received their first job offer within the first three months after graduation
89%
were company sponsored, or already employed (2)
5%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
3%
postponed their job search
1%
did not seek employment for other reasons
1%
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. McKinsey
8
2. Bain & Co.
5
3. Boston Consulting Group
4
4. The Parthenon Group
4
5. Cambridge Associates
3
6. Eaton Corporation
3
7. General Electric Corporation
3
8. Guidant Corp.
3
9. Lehman Brothers
3
10. Mercer Management Consulting
3
11. UBS Warburg
3
12. Deutshe Bank
2
13. JP Morgan Chase & Co.
2
14. John Deere & Co.
2
15. Microsoft
2
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$86,736
Median starting-base salary (excluding bonuses) for the Class of 2003
$85,000
Average first-year signing bonus
$12,829
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
55%
(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
$90,000
Median signing bonus
$20,000
Median other compensation
$30,000
Median MBA loans
$46,000
Average number of job offers at graduation
1.3
Average living expenses (not including tuition) over course of program
$48,224
Summer internship resulted in full-time employment
40%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
25%
Finance/Accounting
33%
General Management
12%
Human Resources
n/a
Marketing/Sales
14%
Management Information Systems
n/a
Operations/Logistics
3%
Other
13%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
3%
Eastern and Central Europe and Central Asia
1%
Latin America and the Carribean
4%
Middle East
n/a
North America
(Canada: n/a / U.S.: n/a )
91%
Oceania
n/a
Western Europe
1%
Graduates accepting jobs within North America:
Canada
n/a
Mid-Atlantic U.S.
7%
Midwest U.S.
7%
Northeast U.S.
58%
South U.S.
4%
Southwest U.S.
4%
U.S. Possessions and territories
n/a
West U.S.
13%
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. UBS Warburg
9
2. Bristol-Myers Squibb
8
3. Lehman Brothers
7
4. Serbian Ministry of Finance
5
5. Goldman Sachs & Co.
4
6. John Deere & Co.
4
7. Mercer Management Consulting
4
8. Parthenon Group
4
9. Bain & Co.
3
10. Boston Scientific Corp.
3
11. Citigroup
3
12. Fisher Scientific International
3
13. General Electric Corporation
3
14. Hewlett-Packard Co.
3
15. J.P. Morgan Chase & Co.
3
Internship compensation:
Paid internships
98%
Average internship compensation (per week)
$1,320
Median internship compensation (per week)
$1,413
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
Boston Consulting Trip
Oct.
No
Boston Investment Management Trip
Jan.
No
Boston Tech/Biotech Trips
Jan.
No
NYC Marketing Tech Trip
Dec.
No
West Coast Tech Trip
Mar.
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,000,000
Technology changes made over the past three years:
The school introduced a mobile computing environment enhanced by the expansion of a wireless network in all campus facilities, major network backbone upgrade, complete redesign and relaunch of TuckStreams Intranet Service, major classroom renovations, Microsoft Active Directing implementation, Microsoft Exchange 2000 rollout for Administrative offices.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 8,028 MBA degrees since its founding. It has 7,500 living MBA alumni, and 21 MBA club(s) throughout 6 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 62% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $150, and a mean gift of U.S. $594. 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. $149,000,000
Information found in this survey was provided on behalf of the B-school by Kim Keating
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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