MBA EMPLOYMENT REPORT

MBA EMPLOYMENT REPORT

2019-2020

I am pleased to share the Employment Report for MBA Class of 2019, including internship data for MBA Class of 2020. MBA Class of 2019 graduates accepted positions across a wide range of career paths ? from early-stage startups to large, established companies. This year, median base salary increased to $140,000, with a median signing bonus of $30,000. 45% of job-seeking graduates accepted positions at our top employers (with three or more hires), and 55% accepted opportunities at large, mid-sized, and startup companies, often taking on unique roles within the company. Growth potential was the top reason (44.3%) for accepting their position. Consulting and Technology tied as our top industries this year (30.7%), and the percentage of students accepting positions in Finance (19.7%) has continued to increase over previous years. For the MBA Class of 2020, the top internship industries were Technology, Finance, and Consulting, with 35% accepting internships at our top hiring companies (with four or more hires). This year, our students accepted opportunities with over 300 companies in 24 countries, including the US. MIT Sloan is at the center of a dynamic hub of technology and innovation, and we are excited to share this energy with so many different companies around the world.

Thank you for your support of MIT Sloan!

Susan Sandler Brennan Assistant Dean, MIT Sloan Career Development Office

MIT SLOAN MBA 2019-2020 EMPLOYMENT REPORT | Page 1

EMPLOYERS HIRING MEMBERS OF THE MBA CLASSES OF 2019 AND 2020

2048 Ventures

Boston Medical Center

DICK'S Sporting Goods

Gusto

Macquarie Group

Plug and Play

Snap Inc.

&vest

Acoustic Wells

Bowery Valuation

DiDi

Hardworkers

Major League Baseball

Portola Pharmaceuticals

Social Finance

Via Transportation

Activision Blizzard Adage Capital Management

Bridgewater Associates C3

Dimensional Fund Advisors DocuSign

Center for International Manulife Asset Management PowerGen Renewable Energy SoftBank Vision Fund

Development at Harvard March Capital Partners

Powerhouse

Sonos

VMware Voltus

Adobe

C6 Bank

Advent International Corp Camber Holdings

Aeolus Capital Management Capital One

Duolingo Echodyne Corp EDSCO

Hello Alfred HelloFresh Hewlett Packard

Marriott International

Massachusetts General Hospital

Prinsiri PTC PWC Strategy&

Sony Interactive Entertainment

Soofa

Watermill Group Wayfair WEX

AirAsia Albizia Capital Pte Ltd Aldrich Capital Partners Allbirds

CapShift Cargo One CarGurus CaroCare

Elemen elphi Est?e Lauder Companies Eventide Asset Management

HomeAdvisor Honeywell International HubSpot IBM

MasterCard Worldwide MathWorks

Pzena Investment Management

Mayor's Office of New Urban Rachio

Mechanics Boston

Rakuten

SpaceX Spherical Analytics Spotify Square

White Star Capital

William and Flora Hewlett Foundation

William Blair & Company

Alter Global

Catalyst Education Lab

Altman Vilandrie & Company Caterpillar*

Amazon*

Chewy

American Industrial Partners* CIC

Evercore EverQuote EY-Parthenon Facebook

IDEO IFC IHG Impossible Foods

McKinsey & Company MFS Investment Management Microsoft

Modern Electron

RapidSOS Rappi Regent Properties REI

Starbucks

World Surf League

State Street Associates WorldQuant

StubHub Sumo Logic

Worldwide Security Group

Amgen*

Cicero Group

Falabella

Indigo Agriculture

Momofuku

Rent the Runway

Sun Mountain Partners XP Investimentos

Analysis Group

Cisco

Farther Finance

Infinite Cooling

Morgan Stanley

ResMed

Suzano

Yext

Anheuser-Busch InBev Apple Arctaris Capital Partners

Citi

City of Boston Mayor's Office of Financial Empowerment

Fidelity Investments Fintonic FJ Labs

Instacart IFC World Bank Group Iterative Scopes

Moveworks Nasdaq National Grid*

Restaurant Brands International

Rhapsody Venture Partners

Syneos Health T. Rowe Price Target*

Zapata Computing, Inc. Zillow Group Zoox

Argonne National Laboratory CMA CGM

Flex*

JetBlue Travel Products New Balance

Rivian

TATCHA

ZX Ventures

Armoire

Cockroach Labs

Ford Motor Company

Jobcase

New York Islanders

Roland Berger

Tencent

Arterys

Cohesity

Form Energy

JP Morgan Chase & Co. NextEra Energy

Rothy's

Tesla

Asana

Coin Metrics

Fortive

Kapor Capital

Nike*

Round Hill Ventures

Thermo Fisher Scientific

A.T. Kearney

Coltala Holdings

Foundation Medicine

Kargo Technologies

Noctua Partners

Routable AI

Thrive Capital

Aviation Capital Group

Comcast Comprador

FRED Education Group LLC Frog Design

KeyBanc Capital Markets Nubank

KKR & Co. Inc.

