2016 FULL REPORT

Employment Report

EMPLOYMENT REPORT 2016 2 of 12

EMPLOYMENT REPORT

Major Employers 2016

Companies That Hired Four or More Graduates (26 Companies)

Number of Hires

Percent of Hires

Number of Intern Hires

McKinsey & Company Inc. 35 7.1% 25

The Boston Consulting Group Inc. 23 4.7% 19

Amazon.com Inc. 19 3.9% 31

Bain & Company Inc. 15 3.1% 14

Accenture 13 2.6% 6

Google Inc. 12 2.4% 11

Bank of America Merrill Lynch 11 2.2% 13

PwC Strategy& 10 2.0% 3

Deloitte Consulting 9 1.8% 10

Morgan Stanley 9 1.8% 12

Goldman Sachs Group Inc. 8 1.6% 13

JPMorgan Chase & Co. 8 1.6% 10

Deutsche Bank AG 7 1.4% 2

Lazard Frères & Co. LLC 7 1.4% 5

Citigroup Inc. 6 1.2% 3

Fidelity 6 1.2% 2

PepsiCo Inc. 6 1.2% 6

A.T. Kearney Inc. 5 1.0% 12

Apple Inc. 5 1.0% 4

Cisco Systems Inc. 5 1.0% 2

Credit Suisse 5 1.0% 5

William Blair 5 1.0% 2

Barclays Capital 4 0.8% 3

Cornerstone Research Inc. 4 0.8% 1

PIMCO 4 0.8% 2

Samsung Group 4 0.8% 1

Hires at Companies Hiring Four or More Graduates (26 Companies)

245 49.9%

Hires at Companies Hiring Two or Three Graduates (36 Companies)

79 16.1%

Hires at Companies Hiring One Graduate 167 34.0%

Total 491 100.0%

EMPLOYMENT REPORT 2016 3 of 12

EMPLOYMENT REPORT

Class Analysis: Full-Time

Employment Profile Percent of Class Number of Students

Seeking Employment 88.5% 516

Not Seeking Employment 10.6% 62

Sponsored 6.7% 39

Starting Own Business/Entrepreneur 2.9% 17

Postponing Job Search 0.7% 4

Continuing Education 0.2% 1

Not Seeking, Other Reason 0.2% 1

Not Responding to Survey 0.9% 5

Total Graduates 100.0% 583

Employment Profile At GraduationBy Three Months

Postgraduation

Job Offers(1)

US Citizens/Permanent Residents 89.8% 97.6%

International Graduates 92.3% 100.0%

Total 90.7% 98.4%

Job Acceptances(1)

US Citizens/Permanent Residents 84.4% 93.7%

International Graduates 85.7% 97.8%

Total 84.9% 95.2%

Demographic Profile(2)

Mean Age 28

Mean Years of Work Experience 4.3

Female 36%

International 36%

Married 14%

(1) Represents percentage of students who are seeking employment. Six students, representing 1.2% of students seeking employment, reneged on offers that had been accepted.Two students, representing 0.4% of students seeking employment, were extended offers that were later rescinded.

(2) Demographic information is based on Full-Time MBA students matriculating in September 2014.

EMPLOYMENT REPORT 2016 4 of 12

EMPLOYMENT REPORT

Class Analysis: Full-Time (continued)

Salary by Citizenship: Full-Time

CitizenshipPercent of

HiresNumber of

HiresMinimum

Salary(1)Maximum

Salary(1)Median Salary(1)

US Citizens/Permanent Residents 63.7% 313 $75,000 $215,000 $125,000

International Graduates 36.3% 178 $60,000 $180,000 $125,000

Total 100.0% 491 $60,000 $215,000 $125,000

Salary by Undergraduate Major: Full-Time

Undergraduate Major(2)Percent of

HiresNumber of

HiresMinimum

Salary(1)Maximum

Salary(1)Median Salary(1)

