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Last Updated Mar 21, 2018 by

How to Break into the “MBB”—Best Business Schools for Landing Top Consulting Jobs

With starting salaries in the $140,000 to $150,000 range and a customary $25,000 signing bonus on top of that, it’s no wonder so many business school students target the prestige consulting firms known as the “MBB”—McKinsey & Company, Boston Consulting Group (BCG), and Bain & Company—as their post-MBA landing pads. That $170,000+ annual compensation package can quickly cut any MBA loan debt you may have taken on down to size. Indeed, management consulting has been one of the most coveted career paths for fresh MBA grads for ages. And though the technology industry has in recent years been stealing some grads from... Read more »

Last Updated Feb 27, 2018 by

7 Top Takeaways from Leading Business School 2017 Employment Reports

There’s been a steady stream of salary and employment data from leading business schools over the past several months as one after another has released 2017 employment reports. We’ve shared a lot of it along the way, including special reports on Kellogg, McDonough, NYU Stern, Tuck, and Stanford. With results from nearly every top school now in, prospective MBA students can take heart that the news is pretty universally encouraging. Overall, data gathered about the Class of 2017 reveal growing salaries across all industries and very high employment rates among graduates from all top institutions. Taking a look at the reports as a group,... Read more »

Last Updated Dec 8, 2017 by

Career Development Q&A: Jeff McNish of the University of Virginia Darden School of Business

Sponsored Content We recently spoke with Jeff McNish, assistant dean of career development at the University of Virginia Darden School of Business. McNish joined Darden to lead its Career Development Center in 2016 and hit the ground running. An expert in higher education and careers who most recently served as head of the career center at the University of North Carolina Kenan-Flagler Business School, McNish and his team are devoted to student success, cultivating an individually tailored approach that begins before new students even step foot on Darden grounds. Clear Admit: What role does the Career Development Center play in... Read more »

Last Updated Nov 28, 2017 by

Latest Kellogg Employment Statistics Reveal Rising Interest in Tech

A record one in four—25 percent—of graduates from Northwestern’s Kellogg School of Management Class of 2017 headed off into jobs in the technology field, according to the school’s most recent employment report, released earlier this month. That’s up from 22 percent last year and just 15 percent the year before and echoes a trend at many leading business schools this year. Amazon hired 32 Kellogg grads, making it the third largest recruiter in 2017, behind only McKinsey and Boston Consulting Group (BCG). But Amazon was far from the only tech firm to hire at the school. “It’s not only the... Read more »

Last Updated Sep 20, 2017 by

Choosing the Best Business School for Consulting

If you are a prospective MBA applicant looking to business school as a way to enter or accelerate your career in the consulting industry, you are certainly not alone. According to the 2017 Prospective Student Survey conducted by the Graduate Management Admissions Council (GMAC), consulting is once again the most sought-after postgraduate industry, with 33 percent of applicants surveyed citing consulting firms as their destination of choice. The consulting function, too, is a top draw. One in four indicated it as their chosen job function, after just marketing/sales (30 percent) and finance/accounting (28 percent). With so many MBA graduates vying for... Read more »

Last Updated Aug 16, 2017 by

CEO Activism? Biz Leaders Tell Trump Enough Is Enough

President Donald Trump got elected—in part—because he represented a break from traditional Washington politics that had left many frustrated and disillusioned. A businessman who’d made billions in real estate, he prided himself on being able to close deals. He quickly set out to surround himself with business-minded folks like himself, establishing the Strategy & Policy Forum and Manufacturing Council soon after taking office. These two groups drew together dozens of prominent CEOs to advise him on a range of issues in his new role. Twenty-four preeminent heads of manufacturing—including companies as varied as Intel, Under Armour, Merck, Johnson & Johnson,... Read more »

Last Updated Jul 21, 2017 by

Darden Debuts MBA Application Tip Video Series Amid MBA Program Leadership Changes

Sara Neher, long-time assistant dean of admissions at UVA’s Darden School of Business, recently announced the debut of a 12-part MBA application tip video series for the 2017-18 admissions season. The brief videos—each between three and five minutes long—cover individual components of the application and are designed so that applicants can watch them all at once and/or return to them one by one as they work on different parts of the application. “I really encourage you to watch them because they will give you tips that will help you prevent mistakes and know what we are looking for,” explained Neher... Read more »

Last Updated Jun 16, 2017 by

H1-B Visas and MBAs, Take Two: Why Such a Big Deal Right Now? Which Employers Are Sponsoring?

