received their first job offer within the first three months after graduation
21%
were company sponsored, or already employed (2)
2%
were continuing their education (after graduation) (3)
14%
were starting a new business (4)
4%
postponed their job search
7%
did not seek employment for other reasons
n/a
Number of companies that recruited second-year students on campus in past academic year
33
(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. Cigna
n/a
2. CitiCorp
n/a
3. Aetna
n/a
4. Cartesis
n/a
5. GE Capital
n/a
6. Hartford Financial Services
n/a
7. Hartford Life
n/a
8. Travelers
n/a
9. General Dynamics
n/a
10. Frontier Telecommunications
n/a
11. Structured Finance Advisors
n/a
12. Wright Investors Services
n/a
13. People's Bank
n/a
14. UBS PaineWebber
n/a
15. United Technologies Corporation
n/a
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$69,000
Median starting-base salary (excluding bonuses) for the Class of 2002
$70,000
Average first-year signing bonus
$10,285
Median first-year signing bonus
$8,500
Job-accepting graduates who received a signing bonus
42%
(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
$65,000
Median signing bonus
$8,000
Median other compensation
$10,000
Median MBA loans
$0
Average number of job offers at graduation
0.9
Average living expenses (not including tuition) over course of program
$23,533
Summer internship resulted in full-time employment
21%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
Accounting/Auditing
4%
Banking/Mortgage (Investment banking, etc.)
8%
Biotechnology and Pharmaceutical
4%
Community, Social Services, and Nonprofit/Volunteer
Graduates accepting jobs in the following regions:
Africa
4%
Asia
8%
Central/South America, Mexico
n/a
Eastern Europe
n/a
Middle East
4%
North America
(Canada: n/a / U.S.: n/a )
84%
Oceania
n/a
Western Europe
n/a
Within North America:
Canada
n/a
Mid-Atlantic U.S.
4%
Midwest U.S.
n/a
Northeast U.S.
96%
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: 28
Top 15 recruiting firms:
Firm
Interns Hired
1. GE
n/a
2. Hartford Financial Services
n/a
3. Hartford Life
n/a
4. Manulife Financial
n/a
5. AT&T
n/a
6. Cigna
n/a
7. Xerox
n/a
8. MetLife
n/a
9. Loews Corp.
n/a
Internship compensation:
Paid internships
100%
Average internship compensation
$5,855
Median internship compensation
$6,000
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
n/a
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $4,780,000
Technology changes made over the past three years:
The school added a state-of-the-art network, 13 high-tech classrooms, and a server farm, in addition to undertaking an undergraduate laptop initiative.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? No
Current MBA students given access to alumni database? No
The B-school has awarded 20,166 MBA degrees since its founding. It has 10,472 living MBA alumni, and 6 MBA club(s) in 1 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 14% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $1,000, and a mean gift of U.S. $1,200. 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. $17,229,323
Information found in this survey was provided on behalf of the B-school by Richard Dino
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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