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:
| 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
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
|
=Subscribers Only
Copyright 2002, Bloomberg L.P.
