THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 76% |
Graduates who: |
 | received their first job offer by graduation | 39% |
| 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
Alumni networking Web site:
http://www.alumniconnections.com/olc/pub/AMU/
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, Bloomberg L.P.
