Graduate Overview
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CLASS OF 2019 MBA GRADUATES GRADUATE OVERVIEW Michigan Ross Full-Time MBAs are thoroughly prepared DEMOGRAPHIC OVERVIEW to launch the careers they love, all over the country: Class Size...................................................................423 Geographic Distribution Undergraduate Majors Africa ............................................................................................ 1% 97 percent of graduates had an offer within three months Business ..................................................................................25% Asia ............................................................................................22% of graduating, and over two thirds accepted roles on Economics ................................................................................11% Australia & New Zealand.................................................< 1% the East Coast, West Coast, or Chicago. Engineering ............................................................................21% Europe .........................................................................................3% Humanities .............................................................................22% India ..............................................................................................7% Other ..........................................................................................21% Middle East ................................................................................1% Average Full-Time Work Experience (years) ...... 5.6 North America ......................................................................68% Average Age ..............................................................30 South America.........................................................................6% Women .....................................................................42% Grade Point Average (GPA) ................................3.45 Underrepresented Minorities ................................13% GMAT Score International ............................................................35% Middle 80% Range ....................................................660-760 Average ......................................................................................713 This report conforms to the MBA Career Services & Employer Alliance Standards for Reporting MBA Employment Statistics. CLASS OF 2019 MBA GRADUATES HIRING COMPANIES A.T. Kearney Inc. Citi Groupon Inc. Nationwide Mutual Insurance Tridge Accenture Civis Analytics Guggenheim Partners NIKE Inc. Tyson Foods Inc. Adobe Clorox Co. Harbourvest Partners Northrop Grumman Corp. Uber Technologies Inc. Alexander Group Inc. CohnReznick Capital Markets HARMAN International Olam UnitedHealth Group Inc. AlixPartners, LLC Conagra Brands Heartman House Oracle Corp. Vanguard Group Alpha JWC Ventures Conway MacKenzie Inc. Hershey Co. Owens Corning Varsity Tutors Amazon Coupang International Business Machines Corp. OYO Home Viacom Media Networks American Airlines Credit Suisse Indigo Partners Group Walmart American Century Investments Cummins Inc. InGenius Prep PepsiCo Inc. Waterstone Management Group American Express Co. Danaher Corp. Ipsy Per Scholas Wayfair Anheuser-Busch InBev Inc. Danone North America iStrategyLabs Perella Weinberg Partners Wells Fargo Arnold Group DaVita Inc. Johnson & Johnson Piper Jaffray & Co. West Monroe Partners Astrazeneca Dell Inc. JP Morgan Chase & Co. PwC Strategy& Whirlpool Corp. Automotive Quality & Logistics Deloitte Kimberly-Clark Corp. QuintoAndar William Blair Bain & Co. Inc. Discover Financial Services, LLC. KPMG LLP Raytheon Wipro Baltimore Ravens DTE Energy Kraft Heinz Co. RBC Capital Markets Wish Bank of America Merrill Lynch Duke Eye Center Lazard The Related Cos. LP Zillow Group Barclays PLC E & J Gallo Winery Lime Republic Services ZS Associates Baxter Healthcare Corp. Ecolab Inc. LinkedIn Restaurant Brands International Inc. Bedrock Enel Green Power North America LLamasoft Rivian Bimbo Bakeries USA Expedia Group LoanCore Capital Rockbridge Growth Equity LLC BluePrint Research Group EY LPixel Inc. Roland Berger BMO Capital Markets Fiat Chrysler Automobiles M&T Bank Root Inc. Boeing Co. Fidelity Investments M3 Inc. S.C. Johnson & Son Inc. Boston Consulting Group Flagship Pioneering McKinsey & Co. SkySpecs Broad Residency in Urban Education Ford Motor Co. MEBL SoundHound Inc. Brunswick Corp. Fortive Medtronic Inc. Starbucks Bschool Travel Frog Microsoft Corp. Strategy& Cambridge Associates General Mills Inc. MillerCoors T-Mobile Cargill Inc. General Motors Corp. MISUMI Group Inc. Target Corp. Chartis Group Goldman Sachs Group Morgan Stanley Tata Consultancy Services Cisco Systems Inc. Google Inc. Nalco Champion Tencent MBA