Yesterday, we debuted the first in our series on H1-B visas with an examination of what the H1-B visa is and what the process involved to get one is like. Today, we’ll delve deeper to better understand why it’s become such a hot topic right now as well as look at data from a range of sources on U.S. employer willingness to sponsor international MBAs who require legal documentation such as the H1-B. Why Are H1-B Visas Such a Big Deal Right Now? International students attending business school in the United States with hopes of remaining there to work after... Read more »

Last Updated May 1, 2017 by

To Pre-MBA Boot Camp or Not? How to Spend Your Summer Before Business School 

It used to be that you got into business school, gave notice at your job, maybe spent some time backpacking through some faraway part of the world, and then showed up on campus ready to start your next chapter. Today, though, recruiters who are eager to meet with promising members of the Class of 2019 host dozens of pre-MBA boot camps and other networking events over the summer. And that can leave those who don’t take part at risk of feeling left behind on the first day of school. Summer Pre-MBA Events: What You Need to Know If you think... Read more »

Last Updated Mar 31, 2017 by

Fridays from the Frontline: February 2017 MBA Mama of the Month Charanya Kannan

To close out Women’s History Month, we are delighted to feature another amazing woman balancing the demands of pursuing her MBA with the demands of raising a family. Harvard Business School (HBS) second-year MBA student Charanya Kannan was named MBA Mama of the Month for February 2017 by our content partner, MBA Mama. A wife and mother of one, Kannan began her career as a TV anchor in her native India. She went on to earn an engineering degree and a diploma in management from Bombay and to join the Tata Group’s leadership program. Tata sent her to South Korea... Read more »

Last Updated Feb 16, 2017 by

Are LBS MBA Grads Falling Out of Love With Finance?

London Business School (LBS) MBA graduates are seeing higher salaries and increased hiring rates, but their love of the finance industry seems to be waning. According to the 2016 London Business School employment report, MBA grads are heading into the financial sector at the lowest rate in five years. Now, to be fair, one in every four LBS grads (25 percent) stills takes a job in finance, but that’s well behind the 35 percent of graduates who enter consulting. The technology industry hired the third-most LBS 2016 graduates at 21 percent—matching the the previous year. via London Business School Employment Report 2016 Goldman... Read more »

Last Updated Jan 11, 2017 by

Fuqua Professor Campbell Harvey on the “January Barometer” Myth

More than 40 years since its incarnation, the so-called “January Barometer”—a theory that the direction stocks take in January predicts how their entire year will play out—is still going strong in some camps. But it’s not without its vocal detractors. In a recent Wall Street Journal article entitled “Sorry, the ‘January Barometer’ Is a Market Myth,” Fuqua School of Business Finance Professor Cambell Harvey weighs in—in opposition. Citing the Stock Trader’s Almanac, the Journal article credits the January Barometer, also sometimes called the January Indicator, as being devised by market guru Yale Hirsch in 1972. And its proponents, including Hirsch’s son, Jeffrey, who serves as editor of... Read more »

Last Updated Jan 10, 2017 by

MIT Sloan 2016 Employment Report Reveals Slightly Slipping Salaries

MIT Sloan School of Management late last week released its 2016 MBA Employment Report, revealing slightly slipping salaries year over year and slightly lower percentages of graduates heading into consulting and technology than in prior years. The pharmaceutical/healthcare industry drew the third largest percentage of graduates—5.8 percent—knocking investment banking out of the top three for the first time—perhaps ever. Investment banks drew just 4.7 percent of the 2016 class, down from 6.1 percent last year, 6.8 percent in 2014 and 8.1 in 2013.   As it has for several years running, consulting snapped up the most MIT Sloan grads this... Read more »

