received their first job offer within the first three months after graduation
70%
were company sponsored, or already employed (2)
15%
were continuing their education (after graduation) (3)
n/a
were starting a new business (4)
2%
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
84
Companies that recruited second-year students via job boards in past academic year
192
(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. McKinsey & Company
56
2. BCG
27
3. Bain & Company
17
4. Booz Allen Hamilton
12
5. Honeywell
11
6. American Express
11
7. General Electric
10
8. Johnson & Johnson
10
9. AT Kearney
9
10. Royal Dutch Shell
9
11. Novartis
8
12. Guidant
6
13. L'Oréal
6
14. Schering Plough
6
15. ABN AMRO
5
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$93,800
Median starting-base salary (excluding bonuses) for the Class of 2003
$93,800
Average first-year signing bonus
$18,400
Median first-year signing bonus
$17,360
Job-accepting graduates who received a signing bonus
42%
(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
$84,000
Median signing bonus
$19,000
Median other compensation
$31,000
Median MBA loans
$25,500
Average number of job offers at graduation
1.8
Average living expenses (not including tuition) over course of program
$32,977
Summer internship resulted in full-time employment
3%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
45%
Finance/Accounting
22%
General Management
8%
Human Resources
n/a
Marketing/Sales
15%
Management Information Systems
n/a
Operations/Logistics
2%
Other
8%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
13%
Eastern and Central Europe and Central Asia
3%
Latin America and the Carribean
3%
Middle East
3%
North America
(Canada: n/a / U.S.: n/a )
9%
Oceania
n/a
Western Europe
66%
Graduates accepting jobs within North America:
Canada
n/a
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:
Firm
Interns Hired
1. Morgan Stanley
7
2. Goldman Sachs
6
3. BP
5
4. Merrill Lynch
5
5. Shell
5
6. Citigroup
5
7. Novartis
4
8. Alstom Power
3
9. Booz Allen Hamilton
3
10. Club Med
3
11. Yahoo Asia
3
12. L'Oréal
2
13. MFS International
2
14. Schering Plough
2
15. Siemens
2
Internship compensation:
Paid internships
100%
Average internship compensation (per week)
$1,300
Median internship compensation (per week)
$1,800
Average internship length (weeks)
6
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: n/a
Technology changes made over the past three years:
n/a
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 13,763 MBA degrees since its founding. It has 13,532 living MBA alumni, and 37 MBA club(s) throughout 37 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 11% 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. $1,283. 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. $51,000,000
ADDITIONAL SCHOOL COMMENTS
As INSEAD has a one-year program, all career statistics apply to the class which graduated in 2002 (July + December 2002).
Information found in this survey was provided on behalf of the B-school by Helle Jensen