Management Consulting at Top MBA Programs

MBA In Sight: Focus on Management Consulting - Click here to download your copy!Entrepreneurship is the sexy post-MBA job, but the reality is that less than 5% of grads from top MBA programs start a business at graduation. Per GMAC’s just released Prospective Students Survey Report, 34% of all graduate business students seek consulting positions after they earn their degree. My suspicion is that the figure is even higher among full-time MBA candidates. True, many will work as consultants for a few years, and then down the road start their own business.

If you are in that vast mass of MBA wannabes planning/hoping for a job in consulting immediately after you earn your degree, this ranking is for you! We’ve examined US News’ top MBA programs and the number of grads who have gone into consulting from each one. (The data here is from U.S. News.)

Ranked by Percentage of Grads Going into Consulting

School Full-Time Graduates # Reporting Consulting Jobs % of Grads
Yale 230 69 30%
Kellogg 627 180 29%
Duke 434 124 29%
Michigan Ross 512 140 27%
MIT Sloan 390 105 27%
CMU Tepper 208 55 26%
Chicago Booth 579 146 25%
Emory 123 31 25%
Dartmouth 266 66 25%
Wharton 800 191 24%
UVA Darden 312 74 24%
Georgetown 248 55 22%
NYU Stern 375 83 22%
USC Marshall 210 45 21%
Texas McCombs 271 56 21%
Harvard 905 175 19%
Notre Dame Mendoza 129 22 17%
UNC Kenan-Flagler 283 48 17%
Cornell 282 47 17%
UC Berkeley Haas 241 40 17%
Indiana Kelley 216 35 16%
Columbia Business School 730 107 15%
Stanford 391 49 13%
UCLA Anderson 369 41 11%

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Ranked by Number of Grads Going into Consulting

School Full-Time Graduates # Reporting Consulting Jobs % of Grads
Wharton 800 191 24%
Kellogg 627 180 29%
Harvard 905 175 19%
Chicago Booth 579 146 25%
Michigan Ross 512 140 27%
Duke 434 124 29%
Columbia Business School 730 107 15%
MIT Sloan 390 105 27%
NYU Stern 375 83 22%
UVA Darden 312 74 24%
Yale 230 69 30%
Dartmouth 266 66 25%
Texas McCombs 271 56 21%
CMU Tepper 208 55 26%
Georgetown 248 55 22%
Stanford 391 49 13%
UNC Kenan-Flagler 283 48 17%
Cornell 282 47 17%
USC Marshall 210 45 21%
UCLA Anderson 369 41 11%
UC Berkeley Haas 241 40 17%
Indiana Kelley 216 35 16%
Emory 123 31 25%
Notre Dame Mendoza 129 22 17%

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Certainly a high ranking in either of these lists indicates that the program has the recruiting ties, placement track record, and alumni network, as well as the curriculum, to support your consulting goals.  This solid indication implies these schools deserve further research about the appropriateness of a given school for you. However, it doesn’t tell the full picture. Dig into the schools’ class profile, placement stats, curriculum, extra-curricular activities and opportunities to determine which schools to apply to.

Ultimately you want to apply to programs that will take you where you want to go and that are likely to admit you.

Join us live for "The Secret to MBA Acceptance"!

Linda Abraham By , president and founder of Accepted.com and co-author of the new, definitive book on MBA admissions, MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools.

What Are My Chances? Adopted Vietnamese-American Teach for America Alum

This blog post is one in a series of MBA applicant profile evaluations called “What are My Chances?” authored by Michelle Stockman. Michelle, who started consulting for Accepted in 2007 and worked previously in the Columbia Business School admissions office, will provide selected applicants with school recommendations as well as an evaluation of their qualifications.

If you would like Michelle to evaluate your profile at no charge and as part of this series, please provide the information requested at http://reports.accepted.com/what_are_my_chances.

Profile 3: “Cecilia” Adopted Vietnamese-American Teach for America Alum

Tips for handling a low GMAT quant score.

The question will be: “Can she hang with the quants?”

-Background: 27-year-old adopted Vietnamese-American female. Learned English at the age of 5. Participated in state-level speech competitions, attended Ivy League (think Dartmouth, Cornell) as molecular biology major.

Normally I steer applicants away from discussing their pre-college years. But in your case, full steam ahead! Almost all schools will give you a chance to tell this story, whether in the regular set of essays or the optional essay. Focus on what you learned about yourself by going through the experience. How did it inform your future career choice, and the impact you desired to have on the world around you? Also, both Dartmouth and Cornell are feeder schools (not the top feeder schools, but definitely feeder schools) to top B-school programs such as Wharton, Harvard and Stanford.

-Work Experience:
 Teach for America alumna in Philadelphia. Taught for 3 years, Biology Team Lead, had 90% passing state exam, served as mentor to incoming TFA teacher. Currently working at in charter school network in New York as a recruitment coordinator. Grew applicant pool by 30% through both travel and online networking.

