Full-Time MBA Employment Outcomes 2013–2014
Table of Contents
3
The Wisconsin Advantage
4
Wisconsin Student Profile for MBA Class of 2014
6–7
Full-Time Employment Outcomes for MBA Class of 2014
8–9
Internship Outcomes for MBA Class of 2015
10–14
Organizations Recruiting Full-Time and Internship Positions
COPPE R 01 || Corporate 02 Full-Time Relations MBA Employment Sales Kit Outcomes
The Wisconsin Advantage The Wisconsin School of Business at the University of Wisconsin–Madison continues to prepare our MBA students for the challenges of global business through our specialized model that emphasizes a strong core curriculum and deep expertise in key fields of business with active, hands-on learning experiences.
2014 MBA Employment Outcomes Highlights The Wisconsin MBA Class of 2014 continued the Wisconsin tradition of placement success after graduation. More than 90 percent of our students secured job offers within three months of graduation, and 88 percent accepted those opportunities. The average starting salary rose to $95,797, continuing a trend of higher starting salaries annually for our graduates.
Employment Outcomes The Wisconsin School of Business is proud to report that 88 percent of graduates seeking employment accepted full-time positions within three months of graduation. Many other graduates returned to positions at their previous employers or chose to become entrepreneurs and start their own businesses.
92
Total Graduates
85
OVERALL AVERAGE SALARY STATISTICS
$95,797
Average Starting Salary
$99,000
Median Starting Salary
$65,000– $135,000
7
Graduates Seeking Employment
88%
Full-Time Employment Acceptance
12%
Still Seeking Full-Time Employment
Graduates Seeking Other Opportunities Returning to Former Employer Upon Graduation Continuing Education Beyond the MBA Postponed Job Search for Personal Reasons Starting a New Business
Base Salary Range
$18,051
Average Signing Bonus
$750–$45,000 Signing Bonus Range
88%
of Those Actively Seeking Employment Secured a Full-Time Position Within Three Months of Graduation Full-Time MBA Employment Outcomes | 03
Wisconsin Student Profile for MBA Class of 2014 CLASS OF 2014 PROFILE
INCOMING REGION Northeast 14%
92
Midwest 52%
Enrollment
675
Average GMAT
5
West 10%
Average Years of Professional Experience
Mid-Atlantic 14%
29
Average Age
31%
Women
South 4%
Southwest 5%
22%
U.S. Possessions and Territories 1%
Minority
24%
International: Canada, China, India, Thailand, South Korea
International
INCOMING INDUSTRY BACKGROUND Financial Services 22% Technology 16% Other 16%
UNDERGRADUATE MAJORS
Consulting 13% 17%
Manufacturing 7%
32%
Real Estate 7% Nonprofit 6%
28%
Government 5%
23%
Consumer Products 4% Media/Entertainment 2% Petroleum/Energy 2%
04 | Full-Time MBA Employment Outcomes
Business/Economics
Social Science
Engineering/Science
Humanities
Full-Time MBA Employment Outcomes | 05
Full-Time Employment Outcomes for MBA Class of 2014 Nearly 90 percent of 2014 Wisconsin MBA graduates accepted offers with an average base salary of $95,797 within three months of graduation from employers located primarily in the Midwest. Students specializing in risk management and insurance, operations and technology management, and supply chain management received the highest average salaries. BASE SALARY
BASE SALARY DISTRIBUTION 1.3%
$95,797 Average Salary
<$70,000
9.9%
$99,000 Median Salary
$70,000–$79,999
14.1%
$65,000
Minimum Salary
$80,000–$89,999
49.3%
$135,000
$90,000–$99,999
Maximum Salary
25.4% $100,000+
SIGNING BONUS
83%
SIGNING BONUS DISTRIBUTION
Receiving Bonus
$18,051 Average Bonus
$15,000
20.4%
Median Bonus
<$10,000
28.8%
$750
$10,000–$19,999
Minimum Bonus
$45,000
$20,000–$29,999 25.4%
Maximum Bonus
$30,000+
25.4%
TIMING OF FULL-TIME ACCEPTANCES
72%
Accepted Offer Prior to or Upon Graduation
88%
Accepted Offer Within Three Months of Graduation
06 | Full-Time MBA Employment Outcomes
OTHER GUARANTEED COMPENSATION
32%
Receiving
$14,312
Average Amount
$10,000
Median Amount
Average Base Salary
Median Base Salary
Minimum Base Salary
Maximum Base Salary
Average Signing Bonus
Average Other Comp.
