2018 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. Compare and research to see the data for the industries that interest you.

October 23, 2018

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Industry	Percent of Hires	Number of Hires	Minimum Salary ¹	Maximum Salary ¹	Median Salary ¹	Median Sign-On ^1,2,3
Agribusiness	0.9%	4	Insufficient data(1)	NA	NA	NA
Consulting	31.0%	145	$53,000	$170,000	$150,000	$25,000
Consumer Products ³	4.3%	20	$103,000	$138,000	$115,000	$25,000
Education/Government/Nonprofit	0.6%	3	Insufficient data(1)	NA	NA	NA
Energy	1.5%	7	$115,000	$150,000	$120,000	$25,000
Financial Services	31.6%	148	$55,000	$250,000	$125,000	$40,000
Commercial Banking	0.2%	1	Insufficient data(1)	NA	NA	NA
Diversified Financial Services	6.4%	30	$70,000	$150,000	$125,000	$40,000
Insurance ³	0.6%	3	Insufficient data¹
Investment Banking/Brokerage	10.5%	49	$100,000	$150,000	$125,000	$50,000
Investment Management/Research ⁴	5.6%	26	$55,000	$250,000	$140,000	$33,500
Private Equity	5.6%	26	$95,000	$225,000	$150,000
Venture Capital ³	2.8%	13	$75,000	$200,000	$126,000
Healthcare Products and Services ^3,5	2.1%	10	$115,000	$150,000	$125,000	$20,000
Manufacturing/Chemicals/Plastics	0.9%	4	Insufficient data(1)	NA	NA	NA
Media/Entertainment/Sports	1.7%	8	$100,000	$125,000	$125,000	$25,000
Real Estate ³	1.7%	8	$70,000	$130,000	$96,000	$22,500
Retail	0.9%	4	Insufficient data(1)
Technology	20.3%	95	$80,000	$170,000	$130,000	$35,000
eCommerce and Internet ³	10.7%	50	$100,000	$170,000	$130,000	$50,000
Financial Technology	1.5%	7	$110,000	$150,000	$140,000	$12,500
Hardware ³	1.9%	9	$80,000	$147,000	$135,000	$30,000
Software ³	5.6%	26	$114,000	$145,000	$130,000
Telecommunications	0.6%	3	Insufficient data ¹
Transportation Services Equipment	1.9%	9	$105,000	$125,000	$115,000
Other	0.6%	3	Insufficient data ¹
All	100.0%	468	$53,000	$250,000	$130,000	$25,000

(1)	Compensation information is self-reported. 91% 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 industry reported a bonus. Overall, 63% of accepted offers reported a sign-on bonus.
(3)	Accepted offers in these industries include graduates working at start-ups: Consumer Products (1), Financial Services - Insurance (1), Financial Services - Venture Capital (1), Healthcare Products and Services (1), Real Estate (2), Technology - eCommerce and Internet (2), Technology - Financial Technology (1), Technology - Hardware (2), and Technology - Software (4). In total, 3.2% of accepted offers for the Class of 2018 were with start-ups. For base salary, the minimum was $70,000, the maximum was $150,000, and the median was $114,375.
(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.

2018 New Hires by Industry: Full-Time

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