The six IIM Alumni report - Visualized (Banking and Consulting)
You may have already read the first three parts of the IIM alumni report in 2014.
You may have already read the first three parts of the IIM alumni report in 2014.
It's now time to have a look at the two glamour domains of the last decade. Banking and Finance, and Consulting. They have held a mysterious sway over the minds of MBA grads. We do believe things are changing though - in our recruitment survey last year, most MBA respondents chose sales and marketing as their most preferred domain. Surely, the banking boom is a thing of the past, and things will probably never be the same again. The number of available global front-end roles at top investment banks is a fraction of what it was prior to 2008. People are slowly realizing it. Slowly is the operative word. Many students anyway got unwittingly sucked into the vortex of finance, and took up middle-office ppt-making roles at these investment banks. On the other hand, consulting companies, which offer a slightly lower salary (compared to front-end finance roles) and better work (ppt-making and some additional perks - speaking to top management), have actually grown in popularity over the last few years. Again, consulting is a tertiary service like the advisory services provided by investment banks, and perhaps, the best and brightest of Indian B-schools can do better than spouting management jargon with practised ease.
(There may be a slight mismatch between the figures reported here for companies and the figures in our previous article, because the data is taken from different sources within LinkedIn).
It's that time of the year when we release the alumni report - an informative snapshot of data that describes the position of alumni from the top B schools of the country. Our alumni report analyses the industry trends and highlights which companies, locations and functions are most popular among MBAs from the top institutes of the country.
In part three, we examine the glamour domains that attract the best in the country towards a MBA. On our helpline Eklavya, these are the most asked questions – “Is my profile fit for Front-end IB?”, “What can I do to ensure I get into Strategy Consulting and only in the ‘Big 4′ ?” ,”Please suggest best colleges in India to do Consulting (not IT Consulting)” etc. We have already seen this report for the 6 Old IIMs here
We have already seen the FMCG, Technology and E-Commerce alumni figures at the older 6 IIMs here. Let's do a similar analysis for other top schools in India. The 2012 report can be found here. (HKUST MBA has been excluded from this analysis as it would not make sense to compare a foreign school's alumni in an Indian context)
This is the second round of the 2013 Alumni reports. We focus on Top B schools outside the six older IIMs. For coverage of the six older IIMs, read Part One here, Part Two here and Part Three here.
In part three, we examine the glamour domains that attract the best in the country towards a MBA. On our helpline Eklavya, these are the most asked questions - "Is my profile fit for Front-end IB?", "What can I do to ensure I get into Strategy Consulting and only in the 'Big 4' ?" ,"Please suggest best colleges in India to do Consulting (not IT Consulting)" etc.