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.
| Industry | Average Base Salary | Median Base Salary | Salary Range | Percent Employed |
|---|---|---|---|---|
| Financial services | $161,563 | $175,000 | $70,150 - $200,000 | 39% |
| Consulting | $167,648 | $175,000 | $100,000 - $192,000 | 30% |
| Technology | $137,274 | $135,000 | $110,000 - $160,110 | 15% |
| Consumer products | $119,682 | $120,000 | $109,000 - $130,000 | 5% |
| Manufacturing | $131,125 | $135,000 | $111,000 - $140,000 | 3% |
| Law/Legal Services | $211,667 | $215,000 | $205,000 - $215,000 | 1% |
| Other* | N/A** | N/A | N/A | 7% |
*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 Region | Average Base Salary | Median Base Salary | Salary Range | Percent Employed |
|---|---|---|---|---|
| North America | $157,400 | $170,000 | $95,000 - $215,000 | 96% |
| Asia, Central America and the Caribbean, European Free Trade Zone | $114,450 | $114,500 | $100,000 - $127,700 | 4% |
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 Region | Average Base Salary | Median Base Salary | Salary Range | Percent Employed |
|---|---|---|---|---|
| Northeast | $159,670 | $175,000 | $95,000 - $215,000 | 50% |
| West | $147,649 | $135,000 | $120,000 - $190,000 | 16% |
| Midwest | $162,318 | $175,000 | $111,000 - $215,000 | 10% |
| Mid-Atlantic | $157,875 | $175,000 | $110,000 - $190,000 | 6% |
| Southwest | $157,875 | $162,500 | $120,000 - $190,000 | 6% |
| South | $149,167 | $152,500 | $100,000 - $190,000 | 2% |
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 Function | Average Base Salary | Median Base Salary | Salary Range | Percent Employed |
|---|---|---|---|---|
| Consulting | $164,793 | $175,000 | $95,000 - $192,000 | 33% |
| Investment Banking | $174,921 | $175,000 | $150,000 - $200,000 | 26% |
| Finance | $127,718 | $125,000 | $70,150 - $155,000 | 14% |
| Marketing | $131,470 | $131,000 | $109,000 - $160,110 | 12% |
| Management | $130,930 | $133,000 | $60,000 - $154,043 | 10% |
| Other* | $182,000 | $184,500 | $133,000 - $215,000 | 5% |
*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 Function | Average Base Salary | Median Base Salary | Salary Range | Percent Employed |
|---|---|---|---|---|
| Finance & Investment Banking | 40% | |||
| Investment Banking | $174,921 | $175,000 | $150,000 - $200,000 | 26% |
| Accounting, Auditing, Corporate Finance | $125,140 | $125,000 | $111,000 - $145,000 | 7% |
| Equity Research | $130,000 | $120,000 | $115,000 - $155,000 | 1% |
| Other Finance | $131,500 | $133,500 | $100,000 - $150,000 | 6% |
| Management | 10% | |||
| General, Rotational/Development Program, Strategic Planning | $129,912 | $132,800 | $60,000 - $154,043 | 8% |
| Project/ Program Management | $133,750 | $133,750 | $110,000 - $150,000 | 2% |
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.
