Business School Research

In the three-part series on London Business School MBA Salary, we start with LBS MBA Salary and placement trends by industry. 

Consulting industry with 45% placement, stands out as the most popular industry among LBS MBA graduates of 2023. The hiring rate for the LBS Consulting sector is higher than all the M7 schools, but the mean salary for Consulting roles, $164,728, is $26,000 behind the average of top US MBAs, i.e., $190,000. 

In the fourth and final part of the Cornell MBA Salary Series for the 2023 graduating class, we cover top Employers recruiting at Cornell Johnson Graduate School of Management. 

The Cornell MBA Class of 2023 comprises of top 15 employers for full-time positions. The list comprises Consulting giants like Bain & Company, BCG, Deloitte, Altman Solon, McKinsey, and Strategy&, highlighting the program's strength in preparing graduates for roles in strategy and management consulting. 

In the third part of the four part series, we cover Cornell MBA placements and salary by regions in the US and International placement trends.

The Cornell MBA Class of 2023 exhibits a strong focus on North America, with an impressive 95% of graduates securing employment within the region, 1% lower than the previous year. The remaining 5% are distributed globally, reflecting the program's international reach with a competitive $125,000 median base salary. 

In the second part of the Cornell MBA Series for the 2023 graduating class, we cover MBA Functions.

The Cornell MBA Class of 2023 employment report reveals Consulting as a dominant function, with an impressive 40% of graduates securing positions in this field. The class also demonstrates a significant presence in Finance and Investment Banking, with over a third of graduates, 26% and 12%, respectively, finding roles in these sectors.

For Cornell’s 2-year MBA 2023 graduating class, out of the 306 graduates, 285 sought full-time employment, and the class exhibited a high job placement rate, with 94% securing positions within three months of graduation. 

Notable variations were observed in the offer rates based on work authorization, with 97% for those with US authorization and 88% for those without accepting the offers in 3 months. 

In the four-part series, we cover:

•    Columbia MBA Salary 2023 by Industry
•    Columbia MBA Salary 2023 By Function
•    Columbia MBA Job Offers By Region
•    Columbia MBA Top Employers for 2023

Let us start with the industry trends for Columbia MBA graduates:

In the fourth and final part of the Columbia MBA Salary Series for the 2023 graduating class, we cover top Employers recruiting at Columbia Business School.

Consulting firms, as evident from the table below, were prominent among the top employers, with McKinsey & Company leading the charge with 77 total hires, including 39 sponsored students. 

The Boston Consulting Group and Bain & Company also made significant contributions, with 39 and 30 hires, respectively, showcasing the program's strong ties to the consulting industry.

In the third part of the Columbia MBA Series for the 2023 graduating class, we cover job offer percentages in international locations and the US.

The 86% placements in the US is a risky statistics for Columbia as most top US MBA programs have a 90%+ placements. Perhaps the Operations and Brand/Product Management functions and even the Venture Capital industry that had a stellar year in Europe drove the trend attracting 5% of hires. 

Asia emerges as another destination for Columbia MBA graduates, constituting 4% of placements. 

In the second part of the Columbia MBA Series for the 2023 graduating class, we cover MBA Functions.

Consulting crossed the 41.50% benchmark as in other strong consulting schools (Tuck, Ross, Duke Fuqua, and Kellogg). The higher representation is driven by a strong consulting curriculum, a median base salary of $190,000, and guaranteed compensation of $30,000.