February 2004

For the Record:
Placement Report: MBA Class of 2003

Industry	Percentage of Class	Median Base Salary	Median Total Compensation
Service (75 percent)
Management Consulting Private Equity Hedge Funds Financial Svs./Diversified E-Commerce/Internet Entertainment/Media Invest. Banking/Brokerage Nonprofit/Government Consumer Services Investment Management Venture Capital Other	29 7 6 5 4 4 4 4 3 2 2 5	$100,000 $100,000 $82,500 $84,000 $81,250 $80,000 $85,000 $90,000 $87,500 $82,500 $130,000 $85,000	$130,000 $175,000 $147,500 $129,000 $121,250 $130,000 $125,000 $97,500 $131,500 $147,500 $170,000 $119,000
Manufacturing (25 percent)
Consumer Products Computers (Software) Biotech/Pharm/Medical Computers (Hardware) Industrial/Equipment Networking/Telecom Other	7 6 4 2 2 1 3	$82,000 $100,000 $105,000 $95,000 $95,000 $103,500 $105,000	$105,200 $130,000 $135,000 $121,500 $123,500 $133,500 $135,000
Top functions Consultant: 31 percent General Manager/Founder: 15 percent Business Development/Strategic Analyst: 9 percent Total compensation Median: $135,000 (down 3.6 percent from previous year) Range: $41,000–$350,000 Base salary Median: $100,000 Range: $418,000–$175,000 For further details: www.gsb.stanford.edu/cmc/reports/report03.html

Source: Stanford Business School Career Management Center