Class of 2007 Employment Profile
W. P. Carey MBA students have reached over 90% employment within three months of graduation since the introduction of a required core curriculum course in Career Leadership in 2003. In 2007, employment at three months from graduation set a record high of 97.4% with 89.5% of the class employed on or before graduation.
Overall compensation levels have increased 20% over last year even though students do not consider salary as the most important factor in making their employment decision. Major reasons for W. P. Carey students accepting positions are:
- Opportunities for career growth
- Leadership development
- Intellectual challenge
- Corporate culture
The following results are as of August 15, 2007 and are based on 100% of the MBA students in the 2007 graduating class. Salary figures represent base salary only and do not include signing bonus, performance bonus, relocation package or any other financial remuneration.
Employment Acceptance
| Total % Accepting Employment |
89.5%
|
97.4%
|
Employment Acceptance Time Frame
| U.S. Citizens/Permanent Residents |
90.5%
|
6.3%
|
| Foreign Nationals |
84.6%
|
15.4%
|
Response Rate Category
| % Graduating class whose employment status is known |
100.0%
|
| % Reporting acceptance who also reported the source of job acceptance |
100.0%
|
| % Reporting acceptance who also reported base salary |
82.4%
|
Source of Job Acceptance
| All School-Facilitated Activities (including internships) |
70.3%
|
| All Student-Facilitated Activities (including internships) |
29.7%
|
|
Total Reporting
|
100.0%
|
Base Salary
| U.S. Citizens / Permanent Residents |
$85,800
|
$88,000
|
$107,000
|
$40,000
|
| Foreign Nationals |
$87,030
|
$86,400
|
$97,500
|
$75,000
|
|
Total Reporting
|
$86,001
|
$87,500
|
$107,000
|
$40,000
|
Signing Bonus
| U.S. Citizens / Permanent Residents |
76.5%
|
$15,305
|
$12,500
|
$45,000
|
$5,000
|
| Foreign Nationals |
100.0%
|
$15,450
|
$13,750
|
$45,000
|
$5,000
|
|
Total Reporting
|
80.3%
|
$15,334
|
$12,500
|
$45,000
|
$5,000
|
Other Guaranteed Compensation
| U.S. Citizens / Permanent Residents |
29
|
$15,694
|
$8,000
|
$180,000
|
$889
|
| Foreign Nationals |
6
|
$7,250
|
$7,750
|
$10,000
|
$3,000
|
|
Total Reporting
|
35
|
$14,246
|
$8,000
|
$180,000
|
$889
|
W. P. Carey MBA Specialization with Salary and Signing Bonuses
Financial Management & Markets
|
89%
|
100%
|
Salary |
$86,000
|
$84,000
|
$95,000
|
$78,000
|
| |
|
Bonus |
$21,466
|
$15,000
|
$45,000
|
$7,333
|
Health Sector Management (secondary specialization)
|
100%
|
100%
|
Salary |
$76,575
|
$76,000
|
$82,300
|
$72,000
|
| |
|
Bonus |
----
|
----
|
----
|
----
|
Information Management
|
88%
|
100%
|
Salary |
$92,000
|
$92,500
|
$100,000
|
$82,000
|
| |
|
Bonus |
$13,611
|
$13,333
|
$20,000
|
$5,000
|
Sports Business
|
56%
|
88%
|
Salary |
$53,250
|
$45,000
|
$65,000
|
$40,000
|
| |
|
Bonus |
----
|
----
|
$5,000
|
----
|
Strategic Marketing and Services Leadership
|
82%
|
91%
|
Salary |
$81,938
|
$83,500
|
$102,000
|
$65,000
|
| |
|
Bonus |
$13,800
|
$15,000
|
$17,000
|
$10,000
|
Supply Chain Management
|
100%
|
100%
|
Salary |
$89,981
|
$90,000
|
$107,000
|
$60,000
|
| |
|
Bonus |
$13,975
|
$11,750
|
$30,000
|
$5,000
|
Compensation by Occupational Function, Industry, Geographic Region, and Years of Experience
| Compensation (base salary) by Professional Function |
| Consulting |
6.9%
|
$87,860
|
$90,000
|
$95,000
|
$82,000
|
