HBA 2017 EMPLOYMENT REPORT Ivey Business School MESSAGE FROM THE EXECUTIVE DIRECTOR Congratulations to the Ivey HBA classes of 2017 and 2018! HBA BY THE This year was another successful year for our Class graduates as they achieved 94% placement NUMBERS of 2017 across a variety of industries, functions, geographies and organizations. Ivey HBA graduates continue to be attracted to the Consulting and Financial Services sectors and placement in these two industries remains strong, accounting for over half of the graduates from the Class of 2017. Ivey students continue to seek an increasingly diverse range of opportunities, based the perception or belief that they can make an impact quickly within these organizations. As a result, placement in other industries including Information Technology, Accounting, Consumer Packaged Goods, Telecommunications and 94% Hospitality Services remain somewhat consistent. Of those seeking, received an offer by September 30, based on a 95% reporting rate Summer employment offers our students great opportunities to Of those seeking, 95% received an offer by put their first year of HBA into action and explore a new function or December 1, based on a 96% reporting rate industry. For the Class of 2018 seeking summer internships, a full 95 percent of the class received at least one job offer. As internships continue to be valuable for companies to assess a students fit for full-time employment after graduation, this past year, 33% of the graduating class of 2017, translated their summer employment opportunity to a full-time role with the same organization. This year’s graduating class is typical in terms of where their careers $ are beginning, and indicative of a strong start to what promises to be a progressive and diverse leadership track. 68,873 As always, our active network of more than 25,000 alumni and over Average salary (includes: base salary, signing 460 corporate partners played a central role in our students’ success. bonus, and other guaranteed compensation) This report would not be possible without the organizations and alumni who not only trust us with their recruitment efforts, but share market insights that help drive our students’ success. Thank you to them for their support and confidence in Ivey talent – we look forward to another great year ahead. of students Sincerely, accepted a full- time offer from their previous summer employer Sharon Irwin-Foulon 33% Executive Director, Career Management and Corporate Recruiting Ivey Business School Page 2 Ivey Business School | ivey.ca CLASS OF 2017 AT A GLANCE Demographics 616 40% 5% 20% 3 26 78% Total Students Percent Percent Non- Pursue Dual Months to 94% Industries where School-Facilitated in Class Women Canadian* Degrees Employment graduates work Job Offers *as defined by Citizenship Citizenship by Geography Canada (95%) Other includes: Bangladesh, India, Pakistan China (4%) Other (1%) Distribution of n Financial Institution (33%) Distribution of n Financial Services (30%) Industries where HBA Industries of our 28,000 Class of 2017 is going n Consulting (20%) alumni worldwide n Consulting (13%) n Accounting (9%) n Information Technology (7%) n Information Technology (6%) n Biotech/Healthcare/Pharma (5%) n Consumer Packaged Goods (5%) n Education (5%) n Telecommunications/ n Wholesale/Retail (4%) Communications (4%) n Food/Drink/Tobacco (3%) n Wholesale/Retail (3%) n Manufacturing (3%) n Real Estate/Property (3%) n Marketing/PR/Advertising (3%) n Legal (2%) n Real Estate/Property (3%) n Marketing/PR/Advertising (2%) n Telecommunications/ 33+20+96543211y Restaurant/Food Services/ Communications (3%) n 30+13+754321y Hospitality Services (2%) n Other (21%) n Other (11%) Given Ivey’s commitment to privacy when collecting student data, the industries contained within ‘Other’ include less than 1% and/or less than 3 graduates, of the graduating class in the following industries: Aerospace, Agribusiness, Construction, Charities/Non-Profit, Distribution/Production, Education, Electricity/Gas/Water, Entertainment, Government, Healthcare, Manufacturing, Petroleum/Energy, Pharmaceuticals/Medical, Public Administration/Regulatory, Tourism/Leisure Page 3 Ivey Business School | ivey.ca RECRUITING AT THE IVEY BUSINESS SCHOOL 2017 Graduates Compensation Summary* Source of Offer Base Salary School-Facilitated 78% % Receiving Median Range Career Management Posting 33% 100% $60,000 $20,000 - $177,768 Summer Internship 33% Networking Signing Bonus 10% (with Alumni and Corporate Partners) % Receiving Median Range Alumni/Classmate/Faculty Referrals 2% 41% $5,000 $1,000 - $33,000 Graduate-Facilitated 10% Other Guaranteed Compensation Networking (outside School) 7% % Receiving Median Range Internet, Company Websites, Executive 3% 13% $6,500 $750 - $50,000 