|
|
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
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
16 Dec 2009, 16:10
Kudos
Bookmarks
Nink - what is your opinion of Yale for management consulting in terms of:
1. Placements (only 14% of the class seems to go into consulting): Are McK/BCG/Bain/Booz big hirers on campus? Which brings me to another question. Does going to a school like Kellogg which sends 100+ students to M/B/B a year have any advantage over a school like Yale in getting into these firms?
2. Coursework/Clubs
3. Alumni - is networking with alums in consulting firms harder at Yale because of the smaller class size?
Cheers
1. Placements (only 14% of the class seems to go into consulting): Are McK/BCG/Bain/Booz big hirers on campus? Which brings me to another question. Does going to a school like Kellogg which sends 100+ students to M/B/B a year have any advantage over a school like Yale in getting into these firms?
2. Coursework/Clubs
3. Alumni - is networking with alums in consulting firms harder at Yale because of the smaller class size?
Cheers
16 Dec 2009, 20:30
Kudos
Bookmarks
FYI - New Employment Report is released for FT Employment for Class of 2009 and Internship for Class of 2010
https://mba.yale.edu/careers/employment/salary.shtml
1) It's 19% consulting for class of 2009 that just graduated into the toughest job market in years. You can't compare percentage from YSOM to a specific number from Kellogg. (Kellogg's employment report aggregates employment numbers for their MMM 3 year program, 1 Year MBA Program, as well as 2 Year MBA Program, etc)
If 100+ YSOM students ended up going into consulting, that would be 50% of the class, which is pretty much the percentage for the graduates entering the finance industry after the graduation. Kellogg is a consulting school. Everyone knows that. YSOM is really more of a finance school. About 50% Class of 2008 went into the finance industry and 46% of the Class of 2010 went into that field.
All the top management consulting firms have dedicated recruiting reps at YSOM. (Bain is one exception, I think) They come every year and hire every year. Just because about 1/5 of the class enter the consulting firms after the graduation, it doesn't mean that only 1/5 of the class are offered consulting jobs. Just like bschool admissions, there are more offers that go out compared to the number of accepted offers. Some students simply choose to enter other opportunities, depending on his or her criteria. For example, a lot of students pursue one field for summer internship (i.e. - non profit, media, entertainment, etc) that they are interested in, and pursue something else entirely in the second year for personal reasons. Perhaps, the weight of bschool debt weighs on their minds and they choose to pursue more lucrative opportunities instead of non-profit or entrepreneurship. Perhaps they went to one field that they thought they were interested in, but after spending the summer in those gigs, they realized that it wasn't ideal for them after all. Who knows.
However, due to the size of other schools (such as Kellogg) where there's a larger talent pool to recruit from, these firms assign bigger recruiting budget for those schools. Since these firms had superb success in terms of recruiting over the years, Kellogg is pretty much a feeder school for these management consulting firms. So if your goal is consulting, I am not sure why one would NOT choose a school known for consulting.
2) I already mentioned this multiple times in this forum. YSOM Consulting club is amazing. They do awesome job prepping students and organizing various social/professional networking events and etc.
3) Yale is still Yale. So many people in top consulting firms (I am assuming your question is about YSOM alums in management consulting firms) graduated from YSOM, but they also graduated from Yale undergrad, Yale Law, etc. Before choosing to attend Yale over schools like Chicago or Kellogg last year, I just assumed that the whole "Ivy league" thing was prestigious because of its undergrad reputation and etc. But once you enter one of these Ivy schools, you will truly realize that once you are in, you are REALLY IN. They will take care of you.
But again, go to a school more known for consulting if that's your goal. Schools like Kellogg and Ross has superb resources for that purpose. If consulting was what i wanted to do in the first place, I would have went to Kellogg last year, not YSOM.
https://mba.yale.edu/careers/employment/salary.shtml
ezekiel2517
1) It's 19% consulting for class of 2009 that just graduated into the toughest job market in years. You can't compare percentage from YSOM to a specific number from Kellogg. (Kellogg's employment report aggregates employment numbers for their MMM 3 year program, 1 Year MBA Program, as well as 2 Year MBA Program, etc)
If 100+ YSOM students ended up going into consulting, that would be 50% of the class, which is pretty much the percentage for the graduates entering the finance industry after the graduation. Kellogg is a consulting school. Everyone knows that. YSOM is really more of a finance school. About 50% Class of 2008 went into the finance industry and 46% of the Class of 2010 went into that field.
All the top management consulting firms have dedicated recruiting reps at YSOM. (Bain is one exception, I think) They come every year and hire every year. Just because about 1/5 of the class enter the consulting firms after the graduation, it doesn't mean that only 1/5 of the class are offered consulting jobs. Just like bschool admissions, there are more offers that go out compared to the number of accepted offers. Some students simply choose to enter other opportunities, depending on his or her criteria. For example, a lot of students pursue one field for summer internship (i.e. - non profit, media, entertainment, etc) that they are interested in, and pursue something else entirely in the second year for personal reasons. Perhaps, the weight of bschool debt weighs on their minds and they choose to pursue more lucrative opportunities instead of non-profit or entrepreneurship. Perhaps they went to one field that they thought they were interested in, but after spending the summer in those gigs, they realized that it wasn't ideal for them after all. Who knows.
However, due to the size of other schools (such as Kellogg) where there's a larger talent pool to recruit from, these firms assign bigger recruiting budget for those schools. Since these firms had superb success in terms of recruiting over the years, Kellogg is pretty much a feeder school for these management consulting firms. So if your goal is consulting, I am not sure why one would NOT choose a school known for consulting.
2) I already mentioned this multiple times in this forum. YSOM Consulting club is amazing. They do awesome job prepping students and organizing various social/professional networking events and etc.
3) Yale is still Yale. So many people in top consulting firms (I am assuming your question is about YSOM alums in management consulting firms) graduated from YSOM, but they also graduated from Yale undergrad, Yale Law, etc. Before choosing to attend Yale over schools like Chicago or Kellogg last year, I just assumed that the whole "Ivy league" thing was prestigious because of its undergrad reputation and etc. But once you enter one of these Ivy schools, you will truly realize that once you are in, you are REALLY IN. They will take care of you.
But again, go to a school more known for consulting if that's your goal. Schools like Kellogg and Ross has superb resources for that purpose. If consulting was what i wanted to do in the first place, I would have went to Kellogg last year, not YSOM.
16 Dec 2009, 21:51
Kudos
Bookmarks
Re: new employment report...wow! 29% of interns going to nonprofit! for someone that's interested in that sector that's very impressive 
nink - any reasoning behind the big jump in nonprofit internships? seems like the previous year was "only" 16%?
nink - any reasoning behind the big jump in nonprofit internships? seems like the previous year was "only" 16%?
