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DARDEN
CLASSES OF 2015 & 2016MBA EMPLOYMENT REPORT
Full-Time Employment DataCLASS OF 2015
1
CLASS PROFILE
Enrolled 316 Women 30%Men 70%Minority Students 16%Asian, Alaskan or Pacific Islander 9%Black/African-American 3%Hispanic 3%International 29%Countries Represented 31Average Age at Entry 27Work Experience 100%
GMAT
Under 650 10% 660-690 21% 700-750 56% Above 760 13%Median 710Mean 706
UNDERGRADUATE GPA
Not Calculated 30%Less than 2.99 6%3.0-3.49 39%3.5-4.0 25%Mean 3.5
UNDERGRADUATE MAJOR
Business Administration 30%Economics 16%Engineering/Science/Math 28%Humanities/Social Science 26%
GEOGRAPHIC DISTRIBUTION
Mid-Atlantic 37%Midwest 6%Northeast 28%South 14%Southwest 8%West 7%
No.1 EDUCATION EXPERIENCE IN THE WORLD FOR 5 YEARS IN A ROW(The Economist)
No.1MOST SATISFIED BUSINESS SCHOOL GRADUATES(Forbes)
No.1GENERAL MANAGEMENT(Financial Times)
No.3PLACEMENT SUCCESS (U.S.)(Financial Times)
No.5NEW CAREER OPPORTUNITIES(The Economist)
%of students 6% 33% 20% 9% 11% 9% 12%AVERAGE
BASE SALARY $112,333 $123,350 $116,232 $117,270 $121,251 $124,601 $115,726
COMPENSATION BY GEOGRAPHY
MIDWESTMID-ATLANTICNORTHEASTINTERNATIONAL SOUTH SOUTHWEST WESTREGION
Darden is pleased to present employment data for the Classes of 2015 and 2016. We are proud to be among the top business schools where recruiters seek MBA talent.
At Darden, we are passionately committed to the success of every student and engage with recruiters to achieve the best fit and yield of MBA talent. This year, the Darden Career Development Center provided personalized career management support to over 800 MBA students as they considered internship and post-graduate career opportunities with almost 300 domestic and international employers. Please let us know how we can meet your talent needs.
Additional in-depth employment information can be found at www.darden.virginia.edu/recruiters-companies/hire-an-mba/employment-reports/.
Sincerely,
Chequeta AllenAssistant Dean for Career Development+1-434-297-7971
For more information, please contact The Career Development Center at +1-434-924-7283,
e-mail [email protected], or visit our website at www.darden.virginia.edu.
EMPLOYMENT REPORT
Approximately 95% of job-seeking Darden students accepted full-time employment within three months of graduation. 3
First Offerby
Graduation
Accept by
Graduation
First Offer Between
Graduation and 3 Months out
Accept Between
Graduation and 3 Months out
Total Offers
Total Accepts
PERCENTAGE PERCENTAGE PERCENTAGE PERCENTAGE PERCENTAGE PERCENTAGE
Permanent Work Authorization 94 90 3 6 97 96
Non-Permanent Work Authorization 89 87 5 7 94 94
Total Graduates Seeking Employment
93 89 4 6 96 95
TIMING OF JOB OFFERS
ACCEPTED JOB SOURCE
SCHOOL-FACILITATED ACTIVITIES PERCENTAGE
Scheduled Interviews On Grounds 27
Consortia Events 2
School-Facilitated Internships 44
Job Fairs 1
Resume Books, Resume Referrals, Web Resumes 1
Job Postings 3
Alumni Referrals 2
Other School-Facilitated Activities 4
Total School-Facilitated Activities 85
Total Graduate-Facilitated Activities 15
*Percentages have been rounded and may not total 100.
COMPENSATION BY JOB FUNCTION
JOB FUNCTION PERCENTAGE AVERAGE
BASE SALARYAVERAGE
SIGNING BONUS
Consulting (includes internal) 32 $133,929 $26,656
Finance 31 118,177 38,945
Corporate Finance 9 113,884 32,159
Investment Banking 16 122,609 45,444
Investment Management 3 110,625 22,000
Other Financial Services 3 113,125 32,500
General Management 21 110,861 22,678
Business Development/ Strategic Planning 4 106,859 14,875
Executive Development/ Leadership Program 10 114,929 25,020
Operations 2 120,600 31,200
Other General Management 6 102,107 17,143
Marketing 10 105,180 23,482
Other 6 108,636 24,000
TOTAL 100%* $119,819 $29,634
* Percentages have been rounded and may not total 100.
Class of 2015: Statistics for full-time positions received during the 2014–15 academic year, reported in U.S. dollar equivalents and based on data provided by the students. Data are complete as of 30 September 2015. This report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.Base Salary: Figures based on reported job acceptances not including bonuses, overtime or any other forms of compensation.
