Baker Program in Real Estate Employment Report 2022


Curious about your potential for job placement and earnings from the Master of Professional Studies in Real Estate (MPS-RE)/The Baker Program? Explore the salaries, industry sectors, locations, and companies of recent graduates.

Class of 2022: Full-Time Employment

The Baker Program in Real Estate class of 2022 included 34 graduates. Of these graduates, 22 reported that they were seeking full-time employment.

The figures below represent job offers and acceptances reported by MPS in Real Estate (Baker Program) graduates who were seeking full-time employment.

*The reporting knowledge rate for the class of 2022 is 70.6%, which is lower than the MBACSEA Specialty Masters Reporting Standards minimum requirement of 75%

100%

RECEIVED OFFERS

within 6 months of graduation

95%

accepted offers

within 6 months of graduation

Class of 2022: Average Base Salary Data

Baker graduates garner highly competitive salaries. The average base salary for both US work authorized and non-US work authorized graduates was $114,375.

$114,375

AVERAGE BASE SALARY

for class of 2022 graduates

$114,500

BASE SALARY

average reported by US work authorized graduates
Salary ranges: $75,000 - $150,000

$114,166

BASE SALARY

average reported by non-US work authorized graduates
Salary range: $90,000 - $160,000


Salary Data

Interested in how average base salary changes by work status, location, or industry? Take a look at the most recent graduate data below.

Average Base Salary by Industry

Baker graduates are hired into a variety of industries, with the current class going into two: real estate and financial services. A majority of the graduating class accepted full time jobs in the real estate industry, while just under one quarter of the class accepted full time jobs in the financial services industry.

77%

Class of 2022 Graduates

are employed in the Real Estate industry

$111,667

REAL ESTATE INDUSTRY AVERAGE BASE SALARY

Median: $115,000
Range: $75,000 - $150,000


Average Base Salary by Job Function

Baker graduates primarily moved into finance roles after graduating in 2022. The table below reflects available data.

Job FunctionAverage
Base Salary
Median
Base Salary
Salary RangePercent Employed
Finance$114,375$117,500$75,000 - $160,000100%

Average Base Salary by Region

Roughly 84% of the Baker 2022 graduates accepted US-based full-time job offers. The average US-based salary was $115,714. See the table below to review the North American Region breakout.

North American
Region
Average
Base Salary
Median
Base Salary
Salary RangePercent
Employed
Northeast $134,000$130,000$110,000 - $160,000 40%
Mid-Atlantic$115,000$112,500$100,000 - $135,00027%
South$93,750$87,500$75,000 - $125,00027%
Southwest***6%

*Due to the small and intimate class sizes, some breakout compensation data is unavailable due to insufficient data points to meet the threshold to ensure anonymity.


Top Hiring Companies

The following companies represent the top hiring companies who offered full-time opportunities to graduates of the Baker Program in Real Estate.

Blackstone logo
Citi logo
CBRE logo
Empire State Realty Trust logo
greystar-logo
Hines logo
JP-Morgan-Chase-logo
PGIM-Real-Estate-logo
RLJ-lodging-trust-logo
Starwood Property Trust logo

Ready to See Where the Cornell Baker Program in Real Estate Can Take You?

The Baker Program is the most comprehensive commercial real estate degree of its kind, with five areas of concentration, allowing you to customize your learning to your interests. Find out if it’s the right program to help you accelerate your career in real estate.