received their first job offer within the first three months after graduation
77%
were company sponsored, or already employed (2)
1%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
1%
postponed their job search
3%
did not seek employment for other reasons
7%
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. Eli Lilly
6
2. Johnson & Johnson
6
3. Guidant Corp
6
4. Galyan's
4
5. Citibank
4
6. Brown & Williamson Tobacco
4
7. Alcan, Inc
4
8. Albertson's
4
9. Toyota Motor Sales
3
10. Samsung Electronics
3
11. Sabre, Inc
3
12. Procter & Gamble
3
13. General Mills, Inc
3
14. General Electric Co
3
15. Bristol-Myers Squibb/Mead Johnson Nutritionals
3
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$74,050
Median starting-base salary (excluding bonuses) for the Class of 2003
$78,000
Average first-year signing bonus
$11,956
Median first-year signing bonus
$10,500
Job-accepting graduates who received a signing bonus
67%
(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
$80,000
Median signing bonus
$15,000
Median other compensation
$10,000
Median MBA loans
$36,000
Average number of job offers at graduation
1.2
Average living expenses (not including tuition) over course of program
$34,679
Summer internship resulted in full-time employment
39%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
8%
Finance/Accounting
38%
General Management
9%
Human Resources
2%
Marketing/Sales
38%
Management Information Systems
1%
Operations/Logistics
4%
Other
0%
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
n/a
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
n/a
Oceania
n/a
Western Europe
n/a
Graduates accepting jobs within North America:
Canada
n/a
Mid-Atlantic U.S.
3%
Midwest U.S.
55%
Northeast U.S.
8%
South U.S.
10%
Southwest U.S.
6%
U.S. Possessions and territories
1%
West U.S.
8%
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. Bristol-Myers Squibb/Mead Johnson Nutritionals
7
2. Daimler-Chrysler
6
3. Brown & Williamson Tobacco
6
4. Sabre, Inc
5
5. Hewlett-Packard Co
4
6. General Electric Co
4
7. Ford Motor Co
4
8. SC Johnson
3
9. Eli Lilly
3
10. Kraft Foods
3
11. A.T. Kearney
3
12. Johnson & Johnson
3
13. Cummins, Inc
3
14. Brown-Forman
3
Internship compensation:
Paid internships
96%
Average internship compensation (per week)
$1,127
Median internship compensation (per week)
$1,250
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
Sports & Entertainment Academy Trip, NY
Jan.
No
Investment Mgmt & Investment Banking Academy, NY
Nov.
No
International Job Fair, Orlando, FL
Oct.
Yes
MBA Consortium Job Fair, Los Angeles
Feb.
Yes
Health Care/Life Sciences Academy Field Trips
Oct.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,000,000
Technology changes made over the past three years:
additional financial database resources made available to faculty and students
critical production servers moved to a clustered server environment with 1.2 terabytes of storage (SAN)
new building with a full range of technology available in all classrooms; 3x high-tech IS labs for hands-on training and research
financial trading room
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 13,777 MBA degrees since its founding. It has 13,228 living MBA alumni, and 48 MBA club(s) throughout 12 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 14% 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. $288. 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. $41,699,276
Information found in this survey was provided on behalf of the B-school by Terrill Cosgray
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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