received their first job offer within the first three months after graduation
96%
were company sponsored, or already employed (2)
3%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
5%
postponed their job search
0%
did not seek employment for other reasons
0%
Companies that recruited second-year students on campus in past academic year
31
Companies that recruited second-year students via job boards in past academic year
92
(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. Deloitte & Touche
2
2. Dell Computers
2
3. Eli Lilly
2
4. USAA
1
5. Ford Motor Company
1
6. SBC
1
7. ExxonMobil
1
8. Honeywell
1
9. Frito-Lay
1
10. GE Medical
1
11. BNSF
1
12. Bank One
1
13. Wal-Mart
1
14. KPMG
1
15. GE
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$86,646
Median starting-base salary (excluding bonuses) for the Class of 2003
$79,800
Average first-year signing bonus
$8,136
Median first-year signing bonus
$8,000
Job-accepting graduates who received a signing bonus
60%
(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
$10,000
Median MBA loans
$8,000
Average number of job offers at graduation
0.9
Average living expenses (not including tuition) over course of program
$29,146
Summer internship resulted in full-time employment
26%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
7%
Finance/Accounting
30%
General Management
5%
Human Resources
4%
Marketing/Sales
28%
Management Information Systems
4%
Operations/Logistics
4%
Other
17%
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.
3%
Midwest U.S.
8%
Northeast U.S.
3%
South U.S.
5%
Southwest U.S.
70%
U.S. Possessions and territories
0%
West U.S.
11%
MBA INTERNSHIPS
Companies that recruited first-year MBA students for internships on campus in past academic year: 30
Companies that recruited first-year MBA interns via job boards during past academic year: 50
Top 15 recruiting firms:
Firm
Interns Hired
1. Ford
2
2. Toyota
2
3. Hewlett Packard
2
4. USAA
2
5. Yum Brands
2
6. ExxonMobil
1
7. Honeywell
1
8. ChevronTexaco
1
9. BNSF
1
10. SBC
1
11. Bear Stearns
1
12. Lufthansa Cargo
1
13. Royal Dutch/Shell Group
1
14. ChevronPhillips
1
15. Wells Fargo
1
Internship compensation:
Paid internships
100%
Average internship compensation (per week)
$979
Median internship compensation (per week)
$923
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
Nov.
No
Houston
Feb.
No
Austin
Feb.
No
Dallas
Mar.
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:
Wireless network, upgraded MBA computer lab, upgraded classroom technology capabilities
ALUMNI AFFAIRS
University offers placement services for MBA alumni? n/a
Current MBA students given access to alumni database? Yes
The B-school has awarded 3,000 MBA degrees since its founding. It has 3,000 living MBA alumni, and 10 MBA club(s) throughout 2 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, n/a 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. $54,300,000
ADDITIONAL SCHOOL COMMENTS
* The school does not track the number of minority applicants, as the university system follows a "blind" admissions process.
Information found in this survey was provided on behalf of the B-school by Wendy Flynn