THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 85% |
Graduates who: |
 | received their first job offer by graduation | 46% |
| received their first job offer within the first three months after graduation | 55% |
| were company sponsored, or already employed (2) | 3% |
| were continuing their education (after graduation) (3) | 4% |
| were starting a new business (4) | 2% |
| postponed their job search | n/a |
| did not seek employment for other reasons | 3% |
| |
| Number of companies that recruited second-year students on campus in past academic year | 73 |
(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. Ford Motor Company |
5 |
| 2. Shell |
3 |
| 3. Calpine |
2 |
| 4. Dell |
2 |
| 5. Duke Energy |
2 |
| 6. GE |
2 |
| 7. Halliburton |
2 |
| 8. National Oil Well |
2 |
| 9. Reliant Energy |
2 |
| 10. Baker Hughes |
1 |
| 11. Cintas |
1 |
| 12. ExxonMobil |
1 |
| 13. JP Morgan Chase |
1 |
| 14. Merck |
1 |
| 15. SBC Communications |
1 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$72,597 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$75,000 |
Average first-year signing bonus
|
$9,667 |
Median first-year signing bonus
|
$10,000 |
Job-accepting graduates who received a signing bonus
|
64% |
(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
|
$10,000 |
Median MBA loans
|
$8,000 |
Average number of job offers at graduation
|
0.9 |
Average living expenses (not including tuition) over course of program
|
$29,146 |
Summer internship resulted in full-time employment
|
26% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Accounting/Auditing |
2% |
| Agriculture, Forestry, and Fishing |
2% |
| Banking/Mortgage (Investment banking, etc.) |
4% |
| Consulting Services (management consulting, strategic planning, product management, etc.) |
2% |
| Education, Training, and Library |
1% |
| Engineering |
5% |
| Finance/Economics |
29% |
| Financial Services |
4% |
| Government and Policy |
1% |
| Human Resources |
13% |
| Information Technology |
2% |
| Manufacturing/Operations and Production |
10% |
| Marketing |
17% |
| Real Estate |
1% |
| Sales |
1% |
| Telecommunications |
2% |
| Transportation/Logistics and Warehousing |
4% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | n/a |
| Central/South America, Mexico | 2% |
| Eastern Europe | n/a |
| Middle East | n/a |
North America
(Canada: 0% / U.S.: 100%) | 96% |
| Oceania | n/a |
| Western Europe | 2% |
Within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 12% |
| Northeast U.S. | 11% |
| South U.S. | 6% |
| Southwest U.S. | 55% |
| U.S. Possessions and territories | 0% |
| West U.S. | 9% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 16
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. GE |
3 |
| 2. Ford Motor Company |
3 |
| 3. Texas Engineering Extension |
3 |
| 4. Duke Energy |
2 |
| 5. ARM, Inc. |
1 |
| 6. Booz Allen & Hamilton |
1 |
| 7. BSN - BANIF |
1 |
| 8. Burlington Northern Santa Fe |
1 |
| 9. Cirrus Logic |
1 |
| 10. ExxonMobil |
1 |
| 11. Frito-Lay |
1 |
| 12. International Herald Tribune |
1 |
| 13. U.S. Department of Commerce |
1 |
| 14. Storagetek |
1 |
| 15. Syntroleum |
1 |
Internship compensation:
| Paid internships |
8% |
| Average internship compensation |
$4,525 |
| Median internship compensation |
$4,550 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
Southwest MBA Career Forum
|
Oct. |
No |
Atlanta Corporate Connections
|
Nov. |
Yes |
New York Corporate Connections
|
Jan. |
Yes |
Dallas Corporate Connections
|
Apr. |
Yes |
Houston Corporate Connections
|
Jan. |
Yes |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $1,875,400
Technology changes made over the past three years:
The school added the "dot Learn" student and faculty portal system. The school currently operates four student computer laboratories: A main laboratory with 70 individual workstations; a special-use teaching lab, a Mobile Laptop Wireless Lab, and the Reliant Energy Trading Center. The school installed additional cameras, microphones, DVD/video capability, and electronic whiteboards in classrooms. PC Computers are replaced every three years (next upgrade -- summer 2002). Multi-media LCD projectors are replaced every three years or as technology warrants. The school installed wireless network access in common areas, introduced a web-based email system, and upgraded server connections to 1GB.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://maysmbanetwork.org
Current MBA students given access to alumni database? Yes
The B-school has awarded 3,375 MBA degrees since its founding. It has 3,350 living MBA alumni, and 4 MBA club(s) in 1 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, n/a 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. 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. $60,117,017
ADDITIONAL SCHOOL COMMENTS
Please note: Due to the Hopwood decision, public universities in the state of Texas have race-blind admissions. Therefore, the school does not know the % of applicants who are underrepresented minorities.
Information found in this survey was provided on behalf of the B-school by Wendy Flynn
|
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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