received their first job offer within the first three months after graduation
n/a
were company sponsored, or already employed (2)
4%
were continuing their education (after graduation) (3)
0%
were starting a new business (4)
1%
postponed their job search
1%
did not seek employment for other reasons
0%
Number of companies that recruited second-year students on campus in past academic year
65
(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. Goldman Sachs & Co.
6
2. Bain & Company
5
3. The Parthenon Group
5
4. Booz-Allen & Hamilton
3
5. Cambridge Associates
3
6. IBM Strategy & Change
3
7. Investor Group Services
3
8. J.M. Huber
3
9. Accenture
2
10. Boston Consulting Group
2
11. Citigroup Inc.
2
12. Deere & Company
2
13. GE Capital
2
14. General Mills
2
15. Staples M&T Bank Morgan Stanley Putnam Investments Strategic Decisions Group Lehman Brothers
2
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
$89,661
Median starting-base salary (excluding bonuses) for the Class of 2002
$87,000
Average first-year signing bonus
$19,123
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
$90,000
Median signing bonus
$20,000
Median other compensation
$30,000
Median MBA loans
$46,000
Average number of job offers at graduation
1.3
Average living expenses (not including tuition) over course of program
$48,224
Summer internship resulted in full-time employment
40%
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
n/a
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
n/a
Central/South America, Mexico
n/a
Eastern Europe
n/a
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
n/a
Oceania
n/a
Western Europe
n/a
Within North America:
Canada
n/a
Mid-Atlantic U.S.
n/a
Midwest U.S.
n/a
Northeast U.S.
n/a
South U.S.
n/a
Southwest U.S.
n/a
U.S. Possessions and territories
n/a
West U.S.
n/a
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 71
Top 15 recruiting firms:
Firm
Interns Hired
1. Lehman Brothers
7
2. Deloitte & Touche
6
3. Goldman Sachs
6
4. Boston Consulting Group
4
5. J.P. Morgan Chase & Co.
4
6. Mercer Management Consulting
4
7. Morgan Stanley
4
8. National Parks Conservatory Association
4
9. Allied Domecq
3
10. Brystol-Myers Squibb
3
11. GE Capital
3
12. Merck-Medco
3
13. Pfizer, Inc.
3
14. The Home Depot
3
15. Bain & Company Citgroup Colgate-Palmolive Corning Inc. Deere & Co. Fidelity Management & Research General Mills Granite
2
Internship compensation:
Paid internships
95%
Average internship compensation
$14,634
Median internship compensation
$15,600
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
Consulting - Boston
Oct.
No
Investment banking - Wall Street
Dec.
No
Investment mangemt - Boston
Jan.
No
Biotech - Boston
Jan.
No
Technology - West Coast
Mar.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,800,000
Technology changes made over the past three years:
The school increased network availability with a switched 10/100 Ethernet. The campus-based wireless network was expanded. The wireless network was expanded to the off-campus graduate student residential housing cluster at Sachem. In addition, the school continued the IBM Thinkpad University program, enhanced intranet services for career services/recruiting, and renovated the Stoneman classroom.
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 7,803 MBA degrees since its founding. It has 7,500 living MBA alumni, and 20 MBA club(s) in 5 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 62% 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. $149,000,000
Information found in this survey was provided on behalf of the B-school by Erinrose Handy