VANDERBILT MBA
2022
EMPLOYMENT
REPORT
TO F R I E N D S A N D
A S S O C I AT ES O F
VA N D E R B I LT B U S I N ES S :
I am happy to share the Vanderbilt MBA Class of 2022
full-time employment outcomes and the Class of
2023 internships. After navigating the past 2 years of
disruption and uncertainty from the pandemic, Vanderbilt
students experienced a robust MBA job market and $139,711
achieved excellent results.
is the average
A primary reason a student will embark on an MBA degree starting base salary
is to transition a career path to a new industry or job for the MBA Class
function. Many of our students have made such a career of 2022
transition this year, and below are a few of the highlights from the 2021-2022
academic year:
n Employment rates were very strong. By graduation in mid-May, 90% of the
job-seeking Class of 2022 had received a full-time offer of employment, and
87% had accepted an offer. Also worth noting, 52% of accepted full-time
offers came as a result of a conversation during a summer internship. At 3
97 %
months post-graduation, 97% of the Class of 2022 had received a full-time
offer, with 95% of the class reporting they had accepted the employment offer.
n MBA compensation continued to grow across industries and job functions.
Average MBA base salary increased 12% in 2022 to $139,711, with a median of the Class of 2022
base salary of $135,000. The Class of 2022 also saw a significant increase received an offer
in signing/starting bonuses, with the average bonus up 24% to $34,262 and by 3 months post-
median to $30,000. graduation
n 100% of first years seeking a summer internship secured a role. Once
again, the first-year MBA class was 100% successful in securing internships
with 120 different companies. Approximately 50% of the Class of 2023
secured an internship in consulting and financial services, driving mean
internship compensation up 20% to $9,723 per month.
172
As the world rebounds from the pandemic, we have been fortunate to engage
with a record number of employer partners who continue to value Vanderbilt
MBA graduates for their leadership and collaboration. We are ever grateful to
these employer partners, as well as to our alumni that remain engaged with the
MBA program and happily participate in career programming to share insight companies hired
and guidance. As we begin the 2022-2023 academic year, we look forward to members of the
staying connected with you all throughout the next year. Classes of 2022
and 2023
Sincerely,
Emily Anderson
Senior Director, Career Management Center
Vanderbilt Owen Graduate School of Management
CLASS OF 2022
Full-Time Employment Statistics
Salary Data Top Hiring Companies:
Total Class Average Median Low High Number of Graduates Hired
Base Salary* Amazon.com, Inc. 12
U.S. Citizen/Permanent Resident $ 139,629 $ 135,000 $ 80,000 $ 180,000 EY 10
Foreign National $ 141,025 $ 136,300 $ 93,000 $ 175,000 PwC 7
Total $ 139,711 $ 135,000 $ 80,000 $180,000 Deloitte 6
Signing Bonus** Boston Consulting Group, Inc. 4
U.S. Citizen/Permanent Resident $ 33,298 $ 30,000 $ 4,500 $ 90,145 BofA Securities, Inc. 3
Foreign National $ 47,994 $ 47,500 $ 10,000 $ 85,300 Jefferies Group LLC 3
Total $ 34,262 $ 30,000 $ 4,500 $ 90,145
*Salary report is based upon usable salary information for 92% of those graduates who accepted a job.
