“One of the assets of Wharton is the continued strength of the resources and the network that help students land in industries, functions, and geographies across the board.”. Total student population for this report includes those graduating between June 1, … The 2019 numbers represent a 147 percent jump from 2018, and a 250 percent increase from 2017. Stay plugged into Penn with this daily newsletter rounding up all of the top headlines from top headlines A report released on Oct. 23 found that Wharton MBA graduates from the Class of 2019 have a median base salary of $150,000, an 11 percent increase from last year’s base salary of $135,000. More than 98% of the 664 Wharton MBA graduates seeking employment received job offers, according to the 2019 report. “We’re pleased at the high rates of success our students have achieved across such a diverse set of roles and industries post-graduation,” Director of Wharton MBA career management Michelle Hopping told Poets & Quants. from the DP, 34th Street, and Under the Button. The best paying degree at University of Pennsylvania & Wharton School is Other Degree, with alumni earning an average salary of $200,000. Free. The other 12.3 percent entered work outside the United States, predominantly in Asia (7.1 percent) followed by Europe (3.4 percent). Furthermore, Wharton has experienced its highest number of venture capital job placements to date. This information is as of September 12, 2019 and is collected and reported according to MBA CSEA Standards. Nearly all career fields saw an improvement in median base salary. Wharton grads earned $150,000 median salaries across all industries in 2019, and Harvard grads overall earned $148,750 in 2019. Wharton MBAs in consulting positions earned 12 percent more in compensation compared to last year, while those in financial services jobs earned 15.4 percent more. Credit: Sam Holland A report released on Oct. 23 found that Wharton MBA graduates from the Class of 2019 have a median base salary of $150,000, an 11 percent increase from last year’s base salary of $135,000.. delivered directly to your inbox. The week's top stories from the DP and beyond, meticulously curated for parents and alumni, and delivered Please support us by disabling your ad blocker on our site. Seeking Students Reported Job Acceptances, MBA Career Management | Career Statistics. In accordance with MBA CSEA Standards, compensation is not listed for categories reported by less than 1% of students seeking employment. “This year, venture capital hired students in greater numbers thanks to a historically strong environment for investment and fundraising in the market, combined with the support of the school across career management, student clubs, and other programs," Hopping told Poets & Quants. The Wharton MBA Careers 2019 report details employment statistics for the most recent graduating class of the MBA program at Wharton Business School at the University of Pennsylvania. All comments eligible for publication in Daily Pennsylvanian, Inc. publications. Wharton was first among America’s top-tier MBA programs to release 2020 salary data, as Ivy League rivals Harvard, Stamford, Columbia, MIT and Dartmouth have only 2019 data available, he said. This information is as of September 12, 2019 and is collected and reported according to MBA CSEA Standards. into your inbox every Sunday morning. Across all industries, the median salary earned by the class is US$150,000, a not so insignificant increase of US$15,000 from 2018. More than 98% of the 664 Wharton MBA graduates seeking employment received job offers, according to the 2019 report. $. That’s a big change from last year when Wharton’s 2019 graduates had reported significant gains in median salary, a $15,000 bump from $135,000 in 2018 to the $150K mark. Free. Additionally, 100 percent of Wharton MBAs from the Class of 2020 landed an internship. Wharton ranked best business school in 2020 U.S. News & World Report ranking, Wharton expands MBA early admission program to undergrads from any university. Total student population for this report includes those graduating between June 1, 2018 and May 31, 2019. You read correctly, a Wharton graduate nabbed the highest annual base salary last year with a private equity firm in New York.The staggering $350,000 starting salary was more than three times the median base salary – $110,000 – of the MBA’s classmates. Subscribe to get the week's top stories from The DP and beyond, meticulously curated for parents and alumni, According to the 2019 report, more than 98 percent of the 664 graduates seeking employment received job offers. Free. Have top stories from The Daily Pennsylvanian delivered to your inbox every day, Monday through Friday, when Penn classes are in session. Graduates from University of Pennsylvania & Wharton School who earn the lowest salaries are those with a LLM degree, earning a salary of $53,000 annually. After two years of steady gains, the median salary for Wharton MBA graduates remained flat at $150,000 this year, according to the school’s just-published 2020 employment report. When listed, guaranteed compensation is per month, and does not include discretionary bonuses or other forms of compensation. This information is as of September 12, 2019 and is collected and reported according to MBA CSEA Standards. "Penn, Unbuttoned" is Penn's only intentionally satirical newsletter, giving you your weekly dose of comedy from Under the Button. The Daily Pennsylvanian is a student-run nonprofit. The career report also states the location choices of employment for post-graduates, with most most MBA graduates remaining in the United States (87.7 percent). campus culture and arts scene. 34th Street Magazine's "Toast" to dear old Penn is a Sunday morning newsletter with the latest on Penn's | Wharton's 2019 MBA graduates earned a median base salary of $150,000.