Post tagged "nyu-stern"

Apr 17, 2018

Harvard Business, Wharton NYU Stern Commencement Speakers Announced

Harvard Business, Wharton NYU Stern Commencement Speakers Announced

As spring fully arrives, so do the business school announcements for commencement day. Clear Admit has already discussed the graduation speakers you can expect at Michigan Ross and Stanford GSB. Now, Harvard Business SchoolWharton, and NYU Stern have also announced their graduation speakers.

Harvard Commencement

At Harvard Business School, Carla Harris, vice chairman of Morgan Stanley, will deliver the MBA Class Day address. Harris (MBA ’87) has worked for three decades at Morgan Stanley, holding influential positions in mergers and acquisitions as well as equity capital markets. She’s also active at the university as a member of the Harvard University Board of Overseers. In addition, Harris is the focus of an HBS case study about emerging female and minority asset managers.

  • Date: Wednesday, May 23, 2018
  • Location: Baker Lawn

Wharton Graduation

Hamdi Ulukaya, the founder, chairman, and CEO of Chobani, LCC, will speak at the Wharton MBA graduation ceremony. Raised in eastern Turkey, Ulukaya launched Chobani in 2007 with the goal of making good food more accessible. Within five years, Chobani had become the number one best-selling Greek yogurt brand in the United States. Beyond his business success, Ulukaya has also had a positive impact on communities through donations to charities, innovative profit-sharing, and paid parental leave.

  • Date: Sunday, May 13, 2018
  • Location: The Palestra

NYU Stern Commencement

At NYU Stern, graduates can expect to hear from keynote speaker Sallie Krawcheck, the CEO and co-founder of Ellevest, a newly launched digital investment platform for women. Beyond her entrepreneurial work at Ellevest, Krawcheck is the chair of Ellevate Network, a global professional women’s network, and Pax Ellevate Global Women’s Index Fund, which invests in companies that advance women. She’s also a best-selling author and previously served as CEO of Merrill Lynch Wealth Management, Smith Barney, and Sanford Bernstein.

  • Date: Friday, May 18, 2018
  • Location: Theater at Madison Square Garden

This article has been edited and republished with permissions from our sister site, Clear Admit.

Apr 13, 2018

What They’re Saying: Zuckerberg Testifies Amid Facebook Scandal

What They’re Saying: Zuckerberg Testifies Amid Facebook Scandal

Earlier this week, ultra-rich and seemingly malnourished social media monolith Mark Zuckerberg testified before a continually befuddled U.S. Congress about the Facebook scandal regarding the private information of its unwary users.

However, despite getting turned into a plethora of memes during his time in Washington DC, it’s patently unclear what, if anything, will come as a result of the testimony, in which Zuckerberg said that data was even coming from users who didn’t actually have their own Facebook accounts.

Zuckerberg’s appearance before Congress came within the short window of time in which Cambridge Analytica—the other company embroiled in ongoing Facebook scandal—watched as its CEO Alexander Nix stepped down from his role. Check out how business schools are reacting to the recent news below.

Apr 3, 2018

Inside the NYU EMBA Global Study Tour to Vietnam

Inside the NYU EMBA Global Study Tour to Vietnam

Global study trips are one of the most valuable opportunities available to MBAs. It can provide students with the chance to experience different business practices, learn from companies across the world, and better understand the global marketplace. It’s a beneficial learning environment for students in any industry and job function.

At the NYU Stern School of Business, the most recent Global Study Tour took a group of Executive MBA students to Ho Chi Minh City, Vietnam. During the trip, students met with representatives from a wide range of companies including Vina Capital, Grab, AstraZeneca, Siemens, Esquel Group, and more. Don’t worry; they also had plenty of time to sightseeing and eat the local food.

To learn more about this most recent Global Study Tour to Vietnam, we spoke with Anjou Martinez, an ’18 EMBA student, who was on the trip.

MetroMBA: What was the highlight of the trip for you?

Vincom Center

Anjou Martinez: The best part of the trip for me was the Local Market Immersion, where each group was assigned a tour guide/interpreter and was given an itinerary to visit a variety of local places to observe the daily life in Ho Chi Minh. My group was tasked to visit Vincom Center, a high-end shopping mall equipped with residential and office space. At lunch, we sampled traditional Vietnamese cuisines such as Bun Bo Hue, a traditional Hue-style beef noodle soup, Xu Chicken Rice, a crispy chicken dish with ginger chili soy sauce and aromatic rice, and Sautéed Vermicelli Noodles with vegetables.

