MBA Consulting Japan: March 2019

Tuesday, March 26, 2019

Industries With The Highest MBA Salary Jumps

Industry	Pre-MBA	Post-MBA	Difference	Percent Difference
Consulting	$86,187.56	$132,601.46	$46,413.89	53.85%
Food, Beverage, & Tobacco	$63,069.77	$104,319.19	$41,249.42	65.40%
Investment Management	$82,531.78	$121,376.06	$38,844.28	47.07%
Private Equity	$98,393.79	$136,132.35	$37,738.56	38.35%
Technology, Internet, & Ecommerce	$85,134.21	$121,897.34	$36,763.13	43.18%
Grand Total	$79,505.75	$116,248.02	$36,742.27	46.21%
Insurance	$74,611.52	$111,296.34	$36,684.82	49.17%
Agriculture & Forestry	$73,500.00	$110,029.65	$36,529.65	49.70%
Printing & Publishing	$58,333.33	$93,337.29	$35,003.95	60.01%
Investment Banking	$92,388.89	$126,049.45	$33,660.56	36.43%
Retail	$74,844.92	$108,102.71	$33,257.80	44.44%
Computer Services & Information Technology (IT)	$80,409.30	$112,810.00	$32,400.70	40.29%
Real Estate	$76,106.25	$108,072.32	$31,966.07	42.00%
Consumer Products	$69,932.10	$101,355.65	$31,423.54	44.93%
Non-Profit, Social Impact, & Social Work	$56,424.03	$87,435.68	$31,011.65	54.96%
Hospitals, Medicine, & Healthcare Services	$77,709.31	$108,655.69	$30,946.38	39.82%
Arts, Media, News, Sports, & Entertainment	$72,803.16	$103,537.98	$30,734.82	42.22%
Manufacturing	$73,308.16	$103,462.57	$30,154.41	41.13%
Pharma, Medical Devices, & Biotech	$84,697.93	$114,818.01	$30,120.08	35.56%
Telecommunications	$78,396.67	$106,207.09	$27,810.42	35.47%
Diversified Financial Services	$79,865.37	$106,250.91	$26,385.54	33.04%
Chemicals & Plastics	$81,884.71	$107,058.33	$25,173.62	30.74%
Automotive, Transportation, & Logistics	$74,636.30	$99,603.13	$24,966.83	33.45%
Commercial Banking	$71,559.05	$95,869.06	$24,310.01	33.97%
Venture Capital	$100,072.37	$124,145.00	$24,072.63	24.06%
Construction, Repair, & Maintenance	$68,913.04	$92,041.67	$23,128.62	33.56%
Environment, Natural Resources, & Mining	$81,500.00	$104,270.75	$22,770.75	27.94%
Aerospace & Aviation	$76,244.90	$98,731.31	$22,486.41	29.49%
Energy, Oil, Gas, and Utilities	$88,756.32	$109,974.84	$21,218.52	23.91%
Accounting & Audit	$67,952.73	$88,946.59	$20,993.86	30.89%
Other	$66,157.53	$83,802.02	$17,644.49	26.67%
Restaurants, Hotels, Tourism, & Hospitality	$68,521.15	$83,502.75	$14,981.60	21.86%
Education	$59,681.99	$74,507.75	$14,825.76	24.84%
Government, Military, & Politics	$77,645.73	$90,631.16	$12,985.43	16.72%
Law	$97,229.17	$105,366.67	$8,137.50	8.37%

Wednesday, March 6, 2019

Yale SOM Picks Chicago Economist To Succeed Ted Snyder

University of Chicago Professor Kerwin Charles will become dean of Yale’s School of Management

Yale University’s School of Management today (March 5) named a University of Chicago economist with no experience in business education as its new dean. Kerwin Kofi Charles, a distinguished service professor at the Harris School of Public Policy and the college in the University of Chicago for more than 18 years, will succeed Edward ‘Ted’ Snyder on July 1.

