2022 Employment Report Data


See how the Cornell MBA drives your potential earnings and career opportunities. The data below details the compensation, locations, companies, industry sectors, and job functions of recent graduates.


Two-Year Cornell MBA Class of 2022: Full-Time Job Offers and Acceptances

Of the 276 Two-Year MBA graduates in the class of 2022, 259 were seeking full-time employment. Almost the entire class—96 percent—obtained a job within three months of graduation. Graduates with US work authorization received a slightly higher percentage of offers at 97 percent, while non-US work authorization graduates received a slightly lower percentage of offers at 94 percent.

97%

RECEIVED OFFERS

as reported by class of 2022 job-seekers three months after graduation

99%

US WORK AUTHORIZED

graduates received an offer within three months of graduation

94%

NON-US WORK AUTHORIZED

graduates received an offer within three months of graduation

96%

ACCEPTED OFFERS

within three months of graduating from the Two-Year MBA program

97%

US WORK AUTHORIZED

graduates accepted an offer within three months of graduation

94%

NON-US WORK AUTHORIZED

graduates accepted an offer within three months of graduation


Two-Year Class of 2022: Average Base Salary

The Two-Year MBA class of 2022 saw their average base salary increase compared to graduates in the class of 2021. US work authorized graduates earned slightly less than the average at $154,853 and non-US work authorized graduates earned slightly more than the average at $155,427.

$155,048

AVERAGE BASE SALARY

Class of 2022

11%

INCREASE IN AVERAGE BASE SALARY

compared to the class of 2021

$154,853

US WORK AUTHORIZED

average base salary

$155,427

NON-US WORK AUTHORIZED

average base salary


Salary Data

Interested in how average base salary changes by location, industry, or job function? Take a look below.

Salary by Industry

Over a third of Johnson graduates are employed in the financial services industry which has the third highest average base salary. Almost a third of graduates are employed in consulting, which has the second highest average base salary of all industries. The technology industry rounds out the top three industries with just under one-fifth of the graduating class.

IndustryAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Financial services$161,563$175,000$70,150 - $200,00039%
Consulting$167,648$175,000$100,000 - $192,00030%
Technology$137,274$135,000$110,000 - $160,11015%
Consumer products$119,682$120,000$109,000 - $130,0005%
Manufacturing$131,125$135,000$111,000 - $140,0003%
Law/Legal Services$211,667$215,000$205,000 - $215,0001%
Other*N/A**N/AN/A7%

*Other includes: Construction, energy/utilities, entertainment/media, non-profit, real estate, telecommunications, and transportation/logistics

**N/A: less than 3 data points available (necessary to maintain student anonymity)


Salary By World Region

Ninety-six percent of the class of 2022 found employment in North America. The remaining four percent were spread out across the world.

World RegionAverage Base SalaryMedian Base SalarySalary RangePercent Employed
North America$157,400$170,000$95,000 - $215,00096%
Asia, Central America and the Caribbean, European Free Trade Zone$114,450$114,500$100,000 - $127,7004%

Salary by US Region

The vast majority of the class of 2022, 91 percent, remained in the US for work. The Northeast region employed half of the Two-Year Johnson MBA graduates with the second highest average base salary. The Midwest region had the highest average base salary which was two percent more than the Northeast.

US RegionAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Northeast$159,670$175,000$95,000 - $215,00050%
West$147,649$135,000$120,000 - $190,00016%
Midwest$162,318$175,000$111,000 - $215,00010%
Mid-Atlantic$157,875$175,000$110,000 - $190,0006%
Southwest$157,875$162,500$120,000 - $190,0006%
South$149,167$152,500$100,000 - $190,0002%

Average Base Salary by Job Function

Johnson’s strengths in finance and consulting are evidenced with over 40 percent of the class of 2022 hired into finance/investment banking and another third of the class hired into consulting.

Job FunctionAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Consulting$164,793$175,000$95,000 - $192,00033%
Investment Banking$174,921$175,000$150,000 - $200,00026%
Finance$127,718$125,000$70,150 - $155,00014%
Marketing$131,470$131,000$109,000 - $160,11012%
Management$130,930$133,000$60,000 - $154,04310%
Other*$182,000$184,500$133,000 - $215,0005%

*Other includes: Human resources, information/technology, and operations/logistics

A detailed breakdown for the Finance and Investment Banking and Management industries is below:

Detailed Job FunctionAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Finance & Investment Banking40%
Investment Banking$174,921$175,000$150,000 - $200,00026%
Accounting, Auditing, Corporate Finance$125,140$125,000$111,000 - $145,0007%
Equity Research$130,000$120,000 $115,000 - $155,0001%
Other Finance$131,500$133,500$100,000 - $150,0006%
Management10%
General, Rotational/Development Program, Strategic Planning$129,912$132,800$60,000 - $154,0438%
Project/ Program Management$133,750$133,750$110,000 - $150,0002%

Two-Year Class of 2022: Signing Bonus Data

The Two-Year MBA class of 2022 saw their average signing bonus increase by two percent compared to graduates in the class of 2021. US work authorized graduates received a slightly higher than average signing bonus at $38,892 and non-US work authorized graduates received a slightly lower than average signing bonus at $37,121.

$38,310

AVERAGE SIGNING BONUS

reported by the Two-Year MBA class of 2022

2%

INCREASE IN AVERAGE SIGNING BONUS

compared to the class of 2021

$38,892

US WORK AUTHORIZED

average signing bonus

$37,121

NON-US WORK AUTHORIZED

average signing bonus


Two-Year Class of 2022: Top Hiring Companies

In total, 112 companies recruited Two-Year MBAs for either full-time employment or internships during the 2021–2022 academic year. The list below represents the top 15 companies that hired Two-Year MBA class of 2022 graduates for full-time positions.

Amazon logo
Bain and Company Logo
bankofamerica-300×300
Boston Consulting Group logo
Citi logo
Corning Logo
Credit Suisse Logo
ernst-young-ey-logo-png-transparent
Goldman Sachs
Guggenheim logo
Jeffries logo
JP Morgan logo
Mckinsey & Company logo
Microsoft logo
PWC Logo

Ready to See Where the Cornell Two-Year MBA Could Take You?