received their first job offer within the first three months after graduation
63%
were company sponsored, or already employed (2)
0%
were continuing their education (after graduation) (3)
45%
were starting a new business (4)
22%
postponed their job search
11%
did not seek employment for other reasons
22%
Companies that recruited second-year students on campus in past academic year
14
Companies that recruited second-year students via job boards in past academic year
50
(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. Hartford Financial Services
3
2. Aetna
2
3. Cartesis
1
4. Rogers Corporation
1
5. CIGNA
1
6. MetLife
1
7. Hasbro
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$80,142
Median starting-base salary (excluding bonuses) for the Class of 2003
$84,000
Average first-year signing bonus
$12,083
Median first-year signing bonus
$15,000
Job-accepting graduates who received a signing bonus
40%
(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
$65,000
Median signing bonus
$8,000
Median other compensation
$10,000
Median MBA loans
$0
Average number of job offers at graduation
0.9
Average living expenses (not including tuition) over course of program
$23,533
Summer internship resulted in full-time employment
21%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
18%
Finance/Accounting
53%
General Management
0%
Human Resources
0%
Marketing/Sales
17%
Management Information Systems
12%
Operations/Logistics
n/a
Other
n/a
Graduates accepting jobs in the following regions:
Africa
0%
Asia
6%
Eastern and Central Europe and Central Asia
6%
Latin America and the Carribean
0%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
88%
Oceania
0%
Western Europe
0%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
0%
Midwest U.S.
18%
Northeast U.S.
82%
South U.S.
0%
Southwest U.S.
0%
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: 8
Companies that recruited first-year MBA interns via job boards during past academic year: 20
Top 15 recruiting firms:
Firm
Interns Hired
1. General Electric
15
2. United Technologies
2
3. IBM
2
4. CIGNA
1
5. Travelers
1
6. Wachovia Securities
1
7. Hartford Financial Services
1
8. A.C. Nielsen
1
9. Hanover Direct
1
10. Gerber Technologies
1
11. Manulife Financial
1
12. DataVault
1
13. Anthem Blue Cross-Blue Shield
1
Internship compensation:
Paid internships
100%
Average internship compensation (per week)
$1,150
Median internship compensation (per week)
$1,200
Average internship length (weeks)
11
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
n/a
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $4,100,000
Technology changes made over the past three years:
Undergraduate laptop initiative; classroom network control system; 13 high-tech classrooms; Server farm
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 20,504 MBA degrees since its founding. It has 10,810 living MBA alumni, and 6 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 16% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $1,000, and a mean gift of U.S. $1,250. 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. $19,180,000
ADDITIONAL SCHOOL COMMENTS
The school says that the UConn MBA Program makes a simple but critical promise to its students - an uncompromising educational environment leveraged by experiential learning. The school supports this promise with the latest in curriculum and teaching pedagogy, and with innovative learning accelerators. These unparalleled initiatives - including edgelab (a business solution laboratory in partnership with General Electric), the first-year MBA Integration Project, and the school's $1 million Student Managed Fund - ensure that UConn students close the gap between theory and practice. That's what sets UConn MBA's apart from others. The school says it delivers the next generation of leadership to its corporate partners who can get the job done and add value to their organization from day one.
The UConn School of Business says its an innovator in curriculum design, development, and execution. The school occupies a state-of-the-art research and learning facility with a dynamic network and technological infrastructure that supports the development of new knowledge and its application in the classroom.
UConn MBA's have a devotion to the highest standards of integrity, teamwork, mutual respect, and personal responsibility. They possess an appetite for hard work, and they understand that excellence is not a skill, it's an attitude. By pursuing a UConn MBA, they are making a solid investment in their future career.
Information found in this survey was provided on behalf of the B-school by Laine Kingo
=Subscribers Only
Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
MBA Insider
