The University of Chicago Booth School of Business
Full-Time
Intern
Function: Full-Time
September 12, 2012
Download 2012 Full Report
Top Five Functions: Full-Time
New Hires by Function:
2012
Full-Time
2012
2011
2010
2009
2008
2007
Function
Percent
of Hires
Number
of Hires
Minimum
Salary
(1)
Maximum
Salary
(1)
Median
Salary
(1)
Median
Sign-On
(1,2,3)
Business Development
2.8%
13
$60,000
$138,000
$110,000
$15,000
Consulting
30.5%
142
$70,000
$150,000
$135,000
$20,000
Finance
48.6%
226
$55,000
$240,000
$100,000
$40,000
Commercial Banking/Lending
1.1%
5
$100,000
$130,000
$100,000
$25,000
Company Finance (Analysis/Treasury)
5.6%
26
$55,000
$130,000
$100,000
$20,000
Investment Banking
17.6%
82
$100,000
$140,000
$100,000
$40,000
Investment Management/Research
9.5%
44
$75,000
$135,000
$100,000
Mergers & Acquisitions within a Company
1.3%
6
$100,000
$120,000
$100,000
$20,000
Private Client Services
1.1%
5
$100,000
$126,000
$100,000
$40,000
Private Equity
5.6%
26
$95,000
$240,000
$125,000
Real Estate
0.9%
4
Insufficient Data
(1)
Sales & Trading
3.9%
18
$100,000
$125,000
$100,000
$40,000
Venture Capital
1.1%
5
$107,000
$175,000
$126,500
Other
1.1%
5
Insufficient Data
(1)
General Management
6.5%
30
$78,000
$130,000
$115,000
$20,000
Marketing
6.5%
30
$90,000
$125,760
$100,000
$22,000
Operations
1.1%
5
$85,000
$120,000
$115,000
Strategic Planning
2.2%
10
$50,000
$125,000
$106,000
Other
1.9%
9
Insufficient Data
(1)
Total
100.0%
465
$50,000
$240,000
$115,000
$25,000
(1)
Compensation information is self-reported. Eighty-eight percent of students reporting accepted offers included salary information.
Insufficient data
indicates less than 1% reporting for all accepted offers and/or less than 50% with salary information.
(2)
To be noted in this table, at least 50% of accepted offers in this function reported a bonus. Overall, 62% of accepted offers reported a sign-on bonus.
(3)
In addition to base salary and sign-on bonus, 13% of students received other guaranteed compensation with a median of $27,500. Other guaranteed compensation includes guaranteed year-end bonuses and excludes perquisites (e.g., tuition reimbursements, relocation, automobile) and variable compensation (e.g., performance bonuses, stock options).