Good Morning Friends. We are back with our MBA Mondays and our today’s article is featured on 51% of Columbia MBAs went into finance. Our last post discussed on Worried about low ACT scores.

All businesses and industries have their roots in Finance. MBAs need to have good quantitative skills to get into the field of financial services and banking. This year Columbia Business School had 51% of graduates entering the finance field. Columbia Business School is considered as one of the Ivy League business schools and is also among top selective business school. Sources say that almost 35% of class of this year of Northwestern University’s Kellogg School of Management headed into the consulting business which is far more than any other business school, while Columbia has 22% of its students in consulting business which they consider as second highest sector after financial services. Finance sector has always been in limelight due to job cuts, scandals by leaders.

In 2011, approximately 39% of the MBAs from Harvard and Yale, 36% from Stanford and 51% from Columbia were hired for banks, investment firms, hedge-funds and private equity. These figures seem to be quite interesting and promising for gearing up good career in finance, banking and investment sector. Yale school focuses its students into non-profit and public sector jobs. Columbia has certain programs designed to attract the students who want to nurture their finance skills as Columbia is highly rated for its finance and marketing programs. Columbia is also rated among the top schools for finance by recruiters. Columbia’s location in the world’s financial center New York and its renowned faculty makes Columbia a unique business school to study. Students have the benefit to gain experience from all the experts who live and work in the city. Wall Street practitioners give their insights from the practical world of finance that they take from the school’s curriculum.

Thus what one basically needs are the hard skills i.e. finance and quantitative skills if one wants to be successful into an MBA program.

Apart from above, I have some important nuggets to share with you while choosing Columbia Business School or New York University:

  • Strong, powerful and influential bunch of alumni
  • You want to work in extremely challenging environment and want to have a tough and competitive MBA program
  • Strong financial and media center of the world and a living laboratory of markets and businesses gives good exposure to schools
  • Diverse cultures
  • Columbia Business School is ranked above NYU  

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