Just a few years ago, if you asked an MBA class where they might want to work after graduation, a high proportion of students would say McKinsey.
Now, MBA careers are increasingly diverse. MBA grads are working for Silicon Valley tech firms, start-ups, and launching their own disruptive businesses.
But, still, the ‘big three’ management consultancies—McKinsey, Bain & Co, and the Boston Consulting Group (BCG)—hire thousands of MBA grads globally each year. And McKinsey, with 12,000 consultants and 1,400-plus partners operating across globe, is king. Half of McKinsey’s incoming hires have MBAs.
Shefali Chadha, London Business School MBA ‘17
Delhi-born Shefali Chadha worked in capital markets in her native India, Singapore and Hong Kong, before deciding to relocate to the UK for a full-time MBA at London Business School (LBS).
Determined to break into the UK jobs market, and live in London after graduation, LBS was the ideal option. In 2016, 96% of LBS MBA students got a job offer within three months of graduation. One-third of MBA grads went into consulting. McKinsey hired 33 students out of the 407-strong MBA class (8%). BCG hired 34.
Shefali benefited from the supportive structure of business school. She interned at Roland Berger and Thomson Reuters in London and New York during her MBA. In her second year, she applied for a job at McKinsey, which recruits on-campus at LBS. She started her new associate role at McKinsey in London in September this year.
A full-time MBA at London Business School doesn’t come cheap. New students starting in August 2017 will cough up £75,100 (almost US$100,000) in tuition fees alone. But, with consulting firms like McKinsey offering LBS MBAs starting salaries of up to US$155,000 a year, the return on investment (ROI) is there.


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