UNIVERSITY OF PENNSYLVANIA

The Wharton School

Undergraduate Class of 2020

Career Plans Survey Report

Methodology Sections

Career Services at the University of Pennsylvania annually 1. Post-Graduation Plans

surveys graduating students to provide a snapshot of their 2. Full-Time Employment

post-graduation plans. 3. Industries & Top Hiring Employers

4. Job Function This report looks at the 687 The Wharton School 5. Geography undergraduates who received their degrees from August 2019–May 2020. Students were surveyed through 6. Job Offers & Hiring Timeline September 30th, 2020 with a 66% response rate. Additional 7. Salary & Bonuses information was collected via LinkedIn and other sources, 8. Continuing Education

bringing the total knowledge rate up to 87%, a total of 9. Graduate Programs & Degree Level 598 known graduate outcomes. However, given the 10. First Destinations by Concentration pandemic, we realize some offers may have been delayed or

rescinded.

1 CLASS OF 2020, THE WHARTON SCHOOL Post-Graduation by the Numbers

Known Outcomes 598 responses

Full-Time Employment 93.8% Continuing Education 3.0%

Seeking Employment 2.0% 97.8% of graduates were either employed, Part-Time Employment 0.7% enrolled in continuing education, volunteering,

Military 0.2% serving in the military, or not seeking in the first

4 months after graduation. Seeking Continuing Education 0.2%

0.2% Volunteering

All Graduates 687 students

Full-Time Employment Continuing Education Unknown

83% 3% 13%

(2%) Seeking Employment | (1%) Other

Post-Graduation: 5 Year Trends

Continuing 5.80% 2.00% 3.01% Education 3.90% 4.30%

Employed* 89.80% 95.20% 91.50% 92.78% 94.82%

2016 2017 2018 2019 2020

*Employed includes full-time employed, part-time employed, military service and volunteer service 2 CLASS OF 2020, THE WHARTON SCHOOL Full-Time Employment

Top Hiring Employers by Employment by Industry Industry 555 responses

Consulting 51% Financial Services 1. Boston Consulting Group (BCG) (28) 25% Consulting 2. McKinsey & Company (22) 3. Bain & Company (21) 11% Technology 4. Accenture (10) 2% Real Estate/Construction 5. Oliver Wyman (5) 1% Media/Journalism/Entertainment Financial Services 1. JPMorgan Chase & Co. (29) 1% Consumer Products 2. (18) 1% Other 3. (14) (14) 1% Insurance 5. (13) 1% Retail/Wholesale Technology 1% Non-Profit 1. (8) 1% Marketing/Advertising/Public Relations 2. Facebook (7) 3. Mastercard (6) 0.7% Manufacturing - Other 4. Amazon (4) 0.5% Sports/Hospitality/Food Service Bloomberg (4) 0.5% , Inc. (4) Education 0.5% Pharmaceuticals/Biotechnology Other 1. University of Pennsylvania (3) 0.4% Healthcare 2. JBG SMITH (2) 0.4% Government Macy's, Inc. (2) McMaster-Carr (2) 0.4% Energy/Natural Resources/Utilities PepsiCo (2) 0.4% Automotive The Walt Disney Company (2)

Financial Services Consulting

Investment Banking/Brokerage 63% Management Consulting 85%

Investment Management/Counsel 15% Other 7%

Private Equity 10% Healthcare/Life Sciences 7%

Hedge Fund 7% Non-Profit/Government 1%

Diversified Financial Services 5%

Venture Capital 1% 3 CLASS OF 2020, THE WHARTON SCHOOL Full-Time Employment

Employment by Job Function 524 responses

Finance 253 / 48% Consulting 140 / 27% Software Development/Engineering 17 / 3%

Data Analytics 16 / 3% Entrepreneur/Founder 13 / 2% Finance Marketing 12 / 2% 143 / 57% Real Estate Investment 12 / 2% Private Equity 27 / 11% Other 10 / 2% Investment Management/Counsel 25 / 10%

Product/Brand Management 8 / 2% Securities Research 19 / 8% Sales 6 / 1% Trading 17 / 7% Business Development 5 / 1% Financial Planning & Analysis 11 / 4%

Management 5 / 1% Venture Capital 6 / 2%

Sales Product/Project Management (Technology) 4 / 0.8% 4 / 2% Market Research 3 / 0.6% Risk Management 1 / 0.4% Research 3 / 0.6% Actuarial 2 / 0.4% Buying/Merchandising 2 / 0.4% Consulting Human Resources 2 / 0.4% Management/Strategy 127 / 91% Administration 1 / 0.2% Advertising/Media Planning 1 / 0.2% Technology 9 / 6% Clinical Other - Non-Nursing 1 / 0.2% Research 4 / 3% Legal Support 1 / 0.2% Nursing 1 / 0.2% Production (Media) 1 / 0.2% Public Relations 1 / 0.2% Real Estate Development 1 / 0.2% Social Media 1 / 0.2% Teaching 1 / 0.2% Web Design/Development 1 / 0.2%

4 CLASS OF 2020, THE WHARTON SCHOOL Full-Time Employment

Internationally Employment by State 3% of those who reported their location 511 responses 19 students in 11 countries

China France Hong Kong (9)

Hungary

India

Malaysia

Mexico

Singapore Taiwan Mass. (21) United Arab Emirates Conn. (8) United Kingdom N.J. (12) Md. (4) D.C. (20)

International Students

Of the 103 respondents working full-time who identified as foreign nationals, 82 (80%) were employed in the U.S.

U.S. Employers of Foreign Nationals Consulting Bridgewater Associates MUFG Bloomberg Activate Consulting CDIB Capital International Facebook Bain & Company Citadel Securities Parthenon Capital Mastercard Boston Consulting Group Citi Perella Weinberg Partners Microsoft (BCG) Cowen PJT Partners Ought ClearView Healthcare Credit Suisse Point72 Palo Alto Networks Partners Evercore Rabobank Wholesale Banking Uber Compass Lexecon Falcon Investment Advisors North America Zynga Deloitte Goldman Sachs Robinhood Other GEP Greenhill & Co Sawaya Partners Nuro McKinsey & Company JPMorgan Chase & Co. Silver Lake Penn Medicine Sard Verbinnen & Co Kohlberg Kravis & Roberts & Stone Point Capital The Walt Disney Company Financial Services Co. Inc. ("KKR") The Invus Group University of Pennsylvania Anchorage Capital Group M. Klein & Company Vector Capital W. P. Carey, Inc. AQR Capital Management Millennium Management LLC Warburg Pincus of America Mizuho Technology Blackstone Morgan Stanley Adobe Systems 5 CLASS OF 2020, THE WHARTON SCHOOL Full-Time Employment

Hiring Timeline 373 responses 89% of graduates working full-time accepted offers before January, 51% primarily working in early recruiting industries like Finance and Consulting. Received

Offer 33%

25% Accepted

Offer 15% 13% 17% 11% 3% 4% 2% 2% 3% 2% 1% 1% 1% 1% 6% 2% 1% 1% Jul & Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep earlier

2019 2020

Offer Method 319 responses 49% of full-time opportunities were Career Services 49% found through Career Services. Other Career Services Previous Employer (Non-OCI) 24% Resources, 15% On Campus Interviewing Applied Directly 17% (OCI), 51% Previous Employer (through OCI), 34%

Penn Contacts 6%

41% accepted return offers from a previous employer, Non-Penn Contact 3% primarily in Financial Services.

