EMPLOYMENT REPORT 2019

MASTER OF HUMAN RESOURCES & INDUSTRIAL RELATIONS

LETTER FROM THE

DIRECTOR

Greetings from the Graduate Business Career Center,

It is my pleasure to share the 2019 Employment Report for our Full-Time Master of Human Resources and Industrial Relations students here at the Carlson School! We are pleased to report that 98% of our MHRIR graduates accepted offers within six months post-graduation. This last year, as more students are looking at quality of life when they evaluate offers, they come to us with questions about benefit packages. This is the first year we started tracking vacation/paid time off and we see an average of three weeks PTO across companies and industries.

The GBCC held over 700 employer meetings, hosted 136 companies, and organized 190 events across nine programs during the past year. Our coaches managed over 4,000 coaching appointments and delivered dozens of workshops. We strive to not only prepare our students well, but also deliver excellent customer service to our company partners. As one recruiter remarked, “We love the Carlson School team and GBCC. Really appreciate the effort they put into the partnership with us, as well as all the preparation provided to the students. The attention to detail of the GBCC is the best!”

On a personal note, I have seen so much growth in the GBCC team and the populations we serve. Since I joined the Carlson team, we have grown from serving MBA and HRIR students to supporting nine different programs, including our MSBA, MSF, and Supply Chain Management programs. This year Carlson launched an Online MBA and our office is providing services to students across the country virtually. This widened scope and oversight of new innovative programs has allowed us to not only serve more students, but also connect with a wider pool of employers across industries. We love the dynamic, ever-changing nature of supporting graduate business students.

In the GBCC, we believe everyone should love what they do. Our goal is to help students find their dream jobs as well as to help employers connect with our hard-working and talented students.

Thank you for your ongoing partnership! Go Maroon & Gold!

MAGGIE TOMASDirectorGraduate Business Career Center mtomas@umn.edu

MHRIR - CLASS OF 2019

EMPLOYMENT REPORT

Range

Signing Bonus

$15,000

$5,000 $50,000

Base Salary*

Range**

Median Median$80,000

$11,000 $101,500

of 2019 graduates accepted employment offers within six months after graduation

100% with U.S. work authorization96% without U.S. work authorization

98%

57GRADUATES

54GRADUATES SEEKING

FULL-TIME EMPLOYMENT

* Based on usable salary information from 60% of graduates with accepted employment offers

**Salary range includes offers accepted outside the United States

Median Salary for International Students:

Median Salary at Small to Mid-Sized Companies:

Median Salary for Domestic Students:

$81,250

Median Salary at Fortune 500 Companies:

$85,000

$50,000

$54,120

MHRIR - CLASS OF 2019

EMPLOYMENT REPORT

BY INDUSTRY PERCENT MEDIAN SALARY

Manufacturing 21% $80,000

Technology 17% $80,000

Healthcare 13% $80,000

Energy 10% $92,000

Consulting 10% Insufficient data

Financial Services 8% Insufficient data

Consumer Packaged Goods 6% Insufficient data

Retail 6% Insufficient data

Other Industries (incl. HR Services and Construction) 10% Insufficient data

YEARS OF EXPERIENCE PERCENT MEDIAN SALARY

One year or less 37% $80,750

1 - 3 Years 39% $80,000

3 - 5 Years 7% Insufficient data

5 or more years 13% $77,500

WHERE STUDENTS ACCEPTED JOBS

27%

15%6%

4%

0%

ASIA-PACIFIC

21%

27%

28%GRADUATE-INITIATED JOB SEARCH ACTIVITIES

59%SCHOOL-FACILITATED RECRUITING ACTIVITIES

13%UNKNOWN

SOURCES OF JOBS

ACCEPTED

MHRIR - CLASS OF 2019

EMPLOYMENT REPORT

MHRIR - CLASS OF 2020

INTERNSHIP REPORT

Range**

HOURLY WAGE*

Median$30.63

$2.00 $44.60$31.73 with U.S. work authorization $18.00 without U.S. work authorization

accepted internship offers100%

58STUDENTS

55STUDENTS SEEKING INTERNSHIPS

BY INDUSTRY PERCENT MEDIAN WAGE

Manufacturing 24% $30.00

Technology 22% $31.73

Consumer Packaged Goods 13% $34.94

Healthcare 13% $23.13

Non-Profit 9% Insufficient data

Energy 5% $38.51

Other (incl. Consulting, Financial Services, Government, Media) 14% Insufficient data

