Many business schools felt optimistic at the start of the hiring season last fall, and for the most part their expectations were met in 2012. Job offers continued to be plentiful, making schools confident that a stronger job market for MBA graduates has returned, hopefully to stay.

This year, half of Bloomberg Businessweek's 30 top-ranked U.S. schools managed to improve their job placement rates. There were no dramatic increases in job placement rates this year, but schools that saw improvement managed to boost their offer rates by anywhere from one to four percentage points over last year. Some schools managed to place all but a small percentage of their students three months post-graduation, such as Emory University's Goizueta Business School and Northwestern University's Kellogg School of Management. A handful of schools reported that 10 percent or more of their graduates were without job offers three months out. At the University of Southern California Marshall School of Business, the number of graduates lacking job offers more than doubled, and nearly one out of four were still searching for work.

Consulting was the most popular industry, followed closely by financial services. Other hot industries for graduates this year were technology, consumer products, and energy. Meanwhile, employers such as Boston Consulting Group, Amazon.com, and McKinsey were active on the recruiting scene, snapping up many of this year's most promising MBA graduates and ranking as top employers on many business school campuses.

Note: Job placement refers to job offers received within three months of graduation. The schools are ranked in order of placement rates, with the best listed first. In case of ties, schools with placement rates that improved the most since 2011 received a higher rank.

Photograph by Kendall Whitehouse/The Wharton School

Many business schools felt optimistic at the start of the hiring season last fall, and for the most part their expectations were met in 2012. Job offers continued to be plentiful, making schools confident that a stronger job market for MBA graduates has returned, hopefully to stay.

This year, half of Bloomberg Businessweek's 30 top-ranked U.S. schools managed to improve their job placement rates. There were no dramatic increases in job placement rates this year, but schools that saw improvement managed to boost their offer rates by anywhere from one to four percentage points over last year. Some schools managed to place all but a small percentage of their students three months post-graduation, such as Emory University's Goizueta Business School and Northwestern University's Kellogg School of Management. A handful of schools reported that 10 percent or more of their graduates were without job offers three months out. At the University of Southern California Marshall School of Business, the number of graduates lacking job offers more than doubled, and nearly one out of four were still searching for work.

Consulting was the most popular industry, followed closely by financial services. Other hot industries for graduates this year were technology, consumer products, and energy. Meanwhile, employers such as Boston Consulting Group, Amazon.com, and McKinsey were active on the recruiting scene, snapping up many of this year's most promising MBA graduates and ranking as top employers on many business school campuses.

Note: Job placement refers to job offers received within three months of graduation. The schools are ranked in order of placement rates, with the best listed first. In case of ties, schools with placement rates that improved the most since 2011 received a higher rank.

Photograph by Kendall Whitehouse/The Wharton School

Best and Worst 2012 MBA Job Placement

Job Offers Abundant, for Most
Job Offers Abundant, for Most

Many business schools felt optimistic at the start of the hiring season last fall, and for the most part their expectations were met in 2012. Job offers continued to be plentiful, making schools confident that a stronger job market for MBA graduates has returned, hopefully to stay.

This year, half of Bloomberg Businessweek's 30 top-ranked U.S. schools managed to improve their job placement rates. There were no dramatic increases in job placement rates this year, but schools that saw improvement managed to boost their offer rates by anywhere from one to four percentage points over last year. Some schools managed to place all but a small percentage of their students three months post-graduation, such as Emory University's Goizueta Business School and Northwestern University's Kellogg School of Management. A handful of schools reported that 10 percent or more of their graduates were without job offers three months out. At the University of Southern California Marshall School of Business, the number of graduates lacking job offers more than doubled, and nearly one out of four were still searching for work.

Consulting was the most popular industry, followed closely by financial services. Other hot industries for graduates this year were technology, consumer products, and energy. Meanwhile, employers such as Boston Consulting Group, Amazon.com, and McKinsey were active on the recruiting scene, snapping up many of this year's most promising MBA graduates and ranking as top employers on many business school campuses.

Note: Job placement refers to job offers received within three months of graduation. The schools are ranked in order of placement rates, with the best listed first. In case of ties, schools with placement rates that improved the most since 2011 received a higher rank.

Photograph by Kendall Whitehouse/The Wharton School
1. Emory University
1. Emory University

Goizueta Business School

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 2%
• 2011: 5%
• 2010: 7%

Top Industries
• Consulting (34%)
• Financial Services (23%)
• Consumer Products (13%)

Top Employers
• Deloitte
• Accenture
• Bank of America

Photograph courtesy Emory University
2. University of California, Berkeley
2. University of California, Berkeley

Haas School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 4%
• 2011: 8%
• 2010: 10%

Top Industries
• Technology (31%)
• Consulting (20.7%)
• Financial Services (14.3%)

Top Employers
• Deloitte Consulting
• McKinsey
• Boston Consulting

Photograph courtesy of University, Berkeley
3. Northwestern University
3. Northwestern University

Kellogg School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 4%
• 2011: 6%
• 2010: 10%

Top Industries
• Consulting (35%)
• Financial Services (19.2%)
• Technology (14.2%)

Top Employers
• McKinsey
• Boston Consulting
• Bain & Co.
 

