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MBA EMPLOYMENT REPORT 2014

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Page 1: 2014 MBA EMPLOYMENT REPORT Internship Summary ... US News & World Report ranked our McGuire Center ... News & World Report in 2014. Base Salary Trending $95,000

MBAEMPLOYMENT

REPORT

2014

Page 2: 2014 MBA EMPLOYMENT REPORT Internship Summary ... US News & World Report ranked our McGuire Center ... News & World Report in 2014. Base Salary Trending $95,000

Cover Photo: Yvette Anchondo-Leyva

1 Career Management Team

2 2014 Year in Review

3 Class Profiles

4-5 Employment Summary

6-8 Employment & Salary Statistics

10-11 Internship Summary

12 Organizations Recruiting and Hiring Eller MBA Students

13 Spring 2015 Important Dates

13 How to Connect With UsCONTENTS

This report conforms to the MBA Career Services & Employer Alliance Standards for Reporting MBA Employment Statistics.

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The University of Arizona | Eller College of Management

2014 EMPLOYMENT REPORT

Eller MBA | Eller College of Management | The University of ArizonaMcClelland Hall 210 | PO Box 210108 | Tucson, AZ 85721-0108

520-621-4008 | Fax: 520.621.2606 | ellermba.arizona.edutwitter.com/uaellermba | facebook.com/ellermbaprograms | instagram.com/ellermba

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Career Management Team

Jen Maiorany

DirectorMBA Career Management

[email protected]

Funmilayo Ojikutu

Assistant DirectorMBA Career [email protected]

520.626.4528

Gloria Verdin

ManagerMBA Employer [email protected]

520.626.7691

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It is our pleasure to present the Eller MBA Employment Report. The Career Management team, in conjunction with students and business leaders, plays a pivotal role in supporting MBA candidates as they transition to new fields, functions, and industries. From mock interviews, to career treks, to showcase events, each program experience is provided to offer students real-world scenarios and prepare them for all future professional endeavors.

Eller MBA is part of a diverse, close-knit learning community that is immersed in the culture of a large university. The small class sizes and low faculty-student ratio offer students unique opportunities to develop business acumen and leadership skills sought by employers. The program’s focus on experiential learning, communication, and data analytics provides the foundational skills needed for students to work effectively with leaders and stakeholders at all levels. Our program prides itself on developing innovative business leaders who can drive bottom line results.

In 2014, we maintained our top 50 status and were ranked

#48 with the US News & World Report. Furthermore, US News & World Report ranked our McGuire Center for Entrepreneurship as #11 and our MIS program as #5. These honors speak to the extraordinary value our students bring to employers across the globe.

With this employment report, we are thrilled to share our accomplishments with you and invite you to join us in celebrating our successes and being part of our future!

Hope Jensen SchauAssociate Dean of Eller MBA ProgramsAssociate Professor of MarketingGary M. Munsinger Chair in Entrepreneurship and Innovation

Jennifer MaioranyDirectorMBA Career Management

2014 YEAR IN REVIEW

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Class ProfilesEller MBA students come from a diverse mix of geographic, academic, professional, and cultural backgrounds. Our reputation around the globe has resulted in a student population that represents 9 countries and 12 states. The students’ varied experiences directly contribute to the robust and unique environment that defines the Eller experience.

DEMOGRAPHIC PROFILECLASS OF

2016CLASS OF

2015

Enrollment 40 43

Average GMAT 646 639

Average Years of Professional Experience 3.5 3.6

Average Age 26 27

Females 23% 30%

Minorities 13% 12%

International 35% 47%

UNDERGRADUATE MAJORSCLASS OF

2016CLASS OF

2015

Business/Economics/Finance/Management

20% 26%

Math/Science/Engineering 40% 39%

Liberal Arts/Social Science 25% 14%

Other 15% 21%

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Class of 2014 Employment Summary

Career exploration begins the moment students arrive on campus and continues throughout their Eller MBA experience. Students actively explore various industries, functions, and career paths through a multitude of avenues, including information sessions, interviews, workshops & panels, site visits, and networking events. The Career Management team works diligently to assist individuals in finding companies where fit and values align for both students and employers.

