received their first job offer within the first three months after graduation
55%
were company sponsored, or already employed (2)
n/a
were continuing their education (after graduation) (3)
12%
were starting a new business (4)
5%
postponed their job search
5%
did not seek employment for other reasons
3%
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. Exxon Mobil
2
2. Rich Products
2
3. M&T Bank
2
4. Lumsden & McCormick, CPA
2
5. Ernst & Young
1
6. Fisher Price
1
7. Johnson Controls
1
8. Praxair
1
9. JC Penney
1
10. Samsung Capital
1
11. Bank of Tokyo - Mitsubishi
1
12. Delphi Harrison Thermal Systems
1
13. Kaleida Health
1
14. National Labor Relations Board
1
15. Russer Foods
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$43,813
Median starting-base salary (excluding bonuses) for the Class of 2002
$45,000
Average first-year signing bonus
$5,500
Median first-year signing bonus
$5,000
Job-accepting graduates who received a signing bonus
20%
(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.
2002 GRADUATES REPORT
Editor's Note: Based on responses to BusinessWeek's 2002 survey of graduates.
Median starting base-salary
$41,000
Median signing bonus
$5,000
Median other compensation
$25,000
Median MBA loans
$3,500
Average number of job offers at graduation
1.0
Average living expenses (not including tuition) over course of program
$24,711
Summer internship resulted in full-time employment
18%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
Accounting/Auditing
20%
Engineering
5%
Financial Services
20%
Healthcare, Other
3%
Human Resources
8%
Information Technology
6%
Manufacturing/Operations and Production
6%
Marketing
23%
Sales
3%
Other
6%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
23%
Central/South America, Mexico
n/a
Eastern Europe
n/a
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
77%
Oceania
n/a
Western Europe
n/a
Within North America:
Canada
n/a
Mid-Atlantic U.S.
8%
Midwest U.S.
n/a
Northeast U.S.
92%
South U.S.
n/a
Southwest U.S.
n/a
U.S. Possessions and territories
n/a
West U.S.
n/a
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. na
n/a
Internship compensation:
Paid internships
n/a
Average internship compensation
n/a
Median internship compensation
n/a
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
Chicago
Nov.
No
Orlando
Oct.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $300,000
Technology changes made over the past three years:
The school added new administrative and web servers, two new lab servers, 16 workstations, a color laser printer, high speed and duplexing laser, improved wiring in lab, wireless access on two floors of management school building, a new tech classroom, upgrades for four tech classrooms, a portable PC and projector setup for student and faculty use, TV monitors at building entrances for information broadcasting, and data ports in student lounges for network/internet access.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 7,713 MBA degrees since its founding. It has 6,650 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, n/a of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. n/a, and a mean gift of U.S. n/a. As of Jan. 2000 the B-school has not received a gift in excess of U.S. $10 million, and the B-school's total endowment is U.S. n/a
ADDITIONAL SCHOOL COMMENTS
This is Interim data and comforms to the MBA Career Sevices Council Professional Standards.
Information found in this survey was provided on behalf of the B-school by David Frasier