MBA
EMPLOYMENT
REPORT
TUCK SCHOOL OF BUSINESS
AT DARTMOUTH
2022
2
MESSAGE FROM THE EXECUTIVE DIRECTOR
Leading companies around the world have long valued Tuck
MBAs. And our employment data for the class of 2022 emphasizes
the high esteem with which Tuck graduates are regarded—and
rewarded.
The median total compensation for the class of 2022 surged to
$205,000, soundly eclipsing the previous record of $180,000. The
median starting base salary rose to $175,000—up from $150,000
a year ago—and the median signing bonus remained steady at
$30,000 with 93 percent of the class receiving a sign-on bonus.
Thanks to Tuck’s rigorous curriculum, Tuck students graduate
prepared to make an impact at the firms they join. Top companies
around the world recognize that. The robust oers received by graduates in the class of 2022 are
a testament to the work they put in during their two years at Tuck, setting themselves up for great
success.
Of the most recent class, 98 percent received a job oer within three months of graduation, and 96
percent accepted oers within the same timeframe. Among international Tuck graduates seeking
employment, 98 percent received oers within three months and 98 percent accepted oers.
The top industries for graduates were consulting, financial services, technology, and the triplet
of health care, biotech, and pharma. Forty-seven percent of the graduating class secured roles
in consulting, 20 percent in finance, 11 percent in technology, and nine percent in health care/
biotech/pharma. Median base salaries rose for graduates across those top four broad industries
when compared to Tuck’s 2021 employment data.
During times of uncertainty, such as we have had in recent years, you need leaders in your
organization that can balance their hard skills with a healthy level of empathy and an ability to thrive
in teams. Tuck MBAs can, by and large, be plugged into any group environment and find success
because they are adept at creating spaces where people can bring their best selves to the table.
This makes them essential to not only the top consulting firms in the world but top companies in
any industry.
Best,
Stephen Pidgeon T'07
Executive Director, Tuck Career Services
3
TUCK CLASS OF 2022
FULL-TIME EMPLOYMENT
CLASS OF 2022 OFFERS AND ACCEPTANCES BY 3 MONTHS AFTER GRADUATION
GRADUATES
U.S. PERMANENT WORK AUTHORIZATION
NON-PERMANENT WORK AUTHORIZATION (U.S.)
TOTAL GRADUATES SEEKING JOBS
SEEKING JOBS
193
62
255
%
98
98
98
#
189
61
250
%
96
98
96
#
185
61
246
OFFERS ACCEPTANCES
The graduation date for the full-time MBA class of 2022 was June 12, 2022.
TUCK CLASS OF 2022
GRADUATES
SEEKING EMPLOYMENT
NON-SEEKING EMPLOYMENT
COMPANY-SPONSORED; ALREADY EMPLOYED
CONTINUING EDUCATION
POSTPONING JOB SEARCH
STARTING A NEW BUSINESS
NOT SEEKING FOR OTHER REASONS
NO RECENT INFORMATION AVAILABLE
TOTAL GRADUATES
%
90
9
3
2
0
2
1
0
100%
STUDENTS
193
20
7
5
0
5
3
1
214
%
94
6
0
3
0
0
3
0
100%
STUDENTS
62
4
0
2
0
0
2
0
66
U.S. PERMANENT
WORK AUTHORIZATION
NON-PERMANENT
WORK AUTHORIZATION (U.S.)
TOTAL FULL-TIME
MBA GRADUATES
%
91
9
3
3
0
2
2
0
100%
STUDENTS
255
24
7
7
0
5
5
1
280
TYPE
ANNUAL BASE SALARY
1
SIGNING BONUS
2
1
Compensation information is self-reported. Salary data was obtained from 88% of those
graduates who were seeking employment and accepted a job offer by 3 months after graduation.
2
Of the 88% of graduates reporting salary data, 93% reported receiving a signing bonus.
