Which MBA major is best for consulting?

Management consulting and strategic management are the best MBA specializations for consulting professionals.

Which MBA program is best for consulting?

Is an MBA good for consulting?

Most of the top management consulting firms recruit MBA-holders from top business schools. Any type of MBA can help prepare you for a career as a consultant. Most business schools house consulting clubs to help students make connections. Management consultants are among the highest-paid business professionals.

Which degree is best for consulting?

Typically, people with an MBA or a master's degree in a relevant field are at an advantage. It's also beneficial to have a degree in a relevant subject area. Many consulting firms hire candidates straight out of college.

Can I get into consulting with MBA?

Careers in consulting are popular among MBA grads.

The industry is one of the top three sectors MBAs enter after they leave school, along with finance and tech, and consulting firms are often listed among the world's best companies to work for.

Top 5 MBA Specializations | Which MBA Specialization Is Best for You? | MBA | Simplilearn

Does McKinsey require an MBA?

If a non-MBA Masters candidate does not have four years in between completion of their undergraduate and graduate degrees, they would qualify for our business analyst positions. We are actively recruiting 2025 graduates, looking for full-time roles at McKinsey!

Does McKinsey only hire MBA?

It's not necessary to have an MBA to either get into management consulting or join McKinsey, BCG or Bain. There are three other routes through which candidates can join the firms.

What majors does McKinsey hire?

There is no list of degree subjects or majors that top consulting firms require candidates to have studied. However, McKinsey, BCG and Bain tend to favor Business and Economics degrees and STEM majors (i.e. Science, Technology, Engineering, Mathematics).

What degree do you need for McKinsey?

More than half our consultants have a doctorate, law, medical, or non-business master's degree. Working toward your advanced degree means you already have many of the skills and strengths you need to succeed here.

Which type of consultants make the most money?

Will BCG pay for my MBA?

BCG offers full tuition reimbursement for those planning on remaining with the company after going to business school. Keep in mind, tuition for a full-time MBA will cost you at least $60k/year, not including additional fees such as housing, books, and other expenses.

How does MBA prepare you for consulting?

An MBA helps consulting firms have confidence in your “consulting toolkit”—your problem-solving, quantitative, and analytical skills as well as your knowledge about business environments, teamwork, etc.

Is 2 years in consulting enough?

After about 2 years, you've probably developed all the transferable skills that they're after and that you went into consulting for. So employers see diminishing returns for staying in consulting longer.

What are McKinsey target schools for MBA?

Top MBA Programs on McKinsey's Target List. McKinsey's target list is constantly evolving, but some of the top MBA programs on its radar include Harvard Business School, The Wharton School at the University of Pennsylvania, INSEAD, London Business School, and Columbia Business School.

How many MBAS go into consulting?

Beyond the larger MBA programs that place over 145 graduates in consulting firm jobs each year, there are a number of smaller sized MBA programs that send a lot of graduates into consulting jobs. Ross sends 120 MBA graduates into management consulting firms, followed by Fuqua (104), Darden (95), and NYU Stern (93).

Where does McKinsey hire most from?

McKinsey and Boston Consulting Group typically prefer to hire from the top universities in the world, such as Harvard, Stanford, MIT, Yale, Princeton, and the University of Pennsylvania.

Can I join McKinsey at 35?

It is not too old, I personally know a consultant that joined when he was ~40. In most countries you can protect/avoid to disclose your personal information during the recruitment process, and this should guarantee equal opportunities across ages. Joining at 35+ has a few implications.

Does McKinsey only hire Ivy?

While McKinsey and the other top firms are heavily represented by graduates of Ivy League universities (and their international counterparts), it is not staffed exclusively this way. The story that follows is very instructive for anyone applying from a non-target school.

Do consulting firms only hire mbas?

The best known way to break into consulting is through an undergraduate or MBA degree. However, that is by no means the only path. These days, consulting firms are much more amenable to hiring candidates from outside these two traditional paths.

What is the lowest position at McKinsey?

Does McKinsey pay a lot?

McKinsey's salary for entry-level consultants in the United States likely ranges from $100,000 to $140,000 per year, while the figure for MBA-level/experienced Associates can be over $200,000.

What are the odds of getting hired at McKinsey?

The odds of getting hired by McKinsey & Company are less than 1%. Deemed one of the "Big Three" consulting firms, a job at McKinsey is more than coveted.

How much does McKinsey pay MBA graduates?

McKinsey & Company and Bain & Company, which offer the highest overall compensation packages among the Big Three, each offer base salaries of around $192,000 per annum. Bain also offers performance bonuses of up to $63,000 to MBA graduates, while at McKinsey the figure is $40,000.

How to get into McKinsey from MBA?

MBA graduates typically join us as associates, working either as generalists or practice consultants, depending on their preference and interests. MBA candidates in-between their first and second year may apply for an associate intern position—this is usually a 10-week internship during the summer.

Do I need an MBA to work at Deloitte?

Finance jobs at Deloitte

Candidates seeking these roles will need an advanced degree in accounting or finance, or an MBA in finance or financial analysis.