THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 90% |
Graduates who: |
 | received their first job offer by graduation | 70% |
| received their first job offer within the first three months after graduation | 85% |
| were company sponsored, or already employed (2) | n/a |
| were continuing their education (after graduation) (3) | 3% |
| were starting a new business (4) | 3% |
| postponed their job search | n/a |
| did not seek employment for other reasons | n/a |
| |
| Number of companies that recruited second-year students on campus in past academic year | 30 |
(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. Wells Fargo |
2 |
| 2. Principal Financial |
2 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$46,166 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$48,000 |
Average first-year signing bonus
|
$3,750 |
Median first-year signing bonus
|
$4,000 |
Job-accepting graduates who received a signing bonus
|
13% |
(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:
| Consulting Services (management consulting, strategic planning, product management, etc.) |
5% |
| Financial Services |
41% |
| Human Resources |
9% |
| Information Technology |
9% |
| Manufacturing/Operations and Production |
9% |
| Marketing |
18% |
| Other |
9% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 4% |
| Central/South America, Mexico | 4% |
| Eastern Europe | n/a |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | n/a |
| Oceania | n/a |
| Western Europe | n/a |
Within North America:
| Canada | n/a |
| Mid-Atlantic U.S. | n/a |
| Midwest U.S. | 80% |
| Northeast U.S. | n/a |
| South U.S. | n/a |
| Southwest U.S. | 8% |
| U.S. Possessions and territories | n/a |
| West U.S. | 4% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 28
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. General Mills |
2 |
Internship compensation:
| Paid internships |
94% |
| Average internship compensation |
$15 |
| 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 |
SWMBA Dallas Career Fair Expo
|
Oct. |
No |
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: n/a
Technology changes made over the past three years:
n/a
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? No
Alumni networking Web site:
http://www.bus.iastate.edu/ALUMNI/default.htm
Current MBA students given access to alumni database? No
The B-school has awarded 690 MBA degrees since its founding. It has n/a living MBA alumni, and n/a MBA club(s) in n/a countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, n/a 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. n/a. 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. n/a
Information found in this survey was provided on behalf of the B-school by Ronald Ackerman
|
=Subscribers Only
Copyright 2002, Bloomberg L.P.
