The Dartmouth Tuck MBA Class of 2024 employment report reveals this year’s median base salary for graduates stands at $175,000, with 84 percent of the class receiving sign-on bonuses at a median payout of $30,000. The total median compensation maintains the running record for recent Tuck graduates.
Of the year’s 283 Tuck graduates, 245 (87 percent) reported seeking employment. Of those not seeking employment, seven percent were company sponsored or already employed, and two percent are going on to start their own businesses.
“T’24s graduated into one of the more challenging markets in recent years but they never wavered. They put in the work, leveraged the substantial resources at their disposal, and got results,” says Stephen Pidgeon T’07, executive director of career services, in the school’s announcement. “These employment outcomes are indicative of the quality of the class of 2024, the time and energy that they put into their career search, and the support provided by every sector of the Tuck community—including our dedicated career advisers, our world-class faculty, and our incredibly supportive alumni.”
Industry and Regional Placement
Consulting stands as the leading sector, attracting 44 percent of graduates with a median annual base salary of $190,000. Financial services followed with 24 percent, 17 percent of whom pursued investment banking. Candidates who pursued financial services landed a median base salary of $175,000. The technology sector hired 10 percent of graduates with a median salary of $147,500. Health care, pharma, and biotechnology, as well as consumer goods and retail, rounded out the top five industry choices, recruiting eight and six percent of graduates, respectively.
Consulting | 44% | $190,000 |
Financial Services | 24% | $175,000 |
Technology | 10% | $147,500 |
Healthcare, Pharma, Biotech | 8% | $135,000 |
Consumer Goods & Retail | 6% | $128,000 |
Most Tuckies pursued roles in the Northeast U.S., with 66 percent of graduates securing employment in the region, predominantly in New York City (31%) and Boston (33%). Twelve percent of new graduates headed to the U.S. West. Seven percent settled in the U.S. Midwest while four percent each headed to the Southwest or Mid-Atlantic. Four percent of new Tuck graduates headed to international locations for work.
Northeast | 66% | $175,000 |
West | 12% | $175,000 |
Midwest | 7% | $180,000 |
Southwest | 4% | $177,550 |
Mid-Atlantic | 4% | $175,000 |
South | 3% | $170,000 |