Ben Thanh Market

After lunch, we walked to the famous Ben Thanh Market, an indoor marketplace that sells local handicrafts, branded goods, and souvenirs at inexpensive prices. In this setting, prices are not fixed, so you have to haggle to find a bargain. We also visited Phuong Ha, a specialty grocery store for expats and more affluent locals. Most of the goods were manufactured from the U.S., Europe, and Australia.

On our way to our last stop, which was Maybank, we added a side trip to the Bitexco Financial Tower, which is the tallest skyscraper in Saigon. We ended our immersion at the bank, which was closed by the time we arrived—it closed at 3 p.m., which we thought was early compared to U.S. standards.

Metro: What company visit had the greatest impact on you and why?

AM: My favorite company visit was at Doan Potters, a private company in Binh Duong province which exports its pottery and home décor products to big companies such as Wal-Mart, Home Depot, Lowe’s, Crate & Barrel, and Pier 1 Imports. The management was very accommodating. They broke us into groups and assigned us an expert to tour their facilities and better understand their business from converting the raw materials into clay, designing, slip-casting, jiggering, hand-turning, glazing, carving, and firing. This experience showed me how small businesses in Vietnam can thrive, make an impact in their community, and profit globally.

Doan Potters

Metro: Can you share one of your funniest situations or experiences in Vietnam?

AM: The most unique experience I had in Vietnam was after class, when several of us rode on the back of a scooter driven by our personal driver/guide to explore the bustling streets of Saigon while making food stops at local eateries. It was exhilarating to go with the traffic flow with no clear driving lanes and directions. We ate like the locals on low tables and low stools in a crouch position. We were on the streets with Back of the Bike Tours for most of the evening, and we ventured from District 1 to District 3 and 10. I thought it was the best way to live like a local for one night. My driver Phuong was very helpful in answering questions about her country and what it was like for her—as a recent a college graduate—to live in Saigon.

Metro: What surprised you the most about your trip?

AM: Coming into Vietnam, I thought they were a strict Communist country like China. However, I was surprised to find out that the government has done a lot of things to improve capitalism by encouraging privatization. Small- and mid-size businesses are indeed thriving in Saigon.

Metro: Why did you decide to go on the Global Study Tour to Vietnam?

AM: As part of the NYU Executive MBA program, we had an option to go to a global study tour (GST) in Vietnam or Greece. I thought a GST in Vietnam is more of an educational experience for me since I had lived in Southeast Asia when I was younger. I think Vietnam has its own charm and interesting history—so much so that I was inclined to travel more than 20 hours one-way to experience what it had to offer.

Metro: How did the trip enhance or change your view of international business?

AM: Seeing is believing. Aside from Doan Potters, we also visited Esquel Group, a global textile and apparel manufacturing company that boasts clients such as Nike, Ralph Lauren, and Tommy Hilfiger. We witnessed how shirts and pants were made from scratch from cutting, sewing, embroidery, silkscreen, laundering, and packaging. Now, when I go for a run and put on Nike apparel, I think of Esquel’s manufacturing facility and how the world is a smaller place. The East has really met the West. International business can flourish by establishing global partnerships that create win-win situations for both companies.

Metro: Why would you recommend that an MBA student travel abroad during their program?

AM: My global study tour was an eye-opening, educational experience that cannot be matched by lectures, course readings, or videos. Students must immerse themselves in the culture, language, customs and thus, business opportunities. The academic structure of the global study tour optimized the learning.

Mar 13, 2018

March Madness Begins: Consortium MBA Draft Takes Place Today

March Madness Begins: Consortium MBA Draft Takes Place Today

Clear Admit recently highlighted this year’s Consortium for Graduate Study in Management MBA Draft, which is offering huge scholarship payouts for a lucky few. Check it out below.

No, it has nothing to do with basketball. A draft of another sort will take place today, but for some MBA applicants it could be as big as getting by  the Golden State Warriors. We’re talking about the annual draft for the Consortium for Graduate Study in Management. Each year, the group’s member business schools offer tens of millions of dollars in fellowships to hundreds of MBA applicants, most under-represented minorities.

