received their first job offer within the first three months after graduation
58%
were company sponsored, or already employed (2)
0%
were continuing their education (after graduation) (3)
2%
were starting a new business (4)
1%
postponed their job search
2%
did not seek employment for other reasons
0%
Number of companies that recruited second-year students on campus in past academic year
84
(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. BB & T
5
2. GMAC
2
3. Ford Motor Co.
1
4. Exxon Mobil
1
5. Duke Energy
1
6. GE Capital
1
7. PPG Industries
1
8. Wachovia Securities
1
9. Bank of America
1
10. Chiquita Brands Inc,
1
11. Alltel Communications
1
12. Schering-Plough
1
13. Nextlink
1
14. GE Corporate
1
15. Parmalet
1
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$63,957
Median starting-base salary (excluding bonuses) for the Class of 2002
$64,100
Average first-year signing bonus
$6,500
Median first-year signing bonus
$5,500
Job-accepting graduates who received a signing bonus
38%
(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
$55,000
Median signing bonus
$5,000
Median other compensation
$13,500
Median MBA loans
$0
Average number of job offers at graduation
1.4
Average living expenses (not including tuition) over course of program
$26,200
Summer internship resulted in full-time employment
31%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
Accounting/Auditing
10%
Banking/Mortgage (Investment banking, etc.)
4%
Biotechnology and Pharmaceutical
3%
Community, Social Services, and Nonprofit/Volunteer
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
3%
Central/South America, Mexico
n/a
Eastern Europe
5%
Middle East
n/a
North America
(Canada: 1% / U.S.: 99%)
92%
Oceania
n/a
Western Europe
n/a
Within North America:
Canada
1%
Mid-Atlantic U.S.
11%
Midwest U.S.
14%
Northeast U.S.
15%
South U.S.
50%
Southwest U.S.
7%
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: 56
Top 15 recruiting firms:
Firm
Interns Hired
1. Citigroup
4
2. Ford Motor Co.
4
3. Siemens
4
4. Merial
3
5. Syngenta
2
6. General Motors
2
7. Cervapar
2
8. Hilti Corp
2
9. TRW
2
10. DHL
2
11. Bell South
2
12. DeutscheBank
2
13. Clariant
2
14. Abbott
2
15. Fundes
2
Internship compensation:
Paid internships
60%
Average internship compensation
$10,210
Median internship compensation
$4,500
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
Global MBA Employment Conference
Oct.
No
MBA - Consortium (Atlanta)
Nov.
No
MBA Consortium (NY)
Jan.
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $700,000
Technology changes made over the past three years:
The school upgraded PCs, video projection, and the network. The school added several high technology classrooms and wireless access.
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 8,205 MBA degrees since its founding. It has 8,161 living MBA alumni, and 40 MBA club(s) in 19 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 7% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $45, and a mean gift of U.S. $50. 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. $60,000,000
Information found in this survey was provided on behalf of the B-school by Robert Markland
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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