Class Profile

(Full-time MBA and MS students entering fall 2003)
Enrollment	118
Average GMAT	662
Years of Work Experience	4.3
Average Age	28
Women	33%
Minority	11%
International	30%

Fall 2003 Tuition (Semester)

Resident	$4,525
Non-resident	$12,244

Average GMAT Scores of Entering Students

1994	603
1996	597
1998	613
2000	636
2002	632
2003	662

Curriculum

Year One	Year Two
First Semester	First Semester
Accounting	Strategy
Financial Management	Career Specialization and Elective Courses
Marketing Management
Operations Management
Career Specialization
Business Leadership
Second Semester	Second Semester
Data Analysis and Decision Making	Ethics
Motivation/Leadership	Career Specialization and Elective Courses
Career Specialization
Business Leadership

2003 EMPLOYMENT REPORT FOR MBA AND MS STUDENTS

Base Salary for Full-time Positions Base Salary for Full-time Positions

$68,852 average

$70,000 median

$30,000 - $102,000 range

Sign-on Bonus (52% received)

$11,903 average

$12,750 median

$3,000 - $23,000 range

Other Guaranteed Compensation (10% received)

$11,163 average

$5,000 median

$3,600 - $41,250 range

JOB ACCEPTANCE

Base Salary for Full-time Positions Base Salary for Full-time Positions
62.2%	of those seeking employment of those seeking employment accepted a job by graduation. accepted a job by graduation.
7.8%	accepted a job in the fi rst three months accepted a job in the fi rst three months following graduation.
6.7%	accepted a job more than three accepted a job more than three months after graduation. months after graduation.
23.3%	had not accepted a job as of had not accepted a job as of September 30, 2003.
Figures are for master’s students who graduated from Figures are for master’s students who graduated from the School of Business in August/December 2002 and May 2003 with either an MBA or MS degree.

 

 

New Full-Time MBA

Real Focus, Real Success

In 2003, the School of Business began implementation of a new, focused MBA program. The goal: to become the school of choice for students with a clear career focus.

The faculty, staff and students designed a new curriculum to support a variety of career specializations that will defi ne the UW-Madison MBA.

Our new program design emerged from the existing strengths of the school in specialized programs. As part of the new program, students entering in fall 2004 will have a common core curriculum that occupies most of their fi rst year. Specialized preparation begins the fi rst semester of the program and is the primary focus the second year.

MBA Career Specializations

• Accounting
• Applied Corporate Finance
• Applied Security Analysis
• Arts Administration
• Entrepreneurial Management
• Information Systems
• Marketing Research
• Operations and Technology Management
• Product Management Product Management
• Real Estate and Urban Land Economics
• Risk Management and Insurance
• Strategic Human Resource Management
• Strategic Management in the Life and Engineering
• Supply Chain Management

Centers of Expertise

• Bolz Center for Arts Administration
• Center for Product Management
• Center for Urban Land Economics Research
• Erdman Center for Operations and Technology Management
• Grainger Center for Supply Chain Management
• Stephen L. Hawk Center for Applied Security Analysis
• Nicholas Center for Applied Corporate Finance
• A.C. Nielsen Center for Marketing Research
• Weinert Center for Entrepreneurship

The goal is to develop a “Center of Expertise” around each career specialization. These centers share many critical characteristics that drive success, including:

• A faculty director with expertise and a desire to lead an applied academic program
• Dedicated support staff with expertise in the area
• Applied curriculum
• A community of students who seek a career in the field
• An executive advisory board
• Dedicated space to meet and work
• An endowment to cover operating costs, including student support

Center Success Stories

A sampling of the many strengths of the center-based approach:

A Decade of Meaningful Internships The year 2003 marked the tenth consecutive year that 100 percent of MBA students in the Grainger Center for Supply Chain Management accepted a summer internship or semester-long co-op. Because students typically enter the program with more than fi ve years of relevant work experience, employers are asked to assign students to high-profi le and meaningful projects, hold them to the same performance expectations as full-time employees, assign them a mentor and allow them to meet and interact with corporate executives. Grainger Center students interned with Best Buy Co., Guidant Corp., Harley- Davidson, Hewlett-Packard, IBM Corp., Kraft Foods, Lands’ End and Schreiber Foods, Inc.

Involvement of Finance Practitioners With more than 30 years of experience, the Applied Security Analysis Program (ASAP) is a successful training ground for careers in the investment fi eld. A theoretical foundation is blended with fi rst-hand experience of the rigors of managing real money. Student teams managed more than $12 million in equities, REITs and fi xedincome assets in 2003 and carried the responsibility for all investment decisions. Students also benefi t from frequent interaction with investment professionals. Most Fridays during the academic year, students have the opportunity to interact with investment professionals from around the globe. In 2003, more than 30 practitioners shared their experiences with students.

New Support for Product Management The first students in the newly created Center for Product Management entered the MBA program in 2003. Serving on the new program’s Executive Advisory Board are distinguished leaders from some of the world’s preeminent companies: Intuit, Procter & Gamble, Kraft, Kimberly- Clark, General Mills, Sara Lee, Campbell’s and Guidant. Board member companies are committed to recruiting students from the Center for Product Management for internships and full-time positions upon graduation. In the fi rst summer of the program, 100 percent of students were placed with leading firms.

Looking Ahead

In 2004, the Graduate Programs Offi ce will become the MBA Program Offi ce, refl ecting the new structure
of the graduate business program. The fi rst class of students to experience the new MBA curriculum will
enter in fall 2004.