received their first job offer within the first three months after graduation
87%
were company sponsored, or already employed (2)
6%
were continuing their education (after graduation) (3)
1%
were starting a new business (4)
2%
postponed their job search
0%
did not seek employment for other reasons
2%
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. Aim Healthcare
7
2. Citigroup
6
3. American Express
5
4. Ford Motor Company
4
5. The Home Depot
4
6. Sara Lee
4
7. Asurion
3
8. Gaylord Entertainment
3
9. GE
3
10. HCA
3
11. IBM
3
12. WR Hough Company
3
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$70,097
Median starting-base salary (excluding bonuses) for the Class of 2003
$74,000
Average first-year signing bonus
$11,441
Median first-year signing bonus
$10,000
Job-accepting graduates who received a signing bonus
67%
(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
$80,000
Median signing bonus
$12,000
Median other compensation
$18,000
Median MBA loans
$47,500
Average number of job offers at graduation
1.2
Average living expenses (not including tuition) over course of program
$41,347
Summer internship resulted in full-time employment
37%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
4%
Finance/Accounting
44%
General Management
16%
Human Resources
3%
Marketing/Sales
20%
Management Information Systems
n/a
Operations/Logistics
8%
Other
5%
Graduates accepting jobs in the following regions:
Africa
n/a
Asia
4%
Eastern and Central Europe and Central Asia
n/a
Latin America and the Carribean
3%
Middle East
1%
North America
(Canada: 0% / U.S.: 100%)
91%
Oceania
n/a
Western Europe
1%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
5%
Midwest U.S.
10%
Northeast U.S.
13%
South U.S.
50%
Southwest U.S.
9%
U.S. Possessions and territories
0%
West U.S.
5%
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. American Express
6
2. WebMD
5
3. Honeywell
4
4. Goldman Sachs
4
5. Sears - Land's End
4
6. ACH Food Companies
3
7. Avondale Partners
3
8. Bank of America
3
9. Emerson Electric
3
10. Gaylord Entertainment
3
11. Harrah's Entertainment
3
12. Mattel
3
13. Morgan Keegan
3
14. Union Planters Bank
3
Internship compensation:
Paid internships
n/a
Average internship compensation (per week)
$1,011
Median internship compensation (per week)
$1,000
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
Wall Street Trip
Oct.
No
Silicon Valley Trip
Mar.
No
Memphis Job Fair
Mar.
Yes
West Coast Forum
n/a
No
Atlanta Consulting Trip
n/a
No
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $2,000,000
Technology changes made over the past three years:
In August 2000, the school introduced a wireless laptop program - one of the first in the country. All students are required to participate in this program and the entire school, including classrooms, study areas, faculty offices, library, outdoor courtyard (Starbucks across the street) is covered by our wireless network. The school has implemented a sophisticated intranet that provides access to Web-based course material, threaded discussion boards, virtual chat and online library databases. The intranet also provides student clubs and admin. offices the capability to share information, announcements, email distribution lists, and threaded discussion boards with the Owen community. The intranet also provides Owen alumni with access to selected faculty courses, "communities of interest" and closer ties with current students. Owen recently upgraded its video conferencing capabilities to enable corporate executives to make "virtual" visits to classrooms. The school is an early adopter of new technologies and has adopted a strategy of standardizing on the same hardware and operating systems enabling us to stay current with the lastest business applications.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 5,760 MBA degrees since its founding. It has 5,696 living MBA alumni, and 10 MBA club(s) throughout 4 countries, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 20% of alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $355, and a mean gift of U.S. $100. 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. $142,211,033
ADDITIONAL SCHOOL COMMENTS
International experience abroad is not required, but international courses are required.
Information found in this survey was provided on behalf of the B-school by Janet Jordan
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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