What consulting firms do business school graduates prefer today as employers? Do you have to become an MBA if you want to start your own company?
What should MBAs have to be employed successfully? In which business school can you find a very costly dorm building? This article answers all these questions.
Consulting companies of your choice
Consulting firms have long been very prospective employers for b-school graduates because of their respectable salaries, general prestige and interesting tasks to work with. American consulting companies have recently been ranked by the Vault.com website to find out which one of them is the best employer. The top companies in this rating are Bain & Company and Boston Consulting Group, which is not surprising at all – they even did better than last year! The third place was taken by McKinsey and Company. According to Veronica Collins, a former Bain team leader, the discerning factor is the people who create the best opportunities in those companies. For the ranking, Vault.com used information from 17,000 consultants.
Does MBA require to launch your own business?
Not all MBA graduates want to work for consulting companies – a fair share of then aspire to start their own businesses and reshape the world, making a decent profit in their business. There are quite a lot of debates over how much an MBA degree is needed to become a successful entrepreneur. To work for a company, an MBA diploma is pretty much a must-have, but if you want to be your own boss, it’s not at all required. Still, there are several reasons to think of if you decided to become an entrepreneur, but have not entered a b-school yet: 1) A young entrepreneur always needs mentors to help them and guide them on their path, and a business school gives you such mentors and other great opportunities by way of hosting incubator programs; 2) At a business school, you will not only learn how to start your own business, but also how to take risks, when to wait and when to charge, and how to develop your venture.
What do recruiters look for in MBA graduates?
According to the GMAC, the professional and personal traits required to become a company employee change from field to field. Consulting firms, for one, want employees who would fit nicely with the culture established by their company, people who can adapt and take part in the company’s development. Industries such as utilities and energy require people to be good leaders and know how to deal with subordinates and clients. Government and non-profit businesses look for people who want to change the world. Consulting always involves branding, and such firms will only hire people who fit in their brand, because of the established ways of dealing with clients and solving problems.
$75 million university dorm
Recently, the Stanford School of Business has announced the opening of a luxury dormitory building called Highland Hall: MBA students actually often live in dormitories, but they don’t have to be small or cramped like the one everyone had in college. The new Stanford form comes with housekeeping and artwork, like an expensive hotel. Building it cost no less than $75 million, and it is 145,000 square foot large. Many former students who visit the old campus say they would go back to school all over again given an opportunity to live there. This new dorm has room for all new students who want to live on campus, though earlier it was a great problem to accommodate everybody. Of course, such new facilities make a pretty advertisement for Stanford Business School.
Back to top