By comparison, Harvard Business School graduates about 900, and University of Chicago Booth School of. That percentage expands to 19% when you consider the top 10 feeder schools. So, what are these target schools? Read more about WSOs report methodology here. Their per capita % is nearly double that of the remaining top schools. Boston Consulting Group, 3. Not surprisingly, the target schools at McKinsey include the big brand powerhouses that dominate the top of most MBA rankings. If you dont prepare, however, youre probably going to get blown out of the water.. Accordingly, the list of targets schools can only be pieced together indirectly from multiple sources such as school placement statistics and firm networking events. Wharton, Michigan, and Harvard are the only schools that have representation at 100% of the top firms. Manlow advised that "a bit of humility doesn't hurt" when working on your application to INSEAD. Following this grouping, McKinsey appears to have an affinity for New York University grads as well as those from Cornell University, the University of Notre Dame, and University of Wisconsin-Madison. Ayush Pachisia, who is also part of INSEAD's class of 2020, added that the school's emphasis on multicultural collaboration is mirrored in the diversity of each MBA batch. For additional virtual resources currently offered, you can find a list of INSEAD's upcoming webinars here which are led by diverse groups within the school's community, including alumni and student clubs and read more about other online programs that the school is offering here. Its worth noting that consulting seems to be relatively more popular at some of the traditionally prestigious schools. The NESCAC schools in particular all do great for consulting. The consulting firm makes it explicit that candidates enrolled in a one-year, part-time, or executive MBA program, even at a targeted business school, are not eligible. The top consulting firms that hired from the HEC Paris MBA class of 2019 include Bain & Company, McKinsey, and the Boston Consulting Group (BCG). WSOs reports are constantly changing based on new information users report to the WSO Company Database which includes more than 50,000 submissions across thousands of companies. Find out which career is right for you and follow these steps to make the right decision. 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Initially, he and his team found it challenging to work together, but eventually discovered common ground. Therefore, we can consider the list above as a data-based subset of the target schools in the US. Surprises among the top feeder schools. And third was. Check out our article on networking to learn how you can network your way into the MBB firms using these methods. If youre a consultant thinking about private equity, you should check out our Private Equity Recruiting Course, which will fully train you how to model and prepare for the interview. 131 students from the school joined McKinsey, Bain, or BCG. As a specific example, she suggested the following: "You may have volunteered to travel on a church mission trip to Haiti to mentor children in an orphanage," Coward said. So, if you dont go to a top school, your GPA is going to need to be really high, and youre going to have to be really sharp in the interviews. (Heads up, those interviews can also be notoriously grueling, so do your homework. School Crossing Guard- Crossing guards are employed by the Anne Arundel County Police Department. It does seem that traditionally prestigious schools seem to place a bit better into MBB firms than into investment banks. That's what's stuck in the heads of many prospective consultants. The MBB firms are meritocratic organizations looking for the best talent possible. University of Pennsylvania, meanwhile, is the most popular feeder school for Boston Consulting Group, accounting for 10% of the firms 120 WSO recruits. I love deconstructing them into sub-systems and isolated components in order to find a solution to a problem or an opportunity for growth. I created a $3.5M savings process improvement project that was rolled out across the EU in 2020. New data from. There needs to be deeper research," he said. These two schools fetch twice as many hires into MBB than the next crop. Thats 35 WSO users now working in the industry, a 14% drop from Northwesterns share from last years report. Whatever the case, the MBB trifecta is one big magnet for undergrads who are chasing their big break into the consulting industry. "I took every conversation with an alum as an opportunity to improve my story and delivery for the future interview, which turned out to be a game changer when I actually had the interview." She noted that INSEAD requires knowledge of two languages English and one other to apply, so you should incorporate this fact in a deeper way as well. Low realized through the process that instead, he should have guided the junior employee in personally making the changes, thereby giving him space to grow as well. We collected the profiles of anyone who worked at McKinsey, BCG or Bain. But that won't be enough to make the cut. Fallsgardencafe. Comments or questions about this article? While some 20% of the Stanford MBA Class of 2020 who attended Harvard for undergrad went on to McKinsey, BCG or Bain & Co. (the top three consulting . ADVICE FOR STUDENTS NOT AT A TOP FEEDER SCHOOL If you're looking to join the ranks of the consulting elite, knowing which schools firms like to target is valuable information. These programs (specifically McKinsey Early Access, BCG Unlock, and ExperienceBain) are not open to all schools; hence, we can assume that the qualifying schools are also the MBBtarget schools: Source:1. We set the cut-off at 80 hires per year. "This is a common misconception and some applicants especially if they are undecided on future goals feel like they need to outline a clear path to consulting togain admittance, which is not the case," she said. Only students entering a two-year full-time program or dual degree program will be considered by McKinsey. INSEAD remains a major feeder school for large consulting firms in Europe, with hundreds of the Insead 2021 MBA cohort going into firms like McKinsey, Boston Consulting, Bain, and others. Harvard | Mr. PM Looking For Something New, Duke Fuqua | Ms. McKinsey & Company, 2. For decades, prestigious business schools