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MLOG Graduates Experience Significant Salary Increase In June 2004, thirty-seven students from the Master of Engineering in Logistics (MLOG) Program graduated from MIT. With the demand for experts in supply chain management on the rise, a majority of students in the MLOG Class of 2004 donned their cap and gowns with multiple job offers in their pocket and significant salary offers on the table. In fact, 76 percent of the students had accepted a job offer by graduation day. This figure puts MLOG on par with the country’s top 5 MBA programs, which boast a 75.2% placement rate according to US News and World Report. MLOG grads also had more than one job offer to choose from. Students receiving job offers at the time of graduation averaged 2.5 offers. And of the 24% that did not accept a job, several had received offers but had not yet selected one. MLOG graduates also discovered that their new degree helped them secure significantly higher salaries. At graduation, the median starting salary for the MLOG Class of 2004 was 80% higher than when they began the program just nine months before in September 2003. The group’s current median salary is $90,000. MLOG Executive Director Chris Caplice says the placement and salary statistics for the class of 2004 reflects the growing demand for supply chain management in today’s corporate world. “While starting salary improvement is not the sole metric of success for a professional program, it is a definite indicator of the value that the market is placing on the program,” Caplice said. The recent graduates accepted jobs around the world in distribution,
manufacturing or consulting firms. The companies MLOG 2004 graduates are
now working for include Cap Gemini Ernst & Young, Deloitte & Touche,
McKinsey and Company, Institute of Defense Analysis, NCR Teradata, Johnson
& Johnson, WR Grace & Company, Pepsi Bottling Group, Exel Logistics
and more. Two students chose to continue their education – one is
pursuing his PhD in Logistics here at MIT, the other is attending a MBA/MPP
joint program by Northwestern’s Kellogg School of Management and
Harvard’s Kennedy School of Government. [ top ]
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