Data & Statistics
View current as well as historical hiring data for both first- and second-year students. Our comprehensive list of recruiting partners shows the breadth of companies and industries that recruit at HBS.
Class of 2008 Career Salary Statistics by Industry
| Class of 2008 Salary by Industry Destinations |
% |
25th % Base Salary |
Median Base Salary |
75th % Base Salary |
Median Signing Bonus |
% Receiving Signing Bonus |
Median Other G'teed Comp** |
% Receiving Other G'teed Comp |
| Consulting |
20% |
$120,000 |
$125,000 |
$125,000 |
$20,000 |
96% |
$23,000 |
33% |
| Entertainment/Media |
5% |
$97,625 |
$110,000 |
$115,000 |
$20,000 |
69% |
$17,250 |
34% |
| Advertising/Marketing |
1% |
$108,750 |
$110,000 |
$111,250 |
$15,000 |
75% |
n/a |
25% |
| Communications |
1% |
$101,250 |
$110,000 |
$117,450 |
$20,000 |
78% |
$16,875 |
44% |
| Entertainment |
3% |
$96,000 |
$113,750 |
$117,250 |
$20,000 |
60% |
$20,000 |
33% |
| Financial Services |
45% |
$100,000 |
$125,000 |
$150,000 |
$40,000 |
67% |
$75,000 |
40% |
| Hedge Funds |
4% |
$132,500 |
$150,000 |
$152,500 |
$30,000 |
75% |
$120,000 |
46% |
| I-Banking |
9% |
$95,000 |
$95,000 |
$105,000 |
$40,000 |
97% |
$67,500 |
20% |
| I-Management |
6% |
$100,000 |
$120,000 |
$125,000 |
$40,000 |
76% |
$50,000 |
53% |
| Leveraged Buyout |
2% |
$125,000 |
$150,000 |
$153,750 |
$25,000 |
42% |
$150,000 |
33% |
| Private Equity |
15% |
$120,000 |
$150,000 |
$190,000 |
$27,500 |
50% |
$112,500 |
45% |
| Sales & Trading |
1% |
$100,000 |
$120,000 |
$126,000 |
$50,000 |
89% |
N/A |
22% |
| Venture Capital |
4% |
$122,500 |
$140,000 |
$170,000 |
$10,000 |
38% |
$35,500 |
41% |
| Commercial Banking |
1% |
$95,000 |
$97,500 |
$113,500 |
$23,250 |
78% |
N/A |
33% |
| Diversified/Insurance |
1% |
$90,000 |
$97,500 |
$101,250 |
$17,500 |
86% |
$20,000 |
71% |
| Real Estate |
2% |
$100,000 |
$110,000 |
$120,000 |
$15,000 |
67% |
$38,000 |
44% |
| Non-Profit/Government |
3% |
$82,250 |
$90,000 |
$90,000 |
N/A |
11% |
N/A |
N/A |
| Non-Profit |
3% |
$88,750 |
$90,000 |
$90,000 |
N/A |
6% |
N/A |
N/A |
| Government |
<1% |
$74,850 |
$81,400 |
$84,750 |
N/A |
33% |
N/A |
N/A |
| Real Estate |
2% |
$110,000 |
$111,000 |
$135,000 |
$20,000 |
57% |
$24,500 |
46% |
| Retail |
3% |
$97,500 |
$115,000 |
$115,000 |
$10,000 |
89% |
$19,000 |
35% |
| Other Services |
5% |
$100,000 |
$105,000 |
$129,250 |
$20,000 |
69% |
$20,000 |
35% |
| Health-Related |
2% |
$96,250 |
$100,000 |
$110,000 |
$20,000 |
36% |
N/A |
18% |
| Internet Development |
<1% |
$110,000 |
$110,000 |
$120,000 |
$20,000 |
100% |
N/A |
33% |
| Other |
3% |
$98,750 |
$105,000 |
$130,000 |
$15,000 |
83% |
$20,000 |
47% |
| Biomed/Pharmaceutical |
3% |
$105,000 |
$110,000 |
$110,000 |
$23,500 |
94% |
$15,000 |
39% |
| Consumer Products |
3% |
$90,000 |
$92,500 |
$97,000 |
$20,000 |
95% |
$9,000 |
33% |
| Technology |
6% |
$110,000 |
$120,000 |
$125,000 |
$18,000 |
98% |
$20,000 |
28% |
| Computer Hardware |
1% |
$116,500 |
$120,000 |
$121,250 |
$16,500 |
100% |
N/A |
25% |
| Computer Software |
2% |
$115,000 |
$120,000 |
$125,250 |
$17,500 |
93% |
$17,500 |
27% |
| General High Technology |
2% |
$110,000 |
$115,000 |
$120,000 |
$15,000 |
100% |
$25,075 |
31% |
| Other |
1% |
$90,000 |
$100,000 |
$113,750 |
$25,000 |
100% |
N/A |
25% |
| Other Manufacturing |
5% |
$100,000 |
$112,250 |
$120,000 |
$20,000 |
85% |
$15,000 |
42% |
| Aero/Auto/Transport Equipment |
1% |
$98,250 |
$112,500 |
$120,000 |
$25,000 |
100% |
N/A |
N/A |