**89% of graduates reporting base salary also reported receiving a signing bonus.
Job Function Percent Average Median Low High Source of Accepted Offers
Business/Data Analytics 5% $ 122,113 $ 127,500 $ 80,000 $ 140,000 School-Facilitated Activities
Consulting 34% $ 149,813 $ 165,000 $ 90,000 $ 180,000 Internship (Originally Through
Finance/Accounting 21% $ 149,503 $ 160,000 $ 90,000 $ 180,000 School-Facilitated Activity) 50%
General Management 8% $ 136,836 $ 132,600 $ 130,000 $ 150,000 Job Postings via Owen/Resume Books 13%
Human Resources 3% $ 116,820 $ 115,000 $ 100,000 $ 144,100 Interviews Scheduled via Owen 7%
Information Technology 1% Insufficient Data School Network (Alumni/Faculty/Class
Marketing 15% $ 117,611 $ 120,000 $ 87,000 $ 140,000 Referrals, Class Speakers, Projects) 7%
Operations Management 8% $ 133,350 $ 131,300 $ 105,000 $ 175,000 Activities Supported by Career Center
Other 4% $ 136,880 $ 130,000 $ 119,400 $ 175,000 (Job Fairs, Treks, Interview Events) 5%
Total 83%
Job Function: Detail Percent Average Median Low High
Consulting Graduate-Facilitated Activities
Management/Strategy 31% $ 151,681 $ 165,000 $ 90,000 $ 175,000 Personal Network (Family and Friends) 7%
Internal 3% $ 132,333 $ 122,500 $ 92,000 $ 180,000 Online Job Posting 5%
Finance/Accounting Other Student-Initiated Activities 3%
Corporate Finance 5% $ 111,942 $ 122,500 $ 90,000 $ 122,500 Internship (Originally Through Graduate-
Investment Banking/Cap. Markets 9% $ 173,077 $ 175,000 $ 150,000 $ 175,000 Facilitated Activity) 2%
Investments/Private Wealth 7% $ 144,667 $ 160,000 $ 92,000 $ 180,000 Total 17%
General Management
General Services 2% $ 147,533 $ 145,000 $ 132,600 $ 165,000
Leadership Development Program 6% $ 134,600 $ 132,600 $ 130,000 $ 150,000
Marketing
Brand/Product Management 10% $ 114,692 $ 116,000 $ 87,000 $ 140,000 Timing of Offers &
General 5% $ 125,200 $ 121,000 $ 115,000 $ 140,000 Acceptances
Operations Management By 3 Months
Supply Chain 3% $ 140,400 $ 132,000 $ 105,000 $ 175,000 By Graduation After Graduation
Other 5% $ 128,229 $ 130,000 $ 115,000 $ 140,000 May 2022 August 2022
Job Offers # % # %
U.S. Citizen/
Class of 2022 Class of 2022
Perm. Resident 134 92% 142 98%
Employment by Industry Employment by Job Function
Foreign National 8 67% 10 83%
Total 142 90% 152 97%
Job Acceptances
U.S. Citizen/
Perm. Resident 129 89% 139 96%
Foreign National 7 58% 10 83%
Total 136 87% 149 95%
This report conforms to the MBA Career
n 34% Consulting n 9% Consumer Products n 34% Consulting n 5%
Business/
Data Analytics Services and Employer Alliance standards
n 20% Financial Services n 3% Manufacturing n 21% Finance/Accounting
n 4 Other
% for reporting MBA employment statistics.
n 17% Technology n 3% Real Estate n 15% Marketing
n 13% Healthcare n 1% Nonprofit n 8% Operations n 3 Human Resources
%
n 1% Other Management n 1% Information Technology
n 8 General
%
Management
Salary Data Class of 2022 Profile
Industry Percent Average Median Low High Upon Enrollment*
Consulting 34% $ 150,833 $ 165,000 $ 90,000 $ 175,000 Class Size 182
Consumer Products 9% $ 115,273 $ 115,000 $ 105,000 $ 125,000 Women 32%
Financial Services 20% $ 153,407 $ 160,000 $ 92,000 $ 180,000 International Students 14%
Healthcare 13% $ 125,868 $ 130,000 $ 80,000 $ 150,000 Minorities (% of U.S. Citizens) 21%
Manufacturing 3% $ 126,774 $ 127,500 $ 122,096 $ 130,000 *Based on class as of September 2020.
