Skip to main content

Employment Report 2025-26

Despite all the news of economic volatility and disruption from AI, employers continue to seek out MBA talent. Yale MBA students have leveraged this demand to find meaningful opportunities across diverse industries that match their professional goals and aspirations.

Abigail Kies, Assistant Dean of Career Development

Full-Time: Class of 2025

Received offer by three months post-graduation
82.1%
Median salary
$175K

A Yale MBA prepares you to be a leader who makes a real difference in the world. Students secure roles in which they have an impact across industries and sectors.

Overall Salary Data
Base Salary1 Other Guaranteed Compensation2
Group 25th Percentile Median 75th Percentile Median Signing Bonus Median Guaranteed Year-End Bonus
All $140,000 $175,000 $190,000 $30,000 $40,000
U.S. Students and Permanent Residents $140,000 $175,000 $190,000 $30,000
International Students $132,500 $175,000 $190,000 $30,000
Organizations that Hired the Most SOM Graduates in 2025
  • Amazon.com, Inc.

  • Bain & Company, Inc.

  • Bank of America Corporation

  • Barclays PLC

  • The Boston Consulting Group, Inc.

  • Citigroup Inc.

  • Deloitte Consulting LLP

  • EY-Parthenon

  • International Business Machines Corporation

  • JPMorgan Chase & Co.

  • McKinsey & Company

  • Microsoft Corporation

  • The Goldman Sachs Group, Inc.

121

unique employers hired members of the Class of 2025. These firms ranged from startups to boutique consultancies to the biggest companies in the world.

I believe technology has the power to improve the human condition. As a business leader, I want to lead the technological investment and implementation that will drive human progress. In my time here, I’ve been able to speak with countless second-year students, alumni, guest speakers, professors, and staff to gain better understanding of the opportunities out there and the role I want to play.

A person wearing a blue button-down shirt smiling in front of a glass wall

Yale SOM prepares leaders for careers that have many chapters—that’s why I chose Yale, and it has turned out to be so valuable. I’ve worked in the private, public, and nonprofit sectors, and I don’t think I’m done yet.

Mary Ellen Iskenderian posing for a professional photo with arms crossed

Follow the Yale SOM career story…


…at Yale SOM: recruiting, learning, finding the right role   
Recruiting Journeys

…after graduation: the first job, having an impact, finding meaning   
Following Up

…over a lifetime: deepening impact, leading organizations, starting something new   
Alumni Profiles

Class of 2025 Full-Time Employment by Industry [3]

More SOM students accepted their first role in consulting than in any other industry, but that category contains striking variety. Students accepted consulting roles that focus on the nonprofit industry, healthcare, and strategy among many other fields. Further career diversity that doesn’t appear in the top-line numbers includes students who pursued impact roles across industries and the 22 graduates who started their own ventures.

MBA Employment by Industry
Salary Data by Industry
Industry 25th Percentile Median Base Salary1 75th Percentile Median Signing Bonus2
Consulting Services $175,000 $190,000 $192,000 $30,000
Finance: Investment Banking $175,000 $175,000 $175,000 $50,000
Finance: Diversified Financial Services $130,000 $130,000 $172,500 *
Finance: Investment Management $126,250 $140,000 $168,750 *
Finance: Venture Capital * * * *
Finance: Private Equity * * * *
Technology $124,950 $138,200 $165,750 $35,000
Healthcare/Pharmaceuticals $139,000 $140,000 $149,750 *
eCommerce $135,900 $142,400 $150,375 $82,900
Retail * * * *
Energy $138,549 $155,000 $160,000 *
Nonprofit * * * *
Consumer Packaged Goods $120,000 $127,000 $132,000 *
Transportation $130,000 $150,000 $150,000 *
Media/Entertainment * * * *
Manufacturing * * * *
Government * * * *
Law * * * *
Real Estate * * * *
Hospitality * * * *

* insufficient data or data not published to maintain student privacy

Class of 2025 Full-Time Employment by Function [3]

MBA Employment by Function
Salary Data by Function
Job Function 25th Percentile Median Base Salary1 75th Percentile Median Signing Bonus2
Consulting: External Consulting $175,000 $190,000 $192,000 $30,000
Internal Consulting/Strategy $130,375 $150,000 $162,000 *
Finance/Accounting $157,500 $175,000 $175,000 $50,000
Marketing/Sales $121,250 $131,500 $144,750 $30,000
General Management $130,000 $140,000 $142,800 $32,500
Information Technology $124,800 $130,000 $150,000 *
Operations/Logistics * * * *
Law * * * *
Social Impact * * * *
Human Resources * * * *
Real Estate * * * *

* insufficient data or data not published to maintain student privacy

Employment by U.S. Regions [3]

MBA Employment by U.S. Region
Full-time employment within the U.S.
92.4%
Median base salary
$175K
Median Base Salary by Region [1]
Region Salary
Northeast $175,000
West $158,000
Mid-Atlantic $175,000
Midwest $155,000
Southwest $190,000
South $167,500

Employment by International Regions [3]

MBA Employment by International Region
International full-time employment
7.6%
Median base salary for international employment
$127K
Median Base Salary by Region [1]
Region Salary
Asia $90,000
Central America and the Caribbean *
Canada *
Europe *
MENA *
Australia *

* insufficient data or data not published to maintain student privacy

Class of 2025 Notes

1. Compensation information is self-reported. Of students reporting accepted offers, 91.8% included salary information.

2. Of those reporting salary information, 71.1% reported receiving a signing bonus and 5.5% 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% of students reporting signing bonus.