TFA is a great credential, as you’ve already been through a substantial vetting process and taken on a challenging, impact-driven career move. Most business schools have some sort of application waiver, deferral program, or major tuition break for TFA applicants. Some of the best packages are offered by Yale, Darden, UT McCombs and NYU. You likely haven’t been making huge money, so seriously consider schools with a good scholarship package so your debt won’t be so burdensome. I would think you’re a dynamic and persuasive speaker as a recruiter, so you’re well on you’re way to having that “executive presence.” The question will be: “Can she hang with the quants?” when it comes to the academics at top programs.

-Short-Term Goal: Work for management consulting firm (Deloitte, McKinsey, Bain) in human resources efficiency and recruitment.

Great goal in line with your past, making sense with your future. Do yourself a favor by researching now the recruitment rates for these companies from your set of schools. Talk to current students about the interview process for internships, and how best to angle yourself for this niche.

-Long-Term Goal: Start consulting firm intent on assisting for-profit companies and academic institutions to attract talent to economically struggling US cities.

Inspiring goal. As you are focused on a large geographic swath of the US in the future, think about how the “brand” of your future institution is respected, not only in the city where you anticipate taking up residence post-MBA, but also across the nation.

-GMAT: 680, 45 Q, 38 V

Your GMAT is not a W/H/S median score, which is floating right around 730. Those don’t have to be your only dream choices though, and may not be the best fit. Even so, your quant score is a bit low. You may want to think about retaking for a better shot at your stretch schools. Also show you have significant “quant-ability” through your GPA or on-the-job demands.

-GPA: Increased GPA each semester, from 2.5 freshman year to 3.8 last two semesters.

If low scores in core humanities courses, or a failed foray into classes like Sculpting 101 brought down your GPA, I wouldn’t worry too much. But if you did poorly in quant courses, you really should retake the GMAT.

-Extracurriculars:

- Mentoring inner city dance troupe

- Started foodie society mapping out monthly “restaurant crawl” meet-ups that now boasts +200 members with healthy online following, and average attendance of 20 per event.

Very cool extracurriculars. I expect these are your most current, and you left off those from college. What’s great is that you are still currently involved, and they show a sort of entrepreneurial leadership, and joie de vivre—you know how to work hard, and play hard.

-Schools:

Stretch matches: Stanford, Yale, NYU

On-par matches: Darden, Michigan, UT McCombs, Vanderbilt

Get clear, practical guidelines for answering the MBA goals essay question. Click here to download our free report,

Michelle Stockman is a professional journalist, former Columbia Business School admissions insider, and experienced MBA admissions consultant.

What are My Chances? Multicultural LDS Goldman Sachs Operations Analyst

This blog post is part of a series of MBA profile evaluations called “What are My Chances?”  by Michelle Stockman. Michelle, who started consulting for Accepted in 2007 and worked previously in the Columbia Business School admissions office, will provide selected applicants with school recommendation as well as an assessment of their strengths and weaknesses.

If you would like Michelle to evaluate your profile at no charge and as part of this series, please provide the information requested at http://reports.accepted.com/what_are_my_chances

PROFILE 2: “Simon,” the multicultural LDS Goldman Sachs operations analyst

Download Leadership in Admissions to learn more.

Tell your story clearly and show professional leadership.

-Background: 28-year-old male. Half Japanese, half American-Caucasian. Grew up primarily in California, and lived in Japan for about 8 years.

Flag for international! Questions you’ll want to answer: did your multi-cultural heritage play a large part in shaping your identity or give you skills that you’ve used to your advantage in your career thus far?

-GMAT: 710 (47Q /40V/6.0 AWA/8 IR)

Good. Your quant is a little low. You might consider retaking, but it may not be necessary if you can show “quant-ability” from undergrad classes or current work responsibilities.

-GPA: 3.43 GPA from Brigham Young University. BA in Japanese with a minor in business (3.79 major GPA).

An OK GPA from a respected, but non-Ivy private university. It’s a bit low for some top programs. An admissions officer will definitely want to examine your transcripts in more detail to understand the difficulty of your course load. A Japanese major is nothing to sniff at, but you DO come from a Japanese background and you lived there–twice. Did you take any quant heavy courses in undergrad?

Work History: 1+ years at Goldman Sachs as an operations analyst, and will have been promoted twice by matriculation. Prior to Goldman, spent 2.5 years at an HR consulting firm/corporate milestone and recognition award manufacturer and distributor. Worked in international operations managing client and vendor relations for Asia-Pacific countries.