42% accepted offers from On Campus Interviews Other 1% (through a previous employer or through OCI directly).

6 CLASS OF 2020, THE WHARTON SCHOOL Full-Time Employment

Average Starting Salary $86,217

$82,444

$80,566 $80,354

$77,566

2016 2017 2018 2019 2020

Respondents Average Median Range Wharton 365 $86,217 $85,000 $24,960 $200,000 Wharton Only 282 $83,559 $85,000 $24,960 $180,000 Women 140 $82,936 $85,000 $24,960 $150,000 Men 142 $84,174 $85,000 $30,000 $180,000 WH/CAS – Dual Degree 42 $86,093 $86,500 $55,000 $135,000 Women 19 $85,863 $85,000 $55,000 $135,000 Men 23 $86,283 $88,000 $60,000 $100,000 WH/Nursing – Dual Degree 3 $74,333 $80,000 $53,000 $90,000 Women 2 - - - - Men 1 - - - - WH/SEAS – Dual Degree 38 $107,016 $91,800 $63,000 $200,000 Women 11 $106,964 $93,600 $63,000 $200,000 Men 27 $107,037 $90,000 $80,000 $156,000 *Fewer than 3 reported salaries not published to maintain confidentiality.

Signing Bonus Respondents Average Median 83% of respondents Signing Bonus 298 $11,585 $10,000 Women 139 $10,863 $10,000 reported accepting a Men 159 $12,217 $10,000 signing bonus.

7 CLASS OF 2020, THE WHARTON SCHOOL Continuing Education

Top Graduate Schools Continuing Education by Attended by Discipline Field of Study 16 responses Business 1. Barcelona Graduate School of Economics (1) Massachusetts Institute of Technology (1) 31% Business Rice University (1) Stanford University (1) University of Oxford (1) 25% Engineering

Engineering 1. University of Pennsylvania (4) 19% Law Law 1. Harvard University (1) University of Georgia (1) 19% Social Science Yale University (1)

Other Programs 1. Thomas Jefferson University (1) 6% Medicine Tsinghua University (1) UCSF - UC Hastings Consortium (1) University of California, Berkeley (1) University of Maryland (1) University of Pennsylvania (1)

Continuing Education Degree Level 18 responses Other, 6%

Doctorate, 28% Masters, 67%

8 CLASS OF 2020, THE WHARTON SCHOOL First Destinations by Concentration

Accounting Actuarial Science * Behavioral Economics Business Analytics Business Economics & Public Policy Environmental Policy & Management * Finance Global Analysis * Health Care Management & Policy Legal Studies & Business Ethics Management Managing Electronic Commerce * Marketing Marketing & Communication * Marketing & Operations Management Operations, Information & Decisions Real Estate Retailing * Social Impact & Responsibility * Statistics

*Fewer than 9 respondents not published to maintain confidentiality.

9 CLASS OF 2020, THE WHARTON SCHOOL Accounting 22 responses

First Destinations: Employers Post-Graduation Outcomes Blackstone, Analyst * Boston Consulting Group (BCG), Associate Consultant * Full-Time Employment 95.5% Citadel Securities, Commodities Analyst * Evercore, Investment Banking Analyst - Restructuring * Evercore, Restructuring Analyst * Continuing Education 4.5% ExxonMobil Corporation, Corporate Financial Analyst * Guggenheim Partners, Restructuring Investment Banking Analyst * , Analyst, Financial Restructuring Group * Jefferies, LLC, Investment Banking Analyst * Industries JPMorgan Chase & Co., Analyst * 20 responses JPMorgan Chase & Co., Investment Banking Analyst * Financial Services, 90% JPMorgan Chase & Co., Investment Banking Analyst ○ Consulting, 5% Manning & Napier Advisors, LLC, Research Associate * Moelis & Company, Investment Banking Analyst (2) * Energy/Natural Resources/Utilities, 5% Morgan Stanley, Investment Banking Analyst (2) * Perella Weinberg Partners, Analyst * PJT Partners, Investment Banking Analyst * Sawaya Partners, Investment Banking Analyst * * Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

First Destinations: Graduate Schools & Continuing Education Programs Harvard University, Doctorate, Law ○

10 CLASS OF 2020, THE WHARTON SCHOOL Behavioral Economics 20 responses

First Destinations: Employers Post-Graduation Outcomes Bain & Company, Associate Consultant * Bain & Company, Associate Consultant ○ Full-Time Employment 95.0% Boston Consulting Group (BCG), Associate (3) * Boston Consulting Group (BCG), Associate Consultant (2) * Cornerstone Research, Economic Research Analyst * Seeking Employment 5.0% Edgemont Partners, Investment Banking Analyst * Houlihan Lokey, Financial Analyst * Insight Partners, Analyst + Insight Partners, Onsite Business Analyst JPMorgan Chase & Co., Equity Derivatives Trader * Manning & Napier Advisors, LLC, Research Associate * McKinsey & Company, Business Analyst (2) * Industries Perella Weinberg Partners, Investment Banking Analyst * 19 responses Simon-Kucher & Partners, Consultant * Consulting, 58% Warburg Pincus, Private Equity Analyst * Financial Services, 42%

* Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

11 CLASS OF 2020, THE WHARTON SCHOOL Business Analytics 135 responses

First Destinations: Employers Post-Graduation Outcomes Accenture, Management Analyst Accenture, Strategy Analyst (2) * Full-Time Employment 96.3% Activate Consulting, Business Analyst * Adobe Systems, Associate Consultant + Seeking Employment 2.2% Adobe Systems, Digital Strategy Analyst * Alvarez & Marsal, LLC, Analyst, Private Equity Services * Continuing Education 0.7% Amazon + Amazon, Instock Manager * Part-Time Employment 0.7% American Express, Analyst * Bain & Company, Associate Consultant Bain & Company, Associate Consultant (4) * Bain & Company, Associate Consultant + Industries 128 responses Bank of America, Analyst * Bank of America, Sales and Trading Analyst * Financial Services, 48% Bayesian Health, Frontend Developer Consulting, 27% BlackRock, Business Analyst * Blackstone, Analyst * Technology, 16% Bloomberg, Equity Researcher * Marketing/Advertising/Public Relations, 2% Bloomberg, Software Engineer ○ Media/Journalism/Entertainment, 2% Boston Consulting Group (BCG), Associate (2) * Boston Consulting Group (BCG), Associate + Automotive, 1% Boston Consulting Group (BCG), Associate Consultant (2) * Energy/Natural Resources/Utilities, 1% Boston Consulting Group (BCG), Associate Consultant + Healthcare, 1% Boston Consulting Group (BCG), Consulting Business Associate * Caesars Entertainment, Data Analyst + Other, 1% Cain Brothers, Investment Banking Analyst * Pharmaceuticals/Biotechnology, 1% Capital One, Business Analyst * Real Estate/Construction, 1% Capital One, Data Analyst Chimera Capital Management, Junior Analyst + Sports/Hospitality/Food Service, 1% Citadel Securities, Software Engineer Citadel Securities, Options Trader * Citi, Investment Banking Analyst + * Multiple Concentrations Citi, Technology Analyst * + College Dual Degree ClearView Healthcare Partners, + ○ SEAS Dual Degree Cowen, Investment Banking Analyst * ^ Nursing Dual Degree

