received their first job offer within the first three months after graduation
93%
were company sponsored, or already employed (2)
25%
were continuing their education (after graduation) (3)
25%
were starting a new business (4)
0%
postponed their job search
38%
did not seek employment for other reasons
12%
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. Honeywell
8
2. Intel; ChevronTexaco
4
3. Raytheon; Northrop Grumman; Arizona State University
3
4. Phelps Dodge; Sprint; Agilent Technologies; IBM; Ford Motor Co.; ProNet Solutions; Anheuser-Busch; GE Capital; The Hartford; Central Hockey League
2
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$68,594
Median starting-base salary (excluding bonuses) for the Class of 2003
$70,000
Average first-year signing bonus
$8,844
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
42%
(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
$75,000
Median signing bonus
$7,500
Median other compensation
$13,000
Median MBA loans
$25,000
Average number of job offers at graduation
1.1
Average living expenses (not including tuition) over course of program
$33,388
Summer internship resulted in full-time employment
27%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
7%
Finance/Accounting
16%
General Management
5%
Human Resources
0%
Marketing/Sales
24%
Management Information Systems
9%
Operations/Logistics
35%
Other
4%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
1%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
2%
Middle East
0%
North America
(Canada: n/a / U.S.: n/a )
97%
Oceania
0%
Western Europe
0%
Graduates accepting jobs within North America:
Canada
n/a
Mid-Atlantic U.S.
2%
Midwest U.S.
12%
Northeast U.S.
7%
South U.S.
6%
Southwest U.S.
47%
U.S. Possessions and territories
n/a
West U.S.
26%
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. Arizona State University
8
2. Intel; Honeywell
7
3. Cisco Systems
5
4. Cox Communications; Hewlett-Packard
4
5. ProNet Solutions; Raytheon
3
6. Bank One; Deloitte Consulting; Ford Motor Co.; IBM; Miller Brewing; NASD; PETsMART; Planar Systems; Sonoco; United Healthcare
2
Internship compensation:
Paid internships
97%
Average internship compensation (per week)
$878
Median internship compensation (per week)
$1,000
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
Austin/Houston, TX
Feb.
Yes
New York, NY
Nov.
Yes
San Francisco, CA
Mar.
Yes
San Francisco, CA
Oct.
Yes
NSHMBA conference
Nov.
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $9,894,900
Technology changes made over the past three years:
The W. P. Carey School has introduced a wireless technology infrastructure that enables students to access the school network from anywhere at the business complex for functions such as e-mail via the Internet. Another form of remote connectivity called Citrix Thin Client, allows students wireless access and home access to more complex server-based business software applications enhancing educational and computing capabilities.
Approximately 170 new personal computers (PCs) have been added to all the classrooms and labs. More than 150 new laptop computers were purchased for the undergraduate and MBA programs for classroom instruction. Additionally more than 200 faculty and staff received a new personal computers.
New technology and educational staff members joined the business school to develop online MBA curriculum materials.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 8,966 MBA degrees since its founding. It has 8,963 living MBA alumni, and 5 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 8% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $75, and a mean gift of U.S. $187. 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. $43,736,000
Information found in this survey was provided on behalf of the B-school by Jeremy Fountain
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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