Darden’s Class of 2017 Takes More Tech Jobs, Reports Higher Salaries
By Dave Hendrick
The University of Virginia Darden School of Business continues to see high demand for its graduates, with the Class of 2017 reporting strong increases in salary on a year-over-year basis.
According to data from Darden’s Career Development Center (CDC), the Class of 2017 reported an average base salary of $124,684, with an average signing bonus of $31,966. The figures represent rises from the average base salary and signing bonus of $122,806 and $31,370, respectively, reported by the Class of 2016.
Darden graduates went into a wide variety of fields and continued a growing trend toward technology jobs.
Consulting was again the top industry draw for new graduates, followed by financial services positions and technology. Collectively, more than three-quarters of Darden’s 2017 graduates went into those three fields.
Microsoft was the top employer of the Class of 2017, with 16 Darden graduates signing on with the tech giant. Microsoft’s top spot was followed by The Boston Consulting Group (14), McKinsey & Co. (14), Accenture (11), Amazon.com (10) and Bain & Co. (10).
About 93 percent of Darden graduates reported receiving at least one job offer by three months after graduation and 90 percent of those seeking employment accepted an offer by three months after graduation.
In another year-over-year increase, 10 percent of graduates reported starting jobs outside of the U.S., up from 9 percent for the Class of 2016.
“We are committed to giving Darden students the best career experience possible,” said Assistant Dean of Career Development Jeff McNish. “Our team provides personalized career support to students and we can see the strong impact of that support in our employment outcomes.”
Darden alumni were ranked No. 2 overall in Forbes’ rating of the most satisfied MBA graduates, which also reported that Darden alumni are among the most satisfied with their current jobs.
The CDC will release its full 2017–18 Employment Report in December.
The University of Virginia Darden School of Business delivers the world’s best business education experience to prepare entrepreneurial, global and responsible leaders through its MBA, Ph.D. and Executive Education programs. Darden’s top-ranked faculty is renowned for teaching excellence and advances practical business knowledge through research. Darden was established in 1955 at the University of Virginia, a top public university founded by Thomas Jefferson in 1819 in Charlottesville, Virginia.
Director of Media Relations
Darden School of Business
University of Virginia