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2003 FULL-TIME MBA PROFILE
Fordham University
Fordham Business

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


Address: 113 West 60th Street
New York, NY 10023
E-Mail: n/a
Web site: n/a


THE FULL-TIME JOB HUNT

2003 graduates seeking employment (1)   78%

Graduates who:
received their first job offer by graduation 52%
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:
FirmGraduates 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:
FirmInterns 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


 
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