the haas school of business at the university of california, berkeley, has released its latest mba employment report, and compensation climbed for the class of 2021. the median base salary reported for the class is $149,000, a growth of 6.5% over last year. more than 72% had received a sign-on bonus, with the median reported amount at $33,775. haas facilitated 68.2% of jobs through school-sponsored interviews on and off-campus, internship conversions, job postings, or via the haas network and resources. thirty-four percent of haas students seeking employment found it in the tech industry, where haas holds a strong connection.
nearly seven percent chose to work in healthcare, and another six percent joined the consumer packaged goods industry. while 44.4% of the class remained in the san francisco area, where the highest median salaries by location were reported at $160,000, another 24.8% went to the los angeles region. the southwest recruited 5.7% of the class and the northeast 5.2%. nine percent of the class headed abroad, with asia and latin america/caribbean claiming the most graduates. join the clear admit community for free and conduct unlimited searches of mba livewire, mba decisionwire, mba applywire and the interview archive.
both median salaries and bonuses were way up in 2021, driven by increased hiring into the consulting and tech industries, and that drove overall compensation into positive territory a year after it remained flat amid the worst of the worldwide health crisis. average salaries increased from $137,819 in 2019 to $139,423 last year, based on the 199 mbas who reported salaries out of 238 looking for jobs and 291 total in the class. by combining median salary and mean signing bonuses and weighting the calculation based on the number of grads who reported receiving a bonus, berkeley mbas’ total compensation comes out to $173,351 in 2021, up 6.5% from last year’s $162,749. this year, both consulting and tech are up — the former to 28.4%, with a median salary of $165,000; the latter to 34.1%, with a median salary of $144,000.
this year, healthcare snapped back to 6.6% of the class (salaries stayed at a median of $135k). in 2018, 94.4% of haas mbas had job offers after 90 days, and 93.4% had accepted. last year, abby scott told p&q, in reference to the disruption of the coronavirus pandemic: “it was a tough year, but i think it came out surprisingly well. once again, as they did amid the throes of the pandemic year of 2020, alumni played a huge role in helping haas grads find jobs. and i think we had a little bit more of a campaign around it this past year, which helped to drive the spike.
full-time positions class of 2021 ; 283 239 215 211 89.9%. our employment report showcases the career trends, hiring trends, and salaries of our most recent graduates. class of 2021. overview international students /. non-permanent work. authorization. total graduating class. seeking employment. 163. 56.0%. 74. 25.4%. 237. 81.4%., booth mba employment report, booth mba employment report, duke mba employment report, kellogg mba employment report, tuck mba employment report.
within three months of graduation, nearly 90% of haas mbas had received a job offer and 88.3% of them were employed full-time, with 10% having about those placement rates in 2020, job offers at three months dropped for a second straight year for haas grads, to 89.1% from 92.9% — a but placement rates were the real story. job offers at three months dropped for a second straight year, to 89.1% from 92.9% — a decline of more, hbs employment report, haas mba class profile, ross mba employment report, nyu stern mba employment report, stanford mba employment report, yale mba employment report, mit mba employment report, ucla mba employment report, haas mba salary, haas mba acceptance rate.
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