Hire an MBA

Employment Report


Hiring Organizations



A Message From the Directors

Greetings! We are happy to provide to you the placement information for the Haas Class of 2000 and summer internship data for the Class of 2001. We would like to thank all of the recruiting firms and individuals who have participated in the recruiting process at Haas this year. We hope you will continue to be involved in the many opportunities to meet Haas students including job fairs, panel speaking opportunities, mentoring, on campus recruiting, and much more. We look forward to working with you to meet your recruiting needs in the coming year and as they evolve over time.

We think you will find this information interesting. Please let us know if you have any questions about the data and trends that follows.

Ilse Evans
Executive Director, MBA Admissions and Career Management

Abby Scott
Director of Career Management
abby@haas.berkeley.edu

[top of page]

The MBA Class of 2000

The MBA Class of 2000: Career Trends

It probably comes as no surpirse that technology is the industry of choice among Haas MBA graduates, with 37.7% of the class going to work in this sector.

Consulting was the second industry of choise with 26.2% of the class, a slight jump from the year before. Investment Banking/Brokerage remained steady at 15.7%. With recent increases in the number of traditional firms recruiting on campus, it is likely that these numbers will continue to grow.

The median annual base salary for the Class of 2000 increased 9% to $85,000, while the average base salary reached $90,000.

The average total compensation package (excluding stock options) was $128,300, up 14% from 1999, and a two year increase of almost 23%, or $24,000.

The average total bonus for the Class of 2000 was $45,600.

The number of students who reported stock options also increased, from 29% in 1999 to 37% in 2000.



Notes on chart: Blue = average base salary, Orange = average total bonus, Yellow = average total compensation

[top of page]

The MBA Class of 2000: A Profile


May 2000 graduates 241
Women 38%
Minority 27%
International 34%
Average age at enrollment 28 years
Average work experience 5 years


[top of page]

The MBA Class of 2000: Top Employers

The following employers (listed in alphabetical order) hired three or more Haas graduates in 2000.

A.T. Kearney, Inc.
Accenture
Arthur D. Little
Bain & Company
Charles Schwab
The Clorox Company
Goldman Sachs
Hewlett-Packard/Agilent Technologies
The McKenna Group
McKinsey and Company
marchFIRST
Pittiglio, Rabin, Todd and McGrath (PRTM)
SG Cowen
Siebel Systems, Inc.

[top of page]

The MBA Class of 2000: Top Industries


Industry Percentage
Technology 37.7%
Consulting 26.2%
Financial Services 23.0%


[top of page]

The MBA Class of 2000: Top Functions


Function Percentage
Finance 27.7%
Consulting 26.2%
Marketing 21.5%
General Management 20.9%


[top of page]

The MBA Class of 2000: Source of Career Position

The increase in networking as a source of employment is not surprising given the number of Haas students who choose to work at companies that do not have formalized recruiting programs. As a result, the Haas Career Center has expanded its efforts in creating these opportunities as well as formally teaching students how to take advantage of them.

Source Percentage
On-Campus Recruiting 33.0%
Other (networking, proactive search, etc.) 29.8%
Summer Internships 15.7%
Haas Contact (alumni, faculty, etc.) 9.9%
Haas Job Fair 3.7%
Haas Resume Directory 3.1%
Haas Job Listing 2.6%
Former Employer (not sponsored) 2.1%


[top of page]

