Tepper School Employment Report Summary - cmu.edu · 2017 MBA Summary Employment Report, ... summer intern candidates. The level of excitement on campus continues to grow as the construction

2017 Tepper School Employment Report Summary

Letter from the Executive Director

With the 2017–2018 recruiting year

underway, it’s my pleasure to share this

2017 MBA Summary Employment Report,

highlighting the employment outcomes

of our recent MBA graduates and

summer intern candidates.

The level of excitement on campus

continues to grow as the construction of

our new 315,000-square-foot facility,

the David A. Tepper Quadrangle, nears

completion. This transformative project

will promote strategic interaction and

collaboration across the University,

effectively placing the Tepper School

of Business at the center of innovation,

creativity and entrepreneurship at

Carnegie Mellon.

The Career Opportunities Center (COC) also

continues to evolve in the face of changes

impacting our students’ career interests.

Our students continue to find significant

success in the technology industry

(43% of the Class of 2017 accepted jobs

in tech), while others continue to launch

successful careers in other areas, including

consulting, biopharma/healthcare, financial

services and in leadership development

programs across functions and industries.

I’m also pleased to share that 58% of

our women MBAs in the Class of 2017

accepted jobs in the technology industry,

which represents a new record and

supports our goal of preparing outstanding

next-generation leaders at the intersection

business and technology.

The COC Team and I hope you will

enjoy reviewing this 2017 Employment

Report as well as our website,

tepper.cmu.edu/recruit@tepper.

As a valued recruiting partner, you can

be assured that we remain committed

to providing you with a world-class

recruiting experience!

Sincerely,

Stephen Rakas Executive Director Career Opportunities Center Masters Programs

2 0 18 – 1 9 Full-Time MBA ClassProfile

REPRESENTED AMONG OUR STUDENT BODY

3028

27% WOMEN

28% WOMEN

33% INTERNATIONAL CITIZENS

35%INTERNATIONAL CITIZENS

2 0 18

2 0 18

2 0 19

2 0 19

2 0 18 2 0 19

TOTAL STUDENTS

FULL-TIME WORK EXPERIENCE

220207

GMAT 691AVERAGE

GMAT 686AVERAGE

GPA 3.3AVERAGE

GPA 3.3AVERAGE

28% 37%

23%11%

9%

7%

7%6%

12%

9%

6%

10%

8%

27%

Business

Economics

Engineering

Humanities/Social Sciences

Information Systems/Computer Science

Mathematics/Physical Science

Other

2 0 19 UNDERGRADUATE

MAJORS

2 0 18 UNDERGRADUATE

MAJORS

2 0 18 2 0 19

4.9MEDIAN YEARS

5.1MEDIAN YEARS

2 0 18 2 0 19

33.30% 14.40% 26.10%

This report conforms to the MBA Career Services and Employer Alliance Standards for Reporting MBA Employment Statistics. All copies dated before September 30, 2017 are interim reports. This page shows statistics for the number accepting employment by three months after graduation. N/A = Insufficient data

tepper.cmu.edu/recruit@tepper This report conforms to the MBA Career Services and Employer Alliance Standards for Reporting MBA Employment Statistics. All copies dated before September 30, 2017 are interim reports. This page shows statistics for the number accepting employment by three months after graduation. N/A = Insufficient data

% ACCEPTED MEAN MEDIANFUNCTION

CONSULTINGInternalManagement/Strategy

FINANCEAccountingAsset ManagementCorporate (Analysis/Treasury)Investment BankingOtherResearch

GENERAL MANAGEMENTGeneral/LDPsProject ManagementStrategic Planning/Bus. Development