Employers continued on next page 12 CLASS OF 2020, THE WHARTON SCHOOL Business Analytics 135 responses

First Destinations: Employers Credit Suisse, Investment Banking Analyst (3) * M. Klein & Company, Investment Banking Analyst * Credit Suisse, M&A Analyst * Macquarie, Infrastructure & Energy Analyst * Deloitte + Mastercard, Associate Consultant (2) * Deloitte, Human Capital Business Analyst * Mastercard, Consultant * Deloitte, Strategy & Operations Business Analyst * McKinsey & Company, Business Analyst Deloitte, Strategy Analyst * McKinsey & Company, Business Analyst (4) * Digivalet Inc. * McKinsey & Company, Business Analyst ○ Evercore, Analyst * McKinsey & Company, Business Analyst (3) + Evercore, Investment Banking Analyst + Microsoft, FRP Analyst * Evercore, Investment Banking Analyst ○ Microsoft, Product Marketing Manager * Evercore, Restructuring Analyst ○ Microsoft, Program Manager Facebook, Quantitative Researcher Millennium, Equities Junior Analyst * Facebook, Software Engineer Millennium Management LLC, Analyst * Falcon Investment Advisors, Private Equity Analyst Miller Buckfire, Investment Banking Analyst * GEP, Associate * Mizuho, Investment Banking Analyst * Goldman Sachs, Analyst * Moelis & Company, Investment Banking Analyst + Goldman Sachs, Digital Product Management * Morgan Stanley, Analyst * Greenhill & Co., Investment Banking Analyst * Morgan Stanley, Investment Banking Analyst (3) * Houlihan Lokey, Financial Restructuring Analyst * Morgan Stanley, Investment Banking Analyst + Insight Partners, Investment Analyst * MUFG, Corporate Derivatives Sales Analyst * Insight Partners, Investment Analyst ○ National Research Group, Inc., Market Research Analyst * Jane Street, Software Engineer ○ NION Marketing, Founder * JPMorgan Chase & Co., Analyst * Parthenon Capital, Private Equity Analyst JPMorgan Chase & Co., Investment Banking Analyst (4) * PAYOU, Founder & CEO * JPMorgan Chase & Co., Leveraged Finance Analyst * Penn Medicine, Research Specialist * Kohlberg Kravis & Roberts & Co. Inc. ("KKR"), Investment Pep Boys Auto, Assistant Store Manager * Analyst * Petroliam Nasional Berhad (Petronas), Entry Level Position * Kohlberg Kravis & Roberts & Co. Inc. ("KKR"), Private Equity PJT Partners, Analyst * Analyst * PJT Partners, Investment Banking Analyst * Linkit!, Data Analyst Point72, Analyst * Lunar Solar Group, Growth Analyst * PricewaterhouseCoopers (PwC), Advisory Tech Consultant * Luxury Yacht Suites Ltd., Co-Founder PricewaterhouseCoopers (PwC), Cybersecurity Consultant

* Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree Employers continued on next page 13 CLASS OF 2020, THE WHARTON SCHOOL Business Analytics 135 responses

First Destinations: Employers

Rabobank Wholesale Banking North America, Investment Banking Analyst * * Multiple Concentrations Roivant Sciences, Business Analyst ○ + College Dual Degree Financial, Investment Banking Analyst * ○ SEAS Dual Degree Stone Point Capital, Investment Analyst * ^ Nursing Dual Degree The Invus Group, Analyst * Uber, Associate Product Manager ○ Uber, Strategic Finance Analyst * UBS, Investment Banking Analyst * Vector Capital, Private Equity Analyst * W. P. Carey, Inc., Investment Analyst + Warburg Pincus, Private Equity Analyst * Wayfair, Associate Product Manager *

First Destinations: Graduate Schools & Continuing Education Programs Stanford University, Doctorate, Law ○

14 CLASS OF 2020, THE WHARTON SCHOOL Business Economics & Public Policy 20 responses

First Destinations: Employers Post-Graduation Outcomes Boston Consulting Group (BCG), Associate Boston Consulting Group (BCG), Associate * Full-Time Employment 80.0% CDIB Capital International, Associate * ClearView Healthcare Partners + Continuing Education 10.0% Democratic National Committee, Pennsylvania Field Organizer + Seeking Employment 5.0% Goldman Sachs, Investment Analyst * Guggenheim Partners, Investment Banking Analyst * Volunteering 5.0% LionTree, Analyst * McKinsey & Company, Risk Advanced Analytics Fellow * Morgan Stanley, Investment Banking Analyst * New Markets Support Company, Analyst + Oliver Wyman, Consultant + Palentir Technologies, Civil Liberties Engineer ○ Industries 15 responses Strategy&, Strategy Consulting Associate * The Bridgespan Group, Associate Consultant + Consulting, 47% Financial Services, 40% Nonprofit, 7%