| Highly Diversified |
1% |
$112,500 |
$115,000 |
$118,000 |
$20,000 |
82% |
$12,000 |
50% |
| Energy/Extractive Minerals |
1% |
$100,000 |
$105,000 |
$112,000 |
$20,000 |
67% |
$18,000 |
67% |
| Other |
2% |
$100,000 |
$112,500 |
$120,000 |
$17,500 |
91% |
$18,750 |
42% |
| ALL SERVICES |
83% |
$100,000 |
$120,000 |
$136,500 |
$25,000 |
73% |
$40,000 |
36% |
| ALL MANUFACTURING |
17% |
$99,250 |
$110,000 |
$120,000 |
$20,000 |
93% |
$15,000 |
35% |
| ALL INDUSTRIES |
100% |
$100,000 |
$120,000 |
$130,000 |
$20,000 |
76% |
$35,000 |
36% |
**Other guaranteed compensation includes only those offer components that are guaranteed; it does not include performance bonus, reimbursements, profit sharing, 401k match, stock and/or stock options, etc. Please note that salary information is self-reported by students.
Class of 2008 Career Salary Statistics by Function
| Class of 2008 Salary by Functional Destinations |
% |
25th % Base Salary |
Median Base Salary |
75th % Base Salary |
Median Total Signing Bonus |
% Receiving Signing Bonus |
Median Other G'teed Comp** |
% Receiving Other G'teed Comp |
| Business Development |
6% |
$104,375 |
$110,000 |
$120,000 |
$20,000 |
68% |
$17,000 |
43% |
| Consulting |
21% |
$120,000 |
$125,000 |
$125,000 |
$20,000 |
95% |
$22,000 |
35% |
| Finance |
45% |
$98,000 |
$120,000 |
$150,000 |
$40,000 |
66% |
$75,000 |
39% |
| Corporate Finance |
2% |
$95,750 |
$105,000 |
$121,250 |
$20,000 |
75% |
$23,750 |
38% |
| Commercial Banking |
<1% |
$92,500 |
$95,000 |
$97,500 |
N/A |
67% |
N/A |
33% |
| Diversified/Insurance |
<1% |
$92,500 |
$95,000 |
$97,500 |
N/A |
67% |
N/A |
67% |
| Investment Banking |
9% |
$95,000 |
$95,000 |
$105,000 |
$40,000 |
97% |
$60,000 |
23% |
| Investment Management/Hedge Fund |
9% |
$115,000 |
$125,000 |
$150,000 |
$30,000 |
77% |
$90,000 |
48% |
| Real Estate |
2% |
$100,000 |
$112,500 |
$135,250 |
$28,000 |
50% |
$43,250 |
50% |
| Sales & Trading |
1% |
$95,000 |
$120,000 |
$126,000 |
$50,000 |
89% |
N/A |
22% |
| Venture Capital/Private Equity/LBO |
19% |
$125,000 |
$150,000 |
$181,250 |
$25,000 |
45% |
$100,000 |
43% |
| Other |
2% |
$95,000 |
$95,000 |
$107,500 |
$15,000 |
67% |
N/A |
20% |
| General Management |
11% |
$100,000 |
$110,000 |
$120,000 |
$20,000 |
79% |
$20,000 |
32% |
| General Management |
8% |
$95,000 |
$110,000 |
$120,000 |
$20,000 |
77% |
$20,000 |
33% |
| Manufacturing/Operations |
1% |
$98,000 |
$115,000 |
$117,500 |
$20,000 |
100% |
N/A |
29% |
| Project Management |
2% |
$103,500 |
$120,000 |
$132,500 |
$20,000 |
78% |
$25,000 |
33% |
| Marketing |
7% |
$92,625 |
$105,000 |
$115,500 |
$20,000 |
91% |
$15,000 |
24% |
| Brand/Product Management |
4% |
$92,125 |
$98,000 |
$115,000 |
$20,000 |
100% |
$11,500 |
19% |
| General Marketing |
2% |
$96,500 |
$105,000 |
$107,500 |
$20,000 |
91% |
$10,000 |
30% |
| Sales |
<1% |
$95,000 |
$120,000 |
$140,000 |
N/A |
50% |
N/A |
25% |
| Other |
1% |
$93,000 |
$105,000 |
$115,000 |
$25,000 |
83% |
N/A |
33% |
| Strategic Planning |
7% |
$90,000 |
$110,000 |
$120,000 |
$20,000 |
67% |
$11,125 |
29% |
| Other |
3% |
$95,000 |
$110,000 |
$120,000 |
$20,000 |
75% |
$18,625 |
31% |
| ALL FUNCTIONS |
100% |
$100,000 |
$120,000 |
$130,000 |
$20,000 |
76% |
$35,000 |
36% |
**Other guaranteed compensation includes only those offer components that are guaranteed; it does not include performance bonus, reimbursements, profit sharing, 401k match, stock and/or stock options, etc. Please note that salary information is self-reported by students.
