received their first job offer within the first three months after graduation
31%
were company sponsored, or already employed (2)
5%
were continuing their education (after graduation) (3)
3%
were starting a new business (4)
2%
postponed their job search
1%
did not seek employment for other reasons
n/a
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. Scotia Bank
2
2. Pratt and Whitney Canada
2
3. National Bank of Canada
2
4. University of Quebec
2
5. Government of Canada
2
6. Bombardier
1
7. Hilti
1
8. IATA
1
9. IBM Canada
1
10. L'Oreal Canada
1
11. RBC Financial Group
1
12. Siemens Canada
1
13. SNC-Lavalin
1
14. Tecsult
1
15. University of Montreal
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$48,420
Median starting-base salary (excluding bonuses) for the Class of 2003
$44,750
Average first-year signing bonus
$4,475
Median first-year signing bonus
$4,475
Job-accepting graduates who received a signing bonus
3%
(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
$70,000
Median signing bonus
$6,500
Median other compensation
$13,500
Median MBA loans
$12,000
Average number of job offers at graduation
2.2
Average living expenses (not including tuition) over course of program
$28,830
Summer internship resulted in full-time employment
11%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
14%
Finance/Accounting
11%
General Management
15%
Human Resources
4%
Marketing/Sales
13%
Management Information Systems
n/a
Operations/Logistics
6%
Other
37%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
n/a
Eastern and Central Europe and Central Asia
n/a
Latin America and the Carribean
n/a
Middle East
n/a
North America
(Canada: 100% / U.S.: 0)
96%
Oceania
n/a
Western Europe
4%
Graduates accepting jobs within North America:
Canada
100%
Mid-Atlantic U.S.
n/a
Midwest U.S.
n/a
Northeast U.S.
n/a
South U.S.
n/a
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: n/a
Companies that recruited first-year MBA interns via job boards during past academic year: n/a
Top 15 recruiting firms:
n/a
Internship compensation:
Paid internships
n/a
Average internship compensation (per week)
n/a
Median internship compensation (per week)
n/a
Average internship length (weeks)
n/a
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
n/a
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $10
Technology changes made over the past three years:
The school has introduced Web based self-services for students (such as registration, publication of grades and transcripts, personalized on-line agenda, access to on-line syllabuses. It has also implemented ERP in HR + Payroll, Finance, and Student Administration. The school has also upgraded its network, and has fully switched to a Gigabit Network (8000 nodes).
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? No
The B-school has awarded 4,649 MBA degrees since its founding. It has n/a living MBA alumni, and 5 MBA club(s) throughout 2 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 16% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $36, and a mean gift of U.S. $100. 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. $703
ADDITIONAL SCHOOL COMMENTS
The MBA Program is a one-year program, starting in August.
HEC Montreal is the first North-American B-School to boast the triple quality benchmark: AACSB International (2003)- AMBA (U.K.) (2002) and EQUIS (EFMD)(1999).
Information found in this survey was provided on behalf of the B-school by Kathleen Grant
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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