IS/IT: MANAGEMENT

MARKETINGBrand (B2C)Product/Industrial (B2B)Research/AnalyticsSales

POMOperations ManagementPurchasingSupply Chain Management/Logistics

OTHER

24.50%3.23%21.29%

18.70%0.65%2.58%7.74%3.23%3.23%1.29%

18.10%10.97%2.58%4.52%

2.60%

25.20%5.16%10.97%1.94%7.10%

9.70%5.16%1.29%3.23%

1.29%

$132,303$106,499$136,212

$116,333N/A$128,333$114,833$131,250$113,600N/A

$114,111$109,294$124,501$120,833

$110,000

$114,036$110,938$123,676N/A$105,300

$116,800$120,875N/A$108,000

N/A

$135,000$95,000$140,000

$123,000N/A$125,500$112,500$125,000$120,000N/A

$120,000$120,000$124,002$117,500

$110,000

$115,000$106,250$124,950N/A$110,000

$120,000$121,500N/A$115,000

N/A

% ACCEPTEDREGION MEAN MEDIAN

Mid-AtlanticMidwestNortheastSouthSouthwestWest

Asia

13.70%14.40%26.10%6.50%5.90%33.30%

1.30%

$114,368$123,818$119,838$116,900$111,667$121,816

N/A

$116,000$121,500$125,000$110,000$105,000$123,000

N/A

BIOTECHNOLOGY/ HEALTH/ PHARMACEUTICALMedical Products/DevicesMedical ServicesPharmaceuticals

CONSULTINGManagement/StrategyTechnology

CONSUMER PRODUCTS

FINANCIAL SERVICES Asset ManagementCommercial BankDiversified ServicesInsuranceInvestment BankOtherPrivate Equity/Venture Capital

MANUFACTURINGAutomotiveOther

OTHERRetail/MerchandisingTransportation Services Energy/Petroleum/Utilities Media/Entertainment

TECHNOLOGYElectronicsHardwareInternet/eBusinessOtherSoftwareTelecommunications

9.00%3.23%0.65%5.13%

20.00%18.06%1.94%

3.20%

14.80%2.58%1.94%1.29%1.29%3.23%2.58%1.94%

3.20%1.29%1.94%

6.50%3.23%1.94%0.65% 0.65%

43.20%1.29%3.87%22.58%3.87%10.32%1.29%

$113,466$116,003N/A$111,688

$137,387$138,714N/A

$102,800

$110,000$128,333N/AN/AN/A$125,000$97,500N/A

$105,500N/AN/A

$104,167$100,000N/A N/A N/A

$119,638N/A$114,167$124,118$101,800$119,853N/A

$115,000$120,000N/A$110,750

$140,000$140,000N/A

$106,000

$110,000$125,000N/AN/AN/A$125,000$100,000N/A

$110,000N/AN/A

$105,000$102,500N/A N/AN/A

$120,000N/A$112,500$123,000$115,000$120,000N/A

% ACCEPTEDINDUSTRY MEAN MEDIAN

Compensation by Function

Compensation by Region

Compensation by Industry

13.70%

6.50%

1.30%

24.50%CONSULTING

18.70%FINANCE

18.10%GENERAL MANAGEMENT

2.60%IS/IT: MANAGEMENT

25.20%MARKETING

9.70%POM

1.29%OTHER

5.90%

9.00% BIOTECH/HEALTH/PHARMACEUTICAL

20.00% CONSULTING

3.20% CONSUMER PRODUCTS

3.20% MANUFACTURING

14.80% FINANCIAL SERVICES

6.50% OTHER

43.20% TECHNOLOGY

INTERNATIONAL


2017 Full-Time MBA Graduates

Tepper School of Business 2 0 1 7 E M P L O Y M E N T R E P O R T S U M M A R Y

% ACCEPTED MEAN MEDIANFUNCTION

CONSULTINGInternalManagement/Strategy

FINANCEAnalyticsAsset ManagementCorporate (Analysis/Treasury)Investment Banking ModelingOtherResearchRisk ManagementSales & Trading

GENERAL MANAGEMENTGeneral/LDPsProject ManagementStrategic Planning/Bus. Development

