Columbia Business School, MBA Employment Report - Salaries Columbia Graduates Earn Post-MBA
The median base salary remained at a constant $125,000 for three years before seeing a 4% increase in the year 2018. The subsequent batch saw a significant rise, at 15%.
Planning on taking the GMAT or the GRE? Read this Important COVID-19 Update
The median signing bonus for all years seems to rest at about a fifth of the median base salary. The guaranteed compensation is comparable to the signing bonus, except in the year 2019, where the median guaranteed compensation was 66% more than the median signing bonus.
Columbia Business School, MBA Employment Report - Management Consulting, Investment Banking and Private Equity Top Paying Roles At Columbia Business School
Management Consulting pays the highest median base salary in 2019, which is matched by Investment Banking and Private Equity. It is worthy to note that this ‘highest’ median base salary is the same amount as the median base salary of the entire 2019 batch.
The batch of 2018 saw the highest median base salary across the five years at $160,000 for a Private Equity role. However, only 4% of the class opted for this role. Consulting and Financial Services remain the top preferences for CBS students, making up for more than half the class hires across all 5 years.
Columbia Business School, MBA Employment Report - Function Wise Hiring Trends Over 5 Years
What are the types of roles that CBS graduates generally prefer to go for post-MBA? Which are the most sought-after and least sought-after domains for CBS MBA graduates?
The graph below helps us visualise trends in hiring at CBS for major business and management related domains - Consulting, Finance (Internal), Financial Services, Management, Marketing, and Real Estate. All other functional domains are clubbed under ‘Other’.
Have you read: Revealed - The Staggering Salaries Recent Stanford MBA Grads Report Earning In A Year
Columbia Business School, MBA Employment Report - Industry Wise Salary Statistics Over 5 Years
The highest paying role remains with the Finance industry, especially in Private Equity and Other Financial Services. Consulting too holds a high position amongst Industries with high median base salaries.
Just like in the domain wise distribution of salaries, even among industries Consulting and Financial Services emerge as the most popular, offering high salary packages.
The lowest median base salaries offered was for the functional domain of ‘Education/Government/Non-Profit’, at $65,000 in the year 2018. That is half the median base salary of the entire batch of 2018.
FinTech appears to pay a median base salary comparable to that of the entire class in 2019. However, no data is available for this industry prior to 2019. Notably, only 1.2% of the 2019 class took up FinTech roles.
Columbia Business School, MBA Employment Report - Industry Wise Hiring Trends Over 5 Years
The graph below helps us visualise the industry wise trends in hiring at CBS. Consulting, Financial Services, Manufacturing and Media/Technology. All other industries including Education, Government, Non-Profit, etc. have been put together under ‘Other’.
Liked This Report? Then You'll Also Want To Read:
- Wharton MBA Grads Prefer Consulting Roles Over Others | Employment Report - 5 Year Analysis
- Harvard Business School - Top Salaries And Final Placements - 5 Year Analysis
- Top Fifty Business Schools In The World In 2020 - Financial Times, QS Rankings
- Employment Report - Harvard, Wharton, Stanford, Columbia, MIT Sloan - Class of 2019
Comments
Nabeel Bhattacharya
How did you find all this information?
6 Apr 2020, 10.57 PM