A graduating MBA student in Stanford University’s Graduate School of
Business this year nailed down a private equity job in the northeast with a
total compensation package north of half a million dollars.
This year’s highest paid Stanford MBA, who had a business undergraduate
degree and three to five years of work experience before getting a graduate
degree, reported receiving a guaranteed annual bonus of $337,500–a sum that
does not even include potential tuition reimbursement, relocation expenses,
auto allowances, profit sharing, stock or stock options. If that student
received the median base salary in private equity of $150,000 along with the
median signing bonus of $35,000, the person’s total first-year
compensation would be a minimum of $522,500.
The numbers are disclosed in Stanford’s recently published employment
report for the Class of 2013. All told, Stanford MBAs reported median base
salaries of $125,000–exactly the same as last year. But median signing
bonuses of $25,000 and median guaranteed bonuses of $30,000 were both up by
$5,000 each over last year.
A record 18% of the class became entrepreneurs, up from 13% of the Class of
2012, (and their pay is not included among the medians or means). The
previous all-time high for MBA startups at Stanford was 16% for the Class of
This year’s percentage of MBA students who shunned traditional MBA jobs in
favor of the start-up world reflects more than a three-fold increase from
only 5% in the early 1990s and is 50% higher than the 12% peak during the
Yet, for the vast majority of Stanford MBAs who focused on mainstream jobs,
it was a very good year, thank you. Some 77% of the class had job offers by
graduation, roughly the same as last year’s 78%, while 94% reported having
job offers three months after commencement, also roughly equal to the 93% a
Graduates earning the highest average base pay ventured into private equity
($157,696), hedge funds ($151,111), venture capital ($147,500), and
management consulting ($132,855). Predictably, the lowest average base pay
went to MBAs who took non-profit jobs ($85,050), real estate positions ($108
,750), and retail roles ($110,294).
At the very top of the scale, a few MBAs really grabbed the golden ring.
Stanford MBAs capturing the very highest base pay this year reported a $225,
000 analyst position in private equity, a $225,000 doing strategy work in
media/entertainment, and a $200,000 job in portfolio management at a hedge
fund, One student reported getting a $100,000 bonus for signing on with a
private equity firm. It was the highest sign-on bonus reported this year.
Not everyone was so lucky, of course. There were some shockingly low base
salaries taken by members of Stanford’s Class of 2013. One MBA reported
taking a $40,000-a-year job in consumer products and services, the lowest
base of any graduate this year. Another accepted a starting salary offer of
just $54,000 for a media/entertainment company in tech. Presumably, that
person got a piece of equity in exchange for the low salary. A couple of
students took jobs paying $70,000 a year in base pay–in tech retail and in
tech software (see table on the high and low base salaries by industry).
The largest single chunk, nearly one of three Stanford grads, or 32% of the
entire class, went into technology, where the average base pay was $117,408.
That was a signifiant change from the previous year when the tech industry
absorbed 24% of the Class of 2012. Some 8% of this year’s MBA output at
Stanford landed jobs in retail, 4% in internet service companies and another
4% in consumer electronics.
Finance claimed the second biggest group, with 26% of the Class of 2013
taking jobs with financial outfits, a drop of six percentage points from the
32% last year. Some 11% of this year’s MBAs went to private equity and
leveraged buyout firms, with 4% each to hedge funds and venture capital
firms, 3% with investment banking or brokerage houses, and another 3% in
Some 19% of the class, meantime, landed consulting gigs, slightly down from
20% a year earlier.
【在 I*****a 的大作中提到】
: A graduating MBA student in Stanford University’s Graduate School of
: Business this year nailed down a private equity job in the northeast with a
: total compensation package north of half a million dollars.
: This year’s highest paid Stanford MBA, who had a business undergraduate
: degree and three to five years of work experience before getting a graduate
: degree, reported receiving a guaranteed annual bonus of $337,500–a sum that
: does not even include potential tuition reimbursement, relocation expenses,
: auto allowances, profit sharing, stock or stock options. If that student
3看清了：“All told, Stanford MBAs reported median base salaries of $125,000
–exactly the same as last year.”
【在 c****p 的大作中提到】
: 看清了：“All told, Stanford MBAs reported median base salaries of $125,000
: –exactly the same as last year.”
【在 t******d 的大作中提到】