Wharton MBA Employment Report: Class of 2025 Salary and Outcomes

Wharton Class of 2025 full-time outcomes: median salary, sign-on bonus, job offers, industries, functions and locations.

Employment overview

Wharton's Class of 2025 had 879 students, of whom 608 (69.2%) were seeking employment. Of those seeking, 90.5% reported job offers and 87.0% reported job acceptances. The median base salary was $185,000 (25th percentile $165,000, 75th percentile $192,000). 48% reported a sign-on bonus, with a median of $30,000. Financial services took 38.2% of accepted jobs, consulting 28.2% and technology 15.3%. 7.9% accepted an offer with a startup.

Salary and compensation

Median base salary
$185,000
Median sign-on bonus
$30,000
Base salary 25th to 75th percentile
$165,000 to $192,000

Job search results

Seeking employment
69.2%
Seekers reporting job offers
90.5%
Seekers reporting job acceptances
87.0%

Industry distribution

IndustryPercentage of accepted jobs
Financial services (total)38.2%
Consulting28.2%
Technology15.3%
Health care3.8%
Financial services: Investment banking/brokerage14.2%
Financial services: Private equity/buyouts/other13.4%
Financial services: Investment management5.3%
Financial services: Venture capital2.8%

Function distribution

FunctionPercentage of accepted jobs
Consulting/strategy25.5%
Private equity/venture capital11.6%
General/project management9.6%
Investment banking9.3%
Product management6.7%
Investment management/portfolio management6.2%

Geographic distribution

RegionPercentage of accepted jobs
Northeast U.S.53.0%
Western U.S.20.2%
Mid-Atlantic9.8%
Midwest4.3%
Southwest4.3%
South2.6%
Outside U.S.6.0%

Career switchers

ChangePercentage
Industry and function change53.1%
Function change only16.6%
Industry change only10.3%
Same function and industry, new title9.7%
No change10.3%

Employers that hired two or more Class of 2025 graduates

  • Accenture
  • Adobe
  • Alpine Investors
  • Alvarez & Marsal
  • Amazon
  • American Express
  • Analysis Group
  • Apax Partners
  • Apollo Global Management
  • Bain & Company
  • Bank of America
  • Barclays
  • Bernstein
  • BlackRock
  • Blackstone
  • Boston Consulting Group (BCG)
  • Brookfield Asset Management
  • Capital One
  • Capital Rx
  • Centerview Partners
  • Cisco Systems
  • Citi
  • DaVita
  • Deloitte
  • Digital Alpha Advisors
  • eBay
  • Evercore
  • EY-Parthenon
  • Goldman Sachs
  • Google
  • Guggenheim Securities
  • H.I.G. Capital
  • J.P. Morgan
  • Jefferies
  • Kearney
  • KKR
  • Lazard
  • McKinsey & Company
  • Microsoft
  • Moelis & Company
  • Morgan Stanley
  • PJT Partners
  • Sheridan Capital Partners
  • Shore Capital Partners
  • Skadden, Arps, Slate, Meagher & Flom
  • Strategy&
  • T. Rowe Price
  • TikTok
  • Uber
  • Vanguard
  • Walmart
  • Wellington Management
  • William Blair

Sources

  1. 1. Wharton MBA Career Management, Full-Time Jobs Overview, Class of 2025
  2. 2. Wharton MBA Career Management, 2025 MBA Career Report (PDF)
  3. 3. Wharton MBA Career Management, Full-Time Industry Choices
  4. 4. Wharton MBA Career Management, Full-Time Location Choices