2019 MS Finance Employment Report

VANDERBILT MS FINANCE

2019

EMPLOYMENT REPORT

F R I E N D S A N D A S S O C I AT ES , I’m thrilled and honored to present the Vanderbilt Master of Science in Finance Class of 2019 Employment Report on the heels of our #1 MSF ranking in the Wall Street Journal/Times Higher Education business school report. The Vanderbilt MSF program had a record year for employment outcomes.

Celebrating another year at 100%: The MSF program reached 100% employment for the third time in five years, with all seeking students in the Class of 2019 accepting an offer for a full-time job within 90 days of graduation. Although the MBA CSEA standards for specialty masters reports outcomes at six months post-graduation, we are excited to report our students reached that milestone within three months of graduation.

Record salary outcomes: The Class of 2019 set a program record with an average salary of $78,343, a 10% increase from the Class of 2018. Part of this unprecedented average salary can be attributed to another program record: 29 students (53% of the class) entered investment banking upon graduation. In addition to investment banking, graduates accepted positions in a variety of functions including investment management, real estate, consulting, and private equity.

Excellent outcomes in diverse paths and geographies: MSFs from the Class of 2019 are spread across the U.S., with this class boasting one of the largest percentages of students ever to land in New York (33%).

As we celebrate our 15th year of the Vanderbilt MSF program, we are one of the most established and well-respected programs in the country, with an active and invaluable alumni base. A loyal and accessible alumni network is essential in today’s competitive job market, and we would not be able to achieve this level of employment outcomes without the support of incredible Vanderbilt alumni. Our focus on networking and our tailored virtual career programming (that starts job search preparation even before classes begin) give our students a key competitive advantage.

$78,343 The average base salary for the MSF Class of 2019.

100

%

Percentage of the Class of 2019 that accepted an offer within 3 months of graduation.

I’m incredibly proud of how successfully the Vanderbilt MSF Class of 2019 graduates have launched their careers and look forward to continuing this strong track record with the Class of 2020.

$9,338

Sincerely,

The average signing bonus received by the Class of 2019.

Megan Nichols Associate Director, Career Management Center Vanderbilt University Owen Graduate School of Management

CLASS OF 2019

Full-Time Employment Statistics Salary Data

Class of 2019 Profile

*Salary report is based upon usable salary information on 93% of those graduates who accepted a job. **73% of graduates who reported base salary also reported receiving a signing bonus.

Total Class

Average Median Low High Base Salary* U.S. Citizen/Permanent Resident $ 77,013 $ 80,000 $ 50,500 $ 100,000 Foreign National $ 83,182 $ 85,000 $ 25,000 $ 150,000 Total $ 78,343 $ 82,000 $ 25,000 $ 150,000 Signing Bonus** U.S. Citizen/Permanent Resident $ 9,241 $ 10,000 $ 5,000 $ 25,000 Foreign National $ 9,688 $ 10,000 $ 5,000 $ 20,000 Total $ 9,338 $ 10,000 $ 5,000 $ 25,000

Job Function

Percent Investment Banking 53% Financial Consulting & Advisory 11% Investments & Research 9% Business Analytics Consulting 7% Real Estate Finance 7% Sales & Trading 5% Private Equity 4% Corporate Finance 4% Geographic Region Mid-Atlantic (PA, MD, VA, WV, DE, DC) 2% Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) 9% Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) 36% South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) 38% Southwest (CO, AZ, TX, OK, NM) 0% West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) 9% Asia 4% Europe 2% Nashville Metro

13%

Timing of Offers & Acceptances

Offers/Accepted

Offers/Accepted By 3 months

By Graduation After Graduation

Number Seeking Number Percent Number Percent Job Offers U.S. Citizen/Permanent Resident 43 40 93% 43 100% Foreign National 12 10 83% 12 100% % Total 55 50 91 55 100%

Job Acceptances U.S. Citizen/Permanent Resident Foreign National Total

43 12 55

40 93% 9 75% 49 89%

43 100% 12 100% 55 100%

Upon Enrollment Number of Students 64 Program Delivery Method On-Site Length of Program in Months 10 Average Years of Work Experience 1.7 Age Range 20-28 Female Percent 23% Underrepresented Minorities Percent 19% Average GMAT Score 692 Average Undergraduate GPA 3.61 Post-Graduation # of Graduates % of Graduates Reporting Information on Employment # of Graduates Not Reporting Information on Employment

64 100% 0

Source of Accepted Offers School-Facilitated Activities On-Campus Interviews 20% Job Posting/RĂŠsumĂŠ Drop 20% Alumni Referral 22% Other Activities Supported by Career Center (Employer Events, Job Fairs, Etc.) 7% Total 69% Graduate-Facilitated Activities Personal Network (Family and Friends) Internet Job Posting/Social Media Other Student-Initiated Activities Total

15% 7% 9% 31%

Top Metros New York 18 Nashville 7 Charlotte 6 Atlanta 5 Chicago 5

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

Permanent Non-Permanent Total Work Work Program Authorization Authorization Graduates 43 12 55 0 0 1

0 0 1

0 0 2

7 8 0 51

0 1 0 13

7 9 0 64

Top Hiring Companies Houlihan Lokey 4 Jefferies 3 Bank of America 2 Raymond James 2 UBS 2

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

2 0 1 0 - 2 0 1 9 E M P LOY M E N T H I STO RY Over the past nine years, Vanderbilt MS Finance students have accepted positions in the following functional areas and firms.

Investment Banking Arlington Capital Advisors Bank of America Barclays BlackArch Partners BMO Capital Markets Bourne Partners Brentwood Capital Advisors Cain Brothers Canaccord Genuity / Petsky Prunier Deloitte Corporate Finance Deutsche Bank Edgemont Partners ELLO Capital Evercore, Inc. Farlie Turner & Co Fifth Third Bank Financial Technology Partners Founders Advisors GCA Advisors Goldman Sachs Greenhill & Co. Harris Williams Houlihan Lokey Jefferies JPMorgan Chase & Co. Lazard MTS Health Partners Perella Weinberg Partners Piper Jaffray Raymond James Financial Rothschild & Co Stephens Inc. Stifel SunTrust Robinson Humphrey SVB Leerlink UBS Wells Fargo Sales & Trading Bank of America Deutsche Bank Flow Traders Goldman Sachs Koch Supply & Trading Morgan Stanley Optiver US LLC TD Ameritrade Trillium Trading Real Estate Finance Ahorn Holding Altus Group Arlington Property Management Deutsche Bank Goldman Sachs Jones Lang LaSalle Storied Development USAA Real Estate Company Wells Fargo

Corporate Finance Allstate AMSURG Asurion AutoZone Caesars Entertainment Capital One CarMax Comdata Delek US EDP Renewables ExxonMobil FedEx Fresh Water Systems Henkel Humana Intel LG Electronics LifePoint Health Microsoft Principal Financial Group Roc Nation

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

Advisory Services & Consulting Alvarez & Marsal Bain & Company Booz Allen Hamilton Capco Capgemini Charles River Associates Cornerstone Research Deloitte Ernst & Young (EY) Houlihan Lokey Huron Consulting Group Infosys Infoworks KPMG Mayo Clinic McKinsey & Company North Highland PricewaterhouseCoopers (PwC) Stout Risius Ross Trinity Partners

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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