Held annually in mid-March, the draft is a complex matching up of leading business schools and applicants based on the order of preference expressed by each. Consortium member schools include the University of Michigan’s Ross SchoolUVA’s Darden SchoolUC Berkeley’s Haas SchoolDartmouth’s Tuck School, and NYU Stern, to name just a few. When applicants apply as part of the Consortium Fellowship process, they benefit from being able to apply to six of the 19 members schools using a single application (with volume discounts for multiple schools). But then comes the tough—and critical—part.

The Importance of Ranking Your Consortium Schools Carefully

You have to rank your selected schools in order of your desire to attend, which will determine the order in which you’ll be considered for the Consortium Fellowship, a merit-based, full-tuition award. (There is the pesky little detail about needing to gain admission to a school or schools on your list.) Provided you are admitted to some or all of the schools on your list, your ranking then comes into play. If your first-ranked school declines to award you funding through the Consortium, the opportunity will be passed on to the next school on your list, and so on. According to a Consortium employee, the order in which applicants have ranked their choices is not revealed explicitly to the schools. Instead, each school is just not given an opportunity to offer you the fellowship until theirs is the top remaining school on your list.

Of course, another important part of the Consortium application is demonstrating a proven commitment to increasing the ranks of African Americans, Hispanic Americans, and Native Americans in business education and corporate leadership. The Consortium was founded in 1966 by Washington University professor Sterling Schoen around the mission of equipping more African American men with the requisite business skills to succeed in corporate America. Three schools and 21 men took part in the first year. Additional schools began to join as members, and in 1970 applicant membership was widened to women, Hispanic Americans, and Native Americans. In 2004, in compliance with a Supreme Court ruling a year earlier, membership was opened to all U.S. citizens and permanent residents who demonstrate a track record of supporting the Consortium vision.

Today’s Consortium MBA Draft Day

Fast forward to today, draft day. Representatives from the member schools are gathering with Consortium staff to begin the complicated matchmaking process, which at least in recent years has taken place in a St. Louis hotel room near the Consortium’s Chesterfield, MO, headquarters. Unless things have changed dramatically with recent additions to the number of member schools—the group has grown from 17 in 2011 to 19 this past July—the process includes six rounds and takes about four hours to complete.

Schools come in with their draft picks in hand, and the school designated as first choice by the most applicants gets to choose as many of those students as it wants to offer the fellowship. And so it continues, passing on to each successive school to select from its first-round applicants. If a school passes on an applicant at any time in the process, another school can then select that applicant in a later round.

From the applicant’s point of view, here’s what it looks like: Let’s say that Yale SOM is your first-ranked school and you are admitted into its MBA program. In today’s draft, Yale SOM will have first dibs on offering you the Consortium Fellowship. If Yale SOM does offer you the fellowship, everyone’s happy and you can choose to attend with the benefit of the fellowship. You may still be admitted to other programs on your list, but these programs cannot offer you the Consortium Fellowship.

But say you were admitted to Yale SOM but it doesn’t offer you the fellowship—or you don’t get into Yale—then the opportunity to offer you the fellowship is made available to your second-ranked school, and on down the line.

While only one school can offer you the Consortium Fellowship, that does not preclude the other schools on your list from offering you other school-specific scholarship funding. Once awarded by one school, the Consortium Fellowship is not transferable to another.

Regardless of whether you ultimately accept the fellowship and attend the school that offers it, you retain your Consortium membership status, granted as part of the application process. As long as you attend a school within the Consortium, you’ll get take advantage of a wide range of membership benefits, including valuable recruitment and networking events, webinars, and chats.

Why Would Anyone Turn Down a Consortium Fellowship?

Consortium member schools will typically select more students than they have fellowships for to account for the fact that some fellowship recipients will ultimately turn down their offers. What would make a fellowship applicant turn down a free ride to a top-ranked business school, you ask? Sometimes it’s admission to an even higher-ranked business school not part of the Consortium (HarvardStanfordWhartonColumbiaKelloggMIT Sloan, and Chicago Booth don’t play the Consortium game). This becomes an easier decision if these other schools offer their own attractive financial aid enticements, which they often do. So in the coming Decision Week(s), keep in mind that schools that have picked you now get to anxiously await word of whether you pick them. It’s nice when the tables get turned, right?