Last Updated Dec 30, 2016 by

Stanford 2016 MBAs Have Banner Year for Employment

Stanford University’s Graduate School of Business (GSB) recently revealed data that cemented 2016 as a banner year for MBA graduates when it comes to both employment and salaries, demonstrating how in demand the talent and flexibility of its graduates are in the marketplace. The mean compensation for graduating MBAs from Stanford’s most recent class was $179,345, a figure that includes the mean $23,636 starting bonus reported by 55 percent of the class and the record-breaking mean other guaranteed compensation of $74,665 reported by 35 percent of the class. Median total compensation, meanwhile, was $163,827. This figure puts Stanford GSB grads ahead of Class of... Read more »

Last Updated Dec 29, 2016 by

Johnson Welcomes Vets as Part of Annual Military Preview Event

With an ever-increasing enrollment of military veterans at the Samuel Curtis Johnson Graduate School of Management at Cornell University, the school recently welcomed a new group of distinguished prospective applicants on campus. Johnson hosted 30 military veterans last month, part of its annual Military Preview event held each year on or close to Veteran’s Day. Johnson Dean Mark Nelson welcomed them. “We are committed to maintaining and growing that proportion,” Nelson said. “Veterans bring a wealth of leadership experience and capability to Johnson and are a great fit to the culture of the school.” Joining Dean Nelson was Eric Musser, an... Read more »

Last Updated Dec 29, 2016 by

Top #MBA Tweets of the Week: 2016 in Review

Welcome to the final 2016 edition of Top #MBA Tweets of the Week, our roundup of popular Twitter posts from the business school community. With the year wrapping up, we’re taking a look back at our most popular posts of 2016. 2016 kicked off with a look at motherhood amidst an MBA: This week's Fridays from the Frontline: attending @HBSadmissions #MBA while juggling motherhood — Clear Admit (@ClearAdmit) January 8, 2016 While tech rose to the top in February: Top #MBA Programs with a tech focus: @MITSloanAdcom @BerkeleyHaas @uclaanderson @teppercmu — Clear Admit (@ClearAdmit) February 12, 2016 Followers... Read more »

Last Updated Dec 28, 2016 by

$2.1M Gift to Goizueta Promotes Study of Business and Government

The best business schools continually seek to improve what they can offer their students, whether that be by adding courses, hiring new professors or providing new opportunities. For the Goizueta Business School at Emory University, the latest improvement came in the form of a $2.1 million pledge from the Robson Foundation, set up by former Dean John E. Robson to establish the “John Robson Endowment for the Study of Business, Public Policy and Government.” The gift will allow the school to develop a program focused on the growing complexities of business and civics. To get a better idea of exactly what the endowment... Read more »

Last Updated Dec 28, 2016 by

Trump Appoints Controversial UC Irvine Professor Peter Navarro

Peter Navarro, a professor of economics at UC Irvine’s Paul Merage School of Business and one of the nation’s harshest critics of China, has just earned a seat on President-elect Donald Trump’s cabinet. As a professor with the business school for more than 20 years, Navarro penned nine books, most of which unmistakably mark China as a threat to the United States and the world at large. Several of his published works include The Coming China Wars, Death by China: Confronting the Dragon—A Global Call to Action and Crouching Tiger: What China’s Militarism Means for the World. Death By China was also... Read more »

Last Updated Dec 26, 2016 by

MBA Admissions Round 2 Deadlines: The Moment of Truth

Over the last couple of weeks we published a series of MBA admissions tips for Round 2 application deadlines. Today, as a little holiday offering for our readers, we’ve conveniently gathered those tips into one tidy post, to help keep you organized. This next week, between Christmas and New Year, is critical for those of you working to meet the deadlines.  As such, we wish you then best of luck!   Planning for Round 2 | Application Deadlines Here you can find all the dates for the fast-approaching January deadlines. The tip also includes some strategic advice regarding school selection,... Read more »

Last Updated Dec 21, 2016 by

Accepted to Wharton? Don’t Miss this Message from Maryellen Reilly

Maryellen Reilly, deputy vice dean for MBA admissions, financial aid and career management at the University of Pennsylvania’s Wharton School, took to her blog recently to give her team’s perspective on Wharton’s release of Round 1 decisions on December 15th. Maryellen Reilly, Wharton deputy vice dean of MBA admissions, financial aid and career services “Yesterday, we got to do our favorite part of the job—making the phone calls to let prospective students know they’ve been admitted,” she wrote in her December 16th post. “It’s a blast. The joy and excitement we heard on the other end of the line when sharing this... Read more »

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