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2003 FULL-TIME MBA PROFILE
University at Buffalo
School of Management

Sections: Getting In | Academics & Lifestyle |  Career & Alumni Affairs  | Graduate Comments


Address: 206 Jacobs Management Center
Buffalo, NY 14260
E-Mail: som-mba@buffalo.edu
Web site: http://mgt.buffalo.edu
Directions to school


THE FULL-TIME JOB HUNT

2003 graduates seeking employment (1)   84%

Graduates who:
received their first job offer by graduation 43%
received their first job offer within the first three months after graduation 56%
were company sponsored, or already employed (2) 1%
were continuing their education (after graduation) (3) 3%
were starting a new business (4) 1%
postponed their job search 7%
did not seek employment for other reasons 4%
 
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:
FirmGraduates Hired
1. M & T Bank 13
2. Aldi Inc. 2
3. Citigroup 2
4. Delphi Harrison Thermal Systems 2
5. Turner Construction 2
6. Washington Mutual 2
7. Cliffstar Corporation 2
8. Deloitte & Touche 1
9. Eli Lilly 1
10. Lockheed Martin 1
11. Morgan Stanley 1
12. PricewaterhouseCoopers 1
13. Mentholatum Co. 1
14. Trane 1
15. International Monetary Fund 1

Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003

$51,135
Median starting-base salary (excluding bonuses) for the Class of 2003

$52,000
Average first-year signing bonus

$5,837
Median first-year signing bonus

$3,000
Job-accepting graduates who received a signing bonus

19%

(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

$41,000
Median signing bonus

$5,000
Median other compensation

$25,000
Median MBA loans

$3,500
Average number of job offers at graduation

1.0
Average living expenses (not including tuition) over course of program

$24,711
Summer internship resulted in full-time employment

18%


CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 4%
Finance/Accounting 31%
General Management 7%
Human Resources 2%
Marketing/Sales 23%
Management Information Systems 14%
Operations/Logistics 14%
Other 5%

Graduates accepting jobs in the following regions:
Africa n/a
Asia 5%
Eastern and Central Europe and Central Asia 2%
Latin America and the Carribean n/a
Middle East n/a
North America
 (Canada: n/a / U.S.: n/a  )
n/a
Oceania n/a
Western Europe n/a

Graduates accepting jobs within North America:
Canada n/a
Mid-Atlantic U.S. 2%
Midwest U.S. 4%
Northeast U.S. 80%
South U.S. n/a
Southwest U.S. 5%
U.S. Possessions and territories n/a
West U.S. 2%


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:
n/a

Internship compensation:
Paid internships n/a
Average internship compensation (per week) n/a
Median internship compensation (per week) n/a
Average internship length (weeks) n/a


B-SCHOOL SERVICES

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Paid for by B-School
Network Event in New York City

Jan. No
International Fair in Orlando, Fl

Oct. No


TECHNOLOGY

Wireless network in main buildings: Yes

School's investment in technology over the past three years: $300,000

Technology changes made over the past three years:
New administrative and web servers, two new lab servers, 16 work stations, color laser printer, high speed and duplexing laser, improved wiring in lab, wireless access on two floors of mgt school bldg, new tech classroom, four tech lassrooms upgraded, portable PC & projector setup for student & faculty use, TV monitors at building entrances for information broadcastig, data ports added for student network/internet access.


ALUMNI AFFAIRS

University offers placement services for MBA alumni? Yes

Alumni networking Web site:
http://www.mgt.buffalo.edu/alumni/

Current MBA students given access to alumni database? Yes

The B-school has awarded 8,040 MBA degrees since its founding. It has 6,750 living MBA alumni, and 0 MBA club(s) n/a countries, 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. $50, and a mean gift of U.S. $260. 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. $11,254,000

Information found in this survey was provided on behalf of the B-school by David Frasier


 
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