Class of 2013 Full-Time Hires

Base Salaries by Industry

  Percent (%) Average ($) Median ($) Min ($) Max ($)
Financial services 30 108,008 100,000 56,000 175,000

Investment banking

14 101,345 100,000 56,000 130,000

Investment
management

7 109,067 100,000 90,000 135,000

Private equity

2 140,000 150,000 120,000 150,000

Other

7 113,819 115,000 80,000 175,000
Consulting 27 128,296 135,000 86,000 140,000
Technology 13 114,346 115,000 90,000 130,000
Consumer goods, retail 10 103,875 105,000 80,000 130,000
Manufacturing 6 108,411 105,000 102,600 120,000
Healthcare, pharmaceuticals 5 110,000 107,500 90,000 130,000
Energy 3 112,000 110,000 100,000 125,000
Real estate 3 128,000 120,000 100,000 180,000
Other* 3 n/a n/a n/a n/a
All industries 100 115,031 115,000 56,000 180,000
*Values are excluded where the sample size is too small.  

Base Salaries by Function

  Percent (%) Mean ($) Median ($) Min ($) Max ($)
Consulting 35 125,703 132,500 90,000 140,000
Finance 33 108,000 100,000 56,000 175,000

Underwriting,
advising

11 103,333 100,000 100,000 130,000

Investment
management

8 104,400 100,000 56,000 135,000

Corporate
finance

6 103,909 100,000 80,000 125,000

Private equity,
venture capital

2 133,750 135,000 115,000 150,000

Real estate

2 116,250 120,000 100,000 125,000

Other

4 116,714,  116,000 86,000 175,000
General management 18 110,308 108,000 90,000 180,000
Marketing 10 111,748 113,500 90,000 130,000
Other 4 109,750 112,500 90,000 120,000
All functions 100 115,031 115,000 56,000 180,000

Base Salaries by Location

  Percent (%) Mean ($) Median ($) Min ($) Max ($)
United States 89 116,271 115,000 80,000 180,000
Northeast (CT, ME, MA, NH, NJ, RI, VT) 54 117,215 120,000 90,000 180,000

New York

26 113,612 100,000 90,000 175,000

Boston

25 122,163 125,000 90,000 180,000

Other

3 107,000 100,000 90,000 140,000
West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 18 116,912 115,000 90,000 135,000

San Francisco
Bay Area

10 119,118 120,000 100,000 135,000

Other

8 114,706 115,000 90,000 135,000
Midwest (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI) 7 113,522 105,500 102,600 135,000
Southwest (AZ, CO, NM, OK, TX) 4 109,286 105,000 80,000 135,000
Mid Atlantic (DL, DC, MD, PA, VA, WV) 3 111,167 102,500 80,000 150,000
South (AR, AL, FL, GA, KY, LA, MI, NC, SC, TN) 3 117,500 120,000 90,000 140,000
Outside U.S.  11 105,046 105,000 56,000 136,000
Asia 5 101,818 105,000 56,000 136,000
Europe 3 110,660 109,000 105,000 120,959
Other 3 105,500 103,000 100,000 116,000
All locations 100 115,031 115,000 56,000 180,000

All data as of September, 2013.