Penn State Smeal College of Business 2018-2019 ...€¦ · *% placed includes: Full-time job offers, further education/fellowship, entrepreneurship, post-graduate internship, and

Overall Outcomes Statistics Across All Business Majors

Penn State Smeal College of Business 1

Penn State Smeal College of Business

2018-2019 Undergraduate Outcomes ReportFull-Time | Internship | Co-op

Overall Outcomes Statistics: All Business Majors*

Penn State Smeal College of Business 2*Data was collected through an optional student survey distributed prior to Summer 2018, Fall 2018, and Spring 2019 commencements. We received 1,263 of 1,543 graduating student responses prior to graduation. Within three months of the graduating semester, 82 new records and 93 updates were added for a total knowledge rate of 87.4%.

Student Outcomes at Graduation by PopulationTotal Domestic International

Full-Time Employment 72.6% 79.5% 26%Post-Graduation Internship 1.9% 2% 1.2%

Military <1% <1% 1.7%Entrepreneurship <1% <1% 1.7%

Further Education/Fellowship 12% 7.5% 42.8%Still Seeking 12% 10% 26.6%

Students Reporting Internships/Co-ops 83.6% 81.4% 59.5%

$5,643Average

Signing Bonus

51%Received a Bonus$4,276

AverageRelocation Bonus

22%Received a Bonus

$61,377 Average

Starting Salary

+2.1%higher than

2017-2018 averagesalary ($60,093)

88% +6% from 2017-2018

of students were placed within three months of graduation. 82% of known information was collected at graduation.

85.3% of students with an internship were paid.

57.5%of students

reported 2 or more internships/co-ops

Full-Time Employment Statistics


Students were offered positions in 32 states and international locations.

Student Placement by Geographic LocationPA: 34.3%

NY: 20.9%

NJ: 7.4%

VA: 5.2%

MA: 4.9%

TX: 3.1%

IL: 2.6%

MD, DC, CA: 2.4% each

Other States: Less than 1% each

All Other States: 0%

International: 1.7%

Salary by Geographic LocationMidwest: $65,846

West: $64,995

Northeast: $64,032

South: $61,136

Southwest: $60,015

Mid-Atlantic: $58,948

International: $52,360

Placement by Major Overview


MajorPlacement by Student Population

Average Salary

Average Signing Bonus

% Receiving Signing Bonus

Average Relocation

Bonus

% Receiving Relocation

Bonus

Accounting91%

93% Domestic79% International

$59,855 $5,750 29% $3,917 5%

CIENT 66%** $49,958 $5,625 33% $5,000 8%

Finance88%


$65,470 $6,352 61% $5,311 18%

Management72%


$58,280 $5,500 41% $2,333 18%

Management Information Systems

83%86% Domestic

60% International$64,295 $5,033 68% $2,000 14%

Marketing85%


$54,404 $4,420 45% $4,206 31%

Risk Management: Actuarial Science

88%94% Domestic

71% International$70,396 $6,604 71% $2,600 18%

Risk Management: Enterprise

89%92% Domestic

71% International$59,727 $5,265 55% $2,750 13%

Risk Management: Real Estate 77%** $68,583 $5,000 14% N/A 0%

Supply Chain and Information Systems

92%95% Domestic

70% International$62,567 $5,360 64% $4,390 45%

*% placed includes: Full-time job offers, further education/fellowship, entrepreneurship, post-graduate internship, and military. **Placements rates are given for international and domestic populations by major when there is enough data to report per population.

Top Hiring Companies (Full-Time)


64hires

31hires

59hires

33hires

54hires

20+ Hires Grant Thornton International, PNC Financial Services

15-19 Hires IBM, JPMorgan Chase & Co.

10-14 Hires

Bank of America Corp, Citi, Johnson & Johnson, Lockheed Martin, PepsiCo, Ross Stores, RSM International, TJX Companies

5-9 Hires

A. Duie Pyle, ALDI, Amazon.com, Baker Tilly, BlackRock, Bloomberg, Boeing, Dick’s Sporting Goods, Mars Incorporated,

Northwestern Mutual, Prudential Financial, Saudi Aramco, Textron, Vanguard

3-4 Hires

Abercrombie & Fitch, Accenture, ADP, American Eagle Outfitters, Apex Tool Group, BAE Systems, BDO, BNY Mellon, Burlington, Campbell Soup Company, Capital One, Cigna, Clark Associates,

CohnReznick, Dell, ExxonMobil Corp., Ferguson, Goldman Sachs, Intel, Kraft Heinz, L’Oréal, Marriott International, Nestlé USA, PPG Industries, QVC, Siemens, TE Connectivity, Ltd., The Hershey Company, Third Bridge Group Limited, Wells Fargo

1-2 Hires 317 additional companies!

