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									The University of Chicago Graduate School of Business
Employment Statistics: 2007-2008

Profile of the Class of 2008
September 15, 2008
Class Profile for Full-Time MBA, Joint Degree, and IMBA Graduates
August 2007, December 2007, March 2008, and June 2008
Employment Profile                                   Percent             Number
                                                    of Class           of Students
Seeking Employment                                    94.4%                525

Not Seeking Employment                              5.2%                    29
 Postponing Job Search                              1.6%                     9
 Sponsored Student                                  1.4%                     8
 Self-Employed/Founding Business                    0.9%                     5
 Continuing Education                               0.4%                     2
 Other Reasons                                      0.9%                     5

Not Responding to Survey                            0.4%                    2

Total Graduates                                    100.0%                  556

                                                                    By Three Months
Job Offers(1)                                  At Graduation        Post Graduation
U.S. Citizens/Permanent Residents                  90.9%                 93.1%
Foreign Nationals                                  94.7%                 97.3%
Total                                              92.0%                 94.3%

                                                                    By Three Months
Job Acceptances(1)                             At Graduation        Post Graduation
U.S. Citizens/Permanent Residents                  86.4%                 90.4%
Foreign Nationals                                  90.0%                 96.7%
Total                                              87.4%                 92.2%

Demographic Profile(2)
Mean Age                                                 28
Mean Years of Work Experience                             5
Female                                               30.0%
International                                        30.0%
Married                                              24.0%
(1)
    Represents percent of students who are seeking employment. Five MBA graduates,
    representing 0.9% of graduates seeking employment, reneged on offers that had been
    accepted.
(2)
    Demographic information is based on full-time MBA students
    matriculating in September 2006.




                      155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
The University of Chicago Graduate School of Business
Employment Statistics: 2007-2008

New Hires by Function: Full Time
September 15, 2008
Function                                                                   Percent Number                 Minimum      Maximum            Median           Median
                                                                           of Hires of Hires                Salary(1)    Salary(1)        Salary(1) Sign-On(1,2,3)
Business Development                                                           3.3%          16              $98,000    $140,000         $110,000         $20,000
Consulting                                                                    22.7%         110              $80,000    $140,000         $125,000         $20,000
Finance                                                                       53.9%         261              $65,000    $250,000          $95,000         $40,000
    Finance - Commercial Banking/Lending                                       1.0%           5              $80,000    $125,000         $105,000         $31,000
    Finance - Company Finance (Analysis/Treasury)                              4.8%          23              $90,000    $135,000         $100,000         $20,000
    Finance - Insurance                                                        0.2%           1 Insufficient Data(1)
    Finance - Investment Banking                                              22.1%         107              $85,000    $250,000          $95,000         $40,000
    Finance - Investment Management/Research                                  11.0%          53              $70,000    $135,000         $100,000         $29,000
    Finance - Private Client Services                                          1.4%           7              $89,000      $95,000         $95,000         $40,000
    Finance - Real Estate                                                      0.4%           2 Insufficient Data(1)
    Finance - Sales and Trading                                                7.9%          38              $65,000    $119,000          $95,000         $40,000
    Finance - Venture Capital/Private Equity                                   5.2%          25              $72,000    $175,000         $122,500
General Management                                                             5.4%          26              $80,000    $121,000         $107,500         $25,000
Marketing                                                                      7.6%          37              $85,000    $136,000          $93,000         $21,334
    Marketing - Brand/Product Management                                       6.8%          33              $85,000    $136,000          $93,000         $23,000
    Marketing – Other                                                          0.8%           4 Insufficient Data(1)
Risk Management                                                                0.4%           2 Insufficient Data(1)
Strategic Planning                                                             3.9%          19             $88,000     $195,000         $106,000         $20,000
Other                                                                          2.7%          13 Insufficient Data(1)
Total                                                                        100.0%         484             $45,000     $250,000         $100,000         $25,000
(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.
(2)
     To be noted in this table, at least 50% of accepted offers in this function reported a bonus. Overall, 81% of accepted offers reported a sign-on bonus.
(3)
     In addition to base salary and sign-on bonus, 22% of students received other guaranteed compensation with a median of $28,750. 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).




