received their first job offer within the first three months after graduation
21%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
3%
were starting a new business (4)
2%
postponed their job search
5%
did not seek employment for other reasons
1%
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. IBM Corporation
8
2. University of Notre Dame
7
3. Honeywell International Inc.
6
4. Kraft Foods
4
5. General Electric Company
3
6. Hewlett-Packard Company
3
7. Johnson & Johnson
3
8. Keane Consulting Group
3
9. CIGNA
2
10. E & J Gallo Winery
2
11. Emerson Electric Co.
2
12. Ford Motor Company
2
13. P. A. Smith Concepts & Design
2
14. Strong Capital Management
2
15. Whirlpool Corporation
2
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$71,873
Median starting-base salary (excluding bonuses) for the Class of 2002
$75,000
Average first-year signing bonus
$9,943
Median first-year signing bonus
$7,500
Job-accepting graduates who received a signing bonus
74%
(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
$12,000
Median other compensation
$15,000
Median MBA loans
$33,000
Average number of job offers at graduation
1.2
Average living expenses (not including tuition) over course of program
$28,411
Summer internship resulted in full-time employment
38%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
Accounting/Auditing
7%
Advertising/Public Relations
1%
Banking/Mortgage (Investment banking, etc.)
8%
Community, Social Services, and Nonprofit/Volunteer
Graduates accepting jobs in the following regions:
Africa
1%
Asia
2%
Central/South America, Mexico
2%
Eastern Europe
0%
Middle East
0%
North America
(Canada: 1% / U.S.: 99%)
96%
Oceania
0%
Western Europe
0%
Within North America:
Canada
1%
Mid-Atlantic U.S.
8%
Midwest U.S.
41%
Northeast U.S.
17%
South U.S.
7%
Southwest U.S.
9%
U.S. Possessions and territories
0%
West U.S.
17%
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. University of Notre Dame
11
2. IBM Corporation
5
3. Honeywell International, Inc.
4
4. General Electric Company
3
5. Whirlpool Corporation
3
6. Citigroup
2
7. DTE Energy
2
8. Ethicon, Inc.
2
9. J. P. Morgan Chase & Co.
2
10. Kraft Foods
2
11. Pace Global Energy
2
12. Proctor & Gamble
2
13. SBC Communications
2
14. Sprint
2
15. World Bank
2
Internship compensation:
Paid internships
n/a
Average internship compensation
$4,667
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
Washington DC, Alumni Networking
Oct.
No
NY Wall Street firm visit & NY Alum Networking
Oct.
No
Atlanta Alumni Networking Event
Nov.
No
SanFrancisco Alumni Networking
Jan.
No
Chicago Alumni Networking
Feb.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $1,200,000
Technology changes made over the past three years:
The school built the Office of Information Technology Center, revamped its server room, purchased a research database server, a web server, and an enterprise server. The school installed an experimental wireless project in most areas of the college including classrooms, research seminar rooms, and the atrium, The school upgraded to Windows XP in all classrooms and podia, and Windows 2000 in the remainder of the college. Faculty PCs are upgraded every three years and staff PCs every four years. Ten college Web sites were redesigned to incorporate on-line applications and databases. The school implemented use of eProject software for project management and group collaboration in MBA and Exec. MBA programs and the use of a content managementn sytem to allow individuals of all departments to update and edit sites in a more timely fashion. An on-line faculty directory and database that allows faculty to update their academic and research listings more frequently and more accurately was developed. On-line surveys and database backend for faculty research were also developed. EScheduling, a course reservation software for MBA students and the online tool that helps students plan their course schedule, was designed and created. "The Book," a quick reference to the fundamental material presented in the MBA coure classes, was also developed.
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 4,362 MBA degrees since its founding. It has 4,293 living MBA alumni, and 243 MBA club(s) in 33 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 28% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $751, and a mean gift of U.S. $490. 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. $67,000,000
Information found in this survey was provided on behalf of the B-school by Joe Urbany
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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