Business School Gets Positions For 78 Per Cent of Graduates

Seventy-eight per cent of the 395 men who graduated from the Business School last June have already obtained permanent positions, it was learned yesterday from E. F. Wright '24, assistant dean of the Business School. The average salary of these 309 men is between $100 and $125 a month.

At this time last year, between 80 and 85 per cent of the graduating class had permanent positions, and the average salary was slightly higher. However, the placement service of the school has redoubled its efforts this year and expects to do fully as well in placing graduates, as was done last year when business conditions were better.

A large proportion of last year's graduating class have found jobs in retail selling outlets such as department stores, retail branches of mail order houses, and chain stores. Many of the positions were quite ordinary but they provide a better path to future executive positions than almost any other jobs available at the present time. There were few banking and accounting positions open to the graduates of the school this year.

Many Salesman Jobs

The work of the placement bureau has been helpful in finding positions for graduates especially in a depression year. In a normal year the placement bureau finds positions for about 50 per cent of the men graduating, but this year, the proportion is much larger and in addition, it has been very much harder to find positions. Other men are usually able to secure their own jobs. Last spring, the School encouraged the second-year men to start looking for jobs on their own initiative.

Out of the 345 men graduating from the Business School in June 1931 who applied to the Placement Bureau of the School for positions, only 35 remain unplaced. The total number of degrees granted was 383, but 22 of these failed to answer inquiries and offers of assistance, eight were foreign students and eight were engaged in further study or travel, leaving a total of 345 men.