University of Chicago Booth School of Business MBA Employment Report: Salary, Industries, Outcomes
Chicago Booth Full-Time MBA Class of 2025 employment outcomes: offers, acceptances, salary, sign-on bonus, industries, functions, locations, and employers.
Employment overview
Booth's 2024-2025 employment statistics cover 663 Full-Time MBA, joint-degree, and IMBA graduates in the Class of 2025, of whom 534 (80.5%) were seeking employment. Among job seekers, 80.9% had received a full-time offer at graduation and 89.1% within three months; 78.1% had accepted an offer at graduation and 87.8% within three months. Across 469 accepted offers, the median base salary was $175,000 (range $70,000 to $400,000) and the median sign-on bonus was $30,000. Ninety percent of students reporting accepted offers included salary information, and 65% of accepted offers reported a sign-on bonus. School-facilitated activities produced 72.1% of accepted offers.
Salary and compensation
| Item | Value |
|---|---|
| Median base salary | $175,000 |
| Median sign-on bonus | $30,000 |
| Salary reporting rate | 90% (Of students reporting accepted offers) |
Offers and acceptances
| Item | Value |
|---|---|
| Offers at graduation | 80.9% |
| Offers within 3 months | 89.1% |
| Accepted at graduation | 78.1% |
| Accepted within 3 months | 87.8% |
Industry distribution
| Industry | Share of hires | Median base salary |
|---|---|---|
| Consulting | 36.7% | $190,000 |
| Financial Services | 31.6% | $175,000 |
| Technology | 14.1% | $151,000 |
| Law | 4.5% | $225,000 |
| Healthcare | 4.1% | $145,000 |
| Education/Government/Non-Profit | 1.9% | $117,850 |
| Consumer Products | 1.7% | $128,000 |
Function distribution
| Function | Share of hires |
|---|---|
| Consulting | 37.7% |
| Finance | 30.3% |
| General Management | 7.7% |
| Corporate Strategy/Strategic Planning | 6.2% |
| Product Management (Tech) | 5.1% |
| Law | 4.7% |
| Marketing | 2.6% |
Geographic distribution
| Region | Share of hires | Median base salary |
|---|---|---|
| Midwest | 32.2% | $180,000 |
| Northeast | 29.0% | $175,000 |
| West | 19.6% | $180,000 |
| Southwest | 4.7% | $190,000 |
| South | 4.7% | $170,000 |
| Mid-Atlantic | 4.7% | $165,000 |
| Outside U.S. | 5.1% | $134,219 |
Largest employers
| Employer | Hires |
|---|---|
| Boston Consulting Group | 52 |
| McKinsey & Company | 35 |
| Bain & Company | 30 |
| Amazon | 20 |
| Goldman Sachs | 11 |
| JPMorgan Chase | 11 |
| Evercore | 7 |
| L.E.K. Consulting | 7 |
| PwC Strategy& | 7 |
| 6 |
Prior year
| Class | Median base salary | Median sign-on bonus | Offers within 3 months | Accepted within 3 months |
|---|---|---|---|---|
| Class of 2025 | $175,000 | $30,000 | 89.1% | 87.8% |
| Class of 2024 | $175,000 | $31,000 | 86.8% | 84.1% |
Sources
- 1. Chicago Booth, Full-Time MBA Employment Report
- 2. Chicago Booth, Employment Statistics 2024-2025, Full-Time (Class of 2025)
- 3. Chicago Booth, Employment Statistics 2023-2024, Full-Time (Class of 2024)