"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. Also found within this tier are two international schools: Cambridge University and Erasmus University of Rotterdam. Nor will it be surprising to see the Ivy publics on the list, including the University of Virginias Darden School of Business, the University of Michigans Ross School of Business, UC-Berkeleys Haas School and UNCs Kenan-Flagler Business School at Chapel Hill. The deadline for McKinseys Early Access program this year is May 13th. Top Targets - Harvard and University of Pennsylvania have placed ~2x the amount of people into MBB than the following targets. Feeder Schools to the Ivies | Ivy League Feeder Schools | Ivy Coach Hourly Services: Starting $395/hour. 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." According to field employees, Northwestern University (home of Kellogg Institution of Management) is the top feeder school to a top-tier consultancy company. 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. As expected, there is no way the firms can give each of these applications the attention they deserve. The result of this screen primarily focuses on U.S. schools, as they place much better into MBB. An MBA alum from the Amsterdam office of Monitor Deloitte comes regularly on campus to recruit for . 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. The differences in revenue are similar. Wharton, Michigan, and Harvard are the only schools that have representation at 100% of the top firms. One note: we are only looking at MBB consultants in this screen. MBA Plan Ahead Package: $4,995. Pachisia discouraged simply riding in on consulting coattails in your application if that background doesn't suit you. 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. Duke was the sixth highest feeder college, with 23 students, just behind Princeton. Harvard and University of Pennsylvania stand alone on this zenith of capitalist expression. Like most institutions, INSEAD has taken measures in response to COVID-19 to protect the health of its students and community. "With INSEAD's short and intense program, we have to do things decisively, including working on our flaws right from day one," he said. These "Weaker Target" schools have all placed between 50 and 80 hires into MBB over the past 7 years. According to the data, McKinsey has the fewest target schools at 17, BCG is next with 27 schools, while Bain accepts 30 schools for its program, the most out of the three. 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. Read more about WSOs report methodology here. 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. Like the big investment banks on Wall Street, consulting firms also have their favorites. Second was Indian School of Business in Hyderabad, India, at 230. "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." And What More? As a consultant, Francesco joined BCG in the Milan office, where he worked on projects in the energy, industrial goods, and consumer goods sectors. I recognize that this actually filters out a lot of people. This is Susan Krinsky at LSAC with the February edition of "Keeping Up to Data.". MBB Target Schools in the US: These Universities Will Get You Into After working a couple of years in the workforce, my intuition is that the kind of people that go into investment banking are quite similar to the kind that go into consulting. Business Insider requested a comment from Google, however, the company did not respond. Top 5 MBA Feeder Universities and Pre-MBA Employers Claremont-McKenna is launched into the top 10 and we also see Williams, Amherst and Davidson on this list now. At the end of the day, most bankers and consultants tend to just be highly motivated business people that want to have career optionality and make lots of money. 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. Target Schools For Consulting Firms | Consulting Prep Coaching . INSEAD's dominance in the area is so great that Poets & Quants referred to the school in 2019 as "the king of consulting," noting that the school sent over 51% of its grads into the industry and that its alumni can work "practically wherever [they] want.". Also found within this tier are two international schools: Cambridge University and Erasmus University of Rotterdam. "One has to therefore come in with an attitude of being open and self-aware, instead of constantly aiming to portray a perfect or flawless image.". But that's not its only claim to fame in the rankings. All these factors combined result in the MBB firms (consisting of McKinsey, BCG, and Bain) receiving hundreds of thousands of applications annually. However if you have a genuine interest in these subjects then go for it from a pure academic . The percentage of INSEAD MBAs going into the consulting sector generally ranges from between 30 to 40 percent. FORTUNA ADMISSIONS Feeder Colleges - Stanford MBA Class of 2020 53% of the Class came from these 19 undergraduate institutions FINDINGS: Almost 1 in 5 Stanford GSB admits did their undergraduate at Harvard, Stanford or Yale. Eligible students are welcome to apply to and attend both McKinsey Early Access and Inspire. As of February 12, we are just over 60% of the way toward the final applicant count, judging from last year. "Your passion and commitment to be part of INSEAD can often be a game-changing variable that cannot be measured quantitatively," he said. The path to a coveted offer will be a hard one regardless of where you graduate from. In this tier, we start to notice that some schools have a disproportionate amount of placements into a specific firm (e.g. But is that really the case? 