Placement Report - Eller MBA Programs - University of Arizona
Placement Report - Eller MBA Programs - University of Arizona
Placement Report - Eller MBA Programs - University of Arizona
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PLACEMENT<br />
REPORT<br />
2008<br />
w w w . e l l e r m b a . a r i z o n a . e d u
2008 <strong>Placement</strong> <strong>Report</strong><br />
Office <strong>of</strong> Career Development<br />
Lori Dunlap<br />
Associate Director, <strong>MBA</strong> <strong>Programs</strong><br />
Tamara Farris-Sakellar<br />
Associate Director, Corporate and Alumni Relations<br />
Cynthi Knight<br />
Associate Director, Career Development<br />
The <strong>Eller</strong> <strong>MBA</strong><br />
The <strong>Eller</strong> College <strong>of</strong> Management<br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
McClelland Hall 210<br />
PO Box 210108<br />
Tucson, <strong>Arizona</strong> 85721-0108<br />
Telephone: 520.621.4008<br />
Fax: 520.621.2606<br />
www.ellermba.arizona.edu
2008 <strong>Placement</strong> <strong>Report</strong><br />
I am pleased to present the 2008 <strong>Eller</strong> <strong>MBA</strong> <strong>Placement</strong> <strong>Report</strong>.<br />
This report presents compensation information for the graduating<br />
class and will give you a sense <strong>of</strong> the industries, geographies, and<br />
functions in which our recent graduates have been employed. We are<br />
excited to report an average annual salary increase <strong>of</strong> $2,373 for the<br />
class <strong>of</strong> 2008. This placement statistic reflects a 3.2% increase over<br />
2007. Given the extremely challenging economic conditions, we feel<br />
this is reflective <strong>of</strong> the quality <strong>of</strong> our students and the hard work <strong>of</strong><br />
the Office <strong>of</strong> Career Development.<br />
At <strong>Eller</strong> <strong>MBA</strong>, we fully embrace the process <strong>of</strong> career development.<br />
From the onset, first year <strong>MBA</strong> students participate in career and<br />
pr<strong>of</strong>essional development activities in conjunction with their Business<br />
Communication course and through OCD <strong>of</strong>ferings. The individual<br />
career counseling that we <strong>of</strong>fer encourages students to evaluate their<br />
skills, experiences, and interests and identify functional areas and<br />
industries <strong>of</strong> interest, all <strong>of</strong> which will ultimately lead to the pursuit<br />
<strong>of</strong> target internship opportunities. These activities continue during<br />
the second year and position students to secure employment<br />
opportunities that leverage their skills and experiences and match<br />
their career interests.<br />
The customized services that our team and the overall <strong>MBA</strong> program<br />
provide enable students to select classes and employment<br />
opportunities that will lead to success as they define it. We believe<br />
that our individual and focused approach to career and pr<strong>of</strong>essional<br />
development, combined with the curricular experience, position<br />
our students to make an impact, deliver value, and lead in their<br />
respective organizations.<br />
We are extremely appreciative <strong>of</strong> our corporate partners, recruiters,<br />
<strong>Eller</strong> College administration, alumni, faculty, and external stakeholders<br />
for their support and for partnering with us in the recruiting process.<br />
We look forward to a continued strong relationship in the years ahead.<br />