CLASS OF 2022 COMPENSATION SUMMARY
MEDIAN ($)
175,000
30,000
RANGE ($)
95,000 - 200,000
5,000 - 128,500
OFFERS AND
ACCEPTANCES
COMPENSATION
98%
OFFERS RECEIVED
96%
ACCEPTANCES
93%
RECEIVED
SIGN-ON BONUS
$175,000
MEDIAN BASE
ANNUAL SALARY
$30,000
MEDIAN
SIGN-ON BONUS
4
CLASS OF 2022 FULL-TIME EMPLOYMENT, BY LOCATION
WEST
12%
NORTHEAST
59%
SOUTHWEST
6%
MIDWEST
8%
ASIA 1%
CANADA 1%
EUROPE 1%
SOUTH
5%
MID-ATLANTIC
8%
CONSULTING
FINANCE
MARKETING
GENERAL MANAGEMENT
OPERATIONS, LOGISTICS
OTHER
INFORMATION TECHNOLOGY
51%
20%
13%
10%
4%
2%
1%
CLASS OF 2022 EMPLOYMENT, BY JOB FUNCTION
Values that are greater than 0 but less than 1 are rounded to 1 to show presence. Numbers may not add to 100 due to rounding.
CLASS OF 2022 EMPLOYMENT, BY INDUSTRY
CONSULTING
FINANCIAL SERVICES
TECHNOLOGY
HEALTH CARE, PHARMA, BIOTECH
CONSUMER GOODS, RETAIL
ENERGY
MANUFACTURING
GOVERNMENT, NONPROFIT, EDUCATION
MEDIA, ENTERTAINMENT, SPORTS
REAL ESTATE
TRANSPORTATION
OTHER
47%
20%
11%
9%
5%
2%
2%
2%
1%
1%
1%
1%
Values that are greater than 0 but less than 1 are rounded to 1 to show presence. Numbers may not add to 100 due to rounding.
TUCK CLASS OF 2022
FULL-TIME EMPLOYMENT CONTINUED
5
TUCK CLASS OF 2022
PLACEMENT AND COMPENSATION SUMMARY
BASE COMPENSATION, BY INDUSTRY
INDUSTRY
CONSULTING
FINANCIAL SERVICES
INVESTMENT BANKING
OTHER FINANCE
INVESTMENT MANAGEMENT
PRIVATE EQUITY, VENTURE CAPITAL
TECHNOLOGY
HEALTHCARE, PHARMA, BIOTECH
CONSUMER GOODS, RETAIL
ENERGY
MANUFACTURING
GOVERNMENT, NON-PROFIT, EDUCATION
MEDIA, ENTERTAINMENT, SPORTS
REAL ESTATE
TRANSPORTATION
OTHER
ALL INDUSTRIES
PERCENT (%)
47
20
13
3
2
2
11
9
5
2
2
2
1
1
1
1
100
BASE SALARY
RANGE ($)
105,292 - 192,000
100,000 - 200,000
150,000 - 185,000
100,000 - 159,000
125,000 - 190,000
100,000 - 200,000
129,000 - 185,000
118,000 - 185,000
100,000 - 155,000
*
135,000 - 175,000
95,000 - 185,000
*
*
*
*
95,000 - 200,000
MEDIAN ($)
175,000
175,000
175,000
133,000
150,000
120,000
140,000
130,000
126,000
*
135,000
140,000
*
*
*
*
175,000
MEDIAN SIGNING
BONUS ($)
30,000
50,000
50,000
25,000
40,000
*
35,000
35,000
32,500
*
45,000
*
*
*
*
*
30,000
PERCENT RECEIVING
SIGNING BONUS (%)
99
85
100
71
75
0
92
95
75
50
100
67
0
100
100
50
93
SIGNING BONUS
RANGE ($)
9,877 - 60,000
5,000 - 60,000
10,000 - 60,000
5,000 - 50,000
30,000 - 57,500
*
5,000 - 128,500
5,000 - 80,000
25,000 - 40,000
*
30,000 - 45,000
*
*
*
*
*
5,000 - 128,500
