BY Lake SydneyMay 17, 2022, 1:15 p.m.
The Apple Store at IFC Mall in Hong Kong, seen in May 2022. (Photo by Marc Fernandes—NurPhoto/Getty Images)
The technology sector attracts the best MBA graduates to almost the same rate as consulting firms and financial services companies, according to the Graduate Management Admission Council. In fact, top business schools like Stanford University’s Graduate School of Business and the University of Washington (Foster) are seeing more than a third of their MBA students land jobs in the tech industry after graduation. graduation.
These MBA graduates aren’t hired by just any tech company — they’re poached by Apple and Google, both of which rank among the top 10 companies in the world. Fortune 500. Reports show that only about 2% of Apple applicants and about 1% of Google applicants are hired.
“When it comes to tech recruiting, today’s tech market leaders, including Apple and Google, have designed grueling recruiting processes to filter out the best of breed,” Samir Kamatauthor of Beyond the Hype MBA and founder of MBA crystal ballrecount Fortune. “In fact, the selectivity rates of these companies could rival and exceed top universities.”
Between 2018 and 2020, 426 MBA graduates were hired by Google and 139 got jobs at Apple, according to data collected by Menlo Coaching, an MBA consulting firm. Menlo Coaching reviewed over 50,000 MBA student profiles from public sources, including graduation announcements as well as Facebook and LinkedIn posts.
While many graduates of the top 20 schools in the FortuneThe ranking of the best full-time MBA programs is hired by Apple and Google, a few programs see these two companies hiring their MBAs in droves. Data from Menlo Coaching shows that Northwestern University (Kellogg) leads in MBA hires at Apple, while the University of Pennsylvania (Wharton) saw the most Google hires.
Apart from these two schools, there are still many programs that will get you potentially hired by Apple or Google. Using a mix of data from Menlo Coaching and direct reports from schools, Fortune has compiled a list of a few other schools to check out if you’re aiming for a job at Apple or Google.
University of California-Berkeley (Haas)
Located near Silicon Valley, it’s no surprise that the University of California, Berkeley (Haas) is a strong feeder school for Google. Between 2018 and 2020, Menlo Coaching reports that Google hired 25 Haas MBA students, and according to the school, 13 additional graduates were hired in 2021.
“Our students succeed in technology companies because of our strong background in general management,” says Abby Scott, Haas Assistant Dean for Career Management and Corporate Partnerships at the MBA. Fortune. “The analytical rigor of our program serves them well in environments where they will be called upon to lead cross-functional global teams and make data-driven decisions.”
The school also offers several technology-focused electives as part of its MBA program and sees its graduates take on various roles in technology companies.
“Many might assume that MBA graduates only go into technology-focused roles, such as product management at tech companies like Google and Apple,” Kamat says. “Leading tech companies recruit MBA graduates for the full range of internal and external roles such as marketing, strategy, accounting, finance, recruiting, operations and partnerships.”
Colombia Business School
In 2021, just under 20% of Columbia Business School MBA students accepted technology jobs after graduation, earning a median starting salary (including bonuses) of around $150,000. depending on the school. employment report.
This New York school is a top source of jobs at Apple and Google, according to data from Menlo Coaching. Several graduates have gone into product development and strategy, while others have pursued jobs in supply chain and business growth. Dean of Columbia Business School Costis Maglaras played a major role in the curriculum’s focus on technology development, which yielded results in the school’s employment reports.
“You and I live in a world rich in data and technology,” Maglaras said. Fortune in a recent interview. “It has fundamentally changed both the companies and the types of jobs our students do. Business education has evolved to both embrace this and better prepare students for this digital future. »
Carnegie Mellon University (Tepper)
Carnegie Mellon University (Tepper) is proud to offer a data- and technology-driven MBA program in multiple formats, including in-person, online, and hybrid options.
“In order to solve the business challenges ahead, you will need to be able to forecast, predict and model solutions in the face of uncertainty,” according to Tepper. curriculum information page. “You will need to develop your advanced analytical skills to stand out in today’s market.”
The school has sent graduates to work at high-tech companies including Microsoft, but also sees graduates take up positions at Google and Apple.
“Companies are continually recruiting talent [Tepper] because they know our students have mastered world-class technologies and analytics tools,” said Stephen Rakas, executive director of Tepper’s Masters Career Center. Fortune. “Our MBA students are also known to be ambitious yet collaborative, ready to dig in and solve complex problems.”
How Harvard, Stanford, Wharton are doing
Harvard Business School, Stanford GSB, and Wharton are all top MBA talent producers hired by Google. HBS was second for most hires at Google behind Wharton — and Stanford wasn’t too far behind, according to data from Menlo Coaching. Each school sees around 20% to 30% of its MBA graduates enter the technology sector.
“Google and Apple hire the most from MBA programs that have a high percentage of technology graduates,” said Talon Rindels, consultant at MBA exchangerecount Fortune. “The top schools that meet these criteria are Kellogg, HBS, Stanford and Wharton.”
Wharton reported base salaries for tech graduates of $141,000, but data from other top business school programs suggests those students likely earn more than $200,000 with bonuses. Technician salaries are about 20% to 25% higher for MBA graduates than for undergraduate hires, said Keith Feinberg, director of permanent placement services at Robert Half. Fortune.
While there are still Apple hires at these three schools, they have been beaten by other programs, including Duke University (Fuqua), University of Texas–Austin (McCombs) Columbia, and Kellogg.
Find out how the schools you’re considering have landed on Fortune’s Top Rankings Masters in Public Health Programs, business analysis programs, data science programsand part time, executive, full timeand in line MBA programs.