Consulting, Banking and Tech: Business Schools With The Most Alumni In Top Firms
Where you earn your MBA matters. However, the prestige of a business school isn’t necessarily a one-size-fits-all approach, especially when it comes to starting salary and landing jobs in top industry employers.
In a new study, GradReports combed through Linkedin profiles to calculate which business schools had the highest total number of alumni working in the top firms for Consulting, Finance, and Technology.
Here is GradReports’ findings…
The Tuck School of Business at Dartmouth College ranked first for number of MBA alumni who landed jobs at leading consulting firms, which GradReports defines as McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, Deloitte, PricewaterhouseCoopers (PwC), EY, Booz Allen Hamilton, and Accenture. Nearly 5% of Tuck alumni were employed in these top consulting firms. Overall, Bain & Company and McKinsey & Company were the top employers for Tuck MBA grads.
The Goizueta Business School at Emory University ranked second best for consulting. 4.8% of Emory MBA alumni went on to work at leading consulting firms. EY, Deloitte, and PwC ranked among the top consulting employers for Goizueta alumni.
If you’re hoping to land a job at Morgan Stanley, Goldman Sachs, or JP Morgan, it helps to get an MBA from either New York University's Leonard N. Stern School of Business or Columbia Business School.
New York University's Stern School had the highest number of alumni working at these top investment banks at 2.49%. In total, a whopping 434 Stern MBA grads landed jobs at Morgan Stanley, which stands as the number one investment banking employer for the top five MBA feeder programs.
Columbia Business School came in second with 1.99% of MBA grads working at top investment banking firms, with 312 alumni at Morgan Stanley.
The Michael G. Foster School of Business at the University of Washington holds the highest number of alumni employed at top tech companies. These companies are defined as Google, Amazon, Microsoft, Apple, and Facebook by GradReports and account for 17.3% of Tech hires from Foster. Despite having fewer grads landing jobs in consulting or banking, the Foster School of Business is a popular choice for tech recruiters. Top tech employers for Foster MBA grads include Amazon and Microsoft, both of which are headquartered in Washington.
Santa Clara University's Leavey School of Business came in second for Tech, with 7.28% of Leavey MBA grads landing jobs at top tech companies. Google is the top employer for Leavey MBAs, with 111 alumni employed. The Leavey School of Business, despite ranking lower in prestige, had more alumni employed at top tech companies than the nearby Haas School of Business at the University of California-Berkeley, where 6.85% of alumni landed jobs at top tech companies.
Overall, these findings highlight a few important insights. For one, having a specific career goal prior to attending a B-school may help exponentially. MBA programs such as the Foster School of Business and the Leavey School of Business are top recruiting spots for tech companies. Not surprisingly, New York-based schools such as Stern and Columbia still perform the best for careers in investment banking.
Check out the full analysis at GradReports, which includes the top employers for each of the Top 5 MBA programs in each industry and pay data for 2016-2017 grads.
Next Page: Why Wall Street is Losing Its Luster Among MBAs.