Technology, 7% * Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

15 CLASS OF 2020, THE WHARTON SCHOOL Finance 344 responses

First Destinations: Employers Post-Graduation Outcomes Accenture, Strategy Analyst Accenture, Strategy Analyst * Full-Time Employment 94.5% Accenture, Summer Strategy Analyst Continuing Education 2.9% AIG, Investment Analyst * AirCampus, President * Seeking Employment 1.7% Aksia, Investment Research Analyst * AllianceBernstein, Research Associate * Part-Time Employment 0.6% Analysis Group, Inc., Analyst (Management Consulting) * Military 0.3% Anchorage Capital Group, Analyst * Apple, Engineering Program Manager ○ Applecart, Politics & Advocacy Analyst * Industries 322 responses Ares Management Corporation, Private Equity Analyst ○ Armstrong International, Analyst Financial Services, 74% Bain & Company, Associate Consultant (6) * Consulting, 16% Bain & Company, Associate Consultant ○ Bain & Company, Associate Consultant (3) + Technology, 5% Bain Capital, Private Equity Analyst ○ Real Estate/Construction, 2% Bank of America, Analyst Bank of America, Analyst (2) * Other, 1% Bank of America, Global Risk Analyst Accounting, 0.3% Bank of America, Investment Banking Analyst (3) * Automotive, 0.3% Bank of America, Investment Banking Analyst ○ Barclays, Analyst * Education, 0.3% Barclays, Investment Banking Analyst (3) * Energy/Natural Resources/Utilities, 0.3% BlackRock, Business Analyst * Blackstone, Analyst (3) * Engineering, 0.3% Blackstone, Analyst ○ Government, 0.3% Blackstone, Analyst + Insurance, 0.3% Blackstone, Real Estate Acquisitions Analyst * Blackstone, Summer Business Analyst Media/Journalism/Entertainment, 0.3% Bloomberg, Equity Researcher * Nonprofit, 0.3% Bloomberg, Software Engineer ○ Retail/Wholesale, 0.3% Boston Consulting Group (BCG), Associate (3) * Boston Consulting Group (BCG), Associate ○ Boston Consulting Group (BCG), Associate + * Multiple Concentrations Boston Consulting Group (BCG), Associate Consultant * + College Dual Degree Boston Consulting Group (BCG), Consulting Business Associate ○ SEAS Dual Degree Boston Consulting Group (BCG), Consulting Business Associate * ^ Nursing Dual Degree Employers continued on next page 16 CLASS OF 2020, THE WHARTON SCHOOL

Finance * Multiple Concentrations 344 responses + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree First Destinations: Employers Bridgewater Associates, Investment Engineer ○ Deloitte, Strategy Analyst * Brookfield Properties, Analyst Digivalet Inc. * Caesars Entertainment, Data Analyst + Dropbox, Product Manager Cain Brothers, Investment Banking Analyst * Edgemont Partners, Investment Banking Analyst * Cantor Fitzgerald, Investment Banking Summer Analyst ○ England & Company, Investment Banking Analyst * Capital Group, Associate Financial Analyst * Equitable Advisors (formerly, AXA Advisors, LLC), Financial Capital One, Business Analyst (2) * Advisor Capital One, Product Management and Analytics + Equitable Advisors (formerly, AXA Advisors, LLC), Financial Capital One, Product Manager ○ Consultant * Capital One, Strategy Associate * Etcetera Bio + CDIB Capital International, Associate * Evercore, Analyst + Evercore, Analyst (2) * Centerview Partners, Investment Banker * Evercore, Biotech Associate + Centerview Partners, Investment Banking Analyst (2) * Evercore, Internship: Fall Analyst + Citadel Securities, Commodities Analyst * Evercore, Investment Banking Analyst * Citadel Securities, Options Trader * Evercore, Investment Banking Analyst (2) ○ Citadel Securities, Trader * Evercore, Investment Banking Analyst (2) + Citi + Evercore, Investment Banking Analyst - Restructuring * Citi, Analyst Evercore, Restructuring Analyst * Citi, Analyst * Evercore, Restructuring Analyst ○ Citi, Investment Banking Analyst (2) + Evercore, Tech Advisory - M&A * Citi, Markets Analyst * ExxonMobil Corporation, Corporate Financial Analyst * Citi, Sales and Trading Analyst * EY, Associate Consultant * Citi, Securitized Product Sales Analyst EY, Strategy and Operations Consultant * CoParse, Co-Founder & CEO ○ EY-Parthenon, M&A Strategy Consultant * Cove Hill Partners + Financo, Investment Banking Analyst * Cowen, Investment Banking Analyst * Five Elms Capital, Financial Analyst * Cowen, Investment Banking Analyst (Healthcare) * Flow Traders, Trader * Credit Suisse, Analyst * FTI Consulting, Data & Analytics Consultant Credit Suisse, Financial Analyst General Atlantic, Analyst * Credit Suisse, Financial Analyst + GEP, Associate * Credit Suisse, High Yield Credit Research Analyst * Goldman Sachs, Analyst * Credit Suisse, Investment Banking Analyst Goldman Sachs, Analyst - Investment Banking Credit Suisse, Investment Banking Analyst (6) * Goldman Sachs, First Year Analyst * Credit Suisse, Investment Banking and Capital Markets Analyst * Goldman Sachs, Fixed Income Analyst + Credit Suisse, M&A Analyst * Goldman Sachs, Investment Analyst * DBO Partners, Analyst (Investment Banking) ○ Goldman Sachs, Investment Banking Analyst (2) * Deloitte, Strategy & Operations Business Analyst * Employers continued on next page 17 CLASS OF 2020, THE WHARTON SCHOOL

* Multiple Concentrations Finance + College Dual Degree 344 responses ○ SEAS Dual Degree ^ Nursing Dual Degree First Destinations: Employers Goldman Sachs, Investment Banking Analyst (2) ○ Kohlberg Kravis & Roberts & Co. Inc. ("KKR"), Private Equity Goldman Sachs, Investment Banking Analyst (3) + Analyst * GRAPH Strategy, Associate ○ Kohlberg Kravis & Roberts & Co. Inc. ("KKR"), Real Estate Greenhill & Co, Investment Banking Analyst * Credit Analyst * Greystar, Development Analyst * KPMG LLP, Associate at Innovation Lab ○ Guggenheim Investments, Investment Analyst - Structured LionTree, Analyst * Credit + M. Klein & Company, Investment Banking Analyst * Guggenheim Partners, Equity Research Associate * Macquarie, Analyst * Guggenheim Partners, Investment Analyst Macquarie, Infrastructure & Energy Analyst * Guggenheim Partners, Investment Banking Analyst (3) * Magnetar Capital, Quantitative Analyst (Finance) ○ Guggenheim Partners, Restructuring Investment Banking Analyst * Man Numeric, Quantitative Research Analyst + Hilco Global, Analyst * Mastercard, Associate Consultant + Hooded Staff, Co-Founder and CEO * Mastercard, Product Manager ○ Houlihan Lokey, Analyst (Investment Banking) * McKinsey & Company, Business Analyst Houlihan Lokey, Analyst, Financial Restructuring Group * McKinsey & Company, Business Analyst (7) * Houlihan Lokey, Financial Analyst (2) * McKinsey & Company, Business Analyst (2) + Houlihan Lokey, Financial Restructuring Analyst * Merrill, Associate Financial Advisor Development Program * Howard Fischer Associates, Market Analyst * Merrill Edge, Financial Solutions Advisor * Indus Capital Partners, Research Analyst Microsoft, FRP Analyst * Insight Partners, Investment Analyst (3) * Millennium, Equities Junior Analyst * JBG SMITH, Financial Analyst * Millennium, Research Analyst Jefferies, LLC, Investment Banking Analyst (2) * Millennium Management LLC, Analyst * JPMorgan Chase & Co., Analyst (3) * Miller Buckfire, Investment Banking Analyst * JPMorgan Chase & Co., Analyst (Investment Banking) * Mito, Co-Founder JPMorgan Chase & Co., Business Analyst Mizuho, Investment Banking Analyst * JPMorgan Chase & Co., Equity Derivatives Trader * Moelis & Company, Investment Banking Analyst (4) * JPMorgan Chase & Co., Financial Analyst * Moelis & Company, Investment Banking Analyst + JPMorgan Chase & Co., IB Analyst Morgan Stanley, Analyst * JPMorgan Chase & Co., Investment Banking Analyst (11) * Morgan Stanley, Fixed Income Analyst + JPMorgan Chase & Co., Investment Banking Analyst ○ Morgan Stanley, Investment Banking Analyst JPMorgan Chase & Co., Investment Banking Analyst + Morgan Stanley, Investment Banking Analyst (10) * JPMorgan Chase & Co., Investment Research Analyst Morgan Stanley, Investment Banking Analyst (3) + JPMorgan Chase & Co., Leveraged Finance Analyst * Morgan Stanley, Technology Investment Banking Analyst * JPMorgan Chase & Co., Security Trading Analyst New Markets Support Company, Analyst + JPMorgan Chase & Co., Security Trading Analyst * Next Capital Management LLC, Analyst * JRK Property Holdings, Inc., Acquisitions Analyst * Nomura Securities, Global Markets Analyst + Kohlberg Kravis & Roberts & Co. Inc. ("KKR"), Investment Analyst * Employers continued on next page 18 CLASS OF 2020, THE WHARTON SCHOOL