Applied Security Analysis
$88,889
$90,000
$75,000
$100,000
$10,688
$18,000
Arts Administration
$82,000
$82,000
$82,000
$82,000
—
$6,833
Brand and Product Management $97,321
$100,000
$70,000
$120,000
$22,380
$10,000
Corporate Finance and Investment Banking
$95,561
$95,000
$75,000
$118,000
$18,439
$25,000
Marketing Research
$95,000
$95,000
$80,000
$106,000
$23,655
$5,500
Operations and Technology Management
$111,700
$110,100
$105,000
$120,000
$22,500
$28,667
Real Estate
$84,778
$80,000
$65,000
$100,000
$9,500
$12,587
Risk Management and Insurance
$132,500
$132,500
$130,000
$135,000
$33,750
$19,500
Strategic Human Resource Management
$92,200
$70,000
$111,000
$22,500
$10,700
Supply Chain Management
$102,444
South $95,000 0% $100,000
$90,000
$120,000
$11,778
$8,667
SPECIALIZATION
FUNCTION
% Accepts
Avg. Salary
Consulting
6.7%
$101,000
Finance/Accounting
29.3%
General Management Human Resources
% Accepts
Avg. Salary
Consulting
2.7%
$105,000
$92,114
Consumer Products
29.3%
$93,083
10.7%
$98,263
Financial Services
22.7%
$91,883
5.3%
$97,750
Manufacturing
8.0%
$107,500
Marketing/Sales
26.7%
$95,676
Media/Entertainment
8.0%
$101,667
Operations/Logistics
5.3%
$101,250
Petroleum/Energy
1.3%
$85,000
Other
16%
$95,501
Pharma/Biotech/Health Care
5.3%
$95,000
Real Estate
8.0%
$83,833
Technology
10.7%
$99,175
Other
4.0%
$110,033
INDUSTRY
EMPLOYMENT OUTCOMES BY REGION Northeast 6.8%
AVERAGE BASE SALARY BY PROFESSIONAL EXPERIENCE $101,346
Midwest 60.8%
$90,214
$90,751
1–3 Years
3–5 Years
$98,286
Mid-Atlantic 1.4%
West 16.1%
Southwest 14.9%
Dark Color Denotes Placement
South 0%
5–7 Years
7+ Years
Full-Time MBA Employment Outcomes | 07
Internship Outcomes for MBA Class of 2015 Ninety-nine percent of first-year MBA students (Class of 2015) who sought internship opportunities received offers with an average starting monthly salary of $5,422.
CLASS OF 2015 PROFILE
INCOMING REGION Mid-Atlantic 7%
101
Enrollment
Midwest 57%
676
Northeast 2%
Average GMAT
5
South 6%
Average Years of Professional Experience
Southwest 4%
28
Average Age
West 9%
33%
Women
Asia 14%
14%
Eastern/Central Europe and Central Asia 1%
Minority
14%
International
0 SPECIALIZATION
10
20
30
UNDERGRADUATE MAJORS
40
50
60
Avg. Monthly Salary
Applied Security Analysis
$3,424
Arts Administration
$2,698
Brand and Product Management
$6,348
Corporate Finance and Investment Banking
$5,671
Marketing Research
$6,256
Operations and Technology Management
$6,960
Real Estate
$3,866
Risk Management and Insurance
$5,840
Strategic Human Resource Management
$5,840
Supply Chain Management
$5,217
15%
47%
19%
17%
Business/Economics
Social Science
Engineering/Science
Humanities
Other
08 | Full-Time MBA Employment Outcomes
2%
INTERNSHIP OUTCOMES BY REGION
INTERNSHIP COMPENSATION Midwest 63.4%
Northeast 7.5%
$5,422
Average Monthly Salary Mid-Atlantic 2.2%
West 11.8%
Southwest 7.5%
South 6.5%
% Accepts
Avg. Monthly Salary
Consulting
8.7% $6,358
Finance/Accounting
25%
$4,849
General Management
3.3%
$4,610
Human Resources
4.3%
$6,500
Marketing/Sales
33.7% $6,233
Operations/Logistics 7.6% $5,217 Other
17.4%
$3,975
% Accepts
Avg. Monthly Salary
Consulting
3.3%
$6,133
Consumer Products
24%
$6,346
Financial Services
13%
$4,412
Manufacturing
8.7% $5,924
Media/Entertainment
2.2%
Nonprofit
5.4% $3,057
Pharma/Biotech/Health Care
5.4%
$7,693
Real Estate
12%
$3,417
Technology
9.7% $6,345
Other
16.3%
INDUSTRY
Median Monthly Salary
45%
Receiving Other Compensation
$3,207
Average Other Compensation
Dark Color Denotes Placement
FUNCTION
Outside U.S. 1.1%
$6,000
$5,500
$2,750
Median Other Compensation
74%
Secured an Internship Offer by March
99%
Received Internship Offers
$5,297
Full-Time MBA Employment Outcomes | 09
Organizations Recruiting Full-Time and Internship Positions Equipped with the breadth of knowledge and depth of understanding needed to make an immediate impact in todayâ&#x20AC;&#x2122;s highly competitive business world, our MBA students are consistently recruited by leading companies from across the nation.
