received their first job offer within the first three months after graduation
85%
were company sponsored, or already employed (2)
1%
were continuing their education (after graduation) (3)
2%
were starting a new business (4)
14%
postponed their job search
7%
did not seek employment for other reasons
0%
Companies that recruited second-year students on campus in past academic year
116
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. Fidelity
6
2. EMC
4
3. Ernst & Young
4
4. Booz Allen Hamilton
3
5. The Gillette Company
3
6. Boston Scientific
2
7. LanChile
2
8. PricewaterhouseCoopers
2
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$69,300
Median starting-base salary (excluding bonuses) for the Class of 2003
$70,000
Average first-year signing bonus
$9,200
Median first-year signing bonus
$10,000
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
$75,000
Median signing bonus
$5,000
Median other compensation
$17,000
Median MBA loans
$30,000
Average number of job offers at graduation
1.0
Average living expenses (not including tuition) over course of program
$47,420
Summer internship resulted in full-time employment
19%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
21%
Finance/Accounting
29%
General Management
8%
Human Resources
0%
Marketing/Sales
40%
Management Information Systems
0%
Operations/Logistics
0%
Other
2%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
4%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
5%
Middle East
2%
North America
(Canada: 1% / U.S.: 99%)
88%
Oceania
0%
Western Europe
1%
Graduates accepting jobs within North America:
Canada
1%
Mid-Atlantic U.S.
6%
Midwest U.S.
0%
Northeast U.S.
75%
South U.S.
5%
Southwest U.S.
0%
U.S. Possessions and territories
n/a
West U.S.
1%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 143
Companies that recruited first-year MBA interns via job boards during past academic year: n/a
Top 15 recruiting firms:
Firm
Interns Hired
1. Fidelity Investments
11
2. Irving Oil Limited/Irving Oil Corp
9
3. Accenture
3
4. Babson College
2
5. Booz Allen Hamilton
2
6. Bose Corporation
2
7. HP Hood
2
8. James Lam & Associates
2
9. Philips Electronics N.V.
2
10. The Procter & Gamble Company
2
Internship compensation:
Paid internships
79%
Average internship compensation (per week)
$959
Median internship compensation (per week)
$1,000
Average internship length (weeks)
10
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
International MBA Employment Conference - Orlando
Nov.
No
NS of Hispanic MBA Employment Conf - San Antonio
Nov.
No
New York city Employer site visits
Mar.
Yes
Various trips to local employers throughout year
n/a
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $1,486,000
Technology changes made over the past three years:
The upgraded technology infrastructure includes: 5x faster Internet connection; expanded wireless connectivity on campus; an upgraded campus network hardware to increase speed; the replacement of all public access (as well as faculty and staff) desktop computers. The upgraded classroom technology and instructional support services includes: 100% multi-media classrooms equipped with computer, video projection, and network access; upgraded classroom virtual networking; the re-organization of curriculum support for faculty; the replacement of home-built course management system with Blackboard; increased usage of and integrated library research support with Blackboard; and the development of new IT and Library Web sites to support faculty and student services and research.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 13,255 MBA degrees since its founding. It has 12,967 living MBA alumni, and 62 MBA club(s) throughout 31 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 20% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $50, and a mean gift of U.S. $795. 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. $151,300,000
Information found in this survey was provided on behalf of the B-school by Jon Kerbs
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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