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Post Graduate Report

Master of Management in Hospitality

Class of 2013

Career Management in the Office of Student Services

School of Hotel Administration

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Page | 1 MMH – Class of 2013

U.S. Base Salaries

Mean Median Range Mean of Relocation/Bonus

$67,310 $69,000 $40,000 – $125,000 $5,844

 57% of respondents’ salaries are within the range of $50,000 - $80,000  38% of respondents reported receiving a relocation and/or signing bonus

U.S. Base Salaries by Industry Segment

Industry Segment Mean Median Range**

Number of Students

Percent Employed* Real Estate $70,000 $72,500 $55,000 – $80,000 7 15%

Asset Management (3), Hospitality Consulting (2), Development, Equity Research

Hotel/Resort – Corporate $85,000 $75,000 $70,000 – $110,000 3 7%

Finance (2), Asset Management

Hotel/Resort- Property $55,000 $45,000 $45,000 – $75,000 3 7%

Rooms Division (3)

E-Commerce/Online Marketing $53,334 $50,000 $42,000 – $68,000 3 7%

Sales & Marketing (2), Revenue Management,

Other: $74,050 $65,600 $40,000 – $125,000 5 11%

Restaurant (2), Fine Wines Retail/Sales, Restaurant Entrepreneurial, Travel/Tourism

International Base Salaries

Mean Median Range Mean of Relocation/Bonus

$47,969 $42,000 $20,000 – $100,000 $6,100

 48% of respondents’ salaries are within the range of $33,000 - $60,000  8% of respondents reported receiving a relocation and/or signing bonus

International Base Salaries by Industry Segment

Industry Segment Mean Median Range**

Number of Students

Percent Employed* Hotel/Resort – Property $37,785 $33,350 $27,000 – $60,000 8 17%

Revenue Management (3), Rooms Division (2), Food & Beverage, Marketing & Operations, General Management

Real Estate/Financial Services $55,943 $50,000 $40,800 – $70,000 5 11%

Asset Management, Brokerage, Hospitality Consulting, Investments, Strategy & Planning

Hotel/Resort – Corporate $31,000 $31,000 $20,000 - $42,000 3 7%

Revenue Management (2), Food & Beverage

Other: $65,486 $62,400 $35,000 – $100,000 9 19%

Higher Education (2), Art Venue, Consulting, Design, Entrepreneurial, Food Service Equipment, Serviced Apartments, Travel/Tourism

* Percentages reflect the number of students who have accepted a position in the industry segment, whether or not a salary was reported. **Some U.S. and international salaries may include additional compensation such as commission and other bonuses

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Page | 2

Salaries by Geographical Location

Location Mean Median Range

Number of Students Percent Employed United States West $60,457 $60,000 $40,000 – $83,200 7 15% Mid Atlantic $68,750 $60,000 $45,000 – $110,000 4 9%

New York Metro $84,333 $80,000 $48,000 – $125,000 3 7%

Southeast $66,667 $70,000 $55,000 – $75,000 3 7%

New England $75,000 N/A N/A 2 4%

Midwest $75,000 N/A N/A 1 2%

Southwest/West Central $45,000 N/A N/A 1 2%

International $47,969 $42,000 $20,000 – $100,000 25 54% Singapore (7), China (4), Canada (2), India (2), Japan (2), Bhutan, France, Hong Kong, South Korea, Thailand, United Arab Emirates, Venezuela, Viet Nam

2013 Class Profile

Employment Status

Number of Students 63

Percent of Respondents

Average Age 26 Reporting Job Acceptance 79%

Women 48% Seeking Employment 10%

Students of Color* 22% Continuing Education 7%

International 44% Time Off/Travel 2%

Year-long Internship 2%

* Includes Asian American, African American, Hispanic, and Multi-Racial Reporting Job  Acceptance 79% Seeking Employment 10% Continuing Education 7% Time Off/Travel  2% Year‐long Internship 2%

Employment Status

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Page | 3 MMH – Class of 2013

Source of Accepted Offers

Cornell Sources 30% Other Sources 70%

Faculty/Staff Referral 17% Personal Contact 20%

On-Campus Recruiting & Events 11% Previous Employment 17%

Job Postings 2% Alumni Contact 14%

Job Postings 11%

Cold Call / LinkedIn/Facebook 4%

Entrepreneurial Venture 4%

Note: All statistics in this report are based on the students who responded to each section of the survey.

Faculty/Staff Referral 17% On‐Campus Recruiting   & Events 11% Job Postings 7%

Cornell Sources  30%

Personal Contact 20% Previous Employment 17% Job Postings  11% Alumni Contact 14% Cold Call/  LinkedIn/Facebook 4% Entrepreneurial Venture 4%

Other Sources  70%

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Page | 4

2013 Hiring Companies

Amanresorts International

Lodge Manager- Bhutan

CapitaLand

Senior Executive, Strategic Planning-

Singapore

China Jin Mao Group

Supervisor of Hotel Management Division-

China

Conrad Centennial Singapore

Assistant Revenue Manager- Singapore

Eurobuilding International CA

Manager in Training, Marketing & Operations - Venezuela

Far East Hospitality

Assistant Revenue Manager- Singapore

Four Seasons Hotel & Resorts

Assistant Restaurant Manager- Canada Guest Relations Officer- Singapore Manager in Training, Rooms - Canada Manager in Training, Rooms

Gaw Capital Partners

Analyst, Investments- Hong Kong

Granary Lodging, LLC

Vice President, Operations

HATTORI KOGYO KK Director- Japan HeBS Digital Account Executive Hirsch/Bender Associates Designer- Singapore Homan University

Lecturer, Hospitality- South Korea

HVS

Analyst

Interstate Hotels & Resorts

Analyst, Project Finance

Jones Lang LaSalle

Assistant Manager, Brokerage- China Analyst, Hospitality Consulting- UAE Associate

JW Marriott Hong Kong

F&B Revenue Analyst – Hong Kong

La Paz Group

Managing Partner- France

Milestone Internet Marketing

Sr. Account Manager

Moe’s Fine Wine

Marketing & Sales Associate

Montage Deer Valley

Guest Reception Manager

Nomura Securities International

Research Associate

Nor1

Account Revenue Manager

Oakwood Asia Pacific

Manager, Development- Singapore

PricewaterhouseCoopers Associate

Proactive Carbon

Co-founder- Viet Nam

Pyramid Hotel Group

Business Development Analyst

Quo Global

Brand Strategist - Thailand

Republic Polytechnic

Senior Manager, Academic Operations - Singapore

Rialto Capital Management

Loan Workout Analyst

The Ritz-Carlton

Supervisor, Revenue Management- Japan

Shake Shack

Restaurant Manager

Starbucks

Rotational Manager in Training

Starwood Capital Group

Analyst, Asset Management

Taj Hotels

Assistant Director, Operations - India Deputy Revenue Manager- India

World Travel Holdings

Director of Business Development

Wyndham Worldwide

Manager, Corporate & Strategic Investments

Yuzi Paradise, The Art Park

Special Assistant to the Chairman- China Sino Group of Hotels

Project Coordination Manager-Hong Kong

* More than one person accepted this position with this company

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MMH – Class of 2013

P r o d u c e d b y

Career Management in the Office of Student Services

School of Hotel Administration

Cornell University

180 Statler Hall

Cornell University

Ithaca, NY 14853

p. (607) 255–6376

f. (607) 255–9540

www.hotelschool.cornell.edu

[email protected]

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