October 15, 2008

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

Rankings and Profiles: In-depth data on more than 100 undergrad business programs

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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

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

Experience Wanted Some programs excel at placing interns

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2006 UNDERGRAD B-SCHOOL PROFILE

The University of Iowa

Henry B. Tippie College of Business

Undergraduate Business Program

Address:

108 Pappajohn Business Building
The University of Iowa, Tippie College of Business
Iowa City, IA
US 52242-1994

Program E-Mail

Program Web site

Getting In

Academics & Lifestyle

Careers & Alumni Affairs

Student Comments

THE FULL-TIME JOB HUNT

The school has information regarding the employment of 63.00% of 2005 graduates

Of 2005 graduates...

75.00% were seeking full-time professional employment in business

25.00% were not seeking employment

73.00% were already employed

22.00% were planning to continue their education immediately after graduation

N/A% were postponing their job search

N/A% were planning to start their own business

5.00% of those not working were doing so for other reasons

108 companies recruited business students on campus from June 30, 2004 to June 30, 2005

502 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2004 to June 30, 2005

Of 2005 job-seeking graduates...

N/A% received their first job offer by graduation

N/A% received their first job offer within three months of graduation

N/A% received their first job offer more than three months after graduation

N/A% did not report having received an offer

Top 10 recruiting firms that hired the most graduates in the past academic year

PricewaterhouseCoopers	13
Principal Financial	10
Deloitte & Touche	9
LaSalle Bank	8
KPMG; Target Corp.	7
Accenture; Cerner Corp; Enterprise; Ernst & Young	6
Aegon; Cardinal Health; Hewitt Associates	5
Harris-Nesbitt; U.S.Army; US Bank; Wells Fargo	4
Too many to list	3
Too many to list	2

Historic Salary Prospects for 2005 Grads (school reported)
Of graduates providing usable salary information
Average base salary	$38,295
Median base salary	$37,500
Average signing bonus	$3,125
Median signing bonus	$2,000
Average other guaranteed compensation	$N/A
Median other guaranteed compensation	$N/A

CAREER DIRECTIONS

1% of 2005 graduates who accepted jobs did so in the following function areas

Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.)	31.00%
Accounting/auditing	18.00%
General Management	18.00%
Human Resources	N/A%
Marketing/Sales (includes public relations, product management, market research, advertising, etc.)	25.00%
Management Information Systems	5.00%
Operations	N/A%
Logistics/Transportation	N/A%
Other	3.00%

Share of 2005 graduates who accepted jobs did so in the following industries

Government (includes federal, state, local, military)	4.00%
Manufacturing	10.00%
Non-Profit (includes trade associations, religious organizations, charities, etc.)	0%
Services	82.00%
Other	4.00%

99.00% of 2005 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)	2.00%
Mid-Atlantic (PA, MD, VA, WV, DE, DC)	0%
South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS)	3.00%
Southwest (CO, AZ, TX, OK, NM)	2.00%
Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL)	89.00%
West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY)	3.00%
U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands)	0%
Canada	0%

INTERNSHIPS

56 companies recruited internship-seeking undergraduate business students on campus from June 30, 2004 to June 30, 2005

186 companies posted internships for undergraduate business students on school job boards from June 30, 2004 to June 30, 2005

Top 10 Recruiting Firms for Internships

The University of Iowa	46
Merritt Research	8
Aegon, Inc.	7
Principal Financial	6
Wal-Mart Corp.	5
Mid-American Securities	4
Walt Disney World	3
Iowa State Bank and Trust	2
Too many to list	1

77.00% of internships were paid.

Average compensation per week	$392.00
Median compensation per week	$380.00
Average internship length (weeks)	10

ALUMNI AFFAIRS

6.00% of living undergraduate business alumni contributed to the program/university some time between June 30, 2004 and June 30, 2005

Of those who contributed...

The average gift was	$625.00
The median gift was	$50.00

From June 30, 2004 to June 30, 2005, the undergraduate business program has not received any individual gift in excess of $10 million

Prominent Alumni

Henry B. Tippie	Chairman of the Board Dover Motorsports/Dover Downs Gaming & Entertainment
Marvin A. Pomerantz	Chairman and CEO The Mid-America Group
John Pappajohn	President Equity Dynamics