Post Graduate Report Bachelor of Science Class of 2013 Career Management in the Office of Student Services School of Hotel Administration Cornell University
Page 1 Bachelor of Science Class of 2013 U.S. Base Salaries Mean Median Range** Mean Relocation/Bonus $51,384 $52,000 $17,680 $80,000 $4,618 66% of respondents reported a salary within the range of $40,000 - $65,000 46% 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/Consulting $57,618 $56,000 $40,000 $79,000 39 21% Asset Management (9), Hospitality Consulting (7), Acquisitions (6), Finance (5), Brokerage (3), Investments (3), Property Management (2), Rotational (2), Development, Private Equity Hotel/Resort Property $38,040 $40,000 $17,680 $55,000 25 13% Rooms (12), Food/Beverage (4), Sales & Marketing (3), Revenue Management (2), Accounting/Finance (2), Human Resources, Special Events Restaurant Property/Corporate $49,182 $52,500 $21,000 $65,000 23 12% Operations (20), Real Estate (2), Supply Chain Banking/Financial Services $62,895 $65,000 $45,000 $70,000 19 10% Real Estate (8), Finance (4), Investment Banking (4), Asset Management, Corporate Strategy, Sales & Marketing Technology/Software Development $52,450 $50,000 $35,000 $78,500 10 5% Sales & Marketing (4), Revenue Management (3), Finance, Healthcare Consulting, Project Management Other Consulting $57,000 $53,500 $42,000 $80,000 11 4% Food & Beverage (3), Accounting/Auditing (2), General Management (2), Brand Development, Innovation, Online Intelligence, Sales & Marketing Hotel/Resort-Corporate $52,304 $53,000 $40,000 $60,000 9 4% Sales & Marketing (3), Accounting, Development, Finance, Food & Beverage Consulting, Strategic Sourcing, Real Estate E-Commerce $49,575 $52,500 $35,000 $60,000 8 4% Sales & Marketing (6), Data Analysis, Revenue Management Retail/Fashion $45,827 $49,000 $24,960 $57,000 6 3% Merchandising (2), Sales & Marketing (2), Buying/Financial Planning, Retail Management Beverage Distribution $49,250 $49,250 $48,500 $50,000 3 2% Sales & Marketing (3) Managed Services $44,333 $43,000 $42,000 $48,000 3 2% Food & Beverage (2), Sales Other $47,236 $48,000 $30,000 $80,000 22 11% Industry Segments: Advertising (2), Airline (2), Consumer Products (2), Entrepreneurial (2), Event Planning (2), Sports & Entertainment (2), Financial Services Media, Government Services, Grocery, IT Human Capital, News/Documentary Production, Renewable Energy Development, Senior Living, Social Media Marketing, Transportation, VIP Concierge Services International Base Salaries by Industry Segment Industry Segment Mean Median Range** Number of Students Percent Employed* Hotel/Resort-Property & Corporate $32,951 $31,600 $12,000 $60,000 8 4% Food & Beverage (2), Rooms (2), Asset Management, Development, Revenue Management, Sales & Marketing Real Estate/Consulting $51,700 $51,700 $38,400 $65,000 3 2% Advisory, Hospitality Consulting, Project Management Other $46,267 $46,200 $34,000 $60, 000 7 3% Industry Segments: Banking/Financial Services (2), Restaurant (2), Airlines, Cruise Line, Professional Sports Athlete * 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 247 graduates, 214 respondents, and 197 accepted job offers.
