Penn State Smeal College of Business - 2020-2021 Undergraduate

Overall Outcomes Statistics Across All Business Majors

Penn State Smeal College of Business 1

Penn State Smeal College of Business

2020-2021 Undergraduate

Outcomes Report

Full-Time | Internship | Co-op

Overall Outcomes Statistics: All Business Majors*

Penn State Smeal College of Business 2

*Data was collected through an optional student survey distributed prior to Summer 2020, Fall 2020, and Spring 2021

commencements. We received 458 of 1,725 graduating student responses prior to graduation. Within three months of

the graduating semester, 607 new records were added utilizing feedback from LinkedIn for a total knowledge rate of

61.8%. Knowledge rate is signicantly down from previous years due to the lack of ability to survey on campus as a result

of the COVID-19 pandemic.

Student Outcomes at Graduation by Population

Total

Full-Time Employment 81.4%

Post-Graduation Internship 1.4%

Military <1%

Entrepreneurship <1%

Further Education/Fellowship 13.5%

Still Seeking 2.5%

Students Reporting

Internships/Co-ops

85%

$7,051

Average

Signing Bonus

49%

Received

a Bonus

$5,345

Average

Relocation Bonus

31%

Received

a Bonus

$63,668

Average

Full-Time Starting

Salary

$22.73

Average Internship

Pay Per Hour

97.5%

+6.5% from

2019-2020

of students were

placed within

three months of

graduation.

84%

of students with

an internship

were paid.

85%

of students reported 1

or more internship/co-

op, of those, 66%

had 2+ Internships/

co-ops

Full-Time Employment Statistics

Penn State Smeal College of Business 3

Students accepted full-time positions in 32 states and international locations (based on 693 known outcomes).

Student Placement by Geographic Location

PA: 30.6%

NY: 21%

NJ: 8.5%

VA: 5%

MA: 4.8%

MD: 3.9%

CA, DC: 2.5%

IL: 2.2%

CT, FL, GA, TX: 2%

Other States: Less than 2% each

All Other States: 0%

International: 2%

Salary by Geographic Location

West: $75,800

Northeast: $68,476

Midwest: $67,692

Southwest: $62,571

South: $61,567

Mid-Atlantic: $60,136

Placement by Major Overview

Penn State Smeal College of Business 4

Major Placement Rate*

Average

Salary

Average

Signing

Bonus

% Receiving

Signing

Bonus

Average

Relocation

Bonus

% Receiving

Relocation

Bonus

Accounting 95.7% $61,760 $6,500 16.7% $4,500 16.7%

MAcc 100% $62,705 $3,909 25.6% $1,333 7%

Actuarial Science 94.4% $77,325 $7,389 90% $2,500 30%

CIENT 93.3% $57,333 $6,200 71% $7,000 43%

Finance 98.1% $68,108 $9,339 57% $4,369 20%

Management 94.3% $57,653 $7,711 56% $6,500 25%

Management

Information Systems

98.3% $69,939 $6,927 48% $4,200 22%

Marketing 96.2% $54,142 $4,313 50% $6,250 33%

Risk Management:

Enterprise

100% $61,150 $5,444 82% $3,875 36%

Risk Management:

Real Estate

100% ** ** ** ** **

Supply Chain and

Information Systems

98.3% $64,695 $6,808 52% $5,951 43%

*% placed includes: Full-time job oers, further education/fellowship, entrepreneurship, post-graduate internship, and military.

**Not enough data to report.

Top Hiring Companies (Full-Time)

