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:
| Firm | Graduates 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:
| Firm | Interns 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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Copyright 2003, Bloomberg L.P.
