Best Business Schools Hiring:
Consulting Industry

Consulting accounted for 25.4% of all hires, the biggest share of any industry, among MBA graduates from the 117 schools around the world that participated in this year’s B-Schools ranking. The industry often is cited by student respondents as an area of interest and opportunity, due in large part to the high salaries offered across large, midsized, and boutique consultancies. At several leading consulting firms, those salaries are on the rise. Post-MBA starting associate/consultant salaries at McKinsey & Co. and Bain & Co. in the US now are reportedly $192,000—and $190,000 at Boston Consulting Group—up from the former $175,000. Among the ranking’s participants this year, INSEAD sent 238 graduates into consulting, the most of any school. Second was Indian School of Business in Hyderabad, India, at 230. And third was the University of Chicago’s Booth, at 158.

school number of hires percentage of hires median salary (US dollars) median salary (local currency)
Chicago (Booth) 158 34.4% $165,000 Not applicable
Columbia 116 24.9% $165,000 Not applicable
Dartmouth (Tuck) 87 35.5% $165,000 Not applicable
Duke (Fuqua) 105 32.2% $165,000 Not applicable
Harvard 126 23.4% $165,000 Not applicable
MIT (Sloan) 78 28.3% $165,000 Not applicable
Michigan (Ross) 120 35.1% $165,000 Not applicable
NYU (Stern) 93 31.3% $165,000 Not applicable
Northwestern (Kellogg) 134 36.4% $165,000 Not applicable
Pennsylvania (Wharton) 154 27.3% $165,000 Not applicable
Stanford 41 18.2% $165,000 Not applicable
UC at Berkeley (Haas) 60 28.4% $165,000 Not applicable
Virginia (Darden) 95 32.1% $165,000 Not applicable
Yale 82 34.0% $165,000 Not applicable
Texas at Austin (McCombs) 48 22.7% $160,000 Not applicable
UCLA (Anderson) 45 16.1% $160,000 Not applicable
USC (Marshall) 29 17.8% $160,000 Not applicable
Emory (Goizueta) 41 37.6% $159,000 Not applicable
Rice (Jones) 25 32.1% $157,500 Not applicable
Cornell (Johnson) 67 27.3% $155,000 Not applicable
Indiana (Kelley) 18 16.4% $155,000 Not applicable
North Carolina (Kenan-Flagler) 38 18.3% $155,000 Not applicable
Carnegie Mellon (Tepper) 59 33.7% $152,000 Not applicable
Minnesota (Carlson) 4 7.5% $150,000 Not applicable
Notre Dame (Mendoza) 14 15.6% $150,000 Not applicable
Southern Methodist (Cox) 17 23.0% $150,000 Not applicable
Vanderbilt (Owen) 27 21.8% $150,000 Not applicable
IMD 6 10.0% $145,350 Not applicable
Georgetown (McDonough) 52 25.6% $145,000 Not applicable
Washington (Foster) 23 22.3% $140,000 Not applicable
Michigan State (Broad) 11 17.7% $134,000 Not applicable
St. Gallen 4 12.1% $131,825 CHF 120,000
Georgia Tech (Scheller) 24 37.5% $128,000 Not applicable
Georgia (Terry) 5 21.7% $127,000 Not applicable
Washington in St. Louis (Olin) 16 19.0% $127,000 Not applicable
Arizona State (Carey) 6 10.9% $125,000 Not applicable
Boston College (Carroll) 13 25.5% $125,000 Not applicable
Rochester (Simon) 16 16.5% $125,000 Not applicable
Texas A&M (Mays) 5 11.9% $125,000 Not applicable
Brigham Young (Marriott) 8 10.1% $123,333 Not applicable
IESE Business School 88 34.5% $122,648 Not applicable
SDA Bocconi 13 18.3% $120,725 €101,220
Fordham (Gabelli) 4 11.8% $120,000 Not applicable
Boston University (Questrom) 20 21.5% $118,750 Not applicable
INSEAD 238 45.9% $118,300 Not applicable
Maryland (Smith) 3 7.7% $117,000 Not applicable
London Business School 124 35.3% $115,429 £85,700
Mannheim 13 35.1% $113,903 €95,500
Ohio State (Fisher) 4 6.8% $112,500 Not applicable
Utah (Eccles) 3 9.4% $110,500 Not applicable
Texas-Dallas (Jindal) 5 13.2% $110,000 Not applicable
Rutgers 5 14.3% $108,500 Not applicable
Copenhagen Business School 6 28.6% $108,239 DKK 675,500
Penn State (Smeal) 5 13.5% $105,000 Not applicable
Tennessee (Haslam) 9 27.3% $105,000 Not applicable
Wisconsin 3 6.7% $105,000 Not applicable
Oxford (Saïd) 37 20.8% $104,385 £77,500
IE 23 13.1% $103,188 €86,516
ESADE 30 26.1% $102,691 €86,100
Florida (Warrington) 3 6.7% $97,500 Not applicable
Babson (Olin) 5 11.1% $97,000 Not applicable
Texas Christian (Neeley) 4 14.8% $96,000 Not applicable
ESIC 7 15.2% $95,737 €80,269
Cambridge (Judge) 32 24.8% $94,283 £70,000
Pittsburgh (Katz) 7 17.5% $93,000 Not applicable
EDHEC 7 12.1% $91,150 Not applicable
American (Kogod) 3 20.0% $90,000 Not applicable
William and Mary (Mason) 14 21.9% $90,000 Not applicable
Western (Ivey) 40 29.6% $89,641 CA$115,000
Manchester 10 17.9% $80,814 £60,000
HEC Montreal 13 35.1% $80,677 CA$103,500
Concordia (Molson) 6 22.2% $79,897 CA$102,500
Imperial College London 9 23.7% $78,390 £58,200
Tulane (Freeman) 4 22.2% $77,250 Not applicable
Baruch (Zicklin) 4 15.4% $77,000 Not applicable
Denver (Daniels) 3 27.3% $76,500 Not applicable
Cranfield 8 30.8% $75,763 £56,250
Colorado at Boulder (Leeds) 4 7.8% $72,000 Not applicable
McGill (Desautels) 16 26.7% $71,317 CA$91,492
Oklahoma (Price) 4 22.2% $71,000 Not applicable
Hult 9 9.0% $70,100 Not applicable
Queen's (Smith) 22 25.9% $68,205 CA$87,500
Kentucky (Gatton) 6 12.8% $66,700 Not applicable
National University of Singapore 14 21.2% $64,914 Not applicable
CEIBS 12 9.5% $63,381 CN¥420,000
Rochester Institute of Technology (Saunders) 3 7.3% $62,167 Not applicable
EAE 4 7.4% $61,952 €51,943
Politecnico di Milano 6 15.4% $54,864 €46,000
Mississippi 3 6.7% $52,517 Not applicable
Shanghai University of Finance and Economics 4 6.0% $51,339 CN¥340,200
Hong Kong (HKUST) 7 13.5% $41,773 HK$324,000
Indian School of Business 230 34.8% $39,335 ₹2,900,000
Indian Institute of Management Bangalore 14 25.9% $24,415 ₹1,800,000
George Washington 9 27.3% Not available Not applicable
Shanghai University MBA Centre 3 13.0% Not available Not available