received their first job offer within the first three months after graduation
86%
were company sponsored, or already employed (2)
10%
were continuing their education (after graduation) (3)
0%
were starting a new business (4)
2%
postponed their job search
5%
did not seek employment for other reasons
2%
Number of companies that recruited second-year students on campus in past academic year
113
(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. McKinsey & Company
62
2. The Boston Consulting Group
19
3. Bain & Company
17
4. Booz Allen & Hamilton
12
5. AT Kearney
10
6. Accenture
9
7. Deloitte Consulting
9
8. Johnson & Johnson
9
9. Royal Dutch Shell
9
10. Ford Motor Company
8
11. L'Oréal
8
12. LVMH
8
13. Novartis
8
14. GE Capital
7
15. ABN AMRO Bank
6
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$113,000
Median starting-base salary (excluding bonuses) for the Class of 2002
$105,000
Average first-year signing bonus
$20,500
Median first-year signing bonus
$21,600
Job-accepting graduates who received a signing bonus
60%
(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
$84,000
Median signing bonus
$19,000
Median other compensation
$31,000
Median MBA loans
$25,500
Average number of job offers at graduation
1.8
Average living expenses (not including tuition) over course of program
$32,977
Summer internship resulted in full-time employment
Graduates accepting jobs in the following regions:
Africa
1%
Asia
11%
Central/South America, Mexico
4%
Eastern Europe
3%
Middle East
2%
North America
(Canada: 10% / U.S.: 90%)
5%
Oceania
1%
Western Europe
73%
Within North America:
Canada
10%
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: 72
Top 15 recruiting firms:
Firm
Interns Hired
1. Accenture
3
2. AT Kearney
4
3. Eli Lilly
5
4. Goldman Sachs
5
5. McKinsey & Company
3
6. Morgan Stanley
5
7. MTV Asia
3
8. Newell Window Fashion
3
9. Roland Berger Strategy Consultants
3
10. CSFB
3
11. Lafarge
2
12. Novartis
2
13. Unilever
2
14. UBS Warburg
2
15. Deutsche Bank
2
Internship compensation:
Paid internships
100%
Average internship compensation
n/a
Median internship compensation
$4,800
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $5,000,000
Technology changes made over the past three years:
The school launced a Web-based Knowledge Portal (http://knowledge.insead.edu) and INSEAD On-Line (IOL) (distance learning). The school implemented lifelong e-mail for alumni and an easy access Web-based directory of alumni (the alumni address book on-line). The IOL platform is for executive education offerings (blended learning) in open and custom programs. Internet access was upgraded from 2Mb in 2000 to 20Mb in August 2002. Access to a Internet2 is now available from both campuses for research projects. Video-conferencing facilites have been tested and installed for video over IP. ISDN lines equipment has been added in all lecture rooms for video-conferencing capabilities. Tthe audio-visual equipment has been upgraded in all lecture rooms. All open-access workstations form MBA and Executive Education participants have been upgraded and homogenized. Facilities have been equipped with SmartBoard technology. New PBX systems were installed in August 2000 on both campuses. The upgrade of the network infrastructure from 100Mb to 1Gb on both campuses, Fontainebleau and Singapore, was finalized.
Security was improved with the installation of a new firewall and VLAns. The school also remodeled its server room architecture for security and redundancy and migrated all databases to Oracle 8i, The school is currently in the process of migrating the whole NT platform to Windows 2000.
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 12,929 MBA degrees since its founding. It has 12,715 living MBA alumni, and n/a MBA club(s) in 35 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 10% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $58,916, and a mean gift of U.S. $1,275. 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. $46,000,000
Information found in this survey was provided on behalf of the B-school by Helle Jensen