received their first job offer within the first three months after graduation
58%
were company sponsored, or already employed (2)
n/a
were continuing their education (after graduation) (3)
3%
were starting a new business (4)
2%
postponed their job search
5%
did not seek employment for other reasons
2%
Number of companies that recruited second-year students on campus in past academic year
46
(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. KPMG
2
2. Citigroup
2
3. Lehman Brothers
2
4. Mercedes Benz
1
5. Ernst & Young
1
6. Pricewaterhouse Coopers
1
7. Nomura Securities
1
8. Reckitt Benckiser
1
9. Bank of New York
1
10. Merck
1
11. Pershing
1
12. L'Oreal
1
13. Bank of Nova Scotia
1
14. JP Morgan Chase
1
15. Marsh USA, Inc.
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$75,712
Median starting-base salary (excluding bonuses) for the Class of 2002
$78,000
Average first-year signing bonus
$11,375
Median first-year signing bonus
$8,000
Job-accepting graduates who received a signing bonus
26%
(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
$74,000
Median signing bonus
$5,000
Median other compensation
$50,000
Median MBA loans
$20,000
Average number of job offers at graduation
0.8
Average living expenses (not including tuition) over course of program
$41,137
Summer internship resulted in full-time employment
Current MBA students given access to alumni database? No
The B-school has awarded 11,902 MBA degrees since its founding. It has 11,752 living MBA alumni, and 1 MBA club(s) in 1 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 7% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $100, and a mean gift of U.S. $2,033. 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. $986,295
Information found in this survey was provided on behalf of the B-school by Rosanne Conte