Career Outcomes: Class of 2012

Transcription

1 Career Outcomes: Class of 2012 Office of Career Development 6 th Floor Howe Center Castle Point on Hudson Hoboken, NJ

2 TABLE OF CONTENTS Overview Career Outcomes 3 On behalf of the Office of Career Development, it is my pleasure to share the career accomplishments of the Class of Six months after graduation, 94% of respondents had secured employment, admission to graduate school, law school, or medical school, with entering the military. This year s Class saw an increase of 6% in employment over the previous class. Opportunities accepted carried higher salaries as well. All members of the Class of 2012 were contacted and outcomes information was solicited from September 2011 through October The report that follows is based on a response rate of 89%. Our greatest honor is to foster the success of Stevens students. It has been the privilege of the Office of Career Development to guide and support the Class of Sincerely, Salary Survey 4 Career Outcomes by Degree Bachelor of Engineering 5 Bachelor of Science 8 Bachelor of Arts 10 Employer Activity Employer Campus Activity 11 Top Hiring Employers 12 Industry Hiring Trends 13 Observations Multiple Degrees 14 Graduate/Professional School 15 Summary Lynn Insley Director of Career Development Office of Career Development ocd@stevens.edu Page 2

3 Career Outcomes Overview 2012 Graduates with Bachelor s Degrees Status YoY* Employed 69% 63% +6% Graduate School 18% 24% -6% 6% 5% + Military - Outcomes Finalized 94% 93% + Seeking Employment 6% 7% - *YoY is a year over year comparison Undergraduates Pursuing Advanced Degrees 18% of the Class reported continuing their education. Geographic Distribution of Accepted Employment Of those accepting employment, 95% will be working in the northeastern United States. New England: 5% New Jersey: 5 New York: 32% Mid-Atlantic: 4% Washington DC Metro: 3% Status Graduate School 89% Medical School 4% Law School 4% Dental School 3% Of the 18% continuing their education, 15% are pursuing a PhD at the following institutions: New York University New York University, Stern School of Business Northeastern University Stevens Institute of Technology Stony Brook University University of California, Irvine University of Delaware University of Minnesota Vanderbilt University Office of Career Development ocd@stevens.edu Page 3

4 Salary Survey Overview Class of 2012 Salary Survey The Stevens 2012 average starting salary of $62,850 is up slightly over last year s average of $62,000. Bachelor of Engineering Lowest Accepted Salary Highest Accepted Salary Average Accepted Salary Biomedical Engineering $50,000 $70,000 $61,200 Chemical Engineering $50,000 $72,600 $65,000 Civil/Environmental/Naval Engineering $47,000 $70,000 $56,900 Computer Engineering $47,000 $80,000 $65,200 Electrical Engineering $55,000 $88,000 $68,600 Engineering Management $50,000 $70,000 $61,000 Mechanical Engineering $48,000 $74,500 $61,200 Bachelor of Science Business & Technology/ Quantitative Finance Computer Science/CyberSecurity/ Information Systems $40,000 $75,000 $60,400 $45,000 $90,000 $66,250 Total Survey $40,000 $90,000 $62,850 Three Year Salary Comparison $80,000 $60,000 $40,000 $20,000 $ Office of Career Development ocd@stevens.edu Page 4

5 Bachelor of Engineering Outcomes Bachelor of Engineering Outcomes Includes the following majors: Biomedical Engineering, Chemical Engineering, Civil/Environmental/Naval Engineering, Computer Engineering, Electrical Engineering, Engineering Management, Mechanical Engineering Retail Media/ Entertainment Technology/ Telecom 10% Transportation Aerospace/ Defense 9% Business Consulting 4% Construction 6% 2012 Engineering Outcomes Employed 73% Graduate School 15% 5% Military Outcomes Finalized 94% Seeking Employment 6% Manufacturing/ Pharmaceutical 29% Energy 4% Engineering Services 20% Healthcare Government 4% Finance 1 Average Salary for 2012 Stevens Graduates with Bachelor of Engineering Degrees $62,725 Biomedical Engineering 2012 Biomedical Engineering Graduates Employed 43% Graduate School 39% - Military 4% Outcomes Finalized 86% Seeking Employment 14% Biomedical Engineering Average Salary Stevens Average $61,200 Chemical Engineering 2012 Chemical Engineering Graduates Employed 80% Graduate School 16% - Outcomes Finalized 96% Seeking Employment 4% Chemical Engineering Average Salary Stevens Average $65,000 Office of Career Development ocd@stevens.edu Page 5

