Annual Report - Princeton University

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Annual Report2016-2017

WelcomeO n behalf of the entire Career Services team, I am delighted to share our annual report featuring thepost-graduation destinations of the Class of 2017, the experiences of our students during the summer of2017 and our office activities for the 2016-17 academic year. To provide additional context as you review thehighlights in this report, I’d like to share responses to two of the most common questions we receive abouttrends in the employment market.“What are employers looking for in entry-level candidates?” We routinely hear this question from students,parents, faculty and staff. According to surveys conducted by the National Association of Colleges andEmployers over the past few years, employers across all industries are looking for critical thinking skills;ability to conduct research, analyze data and solve problems; professional communication skills; theflexibility to work both independently and in teams; and cultural understanding and global fluency. In short,all employers prefer candidates who have the broad intellectual competencies gleaned from a liberal artseducation. This is reflected in the diverse range of industries and fields pursued by the Class of 2017 acrossall majors, as well as in the significant growth in the number of employer relationships in new and emergingindustries of interest to our students.It is also important to note that employers are seeking graduates who have practical, work-basedexperiences—such as those gained through internships, on-campus jobs, research, global travel andservice—that demonstrate that they can apply their knowledge in real-world settings. Throughout thisreport you will see evidence of the many rich academic, co-curricular and experiential opportunities inwhich Princeton students engage during their four years. You will also see how our holistic model of careerdevelopment helps guide students through a process of self-discovery and purposeful career exploration,empowering them to pursue opportunities which align with their unique strengths, values and passions.“What is the future of work?” This is another very popular question in our field and the topic of much debate.There is no doubt that rapidly evolving technology, digital disruption and artificial intelligence will continueto have a profound impact on the employment landscape over the next decade and beyond. The Officeof Career Services is dedicated to preparing students for both the immediate college-to-career transitionand to equipping them to manage change throughout their careers. Simply stated, we’re not just preparingstudents for the jobs of tomorrow, we’re helping students discover how they can lead lives of impact in thenew world of work.We welcome your questions, feedback and partnership as we strive to create a highly personalized andtransformative career learning experience for all students.Eva Kubu, Director2

CONTENTSABOUT US4Career Advising/Student-Alumni Engagement5Career Education6Employer Outreach and EngagementCLASS OF 2017 OUTCOMES8Summary of Survey Results9Graduate and Professional School10Employment by Industry11Careers in Service12Full-time Salary Averages by Industry and Job Function13Top Destinations2017 SUMMER EXPERIENCE REPORT14-15 Summary of Survey Results16Geographic Distributions/Top U.S. Destinations17Top Industries18Internship Salary Averages by Industry

About UsCareer Services offers a personalized approachdesigned to help Princetonians develop the skills toproactively manage their careers throughout theirlives. By combining advising, career education, alumniengagement and recruiting, we guide undergraduateand graduate students through a personalized processof exploring, discovering and pursuing meaningfulopportunities.Career AdvisingWe provide one-on-one meetings and facilitateworkshops for Princeton undergraduates, graduatestudents and alumni to help them define, articulate andimplement a personalized career action plan throughouttheir time on campus and beyond.5,651career advisingappointmentsin 2016-17.Student-AlumniEngagementAlumni play a critical role assisting Princeton studentsexplore and discover potential career paths. Ourengagement strategy offers students a broad range ofopportunities to connect with alumni for networking,mentoring and recruiting.480alumni participated inevents and/or hostedPrinceternships.4

Career EducationOur comprehensive education and programming effortsfocus on career exploration and experiential learning. Weadminister a broad range of skill-building workshops forstudents and alumni, and manage programs that providean inside look into various professions.11,541attendees for 396Career Services eventsin 2016-17.3,7762016-171,0442013-14students participating instudent-alumni engagementprograms.46%of the Class of 2017 reportedthat the advice received fromalumni helped influence theirpost-graduation plans.5

About Us3,142on-campus interviewsin 2016-17.42,190applications submitted for 6,545jobs and internships throughHandshake, our online careermanagement system.Employer Outreachand EngagementWe build partnerships with employers to provide access tomeaningful employment, experiential and recruiting opportunitiesfor students. In addition to bringing employers to Princeton as partof the on-campus recruiting program, we identify potential partnersand develop recruiting relationships informed by students’ reportedinterests to expand the number of opportunities that inspire students.13,669growth in employerrelationships (2016-17).5,532(2013-14)6