The official Consortium Fellowship notification deadline is March 23rd, but we’d guess many schools will be eager to share the news of the fellowship award in tandem with the news of acceptance. It should be fun to watch on MBA LiveWire! Those of us here at Clear Admit are wishing luck to the applicants and schools involved in today’s Consortium MBA Draft and hope some terrific matches are made, resulting in hundreds of successful MBA careers and further expansion of the Consortium mission’s reach.

To those on MBA Livewire who have speculated about why some Consortium applicants learned of decisions from certain schools before stated decision deadlines, that’s also related to today’s draft. Consortium member schools will have needed to make admissions decisions for their potential drafts picks by today, regardless of the school’s own decision deadline. Some schools may choose to communicate those decisions to applicants early since they already will have been reached.

Learn more about the Consortium application process hereApplications for the Class of 2021 open in August 2018 are due in two rounds, the first in October 2018, and the second in January 2019.

Feb 26, 2018

How Quickly Can You Earn an MBA in New York City?

How Quickly Can You Earn an MBA in New York City?

The time of the two-year MBA is coming to an end. Now, many top schools offer accelerated MBA programs that can be completed in as little as 12 months—with one school offering a nine-month MBA program designed just for business school graduates. So where you can find the fastest MBA degrees in NYC?

For most of these one-year NYC business school programs, the MBA curriculum and experience is similar to that of the traditional two-year MBA but condensed into a more intense 12-month format. These are the ideal programs for business professionals who do not have the time to take off two years of work but want the full MBA experience. Continue reading…

Feb 23, 2018

Real Humans of the NYU Stern MBA Class of 2019

Real Humans of the NYU Stern MBA Class of 2019

Clear Admit recently profiled many of the standout students from the NYU Stern MBA Class of 2019, which you can read below.

New York University’s Stern School of Business got the party started this summer as the first leading business school to share a profile for its incoming Class of 2019. That profile, published in late July, revealed a 4 percent uptick in application volume over the prior year. At the same time, the school admitted significantly fewer students—822 this year as compared to 871 last year—which means that those who got in did so against greater odds.

This increased selectivity may have contributed to the rising GMAT scores among those who got the nod. Both average and median GMAT scores increased year over year. The average GMAT score jumped six points, from 710 to 714. The median score increased even more significantly, from 710 to 720. Average GPA, though, slipped slightly, from 3.51 to 3.48.

As the school’s admissions process grew more selective, the enrolled class grew more diverse. The incoming class is 38 percent female, up from 35 percent the prior year. International students also increased to represent 37 percent of the Class of 2019, up from 35 percent in the Class of 2018.

In terms of the work experience they bring with them, more members of the Class of 2019 come from the financial services industry (29 percent) than any other. Another 12 percent of the class came from consulting. Students with government/non-profit, tech, and military backgrounds followed, at 7 percent each.

While some of these statistics hint at both the diversity and the high caliber of the incoming class, nothing brings that to life more than a look at some of the real students who enrolled. We spoke with five of them—drawn from Massachusetts, Texas, Michigan, India, and Lebanon respectively—to learn more about why they chose Stern, how they hope the Stern MBA will help them transform their careers, what advice they would offer to applicants navigating the admissions process right now, and more.

Perhaps not surprising, NYU Stern’s New York City location factored highly into the decision-making process for many of the students we asked. But so too did its community—including how approachable and friendly current students were to prospective students and the school-wide emphasis on IQ + EQ (emotional quotient)—and its curriculum, which has a strong core but also gives students the opportunity to explore electives early on and offers specializations in things like luxury marketing and technology. The reach of its alumni base was also a factor cited by several of the students we spoke with.

Read on to learn more about some standout members of the NYU Stern MBA Class of 2019.

Feb 8, 2018

The 5 Important Things You’ll Need to Know When Getting an MBA

The 5 Important Things You’ll Need to Know When Getting an MBA

If you’ve gone through the rigamarole of an MBA application, chances are you’re feeling a bit taxed (no pun intended). Don’t slow down now! Sometimes when you have your life and education under the microscope it’s helpful to get a gentle reminder from a reliable source—like us—of what you hoped to get out of the degree in the first place. Here are a few tips that might help calibrate your b-school compass:

Practice On The Field

Cliff Oxford, founder of the Oxford Center for Entrepreneurs, wrote in the New York Times that certain traditional MBA programs are “like having athletes studying game film but never practicing on the field.” This is why many schools encourage students to apply for internships during enrollment or summer semesters. These opportunities can be competitive—especially if you have your mind set on a large company—but don’t let that deter you.

