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Private Equity Report 2010

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					The University of Chicago Booth School of Business
Employment Statistics: 2009-2010

Profile of the Class of 2010
September 13, 2010
Class Profile for Full-Time MBA, Joint Degree, and IMBA Graduates
August 2009, December 2009, March 2010, and June 2010
Employment Profile                                           Percent                Number
                                                             of Class             of Students
Seeking Employment                                            93.3%                   542

Not Seeking Employment                                        6.7%                     39
 Sponsored Student                                            3.3%                     19
 Self Employed/Founding a Business                            1.5%                      9
 Continuing Education                                         1.4%                      8
 Postponing Job Search                                        0.5%                      3

Not Responding to Survey                                      0.0%                     0

Total Graduates                                              100.0%                   581

                                                                               By Three Months
Job Offers(1)                                            At Graduation         Post Graduation
U.S. Citizens/Permanent Residents                            81.6%                  92.4%
Foreign Nationals                                            81.5%                  88.4%
Total                                                        81.5%                  91.0%

                                                                               By Three Months
Job Acceptances(1)                                       At Graduation         Post Graduation
U.S. Citizens/Permanent Residents                            76.8%                  89.5%
Foreign Nationals                                            74.1%                  86.8%
Total                                                        75.8%                  88.6%

Demographic Profile(2)
Mean Age                                                           28
Mean Years of Work Experience                                       5
Female                                                            35%
International                                                     35%
Married                                                           23%
(1)
    Represents percent of students who are seeking employment. Six MBA graduates, representing
    1.1% of graduates seeking employment, reneged on offers that had been accepted.
     One student was extended an offer which was later rescinded. This impacted 0.2% of the
     Full-Time graduates who were seeking employment.




                            4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
           The University of Chicago Booth School of Business
           Employment Statistics: 2009-2010

           New Hires by Function - Full Time
           September 13, 2010
           Function                                                                            Percent Number                Minimum       Maximum            Median           Median
                                                                                               of Hires of Hires              Salary(1)      Salary(1)        Salary(1) Sign-On(1,2,3)
           Business Development                                                                  2.3%       11                 $85,000      $161,000         $102,300
           Consulting                                                                           26.9%       129                $70,000      $147,000         $120,000         $20,000
           Finance                                                                              49.4%       237                $41,000      $300,000         $100,000         $35,000
               Commercial Banking/Lending                                                        1.9%        9                 $55,000      $103,000          $95,500         $23,000
               Company Finance (Analysis/Treasury)                                               8.1%       39                 $66,000      $150,000         $100,000         $20,000
               Investment Banking                                                               17.1%       82                 $80,000      $135,000         $100,000         $40,000
               Investment Management/Research                                                   10.8%       52                 $41,000      $240,000         $110,000         $25,000
               Mergers & Acquisitions within a Company                                           0.8%        4      Insufficient Data(1)
               Private Client Services                                                           0.6%        3      Insufficient Data(1)
               Private Equity                                                                    4.0%       19                 $90,000      $300,000         $127,500
               Public Finance                                                                    0.4%        2      Insufficient Data(1)
               Real Estate                                                                       0.4%        2      Insufficient Data(1)
               Sales & Trading                                                                   3.5%       17                 $95,000      $105,000         $100,000         $40,000
               Structured Finance                                                                0.2%        1      Insufficient Data(1)
               Venture Capital                                                                   1.5%        7                 $69,000      $105,000         $100,000
           General Management                                                                    7.3%       35                 $50,000      $190,000         $105,000         $19,667
           Law                                                                                   0.8%        4      Insufficient Data(1)
           Marketing                                                                             6.9%       33                 $40,000      $130,000          $95,000         $20,000
               Brand/Product Management                                                          5.8%       28                 $75,000      $130,000          $95,000         $20,000
               Other                                                                             1.0%        5
           Operations/Production/Supply Chain                                                    0.4%        2      Insufficient Data(1)
           Product Development                                                                   1.0%        5                 $70,000      $130,000         $100,000          $6,250
           Strategic Planning                                                                    3.5%       17                 $62,100      $125,000          $95,000         $11,000
           Other                                                                                 1.5%        7
           All                                                                                 100.0%       480                $40,000      $300,000         $102,000         $20,000
           (1)
                Compensation information is self-reported. Ninety-three percent 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 function reported a bonus. Overall, 68% of accepted offers reported a sign-on bonus.
           (3)
                In addition to base salary and sign-on bonus, 12% of students received other guaranteed compensation with a median of $24,000. Other guaranteed
                compensation includes guaranteed year-end bonuses and excludes perquisites (e.g., tuition reimbursements, relocation, automobile) and variable
                compensation (e.g., performance bonuses, stock options).




