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2002 FULL-TIME MBA PROFILE
Carnegie Mellon
Graduate School of Industrial Administration

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


Address: 5000 Forbes Avenue
GSIA
Pittsburgh, PA 15212
E-Mail: n/a
Web site: http://www.gsia.cmu.edu


THE FULL-TIME JOB HUNT

Graduating class seeking employment (1)   85%

Graduates who:
received their first job offer by graduation 70%
received their first job offer within the first three months after graduation 81%
were company sponsored, or already employed (2) 9%
were continuing their education (after graduation) (3) 2%
were starting a new business (4) 1%
postponed their job search 2%
did not seek employment for other reasons 0%
 
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. M&T Bank 6
2. Deutsche Bank 5
3. IBM 5
4. Citigroup 4
5. United Technologies 4
6. Honeywell 4
7. Merck 4
8. Ford Motor Company 3
9. Goodyear Tire & Rubber 2
10. A.T. Kearney 2
11. BOC Gases 2
12. Campbell Soup Company 2
13. Capital One 2
14. Conoco 2
15. Johnson & Johnson 2


Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002

$80,299
Median starting-base salary (excluding bonuses) for the Class of 2002

$83,400
Average first-year signing bonus

$16,043
Median first-year signing bonus

$15,000
Job-accepting graduates who received a signing bonus

76%

(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

$85,000
Median signing bonus

$15,000
Median other compensation

$15,000
Median MBA loans

$50,000
Average number of job offers at graduation

1.3
Average living expenses (not including tuition) over course of program

$37,097
Summer internship resulted in full-time employment

36%


CAREER DIRECTIONS

Graduates accepting jobs in the following fields:
Consulting Services (management consulting, strategic planning, product management, etc.) 13%
Finance/Economics 43%
Information Technology 6%
Manufacturing/Operations and Production 5%
Marketing 13%

Graduates accepting jobs in the following regions:
Africa n/a
Asia 4%
Central/South America, Mexico 3%
Eastern Europe n/a
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
n/a
Oceania n/a
Western Europe 3%

Within North America:
Canada n/a
Mid-Atlantic U.S. 22%
Midwest U.S. 13%
Northeast U.S. 33%
South U.S. 3%
Southwest U.S. 12%
U.S. Possessions and territories n/a
West U.S. 8%


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. Johnson & Johnson 11
2. Innovation Works 10
3. Alcoa 5
4. H.J. Heinz Company 5
5. Barclays Capital 4
6. Booz-Allen & Hamilton 4
7. Citigroup 4
8. Deutsche Bank 4
9. Ford Motor Company 4
10. General Motors 4
11. IBM Extreme Blue 4
12. Management Science Associates 4
13. National City 4
14. PNC Bank 4
15. Corning 3


Internship compensation:
Paid internships 96%
Average internship compensation $5,135
Median internship compensation $5,203


B-SCHOOL SERVICES

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Paid for by B-School
Investment Club - Boston

Oct. No
Wall Street (New York, NY)

Jan. No
California (West Coast/Silicon Valley)

Jan. No
Seattle, WA

Mar. No


TECHNOLOGY

Wireless network in main buildings: Yes

School's investment in technology over the past three years: $3,300,000

Technology changes made over the past three years:
The school doubled its Internet connection speed, added a new floor equipped with computerized classrooms to Posner Hall, and converted two classrooms to accommodate distance learning. The school enhanced learning environments in classrooms via technology that features touch panel and dual projectors. A new Intel e-commerce lab was added and the Financial Simulated Trading Lab equipment was upgraded. The school also added a Bloomberg terminal, evening support staff for distance education, and software for online course management and scheduling as well as shared calendar system for all faculty, staff, and students.


ALUMNI AFFAIRS

Alumni office offers placement services for MBA alumni? Yes

Alumni networking Web site:
http://www.gsia.cmu.edu

Current MBA students given access to alumni database? Yes

The B-school has awarded 7,085 MBA degrees since its founding. It has 6,952 living MBA alumni, and 12 MBA club(s) in 6 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

Information found in this survey was provided on behalf of the B-school by Deb Magness


 
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CARNEGIE MELLON RANKINGS
Full-time MBA rank:
2004:  15    1994:  14    
2002:  19    1992:  17    
2000:  14    1990:  9    
1998:  14    1988:  13    
1996:  17    
BW ranking history

Exec Ed rank:
2003:  --    1997:  --    
2001:  --    1993:  --    
1999:  --    1991:  15    



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