Master Of Business Analytics Employment Report

Transcription

MASTER OF BUSINESS ANALYTICSEMPLOYMENT REPORT2019

MIT Sloan’s Master of Business Analytics (MBAn) programanswers the industry’s demand for highly analyticalgraduates who can manage modern data science tosolve critical business challenges.MASTER OF BUSINESS ANALYTICSEMPLOYMENT HIGHLIGHTS100%of MBAn Class of 2019 received an offer by graduationSALARY SUMMARY 122,6271Average Base Salary 197% of students accepting an offer provided compensation data.SIGNING BONUS 20,6822Average Guaranteed Bonus Compensation 265% of students accepting an offer and providing usable salary datareported receiving a signing bonus.ACCEPTED OFFERS BY tech8.6%42.9%31.3%TechnologyMIT SLOAN MASTER OF BUSINESS ANALYTICS EMPLOYMENT REPORT Page 1Consulting

FEATURED MBAn JOB ROLESAnalytics FellowApplied Machine Learning ScientistData AnalystData Science ConsultantData ScientistMachine Learning EngineerProduct AnalystProduct ManagerSenior Data Science AnalystEMPLOYERS OF MBAn CLASS OF 2019BCG GAMMA (8)1McKinsey & Company (5)Includes QuantumBlackAmazon (3)End-to-End Analytics (2)3MAbnormal SecurityBlackRockCVS HealthDropboxGoogle1GrubhubLyftMFS Investment ManagementMount Sinai Health SystemsPalantirPoint72 Asset ManagementpymetricsSingleCareSotheby’sStitch FixUberCLASS OF 2019 PROFILE DATACLASS PROFILENumber of CandidatesU.S. Citizens/Permanent Residents39%International61%Countries RepresentedParentheses indicate multiple hires.14Women41%Median GRE Quantitative168Average Undergraduate GPA (out of 4.0)3.9Average Full-Time Work Experience 2TOP LOCATIONS OF ACCEPTED U.S. OFFERS2SeattleMetro 8.6%21 monthsIncludes internships.EMPLOYMENT PROFILE22.9%SF BayArea14.3%44100% of students seekingjobs in the US were ing3579.5%Not Seeking920.5%Sponsored and Returning715.9%Starting a Business12.3%Continuing Education (PhD)12.3%TotalMIT SLOAN MASTER OF BUSINESS ANALYTICS EMPLOYMENT REPORT Page 2

MASTER OF BUSINESS ANALYTICS FULL-TIME EMPLOYMENT DATACLASS OF 2019 BASE SALARY BY INDUSTRYMBAn ANALYTICS CAPSTONEINDUSTRY%MEANMEDIANLOWHIGHConsulting42.9% 112,400 120,000 60,0001 160,000Technology31.3% 140,200 140,000 110,000 190,000Finance8.6% 119,000 117,000 100,000 140,000Retail/CPG8.6% 128,104 120,000 109,313 155,000Pharma/Health/Biotech8.6% 113,333 110,000 90,000 140,0001Denotes international compensation.CLASS OF 2019 BASE SALARY BY FUNCTIONFUNCTIONThe Analytics Capstone Project is a corecomponent of the MBAn program, givingstudents real-world experience solving datachallenges from organizations around theworld.Dedicated teams of students use analyticaltools to solve key business challenges andpresent applicable solutions at the completion of the 7-month capstone project.2019 CAPSTONE COMPANIES%MEANMEDIANLOWHIGHData Science77.2% 123,826 120,000 60,000 190,000Consulting / Strategic Planning11.4% 114,000 100,000 96,000 160,000Business Analytics5.7%-2---BCG GAMMAOther35.7%-2---Coca-Cola / Arca Continental23General MotorsDash indicates fewer than three people, or less than 1% reported unique salary values.Other includes Product Manger and Finance functions.GroupMIBM WatsonJOB ACCEPTANCES BY REGIONREGIONMBTA%MEANMEDIANLOWHIGH94.3% 124,666 120,000 90,000 190,000MFS Investment ManagementNYC Metro45.7% 125,000 120,000 90,000 155,000MIT Lincoln LaboratoryBoston Metro22.9% 109,571 110,000 100,000 120,000Quest DiagnosticsSF Bay Area14.3% 135,200 120,000 96,000 190,000Seattle Metro8.6% 145,667 148,000 140,000 al4AB InBevDash indicates fewer than three people, or less than 1% reported unique salary values.StubHubSwiss ReTripadvisorSOURCE OF OFFERSCHOOL FACILITATEDRue Gilt GroupeUnilever59.4%Capstone, Career Fair, Data Trek, Faculty ReferralSTUDENT FACILITATEDContacted Directly, LinkedIn, Personal NetworkMIT SLOAN MASTER OF BUSINESS ANALYTICS EMPLOYMENT REPORT Page 340.6%WalmartWayfair

