received their first job offer within the first three months after graduation
90%
were company sponsored, or already employed (2)
n/a
were continuing their education (after graduation) (3)
n/a
were starting a new business (4)
n/a
postponed their job search
100%
did not seek employment for other reasons
n/a
Companies that recruited second-year students on campus in past academic year
127
Companies that recruited second-year students via job boards in past academic year
163
(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 and Company
25
2. Bain and Company
15
3. Boston Consulting Group
14
4. Deloitte Consulting
13
5. Johnson and Johnson
10
6. Booz Allen Hamilton
9
7. Lehman Brothers
9
8. General Electric
7
9. Guidant Corporation
7
10. Kraft
7
11. Microsoft
7
12. Citigroup
6
13. Ford Motor Company
6
14. General Mills
6
15. Jones Lang LaSalle
5
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$87,700
Median starting-base salary (excluding bonuses) for the Class of 2003
$85,000
Average first-year signing bonus
$16,160
Median first-year signing bonus
$15,000
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
$85,000
Median signing bonus
$20,000
Median other compensation
$20,000
Median MBA loans
$45,000
Average number of job offers at graduation
1.6
Average living expenses (not including tuition) over course of program
$53,652
Summer internship resulted in full-time employment
40%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
32%
Finance/Accounting
26%
General Management
10%
Human Resources
0%
Marketing/Sales
27%
Management Information Systems
0%
Operations/Logistics
1%
Other
5%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
7%
Eastern and Central Europe and Central Asia
1%
Latin America and the Carribean
2%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
85%
Oceania
1%
Western Europe
3%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
5%
Midwest U.S.
43%
Northeast U.S.
22%
South U.S.
5%
Southwest U.S.
5%
U.S. Possessions and territories
0%
West U.S.
17%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 115
Companies that recruited first-year MBA interns via job boards during past academic year: 232
Top 15 recruiting firms:
Firm
Interns Hired
1. McKinsey and Company
21
2. Boston Consulting Group
10
3. A.T. Kearney
9
4. Diageo
8
5. Goldman, Sachs and Company
8
6. Johnson and Johnson
8
7. Black and Decker
7
8. Kraft
7
9. Lehman Brothers
7
10. Microsoft
7
11. Morgan Stanley
7
12. Bain and Company
6
13. General Electric
6
14. Intel Corporation
6
15. Motorola
6
Internship compensation:
Paid internships
97%
Average internship compensation (per week)
$1,373
Median internship compensation (per week)
$1,425
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
Wall Street
n/a
No
Marketing Trek
n/a
No
European Tours
n/a
No
Entertainment/Media Trips
n/a
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $18,000,000
Technology changes made over the past three years:
Kellogg continually introduces new technology tools and upgrades to its existing technology. Wireless network access is now available in all classrooms at the Kellogg School. Kellogg has implemented a powerful, new search engine for its website, and has implemented a new web-based survey tool and new course platform. Web-based prep courses for incoming students in math, accounting, microeconomics and statistics are available.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 55,000 MBA degrees since its founding. It has 45,000 living MBA alumni, and 85 MBA club(s) throughout 46 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. $395,000,000
ADDITIONAL SCHOOL COMMENTS
On-campus interviews are conducted by date; Off-campus interviews are requested by date. Kellogg has approximately 85 student clubs. For more information, please visit: www.kellogg.northwestern.edu/difference/culture/clubs
Information found in this survey was provided on behalf of the B-school by Peggy King
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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