Columbia | Mr. Old Indian Engineer
GRE 333, GPA 67%
Harvard | Mr. Athlete Turned MBB Consultant
GMAT 720, GPA 3.4
Ross | Mr. Civil Rights Lawyer
GMAT 710, GPA 3.62
Stanford GSB | Mr. Co-Founder & Analytics Manager
GMAT 750, GPA 7.4 out of 10.0 - 4th in Class
Cornell Johnson | Ms. Environmental Sustainability
GMAT N/A, GPA 7.08
Chicago Booth | Ms. CS Engineer To Consultant
GMAT 720, GPA 3.31
Chicago Booth | Mr. Private Equity To Ed-Tech
GRE 326, GPA 3.4
Cornell Johnson | Mr. Trucking
GMAT 640, GPA 3.82
Ross | Mr. Low GRE Not-For-Profit
GRE 316, GPA 74.04% First Division (No GPA)
Harvard | Mr. Marine Pilot
GMAT 750, GPA 3.98
Harvard | Mr. Climate
GMAT 720, GPA 3.4
Stanford GSB | Mr. Seeking Fellow Program
GMAT 760, GPA 3
Harvard | Mr. Army Intelligence Officer
GRE 334, GPA 3.97
Harvard | Ms. Data Analyst In Logistics
GRE 325, GPA 4
McCombs School of Business | Mr. Comeback Story
GRE 313, GPA 2.9
Cornell Johnson | Ms. Green Financing
GRE 325, GPA 3.82
Harvard | Mr. Gay Singaporean Strategy Consultant
GMAT 730, GPA 3.3
Berkeley Haas | Mr. Bangladeshi Data Scientist
GMAT 760, GPA 3.33
Ross | Ms. Packaging Manager
GMAT 730, GPA 3.47
Columbia | Mr. MD/MBA
GMAT 670, GPA 3.77
MIT Sloan | Mr. Marine Combat Arms Officer
GMAT 710, GPA 3.3
Ross | Mr. Automotive Compliance Professional
GMAT 710, GPA 3.7
Darden | Mr. MBB Aspirant/Tech
GMAT 700, GPA 3.16
Kellogg | Mr. PM To Tech Co.
GMAT 720, GPA 3.2
Duke Fuqua | Mr. Chess Professional
GRE 317, GPA 8.7
Stanford GSB | Mr. Deferred Asian Entrepreneur
GMAT 720, GPA 3.4
Yale | Mr. IB To Strategy
GRE 321, GPA 3.6

In Consulting, Which B-School Is No. 1?

Which business school is number one in sending MBAs into the consulting industry? Northwestern University’s Kellogg School of Management, according to a new survey of more than 4,500 consultants by Vault.com. Harvard Business School, whose case study teaching method was made for consulting, is second. Chicago, Wharton, and Michigan round out the top five, says Vault.

But is Kellogg really number one?  Probably not. It’s far more likely that Harvard would have gotten the nod if prestigious McKinsey & Co. had participated in the survey. McKinsey has been one of Harvard’s top three employers for decades and also recruits more MBAs from top business schools than any other firm. Yet, Vault concedes that only 20 McKinsey consultants answered their survey through LinkedIn.

Among the Class of 2009, for example, McKinsey hired 50 MBAs from Wharton, 46 from Columbia, 26 from Kellogg, 23 from Chicago, 21 from London, 15 from Berkeley, and 10 from Michigan. Though Harvard does not report these statistics, it is estimated that McKinsey hired as many as 100 Harvard MBAs alone in 2009. So the consulting giant’s absence from the Vault survey raises significant credibility issues with the results. Concedes Carolyn Wise, Vault’s senior education editor: “McKinsey is a feeder of students for Harvard and a very strong employer of Harvard MBAs.”

In contrast, Boston Consulting Group hired 31 MBAs from Wharton’s Class of 2009, 23 from Kellogg, 21 from Columbia, 10 from London, nine from Chicago, five from Michigan, and four from Berkeley. Bain, another prestige strategic consulting firm, carted away 20 Columbia MBAs, 19 from Kellogg, 18 from Wharton, 16 from Chicago, 10 from Michigan, and six from London.

Vault also crunched its numbers by major cities and regions of the U.S. In Silicon Valley, for example, Stanford was number one, followed by Berkeley’s Haas School of Business, MIT’s Sloan School and then, surprisingly, by Michigan’s Ross School of Business. In the southwest, Emory’s Goizueta School of Business tied with Harvard for having the most MBAs employed in consulting. “Emory is extremely strong in Atlanta and Charlotte,” says Wise.  “It really dominates which is something you may know, but it is astounding that they are not a more prominent, national school. That is true for both the business and the law schools.”

The most significant conclusion? Wise says it’s the fact that the top 10 schools produce the lion’s share of consultants. “It was a ski slope-style curve,” she adds. “After the top 10 to 14 schools, it really dropped off. The biggest takeaway for me is the rush toward the most elite business schools. Degrees from lower-tiered MBA programs do not have the value they used to. If you want a job at a top consulting firm, you need to focus on the most elite school you can get into.”

One thing to keep in mind while looking at these lists: Vault did not adjust for the size of the MBA program, even though its ranking is merely derived from the total number of MBAs in consulting from each school. So Dartmouth, MIT, and Stanford, whose annual output of elite MBAs is on the lower side, does not do as well as the larger schools, such as Harvard, Wharton, Kellogg, Chicago, and Columbia.

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Vault’s Top Ten Schools for Consulting
1. Northwestern (Kellogg)
2. Harvard Business School
3. Chicago (Booth)
4. Pennsylvania (Wharton)
5. Michigan (Ross)
6. Columbia
7. Duke (Fuqua)
8. MIT (Sloan)
9. Stanford
10. New York University (Stern)

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Vault’s Top B-Schools for Consulting in New York
1. Harvard Business School
2. Columbia
3. New York University (Stern)
4. Pennsylvania (Wharton)
5. Northwestern University (Kellogg)

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Vault’s Top B-Schools for Consulting in Boston
1. Harvard Business School
2. MIT (Sloan)
3. Dartmouth College (Tuck)
4. Pennsylvania (Wharton)
5. Chicago (Booth)

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Vault’s Top B-Schools for Consulting in Atlanta
1. Emory (Goizueta)
2. Harvard Business School
3. Duke University (Fuqua)
4. Pennsylvania (Wharton)
5. UNC (Kenan-Flagler), Virginia (Darden)

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Vault’s Top B-Schools for Consulting in Washington, D.C.
1. Virginia (Darden)
2. Pennsylvania (Wharton)
3. Northwestern (Kellogg)
4. Carnegie Mellon (Tepper)
4. Georgetown (McDonough)
4. Harvard Business School

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