received their first job offer within the first three months after graduation
13%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
2%
were starting a new business (4)
0%
postponed their job search
0%
did not seek employment for other reasons
0%
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. Eli Lilly
13
2. General Mills
5
3. Whirlpool
5
4. AEP Energy Services
4
5. Banc of America Securities
4
6. Bristol-Myers Squibb/Mead Johnson
4
7. Cinergy
4
8. General Electric
4
9. Guidant
4
10. Johnson & Johnson/Ethicon/Depuy
4
11. J.P. Morgan
4
12. Kraft Foods
4
13. Ford Motor Co.
3
14. A.T. Kearney
3
15. Intel Corp.
3
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$76,934
Median starting-base salary (excluding bonuses) for the Class of 2002
$80,000
Average first-year signing bonus
$14,527
Median first-year signing bonus
$15,000
Job-accepting graduates who received a signing bonus
69%
(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
$80,000
Median signing bonus
$15,000
Median other compensation
$10,000
Median MBA loans
$36,000
Average number of job offers at graduation
1.2
Average living expenses (not including tuition) over course of program
$34,679
Summer internship resulted in full-time employment
Graduates accepting jobs in the following regions:
Africa
0%
Asia
7%
Central/South America, Mexico
1%
Eastern Europe
0%
Middle East
0%
North America
(Canada: n/a / U.S.: n/a )
91%
Oceania
0%
Western Europe
1%
Within North America:
Canada
n/a
Mid-Atlantic U.S.
3%
Midwest U.S.
61%
Northeast U.S.
11%
South U.S.
9%
Southwest U.S.
5%
U.S. Possessions and territories
n/a
West U.S.
11%
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. Bristol Myers Squibb/Mead Johnson
9
2. Procter & Gamble
8
3. Brown & Williamson
7
4. Eli Lilly
7
5. Citibank
5
6. Kraft Foods
5
7. Intel Corp.
4
8. Johnson & Johnson/Ethicon/Depuy
4
9. Whirlpool
4
10. Banc of America Securities
3
11. Cummins, Inc
3
12. Ford Motor Co.
3
13. Pfizer, Inc
3
14. Sabre, Inc
3
15. Barclays Capital
2
Internship compensation:
Paid internships
85%
Average internship compensation
$4,475
Median internship compensation
$5,000
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
National Black MBA Conference
Sept.
Yes
Kelley Treks: domestic cities
Mar.
Yes
NSHMBA Job Fair in San Antonio
Nov.
Yes
International MBA Conference
Nov.
Yes
Employer Receptions: domestic & intl cities
Apr.
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,552,000
Technology changes made over the past three years:
The school expanded from 10 technology classrooms to 100% of total classrooms. The school added wired connections at every student desktop in every classroom, a storage area network with 1 Terabyte available disk storage for research and instructional support, two specialty labs for graduate IS programs, a financial trading simulation/investment research room, and ubiquitous wireless coverage for all notebook and PDA users. H.323 video conferencing in now available in the classrooms for guest speakers.
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 13,561 MBA degrees since its founding. It has 13,012 living MBA alumni, and 48 MBA club(s) in 9 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 15% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $100, and a mean gift of U.S. $526. 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. $44,146,408
Information found in this survey was provided on behalf of the B-school by Terrill Cosgray