Gather key insights from our recent graduates as we take a deep dive into the employment data from the Class of 2024.
- By
- May 02, 2025
- Career Impact
In this blog, we will discuss key data points from our latest employment report relating to salary, top function and industry pursuits, regions where Boothies landed after graduation, major employers of Booth talent, and more. Here are our key takeaways from the Class of 2024 employment report:
Our Full-Time MBA Employment Report offers valuable information about internship and full-time job opportunities Booth students secure during their MBA journey up to three months post-MBA. Within the employment report, you can find detailed information about roles Boothies secure in terms of function, industry, location, employer, salary, and more.
Roughly eighty percent of graduates from the Class of 2024 sought employment upon completing their MBA experience. Of those seeking employment, nearly 9/10 students secured their roles before or within three months of graduation. Of those not seeking employment, a majority of students were either sponsored or looking to pursue an entrepreneurial career post-graduation (check out more on Boothies pursuing entrepreneurship here). FreshX, a supply chain software startup, is one example of an early-stage company launched by graduates from the Class of 2024. With entrepreneurship being one of the most popular and highly sought after concentrations at Booth, we continue providing resources that equip our students with the knowledge, network, and other necessary tools to confidently pursue their careers in entrepreneurship, along with any other field our students decide to pursue.
On trend with recent years, more than half of companies hiring Booth graduates hired three or more Boothies to join their teams; furthermore, 21 companies hired four or more graduates from the Class of 2024. These companies include firms like Boston Consulting Group, McKinsey, Bain, Amazon, Goldman Sachs, JP Morgan Chase, amongst many others. Additionally, 73.3 percent of graduates credited Booth-facilitated connections for helping them secure their positions. Through campus recruiting, summer employment opportunities, job board access, networking events, and more we ensure our students are well-supported throughout their MBA journey and long after graduation.
In terms of salary, Class of 2024 graduates saw a median base salary of $175,000 at their new roles, with a median sign-on bonus of $31,000, bringing their pay packages to $200K-plus on average. Our 2024 grads reported higher starting salaries and bonuses than the majority of leading business schools. What’s more, according to Financial Times, Booth MBAs three years post-graduation are among the top four programs with the highest earning power, averaging a salary of $236,089, which represents a 121% increase over pre-MBA salary.
With the fastest growing industries being in data-heavy fields such as big data, fintech, and machine learning (according to the 2025 World Economic Forum Job Report), our MBAs are positioned to continue demonstrating high success and job security. Chicago Booth’s data-driven curriculum, enriching research centers, and joint-degree program offerings in areas like computer science, data science, and more, will continue to provide Boothies with the tools necessary to stay competitive in today’s evolving job market. Here’s a look into the top industry and function areas from the Class of 2024:
*These top five industries make up 75.8 percent of hires for the Class of 2024.
*These top five functions make up 71.9 percent of hires for the Class of 2024.
*These top five industries made up 64 percent of internship hires for the Class of 2025.
*These top five functions made up 62.4% percent of internship hires for the Class of 2025.
The Class of 2024 secured roles across the globe! On trend with previous years, the large majority of graduates accepted positions in the United States (94.1 percent). Nearly 60% of the class launched their careers in the Northeast or Midwest, with 29.9% of the class going to each region. Graduates were concentrated in major metropolitan areas such as Chicago (28 percent) and New York City (27 percent). The West Coast also remains a key destination where 20.8 percent of Boothies secured roles. Top markets include the Bay Area (9.8 percent), Seattle (5 percent), and Los Angeles (4.3 percent). Boothies continue to explore career opportunities across the globe as 5.9 percent of students secured roles outside of the US, most notably in Asia (3 percent) and Latin America (1.4 percent).
We encourage you to take a look at the Full-Time MBA employment report to learn even more about the Class of 2024 employment outcomes, as well as Class of 2025 internship outcomes. As you explore all that Booth has to offer, we invite you to join our mailing list as well to stay updated on the latest insights into the Booth student experience, exclusive admissions tips, event invitations, and much more.
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