received their first job offer within the first three months after graduation
11%
were company sponsored, or already employed (2)
6%
were continuing their education (after graduation) (3)
0%
were starting a new business (4)
0%
postponed their job search
4%
did not seek employment for other reasons
0%
Number of companies that recruited second-year students on campus in past academic year
66
(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. Ford Motor Company
5
2. Raytheon Company
4
3. Visteon Corporation
4
4. United Technologies Corporation
3
5. Guidant Corporation
3
6. Whirlpoool Corporation
2
7. Standard & Poors Corporate Value Consulting
2
8. Johnson & Johnson
2
9. General Electric Company
2
10. Applied Materials, Inc.
2
11. The Dow Chemical Company
2
12. Federal-Mogul Corporation
2
13. Intel Corporation
1
14. Fisher Scientific International
1
15. DaimlerChrysler Corporation
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$74,133
Median starting-base salary (excluding bonuses) for the Class of 2002
$77,560
Average first-year signing bonus
$11,474
Median first-year signing bonus
$12,000
Job-accepting graduates who received a signing bonus
88%
(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
$75,000
Median signing bonus
$10,000
Median other compensation
$11,500
Median MBA loans
$19,000
Average number of job offers at graduation
1.3
Average living expenses (not including tuition) over course of program
$24,589
Summer internship resulted in full-time employment
Graduates accepting jobs in the following regions:
Africa
0%
Asia
5%
Central/South America, Mexico
2%
Eastern Europe
0%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
92%
Oceania
0%
Western Europe
2%
Within North America:
Canada
0%
Mid-Atlantic U.S.
5%
Midwest U.S.
59%
Northeast U.S.
15%
South U.S.
3%
Southwest U.S.
6%
U.S. Possessions and territories
0%
West U.S.
5%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 96
Top 15 recruiting firms:
Firm
Interns Hired
1. Michigan State University
8
2. Whirlpool Corporation
4
3. Intel Corporation
4
4. Polyphasic
3
5. Motor Coach
3
6. BMW Manufacturing Corporation
3
7. General Motors Corporation
3
8. Dell Computer Corporation
2
9. Ford Motor Company
2
10. Genentech
2
11. General Electric Company
2
12. Guidant Corporation
2
13. R.R. Donnelley & Sons
2
14. Mead Johnson & Company
2
15. Kellogg Company
2
Internship compensation:
Paid internships
100%
Average internship compensation
$4,428
Median internship compensation
$4,767
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
National MBA Consortium
Nov.
Yes
National Society of Hispanic MBAs
Nov.
Yes
National Black MBA Association
Sept.
Yes
Global MBA Employment Conference
Nov.
Yes
National Manufacturing Recruiting Forum
Nov.
Yes
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $2,750,000
Technology changes made over the past three years:
The school added a wireless lab, an MBA Open Lab, a Enterprise Resource Planning (ERP) Lab, and a Financial Analysis Lab. New computers were added in every office, the library, and laboratory. Full access to historical databases for all students and full classroom access for all students to the Web and other servers is now available. All classroooms are now fully wired as well as offices and student work areas (1GHZ fiberoptics). The school now allows for full portability between business buildings, both on and off campus.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? No
Current MBA students given access to alumni database? No
The B-school has awarded 9,265 MBA degrees since its founding. It has 7,213 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. $1,265. 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 Jennifer Chizuk
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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