Penn State Smeal College of Business 5

hires

10-19

Hires

Burlington, JPMorgan Chase & Co., PNC Financial Services

7-9 Hires

Bank of America Corp, Goldman Sachs, Grant Thornton, SEI, TJX

Companies, Vanguard

5-6 Hires

Capital One, Cigna, Citi, Clark Associates, Enterprise, The Estée

Lauder Companies, Gopu, The Hershey Company, IBM, Johnson

& Johnson, L’Oreal, Lockheed Martin, Manhattan Associates,

Morgan Stanley, Textron, Walmart

3-4 Hires

Accenture, ADP, ALDI, BDO, BlackRock, Dick’s Sporting Goods,

Flywheel Digital, M&T Bank, Macy’s, Mars Incorporated,

Medtronic, Mandelez International, Nestlé, New York Life

Insurance Company, Prudential Financial, Parker Hannin, Ross

Stores, Inc., Shaw Industries, Siemens, UBS, Unilever

2 Hires

3M, Addison Group, ALKU, Altria, Aon, Baker Tilly, BNYMellon,

CBIZ, Coventry, Danaher, Dell Technologies, Deutsche Bank,

DHL, EisnerAmper, First National Bank, Fisher Investments,

Ford Motor Company, Freedom Mortgage, Hearts & Science,

Honeywell, Insight Global, Lincoln Financial Group, Merck & Co.,

NetSuite, New Day USA, Newell Brands, NewRez, Northwestern

Mutual, PGIM, Piper Sandler, PPG Industries, Publicis Health,

Raymond James, RBC, Reckitt Benckiser, Reynolds America, Inc.,

RSM, Stanley Black & Decker, Synchrony Financial, Syneos Health,

Toyota, Trans Union, Truist Securities, US Steel, Veeva Systems

hires

Top Hiring Companies (Internship/Co-Op)

Penn State Smeal College of Business 6

hires

10-14

Hires

Amazon, Bank of America, JPMorgan Chase & Co., Morgan Stanley,

PepsiCo, PNC Financial Services

6-8 Hires

The Boeing Company, Grant Thornton, The Hershey Company, IBM,

Prudential Financial, Siemens, Textron, Walmart

4-5 Hires

BNY Mellon, Capital One, Cigna, Citi, Clark Associates, Duetsche Bank,

The Estée Lauder Companies, First National Bank, Lincoln Financial

Group, L’Oreal, Lockheed Martin, Northwestern Mutual, Pzer, QVC, RSM

US LLP, Synchrony Financial, TE Connectivity, UBS, Withum

3 Hires

Baker Tilly, BDO, Colorcon, Diamond Communications, EisnerAmper, GE,

Kohl’s, Mars Incorporated, Merck & Co., Meridian Bank, Mylan, Pinnacle

Polymers, PPG Industries, Qurate Retail Group, Raymond James,

Schneider Downs, TJX Companies

hires

Placement by Major: Accounting & Integrated MAcc

Penn State Smeal College of Business 7

Overall Accounting Student Outcomes

(Knowledge Rate: 93/180, 51.7%)

Full-Time Oers 48.4%

Further Education/Fellowship 45.2%

Post-Graduation Internship 2.2%

Still Seeking 4.3%

% with 1+ internship 84.4%

- BDO

- EY

- PwC

- EY

- PwC

Average Salary

- Full-Time: $61,760

- Intern: $22.19 hourly

- 85.2% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $6,500

- Percentage of students receiving a bonus:

16.7%

Relocation Bonuses

- Average Relocation Bonus: $4,500

- Percentage of students receiving a bonus:

16.7%

Top Hiring Companies

Full-Time Internship

Overall Integrated MAcc Student Outcomes

(Knowledge Rate: 81/112, 72.3%)

Full-Time Oers 97.5%

Further Education/Fellowship 1.2%

Post-Graduation Internship 1.2%

- EY

- Deloitte

- KPMG

- PwC

- EY

- Deloitte

- Federated In-

vestors

- First County

Bank

- KPMG

- Mylan N.V.

