MBB's Top Feeder Schools - MBA Center Global- The Right Choice To get a job at Mckinsey, Bainor BCG you willhave to have attended one of the MBB target schools and have graduated from there. A good number of aspiring consultants want to know how to score a spot at one of the big three firms: McKinsey and Company, Boston Consulting Group, or Bain & Company. So, what are these target schools? Its exclusive, for sure. The main advantage coming from a target school provides is that you would have a strong brand on your resume and your application will be given more attention. Want to know if your school is a go-to institution? By popular demand, weve also compared the number of hires in this data with the size of each school. This implies that you still have to be the top one or two students in order to get an offer. If the impressive salaries are enticing, it helps to know a little something about breaking into the industry. Data processing in the USA: By clicking on "I accept", you also consent, in accordance with article 49 paragraph 1 sentence 1 lit. If you're interested in how Canadian schools perform, you should check out a similar exercise that Atila completed. And third was. MBA Plan Ahead Package: $4,995. WSOs reports are constantly changing based on new information users report to the WSO Company Database which includes more than 50,000 submissions across thousands of companies. The harsh reality is that coming from a non-target school, you will have fewer opportunities to network with MBB consultants. Check out our consulting resume guideto learn how you can best frame your experiences and grab the attention of your resume screener. "However, when I made on-the-spot revisions to his work, he seemed to become agitated. But the first time she took the exam, while she scored well on verbal, she was outside the range she wanted on quant, so she knew she had to work harder to increase her score. "I felt that my essays were really good because I understood the school, what it offers, and 'knit' it together with my story," he said. 1spot when ranking top international MBA programs four years in a row, and the international b-school was also first for five years in a row in the Fortuna MBA Rankings for European business schools. Feeder Colleges And Companies To Harvard Business School: Deep - Forbes "Apply only when you are absolutely sure that you cannot do any better with the essays," Pachisia said, noting that he went through at least 15 to 20 edits for his essays over a span of three months, often asking different people to read it. These are some of the brightest minds in the world the future leaders of tomorrow! "Thankfully, it paid off!". Well, the MBB firms do not exactly go out of their way to advertise which schools they prefer. For a number of MBA programs, The United States Military Academy at West Point ranks as a top feeder undergraduate institution (and West Point ranks #11 overall). Semi- / Non-Targets Schools with fewer than 50 hires over the past 7 years. Another big difference is that the INSEAD MBA program is short and intense 10 months versus the typical two years of a US-based program a point that Ricketts said is important to acknowledge in any communication with the admissions team. Could be the money: User-reported data from jobs and news site Wall Street Oasis(WSO) shows a first-year analyst at Bain can take home as much as $82,000 a year plus an almost $9,000 bonus. Manlow advised that "a bit of humility doesn't hurt" when working on your application to INSEAD. ADVICE FOR STUDENTS NOT AT A TOP FEEDER SCHOOL If you're looking to join the ranks of the consulting elite, knowing which schools firms like to target is valuable information. Harvards dominance becomes even more apparent in this screen. These "Weaker Target" schools have all placed between 50 and 80 hires into MBB over the past 7 years. The next tier of most popular feeder schools make up nearly 14% of McKinsey recruits. Could be the money: User-reported data from jobs and news site, Which schools are the Big Three most drawn to when it comes to fueling their pipeline of talent? Most of the target schools have roughly the same ranking as they did in the previous screen, reinforcing the notion that these are just extremely good schools. In short, the program gives the consulting firm an early look at incoming MBA talent. These two schools fetch twice as many hires into MBB than the next crop. The McKinsey recruiting process is a relatively regimented process that is designed to narrow down the candidate pool from >200K applicants. I think its a reasonable take, so weve conducted that screen below. Northwestern University, home of the Kellogg School of Management. I think this could be because some traditional Ivy league schools dont have rigorous accounting and finance programs. Our view is that most of the attractive MBB consulting roles are in these countries. MBB Target Schools in the US: These Universities Will Get You Into The USA is not considered to have adequate data protection legislation. Finally, we screened only for consultants with an undergraduate degree. As expected, there is no way the firms can give each of these applications the attention they deserve. They recruit at elite schools like Harvard, Cornell, Dartmouth, Yale et. Overall, being from a target school certainly helps you get your foot into the MBB recruitment process, but the advantages end there. Paschisia explained how he found networking with alumni as "definitely indirectly helpful.". 