3. 99.5% of students reporting accepted offers included job industry, 98.2% included function, and 95.9% of students reporting accepted offers included region.

* Asterisk indicates insufficient data or data not published to maintain student privacy.

Internships: Class of 2026

Accepted job offers [1]
100%
Class size
343

Students use their summer internships to explore an industry of interest, connect with a firm they’re interested in, and clarify their career path.

Weekly Salary [2]
Group 25th Percentile Median 75th Percentile
All $1,523 $2,360 $3,365
U.S. Students and Permanent Residents $1,615 $2,308 $3,433
International Students $1,500 $2,645 $3,365

7

students spent their summers working on their own start-ups, and 26 additional students worked at start-ups founded by others.

The Finance Club played a huge role in my preparation for my internship, providing a highly structured process that guided us through each step of recruiting. Second-year students were incredibly generous with their time and support, offering technical training and mock interview prep as well as providing encouragement and mental wellness check-ins along the way. SOM’s extensive network, with strong alumni connections across investment banks, gave me access to valuable insights and relationships that greatly enhanced my readiness for the internship.

Sarah Zhang Headshot

Class of 2026 Internships by Industry [3]

MBA Internship by Industry
Internship Salary Data by Industry [2]
Industry 25th Percentile Median Weekly Salary 3 75th Percentile
Consulting Services $3,231 $3,625 $3,653
Finance: Investment Banking $3,365 $3,365 $3,365
Finance: Investment Management $1,300 $1,500 $2,173
Finance: Diversified Financial Services $932 $1,488 $1,700
Finance: Private Equity $1,299 $1,627 $2,458
Finance: Venture Capital $965 $1,000 $1,476
Technology $1,770 $2,000 $2,360
Nonprofit $333 $1,000 $1,400
Healthcare/Pharmaceuticals $1,281 $1,865 $2,098
Retail: eCommerce $2,334 $2,404 $2,764
Retail: Other * * *
Consumer Packaged Goods $1,577 $2,000 $2,123
Real Estate $218 $500 $960
Media/Entertainment $788 $1,240 $1,800
Transportation $1,662 $1,731 $2,200
Manufacturing * * *
Energy * * *
Government * * *
Law * * *
Other * * *

* insufficient data or data not published to maintain student privacy

Class of 2026 Internships by Function [3]

MBA Internship by Function
Internship Salary Data by Function [2]
Function 25th Percentile Median Weekly Salary 75th Percentile
External Consulting $3,277 $3,635 $3,653
Internal Consulting/Strategy $823 $1,640 $2,012
Finance/Accounting $1,351 $2,700 $3,365
Marketing/Sales $1,615 $2,000 $2,212
General Management $1,725 $2,158 $2,710
Operations/Logistics $1,633 $2,333 $2,354
Information Technology $1,431 $1,920 $2,180
Other 4 $1,178 $1,396 $1,698

* insufficient data or data not published to maintain student privacy

Internships by U.S. Regions [3]

MBA Internships by U.S. Region
Internships within the U.S.
90.5%
Median weekly salary for U.S. internships
$2,570
Median Weekly Salary by Region [2]
Region Salary
Northeast $2,885
West $2,165
Midwest $2,273
Mid-Atlantic $3,365
Southwest $3,365
South $2,579

Non-U.S. Internships by International Region [3]

MBA Internships by International Region
Internships outside the U.S.
9.5%
Median weekly salary for international internships
$1,512
Median Weekly Salary by Region [2]
Region Salary
Asia $1,707
Europe $977
Africa *
South America *
Canada *
Mexico *
Middle East/North Africa *

* insufficient data or data not published to maintain student privacy

Class of 2026 Internship Notes

1. Of students accepting internships, 8 (2.5%) reported having multiple internships.

2. Compensation information is self-reported. Of accepted offers, 96.0% included salary information. Of those, 11.7% 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, 7.8% 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. 6.8% of internship salaries 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.

3. 99.4% of students reporting accepted offers included job industry, 99.1% included job function, and 97.8% included job region. Of all internships, 28.3% were reported as being either partially or fully remote.

4. “Other” function consists of real estate (1.9%), research and development (0.9%), social impact (0.9%), human resources (0.3%), healthcare (0.3%), and law (0.3%).

5. Across all industries, 9.4% of accepted internships were in non-profit and not-for-profit organizations including ones that are reflected above in finance, government, healthcare, media/entertainment, technology and transportation.

* Asterisk indicates insufficient data or data not published to maintain student privacy.