Great Career News for Ross MBA Grads
The Ross MBA Class of 2014 did itself proud in the job market.
Hiring and salary figures for this year’s MBA graduates were impressive across the board. As the B-school news website Poets & Quants reports, nearly 90 percent of 2014 Ross MBAs had a job offer by graduation, up from 85 percent last year. Three months after graduation, the number was up to 93 percent, compared to 88.7 percent in 2013.
And those jobs pay well. The article notes that median starting salaries rose 2.8 percent, from $112,00 to $115,000. Average starting salaries rose 3.5 percent, from $111,417 to $115,309 this year.
“For the 502 MBA graduates in Ross’ Class of 2014, it was a very good year, indeed,” P&Q writes.
Other highlights from the report:
- Amazon.com was the top hiring company for Ross MBAs this year, with 27 hires. That compares to 14 two years ago.
- Other companies hiring double-digit numbers of Ross MBAs were Deloitte Consulting, McKinsey & Co., Accenture, Citigroup, and Microsoft.
- The range of companies hiring Ross grads remains wide. “Unlike many schools, Ross has broad appeal across many industry sectors,” P&Q writes.
- Consulting was the most popular industry among the grads, at just over one-third of the entire class. Technology was second, at 15 percent – a steady increase from 11 percent in 2011.
- Consulting also paid the best, with a median base salary of $135,000. In addition, 98 percent of these MBAs reported median signing bonuses of $25,000, while 61.5 percent reported other guaranteed compensation averaging $27,000.