Tuck School of Business has a rich history as one of the first professional schools in existence at Dartmouth College. As one of the first graduate schools for management in the world, it soon became the model for graduate schools offering MBA degrees. The school is known as one of the top schools for careers in business leadership. This is backed up by the statistics released in the most recent Tuck School of Business Employment Report.
The program’s close campus community sets it apart from other MBA programs. After graduation, students are integrated into a network of uber-loyal Dartmouth alumni who continually give back to the school.
The first year at Tuck is centered around the core curriculum and marked by the First-Year project course. This hands-on project requires students to apply the knowledge they’ve acquired during their first year to solve real problems for companies. In the second year, students can specialize in the area of their choice by taking elective courses.
For more information about the Tuck School of Business program, click here. In this article, we’ll be covering Tuck School of Business MBA salary and employment data.
Tuck School of Business Salary & Employment Data
This article will give an overview of the Tuck School of Business Employment Report. We’ll cover:
- Popular Industries for Tuck School of Business MBAs
- Companies Typically Hiring Tuck School of Business MBAs
- Average Tuck School of Business MBA Salary
- Tuck School of Business MBA Signing Bonus
- Tuck School of Business Employment Report
Popular Industries for Tuck School of Business MBAs
As can be expected with a top business school like Tuck, consulting is the #1 industry graduates go into. Finance and tech take 2nd and 3rd, respectively, but both lag behind consulting quite a bit. Here are the rest of the Tuck School of Business MBA Industries, according to the school’s employment report:
- Consulting: 42%
- Financial Services: 21%
- Technology: 15%
- Health Care, Pharma, Biotech: 8%
- Consumer Goods, Retail: 5%
- Manufacturing: 3%
- Government, Nonprofit, and Education: 2%
- Media, Entertainment, Sports: 1%
- Real Estate: 1%
- Energy: 1%
- Transportation: 1%
Companies Typically Hiring Tuck School of Business MBAs
With 42% of the 2020 class accepting consulting jobs, the chances of breaking into this field as a graduate of Tuck are high. Bain, BCG, and McKinsey all hire a number of Tuck MBAs every year, along with other notable firms like Accenture and Deloitte.
Companies hiring Tuck MBAs:
- Adobe Systems
- American Express
- American Tower Corporation
- Analysis Group Inc.
- Bain & Company
- Bank of America Securities
- Boston Consulting Group
- Credit Suisse
- Goldman Sachs
- J.P. Morgan
- L.E.K. Consulting
- McKinsey & Company
- Morgan Stanley
- New Balance
- The Vanguard Group
- Walmart Global eCommerce
Average Tuck School of Business MBA Salary
The average salary for Tuck graduates is $143,867. This doesn’t include additional compensation like signing or performance bonuses. For management consultants, the average salary is a bit higher at $157,631.
You have to factor in the high cost of tuition when considering business schools, but the ROI post-Tuck may be well worth it.
Average Tuck School of Business MBA Salary By Region
In this section, we’ll look at the average Tuck MBA salary by region. Ninety-two percent of graduates accepted jobs in the United States. The average salary for these graduates was $146,241. The range was $80,000 to $200,000. The region with the highest average salary was the southwest (AZ, CO, NM, OK, TX), at $152,273.
As is normal, US salaries are higher than any other country. Outside the US, graduates secured jobs in Asia, Europe, Canada, and Latin America. The average salary for MBAs outside the US was $113,298. The range was from $64,167 to $145,000.
Tuck School of Business MBA Signing Bonus
What is the average Tuck MBA signing bonus? Signing bonuses for 2020 Tuck MBAs ranged from $5,000 to $140,000. The average signing bonus was $34,171.
Other notable monetary statistics:
- Median first-year base salary: $150,000
- Median signing bonus: $30,000
- Mean first year base salary and signing bonus totals: $178,038
- 88% of graduates received a signing bonus
- 94% of Tuck’s most recent graduates received a job offer within three months after graduation
- 92% accepted positions within three months
Tuck School of Business Employment Report
The Tuck School of Business Employment Report gives an overview of employment and compensation broken up by industry, role, and location. The data looks especially promising for those pursuing a career in consulting, with 42% accepting jobs in this industry. Tuck credits this – and more students landing jobs in finance – with the overall increase in compensation.
The average Tuck MBA salary for consultants was $157,631. This is nearly $14,000 higher than the overall average salary of $143,867. The closest competing salary by industry was in investment banking, at $148,940.
If you’re looking for what sets Tuck apart, degrees available, program details, info about the campus, and more, click here. If you need help with your application, reach out today. We can help you put your best foot forward as you take the next step in your career.