Class of 2013 Full-Time Employment Profile

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Class of 2013 Full-Time Employment Profile

90.8% of students in the W. P. Carey Full-time MBA Class of 2013 accepted employment within three months of graduation, up from 89.4% in 2012. Overall compensation levels were little changed, with a general trend toward modest increases in mean and modest decreases in median salary and signing bonus. Other guaranteed compensation, reported by 9 graduates, rose considerably. Highlights of changes relative to 2012 data are:

 90 day job acceptance +1.4%  Mean base salary +3.5%  Mean signing bonus +7.2%  Median base salary -1.6%

 Mean other guaranteed compensation +34%

71.2% of accepted jobs were sourced through school facilitated activities (campus recruiting, job postings, resume books and referrals). This 20.4% increase over 2012 was influenced by several activities and factors including:

 A tenured, well respected team working with the full-time students  15% increase in on-campus interviews

 Significant increase in job postings1

 Referrals from the Network for Value Chain Excellence and the Center for Services Leadership  MBA alumni referrals and engagement

All data in this report conform to the MBA Career Services Council Standards for Reporting MBA Employment Statistics.

Class of 2013 Statistics

Total Not Seeking Employment 6 1 7

Company-sponsored; Already Employed 0 1 1

Continuing Education 5 0 5

Starting a New Business 1 0 1

Total Graduates 53 19 72

1 _{YOY job postings increased 98%, driven largely by our partnership with MBA Focus, which launched in late spring.}

Prior to the launch, job postings were up 24% over the previous year.

2

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Timing of Job Acceptance

% Accepted by Graduation % Accepted After Graduation and by 3 Months after Graduation Total % Accepted by 3 Months after Graduation

Permanent Work Authorization 72.3% 17.0% 89.3%

Non-Permanent Work Authorization 72.2% 22.2% 94.4%

Total MBA Graduates 72.3% 18.5% 90.8%

Source of Job Acceptance

Percent Breakdown

Scheduled interviews on and off campus 33.9%

Consortia events - National or International Graduate Level Career Conferences 3.4%

School Facilitated Internships 10.2%

Off-campus activities supported by the Career Center 1.7%

Employer Information meetings, dinners 3.4%

Resume books, resume referrals, Web resumes 8.5%

Job postings 6.8%

Alumni referrals 3.4%

TOTAL School-Facilitated Activities 71.2%

Previous Employer 1.7%

Student-Facilitated Internships 3.4%

Internet 3.4%

Other 1.7%

TOTAL Student-Facilitated Activities 10.2%

No Response 18.6%

TOTAL Job Accepting Graduates 100%

3

Graduates completed their degree requirements and were conferred their degrees on May 9, 2013. 71%

10%

19% All School-Facilitiated_Activities

All Student-Facilitated Activities

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Compensation Report

Mean Median Low High

Base Salary $95,470 $92,000 $60,000 $128,000

Signing Bonus $14,961 $12,500 $5,000 $45,000

Other Guaranteed Compensation $10,661 $9,700 $4,500 $20,000

Distribution and Compensation (Base Salary) by Professional Function

Function Accepted Mean Median Low High

Consulting 5.10% $118,333 $125,000 $105,000 $125,000 Finance/Accounting 10.20% $82,278 $85,000 $60,000 $91,392 General Management 11.90% $96,857 $100,000 $80,000 $110,000 Human Resources 3.40% - - - - Marketing/Sales 3.40% - - - - Operations/Supply Chain Management 62.70% $95,631 $93,500 $69,900 $128,000 Other 3.40% - - - - Total 100% $95,470 $92,000 $60,000 $128,000

4 _{This salary report is based upon useable salary information from 93.2% of the graduates who accepted a job by}

three months after graduation. Signing bonuses and other guaranteed compensation were reported by 56.4% and 16.4% of graduates respectively.

5 _{In reporting mean, median, high and low salaries for tables segmenting professional function, industry,}

undergraduate major or level of experience a minimum of 3 data points or greater than 1% of job accepting graduates is required to post results.