There are many ways to stay connected with the global marketplace, where you will be employed in only two years. For starters, keep applying and remain alert to positions that may have a greater potential for longevity. Interviews that don’t lead to an internship are still essential experiences. If your chosen program doesn’t have adequate outlets for students to engage with employers, ask for them.

Let A Mentor Set The Pace

Mentorships reinforce the idea that there’s no substitute for experience. For students too intimidated to reach out to a professor, consider that mentorships may be the most rewarding part of their job.

Many schools offer a mentorship program built into the curriculum. Large schools like the University of Oregon and the University of Miami pair students with local professionals to “meet regularly throughout the academic year to discuss everything from study habits to career choices.” Schools have reported that these connections are pivotal for students in achieving their ideal positions and cultivating life-long relationships in the field.

Mentorship is also a staple of the career path designed for students at powerhouse business schools like the Yale School of Management, which recently revamped its WE@Yale program.

Change Your Perspective

When under pressure, remember to give yourself a break. Exercise and meditation are steadfast options, but use your imagination. Jerry Seinfeld reportedly displayed images from the Hubble Space Telescope on the walls of his writing room to calm his nerves. ”I don’t find being insignificant depressing. I find it uplifting.”

Completing your MBA is a personal exploration above all else. Don’t forget your true entrepreneurial spirit while finding your footing. After all, changing ones career is the second most common reason, according to students, that they pursue an MBA in a first place.

Experiment With Electives

Special projects and electives are a chance to step out of your comfort zone. These courses are updated on a yearly basis, meaning that they cover cutting-edge topics that can open up new worlds and help you garner skills that separate you from the rest.

For example, the Stern Signature Project at the NYU Stern Center for Business and Human Rights recently led students to create a business plan “focused on sustainable employment and profit” for a private Kenyan social enterprise.

The NYU Stern Center for Business and Human Rights launched in 2013, focusing on various issues like manufacturing, sustainability, and much more.

Get To Know Your Pack

A drive to succeed doesn’t mean that you have to be the lone wolf on Wall Street. Every MBA program has students who come from unique backgrounds, cultures, and histories. These are your future colleagues. They’re also hidden mentors who may be your most valuable supporters.

Many schools, like the Wharton School at the University of Pennsylvania, actively acclimate their students together with unique Olympic-like events, helping bridge the various cultural gaps of the incoming students. Not only are these events fun, unless you hate being outside or sack races, but they are potentially powerful networking events for you and your peers.

Feb 7, 2018

How Fast Can You Earn an MBA?

How Fast Can You Earn an MBA?

The process of earning an MBA is an exciting and often transformational time in someone’s life—and for some people, the faster you can get through it, the better.

The benefits of earning an MBA, such as increased post-graduate salary, career advancement potentials, and development of a strong business network, remain true regardless of how long it takes to complete your degree program. Completing your degree quickly just means reaping the benefits faster, while limiting the amount of time without an income.

MBA graduates are a diverse group—not only are they rising business leaders, but they are also parents, community organizers, and working professionals. With so many different types of MBA programs available, such as Online or Accelerated MBAs, students can choose the best program for their busy life and time constraints.

The average time it takes to complete your MBA can vary depending on the school, program, and type of degree. Below, we’ve rounded up the most important information regarding the average program length and schedule for a variety of MBA programs throughout and beyond the United States.

How Fast You Can Earn a Full-Time MBA?

With so many options to truncate the amount of time it takes to complete an MBA, it may seem strange that someone would still choose to pursue a full-time degree. Nevertheless, there are still numerous benefits to pursuing your MBA full time. Among these benefits is the increased opportunity for full-time students to get fully involved in the goings on of their university and business school. From student organizations to case competitions to hands-on experiences, full-time students have committed their full schedule to their business education and most certainly reap the benefits when it comes to skills and network development. Furthermore, taking time off of work to pursue your degree full-time leaves you open for more opportunities- such as traveling for study abroad, business plan competitions or corporate visits- that likely wouldn’t be possible for someone working while they’re in school.

