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 2022
- International students received job offers as a rate similar to U.S. citizens and permanent residents, with 98.5% receiving an offer by three months after graduation.
| Base Salary1 | Other Guaranteed Compensation2 | ||||
|---|---|---|---|---|---|
| Group | 25th Percentile | Median | 75th Percentile | Median Signing Bonus | Median Guaranteed Year-End Bonus |
| All | $130,000 | $160,110 | $175,000 | $30,000 | $20,000 |
| US/PR | $130,000 | $165,000 | $175,000 | $30,000 | |
| International | $129,059 | $151,595 | $170,000 | $30,000 |
| Women | 39% |
| U.S. Students of Color †† | 44% |
| Underrepresented U.S. Students of Color ††† | 15% |
| International Passport Holders †††† | 40% |
| Average GMAT | 720 |
| Average Undergraduate GPA | 3.62 |
Note: at matriculation in fall 2020
† All U.S. race/ethnicity data is shown as a percentage of U.S. citizens and permanent residents.
†† Students who identify as American Indian, Alaska Native, Native Hawaiian, Other Pacific Islander, Asian American, Black/African American or Hispanic/Latinx.
††† Students who identify as American Indian, Alaska Native, Native Hawaiian, Other Pacific Islander, Black/African American or Hispanic/ Latinx.
†††† Includes U.S. Permanent Residents and dual citizens
Class of 2022 Full-Time Employment by Industry [3]
| Industry | 25th Percentile | Median Base Salary 1 | 75th Percentile | Median Signing Bonus 2 |
|---|---|---|---|---|
| Consulting Services | $160,000 | $175,000 | $190,000 | $30,000 |
| Finance: Investment Banking | $175,000 | $175,000 | $175,000 | $50,000 |
| Finance: Investment Management | $125,000 | $140,000 | $153,750 | * |
| Finance: Diversified Financial Services | $124,750 | $133,500 | $146,000 | $30,000 |
| Finance: Venture Capital | $114,000 | $128,000 | $141,250 | * |
| Finance: Private Equity | $145,000 | $150,000 | $185,000 | * |
| Technology | $136,000 | $146,000 | $165,000 | $25,000 |
| Retail: eCommerce | $132,600 | $142,000 | $155,528 | $75,150 |
| Retail: Other | * | * | * | * |
| Consumer Packaged Goods | $108,000 | $112,000 | $120,000 | $27,500 |
| Healthcare/Pharmaceuticals | $130,000 | $134,000 | $135,000 | $32,500 |
| Real Estate | $105,000 | $122,500 | $128,750 | * |
| Nonprofit5 | $115,000 | $120,000 | $120,000 | * |
| Energy | * | * | * | * |
| Manufacturing | * | * | * | * |
| Government | * | * | * | * |
| Transportation | * | * | * | * |
| Media/Entertainment | * | * | * | * |
| Hospitality | * | * | * | * |
| Human Capital/Org Development/Executive Search | * | * | * | * |
* insufficient data or data not published to maintain student privacy
Class of 2022 Full-Time Employment by Function [3]
| Job Function | 25th Percentile | Median Base Salary1 | 75th Percentile | Median Signing Bonus2 |
|---|---|---|---|---|
| Consulting: External Consulting | $160,000 | $175,000 | $190,000 | $30,000 |
| Consulting: Internal Consulting/Strategy | $120,050 | $140,000 | $165,000 | $25,000 |
| Finance/Accounting | $129,250 | $152,000 | $175,000 | $50,000 |
| Marketing/Sales | $120,000 | $134,000 | $145,000 | $35,000 |
| General Management | $120,315 | $133,000 | $145,000 | * |
| Operations/Logistics | $126,000 | $132,600 | $136,000 | $40,000 |
| Other4 | $100,000 | $120,000 | $125,000 | * |
| Sustainability | $130,000 | $150,000 | $160,000 | * |
* insufficient data or data not published to maintain student privacy
Employment by U.S. Regions [3]
| Region | Salary |
|---|---|
| Northeast | $165,000 |
| West | $165,000 |
| Mid-Atlantic | $155,000 |
| Midwest | $150,000 |
| Southwest | $142,000 |
| South | $160,000 |
Employment by International Regions [3]
| Region | Salary |
|---|---|
| Asia | $116,631 |
| Europe | * |
| Central America and Caribbean | * |
| Canada | * |
| South America | * |
| North Africa and Middle East | * |
| Africa | * |
* insufficient data or data not published to maintain student privacy
| 40 | 12.2% | |
|---|---|---|
| Company Sponsored | 20 | 6.1% |
| Starting Own Business | 15 | 4.6% |
| Continuing Education | 5 | 1.5% |
Class of 2022 Notes
1. Compensation information is self reported. Of students reporting accepted offers, 95.4% included salary information.
2. Of those reporting salary information, 82.1% reported receiving a signing bonus and 6.0% 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. One hundred percent of students reporting accepted offers included job industry and function. Of students reporting accepted offers, 98.8% included region.
4. “Other” function consists of Information Technology (0.8%), Real Estate (0.8%), Law (0.4%), and Social Impact (0.4%).
5. Across all industries, 4.2% of accepted jobs were in nonprofit organizations including ones that are reflected above in Consulting, Investment Management, Media/Entertainment, and Technology.