Charles, one of only a handful of African-Americans to become dean of a major business school and the first dean of color at SOM, will be following one of the most successful business school deans of his generation.

Snyder came to Yale eight years ago after two previous deanships at the University of Chicago’s Booth School of Business and the University of Virginia’s Darden School of Business. Since his arrival at SOM, Snyder has extended the business school’s global reach, most notably by founding the 30-school Global Network for Advanced Management that has resulted in a number of innovations. He also has moved the school up in numerous rankings, boosted graduate enrollment, and deepened SOM’s connections to Yale University.
Yale passed over two highly qualified and admired deputy deans who have been instrumental in the school’s increasing prominence under Snyder: Anjani Jain, deputy dean for academic programs, and David Bach, deputy dean for academic programs. One of Charles’ first tasks will be to try to retain their expertise to allow SOM to build on the momentum Snyder’s senior leadership team has created.

Best MBAs for Entrepreneurship Reputation

Bloomberg Businessweek asked recruiters to rate the quality of MBA entrepreneurship training.

Rank	School	Score
1	Stanford	4.38
2	UC at Berkeley (Haas)	4.13
3	Carnegie Mellon (Tepper)	4.03
3	Georgetown (McDonough)	4.03
5	Washington (Foster)	4.00
6	MIT (Sloan)	3.98
6	Yale	3.98
8	INSEAD	3.96
9	Rice (Jones)	3.95
10	IESE Business School	3.93
11	Cornell (Johnson)	3.90
12	Brigham Young (Marriott)	3.87
13	North Carolina (Kenan-Flagler)	3.81
14	Texas at Austin (McCombs)	3.80
15	Virginia (Darden)	3.79
16	Columbia	3.78
17	Chicago (Booth)	3.74
18	USC (Marshall)	3.73
18	Vanderbilt (Owen)	3.73
20	Pennsylvania (Wharton)	3.67
21	Duke (Fuqua)	3.66
22	Harvard	3.65
23	UCLA (Anderson)	3.62
24	Northwestern (Kellogg)	3.61
25	Emory (Goizueta)	3.58
25	IMD	3.58
25	London Business School	3.58
28	NYU (Stern)	3.56
29	Michigan (Ross)	3.54
30	Dartmouth (Tuck)	3.49

Best MBA for Entrepreneurship Skills

In terms of teaching entrepreneurship skills, recruiters believe Stanford GSB has the best reputation, followed by the University of Washington's Foster School of Business and UC-Berkeley. Georgetown again performed well, with Rice University in fifth place.

Rank	School	Score
1	Stanford	4.57
2	Washington (Foster)	4.25
3	UC at Berkeley (Haas)	4.13
4	Georgetown (McDonough)	4.10
5	Rice (Jones)	4.03
6	MIT (Sloan)	4.02
7	INSEAD	4.01
8	Carnegie Mellon (Tepper)	4.00
9	IESE Business School	3.97
10	Brigham Young (Marriott)	3.96
11	Yale	3.89
12	Texas at Austin (McCombs)	3.88
13	Harvard	3.84
14	Chicago (Booth)	3.78
14	North Carolina (Kenan-Flagler)	3.78
16	Cornell (Johnson)	3.76
16	Virginia (Darden)	3.76
18	Columbia	3.70
19	Duke (Fuqua)	3.68
19	UCLA (Anderson)	3.68
21	USC (Marshall)	3.62
22	Pennsylvania (Wharton)	3.59
23	IMD	3.58
24	Northwestern (Kellogg)	3.57
24	Vanderbilt (Owen)	3.57
26	London Business School	3.56
27	NYU (Stern)	3.55
28	Dartmouth (Tuck)	3.48
29	Emory (Goizueta)	3.47
30	Michigan (Ross)	3.46

Best Trained MBAs

Which business schools produce the "best trained" MBA graduates? Not Harvard, Stanford or Wharton, according to the recruiters surveyed by Bloomberg Businessweek. Brigham Young and Georgetown tied for first, with Carnegie Mellon third, while UNC and Yale tied for fourth place.