Photograph courtesy of Kellogg School of Management
4. MIT
4. MIT

Sloan School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 4%
• 2011: 4.1%
• 2010: 4.9%

Top Industries
• Consulting (29.2%)
• Technology (16.8%)
• Investment Banking (12.8%)

Top Employers
• McKinsey
• Amazon
• Boston Consulting Group
 

Photograph courtesy of MIT
5. Columbia University
5. Columbia University

Columbia Business School

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 4%
• 2011: 3%
• 2010: 6%

Top Industries
• Financial Services (48%)
• Consulting (24%)
• Technology (7%)

Top Employers
• McKinsey
• Goldman Sachs
• JPMorgan
 

Photograph by James Leynse/Corbis
6. Rice University
6. Rice University

Jones Graduate School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 5%
• 2011: 8%
• 2010: 16%

Top Industries
• Energy (40%)
• Consulting (19%)
• Financial Services (12%)

Top Employers
• ExxonMobil
• Ernst & Young
• FMC Technology

Photograph courtesy of Rice University
7. University of Chicago
7. University of Chicago

Booth School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 5%
• 2011: 7%
• 2010: 9%

Top Industries
• Financial Services (43.4%)
• Consulting (30.3%)
• Technology (9%)

Top Employers
• McKinsey
• Boston Consulting
• Bain & Co.

8. Indiana University
8. Indiana University

Kelley School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 5%
• 2011: 6%
• 2010: 14%

Top Industries
• Consumer Products (21%)
• Manufacturing (20%)
• Consulting (17%)

Top Employers
• Cummins
• Proctor & Gamble
• Deloitte

Photograph courtesy of Kelley School of Business
9. University of Pennsylvania
9. University of Pennsylvania

The Wharton School

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 5%
• 2011: 5%
• 2010: 13%

Top Industries
• Financial Services (41%)
• Consulting (26.7%)
• Technology (11.6%)

Top Employers
• McKinsey
• Boston Consulting
• Bain & Co.

Photograph by Kendall Whitehouse/The Wharton School
10. Dartmouth College
10. Dartmouth College

Tuck School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 5%
• 2011: 3%
• 2010: 3%

Top Industries
• Consulting (36%)
• Financial Services (22%)
• Consumer Products (13%)

Top Employers
• McKinsey
• Bain & Co.
• Amazon.com

Photograph courtesy of Dartmouth College
10. Harvard University
10. Harvard University

Harvard Business School

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 5%
• 2011: 3%
• 2010: 5%

Top Industries
• Financial Services (34.6%)
• Consulting (24.5%)
• Technology (12%)

Top Employers
• Not available

Photograph by Brent Lewin/Bloomberg
12. University of Texas, Austin
12. University of Texas, Austin

McCombs School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 6%
• 2011: 8%
• 2010: 7%

Top Industries
• Consulting (24%)
• Financial Services (20.9%)
• Technology (20.4%)

Top Employers
• Deloitte
• Dell
• PepsiCo

Photograph courtesy of University of Texas, Austin
13. New York University
13. New York University

Stern School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 6%
• 2011: 7%
• 2010: 10%

Top Industries
• Financial Services (45%)
• Consulting (22%)
• Consumer Products (11%)

Top Employers
• Accenture
• American Express
• Bank of America

Photograph by Pixelbully/Alamy
13. Texas A&M University
13. Texas A&M University

Mays Business School

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 6%
• 2011: 7%
• 2010: 8%

Top Industries
• Consulting (21.7%)
• Technology (19.6%)
• Energy (17.4%)

Top Employers
• Hewlett-Packard
• Dell
• Deloitte

Photograph courtesy of Texas A&M University
15. University of Virginia
15. University of Virginia

Darden School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 6%
• 2011: 5%
• 2010: 13%

Top Industries
• Consulting (30%)
• Financial Services (25%)
• Technology (12%)

Top Employers
• McKinsey
• Boston Consulting
• Microsoft

Photograph courtesy of Darden School of Business
15. Georgia Institute of Technology
15. Georgia Institute of Technology

Scheller College of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 6%
• 2011: 5%
• 2010: 3%

Top Industries
• Consulting (36%)
• Financial Services (17%)
• Technology (13%)

Top Employers
• North Highland
• Bank of America
• Emerson

Photograph by Daniel Mayer
17. University of Notre Dame
17. University of Notre Dame

