By Barbara Hewitt
This weekend Penn will welcome lots of families to campus. It’s a great time for Penn students to show what they’ve been up to since returning to campus last month. Career Services will host an open house for families on Friday afternoon (October 5th, 2:30 – 4:00 in Suite 20, McNeil). We hope to see you there!
During our open houses, we always gets lots of questions from parents about the outcomes of Penn graduates. Do they find jobs? What sorts of graduate programs do they attend? When do most students receive offers? How much will they make? (In other words…. “Can they afford to move out of the house and live on their own?”.)
Fortunately, the Career Services staff devotes extensive time and energy to surveying our students about both internship and post-graduate outcomes, so we can answer these questions accurately and with very specific data. You can find information about Penn undergraduate students and undergraduate alumni here. Information on graduate students can be found from the main graduate student landing page:
Where in the world do Penn graduates wind up?
We’ve recently completed the Career Plans Survey from the Wharton Undergraduate Class of 2012. You can see the complete survey here, but following are a few highlights:
• 88.1% of graduates entered the workforce, while 5.3% pursued further education and 1.1% indicated they were pursuing “other” activities such as travel. 5.5% indicated they were still seeking employment as of our last follow-up in August.
• The average base salary was $66,916 and the range was $19,200 – $100,000. Most students also received a signing bonus and expected to receive an annual bonus.
• 38.8% of those accepting full-time jobs interned with their postgraduate employer before graduation.
• 8.5% of respondents accepted jobs outside of the United States, with China (Hong Kong), Singapore, and the United Kingdom being the most popular destinations.
• Employers who hired the largest number of Wharton graduates (at least 10) included Goldman Sachs, Boston Consulting Group, Credit Suisse, Morgan Stanley, Barclays Capital, McKinsey, BlackRock, Citi, J.P. Morgan Chase, and Bain & Co. Other employers who hired fewer graduates included Teach for America, the U. S. Congress, the National Football League, Macys, Carnival Cruise Lines, Caesars, and foursquare. Check out the survey for a complete list!
