UK
Along with consulting, investment banking has traditionally been a popular destination for MBA students, but which business schools will enhance your chances of gaining a place?
Using our own database, encompassing around 1.3 million CVs, we’ve endeavoured to create a top 20. We have around 100,000 MBAs on our system and tracked the first job attained post-qualification of them all over a ten-year period.
We wanted to find the proportion of people from all the business schools on our system that moved into a ‘front office’ investment banking role – namely, corporate finance, sales and trading , equity research and capital markets – in one of the major institutions after completing their MBA.
In order to get the rankings, we’ve allocated a greater weighting to those gaining a position in a tier one investment bank (Bank of America Merrill Lynch, Citi, Deutsche Bank, Goldman Sachs, J.P. Morgan, Morgan Stanley), followed by tier two banks (Barclays, Credit Suisse, UBS) and finally tier three institutions (BNP Paribas, HSBC, Royal Bank of Scotland and SocGen). The final score also factors in the overall proportion of MBAs from a particular school that secured a front office investment banking role immediately after completing the qualification.
Suffice to say, there are a couple potential pitfalls we should point out. Firstly, because we’re dealing with CVs, we have to hope that people are being honest about their employment history.
Secondly, if the proportion of people working in the investment banking sector seems high, it’s because we’re a financial website and therefore the majority of people who choose to upload their CV on eFinancialCareers have a focus on the financial sector. We also factored in for any change in name/ownership of a particular bank over the time period.
I have seen all of these schools on MBA rankings except Vancouver Island University.
I think another interesting study would be to list the banks preferred schools.
You can either ask HR at an investment bank or ask the career departments at each school to find out which banks come on campus and do they target the university as a whole or MBA’s.
This article is really interesting to read. Does MBA teach new things or does MBA teach already existing pennies and shilling and how to manage them with clients etc? I find all this rating unnecessary. It shows a bit of emptiness on the part of the assessor. But what are the output in the current market and all this morally decayed bankers which MBA schools did they attend? Can the Business schools attended by all these people who have carried out some fraud of some sort, manipulated LIBOR etc be published? This article is based on recruitment only in the banks but lets try and see the categorized business schools in terms of fraud and where they come from. It will help us get better assessment from recruitment to productivity and up to retirement. I can assure you that the data published above will summersalt.