Wharton Undergraduate 2018 Career Plans Report
Total Page:16
File Type:pdf, Size:1020Kb
WHARTON WHARTON UNDERGRADUATE UNDERGRADUATE 2018 CAREER2018 PLANS REPORTCAREER PLANS REPORT SECTIONS: POSTGRADUATION PLANS | HIRING EMPLOYERS | INDUSTRIES AND JOB FUNCTIONS | COMPENSATION DATA: SALARY COMPENSATION DATA: BONUSES | HIRING TIMELINE | JOB INTERVIEW DATA/ JOB OFFER METHOD | EMPLOYMENT LOCATIONS EMPLOYMENT PURSUITS BY CONCENTRATION/MAJOR | GRADUATE SCHOOL PURSUITS Report finalized February 2019 POST-GRADUATION PLANS Based on survey data collected by September 30, 2018 METHODOLOGY Students were asked through several e-mail requests and follow-up phone calls to complete an online Career Plans Survey. Fol- low-up emails and phone calls were sent between July 2018 and September 2018 to students who had not responded or who previously indicated they were seeking employment. Plans obtained from students were used to calculate a response rate. Post-Graduation Plan Data for graduates who did not complete the survey was verified via LinkedIn and online research to cre- ate a knowledge rate. KNOWLEDGE RATE: 85% RESPONSE RATE: 78% POST-GRADUATION PLANS: CLASS OF 2018 PLAN NUMBER % FULL-TIME EMPLOYED 487 90.9% GRADUATE SCHOOL/CONTINUING EDUCATION 21 3.9% PART-TIME EMPLOYED 2 0.4% VOLUNTEER SERVICE 1 0.2% NOT SEEKING EMPLOYMENT 3 0.6% SEEKING FULL-TIME EMPLOYMENT 22 4.1% 5 YEAR TREND: POST-GRADUATION PLANS GRADUATING GRADUATE SCHOOL / EMPLOYED* CLASS CONTINUING EDUCATION 2018 91.5% 3.9% 2017 95.2% 2.0% 2016 89.8% 5.8% 2015 91.7% 3.1% 2014 91.0% 3.4% * Employed includes full-time employed, part-time employed, military service and volunteer service. 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT HIRING EMPLOYERS Based on survey data collected by September 30, 2018 A.T. Kearney Bank Novo Clark Capital Management Group Grace and Mercy Foundation ABInbev / Anheuser-Busch Bank of America Clearsight Advisors Graham Partners Accenture Banza ClearView Healthcare Partners Grand Heritage Hotel Group Adobe Systems Barclays Collective Health Greenhill Agency Within Barnegat Fund Management Comcast NBCUniversal GTIS Partners Airbnb Bates White Economic Consulting comScore, Inc. Guggenheim Partners Akuna Capital Bellwether Asset Management Cornerstone Research H/2 Capital Partners AlixPartners Bessemer Venture Partners Cowen Hamilton Place Strategies Allen & Company BlackRock Credit Suisse Harrison Street AllianceBernstein Blackstone Group Crestview Partners Hedge Pro Solutions Inc Alterity Group Blockchain Capital Criterion Global Heidrick & Struggles Alvarez & Marsal Bloomingdale's CTC Ten Foundation Hines - Real Estate Amazon Bluedog Deloitte Houlihan Lokey American Express BNP Paribas Depeche Mode HQ Capital Amino Capital Booz Allen Hamilton Deutsche Bank HSBC Ampush Boston Consulting Group (BCG) DICK'S Sporting Goods IBM AMR International Brahman Capital Management Dodge & Cox Infrastructure Capital Advisors Anchorage Capital Group Bridgewater Associates DRW Insight Venture Partners AngelList Cadre E3 Consulting IQVIA Angelo, Gordon & Co. Caesars Entertainment Earnest Research JPMorgan Chase & Co. Apollo Global Management Cannon Capital Eastdil Secured Kevin Jewelers Appian Capital Group Companies, Inc. Endeavor