* Multiple Concentrations Finance + College Dual Degree 344 responses ○ SEAS Dual Degree ^ Nursing Dual Degree First Destinations: Employers Oak Hill Advisors, L.P., Business Analyst + Rialto Capital, Analyst * Octagon Credit Investors, LLC, Analyst * Sawaya Partners, Investment Banking Analyst * Oliver Wyman, Business Consultant ○ Scope, Associate Product Manager ○ Oliver Wyman, Consultant Scotiabank, Investment Banking Analyst Orbit Partners, Associate * Silver Lake, Private Equity Analyst * Partners Group, Investment Analyst * Simon-Kucher & Partners, Consultant * PAYOU, Founder & CEO * Spectrum Equity, Investment Analyst + Peaceable Street Capital, Acquisition Analyst + Stifel Financial, Investment Banking Analyst (2) Pep Boys Auto, Assistant Store Manager * Stifel Financial, Investment Banking Analyst (3) * Perella Weinberg Partners, Analyst * Stone Point Capital, Investment Analyst * Perella Weinberg Partners, Investment Analyst * Strategy&, Strategy Consulting Associate * Perella Weinberg Partners, Investment Banking Analyst (2) * Susquehanna International Group (SIG), Quantitative Trader * PGIM Real Estate, Investment Analyst + T. Rowe Price, Associate Analyst * PIMCO, Account Analyst * TD Securities, Sales & Trading Analyst + PIMCO, Portfolio Analyst + The Davis Companies, Analyst, Acquisitions + PJ SOLOMON, Investment Banking Analyst (2) The Dedham Group, Analyst + PJT Partners, Analyst The Invus Group, Analyst * PJT Partners, Analyst * The Raine Group, Investment Banking Analyst * PJT Partners, Analyst + The Riverside Company, Private Equity Analyst * PJT Partners, Analyst (Investment Banking) Trillium Trading, Proprietary Trader * PJT Partners, Investment Banking Analyst * Uber, Strategic Finance Analyst * PJT Partners, Investment Banking Analyst ○ UBS, Analyst (Investment Banking) + Point72, Academy Analyst UBS, Investment Banking Analyst * Point72, Analyst * United States Army, 2LT * Point72, Data-Driven Research Analyst ○ University of Pennsylvania - Office of Investments, Analyst Point72, Investment Analyst + * PricewaterhouseCoopers (PwC), Technology Consultant + Vector Capital, Private Equity Analyst * Public Consulting Group, Contact Tracer Venture For America, Fellow * PulteGroup, Finance Analyst * W. P. Carey, Inc., Investment Analyst + Qatalyst Partners, Analyst * Warburg Pincus, Private Equity Analyst (3) * Rabobank Wholesale Banking North America, Investment Wealthfront, Inc., Backend Software Engineer ○ Banking Analyst * , Public Finance Investment Banking Analyst RBC Capital Markets, Institutional FX Sales Analyst ○ ZS Associates, Strategy Insights and Planning Associate

Continuing Education continued on next page

19 CLASS OF 2020, THE WHARTON SCHOOL Finance 344 responses

First Destinations: Graduate Schools & Continuing Education Programs Harvard University, Doctorate, Law ○ Massachusetts Institute of Technology, Master’s, Finance * Rice University, Master’s, Energy Economics Stanford University, Doctorate, Finance ○ Tsinghua University, Master’s, Global Affairs * University of California, San Diego, School of Global Policy & Strategy, Master’s, Chinese Economy and Political Affairs + University of Oxford, Master’s, Financial Economics + University of Pennsylvania, Master’s, Computer and Information Science (2) ○ Yale University, Doctorate, Law *

Program Fields 10 responses Degree Levels 10 responses

Business, 40% Master's, 70% Engineering, 20% Doctorate, 30% Law, 20% Social Science, 20%

20 CLASS OF 2020, THE WHARTON SCHOOL Health Care Management & Policy 28 responses

First Destinations: Employers Post-Graduation Outcomes Analysis Group, Inc., Analyst (Management Consulting) * Bank of America, Investment Banking Analyst * Full-Time Employment 92.9% Boston Consulting Group (BCG), Associate * Boston Consulting Group (BCG), Consulting Business Associate ^ Continuing Education 3.6% Capital One, Product Management and Analytics + Center for Global Development, Research Assistant ^ Clarion, Associate Consultant ^ Seeking Employment 3.6% ClearView Healthcare Partners, Analyst + Compass Lexecon, Analyst (Management Consulting) ^ Etcetera Bio + Evercore, Analyst * Industries 26 responses Goldman Sachs, Investment Banking Analyst ○ Holy Cross Health, Endoscopy Registered Nurse ^ Consulting, 42% IQVIA, Analyst * + Financial Services, 27% McKinsey & Company, Business Analyst + Healthcare, 8% McMaster-Carr, Management Trainee * Manufacturing - Other, 8% Morgan Stanley, Investment Banking Analyst * Education, 4% Penn Medicine, Research Specialist * Perfect Steel, Vice President, Sales * Engineering, 4% PJT Partners, Analyst + Government, 4% Putnam Associates, Associate Consultant Nonprofit, 4% Triage Consulting Group, Analyst * United States Army, 2LT * University of Pennsylvania - Perelman School of Medicine Lab of Dr. George Cotsarelis + * Multiple Concentrations ZS Associates + + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

