received their first job offer within the first three months after graduation
75%
were company sponsored, or already employed (2)
32%
were continuing their education (after graduation) (3)
12%
were starting a new business (4)
6%
postponed their job search
14%
did not seek employment for other reasons
36%
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. Kraft Foods
4
2. The Clorox Company
3
3. Deloitte & Touche
3
4. Abbott Laboratories
2
5. Allstate Investments
2
6. General Electric
2
7. General Motors Corp.
2
8. Hewlett Packard
2
9. Honeywell
2
10. IBM
2
11. W.W. Grainger Corp.
1
12. Guidant Corp.
1
13. Best Buy
1
14. Freddie Mac
1
15. Intel
1
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
$68,852
Median starting-base salary (excluding bonuses) for the Class of 2003
$70,000
Average first-year signing bonus
$11,903
Median first-year signing bonus
$12,750
Job-accepting graduates who received a signing bonus
52%
(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
$71,500
Median signing bonus
$10,000
Median other compensation
$18,000
Median MBA loans
$1,000
Average number of job offers at graduation
1.7
Average living expenses (not including tuition) over course of program
$26,578
Summer internship resulted in full-time employment
32%
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
Consulting
3%
Finance/Accounting
35%
General Management
12%
Human Resources
6%
Marketing/Sales
20%
Management Information Systems
3%
Operations/Logistics
13%
Other
9%
Graduates accepting jobs in the following regions:
Africa
0%
Asia
2%
Eastern and Central Europe and Central Asia
0%
Latin America and the Carribean
0%
Middle East
0%
North America
(Canada: 0% / U.S.: 100%)
98%
Oceania
0%
Western Europe
0%
Graduates accepting jobs within North America:
Canada
0%
Mid-Atlantic U.S.
3%
Midwest U.S.
69%
Northeast U.S.
7%
South U.S.
3%
Southwest U.S.
4%
U.S. Possessions and territories
1%
West U.S.
10%
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. General Mills
4
2. Kraft Foods
4
3. Schreiber Foods
4
4. Abbott Laboratories
3
5. Guidant Corporation
3
6. Hewlett Packard
3
7. IBM
2
8. Phillip Morris
2
9. Lands' End
2
10. Miller Brewing Co.
2
11. Harley-Davidson
2
12. General Motors
2
13. The Clorox Company
2
14. GE Capital
2
15. Intel Corporation
2
Internship compensation:
Paid internships
99%
Average internship compensation (per week)
$1,100
Median internship compensation (per week)
$1,125
Average internship length (weeks)
12
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
Destination
Month offered
Paid for by B-School
National Black MBA, Nashville
Oct.
n/a
MSH MBA, Phoenix
Nov.
n/a
Global Masters/MBA Career Conference, Orlanda
Oct.
n/a
Minneapolis Corporate Finance Company Visits
Nov.
n/a
Chicago, company visits, ASAP Program
Nov.
n/a
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $687,689
Technology changes made over the past three years:
The school has upgraded its computer labs and faculty and staff computers. It has improved classroom technology, updated server and research capabilities, enhanced networking in the building and upgraded audio/visual capabilities.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? Yes
The B-school has awarded 10,727 MBA degrees since its founding. It has 10,459 living MBA alumni, and 7 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.
During the past 12 months, 13% 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. $2,635. 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. $89,175,408
Information found in this survey was provided on behalf of the B-school by Helen Capellaro
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Copyright 2003 , by The McGraw-Hill Companies Inc. All rights reserved.
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