5% 10% 12% 4% 3% 63% 3% Consulting Finance/Accounting General Management Human Resources Marketing/Sales Operations/SCM Other

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Distribution and Compensation (Base Salary) by Industry

Industry Accepted Mean Median Low High

Consulting 11.9% $116,286 $124,000 $105,000 $125,000 Consumer Products 5.1% $83,300 $80,000 $69,900 $100,000 Financial Services 13.6% $96,000 $94,000 $85,000 $110,000 Manufacturing 5.1% $103,333 $92,000 $90,000 $128,000 Petroleum/Energy 5.1% $93,333 $97,500 $85,000 $97,500 Pharmaceutical/Biotechnology/ Healthcare Products 6.8% $95,000 $100,000 $85,000 $100,000 Real Estate 1.7% - - - - Technology 25.4% $91,688 $90,000 $81,500 $108,000 Other 25.4% $90,143 $80,000 $60,000 $115,000 Total 100.0% $95,470 $92,000 $60,000 $128,000 12% 5% 14% 5% 5% 7% 2% 25% 25% Consulting Consumer Products Financial Services Manufacturing Petroleum/Energy Pharmaceutical/Biotechnology/ Healthcare Products Real Estate Technology Other

Page | 5 Northeast: 18.7% South: 6.8% Midwest: 1.7% Southwest: 44.1% West: 28.8%

Compensation (Base Salary) by Geographic Region

Region Accepted Mean Median Low High

Northeast (Includes Mid-Atlantic) 18.7% $96,291 $96,250 $85,000 $114,000

South 6.8% $91,225 $90,000 $69,900 $115,000

Midwest 1.7% - - - -

West 28.8% $102,188 $105,000 $80,000 $125,000

Southwest 44.1% $89,706 $90,000 $60,000 $124,000

Total 100.0% $95,470 $92,000 $60,000 $128,000

Compensation (Base Salary) by Undergraduate Major

Major Accepted Mean Median Low High

Business 33.9% $94,797 $90,696 $69,900 $128,000

Technical 44.1% $99,271 $96,000 $78,000 $125,000

Other 22.0% $89,385 $90,000 $60,000 $110,000

Total 100.0% $95,470 $92,000 $60,000 $128,000

Compensation (Base Salary) by Professional Experience

Years of Professional Experience Accepted Mean Median Low High

One year or less 8.5% $83,080 $85,000 $69,900 $97,500

One to three years 32.2% $97,037 $93,000 $80,000 $128,000 Three to five years 32.2% $95,679 $97,500 $60,000 $125,000 More than five years 27.1% $97,625 $92,500 $80,000 $125,000

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Hires by Company

Company Number Hired

Amazon 6

Deloitte Consulting 6

Intel Corporation 5

Applied Materials 3

Johnson & Johnson 3

P.F. Chang's China Bistro 3

Raytheon Company 3 Vanguard 3 American Airlines 2 Chevron 2 Dell, Inc. 2 Experian 2 GlobalFoundries 2 A.T. Kearney 1 American Express 1 Bank of America 1

Bard Peripheral Vascular 1

Diageo 1

Facebook 1

Global Healthcare Capital 1

Koch Industries, Inc. 1

Mercer Advisors 1 NCR Corporation 1 Nike 1 SanDisk 1 U-Haul 1 United Technologies 1 University of Phoenix 1 Unreported 2 TOTAL 59

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Class of 2014 Internship Employment Profile

Beginning with the 2013 statistic year (Class of 2014), internship data were collected and processed through the MBA-CSC database. Consistent with this change, income data below are reflected as monthly compensation, not hourly wages as reported in previous years. As such, comparisons to previous years are not available.

Class of 2014 Statistics

Total Not Seeking Internships 3 0 3

Starting a New Business 1 0 1

Not Seeking for Other Reasons 2 0 2

Total Candidates 39 26 65

Timing of Internship Acceptance

% Accepted Before June 15

Permanent Work Authorization 100.0%

Non-Permanent Work Authorization 100.0%

Total Seeking Candidates 100.0%

Source of Job Acceptance

84% 16% All School-Facilitated Activities All Student-Facilitated Activities

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Source of Job Acceptance (continued)

Percent Breakdown

Scheduled interviews on and off campus 46.7%

Consortia events - National or International Graduate Level Career Conferences 4.7%

