The Carnegie Mellon University Tepper School of Business has released its employment report for the MBA Class of 2022. This year, Tepper MBA graduates broke the records for employment rates and starting salaries. For the first time in the school’s history, 97 percent of those seeking employment reported receiving job offers within 90 days of graduation. The class’s median salary also grew eight percent compared to last year, coming in at $148,067.
“The outcomes highlighted in this year’s report demonstrate our graduates are continuing to drive the future landscape of business. As a school, we couldn’t be more honored to be a part of that journey,” said Isabelle Bajeux-Besnainou, Dean of the Tepper School, in the school’s press release.
Here are some key statistics of the report by industry and location:
Consulting | 39.1% |
Technology | 28.1% |
Financial Services | 16.4% |
Health, Pharma, BioTech | 6.2% |
Consumer Products | 3.1% |
Northeast | 33.1% |
West | 24.8% |
Mid-Atlantic | 18.2% |
Midwest | 11.6% |
Southwest | 6.6% |
South | 4.1% |
Where 2022 Tepper MBAs Landed for Employment
Consulting was the most popular industry for Tepper MBA 2022 graduates, as nearly 40 percent pursued roles in it. Tech claimed 28 percent of graduates and financial services landed in third at around 16 percent. Six percent headed into biotech/health/pharma field while consumer products finishes the top five industry choices at three percent.
Ninety-eight percent of the Tepper MBA class went to work in the United States. A third settled in the Northeast and nearly a quarter in the U.S. West. Roughly 18 percent remained in the Mid-Atlantic region while another nearly 12 percent headed to the Midwest. The Southwest rounds out the top five regional choices at nearly seven percent.