Page 2 U.S. Base Salaries Top Five Job Functions Job Function Mean Median Range Number of Students Percent Employed Food and Beverage $47,340 $45,000 $21,000 $65,000 29 16% Industry Segments: Restaurant (19), Hotel/Resort Property (4), Food & Beverage Consulting (3), Managed Services (2), Hotel/Resort Corporate Real Estate $58,792 $60,000 $40,000 $70,000 24 13% Industry Segments: Real Estate/Consulting (13), Banking/Financial Services (8), Restaurant (2), Hotel/Resort-Corporate Sales and Marketing $47,319 $48,500 $24,960 $60,000 24 13% Industry Segments: E-Commerce (6), Technology/Software Development (4), Hotel/Resort-Corporate (3), Hotel/Resort- Property (3), Beverage Distribution (2), Advertising, Banking/Financial Services, Consumer Products, Leadership Development Consulting, Retail/Fashion, Transportation Finance/Investment Banking $60,673 $60,000 $41,000 $78,500 23 11% Industry Segments: Banking/Financial Services (10), Real Estate (9), Airlines, Hotel/Resort-Corporate, Hotel/Resort-Property, Technology/Software Rooms Division $37,443 $39,000 $22,880 $43,000 11 6% Industry Segments: Hotel/Resort-Property (11) Base Salaries by Geographical Location Number of Students Percent Employed Location Mean Median Range United States New York Metro $54,432 $57,000 $21,000 $80,000 77 39% Mid Atlantic $54,778 $55,000 $35,000 $80,000 28 14% West $49,718 $48,000 $21,944 $78,500 26 13% Midwest $49,500 $50,000 $35,000 $70,000 15 8% Southeast $43,264 $47,500 $17,680 $55,000 15 8% New England $46,795 $45,000 $35,360 $60,000 8 4% Southwest/West Central $48,833 $50,000 $40,000 $55,000 6 3% Upstate NY $46,550 $42,600 $26,000 $75,000 4 2% International $40,288 $43,800 $12,000 $65,000 18 9% Countries: Singapore (4), United Arab Emirates (3), Canada (2), Hong Kong (2), Austria, Bulgaria, Ecuador, Mexico, Panama, Taiwan, Travelling at Sea
Page 3 Bachelor of Science Class of 2013 2013 Class Profile Employment Status Number of Students 247 Percentage of Respondents Women 50% Reporting Job Acceptance* 92% Students of Color* 36% Continuing Education 1% International 20% Seeking Acceptance to Graduate School 1% * Includes Asian American, African American, Seeking Employment 4% Native American, and Hispanic Taking Time Off 2% *includes military and entrepreneurial Employment Status Taking Time Off 2% Seeking Employment 4% Seeking Acceptance to Graduate School 1% Continuing Education 1% Reporting Job Acceptance 92%
Page 4 Source of Accepted Offers Cornell Sources 60% Other Sources 40% On-Campus Recruiting 24% Previous Summer Job Contact 11% Previous Summer Job/Externship* 12% Personal Contact 16% Job Postings 13% Job Postings 4% Faculty/Staff 7% Alumni Contact 5% Career Day 4% Cold Call 1% Entrepreneurial Venture 1% LinkedIn / Social Media 2% *Original Summer Job or Externship obtained through Career Management Cornell Sources 60% Career Day 4% Faculty/Staff 7% On campus Interviews 24% Job Postings 13% Previous Summer Job/Externship 12% Alumni Contact 5% Job Postings 4% Other Sources 40% Entrepreneurial Venture Cold Call 1% 1% LinkedIn/ Social Media 2% Previous Summer Job Contact 11% Personal Contact 16% Note: All statistics in this report are based on the students who responded to each section of the survey.
Page 5 Bachelor of Science Class of 2013 2013 Hiring Companies Accor International Sales Coordinator Aldi, Inc. District Manager American Airlines Premium Service Manager ARAMARK Food & Beverage Director Assistant Food Service Director Avero, LLC Client Operations Associate* Belmont Senior Living Manager in Training, Operations Bernstein Companies Project Coordinator Beverage Distributors Corp. Manager in Training, Sales & Marketing Blackstone Bloomberg LP Global Customer Support Bloomingdale s Executive in Training, Sales/Operation Booking.com Commercial Coordinator Boston Properties Property Management Coordinator BR Guest Restaurant Management Trainee Burger King Corporation Management Trainee, Real Estate Carnival Cruise Line Manager in Training, Dining Room At Sea Castle Hill Inn & Resort Restaurant Supervisor CBRE, Real Estate Charmer-Sunbelt Group Management Trainee, Sales & Marketing Choice Hotels International, Distribution Strategy Cintas Corporation Manager in Training, Sales Citigroup Financial Clearview Hotel Capital, LLC. Financial COMO Hotels & Resorts Duty Manager Copa Airlines Planning - Panama Crescent Heights Acquisitions Cushman & Wakefield, Equity, Debt, & Structured Finance Cvent Sales Associate* Darden Restaurants, Inc. Product Supply Davidson Hotels & Resorts Financial Daymon Worldwide Management Development Associate DDB Business Planning Credit-Suisse Investment Banking Crescent Heights Acquisitions Cushman & Wakefield Deloitte Consulting Human Capital Business DiamondRock Hospitality Co. Dick s Sporting Goods Sales Lead Dinex Group Restaurant Group Duetto Research Account Manager* Eastdil Secured, LLC Real Estate Relationship Manager Eleven Madison Park Chef Empire Merchants Business Epic Systems