2020 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.

September 13, 2020

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2020 Full-Time Employment Statistics »

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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
Consulting ³	38.2%	174	$55,000	$175,000	$165,000	$30,000
Consumer Products	4.8%	22	$105,000	$142,000	$115,000	$30,000
Education ³	0.7%	3	Insufficient data¹
Energy	0.9%	4	Insufficient data¹
Financial Services	30.3%	138	$80,000	$255,000	$150,000	$50,000
Diversified Financial Services	5.3%	24	$124,000	$165,000	$150,000	$40,000
Insurance	0.4%	2	Insufficient data¹
Investment Banking/Brokerage ³	10.3%	47	$117,681	$185,000	$150,000	$50,000
Investment Management/Research ⁴	5.3%	24	$80,000	$190,000	$150,000	$30,000
Private Equity ³	6.4%	29	$100,000	$255,000	$160,000
Venture Capital ³	2.6%	12	$90,000	$150,000	$122,500
Healthcare Products and Services ⁵	3.5%	16	$111,631	$155,000	$130,000	$20,000
Healthcare Products/Medical Devices	0.2%	1	Insufficient data¹
Healthcare Services ³	1.8%	8	$127,000	$155,000	$130,000	$12,500
Pharmaceutical Products ³	1.5%	7	$111,631	$148,000	$124,000	$22,500
Real Estate ³	2.0%	9	$80,000	$145,000	$127,500	$25,000
Technology	16.3%	74	$90,000	$250,000	$140,000	$40,000
eCommerce and Internet ³	8.8%	40	$115,000	$175,000	$135,000	$45,000
Financial Technology ³	0.7%	3	Insufficient data¹
Hardware ³	1.8%	8	$115,000	$230,000	$150,000	$23,750
Software ³	4.8%	22	$119,000	$250,000	$148,750	$32,500
Telecommunications	0.2%	1	Insufficient data¹
Transportation Services/Equipment ³	0.9%	4	Insufficient data¹
All	100.0%	455	$55,000	$255,000	$150,000	$30,000

(1)	Compensation information is self-reported. 88% 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, 64% of accepted offers reported a sign-on bonus.
(3)	Accepted offers in these industries include graduates working at startups: Consumer Products (1), Education/Government/Non-Profit (1), Investment Management/Research (1), Private Equity (1), Venture Capital (1), Healthcare Services (3), Pharmaceutical Products (1), eCommerce and Internet (1), Financial Technology (2), Technology - Hardware (1), Technology - Software (8), and Transportation Services/Equipment (1). In total, 4.8% of accepted offers for the Class of 2020 were with start-ups. For base salary, the minimum was $90,000, the maximum was $250,000, and the median was $142,500.
(4)	Investment Management/Research also includes Mutual Funds and Hedge Funds.

2020 New Hires by Industry: Full-Time

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