received their first job offer within the first three months after graduation
57%
were company sponsored, or already employed (2)
12%
were continuing their education (after graduation) (3)
5%
were starting a new business (4)
5%
postponed their job search
n/a
did not seek employment for other reasons
n/a
Companies that recruited second-year students on campus in past academic year
38
Companies that recruited second-year students via job boards in past academic year
134
(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. Bank of New York
3
2. Lehman Brothers
2
3. Dannon Company, Inc
1
4. Deloitte & Touche
1
5. Deutsche Bank
1
6. Ernst & Young
1
7. Goldman Sachs
1
8. Johnson & Johnson Medical Devices
1
9. JPMorganChase
1
10. L'Oreal USA
1
11. Merck & Company, Inc.
1
12. Neuberger Berman
1
13. PricewaterhouseCoopers, LLP
1
14. Prudential Securities
1
15. Reckitt Benckiser
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$70,453
Median starting-base salary (excluding bonuses) for the Class of 2003
$70,500
Average first-year signing bonus
$12,025
Median first-year signing bonus
$14,500
Job-accepting graduates who received a signing bonus
21%
(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
$74,000
Median signing bonus
$5,000
Median other compensation
$50,000
Median MBA loans
$20,000
Average number of job offers at graduation
0.8
Average living expenses (not including tuition) over course of program
$41,137
Summer internship resulted in full-time employment
10%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
3%
Finance/Accounting
46%
General Management
8%
Human Resources
n/a
Marketing/Sales
28%
Management Information Systems
8%
Operations/Logistics
3%
Other
4%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
3%
Eastern and Central Europe and Central Asia
n/a
Latin America and the Carribean
3%
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
94%
Oceania
n/a
Western Europe
n/a
Graduates accepting jobs within North America:
Canada
n/a
Mid-Atlantic U.S.
3%
Midwest U.S.
n/a
Northeast U.S.
94%
South U.S.
3%
Southwest U.S.
n/a
U.S. Possessions and territories
n/a
West U.S.
n/a
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 46
Companies that recruited first-year MBA interns via job boards during past academic year: 73
Top 15 recruiting firms:
Firm
Interns Hired
1. JPMorganChase
4
2. Mercedes-Benz
3
3. Bank of New York
2
4. BMG
2
5. CBS
2
6. Ernst & Young
2
7. Forest Labs
2
8. Merck
2
9. Reckitt Benckiser
2
10. Sony
2
11. Citigroup
1
12. Dannon
1
13. Commerzbank
1
14. L'Oreal
1
15. Salomon Smith Barney
1
Internship compensation:
Paid internships
74%
Average internship compensation (per week)
$1,250
Median internship compensation (per week)
n/a
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 Student Job Fair 2002
n/a
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $700,000
Technology changes made over the past three years:
Over the past three years, many improvements have been made in the Graduate School of Business and they are as follows: (1) The school is creating a wireless network for its faculty and students (2) and Technological Classrooms. (3) The school now provides many faculty with portable computing capabilities: Laptops with integrated wireless cards for use on wireless network (4) and has introduced Web-based research applications for faculty and students. (5) The school is upgrading its computer labs (6) and updating all faculty, administrator and staff computers. (7) The school has created a student Intranet (8) and has improved Web-based advising via the Intranet and website.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Alumni networking Web site: n/a
Current MBA students given access to alumni database? Yes
The B-school has awarded 12,402 MBA degrees since its founding. It has 11,789 living MBA alumni, and 1 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 7% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $72, and a mean gift of U.S. $386. 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
Information found in this survey was provided on behalf of the B-school by Rosanne Conte
=Subscribers Only
Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
MBA Insider
