Tepper School Employment Report SummaryFINANCE Analytics Asset Management Corporate...

2018 Tepper School Employment Report Summary

Letter from the Executive Director

On behalf of the students, faculty and

staff of the Tepper School of Business,

it’s my pleasure to thank the recruiting

partners with whom we work each day.

The level of excitement at the Tepper School

is palpable after relocating to our new

315,000-square-foot facility, the David A.

Tepper Quadrangle. This transformative

project is intended to promote strategic

interaction and collaboration across

the University, effectively placing the

Tepper School of Business at the center

of interdisciplinary innovation, creativity

and entrepreneurship at Carnegie Mellon.

Along with a move across campus, we also

have a new name: Masters Career Center

(MCC), which better reflects our role in our

students’ career development and our

focus on serving the employers who

recruit our students.

In the midst of such transformative change,

our time-tested approach to management

education, rigorous learning and analytical

depth remain unparalleled and we’re

committed to ensuring that organizations

worldwide recognize the distinction and

potential of Tepper School graduates.

The MCC Team and I hope you will

enjoy reviewing this 2018 Employment

Report as well as our website

tepper.cmu.edu/recruit@tepper. As a

valued recruiting partner, you can be

assured that we remain committed to

providing you with a world-class recruiting

experience and we would love to host your

company in our new world-class facility!

Sincerely,

Stephen Rakas Executive DirectorMasters Career CenterTepper School of BusinessCarnegie Mellon University


2 0 19 – 2 0 Full-Time MBA ClassProfile

REPRESENTED AMONG OUR STUDENT BODY

3230

28%

WOMEN

27%

WOMEN

34%

INTERNATIONAL CITIZENS

33%

INTERNATIONAL CITIZENS

2 0 19

2 0 19

2 0 2 0

2 0 2 0

2 0 19 2 0 2 0

TOTAL STUDENTS

FULL-TIME WORK EXPERIENCE

236220

GMAT 690AVERAGE

GMAT 691AVERAGE

GPA 3.4AVERAGE

GPA 3.3AVERAGE

37% 39%

23% 27%11%

12%

9%10%

7%6%

7% 5%6% 1%

Business

Economics

Engineering

Humanities/Social Sciences

Information Systems/Computer Science

Mathematics/Physical Science

Other

2 0 1 9 UNDERGRADUATE

MAJORS

2 0 2 0 UNDERGRADUATE

MAJORS

2 0 19 2 0 2 0

5.1MEDIAN YEARS

5.3MEDIAN YEARS

2 0 19 2 0 2 0

28.30% 12.70% 26.60%

tepper.cmu.edu/recruit@tepper

% ACCEPTED MEAN MEDIANFUNCTION

CONSULTINGInternalManagement/Strategy

FINANCEAccountingAnalyticsAsset ManagementCorporate (Analysis/Treasury)Investment BankingOtherResearchRisk Management

GENERAL MANAGEMENTGeneral/LDPsProject ManagementStrategic Planning/Bus. Development

IS/IT: MANAGEMENT ManagementProgramming/Software Development

MARKETINGBrand (B2C)Product/Industrial (B2B)Research/AnalyticsSales

POMOperations ManagementPurchasingSupply Chain Management/Logistics Production Management

OTHER

25.40%1.73%23.70%

19.10%0.58%1.16% 1.73%8.09%3.47%2.89%0.58% 0.58%

22.50%13.87%3.47%5.20%

2.90% 2.31%0.58%

17.90%4.62%9.25%2.31%1.73%

8.70%2.31%0.58%4.05% 1.73%

3.50%

$134,533N/A$136,198

$113,897N/AN/AN/A$109,058$129,167$110,500N/A N/A

$117,849$117,333$125,000$114,456

$112,376$104,970N/A

$111,810$117,538$112,679$101,000N/A

$122,333$121,250N/A$120,700 N/A

$112,167

$135,000N/A$135,000

$112,000N/AN/AN/A $108,750$125,000$108,500N/AN/A

$120,000$119,500$130,000$120,000

$111,111 $110,940 N/A

$115,000$119,000$117,500$92,000N/A

$130,000$125,000N/A $129,900N/A

$109,500

% ACCEPTEDREGION MEAN MEDIAN

Mid-AtlanticMidwestNortheastSouthSouthwestWest

AsiaEuropeLatin America & the Caribbean

11.60%12.70%26.60%8.10%7.50%28.30%

2.90%1.20%1.20%

$115,044$121,363$126,451$110,227$113,717$127,378

$92,635N/AN/A

$107,500$120,000$125,000$111,000$107,500$130,000

$80,000N/AN/A

BIOTECHNOLOGY/ HEALTH/ PHARMACEUTICALBiotechnologyMedical Products/DevicesMedical ServicesPharmaceuticals