155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
                            The University of Chicago Graduate School of Business
                            Employment Statistics: 2007-2008

                            Top Five Functions: Full Time
                            September 15, 2008
                            Function                                                Percent of Hires Number of Hires
                            Top Five Functions                                           71.3%           345
                              Consulting                                                22.7%            110
                              Finance - Investment Banking                              22.1%            107
                              Finance - Investment Management/Research                  11.0%             53
                              Finance - Sales and Trading                                7.9%             38
                              Marketing                                                  7.6%             37
                            All Others                                                  28.7%            139
                            Total                                                       100.0%           484


                               100.0%

                                90.0%                                Consulting, 22.7%


                                80.0%

                                70.0%
                                                            Finance - Investment Banking, 22.1%
                                60.0%

                                50.0%                 Finance - Investment Management/ Research, 11.0%


                                40.0%                         Finance - Sales and Trading, 7.9%

                                                                      Marketing, 7.6%
                                30.0%

                                20.0%
                                                                     All Others, 28.7%
                                10.0%

                                 0.0%

                                                     Top Five Functions: Full Time


155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
              The University of Chicago Graduate School of Business
              Employment Statistics: 2007-2008

              New Hires by Industry: Full Time
              September 15, 2008
              Industry                                                                   Percent Number            Minimum          Maximum           Median          Median
                                                                                                                           (1)              (1)             (1)             (1,2,3)
                                                                                         of Hires of Hires          Salary          Salary           Salary        Sign-On
              Auto and Transportation Services                                                1.0%          5             $95,000      $110,000          $95,000         $20,000
              Consulting                                                                     23.1%        112             $80,000      $140,000        $125,000          $20,000
              Consumer Packaged Goods                                                         4.1%         20             $84,000      $120,000          $92,500         $20,000
              Financial Services                                                             52.1%        252             $65,000      $250,000          $95,000         $40,000
                  Financial Services - Commercial Banking                                     2.1%         10             $89,000      $195,000        $120,000
                  Financial Services - Diversified Financial Services                         6.6%         32             $80,000      $120,000          $95,000         $30,000
                  Financial Services - Insurance                                              1.0%          5             $95,000      $110,000          $95,000         $14,250
                  Financial Services - Investment Banking/Brokerage                          29.8%        144             $85,000      $250,000          $95,000         $40,000
                  Financial Services - Investment Management                                  9.9%         48             $65,000      $135,000        $110,000          $25,000
                  Financial Services - Venture Capital/Private Equity                         2.7%         13             $72,000      $175,000        $122,500
              Food Service/Lodging                                                            0.6%          3 Insufficient Data(1)
              Government/Nonprofit                                                            1.0%          5             $45,000      $108,000          $97,500
              Manufacturing                                                                   2.3%         11             $80,000      $135,000          $95,000         $20,000
              Media/Entertainment                                                             1.0%          5             $85,000      $110,000          $90,000         $15,000
              Petroleum/Energy                                                                2.9%         14           $100,000       $121,000         $105,000         $25,000
              Pharmaceutical/Biotechnology/Healthcare Services                                1.4%          7             $97,000      $150,000        $105,000          $15,000
              Real Estate                                                                     0.8%          4 Insufficient Data(1)
              Retail                                                                          1.4%          7             $85,000      $115,000        $100,000          $10,000
              Technology                                                                      6.4%         31             $90,000      $155,000        $110,000          $20,000
                  Technology - E-Commerce and Internet                                        0.8%          4 Insufficient Data(1)
                  Technology - Electronic Equipment                                           3.3%         16             $93,000      $135,000        $115,000          $15,000
                  Technology - Software/Printing/Publishing                                   1.9%          9           $102,000       $136,000        $106,000          $40,000
                                                                                                                               (1)
                  Technology - Telecommunications                                             0.4%          2 Insufficient Data
              Other                                                                           1.7%          8 Insufficient Data(1)
              Total                                                                        100.0%         484             $45,000      $250,000        $100,000          $25,000
              (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.
              (2)
                  To be noted in this table, at least 50% of accepted offers in this industry reported a bonus. Overall, 81% of accepted offers reported a sign-on bonus.
              (3)
                  In addition to base salary and sign-on bonus, 22% of students received other guaranteed compensation with a median of $28,750. 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).




