REPORT: Ross Grads Earning All-Time High Salaries

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Last week, we released the 2016 Michigan Ross Employment report, and shared that more than 98 percent of Ross MBA grads had a job offer within three months of graduation.

And that isn’t even the most impressive part of the 2016 report.
 

As explained by Poets & Quants this weekend, salary numbers for recent Ross MBA grads are at an all-time high and bested only by grads from Harvard, Wharton, and Stanford.

“Ross’ Class of 2016 simply nailed it in today’s robust MBA job market,” Poets & Quants said. “[These] are highly impressive numbers from Ross.”  - Read the full article from Poets & Quants

The Ross MBA Class of 2016 reported median total compensation packages of $150,606 – with more than 91 percent of the class receiving sign-on bonuses and other guaranteed compensation (see charts below).

It’s the highest median total compensation ever reported by Ross grads, topping last year’s all-time high, which was just over $149,000.

2016 Detailed Compensation Information By Industry

CONSULTING

2016 Detailed Compensation Information for Consulting OFFERS

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  Base Salary Signing Bonus Other Guaranteed Compensation
Function Median Mean Range % of reported Median % of reported Median
Consulting $140,000 $134,069 $48,106-$160,000 94.3% $25,000 60.0% $21,000
Strategy Consulting $145,000 $137,579 $48,106-$150,000 94.6% $25,000 62.4% $22,025
General Consulting $135,000 $129,125 $93,000-$160,000 87.5% $25,000 37.5% $21,000
IT/Systems & Human Capital Consulting $135,000 $137,000 $135,000-$140,000 100.0% $25,000 20.0% $26,000
Internal Consulting $110,000 $110,820 $90,823-$125,000 100.0% $20,000 72.7% $10,500
Operations/Process Consulting $135,000 $127,000 $110,000-$145,000 80.0% $25,000 20.0% $8,000

 

Visit Our Consulting Careers Page For More

MARKETING

2016 DETAILED COMPENSATION INFORMATION FOR MARKETING OFFERS

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  Base Salary Signing Bonus Other Guaranteed Compensation
Function Median Mean Range % of reported Median % of reported Median
Marketing $106,000 $109,086 $70,000-$140,000 87.1% $25,000 53.2% $10,000
Brand/Product Managment $105,000 $115,880 $102,000-$140,000 72.7% $25,250 42.4% $11,000
General Marketing $105,000 $103,500 $85,000-$115,000 89.5% $25,000 52.6% $9,000
Sales $108,500 $106,417 $70,000-$135,000 83.3% $35,000 100.0% $43,500
Other Marketing $103,500 $105,500 $100,000-$115,000 100.0% $33,750 50.0% $6,850

 

Visit Our Marketing Careers Page For More

TECHNOLOGY

2016 DETAILED COMPENSATION INFORMATION FOR TECHNOLOGY OFFERS

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Salary     Signing Bonus   Other Compensation  
Median Mean Range % of reported Median % of reported Median

$120,000

$117,000

$70,000-$140,000

87.0

$31,000

47.8%

$20,000

 

Visit Our Technology Careers Page For More

FINANCE

2016 DETAILED COMPENSATION INFORMATION FOR FINANCE OFFERS

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  Base Salary Signing Bonus Other Guaranteed Compensation
Function Median Mean Range % of reported Median % of reported Median
Finance $110,425 $113,399 $80,000-$175,000 93.2% $40,000 42.5% $15,000
Corporate Finance $110,000 $107,911 $80,000-$120,000 96.9% $25,000 53.1% $10,000
Investment Banking $125,000 $124,783 $80,000-$150,000 95.7% $50,000 26.1% $45,000
Asset Management $107,500 $108,611 $80,000-$175,000 83.3% $30,000 44.4% $19,000

 

Visit Our Finance Careers Page For More

OPERATIONS

2016 DETAILED COMPENSATION INFORMATION FOR OPERATIONS OFFERS

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Salary     Signing Bonus   Other Compensation  
Median Mean Range % of reported Median % of reported Median

$120,000

$117,875

$100,000-$130,000

93.8

$25,500

25.0%

$15,000

 

Visit Our Operations Careers Page For More

To read more about the incredible employment results of the Ross Class of 2016, including those from our undergraduate BBA program and specialty master’s programs, download the full report:

Download the 2016 Employment Report

Read the Poets & Quants story

Connect with Michigan Ross        
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