International reach at the consulting firm and steady progress at one of the top feeder firms to b-schools. Seems solid. BUT, I’m still left wondering what you achieved professionally. From this description, it’s hard for me to tell if you led or managed a team or what type of impact you made. Did you identify an unexploited opportunity that led to a new revenue stream, fix an inefficiency that saved time or money, or seal a deal with international clients? When did you have the chance to show executive mettle?

-Extracurricular:

-Founded a non-profit in 2011 to help increase community awareness of childhood sexual abuse. Helped several victims in need of financial assistance and counseling. Awarded the Lieutenant Governor’s Volunteer Recognition Award for work in the community.
- Mentor/instructor for Junior Achievement.
- Ambassador for the Trevor Project in my state. Regularly respond to LGBT teen’s questions regarding the struggles they face in everyday life.
- Avid marathon runner
- Served a two-year mission for the LDS church in Japan, appointed regional leader for one year overseeing 20 to 30 missionaries.

Wow. Really interesting extracurricular activities. Your mission adds to the “international” flavor of your background, but 1) it’s difficult to see impact on the greater world outside of your church from this experience, and 2) I don’t see how you have applied your intimate knowledge of Japanese culture and language to greater achievement professionally (although that could be made apparent in an essay or resume).

What does set you apart is that you have gone outside of the oft-perceived “insular” Mormon world to lend support to sexual abuse victims and the LGBT community, with recognized impact. This is especially interesting considering the tricky politics between the LDS church and the gay marriage movement. It shows sensitivity, independence, and risk. You will DEFINITELY want to write about this in your essays!

-Post MBA goals: Short-term – To transition from operations in the financial industry into an operations leadership role in the consumer products industry (Ideally a place like Nike).

Long-term – To become of the COO of a global consumer products company and use the business knowledge and experience I have gained to become an influential leader within the community especially with youth related organizations.

I like these goals as they are specific to function and industry, and make sense with your current position dealing in operations, interest in sports, and youth work. BUT, I wonder how dealing in consumer products connects to your past experience. Perhaps you can show how you led a team through numerous project cycles, and introduced innovations?

-Schools:

Stretch matches: Tuck, Haas, Kellogg, Sloan

On-par matches: Yale SOM, Darden, Ross, CMU Tepper, and Anderson

Safety: Indiana Kelley

The stretch schools are within range, but the competition will be stiff. You have to tell your story clearly and show professional leadership.

The on-par schools will meet your needs, providing you with a strong general management background and/or global perspective and preparation for a career in operations with the long-term goal of becoming a COO.

Overall, you’ve got an interesting profile that shows me you have the drive to make a difference. I’m left wondering, however, how you would manage teams and negotiate in a client-facing role. Those will be vital in leading operations at a company that drives consumer trends.







Michelle Stockman is a professional journalist, former Columbia Business School admissions insider, and experienced MBA admissions consultant.

Case Interview Secrets and More with Victor Cheng

Victor_ChengManagement consulting hopefuls, pay heed: Our latest episode of Admissions Straight Talk features the guy who passed 60 out of 61 case interviews and landed 7 consulting job offers. (Yes, I did say 60 out of 61.)

Victor Cheng, is now a strategic adviser and consultant to owners of mid-size business with $1M – $25M in sales and a speaker and expert on business issues. That’s his day job.

When he’s not working at his day job, he advises applicants to McKinsey & Company and other elite strategy consulting firms how to join those firms. And it’s in this capacity that Linda invited him to Admissions Straight Talk. Listen to the full recording to hear Victor’s insider advice and insights.

00:02:01 – Why is a podcast about admissions worrying about post-graduation careers?

00:02:30 – Meet Victor Cheng, Author of Case Interview Secrets, and former McKinsey consultant, resume screener, and interviewer.

00:03:33 – Caseinterview.com beta: Victor’s senior year of college. What a story!

00:06:06 – Linda shares a bit of her own story. ☺

00:07:04 –3 changes in how McKinsey selects candidates.

00:09:56 – If you don’t like case interviews, you probably won’t like consulting. Really.

00:12:55 – The qualities and/or skills that make for a good consultant. (What qualifies you at age 25 to advise a Fortune500 CEO at a cost of a quarter of a million dollars a year!?)

00:16:56 – IQ and EQ. Equal factors?

00:18:47 – Victor’s advice for liberal arts graduates who’d like to break into management consulting. Poets, this discussion is for you.

00:21:32 – The best of the best: Consulting firms are less focused on an applicant’s academic preparation and more concerned about a mindset and “mental horsepower.”

00:23:20 – What is the difference between the skill sets that the top consulting firms are looking for. Or is there a difference?

00:24:22 – How to project confidence without arrogance, and other great advice on self-confidence in a case interview.

00:29:46 – Check out Case Interview Secrets. Learn what to do and why to do it.

Admissions Straight Talk Subscribe to Admissions Straight Talk in iTunes to keep up with the latest in admissions news and trends! You know you want to give us a 5-star rating!

