THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 92% |
Graduates who: |
 | received their first job offer by graduation | 47% |
| received their first job offer within the first three months after graduation | 80% |
| were company sponsored, or already employed (2) | 20% |
| were continuing their education (after graduation) (3) | 47% |
| were starting a new business (4) | n/a |
| postponed their job search | 27% |
| did not seek employment for other reasons | 6% |
| |
| 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. Honeywell |
4 |
| 2. Sprint |
3 |
| 3. Whirlpool |
3 |
| 4. Johnson & Johnson |
3 |
| 5. IBM |
3 |
| 6. General Electric |
4 |
| 7. Accenture |
2 |
| 8. Bank of America |
2 |
| 9. Cigna |
2 |
| 10. Citigroup |
2 |
| 11. Emerson |
2 |
| 12. HMA |
2 |
| 13. KPMG |
2 |
| 14. Scotial Capital |
2 |
| 15. Proctor and Gamble |
2 |
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
|
$70,245 |
Median starting-base salary (excluding bonuses) for the Class of 2003
|
$72,000 |
Average first-year signing bonus
|
$10,684 |
Median first-year signing bonus
|
$10,000 |
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.
2002 GRADUATES REPORT
Editor's Note: Based on responses to BusinessWeek's 2002 survey of graduates.
Median starting base-salary
|
$75,000 |
Median signing bonus
|
$12,000 |
Median other compensation
|
$15,000 |
Median MBA loans
|
$33,000 |
Average number of job offers at graduation
|
1.2 |
Average living expenses (not including tuition) over course of program
|
$28,411 |
Summer internship resulted in full-time employment
|
38% |
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
| Consulting | 14% |
| Finance/Accounting | 51% |
| General Management | 12% |
| Human Resources | 1% |
| Marketing/Sales | 17% |
| Management Information Systems | n/a |
| Operations/Logistics | 4% |
| Other | 1% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 7% |
| Eastern and Central Europe and Central Asia | 2% |
| Latin America and the Carribean | 3% |
| Middle East | n/a |
North America
(Canada: n/a / U.S.: n/a ) | 86% |
| Oceania | n/a |
| Western Europe | 2% |
Graduates accepting jobs within North America:
| Canada | n/a |
| Mid-Atlantic U.S. | 8% |
| Midwest U.S. | 42% |
| Northeast U.S. | 16% |
| South U.S. | 10% |
| Southwest U.S. | 9% |
| U.S. Possessions and territories | n/a |
| West U.S. | 15% |
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. IBM |
4 |
| 2. SBC |
2 |
| 3. Proctor & Gamble |
2 |
| 4. Honeywell |
2 |
| 5. Mann Systems, Amsterdam |
2 |
| 6. Sintokogio Ltd., Japan |
2 |
| 7. Dana Software |
2 |
| 8. Whirlpool |
2 |
| 9. Ford |
1 |
| 10. Kraft |
1 |
| 11. Hewlett Packard |
1 |
| 12. Emerson Electric |
1 |
| 13. Daimler Chrysler |
1 |
| 14. Fisher Price |
1 |
| 15. General Electric |
1 |
Internship compensation:
| Paid internships |
99% |
| Average internship compensation (per week) |
$934 |
| Median internship compensation (per week) |
$1,100 |
| 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 to visit with companies
|
Oct. |
n/a |
National Hispanic MBA Job Fair
|
Nov. |
Yes |
National Black MBA Job Fair
|
Nov. |
Yes |
International Career Conferences Job Fair
|
Nov. |
Yes |
Los Angeles to visit with companies
|
n/a |
Yes |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,750,000
Technology changes made over the past three years:
The technological improvements at the school are organized around infrastructure (mostly hardware, storage, and wireless), databases, and applications (e.g., collaborative work platform).
The school's main building is covered with the wireless network, and the school has built a 10,000 square foot collaborative learning facility.
For graduate programs, the school has adopted a collaborative project management platform called eProject, which allows groups to form online communities and projects for news-sharing, document management, discussions, polls, and managing projects. The central online community for the MBA program has been in existence since November 2001 and has over 175,000 log-ins with 600-plus users.
The college has completely redesigned all Web sites in the college with vendor costs of approximately $100,000. The college has upgraded all desktop operating systems. All faculty workstations will be upgraded in the 2003-2004 academic year.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://irishonline.nd.edu
Current MBA students given access to alumni database? Yes
The B-school has awarded 4,920 MBA degrees since its founding. It has 4,869 living MBA alumni, and 243 MBA club(s) throughout 33 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 41% 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. $452. 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. $86,700,000
ADDITIONAL SCHOOL COMMENTS
The school offers three additional job searching trips - ND NetWorks networking trips to Portland/Seattle, San Francisco, and Los Angeles - (the school reimburse some of expenses to students).
Information found in this survey was provided on behalf of the B-school by Edward J. Conlon
|
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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