College of Arts & Sciences Undergraduate Class of 2013 Career Plans Survey Report Each year Career Services surveys the College of Arts and Sciences graduating class to gather information about their post-graduation plans. This report summarizes the responses from December 2012, May and August 2013 Bachelor of Arts degree recipients. CONTENTS Section Page Summary 2 Salary Information by Student Demographic 3 Signing Bonuses and Relocation Expenses 3 Interviews, Offers, and Top Employers/Graduate Schools 4 Geographic Locations for U.S. and International Students 5 Undergraduate Salaries by Industry 7 Undergraduate Salaries by Job Type 8 Full-Time Employment & Graduate Studies by Major 10 Employers Hiring Graduates by Industry and Major 42 Methodology Students were asked via several e-mail requests during Spring 2013 to complete an online version of the Career Plans Survey. Follow-up emails were sent between May and November 2013 to those students who had not responded or had previously indicated they were “still seeking.” A total of 1,216 surveys were returned, resulting in a 76% response rate. Prepared in December 2013 by: Claire Klieger, Senior Associate Director Tatiana Vasilikioti, Student Assistant Career Services. McNeil Building. Suite 20. www.vpul.upenn.edu/careerservices/ 1 CAREER PLANS SURVEY College of Arts and Sciences - Class of 2013 PRIMARY POST -GRAD PLANS, 201 3 Primary Post-Grad Plans, 2013 College of Arts & Sciences Seeking Full-Time Employed 60% 731 Seeking Grad Employment School Intern/Short-Term 7% 89 5% 2% Part-Time Employment 2% 21 Graduate School 20% 248 Education Other Education 2% 27 2% Seeking Graduate School 2% 25 Graduate School Seeking Employment 5% 63 20% Other/Travel 1% 10 Full-Time Employed Number of degrees awarded: 1,597 Other 60% Number of surveys returned: 1,216 1% Response Rate: 76% Of students who reported they were full-time employed, 73% Part-Time received guidance from a Career Services Advisor. Employed 2% Short-Term Of students who reported they were attending graduate school, Employed 70% received guidance from a Career Services Advisor. 7% EMPLOYMENT INDUSTRIES FIELD OF GRADUATE STUDY Real Estate/ Design Insurance Arts Engineering Manufacturing Construction 1% Education 1% 2% 0% 2% 2% 3% Hospitality/ Business Financial Leisure/Sports Other* 3% Services 2% 2% 18% Other Medicine Government Professions 25% 3% 5% Retail/ Consulting Other Health Wholesale Non-Profit 16% Professions Law 4% 8% 6% Humanities 4% 10% Law Social Science Healthcare Education 21% 9% 5% Technology+ 14% Science 8% 16% Communications 10% *Includes Accounting, Energy, and Transportation +Represents biggest area of growth over class of 2012, jumping 2% points SUMMARY School Breakdown: College of Arts and Sciences only: 1,091 (includes 7 submatriculants into GSAS) College/Wharton: 108 College/SEAS: 14 College/Nursing: 2 Gender Breakdown: Responses from women 678 (60%); from men 447 (40%) Average Salary: $ 53,373 Range: $20,000 - $110,000 Median Salary: $52,000 Offers: 47% of those working full-time received their job offers through On-Campus Recruiting or other Career Services leads. (671 of 731 reporting how they received their offer) Date of Receipt of Offer: 77% had offers by the end of May 2013 (511 of 666 reporting offer date) (Full-time) 44% had offers by the end of December 2012 (293 of 666 reporting offer date) Career Services. McNeil Building. Suite 20. www.vpul.upenn.edu/careerservices/ 2 SALARY INFORMATION Average Salary, 2009-2013 $55,000 $53,373 $50,834 $52,061 $50,000 $46,288 $47,426 $45,000 Increased 2.5% from 2012-2013 $40,000 and 15% over the 2009 2010 2011 2012 2013 past five years CLASS OF 2013 SALARY DATA Total number employed full-time: 731 Total number reporting salary: 591 2013 2012 2013 Entire Class* Average Salary $ 53,373 (568) $ 52,061 Range: $ 20,000 - $ 110,000 Median Salary $ 52,000 $ 50,000 Men* Average Salary $ 59,587 (211) $ 54,980 Range: $ 24,000 - $ 110,000 Median Salary $ 60,000 $ 56,500 Women* Average Salary $ 50,023 (354) $ 49,773 Range: $ 20,000 - $ 100,000 Median Salary $ 47,000 $ 46,000 (*omits stipends below $20,000) Salary Breakdown by School School # Reporting Average Salary Average Signing Bonus % Receiving Bonus College Only (496) $ 47,335 $ 7,106 (188 reported) 51% College/GSAS (3) $ 70,500 $ 5,000 (2 reported) 100% College/Nursing (1) --- --- --- --- --- --- 0% College/SEAS (9) $ 82,857 $ 7,016 (9 reported) 100% College/Wharton (82) $ 68,201 $ 9,124 (72 reported) 93% Additional Compensation Signing bonus provided: 59% (353 of 603 reporting) Receiving annual bonus: 46% (277 of 624 reporting) (average signing bonus = $7,602 range = $1,000 - $35,000) Average Salary by Industry Average Salary Average Salary Industry Salary Range 2013 Salary Range 2012 2013 (# reported) 2012 (# reported) Accounting $48,333 (3) $40,000 - $60,000 --- --- Communications $49,792 (50) $25,000 - $100,000 $39,448 (29) $22,000-$70,000 Consulting $66,502 (110) $40,000 - $108,000 $61,270 (121) $20,000 - $90,000 Design $41,333 (6) $28,000 - $50,000 $36,750 (4) $25,000 - $52,000 Education(elementary/secondary & higher education) $37,569 (70) $23,000 - $56,000 $36,435 (70) $24,000 - $54,750 Energy $53,500 (4) $48,000 - $60,000 $57,333 (3) $42,000 - $70,000 Financial Services $68,413 (120) $39,000 - $110,000 $66,705 (115) $25,000 - $100,000 Government $36,757 (14) $26,000 - $50,000 $43,300 (18) $27,000 - $60,000 Healthcare $35,382 (31) $20,000 - $82,000 $34,411 (62) $20,000 - $59,600 Hospitality/Leisure/Sports $47,000 (4) $28,000 - $60,000 --- (2) --- Insurance $56,833 (6) $47,000 - $65,000 $56,917 (6) $43,500 - $75,000 Legal $42,937 (31) $25,000 - $60,000 $41,326 (35) $29,120 - $60,000 Manufacturing $52,100 (13) $30,000 - $80,000 $49,371 (15) $22,880 - $70,000 Non-Profit/Social Service $34,537 (22) $24,000 - $43,000 $31,964 (14) $29,000 - $46,000 Real Estate/Construction $58,615 (10) $26,153 - $85,000 $50,917 (6) $40,000 - $67,000 Retail/Wholesale $50,833 (24) $33,000 - $72,000 $50,133 (19) $36,000 - $68,040 Technology $59,467 (45) $30,000 - $100,000 $57,927 (31) $33,000 - $105,000 Career Services. McNeil Building. Suite 20. www.vpul.upenn.edu/careerservices/ 3 EMPLOYMENT INTERVIEWS AND OFFERS, COLLEGE CLASS OF 2013 47% of those working full-time received their job offers through On-Campus Recruiting or other Career Services leads. Interviews through On-Campus Recruiting st Average # of 1 Interviews: 4.6 (Range: 0-40) Average Number of Offers: .86 (Range: 0-10) Interviews through Other Career Services Options (PennLink, distribution lists, career fairs, Alumni Career Network) st Average # of 1 Interviews: 1.4 (Range: 0-40) Average Number of Offers: .3 (Range: 0-4) Interviews Outside of Career Services st Average # of 1 Interviews: 2.5 (Range: 0-30) Average Number of Offers: 1 (Range: 0-6) Total Number of Interviews st Average # of 1 Interviews: 7.9 (Range: 0-120) Average Number of Offers: 1.9 (Range: 0-11) DATE OF RECEIPT OF JOB OFFER METHOD OF OBTAINING ACCEPTED JOB OFFER CLASS OF ’13 CLASS OF ’13 (604 of 638 reported how they received their offer.) Prior to start of school year 14% Applied Directly to Organization 27% September – December 2012 30% On-Campus Recruiting (OCR) 25% January – February 2013 6% Previous Employer/Internship from OCR 13% March – May 2013 26% Contacts/Family/Friend/Alumni 13% June – August 2013 20% Other Career Services Leads 9% September 2013 or later 3% Previous Employer/Internship 9% Professor/ Department Referral 2% (77% had offers by the end of May) Other 3% Other 3% (47% of those working full-time received their job offers through On-Campus Recruiting or other Career Services leads. TOP EMPLOYERS, 2013 TOP GRAD SCHOOLS, 2013 Teach for America (32) Nielson (6) University of Pennsylvania (43) University of Pennsylvania (not med) (19) Bank of America Merrill Lynch (5) Columbia University (25) University of Pennsylvania, Barclays (5) New York University (11) Perelman School of Medicine (14) Ernst & Young (5) Harvard University (9) J.P. Morgan Chase (14) Macy’s Inc. (5) Georgetown University (9) Bain (11) Oracle (5) University of Cambridge (6) Citigroup (11) American Express (4) John Hopkins University (5) Accenture (9) BlackRock (4) Princeton University (5) Google (9) Bloomingdales (4) Stanford University (5) Goldman Sachs (9) CEB (4) Yale University (5) Morgan Stanley (9) Comcast/NBC Universal (4) Carnegie Mellon University (4) Credit Suisse (7) Children’s National Medical Center (4) Temple University (4) Boston Consulting Group (7) Hamilton Lane (4) University of Virginia (4) Deloitte (7) IBM (4) Oxford University (3) Applied Predictive Technologies (6) McKinsey (4) University of California, Berkeley (3) Microsoft (6) Wells Fargo Securities (4) University of Miami (3) University of Southern California (3) Career Services. McNeil Building. Suite 20. www.vpul.upenn.edu/careerservices/ 4 GEOGRAPHIC LOCATION OF EMPLOYED STUDENTS (Including Short-Term) Of the 769 reporting, 93% are living in the United States, 7% internationally. INTERNATIONAL STUDENTS WORKING IN THE UNITED STATES 73% of international students who reported they were full-time employed have jobs in the United States. Industries Locations Advertising/Public Relations New York (3) Consulting District of Columbia, Massachusetts (3), New York (6) Education Colorado, New York, Pennsylvania, Texas Financial Services Pennsylvania (4), New York (11), Texas Healthcare New York (2) Hospitality Leisure/Sports New York Insurance New York Legal Services Florida, Pennsylvania Manufacturing Connecticut Media/Entertainment Pennsylvania Non-Profit Pennsylvania Real Estate District of Columbia, New Jersey Retail California, New Jersey (2), New York (2) Technology California, Washington (2) For a list of specific U.S.