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The National Law Journal has ranked the top 50 law schools based on the percentage of graduates who took jobs at the country's biggest 250 firms by headcount, as identified by NLJ's annual survey. Which university should I choose to work in MBB? (Europe - PrepLounge She added it's one thing to have your parents pay for a trip but it's another if you picked up an extra part-time job to pay for your airfare. "I realized it's easier working with people you understand, and after that I spent all my leisure time in China experiencing 'authentic' Chinese things.". This tier of schools all have very respectable placement figures and consistently place into MBB. "INSEAD is academically rigorous and you will need to prove that you have the academic chops to succeed," Coward said. When a school only places 7 or 8 hires per year, hiring trends can be heavily influenced by a group of vocal alumni or a strong relationship at a specific firm. It turns out that moving logos around for two years in investment banking is not always adequate training to invest in businesses. You can see how well they fared at five top-tier consulting firms in the chart below. Cross Timbers Intermediate Intermediate School 2934 Russell Rd Arlington, TX 76001 Phone: 817-299-3560 Fax: 817-561-3814 Principal: Gina Rietfors ), Consulting is one of those fields where you can practice and get really good at the interview process. Top Feeders to Medical School - College Transitions We are using the overall annual class size per CollegeData to conduct this screen. And some of the schools that do, including Chicago Booth and Northwestern Kellogg,. Subscribe for Free Business and Finance Resources, If youre a consultant thinking about private equity, you should check out our, In this post, were going to apply a data-driven approach to determine what the target schools are for management consulting. Our servers are powered by electricity from renewable sources. Most of these schools also have much smaller student bodies when compared to state schools. The business school publication Poets & Quants provided a 2019 listing of eight schools including London Business School, Columbia Business School, Kellogg School of Management at. With this in mind, there are two main ways one can overcome the target school advantage: Sure, you might not have an elite school on your resume, but that does not mean your resume is immediately inferior to those with an elite school on them. We have still tiered the schools to make the data more easily digestible. Investment Banking Target School List (Using Data) - Peak Frameworks Because of this, some of the latest trends reported by users wont start showing up until later reports. At the top of the list is the University of Washington, Carnegie Mellon and Stanford all schools that boast impressive computer science departments. Read school blogs and faculty scholarships. "You don't want them to think that this is being done on a whim," Ricketts said. Second-tier schools for McKinsey appear to be Stanford University, Duke University, Princeton University, and Boston College. The SBC Flight Test: $825. To be eligible to compete for a spot, applicants need to be admitted to a full-time MBA program at one of the 17 targeted schools with an anticipated graduation date of 2023. INSEAD: How to get accepted into INSEAD the top feeder school to McKinsey & Company and other major consulting firms according to students, alumni, and admissions consultants; These semi-targets are still reasonably good schools and the notion that only the top 7 or 8 consulting hopefuls from each school will break into MBB each year is a relatively bleak one. Feeder Colleges And Companies To Stanford GSB: Deep Dive - Forbes Coward added. #1 Expert for Coaching Sessions (3.600+) | 1.300+ Reviews with 100% Recommendation Rate | Ex BCG | 8+ Years of Coaching. "Select flaws or failures that allow you to genuinely illustrate your efforts to overcome them and grow as a leader," Low said. Ricketts advised applicants to highlight any experiences that might help showcase that their international experience is an ongoing interest. Finance jobs tend to require a bit more technical understanding from the outset, which gives an opportunity for scrappy schools like NYU, Georgetown, BYU and Boston College to cultivate their skills and land offers. Next, we filtered for employees in the U.S. and Canada. "Speak to current students and alumni. Top 10 Business Schools Where Grads Earn the Most in Consulting - e-GMAT back to top. McKinsey also hosts another program called Inspire for underrepresented pre-MBA students, including those who identify as Black, African-American, Hispanic, Latino, and/or Native American. Both the Boston Consulting Group and Bain & Co. have more expansive lists, with BCG having. Top 10 MBA Admissions Consulting Firms of 2023 - MBA Insights Spelman College Ranks Among Top 10 Feeder Schools for National Service Overall, the top of the lists for both banking and consulting list are relatively similar. In addition to coaching MBA candidates, she also shares her experiences with prospective students at regular INSEAD admissions events. Top Feeder Schools to T-10 MBAs : MBA - Reddit Surprises among the top feeder schools. How to Get a Management