Students in the Full-time Berkeley MBA Class of 2015 re-launched their careers with a bang—or ventured out on their own, pursuing startups in record numbers.
More than 95 percent of those seeking jobs secured offers, and by three months after graduation, 94 percent had accepted offers. Their new jobs came with average salaries of $123,043, average signing bonuses of $28,000, and average other compensation of $26,000.
"It was a strong class with a lot of interest from recruiters," said Julia Min Hwang, assistant dean of the MBA Career Management Group and corporate engagement. "We've found that recruiters seek out Haas grads for culture fit—they are known for being leaders with innovative problem solving and team-building skills, and for having confidence without attitude."
Hwang also said the school's Bay Area location was a factor in the strong employment outcomes for these graduates of the Full-time Berkeley MBA Program. Not only does it allow access to a wide range of nearby companies, but it also serves as a gateway to Asia and hub for reaching East Coast financial centers. Locally based employers also bring projects into Haas classrooms, where students test their new skills on real-world consulting projects.
Berkeley-Haas culture is also highly collaborative, and Hwang noted that in addition to support from the Haas Career Management Group, students support each other in their job searches.
The 248 students in this graduating full-time MBA class are a diverse group: 34 percent are international; 47 percent of those from the U.S. are U.S. minorities (which includes Asian Americans, African Americans, Hispanic Americans, Native Americans, Native Hawaiian/Pacific Islanders, and East Indian/Pakistani). About 29 percent are women.
About 40 percent of those who accepted jobs went into traditional MBA careers in finance and consulting, while another 38 percent went into tech. Yet an increasing number chose non-established companies: 14.5 percent of jobseekeers—representing 10.4 percent of the class as a whole—took jobs at startups.
Also noteable was the fact that 31 grads launched their own ventures, some of them partnering up with classmates. Leo Popov, for example, met his business partner, Bimohit Bawa, in Lecturer Steve Blank's Lean LaunchPad course. In October, they launched TruCare, a digital health smartphone app that gives users access to urgent care clinicians who make house calls or consult by phone 24 hours a day.
"The most important reason why I chose Haas is its entrepreneurial environment and resources," Popov said. "In my previous job I didn't have any experience with about 60 percent of the tasks I am doing currently. All these skills are newly acquired at Haas or UC Berkeley."
Now that you know what our students do upon graduation, find out more about who they are while they're here—and what their Berkeley-Haas experience was like; Check out some student profiles.