THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 83% |
Graduates who: |
 | received their first job offer by graduation | 58% |
| 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
Alumni networking Web site:
http://www.inseadalumni.org
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
|
=Subscribers Only
Copyright 2003, Bloomberg L.P.
