B-Schools That Churn Out ConsultantsBest business schools for consultants by: John A. Byrne on June 22, 2012 | 8 minute read June 22, 2012 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit Leading B-Schools For Applicants Who Want To Go Into Consulting School Percentage of Class of 2011 In Consulting Conversion To Consulting* Average Starting Salary Average Sign-On Bonus 1, Northwestern (Kellogg) 39.0% 70% $124,262 $24,406 1, INSEAD 39.0% 50% $115,424 $21,539** 3. London Business School 36.0% 33% $121,050 $26,044 4. MIT (Sloan) 33.7% 47% $125,709 $22,304 5. Dartmouth (Tuck) 33.0% 50% $126,000 $27,000 6. Emory (Goizueta) 31.0% 68% $115,200 $23,121 6. Oxford (Said) 31.0% 63% $109,198 NA 8. Duke (Fuqua) 30.0% NA $124,150 $23,750 9. Pennsylvania (Wharton) 29.1% 53% $125,000** $20.000** 10. Cornell (Johnson) 28.0% NA $115,100 $21,800 11. Chicago (Booth) 27.8% 62% $125,000** $20,000** 12. Michigan (Ross) 27.6% NA $124,355 $20,000** 13. UC-Berkeley (Haas) 27.1% 4% $126,853 $25,872 14. Stanford GSB 27.0% 59% $123,289 $24,216 15. Carnegie Mellon (Tepper) 24.6% NA $112,215 $20,516 16. Harvard Business School 24.0% 20% $125,000** $20.000** 17. Yale School of Management 23.0% NA $121,189 NA 18. Columbia Business School 22.3% -20% $125,000** $23,608** 19. Virginia (Darden) 20.0% 25% $123,652 $25,745 19. Texas-Austin (McCombs) 20.0% NA $118,900 $23,085 21. New York (Stern) 19.0% 58% $122,996 $26,010 22. Indiana (Kelley) 16.0% NA $102,660 NA 23. UCLA (Anderson) 15.3% 18% NA NA 24. UNC (Kenan-Flagler) 14.0% NA $117,266 $26,724 Source: School employment reports for the Class of 2011 Notes: All statistics for consulting industry, not consulting function which tends to be slightly higher. Conversion to consulting shows the percentage increase of students becoming consultants over the students who enter with consulting industry background ** Only median numbers available DON’T MISS: IN CONSULTING, WHO’S NUMBER ONE? or BCG VERY BULLISH ON MBAS Previous PagePage 3 of 3 1 2 3 © Copyright 2026 Poets & Quants. All rights reserved. This article may not be republished, rewritten or otherwise distributed without written permission. To reprint or license this article or any content from Poets & Quants, please submit your request HERE.