Mendoza College of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 7%
• 2011: 10%
• 2010: 18%

Top Industries
• Financial Services (24%)
• Consulting (19%)
• Technology (13%)

Top Employers
• IBM
• Deloitte
• Ernst & Young

Photograph courtesy of University of Notre Dame
17. Brigham Young University
17. Brigham Young University

Marriott School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 7%
• 2011: 10%
• 2010: 14%

Top Industries
• Technology (36%)
• Consumer Products (17%)
• Financial Services (12%)

Top Employers
• Adobe Systems
• Amazon.com
• Dell

Photograph by Brigham Young University
19. Duke University
19. Duke University

Fuqua School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 7%
• 2011: 8%
• 2010: 19%

Top Industries
• Consulting (33%)
• Financial Services (20%)
• Technology (14%)

Top Employers
• Deloitte
• McKinsey
• Boston Consulting Group

Photograph by Duke University
20. University of Minnesota
20. University of Minnesota

Carlson School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 7%
• 2011: 3%
• 2010: 9%

Top Industries
• Consumer Products (28%)
• Consulting (16%)
• Pharma/Biotech (14%)

Top Employers
• General Mills
• Target
• Deloitte

Photograph courtesy University of Minnesota
21. Cornell University
21. Cornell University

Johnson Graduate School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 8%
• 2011: 11%
• 2010: 17%

Top Industries
• Financial Services (39.2%)
• Consulting (23.9%)
• Consumer Products (8.6%)

Top Employers
• Citigroup
• Accenture
• Deloitte Consulting

Photograph courtesy of Cornell University
22. Carnegie Mellon University
22. Carnegie Mellon University

Tepper School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 8%
• 2011: 9%
• 2010: 11%

Top Industries
• Consulting (28.9%)
• Technology (21.1%)
• Financial Services (19.3%)

Top Employers
• PricewaterhouseCoopers
• Amazon.com
• Deloitte & Touche

Photograph courtesy Carnegie Mellon University
23. University of California, Los Angeles
23. University of California, Los Angeles

Anderson School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 9%
• 2011: 9%
• 2010: 15%

Top Industries
• Technology (24.8%)
• Financial Services (21.4%)
• Consulting (18.3%)

Top Employers
• PricewaterhouseCoopers
• Amazon.com
• Boston Consulting


Photograph courtesy of University of California, Los Angeles
24. Michigan State University
24. Michigan State University

Broad College of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 10%
• 2011: 13%
• 2010: 28%

Top Industries
• Manufacturing (39.2%)
• Technology (25.7%)
• Consumer Products (14.9%)

Top Employers
• Intel
• Nike
• Ford

Photograph courtesy of Michigan State University
25. Yale University
25. Yale University

Yale School of Management

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 10%
• 2011: 6%
• 2010: 8%

Top Industries
• Consulting (26%)
• Financial Services (25%)
• Consumer Products (11%)

Top Employers
• Barclays
• PricewaterhouseCoopers
• Boston Consulting Group

Photograph by Yale University
26. Stanford University
26. Stanford University

Stanford Graduate School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 10%
• 2011: 5%
• 2010: 7%

Top Industries
• Financial Services (32%)
• Technology (24%)
• Consulting (20%)

Top Employers
• Bain & Co.
• Boston Consulting Group
• CIM Group

Photograph courtesy of Stanford University
27. University of North Carolina
27. University of North Carolina

Kenan-Flagler Business School

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 12%
• 2011: 12%
• 2010: 16%

Top Industries
• Financial Services (27%)
• Consulting (18%)
• Pharma/Biotech (11%)

Top Employers
• Deloitte Consulting
• Johnson & Johnson
• Bank of America

Photograph courtesy of University of North Carolina
28. University of Michigan
28. University of Michigan

Ross School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 15%
• 2011: 15%
• 2010: 22%

Top Industries
• Consulting (31.9%)
• Technology (17.6%)
• Consumer Products (11%)

Top Employers
• Deloite
• Accenture
• Boston Consulting Group

Photograph by University of Michigan
29. Southern Methodist University
29. Southern Methodist University

Cox School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 21%
• 2011: 17%
• 2010: 33%

Top Industries
• Financial Services (19.2%)
• Energy (16.2%)
• Technology (14.1%)

Top Employers
• American Airlines
• PricewaterhouseCoopers
• Hunt Consolidated

Photograph courtesy of Southern Methodist University
30. University of Southern California
30. University of Southern California

Marshall School of Business

Percentage of 2012 graduates without job offers three months post-graduation
• 2012: 23%
• 2011: 9%
• 2010: 12%

Top Industries
• Financial Services (29%)
• Consulting (14%)
• Technology (14%)

Top Employers
• Electronic Arts
• Ernst & Young
• Sony

Photograph courtesy of University of Southern California