Top 10 Recruiting Companies
10 | Full-Time MBA Employment Outcomes
SC M
R M SH
I R M
R E
O TM
R M
C FI B
PM C B
R TS
A
Employer
A SA
P
Recruited Specialization
3M X X Ablum Brown & Company Inc.
X
X
Ackman-Ziff Real Estate Group LLC X Allianz Real Estate of America X Allina Hospitals and Clinics
X X X X X X X X X X
Amazon X X X X American Family Insurance X X American Players Theatre X American Sugar Refining Inc. X Analysis Group X Applied Materials X AT&T Inc. X X X X Atmel Corporation X X Baird
X X X
Best Buy X Big Heart Pet Brands X Bose Corporation X Bravo! Vail Valley Music Festival X Brokerage Consultants Inc. (BCI)
X X X
Burke Inc. X Burns & Wilcox X Capri Foundation
X X X X X X X X X X
CDC Development Solutions
X X X X X X X X X X
Chamber Music Northwest X Chicago Meat Authority X Citigroup
X X X X X X X X X X
Clorox Company X X Coe Capital Management
X
Colony Brands X X X Columbia Asset Management
X
Craig-Hallum Capital Group X CUNA Mutual
X X
Deloitte Consulting LLP X Deutsche Bank X Direct Supply X X DirecTV X X DISH Network X X X X X X ASAP = Applied Security Analysis Program ARTS = Arts Administration CBPM = Center for Brand and Product Management CFIB = Corporate Finance and Investment Banking MR = Marketing Research
OTM = Operations and Technology Management RE = Real Estate RMI = Risk Management and Insurance SHRM = Strategic Human Resource Management SCM = Supply Chain Management Full-Time MBA Employment Outcomes | 11
Organizations Recruiting Full-Time and Internship Positions SC M
R M SH
I R M
R E
O TM
R M
C FI B
PM C B
R TS
A
Employer
A SA
P
Recruited Specialization
DTE Energy X Duff & Phelps X E & J Gallo X ECG Management Consultants
X X X X X X X X X X
Ecolab X Edward Jones
X X X X X X X X X X
Eli Lilly and Company X Environmental Defense Fund
X X X X X X X X X X
Environmental Law & Policy Center
X X X X X X X X X X
Fidelity Investments
X
Forsythe Technology X Fortune Brands Home Security X X X X General Electric X X General Mills X X Geneva Capital Management
X
Giva X Great Lakes Educational Loan Services
X X X X X X X X X X
Harley-Davidson Motor Company
X X X X X X X X X X
Heartland Advisors
X
Hewlett-Packard X Hillâ&#x20AC;&#x2122;s Pet Nutrition X Hines Interests X Hollister X Houlihan Lokey Howard and Zukin X HR&A Advisors X Intuit X X Invenergy X IPM Institute of North America
X X X X X X X X X X
Janus Capital Group
X
Jockey X Johnson & Johnson X X X Jordan, Knauff & Company X Kimberly-Clark X X X X Knowledge Drive
X X X X X X X X X X
Kraft Foods X X Kurt Salmon Associates
X X X X X X X X X X
Lancaster Pollard X X ASAP = Applied Security Analysis Program ARTS = Arts Administration CBPM = Center for Brand and Product Management CFIB = Corporate Finance and Investment Banking MR = Marketing Research 12 | Full-Time MBA Employment Outcomes
OTM = Operations and Technology Management RE = Real Estate RMI = Risk Management and Insurance SHRM = Strategic Human Resource Management SCM = Supply Chain Management
SC M
R M SH
I R M
R E
O TM
R M
C FI B
PM C B
R TS
A
Employer
A SA
P
Recruited Specialization
Lands’ End X X Lazard Middle Market
X X
Levy Family Partners
X X X
