the mccombs school of business at the university of texas-austin had nearly identical class sizes in 2019 and 2020 in terms of mbas seeking employment. 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. overall, salaries in 2020 were about 11% greater for mccombs mbas with u.s. residency, a gap that widened from about 8.2% last year.
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. 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. “despite travel restrictions, our class of 2021 students were able to participate in internships around the globe virtually, from seattle to south africa.
the mccombs school of business at the university of texas at austin has not yet released its full 2021 mba report. this year, 93.8% of mccombs mba were offered jobs three months after graduation while 92.9% accepted – the school’s highest acceptance rate in 10 years and up 7% from 2020, ashcraft says.
for international students, 90% accepted an offer three months after graduation, up more than 14% from 2020. mccombs mbas also secured one of the highest median base salaries in school history at $130,000, up 4% from last year’s $125,000 median mark. meanwhile, average signing bonuses were down a fraction to $28,153 while median bonuses, $25,000, were flat from 2020. the median salary for international students was $130,000, up more than 8% from $120,000 in 2020. for all mccombs 2021 mbas, the top five hiring industries were technology (34%), consulting (23%), financial services (17%), consumer products (6%), and petroleum and energy (6%).
mccombs school of business creates opportunities for successful career development through dedicated career resources and support mba employment report. full-time statistics by major ; management information systems, $74,517, $13,909, 23.41% ; marketing, $58,707, $12,008, 11.29% ; science and technology management good recruiting starts with good information, and we’re happy to provide it. here you can find class profiles, salary statistics, and national rankings our, mccombs mba employment report 2021, mccombs mba employment report 2021, mccombs mba employment report 2020, ucla mba employment report, mccombs mba class profile.
texas mccombs mba employment report: u.s. regional placement less than 2% of the class went to work outside the u.s., and these graduates reporting. source. % of total. mean. base salary. sourced from internships through texas mccombs. 114. 53.3%. $137,270. full-time recruiting through texas 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, mccombs mba top employers, rice mba employment report.
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