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2003 FULL-TIME MBA PROFILE
The George Washington University
School of Business and Public Management

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


Address: 710 21st Street, NW
Suite 301
Washington, DC, DC 20052
E-Mail: mbaft@gwu.edu
Web site: http://www.mba.gwu.edu
Directions to school


THE FULL-TIME JOB HUNT

2003 graduates seeking employment (1)   74%

Graduates who:
received their first job offer by graduation 43%
received their first job offer within the first three months after graduation 68%
were company sponsored, or already employed (2) 40%
were continuing their education (after graduation) (3) 15%
were starting a new business (4) 19%
postponed their job search 15%
did not seek employment for other reasons 11%
 
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:
FirmGraduates Hired
1. Bearing Point 4
2. The World Bank; BB&T; National Committee for Quality Assurance 2
3. Booz Allen Hamilton 1
4. Johnson & Johnson 1
5. Accenture 1
6. AC Nielsen 1
7. Goodyear 1
8. AOL Time Warner 1
9. Advisory Board Company 1
10. Environmental Protection Agency 1
11. Department of Defense 1
12. Axiom Systems 1
13. Reuters Software 1
14. ECG Management Consultants 1
15. Department of Homeland Security 1

Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003

$57,000
Median starting-base salary (excluding bonuses) for the Class of 2003

$55,000
Average first-year signing bonus

$8,300
Median first-year signing bonus

$5,000
Job-accepting graduates who received a signing bonus

19%

(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

$60,000
Median signing bonus

$5,000
Median other compensation

$15,000
Median MBA loans

$22,500
Average number of job offers at graduation

1.1
Average living expenses (not including tuition) over course of program

$57,250
Summer internship resulted in full-time employment

28%


CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 25%
Finance/Accounting 28%
General Management 13%
Human Resources 4%
Marketing/Sales 11%
Management Information Systems 5%
Operations/Logistics 7%
Other 7%

Graduates accepting jobs in the following regions:
Africa 0%
Asia 6%
Eastern and Central Europe and Central Asia 0%
Latin America and the Carribean 4%
Middle East 0%
North America
 (Canada: 0% / U.S.: 100%)
90%
Oceania 0%
Western Europe 0%

Graduates accepting jobs within North America:
Canada 0%
Mid-Atlantic U.S. 82%
Midwest U.S. 2%
Northeast U.S. 8%
South U.S. 8%
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: n/a

Companies that recruited first-year MBA interns via job boards during past academic year: n/a

Top 15 recruiting firms:
FirmInterns Hired
1. U.S. Air Force, Office of General Council on Ethics 5
2. World Bank 3
3. Friedman, Billings, & Ramsey 2
4. Ernst & Young 2
5. U.S. Department of Agriculture 2
6. Intelsat 3
7. National Public Radio 2
8. U.S. Chamber of Commerce 2
9. Estee Lauder 1
10. Deutsche Post 1
11. Credit Suisse First Boston 1
12. AOL Time Warner 1
13. U.S. Export/Import Bank 1
14. Siemens Business Solutions 1
15. Inter-American Development Bank 1

Internship compensation:
Paid internships 77%
Average internship compensation (per week) $725
Median internship compensation (per week) n/a
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
New York City

Oct. No


TECHNOLOGY

Wireless network in main buildings: Yes

School's investment in technology over the past three years: $739,745

Technology changes made over the past three years:
The school replaces computers for one-third of its faculty each year. There is a wireless network in MBA caserooms. The school has updated its financial markets lab (computers and software), and added new video projectors and laptops for audio-visual office. Computer labs are updated every three years.


ALUMNI AFFAIRS

University offers placement services for MBA alumni? Yes

Alumni networking Web site:
n/a

Current MBA students given access to alumni database? No

The B-school has awarded 15,894 MBA degrees since its founding. It has n/a living MBA alumni, and n/a MBA club(s) n/a countries, where B-school alums can participate in school activities and alumni events.

During the past 12 months, 9% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $50, and a mean gift of U.S. $823. 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. $32,293,510


ADDITIONAL SCHOOL COMMENTS

The school reports that 38% of the MBA class went to Government or Non-Profit positions, which is reflected in a lower salary.

Information found in this survey was provided on behalf of the B-school by Kathleen Rogan


 
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