THE FULL-TIME JOB HUNT
| 2003 graduates seeking employment (1) | | 95% |
Graduates who: |
 | received their first job offer by graduation | 66% |
| received their first job offer within the first three months after graduation | 83% |
| were company sponsored, or already employed (2) | n/a |
| were continuing their education (after graduation) (3) | 1% |
| were starting a new business (4) | 2% |
| postponed their job search | 2% |
| did not seek employment for other reasons | n/a |
| |
| 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. CIBC Group of Companies |
15 |
| 2. TD Financial Group |
14 |
| 3. IBM |
6 |
| 4. Scotiabank Financial Group |
5 |
| 5. Royal Bank Financial Group |
5 |
| 6. PricewaterhouseCoopers |
4 |
| 7. KPMG |
4 |
| 8. Deloitte & Touche |
4 |
| 9. General Mills |
4 |
| 10. American Express |
3 |
| 11. L'Oreal |
3 |
| 12. Procter & Gamble |
3 |
| 13. Kraft |
3 |
| 14. Colgate |
3 |
| 15. Ontario Teachers' Pension Plan |
2 |
Prospects for 2003 grads (school reported):
Average starting-base salary (1) (exluding bonuses) for the Class of 2003
|
$61,000 |
Median starting-base salary (excluding bonuses) for the Class of 2003
|
$56,000 |
Average first-year signing bonus
|
$6,000 |
Median first-year signing bonus
|
$4,000 |
Job-accepting graduates who received a signing bonus
|
8% |
(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
|
$45,000 |
Median signing bonus
|
$2,000 |
Median other compensation
|
$10,000 |
Median MBA loans
|
$8,000 |
Average number of job offers at graduation
|
1.0 |
Average living expenses (not including tuition) over course of program
|
$22,098 |
Summer internship resulted in full-time employment
|
17% |
CAREER DIRECTIONS
Graduates accepting jobs in the following function areas:
| Consulting | 10% |
| Finance/Accounting | 41% |
| General Management | 8% |
| Human Resources | 1% |
| Marketing/Sales | 16% |
| Management Information Systems | 7% |
| Operations/Logistics | 15% |
| Other | 2% |
Graduates accepting jobs in the following regions:
| Africa | n/a |
| Asia | 4% |
| Eastern and Central Europe and Central Asia | 2% |
| Latin America and the Carribean | n/a |
| Middle East | n/a |
North America
(Canada: 90% / U.S.: 10%) | 92% |
| Oceania | n/a |
| Western Europe | 2% |
Graduates accepting jobs within North America:
| Canada | 90% |
| Mid-Atlantic U.S. | n/a |
| Midwest U.S. | n/a |
| Northeast U.S. | n/a |
| South U.S. | n/a |
| Southwest U.S. | n/a |
| U.S. Possessions and territories | n/a |
| West U.S. | n/a |
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. CIBC Financial Group |
5 |
| 2. TD Financial Group |
4 |
| 3. Scotia Financial Group |
4 |
| 4. CIBC World Markets |
4 |
| 5. Royal Bank Financial Group |
4 |
| 6. Celestica |
3 |
| 7. Imperial Oil |
3 |
| 8. General Mills |
3 |
| 9. Kraft |
3 |
| 10. L'Oreal |
3 |
| 11. Procter & Gamble |
3 |
| 12. Colgatre Palmolive |
3 |
| 13. IBM |
3 |
| 14. KPMG |
2 |
| 15. American Express |
2 |
Internship compensation:
| Paid internships |
96% |
| Average internship compensation (per week) |
$15,175 |
| Median internship compensation (per week) |
$13,650 |
| Average internship length (weeks) |
16 |
B-SCHOOL SERVICES
Annual job-searching trips the school coordinates or participates in:
| Destination | Month offered | Paid for by B-School |
International MBA
|
Oct. |
No |
New York
|
Jan. |
No |
Hispanic MBA
|
Nov. |
No |
Day on Bay
|
Jan. |
Yes |
Boston Career Forum
|
Oct. |
No |
TECHNOLOGY
Wireless network in main buildings: Yes
School's investment in technology over the past three years: $3,500,000
Technology changes made over the past three years:
1. New instructional technology installed in new $102 million Schulich School of Business building, including computer projection of local or network-based content, document cameras, DVD and videotape playback, room-to-room IT connectivity, and several technology-upgraded classrooms for special applications. 2. Added on-line materials and software to support classes, including NewMindsets software, a self-directed, integrated and interactive learning environment. 3. Extended network connectivity, including the launch of wireless net connectivity in the business school building. 4. Implemented a new server and storage architecture, including introduction of a SAN. 5. Introduced Lotus Notes-based course materials database for distribution of course-related materials.
ALUMNI AFFAIRS
University offers placement services for MBA alumni? Yes
Alumni networking Web site:
http://www.schulich.yorku.ca/alumni
Current MBA students given access to alumni database? No
The B-school has awarded 13,876 MBA degrees since its founding. It has 13,605 living MBA alumni, and 28 MBA club(s) throughout 10 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. $25,000,000
Information found in this survey was provided on behalf of the B-school by Paul Pivato
|
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Copyright 2003, Bloomberg L.P.