FUNCTION
CONSULTING
FINANCE
INVESTMENT BANKING
PRIVATE EQUITY, VENTURE CAPITAL
CORPORATE FINANCE
INVESTMENT MANAGEMENT
OTHER FINANCE
MARKETING
GENERAL MANAGEMENT
OPERATIONS, LOGISTICS
OTHER
INFORMATION TECHNOLOGY
ALL FUNCTIONS
BASE COMPENSATION, BY FUNCTION
PERCENT (%)
51
20
13
4
1
1
1
13
10
4
2
1
100
BASE SALARY
RANGE ($)
105,292 - 192,000
100,000 - 200,000
150,000 - 185,000
100,000 - 200,000
125,000 - 140,000
*
*
95,000 - 185,000
120,000 - 175,000
110,000 - 175,000
100,000 - 138,000
*
95,000 - 200,000
MEDIAN ($)
175,000
175,000
175,000
150,000
132,500
*
*
140,000
131,300
132,000
132,500
*
175,000
MEDIAN SIGNING
BONUS ($)
30,000
50,000
50,000
*
35,000
*
*
30,000
40,000
30,000
30,000
*
30,000
PERCENT RECEIVING
SIGNING BONUS (%)
99
87
100
29
100
100
100
83
95
78
75
100
93
SIGNING BONUS
RANGE ($)
9,877 - 60,000
5,000 - 60,000
40,000 - 60,000
*
27,000 - 43,000
*
*
5,000 - 128,500
5,000 - 80,000
6,500 - 53,000
10,000 - 35,000
*
5,000 - 128,500
BASE COMPENSATION, BY LOCATION
LOCATION
UNITED STATES
NORTHEAST (CT, ME, MA, NH, NJ, NY, RI, VT)
BOSTON
NEW YORK
OTHER
WEST (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY)
SAN FRANCISCO BAY AREA
SEATTLE
LOS ANGELES
OTHER
MID-ATLANTIC (DC, DE, MD, PA, VA, WV)
MIDWEST (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI)
CHICAGO
OTHER
MINNEAPOLIS-ST. PAUL
SOUTHWEST (AZ, CO, NM, OK, TX)
SOUTH (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN)
OUTSIDE U.S.
ASIA
CANADA
EUROPE
ALL LOCATIONS
PERCENT (%)
97
59
29
29
1
12
6
4
1
1
8
8
5
1
1
6
5
3
1
1
1
100
MEDIAN BASE
SALARY ($)
175,000
175,000
165,000
175,000
135,000
165,000
175,000
148,000
165,000
*
175,000
175,000
175,000
*
*
175,000
175,000
127,439
*
*
*
175,000
BASE SALARY
RANGE ($)
95,000 - 200,000
95,000 - 200,000
110,000 - 192,000
95,000 - 200,000
125,000 - 135,000
100,000 - 190,000
120,000 - 175,000
100,000 - 175,000
130,000 - 175,000
*
100,000 - 190,000
118,000 - 192,000
120,000 - 192,000
*
*
135,000 - 192,000
100,000 - 192,000
105,292 - 159,772
*
*
*
95,000 - 200,000
Values are excluded where the sample
size is too small. Values that are greater
than 0 but less than 1 are rounded to
show presence.
Totals may not add to 100 due to
rounding.
All data as of October 2022.
6
"I’ve taken Tuck’s mission to heart. I will
always be working on my leadership skills,
but I have also become more cognizant
about my impact on others in and out of
the workplace."
