FULL-TIME MBA Employment Overview 2018–19

Full-Time Employment Salary STUDENT ASSESSMENT Average Salary $120,382 per YEAR OF CAREER SERVICES Median Salary $125,000 per YEAR # — The Economist 2018 7 Internship Stats Average Salary $7,739 per MONTH Median Salary $8,000 per MONTH Internship Rate 100%

EMPLOYMENT by FUNCTION 2,010 25% Consulting ON-CAMPUS INTERVIEWS ANNUALLY 23% General Management 19% Finance 18% Marketing 9% Operations 3% Other ALUMNI ASSESSMENT 3% Technology OF CAREER SERVICES # — Financial Times 2018 EMPLOYMENT by INDUSTRY 32% Technology 11 23% Consulting 12% Healthcare 11% Finance 9% Other 6% Manufacturing 5% Consumer Packaged Goods % 2% Media & Entertainment 92RECEIVED OFFERS BY 3 MONTHS EMPLOYMENT by GEOGRAPHY AFTER GRADUATION 28% 13%

27%

11%

8% 8%

5%

tepper.cmu.edu/mbacareers CONSULTING/STRATEGY 2018–19

Mean Salary Compensation by FUNCTION % Accepted Mean

CONSULTING 25.4% $134,533 Consulting: 23.7% $136,198 Management Strategy $134,533 Consulting: Internal 1.7% N/A Consulting Electives

• Consulting and Conflict Resolution • Corporate Financial Reporting TOP RECRUITERS • Customer-Driven Strategies and Services • PricewaterhouseCoopers • Managing Intellectual Capital and Knowledge-Intensive Businesses • Deloitte • Negotiations • KPMG • McKinsey & Company • New Product Management • Boston Consulting Group • Organizational Change 5 • Presenting Competitively • Pricing Strategy PROFESSIONAL and SOCIAL + STUDENT MBA CLUBS • Risk Analysis 40 • Strategic Corporate Management Consulting Club • Technology Strategy Business and Technology Club

The Consulting Club is the largest MBA club Graduate Finance Association and alongside the MCC delivers an extensive series Marketing Club of events for students interested in careers with Operations Management Club consulting firms or corporate strategy groups.

These employment statistics conform to the MBA Career Service & Employers Alliance (MBA CSEA) Standards for Reporting Employment Statistics.

tepper.cmu.edu/mbacareers ENTREPRENEURSHIP 2018–19

Swartz Center for Entrepreneurship NEW COMPANIES The campus hub for entrepreneurship is LAUNCH ANNUALLY the Swartz Center for Entrepreneurship, 15-30 which partners with MBAs on business plans, venture capital and startup market entry. Carnegie Mellon professors and students launch an average of 15–30 new companies annually. A few you may know: Carnegie Mellon’s innovation spurs economic growth and has helped to launch more than 300 • Aquion Energy • ModCloth companies and 9,000 jobs in the past 15 years. • Avere Systems • mSpoke • BlackLocus • PayTango • CardMunch • Perfect Pushup • Carnegie Learning • PittPatt • DuoLingo • Plextronics 300 9,000 • Dynamics • ReCaptcha COMPANIES JOBS • FORE System • Resumator • IndexTank • Shutterfly • Lumator • Spinnaker Networks • Lycos • Vivisimo Entrepreneurship Electives • NoWait • 4Moms

• Commercialization and Innovation Workshop • The Science of Growth PROFESSIONAL and SOCIAL + STUDENT MBA CLUBS • Contracts 40 Entrepreneurial Alternatives • Entrepreneurship and Venture Capital Club • Lean Entrepreneurship Biopharma Healthcare Club • Funding Early Stage Ventures Business and Technology Club • Gaining Advantage Through Sales Graduate Finance Club • Marketing for Entrepreneurs Marketing Club Operations Management Club

tepper.cmu.edu/mbacareers FINANCE 2018–19

Mean Salary Compensation by FUNCTION % Accepted Mean

FINANCE 19.1% $113,897 Corporate (Analysis/Treasury) 8.1% $109,058 Investment Banking 3.5% $129,167 $113,897 Other 2.9% $110,500 Asset Management 1.7% N/A Finance Electives Analytics 1.2% N/A • Corporate Finance Accounting .6% N/A Research .6% N/A • Corporate Restructuring Risk Management .6% N/A • Debt Markets • Energy Finance • Fixed Income Investment • International Finance TOP RECRUITERS • Optimization Methods in Finance • Cigna • Options • Amazon • Venture Capital and Private Equity • Target

