UC Berkeley University of California Berkeley MBA Placements: Job Opportunities & Placement rate, Packages

The Haas School of Business is the business school of the University of California, Berkeley. Prominent ranking publishers rank it among the top business schools in the USA and across the world. Students graduating with an MBA degree from the university have been hired as full-time employees as well as interns by globally reputed tech companies, financial institutions, consulting firms, consumer products manufacturers, etc. Haas has been recognized among the top 10 business schools for return on investment with regard to compensation or salary. In 2018, Financial Times reported that by three years of post-graduation, an average salary hike of 104% was recorded for MBA graduates. Also, 90% of the MBA graduates from Haas have received offers within three months of graduation.

This article will discuss UC Berkeley’s MBA placement report for the year 2022. 

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Haas School of Business MBA Placement Highlights 2022

Haas School of Business MBA Class Profile 2024

This section throws light on the entering class of MBA 2024 and its student profile. A total of 247 students have been enrolled on the MBA program. 46% of the batch were females and 16% of the students represented the LGBTQ+ community. Students from all across the globe have obtained admission in this course, with the average years of work experience being 5.6 years. Read below to get in-depth details about the 2024 batch:

• GMAT: The average GMAT score recorded was 729, the median score was 730 and the middle 80% range was between 700 to 760.
• GRE Verbal: The average GRE Verbal score recorded was 161, the median score was 162 and the middle 80% range was between 153 to 167.
• GRE Quant: The average GRE Quant score recorded was 163, the median score was 163 and the middle 80% range was between 155 to 169.
• The average undergraduate GPA recorded was 3.64.
• 13% were first-generation college students and 41% of the students were from overseas, representing 45 nations.
• 45% of the students were U.S. minorities and 17% were the underrepresented minority.
• Pre-MBA Industries: Consulting (23%), Financial Services (18%), High Technology/Electronics (13%), Health/Pharma/Bio-Tech (9%), Not-for-Profit (6%), Energy (5%), Real Estate (5%), Consumer Products/Retail (4%), Military (3%), Other (15%).

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Haas School of Business MBA Employment Profile 2022

In 2022, 93.8% of job offers were received after three months of graduation out of which 92.8% were accepted by the students. 85.6% of the students were still finding employment whereas 12.5% were not looking out for any job. 0.6% of the MBA students opted to study further.

Timings of Job Offers and Acceptances

Source of Jobs

School facilitated Activities

• Haas Interviews: 16.1%
• Internship Conversion: 37.3%
• Job Postings: 15.7%
• Haas Network/Resources: 4.7%

Student facilitated Activities

• Personal Network or Previous Employer: 12.2%
• Internship Conversion: 5.5%
• Other: 8.6%

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Haas School of Business MBA Top Employers 2022

18% of the graduates confirmed that their job profile had a social impact component and 14% of the students opted to work for startups. Some of the top organisations/ firms which hired Haas MBA graduates have been featured in the table below:

Haas School of Business MBA Placement by Industry 2022

The industry which hired the maximum number of Haas MBA graduates was Technology/Telecom, with an employment rate of 32.90%. This was followed by Consulting and Financial Services with Haas MBA graduate hiring rates of 28.20% and 13.70%. The chart featured below displays the top industries which absorbed MBA graduates from Haas along with the employment percentages. Also note that the industry in which the least percentage of MBA graduates were hired was Energy/Utilities, with only a 2% employment rate.

Haas School of Business MBA Placement by Function 2022

If we talk about employment on the basis of functions, Consulting was at the top position with a hiring rate of 29.8%. In second place was Technical with hiring percentages being 19.2%. This was followed by Corporate and Finance, with 15.3% and 13.3% of MBA graduates hired. Other sectors that witnessed a good amount of MBA graduates hiring were Marketing (7.8%) and Operations/Logistics (5.5%). Real Estate hired the least percentage of MBA graduates from the Haas School of Business, with the employment rate standing at 2.4%.

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Haas School of Business MBA Average Salary by Industry 2022

In the year 2022, 73.9% of MBA graduates obtained sign-on bonuses and 42.8% got stock options. The mean base annual salary recorded was USD 152,831, whereas the median base annual salary was USD 155,000. The mean sign-on bonus was USD 33,418. 

Industry	Mean Base Annual Salary	Median Base Annual Salary
Consulting	USD 166,637	USD 175,000
Transportation/Logistics	USD 151,875	USD 152,500
Heath/BioTech/Pharma	USD 151,292	USD 152,500
Technology/Telecom	USD 150,676	USD 151,000
Energy/Utilities	USD 150,400	USD 146,000
Real Estate	USD 146,667	USD 140,000
Financial Services	USD 141,935	USD 140,000
CPG/Retail	USD 139,869	USD 140,000

Haas School of Business MBA Average Salary by Function 2022

The industry which yielded the highest 'mean base annual salary' for MBA graduates was Consulting, with the compensation being USD 166,350. This was followed by Real Estate and Rotational Programs/HR, with students obtaining mean base annual salaries of USD 151,980 and USD 146,667 respectively. The table displayed below features the mean base annual salary as well as the median base annual salary of different industries into which students were hired.

Industry	Mean Base Annual Salary	Median Base Annual Salary
Consulting	USD 166,350	USD 175,000
Real Estate	USD 151,980	USD 147,500
Rotational Programs/HR	USD 146,667	USD 140,000
Corporate	USD 144,943	USD 142,500
Finance	USD 143,282	USD 140,000
Marketing	USD 142,749	USD 145,000

MBA Base Salary by International Region

*Total mean base salary (USD 152,886), median base salary (USD 155,000), Total high base salary (USD 215,000).

• Asia: Mean Base Salary (USD 105,310), Median Base Salary (USD 96,551), High Base Salary (USD 130,000).
• Latin America & the Caribbean: Mean Base Salary (USD 87,455), Median Base Salary (USD 88,635), High Base Salary (USD 90,000).
• North America: Mean Base Salary (USD 155,079), Median Base Salary (USD 155,000), High Base Salary (USD 215,000).

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Haas School of Business Campus Placement Support

Students, by the time they graduate, have a fair idea about the stream they wish to pursue further or the profession they wish to get into. A university's campus placement centre plays a significant role in assisting students, as well as alumni, identify their interests and potential required to enter a specific field of career. Being industry-ready means being geared up for corporate challenges, having knowledge about job markets, having an idea about how to face a recruitment process and much more. Haas School of Business also has a dedicated career help centre which offers facilities such as:

Career Counselling: Students can book appointments with career experts and peer advisors and take forward their professional journey. Students can interact with the experts via video call, phone call or in person. 

Drop-ins and same-day mini options: Students who want to get their CVs and cover letters evaluated or have any queries related to careers, internships, further education, etc. can book these appointments. The duration of a same-day mini-appointment is 15 minutes and quick queries can be asked related to job and internship exploration, handshake job-finding tips, cover letter writing, and much more.

Berkeley Career Network: By joining this network, university students and alumni can reach out to various professionals and build connections. Connection-building suggestion is customised as per students' area of interest, majors, industries, etc. It also enables them to send messages or book online or in-person meetings with experts.

Career Fests: Students from all the departments can meet and interact with potential employers in a virtual or in-person setting. Career fests offer good opportunities to discover more about different jobs and internships. 

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