Throughout their careers, Yale MBAs take on a range of challenges across regions and sectors. The variety of employers that hire Yale SOM students is remarkable, reflecting the initiative and creativity that our students bring to shaping their own careers.
Full-Time: Class of 2021
| Base Salary | Other Guaranteed Compensation | |||
|---|---|---|---|---|
| 25th Percentile | Median | 75th Percentile | Median Signing Bonus | Median Guaranteed Year-End Bonus |
| $120,000 | $140,400 | $165,000 | $30,000 | $22,950 |
| Women | 42% |
|---|---|
| U.S. Students of Color † | 29% |
| Underrepresented U.S. Students of Color †† | 13% |
| International Passport Holders ††† | 44% |
| Median GMAT | 720 |
| Median Undergraduate GPA | 3.66 |
Note: at matriculation in fall 2019
† INCLUDES U.S. CITIZENS AND PERMANENT RESIDENTS WHO IDENTIFY AS ASIAN, BLACK, HISPANIC/LATINO, NATIVE AMERICAN/ISLANDER, OR MULTIETHNIC
†† INCLUDES U.S. CITIZENS AND PERMANENT RESIDENTS WHO IDENTIFY AS BLACK, HISPANIC/LATINO, NATIVE AMERICAN/ISLANDER, OR MULTIETHNIC
††† INCLUDES U.S. PERMANENT RESIDENTS AND DUAL CITIZENS
Class of 2021 Full-Time Employment by Industry
| Industry | 25th Percentile | Median Base Salary | 75th Percentile | Median Signing Bonus |
|---|---|---|---|---|
| Consulting | $152,500 | $165,000 | $165,000 | $30,000 |
| Finance: Investment Banking | $150,000 | $150,000 | $150,000 | $50,000 |
| Finance: Diversified Financial Services | $120,000 | $124,250 | $139,500 | $30,000 |
| Finance: Private Equity | $96,000 | $125,000 | $140,000 | * |
| Finance: Venture Capital | * | * | * | * |
| Finance: Investment Management | * | * | * | * |
| Technology | $135,000 | $140,000 | $159,250 | $25,000 |
| Retail: E-commerce | $130,000 | $130,000 | $142,000 | $45,000 |
| Retail: Other | * | * | * | * |
| Consumer Packaged Goods | $115,000 | $120,000 | $122,500 | $32,500 |
| Media/Entertainment | $114,850 | $120,000 | $136,250 | * |
| Healthcare/Pharmaceuticals | $120,000 | $120,000 | $123,800 | $30,000 |
| Energy | $117,500 | $125,000 | $133,250 | * |
| Government | $72,750 | $95,000 | $110,000 | * |
| Nonprofit | * | * | * | * |
| Transportation | * | * | * | * |
| Law | * | * | * | * |
| Real Estate | * | * | * | * |
* insufficient data or data not published to maintain student privacy
Class of 2021 Full-Time Employment by Function
| Job Function | 25th Percentile | Median Base Salary | 75th Percentile | Median Signing Bonus |
|---|---|---|---|---|
| Consulting: External Consulting | $151,250 | $165,000 | $165,000 | $30,000 |
| Consulting: Internal Consulting/Strategy | $120,650 | $136,500 | $148,750 | $25,000 |
| Finance/Accounting | $120,000 | $145,000 | $150,000 | $47,500 |
| General Management | $120,000 | $124,250 | $130,000 | $40,000 |
| Marketing/Sales | $122,500 | $140,000 | $144,000 | $35,000 |
| Operations/Logistics | $90,000 | $120,000 | $130,000 | $30,000 |
| Other | $134,000 | $135,000 | $140,400 | * |
| Law | * | * | * | * |
* insufficient data or data not published to maintain student privacy
Hires by U.S. Regions
| Region | Salary |
|---|---|
| Northeast | $150,000 |
| West | $135,000 |
| Midwest | $132,500 |
| Mid-Atlantic | $132,250 |
| Southwest | $162,500 |
| South | $157,500 |
Hires by International Regions
| Region | Salary |
|---|---|
| Asia | $103,629 |
| Europe | $106,313 |
| South America | * |
| Central America and Caribbean | * |
| North Africa and Middle East | * |
| Canada | * |
| Africa | * |
* insufficient data or data not published to maintain student privacy
| 53 | 18% | |
|---|---|---|
| Company Sponsored | 23 | 7.4% |
| Continuing Education | 16 | 6.1% |
| Starting Own Business | 11 | 3.5% |
| Not Seeking, Other | 2 | 0.6% |
| Postponing Search | 1 | 0.3% |
| No Response | 3 | 1.0% |
Class of 2021 Notes
1. Compensation information is self reported. Of students reporting accepted offers, 93.4% included salary information.
2. Of those reporting salary information, 76.4% reported receiving a signing bonus and 8.4% reported receiving a guaranteed year-end bonus. In order to be noted in tables for Signing Bonus, function and industry must have at least 50% reporting signing bonus.
3. Of students reporting accepted offers, 99.6% included job industry and function and 97.5% of students included region.
4. “Other” function consists of Sustainability (0.8%), Information Technology (0.4%), Human Resources (0.4%), and Engineering (0.4%)
5. Two (2) additional full-time hiring firms in the Media/Entertainment industry and one (1) in the Healthcare industry are also registered nonprofit or not-for-profit organizations.
