received their first job offer within the first three months after graduation
89%
were company sponsored, or already employed (2)
0%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
2%
postponed their job search
1%
did not seek employment for other reasons
0%
Number of companies that recruited second-year students on campus in past academic year
409
(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. Citigroup/Citibank
38
2. Deutsche Bank
22
3. Goldman Sachs
18
4. Lehman Brothers
16
5. Merrill Lynch
14
6. Bear, Stearns
14
7. JP Morgan Chase
13
8. McKinsey
12
9. Morgan Stanley Dean Witter
12
10. Credit Suisse First Boston
11
11. General Electric
8
12. UBS Warburg
9
13. Bain
8
14. Boston Consulting Group
8
15. Bank of America
7
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$92,000
Median starting-base salary (excluding bonuses) for the Class of 2002
$90,000
Average first-year signing bonus
$25,000
Median first-year signing bonus
$25,000
Job-accepting graduates who received a signing bonus
80%
(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
$25,000
Median other compensation
$36,000
Median MBA loans
$50,000
Average number of job offers at graduation
1.4
Average living expenses (not including tuition) over course of program
$59,287
Summer internship resulted in full-time employment
38%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
n/a
Graduates accepting jobs in the following regions:
Africa
0%
Asia
5%
Central/South America, Mexico
3%
Eastern Europe
1%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
80%
Oceania
0%
Western Europe
11%
Within North America:
Canada
0%
Mid-Atlantic U.S.
1%
Midwest U.S.
5%
Northeast U.S.
89%
South U.S.
2%
Southwest U.S.
1%
U.S. Possessions and territories
0%
West U.S.
2%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 324
Top 15 recruiting firms:
Firm
Interns Hired
1. Goldman Sachs
30
2. Merrill Lynch
28
3. UBS Warburg
21
4. American Express
14
5. Citigroup/Citibank
13
6. Deutsche Bank
13
7. Morgan Stanley
12
8. Pfizer
12
9. JP Morgan Chase
11
10. Credit Suisse
10
11. Lehman Brothers
10
12. Bear, Stearns
9
13. McKinsey
7
14. Unilever
7
15. Booz Allen
6
Internship compensation:
Paid internships
98%
Average internship compensation
$5,917
Median internship compensation
$6,500
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
Silicon Valley
Jan.
n/a
European Society
Nov.
n/a
Los Angeles
Jan.
n/a
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $12,000,000
Technology changes made over the past three years:
Upgraded the Media Control Center in the Business/Law building
Installed multimedia equipment in all conference rooms
Created a pilot video-streaming server
Upgraded the network wiring for students and administrators to Category-5
Upgraded all network devices to high-speed switching with gigabit connectivity to the University backbone
Upgraded 10 servers and created 7 new ones
Added 30 computer kiosks for to give students easy access to email and Web-browsing
Provided high-end Pentium computers to all PhD students on campus
Doubled the number of public printers dedicated to students
Upgraded the Central Research Computer for faculty and PhD research
Installed Xerox printer/copiers on all of the faculty floors
Re-architected the networking in one classroom, putting data and power at every seat instead of around the perimeter
Added wireless networking to public study spaces on the first floor of Uris Hall
Added a third "human subjects" lab
Replaced and upgraded network wiring in three classrooms
Replaced the faculty notebook loaner pool
Upgraded 25% of the personal computers in the school every year
Upgraded network wiring for three research centers and ½ floor of faculty offices
Extended the online Admissions experience to include Web sites for Admitted Students and Committed Students
Developed a "virtual" Financial Markets Laboratory
Introduced extensive course management system
Introduced a web portal front end (myGSB) to consolidate access to all Business School academic and non-academic information for students
Created online pre-term classes for entering MBA students
Extended lifetime e-mail forwarding
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 35,627 MBA degrees since its founding. It has 27,650 living MBA alumni, and 41 MBA club(s) in 27 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 25% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $150, and a mean gift of U.S. $5,014. 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. $207,000,000
Information found in this survey was provided on behalf of the B-school by Maria Graham
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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