THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 98% |
Graduates who: |
 | received their first job offer by graduation | 81% |
| received their first job offer within the first three months after graduation | 88% |
| were company sponsored, or already employed (2) | 3% |
| were continuing their education (after graduation) (3) | 1% |
| were starting a new business (4) | 5% |
| postponed their job search | 2% |
| did not seek employment for other reasons | 1% |
| |
| Number of companies that recruited second-year students on campus in past academic year | 121 |
(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. McKinsey & Company |
n/a |
| 2. The Boston Consulting Group |
n/a |
| 3. Bain & Company |
n/a |
| 4. Goldman, Sachs & Co. |
n/a |
| 5. Siebel Systems |
n/a |
| 6. Microsoft Corporation |
n/a |
| 7. Morgan Stanley |
n/a |
| 8. Lucent |
n/a |
| 9. Capital Group |
n/a |
| 10. General Mills |
n/a |
| 11. Guidant |
n/a |
| 12. Intuit |
n/a |
| 13. JP Morgan Chase |
n/a |
| 14. Merrill Lynch |
n/a |
| 15. Relational Investors |
n/a |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$94,900 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$95,000 |
Average first-year signing bonus
|
$19,000 |
Median first-year signing bonus
|
$20,000 |
Job-accepting graduates who received a signing bonus
|
73% |
(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
|
$100,000 |
Median signing bonus
|
$20,000 |
Median other compensation
|
$35,000 |
Median MBA loans
|
$40,000 |
Average number of job offers at graduation
|
2.0 |
Average living expenses (not including tuition) over course of program
|
$54,983 |
Summer internship resulted in full-time employment
|
23% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Arts, Entertainment, Publishing, and Media |
2% |
| Banking/Mortgage (Investment banking, etc.) |
13% |
| Biotechnology and Pharmaceutical |
2% |
| Community, Social Services, and Nonprofit/Volunteer |
2% |
| Computers, Hardware |
2% |
| Computers, Software |
4% |
| Construction, Mining and Trades |
3% |
| Consulting Services (management consulting, strategic planning, product management, etc.) |
25% |
| Engineering |
1% |
| Financial Services |
19% |
| Government and Policy |
1% |
| Healthcare, Other |
2% |
| Healthcare, Practitioner, and Technician |
1% |
| Internet/E-Commerce/New Media |
8% |
| Manufacturing/Operations and Production |
2% |
| Real Estate |
2% |
| Restaurant and Food Service |
1% |
| Retail/Wholesale |
6% |
| Telecommunications |
3% |
| Transportation/Logistics and Warehousing |
1% |
Graduates accepting jobs in the following regions:
| Africa | 0% |
| Asia | 4% |
| Central/South America, Mexico | 4% |
| Eastern Europe | 0% |
| Middle East | 0% |
North America
(Canada: 0% / U.S.: 100%) | 87% |
| Oceania | 0% |
| Western Europe | 7% |
Within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 5% |
| Midwest U.S. | 11% |
| Northeast U.S. | 7% |
| South U.S. | 1% |
| Southwest U.S. | 3% |
| U.S. Possessions and territories | 0% |
| West U.S. | 61% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 355
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Goldman, Sachs Co. |
n/a |
| 2. Intuit |
n/a |
| 3. Sun Microsystems |
n/a |
| 4. Hewlett-Packard |
n/a |
| 5. McKinsey & Co. |
n/a |
| 6. Bain & Company |
n/a |
| 7. Lehman Brothers |
n/a |
| 8. Microsoft |
n/a |
| 9. Boston Consulting Group |
n/a |
| 10. BP |
n/a |
| 11. Merrill Lynch |
n/a |
| 12. American Express |
n/a |
| 13. Booz Allen Hamilton |
n/a |
| 14. Eli Lilly |
n/a |
| 15. Cisco Systems |
n/a |
Internship compensation:
| Paid internships |
99% |
| Average internship compensation |
n/a |
| Median internship compensation |
n/a |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
Arts, Media, & Entertainment Trek - LA
|
Feb. |
No |
Arts, Media, & Entertainment Trek - NYC
|
Jan. |
No |
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $14,105,000
Technology changes made over the past three years:
During the past three years, the school added a number of purchased and custom-developed web-based software applications. These range from tools to improve communication within the school and with alumni, to helping students make contact with recruiters, to delivering new tools for the classroom, and to help faculty and PhD students to use technology in helping to extend understanding of management theory through research. The school implemented a Student Web Portal that provides students with both general and personalized information. The school upgraded servers and network speeds and implemented technology to extend the reach of services.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.gsb.stanford.edu/alumni
Current MBA students given access to alumni database? Yes
The B-school has awarded 16,003 MBA degrees since its founding. It has 14,537 living MBA alumni, and 46 MBA club(s) in 20 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 34% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $275, and a mean gift of U.S. $3,604. 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. $492,000,000
Information found in this survey was provided on behalf of the B-school by Barbara Buell
|
=Subscribers Only
Copyright 2002, Bloomberg L.P.
