received their first job offer within the first three months after graduation
86%
were company sponsored, or already employed (2)
7%
were continuing their education (after graduation) (3)
2%
were starting a new business (4)
1%
postponed their job search
8%
did not seek employment for other reasons
29%
Companies that recruited second-year students on campus in past academic year
39
Companies that recruited second-year students via job boards in past academic year
140
(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 Motor Company
4
2. Bayer
2
3. Bayer Polymer AG
2
4. Comptroller of the Currency US Federal Government
2
5. Eckerd Health Services
2
6. KPMG Peat Marwick
2
7. Medaphis Corp.
2
8. PNC Bank
2
9. The Meridian Group
2
10. Ernst & Young
2
11. American Management Systems
1
12. Deloitte & Touche
1
13. Bristol Myers Squibb
1
14. Glaxo Smith Kline
1
15. M&M Mars
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$64,000
Median starting-base salary (excluding bonuses) for the Class of 2003
$60,000
Average first-year signing bonus
$4,900
Median first-year signing bonus
$5,000
Job-accepting graduates who received a signing bonus
39%
(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
$72,000
Median signing bonus
$10,000
Median other compensation
$55,000
Median MBA loans
$17,000
Average number of job offers at graduation
1.3
Average living expenses (not including tuition) over course of program
$22,844
Summer internship resulted in full-time employment
10%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
17%
Finance/Accounting
39%
General Management
0%
Human Resources
2%
Marketing/Sales
34%
Management Information Systems
7%
Operations/Logistics
1%
Other
0%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
0%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
0%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
97%
Oceania
0%
Western Europe
3%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
59%
Midwest U.S.
22%
Northeast U.S.
11%
South U.S.
0%
Southwest U.S.
0%
U.S. Possessions and territories
0%
West U.S.
5%
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:
n/a
Internship compensation:
Paid internships
n/a
Average internship compensation (per week)
n/a
Median internship compensation (per week)
n/a
Average internship length (weeks)
n/a
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
Alumni Networking Trips, Detroit, Chicago, Phil.
Sept.
Yes
Alum. Networking Trips, NYC, Wash. DC, Fla.,NC
Oct.
Yes
Alum. networking Trips, California and Seattle
Nov.
Yes
Alumni Networking Trip, Boston
Feb.
Yes
Alumni Networking Trip, NYC
Mar.
Yes
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $1,500,000
Technology changes made over the past three years:
The school created 18 fully ported, dedicated MBA team rooms providing maximum laptop connectivity. Major classrooms were upgraded to provide state-of-the-art audio/visual equipment and heavy Internet connectivity. The laptop program and support was expanded to keep pace with today's P4 mobile, ultralight notebooks, Windows XP based technologies. The PC-based administration support system was replaced with an Oracle based client server administrative system, using Web-based access and supporting an online inquiry and application system. The school installed Bloomberg terminal services in the Business Library. The Finance Database access was expanded to WRDS (Wharton Research Data Services) program providing ready access via the Web.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? No
The B-school has awarded 14,099 MBA degrees since its founding. It has 13,890 living MBA alumni, and 6 MBA club(s) throughout 6 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 17% 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. $25,000,000
Information found in this survey was provided on behalf of the B-school by Barry Kukovich
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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