Business Degree 60.6% 291 $60,000 $215,000 $125,000

Technical Degree 25.2% 121 $60,000 $160,000 $125,000

Other 14.2% 68 $80,000 $170,000 $125,000

Total 100.0% 480 $60,000 $215,000 $125,000

Salary by Years of Experience: Full-Time

Years of ExperiencePercent of

HiresNumber of

HiresMinimum

Salary(1)Maximum

Salary(1)Median Salary(1)

Less than 1 year 2.0% 10 $72,000 $125,000 $117,000

1 to 3 years 7.9% 39 $90,000 $170,000 $125,000

3 to 5 years 47.9% 235 $60,000 $215,000 $125,000

More than 5 years 42.2% 207 $62,000 $200,000 $125,000

Total 100.0% 491 $60,000 $215,000 $125,000

(1) Compensation information is self-reported. 90% of students reporting accepted offers included salary information. Insufficient data indicates less than 1% reporting for all accepted offers and/or less than 50% with salary information.

(2) Undergraduate major information is unavailable for 11 graduates.

EMPLOYMENT REPORT 2016 5 of 12

EMPLOYMENT REPORT

Class Analysis: Intern

Class Profile for First-Year Full-Time MBA, Joint Degree, and IMBA Students

Employment Profile Percent of Class Number of Students

Seeking Employment 94.2% 568

Not Seeking Employment 5.8% 35

Starting Own Business/Entrepreneur 2.7% 16

Continuing Education 1.8% 11

Sponsored 0.7% 4

Not Seeking, Other Reason 0.7% 4

Not Responding to Survey 0.0% 0

First-Year Students 100.0% 603

Employment Profile Percent of Class

Job Offers(1)

US Citizens/Permanent Residents 100.0%

International Students 100.0%

Total 100.0%

Job Acceptances(1)

US Citizens/Permanent Residents 100.0%

International Students 100.0%

Total 100.0%

Demographic Profile(2)

Mean Age 28

Mean Years of Work Experience 4.7

Female 42%

International 34%

Married 15%

(1) Represents percentage of students who are seeking employment. Three students, representing 0.5% of students seeking employment, reneged on offers that had been accepted.

(2) Demographic information is based on Full-Time MBA students matriculating in September 2015.

EMPLOYMENT REPORT 2016 6 of 12

EMPLOYMENT REPORT

New Hires by Function: Full-Time

(1) Compensation information is self-reported. 90% of students reporting accepted offers included salary information. Insufficient data indicates less than 1% reporting for all accepted offers and/or less than 50% with salary information.

(2) To be noted in this table, at least 50% of accepted offers in this function reported a bonus. Overall, 60% of accepted offers reported a sign-on bonus.

(3) In addition to base salary and sign-on bonus, 16% of students received other guaranteed compensation with a median of $25,500. Other guaranteed compensation includes guaranteed year-end bonuses and excludes perquisites (e.g., tuition reimbursements, relocation, automobile) and variable compensation (e.g., performance bonuses, stock options).

(4) Accepted offers in these functions include graduates working at start-ups: Analytics/Data Science (1), Business Development (4), Finance, Other (1), General Management (3), Sales (1), and Operations: Production/Supply Chain Management/Logistics (3). In total, 2.6% of accepted offers for the class of 2016 were with start-ups. For base salary, the minimum was $85,000, the maximum was $144,383, and the median was $119,000.