Search Firms and Newspaper Posting *Data reflects students who reported compensation and does not include students who are Other 12% starting their own business 323 221 14 160 Companies that posted Companies our Number of HBAs returning to jobs to the Ivey HBA HBA 2017 students students pursuing their summer Class of 2017 signed with Entrepreneurship employer Offers Accepted by Geography Canada (Other) Alberta 3% Average Salary Average Salary $51,723 3% $85,986 British Other Columbia 3% Average Average 2% Salary Salary $57,047 $49,727 3% 78% United **Canada - Other includes Ontario (Kitchener/ States Waterloo, Ottawa/Hull), Quebec (Montreal), British Ontario (London) Columbia (Vancouver) 8% Average Average Salary Ontario (Toronto/GTA) Salary Average Salary *Other includes Asia, Caribbean Islands, Middle East $53,093 $129,557 $64,439 Page 4 Ivey Business School | ivey.ca COMPENSATION BY INDUSTRY HBA Class of 2017 Base salary ranged from $20,000 – $177,768 with a median salary of $60,000 and where other compensation was offered, it ranged from $750 – $70,000 BASE SALARY OTHER COMPENSATION INDUSTRY % RANGE $ MEDIAN $ % RANGE $ MEDIAN $ Accounting 9% 37,500 - 58,000 45,000 15% 1,300 - 15,000 3,750 Consulting 20% 45,000 - 107,112 65,000 78% 1,000 - 23,712 5,000 Consumer Packaged Goods 5% 46,992 - 75,000 60,000 44% 1,500 - 7,500 5,000 Financial Institution 33% 26,400 - 130,000 80,000 54% 1,000 - 56,500 10,000 Information Technology 6% 35,000 - 177,768 53,500 36% 1,600 - 70,000 8,000 Legal Services 2% 48,000 - 75,396 69,600 33% 750 - 5,000 4,000 Marketing/PR/Advertising 2% 30,000 - 60,000 52,000 Not Enough Data* Real Estate/Property 3% 35,000 - 78,000 46,500 Not Enough Data* Restaurant/Food Services/ 2% 60,000 - 65,000 60,000 88% 7000 - 11,500 7,000 Hospitality Services Telecommunications/ 4% 50,000 - 60,000 60,000 56% 1,200 - 13,500 3,500 Communications Wholesale/Retail 3% 39,960 - 93,000 50,000 23% 1,967 - 27,500 2,500 Other 11% 20,000 - 72,000 57,000 22% 5,000 - 14,000 7,000 Given Ivey’s commitment to privacy when collecting student data, the industries contained within ‘Other’ include less than 1% and/or less than 3 graduates, of the graduating class in the following industries: Aerospace, Agribusiness, Construction, Charities/Non-Profit, Distribution/Production, Education, Electricity/Gas/Water, Entertainment, Government, Healthcare, Manufacturing, Petroleum/Energy, Pharmaceuticals/Medical, Public Administration/Regulatory, Tourism/Leisure *This denotes either not enough data to sustain anonymity and/or no data was provided Page 5 Ivey Business School | ivey.ca COMPENSATION BY FUNCTION HBA Class of 2017 Base salary ranged from $20,000 – $177,768 with a median salary of $60,000 and where other compensation was offered, it ranged from $750 – $70,000 BASE SALARY OTHER COMPENSATION FUNCTION % RANGE $ MEDIAN $ % RANGE $ MEDIAN $ Accounting 9% 37,500 - 53,800 45,000 15% 1,300 - 15,000 3,750 Business Development/ 3% 30,000 - 63,000 50,000 Not Enough Data* Corporate Development Consulting/Corporate 24% 30,000 - 107,112 65,000 70% 1,000 - 23,712 5,000 Strategy Engineering 2% 50,000 - 177,768 81,000 50% 13,260 - 40,500 27,500 Finance - Asset Management 4% 40,000 - 94,395 55,000 31% 2,500 - 32,500 8,000 Finance - Commercial Banking 2% 55,000 - 70,000 58,500 38% 1,000 - 6,605 6,500 Finance - Corporate Office 3% 36,000-67,000 57,500 33% 1,967 - 7,500 5,000 Finance - Other 2% 34,200 - 66,810 65,000 Not Enough Data* Finance - Private Equity/ 2% 43,200 - 114,735 75,000 Not Enough Data* Venture Capital Finance - Real Estate 2% 38,000 - 78,000 55,000 Not Enough Data* Finance - Wholesale Banking/ Capital Markets (includes Corporate Banking, 19% 26,400 - 130,000 85,000 78% 2,000 - 56,500 10,000 Investment Banking, Sales and Trading, Equity Research, and Risk Management) Leadership Development/ 8% 45,000 - 66,000 60,000 51% 1,700 - 12,000 7,000 Rotational Program Legal 2% 48,000 - 75,396 70,000 33% 750 - 5,000 4,000 Marketing 4% 37,692 - 75,000 55,000 24% 5,000 5,000 Operations 2% 50,000 - 60,000 60,000 Not Enough Data* Sales 4% 35,000 - 70,000 42,500 25% 1,500 - 12,000 5,000 Other 8% 20,000 - 150,000 57,151 30% 1,200 - 70,000 8,000 Given Ivey’s commitment to privacy when collecting student data, the functions contained within ‘Other’ include less than 1% and/or less than 3 graduates, of the graduating class in the following functions: Human Resources, Information Technology, Project Management, Research and Development/Product Development, Startup *This denotes either not enough data to sustain anonymity and/or no data was provided Page 6 Ivey Business School | ivey.ca SUMMER INTERNSHIP CLASS OF 2018 EMPLOYMENT Class of 2018 Companies Providing Summer employment Summer Internships at a glance by Size: 253 Number of companies posting