IS/ITManagement Programming/Software Development

MARKETINGBrand (B2C)Product/Industrial (B2B)Research/AnalyticsSales

POMOperations ManagementPurchasingSupply Chain Management/Logistics

OTHER Human ResourcesOther

21.30%7.11%14.22%

20.40%0.95%1.42%10.43%4.27%0.47%0.47%0.95%0.95% 0.47%

20.80%6.16%5.69%9.00%

3.30% 2.84%0.47%

26.40%7.08%13.68%3.77%1.89%

6.20%2.84% 0.47%2.84%

1.90%0.47% 1.42%

$9,369$6,319$11,057

$7,419N/AN/A $7,544$8,892N/AN/AN/AN/AN/A

$6,548$7,009$6,494$6,248

$7,607 $8,290N/A

$6,682$6,583$6,889$5,867$6,803

$6,201$6,467N/A$5,849

$4,981 N/AN/A

$11,245$6,928$11,250

$7,900N/AN/A $7,897$10,417N/AN/AN/AN/AN/A

$6,933$6,928$7,300$6,814

$8,000 $8,000N/A

$6,933$6,928$7,000$5,889$6,906

$7,000$8,000N/A$7,000

$5,547 N/AN/A

% ACCEPTEDREGION MEAN MEDIAN

Mid-AtlanticMidwestNortheastSouthSouthwestWest

Asia Central America and the Caribbean

17.40%14.40%23.40%7.00%5.50%32.30%

3.80%1.40%

$6,468$8,345$8,045$7,936$6,764$7,396

$1,533N/A

$6,413$7,300$8,000$8,200$7,367$8,000

$1,660 N/A

BIOTECHNOLOGY/ HEALTH/ PHARMACEUTICALBiotechnologyMedical Products/DevicesMedical ServicesPharmaceuticals

CONSULTINGManagement/StrategyTechnology

CONSUMER PRODUCTS

ENERGY/ PETROLEUM/ UTILITIES

FINANCIAL SERVICES Asset ManagementCommercial BankCredit Reporting/AnalyticsInsuranceInvestment BankOtherPrivate Equity/Venture Capital

GOVERNMENT/ NOT-FOR-PROFIT

MANUFACTURINGAerospaceAutomotiveChemicalsOther

OTHEROther EntertainmentMediaReal EstateRetail/MerchandisingTransportation Services

TECHNOLOGYElectronicsHardwareInternet/eBusinessOtherSoftwareTelecomunications

14.20%1.42%2.84%2.37%7.58%

14.70%13.74%0.95%

5.70%

1.90%

13.70%2.37%0.47%0.47%2.37%4.27%1.90%1.90%

2.84%

7.10%0.47%1.90%1.42%3.32%

7.10%0.95%0.47%0.47%0.47%3.79%0.95%

32.70%0.47%3.79%14.22%0.47%11.37%2.37%

$6,749N/A$6,381$6,270$7,293

$10,738$10,890N/A

$7,077

$6,718

$7,440$6,101N/AN/A$8,920$8,892$7,217$4,375

$3,566

$6,691N/A$6,647N/A$7,369

$6,095N/AN/AN/A N/A$6,302N/A

$6,928N/A$5,911$6,875N/A$7,408$6,897

$6,933N/A$6,464$6,408$7,500

$11,250$11,250N/A

$7,000

$7,536

$8,666$5,369N/AN/A$9,093$10,417$6,928$3,750

$2,860

$6,900N/A$6,700N/A$7,448

$6,400N/AN/AN/A N/A$6,700N/A

$7,627N/A$5,975$8,000N/A$8,000$6,928

% ACCEPTEDINDUSTRY MEAN MEDIAN

Monthly Compensation by Function

Monthly Compensation by Region

Monthly Compensation by Industry

32.30% 14.40% 23.40%

17.40%

7.00%5.50%

21.30%CONSULTING

20.40%FINANCE

20.80%GENERAL MANAGEMENT

3.30%IS/IT: MANAGEMENT

26.40%MARKETING

6.20%POM

1.90%OTHER

14.20% BIOTECH/HEALTH/PHARMACEUTICAL

14.70% CONSULTING

2.84% GOVERNMENT/NOT-FOR-PROFIT

5.70% CONSUMER PRODUCTS

7.10% MANUFACTURING

1.90% ENERGY/PETROLEUM/UTILITIES

13.70% FINANCIAL SERVICES

7.10% OTHER

32.70% TECHNOLOGY

INTERNATIONAL




2017 Full-Time MBA Summer Interns

3.80% 1.40%


The Tepper School MBA program structures the two-year MBA coursework differently than many other business schools. Our curriculum emphasizes mastery of management fundamentals in year one, prior to the selection of electives. We are unapologetic about resisting the trend of offering optional electives immediately upon students’ arrival. Rather, our students invest much of their first three mini-semesters mastering core business fundamentals such as economics, finance, operations, quantitative analysis and organizational behavior.

