UNC Kenan-Flagler Business School

Shaping Leaders, Driving Results

UNC Kenan-Flagler Business School

UNC KENAN-FLAGLER NEWS


Career outcomes from the Class of 2013

11/12/2013

UNC Kenan-FlaglerThe most recent graduating classes from the top-ranked MBA, Master of Accounting and Undergraduate Business Programs accepted high-paying jobs in critical growth industries around the world thanks to the comprehensive and well-rounded education and career support that UNC Kenan-Flagler provides for students.

Full-Time MBA Program

The MBA Class of 2013 is well prepared to take on the challenges of working in the nation’s fastest-growing industries, and the proof is in the numbers, said Amy Wittmayer, director of the MBA Career Management Center.

“We continue to focus on West Coast employment (9 percent of the class, an all-time high) and consulting (23 percent), as well as on health care (6 percent),” Wittmayer said. “These investments not only reflect macroeconomic forces and job availability, but also the career interests of our students, creating an ideal match for employers and students.”

Employment highlights for the Class of 2013 include:

  • Average base salary of $105,397, a 3 percent increase over last year’s all-time high base salary of $102,170 driven, in part, by increases in consulting employment and strong increases in salary levels for financial services, technology and real estate
  • 91 percent of students accepted jobs by 3 months after graduation, a 7 percent improvement over the 2012 job acceptance rate 
  • Narrowed gap between international and U.S. student employment narrowed. In years past, this gap was 9-12 percent; for the Class of 2013, the gap was just 4 percent

To view the more results for the MBA Class of 2013, click here.

“These strong employment results, including an all-time high base salary and a six-year high employment rate, are a credit to the Class of 2013, their engaged faculty, a dedicated staff and generous alumni,” Wittmayer said.

Master of Accounting Program

The Master of Accounting (MAC) Program prepares students to navigate the world of accounting and accept positions in top public accounting firms and Fortune 500 companies. 

“The MAC Program historically offers a 98-100 percent offer acceptance rate for U.S. citizens as of graduation in May each year,” said Laurie Compiano, associate director of MAC admissions, recruiting and career services. For the Class of 2013, 35 percent accepted positions in cities outside of North Carolina; 83 percent accepted full-time employment with public accounting firms; and 79 percent of the graduates who accepted offers in public accounting will work for one of the Big 4 firms – Deloitte, EY, KPMG and PwC.

To see the list of companies who recruited on campus or hired students from the Class of 2013, click here to view the employment report summary.

Undergraduate Business Program

The Class of 2013 generated employment results that reinforce the strength of the Undergraduate Business Program.

“Employers ranging from boutique consulting and investment banking firms to Fortune 500 multinational corporations frequently express how impressed they are with UNC Kenan-Flagler’s undergraduate students,” said David Vogel (MBA ’99), associate director for undergraduate business career development and employer relations. “Company representatives often cite that our students have an unusually broad array of leadership and work experiences coupled with a global perspective and a down-to-earth attitude, and that provides a winning combination.”

The average base salary for the Class of 2013 was $58,537, a 7.3 percent increase over 2011. Those employed in the financial services industry (45 percent of the class) began with a mean salary of $63,030, more than any other industry segment. Consulting jobs (20 percent) paid $61,455 on average, followed by healthcare sector jobs, which paid an average salary of $57,625. The highest salaries among 2013 graduates belong to the 21 percent working in the northeastern United States, who reported an average salary of $63,616, followed by the 4 percent who live in the West (including Hawaii and Alaska) who make $63,000 on average. The largest portion of students (28 percent) chose to work in North Carolina, where the average salary was $55,614. The additional 23 percent of students who remained in the South (excluding North Carolina) earn $58,838 on average.

Nearly half of the Class of 2014 accepted summer internships in North Carolina, with an average summer income of $7,580, while 7 percent worked elsewhere in the South. Of those who ventured outside the region, 24 percent worked in the Northeast, earning an average summer income of $10,907.

“Behind each of these numbers is a story,” Wittmayer said. “A student’s hard work and preparation, a committed career professional providing advice and counsel, an outstanding faculty member ensuring our students receive unparalleled instruction, a new employer to campus and an alumnus continuing to advocate for UNC Kenan-Flagler students. It is a privilege for us to play a critical role in these stories.”