2009 Annual Report

Page 7

“The best thing I can do as a leader is encourage people to think independently. You can’t always follow the crowd. You have to question whether common wisdom is true.” – Clint Carlson, Rice Class of 1979, Rice MBA Class of 1982, President and CIO of Carlson Capital, Member of the Jones School Council of Overseers

Employment

In spite of the worst economic climate since Jesse Jones loaned billions as the head of the Resolution Finance Corporation, total compensation (salary and bonuses) decreased by only 8.8 percent from last year. Most of the drop can be attributed to decreases in signing bonuses, as base salaries only decreased 3 percent. Class of 2009 employment at graduation was 52 percent and employment 3-months after graduation is projecting to be in the mid 70 percent to the low 80 percent range. While both of our percent employment metrics represent significant declines from the past two years, we expect to hold our position relative to peer schools. Full-Time MBA Salaries At Graduation

3-Years Out

Salary ($ 000s)

115 105 95 85 75 1998

2000

2002

2004

2006

2008

ote: Salaries at graduation include blended bonuses. N Salaries 3-years out do not include bonuses.

7


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.