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Part-Time MBA Industry and Salary

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Evening MBA and Weekend MBA students at Chicago Booth go on to work in industries ranging from consulting and financial services to health care and technology.

Explore our most recent industry and Part-Time MBA salary data to learn more about what our students do after graduation.

Industry Percent of Employed Students(1) Number of Employed Students(1) Minimum Salary(2) Maximum Salary(2) Median Salary(2) Median Sign-on(2,3)
Advertising/Marketing Services/Communications 0.6% 2 Insufficient Data(2)
Aerospace/Aviation
 1.2% 4 $95,000  $160,000 $152,500 Insufficient Data(2)
Agribusiness 0.3% 1 Insufficient Data(2)
Arts/Media/Entertainment 0.3% 1 Insufficient Data(2)
Automotive/Transportation Equipment
 1.5% 5 Insufficient Data(2)      
Consulting 16.7% 55 $100,000 $220,000 $182,500 $30,000
Consumer Products 3.0% 10 $120,000 $300,000 $145,500 Insufficient Data(2)

Consumer Goods

 1.2% 4 120,000  $246,000  $183,000 Insufficient Data(2)

Food/Beverage/Tobacco

 1.8% 6 $127,000 $260,000 $145,000 Insufficient Data(2)
Education/Government/Non-Profit 7.9%% 26 $59,000 $212,000 $134,250  Insufficient Data(2)

         Education

 3.0%  10 $59,000 $170,000 $129,250 Insufficient Data(2)

         Government - Federal

 0.9% 3 Insufficient Data(2)      

         Government - State &                Local

 0.9% 3 Insufficient Data      

         Non-Profit

 3.0% 10 $105,000 $212,000 $142,000 Insufficient Data(2)
Employment/Executive Search 0.6% 2 Insufficient Data(2)      
Energy 2.4% 8 $110,000
 $212,000  $174,000 Insufficient Data(2)

Clean Tech/Renewables

 1.2% 4 $167,078  $212,000 $177,000 Insufficient Data(2)

Oil & Gas

 0.6% 2 Insufficient Data(2)

Utilities

 0.6% 2 Insufficient Data(2) 
Financial Services 26.7% 88 $88,000 $325,000  $175,000  Insufficient Data(2)

Diversified Financial Services

 7.9% 26 $110,000
 $325,000  $175,000  Insufficient Data(2)

Hedge Funds 

 0.9% 3 $200,000  $300,000 $250,000 Insufficient Data(2)

Insurance

 2.4% 8 $180,000
  $275,000 $190,000 Insufficient Data(2)

Investment Banking/Brokerage

 4.5% 15 $100,000 $200,000 $175,000 $50,000

Investment Management/Research

 7.9% 26 $88.000 $235,000 $157,500 Insufficient Data(2)

Private Equity

 1.8% 6 $140,000
 $273,000 $175,000 Insufficient Data(2)

Venture Capital

 1.2% 4 $150,000 $170,000 $160,000 Insufficient Data(2)
Healthcare 8.8% 29 $102,000
  $400,000 $170,000  Insufficient Data(2)

Biotech & Life Sciences

 0.9% 3 Insufficient Data(2)

 Healthcare Services

  3.9% 13 $102,000 $400,000 $209,000 Insufficient Data(2)

Healthcare Products/Medical Devices

 2.4% 8 $115,000
  $225,000 $140,000  Insufficient Data(2)

Healthtech/Telemedicine

 0.6% 2 Insufficient Data(2)

Pharmaceutical Products

 0.9% 3 Insufficient Data(2)
Hospitality 0.3%  1  Insufficient Data(2)
Import/Export/Trading Companies
 0.3% 1 Insufficient Data(2)
Law 0.3% 1 Insufficient Data(2)
Manufacturing 7.9% 26 $70,000  $208,000 $133,000 Insufficient Data(2)

         Chemicals/Plastics

 1.5% 5 Insufficient Data(2)

         Manufacturing 

 6.4% 21  $70,000 $208,000 $126,500 Insufficient Data(2)
Other Services 1.2% 4 $170,000  $175,000  $172,500 Insufficient Data(2)
Printing/Publishing 0.6% 2 Insufficient Data(2)
Real Estate 2.4% 8 $95,000
 $215,000 $160,000  Insufficient Data(2)
Recreation/Leisure/Sports 0.5% 2 Insufficient Data(2)
Retail 1.2% 4 $109,160 $153,000  $145,000 Insufficient Data(2)
Technology 15.5% 51 $81,200 $323,000 $165,000 Insufficient Data(2)

eCommerce and Internet

 4.5% 15 $115,000 $200,000 $166,950 Insufficient Data(2)

Financial Technology

 2.4% 8 $145,000 $210,000 $168,000 Insufficient Data(2)

Hardware

 2.1% 7 Insufficient Data(2)

Software

 3.3% 11 $81,200 $285,000  $165,000 Insufficient Data(2)

Technology Services

 1.8% 6 Insufficient Data(2)


Telecommunications

 1.2% 4 $90,000  $323,100 $132,500 Insufficient Data(2)
Transportation Services 0.3% 1 Insufficient Data(2)
All 100.0% 330 $59,000 $400,000 $165,000 $30,000
  1. Of the 349 graduates with employment information available, 330 had employment statuses that allowed more detailed analysis employment data. Of these, 69.4% of positions included salary information.  The function, industry, and location statistics throughout this report are based on the responses of those 330 graduates. 
  2. Compensation information is self-reported.  Insufficient Data indicates that fewer than 1% of the graduates reported employment and/or less than 50% with salary information in a given industry.
  3. Overall, 24.8% of graduates reported receiving a sign-on bonus. Sign-on bonus is also listed by industry if more than 50% of the jobs in that industry reported a bonus.

Source for all data: 2023 Evening MBA and Weekend MBA Employment Report

About the Data

When Evening MBA and Weekend MBA students choose to leverage their MBA for a career change varies. To account for this, the report tracks career changes four months prior to and four months following graduation.

The 2023 Employment Report had a 98 percent response rate. Among respondents, 28 percent reported that they were not seeking a career change and stayed in their current position or left the workforce.


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