Published: February 21, 2023
Does ‘MBA’ Now Stand for McKinsey, Bain/BCG and Amazon?
MBA programs provide a great formal business education that can help graduates accelerate their careers in many different business industries. In fact, MBA employment reports published by the business schools often list hundreds of employers who have hired recent MBA graduates. However, a closer inspection of these reports reveal that four firms (McKinsey, BCG, Bain and Amazon) actually represent up to 30% of all jobs accepted by recent graduates at many leading MBA programs. Job Concentration at Top MBA Programs Business school finance faculty often highlight the benefit of diversification. For example, an investor can reduce volatility in their equity
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