February 11, 2009

Stanford Graduate School of Business: Employment Report for the MBA Class of 2008

Stanford shared their 2008 Employment Report statistics which highlight the successes of Stanford MBA.
Stanford GSB's 2008 Employment Report conforms to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.
Stanford mentions on its website: To assist in comparing these statistics with non-CSC compliant MBA Employment Reports, please note that the Stanford GSB has not included relocation expense reimbursement, tuition reimbursement, and loan forgiveness in any of its past Employment Reports. In 2008, inclusion of these items would have increased Stanford GSB median compensation by $7,000.


Industry

Percentage of Class

Median Base Salary

Median Signing Bonus

Consulting

24

$125,000

$20,000

Private Equity/LBO

18

$150,000

$32,500

Hedge Funds

8

$150,000

$25,000

Internet Services/ E-Commerce

6

$115,000

$22,500

Investment Banking/ Brokerage

5

$95,500

$40,000

Nonprofit

5

$80,000

n/a

Venture Capital

5

$155,000

n/a

Investment Management

4

$127,500

$19,125

Real Estate

4

$112,500

$15,000

Consumer Products

3

$100,000

$20,000

Pharma/ Biotech/ Healthcare

3

$103,750

$20,000

Consumer Electronics/ Hardware

3

$115,500

$10,000

Media/ Entertainment

3

$96,000

$20,000

Tech-Software

3

$110,000

$15,000

Other Services

3

$75,000

n/a

Financial Services-Diversified

2

$115,000

$40,000

Petroleum/ Energy

2

$110,000

$28,500

Manufacturing

1

$115,000

n/a


Total does not equal 100% due to rounding.

Top Functions: Consultant 29%; Private Equity 16%; Investment/Portfolio Manager 8%; Product/Brand Manager 8%

Base Salary: median $120,000 (range $30,000-$250,000)

Signing Bonus: median $20,000 (range $2,500-$200,000)

Other Guaranteed Compensation: median $40,000 (range $2,000-$250,000)

Links:
http://www.stanford.edu/group/mba/blog/
http://www.gsb.stanford.edu/cmc/reports/index.html
http://www.gsb.stanford.edu/cmc/reports/documents/report08.pdf
http://www.gsb.stanford.edu/cmc/reports/documents/EmploymentReport_07_08l.pdf
http://www.gsb.stanford.edu/cmc/reports/documents/Recruiting_Orgs.pdf

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