received their first job offer within the first three months after graduation
88%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
2%
were starting a new business (4)
1%
postponed their job search
7%
did not seek employment for other reasons
2%
Companies that recruited second-year students on campus in past academic year
95
Companies that recruited second-year students via job boards in past academic year
110
(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. Nationwide
4
2. Abbott/Ross Products; Ford Motor Company
3
3. Airnet;American Electric Power; Kurt Salmon; National City Bank; Procter & Gamble; The Scotts Company; StorageTek
2
4. General Electric; Intel; Cantor Fitzgerald; Johnson & Johnson; Kimberly-Clark
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$75,895
Median starting-base salary (excluding bonuses) for the Class of 2003
$73,000
Average first-year signing bonus
$12,017
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
69%
(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
$70,000
Median signing bonus
$10,000
Median other compensation
$20,000
Median MBA loans
$18,000
Average number of job offers at graduation
1.0
Average living expenses (not including tuition) over course of program
$33,651
Summer internship resulted in full-time employment
33%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
5%
Finance/Accounting
36%
General Management
19%
Human Resources
n/a
Marketing/Sales
20%
Management Information Systems
2%
Operations/Logistics
12%
Other
6%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
4%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
1%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
94%
Oceania
0%
Western Europe
1%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
2%
Midwest U.S.
73%
Northeast U.S.
8%
South U.S.
8%
Southwest U.S.
1%
U.S. Possessions and territories
0%
West U.S.
2%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 56
Companies that recruited first-year MBA interns via job boards during past academic year: 100
Top 15 recruiting firms:
Firm
Interns Hired
1. The Scotts Company; Ross Products
6
2. Bank One
5
3. Ford Motor Company; Nationwide; Victoria's Secret
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
National Black MBA Conference
Sept.
Yes
National Society of Hispanic MBA Conference
Nov.
Yes
Annual New York City Investment Trip
Dec.
Yes
Minneapolis Finance Trip
Mar.
No
Alumni Networking (e.g., Chicago, New York)
May
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $4,500,000
Technology changes made over the past three years:
Wireless infrastructure providing access for faculty, staff & students; enhanced technology in classrooms; state-of-the-art computer labs; increased information security (firewalls, virus control, etc.); fixed high-speed network expansion (4000+ fixed wired ports including each seat in graduate and exec ed classrooms): state-of-the-art computer classrooms (individual + group areas); enhanced e-mail system; on-line networking/mentoring system.
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 8,300 MBA degrees since its founding. It has 7,300 living MBA alumni, and 16 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 5% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $50, and a mean gift of U.S. $209. 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. $90,000,000
Information found in this survey was provided on behalf of the B-school by Sheri Roder
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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