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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