CLASS OF 2019 // GRADUATES // HIRING COMPANIES CLASS OF 2019 MBA GRADUATES ACCEPTANCES BY INDUSTRY DETAILED COMPENSATION INFORMATION (94% of accepted offers included usable industry salary data) BASE SALARY SIGNING BONUS % OF % OF INDUSTRY REPORTED MEDIAN MEAN RANGE REPORTED MEDIAN % Consulting 32.0% $150,000 $142,983 $72,000-$170,000 96.2% $25,000 Consumer Packaged Goods 8.0% $108,000 $111,920 $98,000-$135,000 96.0% $30,000 32.0 CONSULTING Financial Services 15.1% $150,000 $137,170 $100,000-$180,000 96.0% $47,500 % Healthcare 3.6% $120,000 $121,700 $114,000-$135,000 100.0% $25,000 32OF GRADUATES WENT INTO CONSULTING Manufacturing 8.9% $120,000 $117,143 $58,000-$150,000 93.1% $22,000 Retail 4.4% $115,000 $115,667 $100,000-$135,000 80.0% $25,000 Technology 21.6% $122,650 $121,215 $80,000-$154,000 85.3% $35,000 Other 6.4% $120,000 $112,933 $50,000-$140,000 60.0% $25,000 % 21.6 TECHNOLOGY % 15.1 FINANCIAL SERVICES % % 8.9 MANUFACTURING % 8.0 GOODS PACKAGED CONSUMER % 6.4 OTHER % 4.4 RETAIL 3.6 HEALTHCARE MBA CLASS OF 2019 // GRADUATES // ACCEPTANCES BY INDUSTRY CLASS OF 2019 MBA GRADUATES ACCEPTANCES BY FUNCTION 2018 DETAILED COMPENSATION INFORMATION (94% of accepted offers included usable function salary data) BASE SALARY SIGNING BONUS % % OF % OF FUNCTION REPORTED MEDIAN MEAN RANGE REPORTED MEDIAN % 34.9 CONSULTING Consulting 34.9% $148,000 $142,162 $72,000-$170,000 95.6% $25,000 89OF GRADUATES ARE CAREER SWITCHERS General Consulting 5.3% $145,000 $146,031 $125,000-$165,000 93.8% $25,000 Internal Consulting 1.8% $135,000 $131,600 $120,000-$148,000 100.0% $25,000 Operations/Process Management 2.4% $150,000 $151,786 $145,000-$165,000 85.7% $27,500 Strategy Consulting 25.4% $148,000 $141,262 $72,000-$170,000 96.5% $25,000 Finance 17.5% $135,000 $134,675 $100,000-$180,000 91.2% $47,750 Asset Management 1.2% $142,500 $148,750 $130,000-$180,000 75.0% $30,000 Corporate Finance 4.7% $115,000 $115,767 $100,000-$130,000 80.0% $30,000 General Finance 1.5% $125,000 $122,000 $110,000-$130,000 100.0% $40,000 Investment Banking 8.6% $150,000 $146,034 $110,000-$150,000 96.6% $50,000 Private Equity/Venture Capital 1.5% $127,500 $125,000 $110,000-$135,000 100.0% $12,065 % % General Management 13.3% $120,000 $121,053 $80,000-$150,000 100.0% $25,000 Human Resources 1.8% $108,000 $110,167 $105,000-$120,000 100.0% $30,000 1 7.8 MARKETING/SALES 17.5 FINANCE Marketing/Sales 17.8% $115,000 $116,046 $50,000-$154,000 88.7% $30,000 % Brand/Product Management 11.8% $115,000 $115,494 $98,000-$140,000 91.4% $30,000 General Marketing 3.0% $120,000 $122,778 $114,000-$140,000 88.9% $25,000 13.3 GENERAL MANAGEMENT Sales 3.0% $118,000 $111,459 $50,000-$154,000 77.8% $20,000 Operations/Supply Chain Management 7.7% $120,000 $119,200 $85,000-$142,000 80.0% $30,000 Strategic Planning 4.1% $112,504 $110,272 $58,000-$130,000 83.3% $22,500 % Other 2.9% $115,000 $111,852 $85,000-$134,000 37.5% $14,402 7. 7 CHAIN MANAGEMENT OPERATIONS/SUPPLY % % 4.1 PLANNING STRATEGIC % 2.9 OTHER 1.8 HUMAN RESOURCES MBA CLASS OF 2019 // GRADUATES // ACCEPTANCES BY FUNCTION CLASS OF 2019 MBA GRADUATES ACCEPTANCES BY REGION DETAILED COMPENSATION INFORMATION (94% of accepted offers included usable region salary data) BASE SALARY SIGNING BONUS % % % OF % OF 11.8 21.9 SEATTLE METRO CHICAGO METRO FUNCTION REPORTED MEDIAN MEAN RANGE REPORTED MEDIAN Mid-Atlantic 3.6% $152,000 $144,333 $114,000-$165,000 100.0% $25,000 Philadelphia Metro 0.6% — — — — — Washington DC Metro 1.8% $155,000 $148,750 $120,000-$165,000 100.0% $25,000 % Other 1.2% $135,000 $141,667 $125,000-$165,000 100.0% $30,000 18.0 NORTHEAST Midwest 34.6% $140,000 $133,931 $85,000-$170,000 94.6% $25,000 % 23.1 % Chicago Metro 21.9% $145,000 $137,333 $95,000-$170,000 97.1% $25,000 WEST 34.6 % Detroit Metro 8.6% $128,000 $131,460 $85,000-$165,000 85.2% $25,000 MIDWEST 3.6 MID- Minneapolis/St. Paul Metro 1.8% $120,000 $129,000 $108,000-$165,000 100.0% $25,000 ATLANTIC Other 2.4% $120,000 $116,625 $98,000-$130,000 100.0% $20,000 Northeast 18.0% $135,000 $133,842 $96,128-$180,000 83.3% $30,000 % 14.4% Boston Metro 3.3% $135,000 $137,750 $110,000-$180,000 90.0% $30,000 5.6 TRI-STATE AREA Tri-State Area 14.4% $140,000 $133,123 $96,128-$165,000 81.6% $30,000 SOUTHWEST 5.0% (New York, New Jersey, & Connecticut) SOUTH Other 0.3% — — — — — 8.9 % South 5.0% $122,500 $128,906 $100,000-$152,500 93.8% $25,000 SAN FRANCISCO Atlanta Metro 0.9% — — — — — BAY AREA Miami Metro 0.6% — — — — — Other 3.5% $115,000 $121,818 $100,000-$150,000 100.0% $25,000 Southwest 5.6% $116,500 $125,389 $105,000-$165,000 94.4% $25,000 Dallas Metro 2.7% $132,500 $134,750 $111,000-$165,000 100.0% $25,000 Denver Metro 1.2% $117,500 $120,000 $105,000-$140,000 100.0% $33,500 Houston Metro 0.6% — — — — — Phoenix Metro 0.3% — — — — — Other 0.9% — — — — — West 23.1% $125,000 $127,329 $92,000-$165,000