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2007 Undergrad Profiles

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2007 UNDERGRAD PROFILE

University of Michigan

Ross School of Business


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 >>

Boston College: Integrating Ethics and Business

The Carroll School of Management offers opportunities for personal growth and networking as students are trained in high-tech classrooms

MORE SCHOOL TOURS >
 

  STUDENT RANKINGS

collegeprowler Campus Reality Guides

Get the lowdown on top colleges from current students who give firsthand reports on the issues that matter to prospective students

 

  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

 

Nominate Your School

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 83% of 2006 graduates

Of 2006 graduates for whom we have information...

90% were seeking full-time professional employment in business

10% were not seeking full-time professional employment in business

For those not seeking employment in business...

  0% of those were already employed at graduation

89% were planning to continue their education immediately after graduation

  0% were postponing their job search

  7% were planning to start their own business

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

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

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...

93% received their first job offer by graduation

  2% received their first job offer within three months of graduation

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

  5% did not report having received an offer

89% accepted their first job offer by graduation

  1% accepted their first job offer within three months of graduation

  0% accepted their first job offer more than three months after graduation

10% did not report havingaccepted an offer


Top 10 recruiting firms that hired the most graduates in the past academic year No. hired
Credit Suisse Group 14
JPMorgan Chase & Co. 12
UBS 10
Goldman, Sachs & Co. 9
Microsoft Corp. 8
Price Waterhouse Coopers LLP; Citigroup; Deutsche Bank AG; Target 7
Bank of America Corp. 6
Ernst & Young LLP; McKinsey & Company; Morgan Stanley; The Bear Stearns Companies Inc. 5
Lehman Brothers; American Express Company; A.T. Kearney Inc. 4
Deloitte & Touche LLP; Z's Associates; ABN AMRO Holding V.V.; CIBC World Markets; Rothschild Inc. 3

Historic Salary Prospects for 2005 Grads (school reported)
Average base salary $ 52,716.00
Median base salary $ 55,000.00
Average signing bonus $ 7,094.00
Median signing bonus $ 7,000.00
Average other guaranteed compensation $ 18,724.00
Median other guaranteed compensation $ 10,250.00

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? No

Finance
(includes corporate finance, investments, treasury and financial analysis, public finance, etc.)
57%
Accounting/auditing   7%
General Management   1%
Human Resources   1%
Marketing/Sales
(includes public relations, product management, market research, advertising, etc.)
11%
Management Information Systems   0%%
Operations   0%
Logistics/Transportation   0%
Other 24%

What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No

Accounting 10%
Consumer Products & Retail   9%
Consulting 13%
Financial Services 53%
Government, Nonprofit, & Education   0%
Health   0%
Manufacturing   3%
Media & Entertainment   0%
Sports & Leisure   0%
Technology & Science   5%
Transportation   1%
UTILITIES   0%
Other   6%

North American Jobs

0% of 2006 graduates accepted jobs in Canada

100% 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)
43%
Mid-Atlantic
(PA, MD, VA, WV, DE, DC)
  3%
South
(NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)
  2%
Southwest
(CO, AZ, TX, OK, NM)
  2%
Midwest
(WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL)
41%
West
(CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)
  6%
U.S. possessions and territories
(America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)
  0%
Canada   0%

INTERNSHIPS

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

NA % of internships were paid.

Average compensation per week $ 778.00
Median compensation per week $ 785.00
Average internship length (weeks)

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
Ernst & Young 13
Credit Suisse Group; Citigroup Inc. 11
Microsoft Corporation; Plante & Morgan PLLC 9
Goldman Sachs Group 8
Pricewatterhouse Coopers LLP; Deutsche Bank AG 7
UBS AG; Bank of America; Lehman Brothers Inc. 6
American Express Company; ABN AMRO Holding N.V.; Merrill Lunch & Co Inc.; Owens Corning 5
S.C. Johnson and Son Inc.; Honeywell International Inc.; Unilever 4
Morgan Stanley; The Bear Stearns Companies Inc.; Mercer Human Resources Consulting; Jefferies & Comp 3
General Motors Corporation; Miller Brewing Company 3

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 $ 4,521.00
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

Stephen M. Ross, Chairman, CEO, The Related Companies

William Davidson, Chairman, President, Guardian Industries Corp.

Samford Robertson, Founding Partner, Francisco Partners


 
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