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CAREER SERVICES
Percent of 2009 graduates who provided employment information:
33  %

Seeking full-time employment in business: 94  %
Not seeking full-time employment in business: 6  %

Number of companies recruiting undergraduate students on campus in previous academic year:
360

Companies posting full-time job offers on school job boards, previous academic year:
3,037

Career services provided for business majors:
Career Counseling/Coaching, Resume and Cover Letter Critiques, Mock Interviews and Training, Job Search and Negotiation Coaching, Alumni Networking Program, Employer Directories, Annual Career Fairs, On-line Job Posting, On-Campus Interviews, Professional Development Workshops for Internship and Co-Op Programs

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Job offer results, 2009 graduates:

Received first job offer by graduation: 79  %
Received first job offer in three months following graduation: 16  %
Received first job offer more than 3 months after graduation: 5  %
Accepted first job offer by graduation: 63  %
Accepted first job offer in three months following graduation: 30  %
Accepted first job offer more than 3 months after graduation: 7  %

Top hiring firms:



KPMG LLP
  

Ernst & Young
  
Boeing Company
  
PricewaterhouseCoopers
  
Exxon Mobil Corp.
  
International Bus. Machines
  
Merrill Lynch
  
Sears Holdings
  
Johnson & Johnson
  
Kimberly-Clark

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Booz Allen Hamilton
  
Deloitte Touche Tomatsu
  
AT&T
  
UBS
  
Procter & Gamble
  


Other Hiring Firms:

Dick's Sporting Goods
PNC Bank
Towers Perrin
Target
GEICO
Frito-Lay
Grant Thorton
Wells Fargo
General Electric


Graduate compensation:

Mean base salary: $  51,900
Median base salary: $  52,000
Mean signing bonus: $  4,100
Median signing bonus: $  4,050

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Grads accepted jobs in following functional areas:

Consulting: 15  %
Finance/Accounting: 39  %
General Management: 5  %
Human Resources: 1  %
Management Information Systems: 2  %
Marketing/Sales: 17  %
Operations/Production: 12  %
Logistics/Transportation: 4  %
Other: 5  %

Grads accepted jobs in following industries:

Accounting: 17  %
Consumer Products/Retail: 16  %
Consulting Services: 9  %
Financial Services: 18  %
Government/Education: 6  %
Pharma/Biotech/Health: 1  %
Manufacturing: 3  %
Petroleum/Energy: 3  %
Real Estate: 2  %
Sports/Leisure: 1  %
Technology/Science: 4  %
Transportation: 3  %
Utilities: 1  %
Other: 16  %

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Percentage of job acceptances, US and Canada:

US: 100  %

Grads accepted jobs in the following US regions:

Northeast: 18  %
Mid-Atlantic: 68  %
Midwest: 4  %
South: 3  %
Southwest: 2  %
West: 5  %

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INTERNSHIPS
Number of companies recruiting interns on-campus, 2008-09 academic year:
362

Companies posting internships on job boards, previous academic year:
544

Top internship recruiters, 2008-09:



Johnson & Johnson
  

KPMG LLP
  
Merrill Lynch
  
PricewaterhouseCoopers
  
Ernst & Young
  
Goldman Sachs Group
  
Target Corp.
  
General Electric
  
Morgan Stanley
  
Deloitte Touche Tomatsu
  
Unilever
  
Boeing Company

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Other Internship Recruiters:
Penn State University 29 Kohl's 15 PNC Bank 14 Dick's Sporting Goods 13 Tyco 12 Bristol-Meyers 12 Altria 11 University of Pittsburgh Medical Center 11 Giant Eagle 10 Smith Barney 9

Percentage of internships that were paid, previous academic year
93  %

Mean internship compensation per week:
$  700

Median internship compensation per week:
$  685

Average internship, in weeks:
13

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Although Penn State is a university with over 40,000 students and has a very large business program, it makes it seem as if you are at a small university within the business program. You can always find someone with whom you can talk, who will help you.

As a marketing major, I have had the opportunity to gain plenty of experience with real life examples and simulations. I have worked on at least three serious group projects per semester every semester since sophomore year. I feel very comfortable speaking in front of groups and doing presentations. During my internship, I worked with students who go to great schools, such as University of Pennsylvania, Notre Dame, and NYU, and I felt as though I could not only compete but excel.

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As a supply chain major, the business school is amazing in terms of our endless opportunities. They have a career fair specifically for companies recruiting this major and sponsor all sorts of sessions on professional development or case competitions that are specific to us. I can not imagine a program with better opportunities.

Being at such a large school, the business program is small and prestigious. Most students know the majority of their classmates in their major specific courses and you always seem to find a friendly face. The Business Building is state of the art and every student and faculty member takes pride in what Smeal has to offer. Smeal is a strong business program that provides the opportunity for every student to succeed.

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Great teachers and new, up-to-date facilities make classes interesting and comfortable. Penn State offers many services to prepare students for the work force, such as career fairs, resume reviews, etc. The student body also has a lot of pride in the school.

I believe our business program is unique because we have outstanding professors and an alumni network that is second to none. Everywhere you go in this world, you will find someone who has a link to Penn State. This kind of connection is extremely valuable, and as I noticed with my J&J co-op, creates a bond between business professionals and myself.

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