THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 74% |
Graduates who: |
 | received their first job offer by graduation | 41% |
| received their first job offer within the first three months after graduation | 16% |
| were company sponsored, or already employed (2) | 2% |
| were continuing their education (after graduation) (3) | 4% |
| were starting a new business (4) | 6% |
| postponed their job search | 6% |
| did not seek employment for other reasons | 3% |
| |
| Number of companies that recruited second-year students on campus in past academic year | 47 |
(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. ARES Corporation |
3 |
| 2. Deloitte and Touche Consulting |
2 |
| 3. Conexant |
2 |
| 4. Beckman Coulter |
1 |
| 5. PricewaterhouseCoopers |
1 |
| 6. Epson |
1 |
| 7. Guidant |
1 |
| 8. ConAgra |
1 |
| 9. Hewlett Parkard |
1 |
| 10. Mazda North America |
1 |
| 11. Qualcomm |
1 |
| 12. Pacific Life |
1 |
| 13. Masterfoods - Mars |
1 |
| 14. Ingram Micro |
1 |
| 15. IBM |
1 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$70,738 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$72,000 |
Average first-year signing bonus
|
$8,400 |
Median first-year signing bonus
|
$8,387 |
Job-accepting graduates who received a signing bonus
|
28% |
(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
|
$76,000 |
Median signing bonus
|
$10,000 |
Median other compensation
|
$10,000 |
Median MBA loans
|
$20,000 |
Average number of job offers at graduation
|
1.0 |
Average living expenses (not including tuition) over course of program
|
$45,802 |
Summer internship resulted in full-time employment
|
25% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Consulting Services (management consulting, strategic planning, product management, etc.) |
18% |
| Financial Services |
27% |
| Human Resources |
2% |
| Information Technology |
9% |
| Manufacturing/Operations and Production |
5% |
| Marketing |
27% |
| Other |
12% |
Graduates accepting jobs in the following regions:
| Africa | 0% |
| Asia | 5% |
| Central/South America, Mexico | 0% |
| Eastern Europe | 0% |
| Middle East | 0% |
North America
(Canada: 0% / U.S.: 100%) | 95% |
| Oceania | 0% |
| Western Europe | 0% |
Within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 0% |
| Northeast U.S. | 0% |
| South U.S. | 0% |
| Southwest U.S. | 22% |
| U.S. Possessions and territories | 0% |
| West U.S. | 76% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 150
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Conexant |
8 |
| 2. Roth Capital |
3 |
| 3. Hewlett Packard |
2 |
| 4. Net Asset Management |
2 |
| 5. Pacific Life |
2 |
| 6. Unisoft Technology |
2 |
| 7. Assured Regulartory Compliance |
2 |
| 8. Edwards Life Science |
1 |
| 9. Boeing |
1 |
| 10. Agilent |
1 |
| 11. eBay |
1 |
| 12. Qualcomm |
1 |
| 13. Mazda North America |
1 |
| 14. The Gap |
1 |
| 15. Beckman Coulter |
1 |
Internship compensation:
| Paid internships |
86% |
| Average internship compensation |
$12,000 |
| Median internship compensation |
$12,000 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
National Black MBA Association
|
Sept. |
Yes |
NSHMBA
|
Nov. |
Yes |
International MBA Consortium
|
Nov. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $506,000
Technology changes made over the past three years:
The school initiated streaming media services to allow it to broadcast TA sessions, faculty-delivered tutorials, and live conference coverage to students' homes and offices via high-speed internet connections. The school has added substantial capability to its internally developed content management system, Catalyst. A Storage Area Network and wireless electronic mail (Blackberry) were installed. Wireless networks were installed in 2001-2002. A dedicated ITM server that will provide classroom access to top tier business applications was installed. The school also upgraded to Microsoft Active Directory, Exchange 2000, SQL 2000, Internet Information Server 5, and Citrix Winframe for electronic library sources. In addition, the school maintains e-mail forwarding for life for all graduates, and an alumni intranet.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? No
Alumni networking Web site:
http://alumni.gsm.uci.edu
Current MBA students given access to alumni database? No
The B-school has awarded 3,990 MBA degrees since its founding. It has 3,975 living MBA alumni, and 1 MBA club(s) in 1 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. n/a, and a mean gift of U.S. $129. 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. $5,000,000
ADDITIONAL SCHOOL COMMENTS
While GSM has no formal majors, students can tailor their programs in various areas of study.
School History - founded in 1965 as the Graduate School of Administration (GSA) awarding degrees equivalent to the MBA - Master of Science in Administration (MSA), Master of Public Administration (MPA) and Master of Business and Public Administration (MBPA). In 1981 the name of the school was changed to Graduate School of Management (GSM) and the name of the degree to MBA.
Information found in this survey was provided on behalf of the B-school by Francine Matijak
|
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Copyright 2002, Bloomberg L.P.
