THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 87% |
| Graduates who received their first job offer by graduation | 94% |
| Graduates who received their first job offer within the first three months after graduation | 3% |
| Graduates who were company sponsored, or already employed (2) | n/a |
| Graduates who were continuing their education (after graduation) (3) | 1% |
| Graduates who were starting a new business (4) | 2% |
| |
| Number of companies that recruited second-year students on campus in past academic year | 134 |
(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. IBM |
12 |
| 2. General Mills |
8 |
| 3. Ecolab Inc. |
8 |
| 4. Target Corp. |
7 |
| 5. U.S. Bancorp |
4 |
| 6. 3 M |
3 |
| 7. Royal Bank of Canada (Dain Raus.) |
3 |
| 8. Deloitte Consulting |
3 |
| 9. NorthWest Airlines |
3 |
| 10. Samsung |
2 |
| 11. Best Buy |
2 |
| 12. Bristol Meyers Squibb |
n/a |
| 13. Alliance Capital |
2 |
| 14. Kimberly Clark |
2 |
| 15. Medtronic |
2 |
 | U.S. | Non-U.S. | Total
Graduates |
Average starting-base salary (1) (exluding bonuses) for the Class of 2001
| $79,484 | $75,094 | $78,694 |
Median starting-base salary (excluding bonuses) for the Class of 2001
| $80,000 | $73,500 | $78,000 |
Average first-year signing bonus
| $15,107 | $11,143 | $14,386 |
Median first-year signing bonus
| $15,000 | $10,000 | $15,000 |
Job-accepting graduates who received a signing bonus
| 86% | 88% | 87% |
Graduates receiving other guaranteed compensation (2)
| 56% | 38% | 53% |
Graduates that found jobs through their first-year internships
| -- | -- | 24% |
(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 | 17% |
| Finance/Accounting | 34% |
| General Management | 6% |
| Human Resources | n/a |
| Marketing/Sales | 26% |
| MIS | 9% |
| Operations/Logistics | 5% |
| Other | 3% |
Graduates accepting jobs in the following industries:
| Financial Services | 17% |
| Government (federal, state, local, military) | 1% |
| Manufacturing | 53% |
| Nonprofit (trade associations, religious organizations, charities) | 1% |
| Other Services | 19% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 6% |
| Central/South America, Mexico | n/a |
| Eastern Europe | n/a |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | 91% |
| Oceania | n/a |
| Western Europe | 2% |
Within North America:
| Canada | n/a |
| Mid-Atlantic U.S. | n/a |
| Midwest U.S. | 78% |
| Northeast U.S. | 7% |
| South U.S. | 1% |
| Southwest U.S. | 1% |
| U.S. Possessions and territories | n/a |
| West U.S. | 4% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 133
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Carlson Companies |
8 |
| 2. Medtronic Inc. |
7 |
| 3. Ecolab Inc. |
6 |
| 4. Royal Bank of Canada (Dain Raus.) |
4 |
| 5. Guidant |
4 |
| 6. General Mills |
3 |
| 7. Honeywell |
3 |
| 8. Cargill |
2 |
| 9. Deloitte Consulting |
2 |
| 10. Target |
2 |
| 11. US Bancorp |
2 |
| 12. Wells Fargo |
2 |
| 13. Mayo Clinic |
2 |
| 14. Best Buy |
2 |
| 15. Cummins |
2 |
Internship compensation:
| U.S. | Non-U.S. | Total
Graduates |
Paid internships
| -- | -- | 100% |
Average internship compensation
| $14,560 | $13,884 | $14,404 |
Median internship compensation
| $14,560 | $13,000 | $14,040 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:*
| Destination | Month offered | Paid for by B-School |
New York City
|
Jan. |
No |
San Francisco
|
Jan. |
No |
Chicago
|
Sept. |
No |
Orlando
|
Nov. |
Yes |
Boston
|
Oct. |
No |
* The Carlson school partially funds its students' job-searching trips.
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $7,752,000
Technology changes made over the past three years:
The school began Web site development (to be launched 2002). A training classroom and wireless virutal lab with 36 PCs were added. The school upgraded the computers in its labs by replacing monitors, etc. In 1999-2001, a new e-mail system was implemented, MBA classrooms were wired for internet access, a distance learning classroom was added, new monitors and boxes were added to the MBA labs, and an MBA dedicated tech support staff was put in place. In 1998-1999, the school added a new building with all new technology. Three computer labs with 40 terminals each, plus research capabilities for academic and career exploration work, were also added.
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 14,000 MBA degrees since its founding. It has 10,000 living MBA alumni, and 1 MBA club(s) in 5 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 13% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $135, and a mean gift of U.S. $135. The school has not received a gift in excess of U.S. $10 million since 1999, and the B-school endowment is U.S. $141,000
Information found in this survey was provided on behalf of the B-school by Diana Cooper
|
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Copyright 2001 , by The McGraw-Hill Companies Inc. All rights reserved.
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