“I visited Princeton this past January during my fellowshipyear and was excited to stop by Career Services and share lifeupdates because it’s full of people who have supported me ingetting to where I am. It started when I was a starry eyedfreshman looking for my first college internship experience,continued when I was a determined senior who had greatoptions for next steps and needed sounding boards andreassurance.I know a lot of what has happened and willhappen finds its roots in the dedication and excellence of theOffice of Career Services, and for that I am forever thankful.– Briana Payton, Class of 20177

Class of 2017 OutcomesClass of 2017Post-Graduation OutcomesEach year we survey the outgoing senior class to gather information about their planswithin six months of graduation. Post-graduation plans were reported for 1,266(99.8 percent) members of the Class of 2017. For more information on outcomes,visit: achieved theirpost-graduation planswithin six months.72.5%accepted full-timeemployment.17.5%pursued furthereducation.8

Number ofGraduates Attending21University of Pennsylvania12Princeton University11Harvard University11University of Cambridge11Columbia University10University of Oxford105%wedM40 %34 %l11 %ratoocicDalDegree Types“!EDENRrsteasMOLLStanford UniversityLaTop SchoolsI’m going to be in Oxford next year doing a two-yearMPhil in British and European history from 1500. I’mreally looking forward to it. I was deciding betweenthere and a couple other places in the UK. The decisionwas a new one for me this year, up until this point I’dbeen doing a lot of finance internships. Chandler Sterling ‘179

Class of 2017 OutcomesEmployment by Industry 2017The chart on the following pages shows the range of industries represented in the employment plans of the Class of2017 compared to the Class of 2016. The industries listed in the chart below are based on the North American IndustryClassification System (NAICS), a standardized industry classification system used by federal statistical agencies and theHoover’s Business Database to analyze and publish data related to U.S. businesses and the economy. This system offerscomprehensive industry categories and subcategories and illustrates the wide range of industries our graduates pursueafter Princeton.Figures and sample employers are not listed where less than five students reported pursuing employment.Primary NAICSIndustry CategorySampleEmployersPercentof Class2016NumberEmployedPercentof ClassProfessional, Scientific,& Technical ServicesIBM, McKinsey & Company,Bloomberg, Bain & Company, TheBoston Consulting Group22517.7%24519%Finance & InsuranceGoldman Sachs, Barclays, MorganStanley, JPMorgan Chase & Co.,BlackRock, Credit Suisse, Jane StreetCiti16412.9%18014%InformationGoogle, Microsoft & Facebook806.3%856.6%Educational ServicesPrinceton in Asia, Princeton University675.3%433.3%Other Services (exceptPublic Administration)Princeton AlumniCorps (Project 55),Environmental Defense Fund393.1%352.7%Health Care & 8%342.6%Public AdministrationNew York County District Attorney’sOffice292.3%211.6%Administrative &Support ServicesTeach for America231.8%211.6%171.3%120.9%Arts, Entertainment,& Recreation102017NumberEmployed—Retail TradeAmazon141.1%201.6%Wholesale TradeApplied Predictive Technologies120.9%171.3%Accommodation &Food Services—70.6%—Management ofCompanies & Enterprise—60.5%50.4%Real Estate & Rental& —

Careers in ServicePrinceton University’s informal motto “In the Nation’s Service and theService of Humanity” is reflected in the paths recent graduates pursue.Politics22.2%are working in the nonprofit/governmentsector or in a service-oriented role.MedicineResearchCivic organizationsLegalEducation & teaching22.4%Social advocacyreported service or civic engagementexperiences they had at Princeton helpedinform their post-graduation plans.MuseumsLocal government“I love working at a nonprofit organization thatis truly in line with Princeton’s motto. I attendedmultiple Career Services events that exposed meto the myriad avenues Princeton students canpursue post-graduation. The Career Services staffwas wonderfully straightforward about how bestto get to where I wanted to be: working in thepublic sector at a nonprofit.- Anna Walker ‘171111

