How is management consulting as a career?

Management consulting can be an extremely rewarding career, in terms of both job satisfaction and remuneration. The steep learning curve of life as a junior consultant means you’ll be working with senior clients and given a high level of responsibility early on in your career.

Do you need a masters for consulting?

Consultants must typically earn a bachelor’s degree in order to be competitive in the field. However, some employers prefer to hire those who have earned their master’s degree, specifically the MBA.

Is management consulting a good career for MBA students?

Many MBA students consider management consulting as their next big step after graduation. They are deeply impressed and extremely excited by the high-profile, high-paying careers that most consultants build. They quickly make up their mind when recruiting firms arrive at their top b-schools and make an attractive sales pitch.

Is joining an operations consulting firm a good idea?

Joining a law school or another master’s or PhD program is also a great idea. It is said that an operations consulting firm is a hybrid between management consulting and more typical consulting companies. Consultants tend to be around for longer here than in other areas of the consulting business.

Why do so many management consultants quit?

There are also other reasons such as not being able to choose projects or teams (see our post – The dark side of management consulting ). The nature of the job and competition tell heavily on some consultants and some of them just quit. Burn-out is a serious problem for management consultants.

How to become a successful ex-consultant?

Another good option is to join a top ranking business school. A couple of years in consulting could make one an ideal candidate for an MBA. Apart from gaining from the MBA experience, ex-consultants can also use the time to figure out their next career move and get away from consulting stress for some time.