2024 Employment Data for Full-Time MBA
$170,000
median base salary
$30,000
median bonus
91%
received first offer within 6 months of graduation
MBA Graduate Acceptances
| INDUSTRY | % | BASE SALARY MEAN | BASE SALARY MEDIAN | BASE SALARY RANGE | MEDIAN SIGNING BONUS |
|---|---|---|---|---|---|
| Consulting | 36.0% | $180,948 | $185,000 | $106,916-$200,000 | $30,000 |
| Consumer Packaged Goods | 7.7% | $122,643 | $125,000 | $110,000-$128,000 | $40,000 |
| Energy | 2.6% | $144,167 | $147,500 | $120,000-$165,000 | $35,000 |
| Financial Services | 17.6% | $162,023 | $175,000 | $80,000-$300,000 | $50,000 |
| Healthcare | 9.2% | $138,486 | $137,250 | $101,200-$180,000 | $35,000 |
| Manufacturing | 4.4% | $132,091 | $133,000 | $125,000-$140,000 | $30,000 |
| Retail | 2.6% | $134,286 | $135,000 | $125,000-$145,000 | $25,000 |
| Technology | 15.1% | $156,066 | $157,205 | $115,880-$230,000 | $30,000 |
| Other | 4.8% | $144,573 | $142,000 | $79,420-$215,000 | $30,000 |
| Total/average | 100.0% | $159,934 | $170,000 | $79,420-$300,000 | $30,000 |
| FUNCTION | % | BASE SALARY MEAN | BASE SALARY MEDIAN | BASE SALARY RANGE | MEDIAN SIGNING BONUS |
|---|---|---|---|---|---|
| Business Development | 1.5% | $128,750 | $127,500 | $120,000-$140,000 | $17,500 |
| Consulting | 37.9% | $178,145 | $182,500 | $79,420-$200,000 | $30,000 |
| Consulting - General | 13.2% | $176,324 | $180,000 | $79,420-$200,000 | $30,000 |
| Consulting - Internal | 1.1% | $141,832 | $150,000 | $123,496-$152,000 | $30,000 |
| Consulting - Management | 19.5% | $181,283 | $190,000 | $144,000-$197,000 | $30,000 |
| Consulting - Operations | 2.2% | $187,167 | $192,000 | $175,000-$192,000 | $30,000 |
| Consulting - Technology | 1.8% | $168,600 | $175,000 | $131,000-$192,000 | $30,000 |
| Finance | 15.8% | $167,642 | $175,000 | $101,200-$300,000 | $50,000 |
| Finance - Corporate | 2.9% | $129,367 | $125,000 | $120,000-$148,000 | $35,000 |
| Finance - Investment Banking | 10.3% | $174,630 | $175,000 | $165,000-$175,000 | $50,000 |
| Finance - Private Equity/Venture Capital | 1.8% | $197,667 | $160,000 | $133,000-$300,000 | - |
| General Management | 20.2% | $142,921 | $140,000 | $105,000-$182,100 | $30,000 |
| Human Resources | 2.2% | $115,000 | $120,000 | $80,000-$150,000 | $42,500 |
| Marketing/Sales | 17.6% | $139,468 | $128,000 | $110,000-$230,000 | $35,000 |
| Marketing/Sales - Brand/Product Management | 16.2% | $139,464 | $128,000 | $110,000-$230,000 | $37,500 |
| Marketing/Sales - General | 1.5% | $139,500 | $148,000 | $125,000-$137,000 | $27,500 |
| Operations/Logistics | 1.5% | $140,667 | $142,000 | $130,000-$150,000 | $37,900 |
| Other | 3.3% | $162,625 | $165,000 | $83,000-$215,000 | $28,500 |
| Total/average | 100.0% | $159,934 | $170,000 | $79,420-$300,000 | $30,000 |
| REGION | % | BASE SALARY MEAN | BASE SALARY MEDIAN | BASE SALARY RANGE | SIGNING BONUS |
|---|---|---|---|---|---|
| Mid-Atlantic | 6.6% | $166,889 | $175,000 | $83,000-$192,000 | $30,000 |
| Washington DC Metro | 5.5% | $168,067 | $175,000 | $130,000-$192,000 | $30,000 |
| Midwest | 30.1% | $157,829 | $165,000 | $101,200-$197,000 | $30,000 |