<strong>Eller</strong> <strong>MBA</strong> Employment Summary 1<br />
Class <strong>of</strong> 2008<br />
Demographic Pr<strong>of</strong>ile<br />
Mean Age 27<br />
Mean Years <strong>of</strong> Work Experience 4.3<br />
Women 30%<br />
International 34%<br />
Ethnic Minorities 16%<br />
<strong>Eller</strong> <strong>MBA</strong> Employment Pr<strong>of</strong>ile<br />
Pr<strong>of</strong>ile <strong>of</strong> the Class <strong>of</strong> 2008<br />
Employment Pr<strong>of</strong>ile<br />
Total <strong>MBA</strong> % <strong>of</strong><br />
Graduates Class<br />
Total Seeking Employment 2 35 66%<br />
Company Sponsored or<br />
Already Employed 3 6 11<br />
Continuing Education 4 8 15<br />
Postponing Job Search 5 0 0<br />
Starting a New Business 6 2 4<br />
Not Seeking for Other Reasons 7 2 4<br />
Total Not Seeking Employment 18 34<br />
No Information Available 0 0<br />
Total Graduates 53 100%<br />
Total<br />
Graduates<br />
Job Offers<br />
Seeking<br />
As <strong>of</strong><br />
Employment At Graduation August 18, 2008<br />
U.S. Citizens; Permanent<br />
Residents 22 64% 78%<br />
Foreign Nationals 13 15% 30%<br />
Total Graduates 35 14% 60%<br />
As <strong>of</strong><br />
Job Acceptances At Graduation August 18, 2008<br />
U.S. Citizens; Permanent Residents 64% 78%<br />
Foreign Nationals 15% 30%<br />
Total Graduates 46% 60%<br />
1 This report conforms to the <strong>MBA</strong> Career Services Council Standards for <strong>Report</strong>ing <strong>MBA</strong><br />
Lori Dunlap<br />
Associate Director, <strong>MBA</strong> <strong>Programs</strong><br />
Employment Statistics and is based on information for 100% <strong>of</strong> the graduating class.<br />
The base salary data is based on information reported by 100% <strong>of</strong> those students who<br />
accepted a job.<br />
2 Seeking full-time pr<strong>of</strong>essional employment.<br />
3 Includes graduates whose studies were financially sponsored by their employers and are<br />
returning to those employers or who were employed while a student and will continue<br />
working for that employer.<br />
4 Enrolled/will enroll in further graduate studies.<br />
5 Includes graduates postponing their job search for a specific reason, e.g., spouse is relocating,<br />
taking a long trip before starting job search.<br />
6 Starting a new business as owner. Does not include students accepting jobs with a salary in a<br />
new business.<br />
7 Other reasons as defined by the student.<br />
2<br />
<strong>Eller</strong><strong>MBA</strong><br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
3
2008 <strong>Placement</strong> <strong>Report</strong><br />
<strong>Eller</strong> <strong>MBA</strong> Employment Summary 8 (continued)<br />
Base Salary by Citizenship 9<br />
% <strong>of</strong><br />
Acceptance Mean Median Salary Range<br />
U.S. Citizens / Permanent Residents 81% $79,111 $76,500 $49,000 - $145,000<br />
Foreign Nationals 19% $70,000 $72,500 $50,000 - $85,000<br />
Total <strong>Report</strong>ing 100% $77,376 $76,500 $49,000 - $145,000<br />
Signing Bonus<br />
% <strong>of</strong><br />
Acceptance Mean Median Range<br />
U.S. Citizens / Permanent Residents 85% $8,355 $7,600 $3,500 - $13,033<br />
Foreign Nationals 15% $10,000 $10,000 N/A<br />
Total <strong>Report</strong>ing 100% $8,608 $10,000 $3,500 - $13,033<br />
Other Guaranteed Compensation 10<br />
% <strong>of</strong><br />
Acceptance Mean Median Range<br />
U.S. Citizens / Permanent Residents 73% $9,556 $5,500 $800 - $36,153<br />
Foreign Nationals 27% $8,333 $10,000 $5,000 - $10,000<br />
