College of Arts & Sciences Undergraduate 5 Year Out Alumni Survey (for Classes of 2006-2007) Table of Contents Employment Trends…………………………………………………………………………………………………………..2 Educational Attainment……………………………………………………………………………….…………………….2 Employment Breakdown by Industry………………………………………………………….……………………..3 Salary Data…………………………………………………………………………………………….…………………………. 4 Current and First Job Comparison………………………………………………… 4 Gender Statistics………………………………………………………………………….. 4 Median & Average Salary Comparison……..…………………………………… 5 Salary by Industry Overview………………………………………………………… 5 Current Salary by Job Function………………………………………………….…. 7 Geographic Location of Employed Alumni……………………………………………….………………………. 6 Jobs by Industry……………………………………………………………………………………………..…………………10 Jobs by Major………………………………………………………………………………………………….………………. 25 Graduate Degrees Attained and Schools Attended…………………………………………………………...45 Reflections on Skills Developed in College……………………………………………………………………….. 53 Methodology: The College Undergraduate Alumni Survey for the Classes of 2006 and 2007 was developed to provide insight into the different career pursuits of graduates five years after graduation. Emails containing a link to an online survey were sent to alumni during summer 2012. The response rate for the 2006/2007 survey across all Penn undergraduate schools was 34.3% and 992 College undergraduate alumni completed the survey. Report prepared by: Anne Marie Gercke, Associate Director Tatiana Vasilikioti, Student Assistant Claire Klieger, Senior Associate Director 1 College of Arts & Sciences Undergraduate 5 Year Out Alumni Survey (for Classes of 2006-2007) Total number of responses from College Alumni: 987 Total number surveyed across all Penn undergraduate schools: 4,610 Response rate across all Penn undergraduate schools: 34.3% Class of 2006-2007 Employment Trends Employed Self- part-time Employed Other 2% 1% (including Primary Pursuit # % family care) Employed full-time 685 69% Seeking 1% employment Attending graduate 3% school 238 24% Attending Seeking employment 27 3% graduate Employed part-time 16 2% school 24% Self-Employed 12 1% Other (including Employed family care) 9 1% full-time 69% Note: Some respondents were working and attending graduate school simultaneously. Class of 2006-2007 Educational Attainment MBA/Business 10% PhD 69% (681) have completed or are currently 6% enrolled in an advanced degree program. Medical (MD, Bachelors Only DO, DDO, 106 alumni reported earning or being enrolled 28% in a second advanced degree. VMD, PsyD) 13% 35 alumni reported non-degree Masters (Non- post-baccalaureate studies (including JD/Law MBA) 18% certificates and pre-medical studies) 25% Graduate Study by Degree, 106 reporting multiple degrees 2 Employment Breakdown by Industry, 752 reporting industry Energy Real Estate Other Manufacturing 2% 2% 3% Communications 2% 8% Retail/Wholesale 4% Technology 5% Legal Services Consulting 16% 7% Nonprofit 7% Healthcare 13% Financial Government Education 7% Services 12% 12% Trends on Career Paths The alumni survey contained a variety of questions to collect information on trends of the career paths of respondents including whether they took time off from work since graduation, the number of years they have been in their current job and the number of employers they worked with since graduation. Time Off All 21% took time off Men 21% took time off Women 21% took time off Average Number of Years in Current Job All 2 (range .25 - 7) Men 1.9 (range .25 – 7) Women 2 (range .25 – 6) Average Number of Employers Since Graduation All 2.3 (range 1 - 11) Men 2.3 (range 1 – 11) Women 2.4 (range 1 – 10) 3 Classes of 2006-2007 Salary Data SALARY: Current and First Job Salary Comparison First Job Salary* Current Job Salary* Percentage of (695 went straight to work; (697 currently employed full-time; Increase 386 reported salary) 423 reported salary) Salary Range $20,000 - $175,000 $20,000 - $240,000 N/A Median salary $42,000 $70,000 67% Average salary $46,836 $84,447 80% BONUSES: Current and First Job Bonus Comparison First Job Bonus Current Job Bonus (217 reported earning a bonus; (246 reported earning a bonus; 179 reported bonus amount) 185 reported bonus amount) Bonus Range $250 - $100,000 $1,000 - $500,000 Median bonus $10,000 $15,000 Average bonus $19,459 $38,313 Gender Statistics Gender Statistics for Current Salary* Men (178) Women (220) Salary Range $30,000 - $225,000 $20,000 - $225,000 Median $80,000 $62,500 Average $90,464 $77,574 Gender Statistics for First Salary* Men (146) Women (167) Salary Range $20,000 - $100,000 $20,000 - $95,000 Median $50,000 $40,000 Average $50,454 $42,991 *Does not include salaries below $20,000 4 Median & Average Salary Comparison by Gender Salary by Industry Overview Industry Average Salary Range