2007 Employment Statistics

Graduate  ♦  Undergraduate 

Graduate

The 2007 Employment Statistics report presents a survey of employment data from full-time MBA students at the Robert H. Smith School of Business who graduated in December 2006 and May 2007. The Smith School adheres to MBACSC standards for gathering and reporting this data. The official MBA Career Services Council standards can be viewed by accessing the following link: www.mbacsc.org.

NOTE: 91.5% of seeking students placed within three months.

Salary Statistics

Overall Compensation Packages:

  Mean Median High
Base Salary
(US Citizens/Permanent Residents)
$90,244 $92,000 $120,000
Base Salary (Foreign Nationals) $86,058 $88,000 $120,000
Signing Bonus
(US Citizens/Permanent Residents)*
$17,214 $15,000 $47,500
Signing Bonus (Foreign Nationals)** $17,886 $11,066 $48,000

* 37% of graduates accepting positions reported a signing bonus.
** 23% of graduates accepting positions reported a signing bonus.

Top Four Career Choices By Industry:

Career Choice by Industry Percent of Class*
Financial Services    36%
Consulting Services 21.3%
Technology 12%
Consumer Products 10.7%

* Class is defined as number of full-time MBA students seeking employment.

Top Three Career Choices By Function:

Career Choice by Function Percent of Class*
Finance/Accounting 48%
Consulting 24%
Marketing/Sales 20%

* Class is defined as number of full-time MBA students seeking employment.

Top Five Geographic (Career Choice) Regions:

Location Percent of Class*
Middle Atlantic 48%
Northeast 29.3%
International 6.7%
Midwest 5.3%
West 5.3%

* Class is defined as number of full-time MBA students seeking employment.

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Detailed Compensation Statistics

Compensation by Industry:

Industry Mean Median High
Consulting Services $89,166 $92,000 $120,000
Financial Services $91,960 $95,000 $120,000
Manufacturing $82,333 $87,000 $95,000
Consumer Products $83,573 $90,000 $92,000
Media/Entertainment $75,000 $75,000 $75,000
Petroleum/Energy $92,500 $92,500 $100,000
Pharma/BioT/Healthcare Products $87,600 $85,000 $95,000
Technology $88,777 $90,000 $100,000
Non-Profit $80,000 $80,000 $80,000
Other Services $95,000 $95,000 $95,000

Compensation by Function:

Function Mean Median High
Consulting $93,138 $94,500 $120,000
Finance/Accounting $88,363 $90,000 $120,000
General Management $65,000 $65,000 $65,000
Human Resources $90,000 $90,000 $90,000
Marketing/Sales $84,352 $90,000 $97,000
MIS $87,500 $87,500 $90,000
Operations/Production $90,000 $90,000 $90,000
Other $95,000 $95,000 $95,000

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Top Hiring Companies (in terms of number of students hired)

Company Name
Campbell Soup Company
Citibank
Constellation Energy
Deloitte Consulting
IBM
JPMorgan Chase
Key Bank
KPMG
MC Dean
PricewaterhouseCoopers
UBS
Wachovia
Wells Fargo

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Undergraduate

Our undergraduate business student population averages between 2,800 and 2,900 students. Smith exemplifies diversity; almost 42% of our students are female. The average incoming GPA is over 3.9, with an average SAT score of 1360.

During their freshman year, all Smith undergraduate students begin working on a broad core of business courses including public speaking, accounting, calculus and economics. In addition to specialized coursework, upper level required classes for all undergraduate business students include business law, management and organizational theory, finance and marketing. Thus, graduating undergraduate Smith students are not only exceptionally prepared for work in their chosen field, they are big-picture, independent thinkers who can truly lead through innovation and excellence.

Spring Class of 2007 Employment Statistics
 

Average Salary                             $ 49,133
   
Average Signing Bonus                             $    4,795

Average Salary by Major

Major Salary
Accounting $51,317
Finance $49,769
General Business $33,375
Information Systems $58,857
International Business $42,286
Logistics & Transportation $51,906
Marketing $43,673
Operations/Quality Management $47,370

Employment Location

Location Percent (%)
Middle Atlantic 87%
Northeast 10.7%
South 1.4%
Midwest <1%
West <1%

Top Hiring Companies (in terms of number of students hired)

Company Name
PricewaterhouseCoopers
Ernst & Young
KPMG
Accenture
Deloitte and Touche
Lehman Brothers
Morgan Stanley
Reznick Group
JP Morgan
Citigroup
RSM McGladrey, Inc.
American Capital Strategies
Beers & Cutler
Department of Defense
IBM
Northrop Grumman
T. Rowe Price
Aldi, Inc.
Alverez and Marsal Tax
Banc of America Securities

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