received their first job offer within the first three months after graduation
80%
were company sponsored, or already employed (2)
2%
were continuing their education (after graduation) (3)
n/a
were starting a new business (4)
3%
postponed their job search
2%
did not seek employment for other reasons
n/a
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 & Johnson
4
2. General Electric
4
3. Bangkok Bank
2
4. Cargill
2
5. GlaxoSmithKline plc
2
6. Hilti Corporation
2
7. Shell/Royal Dutch Shell
2
8. ABN-AMRO Bank
1
9. Bain & Company
1
10. Deutsche Bank
1
11. Ford (Europe)
1
12. L'Oreal
1
13. ING Bank
1
14. McKinsey & Company
1
15. Vanenburg/Cordys Information Systems
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$70,000
Median starting-base salary (excluding bonuses) for the Class of 2003
$68,000
Average first-year signing bonus
$15,000
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
27%
(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
$64,000
Median signing bonus
$15,000
Median other compensation
$15,000
Median MBA loans
$0
Average number of job offers at graduation
2.9
Average living expenses (not including tuition) over course of program
$29,030
Summer internship resulted in full-time employment
20%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
19%
Finance/Accounting
11%
General Management
16%
Human Resources
2%
Marketing/Sales
39%
Management Information Systems
3%
Operations/Logistics
5%
Other
5%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
17%
Eastern and Central Europe and Central Asia
10%
Latin America and the Carribean
5%
Middle East
2%
North America
(Canada: 1% / U.S.: 99%)
11%
Oceania
0%
Western Europe
55%
Graduates accepting jobs within North America:
Canada
1%
Mid-Atlantic U.S.
n/a
Midwest U.S.
1%
Northeast U.S.
7%
South U.S.
n/a
Southwest U.S.
n/a
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:
Firm
Interns Hired
1. Vanenburg/Cordys Information Systems
18
2. Siemens
5
3. ABN-AMRO Bank
4
4. ING Group
4
5. Liver Doc.com
4
6. Unilever
4
7. Bank of New York
3
8. Brooklyn Bridge Triple Bottom Line Investing
3
9. General Electric
3
10. ITpreneurs
3
11. Johnson & Johnson
3
12. Roland Berger Strategy Consultants
3
13. Citigroup
2
14. Heineken
2
15. Shell/Royal Dutch Shell
2
Internship compensation:
Paid internships
98%
Average internship compensation (per week)
$1,000
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
Carriere Beurs: Amsterdam Job Fair
Feb.
No
MBACareerForum@Europe online event
May
Yes
Euromanagers, Brussels
May
No
City London Trek, London Banks
Sept.
No
MBACareerForum@Europe online event
Oct.
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $850,000
Technology changes made over the past three years:
Blackboard elearning, Portal, HelpDesk Software, Wireless Networking, CRM system, Financial Administration System, Trading Room Platform
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded n/a MBA degrees since its founding. It has 3,250 living MBA alumni, and 21 MBA club(s) throughout 18 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 15% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. n/a, and a mean gift of U.S. $100. 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. n/a
ADDITIONAL SCHOOL COMMENTS
Following the recommendation from the Career Services Council, RSM has left out the answers for questions about the number of on-campus recruiters for internships and second year MBAs.
Information found in this survey was provided on behalf of the B-school by Connie Tai
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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