Low shared that before INSEAD, he too had limited quantitative (and business) experiences to make him an ideal candidate. Of the 1,577 users who currently hold positions across the 50-plus consulting firms, 168 are employed by McKinsey. Where McKinsey, Bain & BCG Hire Their $165K-A-Year MBAs - Yahoo Finance For a number of MBA programs, The United States Military Academy at West Point ranks as a top feeder undergraduate institution (and West Point ranks #11 overall). 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. Email us. So, what happens if you are not from one of these schools? Insider Insights: Top Target Schools For MBB Consulting Firms Manlow guides applicants toward addressing an area that's particularly important to INSEAD: its motto of "business as a force for good," encouraging students and alumni to make a positive contribution to society, regardless of industry. Their dominance in MBB consulting is extremely impressive. Second was Indian School of Business in Hyderabad, India, at 230. The main advantage coming from a target school provides is that you would have a strong brand on your resume and your application will be given more attention. Mohsin Abdul Qadir - Head of Finance Private Assets - LinkedIn The two-day virtual program includes an overview of McKinseys diversity and inclusion efforts, management consulting, and McKinsey today. Top Feeder Schools to Google, Facebook, and Apple - tech.co Where Do McKinsey, Bain, BCG Hire The Most MBAs? - BusinessBecause These schools are respectable colleges that tend to do well in every business category. 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. Data is reported by WSO users who actually work in the consulting industry. Feeder Colleges And Companies To Stanford GSB: Deep Dive - Forbes Clear Admit compiled data on the best business schools for consulting, including feeder schools for MBB and top consulting placement rates. MBB refers to McKinsey, BCG and Bain, which are commonly understood to be the top 3 consulting firms globally. Applicants to ABA law schools are up 0.7% as compared to last year, and applications to ABA law schools are up 1.5% as compared to a year ago. Harvard, Stanford, Wharton and many other business schools, for example, never reveal their major employers. Northwestern University received 2.2% of the 1,577 WSO survey respondents. "My international experience was limited to traveling overseas and meeting people from different places," Pachisia said. Read school blogs and faculty scholarships. The chart below shows the top 25 feeder schools to the 10 consulting firms with the higher number of recruits in the past year. He also made it a point to note cultural differences in different places when he traveled overseas for leisure. No! See WSOs full report for more detail at all 57 consulting firms. SHL also discovered that 11.5% of Google employees and 11.2% of Facebook employees are Ivy League alumni, however, no Ivy League members appeared in the list of top ten US colleges that major tech companies hire from. But the first time she took the exam, while she scored well on verbal, she was outside the range she wanted on quant, so she knew she had to work harder to increase her score. Like the big investment banks on Wall Street, consulting firms also have their favorites. McKinsey describes its Early Access program as an opportunity to engage in interactive sessions with our consultants and leaders where you will gain insight into our culture and the work we do, while creating community among your future classmates and enriching your skills., MCKINSEY ALSO HOSTS A TWO-DAY VIRTUAL EVENT FOR URM PRE-MBA STUDENTS. Their dominance in MBB consulting is extremely impressive. Maybe we'll add an EU version down the road. "Describing the trip itself is just the start. When a school only places 7 or 8 hires per year, hiring trends can be heavily influenced by a group of vocal alumni or a strong relationship at a specific firm. It also provides data on which colleges and universities consulting firms recruit from the most. David Jiang, class of 2019, explained that other prospective applicants he'd met had stellar backgrounds based on a more "orthodox" standard, while he was from what he described as "a pretty grassroots background." "Primarily, saying that I want to join INSEAD because I want to enter the consulting industry isn't good enough. We set the cut-off at 80 hires per year. Many people in consulting pursue buyside roles after realizing that they could be making 3 or 4 times as much money while doing relatively similar work. Of the big three MBB firms, McKinsey & Co. has the smallest target list of favored business schools. Although this data is likely not 100% representative, I think this underscores how competitive it can be to break into a top consulting firm. Its consulting industry report ranked the schools based on the responses of 1,577 WSO users who work at the 57 represented consulting firms. Both the Boston Consulting Group and Bain & Co. have more expansive lists, with BCG having 28 MBA programs with favored status while Bain boasts 40 different programs. . Subscribe for Free Business and Finance Resources, If youre a consultant thinking about private equity, you should check out our, In this post, were going to apply a data-driven approach to determine what the target schools are for management consulting. "In my essays, I spoke about how I tried to learn as much as possible from these limited cross-cultural experiences in order to be ready to contribute to a diverse MBA batch," Pachisia said. Manlow said that INSEAD is "incredibly competitive" in terms of the number of international candidates. Thankfully, there is an easier way to identify these schools at the MBA-level for the US offices. Aggregate all MBB Employees in the world (~95k people). "You've got a highly qualified, extremely diverse applicant pool of which you're a part and somehow you have to distinguish yourself, on top of having superior qualifications than the majority of candidates," Manlow said. Check out our article on networking to learn how you can network your way into the MBB firms using these methods. That doesn't mean, though, that prospective students can't learn about the school virtually. However, we chose to still apply this filter to clean the data up. Now back to what McKinsey is looking for. 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. It turns out that moving logos around for two years in investment banking is not always adequate training to invest in businesses. McKinsey & Company, 2. 50 Successful Essays To The GSB & HBS, Stanford, Harvard & Wharton Also-Rans In Topsy-Turvy U.S. News MBA Ranking (83,949 views), Ten Biggest Surprises In The 2023-2024 U.S. News MBA Ranking (30,357 views), 100 Best & Brightest MBAs: Class Of 2023 (22,488 views), The $150 Million B-School Donor Who Is Also A Superstar In The Classroom (21,553 views), Poets&Quants 2022-2023 MBA Ranking: A Surprising Change At The Top (8,749 views). All these factors combined result in the MBB firms (consisting of McKinsey, BCG, and Bain) receiving hundreds of thousands of applications annually. Do you have questions on this blog article? "That will speak to your values and show a commitment that's not just superficial.". 