THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 83% |
| 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) | n/a |
| 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:
| Firm | Graduates Hired |
| 1. McKinsey & Company |
11 |
| 2. Deutsche Bank/Deutsche Bank Alex Brown |
8 |
| 3. IBM |
8 |
| 4. American Express |
7 |
| 5. Goldman Sachs |
7 |
| 6. Lehman Brothers |
7 |
| 7. Booz-Allen & Hamilton |
6 |
| 8. Standard & Poor's |
6 |
| 9. Citigroup/Citibank/Salomon Smith Barney |
6 |
| 10. Credit Suisse First Boston |
5 |
| 11. GE |
5 |
| 12. Accenture |
4 |
| 13. Braun Consulting |
4 |
| 14. Charles Schwab |
4 |
| 15. The Hartford |
3 |
 | U.S. | Non-U.S. | Total
Graduates |
Average starting-base salary (1) (exluding bonuses) for the Class of 2001
| $91,619 | $93,451 | $92,150 |
Median starting-base salary (excluding bonuses) for the Class of 2001
| $85,000 | $85,000 | $85,000 |
Average first-year signing bonus
| $21,716 | $23,218 | $22,124 |
Median first-year signing bonus
| $24,500 | $25,000 | $25,000 |
Job-accepting graduates who received a signing bonus
| 67% | 25% | 92% |
Graduates receiving other guaranteed compensation (2)
| 61% | 25% | 86% |
Graduates that found jobs through their first-year internships
| -- | -- | 38% |
(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 | 30% |
| Finance/Accounting | 47% |
| General Management | 3% |
| Human Resources | n/a |
| Marketing/Sales | 10% |
| MIS | 3% |
| Operations/Logistics | 2% |
| Other | 5% |
Graduates accepting jobs in the following industries:
| Financial Services | 48% |
| Government (federal, state, local, military) | n/a |
| Manufacturing | 7% |
| Nonprofit (trade associations, religious organizations, charities) | 2% |
| Other Services | 14% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 7% |
| Central/South America, Mexico | 1% |
| Eastern Europe | 1% |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | 85% |
| Oceania | 1% |
| Western Europe | 6% |
Within North America:
| Canada | n/a |
| Mid-Atlantic U.S. | 4% |
| Midwest U.S. | 4% |
| Northeast U.S. | 60% |
| South U.S. | 2% |
| Southwest U.S. | 2% |
| U.S. Possessions and territories | n/a |
| West U.S. | 13% |
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. Goldman Sachs & Co. |
11 |
| 2. Booz Allen & Hamilton |
10 |
| 3. Bayer Pharmaceutical |
8 |
| 4. General Electric |
8 |
| 5. American Express |
7 |
| 6. Credit Suisse First Boston |
7 |
| 7. Standard & Poor's |
7 |
| 8. Yale Entrepreneurial Internship Program |
6 |
| 9. Citigroup/Citibank/Salomon Smith Barney |
5 |
| 10. Guggenheim Foundation |
5 |
| 11. Deutsche Bank |
4 |
| 12. McKinsey & Company |
4 |
| 13. Merrill Lynch & Co. Inc. |
4 |
| 14. J.P. Morgan Chase & Co. |
4 |
| 15. Lafrage Corporation |
3 |
Internship compensation:
| U.S. | Non-U.S. | Total
Graduates |
Paid internships
| -- | -- | n/a |
Average internship compensation
| n/a | n/a | n/a |
Median internship compensation
| n/a | n/a | n/a |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
Palo Alto, CA, USA
|
Mar. |
No |
Orlando, FL
|
Nov. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $4,499,090
Technology changes made over the past three years:
The IT department at the Yale School of Management has nearly doubled in size over the last three years. Newly created is the state-of-the-art interactive multimedia lab; the most sophisticated of its kind at Yale University. The lab has 45 computer stations with monitors built into the tables. Cameras, mounted throughout the room, facilitate video conferencing and distance learning. Wireless access points have been added throughout the School and libraries. Wireless coverage is available through 85% of the school and immediate surrounding area. Central Services machine room has been moved to a new facility. Improved air conditioning, uninterruptible power supply, storage rack and new servers were installed. A Storage Area Network (SAN) has been installed and made available online. In the near future, a 20 fold increase for each person will be realized. Each of the classrooms has had extensive renovation which include the following: A presenter's podium with the following built-in items: ·Multi-standard VCR (capable of world standard playback-NTSC, PAL, SECAM) ·Laptop connectivity that includes network and audio/video capability ·High resolution digital still-store document camera ·Touch panel control of room resources ·Additionally each classroom has a high resolution (1280x1024) LCD system capable of vivid quality presentations under any lighting conditions. (Replaced in summer 2001) Dial-in services have increased to 56k. The quantity of modems has increased. The SOM network has increased bandwidth, from 10mb connections to switched 10mb connections. This change will accommodate media rich applications, audio and video streaming. The quantity of network access points as been increased. Research capabilities have increased with the purchase of new software and hardware including the installation of a new PhD workspace with high performance research computing servers and networking. Publicly accessible 'publishing stations' have been made available. Each station includes burnable CD-rom, scanner, OCR and desktop publishing and web editing software. Helpdesk office and services improved to better handle traffic from walk-in requests. Each web presence has been refreshed with new designs. Online databases and forms added to web pages. Online software tutorials made available for Microsoft Windows and Office software. Citrix Terminal Services has been added to allow the delivery of software to students while they connected to the network from any location rather than a specific lab. Student printing system, with 7 BW and 2 color printers, installed. All student study space has been wired for network connectivity. Public computing clusters have been routinely upgraded to maintain fast, high quality computers.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
mba.yale.edu
Current MBAs given access to alumni database? Yes
The B-school has awarded 4,088 MBA degrees since its founding. It has 4,153 living MBA alumni, and 160 MBA club(s) in 41 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 53% 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. $779. The school has not received a gift in excess of U.S. $10 million since 1999, and the B-school endowment is U.S. $289,000,000
Information found in this survey was provided on behalf of the B-school by Jeanine Morgillo
|
=Subscribers Only
Copyright 2001 , by The McGraw-Hill Companies Inc. All rights reserved.
MBA Insider