Total <strong>Report</strong>ing 100% $9,223 $6,000 $800 - $36,153<br />
Base Salary by Pr<strong>of</strong>essional Function<br />
Function % Accepting New Jobs Mean Median Salary Range<br />
Consulting 9.5% N/A N/A N/A<br />
Finance/Accounting 23.8% $71,500 $76,500 $50,000 - $78,300<br />
General Management 9.5% N/A N/A N/A<br />
Human Resources 0.0% $0 $0 $0<br />
Marketing/Sales 14.3% $73,000 $84,000 $50,000 - $85,000<br />
MIS 9.5% N/A N/A N/A<br />
Operations/Production 0.0% $0 $0 $0<br />
Other 33.3% $80,771 $75,000 $49,000 - $145,000<br />
Base Salary by Industry<br />
Industry % Accepting New Jobs Mean Median Salary Range<br />
Consulting Services 15.0% $69,666 $75,000 $49,000 - $85,000<br />
Financial Services 5.0% N/A N/A N/A<br />
Government 0.0% $0 $0 $0<br />
Manufacturing 40.0% $79,800 $80,250 $65,000 - $93,000<br />
Consumer Products 0.0% $0 $0 $0<br />
Media / Entertainment 0.0% $0 $0 $0<br />
Petroleum / Energy 0.0% $0 $0 $0<br />
Pharma / BioT / Healthcare Products 0.0% $0 $0 $0<br />
Real Estate 0.0% $0 $0 $0<br />
Technology 30.0% $77,083 $78,250 $60,000 - $85,000<br />
Non-Pr<strong>of</strong>it 0.0% $0 $0 $0<br />
Other Services 10.0% N/A N/A N/A<br />
8 Compensation data is only shown where there are at least three data points and is based<br />
on the percent <strong>of</strong> job-accepting graduates who provided useable salary information. All<br />
compensation is expressed in cash and in U.S. dollars. Benefits and perquisites (company<br />
cars, equipment, memberships, etc.) are not equated to cash and therefore not included in<br />
compensation.<br />
9 Base salary excludes bonuses, commissions, and other compensation.<br />
10 Other guaranteed compensation may include other taxable payroll compensation such as a<br />
guaranteed annual bonus and guaranteed “overtime” compensation.<br />
4<br />
<strong>Eller</strong><strong>MBA</strong><br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
5
2008 <strong>Placement</strong> <strong>Report</strong><br />
<strong>Eller</strong> <strong>MBA</strong> Employment Summary 8 (continued)<br />
Base Salary by Geographic Region<br />
Region % Accepting New Jobs Mean Median Salary Range<br />
Northeast 4.8% N/A N/A N/A<br />
Mid-Atlantic 0.0% $0 $0 $0<br />
South 0.0% $0 $0 $0<br />
Southwest 47.6% $65,040 $67,500 $49,000 - $85,000<br />
Midwest 4.8% $0 $0 $0<br />
West 42.9% $81,833 $84,000 $74,500 - $90,000<br />
Possessions 0.0% $0 $0 $0<br />
International 0.0% $0 $0 $0<br />
Base Salary by Undergraduate Major<br />
Undergraduate Major % Accepting New Jobs Mean Median Salary Range<br />
Technical 42.9% $77,377 $76,000 $60,000 - $90,000<br />
Business 28.6% $73,500 $77,350 $50,000 - $93,000<br />
Other 28.6% $81,250 $79,250 $49,000 - $145,000<br />
Base Salary by Years <strong>of</strong> Pre-<strong>MBA</strong> Work Experience<br />
Experience in Years % Accepting New Jobs Mean Median Salary Range<br />
One year or less 19.0% $70,350 $73,200 $50,000 - $85,000<br />
More than one year, up to three years 38.1% $76,125 $67,500 $49,000 - $145,000<br />
More than three years, up to five years 19.0% $84,325 $84,500 $78,300 - $90,000<br />
More than five years 23.8% $79,440 $76,500 $74,500 - $93,000<br />
Total 100.0%<br />
Source <strong>of</strong> Job Acceptances 11<br />
Source Number Percent<br />
All School-Facilitated Activities 12 11 52.4%<br />
(including internships)<br />
All Student-Facilitated Activities 13 10 47.6%<br />
(including internships)<br />
TOTAL FROM ALL ACTIVITIES 21 100.0%<br />
School-Facilitated Internships 1 4.8%<br />
Student-Facilitated Internships 2 9.5%<br />
TOTAL FROM INTERNSHIPS 3 14.3%<br />
