The Two-Year MBA Class of 2022 at Northwestern University’s Kellogg School of Management achieved near-perfect job placement, according to the employment report. At three months post-graduation, 99 percent of newly-minted Kellogg MBAs reported receiving a job offer, and 97 percent had accepted a job offer.
Liza Kirkpatrick, Assistant Dean of the Career Management Center, remarks, “These Kellogg graduates, who began their MBA journey during the disruption of a global pandemic and uncertain economy, demonstrated excellence and persistence in securing not only impressive, but impactful positions after earning their Kellogg MBA.”
The median base salary across all industries reached $165,000, representing a $15k increase over last year’s class. Those who reported a signing bonus maintained last year’s median of $30,000 this year.
Here are some key statistics from the employment report:
| Consulting | 40% |
| Technology | 21% |
| Financial Services | 16% |
| Consumer Packaged Goods | 10% |
| Healthcare | 4% |
The Midwest once again tops U.S. regional placement, though it had been second to the Western U.S. last year.
| Midwest | 32% |
| West | 30% |
| East | 22% |
| South | 11% |
| International | 5% |
Industry and Regional Placement
Forty percent of the Kellogg MBA Class of 2022 entered consulting, a record placement for the school. Their median salary registered at $175,000. Nearly 150 students were hired by top consulting firms, including McKinsey & Company, The Boston Consulting Group and Bain & Company. Kirkpatrick adds in the school announcement, “The balanced approach at Kellogg in equipping students with the special combination of analytical, technical expertise with human-centric, social intelligence creates the ideal candidate for the fast-paced consulting industry.”
The second most popular post-MBA industry was technology. Twenty-one percent of the class joined the field, claiming a median base salary of $145,860. Financial services followed at 16 percent with PE and VC being the top recruiting areas. Those students who entered financial services reported a median salary of $170,000. Consumer packaged goods and healthcare round out the top five industry choices, at 10 and 4 percent, respectively.
About 95 percent of MBA graduates stayed in the U.S. Thirty-two percent decided to stay in the Midwest U.S. while 30 percent headed to the West. Twenty-two percent headed to the East region of the U.S. for post-MBA employment and 11 percent settled in the South. Five percent headed abroad for work.
