McDonald's Hamburger University - Higher Employment Stats & More Exclusive than All Top MBA Programs Except Stanford
The Economist released an article on Saturday about McDonald's "Hamburger U," a corporate training program that accepts only 1 in 15 applicants and trains them in McDonald's-specific restaurant management. McDonald's spends $61 million a year on training, offers year-long apprenticeships at actual universities, and has an above 99% employment rate immediately post graduation.
Comparing this to top MBA programs, we get the following (via Poets & Quants):
- McDonald's Hamburger U
Acceptance Rate: 7%
Percentage of Hams with Job Offers at Graduation: 99.9% - Harvard
Acceptance Rate: 13%
Percentage of MBAs with Job Offers at Graduation: 90% - Stanford
Acceptance Rate: 7%
Percentage of MBAs with Job Offers at Graduation: 76% - Wharton
Acceptance Rate: 19%
Percentage of MBAs with Job Offers at Graduation: 86% - Chicago
Acceptance Rate: 23%
Percentage of MBAs with Job Offers at Graduation: 88% - NU Kelogg
Acceptance Rate: 24%
Percentage of MBAs with Job Offers at Graduation: 89% - MIT Sloan
Acceptance Rate: 16%
Percentage of MBAs with Job Offers at Graduation: 59% - Columbia
Acceptance Rate: 21%
Percentage of MBAs with Job Offers at Graduation: 84% - Duke Fuqua
Acceptance Rate: 27%
Percentage of MBAs with Job Offers at Graduation: 87%
You can see here that only Stanford's MBA program can match McDonald's in terms of exclusivity and only Harvard can come close to Hamburger U in terms of employment.
As we all know, after working spreadsheets as an analyst for two years investment bankers are ready and capable to lead a major corporation. In this era of the rececession, perhaps Princeton -> Goldman -> Ham U -> McDonalds CEO is the next path for the true elite.
Soon, gentlemen with ascots will be smiling to each other at the club as they say, "Do you want fries with that?"
The proper answer, so you don't embarass yourself when the time comes, is "Of course, my good man. Super-size me."
As LSO famously said. "Cheap things usually suck."
Also, apparently "Standord" is a thing and the Columbia employment stats are from the year 2912.
Who knew?
I would love to be able to put Hamburger U under the education section of my resume.
It's a better brand than Harvard: http://brandirectory.com/league_tables/table/global-500-2013
And once again, there is a bias against Asians. Hamurger U in China has an acceptance rate of less than 1%.
http://www.bloomberg.com/news/2011-01-26/getting-into-harvard-easier-th…
Boycott McDonald's now.
hahaha amazing find
Anyone want to weigh in as to why Sloans offer rate at graduation is so low?
Or "Standords?"
Stanford reports 78% (http://www.gsb.stanford.edu/sites/default/files/documents/Stanford%20GS…) no idea why its so low
I'm betting it has something to do with the Poets & Quants numbers (I didn't exactly do serious research here.)
Some of them are from 2011 (I think?) and the economy was a bit more shitty
This was the only interesting statistic here.
Yeah its reported incorrectly here and the OP should update the original post. I Googled it and their most recent employment report shows 92% employed at graduation (http://mitsloan.mit.edu/mba/career-support/employment-report/).
I don't really care that much. It was a joke post - if that wasn't horribly obvious.
All statistics were from Poets and Quants. I've already said they aren't up to date.
The heck lol.
Imagine receiving a decline from Hamburger U and an acceptance from Harvard on the same day. Would be the epitome of irony.
How many of the 99% that find a job are employed by McD's? All of them? And what is the commitment one has to make for going through that training program (I'd imagine there is a contract).
It does say that they know there's going to be a high turnover and that they're training people who will then leave (presumably for other fast food places) but I think you took this too seriously :p
I worked at MCdonald's its the best experience ever. Throwing some burgers around:)
It motivates me to apply for a McDonald's job this summer instead of internship LOL But, personally I think the employability isn't depends on the price of products so that's not surprised.
The process of applying to Mcdonald's has become 10 times tougher in the U.K. I am sure you it would be ten times competitive when you would apply to place where area you live.
i would imagine that a management training program for a corporation obsessed with its own brand would be pretty selective. heck, i'll bet the training you'd receive from Hamburger U would be far more valuable to a small business owner than anything they teach at an MBA program.
I trained in a non-target/MM environment (Bob's Big Boy) and was much better than some of these McD grads. Prestige isn't everything.
Made me chuckle, but so true... I've met too many Harvard MBA grads, and oh God... The quality just is not there...
Me, too. But that's what happens when you select 23-year-olds with little to no real work experience and base acceptance off of GMAT and GPA.
College sophomores better start practising burger flipping skills instead of excel modeling.
Can someone tell me about the interview process? What's the typical stats of one who gets in?
Just speculating, but maybe the amount of grads who create startups are not included in the statistic? I don't know how they define job offer in these statistics.
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