After the Financial Crisis of 2008, MBA with Finance was not a popular option. The aspiring applicants were looked down upon as potential criminals. Hiring was frozen, and the job markets had a 5-year lull, before picking up again in 2014. The 2016 class representation shows the comeback with 36.9% selecting Financial Services. The Median Signing Bonus is the highest, and the total median salary for the group has crossed the $175,000 range.
In terms of function, consulting was neck and neck with Financial Services, both taking up 38% class representation. Marketing and General Management was the other two popular job functions. Leveraging the media buzz in New York, nearly 10% of the class chose Media/Technology. Since the majority of Entrepreneurial activity in New York is at disrupting media with technology, MBAs leveraged the location advantage.
Reference: Columbia MBA Employment Report
About the Author
I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.
For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.
My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.
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