Number of Students Seeking Employment 35Employment Rate at Graduation 62.9%

Employment Rate 90-Days Post Graduation 82.9%Average Salary $80,222

Average Signing Bonus $10,449

GraduatesPermanent

WorkAuthorization

Non-Permanent Work

Authorization

Total MBA

Graduates

Seeking Employment 22 13 35

Not Seeking Employment 12 4 16Company Sponsored or

Already Employed 0 0 0

Continuing Education 1 1 2

Postponing Job Search 4 0 4

Starting a New Business 2 1 3

Not Seeking for Other Reasons 5 2 7

No Information Available 1 1 2

TOTAL GRADUATES REPORTING 35 18 53

Employment Status Summary

Timing of First Offers

GraduatesTotal Graduates

Seeking Employment

First Job Offer by Graduation

Number Percent

First Job Offer by 3-Months Post-Graduation

Number Percent

Permanent Work Authorization 22 17 77.3% 2 9.1%Non-Permanent Work Authorization 13 7 53.8% 5 38.5%

TOTAL GRADUATES REPORTING 35 24 68.6% 7 20.0%

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Job Acceptances

Source of Full-Time Job Acceptances

CLASS OF 2014 EMPLOYMENT SUMMARY

24.1%Not Reported

34.5%Student Facilitated

41.4%School Facilitated

5

“Eller graduates have continuously and consistently

demonstrated success as members of the Sempra

Energy team. Specifically, Eller graduates possess the

business drive, acumen, and talent that has helped

move Sempra Energy forward as a progressive energy

company.”

~ Mike Schneider, Vice President, Operations Support at Sempra Energy

GraduatesTotal Graduates

Seeking Employment

Accepted a Job by Graduation

Number Percent

Accepted a Job By 3-Months Post-Graduation

Number Percent

Permanent Work Authorization 22 16 72.7% 1 4.5%

Non-Permanent Work Authorization 13 6 46.2% 6 46.2%

TOTAL GRADUATES REPORTING 35 22 62.9% 7 20.0%

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MBA Base Salary

Number Reporting

Average Median Low High

Permanent Work Authorization 17 $79,681 $85,000 $52,000 $110,000

Non-Permanent Work Authorization 11 $81,059 $75,000 $57,400 $125,000

TOTAL GRADUATES REPORTING 28 $80,222 $75,785 $52,000 $125,000

NumberReporting

Average Median Low High

Permanent Work Authorization 7 $9,085 $10,000 $5,000 $12,595

Non-Permanent Work Authorization 1 - - - -

TOTAL GRADUATES REPORTING 8 $10,449 $10,000 $5,000 $20,000

Graduates Accepting New Employment Number Percent

Average Base Salary

Median Base Salary

One year or less 5 17.2% $75,000 $85,000

1-3 years 7 24.1% $66,950 $63,750

3-5 years 9 31.0% $82,946 $75,785

5+ years 8 27.6% $92,375 $97,000

TOTAL GRADUATES REPORTING 29 100.0% $80,222 $75,785

Base Salary by Years of Professional Experience

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EMPLOYMENT & SALARY STATISTICS

MBA Signing Bonus

“As a career switcher, I was looking for an MBA program that would provide me with the right balance of

classroom theory and real-world application. Eller was the perfect fit. In addition to their balanced approach

to the classroom, the experiential learning component of Eller is one of the many ways it differentiates itself

from the rest. Eller is a very collaborative environment and the relationships I was able to build with fellow

students, professors and staff were invaluable. The team at Eller really goes “all in” on each student and is

focused on building the right tools for their professional development.”

~ Chris Northey, Class of 2013, Marketing Strategy Director, Mister Car Wash

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Eller’s McGuire Center for Entrepreneurship is ranked #11 overall and Eller’s Management Information Systems (MIS) is ranked #5 overall by U.S.

News & World Report in 2014.

