Newsmakers

#1 in internship-to-offer conversion

Johnson’s Class of 2012 MBA students came on strong enough in internship-to-job offer conversions to land a number-one ranking among top-30 business schools by Bloomberg Businessweek (Oct. 19). The conversion rate reflects the share of MBA students who returned from their summer 2011 internships with job offers in hand. For Johnson, that share is 74 percent, placing the school above Dartmouth’s Tuck (71.5 percent), the University of Chicago’s Booth (68.8 percent), and others. Numbers are trickling in for internship-based job offers from summer 2012, largely because financial services companies are treading carefully, Fred Staudmyer, assistant dean for Johnson’s Career Management Center, told Bloomberg Businessweek. “The banks are not hiring as aggressively as they did because the investment banking business is not as robust as it has been pre-financial debacle,” he said.