<p>furthermore,
if a better phrasing of your point would be, "IB and Consulting firms, when looking to hire new MBA graduates, prefer those MBA candidates with industry experience (i.e. a microsoft, biotech, etc.), then you are flat wrong. I have witnessed firsthand that, at the very least, consulting firms pretty much just want to see consulting experience on the resumes of the MBA people they are looking to hire. Even people with previous experience at, say, McKinsey IT are looked upon unfavorably. For those without any previous consulting experience, getting hired as an associate at a consulting firm requires an extraordinary set of professional experiences. The list of rejected Wharton resumes I could show you, for example, would be staggering.</p>
<p>These firms are looking to hire more of “their own”, not give chances to those without experience that indicates they have the requisite skills. Nobody wants to be the first to take a chance on somebody, certainly not those promising $120k base salaries to start.</p>