Internships: Class of 2022
| 25th Percentile | Median | 75th Percentile |
|---|---|---|
| $1,250 | $2,000 | $2,884 |
| Women | 39% |
|---|---|
| U.S. Students of Color † | 32% |
| Underrepresented U.S. Students of Color †† | 11% |
| International Passport Holders ††† | 40% |
| Median GMAT | 720 |
| Median Undergraduate GPA | 3.65 |
Note: at matriculation in fall 2020
†INCLUDES U.S. CITIZENS AND PERMANENT RESIDENTS WHO IDENTIFY AS ASIAN, BLACK, HISPANIC/LATINO, NATIVE AMERICAN/ISLANDER, OR MULTIETHNIC
††INCLUDES U.S. CITIZENS AND PERMANENT RESIDENTS WHO IDENTIFY AS BLACK, HISPANIC/LATINO, NATIVE AMERICAN/ISLANDER, OR MULTIETHNIC
†††INCLUDES U.S. PERMANENT RESIDENTS AND DUAL CITIZENS
Class of 2022 Internship Employment by Industry
| Industry | 25th Percentile | Median Weekly Salary | 75th Percentile |
|---|---|---|---|
| Finance: Investment Banking | $2,192 | $2,884 | $2,885 |
| Finance: Investment Management | $889 | $1,500 | $2,052 |
| Finance: Diversified Financial Services | $1,630 | $2,115 | $2,167 |
| Finance: Venture Capital | $1,040 | $1,186 | $1,494 |
| Finance: Private Equity | $1,120 | $1,250 | $2,885 |
| Consulting Services | $2,452 | $3,000 | $3,115 |
| Technology | $1,621 | $1,846 | $1,949 |
| Consumer Packaged Goods | $1,160 | $1,500 | $1,846 |
| Retail: E-commerce | $2,125 | $2,125 | $2,350 |
| Retail: Other | * | * | * |
| Nonprofit | $208 | $538 | $854 |
| Healthcare/Pharmaceuticals | $877 | $1,294 | $1,690 |
| Government | $715 | $775 | $893 |
| Media/Entertainment | $1,200 | $1,280 | $1,800 |
| Transportation | $1,213 | $1,568 | $1,689 |
| Manufacturing | $1,564 | $1,896 | $2,262 |
| Energy | $1,000 | $1,280 | $1,600 |
| Real Estate | * | * | * |
| Other | * | * | * |
| Hospitality | * | * | * |
* insufficient data or data not published to maintain student privacy
Class of 2022 Internship Employment by Function
| Function | 25th Percentile | Median Weekly Salary | 75th Percentile |
|---|---|---|---|
| External Consulting | $2,479 | $3,000 | $3,115 |
| Internal Consulting/Strategy | $744 | $1,280 | $1,848 |
| Finance/Accounting | $1,282 | $2,115 | $2,885 |
| Marketing/Sales | $1,150 | $1,779 | $2,046 |
| General Management | $1,038 | $1,775 | $2,125 |
| Operations/Logistics | $1,130 | $1,573 | $1,793 |
| Other | $369 | $1,700 | $2,115 |
| Sustainability | * | * | * |
| Information Technology | * | * | * |
| Research and Development | * | * | * |
* insufficient data or data not published to maintain student privacy
Internships by U.S. Regions
| Region | Salary |
|---|---|
| Northeast | $2,308 |
| West | $1,840 |
| Mid-Atlantic | $1,700 |
| Midwest | $1,840 |
| South | $2,800 |
| Southwest | $1,846 |
Non-US Internships by International Region
| Region | Salary |
|---|---|
| Asia | $1,126 |
| Europe | $2,193 |
| Canada | $2,823 |
| South America | * |
| Central America and Caribbean | * |
| North Africa and Middle East | * |
| Africa | * |
* insufficient data or data not published to maintain student privacy
| 23 | 6.5% | |
|---|---|---|
| Company Sponsored | 9 | 2.6% |
| Starting Own Business | 11 | 3.1% |
| Continuing Education | 3 | 0.9% |
| No Information | 2 | 0.6% |
Class of 2022 Notes
1. Compensation information is self reported. Of accepted offers, 92.5% included salary information. Of those, 6.6% reported receiving no salary. Salary data presented above represents students who reported salary information and were paid a salary. Of reported paid and unpaid salaries, 6.9% were expected to be supplemented by the Yale SOM Internship Fund, a donor-supported fund that provides financial support to students who pursue summer internships in the public or nonprofit sector. This funding is not included in the salaries presented above.
2. One hundred percent of accepted offers included job industry and job function; 98.0% of accepted job offers included job region.
3. “Other” industry consists of Law (0.3%), Human Capital/Org Development/Executive Search (0.3%),and Funeral Services (0.3%).
4. “Other” function consists of Social Impact (0.6%), Law (0.3%), Human Resources (0.3%), Healthcare (0.3%), Design (0.3%), and Real Estate (0.3%).
5. Of students accepting internships, 17 (5.1%) reported having multiple internships.
6. Of students accepting internships, 1 (0.3%) also reported starting their own venture.