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2002 FULL-TIME MBA PROFILE
Rice University
Jesse H. Jones Graduate School of Management— Professional Full-time MBA

Sections: Getting In | Academics & Lifestyle |  Career & Alumni Affairs  | Graduate Comments


Address: Jesse H. Jones Graduate School of Management Rice University anagement
PO Box 2932
Houston, TX 77252-2932
E-Mail: ricemba@rice.edu
Web site: http://www.jonesgsm.rice.edu


THE FULL-TIME JOB HUNT

Graduating class seeking employment (1)   92%

Graduates who:
received their first job offer by graduation 67%
received their first job offer within the first three months after graduation 95%
were company sponsored, or already employed (2) 2%
were continuing their education (after graduation) (3) 4%
were starting a new business (4) 3%
postponed their job search 0%
did not seek employment for other reasons 0%
 
Number of companies that recruited second-year students on campus in past academic year 145

(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:
FirmGraduates Hired
1. Duke Energy 11
2. ExxonMobil 4
3. Merrill Lynch 3
4. JPMorganChase 3
5. Credit Suisse First Boston 2
6. BP 2
7. Shell Oil 2
8. Conoco 2
9. Phillips 2
10. Pantellos 2
11. Kellogg's 1
12. Kraft 1
13. Deutsche Bank 1
14. Morgan Stanley 1
15. Ernst & Young 1


Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002

$75,394
Median starting-base salary (excluding bonuses) for the Class of 2002

$78,000
Average first-year signing bonus

$14,566
Median first-year signing bonus

$10,000
Job-accepting graduates who received a signing bonus

60%

(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

$80,000
Median signing bonus

$12,000
Median other compensation

$25,000
Median MBA loans

$36,000
Average number of job offers at graduation

1.4
Average living expenses (not including tuition) over course of program

$40,311
Summer internship resulted in full-time employment

32%


CAREER DIRECTIONS

Graduates accepting jobs in the following fields:
Consulting Services (management consulting, strategic planning, product management, etc.) 7%
Financial Services 59%
Human Resources 1%
Marketing 12%
Other 21%

Graduates accepting jobs in the following regions:
Africa 0%
Asia 2%
Central/South America, Mexico 0%
Eastern Europe 0%
Middle East 2%
North America
 (Canada: 0% / U.S.: 100%)
96%
Oceania 0%
Western Europe 0%

Within North America:
Canada 0%
Mid-Atlantic U.S. 0%
Midwest U.S. 5%
Northeast U.S. 5%
South U.S. 4%
Southwest U.S. 77%
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: 110

Top 15 recruiting firms:
FirmInterns Hired
1. Deutsche Bank 5
2. El Paso 5
3. ExxonMobil 4
4. BioNexus Ventures 4
5. Lehman Brothers 3
6. JPMorgan Chase 3
7. Merrill Lynch 3
8. Conoco 3
9. Gulf States Toyota 3
10. MaxVU 3
11. The Methodist Hospital 2
12. Shell Oil 2
13. Sabre 2
14. MMI Products, Inc. 2
15. Stewart Title 2


Internship compensation:
Paid internships 98%
Average internship compensation $4,445
Median internship compensation $4,200


B-SCHOOL SERVICES

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Paid for by B-School
Atlanta Consortium

Nov. No
New York Consortium

Jan. No
Silicon Valley

Mar. No
Wall St.

Nov. No


TECHNOLOGY

Wireless network in main buildings: Yes

School's investment in technology over the past three years: $7,500,000

Technology changes made over the past three years:
Each student is provided with a free, fully loaded laptop computer, upgraded this year to Pentium 4 and a two spindle unit to make the laptop lighter and trimmer. Wireless adaptors are an integral part of the computer. The new building is fully wired with a high- speed netowrk with a comprehensive wireless overlay. Students and faculty can work any where in the building. The El Paso Corporation Finance Center marries AV and computing to create a flexible teaching too which goes beyond a trading room. A research lab as well as a small classroom, finance center material can be displayed in an adjoining larger classroom.The building has two capture classrooms,
equipped with technologies that will record the entire classroom experience - student-teacher discussions, presentations, demonstrations, videos, slides, and other materials used - with minimal disruption. Conferencing technologies are installed in the classroom, allowing broadcast videoconferencing that allow for enhanced opportunities for collaboration with others outside the Jones School for distance learning. The school has a behaviorial studies suite with observation rooms, group process rooms, and individual study rooms.









ALUMNI AFFAIRS

Alumni office offers placement services for MBA alumni? Yes

Alumni networking Web site:
http://online.alumni.rice.edu

Current MBA students given access to alumni database? Yes

The B-school has awarded 2,157 MBA degrees since its founding. It has 2,149 living MBA alumni, and 9 MBA club(s) in 1 countries, where B-school alums can participate in school activities and alumni events.

During the past 12 months, 16% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $176, 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. $156,291,088

Information found in this survey was provided on behalf of the B-school by Debra Thomas


 
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