MS FINANCE 2024 EMPLOYMENT REPORT
FRIENDS AND ASSOCIATES OF VANDERBILT BUSINESS:
We are delighted to share the employment outcomes for the Vanderbilt Master of Science in Finance Class of 2024. This class represents the largest graduating MSF cohort yet, and we are thrilled to report that their employment success has reached new heights.
Exceptional Employment Metrics
Despite the large class size and the financial market uncertainty, 95% of our job-seeking MSF Class of 2024 graduates secured positions within 6 months of graduation. This is a remarkable achievement, building on the already strong results of the previous class. Notably, we have seen an increase in both the average and median salary numbers for our graduates, reflecting the high caliber of our students and the growing demand for their financial expertise across various functions. One of the key factors contributing to the success of the MSF Class of 2024 has been their ability to leverage both the Owen network and their personal connections. This demonstrates the invaluable support and mentorship our alumni provide—and the strength of the Vanderbilt MSF ecosystem in helping our students navigate the competitive job market.
The Vanderbilt Network
The Class of 2024 experienced a fluctuating market backdrop, combined with tremendous technological breakthroughs. These outcomes were achieved through tenacious yet nimble efforts by our students and employer partners. We continue to be extremely grateful to our alumni who have provided not only employment intelligence and outlook for employment opportunities, but also words of encouragement and kindness to our young and aspiring finance professionals. Our alumni were instrumental in a significant portion of the 37% of offers sourced through Owen connections.
This year's employment outcomes continue to demonstrate Vanderbilt's strong regional presence, with 58% of graduates accepting positions in the South and Southwest, up from 49% the previous year. This is a testament to the university and Owen's stellar reputations in these areas and to the marketability of our MSF students. We expect significant employment opportunities to continue in the South and Southwest due to this regional growth.
Diversified Career Paths
The MSF Class of 2024 has demonstrated their versatility, with 38% of students heading into investment banking, comparable to the previous year. We have continued to see successful diversification of student job function outcomes, with a significant increase in the number of graduates pursuing roles in consulting (11%) and investment management (10%). Additionally, we are excited to see the emergence of new job function categories, such as Credit & Lending and Business/Data Analytics, which in aggregate accounts for 10% of student employment outcomes. This new trend showcases the wide-ranging application of the MSF degree and our student's ability to thrive in evolving financial landscapes.
We are immensely proud of the accomplishments of the Vanderbilt MSF Class of 2024. Their dedication to knowledge and upskilling, resilience, and adaptability have truly set them apart, and we are highly confident that they will continue to make a profound impact in the world of finance.
Sincerely,
Ginny Ling Associate Director & MSF Coaching Lead | Career Management Center Vanderbilt University | Owen Graduate School of Management
is the average base salary for the MSF Class of 2024 $91,211
95% of the Class of 2024 accepted a full-time or internship offer within 6 months of graduation
$
8,911 is the average signing bonus received by the Class of 2024
CLASS OF 2024 Full-Time Employment Statistics
Salary Data
Class of 2024 Profile
*Salaryreportisbaseduponusablesalaryinformationon80%ofthosegraduateswhoacceptedajob.
**53%ofgraduateswhoreportedbasesalaryalsoreportedreceivingasigningbonus.
Job Function
Source of Accepted Offers
Geographic Region
South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN)
Northeast (CT, MA, ME, NH, NJ, NY, RI, VT)
Southwest (AZ, CO, NM, OK, TX)
Mid-Atlantic (DE, DC, MD, PA, VA, WV)
West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY)
Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI)
Europe
Timing of Offers & Acceptances
Class Job-Seeking Profile
LIST OF EMPLOYERS
Advanced Operations Partners
Advancy*
Alantra*
Alvarez & Marsal
Ameriprise Financial
Arlington Capital Advisors
Berkeley Research Group (BRG)
Bessemer Trust
BMO Capital Markets
Bourne Partners
Brentwood Capital Advisors
Bridgestone Americas, Inc.*
The Brookings Institution*
Cantor Fitzgerald
Cerity Partners
Citi
Clark Schaefer Hackett
Configure Partners, LLC
Crosstree Capital Partners
Deloitte Services LP*
Deutsche Bank
ECG Management Consultants*
Elmington Capital Group, LLC
Frontera Capital Advisors, LLC
The Goldman Sachs Group, Inc.*
Grant Thornton
Houlihan Lokey, Inc.*
Ironside Capital
Jamestown LP
Jones Lang Lasalle Incorporated
*Indicatesanemployerthathiredatleastonecandidateonastudentvisa
The Class of 2024 Works Across Geographies
JPMorgan Chase & Co.*
Lazard Group LLC*
Leerink Partners LLC*
Lincoln International LLC
Makse Group
Microsoft
Millburn & Company
Nephila Capital Ltd
Piper Sandler & Co.
PwC
Radnor Lake Capital
Raymond James Financial, Inc.*
ReVIDA Recovery
Rockefeller Capital Management
RSB Advisory LLC
Vanderbilt University
Owen Graduate School of Management
401 21st Avenue South Nashville, TN 37203-2422
615.322.2534 msfinance@vanderbilt.edu business.vanderbilt.edu/msfinance
Hours: 8:30 AM to 5:00 PM CT
Sherman & Company*
Siemens AG
Stifel Financial Corp.
Storied Development, LLC
Texas Capital Securities
Texas Medical Center
Thompson Research Group
Tressis
Truist Securities, Inc.
TVV Capital
UnitedHealth Group
US PISEN Technology*
Vanderbilt University
Wells Fargo & Company
The World Bank*
