Overall Outcomes Statistics Across All Business Majors

Penn State Smeal College of Business 1

Penn State Smeal College of Business

2016-2017 Undergraduate Outcomes Report

Overall Outcomes Statistics Across All Business Majors

Penn State Smeal College of Business 2

78% of students

were placed by graduation

Total Student Outcomes at Graduation*

Full-Time Offers 65%

Internship 1.5%

Military <1%

Public Service <1%

Entrepreneurship <1%

Further Education/Fellowship 10%

Still Seeking (No Offer) 22%

Students Reporting Internships/Co-ops 84%

*Data was collected through an optional student survey distributed prior to Summer 2016, Fall 2016, and Spring 2017 commencements. We received 1,509 of 1,865 graduating student responses (81% response rate).

Outcomes by Student Population*Domestic International

Full-Time Offers 72% 22%

Internship 1.5% 2.5%

Military <1% 1%

Public Service <1% 0%

Entrepreneurship <1% 3%

Further Education/Fellowship 5% 39%

Still Seeking (No Offer) 20% 33.5%

Students Reporting Internships/Co-ops 87% 62%

Full-Time Employment Statistics

Penn State Smeal College of Business 3

$58,975Average Salary

$6,058Average

Signing Bonus

51%Received a

Bonus

$4,327Average

Relocation Bonus

32%Received a

Bonus

Employment by Geographic LocationPA: 34%

NY: 20%

NJ: 8%

MA: 6%

VA: 5%

DE, MD, TX, DC, IL, OH, CA, International: 1-3% each

Other States: Less than 1% each

Students were offered positions in 36 states and international locations.

Top Hiring Companies (Full-Time)

Penn State Smeal College of Business 4

49hires

44hires

43hires

40hires

37hires

20+ Hires

IBMJPMorgan Chase & Co.

Amazon.comPepsiCo

15-19 Hires

Grant ThorntonPNC Financial Services Bank of America Corp.

10-14 Hires

Johnson & Johnson Dick’s Sporting Goods

TJX CompaniesVanguard

5-9 Hires

RSMGE

Macy’sAldi

Baker TIllyCohnReznick

Kohl’sAIG

Ross StoresAnheuser Busch

Insight GlobalL’Oreal

Lockheed MartinTextronAramark

BloombergCitigroup

Goldman SachsPPG Industries

Target

3-4 Hires

AltriaGeico

BoeingNewDay USASwift Capital

TE Connectivity, Ltd.Uber Technologies

UBSUnitedHealth Group

Wells FargoYelp

AccentureArmstrong World Industries,

Inc.CGI Federal

Chatham FinancialCigna

Cummins, Inc.Dell

Freedom MortgageKimberly-Clark

Liberty Mutual InsuranceLilly Pulitzer

Lord Abbett, LLCM&T Bank

Mars Chocolate North AmericaMerkle

NBC Universal-ComcastSiemensUnilever

1+ Hires 198 other companies!

Placement by Major Overview

Penn State Smeal College of Business 5

MajorPlacement by Student Population

Average Salary

Average Signing Bonus

% Receiving Signing Bonus

Average Relocation

Bonus

% Receiving Relocation

Bonus

Accounting83%

84% Domestic80% International

$57,930 $4,154 24% $4,500 6%

CIENT 71%** $50,438 $5,167 35% $4,000 6%

Finance81%

83% Domestic71% International

$64,600 $6,310 67% $4,773 27%

Management65%

69% Domestic27% International

$51,959 $6,964 34% $6,000 22%

Management Information Systems

74%76% Domestic

50% International$62,517 $5,866 64% $3,407 24%

Marketing75%

76% Domestic67% International

$53,325 $5,573 48% $4,040 35%

Risk Management: Actuarial Science

70%79% Domestic

57% International$65,800 $4,011 73% $2,600 20%

Risk Management: Enterprise

80%80% Domestic

80% International$57,391 $5,324 55% $2,600 15%

Risk Management: Real Estate 50%** $56,250 $5,000 33% N/A 0%

Supply Chain and Information Systems

81%84% Domestic

58% International$58,958 $6,119 60% $4,457 44%

*% placed includes: Full-time job offers, further education/fellowship, entrepreneurship, public service, post-graduate internship, and military. **Placements rates are given for international and domestic populations by major when there is enough data to report per population.

