VAST RESOURCES.
PERSONAL FOCUS.
Final Employment Review
for
Smeal MBA Class of 2011
Full-Time Employment
Profile for Smeal MBA Class of 2011
Entering Class Size:
84
Mean Prior Work Experience:
55 months
Mean Age of New Entrants:
28 years
Median Age of New Entrants:
27 years
Mean GMAT Score:
652
Median GMAT Score:
650
Mean Undergraduate GPA:
3.3
Undergraduate Specialization of 2011 Graduates
26%
38%
36%
Business
Technical
Other
4
Note: Percentage of job-accepting graduates according to their undergraduate major (Technical, Business, and Other).
Compensation Overview
5Signing Bonus
Percent receiving:
67%
Mean:
$11,048
Median:
$10,000
Maximum:
$25,000
Minimum:
$1,000
Base Salary
Mean:
$85,711
Median:
$87,154
Maximum:
$120,000
Minimum:
$37,500
Other Guaranteed Compensation
Percent receiving:
28%
Mean:
$9,175
Median:
$7,000
Maximum:
$25,000
Minimum:
$2,000
Note: Other Guaranteed Compensation may include other taxable payroll compensation such as a guaranteed annual bonus or guaranteed overtime compensation. It excludes stock options, tuition reimbursement, moving expenses, and relocation allowance monies.
Job Offer Overview
Job Offers Received
By graduation:
65%
By 3 months after graduation:
84%
Job Offers Accepted
Before graduation:
62%
By 3 months after graduation:
78%
Employment by Function
36
30
16
10
8
Operations/Logistics
Marketing/Sales
Consulting
Finance/Accounting
General Management
0
10
20
30
40
Percent
7Base Salary by Function
Finance and
Accounting
Marketing
and Sales
Operations
and
Logistics
Consulting
General
Mgmt
Mean
$86,500
$78,755
$84,042
$102,750
$77,291
Median
$85,000
$75,000
$87,154
$108,500
$76,082
8Employment by Industry
26
22
16
12
10
8
6
Manufacturing
Other
Consulting
Consumer Products
Technology
Pharma/Biotech/Healthcare
Financial Services
0
5
10
15
20
25
30
Percent
9Base Salary by Industry
Consulting
Financial
Services
Pharma/
Biotech &
Health Care
Technology Manufacturing
Consumer
Products
Mean
$102,750
$77,500
$103,750
$94,600
$85,022
$70,167
Median
$108,500
$82,500
$107,500
$92,000
$88,404
$72,500
Smeal MBA 2010 Graduates Full-Time Employment
by Geographic Region
6%
8%
12%
16%
21%
37%
0%
10%
20%
30%
40%
Southwest
South
West
Midwest
Northeast
Mid-Atlantic
11Base Salary by U.S. Geographic Region
Mid-Atlantic
Northeast
South
Southwest Midwest
West
Mean
$80,147
$92,625 $101,750 $77,817
$81,076 $91,694
Median
$80,000
$88,000 $101,000 $85,000
$87,154 $90,000
Organizations Hiring Class of 2011 MBAs
Accuweather*
Air Products and Chemicals, Inc.
Apple
Carlisle Companies Inc. (2)*
Caterpillar
Centris Consulting
Colgate-Palmolive
Corning Inc. (2)*
Crocs, Inc.
Cummins Inc. (2)*
Danaher Corp. (Tektronix)*
DecisionPro*
DEI Holdings, Inc.
Dell Inc.*
Deloitte Consulting LLP (2)*
dunnhumbyUSA
DuPont
Ernst & Young (3)*
H.J. Heinz Company
Hirtle, Callaghan & Company
IBM (2)
Johnson & Johnson
Kellogg Company
Kraft Foods, Inc.
Lockheed Martin
Mediterranean Shipping Company*
Niagara Bottling, LLC
Oracle (2)*
Pfizer Inc.
PNC Financial Services Group
QBC Diagnostics
Rockwell Automation
San Francisco Intl Airport
Sears Holdings Corporation (2)*
SKIM Group
Smith & Nephew
Snyder’s Lance, Inc.
Standard Register
State College Chiropractic Group
TOTALogistix, Inc.*
* Denotes company that hired international student(s)
Final Employment Review
for
Smeal MBA Class of 2012
Internship Employment
Internship Compensation
15
Base Weekly Salary
Mean:
$1255
Median:
$1320
Maximum:
$1996
Minimum:
$310
Percentage of Class Completing a Summer Internship or Project: 93%
Internship Activity Overview
Notes: 1) Base salary data presented in a weekly format; multiply by 4.33 to convert to a monthly format. 2) Base salary data excludes other compensation items such as relocation, corporate housing, and guaranteed “overtime” pay. Only paid internships are included in the data set.
3) Many firms include non-salary perquisites as part of the overall internship offering, which lowers average salary statistics and can make it difficult to accurately compare one offer against another.
Organizations Hiring Class of 2012 MBA Interns
Air Products and Chemicals Inc. AmerisourceBergen (2)*
Analog Devices Apple (5)* Baker Hughes
Carlisle Companies Inc. (2)* Chase
Chevron
Colgate-Palmolive
Convergent Wealth Advisors Corning Inc. *
Cummins Inc. * Curtiss-Wright
Defense Logistics Agency Dell Inc. (2)*
Deloitte Consulting LLP Dow Chemical
DuPont (2)*
Education Management Corporation Environmental Defense Fund – ViaWest*
Ernst & Young * Essence Securities* ExxonMobil
First Hawaiian Bank Forest Laboratories, Inc. Geodis*
Goodyear Tire and Rubber Company (3) Google Inc.
Hershey Entertainment Resort Hess Corporation (3)
Human Genome Sciences, Inc. INDIGO Biosciences, Inc. (2)*
Inst. for Management & Financial Research Ctr. For Microfinance
Intel Corporation Johnson & Johnson JLG Industries, Inc. JM Smucker Company Kimberly-Clark Professional Kraft Foods, Inc.
Mars Chocolate North America (2)
Momentive Performance Materials Inc.(2)* Nationwide Financials*
Normandy Real Estate Penn State University (2)* Pfizer Inc. (4) PPG Industries (2) PSU/GPIC (2) QBC Diagnostics* Quest Diagnostics Reckitt Benckiser* Relay Network, LLC*
Sears Holdings Corporation (6)* Spring Creek Rehabilitation Stryker
TE Connectivity*
The Ackman-Ziff Real Estate Group LLC* The Hartford Group
UGI Energy Services Verizon Communications VWR International, LLC (3)* Wegger & Kvalsvik*
* Denotes company that hired international student(s)