First Destinations: Graduate Schools & Continuing Education Programs University of Oxford, Master’s, Financial Economics +

21 CLASS OF 2020, THE WHARTON SCHOOL Legal Studies & Business Ethics 28 responses

First Destinations: Employers Post-Graduation Outcomes Alvarez & Marsal, LLC, Private Equity Performance Improvement Analyst * Full-Time Employment 89.3% Applecart, Politics & Advocacy Analyst * Bain & Company, Associate Consultant * Seeking Employment 7.1% Bank of America, Investment Banking Analyst Barclays, Investment Banking Analyst (2) * Compass Lexecon, Consultant + Continuing Education 3.6% Cowen, Investment Banking Analyst (Healthcare) * Double A Labs, Jr. Culture Curator * Five Elms Capital, Financial Analyst * Jefferies, LLC, Investment Banking Analyst * JPMorgan Chase & Co., Analyst * Macquarie, Analyst * Industries 24 responses Mastercard, Associate Consultant + Merrill Edge, Financial Solutions Advisor * Financial Services, 58% Morgan Stanley, Investment Banking Analyst + Consulting, 21% Mu Sigma Business Solutions LLC, Junior Associate Next Capital Management LLC, Analyst * Technology, 13% Octagon Credit Investors, LLC, Analyst * Consumer Products, 4% Steelcase, Inc., Corporate Strategy Analyst * Other, 4% Susquehanna International Group (SIG), Buyside Equity Research Analyst The Raine Group, Investment Banking Analyst * Triage Consulting Group, Analyst * Vector Capital, Private Equity Analyst * * Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

First Destinations: Graduate Schools & Continuing Education Programs University of Oxford, Master’s, Financial Economics +

22 CLASS OF 2020, THE WHARTON SCHOOL Management 138 responses

First Destinations: Employers Post-Graduation Outcomes AArete, Analyst * Accenture, Strategy Analyst * Full-Time Employment 93.5% Accenture, Strategy Analyst + Activate Consulting, Business Analyst * Continuing Education 3.6% Aetna and CVS Health, GMDP Associate * AIG, Investment Analyst * Seeking Employment 2.2% Aldrich Capital Partners, Investment Analyst Alvarez & Marsal, LLC, Analyst, Private Equity Services * Military 0.7% Alvarez & Marsal, LLC, Private Equity Performance Improvement Analyst * Amazon, Financial Analyst + Industries 127 responses Apple, PM Intern ○ Bain & Company, Associate Consultant (5) * Bain & Company, Associate Consultant (2) + Financial Services, 39% Bank of America, Analyst * Consulting, 33% Bank of America, Investment Banking Analyst * Technology, 11% Barclays, Analyst * BlackRock, Analyst in Investor Relations for Foundations and Endowments * Consumer Products, 3% BlackRock, Corporate Strategy and Development Analyst * Media/Journalism/Entertainment, 2% Blackstone, Analyst * Insurance, 2% Bloomingdale's, Merchandise Planner * Boston Consulting Group (BCG), Associate (5) * Manufacturing - Other, 2% Boston Consulting Group (BCG), Associate ○ Nonprofit, 2% Boston Consulting Group (BCG), Associate Consultant Real Estate/Construction, 2% Boston Consulting Group (BCG), Associate Consultant * Boston Consulting Group (BCG), Consulting Business Associate (2) * Retail/Wholesale, 2% Boston Consulting Group (BCG), Consulting Business Associate + Automotive, 1% Cantor Fitzgerald, Investment Banking Summer Analyst ○ Electronics/Robotics, 1% Capital Group, Associate Financial Analyst * Capital One, Analyst in Analyst Development Program ○ Energy/Natural Resources/Utilities, 1% Capital One, Business Analyst * Marketing/Advertising/Public Relations, 1% Capital One, Business Analyst ○ Sports/Hospitality/Food Service, 1% Centerview Partners, Investment Banking Analyst * Citi, Markets Analyst * Citi, Technology Analyst * * Multiple Concentrations Credit Suisse, Analyst * + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree Employers continued on next page 23 CLASS OF 2020, THE WHARTON SCHOOL

Management * Multiple Concentrations 138 responses + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree First Destinations: Employers Credit Suisse, Investment Banking and Capital Markets Analyst * Morgan Stanley, Real Estate Investing Analyst * Digivalet Inc. * Morgan Stanley, Technology Investment Banking Analyst * Evercore, Investment Banking Analyst * MUFG, Corporate Derivatives Sales Analyst * EY-Parthenon, M&A Strategy Consultant * Nuro, Software Engineer ○ Facebook, Software Engineer ○ Oak Hill Advisors, L.P., Business Analyst + Financo, Analyst + Oliver Healthcare Packaging, Pricing Analyst * Financo, Investment Banking Analyst * Oliver Wyman, Business Consultant ○ General Atlantic, Analyst * Oliver Wyman, Consultant + Goldman Sachs, Investment Banking Analyst * Oliver Wyman, Summer Consultant + Goldman Sachs, Investment Banking Analyst + Palantir Technologies, Forward Deployed Engineer ○ Google, Inc., Associate Account Strategist Palantir Technologies, Forward-Deployed Software Engineer ○ Google, Inc., Associate Account Strategist * Palo Alto Networks, Product Management Academy - PMA ○ Guggenheim Partners, Investment Banking Analyst * Partners Group, Investment Analyst * Hilco Global, Analyst * PepsiCo, Marketing Analyst * Independent Feature Film, Associate Producer * Petroliam Nasional Berhad (Petronas), Entry Level Position * Insight Partners, Investment Analyst (3) * PIMCO, Account Analyst * Insight Partners, Investor Point72, Investment Analyst + JPMorgan Chase & Co., Analyst * PricewaterhouseCoopers (PwC), Advisory Tech Consultant * JPMorgan Chase & Co., Investment Banking Analyst + PricewaterhouseCoopers (PwC), Associate Consultant * Kearney, Business Analyst * PricewaterhouseCoopers (PwC), Technology Consultant + Kraft Heinz, Marketing Trainee * Prudential Financial, Project Management Analyst L.E.K. Consulting, Associate * PulteGroup, Finance Analyst * Linkedin Corporation, Business Analyst * PwC - Strategy&, Associate * Linkedin Corporation, Full-Stack Software Engineer ○ PwC - Strategy&, Business Analyst Macquarie, Equity Analyst Queue Solutions LLC, CEO ○ McKinsey & Company, Business Analyst (2) Ranger Excavating, Health Officer McKinsey & Company, Business Analyst (3) * Rock Central, Research Analyst McMaster-Carr, Management Trainee * Sard Verbinnen & Co, Junior Associate + Merrill, Associate Financial Advisor Development Program * Steelcase, Inc., Corporate Strategy Analyst * Microsoft, Product Manager (2) ○ Stifel Financial, Investment Banking Analyst * Microsoft, Product Marketing Manager * Surana Brothers, Product Manager * Misfits Market, Product Manager, Operations Susquehanna International Group (SIG), Quantitative Trader * Morgan Stanley, Investment Banking Analyst (2) * Sym, Product Manager ○

