MIT system design & management employment...

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MIT system design & management employment report self-funded 2015 graduates

Transcript of MIT system design & management employment...

MIT system design & management

employment report

self-funded 2015 graduates

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MIT SDM Employment Report

The MIT System Design and Management (SDM) program educates future technical leaders in architecting, engineering, and designing complex products and systems, providing them with the leadership and management skills necessary to work successfully across organizations.

Jointly offered by the MIT School of Engineering and the MIT Sloan School of Management, SDM enables students to gain both technical/engineering depth and management breadth. The program leads to an SM degree in engineering and management.

Graduates leave SDM prepared to manage effectively and creatively by using systems thinking to solve large-scale, complex challenges in product design, development, and innovation. Their unique and powerful combination of technical and managerial skills equips them to effectively lead in positions throughout a wide range of industries, across all levels and functions.

SDM annually surveys members of its most recent graduating class about their career paths. This report displays employment and compensation statistics gathered from self-funded students who graduated in February, June, and September 2015.

SDM Fellows’ Employment Profile 2015 (February, June, and September graduation dates)

53% US citizens/permanent residents

47% Non-US citizens

14 Countries

5 Continents

19% Women

64 Number of SDM fellows graduating in 2015

33 Number of company-funded fellows

31 Number of self-funded fellows

31 Self-funded fellows seeking employment

5 Self-funded fellows who remained at, or returned to, their current employers

2 Self-funded fellows starting own business

0 Self-funded fellows continuing education

9 Average years of full-time work experience prior to SDM

$78,187 Average annual salary in last position (without bonus)

Sample of Undergraduate Degrees

23% Computer Science

16% Electrical Engineering

16% Mechanical Engineering

9% Business Management

5% Chemical Engineering

5% Civil Engineering

5% Information Technology

5% Mathematics

5% Mechatronic Engineering

5% Other

3% Nuclear Engineering

3% Physics

22% Defense

16% Automotive

16% High-tech Electronics

14% Other

9% Consulting

6% Aerospace

6% Information Systems

5% Government

3% Banking

3% Energy

Prior Industry Experience

Job Search

52%salaryincrease

96% employed SDM graduates who responded to the 2015 survey

$118,625 average base salary of surveyed SDM fellows

52% increase from base salary prior to entering SDM

$25,182 average signing bonus

75% surveyed graduates receiving a signing bonus

1.9 average job offers, 2015 SDM surveyed graduates

Highest degree obtained prior to SDM 44% BS/BA/BEng 53% MS/MA/MBA 3% PhD

PRODUCT DEVELOPMENT/MANAGEMENT

29%

OPERATIONS/LOGISTICS

7%

MARKETING/SALES 4%

OTHER8%

IT / SOFTWARE

15%

CONSULTING/STRATEGY

15%

ENGINEERING

15%

GENERALMANAGEMENT

7%

Partial List of Companies that Recruited 2015 SDM GraduatesAppDynamics

NVIDIA

Vecna Technologies

Yelp

Analog Devices

SunEdison

Apple

McKinsey

Beacon Health Strategies

Tesla Motors

Amazon

Draper Labs

Boeing

Deloitte

Rackspace

Chevron

Chrysler

C3 IoT

Ericsson

GE Capital

Google

Microsoft

E.&J. Gallo Winery

Sample Job Titles after Graduation Business Growth Strategist

Consultant

Corporate Strategy Development Manager

CTO & Cofounder

IoT Smart Cities Solutions Architect

Software Engineering Manager

Senior Data Scientist

Senior Product Developer

Senior Product Manager

Senior Consultant Product Development

Senior System Engineer

Supply Demand Planner

Job Functions Held by 2015 Graduates

MIT System Design & Management77 Massachusetts Avenue, E40-315

Cambridge, MA 02139-4307

For further information, please contact:

Jonathan PrattSDM Director of Career Development and Recruiting

phone: 617.324.7106

email: [email protected]

Joan S. RubinSDM Executive Director (Interim)

Industry Codirector

phone: 617.253.2081

email: [email protected]

Copyright 2016 MIT. All rights reserved.

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