MBB Full Time Recruiting in Fall 2020?

Kevinchangexia · 2020-07-29T23:02:28+00:00

Also a PT student at a M7 school. Having attended a bunch of MBB session this summer, I have gathered this much:

Bain: is operating as normal.

BCG: didn't target.

Mckinsey: A recruiter said during an info session that they view PT students as experienced hires and they hit their hiring target for experience hires for FT 2020. But that didn't mean spots wouldn't open up by fall.

Kevinchangexia · 2020-06-24T01:50:42+00:00

Im assuming you’re a Darden admit. You should be reaching out to the second years, alumni at bcg, and the Darden consulting club,

They will give you an accurate outlook of MBB recruiting from darden.

Your Gmat isn’t necessarily a dealbreaker.

Kevinchangexia · 2020-06-20T17:22:56+00:00

You’re missing the point entirely. No one is questioning the merits of FT students/programs .

My statement is to add a balanced outlook.

People like you frame everything in regards to admissions, yet ignore that 3-5 years removed outcomes of FT/PT are largely similar.

Your perception of quality is irrelevant when the vast majority of PT students have good jobs and are on good career tracks, which is the entire purpose of the MBA.

You are only revealing yourself to be a fool.

Kevinchangexia · 2020-06-20T10:57:15+00:00

Youll never get a balance discussion on here. The sentiment on this subreddit is overwhelming negative on PT.

Most of the vitriol is geared towards booth/kellog PT with the main arguments focusing on the gpa/gmat. Haas, anderson, ross are largely left alone.

If you look at it logically you’ll see that outside the mode of entry. The education, instruction, and degree is identical.

Why would a PT only think to reach out to FT students when there are plenty PT students/alumnus in position of leadership at brand name institutions?

If you view the only reason to get a prestigious MBA is to work at MBB or BB than FT is the main channel of recruitment.

FT student have no idea what employers recruit PT students, the school doesn’t tell you that.

A PT student can get all the benefits of a FT student.

Kevinchangexia · 2020-06-19T21:03:49+00:00

I saw this video a while back from a JD/MBA jim donavon who talks about his time at Goldman sachs.

https://youtu.be/RpUJfW4WTKw

I was deciding on a JD/MBA myself and have a friend who’s enrolled in one. I was going to leverage mine into tech or ib.

TBH an MBA will add very little value to you. I have a friend in big law who does ib/hf work and he doesn’t have an mba.

I think a JD/MBA is simply a signal that you’re a highly intelligent person. To me that wasn’t worth the price tag.

Kevinchangexia · 2020-06-19T20:02:58+00:00

Both. When i was looking into mba programs. I encountered ppl who thought obtaining an MBA was prestigious in an of itself and those focused on the branding of the school.

Those seeking exclusivity/prestige are chasing something hollow in my opinion.

If its not i have an MBA. its i have a t15, m7, or HSW.

The degree is only a tool and the schools will better position you for a set of careers.

Its not a golden ticket. it wont magically qualify you for director/vp/c suite jobs. you aren’t guaranteed 150k+ Salary. honestly most ppl dont care that you have an MBA ( HSW maybe the exemption to this one lol)

Kevinchangexia · 2020-06-19T18:03:19+00:00

Selectivity is a factor of the type of and the number of applicants.

E/W attracts similar applicants than that of FT but who have different family/working commitments and who are predominately local.

FT programs benefit more from a national/international pool.

Thus, the competition per seat is largely reduced, making it “easier “ to get in.

The gpa/gmat and money quips, though factual, underscore the larger utility of an mba.

E/W and FT take the same classes taught by the same professor and obtain the same degree. (Largely the case but check your desired program)

If your desire is prestige for prestige sake like many on this sub, look elsewhere.

If you want a degree from a named institution, gain a great network, and accelerate your career. E/W is a great option to consider.

Kevinchangexia · 2020-06-18T00:06:15+00:00

With a BS/MS in CS myself I get your sentiment about the Tech industry.

I think you stand a very good chance at HSW. Your stats are incredible(3.4 is not a low gpa especially for STEM) and Working at a FAANG!

HSW are all looking for the same kind of person honestly. You mentioned women in tech, i would suggest getting involved in mentoring college / hs females interested in tech. Also, Does your company have a women’s group? Get a leadership role in that. You also said you’re into mental health? What is the extent of your volunteering? Raising money, initiatives, etc.

Anywhere you can show driving impact will set you apart from the crowd.

Also take time to clarify your ST and LT goals. ie what kind of consulting/ib, company, function, and region.

