Simon Graduate School of Business - University of Rochester
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EMBA Students in Class

Full-Time MBA Class of 2011 Employment Summary

Full-Time MBA

Major Employers 2009–2011

Companies That Hired Three or More Graduates (24 Companies) Number of Hires Percent of Hires
University of Rochester 17 5.4%
Deloitte 14 4.5%
Constellation Brands Inc. 13 4.2%
Aurora Capital LLC 11 3.5%
Citigroup Inc. 8 2.6%
Xerox 8 2.6%
KPMG LLP 6 1.9%
Daymon Worldwide Inc. 5 1.6%
Ernst & Young 5 1.6%
IEC Electronics Corp. 5 1.6%
M&T Bank 5 1.6%
Access Insurance Co. 4 1.3%
Cognizant 4 1.3%
Novartis Consumer Health 4 1.3%
Toys R Us (Geoffrey LLC) 4 1.3%
Bank of America Corp. 3 1.0%
Booz Allen 3 1.0%
Eastman Chemical Co. 3 1.0%
Exxon Mobil Corp. 3 1.0%
High Tech Rochester 3 1.0%
Parker Hannifin Corp. 3 1.0%
PricewaterhouseCoopers LLP 3 1.0%
Tyco 3 1.0%
Unilever 3 1.0%
Hires at Companies Hiring Three or More Graduates 140 44.7%
Hires at Companies Hiring Two Graduates 46 14.7%
Hires at Companies Hiring One Graduate 127 40.6%
Total 313 100%

All figures are accurate as of September 30, 2011. Calculations for salary-related figures were prepared in adherence to the MBA Career Services Council’s Standards for Reporting MBA Employment Statistics. The salary report uses the salary information of 80.6 percent of graduates who have accepted a job.

N/A – Not Applicable indicates insufficient data to comply with MBA CSC Standards

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Class Profile 2011

Employment Profile   Percent of Class Number of Students
Seeking Employment 77.0% 151
Not Seeking Employment 13.3% 26
    Sponsored Student        6.6%        13
    Self Employed/Founding a Business        1.0%        2
    Continuing Education        3.1%        6
    Other Reasons       2.6%       5
Not Responding to Survey 9.7% 19
Total Graduates 100.0% 196
Job Offers At Graduation By Three Months
Post Graduation
US Citizens/Permanent Residents 70.0% 92.9%
Foreign Nationals 60.5% 88.9%
Total 64.2% 90.7%
Job Acceptances At Graduation By Three Months
Post Graduation
US Citizens/Permanent Residents 71.4% 90.0%
Foreign Nationals 58.0% 87.7%
Total 64.2% 88.7%
Demographic Profile
Mean Age 26
Mean Years of Work Experience 4.3
Female 29%
International 55%

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New Hires by Job Source 2011

Method of Hire Percent of Hires
School Facilitated 61.9%
     Scheduled Interviews On and Off Campus        32.1%
     Consortia Events        2.2%
     School-Facilitated Internships        4.5%
     Employer Information Meetings        2.2%
     Job postings, Job Fairs, Resume Books        5.2%
     Alumni/Faculty Referrals        11.2%
     Other        4.5%
Direct Contact with Company 35.8%
     Previous Employer        3.0%
     Family, Friends Outside School        15.7%
     Third-party Sources, e.g., Recruiters, Web        9.0%
     Other        8.2%
No Response by Graduate 2.2%
All 100.0%

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59.0% of graduates were in the top 5 functions: Corporate Finance/Financial Analysis, Consulting, Market Research, Pricing, Brand Management

 

Salary by Citizenship 2011

Citizenship Percent of Hires Minimum Salary Maximum Salary Median Salary
US Citizens/Permanent Residents 47.0% $35,000 $130,000 $75,750
Foreign Nationals 53.0% $28,125 $116,000 $78,000
All 100.0% $28,125 $130,000 $76,250

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Salary by Years of Experience 2011

Years of Experience Percent of Hires Minimum Salary Maximum Salary Median Salary
Less than 1 year 12.7% $35,000 $90,000 $65,000
1 to 3 years 21.6% $41,600 $115,000 $75,000
3 to 5 years 33.6% $30,375 $114,400 $80,000
More than 5 years 32.1% $28,125 $130,000 $80,000
All 100.0% $28,125 $130,000 $76,250

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Salary by Region 2011

Region Percent of Hires Minimum Salary Maximum Salary Median Salary
Placements in US 83.6% $35,000 $130,000 $78,500
Placements outside US 16.4% $28,125 $75,000 $44,461
All 100.0% $28,125 $130,000 $76,250

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Median Salary for US Placements by Function and Experience 2011

Years of Experience Finance Consulting Marketing Other
0 to 3 years $68,000 $75,000 $70,400 N/A
3 to 5 years $80,000 $90,000 $72,800 $85,000
More than 5 years $89,000 $85,000 $75,000 $83,816
All $76,500 $85,000 $72,800 $85,000

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New Hires by Location 2011

Region Percent of Hires
United States 83.6%
     Northeast        57.5%
         New York City Metro                16.4%
         Boston Metro Area               5.2%
         Rochester, New York                17.2%
     Mid-Atlantic        3.7%
     South        7.5%
     Midwest        9.0%
         Chicago Metro               4.5%
     Southwest        3.7%
     West        2.2%
International (Asia) 16.4%
All 100.0%

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57.5% of graduates took positions in these top 5 Industries: Consulting, Consumer Products, Manufacturing, Commercial Banking, Diversified Financial Services

 

New Hires by Function 2011

Function Percent of Hires
Consulting 15.7%
Finance 40.3%
     Commercial Banking/Lending         2.2%
     Corporate Finance         26.1%
     Equity/Fixed Income Research         1.5%
     Investment Banking         3.0%
     Investment Management/Research         3.0%
     Management Accounting         1.5%
     Sales and Trading         3.0%
General Management 3.0%
Information Technology 4.5%
Marketing 29.1%
     Market Research         6.7%
     Brand/Product Management         6.0%
     Business Development         4.5%
     Pricing         4.5%
     Sales         3.7%
     Other         3.7%
Operations/Production/Supply Chain 4.5%
Other 3.0%
All 100.0%

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New Hires by Industry 2011

Industry Percent of Hires
Consulting 17.9%
Consumer Products 12.7%
Energy 1.5%
Financial Services 29.9%
     Commercial Banking         8.2%
     Diversified Financial Services         8.2%
     Insurance         2.2%
     Investment Banking/Brokerage         5.2%
     Investment Management         3.7%
     Private Equity         0.7%
     Venture Capital         1.5%
Government/Nonprofit 6.7%
Manufacturing 10.4%
Pharmaceutical/Biotechnology/Health Care Products and Services 4.5%
Retail 6.0%
Technology 6.7%
Transportation Services 3.7%
All 100%

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