INSEAD | Mr. Product Manager
GMAT 740, GPA 63%
Kellogg | Ms. Sustainable Development
GRE N/A, GPA 3.4
UCLA Anderson | Mr. SME Consulting
GMAT 740, GPA 3.55 (as per WES paid service)
Kellogg | Mr. Concrete Angel
GRE 318, GPA 3.33
Chicago Booth | Mr. Unilever To MBB
GRE 308, GPA 3.8
Chicago Booth | Mr. Healthcare PM
GMAT 730, GPA 2.8
Harvard | Mr. Finance
GMAT 750, GPA 3.0
Harvard | Mr. Defense Engineer
GMAT 730, GPA 3.6
Wharton | Mr. Future Non-Profit
GMAT 720, GPA 8/10
Harvard | Mr. Military Quant
GMAT 730, GPA 3.6
Harvard | Mr. Healthcare PE
GRE 340, GPA 3.5
Harvard | Ms. Female Sales Leader
GMAT 740 (target), GPA 3.45
Harvard | Mr. Renewables Athlete
GMAT 710 (1st take), GPA 3.63
Kellogg | Ms. Big4 M&A
GMAT 740, GPA 3.7
Duke Fuqua | Mr. Army Aviator
GRE 314, GPA 3.8
Harvard | Ms. Gay Techie
GRE 332, GPA 3.88
INSEAD | Mr. INSEAD Aspirant
GRE 322, GPA 3.5
Chicago Booth | Ms. Indian Banker
GMAT 740, GPA 9.18/10
MIT Sloan | Ms. Rocket Engineer
GMAT 710, GPA 3.9
Stanford GSB | Mr. Army Engineer
GRE 326, GPA 3.89
Duke Fuqua | Mr. Salesman
GMAT 700, GPA 3.0
Tuck | Mr. Liberal Arts Military
GMAT 680, GPA 2.9
Columbia | Mr. Energy Italian
GMAT 700, GPA 3.5
Duke Fuqua | Mr. Quality Assurance
GMAT 770, GPA 3.6
Harvard | Mr. African Energy
GMAT 750, GPA 3.4
NYU Stern | Ms. Luxury Retail
GMAT 730, GPA 2.5
Stanford GSB | Ms. Russland Native
GMAT 700, GPA 3.5

MBA Salaries Jump 12% To New Record At NYU Stern

The inaugural cohort of Stern’s Fashion & Luxury MBA drew beauty, fashion, consulting and retail technology employers looking for specialized industry expertise and generalized management skills. NYU Stern photo

Things have looked pretty solid on the internship front for Stern MBA students over the last three summers. In that span, more than half of MBAs (50.6%) secured their interviews through school-facilitated interviews, while just under a quarter — 23.3% — got their summer gigs through on-campus postings. For the Class of 2019, 100% of students seeking internships secured them. In the Class of 2020, more than 86% found their summer internship directly through a Stern-supported activity.

Source: NYU Stern

Top internship employers of Stern MBAs in the summer of 2019 were JPMorgan and McKinsey with 16 each, followed by Amazon with 15, Deloitte with 14, and BCG and Credit Suisse with 12 apiece. Last year the top internship employers were Amazon (18), Deloitte (16), PwC (15), and BCG and McKinsey, each with 14 interns.

Intern pay has risen as well. While far fewer Stern MBA students sought internships in the summer of 2019 (337, down from 384 the year before, a more than 12% decline), those who did were paid about 12% more per week: $2,388 compared to last summer’s $2,133. U.S. citizens and and permanent residents and those with work authorizations made only slightly more than internationals, $2,393 over $2,376; that’s a year-to-year increase of 11.8% for the former and 13% for the latter.

CHECKING IN WITH GRADS OF STERN’S 1-YEAR MBA PROGRAMS

Simultaneously with the release of its 2019 full-time MBA employment report, the Stern School published a preliminary update on its two new one-year MBA programs, the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, whose first cohorts graduated in May 2019. The school is “continuing to track hiring for these new one-year programs” but reports that most grads of the Andre Koo program (31%) went into project management, followed by management consulting (13.8%), business development/sales (13.8%), data analytics (10.3%), and general management (10.3%).

Nearly all — 93.5% — accepted offers or started their own businesses by three months post-graduation. They made an average full-time salary of $129,015 and received average an average signing bonus of $26,345.

“Last year, we welcomed the inaugural cohorts of Stern’s focused full-time MBA programs: the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, which drew both existing and new recruiters to campus,” Beth Briggs says. “For the Andre Koo Tech MBA, industry outcomes we’ve tracked so far are diverse and include technology, financial services and healthcare. Students have accepted job offers in tech functional roles ranging from product and program management, to technical solutions, data analytics, operations and strategy. They are choosing companies that suit their career goals, from dynamic startups to firms such as Amazon, American Express, Uber, and Microsoft.”

Source: NYU Stern Andre Koo Technology and Entrepreneurship MBA Employment Update

Most grads of the Fashion & Luxury MBA went into general marketing (25%), retail consulting (12.5%), brand management (12.5%), general management (12.5%), or merchandising (12.5%). Nearly two-thirds, 61.5%, accepted offers or started their own businesses by three months post-graduation; they made an average full-time salary of $116,517, and received an average signing bonus of $20,833.

“For the Fashion & Luxury MBA program, students are securing roles at a pace that matches the nature of this networked and just-in-time hiring sector,” Briggs says. “They will be working in verticals such as beauty, fashion, consulting and retail tech with companies including Coach, L’Oréal, Macy’s, Tom Ford, and more.”

Source: NYU Stern Fashion & Luxury MBA Employment Update

See the next page for more data from the 2019 NYU Stern School of Business employment report.