received their first job offer within the first three months after graduation
63%
were company sponsored, or already employed (2)
33%
were continuing their education (after graduation) (3)
17%
were starting a new business (4)
11%
postponed their job search
39%
did not seek employment for other reasons
0%
Companies that recruited second-year students on campus in past academic year
n/a
Companies that recruited second-year students via job boards 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. U.S. Department of Commerce
2
2. World Bank
1
3. Johnson & Johnson
1
4. IBM
1
5. Horizon Industries
1
6. American University
1
7. Advisory Board Company
1
8. Raytheon
1
9. Universal Music Group
1
10. First Washington Realty
1
11. Interior Systems, Inc.
1
12. NASDAQ
1
13. Chemonics International
1
14. Covdert Brothers
1
15. Evantis.com
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$62,403
Median starting-base salary (excluding bonuses) for the Class of 2003
$54,000
Average first-year signing bonus
$8,714
Median first-year signing bonus
$7,000
Job-accepting graduates who received a signing bonus
24%
(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
$50,000
Median signing bonus
$4,000
Median other compensation
$17,000
Median MBA loans
$22,000
Average number of job offers at graduation
1.0
Average living expenses (not including tuition) over course of program
$37,892
Summer internship resulted in full-time employment
14%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
12%
Finance/Accounting
27%
General Management
12%
Human Resources
3%
Marketing/Sales
30%
Management Information Systems
6%
Operations/Logistics
0%
Other
9%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
9%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
0%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
85%
Oceania
0%
Western Europe
6%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
74%
Midwest U.S.
4%
Northeast U.S.
4%
South U.S.
9%
Southwest U.S.
9%
U.S. Possessions and territories
0%
West U.S.
0%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: n/a
Companies that recruited first-year MBA interns via job boards during past academic year: n/a
Top 15 recruiting firms:
Firm
Interns Hired
1. International Finance Corp.
7
2. Intelsat
3
3. Riggs Bank
3
4. Art for People
3
5. World Bank
2
6. Legg Mason
2
7. Merrill Lynch
2
8. Morgan Stanley
2
9. U.S. Chamber of Commerce
2
10. Thompson Financial
2
11. Society of Competitive Intelligence Professionals
2
12. Fannie Mae
1
13. Johnson & Johnson
1
14. U.S. Department of State
1
15. Universal Music Group
1
Internship compensation:
Paid internships
n/a
Average internship compensation (per week)
n/a
Median internship compensation (per week)
n/a
Average internship length (weeks)
12
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
Corporate Site Visits - New York
Mar.
No
Black MBA Conference
Sept.
No
Global MBA Conference - Florida
Oct.
No
Career Quest Business Coalition - Washington, DC
Oct.
Yes
Hispanic MBA Conference - Florida
Nov.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $214,293
Technology changes made over the past three years:
Computers and other equipment upgraded and replaced. Entire campus is wireless.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 5,317 MBA degrees since its founding. It has 5,131 living MBA alumni, and 1 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 10% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $30, and a mean gift of U.S. $111. The school has not received a gift in excess of U.S. $10 million between Jan. 2001 and Oct. 2003, and the B-school endowment is U.S. $12,000,000
Information found in this survey was provided on behalf of the B-school by Ann Donahue
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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