Kellogg 2022 MBA Jobs Report: Median Salary Jumps 10% To $165K

Source: Northwestern Kellogg

16% OF KELLOGG GRADS GO INTO FINANCE, ESPECIALLY PE/VC

The other major sector, finance, drew 16% of Kellogg’s 2022 two-year MBA class, up from 14% last year, with a median base salary of $170,000. Kellogg MBAs who go into finance gravitate toward private equity and venture capital firms, a reflection of their “growing passion for startups and entrepreneurship,” Kirkpatrick writes. Among the top hiring VC firms this year are Baird Capital Partners and SuRo Capital.

Among other industries, consumer packaged goods drew 10% of the 2022 class, up from 8% in each of the previous three classes, and healthcare drew 4%, down from 6% in 2021.

“Landing the first job of their career post-Kellogg was one of the highlights of their experience,” Kirkpatrick writes of the entire graduating class. “We worked with these students throughout the process, equipping them with a special combination of skills gained through the well-rounded Kellogg experience, providing them with resources and tools from the Career Management Center and supporting them through our robust global alumni network.”

48% OF 2022 KELLOGG MBAs WENT TO WORK ON THE COASTS

By virtue of its location, Kellogg has long been one of the top pipelines of Midwest business talent, and that remained true in 2022 as the largest bloc of graduates took jobs in the region, mostly Chicago. But a combined 48% found work either in the Northeast (including record numbers in New York and Boston) or the West Coast, a reflection of “Kellogg’s strong relationships with alumni and employers on the coasts,” Kirkpatrick writes.

“Throughout the recruiting process, students know they can rely on the 67,000+ strong alumni network,” she writes. “Kellogg alumni are renowned for their ‘pay-it-forward’ mentality, and for sharing their advice and connections to help students land their dream jobs.

“The demand for agile, collaborative leaders is stronger than ever. And as these graduates’ successes show, Kellogg is where the world’s top organizations find their next generation of leaders. We are proud to prepare our students not just for their next job, but for their third, fourth and onward for years to come, over a lifetime of personal and professional success.”

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