School Facilitated Internships 11.3%

Off-campus activities supported by the Career Center 3.2%

Job fairs (at my school) 6.5%

Resume books, resume referrals, Web resumes 6.5%

Job postings 3.2%

Faculty referrals 1.7%

TOTAL School-Facilitated Activities 83.8%

Family, friends outside School 6.5%

Internet 8.0%

Direct mail campaign 1.7%

TOTAL Student-Facilitated Activities 16.2%

TOTAL Job Accepting Graduates 100.0%

Compensation Report

Mean Median Low High

Base Salary $5,017 $5,280 $500 $8,000

Signing Bonus6 $3,250 $3,000 $2,000 $5,000

Other Guaranteed Compensation - - - -

Compensation (Base Salary) by Professional Function

Function Accepted Mean Median Low High

Consulting 1.6% - - - - Finance/Accounting 12.9% $5,045 $6,090 $500 $6,700 General Management 3.2% - - - - Human Resources 1.6% - - - - Marketing/Sales 12.9% $4,220 $4,000 $3,181 $5,760 Information Technology 3.2% - - - - Operations/SCM 58.1% $5,520 $6,000 $1,440 $8,000 Other 6.5% - - - - Total 100% $5,017 $5,280 $500 $8,000 6

Page | 9 Northeast: 6.35% South: 7.94% Midwest: 9.52% Southwest: 53.97% West: 15.87%

Compensation (Base Salary) by Industry

Industry Accepted Mean Median Low High

Consulting 1.6% - - - - Consumer Products 24.1% $5,663 $5,280 $2,050 $8,000 Financial Services 11.3% $5,146 $5,250 $3,040 $6,538 Manufacturing 6.5% $4,833 $4,000 $3,800 $6,700 Petroleum/Energy 3.2% - - - - Pharmaceutical/Biotechnology/ Healthcare Products _6.5% - - - - Technology 30.6% $4,961 $5,280 $1,600 $8,000 Other 16.2% $4,625 $6,000 $1,440 $7,040 Total 100.0% $5,017 $5,280 $500 $8,000

Compensation (Base Salary) by Geographic Region

Region Accepted Mean Median Low High

Northeast 6.35% $5,645 $5,566 $3,800 $7,040 South 7.94% $6,400 $6,000 $4,000 $8,000 Midwest 9.52% $5,770 $5,880 $4,800 $6,700 West 15.87% $5,581 $6,080 $3,840 $8,000 Southwest 53.97% $4,281 $4,600 $500 $8,000 Total 100.0% $5,017 $5,280 $500 $8,000

Compensation (Base Salary) by Undergraduate Major

Major Mean Median Low High

Business $5,099 $5,700 $1,200 $8,000

Technical $5,299 $5,280 $2,050 $8,000

Other $4,140 $4,120 $1,600 $6,538

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Compensation (Base Salary) by Professional Experience

Years of Professional

Experience Mean Median Low High

One year or less $3,947 $3,800 $1,200 $6,254

One to three years $5,617 $6,000 $1,440 $8,000

Three to five years $4,764 $4,966 $500 $8,000

More than five years $5,162 $5,280 $2,050 $6,160

Total $5,017 $5,280 $500 $8,000

Internship Hires by Company

Company Number Hired

Dell, Inc. 5 Amazon 4 Intel Corporation 4 Henkel 3 Other-unreported 3 Bank of America 2 Edward Jones 2

Johnson & Johnson 2

Leslie's Pool Supplies 2

Mobile Mini, Inc. 2

Reckitt Benckiser 2

American Express 1

Apple Inc. 1

Arizona Venture Partnership 1

Axium Partners, LLC 1

Bard Peripheral Vascular 1

Beijing Jingyuxing Technology Co., Ltd 1

Cavalry Portfolio Services 1

Chevron 1 Cisco Systems 1 eBay 1 General Motors 1 GlyEco 1 Go Daddy 1 Hyatt Corporation 1 Juniper Networks 1 Lab126 1

Lutron Electronics, Inc. 1

Mentor Graphics 1

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Nestle Purina Pet Care 1

ON Semiconductor 1

Payless Shoe Source 1

Philips Lighting 1

Retronix 1

Sumika Electronic Materials 1

SunMar Healthcare 1

The Hershey Company 1

U-Haul 1

US Airways 1

Vanguard 1

ViaSat, Inc. 1