Darden | Mr. Tech To MBB
GMAT 710, GPA 2.4
Harvard | Mr. Hedge Fund
GMAT 740, GPA 3.8
INSEAD | Mr. Future In FANG
GMAT 650, GPA 3.5
Wharton | Mr. Investment Associate
GMAT 700, GPA 3.67
Berkeley Haas | Mr. Army Officer
GRE 325, GPA 3.9
Harvard | Mr. Italian In Tokyo
GMAT (710-740), GPA 4.0
Kellogg | Ms. Public School Teacher
GRE 325, GPA 3.93
Stanford GSB | Ms. Education Reform
GRE 331 (Practice), GPA 2.92
Kellogg | Mr. IDF Commander
GRE Waved, GPA 3.0
Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Berkeley Haas | Mx. CPG Marketer
GMAT 750, GPA 3.95
Yale | Mr. Healthcare Geek
GMAT 680, GPA 3.5
USC Marshall | Mr. Low GPA High GMAT
GMAT 740, GPA 2.44
Berkeley Haas | Ms. Against All Odds
GMAT 720, GPA 2.9
Harvard | Mr. MedTech Startup
GMAT 740, GPA 3.80
INSEAD | Mr. INSEAD Hopeful
GMAT -, GPA 2.9
Chicago Booth | Mr. Consulting Hopeful
GMAT 720, GPA 3.6
Kellogg | Mr. Operations Analyst
GMAT Waived, GPA 3.3
Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Wharton | Mr. Senior Analyst
GMAT 750, GPA 3.2
Stanford GSB | Mr. Future VC
GMAT 750, GPA 3.6
Stanford GSB | Ms. Access To Opportunities
GRE 318, GPA 2.9
Tuck | Mr. Product Marketer
GMAT 730, GPA 3.1
Wharton | Ms. Finance For Good
GMAT 730, GPA 3.7
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
London Business School | Mr. Midwest Engineer
GMAT 750, GPA 3.69

Where Wall Street Gets Its Finance MBAs

Of 32 programs examined by Poets&Quants, IESE’s finance-bound MBAs nabbed the biggest sign-on bonuses, at a median of US$50,916. UCLA’s Anderson School of Management was the top U.S. school for bonuses, reporting a median $47,750. Courtesy photo

BOTTOM LINE ON THE BOTTOM LINE

There are other rewards in finance besides salary, of course. Sign-on bonuses have been creeping upward in the last few years (as has “other” compensation — moving expenses, stock options, benefits, etc.), and here, Harvard, Wharton, and Columbia not necessarily have the edge. In fact, Columbia has among the lowest reported median sign-on bonuses, at $32,500, though Mendoza ($23,000), the University of Minnesota’s Carlson School of Management ($31,000), and — somewhat surprisingly — Stanford ($25,000) are lower among the schools reporting bonus data.

The highest median bonuses were paid to MBAs from IESE in Barcelona, Spain, who earned the equivalent of US$50,916 just for signing on the dotted line. In the U.S., UCLA Anderson ($47,750), MIT Sloan School of Management ($47,625), Dartmouth College’s Tuck School of Business ($47,500), and Michigan Ross ($47,500) led the way in median bonuses.

Of course, greater rewards await a lucky few who get into a few selective sub-sectors of finance that pay among the highest compensation packages to MBA graduates, such as private equity and venture capital. The schools that sent the most MBAs into those two fields? Stanford, Harvard, and Wharton — the same three schools that have fueled those fields for years. Booth (6.7%) and Columbia (6.6%) also give generously to the PE/VC sub-sector.

At Columbia, the top finance fields are investment banking (13.9%) and investment management (10.9%). But NYU Stern dominates investment banking, sending aa whopping 28.2% of its MBAs into this sub-sector. And in a bit of a surprise, UCLA Anderson sends almost as many MBAs (10.5%) into investment banking as Yale SOM (11.7%).