| Topic Name: |
Top Tier |
| Message Name: |
Diversity? |
| Date Posted: |
10/20/1999 |
| In Reply To: |
What Lance is referring to is this Pareto principle at work in the big B-schools. The simple fact is that 80% of the students come from 20% of the firms. Within those firms there is a very clear pecking tierdom (I don't want to say "order", because who would say that BCG is better than Bain or vice versa) Within those Tiers you see very prestigous firms, the graduates of which do very well in admissions: Bain, BCG, McK, GS, MS and a few others.
then you have a second tier, like the Big 5 that produce more applicants than the others simply because of their size, which makes the brand somewhat dilutive.
Outside of the Pareto curve, as I'm calling it, you have the unknowns, e.g., New Holland. I've never heard of the company, but your experience there could move you into the "solid" category.
My experience is amazingly close to Brian's. I was at Andersen prior to Wharton and then went to McKinsey as a summer associate. The point is that even with "only" solid firms on your resume, you'll find that the prestigous firms are actually quite interested in you. (I've since left the firm for money management.) |
| Message: |
Actually I had never heard of that principle. I always thought ex-consultants and auditors and investment bankers would dominate the top tier business schools, but I wouldn't guess they would form the 80%. Doesn't that conflict with those schools' diversity criteria?
BTW, New Holland is the world's largest Agricultural equipment manufacturer (after its acquisition of Case Corp.) I was surprised you've never heard of.
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