Employment Report for the MBA Class of 2008
Industry |
Percentage of Class |
Median Base Salary |
Median Signing Bonus |
Consulting |
27 |
$125,000 |
$20,000 |
Private Equity/LBO |
14 |
$150,000 |
$32,500 |
Hedge Funds |
8 |
$150,000 |
$25,000 |
Internet Services/E-Commerce |
6 |
$115,000 |
$22,500 |
Investment Banking/Brokerage |
5 |
$ 95,500 |
$40,000 |
Nonprofit |
5 |
$ 80,000 |
n/a |
Venture Capital |
5 |
$155,000 |
n/a |
Investment Management |
4 |
$127,500 |
$19,125 |
Real Estate |
4 |
$112,500 |
$15,000 |
Consumer Products |
3 |
$100,000 |
$20,000 |
Pharma/Biotech/Healthcare |
3 |
$103,750 |
$20,000 |
Consumer Electronics/Hardware |
3 |
$115,500 |
$10,000 |
Media/Entertainment |
3 |
$ 96,000 |
$20,000 |
Tech-Software |
3 |
$110,000 |
$15,000 |
Other Services |
3 |
$ 75,000 |
n/a |
Financial Services-Diversified |
2 |
$115,000 |
$40,000 |
Petroleum/Energy |
2 |
$110,000 |
$28,500 |
Manufacturing |
1 |
$115,000 |
n/a |
Total does not equal 100% due to rounding. Top Functions: Consultant 29%; Private Equity 16%; Investment/Portfolio Manager 8%; Product/Brand Manager 8% Base Salary: median $120,000 (range $30,000-$250,000) Signing Bonus: median $20,000 (range $2,500-$200,000) Other Guaranteed Compensation: median $40,000 (range $2,000-$250,000) Source: Career Management Center |
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We're excited to announce that second-year MBA student Andreata Muforo won the Social Equity Venture Fund (S.E.VEN) "Entrepreneurial President" essay competition and a $20,000 scholarship. Assuming the role of policy advisor to President Paul Kagame of Rwanda, she wrote an essay on "Developing Rwanda's Private Sector through Entrepreneurship," which will be presented to President Kagame.