fbpx
The Leading Independent Resource for Top-tier MBA Candidates
Menu


Home » News » News » MBA News » Stanford GSB MBA Employment Report: Class of 2022 Continues Increase in Starting Salaries

Stanford GSB MBA Employment Report: Class of 2022 Continues Increase in Starting Salaries

stanford mba employment report

While the Stanford GSB MBA Class of 2022 began their MBAs at the early stage of a pandemic, they graduated into a strong job market. According to their employment report, 93 percent of students seeking employment received job offers within three months of graduation. Eighty-four percent of GSB graduates seeking employment accepted positions within three months of graduation.

Of the 462 graduates of the Class of 2022, 309 were seeking employment; that is, 67 percent of the graduating class. Nineteen percent of the Stanford GSB MBA Class of 2022 are now dedicating their time to the launch of their new ventures. In regards to sectors, 47 percent started businesses in technology followed by 13 percent in healthcare. Seven percent launched ventures in energy and six percent each in finance or consumer products.  It’s worth noting that a record number of women pursued entrepreneurship–46% of GSB graduates starting a company or joining a startup were women. Finally, seven percent of the Class of 2022 were company-sponsored or already employed, and another three percent continued their education instead of seeking employment.

Salaries & Industry Choices

For the eighth consecutive year, Stanford GSB MBA graduates have seen an increase in mean and median starting salaries. The average starting salary for the Class of 2022 landed at $182,272 and the median at $175,000.

Like last year’s class, a third of the MBA Class of 2022 joined the finance industry. Fourteen percent pursued private equity and 12 percent venture capital. Five percent went into investment management. Finance roles landed the highest mean and median salaries at $211,944 and $200,000, respectively.

Thirty percent of graduates entered the technology field, followed by 15 percent in consulting. Five percent each chose to work in healthcare or media/entertainment, rounding out the top five industries.

Stanford GSB MBA Employment Report:
Top 5 Industry Placement

Finance33%
Technology30%
Consulting15%
Healthcare5%
Media/Entertainment5%

 

Regional Placement

Ninety-six percent of those who sought employment found it in the U.S. Fifty-eight percent settled in the West followed by 26 percent in the Northeast. The Midwest, Southwest and Mid-Atlantic regions took in three percent of graduates each. The South attracted two percent of the class. Three percent headed to Europe and one percent each to Asia or Latin America/Caribbean for their post-MBA employment.

Stanford GSB MBA Employment Report:
U.S. Regional Placement

West58%
Northeast26%
Midwest3%
Mid-Atlantic3%
Southwest3%
South2%

 

“These students and graduates faced great challenges starting their MBA journeys in the midst of a global pandemic,” says Paul Oyer, Senior Associate Dean for Academic Affairs, in the press release. “Now, they are pursuing careers that line up with their personal and professional passions, and their diversity of outcomes reflects their diversity of interests and experiences. They are well prepared to make a substantial impact in their organizations and the world.”

Posted in: Employment Report, MBA News

Schools: Stanford GSB

About the Author

Avatar photo
Lauren Wakal

Lauren Wakal has been covering the MBA admissions space for more than a decade, from in-depth business school profiles to weekly breaking news and more.

  • Sign Up For Our Newsletter

  • Join the Clear Admit community for free and conduct unlimited searches of MBA LiveWire, MBA DecisionWire, MBA ApplyWire and the Interview Archive. Register now and you’ll also get 10% off your entire first order.

    Click here to register!

    Already have an account? .

    Log In

    Please enter your Username and Password

    Don’t have an account? Register for free