— Jean Rieuthavorn T’22, Strategic Partnerships,
Lyft Healthcare
7
CLASS OF 2022 FULL-TIME EMPLOYERS
3Degrees Group
Alexander Group
Alpha Square Group
Altman Solon
Amazon
American Express
American Industrial Partners
Analysis Group
Anheuser-Busch InBev
Available Power
Bacardi USA
Bain & Company
Bank of America Securities
Banyan Global
Barclays
Better Ventures
Boston Consulting Group
Brightside
C3.ai
Cambridge Associates
Carlyle Group
Citi
Consolidated Edison
Corning
Courier Health
CVS Health
Danaher
DaVita
Deloitte
Devoted Health
DICK'S Sporting Goods
Digital Currency Group
Discover Financial Services
Ecolab
Envista
Ernst & Young
Evercore Partners
EY-Parthenon
Federal Bureau of Investigation
Fidelity
Formlabs
Genentech
Goldman Sachs
Google
Grain Management
Guggenheim Partners
Harris Williams
Indeed.com
Innosight
IQVIA
Iron Ox
J.P. Morgan
Jefferies Financial Group
Kearney
Keystone Strategy
L.E.K. Consulting
Lazard
Liberty Mutual
Lyft
Manatt, Phelps & Phillips
Marathon Capital
MassHealth
McKinsey & Company
Microsoft
Midunu
Monument Group
New York Times Company
Nike
Oak Street Health
Oliver Wyman
Optum
Orion Infrastructure Capital
Oui Capital
PAR Technology
PepsiCo
Pfizer
Philips
PJT Partners
Procter & Gamble
Raymond James Financial
RBC Capital Markets
Russell Reynolds Associates
Sanofi
ServiceNow
Tamr
Target
The Chartis Group
The Clorox Company
The Forest Road Company
The Madison Square Garden Company
The Urban Grape
Trio New College Network
Tyson Foods
Tyton Partners
UBS
Upstart
Vertex Pharmaceuticals Incorporated
Visa
Wayfair
Welltower
Williams College
Wilson Perumal & Company
World Wildlife Fund
Zitara
8
TUCK CLASS OF 2022
SUMMER INTERNSHIPS
BASE COMPENSATION, BY LOCATION
LOCATION
UNITED STATES
NORTHEAST (CT, ME, MA, NH, NJ, NY, RI, VT)
NEW YORK
BOSTON
OTHER
WEST (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY)
SEATTLE
SAN FRANCISCO BAY AREA
OTHER
MIDWEST (IL, IN, IA, KS, MI, MN, MO, NE, ND, OH, SD, WI)
CHICAGO
MINNEAPOLIS-ST. PAUL
OTHER
MID-ATLANTIC (DC, DE, MD, PA, VA, WV)
SOUTHWEST (AZ, CO, NM, OK, TX)
SOUTH (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN)
OUTSIDE U.S.
EUROPE
ASIA
CANADA
LATIN AMERICA AND THE CARIBBEAN
ALL LOCATIONS
PERCENT (%)
95
55
29
24
2
19
8
7
4
7
4
2
2
5
5
4
5
2
2
1
1
100
MEDIAN MONTHLY
BASE SALARY ($)
13,646
14,167
14,541
13,921
8,000
9,663
9,393
9,667
9,533
10,000
12,200
8,017
9,604
11,527
13,758
14,500
7,730
10,874
6,000
*
*
13,000
FUNCTION
CONSULTING
FINANCE
INVESTMENT BANKING
PRIVATE EQUITY, VENTURE CAPITAL
CORPORATE FINANCE
INVESTMENT MANAGEMENT
OTHER FINANCE
MARKETING
OTHER
GENERAL MANAGEMENT
OPERATIONS, LOGISTICS
INFORMATION TECHNOLOGY
HUMAN RESOURCES
ALL FUNCTIONS
BASE COMPENSATION, BY FUNCTION
BASE COMPENSATION, BY INDUSTRY
INDUSTRY
CONSULTING
FINANCIAL SERVICES
INVESTMENT BANKING
INVESTMENT MANAGEMENT
PRIVATE EQUITY, VENTURE CAPITAL
OTHER FINANCE
TECHNOLOGY
