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2007 Undergrad Profiles

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2007 UNDERGRAD PROFILE

Wake Forest (Calloway)

Calloway School of Business and Accountancy


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 96% of 2006 graduates

Of 2006 graduates for whom we have information...

68% were seeking full-time professional employment in business

32% were not seeking full-time professional employment in business

For those not seeking employment in business...

  0% of those were already employed at graduation

83% were planning to continue their education immediately after graduation

  0% were postponing their job search

  2% were planning to start their own business

15% of those not working were doing so for other reasons

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

386 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
Bank of America Corp.; Wachovia Corp. 6
Navigant Consulting 4
BB&T, General Electric, Merrill Lynch 3
Blackbaud, Bloomberg, Corporate Executive Board, Emerson Electric, Lehman Brothers, T. Rowe Price 2
Vanguard, Waterstone Capital Advisors 2
Cambridge Associates, First Annapolis Consulting, GMAC Insurance, Marsh USA, Pfizer, Sara Lee, etc. 1

Historic Salary Prospects for 2005 Grads (school reported)
Average base salary $ 47,736.00
Median base salary $ 50,000.00
Average signing bonus $ 4,520.00
Median signing bonus $ 3,000.00
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? No

Finance
(includes corporate finance, investments, treasury and financial analysis, public finance, etc.)
35%
Accounting/auditing   2%
General Management   9%
Human Resources   0%
Marketing/Sales
(includes public relations, product management, market research, advertising, etc.)
15%
Management Information Systems   3%%
Operations   0%
Logistics/Transportation   0%
Other 35%

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

Accounting   2%
Consumer Products & Retail   1%
Consulting 11%
Financial Services 41%
Government, Nonprofit, & Education   4%
Health   4%
Manufacturing 10%
Media & Entertainment   4%
Sports & Leisure   3%
Technology & Science   7%
Transportation   0%
UTILITIES   0%
Other 13%

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)
23%
Mid-Atlantic
(PA, MD, VA, WV, DE, DC)
19%
South
(NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)
47%
Southwest
(CO, AZ, TX, OK, NM)
  1%
Midwest
(WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL)
  7%
West
(CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)
  3%
U.S. possessions and territories
(America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)
  0%
Canada   0%

INTERNSHIPS

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

84% of internships were paid.

Average compensation per week $ 581.00
Median compensation per week $ 520.00
Average internship length (weeks) 10

225 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
PricewaterhouseCoopers 25
Ernst & Young, KPMG 9
Bank of America Corp. 5
Deloitte & Touche, BB&T 4
Merrill Lynch 3
20th Century Fox, Echostar, Morgan Stanley, Scharf Pera, UBS, Wachovia 2

ALUMNI AFFAIRS

14% 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 $ 398.00
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

Joseph Luter, III, Chairman and CEO, Smithfield Foods

Jeffrey William Kentner, President and CEO, State Street Companies

Frederick W. Eubank, Chief Investment Partner, Wachovia Corporation


 
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