DISCLAIMER: The intention of this report is just to use the currently available data to draw inferences based on some realistic parameters that many people fail to see because of lack of networking. Don't let this information discourage you from pursuing your dreams but use it as an instrument to make an informed decision and know what would be best for you. These articles are part of the larger- MBA Conquerors REAL Series!If you wish to see the official report released by Tepper, you can see it here- Tepper employment reportINSIGHTS:1. School-Facilitated Activities Getting You Employment:- 63.2% of job acceptances were through school-facilitated activities, which translates to about 109 students out of 172 seeking employment.
- In a class of 196 students, 109 students got help from activities facilitated by the school (55.61% of the class benefited from school-facilitated activities).
**Shows how much weight is being pulled by the school: around 56% (could exclude entrepreneurs) Note: The job acceptances for internationals 3-4 months post-graduation have increased (26.4%, number of students- 24) while that for locals decreased (14.8%, number of students- 12), indicating that international students might have to leave after graduation to their home countries. This leads us to the second point.2. Are Contract Jobs Included in the Report?:- The discrepancy between the number of students reporting base salary and those accepting jobs suggests that some students might be in less stable or lower-paying positions.
- 9 of those not reporting salary are internationals. This indicates that the exact number of people picking up contract roles among international students is somewhere between 1 and 9. That is 67 people who accepted job offers 3-months after graduation and 58 of those reported usable salary data. The 67 international students who have accepted employment are out of 108 international students total, 91 of whom were seeking employment, bringing me to my next point.
3. People who had to leave the country as the visa does not allow them to stay beyond 3 months post-graduation/special circumstances?- Perspective 1 (Simple): 91 seeking employment - 67 accepting employment. So that brings us to a total of 24!
- Perspective 2 (Complex):
- Note that some people got jobs outside of the US: 5 in Asia, 2 in LATAM.
- Note that there are about 2 people who are not seeking employment for “other reasons” (excluding- starting a business, continuing education etc.)
Total number of people leaving the US will be between: 1 and 33 (that is the safest way to say this)
Let’s see what percentage of class that comes out to be: ~17%
So less than 17% of the total class left the US. And less than 30.5% of international students left the US. (We can say this with certainty from the numbers)
Done???
Not so fast!
Remember that we have missed out on the people who could potentially be on the contract role. We don’t know whether they will get employment or not but if they don’t this number rises to less than 39% for international students who have to leave in the worst case scenario (or less than 22% of the total class)
CONCLUSION:- About 70% of those seeking employment have reported all info from their employment stats to their usable salary data.(61% of the total class has reported salary data so the average and median salary reported does not have about 40% of the class)
- 109 students got benefits of the activities facilitated by the school out of 172 seeking employment. (63.3% of those seeking employment)
- There could be less than 9 international students who are on a contract role.
- Less than 30% of the international students may have had to leave the country.
- Weight being pulled by the schools (all included) is around 56%.
What Else Matters?- Number of people reporting to the survey.
- Number of people giving usable salary data.
- Salary split between domestic and international students.
It's all there, you just have to be able to see it. A more detailed employment report will reveal a lot more, but I have more parameters in my mind than the CSEA standards many schools conform to. And some schools don't even do that!If you have more reports to analyze or any other questions, feel free to upload them!OTHER THINGS TO NOTE:- Non-permanent residents who are pre-sponsored: 7 (but for domestic, that number is still less). Could it be because of some people who were already working in the USA? That also means that purely international students (i.e the ones who are getting into an MBA with no prior experience in the US could be less than reported. This data can help understand the admissions practices to gauge your chances of getting in)
- Most people with Non-permanent work authorization- 108 v 88 domestic (if you look at the class profile of different business schools, you will see that in the international students number, they are reporting the US citizens who hold other passports too, this number clarifies that discrepancy too)
- Not seeking employment for other reasons- 3 (not starting business, not continuing education (PhD, MS etc), not postponing job search)
ACTION PLAN? Well, you can negotiate a higher scholarship if you happen to be from a deleveraged group OR you can just close your eyes and hope that things will just happen. In either of those cases, we have another article for you- 1. If you want to negotiate scholarships- <<Article on scholarship negotiations>>2. If you want to close your eyes- <<What happens when you graduate unemployed>>Choice is yours, read whichever one you want! Both great articles!We have more of these REAL employment reports shared under our real employment report compilation at MBA Conquerors, get in touch if you wish to discuss any of those!!