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2019 Employment Report mol.smeal.psu.edu Master’s in Management & Organizational Leadership

2019 Employment Report - MOL · 2020. 3. 2. · 1. This report conforms to the current MBA CSEA standards for the reporting of Specialty Masters permanent employment statistics. 2

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  • 2019 Employment Reportmol.smeal.psu.edu

    Master’s in Management &Organizational Leadership

  • Table of Contents

    12345

    6789

    Undergraduate Specializations

    Job Offer Overview

    Job Acceptance Overview

    Compensation Overview

    Employment by Industry

    Base Salary by Industry

    Employment by U.S. Geographic Region

    Hiring Organizations

    Statements on Compliance

  • 1mol.smeal.psu.edu

    Class Profile

    Graduating Class Size

    Average GPA

    47

    3.45

    Undergraduate Specializations

    38%

    34%

    11%

    17%

    Engineering 38%

    Information Science & Technology 11%

    Science 17%

    Other 34%

  • 2mol.smeal.psu.edu

    Job Offer Overview

    75.6%

    48.6%

    5.4%

    Job Offers by Graduation (May 5)

    Full-time offers 48.6%

    Short-term offers 5.4%

    Total 54%

    16.2%

    75.6%

    Job Offers within 6 Months of Graduation

    (Nov. 5)

    Full-time offers 75.6%

    Short-term offers 16.2%

    Total 91.8%

    Note: Please see page 9 for details on the population that was surveyed on pages 2-8.

  • 3mol.smeal.psu.edu

    Job Acceptance Overview

    45.9%

    5.4%

    Job Offers Accepted by Graduation (May 5)

    Full-time offers 45.9%

    Short-term offers 5.4%

    Total 51.3%

    75.6%

    16.2%Job Offers

    Accepted within 6 Months of Graduation

    (Nov. 5)

    Full-time offers 75.6%

    Short-term offers 16.2%

    Total 91.8%

  • 4mol.smeal.psu.edu

    Compensation Overview

    Base Salary

    Mean $65,808

    Median $65,000

    Maximum $99,000

    Minimum $45,000

    Signing Bonus (50% Receiving)

    Mean $5,177

    Median $5,000

    Maximum $15,000

    Minimum $1,000

    Note: Base salary excludes bonuses, commissions, and other compensation such as benefits and perquisites (e.g. company car, relocation benefits, etc.) Stock option values and tuition reimbursement are excluded from this compensation report.

    Based on total students with a full-time position providing salary information.

  • 5mol.smeal.psu.edu

    33%

    12%

    30%

    17%

    8%

    Employment by Industry

    Healthcare 33%

    Other 30%

    Consulting 17%

    Technology 12%

    Energy, CPG, Manufacturing 8%

    Note: Industries represented in the Other category include Design, Financial Services, and Retail.

    Based on total students providing industry information. 5mol.smeal.psu.edu

  • 6mol.smeal.psu.edu

    Consulting Energy, CPG,Manufacturing Healthcare Other Technology

    Mean $64,900 $67,167 $63,125 $71,133 $62,167

    Median $67,300 $66,000 $63,750 $67,500 $62,500

    Note: Industries represented in the Other category include Design, Financial Services, and Retail.

    Based on total students providing industry information.

    Base Salary by Industry

  • 7mol.smeal.psu.edu

    Employment by U.S. Geographic Region

    Mid-Atlantic 54%

    Northeast 15%

    South 11%

    Midwest 8%

    West 8%

    15%

    54%

    11%

    8%8%

    Note: 4% of students accepted positions based outside of U.S. Based on total students providing industry information.

  • 8mol.smeal.psu.edu

    Hiring OrganizationsAgilent Technologies, Inc.Aldi Inc.Altria Group, Inc.AstraZeneca PharmaceuticalsBank Alafalah *Burlington Stores *Capital One Financial Corp.Cigna HealthcareDeloitte Consulting LLP *Ernst & Young LLP * (2)Eurofins USAGiant Foods LLC **GlaxoSmithKline LLCGrant Thornton LLP

    Keane GroupM.C. Dean, Inc.Naxion, Inc.NewDay USAPhilips Respironics Inc.PlayerMaker *Quest Diagnostics Inc.Second Genome Inc.System One *The Ballinger CompanyUnited Parcel Service of America, Inc. **Vivint Solar, Inc.Volvo Group

    (#) Denotes number of graduates hired by the company if greater than one. (*) Denotes employer that hired an international student(s). (**) Denotes employer that hired short term.

    “I think Cigna was really attracted to me as a job candidate because I had a science background, and was interested in healthcare, but was coming to the table with this master’s that could add so much more value to the company.”

    Natalie Milas, ‘19 MOL

  • 9mol.smeal.psu.edu

    Statements on Compliance1. This report conforms to the current MBA CSEA standards for the reporting of Specialty Masters

    permanent employment statistics.

    2. This report is compiled from data collected through Dec. 5, 2019.

    3. The Smeal MOL Program collected useable employment information for 94% of full-time, resident MOL students who graduated in May 2019.

    4. The Smeal MOL Program received useable salary information from 86% of employed students. Compensation information is self-reported.

    5. Compensation information relates to only Full-Time job acceptances that occurred by six months after graduation (not job offers, nor short term job acceptances).

    6. Base salary statistics exclude bonuses, commissions, benefits, perquisites, and stock options.

    7. Employment and salary data contained in pages 2-8 are based on the 37 full-time, resident MOL students who were actively seeking employment.

    8. Graduates completed their degree requirements and were conferred their degrees at one ceremony held May 5, 2019.

    9

    Penn State is an equal opportunity, affirmative action employer, and is committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Nondiscrimination: https://policy.psu.edu/policies/ad85 U Ed BUS 20-162. RIIT0220