For the third consecutive year, more than 95 percent of the graduating class secured offers within three months after graduation.
Tuck graduates remain in high demand at top firms around the world. Employment data for the Tuck class of 2023, released today, affirms this fact.
For the third consecutive year—and ninth out of the last 10—95 percent or more of the latest Tuck graduates received a job offer within three months after graduation. The only year in the last decade that did not eclipse the 95 percent mark came in 2020, at the height of the pandemic, when 94 percent of the graduating class secured offers within three months. Among the class of 2023, 96 percent of Tuck graduates received an offer within three months after graduation and 93 percent accepted an offer in the same time frame. For international graduates seeking employment, 98 percent received an offer and 95 percent accepted.
No matter their post-MBA path, Tuck MBAs have a high likelihood of success.
— Stephen Pidgeon T’07, Executive Director, Tuck Career Services
“These healthy employment numbers are a testament to the strong combination of skills—coveted by top companies in every industry—that Tuck graduates offer. No matter their post-MBA path, Tuck MBAs have a high likelihood of success,” says Stephen Pidgeon T’07, executive director of Career Services. “These outcomes are also a testament to our tremendous and experienced team of career advisors, the dedicated Tuck alumni network, and the entire class of 2023—who showed up and supported one another in their recruiting journeys.”
The top industries for graduates were consulting at 46 percent; financial services at 23 percent—up from 20 percent for the class of 2022; and technology at 14 percent—up from 11 percent a year ago. Following the top three industries were health care/pharma/biotech and consumer goods/retail, both at 6 percent for the class.
Tuck MBAs not only continue to be highly sought across industries, but highly valued. Compensation reported by the latest graduating class was extremely competitive, sustaining school records for median starting base salary and total compensation. For the class of 2023, median starting base salary was $175,000 and median signing bonus was $30,000—combining for a median total compensation of $205,000. Eighty-three percent of graduates reported receiving a signing bonus.
Median starting salaries across the four top industries were strong, with several seeing sizable increases over the previous year. The median starting base salary in the top industry, consulting, rose to $190,000 in 2023, up from $175,000 in 2022. Tech increased to $160,500, up from $140,000 a year ago, with salaries also rising in health care/pharma/biotech and consumer goods/retail. Financial services remained robust, with a median starting salary of $175,000, matching last year.
The median starting base salary in the top industry, consulting, rose to $190,000 in 2023, up from $175,000 in 2022.
“It’s not uncommon for our team to hear from recruiters that they would specifically like to hire a Tuck MBA, and that’s apparent when you see the strong offers our graduates receive year in and year out,” Pidgeon says. “Companies understand the knowledge and expertise Tuck graduates will bring to their offices and they don’t want to miss the opportunity to hire a rising, collaborative talent.”