MIT Sloan | Mr. NFL Team Analyst
GMAT 720, GPA 3.8
London Business School | Mr. Consulting To IB
GMAT 700, GPA 2.4
Kellogg | Mr. Big Beer
GMAT Waived, GPA 4.0
Harvard | Ms. Indian Quant
GMAT 750, GPA 7.54/10
Darden | Mr. Corporate Dev
GMAT Waived, GPA 3.8
Duke Fuqua | Mr. CPA To Finance
GMAT 700, GPA 3.5
Wharton | Mr. Big 4
GMAT 770, GPA 8/10
Wharton | Ms. General Motors
GRE 330, GPA 3.2
Stanford GSB | Mr. Venture Lawyer
GRE 330, GPA 3.4
Wharton | Ms. Project Mananger
GMAT 770, GPA 3.86
Stanford GSB | Ms. Digital Health
GMAT 720, GPA 3.48
Yale | Mr. Philanthropy Chair
GMAT Awaiting Scores (expect 700-720), GPA 3.3
Stanford GSB | Mr. MBA Class of 2023
GMAT 725, GPA 3.5
Foster School of Business | Mr. Construction Engineer
GMAT 710, GPA 2.77
Ross | Mr. Stockbroker
GMAT 700, GPA 3.1
Harvard | Mr. Harvard Hopeful
GMAT 740, GPA 3.8
Stanford GSB | Mr. LGBTQ
GMAT 740, GPA 3.58
Kellogg | Mr. Risky Business
GMAT 780, GPA 3.5
Kellogg | Mr. CPA To MBA
GMAT Waived, GPA 3.2
UCLA Anderson | Mr. Southern California
GMAT 710, GPA 3.58
Harvard | Ms. World Explorer
GMAT 710 (aiming for 750), GPA 4.33/5
Ross | Mr. Brazilian Sales Guy
GRE 326, GPA 77/100 (USA Avg. 3.0)
Kellogg | Ms. MBA For Social Impact
GMAT 720, GPA 3.9
Berkeley Haas | Mx. CPG Marketer
GMAT 750, GPA 3.95
NYU Stern | Mr. Washed-Up Athlete
GRE 325, GPA 3.4
Kellogg | Mr. White Finance
GMAT Not Taken, GPA 3.97
Stanford GSB | Ms. Russland Native
GMAT 700, GPA 3.5

What MBA Grads Made In 2014 & Why This Year Could Be The Best Ever

money

The positive change in the market for MBAs is not merely a function of a vastly improved economy. It also reflects significant investment by schools in career development and corporate recruiting. Business schools–more than any other professional schools in higher education–have never been better at placing their students into the job market.

Since the Great Recession, most schools have embedded career planning and coaching into their MBA programs and play more of an early role in shaping their students for employers. At many schools, career counselors are paired with students even before they show up on campus. A portfolio of one-on-one coaching, mentorship, along with sessions on resume prep, interviewing skills, networking alumni, and determining best fit for a job and an industry are now commonplace. Employers are responding to the product, noticing how impressive the talent coming out of business schools has become and also how extraordinarily well they are trained to hit the ground running–more so than at any other time.

Median Pay & Job Offers For The Class of 2014

 

SchoolMedian BaseSign-on BonusOther BonusJackpotGraduation OffersOffers 3 Months Later
Harvard$125,000$25,000$34,700$184,70088.0%93.0%
Stanford$125,000$25,000$31,500$181,50080.O%94.O%
Wharton$125,000$25,000$27,000$177,00088.0%98.0%
MIT Sloan$124,400$25,000$20,000$169,40085.9%94.6%
Kellogg$120,000$25,000—–**$145,00085.0%94.0%
Chicago$120,000$25,000$26,000$171,00089.8%98.0%
UC-Berkeley$120,000$26,865*$31,107*$177,97279.0%92.0%
Columbia$119,400$25,000$22,390$166,79083.0%97.O%
Dartmouth (Tuck)$116,000$25,000$25,000$166,00091.O%98.O%
Michigan (Ross)$115,000$25,000$16,750$156,75089.O%93.O%
Carnegie Mellon (Tepper)$113,250$25,000$10,000$148,25079.0%90.O%
Duke (Fuqua)$111,000$25,000$15,000$151,00087.O%94.O%
Yale$110,000NA$35,000$145,00080.O%93.O%
New York (Stern)$110,000$30,000$20,000$160,00081.O%94.O%
UCLA (Anderson)$110,000$25,000$15,000$150,00075.O%90.O%
Virginia (Darden)$110,000$25,000$9,500$144,50089.O%94.O%
Cornell (Johnson)$106,000$25,000$12,500$143,50087.O%92.O%
UNC (Kenan-Flagler)$100,000$25,000$16,625$141,62581.O%92.O%
Texas-Austin (McCombs)$105,000$25,000$12,600$142,60080.O%94.O%
Indiana (Kelley)$104,000$20,000$11,000$135,00084.O%93.O%
Emory (Goizueta)$100,000$25,000$12,500$137,00090.4%98.0%
Vanderbilt (Owen)$100,000$15,000$12,000$127,00083.O%94.O%
Washington (Olin)$100,000$15,000NA$115,00086.O%97.O%

Source: Business school employment reports & P&Q reporting

Notes: Jackpot refers to graduates receiving the median of all three forms of compensation: salary, signing bonus, and other year-end guaranteed bonus. Not all graduates are given all three. At Stanford, for example, sign-on bonuses this year were collected by half the class, while 38% of the MBAs received other year-end guaranteed compensation. An asterisk indicates average numbers rather than medians. An asterisk indicates a mean, rather than median, number. ** Kellogg is the only school that did not report other year-end guaranteed income.

Differences in pay often reflect industry choices and geography. Stanford’s higher median base can largely be attributed to the fact that 12% of this year’s class went into private equity, which currently pays the most lucrative comp packages to MBAs. The median PE starting base salary this year was $170,000. At Tuck, for example, only 4% of this year’s class went into private equity and the base for those PE jobs was just $120,000.

DON’T MISS: BEST & WORST MBA JOB PLACEMENT AT TOP BUSINESS SCHOOLS or STANFORD MBAS SHIFT AWAY FROM TECH

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.