Apple and Amazon are hiring a lot of MBAs
Elite MBA talent is being heavily recruited by tech firms, especially at a few target schools, like Northwestern's Kellogg School of Business and MIT's Sloan School of Management, according to new analysis from Poets and Quants, a news website that covers business schools.One eye-popping factoid from the report: Over the past five years, Amazon hired 49 MBAs from Columbia Business School - nearly as many as the 51 MBAs Morgan Stanley hired over the same time period. (Morgan Stanley is a much more traditional choice for recent Columbia MBA grads.)
Finance and consulting are still the top fields that newly-minted MBAs are choosing, but schools are increasingly exposing their top students to Silicon Valley. "Some schools long ago saw the need to travel to the coast to get a sense of the Silicon Valley-Bay Area ecosystem; more and more are following their lead, making such pilgrimages de rigeur for the best programs," according to Poets and Quants.Some students are even using the MBA as a credential to break into the technology industry. Median base salaries in tech for MBA graduates from certain schools can reach as high as $125,000 per year.
Here's a chart that shows just how many MBA grads have headed to big tech companies over the last five years from certain elite schools:over at Poets and Quants.
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