received their first job offer within the first three months after graduation
77%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
6%
were starting a new business (4)
1%
postponed their job search
5%
did not seek employment for other reasons
2%
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. Johnson and Johnson
3
2. Cleveland Clinic Foundation
2
3. American Greetings
2
4. Eaton
2
5. Honeywell
2
6. Progressive
2
7. Samsung
2
8. Ohio Savings Bank
2
9. Battelle Memorial
2
10. Duke Energy
1
11. Emerson
1
12. Fisher Scientific
1
13. Steris
1
14. John Deere Credit
1
15. Atlas Air
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$60,200
Median starting-base salary (excluding bonuses) for the Class of 2003
$60,000
Average first-year signing bonus
$8,933
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
33%
(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
$70,000
Median signing bonus
$10,000
Median other compensation
$37,000
Median MBA loans
$30,500
Average number of job offers at graduation
1.5
Average living expenses (not including tuition) over course of program
$32,359
Summer internship resulted in full-time employment
18%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
11%
Finance/Accounting
32%
General Management
10%
Human Resources
n/a
Marketing/Sales
28%
Management Information Systems
4%
Operations/Logistics
5%
Other
10%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
11%
Eastern and Central Europe and Central Asia
3%
Latin America and the Carribean
n/a
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
86%
Oceania
n/a
Western Europe
n/a
Graduates accepting jobs within North America:
Canada
n/a
Mid-Atlantic U.S.
3%
Midwest U.S.
70%
Northeast U.S.
3%
South U.S.
3%
Southwest U.S.
3%
U.S. Possessions and territories
n/a
West U.S.
3%
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. General Electric
12
2. American Greetings
5
3. The Cleveland Clinic Foundation
3
4. Case Western Reserve University - Regional Economic Issues
3
5. Lubrizol
2
6. National City Corporation
2
7. CitiCorp
2
8. Valuemetrics
1
9. Kirtland Capital
1
10. AG Edwards
1
11. Ernst and Young
1
12. Hewlett Packard
1
13. Deloitte and Touche, LLP
1
14. KeyCorp
1
15. ALCOA
1
Internship compensation:
Paid internships
84%
Average internship compensation (per week)
$746
Median internship compensation (per week)
$750
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
NSHMBA Annual Conference and Career Expo, Phoenix
Nov.
No
BMBASA Annual Conference and Career Expo, Orlando
Oct.
Yes
National MBA Source, Houston
Oct.
No
International MBA Career Expo
Oct.
No
New York Trek, New York
Dec.
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $5,189,481
Technology changes made over the past three years:
The school completed its transition to wireless computing throughout the building, equipped three more classrooms for distance teleconferencing, and purchased additional A/V equipment, including plasma bulletin boards and document handlers around the building. The school also hired four new staff members in the A/V and IT areas.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 8,088 MBA degrees since its founding. It has 7,875 living MBA alumni, and 5 MBA club(s) throughout 2 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 27% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $80, and a mean gift of U.S. $255. 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. $77,500,000
Information found in this survey was provided on behalf of the B-school by Amanda Nicol