FunctionPercent of Hires

Number of Hires

Minimum Salary(1)

Maximum Salary(1)

Median Salary(1)

Median Sign-On

Analytics/Data Science(4) 1.4% 7 $90,000 $144,383 $108,000

Business Development(4) 2.9% 14 $62,000 $155,000 $120,000

Consulting 29.3% 144 $60,000 $170,000 $145,000 $25,000

Corporate Strategy/Strategic Planning 4.7% 23 $95,000 $150,000 $111,250 $20,000

Finance 37.5% 184 $60,000 $215,000 $125,000 $40,000

Company Finance (Analysis/Treasury) 3.9% 19 $80,000 $145,000 $108,000 $22,500

Investment Banking 15.1% 74 $118,000 $175,000 $125,000 $50,000

Investment Management/Research 8.4% 41 $60,000 $215,000 $125,000 $30,000

Private Equity 4.9% 24 $90,000 $200,000 $137,500

Real Estate 1.2% 6 $95,000 $165,000 $110,000

Venture Capital 1.8% 9 $120,000 $150,000 $142,000

Finance, Other(4) 2.2% 11 Insufficient data(1)

General Management(4) 7.5% 37 $80,000 $180,000 $117,000 $25,000

Marketing 7.9% 39 $80,000 $135,000 $105,000 $20,000

Brand/Product Management 6.1% 30 $98,000 $135,000 $105,000 $20,000

Sales(4) 1.2% 6 $110,000 $120,000 $116,000 $20,000

Marketing, Other 0.6% 3 Insufficient data(1)

Operations: Production/Supply Chain Management/Logistics(4) 2.4% 12 $85,000 $130,000 $120,000 $30,000

Project Management (Tech) 5.1% 25 $100,000 $151,000 $135,000 $32,000

Other 1.2% 6 Insufficient data(1)

Total 100.0% 491 $60,000 $215,000 $125,000 $25,000

(1,2,3)

EMPLOYMENT REPORT 2016 7 of 12

EMPLOYMENT REPORT

New Hires by Function: Intern

(1) In the class of 2017, 11 students reported having two internships.

(2) Compensation information is self-reported. 93% of students reporting accepted intern offers included salary information. Of that, 2% reported receiving no salary. For the 91% who reported salaries, the minimum, maximum, and median monthly salaries are represented above. Insufficient data indicates less than 1% reporting offers and/or less than 50% with salary information.

(3) Bonus information: 11% of accepted offers reported in the Consulting function received a sign-on bonus, for which the median bonus was $2,500.

(4) Accepted offers in these functions include students doing summer internships at start-ups: Business Development (12), Consulting (4), Corporate Strategy/Strategic Planning (1), Company Finance (Analysis/Treasury) (1), Venture Capital (3), Finance, Other (1), General Management (1), Brand/Product Management (3), Marketing, Other (1), Operations: Production/Supply Chain Management/Logistics (1), and Product Management (Tech) (3). In total, 5.4% of accepted offers for the class of 2017 were with start-ups. For monthly base salary, the minimum was $1,000, the maximum was $8,333, and the median was $4,000.

FunctionPercent of Hires

Number of Hires(1)

Minimum Monthly Salary(2)

Maximum Monthly Salary(2)

Median Monthly Salary(2)

Analytics/Data Science 1.2% 7 $3,000 $8,147 $6,550

Business Development(4) 5.2% 30 $500 $8,320 $4,022

Consulting(3,4) 22.6% 131 $2,400 $14,000 $12,000

Corporate Strategy/Strategic Planning(4) 8.3% 48 $3,000 $10,500 $7,200

Finance 38.9% 225 $1,666 $15,000 $9,917Company Finance (Analysis/Treasury)(4) 5.7% 33 $1,950 $9,833 $7,443

Investment Banking 14.5% 84 $3,000 $15,000 $10,416

Investment Management/Research 6.9% 40 $1,827 $14,295 $10,000

Private Client Services 0.7% 4 Insufficient data(2)

Private Equity 6.9% 40 $2,000 $12,500 $6,000

Venture Capital(4) 3.1% 18 $1,666 $10,000 $3,500

Finance, Other(4) 1.0% 6 Insufficient data(2)

General Management(4) 5.2% 30 $2,000 $10,000 $7,000

Marketing 9.8% 57 $2,000 $9,000 $6,923Brand/Product Management(4) 8.3% 48 $2,000 $9,000 $7,020

Marketing, Other(4) 1.6% 9 Insufficient data(2)

Operations: Production/Supply Chain Management/Logistics(4) 2.8% 16 $4,851 $9,586 $8,000

Product Management (Tech)(4) 6.0% 35 $1,000 $8,320 $8,000

Total 100.0% 579 $500 $15,000 $8,000

EMPLOYMENT REPORT 2016 8 of 12

EMPLOYMENT REPORT

New Hires by Industry: Full-Time

(1) Compensation information is self-reported. 90% of students reporting accepted offers included salary information. Insufficient data indicates less than 1% reporting for all accepted offers and/or less than 50% with salary information.

