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% |
