College of Arts & Sciences Undergraduate Class of 2011 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 Deceember 2010, May and August 2011 Bachelor of Arts degree recipients. CONTENTS Section Page Summary 2 Salary Overview 3 Interviews, Offers, and Geographic Locations 4 Top Employers & Graduate Schools 4 Undergraduate Salaries by Industry 5 Undergraduate Salaries by Job Type 6 Graduate Study and Full-Time Employment by Major 8 Full-time Employment by Employer Organization and Major 35 Methodology Students were asked via several e-mail requests during Spring 2011 to compllete an online version of the Career Plans Survey. Follow-up emails/surveys were sent between June and Novembber 2011 to those students who had not responded or had previously indicated they were “still seeking.” A total of 1,201 surveys were returned, resulting in a 74% response rate. Prepared in December 2011 by: Kelly Cleary, Senior Associate Director Kamila DeAngelis, Administrative Assistant 1 CAREER PLANS SURVEY College of Arts and Sciences - Class of 2011 PRIMARY POST-GRAD PLANS, 2011 Seeking Seeking Other Primary Post-Grad Plans, Graduate Employment 1% 2011 School 7% College of Arts & Sciences 2% Full-Time Employed 56% 671 Intern/ Short-Term 6% 70 Other Education Part-Time Employment 2% 20 2% Graduate School 24% 288 Other Education 2% 30 Graduate Seeking Graduate School 2% 26 School 24% Full‐time Seeking Employment 7% 87 Employed Other/Travel 1% 9 56% Number of degrees awarded: 1,632 Number of surveys returned: 1,201 Part‐time Response Rate: 74% Employed Intern/ 2% Short‐term 6% EMPLOYMENT INDUSTRIES FIELD OF GRADUATE STUDY Other Retail/ Hospitality/ Business Manufacturing Education Professional Wholesale Leisure/Sport 2% 2% 5% 4% 3% 2% Other Other Technology 2% Medicine/ 5% Health Legal Finance 6% 22% 5% Medicine 30% Government Social 5% Sciences 8% Healthcare Arts & 5% Humanities Education 8% 18% Nonprofit/ Science/Math Social Communi‐ Technology cations Services 11% Law 6% 9% Consulting 26% 16% SUMMARY School Breakdown: College of Arts and Sciences only: 1,070 (includes 28 submatriculants into GSAS) College/Wharton: 103 College/SEAS: 27 College/Nursing: 1 Gender Breakdown: responses from women 637 (53%); from men 554 (47%) Average Salary: $ 50,834 Range: $18,000 - $90,000 Offers: 44% of those working full-time received their job offers through On-Campus Recruiting or other Career Services leads. (272 of 613 reporting how they received their offer) Date of Receipt of Offer: 77% had offers by the end of May 2011 (458 of 596 reporting offer date) (Full-time) 40% had offers by the end of December 2010 (239 of 596 reporting offer date) 2 SALARY INFORMATION Average Salary, 2007‐2011 $52,000.00 $50,834.00 $51,000.00 $50,000.00 $48,794.00 $49,000.00 $48,000.00 $47,426.00 $46,996.00 $47,000.00 $46,288.00 $46,000.00 $45,000.00 $44,000.00 2007 2008 2009 2010 2011 CLASS OF 2011 SALARY DATA Total number employed full-time: 671 Total number reporting salary: 528 Average Salary* $ 50,834 Range: $18,000-$90,000 Average Salary – male (264) $ 54,265 $18,000-$90,000 Average Salary – female (263) $ 47,377 $18,000-$80,000 (*omits stipends below $18,000) Salary Breakdown by School School Average Salary Average Signing Bonus % Receiving Bonus College Only (n=429) $47,125 $7,069 (136 reported) 29% College/GSAS (n=5) $52,924 --- --- --- --- --- --- College/Nursing (n=1) --- --- -- --- --- --- --- --- --- College/SEAS (n=11) $67,455 $8,200 (11 reported) 90% College/Wharton (n=82) $67,879 $8,754 (68 reported) 85% Additional Compensation Receiving annual bonus: 50% (320 of 643 reporting) Relocation expenses covered: 20% Signing bonus provided: 38% (average signing bonus = $7,659 range = $1,000 - $15,000) Average Salary by Industry Industry Average Salary 2011 # salaries reported Average Salary 2010 # salaries reported Communications $37,021 35 $36,175 45 Consulting $57,806 105 $56,743 95 Education $33,577 82 $34,581 80 (elementary/secondary & higher education) Financial Services $65,991 147 $63,184 121 Government $37,939 21 $38,353 30 Health (including $34,197 32 $36,743 38 medical schools) Legal $41,462 26 $37,960 25 Manufacturing $55,673 12 $52,474 12 Not-for-Profit/Social $34,039 21 $32,192 30 Service Retail/Wholesale $46,924 22 $43,857 13 Technology $52,900 30 $53,558 26 3 EMPLOYMENT INTERVIEWS AND OFFERS, COLLEGE CLASS OF 2011 44% of those working full-time received their job offers through On-Campus Recruiting or other Career Services leads. Interviews through On-Campus Recruiting Average # of 1st Interviews: 4.7 (Range: 0 - 99) Average Number of Offers: .7 (Range: 0-10) Interviews through Other Career Services Options (PennLink, distribution lists, career fairs, Alumni Career