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 Function | Average Base Salary | Median Base Salary | Salary Range | Percent Employed |
|---|---|---|---|---|
| Finance | $114,375 | $117,500 | $75,000 - $160,000 | 100% |
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 Range | Percent Employed |
|---|---|---|---|---|
| Northeast | $134,000 | $130,000 | $110,000 - $160,000 | 40% |
| Mid-Atlantic | $115,000 | $112,500 | $100,000 - $135,000 | 27% |
| South | $93,750 | $87,500 | $75,000 - $125,000 | 27% |
| 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.
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.
View previous reports:
2021 Baker Employment Report
2020 Baker Employment Report
2019 Baker Employment Report