The MBA Class of 2000: Industry Summary

Base Salary %  
Industry % of Class Average Average Bonus Receiving options Average Total Compensation
Airlines/ Automotive/ Travel 1.6 N/A N/A 0 N/A
Consulting 26.2 97,000 45,200 14.0 140,400
Consumer Products/ Retail 3.6 79,400 28,600 40.0 108,800
Financial Services 23.0 84,400 78,000 15.9 160,600
Commercial Banking / Diversified Financial Services 3.1 77,500 9,800 16.7 87,000
Investment Banking/ Brokerage 15.7 82,700 69,100 16.7 151,800
Investment/ Portfolio Management 1.0 N/A N/A 0 N/A
Venture Capital 3.1 103,000 217,500 16.7 284,200
Healthcare/ BioTech 2.1 93,500 49,300 50.0 130,500
Not-For-Profit 2.1 59,800 N/A 0 61,000
Real Estate 2.1 75,600 41,500 25.0 106,800
Technology 37.7 90,700 24,100 68.1 107,800
Internet* 24.6 93,000 21,700 70.2 105,500
Diversified Tech 2.1 83,800 16,600 50.0 100,400
Electronics 2.6 84,100 15,900 40.0 100,000
Semiconductors 1.6 N/A N/A 100.0 N/A
Software 3.7 91,300 43,300 86.7 128,400
Telecommunications 3.1 88,000 28,600 50.0 116,600
Utilities/ Energy 1.0 N/A N/A 0 N/A
Widely Diversified Manufacturing 0.5 N/A N/A 100.0 N/A
Total 100% 90,000 45,600 36.5% 128,300


Notes:

  1. Salaries are self reported. N/A indicates 1.6 percent or less reporting.
  2. Bonus - Figures include signing bonus, guaranteed annual bonus, educational reimbursements, relocation and any other form of guaranteed compensation (does not include stock options).
  3. Stock Options are reported as the % within the category that received options.


*INTERNET INDUSTRY SUBCATEGORIZED:



[top of page]

The MBA Class of 2000: Function Summary


Base Salary %
Function % of Class Average Average Bonus Receiving options Average Total Compensation
Consulting 26.2 96,600 44,600 12.1 139,500
Finance 27.7 85,400 74,400 24.5 155,200
General Financial Services 2.1 75,000 40,300 75.0 115,300
Private Industry Finance 8.4 82,300 26,300 43.8 107,000
Corporate Finance/ Investment Banking 8.4 83,600 88,400 0 172,000
Investment/ Portfolio Management 0.5 N/A N/A 0 N/A
Private Client Services 1.0 N/A N/A 0 N/A
Research 2.1 89,800 45,600 0 135,400
Sales & Trading> 1.0 N/A N/A 0 N/A
Venture Capital 4.2 101,000 181,700 37.5 237,200
General Management 20.9 91,200 26,500 67.5 107,100
Business Development 11.5 85,700 33,000 68.2 105,200
General Management 1.0 N/A N/A 50.0 N/A
Operations/Production Management 1.0 N/A N/A 100.0 N/A
Project Management 3.1 117,200 10,200 33.3 125,700
Strategic/Business Planning> 4.2 91,900 25,900 87.5 111,300
Marketing 21.5 85,100 23,100 56.1 104,800
Brand/Product Management 13.6 85,400 22,800 50.0 105,600
General Marketing 6.8 85,900 21,600 69.2 102,600
Merchandising/Retail 1.0 N/A N/A 50.0 N/A
Real Estate 2.1 75,600 41,500 25.0 106,800
Real Estate Asset Management 0.5 N/A N/A 100.0 N/A
Real Estate Development 1.6 N/A N/A 0 N/A
Other 1.0 N/A N/A 0 N/A
Total 100% 90,000 45,600 36.5% 128,300


Notes:

  1. Salaries are self reported. N/A indicates 1.6 percent or less reporting.
  2. Average Bonus - Figures include signing bonus, annual bonus, educational reimbursements, relocation and any other form of guaranteed compensation (does not include stock options).
  3. Stock Options are reported as the % within the category that received options.


[top of page]

The MBA Class of 2000: Location Summary


Base Salaries
Location % of Class Average Average Bonus Average Total Compensation
United States 88.4 88,400 45,300 126,100
West 76.8 88,700 40,600 121,900
Middle Atlantic 0.5 N/A N/A N/A
Midwest 1.1 N/A N/A N/A
Northeast 7.6 83,100 89,700 166,400
South 1.6 N/A N/A N/A
International 12.4 100,400 51,600 147,500
Asia 4.7 103,900 64,000 153,700
Central/South America 1.1 N/A N/A N/A
Europe 5.8 102,300 43,600 145,900
Total 100% 90,000 45,600 128,300


Notes:

  1. Salaries are self reported. N/A indicates 1.6 percent or less reporting.
  2. Bonus - Figures include signing bonus, guaranteed annual bonus, educational reimbursements, relocation and any other form of guaranteed compensation (does not include stock options).