155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
                            The University of Chicago Graduate School of Business
                            Employment Statistics: 2007-2008

                            Top Five Industries: Full Time
                            September 15, 2008
                            Industry                                                      Percent of Hires Number of Hires
                            Top Five Industries                                                75.8%           367
                              Financial Services - Investment Banking/Brokerage               29.8%            144
                              Consulting                                                      23.1%            112
                              Financial Services - Investment Management                       9.9%             48
                              Financial Services - Diversified Financial Services              6.6%             32
                              Technology                                                       6.4%             31
                            All Others                                                        24.2%            117
                            Total                                                             100.0%           484


                               100.0%

                                90.0%
                                                       Financial Services - Investment Banking/Brokerage, 29.8%
                                80.0%

                                70.0%

                                60.0%                                      Consulting, 23.1%


                                50.0%

                                40.0%                     Financial Services - Investment Management, 9.9%

                                                        Financial Services - Diversified Financial Services, 6.6%
                                30.0%
                                                                           Technology, 6.4%

                                20.0%

                                                                           All Others, 24.2%
                                10.0%

                                 0.0%

                                                        Top Five Industries: Full Time


155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
The University of Chicago Graduate School of Business
Employment Statistics: 2007-2008

New Hires by Location: Full Time
September 15, 2008

Region                                                            Percent             Number              Median
                                                                  of Hires            of Hires            Salary(1)
United States                                                       78.5%                 380            $100,000

Midwest                                                             30.2%                 146            $108,528
 Chicago                                                            26.2%                 127            $110,000
 Minneapolis/St. Paul                                                1.0%                   5             $98,000

Northeast                                                           27.7%                 134             $95,000
 New York City                                                      25.0%                 121             $95,000
 Boston                                                              2.5%                  12            $115,000

West                                                                13.2%                   64           $106,000
 San Francisco/Bay Area                                              8.3%                   40           $110,000
 Los Angeles                                                         2.5%                   12           $100,000
 Seattle                                                             1.7%                    8           $106,000

Southwest                                                            3.7%                   18           $100,000
 Dallas                                                              1.2%                    6           $100,000
 Houston                                                             1.0%                    5           $100,000

South                                                                2.1%                   10            $96,750

Mid-Atlantic                                                         1.7%                    8           $111,500

International                                                       21.3%                 103            $115,000

Asia                                                                10.7%                   52           $100,000
 Hong Kong                                                           4.1%                   20            $95,000
 Seoul                                                               2.1%                   10           $110,000
 Tokyo                                                               1.0%                    5           $100,000

Europe                                                               7.9%                   38           $120,000
 London                                                              6.6%                   32           $120,000

Latin America and the Caribbean                                      1.9%                    9            $95,000

Australia                                                            0.6%                    3 Insufficient Data(1)

North America                                                        0.2%                    1 Insufficient Data(1)

Unknown                                                              0.2%                    1 Insufficient Data(1)

TOTAL                                                               100.0%                    484         $100,000
(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.




 155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
       The University of Chicago Graduate School of Business
       Employment Statistics: 2007-2008

