2019 Annual Report

Undergraduate Student Outcomes table of contents

Message from the Director 1

Survey Participation 2

Class of 2019 - Employment Status 3

Starr - Career Counseling Activity 4

Starr - Recruiting Activity 5

Class of 2019 - Starr Search Activity 6

Class of 2019 - Online Job Applications 7

Class of 2019 - Event Attendance 8

Class of 2019 - Career Counseling Activity 9

Class of 2019 - Internship Activity 10

Class of 2019 - Employed vs. Unemployed 11

Top Employers 12

Compensation by School and Trends 14 Message from the director

Over the past year, The Starr Career Development Center revised its mission and embarked on a process of integrating the National Association of Colleges and Employers’ Career Readiness Competencies into all aspects of our services/work. This year also saw numerous changes and trends on both the national and Baruch specific level. In particular, The Starr Career Development Center (Starr) increased its role as a conduit to connect employers with students via clubs and organizations. Employers increased student engagement through more off campus events and virtual information sessions. As a result of these Ellen Stein - Director changes and the relatively strong economy (through 2019), it is likely students may have used multiple sources, in addition to Starr, to find employment opportunities. It is also likely that these more direct channels of communication between employers and clubs/professional association conferences may have resulted in students and employers being less likely to report job/internship outcomes back to career services.

Nonetheless, student and employer activity on campus remained strong. We are grateful to the many employers, donors, faculty, staff, alumni and volunteers that enable us to provide the top-notch services that students and administration have come to expect. Starr could not do what we do without the longstanding support of the Starr Foundation, Joel and Lillian Cohen, George Fina, the Baruch College Fund, and many dedicated alumni. Starr gratefully acknowledges the generosity of the following alumni and employer sponsors for supporting our leadership programs: MUFG, the David Shulman Family Charitable Foundation, Max Berger, Christine Li-Au Yeung and Raymond Au Yeung, Darren Smith, Jack Kong, Chiyan Mui, and others. In addition, we are appreciative of the many alumni that have given of their time to mentor, coach, recruit and support our students.

Starr is also proud to have The CUNY Career Success Initiative grant for the Bridge to Baruch Program (B2B), renewed. This program enables transfer students to become Career Ready prior to their first day of classes on campus. The B2B team is honored to have received two best practices awards from the Career Services Association of New York for Campus Collaborations and Technology. Starr presented B2B at the first virtual National Career Development Association Global Conference.

In addition to the Max Berger Pre-Law Internship Stipend and the Wendy Heyman Public Interest Fellowship Stipend, Starr is proud to have launched a third stipend program to help students supplement the cost of taking on an internship. This new stipend is the Sydney and Laura Gilbert Award, which is designed to help ensure that students have the resources they need to take on an unpaid or underpaid internship.

These initiatives, along with our student leadership programs, regular offerings to students, and numerous employer, alumni and volunteer engagements, help provide students with the knowledge, guidance, training, networking, and opportunities to successfully launch their careers.

01 Taking advantage of Baruch’s invaluable resources, including the Financial Leadership Program, the Rising Starr Sophomore Program, and the Investment Management Group, has been critical in developing and preparing myself for a career and life beyond Baruch.

Paul Menestrier Global Markets Analyst, Societe Generale

Survey Participation

3,772 students graduating 54% overall knowledge rate

2,017 reported outcomes June - December 2019 survey range 45% male respondents 54% female respondents

Graduating students are surveyed at the point of graduation and up to 6 months after graduation. Data are included from a variety of additional sources such as faculty, staff, employers and our online job search system, Starr Search. A total of 3,772 students graduated in 2019. Outcomes are known for 2,017 of those students.

02 Class of 2019 - Employment Status

11% 80% 18% 4%

Graduate School Employed/Graduate School Still Searching Not Seeking Employment

230 students plan to attend 1,618 out of 2,017 surveyed 373 out of 2,017 surveyed 89 students are not looking graduate school. Some are students from the class of students from the class of for a job. Reasons include already employed while others 2019 are either employed or 2019 are still searching for traveling, starting own business are still searching for attending graduate school. employment and not attending or attending graduate school. employment. graduate school.