Class of 2008 Career Salary Statistics by Location
| Class of 2008 Salary by Location Destinations |
% |
25th % Base Salary |
Median Base
Salary |
75th % Base Salary |
Median Total
Signing Bonus |
% Receiving
Signing Bonus |
Median Other G'teed Comp** |
% Receiving
Other G'teed Comp |
| Northeast |
40% |
$95,000 |
$120,000 |
$127,000 |
$25,000 |
75% |
$40,000 |
33% |
| Boston |
13% |
$115,000 |
$125,000 |
$136,000 |
$20,000 |
67% |
$35,000 |
37% |
| New England (except Boston) |
3% |
$95,000 |
$117,500 |
$125,000 |
$20,000 |
78% |
$51,250 |
53% |
| New York City |
24% |
$95,000 |
$110,000 |
$125,000 |
$25,000 |
80% |
$44,000 |
28% |
| Mid-Atlantic |
6% |
$98,000 |
$112,500 |
$125,000 |
$20,000 |
75% |
$20,000 |
42% |
| Washington, D.C. |
3% |
$88,250 |
$108,250 |
$125,000 |
$15,000 |
75% |
$28,000 |
44% |
| Other |
3% |
$103,750 |
$115,000 |
$125,000 |
$20,000 |
75% |
$19,500 |
40% |
| South |
5% |
$95,000 |
$110,000 |
$120,000 |
$20,000 |
83% |
$27,500 |
46% |
| Atlanta |
2% |
$107,500 |
$120,000 |
$123,000 |
$20,000 |
100% |
$27,500 |
60% |
| Other |
3% |
$95,000 |
$100,000 |
$113,750 |
$20,000 |
74% |
31,000 |
39% |
| Midwest |
6% |
$100,000 |
$115,000 |
$125,000 |
$20,000 |
87% |
$15,000 |
33% |
| Chicago |
4% |
$110,000 |
$115,000 |
$128,000 |
$20,000 |
79% |
$18,500 |
41% |
| Other |
2% |
$95,000 |
$100,000 |
$120,000 |
$20,000 |
100% |
$15,000 |
18% |
| Southwest |
4% |
$110,000 |
$112,500 |
$125,000 |
$20,000 |
66% |
$27,000 |
41% |
| Texas |
3% |
$110,000 |
$121,000 |
$125,000 |
$20,000 |
71% |
$26,000 |
33% |
| Other |
1% |
$107,500 |
$110,000 |
$115,000 |
$20,000 |
50% |
$40,000 |
63% |
| West |
18% |
$110,000 |
$120,000 |
$130,000 |
$20,000 |
80% |
$21,000 |
34% |
| California - Bay Area |
12% |
$110,000 |
$120,000 |
$137,000 |
$20,000 |
80% |
$21,000 |
33% |
| California - Other |
1% |
$100,000 |
$120,000 |
$157,500 |
$25,000 |
60% |
N/A |
40% |
| California - Los Angeles |
3% |
$100,000 |
$115,000 |
$125,000 |
$20,000 |
84% |
$25,000 |
37% |
| Pacific Northwest |
2% |
$110,000 |
$112,000 |
$116,500 |
$35,000 |
82% |
$15,000 |
30% |
| Other U.S. |
1% |
$125,000 |
$125,000 |
$130,000 |
$20,000 |
80% |
$35,000 |
60% |
| Asia/South Pacific |
6% |
$95,000 |
$105,135 |
$125,500 |
$30,000 |
90% |
$71,500 |
26% |
| China |
1% |
$107,500 |
$115,000 |
$131,500 |
$27,500 |
86% |
N/A |
14% |
| Hong Kong |
2% |
$95,000 |
$100,000 |
$105,269 |
$40,000 |
88% |
$40,000 |
20% |
| India |
<1% |
$80,000 |
$110,000 |
$305,000 |
$25,000 |
100% |
N/A |
N/A |
| Japan |
1% |
$97,500 |
$122,500 |
$146,250 |
$32,500 |
100% |
N/A |
N/A |
| Singapore |
1% |
$91,250 |
$100,000 |
$108,250 |
$20,750 |
100% |
N/A |
N/A |