4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
                             The University of Chicago Booth School of Business
                             Employment Statistics: 2009-2010

                             Top Five Functions - Full Time
                             September 13, 2010
                             Function                                                  Percent of Hires Number of Hires
                             Top Five Functions                                             70.2%           337
                               Consulting                                                  26.9%            129
                               Investment Banking                                          17.1%             82
                               Investment Management/Research                              10.8%             52
                               Company Finance (Analysis/Treasury)                          8.1%             39
                               General Management                                           7.3%             35
                             All Others                                                    29.8%            143
                             All                                                           100.0%           480


                               100.0%

                                90.0%
                                                                         Consulting, 26.9%

                                80.0%

                                70.0%
                                                                     Investment Banking, 17.1%
                                60.0%

                                50.0%                       Investment Management/Research, 10.8%


                                40.0%                      Company Finance (Analysis/Treasury), 8.1%


                                30.0%                                General Management, 7.3%



                                20.0%
                                                                         All Others, 29.8%
                                10.0%

                                  0.0%

                                                      Top Five Functions - Full Time


4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
                            The University of Chicago Booth School of Business
                            Employment Statistics: 2009-2010

                            New Hires by Industry - Full Time
                            September 13, 2010
                            Industry                                                                           Percent Number           Minimum          Maximum           Median          Median
                                                                                                                                               (1)               (1)             (1)            (1,2,3)
                                                                                                               of Hires of Hires         Salary           Salary          Salary        Sign-On
                            Consulting                                                                          24.0%       115               $70,000       $147,000         $120,000         $20,000
                            Consumer Products                                                                   5.8%         28               $66,000       $125,000          $95,000         $20,000
                            Energy                                                                              3.5%         17               $82,455       $150,000         $103,650         $20,000
                            Financial Services                                                                  45.0%       216               $41,000       $300,000         $100,000         $37,300
                                Commercial Banking                                                              2.1%         10               $55,000       $130,000          $97,500         $30,000
                                Diversified Financial Services                                                  7.3%         35               $49,000       $120,000         $100,000         $30,000
                                Insurance                                                                       1.0%          5               $90,000       $190,000         $105,000         $16,000
                                Investment Banking/Brokerage                                                    20.8%       100               $80,000       $150,000         $100,000         $40,000
                                Investment Management/Research                                                  8.3%         40               $41,000       $154,000         $110,000         $25,000
                                Mutual/Hedge Funds                                                              1.5%          7              $100,000       $130,000         $122,500
                                Private Equity                                                                  3.3%         16               $69,000       $300,000         $135,000
                                                                                                                                                    (1)
                                Venture Capital                                                                 0.6%          3    Insufficient Data
                            Government/Nonprofit                                                                2.3%         11    Insufficient Data(1)
                                                                                                                                                    (1)
                            Law                                                                                 0.6%          3    Insufficient Data
                            Manufacturing                                                                       1.5%          7               $90,000       $120,000         $100,000         $20,000
                            Pharmaceutical/Biotechnology/Healthcare Products and Services                       3.1%         15               $40,000       $123,000          $92,500         $17,500
                            Real Estate                                                                         1.0%          5               $95,000       $240,000         $110,000         $20,000
                            Retail                                                                              2.3%         11               $85,000       $120,000         $100,000         $12,500
                            Technology                                                                           7.5%        36               $80,000       $161,000         $115,000         $19,667
                                E-Commerce and Internet                                                         1.3%          6              $100,000       $130,000         $116,000         $22,500
                                Electronic Equipment                                                            4.2%         20               $80,000       $140,000         $120,000         $17,667
                                Software/Printing/Publishing                                                    1.7%          8               $84,000       $161,000         $100,000         $13,750
                                                                                                                                                    (1)
                                Telecommunications                                                              0.4%          2    Insufficient Data
                            Transportation Services                                                             1.5%          7               $85,000       $119,000         $100,000         $15,000
                            Other                                                                               1.9%          9
                            All                                                                                 100.0%      480               $40,000       $300,000         $102,000         $20,000
                            (1)
                                 Compensation information is self-reported. Ninety-three percent 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, 68% of accepted offers reported a sign-on bonus.
                            (3)
                                 In addition to base salary and sign-on bonus, 12% of students received other guaranteed compensation with a median of $24,000. Other guaranteed
                                 compensation includes guaranteed year-end bonuses and excludes perquisites (e.g., tuition reimbursements, relocation, automobile) and variable
                                 compensation (e.g., performance bonuses, stock options).




