Class of 2021 Full-Time MBA Employment Report

From the Director

Carly Escue

It is with great excitement that I present the University of Florida’s Employment Report for our Full-Time MBA Class of 2021.

Last year, our Class of 2020 demonstrated the highest level of dedication throughout the pandemic and managed to exceed the prior year’s employment outcomes. This year was no different. Second-years, remembering the shade of uncertainty that the pandemic cast over their internship searches, doubled down on their efforts. And our one-year students, some of whom were impacted by the pandemic in their former companies, didn’t waste any time in getting ready for the MBA recruitment season. Thanks to a market rebound, perseverance of our students, and support by alumni, faculty and staff, we managed to build on our 2020 placement success.

This was a record-breaking year for us in terms of our career outcomes both before and after graduation. 100% of students received offers within three months of graduation. 91.3% accepted offers by graduation, and 97.8% accepted offers within three months of graduation.

Top industries for 2021 were Technology, Retail, Consumer Packaged Goods, and Financial services. Top functions were Marketing/Sales, Finance, Human Capital, and Consulting. This year, median base salary held steady at $110,000, with a median signing bonus of $20K.

Students accepted opportunities with 33 companies, making this one of our most diversified employment classes to-date. Finally, we are proud to share that our graduate facilitated placement percentage increased this year, as we have undertaken a concerted effort to teach our students how to leverage their networks to brighten their career horizons both now, and in the future.

Thank you for your investment and interest in the employment outcomes of the UF MBA Full-time program.

Carly Escue
Director of Graduate Business Career Services
Warrington College of Business
University of Florida

Class Profile id="profile"

Work authorization categoriesPermanent work authorizationNon-permanent work authorizationTotal Full-Time MBA graduates
Seeking employment44246
Company sponsored202
Continuing education000
Postponing job search000
Starting a new business101
Not seeking for other reasons707
Total not seeking employment10010
No recent info available000
Total graduates54256

Employment Highlights

Hiring percentages:

  • Accepted at graduation: 91.3%
  • Accepted within 3 months of graduation: 97.8%
  • Job offers at graduation: 95.6%
  • Job offers within 3 months of graduation: 100%

Top employers:

  • Microsoft
  • Procter & Gamble
  • Ryder
  • The Home Depot
  • 3M

Top industries:

  • Technology
  • Consumer products
  • Financial services
  • Retail

UF MBA Full-Time Rankings

No. 4
Among Publics
2021 Best Masters, Eduniversal
No. 5
Among Publics
2021 Which MBA?, The Economist
No. 6
Among Publics
2021 Global MBA, Financial Times
No. 9
Among Publics
2021 Best Graduate Schools, U.S. News & World Report

Job Offers & Acceptances id="offers-acceptances"

Timing of First Job Offers

StatusTotal seeking jobsOffers by graduationOffers by 3 months after graduationNo offers reported by 3 months post graduation
Permanent work authorization4442 / 95.4%2 / 4.5%0 / 0%
Non-permanent work authorization22 / 100%0 / 0%0 / 0%
Total graduates seeking employment4644 / 95.6%2 / 4.3%0 / 0%

Timing of First Job Acceptances

StatusTotal seeking jobsAccepted by graduationAccepted by 3 months after graduationNo acceptance reported by 3 months post graduation
Permanent work authorization4440 / 90.9%3 / 6.8%1 / 2.2%
Non-permanent work authorization22 / 100%0 / 0%0 / 0%
Total graduates seeking employment4642 / 91.3%3 / 6.5%1 / 2.1%

Notes:

  1. Only includes data for outcomes achieved within 3 months of the student’s graduation date.
  2. The number of students listed under Total Seeking Jobs does not include students who are company-sponsored, continuing education, postponing job search, starting a new business, or not seeking for other reasons.
  3. Permanent Work Authorization is defined as the student being a citizen or permanent resident of the country where attending school.
  4. This report has been developed in accordance with the MBA CSEA FTMBA employment reporting standards.

Business Career Services helped me identify my true strengths and gave me the confidence to share my success with all recruiters. Without Business Career Services, I wouldn’t have found the perfect role after my MBA.

Chelsea Creech
2021 MBA Graduate
Chelsea Creech holding her hands up and laughing with people around her

Primary Source of Full-Time Job Acceptance

School-Facilitated Activities

SourceNumber
Career fair (campus)2
Career fair (national)8
Campus events4
School job board2
Other school-facilitated source1
Resulted from internship5

22 / 49%

Total school-facilitated sources

Graduate-Facilitated Activities

SourceNumber
Career fair (national)1
External job boards6
Alumni outreach/referrals5
Other3
Personal former employer2
Personal friend/family network2
Resulted from internship4

23 / 51%

Total graduate-facilitated sources

Compensation id="compensation"

Base Salary

StatusNumber reporting base salaryPercent reporting base salary [1]MedianMeanLowHigh
Permanent work authorization40100%$100,000$106,083$60,000$165,000
Non-permanent work authorization2100%I/DI/DI/DI/D
Total reporting base salary4293.3%$110,000$106,984$60,000$165,000

[1] Divide number of students reporting base salary by the number of students reporting accepting a position.

