THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 68% |
Graduates who: |
 | received their first job offer by graduation | 38% |
| received their first job offer within the first three months after graduation | 5% |
| were company sponsored, or already employed (2) | 10% |
| were continuing their education (after graduation) (3) | 3% |
| were starting a new business (4) | 3% |
| postponed their job search | 13% |
| did not seek employment for other reasons | 3% |
| |
| Number of companies that recruited second-year students on campus in past academic year | 24 |
(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. Dow Chemical |
1 |
| 2. Eli Lilly |
1 |
| 3. Freddie Mac |
1 |
| 4. HSBC Bank |
1 |
| 5. IBM |
2 |
| 6. Howard University |
1 |
| 7. Unisys |
1 |
| 8. Worldspan |
1 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$71,178 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$67,000 |
Average first-year signing bonus
|
$8,886 |
Median first-year signing bonus
|
$10,000 |
Job-accepting graduates who received a signing bonus
|
80% |
(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Banking/Mortgage (Investment banking, etc.) |
11% |
| Education, Training, and Library |
11% |
| Financial Services |
45% |
| Hospitality/Tourism/Travel |
11% |
| Information Technology |
11% |
| Transportation/Logistics and Warehousing |
11% |
Graduates accepting jobs in the following regions:
| Africa | 0% |
| Asia | 0% |
| Central/South America, Mexico | 0% |
| Eastern Europe | 0% |
| Middle East | 0% |
North America
(Canada: 0% / U.S.: 100%) | 100% |
| Oceania | 0% |
| Western Europe | 0% |
Within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 45% |
| Midwest U.S. | 22% |
| Northeast U.S. | 33% |
| South U.S. | 0% |
| Southwest U.S. | 0% |
| U.S. Possessions and territories | 0% |
| West U.S. | 0% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 30
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Eaton |
2 |
| 2. Eli Lilly |
2 |
| 3. Fannie Mae |
3 |
| 4. Freddie Mac |
1 |
| 5. IBM |
1 |
| 6. Intel Corporation |
1 |
| 7. International Trade Association |
1 |
| 8. JPMorganChase |
1 |
| 9. McDonalds Corporation |
1 |
| 10. MetLife Insurance |
1 |
| 11. NASA |
1 |
| 12. Northrop Grumman |
1 |
| 13. Pfizer |
1 |
| 14. Unisys |
1 |
| 15. Wachovia Securities |
1 |
Internship compensation:
| Paid internships |
100% |
| Average internship compensation |
$14,765 |
| Median internship compensation |
$15,050 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
NBMBAA Confrence - various cities in USA
|
Sept. |
No |
Wall Street - New York, NY
|
Sept. |
Yes |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $728,000
Technology changes made over the past three years:
The school dedicated a wireless and Ethernet computer laboratory for MBA students. In addition, the school has been configured and installation completed for a total wireless environment. Two full-time computer technology staff positions were created and a Manager of Technology was hired. The school purchased a total of 40 Dell PC Workstations, four wireless laptops, and one high volume network printer to complete the Computer Laboratory for the Information Systems Majors. The School of Business is leasing for the current year, two Bloomberg Terminals to support the existing Bloomberg Terminals in the Honors' Lab. Video Conferencing has been installed and configured to serve the School of Business. The school has also begun to establish improved methods for publishing and duplicating communication materials with the purchasing of a high volume, digitized color printer and a state-of-the-art digtal CD-R and DVD-R Duplicating and Printing Machine.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.bschool.howard.edu/alumni
Current MBA students given access to alumni database? No
The B-school has awarded 1,013 MBA degrees since its founding. It has 1,009 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, 12% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $200, and a mean gift of U.S. $1,045. 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. $2,560,221
Information found in this survey was provided on behalf of the B-school by Verna Supel
|
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Copyright 2002, Bloomberg L.P.