like Harvard Business School, Wharton School of Business, and Stanford Graduate School of Business have had the upper-hand in paving the way for. After all, that would be counterproductive: very strong candidates from non-target schools might be demotivated and deterred from applying, depriving the firm of many potential consultants; such a practice may also be deemed discriminatory, and open the firms up to legal risks. As a coach for consulting interviews, Francesco helped hundreds of candidates to land offers from McKinsey, BCG, and Bain. For your reference, weve also highlighted every schools McKinsey %, with the belief that McKinsey is indeed the best and most coveted firm to place at. The result of this screen primarily focuses on U.S. schools, as they place much better into MBB. Of the big three MBB firms, McKinsey & Co. has the smallest target list of favored business schools. Our Partner Sites: Poets&Quants for Execs | Poets&Quants for Undergrads | Tipping the Scales | We See Genius, About Poets&Quants | P&Q News Archives | Privacy Policy | Advertising & Partnerships | Editorial | Contact Us | Sign In / Register. Broadly speaking, there are two categories of applicants: Traditional feeder companies vs. Non-feeder companies. To connect all the dots, Jiang also asked his parents, classmates, friends, and colleagues from different stages of his life to recall what kind of person he was to them, and if there were any particular events or anecdotes they remembered about him. The Social Impact Consulting Group at Penn is a non-profit, student-run organization that gives students the chance to accumulate real-world experience working with major companies. And do I have a chance even if I didn't go to one of the schools listed? "I felt that my essays were really good because I understood the school, what it offers, and 'knit' it together with my story," he said. However if you have a genuine interest in these subjects then go for it from a pure academic . "Show how you have leveraged your language skills to demonstrate team leadership, entrepreneurship, or personal growth to positivelyimpact an organization or community.". "It needs to be more than you studied abroad for a semester as an undergraduate student.". "Their input helped me know many things about myself that I didn't even think of or realize, even vulnerabilities," Jiang said. Together, theyre simply known as MBB, and they have been and remain the three most sought-after employers for undergraduate students yearning to break into the industry. Wharton follows Kellogg with 126 students, and Chicago Booth School of Business is in fifth place with 123 students. We categorized this last tier as fewer than 50 hires over the past 7 years. In 2019, it dominated the other leading 35 US and European business schools and sent more than half of its graduating class into consulting. Could be the money: User-reported data from jobs and news site, Which schools are the Big Three most drawn to when it comes to fueling their pipeline of talent? Considering how well they also do in investment banking and private equity recruiting. Like the big investment banks on Wall Street, consulting firms also have their favorites. INSEAD is a top feeder school to the biggest names in consulting. For reference, Harvard's acceptance rate is ~5%. But that's not its only claim to fame in the rankings. Targets - There is a crop of elite schools (and somehow UC Berkeley slid in here) that solidly place into MBB every year. And if so, which schools are these in the US? Also found within this tier are two international schools: Cambridge University and Erasmus University of Rotterdam. While well be looking at the top 5 to 10 firms in terms of the number of employees working for this story, you can see a lot more detail in the full report here. School Nurse- School nurses are employed by the Anne Arundel County Department of Health. "Apply only when you are absolutely sure that you cannot do any better with the essays," Pachisia said, noting that he went through at least 15 to 20 edits for his essays over a span of three months, often asking different people to read it. Use tab to navigate through the menu items. This resulted in ~95k global profiles around the world. 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Among the ranking's participants this year, INSEAD sent 238 graduates into consulting, the most of any school. What did you learn in a multicultural context? Harvard, Stanford, Wharton and many other business schools, for example, never reveal their major employers. MBA Interview Prep: Starting at $575 for Video Interview/Video Essay only. At INSEAD, McKinsey snapped up 130 (another 52 returned to the company, as they had worked there pre-MBA), followed by Bain with 86 (21 . Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. they are going to prefer someone from Bain or McKinsey over Accenture. Like most institutions, INSEAD has taken measures in response to COVID-19 to protect the health of its students and community. Check out our consulting resume guideto learn how you can best frame your experiences and grab the attention of your resume screener. "Many of these topics were new to me. Historically, Goldman used to send recruiters and hiring managers to top "feeder" schools to recruitthe arguable assumption being that they would find the highest concentration of talented, high-caliber candidates at those schools. No! Harvard and University of Pennsylvania stand alone on this zenith of capitalist expression. The list goes on, meaning that parent universities are often the #1 undergraduate feeder into an MBA program. al. Pachisia suggested that INSEAD candidates spend significant time on their essays and video interviews and avoid being in a hurry to submit their application until they've done their due diligence. In addition to coaching MBA candidates, she also shares her experiences with prospective students at regular INSEAD admissions events. Next, we filtered for employees in the U.S. and Canada. Check out the top feeder schools for Amazon, Apple, Facebook, and Google below. Northwestern University was the top feeder school for the consulting industry, according to Wall Street Oasis' 2022 Consulting Industry Report for February. Most of the target schools have roughly the same ranking as they did in the previous screen, reinforcing the notion that these are just extremely