(2) To be noted in this table, at least 50% of accepted offers in this industry reported a bonus. Overall, 60% of accepted offers reported a sign-on bonus.(3) In addition to base salary and sign-on bonus, 16% of students received other guaranteed compensation, with a median of $25,000. Other guaranteed

compensation includes guaranteed year-end bonuses and excludes perquisites (e.g., tuition reimbursements, relocation, automobile) and variable compensation (e.g., performance bonuses, stock options).

(4) Investment Management/Research also includes Mutual Funds and Hedge Funds. (5) Healthcare Products and Services includes Biotech and Life Sciences, Healthcare Products/Medical Devices, Healthcare Services, and

Pharmaceutical Products.

IndustryPercent of Hires

Number of Hires

Minimum Salary(1)

Maximum Salary(1)

Median Salary(1)

Median Sign-On

Consulting 27.5% 135 $60,000 $170,000 $145,000 $25,000

Consumer Products 6.9% 34 $62,000 $180,000 $100,000 $20,000

Education/Government/Nonprofit 1.6% 8 $75,000 $125,000 $90,000

Energy 1.2% 6 $70,000 $90,000 $87,500

Financial Services 36.0% 177 $60,000 $215,000 $125,000 $40,000

Commercial Banking 0.4% 2 Insufficient data(1)

Diversified Financial Services 7.7% 38 $95,000 $165,000 $125,000 $40,000

Insurance 1.2% 6 $100,000 $145,000 $137,500 $20,000

Investment Banking/Brokerage 13.6% 67 $118,000 $215,000 $125,000 $50,000

Investment Management/Research(4) 6.7% 33 $60,000 $175,000 $125,000 $25,000

Private Equity 5.1% 25 $90,000 $200,000 $135,000

Venture Capital 1.2% 6 $106,000 $150,000 $140,000

Healthcare Products and Services(5) 3.3% 16 $95,000 $155,000 $115,000

Manufacturing/Chemicals/Plastics 1.6% 8 $96,000 $110,000 $108,294 $20,000

Media/Entertainment/Sports 1.2% 6 $80,000 $125,000 $102,500

Real Estate 1.0% 5 $95,000 $110,000 $108,900

Retail 1.2% 6 $80,000 $127,000 $118,000

Technology 16.7% 82 $80,000 $151,000 $125,000 $30,000

e-Commerce and Internet 9.4% 46 $80,000 $151,000 $120,000 $30,000

Hardware 3.7% 18 $100,000 $150,000 $130,000 $30,000

Software 3.1% 15 $105,000 $144,383 $130,000

Telecommunications 0.6% 3 Insufficient data(1)

Other 1.6% 8 Insufficient data(1)

Total 100.0% 491 $60,000 $215,000 $125,000 $25,000

(1,2,3)

EMPLOYMENT REPORT 2016 9 of 12

EMPLOYMENT REPORT

New Hires by Industry: Intern

IndustryPercent of Hires

Number of Hires(1)

MinimumMonthly Salary(2)

Maximum Monthly Salary(2)

Median Monthly Salary(2)

Consulting(3) 19.9% 115 $2,700 $14,000 $12,000

Consumer Products 6.2% 36 $1,950 $8,100 $6,500

Education/Government/Nonprofit 2.2% 13 $500 $7,200 $4,500

Energy 0.9% 5 $2,720 $9,833 $7,200

Financial Services 36.6% 212 $1,666 $15,000 $10,000

Diversified Financial Services 6.4% 37 $2,200 $10,500 $8,006

Insurance 0.7% 4 Insufficient data(2)

