2011

Pace University Career Services
Annual Graduation Outcomes and Internship Report 2011
Overview:
Pace University’s Career Services department prides itself on collecting and reporting yearly graduation
outcomes in the form of an Annual Report. This data is used to summarize placements (both fulltime
and internships), salaries and continuing education plans for each graduation class.
Despite a very slow economic recovery, Pace students were fortunate to have access to over 3,000 fulltime jobs and over 2,900 internships that were posted on e Recruiting, our dedicated student job
board. Pace University’s strong commitment to internships and other practice-based experiences gives
our students an advantage in a difficult job market. In fact, data just collected on Pace’s class of 2012
indicates an undergraduate employment rate (at graduation) of 10% above the national average.
Graduates from the class of 2011 who entered the job market with experience gained through an
internship, clinical, fieldwork or student teaching fared best. These students’s full-time placement rate
were 7% higher than those that had not completed an internship.
81% of students who responded to our graduation survey were employed. More than half of all Pace
undergraduates with reported employment had secured their jobs on or before commencement and
85% were in jobs related to their field of study.
This report summarizes the employment highlights of the Pace Class of 2011 including internship activity
from 2001-2011 with detailed school reports. Data is based on a 75% overall response rate to the
graduation survey.
How we obtained the data:

The survey is conducted at cap & gown pick up sessions in May, through mailings that are sent
out after each of the 3 graduation dates (January, June & September) and then another followup mailing to all non-respondents 3 months after the initial mailing, followed by phone calls that
are conducted by RuffaloCody Call Center from December through April. Final follow-up,
including calls to & social media searches on all non-respondents and Still Seekers, were made
by Career Services staff between April and May.

75% of the graduating students provided postgraduate information (77% undergrad and 72%
grad). 44% of them provided salary information.
Highlights:

Overall Placement Rate: 81% of Pace graduates (both bachelor and master degree recipients)
reported full-time employment within one year of graduation. 85% were working in positions
that related to their field of study.
o
Undergraduate Placement Rate: 76% were employed full-time, 20% were continuing
their education (55 students were going to grad school and employed). 94 graduates
were enrolled at Pace for post-baccalaureate studies and 7 at Pace Law School for their
JD degree.
o
Master Level Placement Rate: 86% were employed, 5% continuing their education ( 17
students were continuing in grad school and employed).More than 90% of Seidenberg
and College of Health Professions were employed.

The median base salary for bachelor degree graduates was $45,000. The median base salary for
master degree graduates was $63,000. 3% of graduates reported signing bonuses.

94% of the 5 yr combined degree BBA/MBA graduates in public accounting were employed
with a median salary of $56,000; 11% higher than the national average of $50,500 for BBA
accounting; according to NACE.

60% of undergraduates completed an internship, practicum, clinical or student teaching
experience. 24% of interns received job offers from their employers, 66% accepted the offer.

41% of Pace graduates obtained their jobs through a Pace-related service or activity
Organizations employing Class of 2011 included:
Hired 8 or more Pace graduates:
The “Big 4” accounting firms
JPMorgan Chase & Co.
Montefiore Medical Center
Morgan Stanley
Additionally, hired 4 or more Pace graduates:
Bank of New York
BDO USA
BNY Mellon
Con Edison
Goldman Sachs
HSBC
Mount Sinai Medical Center
New York Life Insurance

New York Presbyterian Hospital
NYC Dept. of Education
Pace University
Zenith Optimedia
Northern Westchester Hospital
OCME
Societe Generale Corporate &
Investment Bank
TimeLink
Verizon
White Plains Hospital
Approx. 2,400 university sponsored internship & fieldwork experiences were completed by
1900+ students in 2010-2011.
o 1030 internships were for experience only (26% of these were for international
students); 998 were for academic credit
o
Approx. 1600 were undergraduate placements; 800 were master’s degree placements
o
52% of internships were paid; the average salary for Bachelor degree candidates:
$15.90/hr; Master degree candidates $17.61/hr.
Employers hiring co-op interns include:
Hired 10 or more Pace interns:
the “Big 4” accounting firms
American International Group, Inc.
(AIG)
Bank of America Merrill Lynch
Cape Securities, Inc.
Deutsche Bank
Hearst Magazines
IBM
JPMorgan Chase & Co.
Morgan Stanley
MTV Networks
New York County District Attorney's
Office
UBS
Zenith Optimedia
Additionally, hired 5 or more Pace interns:
Altfest Personal Wealth Management
Aon Corporation
Argus Information & Advisory Services, LLC
Camelot Communications
City of Stamford
Diesel USA, Inc.
Goldman, Sachs & Co.
Haver Analytics, Inc.
Kings County District Attorney's Office
Marsh & McLennan Companies, Inc.
My Sports Dreams
Degree
Dyson Arts & Sciences
 Bachelor
 Master
Lubin School of
Business
 Bachelor
 Master
Seidenberg CSIS
 Bachelor
 Master
College of Health
Professions
 Bachelor
 Master
Education
 Bachelor
 Master
# of
Graduates
Surveyed
795
583
212
915
NBC Universal
NYC Financial Network Action Consortium
NYSE Euronext
Omnicom Group
Pace University
Rachael Ray-KWP Studios Inc.
SCHOTT North America, Inc.
The WhiteRock Group, LLC
United Staffing Solutions
Warner Music Group
WPP Group Inc.
# w/ Data
Employed*
Average
Salary
Continuing
Education*
460 (79%)
153 (72%)
70%
83%
$35,000
$47,000
28%
551
364
179
47
132
264
426 (77%)
273 (75%)
77%
84%
$49,000
$70,000
10%
30 (64%)
108(82%)
84%
88%
$74,000
$76,000
20%
115
149
183
16
167
81 (70%)
91 (61%)
67%
94%
$64.000
$87,000
23%
16 (100%)
115 (69%)
50%
77%
None Given
$53,000
69%
* Includes only those respondents who indicated one of the following:
 Employed full-time
 Starting own business or self-employed
 Seeking full-time employment
Respondents who indicated Continuing Educational may have also indicated Employed full-time.
How Undergrad students obtained their jobs:
Networking
When Undergrad students received job offers:
Within 3
months of
graduation
21%
29%
Co-op Internship
21%
Applied Directly
16%
eRecruiting/RR
10%
Internet Source
9%
Employment Agency
Had job
while
attending
school
23%
5%
Campus Interview Program
4%
Faculty Referral
3%
Career Fairs
2%
Alumni Contact
1%
0%
20%
40%
Prior to or
upon
graduation
30%
More than 3
months after
graduation
26%