Dartmouth Tuck MBA Class of 2021 Employment Report: Graduates in High Demand
See the employment report for the Tuck MBA Class of 2022 here.
The Dartmouth College Tuck School of Business has released its employment report for the MBA Class of 2021. The report shows Tuck graduates had impressive acceptance rates that nearly matched the school’s record high. Three months after graduation, 98 percent of job-seeking graduates received an offer, just short of the school’s record 99 percent. The job acceptance rate at the three-month mark reached 97 percent. The median signing bonus landed at $30,000 and the median salary at $150,000. This brings the median total compensation to $180,000, a repeat of the record salary for last year’s Tuck MBA class. Eighty-six percent of graduates reported receiving a signing bonus.
In the school’s press release, Stephen Pidgeon, executive director of career services and a Class of 2007 alum, stated, “The top firms in the world continuously seek the sort of leaders we develop at Tuck, a fact that is reinforced by the quality of offers extended to the Class of 2021. Our MBA graduates continue to receive compelling, highly-compensated offers from the most sought-after companies in the world, setting them off on the right foot as they begin their post-MBA journeys.”
Here are some key statistics of the report by industry and location:
|Healthcare, Pharma, Biotech||13%|
|Consumer Goods & Retail||5%|
Where 2021 Dartmouth Tuck MBAs Landed for Employment
There are few surprises in the breakdown of graduate placement by industry; Tuck historically has a strong foothold in consulting, finance, and technology. Consulting is again the number one industry for Tuck MBAs with 36 percent of graduates and the highest median salary at $165,000. Financial services jobs are where 23 percent found careers, while 15 percent went to the tech industry. Healthcare, pharma, and biotech jobs significantly increased from last year’s eight percent to 15 percent, and five percent of graduates went into retail or consumer goods.
Ninety-seven percent of the Tuck MBA class went to work in the United States. Boston and New York dominate the Northeast, where 53 percent earn the highest average salary by region at $149,147. The US West saw 20 percent find work there, with eight percent going to the Mid-Atlantic, seven percent to the Midwest, and five percent to the Southwest, where the second-highest average salary is $144,909. Three percent of MBAs accepted jobs in the Southern US.
“The diversity of career paths our graduates exhibit is exciting,” Pidgeon added in the school’s press release. “It proves that, in every industry, there is need for the talent and hard-earned skills that Tuck MBAs possess.”