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2003 FULL-TIME MBA PROFILE
Iowa State University
College of Business

Sections: Getting In | Academics & Lifestyle |  Career & Alumni Affairs 


Address: Iowa State University
College of Business, 218 Carver Hall
Ames, IA 50011-2063
E-Mail: busgrad@iastate.edu
Web site: http://www.bus.iastate.edu


THE FULL-TIME JOB HUNT

2003 graduates seeking employment (1)   70%

Graduates who:
received their first job offer by graduation 79%
received their first job offer within the first three months after graduation 84%
were company sponsored, or already employed (2) 7%
were continuing their education (after graduation) (3) 15%
were starting a new business (4) 0%
postponed their job search 8%
did not seek employment for other reasons 0%
 
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:
FirmGraduates Hired
1. Ernst & Young LLP 1
2. US Bank 1
3. Lockheed Martin 2
4. General Mills 1
5. Meredith Corporation 1
6. Mayo Clinic Foundation 1
7. Hart Associates 1
8. Coca Cola Enterprises 1
9. Burke Foods 1
10. FCStone LLC 1
11. John Deere 2
12. Fort Dodge Animal Health 1
13. Wells Fargo 2
14. ABC Laboratories 1

Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003

 n/a
Median starting-base salary (excluding bonuses) for the Class of 2003

 n/a
Average first-year signing bonus

 n/a
Median first-year signing bonus

 n/a
Job-accepting graduates who received a signing bonus

 n/a

(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.



CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 0%
Finance/Accounting 21%
General Management 5%
Human Resources 5%
Marketing/Sales 37%
Management Information Systems 16%
Operations/Logistics 11%
Other 5%

Graduates accepting jobs in the following regions:
Africa n/a
Asia n/a
Eastern and Central Europe and Central Asia 9%
Latin America and the Carribean n/a
Middle East n/a
North America
 (Canada: 0% / U.S.: 100%)		 91%
Oceania n/a
Western Europe n/a

Graduates accepting jobs within North America:
Canada 0%
Mid-Atlantic U.S. 0%
Midwest U.S. 74%
Northeast U.S. 4%
South U.S. 13%
Southwest U.S. 0%
U.S. Possessions and territories 0%
West U.S. 0%


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:
FirmInterns Hired
1. Kingland Systems 5
2. Maytag 1
3. Andersen Corporation 1
4. BASF 2
5. Cramer Development 1
6. Wholesome Harvest 1
7. Pappajohn Entrepreneurial Center 4
8. Schnurr & Company LLP 1
9. CombiSep 3
10. Wells Fargo Home Mortgage 3
11. Life Investors/Aegon 1
12. Wells Fargo Financial 2

Internship compensation:
Paid internships 100%
Average internship compensation (per week) $600
Median internship compensation (per week) $600
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
Southwest MBA Alliance Dallas Career Expo

 Jan. Yes
Omaha Company Visits

 Mar. Yes


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:
A wireless network has been installed in the main building.
ALUMNI AFFAIRS

University offers placement services for MBA alumni? No

Alumni networking Web site:
http://www/bus.iastate.edu/ALUMNI/default.htm

Current MBA students given access to alumni database? No

The B-school has awarded 775 MBA degrees since its founding. It has n/a living MBA alumni, and n/a MBA club(s) n/a 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. n/a

 Information found in this survey was provided on behalf of the B-school by Lisa Breja
 
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