TenADay’s Blog

ALUMNI

Living MBA alumni:

19,824

Active MBA alumni clubs

32

Countries in which MBA clubs exist

17

Living MBA alumni who gave in past year:

22 %

Mean gift from MBA alumni:

$  900

Median gift from MBA alumni

$  125

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  668,000,000

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

https://alum.mit.edu/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://mitsloan.mit.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 77  %
Graduates not seeking employment: 16  %
Graduates for whom you have no information regarding employment: 7  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 47  %
Percentage who were continuing their education (after graduation): 10  %
Percentage who were postponing their job search: 1  %
Percentage who were starting their own business(es) : 40  %
Percentage who were not seeking employment for other reasons: 2  %

Annual job-searching trips that the school coordinates or participates in:

Destination: New York Banking Day
Month: October
Amount Paid By School: Partial
Destination: Hong Kong Banking Trek
Month: January
Amount Paid By School: None
Destination: Silicon Valley Trek
Month: January
Amount Paid By School: None
Destination: Media/Entertainment LA/NY/Las Vegas
Month: January
Amount Paid By School: None
Destination: London Banking Days/VCPE Trek
Month: November
Amount Paid By School: None

Primary Source of Job Offer

School-facilitated activities: 75  %
Graduate-facilitated activities: 23  %
No information provided by graduate: 2  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 92  %
Received first job offer in three months following graduation: 4  %
Did not report having received a job offer: 4  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

74 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  111,184
Median base salary for most recent graduates: $  113,000
Mean signing bonus for most recent graduates: $  24,828
Median signing bonus for most recent graduates: $  20,000
Mean other guaranteed compensation for most recent graduates: $  24,981
Median other guaranteed compensation for most recent graduates: $  24,500

Graduating students who accepted jobs in the following functional areas:

Consulting: 38  %
Finance/Accounting: 27  %
General Management: 8  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 18  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 8  %
Other: 1  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 1  %
Consulting: 30  %
Consumer Products: 6  %
Financial Services: 30  %
Manufacturing: 5  %
Media/Entertainment: 1  %
Non-Profit: 1  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health care Products: 4  %
Technology: 18  %
Other: 2  %

Graduates who accepted full-time jobs in the following regions:

Asia: 8  %
Latin America and the Caribbean: 1  %
North America: 82  %
Oceana: 1  %
Western Europe: 8  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 48  %
Mid-Atlantic: 5  %
South: 2  %
Southwest: 1  %
Midwest: 5  %
West: 20  %
Canada: 1  %

Top Companies – Internships:

Internships awarded that are paid:

98 %

Mean and median intern compensation per week:

Mean :  1,767
Median:  1,828

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

N/A

Great overall experience, more than just potentially “getting better” at a future job. — Finance

MIT Sloan offers a very friendly and collaborative environment, which breaks the general impression people may have toward B-Schools. Everyone can learn and play comfortably in such a wonderful place. — Operations

The opportunities at MIT Sloan are unmatched by other schools in many areas. I would deinitely urge friends to attend Sloan if they were interested in technology, energy, marketing and finance. — Consulting

For me the MBA experience was extremely positive. I was able to acquire new skills and meet a large group of talented and friendly people. — Finance

My experience at MIT Sloan was life-changing. I gained an entrepreneurial vision and network that is unparalleled. — Entrepreneurship

MIT Sloan excells in equipping students with strong skills in quantitative analysis, financial management and economic theory. — Consulting

I’m very happy with my experience at Sloan. In particular, I was constantly impressed with the caliber of the student body, the number of opportunities available to students (professionally and socially), the team-oriented approach to learning and the strength of the alumni network. — Entrepreneurship

MIT Sloan has a very friendly hard working culture. The students are all down to earth and the professors are accessible. Also, the connection with MIT main campus vastly enhances the opportunities for entrepreneurship and alumni networking. — Marketing

The program exceeded all my expectations and I am definitely better prepared for a successful career. — Consulting

I have built a great network, found a great job, and spent 2 amazing years at MIT Sloan. I think that the school is fantastic for potential applicants who are smart team players, and particularly those focused on entrepreneurship and innovation. — Consulting