- Parker Hannin

- PwC

- Schneider

Downs

Average Salary

- Full-Time: $62,705

Signing Bonuses

- Average Signing Bonus: $3,909

- Percentage of students receiving a bonus:

25.6%

Relocation Bonuses

- Average Relocation Bonus: $1,333

- Percentage of students receiving a bonus: 7%

Top Hiring Companies

Full-Time Internship

Placement by Major: Actuarial Science

Penn State Smeal College of Business 8

Overall Student Outcomes

(Knowledge Rate: 18/23, 78.3%)

Full-Time Oers 88.9%

Further Education/Fellowship 5.6%

Still Seeking 5.6%

% with 1+ internship 83.3%

Top Hiring Companies: Full-Time

Average Salary

- Full-Time: $77,325

- Intern: $24.63 hourly

- 100% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $7,389

- Percentage of students receiving a bonus: 90%

Relocation Bonuses

- Average Relocation Bonus: $2,500

- Percentage of students receiving a bonus: 30%

Top Hiring Companies: Internships

- Cigna

- Lincoln Finacial Group

- Transamerica

- Cigna

- Deloitte

$7,389

Average

Signing Bonus

90%

Received a Bonus

$77,325

Average

Full-Time Salary

Placement by Major: Corporate Innovation and Entrepreneurship

Penn State Smeal College of Business 9

Overall Student Outcomes

(Knowledge Rate: 30/62, 48.4%)

Full-Time Oers 70%

Further Education/Fellowship 6.7%

Entrepreneurship 3.3%

Military 3.3%

Still Seeking 6.7%

% with 1+ internship 80%

- Amazon

- Oracle

- Amazon

Average Salary

- Full-Time: $57,333

- Intern: $16.17 hourly

- 50% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $6,200

- Percentage of students receiving a bonus: 71.4%

Relocation Bonuses

- Average Relocation Bonus: $7,000*

- Percentage of students receiving a bonus: 42.9%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

$6,200

Average

Signing Bonus

71.4%

Received a Bonus

$57,333

Average

Full-Time Salary

Placement by Major: Finance

Penn State Smeal College of Business 10

Overall Student Outcomes

(Knowledge Rate: 265/432, 61.3%)

Full-Time Oers 81.9%

Further Education/Fellowship 15.8%

Post-Graduation Internship <1%

Still Seeking 1.9%

% with 1+ internship 87.4%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

- Citi

- Deloitte

- EY

- Goldman Sachs

- JPMorgan Chase & Co.

- KPMG

- PNC Financial Services

- SEI

- UBS

- The Boeing Company

- JPMorgan Chase & Co.

- KPMG

- Morgan Stanley

- Northwestern Mutual

- PNC Financial Services

Average Salary

- Full-Time: $68,108

- Intern: $23.16 hourly

- 83% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $9,339

- Percentage of students receiving a bonus: 57%

Relocation Bonuses

- Average Relocation Bonus: $4,369

- Percentage of students receiving a bonus: 20%

$9,339

Average

Signing Bonus

57%

Received a Bonus

$68,108

Average

Full-Time Salary

Placement by Major: Management

Penn State Smeal College of Business 11

Overall Student Outcomes

(Knowledge Rate: 53/108, 49.1%)

Full-Time Oers 77.4%

Further Education/Fellowship 13.2%

Entrepreneurship 1.9%

Post-Graduation Internship 1.9%

Still Seeking 5.7%

% with 1+ internship 55%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

- Addison Group

- ALDI

- Amazon

- Enterprise

- PepsiCo

- Amazon

- The Pennsylvania State University

Average Salary

- Full-Time: $57,653

- Intern: $17.41 hourly

- 72.7% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $7,711

- Percentage of students receiving a bonus: 56.3%

Relocation Bonuses

- Average Relocation Bonus: $6,500

- Percentage of students receiving a bonus: 25%

$7,711

Average

Signing Bonus

56.3%

Received a Bonus

$57,653

Average

Full-Time Salary

Placement by Major: Management Information Systems

Penn State Smeal College of Business 12

Overall Student Outcomes

(Knowledge Rate: 60/91, 65.9%)

Full-Time Oers 93.3%

Further Education/Fellowship 3.3%

Military 1.7%

Still Seeking 1.7%

% with 1+ internship 75%

- Deloitte

- KPMG

- Manhattan Associates

- Oracle

- PwC

- Veeva Systems

- Deloitte

- Grant Thornton

- KPMG

- Visa

- TJX Companies

Average Salary

- Full-Time: $69,939

- Intern: $25.67 hourly

- 82.6% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $6,927

- Percentage of students receiving a bonus: 47.8%

Relocation Bonuses

- Average Relocation Bonus: $4,200

- Percentage of students receiving a bonus: 21.7%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

