received their first job offer within the first three months after graduation
67%
were company sponsored, or already employed (2)
0%
were continuing their education (after graduation) (3)
28%
were starting a new business (4)
28%
postponed their job search
22%
did not seek employment for other reasons
5%
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. Capital One
1
2. Mattel, Inc.
1
3. Morgan Stanley
1
4. GE Power Systems
1
5. Citibank
1
6. ES3 LLC
1
7. Kansas Technology Enterprise Corporation
1
8. AWESCO
1
9. MarkTech
1
10. Northeastern Capital and Advisory
1
11. Meso Inc.
1
12. AstroPower
1
13. Northwestern Mutual Financial Network
1
14. JLT Services
1
15. IIC
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$54,700
Median starting-base salary (excluding bonuses) for the Class of 2003
$57,000
Average first-year signing bonus
$4,833
Median first-year signing bonus
$5,000
Job-accepting graduates who received a signing bonus
19%
(1) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
6%
Finance/Accounting
31%
General Management
0%
Human Resources
0%
Marketing/Sales
13%
Management Information Systems
6%
Operations/Logistics
31%
Other
13%
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%)
100%
Oceania
0%
Western Europe
0%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
6%
Midwest U.S.
6%
Northeast U.S.
81%
South U.S.
0%
Southwest U.S.
0%
U.S. Possessions and territories
0%
West U.S.
6%
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. MapInfo
3
2. Shell Chemical
2
3. SAP
1
4. Target
1
5. NYS Attorney General
1
6. NYS Office of the Comptroller
1
7. Cool Insurance
1
8. Mecury Web Solutions
1
9. Alviero Martini Fashion House
1
10. Starfire Systems
1
11. Facilitech
1
12. X Ray Optical SYstems
1
13. Orca Gear
1
14. Dynabil
1
15. Rome Airforce Laboratory
1
Internship compensation:
Paid internships
95%
Average internship compensation (per week)
$972
Median internship compensation (per week)
$1,000
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
New York City Event
Jan.
Yes
Asian Diversity Career Fair
Dec.
Yes
Women for Hire - Boston
Apr.
Yes
Sustainable Development Career Fair
Nov.
Yes
TECHNOLOGY
Wireless network in main buildings: No
School's investment in technology over the past three years: $519,207
Technology changes made over the past three years:
High-speed color laser printing, increased network intensity, mobile computing for faculty
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 8,227 MBA degrees since its founding. It has 8,147 living MBA alumni, and 40 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. $50, and a mean gift of U.S. $391. 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. $23,993,105
ADDITIONAL SCHOOL COMMENTS
The Lally School of Management and Technology trains business leaders in the strategic use of technology to create corporate value - with an emphasis on innovation and corporate entrepreneurship. Many of the graduating students are entrepreneurially oriented and form their own start-up companies upon graduation. These people have a very different salary trajectory.
Information found in this survey was provided on behalf of the B-school by Denis Simon
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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