Top Recruiting Companies<br />
Deloitte Consulting<br />
E.&J. Gallo Winery<br />
Edmund Optics<br />
Google, Inc.<br />
Honeywell, Inc.<br />
Intel Corporation<br />
Mercer Consulting<br />
Raytheon Missile Systems<br />
The Innova Group<br />
United Technologies<br />
11Only includes data for students accepting jobs on or before three months after graduation.<br />
12Includes but is not limited to (1) scheduled interviews on and <strong>of</strong>f campus, (2) consortia events,<br />
(3) video and telephone interviews, (4) <strong>of</strong>f-campus activities supported by the career center, (5)<br />
job fairs, (6) employer information meetings/dinners, (7) resume books, (8) resume referrals, (9)<br />
web resumes, (10) job postings, (11) third-party sources such as executive recruiters, (12) faculty<br />
referrals, (13) alumni referrals. 51.6% <strong>of</strong> school facilitated activities are interviews arranged<br />
through the Office <strong>of</strong> Career Development.<br />
13Includes but is not limited to (1) previous employer, (2) family and friends, (3) internet, (4) thirdparty<br />
sources such as executive recruiters, (5) direct mail campaigns, (6) newspaper, magazine<br />
and other advertisements. 48.4% <strong>of</strong> student facilitated activities are referrals from friends and<br />
family and opportunities obtained from a previous employer.<br />
6<br />
<strong>Eller</strong><strong>MBA</strong><br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
7
2008 <strong>Placement</strong> <strong>Report</strong><br />
<strong>Eller</strong> <strong>MBA</strong> Class <strong>of</strong> 2009 Internship<br />
Compensation Summary 14<br />
% <strong>of</strong> Acceptances Mean Median Salary Range<br />
U.S. Citizens / Permanent Residents 74% $4,572 $4,000 $800 - $8,600<br />
Foreign Nationals 26% $4,926 $4,000 $3,840 - $8,000<br />
Total <strong>Report</strong>ing 100% $4,664 $4,000 $800 - $8,600<br />
% Receiving Mean Median Range<br />
U.S. Citizens / Permanent Residents 71% $1,466 $1,375 $100 - $3,500<br />
Foreign Nationals 29% $1,360 $1,000 $300 - $4,000<br />
Total <strong>Report</strong>ing 100% $1,435 $1,200 $100 - $4,000<br />
14Compensation data is only shown where there are at least three data points and is<br />
based on the percent <strong>of</strong> internship-accepting graduates who provided useable salary<br />
information. All compensation is expressed in cash, in U.S. dollars. Benefits and<br />
perquisites (company cars, equipment, memberships, etc.) are not equated to cash and<br />
therefore not included in compensation.<br />
15Base salary excludes bonuses, commissions, and other compensation and is based on<br />
a per month schedule.<br />
16Other guaranteed compensation may include other taxable payroll compensation such<br />
as a guaranteed bonus and guaranteed “overtime” compensation.<br />
<strong>Eller</strong> <strong>MBA</strong> Recruiters 2007 - 2008<br />
Accenture<br />
AIMS North Africa<br />
Alvarez & Marsal<br />
Applied Energetics<br />
<strong>Arizona</strong> Auditor General<br />
BAE System (National<br />
Security Solutions<br />
Balboa Capital Corporation<br />
BDO Seidman<br />
Beach Fleischman & Co. PC<br />
BearingPoint<br />
BlueAlly (A Megas<strong>of</strong>t<br />
Company)<br />
BNSF Railway<br />
Bulbstorm Inc.<br />
Calence LLC<br />
California State Controllers<br />
Office<br />
Capital One<br />
Caremark Inc.<br />
CARF International<br />
CBIZ & Mayer H<strong>of</strong>fman<br />
McCann P.C.<br />
Central Intelligence Agency<br />
Cerner Healthcare<br />
Information Technology<br />
Citi<br />