Top Hiring Companies (Internship/Co-Op)

Penn State Smeal College of Business 6

50hires

42hires

32hires

27hires

24hires

15-21 Hires

Johnson & JohnsonPNC Financial Services

PepsiCoAmazon.com

Penn State University

10-14 Hires

Macy’sGrant Thornton

Kohl’s

AIGBoeingL’Oreal

5-9 Hires

Dick’s Sporting GoodsRSMGE

UPMCBaker Tilly

Ross StoresGoldman Sachs

RSMTarget

UBS

Northwestern MutualTE Connectivity, Ltd.

DellTextron

BloombergBurlington

Morgan StanleyPPG IndustriesTJX Companies

3-4 Hires

AldiAltria

CohnReznickIngersoll Rand

AON HewittAramark

BNY MellonCitigroup

Cummins, Inc.Intel

Lockheed MartinMars Chocolate North America

PublicisSEI

Sherwin-WilliamsSiemens

The Hershey CompanyUnileverWalmart

Alcoa

AstraZeneca PharmaceuticalsAxiall Corporation

Central Bank of MalaysiaChina Construction Bank

CignaFord Motor Company

General MotorsGiant Eagle, Inc.

Gutenberg ResearchHilti, Inc.

Kimberly-ClarkLiberty Mutual InsuranceNew York Life Insurance

RicohSheetz

State College SpikesThe Hartford

UTC Aerospace SystemsWest Pharmaceutical Services, Inc.

2+ Hires 587 other companies!

24hires

Placement by Major: Accounting

Penn State Smeal College of Business 7

Overall Student Outcomes (total responses: 296)

Full-Time Offers 59%

Further Education/Fellowship 21%

Post-Graduation Internship 3%

Entrepreneurship <1%

Still Seeking, No Offer 16%

% with 1+ internship 77%

$57,930Average Salary

$4,154Average

Signing Bonus

24%Received a

Bonus

Top Hiring Companies+

� PwC 35 � KPMG 34 � EY 22 � Deloitte 21 � RSM 5 � CohnReznick 4 � GrantThornton 4 � JPMorgan Chase & Co. 3

+ Due to space constraints, companies are only listed if they hired three or more students.

$4,500Average

Relocation Bonus

6%Received a

Bonus

Full-Time Internship

Top Hiring Companies

� PwC 34 � EY 28 � KPMG 27 � Deloitte 16 � Grant Thornton 6 � Baker Tilly 5 � RSM 4 � TE Connectivity 3 � CohnReznick 3 � JPMorgan Chase & Co. 3 � Goldman Sachs 2 � BDO 2 � Boeing 2 � Citrin Cooperman 2

93%of junior year internships were paid

$25.82Average

Hourly Pay

Placement by Major: Corporate Innovation and Entrepreneurship

Penn State Smeal College of Business 8

Overall Student Outcomes (total responses: 35)

Full-Time Offers 66%

Further Education/Fellowship 3%

Military 3%

Still Seeking, No Offer 28%

% with 1+ internship 80%

$50,438Average Salary

$5,167Average

Signing Bonus

35%Received a

Bonus

Top Hiring Companies*

� Oracle 4

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

$4,000Average

Relocation Bonus

6%Received a

Bonus

Full-Time Internship

Top Hiring Companies*

� Target 3

86%of junior year internships were paid

$17.29Average

Hourly Pay

Placement by Major: Finance

Penn State Smeal College of Business 9

Overall Student Outcomes (total responses: 337)

Full-Time Offers 66%Further Education/Fellowship 11.5%

Military 1%Post-Graduation Internship <1%

Public Service <1%Entrepreneurship 1%

Still Seeking, No Offer 19%% with 1+ internship 84%

$64,600Average Salary

$6,310Average

Signing Bonus

66.5%Received a

Bonus

Top Hiring Companies-

� JPMorgan Chase & Co. 18 � Bank of America, 16 Merrill Lynch

� Deloitte 9 � PwC 8 � PNC Financial Services 8 � GE 6 � EY 5 � Citi 5 � Johnson & Johnson 5 � UBS 4

-Due to space constraints, companies are only listed if they hired four or more students.+ Due to space constraints, companies are only listed if they hired three or more students.