• Deutsche Bank The finance coursework is designed for the lifetime of your career—Tepper MBA alumni are • Google Inc. 5 well-represented in senior financial positions at investment banks and Fortune 50 corporate finance groups and FinTech. + PROFESSIONAL and SOCIAL 40 STUDENT MBA CLUBS Graduate Finance Association Alpha Asset Management Club Entrepreneurship and Venture Capital Club

These employment statistics conform to the MBA Career Service & Employers Alliance (MBA CSEA) Standards for Reporting Employment Statistics.

tepper.cmu.edu/mbacareers MARKETING 2018–19

Mean Salary Compensation by FUNCTION % Accepted Mean

MARKETING/SALES 17.9% $111,810 Product/Industrial (B2B) 9.3% $112,679 Brand 4.6% $117,537 $111,810 Research/Analytics 2.3% $101,000 Sales 1.7% N/A Marketing Electives

• Branding • Consumer Behavior TOP RECRUITERS • Customer Driven Strategies and Services • Amazon • Marketing Communications and Buyer Behavior • Verizon Communications • Proctor & Gamble • Marketing Research • Philips Healthcare • Marketing with Social Media • Adobe Systems • New Product Management 5 • Interactive Marketing • Pricing Strategy PROFESSIONAL and SOCIAL + STUDENT MBA CLUBS • Technology Strategy 40

More than 90% of MBAs pursuing marketing Marketing Club careers work in product management, brand Biopharma Healthcare Club management or marketing leadership Business and Technology Club development programs following graduation. Organizational Leadership Club

These employment statistics conform to the MBA Career Service & Employers Alliance (MBA CSEA) Standards for Reporting Employment Statistics.

tepper.cmu.edu/mbacareers OPERATIONS 2018–19

Mean Salary Compensation by FUNCTION % Accepted Mean

OPERATIONS 8.7% $122,333 MANAGEMENT/LOGISTICS Operations Management 2.3% $121,250 $122,333 Supply Chain 4.1% $120,700 Management/Logistics Operations Electives Purchasing 1.7% N/A

• Demand Management and Price Optimization • Operations Strategy TOP RECRUITERS • Real Options • Amazon • Risk Management • Apple • Service Management • Johnson & Johnson • Six Sigma Tools and Techniques • Microsoft • Strategy, Performance Measurement • Target and Corporate Governance 5 • Supply Chain Management • Sustainable Operations + PROFESSIONAL and SOCIAL 40 STUDENT MBA CLUBS The Operations Management Club hosts one of the longest-standing international operations Operations Management Club case competitions in the U.S., dating back approximately three decades. Biopharma Healthcare Club Business and Technology Club Consulting Club Energy Club

These employment statistics conform to the MBA Career Service & Employers Alliance (MBA CSEA) Standards for Reporting Employment Statistics.

tepper.cmu.edu/mbacareers For a full list of MBA recruiting partners RECRUITING PARTNERS visit tepper.cmu.edu/mbacareers

