This study examines master's of social work graduates' early careers. Six cohorts graduating from 2002 through 2007 (N = 246) completed a questionnaire 9-15 months after graduation. Most reported adequate or exceptional preparation on both generalist and advanced concentration practice behaviors. Almost all direct practice graduates and 2/3 of macro graduates found employment doing functions for which they had prepared. However, 10% never worked in their practice method specialization, highlighting the relevance of skills in the generalist curriculum. Salaries were higher for macro graduates and for graduates performing macro functions (regardless of concentration). Nearly 1/2 of all graduates had moved jobs (and improved their salaries) within 15 months of graduation, but few moved into administrative functions or engaged in professional leadership activities.