* Asterisk indicates insufficient data or data not published to maintain student privacy.
Internships: Class of 2023
| Group | 25th Percentile | Median | 75th Percentile |
|---|---|---|---|
| All | $1,443 | $2,289 | $3,346 |
| US/PR | $1,534 | $2,331 | $3,346 |
| International | $1,373 | $2,168 | $3,323 |
| Women | 43% |
| U.S. Students of Color †† | 49% |
| Underrepresented U.S. Students of Color ††† | 20% |
| LGBTQ+ | 9% |
| First Generation College Students | 9% |
| Joint Degree Students | 9% |
| International Passport Holders †††† | 44% |
| Average GMAT | 726 |
| Average Undergraduate GPA | 3.66 |
Note: at matriculation in fall 2021
† All U.S. race/ethnicity data is shown as a percentage of U.S. citizens and permanent residents.
†† Students who identify as American Indian, Alaska Native, Native Hawaiian, Other Pacific Islander, Asian American, Black/African American or Hispanic/Latinx.
††† Students who identify as American Indian, Alaska Native, Native Hawaiian, Other Pacific Islander, Black/African American or Hispanic/ Latinx.
†††† Includes U.S. Permanent Residents and dual citizens
Class of 2023 Internships by Industry [4]
| Industry | 25th Percentile | Median Weekly Salary2 | 75th Percentile |
|---|---|---|---|
| Consulting Services | $2,981 | $3,346 | $3,365 |
| Finance: Investment Banking | $3,067 | $3,365 | $3,365 |
| Finance: Venture Capital | $894 | $1,269 | $1,807 |
| Finance: Investment Management | $1,158 | $1,362 | $2,495 |
| Finance: Private Equity | $476 | $715 | $942 |
| Finance: Diversified Financial Services | $1,252 | $1,705 | $2,450 |
| Retail: eCommerce | $2,168 | $2,168 | $2,289 |
| Technology | $1,892 | $2,192 | $2,540 |
| Healthcare/Pharmaceuticals | $1,385 | $1,680 | $2,088 |
| Nonprofit | $738 | $923 | $1,000 |
| Media/Entertainment | $1,134 | $1,400 | $1,665 |
| Consumer Packaged Goods | $1,325 | $1,758 | $1,952 |
| Manufacturing | $840 | $2,308 | $2,308 |
| Government | $825 | $825 | $825 |
| Transportation | $1,038 | $1,481 | $1,660 |
| Energy | $1,351 | $1,850 | $2,000 |
| Real Estate | * | * | * |
| Law | * | * | * |
| Hospitality | * | * | * |
* insufficient data or data not published to maintain student privacy
Class of 2023 Internships by Function [4]
| Function | 25th Percentile | Median Weekly Salary | 75th Percentile |
|---|---|---|---|
| Consulting: External Consulting | $2,990 | $3,346 | $3,365 |
| Consulting: Internal Consulting/Strategy | $923 | $1,400 | $2,140 |
| Finance/Accounting | $1,338 | $2,168 | $3,365 |
| Marketing/Sales | $1,405 | $2,000 | $2,168 |
| General Management | $962 | $2,030 | $2,168 |
| Operations/Logistics | $1,481 | $2,200 | $2,289 |
| Other5 | $950 | $1,663 | $2,262 |
* insufficient data or data not published to maintain student privacy
Internships by U.S. Regions [4]
| Region | Salary |
|---|---|
| Northeast | $2,600 |
| West | $2,168 |
| Midwest | $2,404 |
| Mid-Atlantic | $2,284 |
| Southwest | $2,942 |
| South | $3,346 |
Non-U.S. Internships by International Region [4]
| Region | Salary |
|---|---|
| Asia | $1,211 |
| Mexico | $2,736 |
| Europe | * |
| Canada | * |
| Africa | * |
| South America | * |
| Middle East/North Africa | * |
| Central America | * |
* insufficient data or data not published to maintain student privacy
| 15 | 4.3% | |
|---|---|---|
| Starting Own Business2 | 6 | 1.7% |
| Continuing Education | 6 | 1.7% |
| Company Sponsored | 3 | 0.9% |
Class of 2023 Notes
1. Of students accepting internships, 9 (2.7%) reported having multiple internships.
2. Of students accepting internships, 1 (0.3%) also reported starting their own venture
3. Compensation information is self reported. Of accepted offers, 95.9% included salary information. Of those, 1.5% 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, 5.4% 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. Of all internship salaries, 1.5% were expected to be supplemented by funds from the Small Business Internship Program (SBIP), a special fund for students exploring opportunities in for-profit small businesses.
4. One hundred percent of accepted offers included job industry and job function. Of students reporting accepted job offers, 99.1% included job region.
5. “Other” function consists of Information Technology (0.9%), Law (0.6%), Sustainability (0.6%), Human Resources (0.3%), Buyer/Merchandising (0.3%), Research & Development (0.3%), Real Estate (0.3%), and Social Impact (0.3%).
6. Across all industries, 5.8 % of accepted internships were in nonprofit organizations including ones that are reflected above in Healthcare, Investment Management, and Consulting.
* Asterisk indicates insufficient data or data not published to maintain student privacy.
