received their first job offer within the first three months after graduation
83%
were company sponsored, or already employed (2)
11%
were continuing their education (after graduation) (3)
0%
were starting a new business (4)
0%
postponed their job search
7%
did not seek employment for other reasons
10%
Companies that recruited second-year students on campus in past academic year
60
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. Johnson & Johnson
5
2. General Electric Company
4
3. Deloitte & Touche LLP
3
4. Excellus Blue Cross Blue Shield
4
5. Daymon Associates
3
6. Ford Motor Company
2
7. Playtex Products Inc.
2
8. PricewaterhouseCoopers
2
9. Samsung Secruities Co. Ltd.
2
10. Toys
2
11. Xerox Corporation
2
12. CIGNA
1
13. Citigroup
1
14. General Mills, Inc.
1
15. J.P. Morgan Chase & co.
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$72,079
Median starting-base salary (excluding bonuses) for the Class of 2003
$75,000
Average first-year signing bonus
$12,074
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
$15,000
Median other compensation
$20,000
Median MBA loans
$39,000
Average number of job offers at graduation
1.1
Average living expenses (not including tuition) over course of program
$35,242
Summer internship resulted in full-time employment
32%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
6%
Finance/Accounting
46%
General Management
15%
Human Resources
n/a
Marketing/Sales
18%
Management Information Systems
n/a
Operations/Logistics
8%
Other
7%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
12%
Eastern and Central Europe and Central Asia
n/a
Latin America and the Carribean
3%
Middle East
n/a
North America
(Canada: 1% / U.S.: 99%)
83%
Oceania
n/a
Western Europe
3%
Graduates accepting jobs within North America:
Canada
1%
Mid-Atlantic U.S.
8%
Midwest U.S.
16%
Northeast U.S.
45%
South U.S.
1%
Southwest U.S.
4%
U.S. Possessions and territories
n/a
West U.S.
8%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 50
Companies that recruited first-year MBA interns via job boards during past academic year: n/a
Top 15 recruiting firms:
Firm
Interns Hired
1. Eastman Kodak Company
4
2. Johnson & Johnson
4
3. Bank One Corp.
3
4. Citigroup
3
5. Trillium Group, LLC
3
6. Verizon Communications
3
7. WiseMed, Inc.
3
8. Xerox Corporation
3
9. American Aerogel
2
10. Bausch & Lomb
2
11. Deloitte & Touche LLP
2
12. Federal Reserve Bank of Boston
2
13. J.P. Morgan Chase & Co.
2
14. Lumina Partners, LLC
2
15. Manning and Napier Advisors, Inc.
2
Internship compensation:
Paid internships
64%
Average internship compensation (per week)
$935
Median internship compensation (per week)
$868
Average internship length (weeks)
12
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
NYC (Week on Wall Street)
Oct.
Yes
New York and New Jersey
Oct.
Yes
Tennessee
Oct.
Yes
Phoenix, Arizona
Nov.
Yes
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: n/a
Technology changes made over the past three years:
All classroom within the new (2001) building Gleason Hall are digital. The school has expanded its wireless network, updated computers and systems, redesigned the external web site, added interactive Intranet functions such as a self managed students record systems, online interactive scheduling of classes, and support of club and alumni club web sites.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 9,300 MBA degrees since its founding. It has 9,197 living MBA alumni, and 10 MBA club(s) throughout 6 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 16% 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. $253. 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. $47,632,626
Information found in this survey was provided on behalf of the B-school by Dawn McWilliams
=Subscribers Only
Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
MBA Insider
