Stepping a little further back, we see some interesting developments in the world of consulting feeder schools. Between 2014 and 2018, Northwestern’s Kellogg School of Management has lost 5 percentage points on its consulting total. In the last three years alone the school is down nearly 9%, from 33% to just over 30%. Where are students going instead? At Kellogg, and elsewhere, the answer is tech.
At Washington Foster, we know the answer is tech. At Rice Jones, the answer is certainly tech. At Washington Olin, the answer is finance. But at Duke Fuqua — as at so many other places — the answer, yes, is tech.
Does this make for a cheaper workforce coming out of B-schools, since tech MBAs by and large make less than their consulting brethren? Looking at the top 10 schools that provide median salaries, the average of all 2018 consulting MBAs was $142,340. Over on the tech side, that number is $128,500.