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Last Updated Mar 26, 2020 by

Real Humans of McKinsey: Allison Howard, Northwestern Kellogg ’19, Associate

While an MBA can enhance your current career path, it can also support a switch to an entirely new one. In this edition of Real Humans: Alumni, we hear from Allison Howard, an MBA graduate of Northwestern Kellogg and current associate at McKinsey.  Pre-MBA, she had a fulfilling career in entertainment, but wanted to pivot.  The leading consulting firm, McKinsey, is known for providing flexibility and support to its associates–they can choose assignments and are encouraged to pursue projects that meet their interests and skill-based needs.  Read on for Howard’s story about how an MBA helped her make a career... Read more »

Last Updated Mar 16, 2020 by

Real Humans of McKinsey: Jun Guang Da Qu, Stanford GSB ’19, Associate

Most MBAs get their feet wet in consulting interning as summer associates between their first and second school years.  Post-MBA, at McKinsey, graduates usually spend between two and three years at the associate level before evaluation for a promotion to engagement manager. The next step, in three to five years, is associate principal.  Finally, qualified candidates can become a principal or partner.  In this edition of Real Humans: Alumni, Jun Guang Da Qu, a Stanford GSB alumnus and associate at McKinsey, takes us back to the beginning of such a journey, as he reflects on the business school experience, his summer... Read more »

Last Updated Mar 11, 2020 by

Real Humans of McKinsey: Nathan Stevens, Michigan Ross ’19, Associate

What business problem have you been trying to solve the longest? Whose buy-in did you need? Which obstacles could you simply not overcome, no matter how many different angles you approached them from?  In this edition of Real Humans: Alumni, Nathan Stevens, a Michigan Ross MBA ’19 and associate at McKinsey, offers a powerful story about the impact of graduate management education. Beyond an MBA, if you love to solve global business and social problems, McKinsey is the place to be.  The firm has fostered thousands of projects for foundations and nonprofits in the social sector, and governments at every... Read more »

Last Updated Feb 20, 2020 by

Real Humans of McKinsey: Cayley Heller, NYU Stern ’19, Associate

The leading consulting firm, McKinsey & Co., staffs globally, putting consultants onto project engagements with five to six team members from other locations around the world.  This lifestyle demands keen adaptability, premier teamwork skills, and, of course, extensive travel.  The “McKinsey way” also involves structured, fact-driven, hypothesis-based processes to deliver client solutions.  MBA programs are the perfect training grounds for the analytical and many other skills McKinsey consultants need, so it’s no wonder the firm recruits about half of their consultants each year from leading business schools. For Cayley Heller, her summer internship gave her a front-and-center view of the... Read more »

Last Updated Feb 3, 2020 by

Real Humans of McKinsey: Jenna Benefield, Wharton ’18, Associate

The MBA is a vehicle for advancement in–or into–many industries, and consulting is consistently one of the most popular destinations.  And within the consulting industry, McKinsey & Company is considered one of the most prestigious firms in the world. MBA graduates usually enter McKinsey as an associate, working either as a generalist or as a practice consultant. Generalist consultants move fluidly between different industries and functional areas, whereas practice consultants spend at least 50 percent of their time focused on a particular industry or function. So, what does the pathway to McKinsey look like?  How does an MBA prepare candidates... Read more »

Last Updated Nov 1, 2019 by

Consulting Industry Insights from Dartmouth Tuck Alumni

Around a third of each Dartmouth Tuck class of MBA graduates go into consulting, with about a fifth joining the big three: McKinsey, Bain, and Boston Consulting Group. Tuck’s executive director of Career Services, Stephen Pidgeon T ’07, says “Tuck’s focus on the general management curriculum gives students a broad skillset…That, combined with our very hands-on approach to learning and practicing analytical tools and presentation skills, gives you what you need to hit the ground running.” This is all amidst an industry that is growing more complex, which can be seen in major issues such as Brexit and the Affordable... Read more »

Last Updated Jul 3, 2019 by

INSEAD Announces 2019 Cartier Women’s Initiative Award Winners

In May, INSEAD, along with Cartier and McKinsey & Company, announced the seven laureates for the 2019 Cartier Women’s Initiative Awards. The winners were recognized at an annual awards ceremony in San Francisco. This year’s theme was titled, “The Ripple Effect” and focused on highlighting entrepreneurs who have served as “catalysts for change and growth within their communities and the broader society.” The Ceremony The ceremony was held at Fort Mason Center for Arts and Culture and began with a “Meet & Learn” round table session. Led by a range of speakers, including Mélanie Laurent, the session focused on topics... Read more »

Last Updated Oct 29, 2018 by

Wharton Publishes 2018 MBA Employment Report, Announces $25M Gift

Lots of news out of the Wharton School at the University of Pennsylvania recently. Employment statistics have been published for the most recent graduating class, and a big donation will fund a cool new building dedicated to entrepreneurship in West Philadelphia as well as more international scholarships for undergraduates. Here’s what’s going on at the Wharton School. 2018 Employment Report The 2018 MBA Career Report revealed a slight increase in job offers and salaries with finance drawing in more students than ever. In 2018, 36.9 percent of full-time MBA graduates went into financial services (up from 33 percent last year).... Read more »