$4,773Average

Relocation Bonus

26.5%Received a

Bonus

Full-Time Internship

Top Hiring Companies+

� Bank of America 23 � JPMorgan Chase & Co. 19 � PNC Financial Services 10 � PwC 8 � UBS 7 � Deloitte 6 � Goldman Sachs 6 � Johnson & Johnson 6 � Northwestern Mutual 6 � GE 5 � Citi 4 � Morgan Stanley 4 � TE Connectivity 3 � Siemens 3 � L’Oreal 3 � Gutenberg Research 3 � Grant Thornton 3 � EY 3 � Central Bank of Malaysia 3

86%of junior year internships were paid

$27.34Average

Hourly Pay

Penn State Smeal College of Business 9

Placement by Major: Management

Penn State Smeal College of Business 10

Overall Student Outcomes (total responses: 96)

Full-Time Offers 50%

Further Education/Fellowship 8%

Post-Graduate Internship 4%

Entrepreneurship 2%

Still Seeking, No Offer 35%

% with 1+ internship 76%

$51,959Average Salary

$6,964Average

Signing Bonus

34%Received a

Bonus

Top Hiring Companies*

� Amazon.com 4

� PNC Financial Services 3

� Aldi 2

� APR Supply Co 2

� Oracle 2

� PepsiCo 2

� Vanguard 2

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

$6,000Average

Relocation Bonus

22%Received a

Bonus

Full-Time Internship

Top Hiring Companies*

� Macy’s 3 � Kohl’s 2 � Sherwin-Williams 2 � UPMC 2

78%of junior year internships were paid

$15.24Average

Hourly Pay

Penn State Smeal College of Business 10

Placement by Major: Management Information Systems

Penn State Smeal College of Business 11

Overall Student Outcomes (total responses: 90)

Full-Time Offers 71%

Further Education/Fellowship 2%

Entrepreneurship 1%

Still Seeking, No Offer 25%

% with 1+ internship 91%

$62,517Average Salary

$5,866Average

Signing Bonus

64%Received a

Bonus

Top Hiring Companies*

� Oracle 7

� EY 7

� IBM 5

� PwC 4

� AIG 3

� Amazon.com 2

� CGI Federal 2

� Deloitte 2

� UnitedHealth 2

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

$3,407Average

Relocation Bonus

24%Received a

Bonus

Full-Time Internship

Top Hiring Companies*

� AIG 6 � PwC 6 � EY 4 � Bank of America 2 � Johnson & Johnson 2 � Ross Stores 2 � RSM 2

86%of junior year internships were paid

$21.68Average

Hourly Pay

Penn State Smeal College of Business 11

Placement by Major: Marketing

Penn State Smeal College of Business 12

Overall Student Outcomes (total responses: 242)

Full-Time Offers 67%Further Education/Fellowship 5%

Military <1%Post-Graduation Internship 2%

Public Service <1%Entrepreneurship <1%

Still Seeking, No Offer 25%% with 1+ internship 91%

$53,325Average Salary

$5,573Average

Signing Bonus

48%Received a

Bonus

Top Hiring Companies*+

� Oracle 19 � PepsiCo 9 � TJX Companies 9 � Macy’s 6 � IBM 5 � Insight Global 4 � Amazon.com 3 � Dick’s Sporting Goods 3 � Kohl’s 3 � Yelp 3

+ Due to space constraints, companies are only listed if they hired three or more students.

$4,040Average

Relocation Bonus

35%Received a

Bonus

Full-Time Internship

Top Hiring Companies

� PepsiCo 12 � Kohl’s 7 � Macy’s 7 � Altria 4 � Dick’s Sporting Goods 4 � Johnson & Johnson 4 � PSU Athletics 4 � Aldi 3 � Enterprise 3 � Publicis 3 � TJX Companies 3 � AstraZeneca Pharmaceuticals 2 � Bloomberg 2 � L’Oreal 2 � PNC Financial Services 2 � Ross Stores 2 � SEI 2 � Unilever 2

77%of junior year internships were paid

$19.16Average

Hourly Pay

Penn State Smeal College of Business 12

Placement by Major: Risk Management: Actuarial Science

Penn State Smeal College of Business 13

Overall Student Outcomes (total responses: 33)