Consulting Job at McKinsey, BCG, Bain - Insider Comments or questions about this article? Relative to investment banking, this list of consulting target schools has much less obvious break points. The result of this screen primarily focuses on U.S. schools, as they place much better into MBB. She retook the exam at the end of the summer and scored 50 points higher. The Social Impact Consulting Group at Penn is a non-profit, student-run organization that gives students the chance to accumulate real-world experience working with major companies. Top Feeder Colleges to America's Elite B-Schools I would tell candidates that all is not lost if they dont fit into an MBB. Pachisia suggested that INSEAD candidates spend significant time on their essays and video interviews and avoid being in a hurry to submit their application until they've done their due diligence. Of the big three MBB firms, McKinsey & Co. has the smallest target list of favored business schools. "You want them to know you embrace this difference," Ricketts said. These INSEAD alumni stories could be a good starting point. I am very interested in Kelley, but cannot see the Our Partner Sites: Poets&Quants |Poets&Quants for Execs | Tipping the Scales | We See Genius, About Poets&Quants | P&Q News Archives | Privacy Policy | Advertising & Partnerships | Editorial | Contact Us | Sign In / Register. Tuck is a relatively small business school, with roughly 300 graduates each year. Data is reported by WSO users who actually work in the consulting industry. The Best Business Schools for Consulting | Clear Admit There needs to be deeper research," he said. al. We are seeing compensation going up in consultation as well as (investment banking), especially at the junior levels. "Many of these topics were new to me. The five companies selected include Mckinsey and Company, Bain and Company, Boston Consulting Group (BCG), Deloitte and Accenture. Coward added that the fact that the world has changed dramatically since the last admissions cycle provides a special opportunity to showcase what you're doing in relation to INSEAD's motto. "Their input helped me know many things about myself that I didn't even think of or realize, even vulnerabilities," Jiang said. (If investment banking is more your bag, you can find the top 25 feeder schools for that industry here.) So do I have no chance if I study at another school? Best Business School for Consulting #3: Yale School of Management. a GDPR, to your data being processed in the USA. Broadly speaking, there are two categories of applicants: Traditional feeder companies vs. Non-feeder companies. See a list of all the MBB target schools in the US. Of the 1,577 users who currently hold positions across the 50-plus consulting firms, 168 are employed by McKinsey. . We categorized this last tier as fewer than 50 hires over the past 7 years. Some of the top feeder schools to the consulting industry include London Business School, Kellogg School of Management at Northwestern University, Columbia Business School, and the MIT Sloan School of Management all top-ranked MBA programs that are well-known in the business school world. Paschisia said. Welcome to Mansfield ISD. They include the University of Pennsylvania, Duke University, Brigham Young University, Rice University, The University of Sydney in Australia, and the University of Chicago, Stanford University and Cornell University. MBA Interview Prep: Starting at $575 for Video Interview/Video Essay only. Accordingly, the schools place multiple graduates into the MBB firms every year and thus warrant extra attention from them. For reference, Harvard's acceptance rate is ~5%. Duke was the sixth highest feeder college, with 23 students, just behind Princeton. Consultant titles are way more confusing than investment banking ones there is definitely less uniformity across peoples LinkedIn titles, but we think this filter is good enough. It becomes hard to isolate for pure undergraduate strength if you include any people with master's degrees. All of these schools have relatively even representation at all of the MBB firms. Some of McKinseys surprise pet schools found further down the list include Butler University and Copenhagen Business School. "It needs to be more than you studied abroad for a semester as an undergraduate student.". McKinsey & Company, 2. These 17 B-Schools Are On McKinsey's Target List For MBA Recruits PDF Unmatched Mba Admissions Insight Applicants to ABA law schools are up 0.7% as compared to last year, and applications to ABA law schools are up 1.5% as compared to a year ago. To help, WSOs 2022 Consulting Industry Report has compiled the top schools for recruiting and hiring targeted by 57 of the top consulting firms. If your school is in this range, the statistics are pretty bleak because it implies that only 1 or 2 people per year are getting hired into MBB. McKinseys favored schools for its pre-MBA program is the most predictable of the big three. Join the worlds leading case interview community today and get everything you need to prepare for your upcoming case interviews! Manlow guides applicants toward addressing an area that's particularly important to INSEAD: its motto of "business as a force for good," encouraging students and alumni to make a positive contribution to society, regardless of industry. You can always change your preference in the, Consulting Target Schools for the