THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 88% |
| Graduates who received their first job offer by graduation | 93% |
| Graduates who received their first job offer within the first three months after graduation | 1% |
| Graduates who were company sponsored, or already employed (2) | 9% |
| Graduates who were continuing their education (after graduation) (3) | n/a |
| Graduates who were starting a new business (4) | 1% |
| |
| 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:
| Firm | Graduates Hired |
| 1. A.T. Kearney, Inc. |
26 |
| 2. McKinsey & Company |
22 |
| 3. Deloitte Consulting |
13 |
| 4. Booz Allen & Hamilton, Inc. |
12 |
| 5. Accenture |
11 |
| 6. Bear Stearns & Co. |
9 |
| 7. Kraft Foods, Inc. |
9 |
| 8. The Boston Consulting Group |
9 |
| 9. DiamondCluster International, Inc. |
8 |
| 10. Ford Motor Company |
8 |
| 11. General Motors Corporation |
8 |
| 12. Goldman Sachs & Co. |
8 |
| 13. Bristol-Meyers Squibb |
7 |
| 14. PricewaterhouseCoopers LLP |
7 |
| 15. Lehman brothers |
6 |
 | U.S. | Non-U.S. | Total
Graduates |
Average starting-base salary (1) (exluding bonuses) for the Class of 2001
| $93,860 | $95,599 | $94,429 |
Median starting-base salary (excluding bonuses) for the Class of 2001
| $87,000 | $93,500 | $90,000 |
Average first-year signing bonus
| $24,938 | $26,026 | $25,289 |
Median first-year signing bonus
| $25,000 | $25,000 | $25,000 |
Job-accepting graduates who received a signing bonus
| 60% | 29% | 89% |
Graduates receiving other guaranteed compensation (2)
| 48% | 25% | 73% |
Graduates that found jobs through their first-year internships
| -- | -- | 21% |
(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 | 43% |
| Finance/Accounting | 27% |
| General Management | 4% |
| Human Resources | 1% |
| Marketing/Sales | 24% |
| MIS | n/a |
| Operations/Logistics | 1% |
| Other | 2% |
Graduates accepting jobs in the following industries:
| Financial Services | 22% |
| Government (federal, state, local, military) | n/a |
| Manufacturing | 30% |
| Nonprofit (trade associations, religious organizations, charities) | 1% |
| Other Services | 10% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 5% |
| Central/South America, Mexico | 4% |
| Eastern Europe | 1% |
| Middle East | n/a |
North America
(Canada: 1% / U.S.: 99%) | 90% |
| Oceania | n/a |
| Western Europe | 1% |
Within North America:
| Canada | 1% |
| Mid-Atlantic U.S. | 4% |
| Midwest U.S. | 35% |
| Northeast U.S. | 30% |
| South U.S. | 3% |
| Southwest U.S. | 5% |
| U.S. Possessions and territories | n/a |
| West U.S. | 12% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: n/a
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Lehman Brothers |
16 |
| 2. A.T. Kearney, Inc. |
15 |
| 3. Booz Allen & Hamilton, Inc. |
15 |
| 4. Deloitte Consulting |
13 |
| 5. J.P. Morgan Chase & Co. |
9 |
| 6. Eli Lilly & Co. |
8 |
| 7. Goldman Sachs & Co. |
8 |
| 8. Kraft Foods, Inc. |
8 |
| 9. McKinsey & Company |
8 |
| 10. Proctor & Gamble |
7 |
| 11. Accenture |
6 |
| 12. Apple Computer, Inc. |
6 |
| 13. Ford Motor Company |
6 |
| 14. Merrill Lynch & Co. |
6 |
| 15. UBS Warburg |
6 |
Internship compensation:
| U.S. | Non-U.S. | Total
Graduates |
Paid internships
| -- | -- | 100% |
Average internship compensation
| $25,748 | $25,407 | $25,770 |
Median internship compensation
| $24,670 | $25,133 | $25,000 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
New York
|
n/a |
No |
San Francisco
|
n/a |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $6,165,000
Technology changes made over the past three years:
The school established a school-wide electronic calendar, Information kiosks, and individual web server accounts for all faculty, staff and departments were set up. Alumni online services and a new Executive Education Web site with eCommerce, and a full wireless network were also established. The school introduced Web-based course management sites for all courses, instituted an eLibrary and an eCommerce incubator for faculty and students, and established a financial trading floor for teaching and research. Web-based recruiting information system that connects companies with students and the Global Learning Center and the Center for Business were also established. Established Center for Business Innovation researching advanced collaborative and knowledge management tools and methods.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? No
Alumni networking Web site:
Current MBAs given access to alumni database? No
The B-school has awarded n/a MBA degrees since its founding. It has 19,304 living MBA alumni, and 57 MBA club(s) in 28 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 21% 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. $1,376. The school has received a gift in excess of U.S. $10 million since 1999, and the B-school endowment is U.S. $219,346,000
Information found in this survey was provided on behalf of the B-school by Cynthia Shaw
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Copyright 2001, Bloomberg L.P.
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