Rank	School	Score
1	Brigham Young (Marriott)	4.17
1	Georgetown (McDonough)	4.17
3	Carnegie Mellon (Tepper)	4.10
4	North Carolina (Kenan-Flagler)	4.01
4	Yale	4.01
6	Columbia	3.97
6	INSEAD	3.97
6	Pennsylvania (Wharton)	3.97
9	IESE Business School	3.95
10	Chicago (Booth)	3.94
11	USC (Marshall)	3.93
12	IMD	3.92
12	Rice (Jones)	3.92
12	Washington (Foster)	3.92
15	Northwestern (Kellogg)	3.91
16	Cornell (Johnson)	3.90
16	MIT (Sloan)	3.90
18	UCLA (Anderson)	3.89
19	UC at Berkeley (Haas)	3.84
20	Texas at Austin (McCombs)	3.83
21	Stanford	3.81
22	Duke (Fuqua)	3.79
23	Vanderbilt (Owen)	3.78
24	Virginia (Darden)	3.76
25	London Business School	3.74
26	Michigan (Ross)	3.69
27	Emory (Goizueta)	3.68
28	Harvard	3.65
29	NYU (Stern)	3.60
30	Dartmouth (Tuck)	3.58

The Most Diverse MBAs

Three non-U.S. MBA programs landed among the top five schools for producing the most diverse set of quality MBA candidates, according to corporate recruiters. But Yale's School of Management topped this category, followed by Carnegie Mellon. INSEAD, IESE in Spain and IMD in Switzerland rounded out the top five.

Rank	School	Score
1	Yale	4.18
2	Carnegie Mellon (Tepper)	4.17
2	INSEAD	4.17
4	IESE Business School	4.15
5	IMD	4.08
5	Washington (Foster)	4.08
7	Georgetown (McDonough)	4.07
8	Texas at Austin (McCombs)	4.06
9	Rice (Jones)	4.05
9	UC at Berkeley (Haas)	4.05
11	USC (Marshall)	3.98
12	North Carolina (Kenan-Flagler)	3.94
13	Columbia	3.93
13	Cornell (Johnson)	3.93
15	UCLA (Anderson)	3.92
16	Chicago (Booth)	3.90
16	Stanford	3.90
18	Duke (Fuqua)	3.88
18	NYU (Stern)	3.88
20	London Business School	3.86
21	Northwestern (Kellogg)	3.80
22	MIT (Sloan)	3.78
23	Virginia (Darden)	3.77
24	Harvard	3.74
24	Pennsylvania (Wharton)	3.74
24	Vanderbilt (Owen)	3.74
27	Emory (Goizueta)	3.69
28	Michigan (Ross)	3.65
29	Dartmouth (Tuck)	3.52
30	Brigham Young (Marriott)	3.13

Most Innovative & Creative MBAs

When recruiters were asked by Bloomberg Businessweek to name the schools that produce "the most creative" MBA graduates, Stanford topped the list while its archrival Harvard Business School was dead last among 30 programs.

Rank	School	Score
1	Stanford	4.29
2	Yale	4.18
3	Georgetown (McDonough)	4.17
4	UC at Berkeley (Haas)	4.13
5	Carnegie Mellon (Tepper)	4.10
6	Vanderbilt (Owen)	4.09
7	INSEAD	4.01
8	North Carolina (Kenan-Flagler)	4.00
8	Washington (Foster)	4.00
10	IESE Business School	3.98
11	UCLA (Anderson)	3.97
12	Brigham Young (Marriott)	3.96
12	Duke (Fuqua)	3.96
12	IMD	3.96
15	Cornell (Johnson)	3.94
15	MIT (Sloan)	3.94
15	Northwestern (Kellogg)	3.94
15	Virginia (Darden)	3.94
19	Texas at Austin (McCombs)	3.93
20	Chicago (Booth)	3.91
21	Rice (Jones)	3.89
22	Columbia	3.88
23	USC (Marshall)	3.84
24	Emory (Goizueta)	3.81
25	Michigan (Ross)	3.76
26	London Business School	3.71
27	Pennsylvania (Wharton)	3.70
28	NYU (Stern)	3.69
29	Dartmouth (Tuck)	3.66
29	Harvard	3.66