5-Year Trend The chart below represents students reporting being employed and/or attending graduate school at up to six months after graduation. The data include all position types reported, not just full time positions. Some of the graduate school students planned to attend are: Baruch College, Columbia University, Fordham University, Cornell University, Notre Dame University, Vanderbilt University, University of Pennsylvania, Emory University, George Washington University, Boston University, New York University and University of Michigan.

%100

83% 84% 82% 80% %80 76%

%100%60

%40

%20 2015 2016 20172019 2018 2019

03 Career Counseling Activity

In-Person Activity Online activities relate to our online career management system, Starr Search. Students can apply for jobs, schedule appointments and sign up for OCR interviews. These activities cover all students who interacted with the Starr Career Development Center, including the class of 2019.

Activity Amount

Career Consultations 3,972

Vocational Tests 746

Resume Reviews 3,194 Mock Interviews 118

Unique Student Office Visits 2,754

Student Office Visits 5,835

Students Attending Career Fairs 2,580 Events Posted 475

Students Signed up for Events 10,237 Reporting Range: July 2018 - June 2019

Online Activity In-person activities include career consultations, walk in appointments, event attendance and mock interviews. These activities cover all students who interacted with the center, including the class of 2019.

Activity Amount

New Employer Accounts 1,359

Internships Posted Online 3,102

Jobs Posted Online 5,631

Student Logins 254,882

Discrete Student Users Who Logged In 11,950

Applications Submitted Online 131,140 On-Campus Interviews 903

Reporting Range: July 2018 - June 2019

04 Recruiting Activity

OCR Over 58 companies came to campus to recruit students in 2018-2019. A few of these companies are highlighted below.

Job Posting Trends

As numbers of postings seem to decline, the Starr team has observed national trends of employers gaining increased access to students through campus clubs, LinkedIn and organizations as well as national conferences. It is therefore, not surprising that employer and students may be connecting in a larger variety of ways. In addition, employers often seek to convert internships into full-time offers, thereby reducing the number of full time positions that need to be posted.

8,000 7,774 6,889 7,073 6,000 6,638 5,631 2,000 4,000 4,087 3,876 4,013 3,458 3,102 2,000

0 2015 2016 2017L 2018 2019

Job Postings Internship Postings

05 Starr Search Activity

254,882

total student Starr Search logins for 83% the 2018-2019 academic year.

of the class of 2019 have used our online job database, Starr Search. 11,950

total discreet students have used Starr Search in the 2018-2019 academic year. Over 80% of undergraduate Baruch students have used Starr Search

3 Year Trend

The bar graph below provides information on Starr Search usage by graduating class and school within Baruch. It also indicates the percentage of students who utilized Starr Search throughout their undergraduate studies at Baruch.

%90 88% 88% 85% 82% 82% %80 %60 77% 74% 73% 71% %70

%60 2017 2018L 2019

Zicklin Weissman Marxe

06 Starr Search Job Applications 131,140

total job applications were submitted through Starr Search in the 2018-2019 academic year. 61% 5,631 of the class of 2019 have submitted at least one job jobs posted in Starr Search in the 2018-2019 academic year. application in our online job system, Starr Search. 3,102

internships posted in Starr Search in the 2018-2019 academic year.

3 Year Trend

The bar graph below provides information on Job Search Applications by graduating class and school within Baruch. It also indicates the percentage of students who have submitted at least one application through Starr’s Online job system, Starr Search.

%80 %72 %70 %67

%60 %52 %20 %49 %45 %46 %43 %43 %40

%20 2017 2018L 2019

Zicklin Weissman Marxe

07 Career Related Event Attendance

2,580

students have attended Starr Career Development Center organized career 58% fairs.

of the class of 2019 have attended at least 1 career related event. 10,237

students have signed up for a career related event.

3 Year Trend

Below, you will find information on students’ career related event attendance by graduating class and school within Baruch. While Zicklin numbers remained consistent, participation among Marxe and Weissman students was on the rise.

%70

63% 62% 63% %60

%50 48% %20 43% %40 38% 34% 35% 35%

%30

%20 2017 2018L 2019

Zicklin Weissman Marxe

08 Career Related Counseling

3,972

total career related consultations were conducted in the 2018-2019 academic 47% year.

of the class of 2019 have have had at least 1 career related 5,835 counselling appointment. total student oce visits took place in the 2018-2019 academic year.

