2018 MS Finance Employment Report

VANDERBILT MS FINANCE

2018 EMPLOYMENT REPORT

Friends and Associates, I am excited to present the Master of Science in Finance Employment Report for the Class of 2018. The results from the Class of 2018 are a continuation of the strong employment outcomes for the program, with 93% of recent graduates reporting accepting an offer with an average base salary of $71,530.

The graduating class accepted positions across a variety of career paths.

Investment banking was very strong this year with 42% of the graduates accepting positions. However, graduates also accepted positions across other job functions including financial consulting, investment research, business analytics, real estate, corporate finance and private equity.

The MSF Career Management Team is committed to delivering programming and support on a personal scale to help students realize their career aspirations. The team begins interacting with the incoming class even before they set foot on campus through our virtual career preparation program. This gives the incoming MSF student a competitive advantage in the fall recruiting market.

We could not continue to achieve the employment outcomes without the support of the fantastic Vanderbilt Alumni, most especially the MSF alums. They are a loyal and accessible network that supports and guides the current students as well as provides recruiting contacts and relationships.

We are extremely proud of our 2018 MSF graduates and are looking forward to 2019!

Sincerely,

Emily Anderson Director, Career Management Center Vanderbilt University Owen Graduate School of Management

CLASS OF 2018

Full-Time Employment Statistics Salary Data

Class of 2018 Profile

*Salary report is based upon usable salary information on 79% of those graduates who accepted a job. **63% of graduates who reported base salary also reported receiving a signing bonus

Upon Enrollment Number of Students 51 Program Delivery Method On-Site Length of Program in Months 10 Average Years of Work Experience 1.4 years Age Range 21-27 Female Percent 18% Underrepresented Minorities Percent 23% Average GMAT 687 Average Undergraduate GPA 3.6

Total Class

Average Median Low High Base Salary* U.S. Citizen/Permanent Resident $ 69,746 $ 70,000 $ 36,400 $ 90,000 Foreign National $ 83,125 $ 83,750 $ 80,000 $ 85,000 Total $ 71,530 $ 70,000 $ 36,400 $ 90,000 Signing Bonus** U.S. Citizen/Permanent Resident $ 6,750 $ 5,000 $ 2,000 $ 12,000 Foreign National $ 12,167 $ 12,000 $ 10,000 $ 14,500 Total $ 7,605 $ 6,000 $ 2,000 $ 14,500

Job Function

Percent Investment Banking 42% Financial Consulting & Advisory 18% Investment and Research 8% Business Analytics Consulting 8% Real Estate Finance 8% Corporate Finance 8% Sales and Trading 5% Private Equity 3% North American Geographic Region Mid-Atlantic (PA, MD, VA, WV, DE, DC) Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) South (NC, SC, KY, TN, GA, FL, AL, AR) Southwest (CO, AZ, TX, OK, NM) West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)

5% 8% 26% 53% 5% 3%

Nashville Metro 16%

School-Facilitated Activities On-Campus Interviews 16% Internship - Originally Through School-Facilitated Activity 5% Job Posting / Resume Drop 21% Alumni Referral 26% Other Activities Supported by Career Center (Employer Events, Job Fairs Etc.) 8% Faculty Referral 3% Total 79% Graduate-Facilitated Activities Personal Network—(Family and Friends) Internet Job Posting / Social Media Other Student-Initiated Activities Total Total

Timing of Offers & Acceptances

Offers/Accepted

Offers/Accepted By 6 months

By Graduation After Graduation

Number Seeking Number Percent Number Percent Job Offers US Citizen/Perm Resident 33 30 91% 32 97% Foreign National 8 4 50% 6 75% Total 41 34 83% 38 93%

Job Acceptances US Citizen/Perm Resident 33 28 85% 32 97% Foreign National 8 4 50% 6 75% % Total 41 32 78 38 93%

13% 5% 3% 21% 100%

Top Metros New York 9 Nashville 6 Charlotte 4 Atlanta 3

Top Hiring Companies

Accounting for Students

Seeking Employment Not Seeking Employment Company Sponsored or Already Employed Continuing Education Starting a New Business Not Seeking for Other Reasons (JD/MSF pursuing employment in law) Total Not Seeking Employment No Recent Information Available Total Graduates

Source of Accepted Offers

Permanent Non-Permanent Total Work Work Program Authorization Authorization Graduates 33 8 41 0 0 1

0 0 0

0 0 1

7 8 0 41

0 0 0 8

7 8 0 49

Deutsche Bank SunTrust Robinson Humphrey Bank of America Merrill Lynch Capco EY PwC

3 3 2 2 2 2

This reports confirms to the MBA Career Services and Employer Alliance standard for reporting Specialty Masters Employment Statistics.

2010-2018 Employment History

Over the past eight years, Vanderbilt MS Finance students have accepted positions in the following functional areas and firms.*

Investment Banking

Arlington Capital Advisors Bank of America Merrill Lynch Barclays Bourne Partners Deloitte Corporate Finance Deutsche Bank Farley Turner & Co Fifth Third Bank Goldman Sachs Greenhill & Co Harris Williams Houihan Lokey Jefferies JPMorgan Lazard Perella Weinberg Partners Piper Jaffray Raymond James Stephens Inc. Stifel SunTrust Robinson Humphrey Wells Fargo

Sales & Trading

Deutsche Bank Flowtraders Goldman Sachs Koch Supply & Trading Morgan Stanley Trillium Trading

Real Estate Finance

Investments & Research

Altus Group Deutsche Bank Goldman Sachs Jones Lang LaSalle USAA Real Estate Company Wells Fargo

Bridgewater Associates Cambridge Associates Credit Suisse Deutsche Bank Dimensional Fund Advisors Goldman Sachs Guggenheim Partners Hamilton Lane Highland Associates ING Financial Services JPMorgan Koch Equity Development Morgan Stanley Prudential Capital Group Ramsey Quantitative Systems Robert W. Baird Stephens Inc. Susquehanna International Group Wells Fargo William Blair

Corporate Finance Allstate AMSURG Asurion Autozone Caesars Entertainment Capital One CarMax Delek US EDP Renewables ExxonMobil FedEx Henkel Humana Intel LG Electronics LifePoint Hospitals Microsoft Principal Financial Group

Advisory Services & Consulting Alvarez & Marsal Bain & Company Booz Allen Hamilton Capco Capgemini Charles River Associates Cornerstone Research Deloitte EY Houlihan Lokey Infosys Infoworks KPMG Mayo Clinic McKinsey & Company North Highland PricewaterhouseCoopers Stout Risius Ross Trinity Partners *Partial listing

Selected cities where students have accepted offers since 2010 Seattle Portland

San Francisco

Boston

Minneapolis Salt Lake City

Las Vegas

Denver

Detroit New York Milwaukee Philadelphia Chicago Washington, DC Des Moines Columbus Kansas City

Richmond

Nashville Charlotte Little Rock Atlanta

Los Angeles Phoenix Dallas

Houston San Antonio

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