The Tuck School of Business at Dartmouth University has released its MBA Class of 2020 Employment Report. Ninety-four percent of MBAs received offers within three months of graduation and 92 percent accepted. This does represent a decline from 2019; however, the climate graduates faced this year was starkly different. Still, the median salary increased substantially over last year to $150,000 from $140,000. Tuck credits its personal approach to management education and exemplary career services for the success of the Class of 2020.
| Consulting | 42% |
| Financial Services | 21% |
| Technology | 15% |
| Healthcare | 8% |
| Consumer Goods/ Retail | 5% |
| Northeast | 49% |
| West | 21% |
| Midwest | 10% |
| South and Southeast | 9% |
| Mid-Atlantic | 3% |
Industry Placement
Tuck MBA graduates found careers in consulting at a higher rate than 2019 with 42 percent, while financial services experienced a three percent drop to 21 percent. The technology industry took in 15 percent of graduates, down from 19 percent last year. Healthcare saw 8 percent of graduates take jobs in the industry while 5 percent went to consumer goods and retail, representing a slight increase for both industries.
Regional Placement
Ninety-two percent of MBA grads stayed in the U.S. for work while 8 percent moved overseas. The Northeast remained the most popular career destination with 49 percent of graduates taking work there. The portion of the class finding jobs in the Western U.S. increased to 21 percent and the Midwest to 10 percent. Three percent more grads went to work in the American South this year, where the second-highest median salary was reported at $162,500. The highest median salary was $165,000 in the Southwest U.S. The Mid-Atlantic states saw just 3 percent of graduates move into careers.
