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2002 FULL-TIME MBA PROFILE
University of Wisconsin-Madison
School of Business

Sections: Getting In | Academics & Lifestyle |  Career & Alumni Affairs  | Graduate Comments


Address: Room 3150 Grainger Hall
975 University Ave.
Madison, WI 53706-1323
E-Mail: uwmadmba@bus.wisc.edu
Web site: http://www.bus.wisc.edu/graduateprograms


THE FULL-TIME JOB HUNT

Graduating class seeking employment (1)   64%

Graduates who:
received their first job offer by graduation 70%
received their first job offer within the first three months after graduation 4%
were company sponsored, or already employed (2) 7%
were continuing their education (after graduation) (3) 3%
were starting a new business (4) 4%
postponed their job search 5%
did not seek employment for other reasons 7%
 
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:
FirmGraduates Hired
1. Guidant Corporation 3
2. Kraft Foods Inc. 3
3. Lands' End Inc. 3
4. American Family Insurance 2
5. ANB Enterprises Inc. 2
6. Clorox Company, The 2
7. Deloitte Consulting 2
8. General Mills Inc. 2
9. Grainger Inc. 2
10. Philip Morris USA 2
11. Samsung Electronics 2
12. IBM 1
13. Lehman Brothers 1
14. Johnson & Johnson 1
15. Intel Corporation 1


Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002

$68,804
Median starting-base salary (excluding bonuses) for the Class of 2002

$75,000
Average first-year signing bonus

$11,180
Median first-year signing bonus

$10,000
Job-accepting graduates who received a signing bonus

62%

(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

$71,500
Median signing bonus

$10,000
Median other compensation

$18,000
Median MBA loans

$1,000
Average number of job offers at graduation

1.7
Average living expenses (not including tuition) over course of program

$26,578
Summer internship resulted in full-time employment

32%


CAREER DIRECTIONS

Graduates accepting jobs in the following fields:
Consulting Services (management consulting, strategic planning, product management, etc.) 3%
Finance/Economics 32%
Human Resources 1%
Information Technology 4%
Marketing 28%
Transportation/Logistics and Warehousing 10%
Other 22%

Graduates accepting jobs in the following regions:
Africa n/a
Asia 9%
Central/South America, Mexico n/a
Eastern Europe n/a
Middle East n/a
North America
 (Canada: 0% / U.S.: 100%)
91%
Oceania n/a
Western Europe n/a

Within North America:
Canada 0%
Mid-Atlantic U.S. 4%
Midwest U.S. 66%
Northeast U.S. 11%
South U.S. 5%
Southwest U.S. 5%
U.S. Possessions and territories 0%
West U.S. 10%


MBA INTERNSHIPS

Companies that recruited first-year MBA students for internships on campus in past academic year: n/a

Top 15 recruiting firms:
FirmInterns Hired
1. Guidant Corporation 3
2. IBM 2
3. Kraft Foods Inc. 2
4. Lands' End 2
5. Eli Lilly & Company 1
6. General Mills Inc. 1
7. Goodyear Tire & Rubber Co. 1
8. Grainger Inc. 1
9. Harley-Davidson Motor Co. 1
10. Miller Brewing Co. 1
11. Quaker Oats 1
12. Rayovac Corp. 1
13. UBS Warburg 1
14. BASF 1
15. Dell Computer 1


Internship compensation:
Paid internships 100%
Average internship compensation $4,899
Median internship compensation $5,000


B-SCHOOL SERVICES

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Paid for by B-School
National MBA Consortium

Nov. No
International MBA Consortium

Nov. No
National Black MBA Conference

Sept. No
National Society of Hispanic MBA

Nov. No
National Manufacturing Recruiting Forum

Nov. No


TECHNOLOGY

Wireless network in main buildings: Yes

School's investment in technology over the past three years: $900,000

Technology changes made over the past three years:
Technological Improvements 1999-2002



Instructional technology improvements for 1999-2002 include
new computers added to the podiums in the classrooms so that instructors can easily access
their presentations from the network. The student computer labs have been upgraded with new computers and a more robust operating system (Windows 2000). Faculty and staff have been upgraded to Windows 2000. This allowed us to give faculty and staff
a large amount of network space which is backed up for them. It also allowed faculty to log into
the classrooms and still have access to their files.
Another upgrade added is the online application process for the graduate and undergraduate programs. This allows
potential students to apply online from the convenience of their computers wherever that may be.






ALUMNI AFFAIRS

Alumni office offers placement services for MBA alumni? Yes

Alumni networking Web site:
http://www.bus.wisc.edu/alumni

Current MBA students given access to alumni database? Yes

The B-school has awarded 10,752 MBA degrees since its founding. It has 10,519 living MBA alumni, and 7 MBA club(s) in 1 countries, where B-school alums can participate in school activities and alumni events.

During the past 12 months, 13% of alumni gave to the school's fundraising efforts. They gave a median gift of U.S. $100, and a mean gift of U.S. $1,023. 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. $89,432,677

Information found in this survey was provided on behalf of the B-school by Helen Capellaro


 
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