[top of page]

The MBA Class of 2001

The MBA Class of 2001: Summer Internship Trends

The MBA Class of 2001 continued to favor summer jobs in the technology industry by a wide margin - 45.0%, including an unprecedented 28.9% working in the Internet sector. Among those pursuing dot-com opportunities, e-consulting and entertainment/media were the number one choices.

Finance was the top functional area, with 27.7% of the class opting to do their internships in this area, up from 22.6% the year prior. Business development also saw huge gains, from 8.8% to 15.5%, and Venture Capital as a function more than doubled from 2.0% to 4.7%.

Consulting as a chosen industry dropped slightly to 14.9%. However, 22.3% of the class went into consulting as a function, the same level as last year. While student interest in consulting remains steady, the number of consulting positions within other industries, such as Internet or other technology companies, incrased.

The median monthly salary was $6,000, up 14% from last year.

42% of the class reported receiving a bonus and the average bonus was $3,500.

Some students also reported receiving stock options for their summer internships.

Internships located in the western US were the choice of 76.9% of the class.

International internships (16.0%) decreased just slightly from last year.

[top of page]

The MBA Class of 2001: A Profile


Students in class of 2001 241
Women 33%
Minority 22%
International 31%
Average age at enrollment 28 years
Average years of work experience 5 years


[top of page]

The MBA Class of 2000: Top Employers for Summer Internships

The following employers (listed in alphabetical order) hired three or more Haas summer interns in 2000.

A.T. Kearney
Adobe Systems
Charles Schwab
Genentech, Inc.
Goldman Sachs
Healtheon/WebMD
Hewlett-Packard Company/Agilent Technologies
Kaiser Permanente
McKinsey & Co.
Sun Microsystems

[top of page]

The MBA Class of 2001: Top Industries


Function Percentage
Technology 45.3%
Financial Services 29.7%
Consulting 14.9%


[top of page]

The MBA Class of 2001: Top Functions


Function Percentage
Finance 27.7%
Marketing 25.0%
General Management 23.0%
Consulting 22.3%


[top of page]

The MBA Class of 2001: Source of Summer Internship

Given that so many Haas students opted for internships in Internet or other smaller Technology companies, it is not surprising that networking was the number one internship source.


Source Percentage
Other (networking, proactive search, etc.) 33.0%
On Campus Interview 28.3%
Haas Contact (alumni, faculty, etc.) 17.8%
Haas Job Fair 5.8%
Haas Resume Directory 5.8%
Haas Career Center Job Listing 5.2%
Own Business 2.1%
Former Employer (not sponsored) 1.0%


[top of page]

The MBA Class of 2001: Industry Summary


Industry % of Class Average Monthly Salary Average Bonus % Receiving Bonus
Consulting 14.9 7,900 3,100 54.5
Consumer Products/Retail 2.8 5,200 N/A 25.0
Education 0.7 N/A N/A N/A
Entertainment 1.4 N/A N/A N/A
Financial Services 29.7 5,900 4,500 56.0
Investment Banking/Brokerage 20.1 6,700 4,900 58.6
Diversified Financial Services 0.7 N/A N/A N/A
Investment/Portfolio Management 2.0 5,300 N/A 33.3
Venture Capital 6.7 4,100 1,200 40.0
Healthcare/Biotech 2.7 5,400 0 0
Not-For-Profit 0.7 N/A N/A N/A
Technology 45.3 5,900 2,300 35.4
Telecommunications 5.4 5,800 2,500 50.0
Software 3.4 6,300 N/A 25%
Semiconductors 1.4 N/A N/A N/A
Electronics 4.0 6,100 2,200 66.6
Diversified High Tech 2.0 6,900 8,100 100
Internet* 28.9 5,700 1,900 24.4%
Utilities/Energy 2.0 6,200 0 0
Total 100.0 6,100 3,500 42.0


Notes: Salaries are self-reported. N/A indicates 1.4 percent or less reporting.