INDUSTRY PERCENTAGE AVERAGE BASE SALARY
AVERAGE SIGNING BONUS
Consulting 29 $137,039 $26,073
Consumer Packaged Goods 7 102,632 21,875
Energy 2 111,400 18,750
Financial Services 30 119,215 38,733
Investment Banking 19 122,358 45,288
Investment Mgmt/Portfolio Mgmt 4 111,444 15,714
Other Financial Services 7 113,529 27,500
Government 1 90,374 15,000
Manufacturing 5 107,642 22,917
Nonprofit/Education 1 101,250 N/A
Pharma/Biotech/Health Care 4 95,000 16,929
Real Estate 1 106,667 30,000
Technology 15 113,005 30,763
Other 5 113,775 14,889
TOTAL 100%* $119,819 $29,634
COMPENSATION BY INDUSTRY
* Percentages have been rounded and may not total 100.
CLASS OF 2015
31%6%
10%
22%31%
ACCEPTED OFFERS
ACCEPTED OFFERS
ACCEPTED OFFERS
ACCEPTED OFFERS
ACCEPTED OFFERS
Post-MBA Job Function
Consulting
FinancePercentages have been rounded and may not total 100
Based on the Class of 2015
Other
General Management
Marketing
16%Our students are
increasingly drawn to the tech
industry.
16% of internships for the Class of 2016 were in the technology sector, continuing a steady increase over the past several years.
44%Summer
internships can give your
company a head start.
44% of the accepted offers reported by the Class of 2015 were secured through summer internships.
5
Internship Employment DataCLASS OF 2016
INDUSTRY PERCENTAGE AVERAGE WEEKLY INCOME
Consulting 22 $2,484
Consumer Packaged Goods 11 1,516
Energy 1 1,457
Financial Services 30 2,121
Investment Banking 16 2,372
Investment Mgmt/Portfolio Mgmt 3 1,919
Other Financial Services 11 1,604
Manufacturing 7 1,633
Media/Entertainment 2 992
Nonprofit/Education 2 671
Pharma/Biotech/Health Care 3 1,398
Real Estate 1 569
Technology 16 1,600
Transportation 2 1,419
Other 2 1,860
TOTAL 100%* $1,900
INTERNSHIP COMPENSATION BY INDUSTRY
JOB FUNCTION PERCENTAGE AVERAGE WEEKLY INCOME
Consulting (includes internal) 26 $2,296
Finance 31 2,098
Corporate Finance 8 1,698
Investment Banking 16 2,370
Investment Management 4 1,836
Other Financial Services 2 2,044
General Management 23 1,468
Business Development/Strategic Planning 6 1,116
Executive Development/Leadership Program 6 1,978
Operations 3 1,646
Other General Management 9 1,320
Marketing 14 1,556
Other 4 1,470
TOTAL 100%* $1,900
INTERNSHIP COMPENSATION BY JOB FUNCTION
Class of 2016: Statistics for internship positions received during the 2014–15 academic year, reported in U.S. dollar equivalents and based on data provided by the students. Data are complete as of 30 September 2015. This report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.Base Salary: Figures based on reported job acceptances not including bonuses, overtime or any other forms of compensation.
CLASS PROFILE
Enrolled 324 Women 32%Men 68%Minority Students 16%Asian, Alaskan or Pacific Islander 6%Black/African-American 4%Hispanic 6%Native American 0%International 29%Countries Represented 31Average Age at Entry 27Work Experience 100%
GMATUnder 650 13% 660-690 21% 700-750 57% Above 760 9% Median 710Mean 706
UNDERGRADUATE GPANot Calculated 32%Less than 2.99 4%3.0 - 3.49 27%3.5 - 4.0 37%Mean 3.5
UNDERGRADUATE MAJOR Business Administration 35%Economics 18%Engineering/Science/Math 27%Humanities/Social Science 20%
GEOGRAPHIC DISTRIBUTION Mid-Atlantic 36%Midwest 5%Northeast 30%South 11%Southwest 8%West 10%
* Percentages have been rounded and may not total 100.
* Percentages have been rounded and may not total 100.
Mailing Address
Career Development CenterUniversity of Virginia Darden School of BusinessP. O. Box 6550Charlottesville, Virginia 22906-6550USA
Shipping Address
100 Darden BoulevardCharlottesville, Virginia 22903-1760USA
Contact
Career Development Center +1-434-924-7283Fax +1-434-924-7363Darden School General Information +1-434-924-3900
[email protected]/recruiters-companiesJoin our LinkedIn group Darden MBA RecruitingFollow us on Twitter @DardenMBACareer
