2013 New Hires by Function: Full-Time

Chicago Booth students are making bold moves across a variety of functions.

September 16, 2013


Function Percent
of Hires
Number
of Hires 1
Minimum
Salary 2
Maximum
Salary 2
Median
Salary 2
Median
Sign-On 1,2,3
Advertising/Communications 0.2% 1 Insufficient
data1
Total 69.1% 472 $44,400 $250,000 $115,000 $25,000


(1) Compensation information is self-reported. Of students reporting accepted offers, 88 percent included salary information. Insufficient data indicates less than 1 percent reporting for all accepted offers and/or less than 50 percent with salary information.
(2) To be noted in this table, at least 50 percent of accepted offers in this function reported a bonus. Overall, 60 percent of accepted offers reported a sign-on bonus.
(3) In addition to base salary and sign-on bonus, 11 percent 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).
(4) Accepted offers in these functions include graduates working at startups: Business Development (7), Finance - Company Finance (Analysis/Treasury) (2), Finance - Investment Management/Research (1), Finance - Private Equity (1), General Management (2), Marketing - Brand/Product Management (3), Product Development (1), Strategic Planning (1). In total, 3.8 percent of accepted offers for the Class of 2013 were with startups. For base salary, the minimum was $50,000, the maximum was $200,000, and the median was $89,000.