Top Hiring Companies (Internship/Co-Op)


62hires

36hires

44hires

25hires

30hires

15-20 Hires • PepsiCo • Textron

10-14 Hires

• Boeing • Citi • Northwestern Mutual • Morgan Stanley

• Siemens• TJX Companies• TE Connectivity Ltd.

5-9 Hires

• AIG • ALDI• Altria • Amazon.com • Baker Tilly • BNY Mellon • Burlington • Clark Associates• Comcast • Dick’s Sporting Goods

• DLL Financial Services • Grant Thornton

International• Kimberly-Clark • Kohl’s• Mars Incorporated• Merck & Co. • Nestlé USA• New York Life

Insurance Company

• Pfizer• PPG Industries • Prudential Financial • Ross Stores • Target • The Hershey Company • UBS• UPMC

3-4 Hires

• Aetna• ARAMARK• Automotive Rentals,

Inc.• BAE Systems• BDO • Bloomberg • CBRE Group, Inc.• Cigna • Cisco• Cushman & Wakefield• Clark Associates• CVS• Danone• DHL• DuPont• ETS• Edward Jones

Investments• EisnerAmper• Estée Lauder

• Exelon• First Data• First Quality• GE• Genworth Financial• Health Union, LLC• IBM• ICBC • Ingersoll Rand• Intel• Kennedy-Catalano

Advisors• Laborocity• Leaf Commercial

Capital, Inc.• Macy’s• Meridian Bank• Mondelez International• Proctor & Gamble• PITT OHIO

• Publicis Media• Reckitt Benckiser • RKL, LLP• Rockwell Automation• RSM International• Sanofi Pasteur• Schneider Downs• SEI• Toll Brothers• Transamerica• Univest Bank and Trust• UPS• Urban Outfitters• Urish Popeck & Co.,

LLC• Vanguard • Victaulic• Volvo• Walmart

1-2 Hires 855 additional companies!

29hires

31hires

21hires

21hires

Full-Time Industries and Functions


Financial Services: 21%

Accounting: 20%

Consumer Products/Retail: 14%

Consulting Services: 13%

Tech/Science: 8%

Manufacturing: 4%

Pharma/Biotech/Health: 4%

Real Estate: 2%

Petroleum/Energy: 1%

Transportation: 1%

Other: 10%

Full-Time Employment by Industry

Finance/Accounting: 39%

Consulting: 18%

Marketing/Sales: 12%

Operations: 8%

Logistics/Transportation: 6%

General Management: 3%

MIS: 1%

Human Resources: <1%

Other: 11%

Full-Time Employment by Function

Placement by Major: Accounting


Overall Student Outcomes (Knowledge Rate: 311/369, 84%)

Full-Time Offers 65%MAcc Students Specifically - Full-Time Offers 95%

Further Education/Fellowship 23%Post-Graduation Internship 2%

Military <1%Entrepreneurship <1%

Still Seeking 9%% with 1+ internship 84%

- KPMG 41 - PwC 36 - Deloitte 23 - EY 18 - RSM International 8

- Baker Tilly 5 - CohnReznick 4 - PNC Financial Services 3 - Grant Thornton

International 3

+ Due to space constraints, companies are only listed if they hired three or more students.

