Overall Outcomes Statistics Across All Business Majors
Penn State Smeal College of Business 2016-2017 Undergraduate Outcomes Report
Penn State Smeal College of Business 1 Overall Outcomes Statistics Across All Business Majors
Total Student Outcomes at Graduation* Full-Time Offers 65% Internship 1.5% Military <1% Public Service <1% 78% Entrepreneurship <1% of students Further Education/Fellowship 10% were placed by graduation Still Seeking (No Offer) 22% Students Reporting Internships/Co-ops 84%
Outcomes by Student Population* Domestic International Full-Time Offers 72% 22% Internship 1.5% 2.5% Military <1% 1% Public Service <1% 0% Entrepreneurship <1% 3% Further Education/Fellowship 5% 39% Still Seeking (No Offer) 20% 33.5% Students Reporting Internships/Co-ops 87% 62%
*Data was collected through an optional student survey distributed prior to Summer 2016, Fall 2016, and Spring 2017 commencements. We received 1,509 of 1,865 graduating student responses (81% response rate). Penn State Smeal College of Business 2 Full-Time Employment Statistics
Students were offered positions in 36 states and international locations.
Employment by Geographic Location PA: 34% NY: 20% NJ: 8% MA: 6% VA: 5% DE, MD, TX, DC, IL, OH, CA, International: 1-3% each Other States: Less than 1% each
$6,058 $4,327 Average Average $58,975 Signing Bonus Relocation Bonus Average 51% 32% Salary Received a Received a Bonus Bonus
Penn State Smeal College of Business 3 Top Hiring Companies (Full-Time)
20+ IBM Amazon.com Hires JPMorgan Chase & Co. PepsiCo Grant Thornton 15-19 Bank of America Corp. 49 Hires PNC Financial Services hires 10-14 Johnson & Johnson TJX Companies Hires Dick’s Sporting Goods Vanguard RSM Insight Global GE L’Oreal Macy’s Lockheed Martin 44 Aldi Textron hires 5-9 Baker TIlly Aramark Hires CohnReznick Bloomberg Kohl’s Citigroup AIG Goldman Sachs Ross Stores PPG Industries 43 Anheuser Busch Target hires Altria Chatham Financial Geico Cigna Boeing Cummins, Inc. NewDay USA Dell Swift Capital Freedom Mortgage 40 TE Connectivity, Ltd. Kimberly-Clark Uber Technologies Liberty Mutual Insurance hires 3-4 UBS Lilly Pulitzer Hires UnitedHealth Group Lord Abbett, LLC Wells Fargo M&T Bank Yelp Mars Chocolate North America Accenture Merkle 37 Armstrong World Industries, NBC Universal-Comcast hires Inc. Siemens CGI Federal Unilever
1+ Hires 198 other companies!
Penn State Smeal College of Business 4 Placement by Major Overview
Placement Average % Receiving Average % Receiving Average Major by Student Signing Signing Relocation Relocation Salary Population Bonus Bonus Bonus Bonus 83% Accounting 84% Domestic $57,930 $4,154 24% $4,500 6% 80% International CIENT 71%** $50,438 $5,167 35% $4,000 6% 81% Finance 83% Domestic $64,600 $6,310 67% $4,773 27% 71% International 65% Management 69% Domestic $51,959 $6,964 34% $6,000 22% 27% International 74% Management 76% Domestic $62,517 $5,866 64% $3,407 24% Information Systems 50% International 75% Marketing 76% Domestic $53,325 $5,573 48% $4,040 35% 67% International 70% Risk Management: 79% Domestic $65,800 $4,011 73% $2,600 20% Actuarial Science 57% International 80% Risk Management: 80% Domestic $57,391 $5,324 55% $2,600 15% Enterprise 80% International Risk Management: 50%** $56,250 $5,000 33% N/A 0% Real Estate 81% Supply Chain and 84% Domestic $58,958 $6,119 60% $4,457 44% Information Systems 58% International
