Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 Apr 2014, 07:14

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Big 3 Consulting and Investment Banking placements

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
SVP
SVP
User avatar
Joined: 11 Mar 2008
Posts: 1634
Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Followers: 7

Kudos [?]: 169 [0], given: 0

GMAT Tests User
Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 18:27
Interesting post I took off the BW forums:

Hi Guys,

I did some work based on the employment information contained in the BW profiles - full time and internship employment placement. I looked at 2 industries: consulting, and investment banking. I added all the placements at each firm, for the most recent full-time plus intern classes. Then I organized it by category and by school, and adjusted for class size. I listed the top 10 in each category below. Please enjoy!

*Caveats: HBS, Stanford, NYU Stern, Tuck and Yale SOM would not provide the information so they are excluded. Darden only provided information for the full time class, so their % of class is based on that and adjusted accordingly. For consulting, I included McK, Bain and BCG. For IB, I included all top 10 IB's. If you'd like any more detail on the underlying info I'm happy to share.

Big 3 Consulting - Total # Hired
1. Wharton - 220
2. Kellogg - 122
3. MIT - 101
4. Chicago - 99
5. Columbia - 87
6. Michigan - 38
7. Haas - 22
8. Cornell - 14
9. Darden, Duke - 11

Big 3 Consulting - # Hired as % of Student Body
1. Wharton - 13.6%
2. MIT - 13.1%
3. Kellogg - 10.2%
4. Chicago - 8.9%
5. Columbia - 7.1%
6. Michigan - 4.5%
7. Haas - 4.4%
8. Cornell - 2.3%
9. CMU - 2.2%
10. Duke - 1.3%

Investment Banking - Total # Hired
1. Wharton - 350
2. Chicago - 331
3. Columbia - 299
4. Cornell - 95
5. Kellogg - 91
6. Duke - 77
7. MIT - 63
8. UCLA - 53
9. Michigan - 52
10. Darden - 28

Investment Banking - # Hired as % of Student Body
1. Chicago - 29.6%
2. Columbia - 24.4%
3. Wharton - 21.6%
4. Cornell - 15.6%
5. Darden, Duke - 8.6%
7. MIT - 8.2%
8. Kellogg - 7.6%
9. UCLA - 7.4%
10. CMU - 7.2%
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

Director
Director
User avatar
Joined: 20 Feb 2008
Posts: 797
Location: Texas
Schools: Kellogg Class of 2011
Followers: 5

Kudos [?]: 145 [0], given: 9

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 19:00
Unfortunately, looking at the 2007 Employment Report (Most Recent) for GSB, they put 64 people at BCG, Bain, and McKinsey. I have no idea where the 99 came from. Makes me wonder about the accuracy of the rest of the figures.
SVP
SVP
User avatar
Joined: 11 Mar 2008
Posts: 1634
Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Followers: 7

Kudos [?]: 169 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 19:01
jb32 wrote:
Unfortunately, looking at the 2007 Employment Report (Most Recent) for GSB, they put 64 people at BCG, Bain, and McKinsey. I have no idea where the 99 came from. Makes me wonder about the accuracy of the rest of the figures.


I think the actual #s may be a bit off, but the overall ranking seems to be spot on.
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

SVP
SVP
User avatar
Joined: 11 Mar 2008
Posts: 1634
Location: Southern California
Schools: Chicago (dinged), Tuck (November), Columbia (RD)
Followers: 7

Kudos [?]: 169 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 19:17
I also found this earlier. I found it really interesting. Basically, it seems that Lehman considers only a couple of schools outside of the UE/E's to be targets for Associate recruiting (I think I noticed Emory, Texas, and Rice - quite likely for the Houston office).

http://www.lehman.com/careers/applytole ... ntacts.htm
_________________

Check out the new Career Forum
http://gmatclub.com/forum/133

Senior Manager
Senior Manager
Joined: 15 Jan 2008
Posts: 347
Location: Evanston, IL
Followers: 2

Kudos [?]: 40 [0], given: 1

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 19:37
terp06 wrote:
I also found this earlier. I found it really interesting. Basically, it seems that Lehman considers only a couple of schools outside of the UE/E's to be targets for Associate recruiting (I think I noticed Emory, Texas, and Rice - quite likely for the Houston office).