*INTERNET INDUSTRY SUBCATEGORIZED:



[top of page]

The MBA Class of 2001: Function Summary


Function % of Class Average Monthly Salary Average Bonus % Receiving Bonus
Consulting 22.3 6,900 3,000 45.2
Finance 27.7 6,100 4,200 63.4
General Financial Services 5.4 7,300 4,000 88.9
Investment/Portfolio Management 2.0 6,900 6,000 100
Corporate Finance / Investment Banking 2.7 7,500 N/A 33.3
Private Client Services 3.4 7,500 5,250 100
Research> 0.7 N/A N/A N/A
Sales & Trading> 1.4 N/A N/A N/A
Private Industry Finance 7.4 5,200 3,500 36.4
Venture Capital 4.7 3,800 660 42.9
General Management 23.0 5,300 3,900 23.5
Business Development> 15.5 6,100 4,100 30.4
General Management 0.7 N/A N/A N/A
Management Information Systems 0.7 N/A N/A N/A
Project Management 0.7 N/A N/A N/A
Strategic Business Planning 5.4 6,100 0 0
Marketing 25.0 5,700 2,100 30.6
Advertising 0.7 N/A N/A N/A
Brand/Product Management 7.4 6,000 2,800 30%
General Marketing> 12.1 5,500 1,800 33.3
Market Research 4.0 5,500 N/A 17.7
Merchandising/Retail 0.7 N/A N/A N/A
Other 1.4 N/A N/A N/A
Total 100.0 6,100 3,500 42.0


Notes: Salaries are self-reported. N/A indicates 1.4 percent or less reporting.

[top of page]

The MBA Class of 2001: Location Summary for Summer Internships


Region % of Class Average Monthly Salary Average Bonus % Receiving Bonus
US 85.4 6,200 3,600 38.0
West 76.4 6,000 2,900 34.6
Northeast 5.6 7,700 6,100 75.0
Middle Atlantic 0.7 N/A N/A N/A
South 0.7 N/A N/A N/A
Southwest 0.7 N/A N/A N/A
International 16.0 6,100 3,300 63.6
South America 6.3 5,300 2,400 55.6
Europe 4.9 7,100 3,600 71.4
Asia 2.8 6,900 4,000 75.0
Total 100.0 6,100 3,500 42.0


Notes: Salaries are self-reported. N/A indicates 1.4 percent or less reporting.

[top of page]

Haas School MBA Students: Hiring Organizations

The following organizations hired one or more Haas students in 2000 for career or summer positions. Note: Links to the websites of most of these firms can be found at the List of the Recruiting Companies.


    Company

    @Road, Inc
    3Com Corporation
    A.T. Kearney, Inc.
    Abilizer
    Acer Technology Ventures
    Active Research
    Adobe Systems
    Agilent Technologies
    Air Liquide America Corporation
    AllAdvantage.com
    Alliant Partners
    AllOptic
    Altius Solutions
    Amazon.com, Inc.
    Andavo
    Accenture
    Apexon
    Apple
    Arthur Andersen LLP
    Arthur D. Little, Inc.
    Attivo Software
    AuctionFlow
    Audiobasket.com
    AvantGo, Inc.


    B2P Commerce
    Bain & Company
    Banc of America Securities
    BancBoston Robertson Stephens
    Banco Popular
    Bargain America
    Bear, Stearns and Company, Inc.
    Bechtel Enterprises
    Bidcom, Inc.
    Blue-C
    Booz-Allen & Hamilton
    Boston Consulting Group, The
    Boulanger
    buzzsaw.com


    Cacheon
    Cambridge Business Development Center
    Carol Franc Buck Breast Care Center
    Catapulse, Inc.
    Cellular One
    Cephren, Inc.
    Chamberlin Associates
    Charles Schwab
    Chase H & Q
    Chevron Corporation
    Citibank
    Clorox Company, The
    Cluster Consulting
    CoCoLink
    Community Vocational Enterprises
    Conrad.com
    CopperCom
    Covad Communications
    Credit Suisse First Boston
    Crescendo Ventures
    Crowdburst
    Crystal Internet Venture Funds
    CSC Healthcare Group
    Cypress Semiconductor


    Dain Rauscher Wessels
    Decidir.com
    Deloitte Consulting
    Department of Veteran Affairs
    Digiscents
    Dodge & Cox
    Donaldson, Lufkin and Jenrette
    DuPont Co.


