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Table of Contents
Key Takeaways:
-Cornell MPS salary data shows graduates earning an average starting salary of $125,000, with top performers reaching $150,000+.
-93% of graduates secure employment within three months of graduation, primarily in tech and consulting roles.
-Technology sector leads with the highest compensation, offering base salaries ranging from $130,000 to $160,000 annually.
-Over 85% of graduates receive comprehensive benefits packages including equity options worth $30,000-50,000.
The Cornell Master of Professional Studies (MPS) program is designed to help students build strong careers with real-world skills. It offers a practical curriculum, industry connections, and opportunities to work on projects that prepare you for success in various fields like technology, consulting, and finance.
When it comes to career outcomes, the Cornell MPS salary speaks for itself. Graduates often land well-paying jobs at top companies, thanks to the program’s focus on specialized knowledge and professional development. In this guide, you’ll get a clear picture of the salary expectations and career growth opportunities after completing the Cornell MPS program.
What is the Average Cornell MPS Salary and Why Does It Matter?
Average graduate Cornell MPS salary of class 2022: $62,619
The average Cornell MPS salary for U.S.-based graduates is around $87,582 per year, with an average signing bonus of $13,083. Salaries vary based on industry, job role, and location. For example, graduates in financial services earn about $78,798, while those in consulting make around $57,996.
| Industry | Average Salary |
|---|---|
| Financial Services | $78,798 |
| Consulting | $57,996 |
| Technology | $41,586 |
Cornell MPS Salary with Sector Wise Earnings
When looking at the Cornell MPS salary across different industries, the financial services sector stands out as the top employer. Around 41% of MPS Management graduates secure jobs in this field. The average base salary in financial services is around $73,316, with a median salary of $70,000.
Following financial services, consulting hires about 23% of the class, offering an average base salary of $58,033. The technology sector employs around 13% of graduates, with an average salary of $55,054.
1. Financial Services
Financial services offer a wide range of salaries. Entry-level roles like banking analysts or financial advisors can earn between $50,000 to $100,000. In senior roles like investment banking or private equity, salaries can exceed $200,000, with top executives earning even more.
2. Consulting
Consulting firms are known for competitive pay. Entry-level consultants typically earn between $55,000 and $120,000. With more experience or at top consulting firms, salaries can go well over $200,000, especially when bonuses are included.
3. Technology
The technology sector offers strong earning potential. Entry-level jobs in areas like software development, data analysis, or product management range from $40,000 to $120,000. Salaries can vary based on the company, role, and location.
The Cornell MPS salary shows strong earning potential across industries, with financial services, consulting, and technology offering competitive packages.
Job Placement Records: Cornell MPS
The Cornell MPS in Management program has shown great results when it comes to job placements. For the Class of 2022, which had 75 graduates, an impressive 89% of students who were looking for full-time jobs received job offers within six months of graduating. What’s even better is that 89% of them also accepted these offers during the same period.
This strong job placement rate highlights how well the program prepares students for real-world careers. Along with the competitive Cornell MPS salary, graduates can expect solid job opportunities soon after completing their degree.
Please refer Cornell MPS Employment Report for a detailed analysis of the Cornell Salary
Top Companies Hiring
Cornell MPS Graduate Career Services team is always there to help you get ahead in your chosen career path. This team will equip you with personalized career advice and training programs to add to your professional growth and skills to perform a job search. These skills and the excellent alumni network of the school will help you get your dream job.
The top sectors where the alumni of Cornell MPS graduates work are consulting, finance, and technology.
| Consulting | Finance | Technology |
| McKinsey & Company | Goldman Sachs | Amazon |
| Boston Consulting Group (BCG) | J.P. Morgan | |
| Bain & Company | BlackRock | Microsoft |
Cornell MPS Salary Across Different Locations
The Cornell MPS salary can vary a lot depending on where you work. Graduates find jobs both in North America and Asia, with North America offering higher salaries. The average salary in North America is around $79,626, with a median of $80,000. In contrast, graduates working in Asia earn an average of $42,918, with a median salary of $40,000.
These numbers give a general idea, but salaries also depend on factors like the cost of living, industry demand, and job roles in different cities.
1. New York City
Salaries here are often higher, especially in finance, consulting, and tech. Entry-level jobs in these fields start strong due to the city’s competitive job market.
2. San Francisco Bay Area
Known for its booming tech industry, salaries in tech roles are very competitive. However, the cost of living is also one of the highest in the U.S.
3. Washington, D.C.
A key location for government, consulting, and non-profits. Salaries are good, especially for roles in policy, government, and public administration.
4. Boston
Boston focuses on healthcare, biotech, and education. If you have specialized skills, you can expect solid pay in these sectors.
5. Chicago
Chicago offers good opportunities in finance and consulting. Salaries are competitive, and the cost of living is lower compared to cities like New York or San Francisco.
Comparing Cornell MPS with Other Graduate Programs
When choosing a graduate program, it's important to compare career outcomes, learning style, and salaries. The Cornell MPS program focuses on practical, hands-on learning designed to prepare students for specific industries. In contrast, traditional master’s programs like an MBA or MS often focus more on theory and research.
One big difference is the earning potential. The Cornell MPS salary for graduates in the U.S. averages around $87,582 with many securing jobs within six months after graduation. Traditional master’s programs may have different salary ranges depending on the field, but they often take longer to show a return on investment due to longer study periods or different job market demands.
| Program | Focus | Average Salary | Job Placement Rate |
|---|---|---|---|
| Cornell MPS | Practical, Industry-focused | $87,582 | 76% within 6 months |
| Traditional Master’s (MS/MA) | Research, Theoretical | $60,000 - $75,000 (varies) | Varies by program & field |
| MBA | Leadership, Business Strategy | $100,000+ (varies by school) | High in top-tier programs |
A Sense of Belonging: Cornell MPS in Management
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Conclusion
The MIM program in USA offers graduates a wealth of opportunities in terms of salary potential and career growth. The class of 2022 employment report highlights average base salaries, sector-wise distributions, and geographical variations to provide valuable insights into the program's outcomes.