MASTER OF BUSINESS ANALYTICS CONTACTSCareer Development OfficeMaster of Business Analytics Program OfficeTracy WishonMBAn Career Advisortwishon@mit.edu1-617-258-9623Michelle LiDirectorlimi@mit.edu1-617-324-7764Accuracy in Reporting Employment StatisticsThe MIT Sloan School of Management adheres to theMBA Career Services & Employer Alliance (MBA CSEA) Standardsfor Reporting Employment Statistics (mbacsea.org). Conformance to this business schoolindustry standard ensures accurate and comparable employment data. Currently, the majorityof the leading MBA programs adhere to these accepted reporting standards. MIT Sloan takes aleadership role to promote the importance of accurate and comparable employment and salarystatistics to prospective students and employers.Nondiscrimination Policy: Commitment to Equal OpportunityThe Massachusetts Institute of Technology is committed to the principle of equal opportunity ineducation and employment. The Institute prohibits discrimination against individuals on the basisof race, color, sex, sexual orientation, gender identity, pregnancy, religion, disability, age, geneticinformation, veteran status, or national or ethnic origin in the administration of its educationalpolicies, admissions policies, employment policies, scholarship and loan programs, and otherInstitute administered programs and activities; the Institute may, however, favor US citizens orresidents in admissions and financial aid.*The Vice President for Human Resources is designated as the Institute’s Equal Opportunity Officer.Inquiries concerning the Institute’s policies, compliance with applicable laws, statutes, andregulations, and complaints may be directed to Ramona Allen, Vice President for HumanResources, Building NE49-5000, 617-324-5675. In addition, inquiries about Title IX (which prohibitsdiscrimination on the basis of sex) may be directed to the Institute’s Title IX coordinator, SarahRankin, Room W31-223, 617-324-7526, titleIX@mit.edu. Inquiries about the laws and aboutcompliance may also be directed to the US Department of Education, Office for Civil Rights, RegionI, 5 Post Office Square, 8th Floor, Boston, MA 02109-3921, 617-289-0111, OCR.Boston@ed.gov.*The ROTC programs at MIT are operated under Department of Defense (DoD) policies andregulations, and do not comply fully with MIT’s policy of nondiscrimination with regard to genderidentity. MIT continues to advocate for a change in DoD policies and regulations concerninggender identity, and is committed to providing alternative financial assistance under a needs-basedassessment to any MIT student who loses ROTC financial aid because of these DoD policies andregulations.MIT SLOAN MASTER OF BUSINESS ANALYTICS EMPLOYMENT REPORT

MIT SLOAN MASTER OF BUSINESS ANALYTICS EMPLOYMENT REPORT Page 3 CLASS OF 2019 BASE SALARY BY FUNCTION 2 Dash indicates fewer than three people, or less than 1% reported unique salary values. 3 Other includes Product Manger and Finance functions. MASTER OF BUSINESS ANALYTICS FULL-TIME EMPLOYMENT DATA CLASS OF 2019 BASE SALARY BY INDUSTRY