THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 95% |
Graduates who: |
 | received their first job offer by graduation | 76% |
| received their first job offer within the first three months after graduation | 89% |
| were company sponsored, or already employed (2) | 5% |
| were continuing their education (after graduation) (3) | 0% |
| were starting a new business (4) | 0% |
| postponed their job search | 0% |
| did not seek employment for other reasons | 1% |
| |
| 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:
| Firm | Graduates Hired |
| 1. Johnson & Johnson |
11 |
| 2. Merrill Lynch |
8 |
| 3. Lehman Brothers |
6 |
| 4. Proctor & Gamble |
6 |
| 5. IBM |
5 |
| 6. American Airlines |
5 |
| 7. Dell Computers |
5 |
| 8. Capital One |
5 |
| 9. Deloittte Consulting |
4 |
| 10. General Motors |
4 |
| 11. Bear Stearns |
4 |
| 12. American Express |
4 |
| 13. Citigroup |
4 |
| 14. Eli Lilly |
4 |
| 15. Deere & Co. |
3 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$83,575 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$85,250 |
Average first-year signing bonus
|
$19,978 |
Median first-year signing bonus
|
$17,145 |
Job-accepting graduates who received a signing bonus
|
74% |
(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
|
$15,500 |
Median other compensation
|
$20,000 |
Median MBA loans
|
$45,000 |
Average number of job offers at graduation
|
1.5 |
Average living expenses (not including tuition) over course of program
|
$42,393 |
Summer internship resulted in full-time employment
|
36% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Arts, Entertainment, Publishing, and Media |
1% |
| Banking/Mortgage (Investment banking, etc.) |
16% |
| Biotechnology and Pharmaceutical |
10% |
| Community, Social Services, and Nonprofit/Volunteer |
1% |
| Computers, Hardware |
3% |
| Computers, Software |
3% |
| Consulting Services (management consulting, strategic planning, product management, etc.) |
11% |
| Finance/Economics |
6% |
| Financial Services |
11% |
| Government and Policy |
1% |
| Healthcare, Other |
3% |
| Information Technology |
1% |
| Insurance |
1% |
| Internet/E-Commerce/New Media |
1% |
| Manufacturing/Operations and Production |
3% |
| Marketing |
22% |
| Sales |
2% |
| Telecommunications |
3% |
| Transportation/Logistics and Warehousing |
1% |
Graduates accepting jobs in the following regions:
| Africa | 0% |
| Asia | 3% |
| Central/South America, Mexico | 3% |
| Eastern Europe | 1% |
| Middle East | 0% |
North America
(Canada: 1% / U.S.: 99%) | 90% |
| Oceania | 0% |
| Western Europe | 3% |
Within North America:
| Canada | 1% |
| Mid-Atlantic U.S. | 7% |
| Midwest U.S. | 13% |
| Northeast U.S. | 36% |
| South U.S. | 16% |
| Southwest U.S. | 10% |
| U.S. Possessions and territories | 0% |
| West U.S. | 6% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: n/a
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. IBM |
12 |
| 2. Goldman Sachs |
7 |
| 3. Johnson & Johnson |
6 |
| 4. Citigroup |
6 |
| 5. Eli Lilly |
6 |
| 6. Merrill Lynch |
5 |
| 7. Kraft Foods |
5 |
| 8. American Express |
5 |
| 9. Lehman Brothers |
4 |
| 10. Bear Stearns |
4 |
| 11. Deere & Co. |
4 |
| 12. Morgan Stanley |
4 |
| 13. Lucent Technologies |
4 |
| 14. Ford Motor Company |
4 |
| 15. Banc of America |
4 |
Internship compensation:
| Paid internships |
99% |
| Average internship compensation |
$16,068 |
| Median internship compensation |
$16,650 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
Week on Wall Street
|
Dec. |
Yes |
Global MBA Int'l Employment Conference
|
Oct. |
Yes |
Week-In-Cities Trip(Atl,NY,CA,London)
|
Jan. |
Yes |
International Career Fair
|
Feb. |
Yes |
MBA Media & Entertainment Conference
|
n/a |
Yes |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,500,000
Technology changes made over the past three years:
The school has developed an integrated Web space which provides intranets for faculty, staff, and students (FuquaWorld) as well as alumni (AlumniLink). Fuqua's technology infrastructure, FuquaNet, includes a high-performance network with extensions into Internet2. The school has added Student Computing Spaces. The school also added FuquaChannel which distributes a variety of external programs (including CNBC and CNN) as well as streaming video of Fuqua's Monday Morning Messages and information about its Executive Conference Center, student clubs, and daily events. Fuqua's Teaching Space has also been enhanced to include video production facilities and a studio classroom.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.fuqua.duke.edu
Current MBA students given access to alumni database? Yes
The B-school has awarded 8,542 MBA degrees since its founding. It has 8,497 living MBA alumni, and 24 MBA club(s) in 6 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 28% 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. $465. 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. $114,036,839
Information found in this survey was provided on behalf of the B-school by DeShelia A. Spann
|
=Subscribers Only
Copyright 2002, Bloomberg L.P.
