US Region | Average Base Salary | Percent Employed |
Northeast | $144,565 | 50% |
West | $135,158 | 15% |
Midwest | $131,087 | 11% |
Southwest | $134,158 | 9% |
South | $136,214 | 7% |
Mid-Atlantic | $148,300 | 5% |
2020 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 Class of 2020: Full-time job offers and acceptances
Of the 280 Two-Year MBA graduates in the Class of 2020, 259 were seeking full-time employment. The figures below represent job offers and acceptances based on graduates who were seeking full-time job opportunities.


Two-Year Class of 2020: Base salary
The Two-Year MBA Class of 2020 saw their average base salary increase by six percent compared to graduates in the Class of 2019.


Salary data
Interested in how average base salary changes by location, industry, or job function? Take a look below.
Average base salary by US Region
The Northeast region employs half of Johnson graduates with the second highest average base salary. The Mid-Atlantic region employs the least number of graduates and has the highest average base salary, $3,735 more than the Northeast.

Average base salary by industry
Over a third of Johnson graduates are employed in the financial services industry which has the second highest average base salary. Almost a third of graduates are employed in consulting, which has the highest average base salary–almost $15,000 more than financial services.
Industry | Average Base Salary | Percent Employed |
Financial Services | $139,752 | 34% |
Consulting | $154,608 | 30% |
Technology | $128,656 | 16% |
Consumer Products | $113,404 | 10% |
Healthcare* | $123,200 | 3% |
Energy/Utilities | N/A | 1% |
Entertainment/Media | N/A | 1% |
Law or Legal | $193,333 | 1% |
Manufacturing | N/A | 1% |
Non-Profit/Other** | N/A | 1% |
Real Estate | N/A | 1% |
Retail | $118,333 | 1% |
*Healthcare includes: Medical Services and Pharmaceuticals
**Non-Profit/Other includes: Entertainment/Media, Hospitality/Tourism, Retail, and Transportation/Logistics
Average base salary by job function
Johnson’s strengths in finance and consulting are evidenced by over one-third of the Class of 2020 going into finance and almost another third of the class going into consulting.
Function | Average Base Salary | Percent Employed |
Finance | $139,769 | 35% |
Investment Banking | $147,826 | 22% |
Corporate Finance | $123,333 | 6% |
Asset Management | $129,234 | 5% |
Private Equity | N/A | 1% |
Real Estate | N/A | 1% |
Other* | N/A | 1% |
Consulting | $154,337 | 30% |
General Management | $128,068 | 21% |
Marketing | $107,595 | 9% |
Other* | $145,625 | 4% |
Human Resources | $116,667 | 1% |
*Other includes: Engineering/Technical, Economic Analysis/Research, and Legal
Two-Year Class of 2020: Signing bonus data
The Two-Year MBA Class of 2020 saw their average signing bonus remain flat compared to graduates in the Class of 2019.



Average signing bonus by job function
Johnson’s strength in finance is proven again with higher than average signing bonuses in investment banking and asset management.
Function | Average Signing Bonus | Percent Employed |
Consulting | $31,081 | 30% |
Finance | $45,383 | 34% |
Asset Management | $41,875 | 5% |
Corporate Finance | $29,500 | 6% |
Investment Banking | $51,672 | 22% |
Other* | N/A | <1% |
Private Equity | N/A | <1% |
Real Estate | N/A | <1% |
Human Resources | $26,667 | 1% |
Management | $37,488 | 21% |
Marketing | $28,465 | 9% |
Other* | $15,000 | 4% |
*Other includes: Entertainment/Media, Hospitality/Tourism, Retail, and Transportation/Logistics
Two-Year Class of 2020: Top hiring companies
In total, 233 companies recruited Two-Year MBAs for either full-time employment or internships during the 2019–2020 academic year. The list below represents the top 15 companies that hired Two-Year MBA Class of 2020 graduates for full-time positions.














