Stanford Business

For the Record:
Placement Report: MBA Class of 2002

February, 2003

INDUSTRY ANALYSIS
Industry	Percentage of Class	Median Base Salary	Median Total Compensation
Service (78 percent)
Management Consulting Investment Banking/Brokerage E-Commerce/Internet Investment Management Private Equity Consumer Services Financial Services Hedge Funds Nonprofit/Government Venture Capital Entertainment/Media Other	25 11 8 6 5 4 4 3 3 3 2 4	$100,000 $ 85,000 $ 90,000 $100,000 $110,000 $ 81,000 $ 85,000 $100,000 $ 75,000 $125,000 $ 64,000 $ 87,500	$135,500 $140,000 $115,000 $155,000 $195,000 $ 95,000 $125,000 $200,000 $ 85,000 $175,000 $ 70,500 $113,000
Manufacturing (22 percent)
Consumer Products Biotech/Pharm/Medical Computers (Software) Industrial/Equipment Networking/Telecom Products Computers (Hardware) Other	5 4 4 3 3 1 2	$ 82,000 $ 95,000 $ 95,000 $ 84,500 $ 95,000 $ 80,000 $ 95,000	$110,000 $120,000 $131,000 $ 92,000 $105,500 $ 97,000 $120,000
AT A GLANCE
Top functions Consultant: 26 percent Brand/Product/Marketing Manager: 12 percent Investment Banker: 12 percent Total compensation Median: $130,000 (down 10 percent from previous year) Range: $18,000–$300,000 Base salary Median: $95,000 Range: $18,000–$185,000 Top five career choice factors Compatibility with people in firm Opportunity for broader career Intellectual stimulation Early responsibility Compensation package/potential Top employers (hired five or more ’02 grads, in alphabetical order) Bain & Company The Boston Consulting Group Inc. Goldman, Sachs & Company McKinsey & Company Microsoft Corporation Morgan Stanley Dean Witter Siebel Systems Inc. Miscellaneous Average number of job offers per student: 2 Graduates starting entrepreneurial ventures: 26 Graduates going to private companies: 56 percent; public companies: 41 percent; nonprofits: 3 percent Change in industry from pre-MBA: 71 percent International focus: 13 percent of positions are based outside the United States; 53 percent of positions are international in scope.

Source: Stanford Business School Career Management Center

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For the Record: Placement Report: Class of 2002

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