Project Manager/Implementation Consultant Ernst & Young Auditor Associate Business Advisor Financial Staff Consultant Transaction Real Estate * Expedia, Inc. Area Sales Manager Market Associate* Fairmont Hotels & Resorts Manager in Training, Rooms FC Wacker Innsbruck Professional Soccer Player -Austria First Republic Bank Associate Florida Everglades Professional Hockey Player Four Seasons Hotel & Resorts Manager in Training, Food & Beverage Manager in Training, Food & Beverage- Canada Manager in Training, Human Resources Manager in Training, Rooms* Manager in Training, Sales & Marketing Marketing & Public Relations Coordinator Fulcrum Hospitality, Real Estate G100 Network Sales Development Coordinator Gap, Inc. Retail Management Trainee Goldman Sachs - Singapore Gotham Organization Leasing Agent GravityTank Junior Strategy Associate Groupon Hospitality Success Associate Guggenheim Partners Health Care REIT Valuations Hillstone Restaurant Group Kitchen Manager Manager in Training, Front of House* Manager in Training, Back of House* Hilton Worldwide Coordinator, Strategy & Innovation Front Desk Agent Management Development Program, Rooms Hipmunk Business Hodges Ward Elliott Brokerage Horwath HTL Consultant- Hong Kong
Page 6 Bachelor of Science Class of 2013 Hospitality Real Estate Counselors (HREC) Associate- Brokerage Host Hotels & Resorts Rotational Hotel Asset Value Enhancement HVS Hyatt Hotels & Resorts Corporate Management Training Program, Rooms Night Auditor IBM Market Development & Insights Professional ID Media Assistant Media Strategist Ithaca Beer Co. Line Cook/Menu Writer JBG Companies Acquisitions Lodging Asset Management Jean-Georges Manager Jones Lang LaSalle Project Manager - Mexico Research & Strategic Advisory JPMorgan Chase & Co. Investment Banking Investment Banking - Taiwan Real Estate Kempkinski Hotels & Restaurants Outlet Manager-Bulgaria Kerzner International Manager in Training, Marketing -UAE Manager in Training, Rooms -UAE Kimpton Hotels & Restaurants * Manager in Training, Sales & Marketing Restaurant Manager LaSalle Hotel Properties * Lazard Investment Banking LCOR Associate Asset Manager Le Café Cent Dix Chef de Cuisine Lehman Brothers Holdings, Inc. Commercial Real Estate Les Amis Group Assistant Manager- Singapore Lord & Taylor Assistant Buyer/Planner Luxury Attaché Attaché LW Hospitality Advisors Associate Macy s Executive Development Trainee Madison International Realty Real Estate Marriott International Development, Planning, & Feasibility Manager- UAE Meltwater Group Sales Consultant Menu Pte Ltd Operations Service Manager- Singapore Microsoft Business Moody s Investor Service Associate Morgans Hotel Group Junior Staff Accountant ONE Group Assistant Project Manager Oracle Corporation Inside Sales Representative Pan Pacific Hotels Group Revenue Manager-Singapore PAR Springer-Miller Systems Business Paramount Merchant Funding Sales Associate PeopleLinx Business Intelligence PepsiCo Key Account Manager Pergament Advisors Operational Consultant Playa Hotels & Resorts Financial Planning Practice Makes Perfect, Inc. Founder/CEO PricewaterhouseCoopers Advisory Consultant- Ecuador Associate* Prudential Financial / Real Estate Investors * Quince Pacific Avenue Back Waiter Ralph Lauren Corporation Merchandise Assistant RBS Citizens Corporate Banking Richfield Roti Mediterranean Grille Development Coordinator Sabre Hospitality Solutions Account Management Specialist* Shake Shack Supply Chain Coordinator Soledad O Brien Personal Assistant Southworth Development Special Events Coordinator STAR Management Ventures Founder and CEO Starwood Hotels & Resorts Management Trainee, Finance Management Trainee, Front Office Management Trainee, Revenue Management Management Trainee, Rooms- Hong Kong Marketing & Communications Global Brand Team Revenue Management Services Coordinator Statler Hotel Regent Lounge Manager Strategic Analysis, Inc. Conference Facility Manager SunPower Corporation Business Process Sunstone Hotel Investors Financial Susan Holland Events Event Coordinator TD Ameritrade Corporate Strategy TEKsystems Healthcare Technical Recruiter Terra Capital Partners, LLC
Page 7 Bachelor of Science Class of 2013 Bachelor of Science Class of 2013 Think Food Group Restaurant Manager Trust Hospitality Manager in Training, Front Office US Airways Senior Financial Veolia Transportation Sales & Driver Relations Manager Viacom TV Production Assistant Wedgewood Wedding & Banquet Center Catering Sales Director Wells Fargo Bank Financial * Westmont Hospitality Financial - Canada Willow Road Assistant General Manager Wyndham Worldwide Strategic Sourcing Specialist Waldorf=Astoria Hotel Manager in Training, Rooms Division Walton Street Capital Acquisitions/Asset Management * More than one person accepted this position with company
Bachelor of Science 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 14853 p. (607) 255 6376 f. (607) 255 9540 www.hotelschool.cornell.edu careermanagement@cornell.edu