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Winter 2002 CalBusiness  
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Career Center and Alumni Work Together to Place New Grads

Despite a changing economy, 87% of the MBA Class of 2001 found employment within 3 months of graduation. The role of alumni in recruiting Haas students continues to be crucial, since many of the recruiters coming to campus continue to be Haas or UC Berkeley alumni. "The Haas alumni community has really come together to support our efforts," says Abby Scott, director of MBA Career Services.

The average base salary for 2001 MBA graduates was $94,300 and the average bonus was $46,800, up from $90,000 and $45,600 in 2000. Graduates accepted positions in a variety of different industries, but financial services was the top sector for the Class of 2001, followed closely by technology and consulting.

After a record year in 2001, Career Center officials have seen the number of on-campus interviews drop significantly in 2002. As a result, alumni have stepped in to help keep their companies on campus by participating in career panels, networking events, and firm nights. With a reduction in the number of formal recruiting opportunities, students are taking advantage of the more informal ones and continue to draw on Haas alumni for contacts in the business world.

"It's wonderful to see the Haas network respond to students requests for informational interviews and business contacts," says Scott.

If you would like to help a Haas student further his or her career goals, please contact the Career Services office for more information: www.haas.berkeley.edu/careercenter or 510-642-8124.

Career Choices of Berkeley MBA Class of 2001

Top Industries
Financial Services 32%
Consulting 26%
Technology 24%
Top Functions
Finance 35%
Consulting 29%
Marketing 17%
General Management 14%

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