VAST RESOURCES. PERSONAL FOCUS. 1
Final Employment Review for Smeal MBA Class of 2011 Full-Time Employment 2
Profile for Smeal MBA Class of 2011 Entering Class Size: 84 Mean Prior Work Experience: Mean Age of New Entrants: Median Age of New Entrants: 55 months 28 years 27 years Mean GMAT Score: 652 Median GMAT Score: 650 Mean Undergraduate GPA: 3.3 3
Undergraduate Specialization of 2011 Graduates Business Technical Other 36% 26% 38% Note: Percentage of job-accepting graduates according to their undergraduate major (Technical, Business, and Other). 4
Compensation Overview Base Salary Mean: $85,711 Median: $87,154 Maximum: $120,000 Minimum: $37,500 Other Guaranteed Compensation Percent receiving: 28% Mean: $9,175 Median: $7,000 Maximum: $25,000 Minimum: $2,000 Signing Bonus Percent receiving: 67% Mean: $11,048 Median: $10,000 Maximum: $25,000 Minimum: $1,000 Note: Other Guaranteed Compensation may include other taxable payroll compensation such as a guaranteed annual bonus or guaranteed overtime compensation. It excludes stock options, tuition reimbursement, moving expenses, and relocation allowance monies. 5
Job Offer Overview Job Offers Received By graduation: 65% By 3 months after graduation: 84% Job Offers Accepted Before graduation: 62% By 3 months after graduation: 78% 6
Employment by Function General Management 8 Finance/Accounting 10 Consulting 16 Marketing/Sales 30 Operations/Logistics 36 0 10 20 30 40 Percent 7
Base Salary by Function Finance and Accounting Marketing and Sales Operations and Logistics Consulting General Mgmt Mean $86,500 $78,755 $84,042 $102,750 $77,291 Median $85,000 $75,000 $87,154 $108,500 $76,082 8
Employment by Industry Financial Services 6 Pharma/Biotech/Healthcare 8 Technology Consumer Products Consulting 10 12 16 Other 22 Manufacturing 26 0 5 10 15 20 25 30 Percent 9
Base Salary by Industry Consulting Financial Services Pharma/ Biotech & Health Care Technology Manufacturing Consumer Products Mean $102,750 $77,500 $103,750 $94,600 $85,022 $70,167 Median $108,500 $82,500 $107,500 $92,000 $88,404 $72,500 10
Smeal MBA 2010 Graduates Full-Time Employment by Geographic Region Mid-Atlantic 37% Northeast 21% Midwest 16% West 12% South 8% Southwest 6% 0% 10% 20% 30% 40% 11
Base Salary by U.S. Geographic Region Mid- Atlantic Northeast South Southwest Midwest West Mean $80,147 $92,625 $101,750 $77,817 $81,076 $91,694 Median $80,000 $88,000 $101,000 $85,000 $87,154 $90,000 12
Organizations Hiring Class of 2011 MBAs Accuweather* Air Products and Chemicals, Inc. Apple Carlisle Companies Inc. (2)* Caterpillar Centris Consulting Colgate-Palmolive Corning Inc. (2)* Crocs, Inc. Cummins Inc. (2)* Danaher Corp. (Tektronix)* DecisionPro* DEI Holdings, Inc. Dell Inc.* Deloitte Consulting LLP (2)* dunnhumbyusa DuPont Ernst & Young (3)* H.J. Heinz Company Hirtle, Callaghan & Company IBM (2) Johnson & Johnson Kellogg Company Kraft Foods, Inc. Lockheed Martin Mediterranean Shipping Company* Niagara Bottling, LLC Oracle (2)* Pfizer Inc. PNC Financial Services Group QBC Diagnostics Rockwell Automation San Francisco Intl Airport Sears Holdings Corporation (2)* SKIM Group Smith & Nephew Snyder s Lance, Inc. Standard Register State College Chiropractic Group TOTALogistix, Inc.* * Denotes company that hired international student(s) (#) Denotes number of graduates hired by the company if greater than 1 13
Final Employment Review for Smeal MBA Class of 2012 Internship Employment 14
Internship Activity Overview Percentage of Class Completing a Summer Internship or Project: 93% Internship Compensation Base Weekly Salary Mean: $1255 Median: $1320 Maximum: $1996 Minimum: $310 Notes: 1) Base salary data presented in a weekly format; multiply by 4.33 to convert to a monthly format. 2) Base salary data excludes other compensation items such as relocation, corporate housing, and guaranteed overtime pay. Only paid internships are included in the data set. 3) Many firms include non-salary perquisites as part of the overall internship offering, which lowers average salary statistics and can make it difficult to accurately compare one offer against another. 15
Organizations Hiring Class of 2012 MBA Interns Air Products and Chemicals Inc. AmerisourceBergen (2)* Analog Devices Apple (5)* Baker Hughes Carlisle Companies Inc. (2)* Chase Chevron Colgate-Palmolive Convergent Wealth Advisors Corning Inc. * Cummins Inc. * Curtiss-Wright Defense Logistics Agency Dell Inc. (2)* Deloitte Consulting LLP Dow Chemical DuPont (2)* Education Management Corporation Environmental Defense Fund ViaWest* Ernst & Young * Essence Securities* ExxonMobil First Hawaiian Bank Forest Laboratories, Inc. Geodis* Goodyear Tire and Rubber Company (3) Google Inc. Hershey Entertainment Resort Hess Corporation (3) Human Genome Sciences, Inc. INDIGO Biosciences, Inc. (2)* Inst. for Management & Financial Research Ctr. For Microfinance Intel Corporation Johnson & Johnson JLG Industries, Inc. JM Smucker Company Kimberly-Clark Professional Kraft Foods, Inc. Mars Chocolate North America (2) Momentive Performance Materials Inc.(2)* Nationwide Financials* Normandy Real Estate Penn State University (2)* Pfizer Inc. (4) PPG Industries (2) PSU/GPIC (2) QBC Diagnostics* Quest Diagnostics Reckitt Benckiser* Relay Network, LLC* Sears Holdings Corporation (6)* Spring Creek Rehabilitation Stryker TE Connectivity* The Ackman-Ziff Real Estate Group LLC* The Hartford Group UGI Energy Services Verizon Communications VWR International, LLC (3)* Wegger & Kvalsvik* * Denotes company that hired international student(s) (#) Denotes number of graduates hired by the company if greater than 1 16
STATEMENTS ON COMPLIANCE WITH THE MBA CAREER SERVICES COUNCIL STANDARDS 1) This report conforms to the MBA Career Services Council Standards for the reporting of MBA permanent employment statistics. 2) This report is compiled from data collected through September 30, 2011. 3) Smeal MBA Career Services (SMCS) collected useable employment information for 95% of full-time MBA students who graduated between July 1, 2010 and June 30, 2011. 4) SMCS received usable salary information from 92% of employed students. 5) Students enrolled in the BS/MBA, MBA/MHA, or JD/MBA dual-degree programs are not included in this report. 6) Base salary statistics exclude bonuses, commissions, benefits, perquisites, and stock options. 17