Communications $57,151 $20,000-120,000 Consulting $87,946 $31,000-140,000 Education $50,147 $30,000-100,000 Financial Services $101,437 $20,000-225,000 Government/Military $66,413 $40,000-98,000 Healthcare/Medicine $55,286 $20,000-180,000 Energy $94,337 $57,200-180,000 Law/Judiciary $141,182 $40,000-185,000 Hospitality/Leisure/Sports $60,500 $36,000-106,000 Non-Profit/Public Interest $53,369 $24,000-106,000 Manufacturing $54,571 $30,000-145,000 Real Estate/Construction $69,900 $20,000-130,000 Retail/Wholesale $92,699 $63,750-200,000 Technology $97,388 $51,000-140,000 5 Geographic Location of Employed Alumni – Domestic Country (*denotes returned to home country) 8% of Penn alumni working full time five years after graduation are doing so internationally, in 28 different countries. Japan 2 Afghanistan 1 Republic of Korea 2 (1*) Argentina 1 Madagascar 1 Australia 1* Mexico 2 Bosnia 1* Netherlands 1 Chile 1 Panama 1 China 4 (1*) Peru 1 Columbia 1 Singapore 6 Dominican Republic 1 Swaziland 1 France 1 Taiwan 1 Hong Kong 3 Tanzania 1 Hungary 1 Turkey 1 India 2 United Kingdom 13 Israel 1 Zimbabwe 1 6 College of Arts and Sciences Class of 2006-2007 Current Salary by Job Function (Less than 3 salaries not reported) Number Returned with Salaries Average Range Accounting Public Accounting 1 --- --- Internal Accounting 4 $61,500 $45,000 - $86,000 Architecture Architecture 1 --- --- Arts & Culture Administration 2 --- --- Fine/Visual Arts 1 --- --- Performing Arts 1 --- --- Communications & Media Advertising/Account Management 6 $72,833 $50,000 - $85,000 Announcing/On-Air Reporting 2 --- --- Journalism/Editing/Other Writing 9 $53,577 $20,000 - $90,000 Public Relations 3 $60,300 $57,000 - $65,000 Production 3 $49,000 $32,000 0 $60,000 Consulting Research 6 $73,333 $56,000 - $93,000 Technical/Information Systems 3 $90,833 $62,500 - $105,000 Management/Strategy 16 $98,337 $60,000 - $135,000 Other Consulting 7 $88,214 $50,000 - $140,000 Economics Economic Research/Econometrics 2 --- --- Education Administration 7 $51,964 $38,750 - $80,000 Teaching 20 $49,486 $36,500 - $71,000 Research 2 --- --- Energy/Environment Management & Policy 3 $69,861 $42,000 - $90,000 Research 1 --- --- Financial Services Commercial Banking 1 --- --- Financial Planning & Analysis (non-banking) 6 $141,400 $70,000 - $225,000 Investment Banking 6 $100,000 $60,000 - $135,000 Investment Management/Counseling 11 $105,522 $50,000 - $165,000 7 Private Equity 7 $92,857 $30,000 - $135,000 Sales 2 --- --- Securities Research 3 $143,333 $90,000 - $200,000 Trading 6 $108,666 $75,000 - $160,000 Venture Capital 2 --- --- Government Intelligence/Law Enforcement 3 $71,000 $70,000 - $72,000 Lobbying 2 --- --- Military Personnel 1 --- --- Policy Research/Analysis 12 $56,083 $40,000 - $70,000 Public Management 4 $59,600 $40,000 - $86,000 Health Care Allied Health Professional 4 $59,453 $33,000 - $78,815 Dentist 2 --- --- Health Care Policy/Management 1 --- --- Physician 45 $51,143 $40,000 - $62,500 Public Health Administration 4 $51,400 $33,000 - $72,000 Information Technology Product Designer 1 --- --- Program Manager 1 --- --- Technical Support 2 --- --- Technology Analysis 2 --- --- Insurance Actuarial 1 --- --- Sales 1 --- --- Law Government/Non-Profit Attorney 10 $73,043 $46,000 - $92,000 Law Firm/Corporate Attorney 65 $139,884 $40,000 - $185,000 Management Entrepreneur 5 $81,000 $20,000 - $140,000 General Management 6 $84,000 $51,000 - $110,000 Operations 10 $97,600 $50,000 - $200,000 Human Resources/Personnel/ 4 $51,300 $45,000 - $58,000 Labor Relations Office Management/Administrative 1 --- --- Assistant Marketing & Advertising Product/Brand Management 13 $76,385 $36,000 - $102,000 Sales/Sales Account Management 5 $65,750 $30,000 - $90,000 Marketing Analysis/Research 6 $78,500 $70,000 - $90,000 New Business Development 7 $94,786 $53,500 - $140,000 8 Buying/Merchandising 3 $105,582 $88,000 - $118,745 Mathematics Applied Math 1 --- --- Statistics 1 --- --- Not-for-Profit Administration 1 --- --- Clergy 1 --- --- Direct Service 4 $34,250 $20,000 - $45,000 Fund Raising/Promotion 5 $52,400 $24,000 - $65,000 Policy 5 $59,200 $38,000 - $70,000 Program Evaluation 1 --- --- Program Planning 8 $55,750 $45,000 - $65,000 Nursing Teaching 1 --- --- Real Estate Property Management 1 --- --- Real Estate Investment Analyst 2 --- --- Scientific Research Chemistry 1 --- --- Biology/Biochemistry 2 --- --- Biomedical 2 --- --- 9 Jobs by Industry (Less than 3 responses not reported) Industry Employer Department, Job Title Communications 90210 Casting, Casting Associate Adult Swim N/A, Comedy Writer AOL Business Development, Senior Manager Azteca America Media Research, Research Coordinator Blizzard Entertainment Global Customer Support Operations, Business Analyst BMG Chrysalis Investments,