Current Student
Joined: 20 Dec 2007
Posts: 72
Given Kudos: 0
Concentration: Entrepreneurship, Finance
Schools:MIT Sloan
Q48 V36
Re: MBA Recruiting
[#permalink]
12 May 2009, 13:39
I can speak for two schools:
1st MIT Sloan: our employment survey for full time is finished compiling results and we are just a bit under 80% as of last month. As far as internships, those results aren't in, but I can tell you this is the year you don't want to kick back and let your friendly neighborhood career development office do all the work for you. With that being said our internship rate has to be over 80% paid, but not necessarily lucratively paid. Consulting and banking haven't been at all good this year. The reasons are obvious for banking but for consulting maybe not as much so. I spoke to quite a few people about the slow down in consulting and this is primarily due to many of the big firms taking on due diligence work over the last few gang buster PE years. Now with the market in a severe slowdown all those consultants added to meet that demand are sucking their thumbs, so most of the hiring is to replace manpower to balance the turnover.
2nd HBS: Official numbers as of just over a month ago with 80+% of the 2nd years reporting 78% had job offers in hand.