THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 82% |
Graduates who: |
 | received their first job offer by graduation | 51% |
| 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
|
10% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Accounting/Auditing |
8% |
| Advertising/Public Relations |
4% |
| Banking/Mortgage (Investment banking, etc.) |
28% |
| Computers, Software |
2% |
| Consulting Services (management consulting, strategic planning, product management, etc.) |
4% |
| Finance/Economics |
6% |
| Healthcare, Other |
6% |
| Information Technology |
8% |
| Marketing |
20% |
| Transportation/Logistics and Warehousing |
4% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 10% |
| Central/South America, Mexico | n/a |
| Eastern Europe | 3% |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | 70% |
| Oceania | n/a |
| Western Europe | 7% |
Within North America:
| Canada | n/a |
| Mid-Atlantic U.S. | 3% |
| Midwest U.S. | n/a |
| Northeast U.S. | 94% |
| South U.S. | 3% |
| 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: 18
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Vault.com |
1 |
| 2. Lehman Brothers |
2 |
| 3. JP Morgan Chase |
1 |
| 4. Seimans Corp |
1 |
| 5. Microsoft |
1 |
| 6. Reckitt Benckiser |
1 |
| 7. Bertelsmann, AG |
1 |
| 8. CBS News |
1 |
| 9. Pricewaterhouse Coopers |
1 |
| 10. Bank of New York |
1 |
| 11. Ernst & Young |
1 |
| 12. Orix, USA |
1 |
| 13. Colebrook Capital |
1 |
| 14. Colgate Palmolive |
1 |
| 15. KPMG |
1 |
Internship compensation:
| Paid internships |
85% |
| Average internship compensation |
$12,370 |
| Median internship compensation |
$12,000 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
International MBA Student Job Fair 2001 Orlando, F
|
Oct. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $950,000
Technology changes made over the past three years:
1-Beginning to create a wireless network for faculty and students
2-Creation of Technological Classrooms
3-Providing many faculty with portable computing capabilities: Laptops with integrated wireless cards for use on wireless network
4-Introduction of Web-based research applications for faculty and students
5-Upgrading of computer labs
6-Updating all faculty, administrator, and staff computers
7-Creation of student intranet
8-Improve Web-based advising via Intranet and Website
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? No
Alumni networking Web site:
http://www.fordham.edu/alumni
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
|
=Subscribers Only
Copyright 2002, Bloomberg L.P.