Class of 2017 Outcomes 72,128average starting salaryfor those employedfull-timeFull-time Salary Averages by Industry & Job FunctionSalary figures are summarized below for job functions and industries with five or more respondents.Industry categories are based on the North American Industry Classification System (NAICS), andjob functions were determined using the Standard Occupational Classification System (SOC).Figures are not listed where less than five students reported pursuing employment.NumberReportingSalaryAverageBusiness and Financial Operations293 73,657 26,000 - 150,000Computer and Mathematical111 106,965 50,000 - 150,000Sales and Related34 93,794 35,000 - 160,000Life, Physical, and Social Science31 41,238 26,000 - 70,000Management31 63,999 24,000 - 200,000Architecture and Engineering19 75,439 46,000 - 125,000Education, Training, and Library19 37,791 21,600 - 58,000Legal16 44,862 31,200 - 70,000Arts, Design, Entertainment, Sports, and Media16 54,877 20,000 - 192,000Healthcare Practitioners and Technical14 34,651 25,000 - 42,000Community and Social Service10 32,945 20,000 - 44,400Military Specific7 40,119 30,000 - 60,000Occupational Job FunctionNumberReportingSalaryAverageProfessional, Scientific, and Technical Services179 72,831 31,200 - 131,500Finance and Insurance156 87,753 30,000 - 160,000Information68 98,740 29,120 - 130,000Other Services (except Public Administration)32 37,382 20,000 - 50,000Health Care and Social Assistance28 41,238 25,000 - 110,000Manufacturing28 70,304 40,000 - 115,000Educational Services26 41,452 21,600 - 79,500Public Administration20 45,049 30,000 - 130,000Administrative and Support and WasteManagement Remediation Services14 48,829 26,000 - 85,000Retail Trade11 85,523 36,750 - 110,000Wholesale Trade10 88,600 40,000 - 110,000Arts, Entertainment, and Recreation7 75,577 20,000 - 192,000Management of Companies and Enterprises6 70,600 41,600 - 85,000Unknown/Unspecified59 52,470 24,000 - 200,000Industry12SalaryRangeSalaryRange

Top Destinations for EmploymentNoN or t h e ast44%westrthMidwMAidtlantic19%Southe3%as tt/West17%eshwSo utt5%es4%8%Top InternationalDestinations:United KingdomChinaCanadaKenyaSouth KoreaHEDIR!“After graduation, I’ll be working as a educationapprentice at the Cleveland Playhouse, which isa regional theater in Cleveland, Ohio.- Nadia Diamond ‘1713

2017 Summer Experience ReportSummer Experience Survey ReportInternships, jobs and academics provide valuable opportunities for students to explorecareer-related interests and develop their skills. Each year, we survey undergraduatestudents to identify the ways they spent their summer. The following summarizesthe responses from 2,459 students from the Classes of 2018, 2019 and 2020, andinformation from University departments and employers.6%Volunteering, travel& other activities15%AcademicstudyTypes of SummerExperiences17%Research63%Internship/summer job98%of the Class of 2017 reportedhaving participated in at least oneinternship or work experienceduring their time at Princeton.36%of students reported participating insummer experiences designed to helpsolve problems in communities and/orto make a positive impact on society.14

Funding86%7%7%Paid/received fundingUnpaid/did not receive fundingUnknown62%of students had a summer internship,research or work experience funded solelyby a Princeton University-affiliated source.How Princetonians FoundTheir Summer OpportunitiesFamily/Friend418Career Services’ Resources/Events368Princeton-affiliated Programs356Faculty/Staff315Internet Posting293Previous 8%Since multiple resources could be selected, the graph depicts the totalnumber of students that reported using each resource.* Includes tactics such as researching organizations online and direct outreach to employers.15

2017 Summer Experience ReportTop U.S. DestinationsPrinceton, NJ17%New York, NY12%Washington, D.C.4%Top orted summerexperiences in the U.S.HID!ER*6% did notreport a location34%reported summerexperiences internationally.“I’m currently an analyst at Mongolia International CapitalCorporation in Ulaanbaatar, Mongolia. I work on a smallteam comprised predominantly of women, which is not anexperience I had during internships in business and financewhile I was in college. The mentorship I have receivedand friendships I have formed in this position have beenincredibly rewarding. Shefali Jain ‘1716

