Michigan Ross School of Business just released its 2019 MBA Employment Report. It revealed that Ross graduates were more employable than ever, with an all-time high of 96 percent of graduates accepting jobs within three months.
Key Employment Statistics for the Michigan Ross MBA Class of 2019
Other key employment statistics for the Michigan Ross MBA graduating Class of 2019 included:
- Consulting was the top industry (32 percent) followed by tech (21 percent)
- More than 50 percent of the class accepted jobs in four cities: New York City, Chicago, Seattle, and San Francisco. And 10 percent accepted jobs internationally, across 12 countries.
- 89 percent of Michigan Ross graduates were career switchers.
In total, 148 companies hired Michigan Ross grads this year—up 17 percent from 2018. Top employers included:
- McKinsey & Company
- Amazon
- Boston Consulting Group
- Citi
- Deloitte
- Ernst & Young
- PepsiCo
- McKinsey & Company
- Medtronic
- Microsoft
On the Ground with the Career Development Office
To gain more insight into the most recent MBA employment report from Michigan Ross, we hear from Heather Byrne, the managing director of the Career Development Office. Here’s what she had to say.
Clear Admit: What efforts at Ross do you think resulted in this new record high employment rate?
Heather Byrne: Ross provides a great ecosystem of individualized support to students. We have staff coaches with proven industry experience and a strong commitment to supporting students. We hire MBA2s to be peer coaches, who bring an empathetic viewpoint, as they just went through the recruiting process. Finally, we have great alumni who hire our students and support them throughout the process.
CA: Could you also tell us more about the 17% increase in hiring companies?
HB: Industry relations managers in our office who are dedicated to building and nurturing relationships with employers, and our alumni network is very active in mentoring and helping students find jobs. When an alum moves to another company, we often hear from them about wanting to start recruiting at Ross.
CA: What should current MBA applicants know about career services/support at Ross?
HB: Ross students get jobs at the most sought-after companies and organizations all over the U.S. and around the world. In 2019, over two-thirds of our students landed jobs on the west coast, east coast, and Chicago, with our top employers being McKinsey, Amazon, Google, Deloitte, PepsiCo, BCG, and Microsoft. At the Career Development Office, we focus on providing the best support to all students, from preparing a resume to doing behavioral and case interviews. Ross has more Career Peer Coaches than any other school with a ratio of one peer coach to every five students. The combination of staff and peer coaches, an incredible alumni network, and great career tools, enable us to build on our students’ academic and leadership capabilities to prepare them for long-term career success.
CA: What should new MBA students know about career services/support at Ross?
HB: Incoming MBA students begin their career journey in May, before classes start and before they come to campus for orientation. They complete an online course over the summer, and our Career staff will travel to several cities around the country to do early-career prep in person. Students will come to campus with a final draft of their resume, which puts them well ahead of the typical recruitment timeline and gives them a chance to focus on the entire experience (academic plus career) when they first get to school.
CA: Is there anything you would like to add?
HB: Ross students are successful because they have what employers are looking for—the skills to manage ambiguity, strong analytical skills, and the ability to work collaboratively up and down an organization. Our school, its culture, and the academic rigor and career preparation, combine to produce the right environment to ensure our students excel both at Ross and in any workplace they choose.