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 2023
- International students received job offers at a rate similar to U.S. citizens and permanent residents, with 92.2% receiving an offer by three months after graduation.
| Dimension | Base Salary1 | Median | 75th Percentile | Other Guaranteed Compensation2 | Median Guaranteed |
|---|---|---|---|---|---|
| Group | 25th Percentile | Median | 75th Percentile | Median Signing Bonus | Median Guaranteed Year-End Bonus |
| All | $142,800 | $175,000 | $190,000 | $30,000 | $30,000 |
| U.S. Students and Permanent Residents | $142,800 | $175,000 | $190,000 | $30,000 | |
| International Students | $141,400 | $170,000 | $190,000 | $30,000 |
| Dimension | Percent |
|---|---|
| Women | 43% |
| U.S. Students of Color †† | 49% |
| Underrepresented U.S. Students of Color ††† | 20% |
| International Passport Holders †††† | 44% |
| Median GMAT | 730 |
| Median Undergraduate GPA | 3.69 |
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 Full-Time Employment by Industry [3]
| 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: Investment Management | $135,000 | $160,000 | $170,000 | * |
| Finance: Diversified Financial Services | $105,400 | $140,000 | $161,250 | $20,552 |
| Finance: Private Equity | $112,647 | $150,000 | $153,264 | * |
| Finance: Venture Capital | * | * | * | * |
| Technology | $145,250 | $166,500 | $170,000 | $35,000 |
| Retail: E-commerce | $142,800 | $157,100 | $169,100 | $75,550 |
| Retail: Other | * | * | * | * |
| Healthcare/Pharmaceuticals | $125,421 | $135,000 | $148,500 | $30,000 |
| Consumer Packaged Goods | $121,250 | $125,000 | $127,250 | $25,000 |
| Nonprofit (5) | $100,000 | $110,000 | $122,536 | * |
| Energy | $135,000 | $140,000 | $150,000 | * |
| Media/Entertainment | $140,000 | $140,000 | $165,000 | * |
| Law | * | * | * | * |
| Transportation | * | * | * | * |
| Manufacturing | * | * | * | * |
| Real Estate | * | * | * | * |
| Government | * | * | * | * |
* insufficient data or data not published to maintain student privacy
Class of 2023 Full-Time Employment by Function [3]
| Job Function | 25th Percentile | Median Base Salary1 | 75th Percentile | Median Signing Bonus2 |
|---|---|---|---|---|
| Consulting: External Consulting | $175,000 | $190,000 | $192,000 | $30,000 |
| Consulting: Internal Consulting/Strategy | $130,000 | $158,500 | $170,000 | $30,000 |
| Finance/Accounting | $140,000 | $170,000 | $175,000 | $50,000 |
| Marketing/Sales | $140,000 | $148,000 | $165,000 | $40,000 |
| General Management | $120,000 | $142,800 | $161,000 | $35,000 |
| Operations/Logistics | $126,250 | $130,000 | $145,000 | $10,000 |
| Other(4) | $104,538 | $171,050 | $215,000 | $25,000 |
* insufficient data or data not published to maintain student privacy
Employment by U.S. Regions [3]
| Region | Salary |
|---|---|
| Northeast | $175,000 |
| West | $168,000 |
| Mid-Atlantic | $187,500 |
| Southwest | $190,000 |
| Midwest | $192,000 |
| South | $190,000 |
Employment by International Regions [3]
| Region | Salary |
|---|---|
| Asia | $136,882 |
| Europe | $102,959 |
| Central America and Caribbean | * |
| Canada | * |
| MENA | * |
| South America | * |
* insufficient data or data not published to maintain student privacy
| Dimension | 35 | 10.4% |
|---|---|---|
| Company Sponsored | 16 | 4.8% |
| Starting Own Business | 10 | 3.0% |
| Continuing Education | 6 | 1.8% |
| Postponing Search | 2 | 0.6% |
| Not Seeking: Other | 1 | 0.3% |
| No Information | 7 | 2.1% |
Class of 2023 Notes
1. Compensation information is self reported. Of students reporting accepted offers, 96.2% included salary information.
2. Of those reporting salary information, 78.8% reported receiving a signing bonus and 7.2% 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; 98.1% of students reporting accepted offers included region.
4. “Other” function consists of Law (1.5%), Information Technology (1.1%), Real Estate (0.8%), Social Impact (0.4%), Human Resources (0.4%), Public Policy (0.4%), and Healthcare (0.4%). Please note that this year Sustainability as a function was incorporated into the General Management function.
