sharingopportunities

Which MBA programs offer you the highest chance to get into consulting?

Which MBA programs have the strongest recruiting on top consulting firms, McKinsey, Bain and BCG (MBB)?
Which MBA programs have the biggest alumni network within consulting?

The work reports released by MBA programs are a fantastic location to begin to find out about the total number of seeking advice from positionings or to view lists of "top employers." However, you'll also desire a breakdown of placement outcomes by company, or by profession changers vs. returning/sponsored students, to understand the complete story of each MBA program's career placement achievements.

Because these metrics are crucial to understand how the track record, network, and historic post-MBA positionings of various organization schools can help you accomplish your career objectives, a brand-new kind of employment report is called for-one that breaks down post-MBA consulting data on a granular level.

For the very first time ever, detailed analysis of post-MBA consulting placements is offered through Menlo Coaching's research team. We have actually evaluated 51,991 student profiles (and counting ...) to give you valuable insights about each MBA program's job positioning history in management consulting, with data organized by:

- Management consulting company (split into MBB vs. other).
"New" vs. "returning" (sponsored) uses.
As an overall variety of students and as a % of the trainee body (so you can properly compare larger and smaller sized MBA programs on an apples-to-apples basis)

And the trends our report exposes may amaze you!

For instance, the MBA programs with the best positioning in the management consulting industry are not HBS, Stanford and Wharton.

Furthermore, several MBA programs not traditionally viewed as frequent feeders to MBB have actually been quickly increasing their positionings at those companies (by as much as 155% over the last two years).

For more details on how we assembled our data and how you can best use the information in your research study into top MBA programs in the US and abroad, see the method section.

Unless otherwise stated, all information in the following areas describes 2020 positionings.

New Placements into MBB

New Placements into MBB: Conclusions

- INSEAD is the international leader in brand-new post-MBA placements into tasks at MBB.

- In the US, University of Chicago Booth is # 1 and Northwestern Kellogg is # 2. This has been a close race, with a tie between the two schools in 2019, and a Kellogg victory in 2018. (See more detail.)

- Kellogg, Tuck and Booth are the top 3 schools by % of the trainee body being positioned into MBB for the very first time, far ahead of the competitors.

- HBS and Stanford were # 1 and # 2 in terms of new MBB positionings as a % of all brand-new consulting placements. MIT Sloan was a strong # 3 on this metric, with 86% of all new consulting positionings being at MBB particularly, which was higher than Wharton's 78%.

Total Placements into MBB

Total Placements into MBB: Conclusions

- INSEAD is the worldwide leader in overall post-MBA placements into jobs at MBB.

- HBS is the # 1 US MBA program, followed carefully by Kellogg, Wharton, and Booth. The strength of HBS's total positioning at MBB partly reflects the reality that HBS admits numerous sponsored MBB consultants. This is a strong efficiency by Kellogg and Booth thinking about that their class sizes are around 1/3 smaller than those of HBS and Wharton.

- Several MBA programs not historically thought about to be target schools for MBB have actually shown unbelievable growth from 2018 to 2020. (See more detail.) - NYU Stern increased by 40%.
Cornell increased by 155.56%.
UNC increased by 83.33%

Total Consulting Placements: Conclusions
linkedin.com
- INSEAD is the international leader in management consulting task placements for 3 years running. No other MBA program has a larger network of alumni in the management consulting market, and no other sends a larger % of its trainee body into the consulting industry.

- In the US, Kellogg and Booth are the # 1 and # 2 MBA programs by total positioning in the management consulting market, an excellent accomplishment considering that their class sizes are around 1/3 smaller than those of HBS and Wharton.

- Tuck holds its own in overall consulting positionings: in spite of lower raw totals due to the fact that of its small class size, it is # 2 among top MBA programs for sending out the highest percentage of the student body into consulting tasks.

Methodology

For details on our general data gathering methodology, click on this link.

In this report, we made one exception to the typical methodology and used stats from INSEAD's official employment report. We did this because of INSEAD's two-term structure (September entry and January entry). This implied that at the time we gathered the data for the report, lots of management consulting task uses for January entry trainees (who finish in December) were known already to the trainees and to INSEAD, and shown in the employment report, but the tasks had actually not yet started and were for that reason not shown in public information sources.

This offers some benefit to INSEAD, since official work report information are generally greater than what's visible in public sources, however this does not alter the conclusions. INSEAD had such a big lead that any reasonable price quote of the (public source vs. personal source) difference, which we evaluated for previous years, would still leave INSEAD as the leader.

We examined management consulting task placements for the graduating classes of 2018, 2019 and 2020 and calculated two main metrics:

Total Consulting Placements

This is the variety of trainees whose very first full-time post-MBA jobs remain in the management consulting market, and it measures the strength of an MBA program's network in the industry.

New Consulting Placements

This is the variety of students whose very first full-time post-MBA jobs are in the management consulting industry, excluding students who returned to their immediate pre-MBA company.

For instance, both of these would count as new consulting placements:

- A trainee who worked pre-MBA at Cisco and post-MBA at Deloitte Consulting.
A student who worked pre-MBA at Roland Berger and post-MBA at McKinsey

This metric steps an MBA program's capability to put profession changers into the consulting market for the first time, or to assist consulting experts to change to a new company.

We measure the metrics in a number of ways:

- As an overall variety of students.
As a % of the trainee body.
As a % of the total consulting positionings

For instance, if you would like to know whether a given MBA program is likely to have alumni within the consulting companies you wish to join, the total variety of students that MBA program places into consulting is the finest predictor.

On the other hand, if you desire to know about your chances to get into the consulting industry for the very first time, the % of the student body that signs up with consulting is an excellent indication. You wouldn't anticipate an MBA program of 300 trainees to position the exact same variety of individuals into consulting as an MBA program with 900 trainees, would you?
indeed.com
And finally, MBB positionings as a % of total consulting positionings is a way to estimate the quality of an MBA program's consulting positionings. For instance, an MBA program like Columbia has many trainees who choose to hire into financing rather than consulting. This reduces the MBB placements as an absolute number and as a % of the trainee body, but must not be taken as an unfavorable sign about Columbia's consulting profession chances. By computing MBB positionings out of overall consulting placements, we prevent penalizing Columbia for its strong finance recruitment portfolio and its many finance-focused students.

Note on class sizes: where possible, class sizes are originated from work reports. If employment reports are not offered or graduating class sizes are not reported, figures reported at enlisting (in class profiles) are utilized.