received their first job offer within the first three months after graduation
46%
were company sponsored, or already employed (2)
9%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
2%
postponed their job search
2%
did not seek employment for other reasons
n/a
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. Bombardier
2
2. Johnson & Johnson
2
3. Scotia Bank Group
2
4. Canadien National
2
5. Bank of Canada
2
6. CDPQ - Sofinov
2
7. Medistrat & Euro Surgical
2
8. RBC Financial Group
1
9. Bell Canada
1
10. Imperial Oil
1
11. CAE
1
12. Peugeot
1
13. Banque de developpement du Canada
1
14. SGF
1
15. World Trade Centre, Montreal
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$38,760
Median starting-base salary (excluding bonuses) for the Class of 2002
$37,800
Average first-year signing bonus
$2,200
Median first-year signing bonus
$1,260
Job-accepting graduates who received a signing bonus
10%
(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
$70,000
Median signing bonus
$6,500
Median other compensation
$13,500
Median MBA loans
$12,000
Average number of job offers at graduation
2.2
Average living expenses (not including tuition) over course of program
$28,830
Summer internship resulted in full-time employment
11%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
n/a
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
1%
Central/South America, Mexico
1%
Eastern Europe
n/a
Middle East
n/a
North America
(Canada: 99% / U.S.: 1%)
98%
Oceania
n/a
Western Europe
n/a
Within North America:
Canada
99%
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
1%
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:
n/a
Internship compensation:
Paid internships
n/a
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
Wall Street, New York
Sept.
n/a
Toronto, Canada
Mar.
n/a
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $13,500,000
Technology changes made over the past three years:
Besides maintening laptop customer service for 4000 students and completing its 7200 network connections system throughout the school, HEC Montreal added new software allowing more self-services for students, such as online registration.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? No
The B-school has awarded 4,000 MBA degrees since its founding. It has n/a living MBA alumni, and 5 MBA club(s) in 2 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 18% 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. $75. 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. $13,167,000
ADDITIONAL SCHOOL COMMENTS
Percentage of graduating students who accepted jobs in the following industries: Financial Services 22%; Transportation 8%; Government 12%; Consulting 8%; Manufacturing 8%; Others: 42%
Percentage of graduating students who accepted jobs in the following fields: Accounting & Finance 16%; Marketing & Sales 20%; General Management 16%; Project Management 13%; Business Development 13%; Others: 22%
Information found in this survey was provided on behalf of the B-school by Kathleen Grant
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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