2010 Employment Report

2010 Employment Report “ What sets Kellogg’s Career Management Center apart is its ability to continuously respond to the changing business landscape as well as to the diverse career needs of the entire student body.” NORTHWESTERN UNIVERSITY Career Management Center Corporate Affiliates Table of Contents Senior Affiliate Benefactors Affiliate Fellow Affiliate 3 Class of 2010 Profile $250,000 and above $10,000 - $24,999 $5,000 - $9,999 4 Demographic Information: Class of 2010 Allstate Corporation Abbott Laboratories Amgen Inc. 4 Base Salary Acceptances by Work Experience CME Group Foundation Accenture LLP Banco Itau Sa 4 Base Salary Acceptances by Undergraduate Degree Alix Partners LLP British American 4 Base Salary Acceptances by Age Affiliate Benefactors Becton Dickinson Diagnostics Tobacco Company 4 Base Salary Acceptances by Gender $50,000 - $249,999 Booz & Company Colgate-Palmolive Co 4 Base Salary Acceptances by Geographic Distribution Eisai Company Ltd Cardinal Technologies, Inc. Cosan SA Industria E Comercio Feldco 5 Major Industries Chosen by Graduates, 2006-2010 Chevron Texaco Corp. Diamond Management 5 Class of 2010 Graduate Base Salary Acceptances by Industry Grosvenor Capital Management Danaher & Technology Consultants 6 Major Functions Chosen by Graduates, 2006-2010 J.P. Morgan Chase Deloitte Consulting Electronic Data Systems 6 Class of 2010 Graduate Base Salary Acceptances by Function The Raytheon Company Emerson Electric Company Genentech ExxonMobil Corporation Golden Star Technology, Inc. 7 Major Employers Senior Affiliate FTI Consulting, Inc. Illinois Tool Works Inc $25,000 - $49,999 8 Graduate Sign-On Bonus by Industry Group Goldman Sachs Co. Medtronic, Inc. Akoo International, Inc. 8 Graduate Sign-On Bonus by Functional Group Harris Bank MRF Bain & Company Inc. Huron Consulting Group Northwood Investors, LLC 9 Corporate Recruiters Bank of America Johnson & Johnson PricewaterhouseCoopers 10 Job Acceptances: Class of 2010 by Company Clareo Partners LLC Kirkland and Ellis LLP Ropes & Gray LLP Deere & Company 15 Job Acceptances: Class of 2010 by Student Macquarie Capital Partners LLC Shefsky & Froelich, Ltd. General Mills Inc. 15 Two-Year MBA & JD-MBA students McKinsey & Company Winston & Strawn LLP Microsoft Corporation 29 One-Year MBA students Mesirow Financial Wrightwood Capital Novo Nordisk A/S 32 MMM students PepsiCo Target Corporation 34 Part-Time MBA students PrivateBancorp, Inc. 38 Major Industries Chosen by Summer Interns, 2006-2010 ProLogis 38 Class of 2011 Summer Intern Salary Acceptances by Industry Telephone & Data Systems, Inc. 39 Major Functions Chosen by Summer Interns, 2006-2010 Teradata 39 Class of 2011 Summer Intern Salary Acceptances by Function The Boston Consulting Group, Inc. Unilever 40 Major Summer Intern Employers Walmart Inc. 41 Summer Acceptances: Class of 2011 by Company 46 Summer Acceptances: Class of 2011 by Student 46 Two-Year MBA & JD-MBA students 62 MMM students 66 Career Management Center Staff Cover quote: Rafael Marcus Ochoa ’10 Class of 2010 Profile DEMOGRAPHICS Class of 2010 Job Acceptances by Geographic Distribution Number of students graduating in the class of 2010 727 Two-Year MBA students 