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Vault Message Board: Management and Strategy Consulting

Topic Name: HBS Chances at Top Firms
Message Name: depends...
Date Posted: 03/03/2001
In Reply To: Of the HBS (or other top MBA program) graduates that apply to top Strat Firms (McK, BCG, Bain, etc.) what percentage get offers? Are we talking 50% or 10%?
Message: on 2 things: recruiting targets of firms and % of the class interested. the lower the recruiting targets, the lower the number of offers; the higher the number of total students interested, the lower the % of those interested getting offers. i don't know what you consider top MBA programs or top strat firms, but if you assume ~2000 students at H/W/S of which ~300 have historically gone to M/B/B (i averaged records over the past several years). Considering the people who turn them down, maybe the total is at most as high as 350 get offers. to answer your question, however, we need to know how many people on average are interested in consulting. again, if you look at the ~2000 students, ~600 end up going into consulting and maybe 750 get offers in consulting. Netting out the people who did not apply to M/B/B (assume ~100 of those 750) and the people who did not get offers anywhere (assume ~50 on top of the 750), and we get 700 graduates of H/S/W on average apply to M/B/B where 350 get offers (~50%). This numbers is highly dependent on class preferences and the job market. Currently, many students are interested in consulting and consulting firms are hiring fewer of them (i.e., the % goes down significantly). Furthermore....THIS IS A BIG ONE....many of the people who go to M/B/B out of H/W/S worked there before b-school and are simply returning to their previous employer (who also sponsored their b-school experience). With this in mind, we need to know how many of the 300 above were former BA's of their firm. I could not think of a reasonable way to estimate this, but as a pure guess, 75 of those 350 are former BA's. Taking those 75 out of the mix, the answer to you question is ~40% on average.

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