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. "Even if they do not have much direct international exposure, I think they can find stories from their lives to demonstrate this quality.". If you're interested in how Canadian schools perform, you should check out a similar exercise that Atila completed. McKinsey Recruiting: Process, Timeline, Events, & Resources Inspire is a diversity-focused program . Patrick Curtis, founder and CEO of Wall Street Oasis, expects competition for top business school talent to continue to boost salaries in both industries over the next couple of years. Broadly speaking, there are two categories of applicants: Traditional feeder companies vs. Non-feeder companies. McK ($10B), BCG ($8B), Bain ($4B). 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 . If youre looking to join the ranks of the consulting elite, knowing which schools firms like to target is valuable information. The site has gathered data from its huge community of members to pinpoint which undergraduate institutions leading consulting firms commonly recruit and hire from. 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 Crossing Guard- Crossing guards are employed by the Anne Arundel County Police Department. This makes it easier to organize investment clubs, stock pitches, study sessions, etc. These 17 B-Schools Are On McKinsey's Target List For MBA Recruits Our view is that most of the attractive MBB consulting roles are in these countries. PDF Unmatched Mba Admissions Insight Coward added. Their per capita % is nearly double that of the remaining top schools. "If you're confident, but not arrogant, express that in your application as well.". Consulting firms do compete, not directly, but they do compete somewhat, with investment banks in recruiting top talent, Curtis says. The application deadline is also May 13, 2021. Is this the end of your MBB dreams? 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. See a list of all the MBB target schools in the US. Top Feeder Rankings (by total employed) Rank (Total) Institution # Employed Top Employer (Total) Top Employer (Share) 1: Carnegie Mellon University: 1,356: Google: Dropbox: 2: University of . Professional travel has also been banned for INSEAD staff. Could be the culture: When it comes to employee reviews of leading consulting shops, MBB leads the pack for overall employee satisfaction, professional growth opportunities, career advancement opportunities, feedback about job performance, fairness in how workers are treated, and a plethora of other job satisfaction ratings. Accordingly, the schools place multiple graduates into the MBB firms every year and thus warrant extra attention from them. 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. That's what's stuck in the heads of many prospective consultants. I emphasized that such learning agility would mean I can handle INSEAD's fast-paced program.". In fact, there is little space between top five consultancy feeder schools in the February 2022 report a difference of just about 0.3% or about 5 employees. Both the Boston Consulting Group and Bain & Co. have more expansive lists, with BCG having. In 2019, it dominated the other leading 35 US and European business schools and sent more than half of its graduating class into consulting. And do I have a chance even if I didn't go to one of the schools listed? 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. 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 . The NESCAC schools in particular all do great for consulting. Sustainable Food Manufacturing, MIT Sloan | Mr. CPG Senior Manager/ Climbing Enthusiast, Poets&Quants International Top 50 MBA Ranking, Insiders Guides to the Top Business Schools, Insider Insights: Top Target Schools For MBB Consulting Firms, 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, The $150 Million B-School Donor Who Is Also A Superstar In The Classroom, What Matters? US Undergraduate & Masters schools | Careers | McKinsey & Company While these mainstream recruiters of MBA talent, offering internships and jobs to hundreds of MBAs every year, closely guard the lists of their business school favorites, they tip their hands in revealing targeted programs for their pre-MBA summer programs. Even more importantly, he said this networking prepared him extensively for the INSEAD interviews with alumni. Top Feeders to Medical School - College Transitions ATLANTA (June 3, 2013) -- Spelman College students have a strong desire to give back. Careers@AACPS / Support Staff Larger school means larger student community, so you have more people chasing similar goals. That percentage expands to 19% when you consider the top 10 feeder schools. Insider Insights: Top Target Schools For MBB Consulting Firms See the introduction [tk add link] for the general methodology that we used for all industries to find positions and salaries. The business school publication Poets & Quants provided a 2019 listing of eight schools including London Business School, Columbia Business School, Kellogg School of Management at. In his own application, Low mentioned that as a leader, he sometimes focuses too much on efficiency, forgetting to motivate other team members or help them grow. 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. An important component of any MBA application involves networking. !function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r