It’s this integrated view of business that leads to better decision-making, and better prepares students to tackle real-world problems.

Tepper MBAs have advanced exposure to both leadership and analytics — providing a high-performance career advantage.The coursework for the Full-Time, Part-Time Online Hybrid and Part-Time On-Campus MBA begins with an emphasis on the core base of management skills and business drivers. Unlike many MBA programs, the Tepper School sequences core and elective coursework in order to ensure students have deep understanding and preparation.

In the first year (Full-Time) and first half of the program (Part-Time), the MBA curriculum concentrates on those engines that influence business results. In year two and the second half of the program, students transition into classes, project courses and team-based capstones that elevate practical application. Students are given an impressive range of electives and leadership options that accelerate learning and career opportunities.

CONCENTRATIONS

Choosing from approximately 10 concentrations, most students identify three to five concentrations. These courses build upon the preparation from core coursework as well as the summer internship experience.

MBA TRACKS MBA Tracks — which represent a configuration of specific electives within the business school and/or across the Carnegie Mellon campus — provide an opportunity for in-depth study in a particular field or career path.

MBA CAPSTONE COURSES

Capstones often reflect immersive, experiential coursework in which students and professors work alongside corporations and recruiters on real-world consulting assignments.

GLOBAL STUDY

The small size and international focus of our program makes global study an appealing option. The two primary capstone treks include the European Study Abroad — eight weeks in Germany, partnering with the WHU Otto Beisheim School of Management in Koblenz — and the Asia Study Abroad — eight weeks at The Chinese University of Hong Kong’s CUHK Business School. In addition, student clubs organize non-credit student treks during spring break; in recent years, these treks have included travel to Latin America, China, Japan, Dubai and Qatar (with visits to the Carnegie Mellon campus in Doha) and Israel.




#10 2017 RECRUITERRANKING Businessweek 58% OF MBA WOMEN IN THE FULL TIME

CLASS OF 2017 ACCEPTED JOBS IN THE TECHNOLOGY INDUSTRY

TO SCHEDULE A RECRUITING VISIT, PLEASE CONTACT: Lynn UrsoAssistant Director, Recruiting [email protected]

Instant access to Tepper School career data is available through our ready-reference website. tepper.cmu.edu/recruit@tepper

Jack VogelAssociate [email protected]

Tepper School of Business Career Opportunities Center Suite 149Posner Hall 5000 Forbes Avenue Pittsburgh, PA 15213Phone: 412-268-2278 Fax: 412-268-4146 tepper.cmu.edu/recruit@tepper

Not pictured Sophia [email protected]

Lynn UrsoAssistant Director, Recruiting [email protected]

Rick BergAssociate [email protected]

Lesley Kromer, [email protected]

Matthew Evans Associate [email protected]

Kimberly C. ParkerRecruiting [email protected]

Sally GouldAssistant Director, Operations [email protected]

Jacqueline [email protected]

Kathryn RileyAssociate Director412-268-6907 [email protected]

Yvonne PoindexterFront Desk [email protected]

Molly Mickinak Loggins Recruiting Events [email protected]

Stephen Rakas Executive Director412-268-2277 [email protected]

Scott ScheibleAssociate Director412-268-7355 [email protected]

Career Opportunities Center Contacts


STATEMENT OF ASSURANCECarnegie Mellon University does not discriminate in admission, employment, or administration of its programs or activities on the basis of race, color, national origin, sex, handicap or disability, age, sexual orientation, gender identity, religion, creed, ancestry, belief, veteran status, or genetic information. Furthermore, Carnegie Mellon University does not discriminate and is required not to discriminate in violation of federal, state, or local laws or executive orders.

Inquiries concerning the application of and compliance with this statement should be directed to the university ombudsman, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213, telephone 412-268-1018.

Obtain general information about Carnegie Mellon University by calling 412-268-2000.

Career Opportunities Center5000 Forbes AvenuePittsburgh, PA 15213

p: 412-268-2278f: 412-268-4146

tepper.cmu.edu/recruit@tepper

2 0 1 7 E M P L O Y M E N T R E P O R T S U M M A R Y

Tepper School of Business

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Tepper School Employment Report Summary - cmu.edu · 2017 MBA Summary Employment Report, ... summer intern candidates. The level of excitement on campus continues to grow as the construction