THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 81% |
Graduates who: |
 | received their first job offer by graduation | 61% |
| received their first job offer within the first three months after graduation | 84% |
| were company sponsored, or already employed (2) | 1% |
| were continuing their education (after graduation) (3) | 1% |
| were starting a new business (4) | 3% |
| postponed their job search | 7% |
| did not seek employment for other reasons | 5% |
| |
| Number of companies that recruited second-year students on campus in past academic year | n/a |
(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. Mattel |
9 |
| 2. Wells Fargo |
6 |
| 3. Agilent Technologies |
4 |
| 4. Lehman Brothers |
4 |
| 5. Merrill Lynch |
3 |
| 6. Bank of America |
3 |
| 7. Bear Stearns |
3 |
| 8. Deloitte Consulting |
3 |
| 9. Toyota |
3 |
| 10. Barclays |
3 |
| 11. Amgen |
2 |
| 12. Kraft |
2 |
| 13. Disney - Consumer Products |
2 |
| 14. Chevron |
2 |
| 15. Honeywell |
3 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$75,000 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$78,000 |
Average first-year signing bonus
|
$15,000 |
Median first-year signing bonus
|
$15,000 |
Job-accepting graduates who received a signing bonus
|
41% |
(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
|
$79,000 |
Median signing bonus
|
$12,000 |
Median other compensation
|
$25,000 |
Median MBA loans
|
$39,000 |
Average number of job offers at graduation
|
1.0 |
Average living expenses (not including tuition) over course of program
|
$45,929 |
Summer internship resulted in full-time employment
|
31% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Banking/Mortgage (Investment banking, etc.) |
27% |
| Consulting Services (management consulting, strategic planning, product management, etc.) |
9% |
| Financial Services |
23% |
| Human Resources |
4% |
| Internet/E-Commerce/New Media |
2% |
| Marketing |
25% |
| Sales |
3% |
| Other |
7% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 7% |
| Central/South America, Mexico | n/a |
| Eastern Europe | n/a |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | 93% |
| Oceania | n/a |
| Western Europe | n/a |
Within North America:
| Canada | n/a |
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 3% |
| Northeast U.S. | 11% |
| South U.S. | n/a |
| Southwest U.S. | 4% |
| U.S. Possessions and territories | n/a |
| West U.S. | 73% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: n/a
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Mattel |
9 |
| 2. 20th Century Fox |
6 |
| 3. Agilent Technologies |
4 |
| 4. Walt Disney Co |
4 |
| 5. Deloitte & Touche |
4 |
| 6. Honeywell |
4 |
| 7. Guidant |
3 |
| 8. Hewlett Packard |
3 |
| 9. Amgen |
2 |
| 10. Deloitte Consulting |
2 |
| 11. J.P. Morgan |
2 |
| 12. Kyocera |
2 |
| 13. Neutrogena |
2 |
| 14. Toyota |
2 |
| 15. Wells Fargo |
2 |
Internship compensation:
| Paid internships |
85% |
| Average internship compensation |
$4,373 |
| Median internship compensation |
$4,950 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
New York City
|
Dec. |
No |
San Francisco Bay Area
|
Jan. |
No |
San Diego
|
Jan. |
No |
San Francisco
|
Mar. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $17,000,000
Technology changes made over the past three years:
-Doubled student email capacity by upgrading server to Exchange 2000.
-Initiated Customer Relationship Management/Enterprise Resource Management Planning, including creating an online directory used as a roster for faculty and a networking tool for students. Also includes phase one of "My Marshall," a customized web page for students promoting communication within the Marshall community.
-Wireless capabilities added to all areas in and out of Popovich Hall, the graduate student building.
-Upgraded computer lab PCs and reconfigured lab with ergonomically correct furniture, also accessible to persons with disabilities.
-Upgraded projectors and document cameras in MBA classrooms.
-Installed 2 Bloomberg terminals for use by MBA students.
-Launched MBA laptop programs utilizing recommendations from a student task force to determine "standard" laptop for MBA students. Included ability to purchase laptops at reduced prices and technical experts to configure laptops and connect to the network.
-Enhanced life-long email forwarding service for graduates.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.marshall.usc.edu/alumni
Current MBA students given access to alumni database? Yes
The B-school has awarded n/a MBA degrees since its founding. It has 18,119 living MBA alumni, and 14 MBA club(s) in 6 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 received a gift in excess of U.S. $10 million, and the B-school's total endowment is U.S. $130,000,000
ADDITIONAL SCHOOL COMMENTS
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Information found in this survey was provided on behalf of the B-school by Barbara J. Roberts
|
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Copyright 2002, Bloomberg L.P.