4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
                         The University of Chicago Booth School of Business
                         Employment Statistics: 2009-2010

                         Top Five Industries - Full Time
                         September 13, 2010
                         Industry                                                          Percent of Hires Number of Hires
                         Top Five Industries                                                    67.9%           326
                           Consulting                                                          24.0%            115
                           Investment Banking/Brokerage                                        20.8%            100
                           Investment Management/Research                                       8.3%             40
                           Technology                                                           7.5%             36
                           Diversified Financial Services                                       7.3%             35
                         All Others                                                            32.1%            154
                         All                                                                   100.0%           480


                            100.0%

                             90.0%
                                                                       Consulting, 24.0%

                             80.0%

                             70.0%
                                                              Investment Banking/Brokerage, 20.8%
                             60.0%

                             50.0%                          Investment Management/Research, 8.3%

                                                                       Technology, 7.5%
                             40.0%
                                                              Diversified Financial Services, 7.3%
                             30.0%

                             20.0%
                                                                       All Others, 32.1%

                             10.0%

                              0.0%

                                                     Top Five Industries - Full Time


4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
  The University of Chicago Booth School of Business
  Employment Statistics: 2009-2010

  New Hires by Location - Full Time
  September 13, 2010

  Region                                                        Percent             Number                 Median
                                                                of Hires            of Hires               Salary(1)
  United States                                                   77.9%                 374               $103,150

  Midwest                                                         30.0%                  144              $110,000
   Chicago Metro                                                  23.3%                  112              $115,000
   Minneapolis/St. Paul Metro                                      2.5%                   12              $102,500

  Northeast                                                       28.5%                  137              $100,000
   New York City Metro                                            23.5%                  113              $100,000
   Boston Metro Area                                               2.5%                   12              $120,000

  West                                                             9.4%                   45              $110,000
   San Francisco Bay Metro                                         6.9%                   33              $110,000
   Los Angeles Metro                                               1.0%                    5              $100,000

  Mid-Atlantic                                                     4.0%                   19              $120,000
   Washington D.C. Metro                                           2.3%                   11              $120,000

  Southwest                                                        3.1%                   15              $100,000
   Houston                                                         1.5%                    7              $100,000

  South                                                            2.9%                   14              $120,000
   Atlanta                                                         1.3%                    6              $120,000

  International                                                   22.1%                  106              $100,000

  Asia                                                            10.0%                   48               $100,000
   Seoul                                                           2.1%                   10               $100,000
   Shanghai                                                        1.9%                    9               $108,000
   Beijing                                                         1.0%                    5     Insufficient data(1)
   Tokyo                                                           1.0%                    5               $111,000

  Europe                                                           7.3%                   35              $102,875
   London                                                          5.6%                   27              $102,750

  Latin America and the Caribbean                                  3.8%                   18               $95,000
   Mexico City                                                     1.0%                    5               $90,000

  Australia                                                         0.4%                    2    Insufficient data(1)

  Canada                                                            0.4%                    2    Insufficient data(1)

  Africa                                                            0.2%                    1    Insufficient data(1)

  All                                                              100.0%                  480              $102,000
  (1)
        Compensation information is self-reported. Ninety-three percent 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.



