THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 80% |
Graduates who: |
 | received their first job offer by graduation | 56% |
| received their first job offer within the first three months after graduation | 21% |
| were company sponsored, or already employed (2) | 10% |
| were continuing their education (after graduation) (3) | 4% |
| were starting a new business (4) | 6% |
| 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 | 40 |
| 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. IBM |
3 |
| 2. Aetna |
2 |
| 3. Fannie Mae |
2 |
| 4. KPMG |
2 |
| 5. NASA |
2 |
| 6. PriceWaterhouseCoopers |
2 |
| 7. The Advisory Board Co. |
1 |
| 8. Citibank |
1 |
| 9. Eaton |
1 |
| 10. Epylon |
1 |
| 11. Intel |
1 |
| 12. NJR Energy Services |
1 |
| 13. Reynolds & Reynolds |
1 |
| 14. U.S. Airways |
1 |
| 15. United Technologies |
1 |
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
|
$68,823 |
Median starting-base salary (excluding bonuses) for the Class of 2003
|
$70,000 |
Average first-year signing bonus
|
$9,500 |
Median first-year signing bonus
|
$10,000 |
Job-accepting graduates who received a signing bonus
|
30% |
(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
| Consulting | 3% |
| Finance/Accounting | 47% |
| General Management | 0% |
| Human Resources | 3% |
| Marketing/Sales | 10% |
| Management Information Systems | 0% |
| Operations/Logistics | 30% |
| Other | 7% |
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: 0% / U.S.: 100%) | 100% |
| Oceania | n/a |
| Western Europe | n/a |
Graduates accepting jobs within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 52% |
| Midwest U.S. | 12% |
| Northeast U.S. | 20% |
| South U.S. | 4% |
| Southwest U.S. | 8% |
| U.S. Possessions and territories | 0% |
| West U.S. | 4% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 55
Companies that recruited first-year MBA interns via job boards during past academic year: n/a
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Dell |
2 |
| 2. IBM |
2 |
| 3. United Technologies |
2 |
| 4. Citigroup, Inc |
1 |
| 5. Eaton-Cutler Hammer |
1 |
| 6. E.P.A. |
1 |
| 7. GE Financial |
1 |
| 8. General Motors |
1 |
| 9. Hallmark |
1 |
| 10. Intel |
1 |
| 11. Kauffman Foundation |
4 |
| 12. Lucent Technologies |
1 |
| 13. Mills Corporation |
1 |
| 14. Riggs Bank |
1 |
| 15. United States International Trade Commission |
1 |
Internship compensation:
| Paid internships |
93% |
| Average internship compensation (per week) |
$1,074 |
| Median internship compensation (per week) |
$1,280 |
| 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 |
NBMBAA Conference - various cities in USA
|
Sept. |
No |
Wall Street - New York, NY
|
Sept. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $800,000
Technology changes made over the past three years:
The school has installed a wireless network and surveillance system. It has also invested in new lab equipment, computer servers, digital display equipment, video conferencing equipment, and Smartcarts (Projector, Computer, VCR).
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.bschool.howard.edu/alumni
Current MBA students given access to alumni database? No
The B-school has awarded 1,062 MBA degrees since its founding. It has 1,058 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, 17% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $200, and a mean gift of U.S. $1,000. 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. $4,812,078
Information found in this survey was provided on behalf of the B-school by Verna Supel
|
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Copyright 2003, Bloomberg L.P.
