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MBA students want to work for Goldman Sachs, JPMorgan, Deutsche Bank and Credit Suisse

1 June 2009

Sarah Butcher

MBA students are not stupid. It is therefore probably no coincidence that according to the latest ranking of their employment preferences they want to work in the banks that have come through the crisis relatively unscathed.

As the table(s) below show, their preferred banking employer is Goldman Sachs, followed by JPMorgan, Deutsche, and Credit Suisse. HSBC, Morgan Stanley, Merrill Lynch and RBS also feature. Notably, Merrill Lynch has slipped 21 places in their esteem over the past year; RBS is down 12 places.

The rankings are based on a survey of 2,630 European MBA students by research company Universum.

MBA employer rankings 2009

MBA employer rankings 2009

MBA employer rankings 2009

Comments (22)

McKinsey first..why would anyone want to work there? Its Corporate Finance work for Corporate Finance basic pay and zero bonus!

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Comments (22)

  • McKinsey first..why would anyone want to work there? Its Corporate Finance work for Corporate Finance basic pay and zero bonus!

    Vertia 01 Jun 2009

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  • I am truly shocked RBS makes it on there at all. Why would anybody want to work for such an inept firm? If i ran RBS i think i'd be changing the name back to Natwest to rid of all the negative conotations of the past two years.

    Jamie 01 Jun 2009

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  • Totally agree with Jamie, how is RBS still there?!

    I feel nothing but pity for MBA students. They spend over $100,000 learning no clear skills, they're worse quality to Associates who've just been working at the bank for a couple of years. They're at a huge disadvantage to those Associates who know the bank  and key people backwards having worked there. And its laughable slash pathetic that these people are in their late 20s and earning £60k bases like their 23-24yo counterparts who got it right the first time.

    Henry 01 Jun 2009

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  • Completely agree with Henry. MBA Associates bring absolutely nothing to the table. "Mediocre but Arrogant" is so true, and I don't know what they have to be arrogant about when they're mere Associates when anyone with a dose of self-respect at their level would be a Director by then.

    Doritos 01 Jun 2009

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  • I agree with you guys but when you look at facts, a huge portion of Hedge Fund founders are MBA's and you sure know that lot of MDs at big banks (even in trading flow or prop) have MBA. what surprises me more is that I have seen some MBAs with no technical background - prior MBA, entering prop and becoming stars trading so called complex products

    PS: I dont have an MBA, have no plan to "buy" one

    coolio 01 Jun 2009

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  • Great comments above. I now wait for the flood of MBA-ers and back/middle office gimps to spam this board with "Shut up", "you're a douche", "get a life" jealous comments.

    Bobby 01 Jun 2009

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  • Sounds like Henry and Doritos applied but were rejected. Too young, though balding, short and fat.

    BSD 01 Jun 2009

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  • where is Nomura???

    kenji 01 Jun 2009

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  • " you sure know that lot of MDs at big banks (even in trading flow or prop) have MBA"

    err, not really. Barely any where I am. The vast majority of our stars worked their way up quickly without wasting 2 years of their life stand-stilling their career.

    Henry 01 Jun 2009

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  • @coolio

    Are you suggesting success at trading is in anyway random? I mean, if it's all a game of chance and portfolio theory in bunkem then what are pensions funds and retail investors paying us for?....

    Tongue cheek etc 01 Jun 2009

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