| McKinsey, meet Google, the new runner-up in the race for the most desirable place to work for MBA students |
| Management consulting still a top careers choice among MBA students
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| | McKinsey remains the
most popular place to
work for MBA students in
the 2006 Universum
Survey MBA Edition, but
the upstart web-wizard
Google shot up the
rankings from 129th to
2nd place this year.
Google is now a serious
threat to McKinsey's
12-year reign as the
most desirable employer
among MBA students.
Goldman Sachs is a very
close third – only 0.01%
behind Google.
General Electric and
Johnson & Johnson retain
their top 10 positions,
landing on 8th and 9th
respectively. Other,
more traditional MBA
employers round out the
Top 10: Bain & Co. (4),
The Boston Consulting
Group (5), Citigroup (6) | |
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| | sound financial base
(37%), influence
corporate strategies
(31%) and reach
managerial level (27%).
2. More than
work: Overall,
work-life balance is
strengthening its grip
on the top spot for
career goals; some 50%
of the respondents chose
it as a major career
goal followed by build a
sound financial base
(37%) and influence
corporate strategies
(28%). This global trend
is picking up speed
again as the economy is
getting better and
students enjoy more job
security.
3. New goals:
Students were for the | |
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| | first time asked to rank
"manage projects",
"contribute to society"
and "become a
specialist" as career
goals. "Manage projects"
and "contribute to
society" were the most
important goals of the
new alternatives,
finishing 7th and 8th -
ahead of more
traditional goals such
as "start a business"
and "develop new
products".
4. More money:
MBAs want $88,000 in
annual salary at their
first job after
graduation – a $6,000
jump compared to last
year. Expected annual
salary five years after
graduation rose to
$167,000 – a $10,000 | |
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| | increase from last year.
5. Ideal image:
Industry leadership,
attractive location and
financial strength are
the three most important
characteristics that MBA
students associate with
their top employer.
Innovation is more
important to men, while
women value a strong
corporate culture more.
6. Ideal offers:
Competitive compensation
is by far the most
attractive offer an
employer can make. Women
however, value flexible
working conditions more
than men while men value
long-term compensation
potential more.
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| | and Morgan Stanley (10).
Key findings of the
survey include:
1. Men want a
family: For the first
time, work-life balance
is the top career goals
among male MBAs (48%).
Moving up from fourth
place, it passed build | |
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