20/20 Capital Group Electronics for Imaging, Inc. MGM Resorts International A.T. Kearney Eli Lilly & Company Microsoft Corporation Abbott Emerson Monitor Deloitte China Accenture Envision Business Consulting Morgan Stanley Adobe Systems Evoqua Water Technologies Mozilla Alcoa Expedia Inc. Nations Reliable Lending Alexander Group Express Scripts New York Presbyterian Hospital AlixPartners ExxonMobil Corporation NextEra Energy Allegheny Health Network Federal Reserve Bank of Chicago NFL Alliantgroup LP. Federal Reserve Bank of New York Nomura Securities Co., LTD Allstate Corp. FedEx Services Numo Alpha Square Group Fidelity Investments NVIDIA Altman Vilandrie & Company Finnea Group Pfizer, Inc. Amazon, Inc. Fiserv Philips American Airlines Fitbit Philips Healthcare American Express Fluke Calibration Philips Respironics, Inc. Amundi Asset Management Ford Motor Company Pitchbook ANSYS, Inc. Gap Inc. PNC Financial Services APG Asset Management Gartner Group PNC Riverarch Capital Apple Gates Corporation PPG Industries, Inc. Arconic Genentech Inc. PricewaterhouseCoopers (PwC) AstraZeneca Pharmaceuticals General Mills Principal Financial Group AT&T General Motors Procter & Gamble Atlas Development Corp Generational Transfer Entrepreneurs Propeller ATRP Solutions Inc. Georgia Pacific Putnam Investment Management Audia Group Girls on the Run, International Quartzy Bain & Company GlaxoSmithKline Quest Diagnostics Inc. Bayer Google Inc. Quizlet Inc. BB&T Capital Markets GoPro Rio Tinto Minerals Bed Bath and Beyond Gordon Pointe Management Robert Bosch Corporation Berkery Noyes Green Hills Software Robindale Energy Biogen Idec Inc. Guggenheim Securities RoBotany Blackline HC Capital S&P Global Bloom Energy Hewlett-Packard Inc. Salesforce.com Blue Matter Consulting Highmark Health Solutions Securonix Blue Origin HistoWiz SeventySix Capital BNP Paribas Honeywell Slalom Consulting Bombardier Horizon Pharma Sling Media Boston Consulting Group, The (BCG) Houlihan Lokey Howard & Zukin SpaceX Bristol-Myers Squibb Humana Inc. Staples Cardinal Bridge, LLC IBM Corp. Strategic Advisors Cardinal Health IBM Digital Strategy Target Corporation Careform Ichor System TATA Consultancy Services Chattem/Sanofi Identify3D Temasek Holdings CIGNA IGPI Tesla Motors Cisco Systems, Inc. Illumina The Chartis Group Citi Indigo Agriculture The Hershey Company Citigroup Inc. Innovate Systems Inc. The Hertz Corporation Clark Hill PLC Inspiring Capital Thermo Fisher Scientific Cloudenablers Inc “International Finance Corporation (IFC)- Thomson Reuters Cloverdale Capital Management The World Bank Group” T-Mobile Cognizant Technology Solutions Intuit Inc. TriNet Colgate-Palmolive Company J. P. Morgan Securities, Inc. Uber Comcast Corp. Jama Software Ubisoft Entertainment Cornerstone Research January UGI Corporation Corning Incorporated Jefferies & Co. Union Pacific Corporation Corning Optical Communications Johnson & Johnson United Technologies CrossChx JPMorgan Chase & Co. UPMC Enterprises Ctrip Juniper Networks Veloce Therapeutics, Black Beret Life CubeRover Kennametal, Inc. Sciences CVS Caremark Corp. KPMG Veritas Technologies, LLC. CVS Health L.E.K. Consulting (Global Focus) Verizon Communications Danaher Corp. L3 Technologies Virgin Orbit DaVita Inc. Lancaster Pollard Visa Inc. Dell Inc. LDV Capital VMware Inc. Deloitte Lenovo Wal-Mart Stores, Inc. Deutsche Bank AG Liberty Mutual Walmart.com DICK’S Sporting Goods Lifecare Health Partners Warner Brothers Didi Chuxing Lilly Wayfair Dimensional Fund Advisors Lockheed Martin Corp. Wells Fargo Discover Financial Services L’Oreal Western Digital DISH Network Los Alamos National Laboratory Wipro Technologies Disney Lowe’s Yelp Dow Chemical Company (The) M&T Bank Corporation ZeniMax Media Inc. E. & J. Gallo Winery McKesson Corporation Zillow Eaton Corporation McKinsey & Company ZS Associates Education Pioneers Merck & Company Electronic Arts MetLife Inc.

* The Recruiting Partners list is comprised of companies that have made offers to our students and/or have participated in recruiting events.