Full-Time MBA Employment Outcomes 2015
Table of Contents
3
The Wisconsin Advantage
4
Wisconsin Student Profile for MBA Class of 2015
6–7
Full-Time Employment Outcomes for MBA Class of 2015
8–9
Internship Outcomes for MBA Class of 2016
10–11
Organizations Hiring Full-Time and Internship Positions
C OPPER
02 | Full-Time MBA Employment Outcomes
The Wisconsin Advantage The Wisconsin School of Business prepares students through a specialized MBA model that features a core curriculum plus a specific, deep focus in a particular business area. Our program emphasizes the importance of strong communication skills, leadership development, experiential learning opportunities with corporate partners, global perspective, and alumni engagement. Employers value the fact that our students leave our program ready to make an immediate impact, as evidenced by our continued placement success after graduation. Our program provides an opportunity for students to learn from different perspectives through its commitment to diversity. By developing cultural competence, students prepare to be effective team members, managers, and leaders in their companies and communities. The Wisconsin MBA Program was one of the first to recognize the business case for diversity. The University of Wisconsin–Madison is one of three founding members of the Consortium for Graduate Study in Management, a nonprofit organization founded in 1956 to promote diversity in education and business. EMPLOYMENT OUTCOME HIGHLIGHTS
$100,653
Average Starting Salary
$100,000
Median Starting Salary
$19,726
Average Signing Bonus
93%
of Those Actively Seeking Employment Secured Job Offers Within Three Months of Graduation
Full-Time MBA Employment Outcomes | 03
Wisconsin Student Profile for MBA Class of 2015 CLASS OF 2015 PROFILE
INCOMING REGION Northeast 2%
98
Midwest 67%
Enrollment
676
Average GMAT
5
Average Years of Professional Experience
Mid-Atlantic 8%
West 11%
28
Average Age
33%
South 7%
Southwest 5%
Women
14%
Minority
International: China, India, Taiwan
14%
International
INCOMING INDUSTRY BACKGROUND
UNDERGRADUATE MAJORS
Consulting 18% Consumer Products 11% Financial Services 13%
36%
Government 9%
47%
Manufacturing 3% Media/Entertainment 3%
17%
Nonprofit 6% Other 23% Business
Real Estate 4% Technology 10%
Engineering/Science/Technical Other (Humanities, Social Science, Other)
04 | Full-Time MBA Employment Outcomes
“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 | 05
Full-Time Employment Outcomes for MBA Class of 2015 Ninety percent of 2015 Wisconsin MBA graduates accepted offers with an average base salary of $100,653 within three months of graduation from employers located primarily in the Midwest. Students specializing in operations and technology management, supply chain management, corporate finance and investment banking, and brand and product management received the highest average salaries. BASE SALARY DISTRIBUTION
BASE SALARY
$100,653
8%
Average Salary
$100,000
<$70,000 3% 5%
$70,000–$79,999
Median Salary
$80,000–$89,999
23%
$46,000
61%
Minimum Salary
$90,000–$99,999
$190,000 Maximum Salary
$100,000+
SIGNING BONUS
SIGNING BONUS DISTRIBUTION
73%
12%
Receiving Bonus
<$10,000
23%
$19,726 Average Bonus
$10,000–$19,999 28%
$20,000
$20,000–$29,999
Median Bonus
$4,900
37%
$30,000+
Minimum Bonus
$48,750
Maximum Bonus
TIMING OF FULL-TIME ACCEPTANCES
77%
Accepted Offer Prior to or Upon Graduation
90%
Accepted Offer Within Three Months of Graduation
06 | Full-Time MBA Employment Outcomes
OTHER GUARANTEED COMPENSATION
53%
Receiving
$9,843
Average Amount
$8,400
Median Amount
Average Median Minimum Maximum Average Average Base Salary Base Salary Base Salary Base Salary Signing Bonus Other Comp.