| Chicago Metro | 16.2% | $165,155 | $175,000 | $115,000-$193,000 | $30,000 |
| Detroit Metro | 7.0% | $162,016 | $169,100 | $101,200-$197,000 | $30,000 |
| Minneapolis/St. Paul Metro | 2.6% | $141,214 | $125,000 | $123,496-$175,000 | $35,000 |
| Northeast | 24.6% | $165,246 | $175,000 | $110,000-$215,000 | $40,000 |
| Boston Metro | 2.9% | $165,125 | $163,500 | $135,000-$192,000 | $35,000 |
| Tri-State Area (NY, NJ & CT) | 20.6% | $165,926 | $175,000 | $110,000-$215,000 | $40,000 |
| South | 4.8% | $157,041 | $175,000 | $100,000-$192,000 | $30,000 |
| Atlanta Metro | 2.2% | $163,908 | $175,000 | $118,450-$192,000 | $30,000 |
| Miami Metro | 1.1% | $161,333 | $192,000 | $100,000-$192,000 | $35,000 |
| Southwest | 8.8% | $158,695 | $168,000 | $110,000-$200,000 | $30,000 |
| Austin Metro | 4.4% | $158,617 | $171,000 | $120,000-$200,000 | $30,000 |
| Dallas Metro | 1.8% | $139,627 | $128,000 | $115,880-$175,000 | $30,000 |
| West | 21.0% | $159,786 | $157,205 | $120,000-$300,000 | $30,000 |
| Los Angeles Metro | 4.0% | $167,200 | $150,000 | $124,000-$300,000 | $30,000 |
| San Francisco Bay Area | 7.7% | $168,874 | $175,000 | $120,000-$230,000 | $32,500 |
| Seattle Metro | 4.4% | $162,425 | $164,550 | $130,000-$192,000 | $30,000 |
| International | 4.0% | $126,334 | $120,000 | $79,420-$194,000 | $48,500 |
| Asia | 2.6% | $153,639 | $160,000 | $106,916-$194,000 | $34,614 |
| Other | 1.5% | $105,855 | $100,000 | $79,420-$144,000 | $50,000 |
| Total/Average | 100.0% | $159,934 | $170,000 | $79,420-$300,000 | $30,000 |
86% of accepted offers reported a signing bonus
264
companies hired a Michigan Ross graduate or intern in 2024
62%
accepted offers in the Northeast, Chicago, or the West Coast
86%
of accepted offers were obtained through school-facilitated recruiting activities
Timing of Job Offers
| Received first offer by graduation | received first offer within 3 months of graduation | received first offer within 6 months of graduation | |
|---|---|---|---|
| U.S. Citizen/Permanent Resident | 81.1% | 87.4% | 93.2% |
| Foreign National | 71.4% | 79.8% | 86.6% |
| Grand Total | 77.5% | 84.6% | 90.8% |
Timing of Job Acceptances
| Accepted Offer by Graduation | Accepted Offer Within 3 Months of Graduation | Accepted Offer Within 6 Months of Graduation | |
|---|---|---|---|
| U.S. Citizen/Permanent Resident | 79.1% | 85.9% | 91.7% |
| Foreign National | 71.4% | 79.8% | 86.6% |
| Grand Total | 76.3% | 83.7% | 89.8% |
MBA Intern Acceptances
| INDUSTRY | % | BASE SALARY MEAN | BASE SALARY MEDIAN | BASE SALARY RANGE |
|---|---|---|---|---|
| Consulting | 23.5% | $180,312 | $189,000 | $103,968-$240,000 |
| Consumer Packaged Goods | 9.4% | $108,504 | $98,796 | $41,604-$228,804 |
| Education | 1.8% | $55,356 | $45,600 | $38,400-$76,800 |
| Energy | 3.8% | $92,784 | $95,196 | $45,756-$140,400 |
| Financial Services | 22.0% | $135,540 | $146,292 | $48,000-$210,000 |
| Healthcare | 9.4% | $101,280 | $104,004 | $51,996-$135,204 |
| Manufacturing | 5.3% | $111,288 | $108,156 | $79,044-$156,000 |
| Non-Profit | 2.3% | $80,604 | $72,396 | $57,600-$120,000 |