6 Bachelor of Engineering Outcomes Civil, Environmental and Naval Engineering 2012 Civil, Environmental & Naval Engineering Graduates Employed 75% Graduate School 16% 3% Military Outcomes Finalized 95% Seeking Employment 5% Civil, Environmental and Naval Engineering Average Salary Stevens Average $56,900 Electrical Engineering 2012 Electrical Engineering Graduates Employed 6 Graduate School 6% 26% Military 3% Outcomes Finalized 96% Seeking Employment 4% Electrical Engineering Average Salary Stevens Average $68,600 Computer Engineering 2012 Computer Engineering Graduates Employed 77% Graduate School 15% 4% Military 4% Outcomes Finalized 100% Seeking Employment - Computer Engineering Average Salary Stevens Average $65,200 Office of Career Development ocd@stevens.edu Page 6

7 Bachelor of Engineering Outcomes Engineering Management 2012 Engineering Management Graduates Employed 86% Graduate School 7% - Outcomes Finalized 93% Seeking Employment 7% Engineering Management Average Salary Stevens Average $61,000 Mechanical Engineering 2012 Mechanical Engineering Graduates Employed 78% Graduate School 1 4% Outcomes Finalized 93% Seeking Employment 7% Mechanical Engineering Average Salary Stevens Average $61,200 Office of Career Development ocd@stevens.edu Page 7

8 Bachelor of Science Outcomes Bachelor of Science Outcomes Includes the following majors: Applied Physics, Business & Technology, Chemistry, Chemical Biology, Computer Science, Cybersecurity, Engineering Physics, Information Systems, Mathematics, Quantitative Finance 2012 Science Outcomes Employed 65% Graduate School 23% 8% Outcomes Finalized 96% Seeking Employment 4% Media/ Entertainment 5% Manufacturing/ Pharmaceutical 9% Technology/ Telecom 2 Insurance 3% Business Consulting 10% Construction Average Salary for 2012 Stevens Graduates with Bachelor of Science Degrees $63,325 Education/ NonProfit 5% Finance 46% Business & Technology and Quantitative Finance 2012 Business & Technology and Quantitative Finance Graduates Employed 79% Graduate School 7% 7% Outcomes Finalized 93% Seeking Employment 7% Business & Technology and Quantitative Finance Average Salary Stevens Average $60,400 Computer Science, Cybersecurity, and Information Systems 2012 Computer Science, Cybersecurity, and Information Systems Graduates Employed 76% Graduate School 12% 12% Outcomes Finalized 100% Seeking Employment - Computer Science, Cybersecurity, and Information Systems Average Salary Stevens Average $66,250 Office of Career Development ocd@stevens.edu Page 8

9 Bachelor of Science Outcomes Chemistry/Chemical Biology 2012 Chemistry & Chemical Biology Graduates Employed 24% Graduate School 4 Medical School 12% Dental School 1 Law School 6% 6% Outcomes Finalized 100% Seeking Employment - Insufficient data to provide average salary information for Chemistry and Chemical Biology graduates. Mathematics 2012 Mathematics Graduates Employed 33% Graduate School 67% - Outcomes Finalized 100% Seeking Employment - Applied Physics and Engineering Physics 2012 Applied Physics and Engineering Physics Graduates Employed 18% Graduate School 64% 9% Outcomes Finalized 9 Seeking Employment 9% Insufficient data to provide average salary information for Mathematics graduates. Insufficient data for average salary information for Physics graduates. Office of Career Development ocd@stevens.edu Page 9

10 Bachelor of Arts Outcomes Bachelor of Arts Outcomes Includes the following majors: Art & Technology, History, Literature, Music & Technology 2012 Arts Outcomes Employed 38% Graduate School 38% 8% Outcomes Finalized 84% Seeking Employment 16% Insufficient data to provide salary information for Arts graduates. The College of Arts & Letters is excited to add 2 new majors next Fall. Science Communication The program at Stevens examines a variety of media, from newspapers and blogs to radio and television to convey information about science, technology, and medicine to both general and professional audiences. Students will learn processes for data-gathering, interviewing, reporting, story-telling, and clear presentation of complex information. Science communication majors will benefit from learning their craft at Stevens, one of the world's leading research institutions. Science, Technology & Society Scholars in the Science, Technology, and Society program at Stevens examine the social forces that shape the creation of scientific knowledge and examine the effect that developments in science and technology have on society. This program exists at the forefront of developing solutions to the most pressing issues of the 21st century, such as global climate change, sustainable economic growth, the alleviation of poverty and disease, and the uses of artificial intelligence. Office of Career Development ocd@stevens.edu Page 10

