Harvard | Mr. Student Product Manager
GMAT 760, GPA 3.4
London Business School | Ms. FANG Tech
GRE 321, GPA 3.7
Harvard | Mr. PE Strategist
GRE 326, GPA 3.6
Columbia | Mr. CPA
GMAT 720, GPA 3.5
Wharton | Mr. Digital Health Start-Up
GMAT 710, GPA 3.3
Cornell Johnson | Mr. Sports Management
GMAT 690, GPA 3.23
Darden | Mr. International Trade
GRE 323, GPA 3.6
Harvard | Mr. Health Clinic Founder
GRE 330, GPA 3
Said Business School | Mr. Strategy Consulting Future
GMAT 720, GPA 3.98
Stanford GSB | Mr. Robotics
GMAT 730, GPA 2.9
Stanford GSB | Mr. Aspiring Tech Entrepreneur
GMAT 690, GPA 3.4
London Business School | Mr. Supply Chain Latino
GRE 320, GPA 3.4
Duke Fuqua | Mr. Operations Manager
GRE 328, GPA 3.1
Harvard | Ms. Media Entertainment
GMAT 740, GPA 3.3
Wharton | Mr. Private Equity Analyst
GRE 320, GPA 3.3
INSEAD | Mr. Jumbo GMAT
GMAT 770, GPA 3.7
Wharton | Mr. Basketball To B-School
GRE 334, GPA 3.73
Harvard | Mr. E-Sports Coach
GRE 323, GPA 5.72/10
INSEAD | Ms. Insightful Panda
GMAT 700, GPA 87.5%
NYU Stern | Mr. Bioinformatics
GMAT 710, GPA 3.7
Harvard | Mr. Impact Investment
GMAT 760, GPA 3.2
Chicago Booth | Mr. Nonprofit-ish
GRE 333, GPA 3.81
INSEAD | Ms. Humble Auditor
GMAT 710, GPA 3.56
London Business School | Mr. Investment Finance
GMAT 750, GPA 2.2
Chicago Booth | Mr. Corporate Development
GMAT 740, GPA 3.2
Georgetown McDonough | Ms. Healthcare Tech
GMAT 680, GPA 3.2
Chicago Booth | Mr. Civil Engineer
GMAT 770, GPA 8.9/10

Where Top MBAs Work In Finance

consultantThe biggest bucks in the MBA world typically go to graduates who venture into Wall Street. That’s where the big bonus money tends to be, the kind of cash that can dramatically inflate one’s income, particularly if you are anywhere near high stakes deal making.

If you want to work in finance, it makes sense to target the business schools that send graduates to the firms for which you want to work. Looking at a school’s latest employment report is certainly a start. But we’ve done something better. Poets&Quants has dug through the database of LinkedIn member profiles to find out how many MBAs from the Top 25 schools work at the leading financial service institutions.

Though hardly definitive, searches of LinkedIn’s database provide a fascinating and fairly accurate glimpse at what you could call the “market penetration” of a school’s MBAs in any one firm. Sure, not everyone has a profile on LinkedIn, though people who fail to list with the world’s number one professional network are certainly in the minority at this point. It’s also possible that LinkedIn’s search algorithm could be slightly askew and count undergraduate business majors from schools such as the University of Pennsylvania’s Wharton School and Indiana University’s Kelley School of Business, which both have large undergrad programs.

NYU’S STERN SCHOOL DOES VERY WELL–DUE TO ITS SIZABLE PART-TIME PROGRAM

In any case, we think the results are worth a look–and we think you’ll find them quite compelling. According to LinkedIn, the big standout appears to be New York University’s Stern School of Business, probably thanks to its sizable part-time MBA program. At Citi, for example, there are nearly 800 Stern grads alone.  At Goldman Sachs, according to LinkedIn, the total is 482, 100 more than Wharton.

The data essentially shows what you would expect: Schools where finance is king do extremely well with these leading companies, especially Wharton, Columbia, Chicago Booth, and Stern. But you’ll also notice that a wide range of schools are sending MBAs into this industry at every major firm. The number one financial employer of Harvard MBAs is Goldman. The same is true of Stanford and Wharton grads.

For Chicago Booth and Columbia Business School MBAs, on the other hand, the number one financial employer is Citi, which respectively employs 172 and 342 grads, according to LinkedIn. For Northwestern Kellogg MBAs, the top financial employer appears to be J.P. Morgan, with 129 Kellogg degree holders.

I-BANK BOUTIQUES, HEDGE FUNDS, VC AND PE SHOPS HAVE BECOME MORE POPULAR

Of course, ever since the economic implosion in 2008, the financial sector has been struggling to recover. Many firms have laid off thousands of employees and made hiring cutbacks. Some schools have made up for the decline by sending more MBAs into boutique investment banks, private equity, venture capital and hedge fund shops. Those companies tend not to show up high on this list because they are significantly smaller and recruit fewer MBAs. Yet the highest paid grads in recent years have almost always landed jobs in PE firms and hedge funds.

Consider a boutique such as Evercore. Based on LinkedIn data, the investment banking firm has just 15 Harvard Business School MBAs, 48 Wharton grads, and 29 from Columbia Business School. But it rarely shows up on lists of the major financial employers of MBAs because it recruits in far lower numbers than the bulge bracket banks.

(See following page for our table on the Top 25 schools)

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.