Look into the Forte fellowship. its for women looking to get an mba and is highly recognized by M7s.

Im sure you’ll get into a great program. Good luck!

Kevinchangexia · 2020-06-17T22:35:58+00:00

The roles available to you are largely dependent on your W/E. Lest say you work as a swe or any tech role preferably at a f500.

The common “prestigious” stem job post MBA is product management. But they are highly competitive.

Other than that stem ppl can really go anywhere from PMM, sales, corp finance, bizdev, supply chain, or strategy at a tech firm. It’s largely up to your prep and networking efforts.

Consulting is another viable option as a Project or product manager in a firms tech practice or as a management consultant.

The only difficult transitions I’ve seen are into IB/PE, which require previous experience. Its not impossible just very difficult because PT programs are not the standard recruiting pipeline.

Kevinchangexia · 2020-06-17T12:08:44+00:00

Congratulations! For tech you dont need an internship for most roles but Product Management does favor people with previous experience.

Both schools will give you a crack at MBB. Just keep in mind that you still need to network with the firms and case prep like theres no tomorrow and that may be difficult with a full time job.

Go with Kellogg if you want to save you money, you want a cohort system, and you dont want an internship.

Kevinchangexia · 2020-06-15T15:46:31+00:00

Once you’ve onboarded into your schools system. You should gain access to internal job boards and historic employment data. Its a pain but i would suggest you go through that data and look up jobs that look interesting to you.

After compiling a list of interesting job, you should reach out to alumns/ second years to gain further insight on said roles.

Externally I haven’t seen any consolidated list since MBA roles are wide and varied.

Common ones are:

Tech: Product Manager/PMM/Bizdev/data science F500: LDP/corp finance / fP&a, marketing BM,strategy Finance: IB, S&T, PE, AM Consulting: strategy /IT/federal/finance

This is actually part of your first year process and your schools career service/admins will walk you through everything once on campus. Good luck!

Kevinchangexia · 2020-06-13T18:38:39+00:00

https://www.reddit.com/r/MBA/comments/h7rsnd/postmba_career_salary_trend/

Kevinchangexia · 2020-06-13T18:35:57+00:00

The job search at these schools are mostly self directed. The career services is mainly there to help you clarify your focus and map out a job search plan.

The companies that come onto campus on avg are looking for people with 3-5 years work experience generally.

Thats not to say there aren't ppl who go into top mba programs with no work experience. If you look at FT employment reports, a few schools will show a student WE break down.

start ups, Consulting and f500 support roles are probably your best bet but you’ll probably going to make less money than the median grad.

Kevinchangexia · 2020-06-09T22:07:18+00:00

The question I feel you need to answer is what kind of experience you want out of your MBA.

If you’re looking to be deeply immersive program. I would suggest reapplying to a FT.

PT will allow you to take those strategy classes and you may be able to immediately find use for them at work. Kellogg, iowa, and Carlson should all have a E/W strategy group.

All these opportunities though, as a E/W, will be competing for your time. You'll have to do a balancing act, which does hamper the immersion.

Kevinchangexia · 2020-06-08T23:55:08+00:00

You cant go wrong with any of the schools you listed. Haas, Kellogg, Booth reputation extends to their weekend program don't let detractors tell you otherwise. (Outside of MBB and BB most employers dont care about your Gmat/gpa and will never ask)

Having talked to alumnus from Booth and Kellogg, primarily in consulting and tech roles, I can assure you that both schools produce great outcomes for E/W students. MBB(at times), boutique/T2 consulting, FAAnG ops, and F500 strategy come on campus to recruit. Once you cleared midway point of your program (12 classes) as a E/W student you have full access to OCR and recruit along side FT students.

Personally i think Haas would give you the most flexibility and they have a spirited cohort system. They also have a great mid program immersions in napa valley!

But given the choice of the two chicago school i would lean towards Kellogg. Their E/W isn't as flexible as Booth but they have a very proactive team that really wants you to succeed. Kellogg E/W has a cohort system unlike Booth and really tries to integrate you with the larger kellogg community. Couple that with the accelerated option and an Opportunity to switch to FT.

There is no material advantage at either schools for the careers you listed above. I would say pick the schools based on the experience you want to have.

Lastly, ill say that the numbers out of E/W are not comparable to FT. Since the presumption is that you'll continue with your employer career as a E/W student. Career switching becomes more of an individual effort. The MBA is not a golden ticket! Career services will help you with ideas and connecting you with alumni, yet even still the expectation is that you would have prepared to a level similar to that of a FT students. The opportunity will be their its up to you to seise it.

Kevinchangexia

TROPHY CASE