$6,927

Average

Signing Bonus

47.8%

Received a Bonus

$69,939

Average

Full-Time Salary

Placement by Major: Marketing

Penn State Smeal College of Business 13

Overall Student Outcomes

(Knowledge Rate: 182/278, 65.5%)

Full-Time Oers 85.7%

Further Education/Fellowship 7.1%

Entrepreunership <1%

Post-Graduation Internship 2.7%

Still Seeking 3.8%

% with 1+ internship 78.7%

- Amazon

- Burlington

- Flywheel Digital

- Oracle

- PepsiCo

- Publicis Health Media, LLC

- TJX Companies

- Burlington

- Colorcon

- Lutron

- The Pennsylvania State University

- PepsiCo

- Qurate Retail Group

- QVC

Average Salary

- Full-Time: $54,142

- Intern: $19.10 hourly

- 69.5% of junior year internships were

paid

Signing Bonuses

- Average Signing Bonus: $4,313

- Percentage of students receiving a bonus: 29.6%

Relocation Bonuses

- Average Relocation Bonus: $6,250

- Percentage of students receiving a bonus: 33%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

$4,313

Average

Signing Bonus

29.6%

Received a Bonus

$54,142

Average

Full-Time Salary

Placement by Major: Risk Management

Penn State Smeal College of Business 14

Overall Student Outcomes

(Knowledge Rate: 40/65, 61.5%)

Full-Time Oers 77.5%

Further Education/Fellowship 20%

Post-Graduation Internship 2.5%

% with one internship 94.4%

- EY

- Goldman Sachs

- Morgan Stanley

- Synchrony Financial

Average Salary

- Full-Time: $61,150

- Intern: $17.20 hourly

- 73.3% of junior year internships were paid

Signing Bonuses

- Average Signing Bonus: $5,444

- Percentage of students receiving a bonus: 82%

Relocation Bonuses

- Average Relocation Bonus: $3,875

- Percentage of students receiving a bonus: 36.4%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

Risk Management - Enterprise Risk Management - Real Estate

Overall Student Outcomes

(Knowledge Rate: 16/26, 61.5%)

Full-Time Oers 75%

Further Education/Fellowship 25%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

Average Salary

- Not enough information to report.

Signing Bonuses

- Not enough information to report.

Relocation Bonuses

- Not enough information to report.

Placement by Major: Supply Chain and Information Systems

Penn State Smeal College of Business 15

Overall Student Outcomes

(Knowledge Rate: 227/346, 65.6%)

Full-Time Oers 85%

Further Education/Fellowship 8.8%

Military 2.6%

Post-Graduation Internship 1.7%

Still Seeking 1.7%

% with 1+ internship 84%

- Amazon

- Burlington

- Clark Associates

- Deloitte

- The Estée Lauder Companies

- GoPu

- The Hershey Company

- KPMG

- Lockheed Martin

- L’Oreal

- Manhattan Associates

- Medtronic

- Mandelez

- Oracle

- Parker Hannin

- PepsiCo

- PwC

- Walmart

- The Estée Lauder Companies

- The Hershey Company

- IPS

- Johnson & Johnson

- Lockheed Martin

- L’Oreal

- PepsiCo

- PwC

- Walmart

Average Salary

- Full-Time: $64,695

- Intern: $22.69 hourly

- 84.6% of junior year internships were

paid

Signing Bonuses

- Average Signing Bonus: $6,808

- Percentage of students receiving a bonus: 52.2%

Relocation Bonuses

- Average Relocation Bonus: $5,951

- Percentage of students receiving a bonus: 43.3%

Top Hiring Companies: Full-Time

Top Hiring Companies: Internships

$6,808

Average

Signing Bonus

52.2%

Received a Bonus

$64,695

Average

Full-Time Salary

Thank You to Our 2020-2021 Corporate Partners!

Penn State Smeal College of Business 16