Employers continued on next page

24 CLASS OF 2020, THE WHARTON SCHOOL Management 138 responses

First Destinations: Employers

T. Rowe Price, Associate Analyst * * Multiple Concentrations The Good Startup, Founder * + College Dual Degree The Heron Foundation, Associate * ○ SEAS Dual Degree The Invus Group, Analyst * ^ Nursing Dual Degree The Walt Disney Company, Analyst Trillium Trading, Proprietary Trader * Venture For America, Fellow * Warburg Pincus, Private Equity Analyst *

First Destinations: Graduate Schools & Continuing Education Programs UCSF - UC Hastings Consortium, Master’s * University of Georgia, Doctorate, Law University of Pennsylvania, Master’s, Computer Information Science ○ University of Pennsylvania, Master’s, Robotics ○ Yale University, Doctorate, Law *

Program Fields Degree Levels 5 responses 4 responses Engineering, 50% Masters, 60%

Law, 50% Doctorate, 40%

25 CLASS OF 2020, THE WHARTON SCHOOL Marketing * Multiple Concentrations + College Dual Degree 60 responses ○ SEAS Dual Degree ^ Nursing Dual Degree

First Destinations: Employers Post-Graduation Outcomes Accenture, Analyst (Management Consulting) * Activate Consulting, Business Analyst * Full-Time Employment 90.0% Amazon, Vendor Manager ○ American Express, Analyst * Seeking Employment 5.0% AQR Capital Management, Analyst ○ Bain & Company, Associate Consultant (4) * Part-Time Employment 3.3% Bank of America, Investment Banking Analyst ○ Bank of America, Sales and Trading Analyst * Volunteering 1.7% Bloomingdale's, Merchandise Planner * Boston Consulting Group (BCG), Associate Consultant * Boston Consulting Group (BCG), Consulting Business Associate ^ Capital One, Business Analyst * Industries 53 responses Capital One, Strategy Associate * Consulting, 34% CariClub, Product Manager ClearView Healthcare Partners, Analyst Financial Services, 28% Deloitte, Human Capital Business Analyst * Technology, 17% Double A Labs, Jr. Culture Curator * Consumer Products, 6% Equitable Advisors (formerly, AXA Advisors, LLC), Financial Consultant * EY, Strategy and Operations Consultant * Retail/Wholesale, 6% Facebook, Marketing Science Analyst * Marketing/Advertising/Public Relations, 4% GEP, Associate Consultant * Insurance, 2% Goldberg, Miller and Rubin, Operations Assistant Google, Inc., Associate Product Marketing Manager Legal Services, 2% Guggenheim Partners, Equity Research Associate * Media/Journalism/Entertainment, 2% Guidehouse, Consultant + Howard Fischer Associates, Market Analyst * Insurify, Growth Marketing Analyst McKinsey & Company, Business Analyst (2) * JPMorgan Chase & Co. * Microsoft, Product Marketing Manager + JPMorgan Chase & Co., Analyst * Morgan Stanley, Analyst * JPMorgan Chase & Co., Investment Banking Analyst * National Research Group, Inc., Market Research Analyst * Kearney, Business Analyst * NION Marketing, Founder * Kraft Heinz, Marketing Trainee * Orbit Partners, Associate * Linkedin Corporation, Business Analyst * PepsiCo, Associate Marketing Analyst * Lunar Solar Group, Growth Analyst * PepsiCo, Marketing Analyst * Macy's, Inc., Executive Development Program * PwC - Strategy&, Associate * Macy's, Inc., Marketing EDP * Stifel Financial, Investment Banking Analyst * Mastercard, Associate Product Manager + Truist, Private Wealth Management Associate Mastercard, Consultant *

26 CLASS OF 2020, THE WHARTON SCHOOL Marketing & Operations Management 19 responses

First Destinations: Employers Post-Graduation Outcomes Accenture, Associate Consultant + Accenture, Strategy Analyst (2) * Full-Time Employment 94.7% Adobe Systems, Digital Strategy Analyst * AirCampus, President * Berkeley Research Group, Corporate Finance Associate Seeking Employment 5.3% Boston Consulting Group (BCG), AI Software Engineer ○ JPMorgan Chase & Co., Equity Derivatives Trader * JPMorgan Chase & Co., Security Trading Analyst * Mastercard, Associate Consultant * McKinsey & Company, Business Analyst * Microsoft, MSUS Product Marketing Manager + Microsoft, Product Manager ○ Microsoft, Product Marketing Manager + Industries 17 responses Oliver Healthcare Packaging, Pricing Analyst * PricewaterhouseCoopers (PwC), Associate Consultant * Consulting, 41% The Good Startup, Founder * Technology, 35%

Financial Services, 12% Manufacturing - Other, 6%

* Multiple Concentrations Media/Journalism/Entertainment, 6% + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

27 CLASS OF 2020, THE WHARTON SCHOOL Operations, Information & Decisions 60 responses

First Destinations: Employers Post-Graduation Outcomes AArete, Analyst * Accenture, Strategy Analyst * Full-Time Employment 91.7% Amazon, Vendor Manager ○ American Express, Financial Analyst Continuing Education 5.0% Bain & Company, Associate Consultant (4) * Barclays, Investment Banking Analyst * BlackRock, Analyst in Investor Relations for Foundations and Seeking Employment 3.3% Endowments * BlackRock, Corporate Strategy and Development Analyst * Boston Consulting Group (BCG), Associate * Boston Consulting Group (BCG), Associate ○ Industries Centerview Partners, Investment Banking Analyst * 54 responses Credit Suisse, Investment Banking Analyst * Financial Services, 43% Evercore, Analyst * EY, Associate Consultant * Consulting, 28% Facebook, Software Engineer ○ Technology, 13% Goldman Sachs, Digital Product Management * Marketing/Advertising/Public Relations, 4% Goldman Sachs, Investment Management Analyst Google, Inc., Associate Account Strategist + Consumer Products, 2% Independent Feature Film, Associate Producer * Education, 2% Insight Partners, Investment Analyst * Government, 2% IQVIA, Analyst * Jefferies, LLC, Investment Banking Analyst * Manufacturing - Other, 2% JPMorgan Chase & Co. * Media/Journalism/Entertainment, 2% JPMorgan Chase & Co., Analyst * Retail/Wholesale, 2% JPMorgan Chase & Co., Analyst ○ JPMorgan Chase & Co., Financial Analyst * Sports/Hospitality/Food Service, 2% JPMorgan Chase & Co., Investment Banking Analyst * L.E.K. Consulting, Associate * La Colombe Coffee Roasters, National Account Manager + Lyft, Associate Product Manager ○ * Multiple Concentrations Macy's, Inc., Marketing EDP * + College Dual Degree McKinsey & Company, Business Analyst (3) * ○ SEAS Dual Degree McMaster-Carr, Management Trainee * ^ Nursing Dual Degree Moelis & Company, Investment Banking Analyst * Moody's Corporation, Strategy & Innovation Analyst + Morgan Stanley, Investment Banking Analyst * Employers continued on next page

