received their first job offer within the first three months after graduation
92%
were company sponsored, or already employed (2)
5%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
1%
postponed their job search
4%
did not seek employment for other reasons
n/a
Companies that recruited second-year students on campus in past academic year
50
Companies that recruited second-year students via job boards in past academic year
3
(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. JM Huber
5
2. GE Capital
3
3. Medtronic
3
4. Novartis
2
5. Philip Morris
2
6. Inventages Venture Capital
2
7. Shell
1
8. Tetra Lavel
1
9. Nestle
1
10. Roche Vitamins
1
11. Procter and Gamble
1
12. Siemens Project Venture
1
13. Cable and Wireless
1
14. Cap Gemini Ernst & Young
1
15. IBM
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$98,000
Median starting-base salary (excluding bonuses) for the Class of 2003
$99,937
Average first-year signing bonus
$16,000
Median first-year signing bonus
n/a
Job-accepting graduates who received a signing bonus
64%
(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
$95,500
Median signing bonus
$15,000
Median other compensation
$25,000
Median MBA loans
$0
Average number of job offers at graduation
2.3
Average living expenses (not including tuition) over course of program
$36,359
Summer internship resulted in full-time employment
2%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
12%
Finance/Accounting
9%
General Management
31%
Human Resources
3%
Marketing/Sales
31%
Management Information Systems
1%
Operations/Logistics
8%
Other
5%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
9%
Eastern and Central Europe and Central Asia
n/a
Latin America and the Carribean
4%
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
21%
Oceania
n/a
Western Europe
66%
Graduates accepting jobs within North America:
Canada
n/a
Mid-Atlantic U.S.
n/a
Midwest U.S.
10%
Northeast U.S.
40%
South U.S.
30%
Southwest U.S.
n/a
U.S. Possessions and territories
n/a
West U.S.
20%
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: Yes
School's investment in technology over the past three years: $4,400,000
Technology changes made over the past three years:
The school has a bigger network, wireless internet access, AMX control, Siebel, and ERP. IMD increased its IT security, including Anti-Virus and Anti-Spam, a new server room, a new campus-wide high-speed network infrastructure and updated IT and audio-visual equipment in five auditoriums. The school also makes continuous investments in commom IT infrastructure (new PCs, servers and printers).
ALUMNI AFFAIRS
University offers placement services for MBA alumni? No
Current MBA students given access to alumni database? Yes
The B-school has awarded 2,371 MBA degrees since its founding. It has 2,283 living MBA alumni, and 43 MBA club(s) throughout 32 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, n/a of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. n/a, and a mean gift of U.S. n/a. 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. $13,833,000
ADDITIONAL SCHOOL COMMENTS
The IMD MBA is a ten month program that runs from January until November. Thus, there is no 'second-year' data, nor internships, and the recruiting statistics are based on 2002.
Information found in this survey was provided on behalf of the B-school by Suzanne Laurent