2023 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 3, 2023

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2023 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
Aerospace/Aviation ³	0.8%	4	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Agribusiness	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Arts/Media/Entertainment	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Consulting	38.6%	192	$79,000	$200,000	$192,000	$30,000
Consumer Products	2.2%	11	$115,000	$135,000	$124,000	Insufficient data¹
Consumer Goods	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Food/Beverage/Tobacco ³	1.8%	9	$115,000	$135,000	$128,000	Insufficient data¹
Education/Non-Profit	0.6%	3	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Education	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Non-Profit	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Energy	1.4%	7	$100.000	$200,000	$140,000	Insufficient data¹
Clean Tech/Renewables ³	1.0%	5	$100,000	$150,000	$130,000	$15,000
Oil & Gas	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Financial Services	32.6%	162	$70,000	$247,500	$175,000	$47,000
Commercial Banking	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Diversified Financial Services	6.2%	31	$100,000	$183,000	$175,000	$47,000
Hedge Funds	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Insurance	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Investment Banking/Brokerage	11.1%	55	$135,000	$225,000	$175,000	$50,000
Investment Management/Research	3.2%	16	$150,000	$230,000	$180,000	$45,000
Private Equity ³	9.1%	45	$70,000	$247,500	$166,500	Insufficient data¹
Venture Capital	2.2%	11	$120,000	$225,000	$150,000	Insufficient data¹
Government - International	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Healthcare	2.8%	14	$125,000	$160,000	$137,500	Insufficient data¹
Biotech & Life Sciences ³	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Health & Wellness ³	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Healthcare - Services	1.0%	5	$135,000	$140,000	$137,500	$35,000
Healthcare Products/Medical Devices ³	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Healthtech/Telemedicine ³	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Insurance/Payer	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Pharmaceutical Products	0.6%	3	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Law	1.4%	7	$215,000	$235,000	$215,000	Insufficient data¹
Manufacturing	0.6%	3	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Chemicals Plastics	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Manufacturing	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Other Services	0.2%	1	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Real Estate ³	1.0%	5	$100,000	$160,000	$135,000	Insufficient data¹
Retail	1.4%	7	$100,000	$148,000	$141,000	$25,000
Technology	15.5%	77	$97,000	$225,000	$157,050	$30,000
Ecommerce & Internet	7.2%	36	$107,196	$225,000	$156,900	$50,000
Financial Technology	1.0%	5	$97,000	$186,000	$185,500	Insufficient data¹
Hardware	1.0%	5	$145,000	$215,000	$150,000	$22,500
SemiConductors	0.4%	2	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
Software ³	5.0%	25	$131,000	$185,000	$160,000	Insufficient data¹
Technology - Services	0.8%	4	Insufficient data¹	Insufficient data¹	Insufficient data¹	Insufficient data¹
All	100.0%	497	$70,000	$300,000	$180,000	$33,000

(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, 71% of accepted offers reported a sign-on bonus.
(3)	Accepted offers in these industries include graduates working at start-ups: Aerospace/Aviation (1), Food/Beverage/Tobacco (1), Clean Tech/Renewables (1), Private Equity (2), Biotech & Life Sciences (1), Health & Wellness (1), Healthcare Products/Medical Devices (1), Healthtech/Telemedicine (1), Real Estate (2), and Software (2). In total, 3% of accepted offers for the Class of 2023 were with start-ups. For base salary, the minimum was $100,000, the maximum was $160,000, and the median was $146,750.

2023 New Hires by Industry: Full-Time

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