http://www.lehman.com/careers/applytole ... ntacts.htm

Bassically other than higher % of job placements, the big advantage of going to a top 5/10 school is that the big name companies have a dedicated recruiter just for your school rather than a recruiter or two serving "everyone else". This is a big advantage when it comes to facetime and attention during the recruiting process, but at the end of the day you are always selling yourself no matter which school you choose.
GMAT Club Legend
GMAT Club Legend
User avatar
Joined: 10 Apr 2007
Posts: 4320
Location: Back in Chicago, IL
Schools: Kellogg Alum: Class of 2010
Followers: 74

Kudos [?]: 689 [0], given: 5

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 19:51
This is interesting to a point but it doesnt take into account how many people pursuing jobs in the fields. It might be better to compare the amount of folks in a class who go into a given field that get a job at one of the choice fields. I would say that the top schools numbers will probably be closer at that point and might even surprise folks.
_________________

Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond.

SVP
SVP
User avatar
Joined: 31 Jul 2006
Posts: 2308
Schools: Darden
Followers: 35

Kudos [?]: 420 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jun 2008, 20:53
I notice one error right off the bat. This list says Darden and Duke both had 11 go to top 3 consulting firms. Darden is smaller than Duke, but isn't listed in the percentage of student body. Darden has about 300 students, so that would put them at 3.7%, between Haas and Cornell. The note at the top says that Darden only provided information for the full-time class, and numbers were adjusted accordingly; well Darden does not have a part-time program or a one-year program or anything like that so data wouldn't have to be adjusted. I was confused by that.

Also, I don't know what year these numbers refer to, but I'm highly dubious of the investment banking stats as well. In fact, I'll say that I give no credence to the list that shows Duke placed 77 and Darden placed 28; though the percentage breakdowns for banking seem to jive with common sense. The raw numbers can't possible be right though, and do not correlate with the percentages.

As riverripper pointed out, a more relevant analysis would compare the number of students interested in each field with the number that secure targeted positions. Students at some schools are very focused on consulting and/or banking, while other schools have students with more varied career goals. A school where 50% of the population is interested in general management will not show as well in these lists (if the information is even correct).
Director
Director
User avatar
Joined: 08 Feb 2007
Posts: 610
Location: New Haven, CT
Followers: 5

Kudos [?]: 17 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 08 Jun 2008, 10:46
terp06 wrote:
Interesting post I took off the BW forums:

Hi Guys,

I did some work based on the employment information contained in the BW profiles - full time and internship employment placement. I looked at 2 industries: consulting, and investment banking. I added all the placements at each firm, for the most recent full-time plus intern classes. Then I organized it by category and by school, and adjusted for class size. I listed the top 10 in each category below. Please enjoy!

*Caveats: HBS, Stanford, NYU Stern, Tuck and Yale SOM would not provide the information so they are excluded. Darden only provided information for the full time class, so their % of class is based on that and adjusted accordingly. For consulting, I included McK, Bain and BCG. For IB, I included all top 10 IB's. If you'd like any more detail on the underlying info I'm happy to share.

Big 3 Consulting - Total # Hired
1. Wharton - 220
2. Kellogg - 122
3. MIT - 101
4. Chicago - 99
5. Columbia - 87
6. Michigan - 38
7. Haas - 22
8. Cornell - 14
9. Darden, Duke - 11

Big 3 Consulting - # Hired as % of Student Body
1. Wharton - 13.6%
2. MIT - 13.1%
3. Kellogg - 10.2%
4. Chicago - 8.9%
5. Columbia - 7.1%
6. Michigan - 4.5%
7. Haas - 4.4%
8. Cornell - 2.3%
9. CMU - 2.2%
10. Duke - 1.3%

Investment Banking - Total # Hired
1. Wharton - 350
2. Chicago - 331
3. Columbia - 299
4. Cornell - 95
5. Kellogg - 91
6. Duke - 77
7. MIT - 63
8. UCLA - 53
9. Michigan - 52
10. Darden - 28

Investment Banking - # Hired as % of Student Body
1. Chicago - 29.6%
2. Columbia - 24.4%
3. Wharton - 21.6%
4. Cornell - 15.6%
5. Darden, Duke - 8.6%
7. MIT - 8.2%
8. Kellogg - 7.6%
9. UCLA - 7.4%
10. CMU - 7.2%


FYI...Yale does not give info to business week, but on their employment report 26% (53 students) went into IB and 14% (28 students) went into consulting out of 205 students for 2007. This is not a breakdown of top 3 for consulting. I would imagine that the consulting is mainly top 3 but the IB is probably top 7 or 8.
_________________

Lanter 1

"Lunch is for wimps."