Distribution by IndustryThe following chart displays the range of industries represented in the summer experiences reported by students for the summer of2017. Industries listed in the chart below are based on the North American Industry Classification System (NAICS), a standardizedindustry classification system used by federal statistical agencies and the Hoover’s Business Database to analyze and publish datarelated to U.S. businesses and the economy. This system offers comprehensive industry categories and illustrates the wide range ofindustries in which our students pursue summer experiences.The nonprofit sector is incorporated in the industry categories below and does not appear as a separate category. Figures are notlisted where less than five students reported summer experiences.Primary NAICSIndustry mberStudentsPercentRespondentsEducational Services45329.5%31026.3%Professional, Scientific,& Technical Services16310.6%14212.1%Finance & Insurance1318.5%1169.9%Public Administration875.7%645.4%Healthcare & Social Assistance845.5%655.5%Information795.1%837.1%Other Services (exceptPublic Retail Trade271.8%121%Administrative & Support Services271.8%272.3%Arts, Entertainment & Recreation221.4%211.8%Accommodation & Food Services90.6%90.8%Construction70.5%70.6%Real Estate & Rental & Leasing50.3%40.3%Mgmt. of Companies & Enterprises50.3%30.3%Utilities——50.4%Wholesale Trade——60.5%Unspecified32621418.2%21.2%17

2017 Summer Experience ReportSalary Averages by Industry*Salary figures are summarized below by industry using the NAICS tional Services413 479Professional, Scientific, and Technical Services150 759Finance and Insurance99 1,155Health Care and Social Assistance76 457Public Administration74 487Information73 1,221Other Services (except Public Administration)59 482Administrative and Support Services24 822Manufacturing (Computer, Appliance, Machinery,Transportation)23 921Arts, Entertainment, and Recreation21 501Retail Trade (Sporting Goods, General, Other)17 1,292Manufacturing (Chemical, Paper, and Printing)14 816Accommodation and Food Services9 666Retail Trade (Electronics, Building, Food,Personal Care, Gas, Clothing)9 811Construction6 533Management of Companies and Enterprises5 698Real Estate5 791Unspecified301 501Occupational Job Function*For full-time internships, jobs and research.18

Satomi Yaji ChudasamaAssociate Director, EmployerEngagement & RecruitingAndria Mirabal ‘08Associate Director,Student/Alumni EngagementKimberly BrownAssociate Director,Employer OutreachHayley HedgpethAssistant Director, Employer OutreachSeeta HaybanEmployer Engagement &Recruiting ManagerAnne DegnanEmployer EngagementCoordinatorTiffany SiroisEmployer Engagement AssistantKate CoppolaSenior Associate Director,Career AdvisingKathleen MannheimerSenior Career Adviser, AthleticsJuli-anne JensenAssociate Director,Arts, Nonprofit & Public SectorPam CohenAssociate Director, STEMSusanne KillianAssociate Director,Graduate Student Career AdvisingLarry KamguiaAssistant Director, Career AdvisingDoug RicciCareer Adviser, AlumniRachel JimenezAssociate Director, Internships& Experiential EducationRussell Dinkins ‘13Diversity CoordinatorTeresa BelmontEvents CoordinatorKaren GrazianoPre-law AdviserMichael M. CaddellSenior Associate Director of StrategicCommunications & MarketingDawn MortonFront Desk AdministratorMatt FrawleySenior Associate Director,Career EducationLisa Martiny FestaGraphic Designer/Digital Media StrategistJustin KazlauskasComputer Support SpecialistMichael FisherCommunications &Multimedia SpecialistJordan TegtmeyerSenior Associate Director of InformationTechnology, Finance & AssessmentKristi GeistAssociate Director, Finance,IT & AssessmentMEET THE STAFFEvangeline “Eva” KubuDirector

Stanford University 21 University of Pennsylvania 12 Princeton University 11 Harvard University 11 University of Cambridge 11 Columbia University 10 University of Oxford 10 Top Schools 40% 11% 34% 5% Masters Medical Doctoral Law Degree Types E N R O L L E D ! I’m going to be in Oxford nex

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