SPECIALIZATION Applied Security Analysis Arts Administration Brand and Product Management Corporate Finance and Investment Banking Marketing Research Operations and Technology Management Real Estate Risk Management and Insurance Strategic Human Resource Management Supply Chain Management
FUNCTION
$101,667 $57,875
$95,000 $66,500
$85,000 $46,000
$125,000 $75,000
— —
$103,673
$103,000
$95,000
$117,000
$23,842
$11,011
$111,000
$110,000
$65,000
$160,000
$22,054
$7,598
$89,375
$95,000
$63,000
$107,000
$21,700
$14,489
$120,833
$115,000
$90,000
$190,000
$9,600
$11,000
$96,000
$95,000
$85,000
$125,000
$11,000
$12,813
$100,000
$100,000
$100,000
$100,000
—
—
$90,667
$98,000
$70,000
$104,000
$16,633
$8,280
$95,200
$92,000
$84,000
$110,000
$10,375
—
% Accepts
Consulting Finance/Accounting General Management Human Resources Marketing/Sales Operations/Logistics Other
14% 22% 1% 5% 31% 10% 17%
Avg. Salary $117,770 $103,000 $120,000 $90,667 $98,326 $102,375 $90,250
INDUSTRY
% Accepts
Consulting Consumer Products Financial Services Government Manufacturing Media/Entertainment Nonprofit Pharma/Biotech/Health Care Real Estate Technology Other
EMPLOYMENT OUTCOMES BY REGION Northeast 7%
$5,750 $8,000
Avg. Salary
7% $121,000 23% $102,814 12% $98,889 1% — 7% $104,500 6% $84,000 1% — 4% $90,000 13% $93,636 7% $105,714 19% $94,633
AVERAGE BASE SALARY BY PROFESSIONAL EXPERIENCE
Midwest 59%
$103,182
$107,319 $99,283
$90,000
$97,500
Mid-Atlantic 6% West 13%
Southwest 10%
South 5%
International: <1%
One year or less
1–3 Years
3–5 Years
5–7 Years
7+ Years
Full-Time MBA Employment Outcomes | 07
Internship Outcomes for MBA Class of 2016 One hundred percent of first-year MBA students (Class of 2016) who sought internship opportunities received offers with an average starting monthly salary of $5,948. CLASS OF 2016 PROFILE
INCOMING REGION
98
Midwest 40%
Enrollment
International 25%
668
Average GMAT
West 10%
5.2
Southwest 9%
Average Years of Professional Experience
29
Northeast 6%
Average Age
Mid-Atlantic 5%
40%
Women
16
South 5%
%
Minority
25%
International
0
5
10
15
20
25
30
35
40
UNDERGRADUATE MAJORS
SPECIALIZATION
Avg. Monthly Salary
Applied Security Analysis
$5,022
Arts Administration
$2,382
Brand and Product Management
$6,859
Corporate Finance and Investment Banking
$6,669
Marketing Research
$6,537
Operations and Technology Management
$6,484
Real Estate
$5,707
Risk Management and Insurance
$4,931
Business
Strategic Human Resource Management
$5,568
Engineering/Science/Technical
Supply Chain Management
$5,454
Other (Humanities, Social Sciences, Other)
08 | Full-Time MBA Employment Outcomes
35% 50%
15%
INTERNSHIP OUTCOMES BY REGION
INTERNSHIP COMPENSATION Northeast 13%
Midwest 57%
$5,948
Average Monthly Salary
Mid-Atlantic N/A West 11%
$6,400
Median Monthly Salary
51%
South 5%
Southwest 14%
Outside U.S. N/A
FUNCTION
% Accepts
Avg. Monthly Salary
Consulting
1% $8,400
Finance/Accounting
20%
$5,740
General Management
1%
$9,000
Human Resources
7%
$5,568
Marketing/Sales
37% $6,616
Operations/Logistics 9% $5,368 Other
25%
$5,131
% Accepts
Avg. Monthly Salary
Consulting
1%
$5,200
Consumer Products
29%
$6,505
Financial Services
15%
$6,410
Government
1% $2,400
Manufacturing
8% $5,024
Media/Entertainment
4%
Nonprofit
3% $2,480
INDUSTRY
$6,314
Petroleum/Energy 2% $6,505 Pharma/Biotech/Health Care
8%
$6,576
Real Estate
8%
$4,914
Technology
7% $6,260
Other
14%
Receiving Other Compensation
$3,572
Average Other Compensation
$2,825
Median Other Compensation
79%
Secured an Internship Offer by March
100%
Received Internship Offers
$5,667 Full-Time MBA Employment Outcomes | 09
Organizations Hiring Full-Time and Internship Positions Our MBA students are consistently recruited by leading companies from across the nation, 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.
