Career Development Office

home / career development office / employment reports / mfin current report
  • MFin Current Employment Report


    Class of 2013 Profile*  
    Number of Candidates 124
    U.S. Citizens 18%
    Non-U.S. Citizens 82%
    Women 36%
    Average GMAT Score Range 700-760
    Average Undergraduate GPA (out of 4.0) 3.8
    Average Full-Time Work Experience Prior to MIT Sloan 5 months

    *Class profile as of matriculation.


    Class of 2013 Master of Finance Employment Profile


      Number Percent
    Seeking Employment 89 73.5
    Postponing Job Search 19 15.6
    Sponsored & Returning to Company 6 5.0
    Starting a Business 2 1.7
    Continuing Education 2 1.7
    Other Reasons for Not Seeking 1 0.8
    No Information Available 2 1.7
    Total 121* 100

    *Class size increased from 73 in 2012 to 121 in 2013.


    Offer & Acceptance Rates as of October 4, 2013


     
    Total
    Offers in the US
    Offers Outside of the US
    Offers
    87.6%
    58.8%
    28.8%
    Acceptances
    76.4%
    57.6%
    18.8%

    Base Salary


      Mean Median Low High
    US Citizens & Permanent Residents $76,250 $72,500 $65,000 $100,000
    Non-US Citizens $75,751 $72,500 $27,000 $140,000
    Total $75,827 $72,500 $27,000 $140,000

    Job Acceptances by Industry


      Percent
    Finance: Investment Management 33.8
    Finance: Investment Bank 22.1
    Finance: Diversified Financial Services 7.4
    Finance: Private Equity/Venture Capital 3.0
    Consulting 22.1
    Software/Internet 5.9
    Energy 2.9
    Retail 1.4
    Pharmaceutical/Healthcare 1.4

    Job Acceptances by Functional Area


      Percent
    Finance: Analyst Research 26.3
    Consulting 25.0
    Finance: Investment Management 17.6
    Finance: Investment Banking 11.8
    Finance: Sales & Trading 7.4
    Finance: Other* 7.4
    Finance: Treasury 1.5
    Leadership Development Program / General Management 1.5
    Operations/Project Management 1.5

    *Finance: Other includes Corporate Finance and M&A.


    Source of Job


      Percent
    School-Facilitated 63.2
    On-campus Interviewing, Job Postings, Résumé Database, Alumni/Faculty Referrals, Club Events  
    Student-Facilitated 36.8
    Contacted Directly, Previous Employer, Online Job Board, Personal Network  

    Employers Hiring Members of the Master of Finance Class of 2013


    A.T.Kearney
    Acadian Asset Management
    AIG (American International Group, Inc.)
    AIM Consulting
    Aksia LLC
    Altman Vilandrie & Company
    Analysis Group, Inc.
    Applied Predictive Technologies
    Bain & Company, Inc.
    Barclays
    Bayview Asset Management
    BlackRock*
    Boehringer Ingelheim Pharmaceuticals, Inc.
    Boston Consulting Group*
    Citi*
    CITIC SECURITIES
    CMR Business Consulting
    Consolidated Trading LLC
    CorpBanca NY
    Dartmouth Endowment
    Deloitte Consulting*
    Deutsche Bank
    FDO Partners, LLC
    FFTW
    Fidelity Investments
    GE Capital
    Goldman Sachs Group*
    ICBC International
    Lewtan
    Loomis Sayles & Co., LP
    Lunar Capital
    McKinsey & Company*
    Millstein & Co.
    Morgan Stanley*
    National Grid
    NERA Economic Consulting
    Oliver Wyman Group*
    PA Consulting Group
    Pareto Securities
    Peak6 Investments
    Picoco LLC
    Quantitative Management Associates
    Schlumberger Business Consulting
    Sequoia Capital
    Sigma Rose LLC
    Snow Lake Capital
    Standard Life Investments
    State Street Corporation*
    Sun Life Financial
    UBS
    VY CAPITAL
    Walmart

    Bolded companies hired at least 2 Master of Finance graduates in 2013.

    * Companies who have hired Master of Finance graduates for the last three years.

    Companies in red have hired at least one Master of Finance graduate since the inception of the program.

    [ top ]