    ecEngines
    Edgar, Dunn and Company
    Elizabeth & Stephen Bechtel, Jr. Foundation
    EMOL.com
    Endeavor Initiative, Inc., The
    epinions.com
    Ericsson, Inc.
    Ernst and Young LLP
    eSamsung (HK) Ltd.
    eTranslate, Inc.
    Evite.com
    Excite@Home


    Federal Home Loan Bank of San Francisco
    Fibercycle Networks
    Financial Engines
    Financial Network for Women
    Ford Motor Company


    Gap, Inc.
    Garage.com
    Genentech, Inc.
    Geoworks
    Gilder, Gagnon & Howe
    Goldman Sachs
    Guidant Corporation


    Hamilton - HMC (Kurt Salmon & Assoc.)
    Healinx
    Healtheon/WebMD
    HelloBrain.com
    Hewlett-Packard Company/Agilent Technologies
    HomeGain.com
    Homestead .com
    Hummer Winblad


    i-loft, Inc.
    IBM
    iJacker.com, Inc.
    iMotors
    Informano Networks
    Inktomi Corporation
    Intel Corporation
    International Finance Corporation
    Internet Holdings S.A.
    Internetian Inc
    Interwoven, Inc.
    Intraware
    ITU Ventures
    Ituner Networks Corp.
    iXL


    J.P. Morgan


    Kaiser Permanente
    Kivera


    Lam Research Corporation
    Legacy Partners
    Lehman Brothers
    Levi Strauss & Company
    LG Venture Investment Inc.
    Listen.com
    Live365
    Los Alamos National Laboratory
    Loudcloud, Inc.
    Lucasfilm Ltd.
    Lucent Technologies
    Lufthansa German Airlines


    Macromedia, Inc.
    Macy's
    McKenna Group, The
    McKinsey and Company
    Mercer Management Consulting
    Merrill Lynch
    Microsoft Corporation
    Minds & Technology
    Mitchell Madison Group, a USWeb Company
    Mongo Music
    Morgan Stanley Dean Witter
    Morgan Stanley Venture Partners
    Motorola, Inc.
    Mousse Partners
    move.com
    mrebel


    Napster, Inc.
    NBC Internet, Inc.
    Neokem S.A.
    Nestle USA, Inc.
    Netnoir
    Netscape Communications
    Newfront Productions
    Nicholas-Applegate Capital Management
    Nomura Reserch Institute, Ltd.
    Nortel Networks
    Novell


    Octane Software
    Olesky Capital
    OpenTV
    Opportunity Capital Partners
    Optimal Auctions
    Organic Online, Inc.


    Panoramic Interests
    Paramark
    Personify, Inc.
    Phone.com
    Pittiglio, Rabin, Todd and McGrath (PRTM)
    Planned Parenthood
    Plantagenet Capital, LLC
    Plurimi
    Polycom
    Portera
    Procter & Gamble
    Prophet Market Research & Consulting, Inc.
    Providian Financial
    Putnam Investment Management


    Quantum Corporation
    Quokka Sports
    Quova Communication
    Quris


    Rawson, Blum & Leon
    RemitNet
    Roland Berger & Partners


    Safeway
    Salomon Smith Barney
    SAP
    Sapient Corporation
    Sargasso Partners
    Sega.com
    Sevin Rosen Funds
    SG Cowen Securities Corporation
    Shockwave.com
    Siebel Systems, Inc.
    Silicon Image
    Simplexis.com
    smarterwork.com
    Softbank
    Space Systems Loral
    Squaretrade Inc.
    Star TV
    Starion Instruments Corp.
    Sun Microsystems
    Swander & Pace
    Symyx Technologies
    Systems Fusion


    Tauck Foundation
    Technocan SA
    Telephia
    Tenrec
    Terranova
    Towers Perrin
    Tradeweave
    turbolinux


    U.S. Bancorp Piper Jaffray
    Utility.com


    VerticalNet
    Viant
    Virtual Learn
    Visa International
    Visualize


    Webley Systems
    Wellington Partners
    Wells Fargo Bank
    WeVest.com
    Wilson/Equity Office LLC
    Wingspring


    zaptag
    ZDNet
    Zefer
    zipRealty.com


[top of page]