Investment Banking/Brokerage 13.1% 76 $3,000 $15,000 $10,416

Investment Management/Research(4) 7.1% 41 $1,827 $14,295 $10,000

Private Equity 6.4% 37 $2,500 $12,000 $6,000

Venture Capital 2.9% 17 $1,666 $10,000 $3,000

Healthcare Products and Services(5) 4.3% 25 $1,750 $9,000 $7,000

Manufacturing/Chemicals/Plastics 3.1% 18 $4,500 $8,071 $7,200

Media/Entertainment/Sports 1.4% 8 $3,000 $7,200 $5,893

Real Estate 1.0% 6 $2,500 $12,500 $5,000

Retail 3.1% 18 $4,000 $8,600 $6,600

Technology 19.1% 110 $1,000 $10,800 $8,000

e-Commerce and Internet 10.4% 60 $1,000 $8,666 $8,000

Hardware 2.6% 15 $3,067 $10,800 $9,388

Software 5.2% 30 $1,600 $8,500 $7,326

Telecommunications 0.9% 5 $6,720 $7,000 $6,860

Other 2.2% 13 Insufficient data(2)

Total 100.0% 579 $500 $15,000 $8,000

(1) In the class of 2017, 11 students reported having two internships.

(2) Compensation information is self-reported. 93% of students reporting accepted intern offers included salary information. Of that, 2% reported receiving no salary. For the 91% who reported salaries, the minimum, maximum, and median monthly salaries are represented above. Insufficient data indicates less than 1% reporting offers and/or less than 50% with salary information.

(3) Bonus information: 13% of accepted offers reported in the Consulting industry received a sign-on bonus, for which the median bonus was $2,500.

(4) Investment Management/Research also includes Mutual Funds and Hedge Funds.

(5) Healthcare Products and Services includes Biotech and Life Sciences, Healthcare Products/Medical Devices, Healthcare Services, and Pharmaceutical Products.

EMPLOYMENT REPORT 2016 10 of 12

EMPLOYMENT REPORT

New Hires by Location: Full-Time

Region Percent of Hires Number of Hires Median Salary(1)

United States 87.2% 428 $125,000

Midwest 31.4% 154 $127,500

Chicago 27.7% 136 $135,000

Minneapolis 1.6% 8 $108,589

West 23.4% 115 $130,000

Bay Area 13.8% 68 $135,000

Seattle 5.7% 28 $120,000

Los Angeles 3.7% 18 $125,000

Northeast 23.0% 113 $125,000

New York 18.5% 91 $125,000

Boston 4.3% 21 $135,000

Southwest 5.3% 26 $125,000

Dallas 1.0% 5 $150,000

Houston 1.0% 5 $144,000

Denver 2.0% 10 $120,000

Mid-Atlantic 2.0% 10 $115,000

South 2.0% 10 $120,000

International 12.8% 63 $111,235

Asia 4.3% 21 $119,000

Hong Kong 1.0% 5 $125,000

Seoul 1.0% 5 $110,000

Latin America and the Caribbean 3.9% 19 $100,735

São Paulo 1.4% 7 $66,000

Santiago 1.0% 5 $120,000

Europe 3.5% 17 $124,850

London 2.6% 13 $125,000

Middle East and North Africa 0.6% 3 Insufficient data(1)

Australia 0.4% 2 Insufficient data(1)

Canada 0.2% 1 Insufficient data(1)

Total 100.0% 491 $125,000

(1) Compensation information is self-reported. 90% of students reporting accepted offers included salary information. Insufficient data indicates less than 1% reporting for all accepted offers and/or less than 50% with salary information.