US MBB Offices, Entering Consulting from a Non-Target School. Claremont-McKenna is launched into the top 10 and we also see Williams, Amherst and Davidson on this list now. The MBB firms are meritocratic organizations looking for the best talent possible. <p> Targets at all 3 Harvard (National) Yale (National) Princeton (National) Stanford (National) MIT (National) Penn (National) Duke (National) Dartmouth (National) Brown (National) Northwestern (Chicago offices) U of Michigan (Chicago offices) Cal Berkeley (San Francisco offices) Georgia Tech (Atlanta offices) UNC (Atlanta offices) After working a couple of years in the workforce, my intuition is that the kind of people that go into investment banking are quite similar to the kind that go into consulting. Case Interview Frameworks Free Download, Free download of the most common Case Interview Frameworks. Reach out to them, have a phone conversation, follow up with them, he says. How did you create impact or lasting change? We then screened for job title, only selecting junior and mid-level consultant titles. Notably, the school announced that due to safety concerns related to the coronavirus, no visitors are currently allowed on any of INSEAD's campuses. That equates to roughly 7 or 8 hires per year, which is perhaps 2 or 3 students into each MBB firm every year. While some 20% of the Stanford MBA Class of 2020 who attended Harvard for undergrad went on to McKinsey, BCG or Bain & Co. (the top three consulting . Were going to employ a similar approach to what we used for the investment banking target school list. Therefore, as long as you take every available opportunity to improve your profile (e.g., achieve a great GPA, participate in case competitions, take up leadership roles) and refine each line in your resume to make sure it is concise, fact-based, and results-oriented, there is no reason you cannot beat out your target school competitors. Thankfully, there is an easier way to identify these schools at the MBA-level for the US offices. With the hefty disclaimer on data out of the way, lets finally tickle the insatiable part of our brain that rewards us for feelings of esteem and prestige. While it's true that a big draw to INSEAD is its status as the king feeder school for top consulting firms, Plavsic emphasized that admissions is not strictly looking for future consultants. We set the cut-off at 80 hires per year. Thats 35 WSO users now working in the industry, a 14% drop from Northwesterns share from last years report. McKinsey Early Access | Careers | McKinsey & Company . Boston Consulting Group, 3. This coming school year, 18 Spelman graduates will join City Year, a national organization that unites young people for a year of service in . And if so, which schools are these in the US? Top Targets Harvard and University of Pennsylvania have placed ~2x the amount of people into MBB than the following targets. Take a look into the structure of consulting firms, salary expectations, and exit opportunities. McKinsey describes its Early Access program as an opportunity to engage in interactive sessions with our consultants and leaders where you will gain insight into our culture and the work we do, while creating community among your future classmates and enriching your skills., MCKINSEY ALSO HOSTS A TWO-DAY VIRTUAL EVENT FOR URM PRE-MBA STUDENTS. "The INSEAD community, while extremely accomplished, is also surprisingly modest and down to earth," Manlow said. If youre a consultant thinking about private equity, you should check out our Private Equity Recruiting Course, which will fully train you how to model and prepare for the interview. These 17 B-Schools Are On McKinsey's Target List For MBA Recruits All these factors combined result in the MBB firms (consisting of McKinsey, BCG, and Bain) receiving hundreds of thousands of applications annually. It has almost 900,000 registered users who report a trove of data on the companies where they work. ATLANTA (June 3, 2013) -- Spelman College students have a strong desire to give back. The data provided by State had specifications: it counted the school where . McKinsey, for example, is going to be a lot harder in terms of the resume filter, he tells Poets&Quants. Stuyvesant High School is the . Bain & Company. Historically, Goldman used to send recruiters and hiring managers to top "feeder" schools to recruitthe arguable assumption being that they would find the highest concentration of talented, high-caliber candidates at those schools. She noted that INSEAD requires knowledge of two languages English and one other to apply, so you should incorporate this fact in a deeper way as well. Ayush Pachisia, who is also part of INSEAD's class of 2020, added that the school's emphasis on multicultural collaboration is mirrored in the diversity of each MBA batch. Hourly Services: Starting $395/hour. Its easier to take a trip to NYU knowing that every single person in Stern is going to show up to your info session vs. going to a small liberal arts college where you might get 10 to 20 keen folks who are also juggling offers elsewhere. Could be the culture: When it comes to employee reviews of leading consulting shops, MBB leads the pack for overall employee satisfaction, professional growth opportunities, career advancement opportunities, feedback about job performance, fairness in how workers are treated, and a plethora of other job satisfaction ratings.