A reader writes in with some depressing exit packages for consulting firms. More

A reader points us to this B’berg article on how banks and consulting firms are stepping up their on-campus recruiting efforts of MBAs. Turns out there’s mad demand for them, right now, at least. So much so that yes, salaries are going up, they’re getting slipped tons of cash in big bags, etc etc. Unfortunately for those of you not yet in school, chances are it’s too late to capitalize on this wave of demand, and by the time you go and get out, you’ll be part of a huge bubble of MBAs that have gone to school to capitalize on this wave of demand.

The interesting info about this piece is that firms are holding 10-15 sessions per recruiting season, which is not surprisingly creating an “intense” recruiting environment. Wharton has limited companies to visiting three times per academic year to “reduce the frenzied perceptions by some students that they had to attend all 15 events to show they were really interested in a particular company,” Michelle Antonio, director of the career management office tells Bloomberg.

Meanwhile, a top Citigroup recruiter explains that the firm’s aim is to be on campus anywhere from 1x per week or once every 2 weeks.

Total comp figures of last year’s grads, which you can access in detail on the websites of MBA programs, is summarized below:

• Harvard: $186,174
• Stanford: 183,000
• Columbia: $169,194
• Wharton: $167,607
• Kellogg: $150,942
• Sloan: $148,081
• GMAC reports average salary for MBAs was $92,360 / signing bonus was $17,603.

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