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February 17, 1983/The Maroon Tiger/Page 13
Senior Calendar-2nd Semester
Tuesday, April 12 - Last day for remov
ing “I" grades for First Semester, 1982-83
Academic Year.
Friday, April 15 - Last day for paying
graduation fee ($43.00) and all college
bills. Graduation fee includes cost for cap
and gown, hood, diploma and other
expenses related to graduation.
Monday, April 25 - Begin picking up
requests for “Clearance for Graduation”
form. Forms are available for pick-up in
the Registrar’s Office.
Thursday, April 28 - Senior Day
Friday, April 29 - Last day for filing
application for graduation for work to be
completed in May, 1983.
Thursday, May 5 - Friday, May 6 - Final
Examinations for Seniors.
Monday, May 16 - Friday, May 20 - Pick
up cap and gown from the Registrar’s
Office. No caps and gowns will be issued
on Saturday, May 21.
Wednesday, May 20 - Last day for
processing request for “Clearance for
Graduation" form.
Saturday, May 21 - Baccalaureate Exer
cises.
Sunday, May 22 - Commencement
Exercises.
NOTE: Near the end of April 1983, the
Academic Dean will issue a memorandum
to graduating seniors outlining the
schedule for baccalaureate and com
mencement activities.
M.B. A. Salary Survey
Average Salaries
Function
Finance
Lending
Marketing
General Management
Planning
Personnel
Information Systems
Other
Salary
$24,500
22,600
23,400
24,800
26,900
21,700
23,000
24,100
Industry
Accounting firms 20,036
Advertising & Public Relations 23,055
Aerospace 23,514
Automotive 26,055
Banking: Commercial 23,000
Chemicals 24,549
Communications: non-utility 25,481
Construction; real estate development 23,552
Consulting firms 33,862
Consumer products 24,138
Electrical/electronic 23,762
Energy 25,232
Financial services: insurance 21,676
Foods & Beverages 24,138
Government & nonprofit 21,075
Instruments 25,369
Machinery & Tools 23,547
Metals & Mining 24,400
Packaging & Glass 24,264
Paper & Forest Products 23,469
Pharmaceuticals 23,758
Publishing & Printing 24,589
Retailing 22,820
Service industries: hospital/health 22,667
Service industries: travel, hotel 22,514
Textiles 23,795
Transportation 23,233
Utilities: telephone, gas, electric 22,864
Self-employed 28,208
What the recent grad can expect
Until a few years ago, a master’s
degree in business administration
provided the ticket to the fast track in
business. But as that ticket becomes
more common, the advanced degree
has become necessary just for a chance
to get in line for those high-paying
executive jobs.
In fact, the 400 business schools in
the United States have been turning
out prospective executives in droves.
In June 1980, 53,070 students received
M.B.A. degrees, as compared with
21,599 in 1970 and a mere 4,643 in 1960.
Even though these new graduates are
jostling one another for jobs, com
panies still want the degree and many
consider it a requirement for entry-
level jobs for future managers. In
addition, many companies use ad
vanced management techniques and
want their middle - and upper - level
employees well schooled in those
sophisticated methods.
The class of 1980 garnered an
average starting salary of $24,085,
according to the Association of M.B.A.
Executives. But salaries vary widely
depending on the school you graduate
from, the geographic location you
choose to work in, and the specialty
field you studied. New graduates of
top business schools, such as Harvard,
Stanford, Chicago, and Wharton,
averaged about $30,500 in their first
year, while graduates of the University
of Tennessee business school averaged
$17,000 Regional variations in starting
salary ranged from a high in New
England - - an average of $28,663 - - to a
low in the Southwest - - $20,799.
Starting salaries for M.B.A.’s in New
York City averaged $25,615. They were
slightly lower in Los Angeles, Chicago,
and Boston. In Houston or the
Dallas/Fort Worth area, M.B.A.’s
began at $21,139 and $21,392, respec
tively. In San Francisco, new M.B.A.’s
earned an average of $23,508.
Among the most common
specialties are accounting and taxa
tion, computers, economics, finance,
management, and marketing. At the
low end of the salary scale in 1980 were
accountants, who started with an
average salary of $20,100. At the high
end, the new glamour boys of industry,
the management consultants, started
at $29,800. Top graduates of a good
school with a little business experience
can earn as much as $35,000 to $45,000
in their first year as management
consultants. The hours are long and
the travel frequent, but the industry
attracts thousands of business school
graduates who want to deal with top-
level problems right away. About 600
firms employ about 22,000 indepen
dent consultants in the United States.
