McKinsey Doubles MBA Hires At Duke

A NUMBER OF COMPANIES UPPED THEIR HIRING OF FUQUA GRADS

In any typical year, Duke’s class is something of a bellwether for the top-tier MBA market. That’s because the school attracts a broad range of companies and industries to its campus to recruit its graduates as well as the fact that Fuqua MBA career choices tend to show greater diversity across the range of brand name corporations, from American Airlines to ZS Consultants. Fuqua, unlike many other business schools, also is far more transparent than many schools, sharing data on the major employers of the class and how many MBAs landed both internships and full-time jobs with those companies.

This year, a large number of well-known business names upped their hiring at Fuqua. Besides McKinsey, the following companies employed more Duke MBAs than the previous year: Microsoft, BCG, Amazon, Bain, Bank of America, Citi, Morgan Stanley, Sears Holdings, Cardinal Health, among others (see chart below).

Still, the largest single recruiter of MBAs at Fuqua over the years has been Deloitte which has hired 145 MBA graduates into full-time positions. McKinsey’s emergence this year as the No. 1 employer is therefore surprising. McKinsey has hired fewer than half the Deloitte total, 66 Fuqua grads in the past five years.

WHY OTHER GUARANTEED COMP DROPPED SO SEVERELY AT DUKE

Sheryle Dirks, associate dean for career management at Fuqua, told Poets&Quants that the percentage of graduates receiving other guaranteed bonus fell to just 6% this year from 68% in 2014 due to “an evolving clarification on what counts as other guaranteed compensation according to MBACSEA guidelines,” referring to the trade group that sets standards for compensation reporting.

“We are taking a very narrow definition for now but did not want to wait to release the report in its entirely,” added Dirks. “Depending upon how things evolve, we may update that one data set in the report.”

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