Is it hard to get a management consulting job?

Consulting is the most popular career path for MBA students, and consulting jobs are extremely competitive. This means there are a lot of very hard-working people competing to get some very prestigious jobs. The biggest problem is that most candidates are working very hard to get a job they know almost nothing about.

Why is consulting so hard to get into?

Above all there are just not many roles at top consultancies. The reason for this is simple. On a single consultancy project, the “hard yards” that the analysts do not take that much time. If you compare this to a law firm or an investment bank, their basic cases or M&A projects require huge number of staff hours.

How hard is it to get a McKinsey job?

McKinsey reportedly receives more than a million applications per year and hires less than 1\% of them. The Top 3 consulting firms are among the ten most selective employers in the world and it is notoriously difficult to receive a job offer.

Is management consulting a prestigious career?

To a certain extent this is true – the sector continues to be ranked as one the best places to enter as a UK graduate, while some of the world’s most well-known consulting firms are regarded as some of the most prestigious workplaces of the globe.

How many hours do management consultants work?

As a result, most management consultants have to work between 50 to 80 hours in a week to satisfy the job, thereby giving consulting a reputation for its challenging work-life balance. Across the globe there are several studies that have confirmed the long working hours for consultants over the years.

Does McKinsey check your GPA?

Firms like McKinsey, BCG, et al use GPA as a filter when they sort through resumes. They use it as a filter because it is: universally available (everyone has a GPA)

Is a 3.7 GPA consulting good?

The top three consulting firms, McKinsey, BCG, and Bain, have the highest GPA cut-offs. Generally speaking: A strong GPA is > 3.7 on a 4.0 scale.

How hard is it to get a consulting job?

For example, McKinsey (one of the Big 3 consulting firms) only accepts around 1\% of the candidates who apply, which is a lower acceptance rate than Harvard’s prestigious MBA programme. The good news is, that with the right preparation, getting a consulting job is actually pretty straightforward.

Is an MBA worth it for a career in consulting?

Year after year, swathes of ambitious, hungry MBA graduates enter the ranks of the Big Three consulting firms, keen for career success and the salaries consulting firms pay their incoming hires. For those just starting out on their MBA journey, the world of consulting can seem daunting.

Do consulting firms recruit at other schools?

There are other schools where consulting firms recruit. However, if you’re targeting a job at one of the leading consulting firms, and you are not enrolled at a target school, then the path will probably be more difficult for you. But don’t worry, in the next section, we’ll cover some tips for networking your way into a consulting interview.

What are the Big Three consulting firms?

It’s hard to look past Bain, BCG, and McKinsey when it comes to consulting. Year after year, swathes of ambitious, hungry MBA graduates enter the ranks of the Big Three consulting firms, keen for career success and the salaries consulting firms pay their incoming hires.