       Major Employers 2008
       September 15, 2008

       Companies That Hired                                    Number Percent       Number of
       4 or More Graduates (26 Companies)                      of Hires of Hires   Intern Hires
       McKinsey & Company, Inc.                                   29     6.0%                20
       Lehman Brothers                                            23     4.8%                20
       Merrill Lynch & Co., Inc.                                  23     4.8%                22
       The Boston Consulting Group                                17     3.5%                13
       Bain & Company, Inc.                                       16     3.3%                13
       JP-Morgan Chase & Co.                                      14     2.9%                11
       Credit Suisse                                              13     2.7%                22
       Deutsche Bank                                              13     2.7%                20
       Barclays                                                   12     2.5%                13
       Citi                                                       11     2.3%                 9
       Goldman, Sachs & Co.                                       10     2.1%                17
       UBS                                                        10     2.1%                 7
       Bank of America                                             9     1.9%                 4
       Morgan Stanley                                              9     1.9%                 5
       Accenture                                                   7     1.4%                 2
       L.E.K. Consulting                                           7     1.4%                 1
       Microsoft Corporation                                       7     1.4%                 4
       Booz Allen Hamilton                                         6     1.2%                 7
       Cisco Systems, Inc.                                         6     1.2%                 3
       Bear, Stearns & Co. Inc.                                    5     1.0%                 2
       Deloitte Consulting LLP                                     5     1.0%                 6
       HSBC                                                        5     1.0%                 6
       Kraft Foods, Inc.                                           5     1.0%                 4
       Sears Holdings Corporation                                  5     1.0%                 2
       General Electric Company                                    4     0.8%                 4
       United Airlines, Inc.                                       4     0.8%                 2
       Hires at Companies Hiring 4 or More Graduates
       (26 Companies)                                            275     56.8%

       Hires at Companies Hiring 2 or 3                          63      13.0%
          Graduates (27 Companies)

       Hires at Companies Hiring 1 Graduate                      146     30.2%

       Total                                                     484




155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
        The University of Chicago Graduate School of Business
        Employment Statistics: 2007-2008

        New Hires by Job Source: Full Time
        September 15, 2008

        Method of Hire                                                                 Percent Number
                                                                                       Of Hires Of Hires
        School Facilitated                                                                87.4%      423
         Summer internship sourced through the GSB                                        46.3%      224
         Interview on campus - invite schedule                                            18.6%       90
         Off-campus interview sourced through the GSB                                      9.7%       47
         Interview on campus - bid schedule                                                3.9%       19
         Job Postings/Resume Referral Service                                              4.1%       20
         Other GSB source (e.g. faculty/staff/student groups)                              2.7%       13
         Alumni contact                                                                    2.1%       10

        Direct Contact with Company(1)                                                    12.6%            61
         Personal/family contact                                                           3.3%            16
         Prior business contact                                                            3.1%            15
         Letter campaign                                                                   2.5%            12
         Summer internship sourced through personal contact                                2.5%            12
         Other source                                                                      1.2%             6

        Total                                                                            100.0%           484

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




155a3bf2-f175-4be8-8d12-2b36df782ca2.xls
 The University of Chicago Graduate School of Business
 Employment Statistics: 2007-2008


 September 15, 2008

 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                      70.0%      339 $45,000 $250,000                $100,000
 Foreign Nationals                                      30.0%      145 $75,000 $195,000                $102,500
 Total                                                 100.0%      484 $45,000 $250,000                $100,000

 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                                        42.8%      207 $72,000 $250,000                $100,000
 Technical Degree                                       28.1%      136 $70,000 $140,000                $110,000
 Other                                                  29.1%      141 $45,000 $155,000                $100,000
 Total                                                 100.0%      484 $45,000 $250,000                $100,000

 Salary by Years of Experience: Full Time
 Years of Experience                                 Percent Number Minimum Maximum                  Median
                                                                             (1)
                                                     of Hires of Hires Salary    Salary(1)           Salary(1)
 Less than 1 year                                        3.9%       19 $95,000 $160,000                $110,000
 1 to 3 years                                           11.2%       54 $45,000 $160,000                 $95,000
 3 to 5 years                                           39.0%      189 $65,000 $150,000                 $98,000
 More than 5 years                                      45.9%      222 $70,000 $250,000                $110,000
 Total                                                 100.0%      484 $45,000 $250,000                $100,000

 (1)
       Compensation information is self-reported. Ninety-three percent of students reporting accepted offers
       included salary information.




155a3bf2-f175-4be8-8d12-2b36df782ca2.xls

								
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