Last Updated Jul 12, 2018 by

MBA News You Need: MBA Programs Offer Math Intensive, UCLA Anderson Hosts BIT Conference, Elon Musk Talks Company Success, and More…

Each week we collect all the MBA news that’s fit to print and provide a quick overview of the latest trending topics from top schools around the world. Here’s your quick MBA News You Need digest for the week of July 12, 2018. MBA Programs Offer Math Camp for Liberal Arts Students To reach more applicants from liberal arts backgrounds, Carnegie Mellon University’s Tepper School of Business, Yale SOM, and Columbia Business School are among several leading MBA programs that have begun to offer math-intensive coursework over the summer. These “math camps” are ideal for former English literature and political science... Read more »

Last Updated May 8, 2018 by

Why McKinsey & Company Loves Hiring MBAs

McKinsey & Company is considered one of the most prestigious management consultancy firms in the world, with a clientele that includes 80 percent of the world’s largest corporations, along with an extensive list of governments and non-profit organisations. The firm is also a prestigious landing spot for MBAs following graduation. About McKinsey Founded in 1926 by James O. McKinsey, the firm developed an “up or out” policy, where consultants who are not promoted are asked to leave, developed by Marvin Bower. He served as managing director of McKinsey from 1950 to 1967, and remained a leadership figure at the firm... Read more »

Last Updated Apr 19, 2018 by

Michigan Ross REAL Program Turbo-Charges MBA Experiential Education

In a move that seeks to redefine experiential learning at the MBA level, the University of Michigan’s Ross School of Business has unveiled its newest learning program: Ross Experiences in Action-Based Learning (REAL). REAL is a concept that unites curricular and co-curricular opportunities so students can start, advise, lead, and invest in real-world businesses. The idea is to put students in situations that offer practical experience so they are prepared to face complex and evolving business challenges. “I’m incredibly excited about the progress we’ve already made and the direction we’re heading,” said Ross Dean Scott DeRue in a press release. “REAL represents the... Read more »

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 Mar 14, 2018 by

“Game-Changing” Gift Promises to Make Darden More Global, Benefit Every Full-Time MBA Student

One major philanthropic gift unlocked a second matching gift, resulting in a new $30 million scholarship program at the University of Virginia’s Darden School of Business that promises to make it possible for every student in the full-time MBA program to take part in a Darden Worldwide Course at no incremental cost. Announced earlier this week, the $15 million gift from the Batten Foundation triggered a matching gift from UVA’s Bicentennial Scholars Fund, which the school says places it in a unique position among top MBA programs in being able to send every student to another part of the world funded by philanthropy.... Read more »

Last Updated Mar 12, 2018 by

Ross MBA Adcom Bullish on Class of 2020—And Round 2 Decisions Aren’t Even Out Yet!

It’s a good week at the University of Michigan’s Ross School of Business. In a March 9th post to the Ross MBA Admissions Blog, Soojin Kwon, managing director of full-time admissions and program, shared her excitement about the Round 1 applicants who have paid their deposits and said they’ll be heading to Ann Arbor next fall. The details she shared about the earliest members of the Ross MBA Class of 2020 suggest that diversity is the word that defines them. In addition to a professional hockey player in the NHL, a Ghanaian who leads commercial programs for GE, a greenlight coordinator... 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 Dec 5, 2017 by

Top Tuck 2017 Employment Stat Takeaways: Salaries Up, Tech Growing, West Beckons

Dartmouth’s Tuck School of Business today became the latest leading business school to share details from its Class of 2017 MBA Employment Report, revealing an all-time high average first-year base salary and signing bonus of $158,194. To get there, the mean base salary climbed to $127,986 from last year’s $123,934, and the mean signing bonus increased 4 percent to $30,208. The median salary and signing bonus, meanwhile, remained constant year over year, at $125,000 and $25,000 respectively. Eighty-five percent of the Class of 2017 received a signing bonus, down from 87 percent of the Class of 2016. Strong demand for... 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 Nov 27, 2017 by

Career Services Director Q&A: NYU Stern Assistant Dean of Career Services Beth Briggs

NYU Stern School of Business earlier this month shared highlights from its Class of 2017 MBA Employment Report, revealing that Amazon hired more Stern graduates than any other company. It marked the first time that a technology company topped the school’s list of leading employers and is reflective of an overall trend of increasing numbers of Stern MBA graduates heading into technology. In the past five years, technology placements have more than doubled, and they represented 16.8 percent of all hires last year—up from 10 percent the year before. Amazon was followed by Deloitte (No. 2), J.P. Morgan (No. 3),... Read more »

Last Updated Oct 12, 2017 by

20th Annual Reaching Out LGBTQ MBA Conference Arrives in Boston

The ROMBA LGBTQ MBA and Graduate Student Conference, the largest annual gathering of LGBTQ graduate school students in the world, takes place Boston this week, running from October 12th through 14th. It is presented by Reaching Out MBA (ROMBA), a nonprofit organization dedicated to helping create the next generation of out business leaders by educating, inspiring, and connecting the student and alumni LGBTQ MBA and graduate studies communities. The 20th annual three-day conference offers thousands of attendees an incredibly unique opportunity to connect and expand their careers with a close-knit and inclusive community. Included in the ever-expanding event are multiple... Read more »

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