*% placed includes: Full-time job offers, further education/fellowship, entrepreneurship, public service, post-graduate internship, and military. **Placements rates are given for international and domestic populations by major when there is enough data to report per population. Penn State Smeal College of Business 5 Top Hiring Companies (Internship/Co-Op)
Johnson & Johnson Amazon.com 15-21 PNC Financial Services Penn State University Hires PepsiCo 50 Macy’s AIG 10-14 Grant Thornton Boeing hires Hires Kohl’s L’Oreal Dick’s Sporting Goods Northwestern Mutual RSM TE Connectivity, Ltd. GE Dell UPMC Textron Baker Tilly 5-9 Bloomberg 42 Ross Stores Hires Burlington Goldman Sachs hires Morgan Stanley RSM PPG Industries Target TJX Companies UBS Aldi 32 AstraZeneca Pharmaceuticals Altria hires Axiall Corporation CohnReznick Central Bank of Malaysia Ingersoll Rand China Construction Bank AON Hewitt Cigna Aramark Ford Motor Company BNY Mellon 27 General Motors Citigroup Giant Eagle, Inc. hires Cummins, Inc. Gutenberg Research Intel 3-4 Hilti, Inc. Lockheed Martin Hires Kimberly-Clark Mars Chocolate North America Liberty Mutual Insurance 24 Publicis New York Life Insurance SEI hires Ricoh Sherwin-Williams Sheetz Siemens State College Spikes The Hershey Company The Hartford Unilever UTC Aerospace Systems 24 Walmart West Pharmaceutical Services, Inc. hires Alcoa 2+ Hires 587 other companies!
Penn State Smeal College of Business 6 Placement by Major: Accounting
Full-Time Internship
Top Hiring Companies Overall Student Outcomes (total responses: 296) PwC 34 $57,930 EY 28 Full-Time Offers 59% Average KPMG 27 Further Education/Fellowship 21% Salary Deloitte 16 Post-Graduation Internship 3% Grant Thornton 6 Entrepreneurship <1% Baker Tilly 5 Still Seeking, No Offer 16% RSM 4 % with 1+ internship 77% $4,154 TE Connectivity 3 Average CohnReznick 3 Signing Bonus JPMorgan Chase & Co. 3 Top Hiring Companies+ 24% Goldman Sachs 2 PwC 35 Received a Bonus BDO 2 KPMG 34 Boeing 2 EY 22 Citrin Cooperman 2 Deloitte 21 RSM 5 $4,500 Average CohnReznick 4 Relocation Bonus 93% GrantThornton 4 of junior year $25.82 Average JPMorgan Chase & Co. 3 6% internships Received a Hourly Pay Bonus were paid
+ Due to space constraints, companies are only listed if they hired three or more students. Penn State Smeal College of Business 7 Placement by Major: Corporate Innovation and Entrepreneurship
Full-Time Internship
Top Hiring Companies* Overall Student Outcomes (total responses: 35) Target 3
Full-Time Offers 66% Further Education/Fellowship 3% Military 3% Still Seeking, No Offer 28% % with 1+ internship 80%
Top Hiring Companies*
Oracle 4
$5,167 $4,000 Average Average $50,438 Signing Bonus Relocation Bonus 86% Average of junior year $17.29 Average 35% 6% internships Salary Received a Received a Hourly Pay Bonus Bonus were paid
*To maintain student confidentiality, companies who hired one Penn State student are not reported here. Penn State Smeal College of Business 8 Placement by Major: Finance
Full-Time Internship
