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2004 FULL-TIME MBA PROFILE
Florida International University
Alvah H. Chapman, Jr., Graduate School of Business — International MBA
Address: 11200 SW 8th Street
MARC 210
Miami, FL 33199
E-Mail: n/a
Web links: B-school Web site

Getting In Academics & Lifestyle  Careers & Alumni Affairs  Graduate Comments

THE FULL-TIME JOB HUNT

Most recent graduates who...
...were seeking employment 1 80%
...were not seeking employment 20%
...provided no information regarding employment 2

25%
Graduates not seeking employment that were...
...company sponsored or already employed 3 50%
...continuing their education (after graduation) 4 16%
...postponing their job search 16%
...starting their own businesses 5 0%
...not seeking employment for other reasons 6

16%
Most recent job-seeking graduates who...
...received their first job offer by graduation 78%
...received their first job offer within three months of graduation 0%
...received their first job offer more than three months after graduation 0%
...did not report having received an offer

n/a
Primary source of accepted full-time job offers:
School facilitated activities 78%
Graduate-facilitated activities 22%
No response provided by the graduate

0%
Companies that recruited employment-seeking MBA students for full-time positions on campus in past academic year 27
Companies that posted full-time job offers on the school's job boards in past academic year 70

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Amount paid by school
NHSMBA - annual Oct. Partial


Top 15 recruiting firms that hired the most graduates in the past academic year:
FirmGraduates Hired
1. Citigroup International n/a
2. Ryder n/a
3. Telemundo n/a
4. Johnson & Johnson n/a
5. Burger King n/a
6. Royal Caribbean Cruises n/a
7. Anheuser Bush n/a
8. B/E Aerospace n/a
9. Bank of America n/a
10. Ocean Bank n/a

Historic salary prospects for recent grads (school reported):
200420032002
Graduates who provided usable base salary information89%32%90%
Average starting-base salary 7 (excluding bonuses)$53,375n/a$53,700
Median starting-base salary (excluding bonuses)$52,500n/a$51,000
Average first-year signing bonus$11,666n/a$16,500
Median first-year signing bonus$15,000n/a$14,000
Job-accepting graduates who received a signing bonus33%n/a4%

(1) Seeking full-time professional, MBA-level employment.
(2) No information available includes those graduates who may be seeking employment or who may not be seeking employment, but for whom the school has no reliable information
(3) Includes graduates whose studies were financially sponsored by their employers and are intending to return to those employers, or who were employed while a student and will continue working for that employer.
(4) Enrolled/will enroll in further graduate studies.
(5) Starting a new business as owner. Does not include students accepting jobs with a salary in a new (startup) business.
(6) Other reasons for not seeking employment are those reasons defined by the graduate.
(7) Base salary excludes bonuses, commissions, and other compensation. Should be reported in U.S. dollars.


2004 GRADUATES REPORT

Editor's Note: Based on responses to BusinessWeek Magazine's 2004 survey of graduates.

Historical Graduate Data
 20042002
Median starting base-salary$48,000$30,000
Median signing bonus$10,000$1,000
Median other compensation$1,000$20,000
Median MBA loans$24,000$22,000
Average number of job offers at graduation0.80.9
Average living expenses (not including tuition) over course of program$27,181$31,375
Summer internship resulted in full-time employment6%40%

CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 11%
Finance/Accounting 56%
General Management 22%
Human Resources 0%
Marketing/Sales 22%
Management Information Systems 0%
Operations/Logistics 0%
Other 0%

Graduates accepting in the following industries:
Government (Federal, State, Local, Military) 0%
Manufacturing 33%
Non-Profit (Trade Associations, Religious Organizations, Charities, etc.) 0%
Services (Financial Services, Consulting Services, Other Services) 66%
Other n/a

Graduates accepting jobs in the following regions:
Africa 0%
Asia 11%
Eastern and Central Europe and Central Asia 0%
Latin America and the Carribean 11%
Middle East 0%
North America
 (Canada: n/a / U.S.: n/a  )
77%
Oceania 0%
Western Europe 0%

Graduates accepting jobs within North America:
Canada n/a
Mid-Atlantic U.S. n/a
Midwest U.S. n/a
Northeast U.S. n/a
South U.S. 100%
Southwest U.S. n/a
U.S. Possessions and territories n/a
West U.S. n/a

MBA INTERNSHIPS

Companies that recruited internship-seeking MBA students for internships on campus in past academic year: 20

Companies that posted internships for MBA students on school's job boards during past academic year: 55

Top 15 recruiting firms for internships:
FirmInterns Hired
1. Bank of America 2
2. Citibank 3
3. Citigroup Latin America 1
4. Johnson & Johnson 1
5. Cllick pharmacy 3
6. City of Coral Gables 2
7. Synergy Labs 1
8. US Commercial Service 1
9. Kroll Inc 1
10. Discovery 1
11. Lan Chile Cargo 1
12. Tricom 1
13. IADB 1
14. B/E Aerospace 1
15. Ogilvery 1

Internship compensation:
Paid internships 77%
Average internship compensation (per week) $908
Median internship compensation (per week) $960
Average internship length (weeks) 19

Career services Web site

ALUMNI AFFAIRS

University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? n/a

The B-school has awarded 2,315 MBA degrees since its founding. It has n/a living MBA alumni, and n/a MBA club(s) n/a countries, where B-school alums can participate in school activities and alumni events.

During the past academic year, n/a of MBA 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 since June 2002.

The B-school endowment is U.S. n/a

Information found in this survey was provided on behalf of the B-school by Barry Shiflett

 
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