The average full-time MBA degree today typically require around 30-60 credit hours, with variation depending on the program. With the typical course load asking students to take three courses (nine credits) per semester, the average full-time MBA can be expected to be completed in two full years. Most full-time programs begin in August or September and take four semesters for students to complete their required work, earning their degree by May or June of the second year.

Since the number of credits required by a particular program can vary, some full-time MBAs may be able to be completed faster than two years. Whereas programs like the full-time MBA at NYU’s Stern School of Business takes two years and requires 60 credits, a program like the full-time MBA at McMaster University’s DeGroote School of Business can be completed in as few as 16 months.

How Fast You Can Earn a Part-Time MBA?

A part-time MBA is the perfect option for someone who doesn’t want to put their career on hold while they earn a degree. With a flexible and often self-paced schedule, students are able to complete their degree in a time frame that works best for them, with classes typically offered at night or on the weekends.

While the benefits of a flexible schedule are enormous, one downside is that taking less courses each semester will ultimately extend the amount of time it takes to complete your degree. Typically, students pursuing their MBA part-time will earn their degree in three years, but this can vary significantly—not just depending on the program, but the person! For example, the top part-time MBA program at Northwestern University’s Kellogg School of Management can take anywhere from 1.25 to five years to complete.

What About an Accelerated MBA?

It’s right there in the name—the Accelerated MBA is all about earning a quality business education quickly and jumping right back into work. Most accelerated MBA programs can be completed in just twelve months if pursued full-time, or twenty-four months on a part-time schedule.

Of course, completing a degree in this length of time takes an impressive commitment. Unlike other programs that have winter and summer breaks between the semesters, many Accelerated MBA programs have shortened vacation periods and will require students to continue working throughout the summer.

Not every school offers a One Year or Accelerated MBA options, but those that do take these programs seriously and ensure that the same quality education received in a full-time degree program can be provided to students in just one year. Programs like the One Year MBA at Emory University’s Goizueta Business School boast impressive statistics, such as a 5:1 student to faculty ratio and a 93 percent success rate for graduates receiving employment within three months of completing their degree.

Is An Online MBA a Faster Option?

The world of Online MBAs is a diverse one with a wide array of options to choose from. Really, the only commonality between all online programs is where the classes take place—online! These programs provide for maximum flexibility where students can pursue their education from the comfort of their own homes—or wherever the world may take them.

Online MBAs come in all shapes and sizes, but typically require an average of around 30 credit hours. Depending on the university schedule, this can take up to two years to complete. At Temple University’s Fox School of Business, for example, the Online MBA program can be completed in 20 months, and includes a one week long opening residency. Some schools may also offer their part-time or Accelerated MBA programs in an online format. At the Kogod School of Business at American University, their AACSB-accredited online MBA involves 48 total credits but can be completed in just one year.

What About an Executive MBA?

The Executive MBA is a program designed for professionals with several years of work experience under the belt, who are looking for an MBA education to enrich their professional experience and open new career opportunities. Since this degree is targeted towards working professionals, it is typically structured so that students can keep working full-time, taking classes in the evenings and weekends.

On average, Executive MBA programs will take up to two years to complete, though this is typically a very part-time schedule. One of the top ranked EMBA programs in the country is the Executive MBA at Fordham University Gabelli School of Business, which can be completed in 22 months by attending class for one three-day weekend per month.

From your first day of classes to graduation, a world-class business education is typically no more than two years away. However, the flexibility of many programs put the power in the student’s hands: important factors like your schedule, finances, and the impact of taking time off of work should all factor into your decision about what type of MBA to pursue.

Jan 15, 2018

What Should You Study? Finance vs. Marketing MBAs

What Should You Study? Finance vs. Marketing MBAs

George Harrison, in his final album Brainwashed, has a line in a song that goes, “We pay the price with a spin of a wheel / with a roll of a dice / Ah yeah, you pay your fare and if you don’t know where you’re going / any road will take you there.”

Continue reading…

Dec 7, 2017

Facebook Tops Glassdoor’s 100 Best Places to Work List

Facebook Tops Glassdoor’s 100 Best Places to Work List

Employer review website Glassdoor, which allows users to read anonymous employee testimonials about employers, has revealed its annual “Best Places to Work” list, with familiar MBA recruiters Facebook, Bain & Co, and Boston Consulting Group (BCG) earning the top three spots.