475 One-Year MBA students 79 20% International Part-Time MBA students 92 MMM students1 57 33% JD-MBA students2 24 Midwest 4% South Age range at graduation 25-49 4% Mid-Atlantic Full time work experience range (years) 3-7 Female 35% 7% Southwest Minority 24% International 35% 17% Northeast 15% West UNDERGRADUATE MAJORS Business 27% Economics 18% Engineering/Sciences 38% Social Sciences/Humanities 17% *Breakdown of International Job Acceptances Undergraduate institutions represented 269 80% 1% United States Other EMPLOYMENT SUMMARy – ClASS OF 2010 (FULL-TIME) AND CLASS OF 2011 (INTERNSHIPS) 9% Number of graduates reporting employment status to CMC 579 Asia/South Pacic Number of graduate acceptances reported 552 5% Europe Number of 1st year students reporting employment status to CMC 556 3% Central/South America/Carribean Number of internship acceptances reported 554 2% 1Dual Degree MBA+MEM program in design and operations Canada/Mexico 2Dual Law School/Kellogg degree students *Percentages have been rounded to the nearest whole number Employment Report 2010 | Class of 2010 Profile | 3 Demographic Information – Class of 2010 BASE SALARY ACCEPTANCES BY WORK EXPERIENCE BASE SALARY ACCEPTANCES BY GEOGRAPHIC DISTRIBUTION EXPERIENCE PERCENT* RANGE AVERAGE MEDIAN REGION PERCENT* RANGE AVERAGE MEDIAN 1-2 Years 5 $38,000-300,000 $115,084 $115,000 United States 80 $60,000-300,000 $116,004 $110,000 3-5 Years 51 40,000-300,000 114,473 110,000 Northeast1 17 70,000-270,000 116,529 105,000 6-9 Years 41 40,000-270,000 113,649 112,000 Boston 2 95,000-165,000 122,920 126,000 10-15 Years 3 90,000-140,000 112,731 112,000 New York City 12 70,000-270,000 118,485 108,000 Other Northeast 3 93,500-180,000 105,176 95,000 BASE SALARY ACCEPTANCES BY UNDERGRADUATE DEGREE Mid-Atlantic2 4 65,000-160,000 112,277 115,000 DEGREE PERCENT* RANGE AVERAGE MEDIAN Philadelphia 2 91,000-135,000 113,409 115,000 Nontechnical 40 $38,000-210,000 $109,028 $105,000 Washington D.C. 2 65,000-160,000 112,400 117,000 Technical 52 40,000-300,000 116,490 110,000 South3 4 90,000-240,000 116,022 105,000 Other 8 66,000-300,000 127,049 120,000 Midwest4 33 60,000-300,000 116,471 113,500 Chicago 24 60,000-300,000 122,928 120,000 BASE SALARY ACCEPTANCES BY AGE Minneapolis 4 70,000-125,000 95,828 95,000 AGE PERCENT* RANGE AVERAGE MEDIAN Other Midwest 5 80,000-140,000 102,161 98,000 25-26 4 $38,000-300,000 $118,890 $115,000 Southwest5 7 80,000-153,000 110,765 115,000 27-29 55 40,000-300,000 113,791 110,000 Dallas/Ft. Worth 3 90,000-153,000 114,667 120,000 Other Southwest 4 80,000-130,000 107,684 110,000 30 or > 41 40,000-300,000 114,670 114,800 West6 15 80,000-250,000 117,623 115,000 Los Angeles 2 80,000-137,500 107,100 102,250 BASE SALARY ACCEPTANCES BY GENDER San Francisco 10 95,000-250,000 120,356 120,000 GENDER PERCENT* RANGE AVERAGE MEDIAN Seattle 3 100,000-140,000 110,357 110,000 Female 34 $50,000-300,000 $108,549 $100,000 Male 66 40,000-300,000 117,805 115,000 International 20 $38,000-300,000 $107,370 $107,500 Africa † *Percentages have been rounded to the nearest whole number. Asia – Central Asia † †Less than 1% of accepted offers. Asia - East Asia 7 50,000-300,000 99,982 95,000 Asia - South/Southeast 2 38,000-300,000 97,000 