Nonprofit 1% Insufficient Data
Real Estate 3% $ 115,000 $ 120,000 $ 100,000 $ 125,000 Post-Graduation
Technology 17% $ 128,622 $ 130,000 $ 87,000 $ 180,000 # of Graduates 179
Other 1% Insufficient Data # of Graduates Seeking Employment 157
Received Offer Within 90 Days 97%
North American Accepted Employment Within 90 Days 95%
Geographic Region Percent Average Median Low High # of Graduates Not Seeking Employment 19
Mid-Atlantic (PA, MD, VA, WV, DE, DC) 3% $ 175,000 $ 175,000 $ 175,000 $ 175,000 % of Graduates Not Seeking Employment 11%
Midwest (WI, MO, KS, IA, MN, NE, MI, Company Sponsored/Family Business 6%
OH, IN, ND, SD, IL) 13% $ 138,533 $ 130,000 $ 80,000 $ 175,000 Continuing Education 3%
Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) 17% $ 147,629 $ 150,000 $ 92,000 $ 180,000 Starting New Business 1%
South (NC, SC, KY, TN, GA, FL, AL, AR, MS, LA) 42% $ 137,660 $ 132,500 $ 87,000 $ 175,000 Other Reasons 1%
Southwest (CO, AZ, TX, OK, NM) 9% $ 132,861 $ 125,000 $ 90,000 $ 175,000 % of Graduates Reporting
West (CA, HI, WA, OR, AK, MT, Information on Employment 98%
ID, UT, NV, WY) 16% $ 138,687 $ 132,600 $ 115,000 $ 180,000 # of Graduates Not Reporting
Nashville Metro 26% $ 131,980 $ 130,000 $ 87,000 $ 175,000 Information on Employment 3
Undergraduate Major Percent Average Median Low High
Business 46% $ 142,819 $ 145,000 $ 80,000 $ 180,000
Technical 22% $ 135,210 $ 132,600 $ 92,000 $ 175,000
Other 32% $ 138,330 $ 130,000 $ 90,000 $ 180,000
business.vanderbilt.edu
Professional Experience Percent Average Median Low High Visit our website for useful
One year or less 1% Insufficient Data
recruiting tools:
More than one year, up to three years 22% $ 141,933 $ 140,000 $ 87,000 $ 180,000
n View and order MBA resume books
More than three years, up to five years 36% $ 140,804 $ 140,000 $ 80,000 $ 180,000
n Post MBA internships or full-time
More than five years 42% $ 138,432 $ 131,250 $ 92,000 $ 175,000
positions
n Post executive jobs (a free service)
Geographic Data
Top Metro Areas: Continental United States
Number of Graduates Hired
Nashville 39
New York 25
Atlanta 11 Northeast
Chicago 11
17%
Charlotte 7
West Midwest
Dallas-Fort Worth 7
16% 13%
Los Angeles 7 Mid-Atlantic
Seattle 7 3%
San Francisco 6
Southwest
World Regions: 9% South
Percent of Graduates Hired 42%
North America 99%
Asia 1%
Class of 2023 Profile
C L A S S O F 2 0 23
Internship Statistics Total Students
Number
185
Percent
100%
Students Not Reporting Data 1 1%
Students Not Seeking
Internship Salary Data an Internship 16 9%
Students Seeking
Mean Monthly Salary $9,723 an Internship 168 91%
Median Monthly Salary $9,393 Students Accepting
Monthly Salary Range $1,733-$15,903 an Internship 168 100%
Monthly
Job Function Percent Average Median Low High Source of Internship Offers