CONSULTINGManagement/StrategyTechnology

CONSUMER PRODUCTS

FINANCIAL SERVICES Asset ManagementCommercial BankCredit Reporting/AnalyticsInsuranceInvestment BankPrivate Equity/Venture Capital

MANUFACTURINGAerospaceAutomotiveChemicalsOther

MEDIA/ENTERTAINMENT

OTHEREnergy/Petroleum/Utilities Retail/MerchandisingTransportation Services Other

TECHNOLOGYElectronicsHardwareInternet/eBusinessOtherSoftwareTelecommunications

12.10%2.89%3.47%2.31% 3.47%

23.10%19.08%4.05%

4.60%

11.00%2.31%0.58%0.58%3.47%3.47%0.58%

5.80%0.58% 1.73% 0.58%2.89%

1.73%

9.20%1.16%5.20%1.73% 1.16%

32.40%0.58%4.62%16.18%2.31%5.78%2.89%

$112,821$109,036$110,600 $130,333$122,569

$135,921$137,560$128,429

$101,375

$117,932$121,667N/AN/A$114,500$129,167N/A

$110,112N/AN/A N/A $111,250

N/A

$104,425N/A $108,544 N/AN/A

$121,448N/A$112,825$124,286$119,250$125,350$116,200

$115,000$115,000$120,000$105,000 $124,650

$135,000$140,000$125,000

$107,000

$122,500$125,000N/AN/A$108,750$125,000N/A

$115,000N/AN/AN/A $115,000

N/A

$109,500N/A$112,000 N/AN/A

$130,000N/A$111,000$130,000$119,000$125,250$119,000

% ACCEPTEDINDUSTRY MEAN MEDIAN

Compensation by Function

Compensation by Region

Compensation by Industry

11.60%

8.10%

2.90%

25.40%CONSULTING

19.10%FINANCE

22.50%GENERAL MANAGEMENT

2.90%IS/IT: MANAGEMENT

17.90%MARKETING

8.70%POM

3.50%OTHER

7.50%

12.10% BIOTECH/HEALTH/PHARMACEUTICAL

23.10% CONSULTING

4.60% CONSUMER PRODUCTS

5.80% MANUFACTURING

11.00% FINANCIAL SERVICES

1.73% MEDIA/ENTERTAINMENT

9.20% OTHER

32.40% TECHNOLOGY

INTERNATIONAL

2018 Full-Time MBA Graduates


1.20%

1.20%

% ACCEPTED MEAN MEDIANFUNCTION

CONSULTINGInternalManagement/Strategy

FINANCEAnalyticsAsset ManagementCorporate (Analysis/Treasury)Investment Banking ModelingOtherResearchRisk ManagementSales & Trading

GENERAL MANAGEMENTGeneral/LDPsProject ManagementStrategic Planning/Bus. Development

IS/ITManagement Programming/Software Development

MARKETINGBrand (B2C)Product/Industrial (B2B)Research/AnalyticsSales

POMOperations Management Production ManagementPurchasingSupply Chain Management/Logistics

