THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 91% |
Graduates who: |
 | received their first job offer by graduation | 86% |
| 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
Alumni networking Web site:
http://www.maysmbanetwork.org
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
|
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Copyright 2003, Bloomberg L.P.