5. Across all industries, 6.2% of accepted jobs were in nonprofit and not-for-profit organizations including ones that are reflected above in Consulting, Investment Management, Healthcare, and Media/Entertainment.
* Asterisk indicates insufficient data or data not published to maintain student privacy.
Internships: Class of 2024
| Group | 25th Percentile | Median | 75th Percentile |
|---|---|---|---|
| All | $1,596 | $2,321 | $3,365 |
| U.S. Students and Permanent Residents | $1,599 | $2,321 | $3,365 |
| International Students | $1,524 | $2,354 | $3,365 |
| Women | 43% |
| U.S. Students of Color †† | 54% |
| Underrepresented U.S. Students of Color ††† | 24% |
| LGBTQ+ | 12% |
| First Generation College Students | 17% |
| Joint Degree Students | 12% |
| International Passport Holders †††† | 48% |
| Median GMAT | 725 |
| Median Undergraduate GPA | 3.69 |
Note: at matriculation in fall 2022
† 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 2024 Internships by Industry [4]
| Industry | 25th Percentile | Median Weekly Salary2 | 75th Percentile |
|---|---|---|---|
| Consulting Services | $2,951 | $3,575 | $3,654 |
| Finance: Investment Banking | $3,245 | $3,365 | $3,365 |
| Finance: Venture Capital | $942 | $1,060 | $1,365 |
| Finance: Investment Management | $1,338 | $2,506 | $2,732 |
| Finance: Diversified Financial Services | $1,500 | $2,250 | $2,308 |
| Finance: Private Equity | $1,246 | $1,563 | $1,935 |
| Technology | $1,650 | $2,146 | $2,370 |
| Consumer Packaged Goods | $1,299 | $2,000 | $2,023 |
| Healthcare/Pharmaceuticals | $1,002 | $1,744 | $2,137 |
| Nonprofit | $450 | $680 | $980 |
| Retail: E-commerce | $2,314 | $2,451 | $2,715 |
| Retail: Other | * | * | * |
| Energy | $1,150 | $1,400 | $1,782 |
| Government | * | * | * |
| Media/Entertainment | * | * | * |
| Law | * | * | * |
| Transportation | * | * | * |
| Manufacturing | * | * | * |
| Real Estate | * | * | * |
| Human Capital/Org Development/Executive Search | * | * | * |
* insufficient data or data not published to maintain student privacy
Class of 2024 Internships by Function [4]
| Function | 25th Percentile | Median Weekly Salary | 75th Percentile |
|---|---|---|---|
| Consulting: External Consulting | $3,000 | $3,600 | $3,654 |
| Consulting: Internal Consulting/Strategy | $1,166 | $1,637 | $2,184 |
| Finance/Accounting | $1,434 | $2,685 | $3,365 |
| Marketing/Sales | $1,600 | $2,000 | $2,220 |
| General Management | $1,190 | $1,569 | $2,019 |
| Operations/Logistics | $1,199 | $1,400 | $1,800 |
| Other5 | $1,269 | $1,720 | $2,585 |
* insufficient data or data not published to maintain student privacy
Internships by U.S. Regions [4]
| Region | Salary |
|---|---|
| Northeast | $2,638 |
| West | $2,160 |
| Southwest | $2,712 |
| Midwest | $2,158 |
| Mid-Atlantic | $3,255 |
| South | $1,602 |
Non-U.S. Internships by International Region [4]
| Region | Salary |
|---|---|
| Asia | $2,098 |
| Canada | * |
| Europe | * |
| Middle East/North Africa | * |
| Africa | * |
| South America | * |
| Mexico | * |
* insufficient data or data not published to maintain student privacy
| Dimension | 28 | 8.3% |
|---|---|---|
| Starting Own Business2 | 12 | 3.5% |
| Company Sponsored | 9 | 2.7% |
| Continuing Education | 6 | 1.8% |
| Other | 1 | 0.3% |
| No Information | 4 | 1.2% |
Class of 2024 Notes
1. Of students accepting internships, 6 (2.0%) 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, 95.2% included salary information. Of those, 8.1% 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, 9.1% 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 reported internship salaries, 4.7% 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; 96.8% included job region; 1.9% of internships were reported as being fully remote.
5. “Other” function consists of Law (1.6%), Information Technology (1.3%), Research & Development (1.0%), Real Estate (0.6%), Healthcare (0.6%), Human Resources (0.3%), and Engineering (0.3%).
6. Across all industries, 8.0% of accepted internships were in nonprofit and not-for-profit organizations including ones that are reflected above in Consulting, Finance, and Healthcare.
* Asterisk indicates insufficient data or data not published to maintain student privacy.