OTHER Human ResourcesOther

26.10%9.41%16.59%

23.40%0.45%2.24%9.41%4.93%0.00%2.69%0.45%0.00% 0.00%

15.30%4.93%0.90%8.97%

2.30% 1.79%0.45%

23.90%5.83%14.35%2.24%0.45%

7.20%4.48% 0.45%0.45% 1.79%

1.80%0.45% 0.90%

$8,976$6,610$10,316

$7,501N/A$6.825 $7,727$8,323N/A$5,867N/AN/AN/A

$7,343$8,643N/A$6,700

$6,629 $5,960N/A

$7,061$6,881$7,402$6,629N/A

$7,514$7,997N/AN/A $7,665

$6,307 N/AN/A

$9,300$6,928$11,250

$7,500N/A$8,000$7,561$10,417N/A$6,489N/AN/AN/A

$7,800$8,500N/A$7,101

$7,367 $6,625N/A

$7,367$6,928$8,317$6,300N/A

$8,250$8,500N/AN/A $7,500

$8,000 N/AN/A

% ACCEPTEDREGION MEAN MEDIAN

Mid-AtlanticMidwestNortheastSouthSouthwestWest

Asia Latin America and the CaribbeanEuropeOceania

19.40%11.30%27.00%4.10%5.00%26.60%

3.60%0.90%0.90%0.50%

$6,715 $8,373$8,613$6,378$7,407$7,610

$7,309N/AN/AN/A

$6,760$8,018$8,667$7,367$7,084$8,320

$9,000 N/AN/AN/A

BIOTECHNOLOGY/ HEALTH/ PHARMACEUTICALBiotechnologyMedical Products/DevicesMedical ServicesPharmaceuticals

CONSULTINGManagement/StrategyTechnology

CONSUMER PRODUCTS

ENERGY/ PETROLEUM/ UTILITIES

FINANCIAL SERVICES Asset ManagementCommercial BankCredit Reporting/Analytics Diversified ServicesInsuranceInvestment BankOtherPrivate Equity/Venture Capital

GOVERNMENT/ NOT-FOR-PROFIT Government Not-for-profit

MANUFACTURINGAerospaceAutomotiveChemicalsOther

MEDIA/ENTERTAINMENTEntertainmentSportsMedia

OTHEROther Real EstateRetail/MerchandisingTransportation Services

TECHNOLOGYElectronicsHardwareInternet/eBusinessOtherSoftwareTelecommunications

9.90%0.90%2.24%2.69%3.14%

16.20%15.70%0.45%

2.70%

0.90%

18.00%2.24%0.00%0.45%0.45%2.69%4.48%2.24% 2.24%

2.70% 0.90% 1.80%

9.00%1.80%1.35%1.35%4.48%

2.30%1.35%0.45%0.45%

7.70%0.90%0.45%4.48%0.90%

31.50%0.00%4.48%12.56% 1.35% 9.87% 2.24%

$7,107N/A$8,137$5,979$7,866

$10,533$10,583N/A

$7,309

N/A

$7,839$6,691N/AN/AN/A$8,691$9,286$7,085 $6,066

$4,224 N/A $3,380

$7,389$5,938N/AN/A$8,058

$6,528N/AN/AN/A

$6,161N/AN/A $7,269 N/A

$7,331N/A$7,288$8,072N/A$6,797$7,101

$7,003N/A$8,660$6,408$7,561

$11,250$11,250N/A

$7,167

N/A

$8,000$8,000N/AN/AN/A$8,327$10,417$7,500 $5,650

$4,008 N/A $2,808

$7,650$6,419N/AN/A$7,950

$7,280N/AN/AN/A

$7,000N/A N/A $7,000 N/A

$8,000N/A $6,651 $8,500N/A$8,054$6,928

% ACCEPTEDINDUSTRY MEAN MEDIAN

Monthly Compensation by Function

Monthly Compensation by Region

Monthly Compensation by Industry

26.60% 11.30% 27.00%

19.40%

4.10%5.00%

26.10%CONSULTING

23.40%FINANCE

15.30%GENERAL MANAGEMENT

2.30%IS/IT: MANAGEMENT

23.90%MARKETING

7.20%POM

1.80%OTHER

9.90% BIOTECH/HEALTH/PHARMACEUTICAL

16.20% CONSULTING

2.70% GOVERNMENT/NOT-FOR-PROFIT

2.70% CONSUMER PRODUCTS

9.00% MANUFACTURING

0.90% ENERGY/PETROLEUM/UTILITIES

18.00% FINANCIAL SERVICES

2.30% MEDIA/ENTERTAINMENT

7.70% OTHER

31.50% TECHNOLOGY

INTERNATIONAL


2018 Full-Time MBA Summer Interns

3.60%0.90%


0.90% 0.50%

The Tepper School MBA program structures the two-year MBA coursework differently than many other business schools. Our curriculum emphasizes mastery of management fundamentals in year one, prior to the selection of electives. We are unapologetic about resisting the trend of offering optional electives immediately upon students’ arrival. Rather, our students invest much of their first three mini-semesters mastering core business fundamentals such as economics, finance, operations, quantitative analysis, and organizational behavior.

