2016 New Hires by Function: Full-Time

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

September 12, 2016


Function Percent
of Hires
Number
of Hires 1
Minimum
Salary 2
Maximum
Salary 2
Median
Salary 2
Median Sign-On 1,2,3
Finance 37.5% 184 $60,000 $215,000 $125,000 $40,000
Marketing 7.9% 39 $80,000 $135,000 $105,000 $20,000
Product Management (Tech) 5.1% 25 $100,000 $151,000 $135,000 $32,000
Other 1.2% 6 Insufficient data1
Total 100.0% 491 $60,000 $215,000 $125,000 $25,000


(1) Compensation information is self-reported. 90 percent of students reporting accepted offers included salary information. Insufficient data indicates less than 1 percent reporting for all accepted offers and/or less than 50% 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% of accepted offers reported a sign-on bonus.
(3) In addition to base salary and sign-on bonus, 16 percent of students received other guaranteed compensation with a median of $25,000. 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: Analytics/Data Science (1), Business Development (4), Finance - Other (1), General Management (3), Sales (1), and Operations - Production/Supply Chain Mgmt/Logistics (3). In total, 2.6 percent of accepted offers for the Class of 2016 were with startups. For base salary, the minimum was $85,000, the maximum was $144,383, and the median was $119,000.