Network) Average # of 1st Interviews: 1.4 (Range: 0 -50) Average Number of Offers: .7 (Range: 0-8) Interviews Outside of Career Services Average # of 1st Interviews: 2.9 (Range: 0-25) Average Number of Offers: 1 (Range: 0-8) Total Number of Interviews Average # of 1st Interviews: 6.5 (Range: 0-60) Average Number of Offers: 1.6 (Range: 0-8) DATE OF RECEIPT OF JOB OFFER METHOD OF OBTAINING ACCEPTED JOB OFFER Prior to start of school year 10% On Campus Recruiting (OCR) 24% September – December 2009 30% Applied Directly to Organization 20% January – March 2010 15% Contacts/Family/Friend/Alumni 17% April – May 2010 22% Other Career Services Leads 12% June – August 2010 18% Previous Employer/Internship 9% September – October 2010 5% Previous Employer/Internship from OCR 8% Internet Job Site/Advertisement 3% (77% had offers by the end of May) Professor/ Department Referral 3% Other 4% GEOGRAPHIC LOCATION OF EMPLOYED STUDENTS (Including Short-Term) (note: not all students provide this information) State Number State Number Country Number Country Number AR 1 MO 3 Canada 3 Nicaragua 1 AZ 2 MS 1 Chile 1 Paraguay 1 CA 57 NC 5 China 8 Peru 1 CO 4 NJ 21 Colombia 1 Singapore 5 CT 11 NM 1 Egypt 1 Somalia 1 DC 41 NV 1 France 4 Spain 4 DE 1 NY 259 Germany 2 Sri Lanka 1 FL 8 OH 5 Hong Kong 4 Taiwan 1 GA 3 PA 142 India 3 Thailand 1 HI 2 TN 2 Israel 3 Turkey 1 IL 9 TX 9 Japan 1 United Arab Emirates 1 KY 3 VA 14 South Korea 1 United Kingdom 8 LA 5 WA 8 Laos 1 MD 15 WI 3 Malaysia 1 ME 1 WW 1 Mexico 1 MN 1 New Zealand 1 TOP EMPLOYERS TOP GRAD SCHOOLS Teach for America (33) Barclay’s Capital (7) University of Pennsylvania (70) University of Pennsylvania (31) Children’s Hospital of Philadelphia (7) Columbia University (18) Goldman Sachs (13) Bain & Company (6) Harvard University (18) Macy’s (13) UBS (6) New York University (16) University of Pennsylvania, School of Citi (12) Medicine (6) Yale University (10) J.P. Morgan (11) Bank of America Merrill Lynch (5) Stanford University (7) Google (10) National Institutes of Health (5) Thomas Jefferson University (6) Deloitte Consulting (9) Abercrombie & Fitch (4) Georgetown University (6) Boston Consulting Group (8) Accenture (4) Temple University (5) Credit Suisse (8) BlackRock (4) London School of Economics (5) Morgan Stanley (8) French Ministry of Culture (4) Emory University (5) Oliver Wyman (8) ZL Technologies (4) Career Services. McNeil Building. Suite 20. www.vpul.upenn.edu/careerservices/ 4 COLLEGE OF ARTS AND SCIENCES 2010 - 2011 Undergraduate Salaries by Industry (less than 3 salaries not reported) Number Returned with Salaries Average Range Accounting 1 --- --- Communications Advertising/Public Relations 17 $36,142 $23,520 – $50,000 Media/Entertainment 11 $30,436 $22,200 – $42,000 Publishing/Printing 7 $40,500 $32,500 – $64,000 Consulting 105 $57,806 $25,000 – $75,000 Design 0 --- --- Education Elementary/Secondary 34 $37,744 $18,000 – $55,000 For Profit Education 4 $34,410 $26,640 – $40,000 Higher Education 20 $31,431 $22,000 – $40,000 Pre-School/Nursery 1 --- --- Research Labs/Centers (Higher Education) 23 $29,511 $19,000 – $35,000 Energy/Natural Resources/Utilities 1 --- --- Financial Services 147 $65,991 $30,000 – $90,000 Government Federal Government 8 $41,416 $30,000 – $50,620 Local Government 4 $39,375 $34,000 – $49,000 Non-U.S. Government Service 4 $38,500 $32,000 – $46,000 State Government 1 --- --- U.S. National Laboratories 4 $31,100 $27,200 – $42,800 Health Care Community/Public Health Center 1 --- --- For Profit/Private Health Care Provider 1 --- --- Health Maintenance Organization 5 $34,640 $20,000 – $50,000 Hospital 24 $34,246 $18,000 – $51,000 Nursing Home/Long Term Care Facility 1 --- --- Hospitality/Leisure/Sports 4 $44,250 $37,000 – $60,000 Insurance 5 $51,600 $40,000 – $65,000 Legal Services 26 $41,462 $25,000 – $50,000 Manufacturing Aerospace 0 --- --- Biomedical Products/Pharmaceuticals 1 --- --- Chemicals/Gases 2 --- --- Computer Products (hardware) 0 --- --- Consumer Products (*food, household and personal care) 5 $45,600 $35,000 – $55,000 Electronics/Robotics 0 --- --- Telecommunications 0 --- --- Other 4 $68,520 $68,000 – $70,000 Non-Profit/Education/Public Service Cultural Institution/Arts and Cultural Affairs 5 $28,400 $22,000 – $33,000 Public Interest/Advocacy 14 $37,416 $30,000 – $55,000 Social Services 2 --- --- Real Estate/Construction 4 $53,500 $42,000 – $70,000 Retail/Wholesale 22 $46,924 $26,600 – $56,000 Transportation 0 --- --- Technology 30 $52,900 $21,600 – $90,000 Other 0 --- --- Career Services. McNeil Building. Suite 20. www.vpul.upenn.edu/careerservices/ 5 COLLEGE OF ARTS AND SCIENCES 2010 - 2011 Undergraduate Salaries by Job Type (less than 3 salaries not reported)