Employment & Internship Report (2003-2004)
Full-Time Statistics
- 92% of graduates sought employment after graduation. (55/60)
- 91% of graduates who sought employment received a full-time offer within 3 months of graduation. (50/55)
- 95% of graduates who sought employment received a full-time offer within 6 months of graduation. (52/55)
- Base Salary
- Average: $88,675
- Median: $88,000
- Signing Bonuses/Guaranteed
Bonuses
- Average: $26,506
- Median: $17,740
- Un-guaranteed Bonuses
- Average: $34,810
- Median: $25,000
- First Year Compensation
(Guaranteed)
- Average: $103,691
- Median: $103,740
- First Year Compensation
(Un-guaranteed)
- Avergae: $120,426
- Median: $110,125
Updated September 28, 2004
Full-Time Positions (Types)
Analyst
Analyst, Financial Modeling
Analyst, Hedging Strategies
Analyst, Structured Credit
Analytic Science Engineer
Asia Quantitative Equity Derivatives Strategist
Assistant Vice President
Assistant Vice President, Risk Measuring and Management
Associate
Associate Director, Portfolio & Risk Management
Associate Director, Risk
Associate Research Analyst
Associate, Convertible Debt Origination
Associate, Fixed Income Analytics
Associate, Fixed Income Commodities & Strategies
Associate, Institutional Equity Sales
Associate, Quantitative Research
Commodities Strategist
Consultant
Derivatives Strategist
Investment Research Associate
Junior Analyst
Portfolio Manager & Trader, Fixed Income
Portfolio Manager, Research Associate
Quantitative Analyst
Quantitative Analyst and Developer
Quantitative Associate
Quantitative Associate and Developer, Statistical Arbitrage
Research Analyst
Research Associate
Research Data Analyst
Risk Consultant, Analytics
Risk Manager
Senior Consultant, Financial Management Solutions
Senior Financial Engineer
Senior Market Risk Analyst, Corporate Market Risk Management
Senior Quantitative Analyst
Strategy Engineer, Portfolio Management
Structured Credit Trader
Structurer & Trader, Equity Derivatives
Trader, Equity
Trader, Equity Derivatives
Vice President, Financial Risk Management Services
2004 Job Functions
Full-Time Companies
- Axa Rosenberg
- Barclays Global Investors
- BayStar Capital Management
- Bear Stearns
- Blackrock
- Camden Asset Management
- Citigroup Global Markets
- Commerzbank Capital Markets Corporation
- Countrywide Financial Corporation
- Credit Suisse First Boston (NY)
- Credit Suisse First Boston (Tokyo)
- Derivative Solutions Inc.
- Deutsche Bank
- Deutsche Bank Securities Japan
- Economists, Inc.
- Fair, Isaac & Company
- Franklin Templeton
- Gifford Fong Associates
- Goldman Sachs
- Hedge Fund - Chicago ** - Hedge Fund - Kuwait **
- Hedge Funds - San Francisco**
- IBM Business Consulting Services
- JP Morgan
- Knight Equity Markets
- Lehman Brothers
- Marin Capital Partners
- Mellon Capital Management
- Moody's KMV
- Morgan Stanley
- Pacific Alternative Asset Management Company (PAAMCO)
- The PMI Group
- Quantal Asset Management
- Recon Limited Liability Corporation
- Sanford C. Bernstein
- Charles Schwab Inc.
- UBS Warburg
- Washington Mutual Bank
- Wells Capital Management
- The World Bank
2004 Job Industries
2004 Job Locations
Internship Statistics
- 98% of students sought MFE internships (59/60)
- 95% of students seeking internships
held internships (56/59)
- 93% of internships were paid. (52/56)
- 7% of internships were unpaid. (4/56)
- Average Internship Salary: $15,046
- Median Internship Salary: $14,925
Internship Companies*
Agricore United
AIM Investments
Allianz Group Germany
Analytic Investors
Avera Global Partners, LLC
AXA Rosenberg
Barclays Global Investors
BARRA
BayStar Capital Management
Center for Responsible Business, Haas School
Citigroup Global Markets
Citigroup Global Markets Asia Ltd
Commerzbank
Credit Suisse Asset Management
Deephaven Capital Management
Electrabel S.A.
Fair, Isaac Corporation
Fitch Risk
Gifford Fong Associates
Goldman Sachs Hedge Fund in Chicago**
Hedge Fund in San Francisco**
JMG Triton
Knight Equity Markets
Lehman Brothers
Marin Capital Partners
MBIA
Mellon Capital Management
Merrill Lynch Hong Kong
Merrill Lynch Japan Securities Co.
Moody's KMV
Nicholas-Applegate Capital Management
Opt4
Pacific Investment Management Co.
Thunder Bay Capital Management
Tricera Capital
Wachovia Securities
Washington Mutual
Wells Capital Management
* Some companies had more than one MFE intern.
** Company(s) preferred not to be listed.
