Linkedin research on Tier 2 US mbas
So I've been looking up a lot of random profiles on LinkedIn and the conclusions are
- Top 10 MBA school kids nearly all have great career outcomes.
The lowest ranked school which provides decent BB opportunities to most of its graduates who are willing is NYU.
The lowest ranked school that provides BB IBD opportunities to at least a few of its graduates is Georgetown.
For MBB, don't go below T10. Sure you could break into Bain or BCG from a t20-25 but you'd need to be an exceptional candidate.
The career outcome for the average t20-25 MBA is pretty ordinary- they may very well have achieved the same results minus the MBA.
Who the fuck wants to be a fucking revenue analyst at Staples after studying for 2 years and dropping 150k?
This might be obvious to most, but I'm seriously thinking of just studying a STEM degree from a top 3 Cali school and then networking like my life depended on it.
Revenue analyst at Staples- fucking joke of an outcome. These are not isolated outcomes- tier 2 MBAs who are average seem to get results like this.
Views, am I being too pessimistic?
I think your conclusions are generally reasonable. The top 10 schools are clearly worthwhile for almost anyone, especially with regard to MBB. Banking is much easier to get into outside of the top 10.
However, it's deceptive to simply look at a few students from a given school and draw conclusions on the program (talking about the tier 2-type schools here). Keep in mind that a T25 school might be someone's full-ride option, whereas the student next to them in class might have considered the program a reach. For the latter student, that Staples job might be a huge leap up from being an elementary school counselor. The former student is probably one of the few from that T25 program going into a really solid post-MBA job. In short, the median career placement at a program is the right benchmark only if you'd be a median student there - the top students will get top jobs and the worse students will struggle.
Not sure of your specific career goals, but I'm a big believer of going to the cheapest program that gets you to your goals. If the STEM degree is likely to do it, go for it. Full disclosure, I chased the full-ride money and got the job I wanted over some other applicants from M7 programs - MBA programs are what you make of them. Hope that helps!
What type of job would you expect someone who's likely median or below at a 25th ranked school to obtain? Top performers will do well regardless of where they went to school; they're the ones whom recruiters will throw a bone at schools that aren't necessarily targets.
Also, keep in mind that the majority of IB and MBB folks are done within 2 years, anyway-either by choice or virtue of washing out. Most just go the corporate route after that. Someone who knows they're going corporate may not be interested in that middle step of IB and MBB, and will pick a school accordingly.
TL;DR you end up where you belong.
For PE: H/S/W For MBB consulting: top 10 For BB IB: top 20 For almost anything else: top 20
The reality is that the average job outcome for an M7 grad isn't much different than the average job for someone from a school like Duke, Texas or UVA. Only the top 1/4 or so of M7 grads obtain or have access to the "elite" jobs that people talk about on here, like PE, top hedge funds or MBB consulting. The rest of M7 grads are competing for jobs that they could have easily obtained from top 20 schools or top regional schools. And every top 20 has an assortment of elite jobs mixed in because of alumni connections or regional bias. Said another way, Booth/CBS/Kellogg/MIT are the most overrated business schools for any candidate not seeking consulting.
TL;DR: For everything but MBB consulting, job outcomes are similar for non-H/S/W M7's and other top 20 schools.
This post is bad. First, it's absolutely not true that the average Sloan grad is having a similar career outcome to say, Anderson. Secondly, even among jobs where a lot of the top 10-20 kids get them, the outcomes are not in terms of type of firms and across median and down to the bottom of the class.
For instance, Johnson sends a lot of kids to IB every year. Probably a similar percentage to a lot of the M7 in terms of who wants to go into IB. But at Booth or CBS, what you see is that almost everyone ends up at a BB/EB with very little MM mixed in. The median kids are still often at a place like BAML/Citi. At Johnson, the MMs are some of the top employers. In fact, if you look at their 2016 employment report, you see SunTrust and RBC among their top employers. You don't see a single MM on the top employers list at Booth despite being in the midwest. You see one on CBS' and it's the 10th bank listed. And Johnson is one of the top schools for banking in that 10-20 list. Likewise, you don't see a single GS/MS/JPM on the top employers list for their 2016 class. But they are among 3 of the top 4 banks at both CBS and Booth.
Similar things are true among the top rotational programs/f500 jobs. So while you may get the same job (IB), you aren't getting the same level of job.