- PwC 41 - KPMG 34 - Deloitte 20 - EY 19 - Baker Tilly 6 - PNC Financial Services 5 - Grant Thornton

International 5

- BDO 4 - RSM International 4 - Urish Popeck & Co., LLC 4 - BAE Systems 3 - JPMorgan Chase & Co. 3 - Pfizer 3 - Schneider Downs 3 - TE Connectivity, Ltd. 3

Average Salary - Full-Time: $59,855 yearly, 1% more than

2017-2018 - Intern: $24.19 hourly - 84% of junior year internships were paid

Signing Bonuses - Average Signing Bonus: $5,750 - Percentage of students receiving a

bonus: 29%

Relocation Bonuses - Average Relocation Bonus: $3,917 - Percentage of students receiving a

bonus: 5%




Consulting: 8%

Other: 5%

Accounting: 74%


Manufacturing: 3%



Other: 10%

Top Hiring Companies: Full-Time+

Top Hiring Companies: Internships+

Placement by Major: Corporate Innovation and Entrepreneurship



Full-Time Offers 58%Further Education/Fellowship 4%

Entrepreneurship 4%Still Seeking 33%

% with 1+ internship 86%

Top Hiring Companies: Full-Time* - Oracle 3 - Beacon Hill Staffing Group 2

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

Average Salary - Full-Time: $49,958 yearly, 13% less than 2017-2018 - Intern: $16.38 hourly - 89% of junior year internships were paid

Signing Bonuses - Average Signing Bonus: $5,625 - Percentage of students receiving a bonus: 33%

Relocation Bonuses - Average Relocation Bonus: $5,000 - Percentage of students receiving a bonus: 8%

Top Hiring Companies: Internships* - None to report



Consulting: 17%



Human Resources: 8%

Operations/Production: 8%

Other: 8%

Tech/Science: 25%



Sports/Leisure: 8%


Other: 17%


Placement by Major: Finance



Full-Time Offers 74%Further Education/Fellowship 11%Post-Graduation Internship 2%



- Deloitte 20 - JPMorgan Chase & Co. 17 - PNC Financial Services 11 - Citi 9 - PwC 9 - Bank of America Corp. 8

- EY 8 - Grant Thornton

International 7 - Vanguard 6 - KPMG 5 - Textron 5

+ Due to space constraints, companies are only listed if they hired five or more students.

- JPMorgan Chase & Co. 24 - Bank of America Corp. 16 - Citi 11 - Morgan Stanley 9 - PwC 9

- PNC Financial Services 9 - Textron 7 - Deloitte 7 - Siemens 7 - BNY Mellon 6




bonus: 61%


bonus: 18%


Full-Time Employment by IndustryTop Hiring Companies: Full-Time+


Financial Services: 49.5%


Accounting: 7%

Manufacturing: 4%

Tech/Science: 4%

Consumer Products/Retail: 3.5%


Real Estate: 1%

Other: 11%


Consulting: 23%


Other: 13%

Placement by Major: Management




Military 3%Still Seeking 28%




Top Hiring Companies: Full-Time*

Top Hiring Companies: Internships*

Consulting: 29%


Human Resources: 12%




MIS: 6%

Other: 11%



Tech/Science: 12%

Transportation: 12%

Government/Education: 6%

Other: 18%


- EY 3 - A. Duie Pyle 2 - Aerotek 2

- Amazon.com 2 - Oracle 2

- Kohl’s 2 - Penn State 2

Average Salary - Full-Time: $58,280 yearly, 9%

more than 2017-2018 - Intern: $21.44 hourly - 83% of junior year internships

were paid


bonus: 41%


bonus: 18%

Placement by Major: Management Information Systems




Military 3%Still Seeking 17%







- Deloitte 3 - KPMG 3 - EY 2

- Oracle 2 - IBM 2

- KPMG 3 - Cisco 2 - Deloitte 2

- Exelon 2 - r4 Technologies 2

Average Salary - Full-Time: $64,295 yearly, 3%

more than 2017-2018 - Intern: $22.13 hourly - 94% of junior year internships

were paid


bonus: 68%


bonus: 14%

Consulting: 55%

MIS: 14.5%

Marketing/Sales: 14.5%

Logistics/Transportation: 4.5%

Other: 14.5%


Tech/Science: 13.5%

Accounting: 9%


Financial Services: 4.5%

Real Estate: 4.5%

Non-profit: 4.5%

Other: 18%

Placement by Major: Marketing




Entrepreneurship <1%Military 1%


- Oracle 13 - TJX Companies 8 - PepsiCo 3

- The Hershey Company 3 - Johnson & Johnson 3 - Burlington 3

+ Due to space constraints, companies are only listed if they hired three or more students.

