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2004 FULL-TIME MBA PROFILE
HEC Montreal
HEC Montreal — Intensive MBA
Address: HEC Montreal Registrar's Office
3000 chemin de la Cote Ste-Catherine
Montreal, Quebec H3T 2A7 Canada
E-Mail: mba@hec.ca
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 95%
...were not seeking employment n/a
...provided no information regarding employment 2

54%
Graduates not seeking employment that were...
...company sponsored or already employed 3 1%
...continuing their education (after graduation) 4 n/a
...postponing their job search n/a
...starting their own businesses 5 n/a
...not seeking employment for other reasons 6

4%
Most recent job-seeking graduates who...
...received their first job offer by graduation 18%
...received their first job offer within three months of graduation 38%
...received their first job offer more than three months after graduation 44%
...did not report having received an offer

n/a
Primary source of accepted full-time job offers:
School facilitated activities 33%
Graduate-facilitated activities 48%
No response provided by the graduate

19%
Companies that recruited employment-seeking MBA students for full-time positions on campus in past academic year n/a
Companies that posted full-time job offers on the school's job boards in past academic year n/a

Annual job-searching trips the school coordinates or participates in:
Destination Month offered Amount paid by school
Toronto May Partial


Top 15 recruiting firms that hired the most graduates in the past academic year:
FirmGraduates Hired
1. National Bank of Canada 3
2. Scotia Bank 2
3. L'Oreal Canada 2
4. Future Electronics 2
5. BMO Nesbitt Burns 1
6. Bombardier 1
7. Canadian Tire Corp. 1
8. GE Hydro 1
9. Deloitte Inc. 1
10. General Motors of Canada 1
11. Imperial Oil 1
12. Novartis Pharma Canada 1
13. Procter & Gamble 1
14. RBC Financial Group 1
15. SNC Lavalin Investment 1

Historic salary prospects for recent grads (school reported):
200420032002
Graduates who provided usable base salary information79%85%63%
Average starting-base salary 7 (excluding bonuses)$51,200$48,420$38,760
Median starting-base salary (excluding bonuses)$46,600$44,750$37,800
Average first-year signing bonus$2,000$4,475$2,200
Median first-year signing bonus$1,500$4,475$1,260
Job-accepting graduates who received a signing bonus38%3%10%

(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$44,500$70,000
Median signing bonus$6,000$6,500
Median other compensation$6,000$13,500
Median MBA loans$6,000$12,000
Average number of job offers at graduation1.52.2
Average living expenses (not including tuition) over course of program$18,369$28,829
Summer internship resulted in full-time employment13%11%

CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 21%
Finance/Accounting 14%
General Management 14%
Human Resources n/a
Marketing/Sales 22%
Management Information Systems 8%
Operations/Logistics 6%
Other 15%

Graduates accepting in the following industries:
Government (Federal, State, Local, Military) 2%
Manufacturing 12%
Non-Profit (Trade Associations, Religious Organizations, Charities, etc.) 2%
Services (Financial Services, Consulting Services, Other Services) 17%
Other 67%

Graduates accepting jobs in the following regions:
Africa n/a
Asia 3%
Eastern and Central Europe and Central Asia n/a
Latin America and the Carribean n/a
Middle East n/a
North America
 (Canada: 100% / U.S.: 0)
92%
Oceania 2%
Western Europe 3%

Graduates accepting jobs within North America:
Canada 100%
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 internship-seeking MBA students for internships on campus in past academic year: n/a

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

Top 15 recruiting firms for internships:
n/a

Internship compensation:
Paid internships n/a
Average internship compensation (per week) n/a
Median internship compensation (per week) n/a
Average internship length (weeks) n/a

Career services Web site

ALUMNI AFFAIRS

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

The B-school has awarded 4,925 MBA degrees since its founding. It has n/a living MBA alumni, and 5 MBA club(s) throughout 3 countries, where B-school alums can participate in school activities and alumni events.

During the past academic year, 15% 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. $90.

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

The B-school endowment is U.S. $18,000,000

Information found in this survey was provided on behalf of the B-school by Kathleen Grant

 
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2004:  10 (Non-U.S.)    1994:  --    
2002:  Second tier (Non-U.S.)    1992:  --    
2000:  --    1990:  --    
1998:  --    1988:  --    
1996:  --    
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