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2002 FULL-TIME MBA PROFILE
University at Buffalo
School of Management

Sections: Getting In | Academics & Lifestyle |  Career & Alumni Affairs  | Graduate Comments


Address: 206 Jacobs Management Center
Buffalo, NY 14260
E-Mail: sommba@buffalo.edu
Web site: http://www.mgt.buffalo.edu


THE FULL-TIME JOB HUNT

Graduating class seeking employment (1)   80%

Graduates who:
received their first job offer by graduation 39%
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:
FirmGraduates 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:
FirmInterns 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

Alumni networking Web site:
http://mgt.buffalo.edu/crc/infoforalumni.shtm

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


 
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