Top 10 Employers
Based on the number of full-time hires from the class of 2015:
10 | Full-Time MBA Employment Outcomes
Recruited Specialization
Employers hiring students from the class of 2015 for full-time roles 2nd Market Capital Advisory 3M Accenture Amazon American Family Insurance American Girl Associated Bank Avanath Capital Management, LLC Bank of America Bentall Kennedy Clorox Company (Research and Development) Continental Properties Company, Inc. Credit Suisse CUNA Mutual Group Dell Inc. DISH Network, LLC Duff & Phelps, LLC Emerson Electric Co. Equity Commonwealth EverWest Real Estate Partners Excellis Health EY (Ernst & Young, LLP)
Fortress Freddie Mac FTI Consulting General Electric gener8tor General Mills Green Street Harris Associates LP Hershey Company Holladay Properties IBM Intuit Johnson & Johnson Family of Companies Johnson Controls Jones Lang Lasalle Kimberly-Clark Corporation Kraft Foods Group Kurt Salmon Lands’ End Madison Symphony Orchestra Nordic Consulting Northrup Grumman
Northwood Securities PepsiCo Beverages and Foods Procter & Gamble Project Success Prophet PriceWaterhouseCoopers (PwC) Rexnord Industries LLC Ridge Development Company Robert W. Baird & Co., Incorporated SC Johnson & Son, Inc. Starbucks Coffee Company Strategic Philanthropy, Ltd. Target Corporation The Opus Group Unilever United Technologies Corporation Vision Critical Walmart Wells Fargo WhiteWave Foods Yum Brands, Inc
Employers hiring students from the class of 2016 for internships 29th Street Capital 3M 92Y ADT Security Services Allianz Real Estate of America LLC Amazon American Family Insurance Bank of America Merrill Lynch Bayer HealthCare Bemis Corporation Beneficial State Bank Bloom Energy Bolz Center Chevron Cornerstone Real Estate Advisers LLC CoSign CUNA Mutual Group Dane Arts DISH Network, LLC Eaton Corporation Eli Lilly and Company Emerson ExxonMobil Fortune Brands
Gap, Inc. General Electric General Mills Guggenheim Partners Hewlett Packard Hollister, Incorporated Intuit Invesco JLT Group Johnson & Johnson Johnson Controls Jones Lang LaSalle Kimberly-Clark Corporation Kurt Salmon Land O’Lakes Lands’ End Logitech M&T Bank MEMBERS Capital Advisors MetLife Investments Milwaukee Public Museum Minneapolis Downtown Council Nakoma Capital Management LLC Nestlé USA
North American Bancard Northern Capital Management Northwestern Mutual Asset Manager OppenheimerFunds Orbitz Worldwide Oshkosh Corporation Peregrine Capital Management Procter & Gamble Prologis SC Johnson & Son, Inc. Starbucks Coffee Company Synageva BioPharma The Hartford Towers Watson Trane (an Ingersoll Rand Company) USAA Real Estate Company UW Carbone Cancer Center Valstone Partners VolCafe Ltd. WalMart Weir Minerals North America Whirlpool Corporation WhiteWave Foods Wrigley
Full-Time MBA Employment Outcomes | 11
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