Full-Time Offers 49%

Further Education/Fellowship 18%

Post-graduation Internship 3%

Still Seeking, No Offer 30%

% with 1+ internship 82%

$65,800Average Salary

$4,011Average

Signing Bonus

73%Received a

Bonus

Top Hiring Companies*

� AIG 2

� Genworth Financial 2

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

$2,600Average

Relocation Bonus

20%Received a

Bonus

Full-Time Internship

Top Hiring Companies+

� AIG 4 � AON Hewitt 2 � UnitedHealth Group 2

89%of junior year internships were paid

$24.48Average

Hourly Pay

Penn State Smeal College of Business 13

Placement by Major: Risk Management: Enterprise Risk Mangement

Penn State Smeal College of Business 14

Overall Student Outcomes (total responses: 55)

Full-Time Offers 69%

Further Education/Fellowship 7%

Military 2%

Entrepreneurship 2%

Still Seeking, No Offer 22%

% with 1+ internship 67%

$57,391Average Salary

$5,323Average

Signing Bonus

55%Received a

Bonus

Top Hiring Companies*

� PNC Financial Services 3

� EY 3

� Deloitte 2

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

$2,600Average

Relocation Bonus

15%Received a

Bonus

Full-Time Internship

Top Hiring Companies+

� PNC Financial Services 5 � EY 2

86%of junior year internships were paid

$20.73Average

Hourly Pay

Penn State Smeal College of Business 14

Placement by Major: Risk Management: Real Estate

Penn State Smeal College of Business 15

Overall Student Outcomes (total responses: 14)

Full-Time Offers 43%

Military 7%

Still Seeking, No Offer 50%

% with 1+ internship 71%

$56,250Average Salary

$5,000Average

Signing Bonus

33%Received a

Bonus

Top Hiring Companies*

� Wells Fargo 2

*To maintain student confidentiality, companies who hired one Penn State student are not reported here.

$0Average

Relocation Bonus

0%Received a

Bonus

Full-Time Internship

Top Hiring Companies*

� No companies to report

90%of junior year internships were paid

$16.39Average

Hourly Pay

Penn State Smeal College of Business 15

Placement by Major: Supply Chain and Information Systems

Penn State Smeal College of Business 16

Overall Student Outcomes (total responses: 298)

Full-Time Offers 74%

Further Education/Fellowship 4%

Military <1%

Post-graduation Internship 1%

Entrepreneurship <1%

Still Seeking, No Offer 19%

% with 1+ internship 89%

$58,958Average Salary

$6,119Average

Signing Bonus

60%Received a

Bonus

Top Hiring Companies-

� Amazon.com 15 � IBM 13 � Grant Thornton 8 � PepsiCo 7 � Oracle 6 � EY 6 � Dick’s Sporting Goods 6 � Anheuser Busch 5 � Ross Stores 5 � L’Oreal 4 � Johnson & Johnson 4 � Boeing 4

-Due to space constraints, companies are only listed if they hired four or more students.+ Due to space constraints, companies are only listed if they hired three or more students.

$4,457Average

Relocation Bonus

44%Received a

Bonus

Full-Time Internship

Top Hiring Companies+

� Amazon.com 16 � Johnson & Johnson 9 � Boeing 9 � L’Oreal 5 � Dell 5 � Ross Stores 5 � Cummins 4 � Dick’s Sporting Goods 4 � Intel 4 � PPG Industries 4 � PepsiCo 4 � Burlington 3 � Walmart, Inc. 3 � Textron 3 � Target 3 � Kimberly-Clark 3 � Ford Motor Company 3 � EY 3

92%of junior year internships were paid

$22.27Average

Hourly Pay

Penn State Smeal College of Business 16

Student Engagement Report

Penn State Smeal College of Business 17

79%OF STUDENTS WERE INVOLVED IN 1+ SMEAL ORGANIZATION

32%OF STUDENTS PARTICIPATED IN 1+ CASE COMPETITION

32%OF STUDENTS STUDIED ABROAD

OF STUDENTS COMPLETED RESEARCH

35%

Thank You to Our Corporate Partners!

Penn State Smeal College of Business 18