2017 New Hires by Industry: Full-Time

From technology and consulting to nonprofit and real estate, Chicago Booth students have questions to ask and waves to make in every industry.

September 11, 2017

Industry	Percent of Hires	Number of Hires ¹	Minimum Salary ¹	Maximum Salary ¹	Median Salary ¹	Median Sign-On ^1,2,3
Agribusiness	1.2%	6	$110,000	$120,000	$120,000	$40,000
Consulting	32.6%	160	$90,000	$175,000	$147,000	$25,000
Consumer Products	5.3%	26	$100,000	$155,000	$105,000	$25,000
Education/Government/Nonprofit	1.4%	7	$85,000	$116,000	$99,750
Energy	0.8%	4	Insufficient data⁴
Financial Services	29.9%	147	$75,000	$225,000	$125,000	$40,000
Diversified Financial Services	3.9%	19	$105,000	$125,000	$125,000	$40,000
Insurance	0.4%	2	Insufficient data⁴
Investment Banking/Brokerage	13.6%	67	$90,000	$167,600	$125,000	$40,000
Investment Management/Research ⁴	5.5%	27	$85,000	$175,000	$135,000	$30,000
Private Equity	4.7%	23	$75,000	$225,000	$120,000
Venture Capital	1.8%	9	$96,000	$145,000	$115,000
Healthcare Products and Services ⁵	2.9%	14	$65,000	$192,000	$115,000	$17,500
Manufacturing/Chemicals/Plastics	2.0%	10	$92,000	$115,000	$110,000	$20,000
Media/Entertainment/Sports	1.0%	5	$125,000	$135,000	$130,000
Retail	1.8%	9	$90,000	$120,000	$105,000	$15,000
Technology	18.7%	92	$70,000	$152,000	$125,000	$25,000
eCommerce and Internet	9.4%	46	$70,000	$152,000	$120,000	$25,500
Financial Technology	0.6%	3	Insufficient data¹
Hardware	3.9%	19	$70,000	$150,000	$137,000	$25,000
Services	0.2%	1	Insufficient data¹
Software	4.3%	21	$114,000	$150,000	$130,000	$25,000
Telecommunications	0.4%	2	Insufficient data ¹
Transportation Services Equipment	1.2%	6	$91,200	$105,500	$100,500
Other	1.0%	5	Insufficient data ¹
Total	100.0%	491	$65,000	$225,000	$125,000	$25,000

(1)	Compensation information is self-reported. 89 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 percent with salary information.
(2)	To be noted in this table, at least 50 percent of accepted offers in this industry reported a bonus. Overall, 63 percent 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)	Investment Management/Research also includes Mutual Funds and Hedge Funds.
(5)	Healthcare Products and Services includes Biotech & Life Sciences, Healthcare Products/Medical Devices, Healthcare Services, and Pharmaceutical Products.