2021 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 2021: Full-Time Job Offers and Acceptances

Of the 278 Two-Year MBA graduates in the class of 2021, 259 were seeking full-time employment. Almost the entire class—95 percent—obtained a job within three months of graduation. Graduates with US work authorization received a slightly higher percentage of offers at 98 percent, while non-US work authorization graduates received a slightly lower percentage of offers at 93 percent.

97%

RECEIVED OFFERS

as reported by class of 2021 job-seekers three months after graduation

98%

US WORK AUTHORIZED

graduates received an offer within three months of graduation

93%

NON-US WORK AUTHORIZED

graduates received an offer within three months of graduation

95%

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

89%

NON-US WORK AUTHORIZED

graduates accepted an offer within three months of graduation


Two-Year Class of 2021: Average Base Salary

The Two-Year MBA class of 2021 saw their average base salary increase compared to graduates in the class of 2020. US work authorized graduates earned slightly more than the average at $141,379 and non-US work authorized graduates earned slightly less than the average at $133,173.

139,121

AVERAGE BASE SALARY

Class of 2021

141,397

US WORK AUTHORIZED

average base salary

133,173

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

IndustryAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Financial services$147,396$150,000$110,000 - $175,00036%
Consulting$148,389$155,000$82,000 - $170,00027%
Technology$132,084$130,000$100,000 - $160,00017%
Consumer products$116,667$110,000$100,000 - $135,0006%
Manufacturing$123,600$125,000$109,000 - $150,0005%
Healthcare$121,639$122,250$100,392 - $140,0004%
Energy/Utilities$111,667$105,000$100,000 - $130,0001%
Real estate$112,333$102,000$95,000 - $140,0001%
Other*N/A**N/AN/A3%

*Other includes: Entertainment/Media, government, human resources, non-profit, and retail

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


Salary by US Region

The Northeast region employed half of the Two-Year Johnson graduates with the second highest average base salary. The Southwest region had the highest average base salary, 2 percent more than the Northeast.

US RegionAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Northeast$144,098$150,000$82,000 - $175,00051%
West$132,935$131,250$95,000 - $160,00013%
Midwest$133,978$130,000$110,000 - $165,0009%
Southwest$147,647$150,000$100,000 - $170,0007%
Mid-Atlantic$141,875$145,000$110,000 - $175,0004%
South$133,750$132,000$105,000 - $165,0003%

Average Base Salary by Job Function

Johnson’s strengths in finance and consulting are evidenced with over one-third of the class of 2021 hired into finance/investment banking and almost another third of the class going into consulting.

Job FunctionAverage
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Consulting$148,052$155,000$82,000 - $170,00029%
Investment Banking$156,571$150,000$125,000 - $175,00025%
Management$126,243$125,000$60,000 - $160,00019%
Finance$125,833$125,000$102,000 - $150,00012%
Marketing$117,047$115,000$100,000 - $135,0008%
Operations/Logistics$125,143$130,000$100,000 - $140,0003%
Information/Technology$113,333$115,000$100,000 - $125,0002%
Other*$133,556$142,000$105,224 - $145,0002%

*Other includes: Engineering, human resources, and legal

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 Banking37%
Investment Banking$156,571$150,000 $125,000 - $175,00025%
Accounting, Auditing, Corporate Finance$124,735$120,000 $105,000 - $140,0008%
Asset Management$130,714 $125,000 $125,000 - $150,0003%
Other Finance$120,667$110,000$102,000 - $150,0001%
Management19%
General, Rotational/Development Program$122,204$125,000 $60,000 - $155,00012%
Product Management$136,554 $134,000 $113,000 - $160,0006%
Project Management$121,667 $130,000 $95,000 - $140,0001%

Two-Year Class of 2021: Signing Bonus Data

The Two-Year MBA class of 2021 saw their average signing bonus increase by 4 percent compared to graduates in the Class of 2020. Non-US work authorized graduates received a slightly higher than average signing bonus at $43,208 and US work authorized graduates received a slightly lower than average signing bonus at $35,925.

37,684

AVERAGE SIGNING BONUS

reported by the Two-Year MBA class of 2021

4%

INCREASE IN AVERAGE SIGNING BONUS

compared to the class of 2020

35,925

US WORK AUTHORIZED

average signing bonus

43,208

NON-US WORK AUTHORIZED

average signing bonus


Two-Year Class of 2021: Top Hiring Companies

In total, 233 companies recruited Two-Year MBAs for either full-time employment or internships during the 2020–2021 academic year. The list below represents the top 15 companies that hired Two-Year MBA class of 2021 graduates for full-time positions.

Altman_Solon_Logo
Amazon logo
American Express
Bain and Company Logo
bankofamerica-300x300
Citi logo
Corning Logo
deloitte-logo-300x300
Deutsche Bank logo
ernst-young-ey-logo-png-transparent
evercore_logo-300x300
JP Morgan logo
Mckinsey & Company logo
PWC Logo
Tata_Consultancy_Services_Logo

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