GOLDMAN AND CITI EACH HIRED SEVEN KELLOGG MBAS THIS YEAR
After consulting, the big industry draw was, not surprisingly, finance. Some 19% of the class accepted jobs in financial services, up five full percentage points from 14% a year earlier. The lion’s share of those jobs–7.5%–were in investment banking and brokerage. Some 4.1% of the class landed jobs in private equity, while 1.3% accepted positions with venture capital firms. Another 4.1% found jobs in diversified financial services.
Among the school’s top employers in finance were Goldman Sachs and Citi (with seven hires each), J.P. Morgan (6), Bank of America Merrill Lynch (5), as well as American Express, Discover Financial Services, Jeffries and Lincoln International, all of which hired three Kellogg MBAs this year.
Technology hires remained strong, hiring 15% of the class, down from a peak of 18% last year. Amazon employed 16, while Microsoft took nine Kellogg graduates. Google hired seven, and Apple brought away six members of the Class of 2015. Cisco hired four grads from Kellogg, and Adobe Systems employed three.
SOME 12% OF THE CLASS GAINED JOBS IN CONSUMER PRODUCTS
As is usual for Kellogg, long known for its stellar faculty in marketing, the school sent a sizable contingent of graduates into the consumer products industry: 12%, up from 11% a year ago and the high water mark for the past five years. By function, 20% of the class headed into marketing and sales jobs. The big employers in this sector for Kellogg were Kraft Heinz (12), General Mills (4), MillerCoors (4), Nike (4), PepsiCo (4), and Unilever (3). The big retailer Target hired seven members of the class.
Kellogg said that slightly more than 5% of this year’s graduates went into the health care product and service sector. Hiring a trio of Kellogg MBAs each were Baxter Healthcare, DaVita, Eli Lilly, and Johnson & Johnson.