Yale MBA Employment Report: Salary, Industries, and Locations

Thinking about applying to Yale School of Management’s MBA program? You should know two things about this highly competitive and prestigious business school: firstly, Yale SOM is very committed to maintaining strong ties with the rest of the university; and secondly, Yale SOM committed to producing students who will have a high social impact on their communities. 

 If that interests you, you should take a look at our comprehensive employment report on Yale School of Management! In it, we’ll explore the most important employment data on Yale, including top employment industries, job locations, post-MBA employers, and median base salary.

Yale SOM MBA Employment Report and Careers

Salary Median	$205,000.00
Offers Upon Graduation	Does not disclose
Offers At 3 Mos.	92%
Post-MBA Industries	Consulting Services: 44.2% Finance: 22.3% Investment Banking: 11.5% Investment Management: 3.8% Diversified Financial Services: 3.8% Private Equity: 2.3% Venture Capital: 0.8% Technology: 10.0% Retail: 6.5% E-commerce: 6.5% Retail: 0.0% Healthcare/Pharmaceuticals: 3.1% Consumer Packaged Goods: 2.7% Nonprofit: 2.3% Energy: 1.9% Media/Entertainment: 1.9% Law: 1.5% Transportation: 1.2% Manufacturing: 1.2% Real Estate: 0.8% Government: 0.4%
Post-MBA Locations	United States: 91.4% Mid-Atlantic: 10.7% Midwest: 4.7% Northeast: 60.5% South: 2.1% Southwest: 5.6% West: 16.3% International: 8.6%
Post-MBA Companies	Does not disclose
Career Development Resources	Yale SOM MBA Career Paths

The data above is from 2023 and represents the career statistics of the Yale SOM class of 2023.
See the full employment report: Yale SOM MBA 2023-2024 Employment Report

• The median starting salary at Yale experienced robust growth this year, reaching $175,000 compared to $160,110 in the previous year—a notable increase of over 9%. This upward trend was largely fueled by a substantial rise in the consulting median, which climbed from $175,000 to $190,000. Although the median signing bonus, reported by 82.1% of the 2023 graduates, remained unchanged for the sixth consecutive year at $30,000, there was a noteworthy increase in the median year-end bonus, reported by 7.6%, reaching $30,000 from $20,000. When all these elements are considered, the overall outcome for the 269 out of 294 graduates actively seeking employment this year is a median pay of $200,830. This represents a significant 7.4% increase from the $186,930 median in 2022.
  
• The consulting industry remains popular among Yale graduates, and once again more than a third of Yale SOM grads chose careers in consulting. Consulting jobs were the top choice for Yale SOM MBA graduates in 2023 with 44.2% of graduates opting for employment in this field. After consulting, Finance, which encompasses investment banking and management, diversified services, private equity, and venture capital, attracted around a quarter of the graduates. More than half of the Yale graduates who opted for jobs in the diversified financial services found jobs in investment banking. A substantial 10% of the Yale SOM Class of 2023 was recruited by the Technology industry.
  
• In the Yale SOM MBA Class of 2023, about 91.4% of full-time hires were from the United States. 3% of the Yale MBA class of 2023 went to the Asia-Pacific area, while only 2% went to Europe. The remaining Yale MBAs who chose to work worldwide were dispersed among MENA, Canada, South America, Central America, and the Caribbean in smaller numbers. More than half of the Yale SOM MBA class chose to work in the Northeast (60.5%), while around a quarter chose to work in the Western United States. The Midwest hosts 4.7% of Yale MBA graduates, the Mid-Atlantic houses 10.7% of Yale SOM MBA graduates, and the Southwest has 5.6%. Only 2.1% of Yale SOM MBA grads in the class moved to the South.

Yale SOM MBA Career Paths

The Yale Network: When you join Yale School of Management, you become part of a large network of over 10,000 alumni working in a variety of industries and functions. As well as graduating from one of the country’s top MBA programs, you also become a part of the larger Yale University network, giving you access to the Ivy League institution’s vast network of contacts and services.

Mentorship and Industry Insights: The Consulting Club, Finance Club, and other professional clubs offer boot camps, practice interviews, and other services to help you prepare for interviews. They also host informal conversations for students with industry leaders throughout the year to help students obtain a better understanding of your chosen career path and industry.

Summer Internships: Summer internship positions at SOM are as diverse as the students themselves, ranging from tech to nonprofit, finance to startup. They provide you the opportunity to try out a new industry or function, build connections, stretch yourself, and put what you’ve learned in your first year into practice.