Tepper CMU w/ Full $$ vs Johnson Cornell w/o $$

[Charleneshen]

關於排名，我同意 bochong 說的。如果你是塊材料，態度夠好，到哪個學校都可以發光發熱。在敝校，懂得規劃自己前途的同學，都找到自己最喜歡的工作，態度決定一切。

[MarkHsu]

Hi Aceman,

For IB, Shanghai is not yet a hub. The financial capital is still HK.
This is because only 3 global banks have a securities license in China as of this point: GS, UBS and Morgan Stanley, and the hiring is done by the local partner In fact, MS is basically dormant at this point b/c of strained relationships w/ its local partner.

From my understanding, the entry level pay for bankers in China at this point is not global pay. It's what I'd term "intermediate" pay, better than the local avg but also not comparable to global pay, e.g. HK, London, NY, Tokyo, etc.

For consulting:
In general top 15 is the rule, but I think it really depends on the firm and office. For example, in the Taipei office, I'd say (based on my observation only) that the firms favor NTU grads if you are "local."

In 2004, a friend of mine called up BCG and asked for an interview and was told that Anderson is not on the recruiting list. Don't know if things have changed since then.

Last 2 comments:

--Importance of self-selection: NYU isn't as well represented in consulting, probably b/c people who go to Stern want to enter finance. Same for Kellogg, people who attend Kellogg probably aren't looking to do finance as much as other schools.

--There are no "hard and fast rules" for entering Finance or Consulting, but I think it's important to point out that the barriers are higher for someone who has just grown up in Taiwan alone.

[MarkHsu]

To see a snapshot of BCG's Tpe office profile, refer to the following:

http://www.bcg.com/about_bcg/offices/office_taipei.html

[aceman]

Thanks Mark, good info.

I grew up overseas and went to top US schools for high school, college, and will be going to Cornell for MBA. So I don't think I am really considered a "local". This was a very competitive year for applications and I was dinged by some higher ranked schools. However, I am very happy with Cornell and excited to be there. I just hope that I can get to a top finance or consulting gig from Cornell back in Hong Kong or Taipei.

Are BCG and McK really that anal about their core recruiting schools? I know they have open summer events this year, so I hope they accept more schools now.

EDIT: Just checked out the BCG Taipei website...they have MBAs from NTU and Univ. of Rochester...so I suppose that means they are opening up? haha.

[MarkHsu]

If you went to a top undergrad in the U.S., I am sure you will be fine, especially if it's common among Asians. And if you went to high school in the U.S., you should be culturally "in tune."

*Just wanted to point out that a local MBA is usually not recognized as equivalent as an ovesea MBA.

The MBA from NTU is actually starting from a pre-MBA position. An "Associate" at BCG is a pre-MBA position. MBAs enter the position of "Consultant."

http://www.bcg.com/careers/career_path.html

[aceman]

ah ok cool....so the girl on their website with a MBA from Rochester, who is a project leader (I supposed that's equivalent of engagement manager at McK?) would be hired as a post-MBA global pay position right?

[clark_chang]

ah ok cool....so the girl on their website with a MBA from Rochester, who is a project leader (I supposed that's equivalent of engagement manager at McK?) would be hired as a post-MBA global pay position right?

我想一切都是機率的問題
McK, BCG, BAH, Bain, ATK等大顧問公司，會去招人的學校就是那幾間
如果真的想去這些公司，名校的機率機率會相對其他學校大很多 （差非常多）

一個簡單的例子，台大電機vs中國海專
您可以舉中國海專有出一個郭台銘，但有史以來就這麼一個
但是您不可否認台大電機出品的CXO，隨便數就十幾個(ASUS, Quanta, MTK, BenQ....)

不一定進大顧問公司才是成功，但是真的想進去，捷徑真的不多

另一個簡單的例子，去年Kellogg去McK共有54個（前年56個），大約佔畢業生的10%
但Rochester可能要十幾年或甚至更久才可以累積到54個

[polarbear]

ah ok cool....so the girl on their website with a MBA from Rochester, who is a project leader (I supposed that's equivalent of engagement manager at McK?) would be hired as a post-MBA global pay position right?

我想一切都是機率的問題
McK, BCG, BAH, Bain, ATK等大顧問公司，會去招人的學校就是那幾間
如果真的想去這些公司，名校的機率機率會相對其他學校大很多 （差非常多）

一個簡單的例子，台大電機vs中國海專
您可以舉中國海專有出一個郭台銘，但有史以來就這麼一個
但是您不可否認台大電機出品的CXO，隨便數就十幾個(ASUS, Quanta, MTK, BenQ....)

