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. Pachisia added that learning about the school online can be as simple as reading and gathering information from the INSEAD website, followed by collecting insights from as many INSEAD graduates as you can. The SBC Flight Test: $825. He iscurrentlyleading a Singapore-based company and supporting startups as a strategic advisor. WSO is an online community, news site, and career center for people working and aspiring to work in finance related fields. While it's true that a big draw to INSEAD is its status as the king feeder school for top consulting firms, Plavsic emphasized that admissions is not strictly looking for future consultants. These 17 B-Schools Are On McKinsey's Target List For MBA Recruits The top feeder schools for KPMG are Penn State, University of Illinois, University of Texas, University of Maryland, and Indiana University. Targets - There is a crop of elite schools (and somehow UC Berkeley slid in here) that solidly place into MBB every year. Directory of Schools - Mansfield Independent School District. She took this mission seriously, spending three months solely focusing on quantitative questions. Were going to employ a similar approach to what we used for the investment banking target school list. "The global pandemic caused severe economic hardship, as well as incalculable human suffering, in all corners of the globe," Coward said. Could be the money: User-reported data from jobs and news site Wall Street Oasis(WSO) shows a first-year analyst at Bain can take home as much as $82,000 a year plus an almost $9,000 bonus. In 2019, it dominated the other leading 35 US and European business schools and sent more than half of its graduating class into consulting. We set the cut-off at 80 hires per year. School Counseling; School Psychologists/ Social Workers; Section 504; Student Master Series; Student Voter Registration; Food & Nutrition Services; Academics" . "Many of these topics were new to me. 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. I actually originally included Oliver Wyman in this screen, but my guilty conscience ended up overpowering my desire for a more egalitarian society. Working with complex systems is my speciality. We collected the profiles of anyone who worked at McKinsey, BCG or Bain. "Select flaws or failures that allow you to genuinely illustrate your efforts to overcome them and grow as a leader," Low said. He believes that this is an opportunity to distinguish yourself as a self-aware candidate. These firms are paying $200K to Dartmouth MBA grads: Why Tuck is a big Well, these schools offer top-notch education, elite career support services, and usually have multiple student-run consulting-related student bodies so their students can support each other throughout the recruitment process (e.g., sharing networking contacts, exchanging case preparation materials, and conducting mock interviews with each other). Check out the top feeder schools for Amazon, Apple, Facebook, and Google below. Surprises among the top feeder schools. But I have to hand it to consultants the majority of them are extremely bright and actually end up doing a better job once in private equity. The List Of Top Ten US Colleges That Apple, Facebook, And Google Hire 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. Because of this, some of the latest trends reported by users wont start showing up until later reports. In this post, were going to apply a data-driven approach to determine what the target schools are for management consulting. We categorized this last tier as fewer than 50 hires over the past 7 years. In addition to coaching MBA candidates, she also shares her experiences with prospective students at regular INSEAD admissions events. Feeder Schools to the Ivies | Ivy League Feeder Schools | Ivy Coach In fact, this number is only increasing as competition for talent intensifies, forcing the MBB firms to widen their recruitment pool (check out our article on consulting industry trends in 2022 to learn more). He is the #1 coach on PrepLounge.com for meetings done, where he completed more than 3.000 expert sessions. I would tell candidates that all is not lost if they dont fit into an MBB. For the Per Capita %, we are taking the total number of hires, dividing it by the annual class size, then dividing that number by 7 because this data includes 7 years of hires. See WSOs full report for more detail at all 57 consulting firms. "My international experience was limited to traveling overseas and meeting people from different places," Pachisia said. "Reading [the website] page to page will give you all the information around vision, placements, curriculum, etc.," Pachisia said. "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." Hamburg Area, Germany. 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. "Primarily, saying that I want to join INSEAD because I want to enter the consulting industry isn't good enough. Target schools for MBB: 10% of the Consultancy hires are from the top 5 school. The combined prestige of firms McKinsey & Company, Boston Consulting Group, and Bain & Company is a well-known fact in the world of management consulting. Claremont-McKenna is launched into the top 10 and we also see Williams, Amherst and Davidson on this list now. And some of the schools that do, including Chicago Booth and Northwestern Kellogg,. We filtered out anyone with a masters degree, MBA, doctorate, etc. All is not lost. 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 are seeing compensation going up in consultation as well as (investment banking), especially at the junior levels. "If you're confident, but not arrogant, express that in your application as well.". If youre looking to join the ranks of the consulting elite, knowing which schools firms like to target is valuable information. At this "Semi-Target" tier, we also see that some schools have significantly stronger relationships with different firms. We see by far the biggest improvement to small liberal arts colleges. Highlights, big interviews, and more from the Milken Institute Global Conference, These 17 B-Schools Are On McKinseys Target List For MBA Recruits. USC, for example has virtually no presence at McKinsey. 