11 Employer Activity 2012 On-Campus Recruiting Program: First round interviews conducted in the Career Development Office 998 A year over year increase of 139 Industry Breakdown: First Round Campus Interviews Manufacturing/ Pharmaceutical 28% Government 2% 2012 Career Fairs Finance 25% Employer Attendance by Event Class of 2012 Career Fair December Career Fair Technology/ Telecom 25% Aerospace/ Defense 3% Business Consulting 6% Construction 5% Energy 2% Engineering Services 4% Spring Career Fair In 2012, 219 employers participated in a Stevens Career Fair, 58 participated in more than one Full-Time Opportunities Posted for Class of ,551 A year over year increase of 29% Evening Corporate Information Sessions 30 Universities develop skills and knowledge to enable students to flourish in advancing personal interests and careers. As an engineering organization involved in developing complex technical solutions for both government and commercial customers, Space Systems has benefited tremendously from the contributions of the Stevens alumni. With confidence, we look forward to the energy and commitment that the next Stevens recruit will bring to our team. Jeff Ferketic Engineering Director, Space Systems UTC Aerospace Systems Windsor Locks, CT Office of Career Development ocd@stevens.edu Page 11

12 Employer Activity 2012 Top Employers Companies listed below hired three or more graduates from the Class of Arup Avanade BAE Systems Barclays Capital BD CME Associates General Dynamics Electric Boat Goldman Sachs Hamilton Sundstrand Johnson & Johnson JPMorgan Chase L'Oreal USA NAVAIR PETRONAS Protiviti TIAA-CREF UBS Verizon/Verizon Wireless Ten Year Top Employer Hiring Summary Accenture ADP ARUP Avanade Avaya BAE Systems Barclays Capital Becton Dickinson Bergmann Associates Booz Allen Hamilton Burns & Roe Citigroup, Salomon Smith Barney/Citibank CME Associates Colgate Palmolive Con Edison Control Associates CSSC Deloitte Consulting Deutsche Bank Ethicon ExxonMobil Federal Reserve Bank General Dynamics Electric Boat Goldman Sachs Hamilton Sundstrand IBM ITT Industries Johnson & Johnson JPMorgan Chase Kiewit Construction Company Knolls Atomic Power Lab L Oreal Langan Engineering Lehman Brothers Lockheed Martin Medtronic Merck Merrill Lynch Microsoft Morgan Stanley NAVAIR NAVSEA Northrup Grumman Pershing Picatinny Arsenal Top Hiring Employers for the Last Three Consecutive Years JPMorganChase NAVAIR UBS Port Authority Prolifics Protiviti PSEG Schering-Plough Schiavone Construction Siemens Power Generation Stryker Howmedica Osteonics Stryker Orthopaedics Sun Chemical TaxStream/Thomson Reuters Tax and Accounting The MITRE Corporation The Vanguard Group Turner Construction UBS Financial United Water UPS URS US Army CERDEC/CECOM US Patent and Trademark Office Verizon/Verizon Wireless *Hired three or more graduating students in a given year Office of Career Development ocd@stevens.edu Page 12

13 Industry Hiring Trends Industry Breakdown For those who have accepted employment, the greatest percentage (23%) will be working in Manufacturing/Pharmaceuticals with the Financial sector a close second at 2. Technology/ Telecom 13% Retail Aerospace/ Defense 6% Transportation Construction Business 5% Consulting 5% Education/ NonProfit Energy 3% Engineering Services 13% Media/ Entertainment 3% Finance 2 Manufacturing/ Pharmaceutical 23% Industry Comparison Insurance Healthcare Government 3% The chart below depicts the industry distribution of accepted employment Technology/Telecom Manufacturing/Pharmaceutical Government Finance Engineering Services 2011 Construction 2012 Business Consulting Aerospace/Defense 0% 10% 20% 30% 40% Over this 4 year period, Manufacturing/ Pharmaceutical and Finance consistently led in securing Stevens talent. For the Class of 2012, the most notable changes are: Engineering Services jumped by 6% Manufacturing/ Pharmaceutical decreased by 9% Office of Career Development ocd@stevens.edu Page 13

14 Observation: Multiple Degrees Multiple Degrees The Class of 2012 includes 91 students who earned more than one degree concurrently. Below is a breakdown of the degrees awarded and post-graduation outcomes. Degrees Awarded Total Bachelor s & Master s Degrees 67 Two Bachelor s Degrees 8 Two Bachelor s Degrees & One Master s Degree 1 Dual Degree Program with New York University Graduates with Multiple Degrees Reporting Outcomes Employed 68% Graduate School 13% 13% Military Outcomes Finalized 95% Seeking Employment 5% Average Salaries for Students Obtaining Multiple Degrees Concurrently $66,000 $64,000 $62,000 $65,804 $60,000 $61,036 $58,000 Stevens' Multiple Degree Average Stevens' Single Degree Average Office of Career Development ocd@stevens.edu Page 14