| Finance / Accounting |
12.5%
|
$84,857
|
$80,000
|
$95,000
|
$78,000
|
| General Management |
9.7%
|
$78,166
|
$76,000
|
$95,000
|
$60,000
|
| Human Resources |
0.0%
|
$0
|
$0
|
$0
|
$0
|
| Marketing / Sales |
20.8%
|
$81,312
|
$80,750
|
$102,000
|
$45,000
|
| Information Systems Management |
5.6%
|
$86,666
|
$85,000
|
$95,000
|
$80,000
|
| Operations / Supply Chain Management |
38.9%
|
$88,867
|
$89,500
|
$107,000
|
$75,000
|
| Other |
5.6%
|
$0
|
$0
|
$0
|
$0
|
| |
| Compensation (base salary) by Industry |
| Consulting Services |
7.1%
|
$85,500
|
$86,000
|
$95,000
|
$75,000
|
| Financial Services |
15.7%
|
$85,111
|
$80,000
|
$100,000
|
$70,000
|
| Government |
1.4%
|
$0
|
$0
|
$0
|
$0
|
| Manufacturing |
17.1%
|
$88,100
|
$86,500
|
$105,000
|
$78,000
|
| Consumer Products |
4.3%
|
$92,000
|
$92,000
|
$95,000
|
$89,000
|
| Media / Entertainment |
11.4%
|
$81,333
|
$89,000
|
$90,000
|
$45,000
|
| Petroleum / Energy |
7.1%
|
$88,160
|
$87,500
|
$94,000
|
$84,000
|
| Pharma / Biotechnology / Healthcare Products |
2.9%
|
$0
|
$0
|
$0
|
$0
|
| Real Estate |
0.0%
|
$0
|
$0
|
$0
|
$0
|
| Technology |
17.1%
|
$91,041
|
$95,000
|
$102,000
|
$65,000
|
| Non-Profit |
0.0%
|
$0
|
$0
|
$0
|
$0
|
| Other Services |
15.7%
|
$75,787
|
$76,000
|
$85,000
|
$55,000
|
| |
| Compensation (base salary) by Geographic Region |
| Northeast |
8.2%
|
$94,083
|
$95,000
|
$97,500
|
$90,000
|
| Mid-Atlantic |
6.8%
|
$95,250
|
$92,500
|
$107,000
|
$89,000
|
| South |
1.4%
|
$0
|
$0
|
$0
|
$0
|
| Southwest |
46.6%
|
$78,986
|
$80,000
|
$95,000
|
$55,000
|
| Midwest |
11.0%
|
$87,333
|
$87,000
|
$95,000
|
$75,000
|
| West |
26.0%
|
$93,066
|
$95,000
|
$105,000
|
$45,000
|
| Possessions |
0.0%
|
$0
|
$0
|
$0
|
$0
|
| International |
0.0%
|
$0
|
$0
|
$0
|
$0
|
| |
| Compensation (base salary) by Undergraduate Major |
| Technical |
17.6%
|
$88,863
|
$94,000
|
$107,000
|
$60,000
|
| Business |
58.1%
|
$85,845
|
$85,300
|
$105,000
|
$65,000
|
| Other |
24.3%
|
$84,266
|
$85,000
|
$95,000
|
$45,000
|
| |
| Compensation (base salary) by Years of Professional Experience |
| One year or less |
6.8%
|
$82,600
|
$85,000
|
$90,000
|
$45,000
|
| One to three years |
45.9%
|
$83,288
|
$83,500
|
$105,000
|
$60,000
|
| Three to five years |
31.1%
|
$87,430
|
$90,000
|
$102,000
|
$65,000
|
| Five years or more |
16.2%
|
$91,900
|
$90,000
|
$107,000
|
$80,000
|
Graduating Profile
Acknowledgement
The employment summary for the W. P. Carey MBA - Full-time Program Class of 2007 was compiled from the responses of graduates who generously shared information about their employment to the W. P. Carey MBA and Graduate Business Career Management Center. We appreciate their participation and gratefully acknowledge the trust that those reports represent. It is only through the cooperation of our graduates that we are able to provide this information to benefit subsequent graduating classes.
W. P. Carey Class of 2007 Employment Profile
The following information reflects self-reports of the W. P. Carey MBA Class of 2006. It is presented in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics.
| Total number of students seeking employment |
76
|
87.3%
|
| Not Seeking Employment |
11
|
12.7%
|
| Continuing Education |
0
|
0%
|
| Company Sponsored |
3
|
3.5%
|
| Starting Own business |
4
|
4.6%
|
| Job Search Postponed |
3
|
3.5%
|
| Other Reasons |
1
|
1.1%
|
| No Information Available |
0
|
0%
|
| Total Graduates |
87
|
100%
|
|
|
