received their first job offer within the first three months after graduation
81%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
3%
postponed their job search
3%
did not seek employment for other reasons
1%
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
6
2. Wells Fargo
5
3. Samsung Group
5
4. McKinsey & Co
5
5. The Clorox Company
3
6. Leap Frog Enterprises
3
7. Gap
3
8. Microsoft
3
9. Deloitte Consulting
3
10. Bank of America
3
11. Hewlett-Packard
2
12. Intel Corporation
2
13. Fidelity Investments
2
14. Levi Strauss & Company
2
15. Apple
2
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$84,345
Median starting-base salary (excluding bonuses) for the Class of 2003
$85,000
Average first-year signing bonus
$13,755
Median first-year signing bonus
$11,000
Job-accepting graduates who received a signing bonus
55%
(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
$88,000
Median signing bonus
$15,000
Median other compensation
$25,000
Median MBA loans
$24,000
Average number of job offers at graduation
1.6
Average living expenses (not including tuition) over course of program
$54,213
Summer internship resulted in full-time employment
26%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
19%
Finance/Accounting
40%
General Management
12%
Human Resources
1%
Marketing/Sales
25%
Management Information Systems
1%
Operations/Logistics
1%
Other
1%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
10%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
6%
Middle East
0%
North America
(Canada: 1% / U.S.: 99%)
81%
Oceania
0%
Western Europe
3%
Graduates accepting jobs within North America:
Canada
1%
Mid-Atlantic U.S.
3%
Midwest U.S.
2%
Northeast U.S.
7%
South U.S.
2%
Southwest U.S.
3%
U.S. Possessions and territories
0%
West U.S.
82%
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. Wells Fargo Bank
6
2. Goldman Sachs
5
3. Deloitte Consulting
5
4. Roche Diagnostics
4
5. McKinsey & Co.
4
6. IBM
4
7. eBay/PayPal
4
8. Citigroup
4
9. Cisco Systems
4
10. Sun Microsystems
3
11. Levis Strauss & Company
3
12. Lehman Brothers
3
13. Hewlett-Packard
3
14. Chevron-Texaco Corporation
3
15. Autodesk
3
Internship compensation:
Paid internships
94%
Average internship compensation (per week)
$1,192
Median internship compensation (per week)
$1,300
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
Wall Street
Dec.
No
Miami
Mar.
No
Seattle
Feb.
No
Los Angeles
Nov.
No
Latin America
Jan.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $9,000,000
Technology changes made over the past three years:
Haas School of Business integrates technology throughout the curriculum and in the daily activities of students, faculty, staff, and alumni. As part of our emphasis on active collaboration, we continually engage our students, faculty, staff, alumni, and affiliates, in the research, development, evaluation, and deployment of new technologies and potential uses, as well as enabling the community to play a crucial role in refining the deployment and use of existing technologies and services. During the last three years, the school has achieved significant improvements to its technology infrastructure and services, and offered several new services.
Major recent successes have had a positive impact in making technology ubiquitous in the following areas: Technology and the Curriculum; Development/acquisition and deployment of instructional support tools, such as simulations, games, and interactive web-based applications; classroom technology improvements have included upgrading all classrooms; Technology and Research: The Haas School will soon deploy a new research lab to leverage Berkeley's unique strengths in the area of Behavioral and Experimental Economics; High-Availability Infrastructure Services: The Haas School has achieved system availability of 99.99%, as a result of significant investments in high-availability technologies; Remote Connectivity Services for Any-time, Any-where Access:
Students have remote access to applications and services any-time, any-where, remotely, through the use of Terminal Services, the Business Library Proxy Service, and WebMail;
Industry-leading applications and data services; Focus on Customer Service and Systems Improvements; Enhancements to web-based student services applications; and Communications and Collaboration Enhancements.
The Haas School redesigned its website, incorporating the use of dynamic content management and integration with the MyHaas Portal.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 13,227 MBA degrees since its founding. It has 12,798 living MBA alumni, and 63 MBA club(s) throughout 31 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. $100, and a mean gift of U.S. $526. 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. $112,076,154
ADDITIONAL SCHOOL COMMENTS
Alumni may also contact Marcy Porus-Gottlieb by email on marcy@haas.berkeley.edu.
Information found in this survey was provided on behalf of the B-school by Ute Frey
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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