2003 Top Recruiters From US Business Schools

Business Week reports that job cuts and smaller bonus pots has made it harder for Wall Street to recruit business graduates. The magazine found in a survey that twice as many business graduates were now after careers in consulting than in investment banking. An unnamed Wall Street pay consultant was quoted, saying: 'Investment bankers are not Masters of the Universe anymore. They're not even colonels'.

Here's the list of the Top 20 company recruiters from US business schools in 2003. Note that not every business school released its career data. These results also do not include schools at which the recruiter was not in the Top 15.

1. McKinsey & Co - 211 hires

2. Citigroup - 164

3. Johnson & Johnson - 163

4. Deloitte Touche & Tohmatsu - 130

5. General Electric - 128

6. IBM - 118

7. Bain & Co - 84

8. Boston Consulting Group - 83

9. American Express - 80

10. Lehman Brothers - 75

11. Booz Allen Hamilton - 71

12. Honeywell - 62

13. PwC - 57

14. Cap Gemini Ernst & Young - 49

15. ICICI Bank - 48

16. Deutsche Bank - 43

17. Ford Motor - 41

18. Goldman Sachs - 40

=19. Dell Computer - 39

=19. Guidant - 39


Source - Business Week

Because of the disclaimer mentioned in the second paragraph, this research can only be regarded as a rough guide. A spokesperson for UBS has pointed out, for instance, that the investment banking division hired 65 MBAs last year from US business schools. The firm is said to have been a top 5 recruiter amongst investment banks at Chicago, Columbia, Tuck and Wharton.

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