Even though business schools have
come under criticism lately for turning
out unimaginative, narrow-minded
managers interested only in short-term
profit-making, the future still looks
bright for the M.B.A. All indications
are that business still wants executives
to have the degree. This is especially
true for women, who now make up
25% of all business school graduates in
the United States.
Editor's Note: The American Almanac
of Jobs and Salaries by John W. Wright.
Copyright ©1982 by John W. Wright.
Reprinted by permission of Avon
Books.
F reelance Anyone?
Additional income ... More
money ... Extra cash ... No matter
how you say it, everyone is
looking for ways to find it. Those
with writing, photography, com
mercial art, and music talent can
make their skills pay off with the
new 1983 editions of these
market directories: Writer’s
Market®, Photographer’s
Market®, Artist’s Market®, and
Songwriter’s Market® (Writer’s
Digest Books).
Over the years freelancers
have come to regard these
directories as indispensable
because of their completeness
and abundance of current infor
mation. Each year obsolete
listings (and those that have
proven to be unreliable) are
pulled out and hundreds of
brand new markets and bits of
new information are added.
These changes are vitally impor
tant to any freelancer because
effort and money spent contac
ting a buyer who is out of
business or who has changed his
buying needs can mean a direct
loss of income.
The 1983 Writer’s Market (936
pages; $18.95) has 600 new
markets, and more than 85% of
the 4,000 listings contain new
information. These listings in
clude buyers of every type of
writing - - books, articles, plays,
short stories, novels, greeting
cards, scripts, and fillers - - and
give detailed information on
whom to contact, plus the ad
dress, pay rates, and specific
editorial needs. In addition to
the listings, writers will find 15
“Close-Up” interviews with
editors and agents who give an
inside look at the writing profes
sion, plus helpful articles with
information on how much to
charge, copyrights, recordkeep
ing, query letters, submitting
manuscripts, and other topics.
The 1983 Photographer’s
Market (576 pages; $14.95) lists
3,000 buyers of freelance photos,
including magazine and book
publishers, stock photo and
advertising agencies, record
companies, and galleries. There
are 350 brand new listings and
75% of all the listings contain
new information. Each listing
gives the name and address of
the buyer, what they pay, photo
specifications, and how to sub
mit pictures. This new edition
also contains tips on how to sell
photos; advice on such topics as
pricing, taxes, insurance, and
recordkeeping; 10 “Close-Up”
interviews with successful
freelancers, buyers and others;
and dozens of examples of
photos that have sold to markets
listed in the book, with detailson
Short Term Positions
On-the-job experience is
almost a necessity today in order
to land a good job, so look to the
annual directory which lists
16,000 temporary positions
providing a wide range of ex
perience: 1983 Internships,
edited by Colleen Cannon
(Writer’s Digest Books; $10.95,
paper).
To obtain a copy of 1983
Internships, send $10.95, plus
$1.50 postage and handling, to:
Writer’s Digest Books, 9933
Alliance Road, Cincinnati, Ohio
45242. Or call toll-free 1-800-543-
4644 (outside Ohio) for credit
card orders.
Best Ten Schools
In History
by Alton Hornsby, Jr.
Professor of History, Chairman,
Department of History, and
Editor, Journal of Negro History,
Morehouse College
My selections in this survey are
based upon the following
criteria:
1) Wealth — Ability to finance
good programs;
2) Library holdings and
research facilities — extent of
and adequacy of;
3) Professional reputation of
faculty and quantity of black
faculty;
4) Record in production of
black Ph.D holders.
Rankings: 1) Duke University;
2) Yale University;
3) Howard University;
4) Kent State University;
5) University of Chicago;
6) University of North
Carolina, Chapel Hill;
7) Stanford University;
8) University of California,
Berkeley;
9) Purdue University;
10) (TIE) Louisiana State Un
iversity, Howard University and
University of Texas.
how they were shot and/or sold,
and for what price.
The 1983 Artist’s Market (528
pages; $14.95) includes 400 new
markets for commercial artwork
- - everything from illustrations
and graphic design to technical
art and product design. Each of
the 3,000 listings tells whom to
contact, the address, special
requirements, and pay rates, and
70% of the listings contain new
information. Articles on how to
sell artwork, preparing a port
folio, and other topics are in
cluded along with interviews
with successful commercial ar
tists and buyers of artwork, plus
thirty illustrations of artwork that
has sold to listings in the book.