HEALTHCARE, PHARMA, BIOTECH
CONSUMER GOODS, RETAIL
MANUFACTURING
REAL ESTATE
ENERGY
MEDIA, ENTERTAINMENT, SPORTS
OTHER
GOVERNMENT, NON-PROFIT, EDUCATION
TRANSPORTATION
ALL INDUSTRIES
PERCENT (%)
38
21
14
3
2
2
18
10
5
2
2
1
1
1
1
1
100
MONTHLY BASE
SALARY RANGE ($)
3,175 - 15,167
1,000 - 18,750
12,500 - 18,750
6,000 - 14,583
1,000 - 9,250
6,000 - 13,166
2,827 - 13,000
3,800 - 10,833
3,380 - 10,833
4,050 - 10,400
5,200 - 9,187
8,000 - 11,250
*
*
*
*
1,000 - 18,750
MEDIAN MONTHLY
BASE SALARY ($)
14,500
14,583
14,583
10,747
5,000
11,267
9,250
9,100
8,500
9,533
8,320
11,250
*
*
*
*
13,000
PERCENT (%)
40
22
14
3
2
1
1
15
10
7
4
1
1
100
MONTHLY BASE
SALARY RANGE ($)
3,033 - 15,167
1,000 - 18,750
12,500 - 18,750
1,000 - 9,250
4,507 - 11,267
6,000 - 14,583
5,200 - 12,500
2,000 - 12,821
3,380 - 14,500
4,050 - 10,747
6,400 - 11,250
*
*
1,000 - 18,750
MEDIAN MONTHLY
BASE SALARY ($)
14,500
14,583
14,583
5,000
9,267
11,867
8,900
8,500
9,393
9,208
9,250
*
*
13,000
MONTHLY BASE
SALARY RANGE ($)
1,667 - 18,750
2,000 - 18,750
2,000 - 18,750
3,175 - 15,167
4,050 - 9,208
3,380 - 15,167
8,840 - 15,167
3,380 - 14,583
6,933 - 14,582
5,200 - 15,167
7,800 - 15,167
7,886 - 14,500
5,200 - 14,600
7,800 - 15,167
1,667 - 14,600
6,000 - 14,600
1,000 - 17,330
1,000 - 13,141
3,405 - 17,330
*
*
$1,000 - $18,750
Values are excluded where the sample
size is too small. Values that are greater
than 0 but less than 1 are rounded to
show presence.
Totals may not add to 100 due to
rounding.
All data as of October 2022.
9
Andrew Kaestle T'17
EXPERIENCE
Bain; Ernst & Young
EDUCATION
University of San Diego
FOCUS
Consulting
3M
Adobe Systems
AENU
Aeris Partners
AKQA
Alger
Alloy Therapeutics
Altman Solon
Amazon
American Century Investment Company
American Express
American Tower Corporation
Analysis Group
Anduril Industries
Anheuser-Busch InBev
Antin Infrastructure Partners
Antler VC
Atlassian
Bain & Company
Bank Jago
Bank of America Securities
Barclays
Bizydev
Block Renovation
BoldVoice
Boston Consulting Group
Broadreach Capital Partners
Brunswick Corporation
BVI Medical
Capital One
Checkr
Colgate-Palmolive
Corning
Credit Suisse
Cruise
CVS Health
Danaher
DaVita
Deloitte
DICK'S Sporting Goods
Divvy Engagement Solutions
Ecolab
Eli Lilly
Envista
EY-Parthenon
Fanatics
Fidelity
Firefly Aerospace
Foundation Medicine
frog design
Goldman Sachs
Google
Graham Partners
Guggenheim Partners
Gusto
Halp
Hines
Indeed.com
Innosight
Intuit
J.P. Morgan
Jefferies Financial Group
Johnson & Johnson
Kearney
Keystone Strategy
L.E.K. Consulting
Lazard
LinkedIn Corporation
Maev
Maine Venture Fund
Marathon Digital Holdings
Mars & Co
Marsh & McLennan Companies
McDonald's
McKinsey & Company
Meta
Microsoft
Morgan Stanley
Neuberger Berman
New Balance
NextEra Energy
Nike
Nomura Securities International
Optum
Pacific Lake Partners
Palantir Technologies
PepsiCo
Pfizer
Pimco
Piper Sandler & Co.