Agency KKR Apple Capital One Evercore KPMG LLP Applecart CapM EY / Parthenon Kraft Heinz Company Applied Predictive Technologies (APT) Cargo Facebook L.E.K. Consulting AQR Capital Management CBRE Group, Inc. Financo, Inc. Lazard Aquiline Capital Partners, LLC Centerview Partners Flow Traders Lincoln International ARK Invest Chicago Furniture Bank Fredericks Michael & Co. LionTree Avisi Technologies Chubb Gannett Fleming L'Oreal Bain & Company Cisco General Atlantic M&T Bank Bain Capital Citi Goldman Sachs M. Klein & Company Bain Capital Credit City Harvest Google, Inc. Macquarie 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT HIRING EMPLOYERS Based on survey data collected by September 30, 2018 Macy's, Inc. Palo Alto Networks Silver Point Capital Universal Lighting Services Mars & Co Paramount Pictures Simon-Kucher & Partners University of Pennsylvania Mastercard Payoneer Six Point Partners University of Vermont Medical Matrix Capital Management Petsky Prunier SMBC Nikko Securities Vanguard Maya Women PetSmart Snap, Inc. VaynerMedia Mayo Clinic Philadelphia Eagles SPARK Neuro Viacom MCAP Partners PIMCO Spear Street Capital Vitruvia Consulting McKinsey & Company PJ SOLOMON Spectrum Equity VMware, Inc. McMaster-Carr PJT Partners Spinger Capital LLC Walt Disney Company Merck PNC St. John Properties, Inc. Walton Street Capital Merit Hill Capital Pool Technologies StarQuest International Warburg Pincus Meyer Bergman Porter Novelli Stifel Weiss Asset Management MFR Consultants, Inc. Princeton in Asia Strategy& Wells Fargo Microsoft Project Abacus SYM Financial Advisors Windrose Consulting MightyHive Promo Power Group Tampa Bay Buccaneers ZS Associates Millstein & Co. Prototype Capital Tannenbaum Family Office Milwaukee Brewers Prudential TAP Advisors Mizuho Bank Ltd. PwC TD Securities Moelis & Company Quora Teach For America Mondelez International Radford - Aon Tectonic Capital Morgan Stanley RBC Capital Markets Tesla MTS Health Partners Red and Blue Ventures Tessa Therapeutics Pte. Ltd. MUFG Reliant Medical Billing The Brattle Group NAXION rePurpose The Johns Hopkins Hospital NERA Economic Consulting Reveal Media TM Capital New York Life Insurance Company Richemont Treliant Risk Advisors NextEra Energy, Inc. Ruane, Cunniff & Goldfarb Triyo Fitness Northwell Health SapientRazorfish Twitter Novantas, Inc. Scotiabank Two Sigma Oliver Wyman Sift Science Two Six Capital Pace Harmon, LLC Signal Hill Uber Palantir Technologies Inc. Silver Lake UBS Financial Services 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT HIRING EMPLOYERS Based on survey data collected by September 30, 2018 EMPLOYERS WITH MOST ACCEPTED OFFERS - CLASS OF 2018er 30, 2018 Employer Name # Employer Name # Goldman Sachs & Co. 20 Morgan Stanley 8 J.P. Morgan Chase & Co. 18 Accenture 7 McKinsey & Co. 18 Blackstone 7 Boston Consulting Group (BCG) 14 Evercore 7 Bank of America 12 EY 7 Google 10 Facebook 7 Credit Suisse 9 Wells Fargo 7 Deloitte 9 More than 200 employers hired students in 2018. EMPLOYERS WITH MOST ACCEPTED OFFERS - HISTORICAL DATA 30, 2018 Class of 2017 Class of 2016 Employer Name # Employer Name # McKinsey & Co. 19 Boston Consulting Group (BCG) 19 Bain & Co. 17 J.P. Morgan Chase & Co. 15 Goldman Sachs & Co. 15 Morgan Stanley 12 Boston Consulting Group (BCG) 14 McKinsey & Co. 12 Credit Suisse 14 Goldman Sachs 11 J.P. Morgan Chase & Co. 13 Barclays Capital 9 Bank of America 11 BlackRock 8 IBM 11 The Blackstone Group 8 Morgan Stanley 11 Accenture 8 Nearly 250 employers hired students in 2017. More than 200 employers hired students in 2016. 