Jen Maiorany Director MBA Career Management Funmilayo Ojikutu Assistant Director MBA Career Management Gloria Verdin Manager MBA Employer Relations 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 2014 YEAR IN REVIEW It is our pleasure to present the Eller MBA Employment Report. The Career Management team, in conjunction with students and business leaders, plays a pivotal role in supporting MBA candidates as they transition to new fields, functions, and industries. From mock interviews, to career treks, to showcase events, 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. The small class sizes and low facultystudent ratio offer students unique opportunities to develop business acumen and leadership skills sought by employers. The program s focus on experiential learning, communication, and data analytics provides the foundational skills needed for students to work effectively with leaders and stakeholders at all levels. Our program prides itself on developing innovative business leaders who can drive bottom line results. #48 with the US News & World Report. Furthermore, US News & World Report ranked our McGuire Center for Entrepreneurship as #11 and our MIS program as #5. 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 Associate Professor of Marketing Gary M. Munsinger Chair in Entrepreneurship and Innovation Jennifer Maiorany Director MBA Career Management In 2014, we maintained our top 50 status and were ranked 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 9 countries and 12 states. The students varied experiences directly contribute to the robust and unique environment that defines the Eller experience. DEMOGRAPHIC PROFILE CLASS OF 2016 CLASS OF 2015 Enrollment Average GMAT Average Years of Professional Experience Average Age Females 23% 30% Minorities 13% 12% International 35% 47% UNDERGRADUATE MAJORS Business/Economics/ Finance/Management CLASS OF 2016 CLASS OF % 26% Math/Science/Engineering 40% 39% Liberal Arts/Social Science 25% 14% Other 15% 21% 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 2014 Employment Summary Number of Students Seeking Employment 35 Employment Rate at Graduation 62.9% Employment Rate 90-Days Post Graduation 82.9% Average Salary $80,222 Average Signing Bonus $10,449 Graduates 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 Graduates Timing of First Offers Total Graduates Seeking Employment First Job Offer by Graduation Number Percent First Job Offer by 3-Months Post-Graduation Number Percent Permanent Work Authorization % 2 9.1% Non-Permanent Work Authorization % % TOTAL GRADUATES REPORTING % % 64

7 CLASS OF 2014 EMPLOYMENT SUMMARY Source of Full-Time Job Acceptances Eller graduates have continuously and consistently demonstrated success as members of the Sempra Energy team. Specifically, Eller graduates possess the business drive, acumen, and talent that has helped move Sempra Energy forward as a progressive energy company. ~ Mike Schneider, Vice President, Operations Support at Sempra Energy 24.1% Not Reported 41.4% School Facilitated 34.5% Student Facilitated Graduates Job Acceptances Total Graduates Seeking Employment Accepted a Job by Graduation Number Percent Accepted a Job By 3-Months Post-Graduation Number Percent Permanent Work Authorization % 1 4.5% Non-Permanent Work Authorization % % TOTAL GRADUATES REPORTING % % 57

8 EMPLOYMENT & SALARY STATISTICS MBA Base Salary Number Reporting Average Median Low High Permanent Work Authorization 17 $79,681 $85,000 $52,000 $110,000 Non-Permanent Work Authorization 11 $81,059 $75,000 $57,400 $125,000 TOTAL GRADUATES REPORTING 28 $80,222 $75,785 $52,000 $125,000 MBA Signing Bonus Number Reporting Average Median Low High Permanent Work Authorization 7 $9,085 $10,000 $5,000 $12,595 Non-Permanent Work Authorization TOTAL GRADUATES REPORTING 8 $10,449 $10,000 $5,000 $20,000 Base Salary by Years of Professional Experience Graduates Accepting New Employment Number Percent Average Base Salary Median Base Salary One year or less % $75,000 $85, years % $66,950 $63, years % $82,946 $75, years % $92,375 $97,000 TOTAL GRADUATES REPORTING % $80,222 $75,785 As a career switcher, I was looking for an MBA program that would provide me with the right balance of classroom theory and real-world application. Eller was the perfect fit. In addition to their balanced approach to the classroom, the experiential learning component of Eller is one of the many ways it differentiates itself from the rest. Eller is a very collaborative environment and the relationships I was able to build with fellow students, professors and staff were invaluable. The team at Eller really goes all in on each student and is focused on building the right tools for their professional development. ~ Chris Northey, Class of 2013, Marketing Strategy Director, Mister Car Wash 86

9 EMPLOYMENT & SALARY STATISTICS Base Salary Trending $95,000 $90,000 $85,000 $80,000 $82,263 $86,388 $82,423 $80,222 $75,000 $70,000 $70,282 $65,000 $60,000 Class of 2010 Class of 2011 Class of 2012 Class of 2013 Class of 2014 Salary by Function Average Base Salary Salary Range Employment by Function Finance/Accounting $69,117 $60,000 - $92,000 Finance/Accounting 24.1% Information Technology $74,667 $60,000 - $88,000 Information Technology 20.7% Consulting $97,880 $57,400 - $125,000 Consulting 17.2% General Management $75,400 $52,000 - $110,000 General Management 17.2% Marketing/Sales $85,750 $85,000 - $88,000 Marketing/Sales 17.2% Other - - Other 3.4% Eller s McGuire Center for Entrepreneurship is ranked #11 overall and Eller s Management Information Systems (MIS) is ranked #5 overall by U.S. News & World Report in

