Accordingly, the list of targets schools can only be pieced together indirectly from multiple sources such as school placement statistics and firm networking events. "All-In" Package: 1 school, starting at $6,900. We then screened for job title, only selecting junior and mid-level consultant titles. We set the cut-off at 80 hires per year. It is also important to note that the schools above are MBA-level targets. MBA Interview Prep: Starting at $575 for Video Interview/Video Essay only. There are truly a lot of people who end up doing a 1 or 2-years master's program immediately after their undergraduate program who end up going into consulting. Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;rPDF Unmatched Mba Admissions Insight Top 10 Business Schools Where Grads Earn the Most in Consulting - e-GMAT School Nurse- School nurses are employed by the Anne Arundel County Department of Health. Contribute to our Q&A forum and ask the community your question! In addition to evaluating how you can activate INSEAD's motto, Pachisia suggested thinking through your own unique offering. The NESCAC schools in particular all do great for consulting. The list goes on, meaning that parent universities are often the #1 undergraduate feeder into an MBA program. Learn more about why companies hire management consultants and what consultants actually do! "Apply only when you are absolutely sure that you cannot do any better with the essays," Pachisia said, noting that he went through at least 15 to 20 edits for his essays over a span of three months, often asking different people to read it. In fact, this number is only increasing as competition for talent intensifies, forcing the MBB firms to widen their recruitment pool (check out our article on consulting industry trends in 2022 to learn more). I dont think its controversial to say that these firms are a clear tier ahead of their competition. Manlow leveraged her INSEAD MBA to pivot from banking in New York at firms including Deutsche Bank to founding her own artisan chocolate company in Belgium, Cocoa Journey. Columbia placing the majority of people into McKinsey). a GDPR, to your data being processed in the USA. "With INSEAD's short and intense program, we have to do things decisively, including working on our flaws right from day one," he said. Harvard and University of Pennsylvania stand alone on this zenith of capitalist expression. The McKinsey list differs significantly from the other two big global consultancies. The site has gathered data from its huge community of members to pinpoint which undergraduate institutions leading consulting firms commonly recruit and hire from. With the hefty disclaimer on data out of the way, lets finally tickle the insatiable part of our brain that rewards us for feelings of esteem and prestige. But is that really the case? Copyright 2023 Poets&Quants, Inc. All Rights Reserved. If you're interested in how Canadian schools perform, you should check out a similar exercise that Atila completed. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r Weaker Targets We set the bracket for this tier between 50 and 80 hires. While many of the colleges and universities are also target schools for non-MBAs, there are some differences: some of them do not place well outside their MBA programs, whereas other non-listed institutions (such as top liberal art colleges Williams and Amherst) might have a strong placement history for their non-MBA programs. <p> Targets at all 3 Harvard (National) Yale (National) Princeton (National) Stanford (National) MIT (National) Penn (National) Duke (National) Dartmouth (National) Brown (National) Northwestern (Chicago offices) U of Michigan (Chicago offices) Cal Berkeley (San Francisco offices) Georgia Tech (Atlanta offices) UNC (Atlanta offices) The top 19 undergrad institutions - all US schools except Chile's Pontificia UC - have between 5 and 25 admits. There are some great other firms out there: Oliver Wyman, for example, or LEK which is a little bit smaller and has a good reputation MBB is still where everyone wants to be, but the Deloittes of the world, the PwCs, all have great practices and can provide a great career in consulting. With this in mind, there are two main ways one can overcome the target school advantage: Sure, you might not have an elite school on your resume, but that does not mean your resume is immediately inferior to those with an elite school on them. Duke was the sixth highest feeder college, with 23 students, just behind Princeton. As an aside, I think this is also why investment banking is relatively more popular and why many once hopeful consultants end up pivoting to finance. For a number of MBA programs, The United States Military Academy at West Point ranks as a top feeder undergraduate institution (and West Point ranks #11 overall). All these factors result in the students of the school being better prepared for the rigorous recruitment process employed by top firms. Like the big, , consulting firms also have their favorites. Where McKinsey, Bain & BCG Hire Their $165K-A-Year MBAs - Yahoo Finance Top Targets Harvard and University of Pennsylvania have placed ~2x the amount of people into MBB than the following targets. Every year, hundreds of candidates join the MBB firms from non-target schools. Brussels-based Cathy Manlow is an INSEAD MBA graduate of the class of 2010 and an MBA admissions consultant at Stacy Blackman Consulting. The advice still rings true: financial institutions are still some of the best feeder companies to top business schools. Consulting Career Path Roles, Salary, Progression.
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