28 CLASS OF 2020, THE WHARTON SCHOOL Operations, Information & Decisions 60 responses

First Destinations: Employers

Oliver Wyman, Consultant + * Multiple Concentrations Ought, Business Operations Analyst + + College Dual Degree Perella Weinberg Partners, Investment Banking Analyst * ○ SEAS Dual Degree Point72, Investment Analyst + ^ Nursing Dual Degree Silversmith Capital Partners, Growth Equity Investor + Singapore Economic Development Board, Associate * Sprout Social, Inc., Sales Operations Analyst * Surana Brothers, Product Manager * The Riverside Company, Private Equity Analyst * University of Pennsylvania - Penn Wharton Entrepreneurship Venture Lab, Communications Coordinator Wayfair, Associate Product Manager * Wealthfront, Software Engineer ○ WHP Global, Corporate Development Analyst

First Destinations: Graduate Schools & Continuing Education Programs University College London (UCL), Master’s, Environment, Politics, Society + University of California, Berkeley, Master’s University of Pennsylvania, Master’s, Computer and Information Science ○

Program Fields 2 responses Engineering, 50% Social Science, 50%

29 CLASS OF 2020, THE WHARTON SCHOOL Real Estate 24 responses

First Destinations: Employers Post-Graduation Outcomes Aetna and CVS Health, GMDP Associate * Aksia, Investment Research Analyst * Full-Time Employment 91.7% Ares Management Corporation, Private Equity Analyst ○ Blackstone, Real Estate Acquisitions Analyst * Credit Suisse, Investment Banking Analyst (2) * Seeking Employment 8.3% England & Company, Investment Banking Analyst * Goldman Sachs, First Year Analyst * Goldman Sachs, Investment Analyst * Greystar, Development Analyst * Hooded Staff, Co-Founder and CEO * Houlihan Lokey, Analyst (Investment Banking) * JBG SMITH, Development Analyst * Industries 21 responses JBG SMITH, Financial Analyst * JPMorgan Chase & Co., Analyst * Financial Services, 57% JRK Property Holdings, Inc., Acquisitions Analyst * Real Estate/Construction, 24% Kohlberg Kravis & Roberts & Co. Inc. ("KKR"), Real Estate Credit Analyst * Consulting, 5% Morgan Stanley, Real Estate Investing Analyst * Perfect Steel, Vice President, Sales * Insurance, 5% PGIM Real Estate, Investment Analyst + Manufacturing - Other, 5% Rialto Capital, Analyst * Retail/Wholesale, 5%

* Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

30 CLASS OF 2020, THE WHARTON SCHOOL Statistics 80 responses

First Destinations: Employers Post-Graduation Outcomes 4D Molecular Therapeutics + AllianceBernstein, Research Associate * Full-Time Employment 93.8% Anchorage Capital Group, Analyst * AQR Capital Management, Quantitative Research Analyst Continuing Education 2.5% Atlassian, Software Engineer Bain & Company, Associate Consultant Part-Time Employment 2.5% Bain & Company, Associate Consultant (2) * Bain & Company, Associate Consultant + Seeking Employment 1.3% Blackstone, Analyst ○ Bloomberg, Software Engineer + Boston Consulting Group (BCG), Associate Boston Consulting Group (BCG), Associate * Boston Consulting Group (BCG), Consulting Business Associate + Industries 73 responses Bridgewater Associates, Investment Engineer (2) ○ Capital One, Business Analyst * Financial Services, 53% Centerview Partners, Investment Banker * Consulting, 22% Citadel Securities, Commodities Analyst * Citadel Securities, Options Trader * Technology, 12% Citadel Securities, Software Engineer ○ Nonprofit, 3% Citadel Securities, Trader * Pharmaceuticals/Biotechnology, 3% Citi, Analyst * Citi, Sales and Trading Analyst * Education, 1% ClearView Healthcare Partners, Analyst + Government, 1% Compass Lexecon, Analyst (Management Consulting) ^ Insurance, 1% COMPASS Pathways + Cornerstone Research, Economic Research Analyst * Marketing/Advertising/Public Relations, 1% Crescent Point, Analyst + Media/Journalism/Entertainment, 1% Evercore, Restructuring Analyst * Evercore, Tech Advisory - M&A * Facebook, Marketing Science Analyst * * Multiple Concentrations Facebook, Software Engineer + College Dual Degree Facebook, Software Engineer (2) ○ ○ SEAS Dual Degree Flow Traders, Trader * ^ Nursing Dual Degree Foundry.ai / Predion.ai, Data Scientist ○ GEP, Associate Consultant * Goldman Sachs, Investment Banking Analyst *

Employers continued on next page 31 CLASS OF 2020, THE WHARTON SCHOOL Statistics 80 responses

First Destinations: Employers Guggenheim Partners, Investment Banking Analyst * Pete For America, Digital Paid Media Associate Guggenheim Partners, Restructuring Investment Banking Analyst * Qatalyst Partners, Analyst * Houlihan Lokey, Financial Analyst * Robinhood, Data Analyst JPMorgan Chase & Co., Analyst (2) * Sethi Clarity Advisers, Quantitative Research Analyst JPMorgan Chase & Co., Analyst (Investment Banking) * Silver Lake, Private Equity Analyst * JPMorgan Chase & Co., Investment Banking Analyst (4) * Sinai Ventures, Business Analyst Mastercard, Associate Consultant * Singapore Economic Development Board, Associate * McKinsey & Company, Business Analyst Sprout Social, Inc., Sales Operations Analyst * McKinsey & Company, Business Analyst * The D. E. Shaw Group, Security Trading Analyst + McKinsey & Company, Business Analyst ○ The Walt Disney Company, Corporate Finance Analyst McKinsey & Company, Risk Advanced Analytics Fellow * Third Point Reinsurance (USA) Ltd., Actuarial Analyst * Moelis & Company, Investment Banking Analyst * University of Pennsylvania - Office of Investments, Morgan Stanley, Fixed Income Analyst + Analyst * Morgan Stanley, Investment Banking Analyst * Venture For America, Fellow * Nomura Securities, Global Markets Analyst + Zynga, Rotational Product Manager Perella Weinberg Partners, Investment Analyst *

* Multiple Concentrations + College Dual Degree ○ SEAS Dual Degree ^ Nursing Dual Degree

First Destinations: Graduate Schools & Continuing Education Programs Massachusetts Institute of Technology, Master’s, Finance * Tsinghua University, Master’s, Global Affairs *

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