<p>The thing with investment banking and management consulting is that it is hugely competitve to land a position. They really only consider top grads from from Ivy schools. People I know that went to work for IB/MC were engineers with MBA’s from Johnson (Cornell), Sloane (MIT), Rotman(Toronto - yes a Canadian school!) and Wharton (UPenn). It bears mentioning that these guys all had minimum A- (3.7) GPA in undergrad - and were personable as well as being very smart. You can see that you need a good undergrad GPA and to graduate from a top MBA - no easy feat.</p>
<p>On the other hand, 60 Minutes did a profile on Indian Institute of Technology as India’s MIT. It would not surprise me that IB/MC would hire these grads - probably a good business decision since many are really smart.</p>
<p>I have a friend who had average marks and is working towards an online MBA. She is delusional if she thinks that this online MBA will give her access to the top IB/MC firms.</p>