received their first job offer within the first three months after graduation
94%
were company sponsored, or already employed (2)
4%
were continuing their education (after graduation) (3)
12%
were starting a new business (4)
3%
postponed their job search
7%
did not seek employment for other reasons
15%
Number of companies that recruited second-year students on campus in past academic year
50
(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. AEGON USA Inc.
1
2. Allstate Corporation, The
1
3. Allsteel Inc.
1
4. CitiCards
1
5. Con Agra
1
6. General Electric Co.
3
7. International Truck & Engine Corp.
1
8. Johnson Controls
1
9. Kimberly-Clark Corp.
5
10. Meredith Publishing
1
11. NCS Pearson Inc.
2
12. Pfizer
1
13. Principal Capital Management
1
14. Rockwell Collins
1
15. SBC Communications
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$75,646
Median starting-base salary (excluding bonuses) for the Class of 2002
$75,000
Average first-year signing bonus
$10,321
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
53%
(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
$71,000
Median signing bonus
$10,000
Median other compensation
$10,000
Median MBA loans
$17,000
Average number of job offers at graduation
1.0
Average living expenses (not including tuition) over course of program
$22,900
Summer internship resulted in full-time employment
32%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
Finance/Economics
48%
Human Resources
4%
Information Technology
4%
Marketing
33%
Other
4%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
n/a
Central/South America, Mexico
n/a
Eastern Europe
n/a
Middle East
n/a
North America
(Canada: 0% / U.S.: 100%)
100%
Oceania
n/a
Western Europe
n/a
Within North America:
Canada
0%
Mid-Atlantic U.S.
7%
Midwest U.S.
78%
Northeast U.S.
15%
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: 40
Top 15 recruiting firms:
Firm
Interns Hired
1. AEGON USA, Inc.
2
2. Best Buy
2
3. John Deere Credit/Deere & Co.
4
4. Maytag
2
5. Rockwell Collins
2
6. Allsteel
1
7. Citi Cards
1
8. GE Power Systems/GE
2
9. General Motors
1
10. KPMG Holdings Ltd.
1
11. Kraft Foods, Inc.
1
12. MBNA American Corp.
1
13. NCS Pearson
1
14. Procter & Gamble
1
15. Scotia Capital
1
Internship compensation:
Paid internships
100%
Average internship compensation
$10,410
Median internship compensation
$10,401
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
National Black MBA Assn.
Nov.
Yes
National Society of Hispanic MBA's
Nov.
Yes
National MBA Consortium
Nov.
No
Global MBA/Masters Employment Conference
Oct.
No
DISCO International
Oct.
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $1,046,074
Technology changes made over the past three years:
The school installed a Blackboard server and two upgrades. Online evening MBA registration, including purchase of hardware, software and programming support was created. A Wireless upgrade to 802.11b standard was performed. Computers in labs, classrooms, and graduate student offices were replaced. The school upgraded to Windows and Office 2000. The network infrastructure, including complete rewire and replacement of electronics, was upgraded. A new college Web server was added and extensive revision to Web site took place. A student production Web server for class projects, including connection to campus Active Directory server for authentication, was implemented. A new Oracle server was installed for instructional use. PDA support was increased. The school aquired WRDS from Wharton and DataStream. A new backup system was added, as well as equipment for IP videoconferencing. Computers and laptops were installed and supported in the library.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site: n/a
Current MBA students given access to alumni database? No
The B-school has awarded 4,912 MBA degrees since its founding. It has 4,854 living MBA alumni, and 0 MBA club(s) in 0 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 6% 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. $213. 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. $38,370,690
Information found in this survey was provided on behalf of the B-school by Sharon Scheib
=Subscribers Only
Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
MBA Insider
