received their first job offer within the first three months after graduation
22%
were company sponsored, or already employed (2)
1%
were continuing their education (after graduation) (3)
n/a
were starting a new business (4)
3%
postponed their job search
n/a
did not seek employment for other reasons
3%
Number of companies that recruited second-year students on campus in past academic year
200
(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. CAP GEMINI ERNST & YOUNG
8
2. AMERICAN EXPRESS
4
3. ABN AMRO
3
4. SOLVING
3
5. KPMG
3
6. ALACATEL
3
7. DEUTSCHE BANK
2
8. BRYAN GARNIER
2
9. EDF
2
10. GE
2
11. IGA
2
12. LILLY
2
13. CELERANT
2
14. PRTM
2
15. WINTERTHUR
2
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$80
Median starting-base salary (excluding bonuses) for the Class of 2002
$70
Average first-year signing bonus
$16,000
Median first-year signing bonus
$15,245
Job-accepting graduates who received a signing bonus
25%
(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
$30,000
Median signing bonus
$5,000
Median other compensation
$15,000
Median MBA loans
$5,500
Average number of job offers at graduation
2.6
Average living expenses (not including tuition) over course of program
$14,923
Summer internship resulted in full-time employment
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
8%
Central/South America, Mexico
2%
Eastern Europe
n/a
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
7%
Oceania
n/a
Western Europe
43%
Within North America:
Canada
n/a
Mid-Atlantic U.S.
n/a
Midwest U.S.
n/a
Northeast U.S.
n/a
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: n/a
Top 15 recruiting firms:
Firm
Interns Hired
1. BARCLAYS
4
Internship compensation:
Paid internships
100%
Average internship compensation
n/a
Median internship compensation
n/a
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
London
Mar.
Yes
New York
Sept.
Yes
Frankfurt
Sept.
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,000,000
Technology changes made over the past three years:
The school added a wireless nework to its main buildings, video-conferencing materials, a distance learning platform, and Intranet, and a devoted Internet staff (Webmaster and designer).
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 2,954 MBA degrees since its founding. It has 2,926 living MBA alumni, and 300 MBA club(s) in 53 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, n/a of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. n/a, and a mean gift of U.S. n/a. 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. $17,000,000
ADDITIONAL SCHOOL COMMENTS
-Internships are not required to complete the HEC MBA program (16 months)
- Academic exchange programs (4 months) are available with NYU Stern, Wharton, Haas Berkeley, Cornell, UCLA, CUHK, LBS, etc.
Information found in this survey was provided on behalf of the B-school by Richard PERRIN
=Subscribers Only
Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
MBA Insider
