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  • MFin Current Employment Report


    Class of 2015 Profile*

       
    Number of Candidates 115
    U.S. Citizens 16%
    Non-U.S. Citizens 84%
    Women 40%
    GMAT Score Range 700-770
    Average Undergraduate GPA (out of 4.0) 3.7
    Average Full-Time Work Experience Prior to MIT Sloan 17.5 months

    *Class profile as of matriculation.


    Class of 2015 Master of Finance Employment Profile


      Number Percent
    Seeking Employment 83 72.2%
    Postponing Job Search 11 9.6%
    Sponsored & Returning to Company 11 9.6%
    Continuing Education  5 4.3%
    Starting a Business 5 4.3%
    Total 115 100%

    Offer & Acceptance Rates as of September 30, 2015


     
    Total
    US
    Outside of the US
    Offers
    92.8%
    69.9%
    22.9%
    Acceptances
    84.3%
    68.7%
    15.6%

    Base Salary


      Mean Median Low High
    US Citizens & Permanent Residents $88,692 $80,000 $62,000 $130,000
    Non-US Citizens $77,153 $80,000 $30,000 $130,000
    Total $79,832 $80,000 $30,000 $130,000

    Job Acceptances by Functional Area


      Percent
    Finance  
    Asset Management 30.5%
    Quantitative Analysis 10.2%
    Research 8.7%
    Transactions (M&A/Securities Issuance/Advisory) 7.2%
    Corporate Finance & Treasury 4.3%
    Sales & Trading 4.3%
    Venture Captial 1.4%
    Other Finance 1.4%
    Consulting  
    Management/Strategy Consulting 20.3%
    Financial /Economic Consulting 2.9%
    Other Business Functions 8.8%

    *Functional areas were clarified and re-categorized in 2014.


    Job Acceptances by Industry


      Percent
    Finance  
    Investment Management 23.3%
    Diversified Financial Services 20.4%
    Banks 14.4%
    Private Equity 8.7%
    Venture Capital 1.4%
    Consulting 24.7%
    Technology 4.3%
    Automotive & Consumer Products 2.8%

    Job Acceptances by Geographic Location


    USA 81.4%
    Asia 15.7%
    Europe 1.4%
    Middle East 1.4%

    Source of Job


      Percent
    School Facilitated (On-campus Interviewing, Job Postings, Resume Database, Alumni/Faculty Referrals, Club Events) 45.5%
    Student Facilitated (Contacted Directly, Previous Employer, Online Job Board, Personal Network) 54.5%

    Employers Hiring Members of the Master of Finance Class of 2015

    A.T. Kearney
    AIG 
    Allen & Company
    Altman Vilandrie & Company
    American Growth Capital Partners
    Analysis Group
    Anbang Group
    Applied Predictive Technologies
    Bain & Company
    Bank of China
    Barclays
    Bessemer Trust
    BlackRock
    Boston Trust and Investment Management Company
    China Southern Asset Management
    Citi*
    Communications Media Advisors
    Consolidated Trading
    Cornerstone Research
    Credigy Solutions
    Deloitte Consulting*
    Epic Systems Corporation
    EverQuote
    Federal Reserve Bank of New York
    Fidelity Investments
    First Eagle Investment Management
    Flint Capital
    General Motors
    Geneva Energy Markets
    Goldman Sachs Group*
    Hancock Natural Resources Group
    KCG Holdings
    Kensho Technologies
    Kraft Heinz Company
    Landmark Partners
    McKinsey & Company*
    MetricStream
    Moody's Corporation
    MSCI
    Murex
    Oliver Wyman Group
    Overland Advisors
    Ping An Securities
    Point Hope Group
    Remitia
    Roland Berger Strategy Consultants
    Rosemark Capital
    Schlumberger Business Consulting
    State Street Corporation*
    T. Rowe Price
    UBS
    Vision Knight Capital
    Volant Trading


    Bolded companies hired at least two Master of Finance graduates in 2015.
    * Companies who have hired Master of Finance graduates for the last three years.



    Master of Finance Contacts

    Career Development Office

    Sue Kline
    Senior Co-Director
    skline@mit.edu
    1-617-253-6149

    Master of Finance Program Office

    Heidi Pickett
    Director
    hpickett@mit.edu
    1-617-258-5434

    Janet Marks
    Senior Co-Director
    jrmarks@mit.edu
    1-617-253-6149




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    The Massachusetts Institute of Technology is committed to the principle of equal opportunity in education and employment. The Institute does not discriminate against individuals on the basis of race, color, sex, sexual orientation, gender identity, religion, disability, age, genetic information, veteran status, ancestry, or national or ethnic origin in the administration of its educational policies, admissions policies, employment policies, scholarship and loan programs, and other Institute administered programs and activities, but may favor US citizens or residents in admissions and financial aid.*

    The Vice President for Human Resources is designated as the Institute’s Equal Opportunity Officer and Title IX Coordinator. Inquiries concerning the Institute’s policies, compliance with applicable laws, statutes, and regulations (such as Title VI, Title IX, and Section 504), and complaints may be directed to the Vice President for Human Resources, Room E19-215, 617-253-6512, or to the Manager of Staff Diversity and Inclusion, Room E19-215, 617-452-4516. In the absence of the Vice President for Human Resources or the Manager of Staff Diversity and Inclusion, inquiries or complaints may be directed to the Executive Vice President, Room 4-204, 617-253-3928, or to the Director of Labor and Employee Relations, Room E19-235N, 617-253-4264, respectively. Inquiries about the laws and about compliance may also be directed to the Assistant Secretary for Civil Rights, US Department of Education.

    *The ROTC programs at MIT are operated under Department of Defense (DoD) policies and regulations, and do not comply fully with MIT’s policy of nondiscrimination with regard to gender identity. MIT continues to advocate for a change in DoD policies and regulations concerning gender identity, and will replace scholarships of students who lose ROTC financial aid because of these DoD policies and regulations.