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 , by The McGraw-Hill Companies Inc. All rights reserved.
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