{"id":21755,"date":"2013-11-21T08:30:34","date_gmt":"2013-11-21T15:30:34","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=21755"},"modified":"2013-11-21T05:53:25","modified_gmt":"2013-11-21T12:53:25","slug":"stanford-gsbs-huge-payouts","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/stanford-gsbs-huge-payouts\/","title":{"rendered":"Stanford GSB\u2019s Huge Payouts"},"content":{"rendered":"

\"Stanford\"<\/a>Stanford\u2019s class of 2013 employment report reveals some serious success for recent GSB graduates with a reported median base salary of $125,000. While this amount is unchanged from last year, the big increase occurs at the bonus level with median signing bonuses and guaranteed bonuses up $5,000 each, to $25,000 and $30,000 respectively.<\/p>\n

A Poets & Quants article<\/em><\/span><\/a> provides the following stats on Stanford\u2019s employment data:<\/p>\n

\u2022 18% of class of 2013 grads became entrepreneurs<\/a>, compared to 13% in 2012.<\/p>\n

\u2022 77% of students had job offers by graduation, down only slightly since last year\u2019s 78%.<\/p>\n

\u2022 94% had job offers three months after graduating, up slightly from 93% in 2012.<\/p>\n

\u2022 Graduates with jobs in private equity earned the highest average base salary at $157,696. This is followed by those with jobs in hedge funds ($151,111), then venture capital ($147,500), and then those with jobs in management consulting<\/a> ($132,855).<\/p>\n

\u2022 The lowest salaries went to MBAs with non-profit jobs ($85,050), followed by those in real estate ($108,750), and those who took retail positions ($110,294).<\/p>\n

\u2022 The highest hitters this year include an analyst position in private equity ($225,000), a strategist in the media\/entertainment industry ($225,000), and a hedge fund portfolio manager ($200,000).<\/p>\n

\u2022 The highest signing bonus (of $100,000) went to an MBA entering a private equity firm.<\/p>\n

\u2022 The lowest base salary (of $40,000) went to a graduate who took a job in consumer products\/services; the next lowest (of $54,000) went to someone with a tech position in a media\/entertainment company. (This latter person presumably received equity in exchange for a lower salary.)<\/p>\n

\u2022 32% of the 2013 class went into technology with an average base salary of $117,408. Last year, only 24% of graduates took jobs in this industry.<\/p>\n

\u2022 26% of grads took jobs in finance<\/a>, a drop from last year\u2019s 32%.<\/p>\n

\u2022 19% of 2013 graduates landed consulting jobs, down from 20% in 2012.<\/p>\n

See the P&Q<\/em> article, as well as this Biz Journals<\/em> article<\/a>, for more details.
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\"Accepted.com\"<\/a> Accepted.com ~ Helping You Write Your Best <\/a><\/em><\/em><\/p>\n

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Accepted.com's experienced admissions consultants<\/a> can help you create the most impressive application possible with comprehensive packages<\/a>, <\/i><\/b>or provide targeted assistance from picking perfect programs<\/a> to designing a dazzling resume<\/a>, constructing engaging essays<\/a>, or preparing for intense interview<\/a>s<\/a>\u2026and more! Accepted.com has guided thousands of applicants to acceptances at top MBA programs since 1994 \u2013 we know what works and what doesn't, so contact us<\/a> to get started now!<\/p>\n

This article originally appeared on the Accepted Admissions Consulting Blog<\/a>, the official blog of Accepted.com.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stanford\u2019s class of 2013 employment report reveals some serious success for recent GSB graduates with a reported median base salary of $125,000. While this amount is unchanged from last year,…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,4,6,1,775,113],"tags":[104,924,48,1038,1137],"class_list":["post-21755","post","type-post","status-publish","format-standard","hentry","category-mba","category-career-reviews","category-current-events","category-uncategorized","category-admission-consultants","category-applications","tag-stanford","tag-stanford-graduate-school-of-business","tag-stanford-gsb","tag-stanford-mba","tag-stanford-university","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/21755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=21755"}],"version-history":[{"count":1,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/21755\/revisions"}],"predecessor-version":[{"id":21757,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/21755\/revisions\/21757"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=21755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=21755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=21755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}