Classified Ventures,<br />
Cars.com/HomeGain<br />
Clifton Gunderson LLP<br />
Crescent Crown Distributing<br />
Cronstrom, Osuch & Company PC<br />
Defense Contract Audit Agency<br />
Deloitte Services LP<br />
DemandTec Inc.<br />
Diamond Ventures Inc.<br />
Direct Alliance<br />
Drysdale Valuation<br />
E.&J. Gallo Winery<br />
Earth Knowledge Inc.<br />
Edmund Optics Inc.<br />
Emerson Embedded<br />
Computing & Power<br />
Ensynch Inc.<br />
Ernst & Young LLP<br />
Federal Bureau <strong>of</strong><br />
Investigation<br />
FedEx Services<br />
FMC Technologies Inc.<br />
Fortex Inc.<br />
Freeport-McMoRan<br />
GenSpring Family Offices<br />
Gilead Sciences Inc.<br />
Global Crossing<br />
Google Inc.<br />
Harrah's Entertainment Inc.<br />
Harry & David Operations Corp.<br />
Heinfeld, Meech & Co. PC<br />
8<br />
<strong>Eller</strong><strong>MBA</strong><br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
9
2008 <strong>Placement</strong> <strong>Report</strong><br />
HSBC Bank<br />
Home LLP<br />
Honeywell Inc.<br />
IBM<br />
Insignia Technology Services<br />
Intel Corporation<br />
Intellitech Communications<br />
Group<br />
Intuit Inc.<br />
Jones Day<br />
Keegan, Linscott & Kenon PC<br />
Kennedy Center for the<br />
Performing Arts<br />
KPMG LLP<br />
LifeScan Inc.<br />
LiveOffice LLC<br />
Los Alamos National<br />
Laboratory<br />
McGladrey & Pullen<br />
Mercer Advisors<br />
Micros<strong>of</strong>t Corporation<br />
Miller, Allen & Co. PC<br />
MRI Medical<br />
NASA – Johnson Space<br />
Center<br />
National Aeronautics and<br />
Space Administration<br />
National Bank <strong>of</strong> <strong>Arizona</strong><br />
National Instruments<br />
Nord Resources Corporation<br />
North Star Resource Group<br />
Northrop Grumman<br />
Corporation<br />
ON Semiconductor<br />
Payless ShoeSource Inc.<br />
P.F. Chang's China Bistro<br />
PetSmart Inc.<br />
Phelps Dodge<br />
PIMCO<br />
PricewaterhouseCoopers LLC<br />
Protiviti Inc.<br />
Qwest Communications<br />
International Inc.<br />
R & A CPAs<br />
Rain Bird Corporation<br />
Raytheon Missile Systems<br />
Regier Carr & Monroe LLP<br />
Ridgetop Group Inc.<br />
RMS IT Innovation &<br />
Technology<br />
Sageworks, Inc. - The Makers<br />
<strong>of</strong> Pr<strong>of</strong>itCents<br />
Salt River Project (SRP)<br />
Sandia National Laboratory<br />
Schreiber Foods Inc.<br />
Semiconductor Diode Lasers<br />
Shamrock Foods Company<br />
Shenkarow Realty Advisors<br />
(SRA)<br />
Soaring Heights Communities<br />
LLC and Actus Lend Lease LLC<br />
Sogeti USA<br />
Solar Industries Inc.<br />
Sony Pictures Entertainment<br />
Southern California Edison<br />
Statistical Research Inc.<br />
Stryker Endoscopy<br />
Systems & Methods Inc. (SMI)<br />
TEKsystems Inc.<br />
Texas Instruments Inc.<br />
Textura LLC<br />
The <strong>Arizona</strong> Historical Society<br />
The Dial Corporation – A<br />
Henkel Company<br />
The Fairfax Companies<br />
The Innova Group<br />
The McGraw-Hill Companies<br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
Time Inc.<br />
TM Inc.<br />
Toyota Motor Sales, USA, Inc.<br />
United Technologies<br />
Corporation<br />
US Airways<br />
US Army<br />
US Army Audit Agency<br />
US Comptroller Of The<br />
Currency<br />
USG Corporation<br />
(United States Gypsum<br />
Corporation)<br />
Vanguard<br />
Veeco Metrology Group<br />
Vens<strong>of</strong>t Inc.<br />
Ventana Medical Systems, Inc.<br />
Verizon Business<br />
VISA International<br />
Walbro Engine Management<br />
Yudelson Associates<br />
Hiring <strong>Eller</strong> <strong>MBA</strong>s<br />
