MBA Employment Trends: 10-Year Summary

BY INDUSTRY

% Accepting Employment by Industry 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
SERVICE INDUSTRIES 77.4 74.7 79.4 81.6 78.7 76.1 76.2 75.8 73.6 72.6 79.5
Consulting 31.2 28.3 31.1 30.7 31.6 32.1 30.5 32.1 33.9 31.9 29.2
Investment Banking 6.5 6.5 7.7 6.3 6.6 3.1 4.7 6.1 6.8 8.1 12.8
Software/Internet 19.3 21.4 24.8 28.7 26.7 26.2 23.9 25.9 15.2 12.2 11.5
Retail 0.6 1.1 2.4 1.7 2.8 2.5 4.4 4.1 8.4 10.0 10.2
Investment Management 3.6 4.3 3.5 4.6 6.9 3.1 3.3 2.4 2.3 1.5 6.2
Diversified Financial Services 2.4 3.3 1.4 3.0 1.7 1.6 3.0 1.7 3.2 5.9
Media/Entertainment 2.1 1.8 1.0 1.3 1.4 1.6 2.7 2.2 2.2 2.0
VC/PE/Hedge Fund 8.7 7.2 5.6 5.3 3.8 5.9 3.7 2.7 1.6 6.0 1.7
Real Estate
Service: Other 1.8 1.4
MANUFACTURING INDUSTRIES 20.5 23.9 18.2 15.4 18.8 21.1 21.7 21.9 24.4 23.3 18.1
Computers/Electronics 3.3 2.9 2.1 1.3 1.4 4.1 5.1 4.4 9.0 6.3 4.6
Pharmaceutical/Healthcare/Biotechnology 6.8 9.8 5.6 5.6 1.7 5.3 5.8 4.1 5.8 4.8 3.6
Automotive/Aerospace 3.3 3.6 3.1 2.3 5.6 3.7 2.7 4.1 1.9 2.2 2.3
Telecommunications 1.9
Oil/Energy 2.1 1.8 1.0 1.3 4.2 1.6 2.4 3.4 1.9 2.9 2.0
Consumer Packaged Goods 3.0 4.0 3.1 1.3 3.1 2.7 3.3 2.0 2.6 3.7
Manufacturing: Other 2.1 1.7 3.0 2.8 3.7 2.4 3.4 1.3 2.6 2.0
GOVERNMENT/NON PROFIT 2.1 1.0 2.4 1.3 1.4 1.2 2.0 2.2 1.3
OTHER 1.7 1.1 1.6 1.4 1.6 1.9 1.1

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

BY FUNCTION

% Accepting Employment by Job Function 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Consulting/Strategic Planning 38.3 34.8 39.7 38.3 38.5 38.2 33.7 34.1 37.4 38.9 35.4
Finance 18.1 22.3 16.7 15.5 14.0 15.4 15.8 15.5 14.3 18.5 24.3
     Investment Management 3.3 3.6 3.5 5.3 5.6 5.1 4.2 2.4 2.6 2.2 5.9
     Investment Banking 5.3 7.0 6.7 5.6 2.1 3.4 4.8 5.1 6.5 4.8 8.5
     Sales & Trading 1.1 1.1
     Other 9.5 11.7 6.5 4.6 3.4 3.8 6.1 7.0 5.2 7.7 7.7
     Research 1.0 3.1 1.1
Operations/Project Management 9.8 13.2 12.4 13.9 12.9 12.5 13.4 15.0 10.6 11.9 9.5
General Management/Leadership Development Program 5.3 8.8 5.3 6.9 9.8 8.8 8.3 7.8 10.0 10.4 10.2
Marketing/Sales 2.4 1.0 3.9 6.3 4.9 4.1 10.3 9.6 8.4 7.8 6.2
Product Management/Development 17.8 13.2 16.7 11.9 14.7 11.6 10.3 7.5 8.4 8.1 6.6
Business Development 5.0 4.8 2.8 3.3 3.2 6.6 6.5 7.5 8.4 2.6 7.2
IT 1.0
Other 0.9 1.9 3.6 2.0 1.3 1.0 2.0 1.9 1.8

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