10 EMPLOYMENT & SALARY STATISTICS Salary by Industry Employment by Industry Average Base Salary Salary Range Financial Services Consulting 20.7% 17.2% Financial Services $75,750 $60,000 - $88,000 Consulting $95,150 $63,750 - $125,000 Pharm/Biotech/Healthcare Technology 17.2% 13.8% Pharm/Biotech/Healthcare $71,880 $57,400 - $92,000 Other 13.8% Technology $77,893 $75,000 - $85,000 Manufacturing 10.3% Other $77,333 $52,000 - $105,000 Consumer Products 3.4% Manufacturing $86,667 $65,000 - $110,000 Non-Profit 3.4% Consumer Products - - Non-Profit - - Geographic Location Employment Acceptance 100% Southwest West Midwest Northeast Mid-Atlantic 3.4% 10.3% 13.8% 55.2% 80% 60% 40% 62.9% 82.9% 17.2% 20% 0% At Graduation By 3 Months Post-Graduation The Full-Time Eller MBA taught me to think more critically about the issues and opportunities I am confronted with daily, both personally and professionally. Since graduating from Eller I have moved into a company and a role that would have been otherwise unattainable without the MBA degree. The differentiator with the Eller MBA is the reinforcement of theory and research with real world application evident in the business communication and consulting project experiences. This type of results oriented experience is what sets Eller apart from other top tier programs and gives Eller graduates the practical tools to compete in a tough job market. ~ Josh Dow, Class of 2014, Eaton Product Strategy Manager, Veteran: US Marine Corps, Captain 108

11 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. In 2014, 100% of the class of 2015 secured positions. Students 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 Students Total Students Seeking Employment Accepted Internship Number Percent Permanent Work Authorization % Non-Permanent Work Authorization % TOTAL STUDENTS REPORTING % Monthly Salary Number Reporting Average Median Low High Permanent Work Authorization 14 $4,656 $4,548 $2,030 $8,200 Non-Permanent Work Authorization 13 $3,149 $3,000 $1,333 $6,923 TOTAL STUDENTS REPORTING 27 $3,930 $3,680 $1,333 $8,200 Source of Internship Job Acceptances School Facilitated 70.4% Student Faciliated Not Reported 11.1% 18.5% 10

13 INTERNSHIP SUMMARY As a younger MBA student, Eller MBA provided the tailored guidance necessary to market myself and compete in a workforce of experienced professionals. Staff and Faculty are truly invested in positioning each class for success; it is a team effort, students have to be willing to do the work and apply the lessons taught. ~ Kacy Navarrette, Class of 2014, Assistant Brand Manager, Henkel Consumer Goods, Inc. Internship by Function 35% 30% 25% 20% 27.3% 30.3% 15% 10% 5% 6.1% 12.1% 12.1% 12.1% 0% Operations/ Logistics Other General Management Finance/ Accounting Information Technology Marketing/ Sales Internship by Industry 30% 25% 24.2% 20% 15% 10% 5% 3.0% 3.0% 6.1% 9.1% 9.1% 12.1% 15.2% 18.2% 0% Non-Profit Manufacturing Consulting Petroleum/ Energy Consumer Products Financial Services Other Pharm/ Biotech/ Healthcare Technology 11

14 ORGANIZATIONS RECRUITING AND HIRING ELLER MBA STUDENTS 3M Accenture Allegiant Airlines Amazon American Airlines Apex Artesyn Arizona Public Services Bard Bayshore Solutions Caduceus Intelligence Corporation CBRE Centrify Chegg Cigna Cintas Cisco Systems Cognizant Compass Lexecon Corelogic CP Graphics CVS Health Definia Del Monte Deloitte Discover Financial Services Double Positive DriveTime Duke University Hospital E&J Gallo Eaton Corporation Education Pioneers efulgent Eli Lilly Emerson Equity Methods Ernst & Young Eton EtQ ExxonMobil Freemont Copper & Gold Gallup Gap, Inc. General Electric GoDaddy GoGo Karma, LLC Healthcare Appraisers Henkel Highmark Health Holualoa Humana IBM Informatica Infusionsoft Intel JD Mellberg Financial John Wiley & Sons Johnson & Johnson Kaiser Permanente Kaybus Kimberly Clark Kindred Healthcare Koch Asset Management Liberty Mutual Lockheed Martin MayBank New York Microsoft Midas+ Mister Car Wash Nationwide Insurance Nestle Purina PetCare Company NextMed PayPal Pepsi PetSmart Phoenix Children s Hospital Polymer Chemistry Innovations PricewaterhouseCoopers Prism Protiviti Qualtrics Rainbird Raytheon ROI Properties Salesforce.com Sargent Aerospace & Defense Securaplane Sempra Energy Shamrock Foods Siemens SoftPoint Tallsalt Advisors Target Corporation Tech Launch Arizona Texas Instruments The Hershey Company The Jensen Company The Lodge at Ventana Canyon The University of Arizona Eller College of Management The Walt Disney Company TIAA CREF Tucson Medical Center UMT Consulting Group Under Armour University of Michigan Health System US Airways Vanguard Vantage West Credit Union Ventana Medical Systems Verizon Walbro Engine Management Waste Management Watermark Retirement Communities Wolverine Xerox Working with Eller continues to be a first class experience. I am impressed by their facilities, their faculty and career center, and most of all, their students. The students we have had an opportunity to work with are extremely well-prepared, well-versed in the reality of the world today and are able to drive immediate impact. Working with Eller is a tremendous privilege for Microsoft Operations. ~ Josh Bartella, Director, Program & Customer Operations at Microsoft 12

15 SPRING 2015 IMPORTANT DATES January 14 Spring Classes Begin February 13 Tucson Career Trek February 27 Phoenix Career Trek March Seattle Career Trek March 26 Eller MBA Spring Job Fair - Tucson May 16 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 1/2015