Base Salary Trending

$95,000

$90,000

$85,000

$80,000

$75,000

$70,000

$65,000

$60,000

Class of 2010 Class of 2011 Class of 2012 Class of 2013 Class of 2014

$80,222

$86,388

$82,423$82,263

$70,282

Salary by Function

Average Base Salary

Salary Range

Finance/Accounting $69,117 $60,000 - $92,000

Information Technology $74,667 $60,000 - $88,000

Consulting $97,880 $57,400 - $125,000

General Management $75,400 $52,000 - $110,000

Marketing/Sales $85,750 $85,000 - $88,000

Other - -

EMPLOYMENT & SALARY STATISTICS

Finance/Accounting

Information Technology

Consulting

General Management

Marketing/Sales

Other

24.1%

20.7%

17.2%

17.2%

17.2%

3.4%

Employment by Function

7

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108

EMPLOYMENT & SALARY STATISTICS

Salary by Industry

Average Base Salary

Salary Range

Financial Services $75,750 $60,000 - $88,000

Consulting $95,150 $63,750 - $125,000

Pharm/Biotech/Healthcare $71,880 $57,400 - $92,000

Technology $77,893 $75,000 - $85,000

Other $77,333 $52,000 - $105,000

Manufacturing $86,667 $65,000 - $110,000

Consumer Products - -

Non-Profit - -

Geographic Location

3.4%

10.3%

13.8%

17.2%

55.2%

Southwest

West

Midwest

Northeast

Mid-Atlantic

Employment by Industry

Financial Services

Consulting

Pharm/Biotech/Healthcare

Technology

Other

Manufacturing

Consumer Products

Non-Profit

20.7%

17.2%

13.8%

13.8%

3.4%

10.3%

3.4%

17.2%

“The Full-Time Eller MBA taught me to think more critically about the issues and opportunities I am

confronted with daily, both personally and professionally. Since graduating from Eller I have moved into a

company and a role that would have been otherwise unattainable without the MBA degree. The differentiator

with the Eller MBA is the reinforcement of theory and research with real world application evident in the

business communication and consulting project experiences. This type of results oriented experience is what

sets Eller apart from other top tier programs and gives Eller graduates the practical tools to compete in a

tough job market.”

~ Josh Dow, Class of 2014, Eaton Product Strategy Manager, Veteran: US Marine Corps, Captain

Employment Acceptance

82.9%

62.9%

100%

80%

60%

40%

20%

0%At Graduation By 3 Months Post-Graduation

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Internships are a critical component in building real-world experience with direct application to career paths. They provide students with the unique opportunity to apply and gain real world

insight into the concepts that they learn in the classroom and expose them to company cultures and additional networking opportunities. In 2014, 100% of the class of 2015 secured positions.

StudentsTotal Students Seeking

EmploymentAccepted Internship

Number Percent Permanent Work Authorization 17 17 100.0%

Non-Permanent Work Authorization 16 16 100.0%

TOTAL STUDENTS REPORTING 33 33 100.0%

Monthly SalaryNumber

ReportingAverage Median Low High

Permanent Work Authorization 14 $4,656 $4,548 $2,030 $8,200

Non-Permanent Work Authorization 13 $3,149 $3,000 $1,333 $6,923

TOTAL STUDENTS REPORTING 27 $3,930 $3,680 $1,333 $8,200

INTERNSHIP SUMMARY

StudentsPermanent

WorkAuthorization

Non-Permanent Work

Authorization

Total MBA

StudentsSeeking Employment 17 16 33

Not Seeking Employment 5 2 7

Company Sponsored or Already Employed 0 1 1

Continuing Education 0 0 0

Postponing Job Search 0 0 0

Starting a New Business 0 0 0

Not Seeking for Other Reasons 5 1 6

No Information Available 1 1 2

TOTAL STUDENTS REPORTING 23 19 42

School Facilitated

Student Faciliated

Not Reported

70.4%

18.5%

11.1%

Source of Internship Job Acceptances

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INTERNSHIP SUMMARY

Internship by Industry

30%

25%

20%

15%

10%

5%

0%Non-Profit Manufacturing Consulting Petroleum/

EnergyConsumer Products

Financial Services

Other Pharm/Biotech/

Healthcare

Technology

3.0% 3.0%6.1%

9.1%12.1%

15.2%

9.1%

18.2%

24.2%

“As a younger MBA student, Eller MBA provided the tailored guidance necessary to market myself and

compete in a workforce of experienced professionals. Staff and Faculty are truly invested in positioning each

class for success; it is a team effort, students have to be willing to do the work and apply the lessons taught.”

~ Kacy Navarrette, Class of 2014, Assistant Brand Manager, Henkel Consumer Goods, Inc.