Overall Student Outcomes Top Hiring Companies+ (total responses: 337) Bank of America 23 Full-Time Offers 66% $64,600 JPMorgan Chase & Co. 19 PNC Financial Services 10 Further Education/Fellowship 11.5% Average PwC 8 Military 1% Salary UBS 7 Post-Graduation Internship <1% Deloitte 6 Public Service <1% Goldman Sachs 6 Johnson & Johnson 6 Entrepreneurship 1% Northwestern Mutual 6 Still Seeking, No Offer 19% $6,310 GE 5 % with 1+ internship 84% Average Citi 4 Signing Bonus Morgan Stanley 4 Top Hiring Companies- TE Connectivity 3 66.5% Siemens 3 JPMorgan Chase & Co. 18 Received a L’Oreal 3 Bank of America, 16 Bonus Gutenberg Research 3 Merrill Lynch Grant Thornton 3 Deloitte 9 EY 3 Central Bank of Malaysia 3 PwC 8 PNC Financial Services 8 $4,773 Average GE 6 Relocation Bonus EY 5 86% of junior year $27.34 Average Citi 5 26.5% internships Johnson & Johnson 5 Received a Hourly Pay Bonus were paid UBS 4
-Due to space constraints, companies are only listed if they hired four or more students. + Due to space constraints, companies are only listed if they hired three or more students. Penn State Smeal College of Business 9 Placement by Major: Management
Full-Time Internship
Top Hiring Companies* Overall Student Outcomes (total responses: 96) Macy’s 3 $51,959 Kohl’s 2 Full-Time Offers 50% Average Sherwin-Williams 2 Further Education/Fellowship 8% Salary UPMC 2 Post-Graduate Internship 4% Entrepreneurship 2% Still Seeking, No Offer 35% % with 1+ internship 76% $6,964 Average Signing Bonus Top Hiring Companies* 34% Amazon.com 4 Received a Bonus PNC Financial Services 3 Aldi 2 APR Supply Co 2 $6,000 Oracle 2 Average Relocation Bonus PepsiCo 2 78% of junior year $15.24 Vanguard 2 Average 22% internships Received a Hourly Pay Bonus were paid
*To maintain student confidentiality, companies who hired one Penn State student are not reported here. Penn State Smeal College of Business 10 Placement by Major: Management Information Systems
Full-Time Internship
Top Hiring Companies* Overall Student Outcomes (total responses: 90) AIG 6 $62,517 PwC 6 Full-Time Offers 71% Average EY 4 Further Education/Fellowship 2% Salary Bank of America 2 Entrepreneurship 1% Johnson & Johnson 2 Still Seeking, No Offer 25% Ross Stores 2 % with 1+ internship 91% RSM 2 $5,866 Average Top Hiring Companies* Signing Bonus Oracle 7 64% EY 7 Received a Bonus IBM 5 PwC 4 AIG 3 $3,407 Amazon.com 2 Average CGI Federal 2 Relocation Bonus 86% of junior year $21.68 Deloitte 2 Average 24% internships Received a Hourly Pay UnitedHealth 2 Bonus were paid
*To maintain student confidentiality, companies who hired one Penn State student are not reported here. Penn State Smeal College of Business 11 Placement by Major: Marketing
Full-Time Internship
Overall Student Outcomes Top Hiring Companies (total responses: 242) PepsiCo 12 Full-Time Offers 67% $53,325 Kohl’s 7 Macy’s 7 Further Education/Fellowship 5% Average Salary Altria 4 Military <1% Dick’s Sporting Goods 4 Post-Graduation Internship 2% Johnson & Johnson 4 Public Service <1% PSU Athletics 4 Entrepreneurship <1% Aldi 3 Enterprise 3 Still Seeking, No Offer 25% $5,573 Publicis 3 % with 1+ internship 91% Average TJX Companies 3 Signing Bonus AstraZeneca Pharmaceuticals 2 Top Hiring Companies*+ 48% Bloomberg 2 Received a L’Oreal 2 Oracle 19 Bonus PNC Financial Services 2 PepsiCo 9 Ross Stores 2 TJX Companies 9 SEI 2 Unilever 2 Macy’s 6 IBM 5 $4,040 Average Insight Global 4 Relocation Bonus 77% Amazon.com 3 of junior year $19.16 Average 35% internships Dick’s Sporting Goods 3 Received a Hourly Pay were paid Kohl’s 3 Bonus Yelp 3
+ Due to space constraints, companies are only listed if they hired three or more students. Penn State Smeal College of Business 12 Placement by Major: Risk Management: Actuarial Science
Full-Time Internship