| Retail | 1.2% | $101,604 | $99,996 | $86,400-$120,000 |
| Technology | 15.8% | $102,936 | $108,156 | $38,400-$144,000 |
| Other | 5.6% | $113,646 | $110,400 | $33,322-$215,020 |
| Total/Average | 100.0% | $130,188 | $120,000 | $33,324-$240,000 |
| FUNCTION | % | BASE SALARY MEDIAN | BASE SALARY MEAN | BASE SALARY RANGE |
|---|---|---|---|---|
| Business Data Analytics | 1.2% | $96,036 | $95,676 | $52,800-$140,004 |
| Business Development | 5.0% | $66,408 | $60,000 | $33,324-$115,200 |
| Consulting | 28.2% | $165,576 | $186,900 | $38,400-$240,000 |
| Consulting - General | 4.7% | $117,763 | $115,200 | $38,400-$180,000 |
| Consulting - Internal | 1.8% | $125,496 | $106,080 | $72,000-$240,000 |
| Consulting - Management | 20.2% | $183,060 | $189,000 | $90,000-$192,996 |
| Consulting - Operations/Process | 1.5% | $119,244 | $120,000 | $42,000-$189,804 |
| Finance | 22.0% | $130,524 | $126,000 | $45,756-$210,000 |
| Finance - Corporate | 2.9% | $109,380 | $110,400 | $94,164-$137,136 |
| Finance - General | 3.2% | $96,833 | $93,600 | $45,756-$119,028 |
| Finance - Investment Banking | 9.7% | $170,244 | $174,996 | $69,228-$210,000 |
| Finance - Private Equity/Venture Capital | 6.2% | $90,528 | $83,196 | $57,600-$182,004 |
| General Management | 16.1% | $105,924 | $108,684 | $38,400-$156,000 |
| Marketing/Sales | 15.5% | $108,540 | $98,796 | $67,200-$228,804 |
| Marketing/Sales - Brand/Product Management | 12.9% | $111,264 | $99,804 | $83,196-$228,804 |
| Marketing/Sales - General | 2.6% | $91,263 | $96,150 | $67,200-$115,440 |
| Operations/Logistics | 10.9% | $108,516 | $120,000 | $43,200-$157,848 |
| Other | 1.2% | $188,539 | $214,968 | $109,200-$215,020 |
| Total/Average | 100.0% | $130,188 | $120,000 | $33,324-$240,000 |
| Region | % | BASE SALARY MEDIAN | BASE SALARY MEAN | BASE SALARY RANGE |
|---|---|---|---|---|
| Mid-Atlantic | 5.6% | $126,996 | $124,800 | $51,996-$214,968 |
| Philadelphia Metro | 2.1% | $129,670 | $121,380 | $93,600-$214,968 |
| Washington DC Metro | 2.3% | $152,434 | $173,901 | $60,000-$192,000 |
| Midwest | 38.7% | $132,480 | $120,000 | $33,324-$228,804 |
| Chicago Metro | 15.0% | $155,643 | $174,980 | $43,200-$228,800 |
| Detroit Metro | 13.5% | $121,928 | $120,000 | $33,323-$190,476 |
| Northeast | 19.6% | $133,140 | $124,800 | $41,604-$210,000 |
| Boston Metro | 2.6% | $102,724 | $109,200 | $45,760-$121,380 |
| Tri-State Area (New York, New Jersey, & Connecticut) | 15.8% | $138,569 | $146,286 | $41,600-$210,000 |
| South | 6.7% | $126,348 | $114,600 | $76,800-$189,996 |
| Atlanta Metro | 2.9% | $133,854 | $129,996 | $76,800-$189,000 |
| Southwest | 8.2% | $126,012 | $112,404 | $62,400-$192,000 |
| Austin Metro | 1.5% | $114,304 | $96,000 | $91,520-$192,000 |
| Dallas Metro | 2.3% | $118,039 | $110,400 | $72,000-$189,996 |
| Denver Metro | 1.8% | $134,093 | $135,200 | $98,800-$192,000 |
| Houston Metro | 1.5% | $149,316 | $175,000 | $96,782-$175,000 |
| West | 16.1% | $128,544 | $120,000 | $38,400-$215,020 |
| San Diego Metro | 1.5% | $100,259 | $97,056 | $76,960-$126,318 |
| San Francisco Bay Area | 8.2% | $141,571 | $175,000 | $38,400-$215,020 |