EMPLOYMENT REPORT 2016 11 of 12

EMPLOYMENT REPORT

New Hires by Location: Intern

Region Percent of Hires Number of Hires(1)Median Monthly

Salary(2)

United States 90.2% 522 $8,000

Midwest 34.9% 202 $7,600

Chicago 29.2% 169 $8,000

Minneapolis 1.9% 11 $8,000

West 25.2% 146 $8,000

Bay Area 13.3% 77 $8,000

Seattle 6.6% 38 $8,000

Los Angeles 4.3% 25 $7,300

Northeast 23.3% 135 $10,415

New York 20.0% 116 $10,416

Boston 2.9% 17 $10,000

Southwest 3.6% 21 $8,667

Dallas 1.4% 8 $9,635

South 2.6% 15 $7,200

Mid-Atlantic 0.5% 3 Insufficient data(2)

International 9.8% 57 $8,000

Latin America and the Caribbean 3.6% 21 $6,361

São Paulo 1.7% 10 $5,828

Mexico City 1.2% 7 $7,925

Asia 2.6% 15 $9,100

Hong Kong 1.0% 6 $10,000

Europe 2.1% 12 $9,075

London 1.0% 6 $9,750

Africa – sub Saharan 0.5% 3 Insufficient data(2)

Middle East and North Africa 0.5% 3 Insufficient data(2)

Canada 0.3% 2 Insufficient data(2)

Australia 0.2% 1 Insufficient data(2)

Total 100.0% 579 $8,000

(1) In the class of 2017, 11 students reported having two internships.

(2) Compensation information is self-reported. 93% of students reporting accepted intern offers included salary information. Of that, 2% reported receiving no salary. For the 91% who reported salaries, the minimum, maximum, and median monthly salaries are represented above. Insufficient data indicates less than 1% reporting offers and/or less than 50% with salary information.

EMPLOYMENT REPORT 2016 12 of 12

EMPLOYMENT REPORT

New Hires by Job Source: Full-Time

New Hires by Job Source: Intern

Method of Hire Percent of Hires Number of Hires

School-Facilitated 75.2% 369

Summer Employer (Booth-Facilitated) 42.6% 209

Interview on Campus: Invite Schedule 12.4% 61

Booth Job Posting/Resume Referral Service 6.1% 30

Booth-Facilitated Relationships (e.g., Blog, Networking Nights, Booth Contacts) 5.5% 27

Other Booth Source (e.g., EIP, Fellow Student, Faculty, Student Groups) 4.5% 22

Alumni Contact 2.6% 13

Interview on Campus: Bid Schedule 1.4% 7

Direct Contact with Company(1) 24.8% 122

Personal/Prior Business Contact 9.6% 47

Summer Employer (Student-Facilitated) 6.5% 32

Organization Website/External Job Board/Industry Event 6.3% 31

Direct Contact from Organization 1.0% 5

Other Source 1.4% 7

Total 100.0% 491

Method of Hire Percent of Hires Number of Hires(1)

School-Facilitated 85.1% 493

Interview on Campus: Invite Schedule 39.0% 226

Booth Job Posting/Resume Referral Service 13.0% 75

Other Booth Source (e.g., EIP, Fellow Student, Faculty, Student Groups) 10.5% 61

Booth-Facilitated Relationships (e.g., Blog, Networking Nights, Booth Contacts) 10.2% 59

Interview on Campus: Bid Schedule 9.7% 56

Alumni Contact 2.8% 16

Direct Contact with Company(2) 14.9% 86

Organization Website/External Job Board/Industry Event 6.9% 40

Personal/Prior Business Contact 6.0% 35

Direct Contact from Organization 1.4% 8

Other Source 0.5% 3

Total 100.0% 579

(1) In the class of 2017, 11 students reported having two internships.

(2) Approximately two-fifths of the accepted offers generated by students’ direct contact with companies were with firms where the school has an established recruiting relationship.

(1) Approximately one-half of the accepted offers generated by students’ direct contact with companies were with firms where the school has an established recruiting relationship.