70,000 1 Including CT, MA, NJ, NY 4 Including IL, IN, MI, MN, MO, OH, WI Caribbean † 2 Including DC, DE, MD, PA, VA 5 Including AZ, CO, TX Europe - Eastern 1 40,000-120,000 98,500 117,000 3 Including AL, AR, FL, GA, TN 6 Including CA, NV, OR, WA Europe - Western 3 87,600-200,000 124,994 120,000 Europe - London 1 85,000-150,000 114,000 120,000 Middle East † North America - Non U.S. 3 72,000-150,000 105,017 100,000 South America 3 65,000-137,000 109,833 115,000 Employment Report 2010 | Demographic Information-Class of 2010 | 4 Major Industries Chosen by Graduates, 2006-2010 Graduate Base Salary Acceptances by Industry INDUSTRY PERCENT OF ACCEPTANCES INDUSTRY PERCENT* RANGE AVERAGE MEDIAN 2010 2009 2008 2007 2006 Manufacturing 33 $38,000-210,000 $102,913 $99,500 Consulting 31 38 33 31 33 Automotive 1 100,000-110,000 106,100 107,500 Consumer & packaged goods 12 10 10 10 11 Biotechnology 1 97,000-120,000 105,375 102,250 High-tech manufacturing & services 11 9 9 9 11 Chemicals 1 90,000-110,000 97,500 95,000 Investment banking, brokerage & securities 6 5 12 11 8 Computer hardware 2 83,000-180,000 115,900 115,500 Media & entertainment 1 2 1 2 - Computer software 3 60,000-185,000 112,368 110,000 Other financial services, private equity & venture capital 10 10 13 14 10 Energy 1 90,000-130,000 107,857 110,000 Other manufacturing 8 5 6 5 7 Food/beverage 8 65,000-200,000 95,824 95,000 Other services 13 13 10 13 13 Healthcare products 4 66,000-210,000 109,369 103,000 Pharmaceutical, biotechnology, healthcare 8 8 6 7 7 Household/personal products 3 60,000-100,000 92,105 95,000 Medical devices 1 100,000-125,000 114,250 116,000 *Percentages have been rounded to the nearest whole number. Other manufacturing 1 88,000-120,000 103,500 103,000 ---------------------------------------------------------- Pharmaceuticals 2 72,000-120,000 94,156 88,000 The following industries were each represented by less than 1% of reported acceptances and are not included in the above table: Aerospace, Alternative Energy, Brokerage/Securities, Commercial Banking, Construction, Consumer Electronics, Education, Electronic Equipment Widely diversified manufacturing 2 90,000-115,000 105,177 110,000 Manufacturing, Entertainment, Executive Search, Heavy Equipment/Machinery, Import/Export/Trading Companies, Insurance, Media, Minerals/ Services 67 $40,000-300,000 $119,604 $120,000 Metals, Other Services, Real Estate Services, Sporting Goods Manufacturing, Technology Consulting, Telecommunications Manufacturing, Advertising 1 80,000-140,000 102,400 95,000 Textiles/Clothing, Transportation Equipment, Widely Diversified Services Computer services 1 105,000-125,000 116,250 117,500 Consulting 28 50,000-260,000 125,776 120,000 Diversified financial services 3 80,000-115,000 98,923 97,500 Job Acceptances by Industries E-commerce 2 95,000-170,000 113,500 110,000 1% Media & entertainment Government 1 40,000-117,000 81,320 70,000 6% Investment Banking, Brokerage & Securities Healthcare consulting 1 85,000-200,000 129,400 120,000 Pharmaceutical, Healthcare services 1 75,000-120,000 100,000 102,500 8% Biotechnology, Healthcare 31% Investment banking 5 50,000-150,000 99,310

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