Business/Data Analytics 9% $ 6,725 $ 6,587 $ 2,600 $ 9,663 School-Facilitated Activities
Consulting 33% $ 12,177 $ 13,750 $ 3,000 $ 15,167 Job Postings via Owen/Resume Books 40%
Finance/Accounting 17% $ 10,085 $ 11,053 $ 1,733 $ 15,417 Activities Supported by the CMC 20%
General Management 9% $ 8,936 $ 9,176 $ 5,600 $ 10,417 Interviews Scheduled via Owen 18%
Human Resources 6% $ 8,006 $ 8,333 $ 6,413 $ 9,583 School Network (Alumni/Faculty/Class
Marketing 12% $ 8,125 $ 8,040 $ 6,646 $ 10,000 Referrals, Class Speakers, and Projects) 6%
Operations 6% $ 7,921 $ 7,367 $ 3,467 $ 15,167 Total 84%
Other 9% $ 7,748 $ 6,933 $ 2,253 $ 15,903
Student-Facilitated Activities
Personal Network (Family and Friends) 9%
Industry Percent Average Median Low High
Online Job Postings 6%
Consulting 30% $ 12,921 $ 13,758 $ 3,000 $ 15,167
Other Student-Initiated Activities 1%
Consumer Products 7% $ 8,053 $ 7,800 $ 7,083 $ 9,500
Total 16%
Financial Services 20% $ 10,387 $ 10,417 $ 1,800 $ 15,417
Healthcare/Pharma/Biotechnology 17% $ 7,624 $ 8,000 $ 4,333 $ 9,583
Manufacturing 4% $ 7,822 $ 8,500 $ 3,467 $ 10,400
Media/Entertainment 2% $ 4,507 $ 2,600 $ 2,253 $ 8,667 Top Metro Areas:
Real Estate 5% $ 4,933 $ 5,000 $ 1,733 $ 6,933 Number of Interns*
Technology 13% $ 8,330 $ 8,667 $ 3,300 $ 10,400
Other 4% $ 13,096 $ 15,383 $ 8,000 $ 15,903 Nashville 42
New York 29
Atlanta 13
Geographic Region Percent Average Median Low High
Chicago 9
International 1% Insufficient Data
Charlotte 8
Mid-Atlantic 1% Insufficient Data
San Francisco 7
Midwest 13% $ 9,848 $ 9,533 $ 3,000 $ 14,583
Boston 6
Northeast 21% $ 10,914 $ 10,511 $ 3,175 $ 15,167 Los Angeles 6
South 40% $ 8,811 $ 8,000 $ 1,733 $ 15,383 Dallas-Fort Worth 5
Southwest 10% $ 12,313 $ 13,750 $ 4,333 $ 15,167 St. Louis 5
West 12% $ 9,773 $ 8,833 $ 5,720 $ 15,903 Seattle 4
Nashville Metro 25% $ 7,198 $ 6,873 $ 1,733 $ 14,555 * Internship location reflects what students
reported when they accepted their offers.
Top Hiring Companies:
Number of Interns
“The collaborative mindset and skills Deloitte 8
Amazon.com, Inc. 7
that candidates from Vanderbilt bring PwC 7
to the table are critical to success in the EY
L.E.K. Consulting
6
5
consulting role. These skills—combined McKinsey & Company 5
Bain & Company 3
with their overall business knowledge, BofA Securities, Inc. 3
Citigroup Inc. 3
creative problem solving, strong drive, Davita 3
and integrity—are a large part of the EY-Parthenon
Johnson & Johnson Family of Companies
3
3
reason that Vanderbilt MBA graduates Mars Petcare 3
Medtronic 3
continue to shape successful long-term Wells Fargo Corporate &
careers within BCG.” Investment Banking
West Monroe Partners
3
3
S A R A H B E R H A LT E R
Partner at Boston Consulting Group, Inc.
