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Class of WG’98 Scores High on Job Offers
The high-tech/telecommunications
industry strengthened its position as the third largest employer
of MBAs, with 5.9 percent of the class of 1998 accepting jobs
in that sector as opposed to 5.6 percent in 1997.
Overall, 97.4 percent of the 1998 MBA graduates reported
at least one job offer as of July 15. Almost that many — 97
percent — reported accepting jobs in 49 different industries.
Consulting continued to be the industry of choice for
more than a third of the class — 35.5 percent, compared to
29.7 percent last year. Investment banking/brokerage attracted
the second highest number — 28 percent, compared to
24.5 percent last year. Diversified financial services was the
fourth highest, with 4.9 percent, and commercial banking
the fifth highest, with 2.9 percent.
As might be expected given the strong trend in technology,
the West coast — led by San Francisco — attracted a
record number of graduates.
Of the 16.8 percent of graduates taking positions abroad,
7.3 percent were in Asia, 5.7 percent in Europe, 2.7 percent in
Latin America and 0.3 percent in both Canada and Australia.
Positions with international responsibility were reported
by 35.7 percent of the class.
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