| Other |
1% |
$115,000 |
$120,000 |
$140,000 |
$25,000 |
88% |
$43,000 |
71% |
| Europe |
10% |
$120,000 |
$140,000 |
$167,000 |
$32,000 |
68% |
$75,000 |
41% |
| England |
7% |
$121,500 |
$140,000 |
$200,000 |
$35,000 |
63% |
$120,000
| 41%
|
| Other |
3% |
$112,500 |
$137,500 |
$150,000 |
$31,500 |
80% |
$46,500 |
41% |
| Latin America |
2% |
$83,303 |
$110,000 |
$138,750 |
$20,000 |
50% |
$18,000 |
57% |
| Mexico |
1% |
$75,000 |
$105,000 |
$150,000 |
N/A |
40% |
N/A |
60% |
| Other |
1% |
$93,212 |
$115,000 |
$135,000 |
$20,000 |
56% |
$18,000 |
56% |
| North America - Canada |
1% |
$104,000 |
$115,000 |
$123,750 |
$22,500 |
80% |
N/A |
60% |
| Other International |
1% |
$92,500 |
$112,500 |
$125,000 |
$25,000 |
60% |
N/A |
45% |
| US |
80% |
$100,000 |
$120,000 |
$125,000 |
$20,000 |
77% |
$30,000 |
35% |
| INTERNATIONAL |
20% |
$102,750 |
$125,000 |
$150,000 |
$30,000 |
73% |
$50,000 |
39% |
| ALL LOCATIONS |
100% |
$100,000 |
$120,000 |
$130,000 |
$20,000 |
76% |
$35,000 |
36% |
**Other guaranteed compensation includes only those offer components that are guaranteed; it does not include performance bonus, reimbursements, profit sharing, 401k match, stock and/or stock options, etc. Please note that salary information is self-reported by students.
Historical Career Placement Statistics by Industry
| |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
| Service Industries |
74% |
84% |
77% |
75% |
73% |
76% |
81% |
83% |
83% |
| Consulting |
24% |
38% |
23% |
30% |
26% |
23% |
21% |
21% |
20% |
| Entertainment/Multimedia |
5% |
3% |
2% |
2% |
5% |
5% |
3% |
4% |
5% |
| Financial Services |
34% |
33% |
41% |
28% |
31% |
36% |
42% |
44% |
45% |
| Investment Banking |
9% |
13% |
13% |
7% |
6% |
7% |
10% |
11% |
9% |
| Investment Management |
5% |
4% |
9% |
7% |
7% |
10% |
10% |
12% |
10% |
| Private Equity / LBO |
6% |
9% |
9% |
6% |
9% |
9% |
13% |
12% |
17% |
| Venture Capital |
8% |
4% |
3% |
2% |
2% |
3% |
3% |
3% |
4% |
| Other |
6% |
3% |
7% |
6% |
7% |
7% |
6% |
6% |
5% |
| Non-Profit / Government |
3% |
3% |
3% |
4% |
4% |
3% |
3% |
3% |
3% |
| Real Estate |
N/A |
N/A |
N/A |
N/A |
2% |
3% |
2% |
2% |
2% |
| Retail / Wholesale |
3% |
2% |
2% |
3% |
3% |
3% |
4% |
5% |
3% |
| Other Services |
5% |
5% |
6% |
8% |
2% |
3% |
6% |
4% |
5% |
| Manufacturing Industries |
26% |
16% |
23% |
25% |
27% |
24% |
19% |
17% |
17% |
| Biomedical / Pharmaceutical |
1% |
2% |
5% |
4% |
7% |
5% |
5% |
4% |
3% |
| Consumer Products |
2% |
2% |
4% |
6% |
6% |
5% |
4% |
5% |
3% |
| Technology / Telecommunications |
21% |
10% |
7% |
6% |
9% |
9% |
6% |
6% |
6% |
| Other Manufacturing |
2% |
2% |
7% |
9% |
5% |
5% |
4% |
