For Shame…
By BankersBall on Apr 26, 2006 in Cube Life, M.B.A.: means business, a**hole, Rankings
Everybody wants to work for McKinsey. Or at least ~18% of MBAs do, according to Fortune’s survey of top MBA employers.
Banks were whooped by consulting firms all around, not even making the top five. I wonder if this has to do with the much reported MBA interest in private equity. No one PE shop would make the list, but the PE interest is probably coming from the pool of people that would otherwise work at a bank.
Here’s the top ten (followed by % of respondents who said they would most like to work at)
1) McKinsey & Company (18% )
2) Google (13%)
3) Goldman Sachs (13%)
4) Bain & Company (12%)
5) The Boston Consulting Group (11%)
6) Citigroup (9%)
7) Apple Computer (9%)
General Electric (8%)
9) Johnson & Johnson (8%)
10) Morgan Stanley (7%)
McKinsey and Google were also the top two for only women MBA respondents.
Also in Fortune’s coverage — a definitive answer to the question “Does it matter where I get my MBA?”
“The big brand-name investment banks and consulting firms do 90% of their recruiting at a “target list” of brand-name campuses - and it’s a tiny number of schools, sometimes as few as six, sometimes as many as 14, but a tiny list.
I try to encourage them to look at the next tier of schools, because there are some very sharp students there, but the top firms won’t even look. It isn’t the recruiters’ fault, by the way. Their lives would actually be easier if they had a broader pool of candidates. No, it’s the partners making that decision, and it has to do with the whole culture, and traditions that date back many years.
So yes, if you want to work at a top firm, you have to go to a top school like Harvard, Wharton, Chicago, Stanford, or Columbia - unless you have an uncle in the business.” (Greg Ruf, CEO of MBA Focus, to Fortune)


On May 25, 2006, lex said:
isn’t goldman a bank? they are #3