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2007 Undergrad Profiles

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2007 UNDERGRAD PROFILE

Drake University

College of Business and Public Administration


GETTING IN ACADEMICS & LIFESTYLE CAREERS & ALUMNI AFFAIRS STUDENT COMMENTS


BusinessWeek Special Report

Best Undergrad B-Schools: Recruiting is up, salary offers are higher, and there are major changes in our Top 50 undergrad business programs

Plus slide show: The Top 25 Schools

Does Your School Make the Grade? Four things to consider when applying

Grading the Schools The methodology behind our undergraduate business program ranking

Minor Solution to Major Problem More undergrads are minoring in business to shore up their credentials in the job market

Make Your Own Ranking: Our interactive table allows you to rerank 93 schools according to criteria you select

Return on Investment For the biggest bang for the buck head south

Experience Wanted Some programs excel at placing interns

Cracking the Books At most schools two hours of studying a day is enough



  School Tours >>

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  Video >>

Job Market

Many big employers are expected to cut thousands of jobs in the months ahead. How bad could it get and where should employees look for opportunities? We talk with an executive recruiter





  COMMUNITY >>

Undergrad Forums

Ongoing conversations about college life, finding internships, landing a job, and more

 

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Fill out this simple form no later than Aug. 15, 2007, to nominate your school for BusinessWeek's 2008 ranking of undergraduate business programs


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THE FULL-TIME JOB HUNT

The school has information regarding the employment of 70% of 2006 graduates

Of 2006 graduates for whom we have information...

75% were seeking full-time professional employment in business

25% were not seeking full-time professional employment in business

For those not seeking employment in business...

22% of those were already employed at graduation

72% were planning to continue their education immediately after graduation

  1% were postponing their job search

  1% were planning to start their own business

  4% of those not working were doing so for other reasons

154 companies recruited business students on campus from June 30, 2005 to June 30, 2006

702 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006

Of 2006 Job-seeking Graduates...

NA % received their first job offer by graduation

NA % received their first job offer within three months of graduation

NA % received their first job offer more than three months after graduation

NA % did not report having received an offer

NA % accepted their first job offer by graduation

NA % accepted their first job offer within three months of graduation

NA % accepted their first job offer more than three months after graduation

NA % did not report havingaccepted an offer


Top 10 recruiting firms that hired the most graduates in the past academic year No. hired
Wells Fargo 11
Principal Financial Group 8
John Deere and Company; Allied/Nationwide 7
Ernst & Young 6
Towers Perrin; State of Iowa 4
Mercer; Pioneer Hi-Bred/DuPont; Drake Univ.; Aegon USA; Cahaba GBA; Milliman; McGladrey and Pullen 3
Pella; Hy-Vee; Deloitte and Touche; KPMG, Marsh, Amerus 2

Historic Salary Prospects for 2005 Grads (school reported)
Average base salary $ 40,500.00
Median base salary $ 39,000.00
Average signing bonus NA
Median signing bonus NA
Average other guaranteed compensation NA
Median other guaranteed compensation NA

CAREER DIRECTIONS

What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? Yes

Finance
(includes corporate finance, investments, treasury and financial analysis, public finance, etc.)
31%
Accounting/auditing 22%
General Management   2%
Human Resources   9%
Marketing/Sales
(includes public relations, product management, market research, advertising, etc.)
26%
Management Information Systems   5%%
Operations   5%
Logistics/Transportation   0%
Other   0%

What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? Yes

Accounting 21%
Consumer Products & Retail   0%
Consulting 14%
Financial Services 20%
Government, Nonprofit, & Education   1%
Health   2%
Manufacturing   0%
Media & Entertainment 19%
Sports & Leisure   1%
Technology & Science   1%
Transportation   1%
UTILITIES   0%
Other 20%

North American Jobs

% of 2006 graduates accepted jobs in Canada

99% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:

Northeast
(ME, VT, NY, NH, CT, MA, NJ, RI)
  4%
Mid-Atlantic
(PA, MD, VA, WV, DE, DC)
  2%
South
(NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)
  3%
Southwest
(CO, AZ, TX, OK, NM)
  4%
Midwest
(WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL)
85%
West
(CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)
  2%
U.S. possessions and territories
(America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)
  0%
Canada NA %

INTERNSHIPS

105 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006

98% of internships were paid.

Average compensation per week $ 195.00
Median compensation per week $ 185.00
Average internship length (weeks) 16

356 companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006


Top 10 Recruiting Firms for Internships No. interns
Principal Financial Group 10
Wells Fargo; Ernst and Young 8
Allied/Nationwide 7
Aegon; CCA; The Hartford; John Deere & Co.; KPMG 3
Towers Perrin 2

ALUMNI AFFAIRS

15% of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006

Of those who contributed...

The average gift was $ 1,100.00
The median gift was $ 100.00

From June 30, 2005 to June 30, 2006, the undergraduate business program Did not receive any individual gift in excess of $10 million

Prominent Alumni

Mark Ernst, President/CEO/Chairman, H&R Block

George Cohon, Senior Chairman, McDonald's - Canada

Larry Zimpleman, President/COO, Principal Financial Group


 
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