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Post Graduate Reports

Master of Management in Hospitality

Class of 2009

The School

For Hospitality Leadership

School of Hotel Administration

Career Management in the Office of Student Services

Cornell University

(2)

U.S. Base Salaries

Mean Median Range Mean of Relocation/Bonus

$54,694 $57,800 $34,000 – $90,000 $9,327

71% of respondents’ salaries are within the range of $40,000 - $65,000

44% of respondents reported receiving a relocation and/or signing bonus

Additional compensation may include commission or other bonuses

U.S. Base Salaries by Industry Segment

Industry Segment Mean Median Range Students # of Acceptances % of Job Class % of Hotel/Resort - Property $41,667 $40,000 $34,000 – $60,000 6 15.4% 9.8%

Sales/Marketing (3), Revenue Management (2), Rooms Division

Consulting $70,000 $60,000 $60,000 – $90,000 4 10.3% 6.6%

Hospitality Consulting (2; 1 entrepreneurial), Revenue Management (2)

Restaurant $54,867 $57,600 $42,000 – $65,000 4 10.3% 6.6% (1 entrepreneurial)

Other $62,100 $60,000 $45,000 – $80,000 6 15.4% 9.8%

Industry Segment: Aerospace, Casino/Gaming, Music, Real Estate, Sports/Entertainment, Technology

International Base Salaries by Industry Segment

Industry Segment Mean Median Range Students # of Acceptances % of Job Class % of Hotel/Resort – Corporate $33,760 $32,400 $20,000 – $44,400 6 15.4% 9.8%

Development (4), Sales/Marketing (2)

Hotel/Resort – Property $21,260 $19,800 $7,500* – $36,000 6 15.4% 9.8%

Rooms Division (3), Sales/Marketing, Special Projects, Wellness Operations

Other $62,833 $48,000 $24,000 – $150,000 7 17.9% 11.5%

Industry Segment: Banking/Financial Services, Consulting, Consumer Products, Education, Development (Entrepreneurial), Real Estate, Serviced Residence

*Additional compensation includes housing allowance

Percentages reflect the number of students who have accepted a position in the industry segment, whether or not a salary was reported. Numbers are based on 61 graduates and 39 accepted job offers.

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Page | 2

Salaries by Geographical Location

Location Mean Median Range Students # of Acceptances % of Job Class % of United States

Southeast $67,020 $60,000 $57,600 – $90,000 5 15.6% 8.2%

Mid Atlantic/Midwest $43,200 $40,000 $36,000 – $60,000 5 15.6% 8.2%

West/Southwest $50,500 51,500 $34,000 – $65,000 4 12.5% 6.6%

Northeast N/A N/A N/A 2 6.3% 3.3%

International $40,756 $32,700 $7,500 – $150,000 16 50.0% 26.2%

China, India (3), Republic of Maldives, Singapore (5), South Korea (2), Thailand (2), United Arab Emirates, Zambia

2009 Class Profile

Employment Status

Number of Students 61 # of Students % of Class

Average Age

29

Reporting Job Acceptance*

39

64%

Women

52%

Seeking Employment

11

18%

Students of Color*

8%

Not Responding to Survey

11

18%

International

51%

* Includes Asian American, African American, Native *Includes students entering entrepreneurial venture

American, Hispanic, Bi-Racial, and Multi-Racial

Reporting Job Acceptance 64% Seeking Employment 18% Not Responding to Survey 18%

Employment Status

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Source of Accepted Offers

Cornell Sources

23.6%

Other Sources

76.4%

On-campus Interviews

10.5%

Previous Employment

31.6%

Faculty

10.5%

Alumni Contact

18.4%

Career Day

2.6%

Entrepreneurial Venture

5.3%

Job Postings (Internet, other)

5.3%

Personal Contact

2.6%

Other

13.2%

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

On-campus 10.5% Faculty 10.5% Career Day 2.6%

Cornell Sources 23.6%

Previous Employment 31.6% Alumni Contact 18.4% Job Postings 5.3% Entrepreneurial Venture 5.3% Personal Contact 2.6% Other 13.2%

Other Sources 76.4%

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Page | 4

2009 Hiring Companies

The Ascott Group

Assistant Residence Manager – Singapore

Boeing Analyst

C9 Hotelworks, LTD

Assistant Vice President – Thailand

CheongWon

Marketing Associate Manager – South Korea

Chulalongkorn Business School, Chulalongkorn University

Lecturer – Service Marketing – Thailand

Dahlmann Campus Inn

Sales Manager

Ernst & Young, LLP

Analyst

Eureka Casino Hotel

Resident Hotel Manager

Fairmont Hotels and Resorts

Management Training Program – Singapore

Assistant Manager, Front Office – United Arab Emirates

Hillstone Restaurant Group

Management Training Program

Holiday Inn

Front Office and Reservations Manager – Republic of Maldives

IKEA, AG

Establishment Specialist – South Korea

Indian Hotels Company, Limited Sales Manager – India

Manager of Special Projects – India

InterContinental Hotels Group

Financial Analyst – China

Marketing Services Manager – Singapore

Ishlab Music

Marketing Director

Kimpton Hotel and Restaurant Group

Revenue Analyst* Sales Manager LNR Property Corporation Senior Analyst Microsoft Software Engineer

Orix Investment and Management

Vice President, Project Development and Investment – Singapore

Pan Pacific Hotels Group

Development Marketing Manager

Protea Hotels

Special Projects Manager – Zambia

Revenue Management Solutions Senior Analyst

Consultant

Singapore Meritus International Hotels, Pte. Ltd. Special Projects Manager – Singapore

Six Senses Destination Spa

Management Trainee – Wellness Operations – Thailand

The Taj Group of Hotels

Director of Sales – India

Union Square Hospitality Group

Dining Room Manager

Waterworks Aquatics

Operations Manager

White Lodging Services

Operations Manager Yihong Group Director – China Yum! Brands Consumer Insights Zions Hospitality Sales Manager

* More than one person accepted this position with this company

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The School

For Hospitality Leadership

MMH – Class of 2009

P r o d u c e d b y

Career Management in the Office of Student Services

School of Hotel Administration

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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