Employers Class of 2022 (full-time)
and Class of 2023 (internship)
Accenture DocuSign, Inc. M&T Bank Corporation Smurfit Kappa North America LLC
Activision Blizzard Draper James Mars Petcare Spirits of Tennessee
Adobe Inc. * E. & J. Gallo Winery Mastercard Inc. Stephens Inc.*
AJ Capital Partners EDP Renewables North America* Mattel, Inc.* Summit Leadership Partners
AlixPartners Edward Jones McKesson Corporation Sylvan Health
Amazon.com, Inc.* Edwards Lifesciences McKinsey & Company* TD Securities
Amazon Web Services, Inc.* Eli Lilly and Company* Medtronic The Chartis Group
American Express Emerson Merck & Co., Inc. The Clear Blue Company
AMSURG.* Endodontic Practice Partners Microsoft Corporation The Daily Wire
AmSurg EnerSys* Mitsubishi Chemical America The Holistic Connection
Ancore Health Expedia Group, Inc. * Monroe Carell Jr. Children's The Kraft Heinz Company
Ankura Consulting Group, LLC Experian Health, Inc. Hospital at Vanderbilt The Mechanical Licensing
Apex Health Solutions* EY* Morgan Stanley Collective
Apple Inc. EY-Parthenon MorganFranklin Consulting The Perot Museum of Nature
Asurion, LLC FedEx Corporation MTS Health Partners, L.P.* and Science
automotiveMastermind Fiserv, Inc. Nashville Capital Network TheMathCompany
Bain & Company FTI Consulting, Inc. Nashville Superspeedway Thermo Fisher Scientific Inc.
Bass, Berry & Sims PLC Genentech* NCR Corporation* Titan Holdings
Bernhard Capital Partners Genuine Parts Company Nicol Investment Company Toray Industries, Inc.
Management LP GEP Worldwide* Nike, Inc. Toyota Motor Corporation
BMO Capital Markets Goldman Sachs & Co. LLC* Nissan North America, Inc. U.S. Bancorp
BofA Securities Inc.* Google LLC Nuvera Life Science Universal Music Group
Boston Consulting Group, Inc. Hanesbrands Inc. Optum, Inc. University Health Truman
Brunswick Corporation Harris Williams & Co. OS National, LLC Medical Center
Cain Brothers & Company, LLC HP Inc. PA Consulting Group Unum Group
Canaccord Genuity Group Inc. Humana Inc. Pacific Life Insurance Company Varma Capital
Chewy, Inc. Incept Data Solutions, Inc.* PayPal Ventas, Inc.
Cigna Infosys Limited PepsiCo, Inc. Veteran Ventures Capital
Cisco Systems, Inc. Intuitive Surgical, Inc. PIMCO VMware, Inc.
Citigroup, Inc.* Jefferies Group LLC* Piper Sandler Companies Walmart Inc.
Citizens Capital Markets, Inc. JLL Technologies* Plank Technologies Inc. Wayfair
ClearView Healthcare Partners Johnson & Johnson Family Porsche Consulting Wefunder
Cognizant of Companies* PwC* Wells Fargo Corporate &
Cold Bore Capital Management JPMorgan Chase & Co. Radiology Partners Investment Banking
Compass Group Equity Partners KBC Advisors Raytheon Technologies West Monroe Partners
Corestream* Keurig Dr Pepper Inc. Corporation Workday, Inc.
Cottage Software Kirkland & Ellis LLP Sagemont Real Estate* Workiva, Inc.
Credit Suisse Group AG Koch Equity Development Salseforce, Inc. Worthview Capital
Currax Pharmaceuticals LLC* Labcorp Samsung Group Yoshi
Daily Crunch Snacks Lazard Ltd S.C. Johnson & Son, Inc. ZS Associates
Dassault Systemes Americas Corp.* L.E.K. Consulting Silicon Ranch Corporation
DaVita LG Simon-Kucher & Partners
Deloitte Liberty Mutual Group Sims-Lohman
Diageo North America Inc. LinkedIn Corporation Skanska USA Commercial
Direct Supply Live Oak Merchant Partners Development
DISH Network Corporation Lyra Technology Group Slalom Consulting
*Indicates an employer that hired at least one candidate on a student visa.
business.vanderbilt.edu
Career Management Center Hours: 8:00 AM to 5:00 PM CT
Vanderbilt University Telephone: 615.322.4069
Owen Graduate School of Management Fax: 615.343.4661
401 21st Avenue South Email: owencmc@vanderbilt.edu
Nashville, TN 37203-2422
Vanderbilt University is committed to principles of equal opportunity and affirmative action. Vanderbilt®,
Vanderbilt University® and the Vanderbilt logos are trademarks of The Vanderbilt University. REV. 11/22.