15 Graduate/Professional School Summary Ten Year Graduate/Professional School Acceptance Summary Albert Einstein College of Medicine Baylor University, College of Medicine Boston University California Institute of Technology Carnegie-Mellon University Catholic University, School of Law Colorado State University Columbia University Columbia University, College of Dental Medicine Columbia University, Teachers College Cornell University Cornell University, Weill Cornell Medical College Drexel University, College of Medicine Duke University Embry Riddle Aeronautical University Georgetown University, School of Medicine George Washington University Georgia Institute of Technology Harvard University Harvard University, Graduate School of Education Hofstra University, School of Law Johns Hopkins University Lehigh University Massachusetts Institute of Technology New York Law School New York University New York University, School of Medicine New York University, Stern School of Business Northwestern University Pace University, School of Law Princeton University Rensselaer Polytechnic Institute Rutgers University Rutgers University, School of Law Scripps Research Institute Seton Hall University, School of Law Seton Hall University, School of Theology Southern Methodist University Stevens Institute of Technology SUNY Stony Brook Syracuse University, School of Law Temple University, School of Medicine Texas A&M University Tufts University, School of Medicine Tufts University, School of Veterinary Medicine Tulane University University College London University of Albany University of California, Berkeley University of California, Davis University of California, Irvine University of California, Los Angeles University of California, Riverside University of California, Santa Barbara University of Central Florida University of Delaware University of Florida University of Illinois, Urbana-Champaign University of Maryland University of Medicine and Dentistry of NJ, New Jersey Dental School University of Medicine and Dentistry of NJ, New Jersey Medical School University of Medicine and Dentistry of NJ, Robert Wood Johnson Medical School University of Medicine and Dentistry of NJ, School of Biomedical Sciences University of Miami University of Miami, School of Law University of Michigan University of Minnesota University of North Carolina, Chapel Hill University of Pennsylvania University of Pennsylvania, School of Veterinary Medicine University of Pittsburgh University of Rochester University of Southern California University of Southern California, School of Medicine University of Syracuse, School of Law University of Texas, Austin University of Virginia Vanderbilt University Villanova University, School of Law Westminster Theological Seminary Widener University, School of Law Yale University Office of Career Development Page 15

16 Office of Career Development 6 th Floor Howe Center, Castle Point on Hudson, Hoboken, NJ ocd@stevens.edu Thank you Career Development, from the Class of 2012 The Office of Career Development helped start my professional career right from freshman year. Their seasoned and dedicated staff aligned my professional and academic goals through a series of internships and Co-Op. Thus, with strong academic background and valuable professional experience, I became a qualified and highly marketable candidate for my field. The Office of Career Development was my gateway to success. Bismark Polley, Jr. Analyst Credit Suisse Private Banking Americas The Career Development staff at Stevens provided me with a level of service far beyond my imagination. Over the course of my career as a Stevens student, the Career Development staff assisted me in landing an internship with a Wall Street bank and eventually securing full-time employment at a Big Four accounting firm. I recommend that all Stevens students utilize the services that the Career Development Office has to offer. Eric Kane Advisory Associate KPMG LLP Throughout my 4 years at Stevens, I was constantly going to Career Development for advice on where to apply and how to interview. The staff helped me review my resume, cover letters, follow up s, and virtually anything I needed to send to potential companies. My senior year they helped me to build a list of companies that best offered what I was looking for. With their help I graduated with multiple offers in various companies that I could see myself working at. Everyone there was always happy to help and greeted me with a smile which made talking to them and asking questions very easy. Michelle Galvez Associate Project Manager Shadow Financial Systems, Inc. The Career Development staff was helpful in every aspects of my job hunt, from creating my resume to accepting my full time offer. Rob Coughlin Manufacturing Technology Engineer DuPont I had the opportunity to work with The Office of Career Development at Stevens for three years and I found it to be the most helpful and well run service at the school. The OCD is geared towards helping students on a very interpersonal level so I was able to work with the same advisor my entire time at Stevens forming a very strong relationship. This counseling, which ranged from in depth résumé or interviewing workshops to impromptu questions on how to word an , enabled me to take advantage of all the OCD has to offer and graduate from Stevens with a strong résumé, two internship experiences in my area of interest and a full time job offer with my first choice company. David Carlson Field Engineer Turner Construction Office Ranked of Career 13 th Development in the nation for Best Career ocd@stevens.edu Services by The Princeton Review in the 2013 edition of The Best 377 Colleges