THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 81% |
Graduates who: |
 | received their first job offer by graduation | 70% |
| received their first job offer within the first three months after graduation | 80% |
| were company sponsored, or already employed (2) | 33% |
| were continuing their education (after graduation) (3) | 42% |
| were starting a new business (4) | 8% |
| postponed their job search | 13% |
| did not seek employment for other reasons | 4% |
| |
| 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. Ford |
5 |
| 2. Guidant |
4 |
| 3. Honeywell |
4 |
| 4. Procter & Gamble |
4 |
| 5. United Technologies |
4 |
| 6. Whirlpool |
4 |
| 7. Air Products |
2 |
| 8. Delphi Automotive |
2 |
| 9. Eaton |
2 |
| 10. Eli Lilly |
2 |
| 11. General Electric |
2 |
| 12. IBM |
2 |
| 13. Kimberly-Clark |
2 |
| 14. Mars |
2 |
| 15. Saint-Gobain; Samsung; SBC; Shell |
2 |
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
|
$75,965 |
Median starting-base salary (excluding bonuses) for the Class of 2003
|
$78,120 |
Average first-year signing bonus
|
$16,662 |
Median first-year signing bonus
|
$11,000 |
Job-accepting graduates who received a signing bonus
|
74% |
(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
|
$79,000 |
Median signing bonus
|
$12,000 |
Median other compensation
|
$11,500 |
Median MBA loans
|
$16,000 |
Average number of job offers at graduation
|
1.7 |
Average living expenses (not including tuition) over course of program
|
$26,777 |
Summer internship resulted in full-time employment
|
33% |
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
| Consulting | 2% |
| Finance/Accounting | 19% |
| General Management | 10% |
| Human Resources | 3% |
| Marketing/Sales | 30% |
| Management Information Systems | 9% |
| Operations/Logistics | 20% |
| Other | 7% |
Graduates accepting jobs in the following regions:
| Africa | 0% |
| Asia | 13% |
| Eastern and Central Europe and Central Asia | 0% |
| Latin America and the Carribean | 0% |
| Middle East | 0% |
North America
(Canada: 0% / U.S.: 100%) | 85% |
| Oceania | 1% |
| Western Europe | 1% |
Graduates accepting jobs within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 4% |
| Midwest U.S. | 62% |
| Northeast U.S. | 14% |
| South U.S. | 2% |
| Southwest U.S. | 14% |
| U.S. Possessions and territories | 0% |
| West U.S. | 4% |
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. American Axle |
5 |
| 2. IBM |
4 |
| 3. Johnson & Johnson |
4 |
| 4. General Electric |
3 |
| 5. Maple Leaf Farms |
3 |
| 6. Albertsons |
2 |
| 7. Ford |
2 |
| 8. Guidant |
2 |
| 9. Honeywell |
2 |
| 10. Philip Morris |
2 |
| 11. Sallie Mae |
2 |
| 12. United Technologies |
2 |
| 13. Xerox |
2 |
Internship compensation:
| Paid internships |
98% |
| Average internship compensation (per week) |
$1,040 |
| Median internship compensation (per week) |
$1,066 |
| Average internship length (weeks) |
10 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
Wall Street
|
Dec. |
No |
Global MBA (Orlando)
|
Oct. |
No |
NSHMBA
|
Nov. |
No |
National Black MBA
|
Sept. |
No |
Graduate Women in Business
|
Nov. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,400,000
Technology changes made over the past three years:
Krannert just opened its newest facility, the $35 million Rawls Hall, adding about130,000 square feet of classroom and learning space to the Krannert complex, and has high-speed data ports for each student seat in the classrooms and wireless connectivity throughout the building. Each classroom contains high-end audio, video, and lighting, and is distance-learning ready. Rawls also has a distance learning and video production center in addition to a 40-station computer lab dedicated to the master's students. Other investments include installation of a video conference classroom in the executive education center, a wireless network; support and e-mail/calendar synchronization for PDAs in all common-area computer stations and labs. Katalyst, an academic, administrative, and communications portal for master's students, launched in 1999, received significant upgrades. The school continued offering video-streamed lectures to/from remote locations for guest speakers, joint courses with our sister school, GISMA, in Germany, and other distance learning situations. An in-house chatspace to host live chat room discussions with current and prospective students was also launched.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Alumni networking Web site:
n/a
Current MBA students given access to alumni database? Yes
The B-school has awarded 6,358 MBA degrees since its founding. It has 5,991 living MBA alumni, and 0 MBA club(s) n/a countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 18% 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. $682. 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. $46,674,006
Information found in this survey was provided on behalf of the B-school by Chuck Johnson
|
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Copyright 2003, Bloomberg L.P.
