2024 MBA Employment Report

Page 1


2024 EMPLOYMENT REPORT

TO FRIENDS AND ASSOCIATES OF VANDERBILT BUSINESS:

As we complete another academic year for our full-time MBA program, I am happy to share the employment outcomes for the graduating Class of 2024 and the internship outcomes for the Class of 2025. Students faced a more challenging MBA employment market this year but were able to move their careers forward with exciting new opportunities.

Below are some highlights from the 2024 Employment Report:

n Within 3 months of graduation, 91% of graduates received a job offer, with 90% accepting. The results were lower than our recordbreaking results in 2023, as employers continued to deal with economic uncertainty. However, most graduates were able to achieve their career goals and secure opportunities that will position them well for career growth in the upcoming years.

n MBA base salaries remained high. The median base salary for Owen graduates is 20% higher than it was just three years ago and 27% more than the pre-Covid MBA base salary. Compensation is not the only factor a graduate might consider in evaluating potential opportunities, but it is an indicator of how the employment market values the degree and Owen graduates.

n The consulting, financial services, and healthcare industries accounted for almost 70% of accepted full-time job opportunities. The technology industry hiring was again slower this year, as the industry continued to navigate changing conditions.

n Almost the entirety of the MBA Class of 2025 secured a summer internship prior to mid-June to gain experience with 89 companies.

In addition to these outcomes with outstanding companies, some graduates and interns are fulfilling their ambitions by starting their own businesses or continuing with their education. We are extremely grateful for the partnerships with our employers and alumni who continue to foster relationships with current students, and we are so happy to contribute as a part of Vanderbilt University’s fantastic resources that prepare graduates to achieve their personal and professional goals.

Sincerely,

$150,246

133 is the average starting base salary for the MBA Class of 2024 of the Class of 2024 received an offer by 3 months postgraduation companies hired members of the Classes of 2024 and 2025

91%

CLASS OF 2024

*Salary report is based upon usable salary information for 90% of those graduates who accepted a job.

**88% of graduates reporting base salary also reported receiving a signing bonus.

Salary Data

Class of 2024 Profile

North American Geographic Region

Mid-Atlantic (PA, MD, VA, WV, DE, DC) 3%

Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) 12%

Northeast (ME, VT, NY, NH, CT, MA, NJ, RI)

South (NC, SC, KY, TN, GA, FL, AL, AR, MS, LA)

Southwest (CO, AZ, TX, OK, NM)

West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)

business.vanderbilt.edu

Visit our website for useful recruiting tools: n View and order MBA resume books n Post MBA internships or full-time positions n Post executive jobs (a free service)

Geographic Data

CLASS OF 2025

Internship Statistics

Internship Salary Data

“T he collaborative mindset and skills that candidates from Vanderbilt bring to the table are critical to success in the consulting role. These skills—combined with their overall business knowledge, creative problem solving, strong drive, and integrity—are a large part of the reason that Vanderbilt MBA graduates continue to shape successful long-term careers within BCG . ”

SARAH BERHALTER

Source of Internship Offers

Employers Class of 2024 (full-time) and Class of 2025 (internship)

A&M

Abbott

AllianceBernstein*

Amazon*

American Airlines Analysis Group*

Ankura Consulting

Apex Service Partners

Applied Materials Inc.

Arena Therapeutics

Atlas Healthcare Partners

Atmus Filtration Technologies*

Ausley McMullen

Avasant*

Bain & Company*

Barry-Wehmiller Companies

Bass, Berry & Sims PLC

Bernhard Capital Partners Management LP

Berry*

Biogen Inc.*

BioHub Nash*

BMW Group

BofA Securities Inc. *

Boston Consulting Group (BCG)

Brock Family Center for Applied Innovation

Cain Brothers & Company, LLC

Campbell's

Capella Space

Chewy, Inc.

Cigna

Cisco Systems, Inc.

Citigroup Inc.

Colgate-Palmolive*

Conagra Brands

Corpay*

Cumberland Pharmaceuticals*

Currax Pharmaceuticals, LLC

CVSHealth

DaVita

Delek US

Deloitte Consulting

Dollar General

Dormco.com*

Ecolab*

Eli Lilly & Company*

Emerson*

EY*

EY-Parthenon*

Fidelity

Flare Capital Partners

Flintco Construction*

Free State Strategies

Freedom Mortgage Corporation*

FTI Consulting

Genuine Parts Company

Goldman, Sachs & Co. LLC

Granata Indemnity Company

Harris Williams & Co.

HCA Healthcare, Inc.

Holcim*

Humana Inc.

IBM

Infosys Limited

Jefferies Group LLC*

Johnson & Johnson Family of Companies

Jones Family of Companies

JPMorgan Chase & Co*

Kearney*

Keurig Dr Pepper

Kimberly-Clark Corporation

L.E.K. Consulting*

Land O'Lakes Inc.

Land of Land Inc

Lincoln International

M&T Bank

Marriott International, Inc.

Mars Petcare

Mattel, Inc.*

McKinsey & Company

Medtronic

Merrill

Microsoft*

Monogram Health*

MorganFranklin Consulting

Nashville Capital Network

Navarre Corporation*

Newport Healthcare

Nissan*

Nomura*

Office of Investments Vanderbilt University

*Indicates an employer that hired at least one candidate on a student visa.

Otsuka*

Pfizer Inc.

Piper Sandler

Preverity

Privi Specialty Chemicals Limited*

Procter & Gamble*

Progyny

PwC*

Qualcomm*

Range Sports (Range Media Partners)

Raymond James

Raytheon Technologies

Roberts & Ryan Inc.

Salesforce

Shore Capital Partners, LLC

Sidley Austin LLP

Silicon Ranch Corporation

Simon-Kucher & Partners*

Simpson Thacher

SiteLogIQ

Spotify

Stampli

Starbucks Corporation

Stircor

TasteBuds Application

TD Securities*

Tennessee Department of Treasury

Tractor Supply Company

Truist Securities

UKG

UnitedHealth Group

Utilize Health

Vanderbilt Credit Union

Vanderbilt University

Vanderbilt University Owen Graduate School of Management*

Vertex Pharmaceuticals

Visa Inc.

Walmart Inc.

Warburg Pincus

Waybridge

Wells Fargo Corporate & Investment Banking

World Resources Institute

YellaWood Pressure Treated Pine business.vanderbilt.edu

Career Management Center

Vanderbilt University

Owen Graduate School of Management

401 21st Avenue South

Nashville, TN 37203-2422

Hours: 8:00 AM to 5:00 PM CT

Telephone: 615.322.4069

Fax: 615.343.4661

Email: owencmc@vanderbilt.edu

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.