Tuck’s 2022 Employment Report: Salary Reaches Record High

According to data released today, median total compensation for the class of 2022 surged to $205,000, soundly eclipsing the previous record of $180,000. The median starting base salary rose to $175,000—up from $150,000 a year ago—and the median signing bonus remained steady at $30,000 with 93 percent of the class receiving a sign-on bonus.

Thanks to Tuck’s rigorous curriculum, Tuck students graduate prepared to make an impact at the firms they join. Top companies around the world recognize that, says Stephen Pidgeon T’07, executive director of career services. The robust offers received by graduates in the class of 2022 are a testament to the work they put in during their two years at Tuck, setting themselves up for great success.

Of the most recent class, 98 percent received a job offer within three months of graduation, and 96 percent accepted offers within the same timeframe. Among international Tuck graduates seeking employment, 98 percent received offers within three months and 98 percent accepted offers.

The top industries for graduates were consulting, financial services, technology, and the triplet of health care, biotech, and pharma. Forty-seven percent of the graduating class secured roles in consulting, 20 percent in finance, 11 percent in technology, and nine percent in health care/biotech/pharma. Median base salaries rose for graduates across those top four broad industries when compared to Tuck’s 2021 employment data.

During times of uncertainty, such as we have had in recent years, you need leaders in your organization that can balance their hard skills with a healthy level of empathy and an ability to thrive in teams, Pidgeon says. Tuck MBAs can, by and large, be plugged into any group environment and find success because they are adept at creating spaces where people can bring their best selves to the table. This makes them essential to not only the top consulting firms in the world but top companies in any industry.

Complete employment data for the class of 2022 can be found here.