MBA Employment Trends: 10-Year Summary

BY INDUSTRY

Accepting Employment by Industry 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
SERVICE INDUSTRIES 74.2% 74.2% 77.4% 74.7% 79.4% 81.6% 78.7% 76.1% 76.2% 75.8%
Consulting 32.1% 33.7% 31.2% 28.3% 31.1% 30.7% 31.6% 32.1% 30.5% 32.1%
Investment Banking 5.9% 6.2% 6.5% 6.5% 7.7% 6.3% 6.6% 3.1% 4.7% 6.1%
Software/Internet 14.0% 16.5% 19.3% 21.4% 24.8% 28.7% 26.7% 26.2% 23.9% 25.9%
Retail 1.4% 1.4% 0.6% 1.1% 2.4% 1.7% 2.8% 2.5% 4.4% 4.1%
Investment Management 5.4% 3.8% 3.6% 4.3% 3.5% 4.6% 6.9% 3.1% 3.3% 2.4%
Diversified Financial Services 3.2% 3.1% 2.4% 3.3% 1.4% 3.0% 1.7% 1.6% 3.0% 1.7%
Media/Entertainment 0% 1.4% 2.1% 1.8% 1.0% 1.3% 1.4% 1.6% 2.7%
VC/PE/Hedge Fund 7.2% 6.2% 8.7% 7.2% 5.6% 5.3% 3.8% 5.9% 3.7% 2.7%
Real Estate 1.0%
Service: Other 1.4% 0.9% 1.8% 1.4%
MANUFACTURING INDUSTRIES 23.5% 24.1% 20.5% 23.9% 18.2% 15.4% 18.8% 21.1% 21.7% 21.9%
Computers/Electronics 5.0% 4.5% 3.3% 2.9% 2.1% 1.3% 1.4% 4.1% 5.1% 4.4%
Pharmaceutical/Healthcare/Biotechnology 6.8% 5.8% 6.8% 9.8% 5.6% 5.6% 1.7% 5.3% 5.8% 4.1%
Automotive/Aerospace 4.5% 2.1% 3.3% 3.6% 3.1% 2.3% 5.6% 3.7% 2.7% 4.1%
Telecommunications 3.1%
Oil/Energy 3.2% 2.7% 2.1% 1.8% 1.0% 1.3% 4.2% 1.6% 2.4% 3.4%
Consumer Packaged Goods 1.8% 1.4% 3.0% 4.0% 3.1% 1.3% 3.1% 2.7% 3.3% 2.0%
Manufacturing: Other 2.3% 4.5% 2.1% 1.7% 3.0% 2.8% 3.7% 2.4% 3.4%
GOVERNMENT/NON PROFIT 2.3% 1.7% 2.1% 1.0% 2.4% 1.3% 1.4% 1.2% 2.0%
OTHER 1.7% 1.1% 1.6% 1.4%

– denotes fewer than 3 graduates or less than 1% accepted employment in this industry

BY FUNCTION

% Accepting Employment by Job Function 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Consulting/Strategic Planning 35.7% 37.3% 38.3% 34.8% 39.7% 38.3% 38.5% 38.2% 33.7% 34.1%
Finance 20.8% 19.9% 18.1% 22.3% 16.7% 15.5% 14.0% 15.4% 15.8% 15.5%
     Investment Management 4.1% 4.1% 3.3% 3.6% 3.5% 5.3% 5.6% 5.1% 4.2% 2.4%
     Investment Banking 5.9% 5.5% 5.3% 7.0% 6.7% 5.6% 2.1% 3.4% 4.8% 5.1%
     Sales & Trading 1.1%
     Other 3.6% 10.3% 9.5% 11.7% 6.5% 4.6% 3.4% 3.8% 6.1% 7.0%
     Research 1.0%
Operations/Project Management 9.0% 8.9% 9.8% 13.2% 12.4% 13.9% 12.9% 12.5% 13.4% 15.0%
General Management/Leadership Development Program 6.8% 6.5% 5.3% 8.8% 5.3% 6.9% 9.8% 8.8% 8.3% 7.8%
Marketing/Sales 2.7% 1.4% 2.4% 1.0% 3.9% 6.3% 4.9% 4.1% 10.3% 9.6%
Product Management/Development 13.6% 16.4% 17.8% 13.2% 16.7% 11.9% 14.7% 11.6% 10.3% 7.5%
Business Development 5.4% 7.2% 5.0% 4.8% 2.8% 3.3% 3.2% 6.6% 6.5% 7.5%
IT 1.0%
Other 1.8% 2.4% 0.9% 1.9% 3.6% 2.0% 1.3% 1.0% 2.0%