The MBA played a critical role in launching my career. I was able to move from a steady corporate job with good pay to an investment management position at a top firm making close to four times my previous pay. — Finance

I was extremely pleased by the MBA program at MIT Sloan. In particular, I completed a dual-degree program (Leaders for Manufacturing Program), which allowed me to take both engineering and management curriculum. — Consulting

Not many of my friends would feel comfortable in such a highly charged, type A environment. — Consulting
I am somewhat skeptical of the value of the MBA broadly, but believe that MIT Sloan did a lot of things well to mitigate these fears. It was a very good blend of project based, textbook based, and case base studies. — Venture Capital/Private Equity

I had a great time at MIT Sloan and met many unbelievably intelligent and interesting people. Working with such accomplished people on a daily basis definitely prepared me for my post-MBA career. — Consulting

The environment is very collaborative and the quality of students is outstanding. I would ask friends to seriously consider their desired career path after school– if you want banking or consulting, a top Bschool is the place for you. Otherwise, you might be ok with a cheaper option. — Marketing

MIT Sloan is not for everyone. If you’re going to business school to check a box and go back to your old investment bank you may not fit in. MIT Sloan is a school of brilliant, energetic, self-motivated, and ultimately humble students who are genuinely interested in leveraging their MBA experience to accomplish their diverse long-term goals. — Consulting

MIT Sloan’s culture is incredibly friendly and down-to-earth, perhaps because so many of the incoming students come from industry and engineering with the intent of returning back into similar roles. I think this makes for a more diverse and interesting alumni. — Entrepreneurship

Sloan is an excellent school to attend but I feel the administration is still not synched with the high quality of the students. — Finance

ALUMNI

Living MBA alumni:

12,593

Active MBA alumni clubs

34

Countries in which MBA clubs exist

14

Living MBA alumni who gave in past year:

21 %

Mean gift from MBA alumni:

$  1,379

Median gift from MBA alumni

$  250

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  245,400,000

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://www.duke.edu/alumni.html

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.fuqua.duke.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 91  %
Graduates not seeking employment: 7  %
Graduates for whom you have no information regarding employment: 2  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 73  %
Percentage who were continuing their education (after graduation): 4  %
Percentage who were postponing their job search: 0  %
Percentage who were starting their own business(es) : 15  %
Percentage who were not seeking employment for other reasons: 8  %

Annual job-searching trips that the school coordinates or participates in:

Primary Source of Job Offer

School-facilitated activities: 72  %
Graduate-facilitated activities: 25  %
No information provided by graduate: 3  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 92  %
Received first job offer in three months following graduation: 3  %
Received first job offer more than 3 months after graduation: 0  %
Did not report having received a job offer: 5  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

84 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  100,136
Median base salary for most recent graduates: $  95,000
Mean signing bonus for most recent graduates: $  24,752
Median signing bonus for most recent graduates: $  20,000
Mean other guaranteed compensation for most recent graduates: $  24,670
Median other guaranteed compensation for most recent graduates: $  19,250

Graduating students who accepted jobs in the following functional areas:

Consulting: 31  %
Finance/Accounting: 32  %
General Management: 10  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 24  %
Management Information Systems (MIS): 0  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 2  %
Other: 1  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0  %
Consulting: 25  %
Consumer Products: 13  %
Financial Services: 31  %
Manufacturing: 10  %
Media/Entertainment: 1  %
Non-Profit: 0  %
Petroleum/Energy: 0  %
Pharmaceutical/Biotechnology/Health care Products: 8  %
Real Estate: 0  %
Technology: 1  %
Other: 11  %

Graduates who accepted full-time jobs in the following regions:

Africa: 0  %
Asia: 13  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 2  %
Middle East: 0  %
North America: 84  %
Oceana: 0  %
Western Europe: 0  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 30  %
Mid-Atlantic: 7  %
South: 15  %
Southwest: 7  %
Midwest: 12  %
West: 11  %
Possessions and territories: 0  %
Canada: 0  %

Top Companies – Internships:

Internships awarded that are paid:

91 %

Mean and median intern compensation per week:

Mean :  1,468
Median:  1,477

Average internship length in weeks:

11

SCHOOL COMMENTS

School Comments:

N/A

I have referred several of my friend’s to my MBA program. The collaborative and supportive culture created a challenging learning environment balanced with flexibility to explore my skills and develop as a leader. Duke’s program is small yet diverse enough that many great lessons came from conversations with my peers in and outside of classrooms. — Marketing

I came to business school to build a network, learn some key skills and obtain a position in general management after school. I loved the experience, met some amazing people and got to really grow through the program. I could not have chosen a better program for myself. I loved the culture at Duke. — Finance

Fuqua has a great culture and we are a very tight knit community. There are several opportunities to be involved and have leadership positions. I grew both professionally and personally from my experience at Fuqua. — Marketing

If you have a family then I would definitely recommend Fuqua as the right school. There is a strong partner network and relatively low cost of living. — Finance

I had such a great time at Duke. It was the best two years of my life. I would recommend it to my peers as a transformational experience, from wherever they are, to becoming a business professional. But I do realize it is not for everyone. That supportive atmosphere may not be what everyone is looking for. — Marketing

I think that the Duke MBA provides the perfect mix between quantitative theroy and qualitative practice. The students, although highly competitive, do not hide information; rather, they are very helpful. Same goes for the professors. — Investment Banking

I had a great experience and have developed tremendously as an individual. I would definitely want my friends to go through a similar experience. — Investment Banking

Excellent relationships with recruiting companies, outstanding health sector management program, renowned faculty. — Consulting

Fuqua is an extremely collaborative and challenging environment. When I reflect on all of the skills I acquired during such a short time along with my personal growth, I would highly advocate business school for anyone who plans to further their career in business. — Marketing

Duke (Fuqua) has a unique culture that may not be liked by everyone. Therefore, my recommendation to attend the program would be based on the colleague’s personality to ensure the right fit between program and person. If someone has that personality, then I would definitely recommend Duke. — Marketing

I like the atmosphere and living environment of Duke University very much. The smart people and faculty also greatly help me in learning the stuffs I really interested. I helped couple of my past colleagues apply and enroll in the class of 2010 already. — Marketing

I would definitely recommend the program, primarily due to the way these last two years have affected my life both professionally and personally. It has been easily the single best decision I have made in my life. — Consulting

Teachers were very passionate, and team-oriented study culture was worthy. Most of all, my brilliant collegue was the greatest asset for me. — Marketing

I had a great experience at Duke. I believe most people would benefit from an MBA, and an MBA from Duke supports most career paths. — Marketing

I feel that I received an extremely well-rounded educational experience at Duke. — Marketing

Not only did Duke exceed my expectations in academics, the people I met, the leadership skills I obtained, and the just new ways of thinking I now have – there is no reason someone should not chose Duke. Someone commented to me after a year at Duke MBA, I have changed, for the better. — Consulting

My MBA program was excellent. I not only received an a strong education but I also had the opportunity to learn from and befriend some of the most intelligent people that I ever met. Diversity is a stable in Duke’s MBA program and I can’t help but believe it gives it a strong advantage. — Marketing

Duke was absolutely the right choice for me. It enabled me to learn the tools necessary to make a drastic career change from education to brand management while meeting some of the most brilliant people I’ll ever know. The professors are truly committed to delivering an effective and challenging learning experience. — Marketing

Duke has a very strong career center and very strong teaching professors. The quality of students admitted needs to be improved. Duke is a hidden gem for those interested in studying finance. The school gets many accolades for its Marketing and Consulting tracks, but Duke has a world class Finance faculty and excellent Finance classes and teaching. — Investment Banking

I have been impressed by the immediate reaction of Duke to the needs and concerns of the students. I have been able to implement new programs and coursework during my two years of attendance. — Venture Capital/Private Equity

I have been continually impressed by the intelligence, leadership, and resilience of my fellow students. During a very difficult time when the scandal broke, there was a defining moment when we either decided to stand together behind the decision, or break apart. — Marketing