Trends This page represents the number of students who reported seeking career advisement by year and school. Most noteworthy is the dramatic increase in Marxe student attendance from 47% to 54%, which might be on account of one of Starr’s former staff members accepting a job within the Marxe school who increased communication with students at the Marxe school through a weekly newsletter about Public Affairs jobs and opportunities.

%60 54% 54% 52% 51% %50 47% 48%

%20 40% 41% %40 38%

%30

%20 2017 2018L 2019

Zicklin Weissman Marxe

09 Internship Activity

81%

of students who have had internships reported that the internships were 58% related to their major.

of students reporting outcomes have had an internship throughout 68% their academic career at Baruch. of students who have had internships reported having more than one internship.

Internships by School Number of Internships per Student

Students reporting outcomes having had at least one Subset of students who reported internships. internship.

32%

62% 62% 27% 57% 22%

12%

4%

1%

Zicklin Weissman 1 2 3 4

Marxe 5 6

10 Employed vs. unemployed student activity

Activity averages for the class of 2019 are compared between employed and unemployed students. On average, employed students are more involved in the job search process and utilize our career services more often. They have more career counseling appointments, apply for more jobs, attend more events and use Starr Search more often than unemployed students. The difference in average GPA between employed and unemployed students is less than 1%. This pattern has remained consistent year after year.

Average Logins per Student STARR SEARCH LOGINS

107.67 Employed students use Starr Search 161% more often that unemployed students. 41.19 161%

Average Applications per Student JOB APPLICATIONS 62.00 Employed students submit 95% more job applications than 31.71 95% unemployed students.

Average Applications per Student EVENT ATTENDANCE 5.15 Employed students attend 48% more events than unemployed students. 3.49 48%

Average Counseling Sessions per Student COUNSELING SESSIONS 4.20 Employed students have 16% more counseling appointments than 3.63 16% unemployed students.

Median Internships per Student INTERNSHIPS HAD 2.00 Employed students have 100% more internships before graduation than 1.00 100% unemployed students.

EMPLOYED UNEMPLOYED

11 Top employers - class of 2019

Overall Overall, 665 employers hired students of the 2019 graduating class. Consistent with recent years, 89% of employers hired one student. Only 6% of employers hired 3 or more Baruch students.

Employer Hires

JP Morgan 23

PwC 12

EY 11

Bank of America 9

Citi 8

Baruch College 6

Goldman Sachs 6

BDO 6

Morgan Stanley 6

KPMG 6

Full Time Employer Hires

JP Morgan 21 Bank of America 9 Citi 6 Goldman Sachs 6 EY 6 Morgan Stanley 6 AXA 5 AIG 5 Deloitte 4 Chase 4

12 Top employers - class of 2019

Internships Employer Hires

PwC 7 EY 5

BDO 3

KPMG 3

Amalgamated Bank 2

Berdon LLP 2

Google 1

Deloitte 1

CohnReznick 1

IKOS Consulting 1

Part Time Employer Hires

Baruch College 4

Starbucks 3

JP Morgan 2

Abacus Federal Saving Bank 2

Citi 2

BMCC 2

CUNY 2

Berdon LLP 2

Heights Casino 1

Fitch Ratings 1

13 Compensation Compensation averages are calculated using full time salary data only, for students reporting employment. Zicklin has the most students reporting wage data, making it the most accurate, when compared to Weissman or Marxe, that have less students graduating.

Full Time Average Salary - School Breakdown 70,000

$59,583 60,000 $54,428 $52,835 $52,744 50,000 $47,942 $45,953 $46,250 20,000 $43,643 $40,883 40,000

30,000

20,000 2017 2018L 2019

Zicklin Weissman Marxe

Trends

Average compensation for Baruch undergraduate students has been steadily increasing over the years and is correlated to the economic cycle. Over the years there have been upswings and downswing but overall the average compensation is up $1,807 over the past 10 years.

Full Time Average Salary Over Time 60,000

55,000 $53,224 46,000 $50,854 $51,058 $50,116 50,000 $48,717

45,000 2015 2016 2017L 2018 2019

14