Full-time MBA – Class of 2023

For the Class of 2023, their business school experience occurred amid a global pandemic filled with uncertainties. Despite being a year with a mix of virtual and in-person recruiting activities, the class ended the 90-day reporting period at 96% employed. This matches the Class of 2021 and 2022 rates and continues to rival the outcomes of similarly ranked business schools.

 

Full-time accepted offers

90 days post-graduation

at graduation

average salary (including signing bonus)

Amazon | Applied Materials | EY-Parthenon | Honeywell | IBM | Intel Corp. | Microsoft | Northrup Grumman | W. L. Gore & Associates

Four top industries where students landed from this class include manufacturing (+19%), consulting (+7%), technology (-11%), and financial Services (-7%). While last year we saw a dip in students pursuing opportunities within manufacturing in favor of the technology sector, this year we saw this revert to previous years with an increased interest in accepting opportunities within Manufacturing due to the slowdown in hiring in the technology sector.

For job function, manufacturing/logistics roles were up 6% in 2023 compared to 2022 and consulting roles were up 3% from 2022. The continued success in students landing roles in top consulting firms is a trend we have noticed over the past two years and continues to be evident in the data. An increase in students landing in consulting has allowed us to utilize alum contacts to continue building and fostering these company relationships to fulfill their future hiring needs.

Industry

Function

MBA career management initiatives

Our priorities this year centered around integrating alumni into our program design to allow for an enhanced student experience and opportunities for alums to give back to the program. In addition to enhanced programming, we added two alumni-focused positions within our office to support career preparation and alumni affinity. In addition, time was spent embedding employers throughout the student experience into different areas of programming. Lastly, we continue to focus on supporting the international student journey and have a new role in our office to assist with this initiative.

Students have 24/7 access to useful career content and opportunities through career.wpcarey.asu.edu. Students also receive timely information through weekly career editorial emails, and are encouraged to take advantage of career coaching appointments. Our mission is to help students become more competitive and confident, more prepared for the opportunities that await them after graduation and throughout their professional lives.

“The W. P. Carey School provided me with a comprehensive foundation for my career.” — Erin Grady, MBA ’21

Specialized Master’s – Class of 2023

The W. P. Carey Services Center has committed to espousing our Where Business is Personal® proposition while delivering valuable programs at scale. This year, we expand this sentiment with the launch of our W. P. Carey Career Services Center value proposition, where talent and opportunity meet. The overarching goal is to create curated, relevant opportunities for students and employers to connect.

 

Outcomes by program

Full-time accepted offers

at graduation

6-months post-graduation

average base salary

Deloitte | PwC | EY | BDO | KPMG | Moss Adams

*Top employers include any firms that hired 4+ students in the 2022 – ‘23 reporting year.

Full-time accepted offers

at graduation

6-months post-graduation

average base salary

Arizona State University | Carvana | Walmart

*Top employers include any firms that hired 3+ students in the 2022 – ‘23 reporting year.

Full-time accepted offers

at graduation

6-months post-graduation

average base salary

Equity Methods

*Top employers include any firms that hired 2+ students in the 2022 – ‘23 reporting year.

Full-time accepted offers

at graduation

6-months post-graduation

average base salary

Amazon | Chang Chung Chemical Corp. | Propersys Corp. | Spot Freight

*Top employers include any firms that hired 2+ students in the 2022 – ‘23 reporting year.

Full-time accepted offers – Class of 2022**

at graduation

6-months post-graduation

average base salary

EY | Deloitte | Intel

*Top employers include any firms that hired 2+ students in the 2021 – ‘22 reporting year.
** Synthesized Specialized Master’s Class of ‘23 data includes MS-ISM data from  the Class of ‘22, per the reporting standards.  The Class of ‘23 will be included in the 2024 Specialized Masters annual report.

Full-time accepted offers

at graduation

6-months post-graduation

average base salary

Real Estate | Financial Services | Government | Non-Profit

*Top industries represent any firms that hired 1+ students in the 2022 – 23 reporting year.

Full-time accepted offers

at graduation

6-months post-graduation

average base salary

Deloitte | Grant Thornton | Moss Adams

*Top employers include any firms that hired 2+ students in the 2022 – ‘23 reporting year.

Specialized Master’s career management initiatives

This was the second full academic year that we operated in our portfolio model in which undergraduate and specialized master’s portfolios were organized by business function. Since we are unable to evaluate the effectiveness of career programming until the student employment outcomes are evaluated 6-months following their graduation, we utilized qualitative and quantitative programming data from the Class of ‘22 to inform the following priorities for the Class of ‘23:

  • Execute a flagship career program designed to develop foundational career capabilities ahead of on-campus recruiting and networking events.
  • Welcome the inaugural class of third-semester track students.
  • Develop an understanding of the “seeking” population ahead of fall on-campus recruitment and networking events

Undergraduate – Class of 2023

For the 2022-23 academic year, our work focused on continuing to evolve our programing to encompass the bigger picture of career readiness for undergraduate business students. In a competitive market, the capacity to establish genuine connections stands out as a crucial factor for student success. Recognizing this, content was generated and integrated into courses, workshops, and the career website, aiming to affirm the importance of cultivating a network through meaningful connections and robust relationships. The class of 2023 ended with a full-time accepted offer rate of 84.3% by 6-months post-graduation, based on a employment outcome response rate of 46.9%.

 

Full-time accepted offers

6-months post-graduation

average salary

Amazon | Arizona State University | The Boeing Company | Deloitte | Starbucks Coffee Company

Despite fluctuations in the market, the financial services sector remains a prominent choice for both BA and BS graduates, maintaining steady appeal among the 2023 graduating class (BA 18% and BS 24%). Likewise, the technology sector has exhibited a similar trend with an increase in student hiring, even though many larger technology firms are still under hiring freezes.

Undergraduate career management initiatives

Our key initiatives this year were designed to enhance student relationships and engagement. In a competitive market, the capacity to establish genuine connections stands out as a crucial factor for student success. Recognizing this, content was generated and integrated into courses, workshops, and the career website, aiming to affirm the importance of cultivating a network through meaningful connections and robust relationships.

Efforts were directed toward building content, creating a BA Job Shadow program, and refining workshops. Experiential learning opportunities, such as embedding programs like Forage, were introduced to enrich the educational experience at scale. This holistic approach is aimed at not only fostering relationships with students but also with staff and faculty to deepen the development of student career capabilities. Simultaneously, enhancements were made to the career website, incorporating additional functionality to better support students in their career development journey.