1spot when ranking top international MBA programs four years in a row, and the international b-school was also first for five years in a row in the Fortuna MBA Rankings for European business schools. Northwestern University was the top feeder school for the consulting industry, according to Wall Street Oasis 2022 Consulting Industry Report for February. "I realized it's easier working with people you understand, and after that I spent all my leisure time in China experiencing 'authentic' Chinese things.". He also didn't have much international exposure, nor did he work at top consulting or Fortune 500 company. University of Pennsylvania, meanwhile, is the most popular feeder school for Boston Consulting Group, accounting for 10% of the firms 120 WSO recruits. Contribute to our Q&A forum and ask the community your question! Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. Overall, WSOs report covers school representation at 57 different firms with consulting positions. Every year, hundreds of candidates join the MBB firms from non-target schools. Harvard and University of Pennsylvania stand alone on this zenith of capitalist expression. back to top. Looking for the Top Biglaw Feeder Schools? - WSJ 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. Top 10 MBA Programs for Jobs in Consulting | FIND MBA How Do I Know Which Career Is Right for Me? Copyright 2023 Poets&Quants, Inc. All Rights Reserved. But what about for students already enrolled in a school not on those top feeder lists? One note: we are only looking at MBB consultants in this screen. WSOs 2022 Consulting Industry Report takes this user-reported data to provide insight into nearly 20 different metrics job hunters would be strapped to find anywhere else: How many hours employees work per week, for example, or how fair the company is when granting promotions. You can also visit the entire post from Poets & Quants for Undergrads if you want to see the top feeder. Where Do McKinsey, Bain, BCG Hire The Most MBAs? - BusinessBecause 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 harsh reality is that coming from a non-target school, you will have fewer opportunities to network with MBB consultants. MBB Target Schools in the US: These Universities Will Get You Into Insider Insights: Top Target Schools For MBB Consulting Firms Accordingly, the schools place multiple graduates into the MBB firms every year and thus warrant extra attention from them. Case Interview Frameworks Free Download, Free download of the most common Case Interview Frameworks. Harvard, Stanford, Wharton and many other business schools, for example, never reveal their major employers. Accordingly, the firms have to prioritize (after all, it is a key consulting skill), and a key criterion for this prioritization is the school of the candidate. "There are so many ways to get to know the school better even without visiting campus," Coward said. Our view is that most of the attractive MBB consulting roles are in these countries. Notably, the school announced that due to safety concerns related to the coronavirus, no visitors are currently allowed on any of INSEAD's campuses. This tier of schools all have very respectable placement figures and consistently place into MBB. "It cannot be stressed enough that INSEAD is a unique program, not just because it is overseas but because it attracts different kinds of applicants from your standard top-tier American business school," Shanna Ricketts, an INSEAD alum of the class of 2008 and GMAT teacher for test prep company Manhattan Prep, told Insider. Top Feeders to Medical School - College Transitions Weaker Targets We set the bracket for this tier between 50 and 80 hires. Stay up to date with what you want to know. This makes it easier to organize investment clubs, stock pitches, study sessions, etc. At Bain & Company, its top tier schools (making up 21% of its 145 total WSO member employees) are University of Texas at Austin, University of Virginia UVA, Harvard, University of Michigan, and Duke University. We categorized this last tier as fewer than 50 hires over the past 7 years. Northwestern University, home of the Kellogg School of Management. You can choose to activate only essential cookies or all cookies. We also only have work experience in North America, so we didnt feel comfortable validating and commenting on schools from around the globe. The primary focus of the program is to introduce you to the profession of consulting, showcase our firm (our work, our people, and our impact), and to foster community among your MBA peers. the top three consulting firms were also the top three recruiters. Its exceedingly true that these schools perform excellently on a per capita basis. McKinsey also hosts another program called Inspire for underrepresented pre-MBA students, including those who identify as Black, African-American, Hispanic, Latino, and/or Native American. Schools in this tier like Stanford, MIT, and Duke are much lower on the investment banking target school list. Sustainable Food Manufacturing, MIT Sloan | Mr. CPG Senior Manager/ Climbing Enthusiast, 20 different metrics job hunters would be strapped to find anywhere else, Stanford, Harvard & Wharton Also-Rans In Topsy-Turvy U.S. News MBA Ranking, Ten Biggest Surprises In The 2023-2024 U.S. News MBA Ranking, Whats New In Kelloggs Founder Focused Entrepreneurship Program, Seeking A New Look, Oxford Sad Partners With Legendary Fashion Designer Jimmy Choo, The $150 Million B-School Donor Who Is Also A Superstar In The Classroom, BCG Seeks Applicants For Springboard Pre-MBA Summer Program, Inside An Elite Experiential MBA Course: Kelloggs Global Initiatives in Management, The P&Q Interview: Berkeley Haas First-Ever Campus Sustainability Director, Texas McCombs Launches Online Masters Of Business Analytics, What Matters?