Columbia MBA Employment Report: Class of 2022 Finds Success out of Manhattanville Campus
The Columbia Business School employment report reveals a successful MBA Class of 2022 and opens with credit to the new location: “The School’s move to its new Manhattanville campus is enabling us to educate more students, embrace more alumni, elevate faculty research and scholarship, entice new thought leaders and practitioners, expand our connection of theory with practice, and strengthen engagement across the University and New York City.”
Of the 865 graduates of the CBS MBA Class of 2022, 105 returned to sponsoring employers and 27 launched their own businesses. Three months after graduation, 95 percent of the Columbia MBA class left seeking employment reported receiving a job offer and 92 percent accepted a job offer. Sixty-two percent of jobs were school-facilitated, sourced through school-initiated internships, COIN job postings, campus interviews, and the network of 50,000 alumni across more than 100 countries.
Compensation and Industry Performance
Financial services topped the industry choice for CBS MBAs again this year at nearly 37 percent. A breakdown of this industry reveals that roughly 17 percent pursued investment banking, followed by eight percent choosing investment management. Private equity and venture capital combined took in a total of eight percent. Two percent hold roles in consumer finance and analytics. Venture capital reported the highest median salary of the industry at $180,000.
Consulting recruited 33.6 percent of the Columbia MBA Class of 2022. The technology and media industries were the job destination for 16 percent of graduates. Real estate took in 3.6 percent of graduates and healthcare rounded out the top five with 2.6 percent.
|Technology & Media||16%|
The median base salary for the class landed at $175,000, while the salary range reached as high as $400,000. Nearly 83 percent reported receiving a hiring bonus, for which the median this year was $30,000. The school’s graduate survey made it a point to ask about job satisfaction. The top three reasons the MBA Class of 2022 gave for accepting an offer were firm culture and people (15.1%), company reputation (14.6%) and advancement opportunities (13.0%).