Liberty Mutual Insurance X X X X Logitech X Longview Asset Management
X
Lynn Hazan & Associates X X Madison Investment Advisors
X
Mars Chocolate North America X Mattel X McKinsey & Company X McMaster Carr Supply Co. X X X X X X MGIC (Mortgage Guaranty Insurance Corporation) Microsoft
X
X
X
X X X X X X X X X X
MidCap Financial X X Milwaukee Bucks
X X X X X X X X X X
Modern Woodmen of America X Moody’s Corporation X X Morgan Stanley X Morningstar X Music@Menlo X Nestlé Purina X X Nestlé USA X NISA Investment Advisors
X X
Northwestern Mutual
X X X X X X X X X X
NWQ Investment Management Company
X
Office of the Minnesota Attorney General X Ohio Public Employees Retirement System
X
Orbitz Worldwide X Pacific Life Insurance Company X PepsiCo–QTG (Quaker Tropicana Gatorade) X Philips X X X Present Music X Procter & Gamble X X X Prophet X Prudential X Raytheon X ASAP = Applied Security Analysis Program ARTS = Arts Administration CBPM = Center for Brand and Product Management CFIB = Corporate Finance and Investment Banking MR = Marketing Research
OTM = Operations and Technology Management RE = Real Estate RMI = Risk Management and Insurance SHRM = Strategic Human Resource Management SCM = Supply Chain Management Full-Time MBA Employment Outcomes | 13
Organizations Recruiting Full-Time and Internship Positions SC M
R M SH
I R M
R E
O TM
R M
C FI B
PM C B
R TS
A
Employer
A SA
P
Recruited Specialization
REAL Insight X Rexnord
X X X X X X X X X X
RockAuto X X X X Rolls Royce North America X SC Johnson X SCA Packaging X Sigma-Aldrich Corporation X X X SoFi X X X X Starbucks X X X State of Wisconsin Investment Board (SWIB)
X X X X
Susan Rosenstein Executive Search X Swiss Finance
X X X X X X X X X X
T. Rowe Price
X
T3 Trading Group
X X
TA Associates Realty X The JBG Companies X Thomson Reuters
X X X X X X X X X X
Thornburg Investment Management
X
Thrivent Financial
X X X X X X X X X X
U.S. Cellular X X X UGN Inc. X United Airlines X University of Wisconsinâ&#x20AC;&#x201C;Extension X USAA Real Estate Company X Ventas X X Verisk Health
X X X X X X X X X X
Verizon X X X X X VF Corporation X Vicus Partners X X X X Walmart X Webcrafters X Wellington Management
X X
WhiteWave Foods X Wisconsin Public Radio X Wolf Trap Foundation for the Performing Arts X ASAP = Applied Security Analysis Program ARTS = Arts Administration CBPM = Center for Brand and Product Management CFIB = Corporate Finance and Investment Banking MR = Marketing Research
14 | Full-Time MBA Employment Outcomes
OTM = Operations and Technology Management RE = Real Estate RMI = Risk Management and Insurance SHRM = Strategic Human Resource Management SCM = Supply Chain Management
“We recruit Wisconsin students every year because we know the specialized curriculum and focus on applied learning give students vital experience and skills.” – BENJAMIN LAWNICKI Brand Manager, Strategy of Innovation, Kimberly-Clark
Full-Time MBA Employment Outcomes | 15
Wisconsin Full-Time MBA Program Wisconsin School of Business University of Wisconsinâ&#x20AC;&#x201C;Madison 2450 Grainger Hall 975 University Avenue Madison, WI 53706 608-262-4000 mbacareers@bus.wisc.edu bus.wisc.edu/MBA