THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 65% |
Graduates who: |
 | received their first job offer by graduation | 23% |
| 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
Alumni networking Web site:
http://www.reseauhec.qc.ca
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
|
=Subscribers Only
Copyright 2002, Bloomberg L.P.