Current Student
User avatar
Joined: 07 Aug 2007
Posts: 1062
Followers: 4

Kudos [?]: 30 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 08 Jun 2008, 14:19
FYI: These numbers include both FT offers and Internships.
Director
Director
User avatar
Joined: 08 Feb 2007
Posts: 610
Location: New Haven, CT
Followers: 5

Kudos [?]: 17 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 09 Jun 2008, 06:02
dosa_don wrote:
FYI: These numbers include both FT offers and Internships.


the internship totals for the class of 2007 are the same percentages from what i have been sent and the 2008 class is 14% in consulting and 21% in IB with a class of 178. Obviously, without the fulltime positions for 08, i could not give those figures.
_________________

Lanter 1

"Lunch is for wimps."

Intern
Intern
Joined: 27 May 2008
Posts: 3
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 09 Jun 2008, 19:39
Duke's employment report shows- Consulting

11 Full Time (FT) Mckinsey hires
3 FT Bain
4 FT BCG

So if the stats are strictly for FT hires, then you need to change it from 11 to 18. If it includes internships, you need to add more.
Current Student
User avatar
Joined: 21 Mar 2007
Posts: 570
WE 1: Hi-tech Product Development
Followers: 8

Kudos [?]: 71 [0], given: 3

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 10 Jun 2008, 00:17
milehighhustler wrote:
Duke's employment ...


heh heh! Nice username :)
Current Student
User avatar
Joined: 10 Dec 2007
Posts: 327
Followers: 5

Kudos [?]: 22 [0], given: 0

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 11 Jun 2008, 05:02
terp06 wrote:
Interesting post I took off the BW forums:


*Caveats: HBS, Stanford, NYU Stern, Tuck and Yale SOM would not provide the information so they are excluded.


I am obviously not neutral, and I dont know absolute #s for this year, but Tuck placed over 30% of its class in consulting and I think McK alone hired almost 10% of the Tuck class. So the ranking would be quite different if you included all these schools.

Too bad Tuck doesnt release those figures...I dont understand why.
GMAT Club Legend
GMAT Club Legend
User avatar
Status: Um... what do you want to know?
Joined: 03 Jun 2007
Posts: 5464
Location: SF, CA, USA
Schools: UC Berkeley Haas School of Business MBA 2010
WE 1: Social Gaming
Followers: 58

Kudos [?]: 320 [0], given: 14

GMAT Tests User
Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 12 Jun 2008, 06:31
thanks for the info terp, but yeah, Haas only sends 17% of their graduating class into MC, so 22 out of 41 is over 50% of students who get a job in MC will be in M/B/B. Not bad. :)
_________________

****************************
GMAT Club Knowledge Vault:
http://gmatclub.com/forum/123
Haas Ambassador
http://gmatclub.com/forum/128-t62555
Kryzak's Profile:
http://gmatclub.com/forum/111-t56286
Member Essays:
http://gmatclub.com/forum/103-t50969

Intern
Intern
Joined: 27 May 2008
Posts: 3
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jul 2008, 21:12
milehighhustler wrote:
Duke's employment report shows- Consulting

11 Full Time (FT) Mckinsey hires
3 FT Bain
4 FT BCG

So if the stats are strictly for FT hires, then you need to change it from 11 to 18. If it includes internships, you need to add more.



To bring up an old topic...in Duke's Preliminary 2007-2008 employment report, they show 37 hires from the Big 3 consulting firms. That's a far cry from the 11 that was used for the calculations in this thread.
Current Student
User avatar
Joined: 02 Aug 2007
Posts: 187
Schools: Wharton
Followers: 18

Kudos [?]: 99 [0], given: 0

Re: Big 3 Consulting and Investment Banking placements [#permalink] New post 07 Jul 2008, 21:43
Where is Stern?- 50% IB placement!!
Re: Big 3 Consulting and Investment Banking placements   [#permalink] 07 Jul 2008, 21:43
    Similar topics Author Replies Last post
Similar
Topics:
New posts Experts publish their posts in the topic Investment Banking Porscheboy16 6 28 Nov 2005, 11:51
Popular new posts How to get an interview with a Big3 consulting firm bherronp 11 14 Jan 2009, 08:34
Moved topic How to get an interview with a Big3 consulting firm bherronp 1 14 Jan 2009, 08:34
New posts Experts publish their posts in the topic My chances at Investment banking or consulting firms??? clubwestpua 3 03 Jun 2013, 05:56
Display posts from previous: Sort by

Big 3 Consulting and Investment Banking placements

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.