bb wrote:
However, I feel that 69% employed at graduation is a bit low number for a school in the top 10 (Wharton is at 82% and Ross is at 90%). I feel the 69% speaks about the level, quality, and competitiveness of the on-campus recruiting opportunities (though it does talk about the student talent as well).
bb - it says here CBS has 90% of students who are looking for employment accepted offers.
I can't post the link but:
www8.gsb.columbia.edu/recruiters/sites/recruiters/files/CMC_2019EmploymentReport_FINAL.pdf
And if you do the math among H/S/W and then CBS, you'll see the former 3 are all playing around with numbers because they categorize a decent percentage of people as "not seeking and postpone" or "no response" and take them out of that percentage.
These are the true 2019 "seeking employment and accepted a job offer" within 3 months of graduation:
HBS: Seeking and accepted 600 out of 928 or 65%; sponsored coming in 15%; start business & "other" 10%
GSB: Seeking and accepted 253 out of 418 or 61%; sponsored coming in 8%; start business & "other" 15%
Wharton: Seeking and accepted 621 out of 863 or 65%; sponsored coming in 12%; start business & "other" 4%
CBS: Seeking and accepted 563 out of 753 or 75%; sponsored coming in 11%; start business & family biz 6%
Few things I noticed:
1.) People trash CBS for J-term diluting the class, but reality is sponsored and rich people mix is way higher at Harvard, and slightly higher at Wharton's. I bet sponsored acceptance rate is higher at HBS and Wharton than CBS J-term. They just don't disclose it.
2.) It's pretty easy finding a $125k a year job around NYC as long as you're competent, especially a freshly minted MBA from a well known school. There are so many different industries and options here in NYC vs Boston focused on healthcare and education etc. #1 thing to get a job is hustle and show you're interested. Way easier in NYC. Try getting a marketing job out of Palo Alto. The numbers speak for themselves.
3.) I personally know plenty of H/S/W grads who drank the "change the world" cool aid, "running own business", and get nowhere in 10 years. It's not just business school, it's also undergrad, the whole higher education thing. Successful people are going to be successful, not because they chose CBS over Wharton. CBS application process seem to "weed out" the dreamers.