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT INDUSTRIES AND JOB FUNCTIONS Based on survey data collected by September 30, 2018 EMPLOYMENT BY INDUSTRY EMPLOYMENT BY JOB FUNCTION Job Function % Job Function % Investment Banking 27.5% Real Estate 1.3% Consulting 23.1% Operations 1.3% Marketing/Sales/Retail 6.3% Communications 0.8% Private Equity 5.7% Nonprofit/Social Services 0.8% Investment Management 5.2% Other 0.8% Management 4.8% Insurance (Actuarial & Sales) 0.6% Information Systems/Computer Science 3.6% Education (Teaching) 0.6% Data Analytics 2.9% Nursing 0.6% Financial Planning & Analysis (non-bnkg) 2.7% Scientific Research 0.4% Venture Capital 1.9% Commercial Banking / Lending 0.2% Securities Research 1.9% Accounting 0.2% Sales (Financial) 1.7% Government 0.2% Trading 1.7% Arts and Culture 0.2% Engineering 1.3% Economics 0.2% Risk Management 1.3% Healthcare 0.2% 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT COMPENSATION DATA: SALARY Based on survey data collected by September 30, 2018 AVERAGE BASE SALARY AND RANGE Year Average Base Salary Base Salary Range 2018 $80,354 $24,960 - $165,000 2017 $80,566 $30,000 - $175,000 2016 $77,566 $28,000 - $150,000 2015 $76,231 $20,000 - $150,000 2014 $69,506 $30,000 - $112,000 AVERAGE BASE SALARY - 5 YEAR TREND 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT COMPENSATION DATA: SALARY Based on salary data provided by 378 respondents AVERAGE BASE SALARY BY SCHOOL AND GENDER Average Base Salary Base Salary Range # % Overall $80,354 $24,960 - $165,000 378 100.0% Women $77,704 $27,664 - $130,000 165 43.7% Men $82,407 $24,960 - $165,000 213 56.3% School/Program Average Base Salary Base Salary Range # % Wharton $77,750 $24,960 - $165,000 279 73.8% Women $76,894 $27,664 - $130,000 130 34.4% Men $78,498 $24,960 - $165,000 149 39.4% Management & Technology $104,048 $60,000 - $135,000 21 5.6% Women $91,250 $60,000 - $125,000 4 1.1% Men $107,059 $80,000 - $135,000 17 4.5% Huntsman Program $81,639 $50,000 - $100,000 18 4.8% Women $83,500 $72,500 - $95,000 5 1.3% Men $80,923 $50,000 - $100,000 13 3.4% Life Sciences & Management $76,000 $40,000 - $100,000 10 2.6% Women $76,000 $55,000 - $85,000 5 1.3% Men $76,000 $40,000 - $100,000 5 1.3% Dual Wharton & Arts and Sciences $80,526 $34,320 - $120,000 31 8.2% Women $76,288 $34,320 - $90,000 15 4.0% Men $84,500 $65,000 - $120,000 16 4.2% Dual Wharton & Engineering $96,819 $73,000 - $130,000 16 4.2% Women $94,150 $73,000 - $125,000 4 1.1% Men $97,708 $80,000 - $130,000 12 3.2% Nursing & Healthcare Mgmt. * * 2 0.5% Women * * 2 0.5% Men * * 0 0.0% Dual Wharton & Nursing * * 1 0.3% Women * * 0 0.0% Men * * 1 0.3% * Salary statistics not released for categories with fewer than 3 respondents. 2018 WHARTON UNDERGRADUATE CAREER PLANS REPORT COMPENSATION DATA: SALARY Based on survey data collected from 378 respondents SALARIES BY INDUSTRY Industry Average