2% |
5% |
Historical Career Placement Statistics by Function
| |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
| Business Development |
12% |
7% |
8% |
5% |
5% |
8% |
6% |
5% |
6% |
| Consulting |
23% |
37% |
23% |
29% |
27% |
24% |
22% |
22% |
21% |
| Finance - Corporate |
1% |
1% |
3% |
10% |
6% |
7% |
6% |
8% |
2% |
| Finance - Professional Services |
28% |
32% |
32% |
18% |
25% |
30% |
34% |
37% |
43% |
| General Management |
11% |
8% |
15% |
16% |
10% |
11% |
12% |
11% |
11% |
| Marketing |
10% |
9% |
11% |
14% |
16% |
12% |
13% |
11% |
7% |
| Strategic Planning |
2% |
3% |
2% |
4% |
7% |
5% |
5% |
4% |
7% |
| Other |
13% |
3% |
6% |
4% |
4% |
3% |
2% |
2% |
3% |
Historical Career Placement Statistics by Location
| |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
| UNITED STATES |
86% |
80% |
78% |
80% |
81% |
84% |
82% |
82% |
80% |
| EAST COAST |
43% |
49% |
47% |
48% |
46% |
46% |
46% |
49% |
46% |
| Boston |
19% |
20% |
13% |
13% |
11% |
11% |
11% |
10% |
13% |
| Mid-Atlantic |
2% |
2% |
4% |
4% |
4% |
2% |
6% |
6% |
6% |
| New York City |
21% |
25% |
24% |
24% |
24% |
27% |
26% |
31% |
24% |
| New England |
N/A |
N/A |
N/A |
N/A |
N/A |
2% |
3% |
2% |
3% |
| Washington DC |
1% |
2% |
3% |
6% |
3% |
4% |
2% |
2% |
3% |
| CENTRAL STATES |
12% |
9% |
15% |
14% |
15% |
13% |
9% |
8% |
6% |
| Chicago |
4% |
2% |
3% |
3% |
4% |
3% |
5% |
5% |
4% |
| Mid-West (except Chicago) |
3% |
3% |
6% |
6% |
7% |
6% |
4% |
3% |
2% |
| Southwest |
4% |
4% |
4% |
5% |
4% |
4% |
4% |
5% |
4% |
| Rocky Mountain States |
N/A |
N/A |
N/A |
N/A |
N/A |
<1% |
<1% |
<1% |
1% |
SOUTH EAST |
5% |
3% |
6% |
4% |
4% |
6% |
5% |
3% |
5% |
| Atlanta |
2% |
1% |
2% |
2% |
2% |
2% |
2% |
2% |
2% |
| Southeast - except Atlanta |
3% |
2% |
4% |
2% |
2% |
3% |
3% |
1% |
3% |
| WEST COAST |
26% |
19% |
10% |
14% |
16% |
17% |
18% |
15% |
18% |
| California - Bay Area |
18% |
13% |
5% |
6% |
8% |
9% |
10% |
10% |
12% |
| California - Los Angeles |
3% |
4% |
3% |
2% |
4% |
4% |
4% |
4% |
3% |
| Pacific NW |
3% |
2% |
1% |
4% |
3% |
3% |
4% |
1% |
2% |
| California - Other |
N/A |
N/A |
N/A |
N/A |
N/A |
<1% |
<1% |
<1% |
1% |
| OTHER U.S. |
N/A |
N/A |
N/A |
N/A |
N/A |
<1% |
<1% |
<1% |
1% |
| INTERNATIONAL |
14% |
20% |
22% |
20% |
19% |
16% |
18% |
18% |
20% |
| Asia/South Pacific |
3% |
4% |
5% |
6% |
6% |
6% |
5% |
6% |
6% |
| Europe |
8% |
12% |
11% |
9% |
9% |
8% |
9% |
9% |
10% |
| Latin America |
1% |
2% |
4% |
2% |
2% |
2% |
2% |
1% |
2% |
| Canada |
1% |
1% |
1% |
3% |
1% |
<1% |
1% |
2% |
1% |
| Other International |
1% |
1% |
1% |
N/A |
1% |
<1% |
1% |
<1% |
1% |
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