WHERE STUDENTS ACCEPTED INTERNSHIPS

13%

11%9%

5%

0%

ASIA-PACIFIC

25%

36%

* Based on usable wage information from 62% of students with accepted internship offers

**Wage range includes offers accepted outside the United States

COMPANIES THAT HIRED

CARLSON SCHOOL MHRIR STUDENTS

AMAZON

AMPLIFON AMERICAS

ANAPLAN

ARTHUR J GALLAGHER

BAIDU, INC.

BEIJING XIAOJU TECHNOLOGY CO, LTD.

BOEING

BOHENG DATA LLC

BRISTOL-MYERS SQUIBB

BYTEDANCE INC.

CATHOLIC CHARITIES OF THE EAST BAY

CHARLES SCHWAB

CHINA CONSTRUCTION AMERICA

CHINA NEWS SERVICE

CIGNA & CMB LIFE INSURANCE

COBHAM ADVANCED ELECTRONIC SOLUTIONS

COOPERATIVE RESPONSE CENTER

DFS

DIDI

ECOLAB INC.

ERNST & YOUNG

EXXONMOBIL

FLEXIV LTD.

FOSUN

GENERAL ELECTRIC COMPANY

GENERAL MILLS

HEALTHPARTNERS

HIREIO

HONEYWELL INTERNATIONAL INC.

HUAXIA DUN&BRADSTREET

IGUOSHI EDUCATION TECHNOLOGY CO.

INGERSOLL RAND

INTELLIPRO GROUP

JACK LINK’S

JOHNSON & JOHNSON

KINKISHARYO INTERNATIONAL

LAND O’LAKES

MERCER

MICROSOFT

NOKIA

NOVARTIS

OPEN CITIES HEALTH CENTER

PEPSICO

QUALTRICS

REDSTONE HAUTE COUTURE CO., LTD.

RESIDEO

RISE, INC.

SAINT-GOBAIN SAGEGLASS ELECTROCHROMIC INC

SPS COMMERCE

SSANGYONG ENGINEERING & CONSTRUCTION

STATE OF MINNESOTA

TAIYOU FUND

TARGET CORPORATION

THE BORGEN PROJECT

TRIUMPH GROUP

TYSON FOODS

UNITED IMAGING

UNITEDHEALTH GROUP

UNIVERSITY OF MINNESOTA

YINGDE GASES GROUP

ZOETIS INC.

* Bold companies were top hirers in 2019

MOST OFFERS MADE:

MHRIR

CLASS PROFILES

AVERAGE UNDERGRADUATE GPA

AVERAGE AGE AT MATRICULATION

AVERAGE FULL-TIME WORK EXPERIENCE

3.44 251 YEAR

CLASS OF 2020

GEOGRAPHIC REPRESENTATION

9%STUDENTS OF COLOR

57%INTERNATIONAL STUDENTS

37%MALE STUDENTS

63%FEMALE STUDENTS

GEOGRAPHIC REPRESENTATION

CLASS OF 2021

43%

CHINA

45%

CHINA

OTHER INTERNATIONAL

12%

28%

17%

OTHER U.S.

OTHER INTERNATIONAL

11%

24%

21%

OTHER U.S.

10%STUDENTS OF COLOR

56%INTERNATIONAL STUDENTS

33%MALE STUDENTS

67%FEMALE STUDENTS

3.5 24<1 YEAR

AVERAGE UNDERGRADUATE GPA

AVERAGE AGE AT MATRICULATION

AVERAGE FULL-TIME WORK EXPERIENCE