THE FULL-TIME JOB HUNT
| Graduating class seeking employment (1) | | 96% |
Graduates who: |
 | received their first job offer by graduation | 64% |
| received their first job offer within the first three months after graduation | 90% |
| were company sponsored, or already employed (2) | n/a |
| were continuing their education (after graduation) (3) | 2% |
| were starting a new business (4) | 4% |
| postponed their job search | 2% |
| did not seek employment for other reasons | n/a |
| |
| Number of companies that recruited second-year students on campus in past academic year | 246 |
(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. TD Bank Financial Group |
13 |
| 2. CIBC |
10 |
| 3. Scotiabank |
10 |
| 4. CIBC World Markets |
6 |
| 5. IBM |
5 |
| 6. TD Securities |
6 |
| 7. Royal Bank Financial Group |
6 |
| 8. PricewaterhouseCoopers |
6 |
| 9. KPMG |
6 |
| 10. Deloitte & Touche |
5 |
| 11. Ernst & Young |
5 |
| 12. General Mills |
4 |
| 13. Telus |
3 |
| 14. American Express |
3 |
| 15. Procter & Gamble |
3 |
Prospects for 2002 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2002
|
$53,000 |
Median starting-base salary (excluding bonuses) for the Class of 2002
|
$51,000 |
Average first-year signing bonus
|
$6,400 |
Median first-year signing bonus
|
$4,000 |
Job-accepting graduates who received a signing bonus
|
14% |
(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
|
$45,000 |
Median signing bonus
|
$2,000 |
Median other compensation
|
$10,000 |
Median MBA loans
|
$8,000 |
Average number of job offers at graduation
|
1.0 |
Average living expenses (not including tuition) over course of program
|
$22,098 |
Summer internship resulted in full-time employment
|
17% |
CAREER DIRECTIONS
Graduates accepting jobs in the following fields:
| Accounting/Auditing |
3% |
| Advertising/Public Relations |
1% |
| Arts, Entertainment, Publishing, and Media |
2% |
| Banking/Mortgage (Investment banking, etc.) |
15% |
| Biotechnology and Pharmaceutical |
2% |
| Community, Social Services, and Nonprofit/Volunteer |
1% |
| Consulting Services (management consulting, strategic planning, product management, etc.) |
13% |
| Education, Training, and Library |
1% |
| Engineering |
4% |
| Finance/Economics |
2% |
| Financial Services |
16% |
| Government and Policy |
1% |
| Human Resources |
1% |
| Information Technology |
5% |
| Insurance |
2% |
| Internet/E-Commerce/New Media |
3% |
| Legal |
4% |
| Manufacturing/Operations and Production |
10% |
| Marketing |
7% |
| Personal Care and Service |
1% |
| Real Estate |
2% |
| Sales |
4% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 3% |
| Central/South America, Mexico | 2% |
| Eastern Europe | 1% |
| Middle East | n/a |
North America
(Canada: 87% / U.S.: 13%) | 90% |
| Oceania | n/a |
| Western Europe | 4% |
Within North America:
| Canada | 87% |
| 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: 61
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Celestica |
4 |
| 2. Griffiths & McBurney |
4 |
| 3. Scotia Financial Group |
4 |
| 4. TD Financial Group |
4 |
| 5. CIBC |
4 |
| 6. KPMG |
3 |
| 7. CIBC World Markets |
3 |
| 8. Scotia Capital |
3 |
| 9. Imperial Oil/Exxon |
3 |
| 10. Goldman Sachs (Asia) |
2 |
| 11. Kraft |
2 |
| 12. General Mills |
2 |
| 13. Procter & Gamble |
2 |
| 14. American Express |
2 |
| 15. Manulife Financial |
2 |
Internship compensation:
| Paid internships |
98% |
| Average internship compensation |
$15,100 |
| Median internship compensation |
$14,700 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
New York (Wall Street)
|
Sept. |
No |
Orlando (International MBA Consortium)
|
Oct. |
Yes |
Phoenix (National Hispanic MBA)
|
Nov. |
Yes |
Chicago
|
n/a |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $2,300,000
Technology changes made over the past three years:
The school added on-line materials and software to support classes, including NewMindsets software, an integrated, interactive and self-directed learning tool; extended email services to alumni; extended network connectivity and renewed workstations; upgraded classroom technology, including network connectivity; added wireless connectivity for students in classroom area; and introduced course materials database which is integrated with Lotus Notes.
ALUMNI AFFAIRS
Alumni office offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.netdirectories.com/~ssb/
Current MBA students given access to alumni database? No
The B-school has awarded 13,232 MBA degrees since its founding. It has 12,962 living MBA alumni, and 22 MBA club(s) in 9 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. $20,000,000
Information found in this survey was provided on behalf of the B-school by Paul Pivato
|
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Copyright 2002 , by The McGraw-Hill Companies Inc. All rights reserved.
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