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Google deposes McKinsey as most desirable MBA employer in the US
 
 Google is now the most
popular place to work for
in the United States for
MBA students after
jumping from 129th in
2005 to second in 2006
and to number one this
year, ending McKinsey &
Company's 12-year reign.
Google also appears in
the top 10 in all
industry rankings (from
investment banking to
healthcare).
   Below are some of the
key findings of The
Universum IDEAL Employer
Survey - MBA Edition
2007
conducted by
Universum in the US.
   Over five thousand MBA
students (5,451)
 
 participated in the MBA
Edition of The Universum
IDEAL Employer Survey,
making it the largest
survey of its kind.
Students were asked to
rank their ideal
employers as well as to
answer questions about
their career
expectations, including
ideal employer
characteristics,
preferred location,
salary expectations, top
industries and best
internships
communications
preferences.
   Despite Google's new
strength as the overall
ideal employer, McKinsey
 
 is still the number one
employer among male MBAs.
Goldman Sachs (3)
maintained its position
in the top 10. Bain & Co.
(4), Boston Consulting
Group (5), Apple (6),
Microsoft (7), GE (8),
Nike (9) and Bank of
America (10) round out
the list.
   McKinsey maintains its
number one position as
the top employer in
management consulting.
Google jumped to the
fourth position, preceded
by Boston Consulting
Group (2) and Bain &
Company (3).
   Goldman Sachs is still
number one among students
 
 choosing a career in
investment banking,
followed by Morgan
Stanley, Lehman Brothers,
JPMorgan IB and Merrill
Lynch. Bank of America
replaced Citigroup as the
number one ideal employer
among MBA students
interested in commercial
banking.
   IT companies went up
overall with Google
maintaining its number
one position. Apple (6)
moved up from seventh
position in 2006, while
Microsoft (7) jumped from
the 16th position.
   Procter & Gamble,
Google, PepsiCo, Nike and
BCG make the top five for
 
 students interested in
consumer goods. Starbucks
pushed eight positions
from 15th to 7th.
   GE is still number one
among students who
selected
engineering/manufacturing,
followed by Toyota,
Apple, J&J and BCG.
Intel, number two in
2006, fell 15 positions
while companies like
Honeywell and Boeing
pushed up in the top 10.
  
  
 
 
Flynn wins KPMG vote
 
 Timothy Flynn, 50, has
been elected chairman of
KPMG International for a
four-year term, effective
1 October, 2007. He
succeeds Sir Michael
Rake, who is retiring
from KPMG and will become
the next chairman of BT
Group plc.
   Flynn was elected
unanimously by the KPMG
International Board and
Council. He will lead the
KPMG global network of
professional firms
operating in 148
countries, with 113,000
partners and
professionals worldwide.
 
 A 28-year veteran of KPMG
and a partner since 1988,
he has provided strong
leadership and vision
during a period of
transformation for the US
firm.
   He remains as chairman
and CEO of KPMG LLP, the
US audit, tax and
advisory firm. He was
elected to head the US
firm in 2005 and is
serving a five-year term.
   Flynn said: "I am
honoured to be elected
chairman of KPMG
International and I look
forward to building on
the achievements attained
 
 by Mike Rake – as well as
addressing the challenges
we face in this
extraordinary time of
continued change for the
accounting profession.
Mike has an enviable
record at KPMG, as both
senior partner in the UK
firm and chairman of KPMG
International.
   "Looking ahead, the
top strategic issues
we're confronting remain
across the global
landscape. With
increasingly complex
transactions and an
intensified regulatory
and reporting
 
 environment, KPMG will
remain focused on the
development of its people
and a global culture
based on ethics,
integrity and
professional excellence –
above all else," Flynn
said. "We never lose
sight of the important
role that auditors play
in ensuring the integrity
of the global capital
markets and protecting
investors."
   He has held a number
of key leadership
positions throughout the
firm, providing him with
a unique perspective on
 
 the issues facing major
companies and the
evolving business
environment. He most
recently served as vice
chair, audit & risk
advisory services, for
KPMG LLP. He has also
served as global managing
partner - audit for KPMG
International, where he
chaired the global audit
steering group, and was a
member of KPMG
International's
international executive
team.