4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
       The University of Chicago Booth School of Business
       Employment Statistics: 2009-2010

       Major Employers 2010
       September 13, 2010

       Companies That Hired                                 Number Percent       Number of
       Four or More Graduates (21 Companies)                of Hires of Hires   Intern Hires
       McKinsey & Company, Inc.                                    24   5.0%              16
       The Boston Consulting Group                                 19   4.0%              15
       Barclays PLC                                                16   3.3%              13
       Bain & Company, Inc.                                        15   3.1%              10
       Citigroup Inc.                                              13   2.7%               7
       Credit Suisse                                               12   2.5%               9
       Bank of America Corporation                                 11   2.3%              12
       Morgan Stanley                                              11   2.3%              17
       Booz & Company                                              10   2.1%               5
       Deutsche Bank AG                                            10   2.1%              13
       Goldman Sachs Group Inc.                                     9   1.9%               8
       International Business Machines Corp.                        8   1.7%               3
       A.T. Kearney, Inc.                                           7   1.5%               7
       American Express Co                                          7   1.5%              11
       JPMorgan Chase & Co.                                         7   1.5%              17
       UBS AG                                                       7   1.5%              16
       Deloitte Consulting                                          6   1.3%               3
       Accenture                                                    4   0.8%               4
       Apple Inc.                                                   4   0.8%              10
       Cisco Systems, Inc.                                          4   0.8%               3
       Target Corporation                                           4   0.8%               0

       Hires at Companies Hiring Four or More Graduates
       (21 Companies)                                            208   43.3%

       Hires at Companies Hiring Two or Three                     97   20.2%
          Graduates (44 Companies)

       Hires at Companies Hiring One Graduate                    175   36.5%

       All                                                       480   100.0%




4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
     The University of Chicago Booth School of Business
     Employment Statistics: 2009-2010

     New Hires by Job Source - Full Time
     September 13, 2010

     Method of Hire                                                                       Percent Number
                                                                                          Of Hires Of Hires
     School Facilitated                                                                      82.9%      398
      Summer internship sourced through Chicago Booth                                        34.0%      163
      Interview on campus - invite schedule                                                  18.8%       90
      Off-campus interview sourced through Chicago Booth                                     14.4%       69
      Booth Job Posting/Resume Referral Service                                               7.3%       35
      Interview on campus - bid schedule                                                      3.5%       17
      Alumni contact                                                                          2.9%       14
      Other Booth Source (e.g. Fellow student/Faculty/Student groups)                         2.1%       10

     Direct Contact with Company(1)                                                          17.1%         82
      Summer internship sourced through personal contact                                      4.8%         23
      Prior business contact                                                                  3.8%         18
      Personal/family contact                                                                 3.5%         17
      Organization website/External job board/Executive recruiter                             3.3%         16
      Other source                                                                            1.7%          8

     All                                                                                    100.0%        480

     (1)
           Approximately three-tenths of the accepted offers generated by students' direct contact with
           companies were with firms where the school has an established recruiting relationship.




4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls
The University of Chicago Booth School of Business
Employment Statistics: 2009-2010


September 13, 2010

Salary by Citizenship - Full Time
Citizenship                                             Percent Number Minimum Maximum                   Median
                                                                                (1)
                                                        of Hires of Hires Salary    Salary(1)            Salary(1)
U.S. Citizens/Permanent Residents                          65.8%      316 $49,000 $300,000                 $100,000
Foreign Nationals                                          34.2%      164 $40,000 $190,000                 $105,000
All                                                       100.0%      480 $40,000 $300,000                 $102,000

Salary by Undergraduate Major - Full Time
Undergraduate Major                                     Percent Number Minimum Maximum                   Median
                                                                                (1)
                                                        of Hires of Hires Salary    Salary(1)            Salary(1)
Business Degree                                            51.5%      247 $49,000 $300,000                 $100,000
Technical Degree                                           35.6%      171 $40,000 $240,000                 $105,000
Other                                                      12.9%       62 $41,000 $190,000                 $100,000
All                                                       100.0%      480 $40,000 $300,000                 $102,000

Salary by Years of Experience - Full Time
Years of Experience(2)                                  Percent Number Minimum Maximum                   Median
                                                                                   (1)
                                                        of Hires of Hires Salary        Salary(1)        Salary(1)
                                                                                            (1)
Less than 1 year                                            0.2%        1 Insufficient Data
1 to 3 years                                                5.5%       26 $62,100 $160,000                 $100,000
3 to 5 years                                               45.3%      215 $40,000 $300,000                 $100,000
More than 5 years                                          49.1%      233 $49,000 $190,000                 $105,000
All                                                       100.0%      475 $40,000 $300,000                 $102,000

(1)
      Compensation information is self-reported. Ninety-three percent 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)
      Years of Experience information is unavailable for five graduates.




4b3ffa95-71f0-42e2-bc52-b1f883b951a7.xls

				
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Description: Private Equity Report 2010 document sample