before jumping into the conclusion that x,y,z, mba program places a 'ton' of its grads into MBB consulting:

1) lots of students at MBA business schools">M7 MBA were MBB analysts who are sponsored by MBB to attend MBA, meaning they have an offer waiting come MBA graduation -> this inflates MBB placement stats for MBA

2) lots of students at MBA business schools">M7 MBA land at MBB shops overseas, such as Asia. these are mostly international students who couldn't crack an offer in the U.S. and going back to their home countries. -> this also inflates the 'true' MBB placement stats for MBA

Edit: my friend at Columbia MBA told me about the two above rather important considerations. His claim that MBA business schools">M7 MBA career 'stats' are vastly flawed and hence shouldn't be taken at face value.

 
Best Response
IvyGrad:

before jumping into the conclusion that x,y,z, mba program places a 'ton' of its grads into MBB consulting:

1) lots of students at MBA business schools">M7 MBA were MBB analysts who are sponsored by MBB to attend MBA, meaning they have an offer waiting come MBA graduation -> this inflates MBB placement stats for MBA

2) lots of students at MBA business schools">M7 MBA land at MBB shops overseas, such as Asia. these are mostly international students who couldn't crack an offer in the U.S. and going back to their home countries. -> this also inflates the 'true' MBB placement stats for MBA

Edit: my friend at Columbia MBA told me about the two above rather important considerations. His claim that MBA business schools">M7 MBA career 'stats' are vastly flawed and hence shouldn't be taken at face value.

Columbia publishes the data on new hires vs. sponsored students: http://www7.gsb.columbia.edu/recruiters/sites/default/files/pdfs/employ…

McKinsey New: 33 McKinsey Spon: 27

Bain New: 13 Bain Sponsored: 11

BCG New: 10 BCG Spon: 12

 
AnalyzeThat:

I think what we really need to know is what other schools you are applying to. Will you be at a disadvantage vs GSB/HBS? ..probably but that is irrelevant if you didn't apply there.

I remember seeing a post from an engagement manager from BCG on this forum a long time ago, and he/she stated that the firm typically grants first-round interviews to all of the applicants from GSB/HBS.

Now, 56 students from CBS got new FT offers to MBB. The class size is about 740, and if we say half the class applied to MBB (a very accurate assumption, I know) then about 15% of the applicants ended up getting an offer. I'm not sure what sort of % applicants from GSB/HBS ultimately land an offer.

 

^

33 new hires for McK includes both international and domestic offers. I've heard this numerous times from my MBA buddy at Columbia that many Asian or European students at MBA fail to land a gig in the U.S. and head back to their home countries and get MBB offers in their country. These numbers are definitely included in that 33 new hire figure for McK, so tread carefully. (I've heard that a bunch of Asian students end up with MBB in Shanghai, Seoul, Tokyo, type of MBB offices)

Unless you speak the native language in those Asian countries AND want to live in those countries, you should discount these MBB offers off the 33 new hire figure. At any rate, who would want to work at MBB Asia over MBB U.S.? (I've heard MBB Asian offices pay lower than U.S. offices and hours are 30-40% worse than U.S. -> it's crap)

FWIW, it's a lot harder to get MBB in U.S. compared to Europe or Asia. I've heard that getting MBB in Europe is equivalent to getting ACN or Deloitte U.S. in terms of sheer competition and difficulty, but I could be wrong here.

 
IvyGrad:

^

33 new hires for McK includes both international and domestic offers. I've heard this numerous times from my MBA buddy at Columbia that many Asian or European students at MBA fail to land a gig in the U.S. and head back to their home countries and get MBB offers in their country. These numbers are definitely included in that 33 new hire figure for McK, so tread carefully. (I've heard that a bunch of Asian students end up with MBB in Shanghai, Seoul, Tokyo, type of MBB offices)

Unless you speak the native language in those Asian countries AND want to live in those countries, you should discount these MBB offers off the 33 new hire figure. At any rate, who would want to work at MBB Asia over MBB U.S.? (I've heard MBB Asian offices pay lower than U.S. offices and hours are 30-40% worse than U.S. -> it's crap)

FWIW, it's a lot harder to get MBB in U.S. compared to Europe or Asia. I've heard that getting MBB in Europe is equivalent to getting ACN or Deloitte U.S. in terms of sheer competition and difficulty, but I could be wrong here.

I went through MBB recruiting a few years back, and my memory might not be serving me right, but don't these firms have global recruiting model? So you only get to apply to one country? (then pick the office preference?) If a person went for the U.S. office recruiting and didn't get an offer, that person is not going to be eligible to apply to another Asian / European office, even if the recruiting season takes place at a later date, right?

I know a handful of classmates who ended up working at MBB overseas (Europe and Asia) and I doubt they tried to work in the U.S. office first.. they mostly went back to the country where they grew up, to raise kids etc.

 

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