THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 91% |
Graduates who: |
 | received their first job offer by graduation | 65% |
| 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
Alumni networking Web site:
http://kelley.iu.edu/alumni
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
|
=Subscribers Only
Copyright 2003, Bloomberg L.P.
