Is MBA necessary for management consultant?

Contrary to popular belief, an aspiring consultant does not need an MBA to break into this industry. Even a postgraduate degree is not a requirement, but the additional qualification tends to come handy during day-to-day operations. An MBA does not guarantee success as a consultant.

Do you need an MBA to be an associate at McKinsey?

Others are invited to stay at McKinsey and move directly into an associate role. People with MBAs or other advanced professional degrees (JD, MD, PhD, or nonbusiness master’s degree) typically join as associates. Most consultants join initially as generalists, working across a broad range of industries and functions.

Can I be a management consultant without a degree?

There is no degree required to become a consultant; and you also don’t need to be a foremost expert to launch your services. Work on identifying areas where you can solve someone else’s problems. Look at B2B services you can offer, from email marketing to on-site optimization.

Who can join McKinsey?

McKinsey is more open to hiring candidates from non-traditional business backgrounds than other top management consulting firms – around 50 percent of McKinsey consultants don’t have a graduate business degree. Logistics, HR, manufacturing and marketing are popular specialization tracks.

How do I get into management consulting?

So, you need to follow these steps if you want to break into the consulting industry.

1. Acquire the necessary skills and knowledge.
2. Prepare a good cover letter and a strong resume.
3. Acquaint yourself with the professional consulting job-hunting process and interviews.
4. Find a good mentor in the consulting industry.

What is the difference between Big 4 consulting and MBB consulting?

The Big 4 and MBB may work on similar types of consulting projects, but it will depend a lot on which office you work for, and which practice area you end up in. Historically, the Big 4 have had a bigger focus on operations and implementation, whereas MBB have focused more on pure strategy questions.

Which consulting firms are the best to work for without an MBA?

This is particularly so with BCG and Bain, as their intake is smaller than McKinsey’s. McKinsey is the most open among the three to taking in someone without an MBA, and Bain the least. A consulting aspirant with a law or medical or another advanced degree better knock on McKinsey’s doors first.

What do top consulting companies look for in MBB candidates?

According to employees of top consulting companies writing in Quora, MBB hire top performers from prestigious schools who have interest in many areas and have participated in a wide range of academic and co-curricular activities. Diverse backgrounds and rich exposure are what these companies are looking for when they try to build their teams.

How do I get into MBB as a career?

Build a network at MBB: Industry hiring among the MBB firms has become increasingly common, but the route in is still not as straight forward as doing on campus recruiting at a top undergrad or MBA program. The solution is to begin targeted networking at these firms. Use your personal connections, via school, LinkedIn, etc, to get introductions.