The 2023 Baruch MFE Employment Report contains full-time and internship numbers aggregated over the last three years, and including details on employers, job functions, job industry.
The Baruch MFE program has over three hundred alumni. Over 85% of our alumni work in the financial industry, the vast majority of them in New York. Our international students are equally successful on the job market as US residents, the only difference being that international students are rarely eligible for positions that have to be filled immediately.
Employment Reports:
2023 Baruch MFE Employment Report
2022 Baruch MFE Employment Report
2021 Baruch MFE Employment Report
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First Year Guaranteed Compensation [Base Salary, Sign-on Bonus, Guaranteed First Year Bonus]
| Graduation Date | Graduates | Placement Rate | Job Already | High | Low | Average | Median |
|---|---|---|---|---|---|---|---|
| Dec 2022-May 2023 | 26 | 25 of 25 | 1 | 300K | 133K | 228K | 195K |
| Dec 2021-May 2022 | 27 | 24 of 24 | 3 | 260K | 120K | 191K | 200K |
| Dec 2020-May 2021 | 31 | 31 of 31 | 0 | 285K | 105K | 169K | 155K |
Area of Employment
| Graduation Date | Hedge Fund/ Prop Trading/ Asset Management | Investment Bank | FinTech | Consulting |
|---|---|---|---|---|
| Dec 2022-May 2023 | 75% | 25% | 0% | 0% |
| Dec 2021-May 2022 | 50% | 50% | 0% | 0% |
| Dec 2020-May 2021 | 32% | 52% | 16% | 0% |
| Dec 2019-May 2020 | 50% | 40% | 10% | 0% |
| Dec 2018-May 2019 | 41% | 46% | 14% | 0% |
Geographic Location of Employment
| Graduation Date | US (New York) | Asia | Europe/ London |
|---|---|---|---|
| Dec 2022-May 2023 | 80% (76%) | 20% | 0% |
| Dec 2021-May 2022 | 83% (79%) | 13% | 4% |
| Dec 2020-May 2021 | 97% (87%) | 3% | 0% |
| Dec 2019-May 2020 | 100% (90%) | 0% | 0% |
| Dec 2018-May 2019 | 97% (92%) | 3% | 0% |
| Dec 2017-May 2018 | 97% (91%) | 3% | 0% |
| Dec 2016-May 2017 | 97% (86%) | 3% | 0% |