PJT Partners
Raymond James Financial
RBC Capital Markets
Riot Games
Ripple
Rivian Automotive
Sanofi
Schramsberg Vineyards
ServiceNow
Simon-Kucher & Partners
SimpliSafe
Starwood Capital Group
The Bridgespan Group
The Madison Square Garden Company
The Vanguard Group
Thermo Fisher Scientific
Thirty Madison
Thompson Thrift
TopQuadrant
Trailhead Capital
TRINITY
Trove
Tyson Foods
UBS
UCLA Health System
Ukio
United Road
UPMC Healthcare
Vertex Pharmaceuticals Incorporated
Warmly
Wayfair
West Monroe Partners
WillowTree
CLASS OF 2022 INTERNSHIP EMPLOYERS
"It was important to me that my MBA
experience come with a bit of stretch;
that I would be challenged personally and
professionally."
— Kevin White T’22, Sr. Product Manager, Amazon
Web Services
TUCK CAREER SERVICES ADVISERS
WWW.TUCK.DARTMOUTH.EDU/MBA/CAREER-SERVICES/MEET-OUR-TEAM
STEPHEN PIDGEON T'07
EXECUTIVE DIRECTOR
EXPERIENCE
McKinsey & Company, television and
movie production
EDUCATION
University of Westminster, Tuck MBA
FOCUS
Media & Entertainment
MARC AQUILA T’07
EXPERIENCE
Dartmouth College, RSG, John Deere, Columbia Business
School
EDUCATION
Columbia University, Tuck MBA
FOCUS
General Management, Health Care
CAROLINE CANNON T’98
EXPERIENCE
Consultant in start-ups and turn-around, entrepreneur
(co-founder of InspiringKids, Inc., Clarisond, Inc.,
and more), Renaissance Consulting (now Balanced
Scorecard Collaborative)
EDUCATION
UNC Chapel Hill, Tuck MBA
FOCUS
Social Impact, Entrepreneurship, Marketing
SARAH DIGIACOMO
EXPERIENCE
Dartmouth College, St. Lawrence University
EDUCATION
SUNY Potsdam, St. Lawrence University (MEd)
FOCUS
Targeted job search, Energy
ANDREW KAESTLE T'17
EXPERIENCE
Bain; Ernst & Young
EDUCATION
University of San Diego, Tuck MBA
FOCUS
Consulting
LAURA MOGILNER T'08
EXPERIENCE
Google, Fintech, Cleantech, Start-ups
EDUCATION
University of Illinois, Tuck MBA
FOCUS
Technology, West Coast
DEIRDRE O’DONNELL
EXPERIENCE
Lehman Brothers; xed income,
global diversity recruiting
EDUCATION
St. Lawrence University
FOCUS
Finance (all aspects, including
real estate)
AGNIESZKA (AGA) SYPNIEWSKA
EXPERIENCE
Business communication and career, language, and writing
coaching, University of Central Florida, Florida Atlantic
University, and Nanyang Business School, Singapore
EDUCATION
Szczecin University, University of Central Florida MBA
FOCUS
International students
Career Services
Tuck School of Business at Dartmouth
100 Tuck Hall
Hanover, NH 03755-9000
Tel: 603-646-2461
tuck.career[email protected]
www.tuck.dartmouth.edu
www.tuck.dartmouth.edu/careers
© 2023 Trustees of Dartmouth College. All rights reserved.