Full-Time MBA class profile, job statistics
Members of the Kelley MBA class of 2022 found positions in every industry—with higher average and median salaries across the board.
Internships and other opportunities leave students confident in career choices
Before our students even arrive, we begin working with them to take a deep dive into the experiences, values and strengths that define their personal brand. For career changers, the possibilities are exciting. For all of our students, the experiential learning offered through our industry-informed academies, internships, networking opportunities with recruiters and alumni, and clubs leave them exceptionally well-prepared to begin their careers—and employers know.
The data below provides more information about class demographics, historical compensation trends, and compensation by function and geographic region.
MBA Class of 2022
| Demographic | Statistic |
|---|---|
| Class size | 92 |
| Women | 35% |
| Minority groups: Hispanic/Latino, Black/African American, American Indian or Alaskan Native, Hawaiian/Pacific Islander, Asian American, or multiracial | 29% |
| Historically underrepresented minority groups: Hispanic/Latino, Black/African American, American Indian or Alaskan Native, Native Hawaiian/Pacific Islander, or multiracial | 10% |
| International | 23% |
| Average age | 29 |
| Average years of full-time employment experience | 5.5 |
| Average GMAT score | 652 |
| GPA and GMAT | Breakdown |
|---|---|
| Average GPA | 3.32 |
| Percent with undergraduate GPA 3.5 or higher | 37% |
| Percent with undergraduate GPA between 3.0–3.49 | 46% |
| Percent with undergraduate GPA between 2.5–2.99 | 16% |
| Average GMAT score | 652 |
| Percent with GMAT scores 700 or higher | 34% |
| Percent with GMAT scores between 600–699 | 51% |
| Percent with GMAT scores between 500–599 | 15% |
| Major | Percentage |
|---|---|
| Business Administration | 37% |
| Social Sciences and Humanities | 30% |
| Science and Engineering | 28% |
| Other | 4% |
| Geographic Area | Percentage |
|---|---|
| Midwest | 22% |
| Northeast/Mid-Atlantic | 18% |
| West/Southwest | 24% |
| South/Possessions | 13% |
| International | 23% |
Compensation summary for full-time employment
| Year | Median Base Salary | Median Signing Bonus |
|---|---|---|
| 2022 | $130,000 | $30,000 |
| 2021 | $120,000 | $30,000 |
| 2020 | $119,000 | $25,000 |
| 2019 | $107,000 | $25,000 |
| Function | Percentage Accepting New Jobs | Base Salary (Median) | Base Salary (Range) |
|---|---|---|---|
| Consulting | 34% | $165,000 | $80,000–$175,000 |
| Finance/Accounting | 12% | $130,000 | $82,500–$175,000 |
| General Management | 13% | $125,000 | $102,000–$140,000 |
| Human Resources | 1% | I/D | I/D |
| Marketing/Sales | 28% | $120,000 | $95,000–$140,000 |
| Operations/Logistics | 6% | $120,400 | $65,000–$175,000 |
| Other | 6% | $122,000 | $115,000–$175,000 |
| Total | 100% |
Preliminary data as of 9/15/2022
| Industry | Percentage Accepting New Jobs | Base Salary (Median) | Base Salary (Range) |
|---|---|---|---|
| Consulting | 29% | $165,000 | $80,000–$175,000 |
| Consumer Packaged Goods | 13% | $120,000 | $110,000–$127,000 |
| Energy | 1% | I/D | I/D |
| Financial Services | 18% | $130,000 | $82,500–$175,000 |
| Healthcare | 4% | $125,000 | $123,000–$130,000 |
| Hospitality | 3% | I/D | I/D |
| Manufacturing | 9% | $103,500 | $85,000–$123,493 |
| Retail | 4% | I/D | I/D |
| Technology | 13% | $126,700 | $120,000–$140,000 |
| Transportation & Logistics Services | 3% | I/D | I/D |
| *Other Services | 4% | I/D | I/D |
| Total | 100% |
Preliminary data as of 9/15/2022
*includes Government, Media/Entertainment, Real Estate
| Geographic Region | Percentage Accepting New Jobs | Base Salary (Median) | Base Salary (Range) |
|---|---|---|---|
| International | 1% | I/D | I/D |
| Mid-Atlantic | 3% | I/D | I/D |
| Midwest | 55% | $125,000 | $65,000–$175,000 |
| Northeast | 9% | $175,000 | $130,000–$175,000 |
| South | 9% | $117,500 | $115,000–$147,550 |
| Southwest | 11% | $142,900 | $120,000–$175,000 |
| West | 12% | $136,300 | $132,600–$140,000 |
| Total | 100% |
Preliminary data as of 9/15/2022
Finding your career fit
Watch the video to see how Me, Inc. and Graduate Career Services helped Caroline Jansen, MBA'17, start a new career as a consultant.
Description of the video:
Caroline Jansen, Full-Time MBA student:Before my MBA, I was a financial analyst at Intel. I decided to pursue my MBA here at Kelley because I wanted to do a career switch and move into consumer marketing. During Me, Inc., we were always able to talk with each other and talk with the career coaches.
I found that I really like change and always like to be doing something different. And so, for me, at the end of Me, Inc., I was already questioning consumer marketing at that point. But I had gone through the interview process and had been accepted into consumer marketing, so I said, "Let's just go with it." So I did my first day with consumer marketing. I realized from that moment, the first day in that classroom, that consumer marketing wasn't going to be for me.
I had written all my essays and everything about moving to consumer marketing, and then now I'm not going to do that. So it was definitely a panicky moment. I sat down with Graduate Career Services and my career coach a couple times and then said, "This isn't the right feeling for me. "I don't know what I should do." And so, it was at a career night, they told me to go talk to other companies, kind of see if one of them seemed to fit me better.
I really like to be autonomous in my work. I don't like the idea of micromanagement. When I started networking with the consulting companies at those events, that's where I really realized these are the people that fit me best, these are the roles that fit me best, and this is what I really see myself doing. Once I was able to identify the right path and really start the focus on consulting, I feel more confident, and I know this is what I want, and I'm really able to express that, and I think that's really been helpful and has allowed me to land offers.