Management consultants can help businesses in a variety of ways, including boosting performance, improving processes and increasing revenue.
Viewing entries tagged
MBA
If you want to maximize your earnings in the first job in financial services, the ideal course of action is clear. After attending a top university for your bachelor’s degree, you spend a few years working in your chosen area of focus (eg. Directly in medicine/pharma/FMCG or in a consulting team with an industry specialism).
McKinsey, Bain & Company, and the Boston Consulting Group (BCG), commonly referred to as the MBB, hire hundreds of MBA graduates every year. They’re also among the best companies to work for after your MBA.
For many MBA graduates, management consulting is the ideal end goal, with a career in consulting offering sky-high salaries and the opportunity to combine everything learned on an MBA to lead projects across an array of sectors and functions.
If you’re considering a career in management consulting, you’ve no doubt wondered how much you can expect to earn.
Of the big three MBB firms, McKinsey & Co. has the smallest target list of favored business schools. Both the Boston Consulting Group and Bain & Co. have more expansive lists, with BCG having 28 MBA programs with favored status while Bain boasts 40 different programs. In any case, the lists vary greatly in the choice of business schools.
McKinsey is one of the most sought-after consulting firms for MBAs to work for.
And the firm is highly selective of who they let in. In 2018, McKinsey hired just 8,000 people out of 800,000 applicants. In an article for Business Insider, reporter Weng Cheong explores the hiring policy at McKinsey and how it’s revolutionized the industry as a whole.
EY, in association with Hult International Business School, today announces the first-ever fully accredited virtual corporate Master of Business Administration (MBA). In line with the inclusive culture at EY, it will be available free of charge to all 284,000 EY people in more than 150 countries.
If you're graduating from a bachelor's degree or MBA program this summer, how secure is your full-time job offer? There are unconfirmed claims that some consulting firms are having second thoughts about offers already extended.
A management consultant’s day job is to help other companies transform their business. But as senior partners from many of the big consultancies gathered in the Swiss town of Davos last week to schmooze some clients and spot some trends, one thing was clear: they’re now having to practise what they preach.
Each year, around 185,000 MBA students graduate in the U.S. alone. A significant portion of these students spend more than 100 hours each preparing for so-called case interviews — the favored evaluation method of elite consulting firms such as McKinsey, in which candidates are presented with a business problem and asked to talk through how they would solve the problem.
Tech and consulting firms will continue to be the biggest employers of MBAs in 2020, as companies like McKinsey and Amazon ramp up their hiring of business school grads.