good schools. We also only have work experience in North America, so we didnt feel comfortable validating and commenting on schools from around the globe. What might be concerning about these small liberal arts colleges is that the actual numbers are still relatively low Claremont McKenna, for example only has 14 hires over the past 7 years. Your data could be accessed by law enforcement without prior public trial in court. Case Interview Frameworks Free Download, Free download of the most common Case Interview Frameworks. According to Plavsic, INSEAD prefers its applicants to score at least in the 75th percentiles of verbal and quantitative for the GMAT. In this program, students will join small interactive case workshops as well as activities to sharpen your interview skills, engage in virtual social activities and hear from exciting panelists and speakers, according to the firm. I think its a reasonable take, so weve conducted that screen below. Schools that barely miss the cut include Southern Methodist, Johns Hopkins, and Williams. Harvard, University of Pennsylvania, University of Michigan and Yale appear to be the best overall schools when it comes to recruiting for undergraduate consulting jobs. "With limited time to deliver the project ask, we got to know each other through many cultural activities and dinners post-office and after the first week we found ourselves working smoothly," he said. Pachisia shared that he wrote about a business trip he had made to China to set up an analytics team. 34.9% of the 2018 class at Yale School of Management chose careers in consulting. "For example, I once had to supervise a junior team member in producing a document," he said. While many of the colleges and universities are also target schools for non-MBAs, there are some differences: some of them do not place well outside their MBA programs, whereas other non-listed institutions (such as top liberal art colleges Williams and Amherst) might have a strong placement history for their non-MBA programs. In short, the program gives the consulting firm an early look at incoming MBA talent. We collected profiles from LinkedIn using the help of a mechanical turk program and a proprietary data provider. "However, in my case, coming from a humanities and nontraditional background, I felt that demonstrating my quantitative proficiency through an above-average GMAT score was essential in elevating my entire profile," Plavsic added. I do think that using the annual class size poses some issues of its own, but I think it's the best we can do without overcomplicating things. The advice still rings true: financial institutions are still some of the best feeder companies to top business schools. That being said, networking is far more important for you than for your target school counterparts; therefore, you will need to put in more effort to make it work. McKinsey, for example, is going to be a lot harder in terms of the resume filter, he tells Poets&Quants. Curtis says that the more prestigious the firm, the harder it will be to get that first interview. Some of McKinseys surprise pet schools found further down the list include Butler University and Copenhagen Business School. Its consulting industry report ranked the schools based on the responses of 1,577 WSO users who work at the 57 represented consulting firms. The second list looks at the top 30 producers when adjusted for a school's undergraduate enrollment, which allows us to highlight schools that may be smaller in size, but that still send a consistent flow of graduates to the world's premier medical schools. Stuyvesant High School is the . Harvards dominance becomes even more apparent in this screen. Apply to be a school crossing guard. This makes it easier to organize investment clubs, stock pitches, study sessions, etc. If a school's second top employer and first top employer are the same, we indicate the tech company with the second highest share of employees instead. If you're interested in how Canadian schools perform, you should check out, Management Consulting Target Schools per Capita, We are using the overall annual class size per, If you want to go the consulting path but still want to recruit for private equity, you should check out our. Overall, the top of the lists for both banking and consulting list are relatively similar. Every year, hundreds of candidates join the MBB firms from non-target schools. Roughly half were public universities. Of the 1,577 users who currently hold positions across the 50-plus consulting firms, 168 are employed by McKinsey. In this post, were going to apply a data-driven approach to determine what the target schools are for management consulting. We are most interested in who the target schools are today, so we only looked at people who graduated between 2014 and 2020. Aggregate all MBB Employees in the world (~95k people). back to top. These schools have already spent a ton of time screening for high performance. Their dominance in MBB consulting is extremely impressive. "It needs to look spontaneous and natural, so prepare but don't overprepare for the video interview," Pachisia said. Apply to be a school nurse. University of Southern California (Marshall), Harvard University and University of Michigan (Ross) rounded out the top feeder schools. Francesco, case coach and expert in the field of consulting, answers these and other questions in this article. Overall, being from a target school certainly helps you get your foot into the MBB recruitment process, but the advantages end there. You'll also want to emphasize a passion for growing your international exposure. Also found within this tier are two international schools: Cambridge University and Erasmus University of Rotterdam. "Make it more than a bullet point on your resume," Coward said. Now back to what McKinsey is looking for. An important component of any MBA application involves networking. Moreover, non-US schools like INSEAD and London Business School are considered target schools for all MBB offices worldwide. All these other schools are not feeder programs for MBB. The next 20% of its recruits come from Vanderbilt University, Dartmouth College, Crown University, University of Western Ontario, Columbia University, Southern Methodist University, Massachusetts Institute of Technology and the University of Hong Kong.
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