THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 97% |
Graduates who: |
 | received their first job offer by graduation | 57% |
| received their first job offer within the first three months after graduation | 84% |
| were company sponsored, or already employed (2) | 1% |
| were continuing their education (after graduation) (3) | 2% |
| were starting a new business (4) | 1% |
| postponed their job search | n/a |
| did not seek employment for other reasons | n/a |
| |
| 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. VarTec Telecom, Inc. |
4 |
| 2. Deloitte & Touche |
4 |
| 3. On-Target Supplies & Logistics |
3 |
| 4. VHA |
2 |
| 5. Sabre |
2 |
| 6. Ernst & Young |
2 |
| 7. Pioneer Natural Resources |
2 |
| 8. Mercer Management Consulting |
2 |
| 9. JP Morgan Chase |
2 |
| 10. Avaya |
2 |
| 11. Merrill Lynch |
2 |
| 12. Dell |
1 |
| 13. Texas Instruments |
1 |
| 14. Frito-Lay |
1 |
| 15. AT&T |
1 |
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
|
$69,286 |
Median starting-base salary (excluding bonuses) for the Class of 2003
|
$69,020 |
Average first-year signing bonus
|
$10,507 |
Median first-year signing bonus
|
$8,750 |
Job-accepting graduates who received a signing bonus
|
36% |
(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
|
$10,000 |
Median other compensation
|
$20,000 |
Median MBA loans
|
$33,000 |
Average number of job offers at graduation
|
1.0 |
Average living expenses (not including tuition) over course of program
|
$38,866 |
Summer internship resulted in full-time employment
|
33% |
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
| Consulting | 10% |
| Finance/Accounting | 44% |
| General Management | 12% |
| Human Resources | 1% |
| Marketing/Sales | 17% |
| Management Information Systems | 3% |
| Operations/Logistics | 9% |
| Other | 4% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | n/a |
| Eastern and Central Europe and Central Asia | n/a |
| Latin America and the Carribean | 5% |
| Middle East | n/a |
North America
(Canada: 0% / U.S.: 100%) | 95% |
| Oceania | n/a |
| Western Europe | n/a |
Graduates accepting jobs within North America:
| Canada | 0% |
| Mid-Atlantic U.S. | 0% |
| Midwest U.S. | 3% |
| Northeast U.S. | 1% |
| South U.S. | 5% |
| Southwest U.S. | 86% |
| U.S. Possessions and territories | 0% |
| West U.S. | 0% |
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 67
Companies that recruited first-year MBA interns via job boards during past academic year: 66
Top 15 recruiting firms:
| Firm | Interns Hired |
| 1. Sabre Holdings |
8 |
| 2. BNP Paribas |
2 |
| 3. Behrens, Lawrence & Associates |
2 |
| 4. CABC |
2 |
| 5. Ericsson |
2 |
| 6. eTexx Biopharmaceuticals |
2 |
| 7. Maguire Energy Institute |
2 |
| 8. DEAN Foods |
2 |
| 9. Celanese Chemicals |
2 |
| 10. SBC |
1 |
| 11. Trammell Crow |
1 |
| 12. Goldman - Sachs |
1 |
| 13. IBM |
1 |
| 14. Lehman Brothers |
1 |
| 15. Dr. Pepper/7-UP |
1 |
Internship compensation:
| Paid internships |
78% |
| Average internship compensation (per week) |
$927 |
| Median internship compensation (per week) |
$900 |
| 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 |
Buyside Club - Texas Tour
|
Feb. |
No |
Energy Club Trip - Houston
|
Jan. |
No |
MBA Consortium - NYC
|
Jan. |
No |
MBA Consortium - Atlanta
|
Nov. |
No |
MBA Consortium - San Francisco
|
Feb. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $1,000,000
Technology changes made over the past three years:
During the last three years, SMU Cox has undergone a classroom technology renovation. Classroom systems were standardized; DVD players were introduced into all classrooms; new teaching lecterns were custom built; projectors were replaced with new higher lumen projectors; the entire a/v infrastructure was upgraded, and touchpad interfaces were improved. The Cox Wireless network was finalized, enabling students and staff access to networking capabilities throughout the Cox School without having to hardwire their laptop computers to a wall jack, and outlets at each seat in the classrooms were added so that students could use their laptops during lectures.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.cox.smu.edu/alumni/resources/database
Current MBA students given access to alumni database? Yes
The B-school has awarded 9,251 MBA degrees since its founding. It has 9,042 living MBA alumni, and 40 MBA club(s) throughout 16 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. $100, and a mean gift of U.S. $654. 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. $114,571,171
ADDITIONAL SCHOOL COMMENTS
SMU's Cox School of Business is located in Dallas, Texas, home to hundreds of corporate headquarters. Many of the enrichment programs and activities allow students to connect with the city's leading companies and learn valuable lessons from experienced business leaders. The Associate Board Executive Mentoring Program allows students to select an executive mentor who provides career advice, industry insight, and business contacts, all to assist and advance the student's career goals. The American Airlines Global Leadership Program is a mandatory, rigorous course of study for all first-year, full-time MBAs. After six months of preparation, the class travels to Asia, Europe, or Latin America for two weeks to study international business practices. The Business Leadership Center is a one of a kind MBA program, offering more than 40 seminars taught by business practitioners and executives to master communications and leadership skills essential to career success. The Cox Distinguished MBA Scholars program offers as many as ten full-tuition MBA scholarships per year to the most outstanding students admitted to the full-time MBA program.
Information found in this survey was provided on behalf of the B-school by Andrea Hugg
|
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Copyright 2003, Bloomberg L.P.