The Office <strong>of</strong> Career Development (OCD) facilitates both the<br />
internship and full-time recruiting processes. Our team works<br />
directly with recruiters to obtain employment opportunities and<br />
communicate them to our students. We also organize interview<br />
schedules and associated logistics and details if so desired.<br />
On Campus Recruiting<br />
We host companies that would like to schedule campus<br />
interviews for full-time and internship recruiting and make<br />
our interview rooms and related services available during the<br />
recruiting visit. The interview scheduling and logistics are<br />
coordinated based on the information provided by the<br />
company on our Recruiting Information Form located at<br />
www.ellermba.arizona.edu/recruit/forms/recruit.aspx<br />
The full-time recruiting season begins in the fall and our<br />
second-year <strong>MBA</strong> students are not expected to begin working<br />
with the hiring organization until after their May graduation.<br />
The internship recruiting season also begins in the fall and our<br />
first-year <strong>MBA</strong> students may begin working with the hiring<br />
organization at the end <strong>of</strong> spring semester (mid May).<br />
Company Presentations<br />
Company presentations are a great forum for companies to<br />
showcase their company and career opportunities, as well as<br />
meet potential candidates for full-time or internship positions.<br />
We can accommodate requests to conduct a presentation and<br />
provide assistance in communicating this event to our<br />
students. These are typically done in the early evening.<br />
10<br />
<strong>Eller</strong><strong>MBA</strong><br />
The <strong>University</strong> <strong>of</strong> <strong>Arizona</strong><br />
11
2008 <strong>Placement</strong> <strong>Report</strong><br />
Additional Event Forums<br />
Companies that participate in on-campus recruiting may also<br />
invite students to participate in a “meet and greet” lunch,<br />
dinner and/or a reception that precedes the interview date.<br />
These events, like the company presentations, are opportunities<br />
for students to learn more about the company and interact<br />
directly with recruiters and hiring managers in an environment<br />
conducive to longer conversations. The company<br />
representatives may coordinate these events and students are<br />
contacted directly by a representative, or OCD is involved in<br />
the coordination and students are notified by OCD on behalf<br />
<strong>of</strong> the organization.<br />
Resume Collections and Referrals<br />
We can facilitate your interview process by collecting resumes<br />
<strong>of</strong> interested candidates and then referring those resumes that<br />
meet your pre-described requirements. To initiate this process,<br />
the company submits a job description and pertinent requirements<br />
relevant for the pre-selection process. We then forward<br />
resumes that have met those requirements for the recruiters’<br />
review and consideration. Companies may consider holding<br />
campus interviews or make other interview arrangements<br />
directly with the selected candidates.<br />
For more information about our recruiting processes, please<br />
contact us at 520.621.4008 or visit our web site at:<br />
http://www.ellermba.arizona.edu/recruit/process.aspx<br />
12<br />
<strong>Eller</strong><strong>MBA</strong>
McClelland Hall<br />
P.O. Box 210108 • Tucson, <strong>Arizona</strong> 85721-0108<br />
520.621.2566 • fax: 520.621.2606<br />
w w w . e l l e r m b a . a r i z o n a . e d u