Chicago Booth School of Business MBA Employment Report 2021

Career Choices Trends in Top Three Sectors

Initially, the financial sector was the most preferred sector amongst all MBA graduates. Since, past 5 years, there has been a significant battle between consulting and the financial sector. In the year 2019, consulting was top on the chart as it was most preferred by the MBA graduates. However, in 2021 the big story happened as tech increased the numbers and 21% of the class chose the tech sector, marking the history of B-school.

Booth Business School: Demographic Sectors

Last year, Boothies experienced a hard time while finding jobs. The 3 months after graduation stats for Booth Business School MBAs were somewhat down to 92.8% from 96.3%. Furthermore, job acceptance was also down, to 91.4% from 95.1%. In 2021, 92.9% students had job offers at graduation and 97.7% had offers at three months, which was a substantial increase. However, a big jump was experienced in acceptances as it was 96.4% for this year.

After graduation in 2019, the largest group of MBA students at 26.1% stayed in Chicago contributing to the Midwest total of 28.9%. Apart from this, 21.7% of the students headed to the West Coast, out of which, 13.5% in the Bay Area, 6.1 in Seattle and 2% in Los Angeles. Around 21.3% of students accepted jobs in Northeast, mainly New York. Additionally, Westcoast numbers were also up with 24.6% graduates.

In 2021, Midwest and Northeast experienced loss with 29.6% and 21.8% respectively, whereas West numbers climbed again to 26.8%

As per reports from Poets & Quants, in the year 2019 12.8% of the students joined organisations out of the U.S.Out of all, 5% of them went to Asia, 4.8% in Latin America and 1.7% in Europe, mainly London. However, the statistics for 2021 are different due to the decrease in number of international placements to 8%.

Different Sectors for MBA Graduates from Chicago Booth School of Business

After completing graduation, students from University of Chicago Booth Business School choose various sectors for placements. The highest contributing sectors are Finance, Consulting and Technology. However, some of the other sectors with 2021 percentage hiring are tabulated below.

Also Check: MBA Jobs in USA

Chicago Booth School of Business: Top Recruiters

Today's premier organisations in every industry recruit graduate students and interns from Booth's Full-Time MBA Program, from McKinsey in Singapore to NBCUniversal in New York.

• 273 companies hired booth students for full time jobs in the US.
• 92.8% of the graduates received full-time job offers within 3 months of graduation.
• 80.2% of graduates were hired because of a school-facilitated effort, such as an on-campus interview, campus recruiting event, or Booth relationship.
• 54.2% companies hiring four or more graduates and 11.8% hiring two or three graduates.

Some of the top hiring recruiters with numbers of students are tabulated below:

Pursuing a degree at the Chicago booth Business School opens opportunities for students and enables them to venture the world. The job report for the past 8 years has seen diversified changes. Therefore, technology has taken a great shift this year and more students can pursue careers in it. Consulting is still the king of MBA degrees and finance stays as a first runner up. Coming year will open several opportunities for students as the USA is offering relaxations and the market is at boom.