- Penn State 14 - TJX Companies 8 - Johnson &

Johnson 5 - PepsiCo 5 - Altria 5 - Macy’s 4 - Ross Stores 4

- Sanofi Pasteur 4 - Textron 4 - Burlington 3 - Cushman & Wakefield 3 - Health Union, LLC 3 - KPMG 3 - Target 3




bonus: 45%


bonus: 31%



Top Hiring Companies: Full-Time+




Consulting: 6%

Finance/Accounting: 3.5%


Operations: 3%

Other: 13%


Tech/Science: 18%




Media/Entertainment: 3%

Other: 22%

Placement by Major: Risk Management - Actuarial Science





- Deloitte 2 - Genworth Financial 2

- PwC 2

- Deloitte 2 - Genworth Financial 2 - Highmark 2 - Kennedy-Catalano

Advisors 2

- Liberty Mutual Insurance 2

- Prudential Financial 2 - PwC 2

Average Salary - Full-Time: $70,396 yearly, 1.5% more than



bonus: 71%


bonus: 18%





Actuarial: 41%

Consulting: 23.5%


Human Resources: 6%

Other: 12%


Consulting Services: 17.5%

Insurance: 17.5%


Accounting: 6%

Other: 12%


Placement by Major: Risk Management - Enterprise Risk Management




Still Seeking 11%% with one internship 76%

- PNC Financial Services 5 - PwC 4 - KPMG 3 - Deloitte 3

- Prudential Financial 2 - Grant Thornton

International 2

- PwC 4 - PNC Financial Services 4 - Bank of America Corp. 3

- Prudential Financial 2 - Transamerica 2

Average Salary - Full-Time: $59,727 yearly, 3.5% more

than 2017-2018 - Intern: $32.80 hourly - 80% of junior year internships were paid


bonus: 55%


bonus: 13%





Consulting: 43%




Operations: 3%

Other: 23%


Consulting Services: 26.5%

Accounting: 20%


Transportation: 3%

Other: 6.5%


Placement by Major: Risk Management - Real Estate



Full-Time Offers 54%Further Education/Fellowship 7.5%Post-Graduation Internship 7.5%

Entrepreneurship 7.5%Still Seeking 23.5%


Top Hiring Companies: Full-Time* - No companies to report


Average Salary - Full-Time: $68,583 yearly, 18.5% more than 2017-2018 - Intern: $16.70 hourly - 100% of junior year internships were paid

Signing Bonuses - Average Signing Bonus: $5,000 - Percentage of students receiving a bonus: 14%

Top Hiring Companies: Internships* - CRBE Group, Inc. 2




Real Estate: 86%



Placement by Major: Supply Chain and Information Systems






- Deloitte 9 - PepsiCo 9 - Lockheed Martin 8 - Oracle 8 - Dick’s Sporting Goods 7 - Grant Thornton

International 7

- IBM 7 - Ross Stores 7 - KPMG 5 - Boeing 4 - Johnson & Johnson 4 - L’Oréal 4

+ Due to space constraints, companies are only listed if they hired four or more students.

- Johnson & Johnson 21 - PepsiCo 9 - Dick’s Sporting Goods 6 - Boeing 6 - Amazon.com 6 - Clark Associates 5

- PPG Industries 5 - Ross Stores 5 - DuPont 4 - Kimberly-Clark 4 - The Hershey Company 4 - UPS 4




bonus: 64%


bonus: 45%


Full-Time Employment by IndustryTop Hiring Companies: Full-Time+


Operations: 31%


Consulting: 20%

MIS: 3.5%

Marketing/Sales: 3%


General Management: 1.5%

Other: 14%

Consumer Products/Retail: 30%Consulting Services: 13%Tech/Science: 12.5% Manufacturing: 10%Pharma/Health/Biotech: 7%Transportation: 4%Petroleum/Energy: 4%Accounting: 2%Financial Services: 1.5%Government/Education: 1%Sports/Leisure: 1%Real Estate: <1%Other: 12.5%

Student Engagement Report


62%OF STUDENTS WERE INVOLVED IN 1+ SMEAL ORGANIZATION

32%OF STUDENTS PARTICIPATED IN 1+ CASE COMPETITION

43%OF STUDENTS HAD AN INTERNATIONALEXPERIENCE

OF STUDENTS COMPLETED RESEARCH

22%

Thank You to Our Corporate Partners!


Documents

Penn State Smeal College of Business 2018-2019 ...€¦ · *% placed includes: Full-time job offers, further education/fellowship, entrepreneurship, post-graduate internship, and