Internship by Function

35%

30%

25%

20%

15%

10%

5%

0%

Operations/Logistics

Other General Management

Finance/Accounting

Information Technology

Marketing/Sales

6.1%

12.1%

27.3%

30.3%

12.1% 12.1%

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ORGANIZATIONS RECRUITING AND HIRING ELLER MBA STUDENTS

• 3M• Accenture• Allegiant Airlines• Amazon• American Airlines• Apex• Artesyn• Arizona Public Services• Bard• Bayshore Solutions• Caduceus Intelligence Corporation• CBRE• Centrify• Chegg• Cigna• Cintas• Cisco Systems• Cognizant• Compass Lexecon• Corelogic• CP Graphics• CVS Health• Definia • Del Monte• Deloitte• Discover Financial Services• Double Positive• DriveTime• Duke University Hospital• E&J Gallo• Eaton Corporation• Education Pioneers• eFulgent• Eli Lilly• Emerson• Equity Methods• Ernst & Young• Eton• EtQ • ExxonMobil

• Freemont Copper & Gold• Gallup• Gap, Inc. • General Electric• GoDaddy• GoGo Karma, LLC• Healthcare Appraisers• Henkel• Highmark Health• Holualoa• Humana• IBM• Informatica• Infusionsoft• Intel• JD Mellberg Financial • John Wiley & Sons• Johnson & Johnson• Kaiser Permanente• Kaybus• Kimberly Clark• Kindred Healthcare• Koch Asset Management • Liberty Mutual• Lockheed Martin• MayBank New York• Microsoft• Midas+• Mister Car Wash• Nationwide Insurance• Nestle Purina PetCare Company• NextMed• PayPal• Pepsi• PetSmart • Phoenix Children’s Hospital• Polymer Chemistry Innovations• PricewaterhouseCoopers• Prism• Protiviti

• Qualtrics• Rainbird • Raytheon• ROI Properties• Salesforce.com• Sargent Aerospace & Defense• Securaplane• Sempra Energy• Shamrock Foods• Siemens• SoftPoint• Tallsalt Advisors• Target Corporation• Tech Launch Arizona• Texas Instruments• The Hershey Company• The Jensen Company• The Lodge at Ventana Canyon• The University of Arizona Eller

College of Management• The Walt Disney Company• TIAA CREF• Tucson Medical Center• UMT Consulting Group• Under Armour• University of Michigan

Health System• US Airways• Vanguard• Vantage West Credit Union• Ventana Medical Systems• Verizon• Walbro Engine Management • Waste Management• Watermark Retirement

Communities• Wolverine• Xerox

“Working with Eller continues to be a first class experience. I am impressed by their facilities, their

faculty and career center, and most of all, their students. The students we have had an opportunity

to work with are extremely well-prepared, well-versed in the reality of the world today and are able to

drive immediate impact. Working with Eller is a tremendous privilege for Microsoft Operations.”

~ Josh Bartella, Director, Program & Customer Operations at Microsoft

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The Eller MBA Career Management Team will work with you to develop a customized plan

that will give you access to the talent your organization needs. Here are some of the options:

• Career Treks

• Company Sponsored Events

• Eller MBA Fall and Spring Career Fairs

• Information Sessions (on-campus or on-site)

• Interview Rooms

• Job Postings

• Mock Interviews

• On-Campus Interviewing

• Resume Books

• UA Fall and Spring Career Fairs

• Video Conferencing

Please contact Eller MBA Career Management at [email protected] for your

customized plan.

HOW TO CONNECT WITH US

SPRING 2015 IMPORTANT DATES

January 14Spring Classes Begin

March 16-18Seattle Career Trek

February 13Tucson Career Trek

February 27 Phoenix Career Trek

May 16Commencement

March 26 Eller MBA Spring Job Fair - Tucson

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The University of Arizona | Eller College of Management

Eller MBA | Eller College of Management | The University of ArizonaMcClelland Hall 210 | PO Box 210108 | Tucson, AZ 85721-0108

520-621-4008 | Fax: 520.621.2606 | ellermba.arizona.edutwitter.com/uaellermba | facebook.com/ellermbaprograms | instagram.com/ellermba

1/2015