Nuro

RV Captial Salesforce

TILT Investment Management

Bain & Company

COSIMO Ventures

Funda??o Lemann

Kora Management LP

nuTonomy

Samsara

TLG Capital

Bank of America Merrill Lynch Costanoa Ventures

Gap

Kraft Analytics Group Okta

Samsung

Toast

Barings

Coursera

Gates Corporation

Kuaishou

Omidyar Network

Sanofi Genzyme*

Tokopedia

BC Partners

Craftco

Generate Capital

L.E.K. Consulting

OneWeb

Santander Bank

Traveloka

Beacon Capital Partners

Creative Artists Agency German Soccer League

Legit

OpenBiome

SAP

TripAdvisor

Bechtel Enterprises

Credit Suisse

Glassdoor

Liberty Mutual Insurance OpenSC

ScaleTech

Truework

Better

Credo Beauty

Glasswing Ventures

Lightmatter

OpenTable

SCG

Tulou

Beyond Meat Bird

CrossBoundary Cruise Automation

GlaxoSmithKline Goldman Sachs

Lime Lincoln International

Partnership for Los Angeles SenseTime

Schools

Shift Capital

Twilio Twitter

The Blackstone Group

CustomerFirst Renewables Google

LinkedIn

Patria Investments

Shopbop

Uber

Blue like an Orange Sustainable Capital

Blue Origin

Cybereason Danaher Corporation* daytoday health

Grab

Lionsgate

Gramercy Funds Management Logitech

Greentech Capital Advisors

Paul, Weiss, Rifkind, Wharton & Garrison

PayPal

Shopee

Siemens Management Consulting

UBS Underscore VC Venn

Boeing*

Deloitte Consulting

Grubhub

L'Or?al

PillPack

Silver Peak Partners

Verizon*

The Boston Consulting Group Deutsche Bank

Guidehouse

Lyra Health

Pivotal Commware

Simmons Energy

Vertex Pharmaceuticals

Red = Employers hiring three or more MIT Sloan MBA students for full-time and/or summer positions. *LGO Partner during the 2018-2019 academic year.

MIT SLOAN MBA 2019-2020 EMPLOYMENT REPORT | Page 2

MBA CLASS OF 2019 FULL-TIME EMPLOYMENT HIGHLIGHTS

TOP INDUSTRIES SALARY SUMMARY

Consulting Technology

Finance

30.7% 30.7% 19.7%

$55K

Minimum base salary

$140K

Median base salary

$250K

Maximum base salary

SIGNING BONUS

$30K MEDIAN GUARANTEED BONUS COMPENSATION

72.1% OF STUDENTS ACCEPTING AN OFFER

AND PROVIDING USABLE SALARY DATA REPORTED RECEIVING A SIGNING BONUS

JOB OFFERS

95.7% RECEIVED FULL-TIME OFFERS

WITHIN THREE MONTHS OF GRADUATION

TOP REASON FOR ACCEPTING POSITION 44.3% GROWTH POTENTIAL

MIT SLOAN MBA 2019-2020 EMPLOYMENT REPORT | Page 3

MBA CLASS OF 2019 PROFILE DATA

CLASS PROFILE1

Number of Candidates

404

U.S. Citizens/Permanent Residents

67%

Non-U.S. Citizens

33%

Women

42%

Median GMAT Score

722

Average Undergraduate GPA (out of 4.0)

3.5

Average Age at Entry to MIT Sloan

29

Average Years Full-Time Work Experience Prior to MIT Sloan

4.9

1 Class profile, as of matriculation, includes information for MBA students and students in the joint MBA/Leaders for Global Operations program.

EMPLOYMENT PROFILE

Total Seeking Not Seeking

No Recent Data

Sponsored and Returning Starting a Business Continuing Education Not Seeking - Other Reason

Count 403 324 78 46 27 4 1 1

% of Class 100 80.4 19.4 11.4 6.7 1.0 0.2 0.2

TOP EMPLOYERS OF MBA CLASS OF 2019

The Boston Consulting Group

# of Hires 36

Bain & Company

19

Google

15

McKinsey & Company

12

Amazon

10

Amgen

7

JP Morgan Chase & Co.

7

DiDi

4

EY-Parthenon

4

IBM

4

Microsoft

4

PwC Strategy&

4

Analysis Group

3

Bank of America Merrill Lynch

3

Deloitte Consulting

3

Goldman Sachs

3

L.E.K. Consulting

3

Massachusetts General Hospital

3

Wayfair

3

MIT SLOAN MBA 2019-2020 EMPLOYMENT REPORT | Page 4

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