Why Facebook?

Since 2011, the social media empire has been one of Glassdoor’s most praised companies to work for, earning a top five spot seven out of the past eight years, including three number one overall awards. Facebook employees are often given extensive benefits, including four months of paid maternity leave—a policy often considered a luxury in the U.S., which has no legally mandated paternity leave policies for employers. As well, earlier this year, Facebook COO Sheryl Sandberg announced the company would implement paid sick time for employees and family members.

With increasing revenue streams, the company’s hiring numbers have continued to swell, with nearly 19,000 employees as of earlier this year—a 38 percent jump from March 2016 to March 2017. In fact, just this week, the company announced it will be adding 800 more jobs at its new London office.

Data via Facebook, graphic by The Atlas/via Quartz.

Of course, the central pitch to work at the social media monolith may be predicated on the payment of employees. According to Paysa, the average Facebook salary is north of $250,000 annually, combining base pay, bonuses, and equity. Most jobs at the company start at, at least, $70,000 USD annually, with business management roles starting at $135,000.

The company has also made a concerted effort at diversifying its hiring. Speaking with Forbes, Lori Goler, vice president of people, said, “Diversity is critical to our mission at Facebook, because we serve a community of 2 billion around the world, and of course there’s diversity in that community.”

The company, according to Forbes, employs between 33 and 35 percent women, and there has been considerable gains among women employed with computer science and engineering backgrounds, as well as a 500 percent increase in employment among those of African descent since 2014. In the interview, Goler added, “We’re nowhere near where we want to be, but we’re at least hearted to see that at least we can make some progress.”

Check out Facebook’s graduate student recruitment page here.

Consulting Companies Still Reign

While certain statistics indicate a wave of MBA grads may be leaving consulting in favor of tech-centric employers, as evident by the recently released Northwestern University Kellogg School of Management employment report, consulting companies are remain one of the primary targets for MBA students and graduates, and for good reason.

Bain & Co., like Facebook, has been endlessly praised by Glassdoor reviews, ranking among the top four best places to work every year since 2009. Like most of the companies on the year-end list, Bain offers ample benefits, including several months of paid maternity leave, comprehensive vacation and insurance policies, and one of the world’s best 401K offers. Fellow Boston metro company BCG also officers a considerable parental leave benefits package, retirement planning, and lofty salaries.

Inside the New York City BCG office/Photo via BCG.

Like Bain, BCG makes a concerted effort to bring in incredibly comparable MBA graduates, recruiting students from multiple prominent business schools like The Wharton School, NYU Stern, Columbia Business School, and many more.

Some Traditional Companies Remain Steady, While Giants Like Apple Stumble

Tech empire Google, not surprisingly, held its place among the top 10 companies—having never fallen lower than eighth overall since 2012. Just outside of the top ranking companies, McKinsey & Co. stayed within the top 20, while other notable heavyweights like Microsoft (39th), Capital One (69th), Deloitte (77th), Accenture (83rd), and Apple (84th), the world’s most successful consumer company, fell to the lower ends of the list.

Despite having the second most profitable year in company history, falling shortly behind it’s 2015 figures, Apple has been steadily dropping down Glassdoor’s annual Best Of list, posting its worst standing in the history of the ranking—nearly 50 spots worse than last year’s ranking of 36th overall.

Considering, however, that the annual ranking is comprises of over 500,000 companies, this drop may not be as serious as it would appear. The overall Glassdoor rating for Apple was 4.3, in contrast to Facebook, which boasts a current 4.6 rating. The average Glassdoor rating for employers, for context, is 3.3.

Some Surprises

Not every company included in the Glassdoor Best Of list could be considered a traditional MBA recruiters, including beloved U.S. west coast fast food chain In-N-Out Burger (fourth overall), growing athletic leisurewear empire Lululemon (sixth), wine company E. & J. Gallo Winery(14th), Delta Airlines (17th), and The Church of Jesus Christ of Latter-day Saints (19th), which provides “Excellent dental and medical coverage,” according to an anonymous employee. Plus, “you work with people who don’t swear.”

For a more extensive overview of the methodology behind the ranking, click here.