received their first job offer within the first three months after graduation
16%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
3%
were starting a new business (4)
0%
postponed their job search
13%
did not seek employment for other reasons
5%
Number of companies that recruited second-year students on campus in past academic year
59
(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. Fed Ex Ground Services
3
2. Ford Motor Co.
2
3. Johnson & Johnson International
2
4. Medrad
2
5. Ernst & Young
2
6. Amazon.com
1
7. Citibank
1
8. Eli Lily
1
9. Equitable Resources
1
10. Abbott Labs
1
11. Key Bank
1
12. National City Bank
1
13. Exelon
1
14. PNC Bank
1
15. Standard & Poor's
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$71,258
Median starting-base salary (excluding bonuses) for the Class of 2002
$70,000
Average first-year signing bonus
$9,595
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
49%
(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
$72,000
Median signing bonus
$10,000
Median other compensation
$55,000
Median MBA loans
$17,000
Average number of job offers at graduation
1.3
Average living expenses (not including tuition) over course of program
$22,844
Summer internship resulted in full-time employment
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
n/a
Central/South America, Mexico
n/a
Eastern Europe
3%
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
n/a
Oceania
n/a
Western Europe
3%
Within North America:
Canada
n/a
Mid-Atlantic U.S.
54%
Midwest U.S.
18%
Northeast U.S.
10%
South U.S.
14%
Southwest U.S.
2%
U.S. Possessions and territories
n/a
West U.S.
2%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 22
Top 15 recruiting firms:
Firm
Interns Hired
1. Bristol Myers Squibb
3
2. Deloitte Consulting
1
3. Federated Investors
1
4. Fed Ex Services
1
5. McNeil Consumer Products
1
6. PNC Bank
1
7. Peco Energy-Exelon
2
8. Glaxosmithkline
1
Internship compensation:
Paid internships
100%
Average internship compensation
$4,154
Median internship compensation
$4,000
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
Washington DC
Feb.
Yes
New York
Feb.
Yes
New York
Mar.
Yes
Chicago
Mar.
Yes
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $1,000,000
Technology changes made over the past three years:
The school created 18 fully ported team rooms providing maximum laptop connectivity. Major classrooms were upgraded to provide state-of-the-art audio/visual equipment and heavy internet connectivity. The laptop program and support was expanded to keep pace with today's P4mobile, Windows XP based technologies. The PC-based administration support system was replaced with an Oracle based client serveradministrative system, using Web-based access and supporting an on-line inquiry and application system. The school installed Bloomberg terminal services in the Business Library. The Finance Database access was expanded to WRDS (Wharton Research Data Services) program providing ready access via the Web.
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 24,000 MBA degrees since its founding. It has 14,000 living MBA alumni, and 7 MBA club(s) in 6 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 17% 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. $165. 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. $27
Information found in this survey was provided on behalf of the B-school by Barry Kukovich
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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