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2001 FULL-TIME MBA PROFILE
The University of Iowa
Henry B. Tippie College of Business

Sections: Getting In | Academics & Lifestyle |  Career Services  | Graduate Comments


Address: 108 Pappajohn Business Building, Suite C140
The University of Iowa
Iowa City , IA 52242-1000
E-Mail: IowaMBA@uiowa.edu
Web site: www.biz.uiowa.edu


THE FULL-TIME JOB HUNT

Graduating class seeking employment (1)   74%
Graduates who received their first job offer by graduation 92%
Graduates who received their first job offer within the first three months after graduation 98%
Graduates who were company sponsored, or already employed (2) 8%
Graduates who were continuing their education (after graduation) (3) 9%
Graduates who were starting a new business (4) n/a
 
Number of companies that recruited second-year students on campus in past academic year n/a

(1) Seeking full-time professional employment.
(2) Includes graduates whose studies were financially sponsored by their employers and are returning to those employers, or who were employed while a student and will continue working for that employer.
(3) Enrolled/will enroll in further graduate studies.
(4) Starting a new business as owner. Does not include students accepting jobs with a salary in a new (startup) business.

Top 15 recruiting firms that hired the most graduates in the past 12 months and the number of students hired:
FirmGraduates Hired
1. BP Amoco 1
2. Deere & Co. 4
3. General Electric 1
4. HON Industries 1
5. Intel Corp. 1
6. Kimberly-Clark 1
7. Kraft Foods, Inc. 1
8. Nomura Securities International 1
9. Northwest Airlines 2
10. The Pillsbury Company 1
11. Principal Capital Management 1
12. Procter & Gamble 1
13. Cap Gemini Ernst & Young 1
14. Scotia Capital 1
15. Amerus 1


U.S. Non-U.S.Total
Graduates
Average starting-base salary (1) (exluding bonuses) for the Class of 2001

$77,949 $79,719$77,037
Median starting-base salary (excluding bonuses) for the Class of 2001

$76,000 $73,000$74,000
Average first-year signing bonus

$16,063 $14,179$14,487
Median first-year signing bonus

$15,500 $10,000$12,000
Job-accepting graduates who received a signing bonus

57% 56%57%
Graduates receiving other guaranteed compensation (2)

21% 16%19%
Graduates that found jobs through their first-year internships

-- --33%

(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.
(2) Benefits and perquisites (company cars, equipment, membership, etc.) are not equated to cash and are not included in compensation. May include other taxable payroll compensation such as a guaranteed annual bonus, and guaranteed "overtime" compensation.



CAREER DIRECTIONS

Graduates accepting jobs in the following fields:
Consulting 7%
Finance/Accounting 60%
General Management 11%
Human Resources n/a
Marketing/Sales 16%
MIS 2%
Operations/Logistics n/a
Other 4%

Graduates accepting jobs in the following industries:
Financial Services 30%
Government (federal, state, local, military) n/a
Manufacturing 36%
Nonprofit (trade associations, religious organizations, charities) 5%
Other Services 18%

Graduates accepting jobs in the following regions:
Africa n/a
Asia 4%
Central/South America, Mexico n/a
Eastern Europe 4%
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
92%
Oceania n/a
Western Europe 4%

Within North America:
Canada n/a
Mid-Atlantic U.S. 4%
Midwest U.S. 62%
Northeast U.S. 11%
South U.S. 4%
Southwest U.S. 4%
U.S. Possessions and territories n/a
West U.S. 5%


MBA INTERNSHIPS

Companies that recruited first-year MBA students for internships on campus in past academic year: 28

Top 15 recruiting firms:
FirmInterns Hired
1. Allsteel, Inc. 4
2. Boston Consulting Group, Inc. 1
3. General Electric 3
4. General Motors 1
5. HON Company, The 4
6. Deere & Co. 4
7. Kraft Foods Inc. 1
8. LDS Products, Inc. 7
9. MBNA Corp. 1
10. Maytag Corp. 1
11. Pillsbury Company, The 1
12. Principal Capital Management 1
13. Procter & Gamble 1
14. Rockwell International 4
15. U.S. Bancorp 2


Internship compensation:
U.S. Non-U.S.Total
Graduates
Paid internships

-- --n/a
Average internship compensation

$10,700 $7,985$9,343
Median internship compensation

$10,418 $8,333$9,376


B-SCHOOL SERVICES

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Paid for by B-School
National MBA Source Interviews-Wisconsin

Sept. No
Nat. Consortium-Chicago&Internat. Job Fair-Orlando

Nov. No
National Soc. of Hispanic MBAs-San Antonio TX

Nov. Yes
Midwest Consortium-Chicago

Oct. No
National Black MBA Association-Orlando FL

Sept. Yes


TECHNOLOGY

Wireless network in main buildings: Yes

School's investment in technology over the past three years: n/a

Technology changes made over the past three years:
n/a


ALUMNI AFFAIRS

Alumni office offers placement services for MBA alumni? Yes

Alumni networking Web site:


Current MBAs given access to alumni database? Yes

The B-school has awarded 4,845 MBA degrees since its founding. It has 4,787 living MBA alumni, and 0 MBA club(s) in 0 countries, where B-school alums can participate in school activities and alumni events.

During the past 12 months, 7% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $100, and a mean gift of U.S. $245. The school has not received a gift in excess of U.S. $10 million since 1999, and the B-school endowment is U.S. n/a

Information found in this survey was provided on behalf of the B-school by Sharon Scheib


 
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