| Seattle Metro | 3.2% | $128,392 | $121,380 | $109,500-$144,000 |
| International | 5.0% | $110,738 | $103,969 | $38,400-$240,000 |
| Asia | 2.9% | $117,000 | $94,800 | $38,400-$240,000 |
| Total/Average | 100.0% | $130,188 | $120,000 | $33,324-$240,000 |
Top Hiring Companies for Full-Time MBA
| Employer | Total | MBA Full Time | MBA Intern |
|---|---|---|---|
| Boston Consulting Group | 33 | 16 | 17 |
| McKinsey & Co. | 27 | 17 | 10 |
| Amazon | 25 | 9 | 16 |
| Deloitte | 25 | 16 | 9 |
| Bain & Co., Inc. | 19 | 12 | 7 |
| PwC Strategy& | 13 | 5 | 8 |
| Bank of America | 10 | 5 | 5 |
| Barclays PLC | 10 | 6 | 4 |
| Dell Technologies | 10 | 6 | 4 |
| PepsiCo, Inc. | 10 | 3 | 7 |
| Nike Inc. | 9 | 6 | 3 |
| Accenture Strategy | 8 | 5 | 3 |
| EY-Parthenon | 8 | 4 | 4 |
| American Express Co. | 7 | 3 | 4 |
| Citi | 7 | 4 | 3 |
| Kearney | 7 | 1 | 6 |
| DaVita Inc. | 6 | 3 | 3 |
| Adobe | 5 | 3 | 2 |
| Cummins Inc. | 5 | 2 | 3 |
| Danone North America | 5 | 2 | 3 |
| Goldman Sachs Group Inc. | 5 | 3 | 2 |
| Johnson & Johnson Services Inc. | 5 | 1 | 4 |
| Lincoln International LLC | 5 | 3 | 2 |
| Mars Inc. | 5 | 5 | |
| Microsoft Corp. | 5 | 2 | 3 |
| Roland Berger | 5 | 3 | 2 |
| Visa Inc. | 5 | 3 | 2 |
| AlixPartners LLC | 4 | 2 | 2 |
| Boeing | 4 | 3 | 1 |
| Bristol-Myers Squibb Co. | 4 | 2 | 2 |
| Cisco Sytems Inc. | 4 | 2 | 2 |
| IBM | 4 | 4 | |
| Intuit Inc. | 4 | 1 | 3 |
| JP Morgan Chase & Co. | 4 | 1 | 3 |
| Kimberly-Clark Corporation | 4 | 1 | 3 |
| Moelis & Co. | 4 | 1 | 3 |
| Procter & Gamble Co. | 4 | 3 | 1 |
| RBC Capital Markets | 4 | 3 | 1 |
| AbbVie Inc. | 3 | 2 | 1 |
| Alvarez & Marsal | 3 | 2 | 1 |
| Chevron Corp. | 3 | 2 | 1 |
| Discover Financial Services | 3 | 2 | 1 |
| Ecolab Inc. | 3 | 2 | 1 |
| Genentech Inc. | 3 | 1 | 2 |
| General Motors Co. | 3 | 2 | 1 |
| KPMG Strategy | 3 | 2 | 1 |
| L.E.K. Consulting | 3 | 2 | 1 |
| Molson Coors Beverage Co. | 3 | 1 | 2 |
| NextEra Energy Inc. | 3 | 2 | 1 |
| Republic Services | 3 | 1 | 2 |
| Tesla Inc. | 3 | 1 | 2 |
| UnitedHealth Group Inc. | 3 | 1 | 2 |
| American Airlines | 2 | 2 | |
| Autodesk Inc. | 2 | 2 | |
| Avant Energy Inc. | 2 | 2 | |
| Barry-Wehmiller | 2 | 1 | 1 |
| Capital One Financial Corp. | 2 | 1 | 1 |
| Climate Vine | 2 | 2 | |
| Conagra Brands Inc. | 2 | 2 | |
| DuPont | 2 | 1 | 1 |
| Environmental Defense Fund Climate Corps | 2 | 2 | |
| Embedded Capital | 2 | 2 | |
| Fidelity Investments | 2 | 1 | 1 |
| General Mills Inc. | 2 | 2 | |
| Honor Technology Inc. | 2 | 2 | |
| Jefferies LLC | 2 | 2 | |
| MasterCard Advisors | 2 | 1 | 1 |
| Mattel Inc. | 2 | 2 | |
| mHUB Chicago | 2 | 1 | 1 |
| Mirwork | 2 | 2 | |
| Mondelez Intl. | 2 | 2 | |
| Nomura Greentech | 2 | 1 | 1 |
| Oak Street Health | 2 | 2 | |
| Owens Corning | 2 | 1 | 1 |
| Pfizer | 2 | 1 | 1 |
| SC Johnson & Son Inc. | 2 | 2 | |
| Siemens Digital Industries Software | 2 | 1 | 1 |
| Skuchain | 2 | 2 | |
| The AES Corp. | 2 | 2 | |
| The Chartis Group | 2 | 2 | |
| TikTok Inc. | 2 | 2 | |
| Wells Fargo | 2 | 1 | 1 |
| Whirlpool Corp. | 2 | 2 |
Employers hiring two or more Michigan Ross graduates or interns in 2023-2024
