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2004 FULL-TIME MBA PROFILE
Georgia Tech
College of Management
Address: 800 West Peachtree St.
Suite 302
Atlanta, GA 30032-0520
E-Mail: mba@mgt.gatech.edu
Web links: B-school Web site
Directions to school

Getting In Academics & Lifestyle  Careers & Alumni Affairs  Graduate Comments

THE FULL-TIME JOB HUNT

Most recent graduates who...
...were seeking employment 1 78%
...were not seeking employment 21%
...provided no information regarding employment 2

4%
Graduates not seeking employment that were...
...company sponsored or already employed 3 13%
...continuing their education (after graduation) 4 26%
...postponing their job search 39%
...starting their own businesses 5 9%
...not seeking employment for other reasons 6

13%
Most recent job-seeking graduates who...
...received their first job offer by graduation 58%
...received their first job offer within three months of graduation 34%
...received their first job offer more than three months after graduation 1%
...did not report having received an offer

8%
Primary source of accepted full-time job offers:
School facilitated activities 51%
Graduate-facilitated activities 28%
No response provided by the graduate

22%
Companies that recruited employment-seeking MBA students for full-time positions on campus in past academic year 53
Companies that posted full-time job offers on the school's job boards in past academic year 77

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Amount paid by school
National Black MBA Conference (NBMBA) Sept. Partial
National Society of Hispanic MBAs (NSHMBA) Oct. None
Global MBA/Masters Employment Conference Nov. None
Atlanta MBA Consortium Nov. None
New York MBA Consortium Jan. None


Top 15 recruiting firms that hired the most graduates in the past academic year:
FirmGraduates Hired
1. Honeywell; PricewaterhouseCoopers 5
2. Deloitte & Touche 3
3. BearingPoint Consulting; Grant Thornton LLP; IBM; Johnson & Johnson; Standard & Poor's; General Electric 2
4. Delta Air Lines 1
5. Accenture 1
6. Bank of America 1
7. BellSouth 1
8. Booz Allen Hamilton 1
9. The Coca-Cola Company 1
10. The Home Depot 1
11. Mckesson 1
12. MorningStar 1
13. Siemens 1
14. SunTrust 1
15. Tropicana 1

Historic salary prospects for recent grads (school reported):
200420032002
Graduates who provided usable base salary information87%68%92%
Average starting-base salary 7 (excluding bonuses)$68,731$67,605$66,100
Median starting-base salary (excluding bonuses)$70,860$67,000$64,000
Average first-year signing bonus$7,335$7,225$9,024
Median first-year signing bonus$8,112$7,250$6,000
Job-accepting graduates who received a signing bonus38%31%34%

(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$70,000$74,000
Median signing bonus$5,500$7,000
Median other compensation$20,000$12,500
Median MBA loans$13,000$0
Average number of job offers at graduation1.71.1
Average living expenses (not including tuition) over course of program$30,984$30,780
Summer internship resulted in full-time employment35%18%

CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 18%
Finance/Accounting 27%
General Management 7%
Human Resources 0%
Marketing/Sales 12%
Management Information Systems 13%
Operations/Logistics 24%
Other 0%

Graduates accepting in the following industries:
Government (Federal, State, Local, Military) 6%
Manufacturing 26%
Non-Profit (Trade Associations, Religious Organizations, Charities, etc.) 4%
Services (Financial Services, Consulting Services, Other Services) 35%
Other 28%

Graduates accepting jobs in the following regions:
Africa 0%
Asia 4%
Eastern and Central Europe and Central Asia 1%
Latin America and the Carribean 4%
Middle East 0%
North America
 (Canada: 0% / U.S.: 100%)
90%
Oceania 0%
Western Europe 1%

Graduates accepting jobs within North America:
Canada 0%
Mid-Atlantic U.S. 4%
Midwest U.S. 9%
Northeast U.S. 6%
South U.S. 77%
Southwest U.S. 0%
U.S. Possessions and territories 0%
West U.S. 4%

MBA INTERNSHIPS

Companies that recruited internship-seeking MBA students for internships on campus in past academic year: 28

Companies that posted internships for MBA students on school's job boards during past academic year: 69

Top 15 recruiting firms for internships:
FirmInterns Hired
1. Honeywell; Silverstone Racing 4
2. Amgen, Inc; GE; The Home Depot 3
3. Georgia Tech Research Insititute (GTRI); Grant Thornton LLP; Georgia Tech Office of Information Technology 2
4. Bank of America 1
5. BellSouth 1
6. Cox Enterprises 1
7. Earthlink 1
8. Georgia Pacific 1
9. Intel 1
10. UPS Supply Chain Solutions 1
11. S.C. Johnson & Sons 1
12. CitiGroup 1
13. Disney 1
14. Acuity Brands 1
15. Genuine Parts Company 1

Internship compensation:
Paid internships 100%
Average internship compensation (per week) $1,084
Median internship compensation (per week) $1,186
Average internship length (weeks) 11

Career services Web site

ALUMNI AFFAIRS

University offers placement services for MBA alumni? Yes
Current MBA students given access to alumni database? No

The B-school has awarded 2,302 MBA degrees since its founding. It has 2,194 living MBA alumni, and 1 MBA club(s) in 1 country, where B-school alums can participate in school activities and alumni events.

During the past academic year, 22% of MBA alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $80, and a mean gift of U.S. $4,257.

The school has not received a gift in excess of U.S. $10 million since June 2002.

The B-school endowment is U.S. $19,500,000

Information found in this survey was provided on behalf of the B-school by Paula Wilson

 
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