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. As for the video interviews, he recommended spending a couple of days practicing delivery, but not preparing memorized final scripts. The next tier of most popular feeder schools make up nearly 14% of McKinsey recruits. Roughly half were public universities. "If you're confident, but not arrogant, express that in your application as well.". You can also visit the entire post from Poets & Quants for Undergrads if you want to see the top feeder. The site has gathered data from its huge community of members to pinpoint which undergraduate institutions leading consulting firms commonly recruit and hire from. Overall, the top of the lists for both banking and consulting list are relatively similar. "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. Like most institutions, INSEAD has taken measures in response to COVID-19 to protect the health of its students and community. Comments or questions about this article? This tier is filled with the other traditionally strong schools and includes Columbia, Vanderbilt, and Georgetown. "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. These two schools fetch twice as many hires into MBB than the next crop. That percentage expands to 19% when you consider the top 10 feeder schools. Some of the top feeder schools to the consulting industry include London Business School, Kellogg School of Management at Northwestern University, Columbia Business School, and the MIT Sloan School of Management all top-ranked MBA programs that are well-known in the business school world. Want to know if your school is a go-to institution? I would tell candidates that all is not lost if they dont fit into an MBB. The University of Pennsylvania is another perennially top-ranked consulting feeder program. Notably, the school announced that due to safety concerns related to the coronavirus, no visitors are currently allowed on any of INSEAD's campuses. But what about for students already enrolled in a school not on those top feeder lists? "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. "There are so many ways to get to know the school better even without visiting campus," Coward said. The top consulting firms that hired from the HEC Paris MBA class of 2019 include Bain & Company, McKinsey, and the Boston Consulting Group (BCG). Check out the top feeder schools for Amazon, Apple, Facebook, and Google below. As a consultant, Francesco joined BCG in the Milan office, where he worked on projects in the energy, industrial goods, and consumer goods sectors. And third was. 2019-Mai 20201 Jahr 2 Monate. Find out which career is right for you and follow these steps to make the right decision. Professional travel has also been banned for INSEAD staff. Our servers are powered by electricity from renewable sources. 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. Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. Coward added. To get into this prestigious program, you'll need to showcase a robust international resume. Boston Consulting Group, 3. Moreover, non-US schools like INSEAD and London Business School are considered target schools for all MBB offices worldwide. . You can choose to activate only essential cookies or all cookies. Brussels-based Cathy Manlow is an INSEAD MBA graduate of the class of 2010 and an MBA admissions consultant at Stacy Blackman Consulting. 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. 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. In this tier, we start to notice that some schools have a disproportionate amount of placements into a specific firm (e.g. 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. This website uses cookies to enable essential functions like the user login and sessions. Top rated McKinsey Case & PEI coach/Multiple real offers/McKinsey EM in New York /6 years McKinsey recruiting experience For a good shot into MBB you ideally want to do an MBA from LBS or Insead. I think the main takeaway from this second screen is that your chances at MBB are still going to be solid if you go to a small liberal arts college. US Undergraduate & Masters schools | Careers | McKinsey & Company Our view is that most of the attractive MBB consulting roles are in these countries. Northwestern University was the top feeder school for the consulting industry, according to Wall Street Oasis' 2022 Consulting Industry Report for February. 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. Boston Consulting Group, 3. Consulting Career Path Roles, Salary, Progression. McKinsey Early Access is open to all full-time MBA students in the United States who are part of the class of 2024. As expected, there is no way the firms can give each of these applications the attention they deserve. Columbia placing the majority of people into McKinsey). Their per capita % is nearly double that of the remaining top schools. The MBB firms will not be coming to your campus to wine-and-dine you in the hopes that you will apply to join them; neither will you have a wide selection of school alumni at the MBB firms ready to help you. The top three feeder schools were Georgetown, American and George Washington. We are using the overall annual class size per CollegeData to conduct this screen. Careers@AACPS / Support Staff Copyright 2023 Poets&Quants, Inc. All Rights Reserved. Each firm has its own preferred recruiting grounds; they will give extra attention to applications from these schools, and even go out of their way to court the students via networking and recruitment events. Directory of Schools - Mansfield Independent School District Curtis says that the more prestigious the firm, the harder it will be to get that first interview. Next, we filtered for employees in the U.S. and Canada. The report we are looking at today is up-to-date as of this month and includes year-to-date data as well as data for the prior two years. Considering how well they also do in investment banking and private equity recruiting, I think its safe to assume that Harvard and University of Pennsylvania are the best overall schools when it comes to undergraduate business recruiting. The prestige of these companies has given them their own acronym within the industry the MBB. The differences in revenue are similar. Second tier schools for BCG include Southern Methodist University, University of Texas at Austin, University of Virginia, Harvard, Columbia, and Northwestern. And some of the schools that do, including Chicago Booth and Northwestern Kellogg,. Considering how well they also do in investment banking and private equity recruiting.

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