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2004 FULL-TIME MBA PROFILE
University of Kentucky
Gatton College of Business and Economics
Address: Gatton College of Business and Economics
University of Kentucky
Lexington, KY 40506
E-Mail: ukmba@uky.edu
Web links: B-school Web site

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THE FULL-TIME JOB HUNT

Most recent graduates who...
...were seeking employment 1 40%
...were not seeking employment n/a
...provided no information regarding employment 2

13%
Graduates not seeking employment that were...
...company sponsored or already employed 3 62%
...continuing their education (after graduation) 4 8%
...postponing their job search 23%
...starting their own businesses 5 0%
...not seeking employment for other reasons 6

7%
Most recent job-seeking graduates who...
...received their first job offer by graduation 59%
...received their first job offer within three months of graduation 24%
...received their first job offer more than three months after graduation n/a
...did not report having received an offer

17%
Primary source of accepted full-time job offers:
School facilitated activities 46%
Graduate-facilitated activities 54%
No response provided by the graduate

0%
Companies that recruited employment-seeking MBA students for full-time positions on campus in past academic year 37
Companies that posted full-time job offers on the school's job boards in past academic year 37

Annual job-searching trips the school coordinates or participates in:
n/a


Top 15 recruiting firms that hired the most graduates in the past academic year:
FirmGraduates Hired
1. Toyota n/a
2. Steak n'Shake n/a
3. Lexmark n/a
4. Cinergy n/a
5. Carpenter Mountjoy and Bressler n/a
6. Sherwin Willliams n/a
7. AGC Automotive n/a
8. Host Communications n/a
9. Kunkel Pharmacy n/a
10. Marion Dupont Equine n/a
11. Merefield Insurance n/a

Historic salary prospects for recent grads (school reported):
200420032002
Graduates who provided usable base salary information52%88%65%
Average starting-base salary 7 (excluding bonuses)$55,352$70,260$52,246
Median starting-base salary (excluding bonuses)$56,000$45,000$50,000
Average first-year signing bonus$11,667$8,700$7,829
Median first-year signing bonus$15,000$5,000$5,000
Job-accepting graduates who received a signing bonus30%50%30%

(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.

CAREER DIRECTIONS

Graduates accepting jobs in the following function areas:
Consulting 21%
Finance/Accounting 14%
General Management 7%
Human Resources n/a
Marketing/Sales 30%
Management Information Systems 7%
Operations/Logistics n/a
Other 21%

Graduates accepting in the following industries:
Government (Federal, State, Local, Military) 7%
Manufacturing 43%
Non-Profit (Trade Associations, Religious Organizations, Charities, etc.) 7%
Services (Financial Services, Consulting Services, Other Services) 43%
Other n/a

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

Graduates accepting jobs within North America:
Canada n/a
Mid-Atlantic U.S. 7%
Midwest U.S. 21%
Northeast U.S. n/a
South U.S. 71%
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:
FirmInterns Hired
1. Ashland Oil 2
2. Lexmark 2
3. Host Communications 3
4. One Alliance n/a
5. Prudential FInancial Services n/a
6. KY World Trade Center n/a
7. Lexington Legends n/a
8. Carpenter Mountjoy and Bressler n/a
9. Alltech n/a
10. Pricewaterhouse Coopers n/a
11. HVS Consulting n/a
12. Dean Dorton and Ford n/a
13. Walmart n/a

Internship compensation:
Paid internships n/a
Average internship compensation (per week) $272
Median internship compensation (per week) $250
Average internship length (weeks) 25

ALUMNI AFFAIRS

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

The B-school has awarded 2,547 MBA degrees since its founding. It has 2,513 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, 13% of MBA alumni gave to the school's fund-raising efforts. They gave a median gift of U.S. $61, and a mean gift of U.S. $604.

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

The B-school endowment is U.S. $52,799,151


ADDITIONAL SCHOOL COMMENTS

The MBA program has undergone major revisions due to take effect autumn 2005 pending approval by the University Graduate Council and the Board of Trustees. If approved, the new MBA program will be entirely different in structure and content than at present. Data on financial aid refers only to students who applied for scholarships, assistantships and fellowships. The school does not keep data on students who apply for loans through the University financial aid office.



Information found in this survey was provided on behalf of the B-school by Michael Tearney

 
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