不一定進大顧問公司才是成功，但是真的想進去，捷徑真的不多

另一個簡單的例子，去年Kellogg去McK共有54個（前年56個），大約佔畢業生的10%
但Rochester可能要十幾年或甚至更久才可以累積到54個

非常同意,
既然想要進top tier的investment banks or consulting firms,
能往排名越好的學校走就盡力去走,
如果不是人家徵才的core school就只好多努力多丟履歷多networking,
例如MIT進P&G, Unilever等做marketing的非主流,
也通常不是人家屬意的徵才core school,
但是就是有同學努力不懈,還是找到他們想做的marketing的工作.
當然,成功者絕對不會有Kellogg的多,失敗者眾,絕對是現實,
找到的可能先前也有marketing的經驗.

So,光看一些簡單的employee profile是無法安心的,
畢竟他們是怎麼進去的你根本無從得知,
就跟總是會"聽說"誰誰誰GMAT多少就進HBS,
或是他工作經驗不過就是local公司三年也可以進top 5一樣,
人家有其他東西我們看不到的.

有些人或許家裡有很大的家族事業,
一些顧問公司或銀行為了跟客戶建立關係,
安插職位給企業第二代(然後非從top MBA畢業)又何妨?

所以,還是能夠把客觀條件搞到自己能力範圍內最好最重要,
剩下的就靠繼續努力拿interview了.

[aceman]

um....i think you guys are over complicating things...I am simply trying to figure out how to get into a top consulting firm from a top 15 MBA program. Some companies have core schools for recruitment and will not take other students. Some companies are more lenient. I am trying to figure out which kind BCG is, that's all.

[clark_chang]

um....i think you guys are over complicating things...I am simply trying to figure out how to get into a top consulting firm from a top 15 MBA program. Some companies have core schools for recruitment and will not take other students. Some companies are more lenient. I am trying to figure out which kind BCG is, that's all.

抱歉！誤會了
這個問題就需要版主之類的來回答（不過要等一下，可能BCG太忙）
不過如果您還沒念MBA，那基本上就是top 15
如果已經在念MBA，那找一下貴校career center，應該就有on-campus recruiting的資料

[Opeman]

to aceman:

BCG 就跟其他兩間top tier consulting firms 一樣，on-campus recruiting 均以 top 15 MBA為主要履歷篩選對象，這些學校大概佔了總錄取人數的95-100%

但是總有例外，McK兩年前(?)台北辦公室收了一個USC的畢業生， BCG如您所見四年前也錄取過Rochester的畢業生，只是這些比例佔的極少。

以我那一年2007為例，BCG大中華區錄取的學生背景為以下幾校：

Chicago *3
MIT *3
HBS *4
Columbia *3
Michigan *2
NYU *1
Berkeley *1
Wharton *1
Kellogg *3

詳細的人數可能加減一兩位，但是大概的學校組成如上。

希望這些資訊能回答到你的問題

[mn]

Sean 兄,

上列大中華區的錄取學校沒有Stanford與INSEAD. 是沒有統計資料還是者兩所學校的有意往顧問業發展的學生都留在美國或歐洲了?

FYI, 那位McK的USC同學應該是個北一女保送台大電機的天才. 在USC讀博士讀到一半轉行去當顧問. 也是從BA做起, 但好像破了大中華區最快升associate的紀錄. 所以以她的例子來看, 應該還是非常非常exceptional的. 因此, 能先擠進M7/top 15應該還是比較穩妥的策略.

Cheers,
mn

[william700314]

Hi Sean,

May I know why BCG(Pan Asia Office) does not recruit European MBAs in your year?

Regards,
William, CFA
LBS 2010

[PeterPHLin]

McKinsey 收的那位女生, 沒記錯應該是
台大電機系2003畢業, 直攻南加大電機博士班, 2005夏天轉拿碩士證書, 然後加入台北McKinsey.
2005年從 BA 做起, 2006年升為 Associate, 2007再升為 Senior Associate (我不確定是不是這個title).
說天才太沉重, 但也算是台大電機近幾年的奇葩之一了.

P.S. 台北麥肯錫似乎很偏好台大電機的畢業生 ?

[MarkHsu]

I believe you guys are talking about diff people.
The USC person came in at an Associate (post-MBA level)

Re: Stanford @ BCG
Reality is that there are not many Stanford GSB Asians...though I think the probability of finding Stanford undergrad in consulting would be higher

Re: INSEAD
INSEAD has a small pool of Asians currently, but at least 2 are at BCG HK since Dec 06'. Due to INSEAD's unique 1 yr program, they tend to enter at diff times than the US graduates.