this year saw an increase in mbas entering technology careers, one of mccombs graduates’ strongest industries, and the utilization of the school’s vast employer and alumni network to keep candidates competitive in the slowing economy. mccombs generally sees between 20 and 26 percent of their mba graduating class go to work in the tech industry, but this year 31.8 percent of graduates started technology jobs. nearly eight percent joined consumer products while the energy and healthcare fields tied for the fifth strongest industry with 5.1 percent of the class.
mccombs’ strong showing in the energy sector is a benefit of location and its energy finance concentration offering. owing partly to the opportunities in texas, particularly in austin, a majority of mbas—60.6 percent—stayed in the southwest. the midwest saw 4.7 percent of mbas go to work there, 3.3 percent in the south, and 2.8 percent in the mid-atlantic states. join the clear admit community for free and conduct unlimited searches of mba livewire, mba decisionwire, mba applywire and the interview archive.
in 2019, of the 185 full-time mccombs mbas looking for a job, 79.7% had accepted offers by the time they grabbed their degrees in the spring, and 91.1% had accepted by 90 days later. but also as elsewhere, the pandemic didn’t stop class of 2020 mccombs mbas from improving on their predecessors’ salary benchmarks. “as we reflect on 2020 and the challenges we have been presented, we take time to celebrate the accomplishments and determination of our recent graduates,” janet huang, senior assistant dean for mccombs career management and corporate relations, writes in the introduction to this year’s employment report.
the gap also widened on the bonus front, where u.s. mbas received bonuses that were about 13.6% greater, compared to a difference of about 8% in 2019. technology and consulting were neck-and-neck last year as top industries for mccombs mbas, but in 2020 tech surged far into the lead, with 31.8% of grads going into the sector, up from 25.9%. consultants made the most, with an average base salary of $152,849, a big jump from last year’s $141,393, which also led all industries in 2019. huang writes that like its peer schools, texas mccombs leaned into its alumni network for help securing work for its graduating mbas. our career team partnered with our world-class faculty and industry experts to provide guidance on putting things into perspective, building career resilience, understanding the reality of the market, and leading and navigating through change.” once again this year, most mccombs mbas stayed in the u.s. southwest, with more than 60% taking jobs in the region. however, an increasing number chose the west coast — nearly 20%, up from just 13% in 2019. internships can be a window on future employment reports, of course, and for mccombs, that bodes well for the class of 2021. both salary median and mean benchmarks were similar to 2019 despite the remote nature of much of the work, and while more than 85% of internships this summer were arranged or facilitated by the school — up from about 78% last year — mba students were not restricted by the pandemic to local options, huang writes.
mccombs school of business creates opportunities for successful career development through dedicated employment report 2021 employment report 2020 here you can find class profiles, salary statistics, and national rankings our programs and u.s. news & world report bba student profile – fall 2020. bba intern salary survey 2020-2021, average (monthly), median (monthly) ; internship overall salaries, $3,950, $3,700, mccombs employment report mba, mccombs employment report mba, mccombs mba top employers, mccombs mba class profile, mccombs mba stem.
the university of texas austin mccombs school of business has released its 2020 mba employment report. this year saw an increase in mbas in 2020, texas mccombs students accepted full-time positions in chile, china, india,. mexico, and peru. 2.8%. mid-atlantic. $112,500. 4.7%. midwest. this year, of mccombs’ 184 full-time mbas seeking employment, 77.2% accepted an offer by graduation and 85.6% by three months later. in 2019, of, ucla mba employment report, rice mba employment report, mccombs mba deadlines, foster mba employment report, duke mba employment report, emory mba employment report, mccombs mba clubs, mccombs mba acceptance rate, ut austin mba, mccombs career services.
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