Top Hiring Companies+ Overall Student Outcomes (total responses: 33) AIG 4 AON Hewitt 2 Full-Time Offers 49% UnitedHealth Group 2 Further Education/Fellowship 18% Post-graduation Internship 3% Still Seeking, No Offer 30% % with 1+ internship 82%
Top Hiring Companies*
AIG 2 Genworth Financial 2
$4,011 $2,600 Average Average $65,800 Signing Bonus Relocation Bonus 89% Average of junior year $24.48 Average 73% 20% internships Salary Received a Received a Hourly Pay Bonus Bonus were paid
*To maintain student confidentiality, companies who hired one Penn State student are not reported here. Penn State Smeal College of Business 13 Placement by Major: Risk Management: Enterprise Risk Mangement
Full-Time Internship
+ Overall Student Outcomes Top Hiring Companies (total responses: 55) PNC Financial Services 5 Full-Time Offers 69% EY 2 Further Education/Fellowship 7% Military 2% Entrepreneurship 2% Still Seeking, No Offer 22% % with 1+ internship 67%
Top Hiring Companies*
PNC Financial Services 3 EY 3 Deloitte 2
$5,323 $2,600 Average Average $57,391 Signing Bonus Relocation Bonus 86% Average of junior year $20.73 Average 55% 15% internships Salary Hourly Pay Received a Received a were paid Bonus Bonus
*To maintain student confidentiality, companies who hired one Penn State student are not reported here. Penn State Smeal College of Business 14 Placement by Major: Risk Management: Real Estate
Full-Time Internship
Top Hiring Companies* Overall Student Outcomes (total responses: 14) No companies to report
Full-Time Offers 43% Military 7% Still Seeking, No Offer 50% % with 1+ internship 71%
Top Hiring Companies*
Wells Fargo 2
$5,000 $0 Average Average $56,250 Signing Bonus Relocation Bonus 90% Average of junior year $16.39 Average 33% 0% internships Salary Received a Hourly Pay Received a were paid Bonus Bonus
*To maintain student confidentiality, companies who hired one Penn State student are not reported here. Penn State Smeal College of Business 15 Placement by Major: Supply Chain and Information Systems
Full-Time Internship
Top Hiring Companies+ Overall Student Outcomes Amazon.com 16 (total responses: 298) Johnson & Johnson 9 $58,958 Boeing 9 Full-Time Offers 74% Average L’Oreal 5 Further Education/Fellowship 4% Salary Dell 5 Military <1% Ross Stores 5 Cummins 4 Post-graduation Internship 1% Dick’s Sporting Goods 4 Entrepreneurship <1% Intel 4 Still Seeking, No Offer 19% $6,119 PPG Industries 4 Average PepsiCo 4 % with 1+ internship 89% Signing Bonus Burlington 3 Walmart, Inc. 3 - Top Hiring Companies 60% Textron 3 Received a Amazon.com 15 Bonus Target 3 IBM 13 Kimberly-Clark 3 Grant Thornton 8 Ford Motor Company 3 PepsiCo 7 EY 3 Oracle 6 EY 6 $4,457 Average Dick’s Sporting Goods 6 Relocation Bonus Anheuser Busch 5 92% of junior year $22.27 Ross Stores 5 Average 44% internships L’Oreal 4 Received a Hourly Pay were paid Johnson & Johnson 4 Bonus Boeing 4
-Due to space constraints, companies are only listed if they hired four or more students. + Due to space constraints, companies are only listed if they hired three or more students. Penn State Smeal College of Business 16 Student Engagement Report
OF79% STUDENTS OF32% STUDENTS WERE STUDIED INVOLVED ABROAD IN 1+ SMEAL ORGANIZATION
OF32% STUDENTS 35% PARTICIPATED OF STUDENTS IN 1+ CASE COMPLETED COMPETITION RESEARCH
Penn State Smeal College of Business 17 Thank You to Our Corporate Partners!
Penn State Smeal College of Business 18