It’s this integrated view of business that leads to better decision-making, and better prepares students to tackle real-world problems.

Tepper MBAs have advanced exposure to both leadership and analytics —

providing a high-performance

career advantage.

The coursework for the Full-Time, Part-Time Online Hybrid and Part-Time On-Campus MBA begins with an emphasis on the core base of management skills and business drivers. Unlike many MBA programs, the Tepper School sequences core and elective coursework in order to ensure students have deep understanding and preparation.

In the first year (Full-Time) and first half of the program (Part-Time), the MBA curriculum concentrates on those engines that influence business results. In year two and the second half of the program, students transition into classes, project courses and team-based capstones that elevate practical application. Students are given an impressive range of electives and leadership options that accelerate learning and career opportunities.

CONCENTRATIONS

Choosing from approximately 10 concentrations, most students identify three to five concentrations. These courses build upon the preparation from core coursework as well as the summer internship experience.

MBA TRACKS MBA Tracks — which represent a configuration of specific electives within the business school and/or across the Carnegie Mellon campus — provide an opportunity for in-depth study in a particular field or career path.

MBA CAPSTONE COURSES

Capstones often reflect immersive, experiential coursework in which students and professors work alongside corporations and recruiters on real-world consulting assignments.

GLOBAL STUDY

The small size and international focus of our program makes global study an appealing option. The two primary capstone treks include the European Study Abroad — eight weeks in Germany, partnering with the WHU Otto Beisheim School of Management in Koblenz — and the Asia Study Abroad — eight weeks at The Chinese University of Hong Kong’s CUHK Business School. In addition, student clubs organize non-credit student treks during spring break; in recent years, these treks have included travel to Latin America, China, Japan, Dubai and Qatar (with visits to the Carnegie Mellon campus in Doha) and Israel.



#12 BEST BUSINESS SCHOOLS— Bloomberg Businessweek 2018 92%

RECEIVED OFFERS BY 3 MONTHS AFTER GRADUATION

Tepper School of Business Masters Career Center 4765 Forbes Avenue Pittsburgh, PA 15213Phone: 412-268-2278 Fax: 412-268-4146 tepper.cmu.edu/recruit@tepperLynn Urso

Assistant Director, Recruiting [email protected]

Kimberly C. ParkerRecruiting [email protected]

Sally GouldAssistant Director, Operations [email protected]

Jacqueline [email protected]

Yvonne PoindexterFront Desk [email protected]

Molly Mickinak Loggins Recruiting Events [email protected]

Stephen Rakas Executive Director412-268-2277 [email protected]

Jamie MoyesAssociate [email protected]

Masters Career Center Contacts

Not pictured

Jack [email protected]

Lesley Kromer, [email protected]

Sophia [email protected]

Kathryn RileyDirector412-268-6907 [email protected]

Katie ThomasAssociate [email protected]

TO SCHEDULE A RECRUITING VISIT, PLEASE CONTACT:

Lynn UrsoAssistant Director, Recruiting 412-268-1311 [email protected]

Instant access to Tepper School career data is available through our ready-reference website. tepper.cmu.edu/recruit@tepper


STATEMENT OF ASSURANCECarnegie Mellon University does not discriminate in admission, employment, or administration of its programs or activities on the basis of race, color, national origin, sex, handicap or disability, age, sexual orientation, gender identity, religion, creed, ancestry, belief, veteran status, or genetic information. Furthermore, Carnegie Mellon University does not discriminate and is required not to discriminate in violation of federal, state, or local laws or executive orders.

Inquiries concerning the application of and compliance with this statement should be directed to the university ombudsman, Carnegie Mellon University, 5000 Forbes Avenue, Pittsburgh, PA 15213, telephone 412-268-1018.

Obtain general information about Carnegie Mellon University by calling 412-268-2000.

ON THE COVER: Wei Dai, MBA ‘19, Gabriel Isaacson, MBA ‘19, Victoria Lopez, MBA ‘19, Crystal Sanchez, MBA ‘19

Masters Career Center4765 Forbes AvenuePittsburgh, PA 15213

p: 412-268-2278f: 412-268-4146


2 0 1 8 E M P L O Y M E N T R E P O R T S U M M A R Y

William Larimer Mellon, Founder

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