The MIT Sloan Master in Finance program has done it again. Another great year of placements and salary stats. I personally rank MIT as the top program in the US and you can see with their consistent placements into front office finance roles for both domestic and international student that they truly deserve this designation.
First, lets take a look at the 2014 class profile:
Number of Candidates | 127 |
U.S. Citizens | 14% |
Non-U.S. Citizens | 86% |
Women | 44% |
Average GMAT Score Range | 700-760 |
Average Undergraduate GPA (out of 4.0) | 3.8 |
Average Full-Time Work Experience Prior to MIT Sloan | 17.6 months |
One thing that surprises me some is the fact that the program is so overweight international students. I am also pleasantly surprised by the number of women in the program. Top scores on both the GMAT and GPA are universal though.
As of September 2014, 96% of the class had received offers, with two thirds being located in the USA. Average salary is $75,000, with a top salary of $115,000. This is base salary also, which is slightly misleading as so much compensation is deferred compensation. You can expect the all in number to be much higher. Three quarters of the class went into finance, with the rest going into consulting or business development.
Here is a list of firms that hired 2014 MIT Master in Finance Students:
- 3W Partners Capital
- Altair Management Consultants
- American Modern Insurance Group
- Analysis Group
- Architect Partners
- Bain & Company
- Bank of America Merrill Lynch
- Barclays Capital
- Boston Consulting Group*
- Brattle Group
- Christie’s
- Citi*
- CITICS Securities
- Compañía de Inversiones
- Adriático
- Consolidated Trading
- Credit Suisse
- Deloitte Consulting*
- Deutsche Bank
- Dimensional Fund Advisors
- Dow Chemical Company
- Eclipse Trading
- Fortress Investment Group
- Geode Capital Management
- Gerald Metals
- Glencore AG
- Goldman Sachs Group*
- J.P. Morgan Asset Management
- JPMorgan Chase & Co.
- Loomis Sayles & Co.
- Macquarie Capital
- McKinsey & Company*
- Meketa Investment Group
- Moody’s Corporation
- Morgan Stanley*
- P/E Investments
- Ping An Bank
- Prudential Capital Group
- Putnam Investments
- RBC Capital Markets Corporation
- Roland Berger Strategy Consultants
- Ross Jeffrey & Antle
- Sanders Capital
- Sanford C. Bernstein & Co.
- SRR- Stout Risius Ross
- State Street Corporation*
- Strategy&
- Sunnova Energy
- Trafigura
- Tudor Investment Corporation
- UBS
- Virginia Retirement System
- Wellington Management Company
Wow, that is a long and top notch list! Bolded companies hired at least two MSF students in 2014.
Companies with an (*) have hired MSF students for the last three years
Companies in red have hired at least one MSF student since the inception of the program (WOW!)
These stats just keep getting better, reflecting the quality students that are admitted as well as the education that they receive. Check out the MIT Sloan Master in Finance website for more information. In the meantime I will work on getting some recent student reviews.