MBA Schools: Highest Brand Value

When corporate recruiters were asked by Bloomberg Businessweek to rate the value of a business school's brand, Stanford Graduate School of Business came out on top, followed by Harvard and Stanford. But then came the surprises. Georgetown was fourth, MIT fifth, with INSEAD and Yale's School of Management tied for sixth place.

Rank	School	Score
1	Stanford	4.69
2	Harvard	4.56
3	Pennsylvania (Wharton)	4.50
4	Georgetown (McDonough)	4.41
5	MIT (Sloan)	4.40
6	INSEAD	4.36
6	Yale	4.36
8	IMD	4.35
9	Columbia	4.27
10	Chicago (Booth)	4.26
11	UC at Berkeley (Haas)	4.18
12	Brigham Young (Marriott)	4.17
12	Washington (Foster)	4.17
14	IESE Business School	4.16
15	London Business School	4.14
15	Virginia (Darden)	4.14
17	Carnegie Mellon (Tepper)	4.13
17	Northwestern (Kellogg)	4.13
19	Duke (Fuqua)	4.12
20	Cornell (Johnson)	4.11
21	Vanderbilt (Owen)	4.09
22	Rice (Jones)	4.08
23	Dartmouth (Tuck)	4.06
24	North Carolina (Kenan-Flagler)	4.04
25	Texas at Austin (McCombs)	4.01
26	USC (Marshall)	4.00
27	NYU (Stern)	3.96
28	Michigan (Ross)	3.91
28	UCLA (Anderson)	3.91
30	Emory (Goizueta)	3.85

MBA Brand Value Of Specific B-Schools

Bloomberg Businessweek bases its ranking of full-time MBA programs on surveys from 3,698 employers who recruit MBA graduates.

The magazine made public recruiter responses on a half dozen survey questions, including which schools’ brand value gives graduates a big advantage in their careers, which schools produce the most innovative and creative graduates, and which provide the most diverse pool of quality candidates.

When asked, for example, which school’s graduates are “better trained than grads from other schools,” Brigham Young University’s Marriott School of Business and Georgetown University’s McDonough School of Business were tied for first, with a score of 4.17 on a five-point scale, with five reflecting the highest grade possible. Carnegie Mellon’s Tepper School of Business was third, scoring 4.10, while the University of North Carolina’s Kenan-Flagler Business School and Yale University’s School of Management were tied for fourth place, with a score of 4.01. Stanford ranked 21st, while Harvard languished in 28th place.

Recruiters put Stanford at the top of the list, with the highest average score of any category, a 4.69. The GSB was followed by Harvard and Wharton. Georgetown’s McDonough School finished fourth, while MIT Sloan was fifth. INSEAD and Yale tied for sixth place, followed by IMD, Columbia and Chicago Booth.

In terns of innovative and creative skills Harvard Business School tied with Dartmouth College’s Tuck School of Business in 29th place. Harvard’s archrival on the West Coast, Stanford, topped the category. Yale, Georgetown, Berkeley and Carnegie Mellon rounded out the top five.

In terms of reputation, Stanford Graduate School of Business came out first, with the University of Washington’s Foster School of Business second, UC-Berkeley’s Haas School of Business third, Georgetown fourth and Rice University fifth.

For entrepreneurial skills Stanford still came out first but Berkeley was second, with Carnegie Mellon and Georgetown tied for third. The University of Washington came in fifth.