Signing Bonus

StatusNumber reporting signing bonusPercent reporting signing bonus [2]MedianMeanLowHigh
Permanent work authorization3069.7%$17,500$22,309$5,000$55,000
Non-permanent work authorization2100%I/DI/DI/DI/D
Total reporting signing bonus3271.1%$20,000$23,258$5,000$55,000

[2] Divide number of students reporting signing bonus by the number of students reporting accepting a position.

North America

RegionMean base salaryLow base salaryHigh base salary
Mid-AtlanticI/DI/DI/D
Midwest$107,415$80,000$125,000
NortheastI/DI/DI/D
South$101,735$60,000$130,000
Southwest$94,022$70,110$118,000
West$115,000$90,000$120,000
North America$105,783$60,000$135,000

Notes:

  1. The percentage of students for whom there is usable salary information is 93.33%. This calculation is made by dividing the number of job-accepting graduates for whom you have usable salary information/total job-accepting graduates.
  2. I/D refers to instances with insufficient data. MBA Standard guidelines require a minimum of three data points for each category and that the number of data points is equal to or greater than one percent of full-time graduates seeking employment. Data points not meeting both requirements will still display the number of employed graduates, but will show “I/D” for all salary calculations.
  3. Accepted offers with remote locations are excluded from calculations.

With its strong network of alumni, the UF MBA program allowed me to gain real insights into opportunities I was interested in. I was able to successfully transfer my skills into an entirely different industry and role.

Erika Nang
2021 MBA Graduate
Erika Nang smiling and holding a toddler

By Industry

FunctionGraduates accepting new employmentGraduates reporting salaryMedian base salaryMean base salaryLow base salaryHigh base salary
Consulting3 / 6.7%2I/DI/DI/DI/D
Consumer products6 / 13.3%6$110,000$120,833$110,000$165,000
Energy2 / 4.4%2I/DI/DI/DI/D
Financial services6 / 13.3%6$97,500$97,500$60,000$135,000
Healthcare3 / 6.7%2I/DI/DI/DI/D
Manufacturing4 / 8.9%4$105,868$108,434$97,000$125,000
Real estate1 / 2.2%1I/DI/DI/DI/D
Retail7 / 15.6%6$110,000$107,500$90,000$130,000
Technology8 / 17.8%8$120,000$116,063$100,000$130,000
Transportation3 / 6.7%3$110,000$108,667$106,000$110,000
Other2 / 4.4%2I/DI/DI/DI/D
Total Reporting45 / 100%42$110,000$106,984$60,000$165,000

By Function

FunctionGraduates accepting new employmentGraduates reporting salaryMedian base salaryMean base salaryLow base salaryHigh base salary
Consulting6 / 13.3%5$90,000$94,000$85,000$110,000
Finance / Accounting9 / 20%9$110,000$105,193$62,000$135,000
General management4 / 8.9%4$120,000$112,500$80,000$130,000
Human resources7 / 15.6%6$100,000$91,685$60,000$110,000
Info technology0 / 0%0I/DI/DI/DI/D
Marketing / Sales10 / 22.2%10$110,000$108,950$75,000$125,000
Operation / Logistics5 / 11.1%5$120,000$125,400$97,000$165,000
Others4 / 8.9%3$120,000$120,000$120,000$120,000
Total Reporting45 / 100%42$110,000$106,984$60,000$165,000

Notes:

  1. The percentage of students for whom there is usable salary information is 93.33%. This calculation is made by dividing the number of job-accepting graduates for whom you have usable salary information/total job-accepting graduates.
  2. The following industry values were excluded due to having no data points: Government, Entertainment, Hospitality, Non-Profit.
  3. I/D refers to instances with insufficient data. MBA CSEA Standard guidelines require a minimum of three data points for each category and that the number of data points is equal to or greater than one percent of full-time graduates seeking employment. Data points not meeting both requirements will still display the number of employed graduates, but will show “I/D” for all salary calculations.

Recognition id="recognition"

Poets and Quants Award Winners

Rachelle Antoine

Rachelle Antoine
MBA Grad to Watch

Kristyn Cadwell

Kristyn Cadwell
Best and Brightest

Perry Dube

Perry Dube
MBA Grad to Watch

Mikaela Medeiros

Mikaela Medeiros
MBA Grad to Watch

University of Denver “Race & Case” Case Competition

MBA Case Competition Team: Kristyn Cadwell, Chelsea Creech, Russell Gardiner and Tyler Palov

Top Team Presentation & 2nd Place Overall:

  • Kristyn Cadwell
  • Chelsea Creech
  • Russell Gardiner
  • Tyler Palov
  • MBA Career Services & Employer Alliance: More than an association. A community.

Compliance Statement: This report has been developed in accordance with the Full-time MBA employment data standards provided by the MBA Career Services and Employer Alliance (CSEA).