Stitcher fans, we’ve got good news! Admissions Straight Talk is now available on Stitcher! Check it our here

*Theme music is courtesy of podcastthemes.com.

Show Note Links:

• MBA In Sight: Focus on Management Consulting, Accepted’s free guide to b-schools for management consultant wannabes.
• Recent articles related to management consulting
• Case Interview Secrets by Victor Cheng
• Case Interview.com

Subscribe to Admissions Straight Talk:

• Admissions Straight Talk on iTunes
• Admissions Straight Talk on Stitcher

Coming next: A conversation with the director of the Entrepreneurship Initiative at Georgetown University






New Guide to B-Schools for Management Consultants!

Are you applying to a top MBA program with a management consulting goal? Not sure which programs offer the best support and education for individuals with your goals?

Check out Accepted’s newest special report, MBA In Sight: Focus on Management Consulting.

Click Here to Download!

This guide will highlight the career stats, courses, clubs, research centers, and study abroad options that pave the way for a career in management consulting for graduates of these elite programs.

Download MBA In Sight: Focus on Management Consulting for free right now!







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Curious about Management Consulting?

Victor Cheng, author of Case Interview SecretsFor my next Admissions Straight Talk podcast, I’m going to interview Victor Cheng.  Victor has many claims to fame, including:

  • Former McKinsey consultant, resume screener, and case interviewer.
  • Passed 60 out of 61 case interviews and landed 7 consulting job offers.
  • Author of Case Interview Secrets, an extremely clear and well-written book on excelling in case interviews.
  • Since 2003, strategic adviser and consultant to owners of mid-size business in service or web- based industries with $1M – $25M in sales.
  • Speaker and expert on business issues turned to by media outlets including TIME, The Wall Street Journal, Inc, Fortune, and others.

I plan to focus this segment of Admissions Straight Talk on preparation for a career in management consulting.  I have a bunch of questions I know I want answers to, but I am also wondering:

What would you like me to ask Victor? What would you ask him if you could?

Please put those suggestions, requests, and questions in comments below. Don’t be shy. I am asking this same question in various social media too.

I’ll take the ones I’m dying to ask along with the best ones you send me, and they will be the building blocks of the next Admissions Straight Talk podcast.

We’ll post the segment here on Thursday May 23. To make sure you don’t miss it or any other segments of Admissions Straight Talk, the podcast for graduate school applicants, please subscribe:

It can’t be easier, just put your questions in a comment below.

MBA Admissions: Where Should Joe Apply?

HBS

Where should he apply?

Next up in our blog series, Narrowing Down Your B-School Options, we’ll introduce you to Joe. Take a look at Joe’s profile and follow the steps to determine the best MBA programs for Joe to apply to.

Joe

1) Wants to go into Management Consulting at elite strat consulting firm

2) Schools to consider: HBS, Stanford, Kellogg, Tuck, Darden, Chicago, Wharton, MIT, Columbia, Haas, NYU Stern, Ross

3) Qualifications

a.    740 GMAT.

b.    3.7 GPA from Princeton. Majored in econ and graduated in 2009.

c.    Interned for boutique consulting firm in college.

d.    Captain of tennis team at Princeton.

e.    President of fraternity.

f.    Joined army and served as an officer in combat. Should be discharged this June.

4) Where should he apply? HBS, Stanford, Wharton, Kellogg, and Tuck. Will apply to Darden, Haas, and Ross R2 if not accepted anywhere R1.


















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McKinsey’s Top 10 Go-To B-Schools

Management Consulting Jobs

McKinsey Hires From Over 100 B-Schools

As one of the most coveted management consulting firms in the world, McKinsey pretty much gets their pick of MBA graduates. Businessweek recently published an article which provided the top 10 “go-to” b-schools for McKinsey. This year, McKinsey hired 387 graduates from over 100 b-schools. The following chart (taken from BW) shows the top 10 schools.

Go-To Schools for Mckinsey

1. INSEAD  21.62%
2. Tuck School  7.14%
3. Wharton School  6.78%
4. Kellogg School  6.50%
5. Booth School  5.11%
6. Columbia Business School  4.55%
7. Fuqua School  4.10%
8. Darden School  4.07%
 9. Ross School  2.85%
 10. IE Business School  2.52%

Source: Bloomberg Businessweek

Note: Not all schools provided the information regarding their top MBA employers. That’s why, as you probably noticed, elite programs like Harvard Business School, Stanford, London Business School, and NYU Stern are missing from the above list. Poets & Quants estimates that these programs sent the following number of grads to McKinsey.

School

2012 Estimated Hires

Harvard 72
London Business School 35
Stanford GSB 32
MIT Sloan 31
NYU Stern 12

 

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Current Student Interview – Anthony from Harvard Business School

Anthony Lallier

HBS graduate – Anthony Lallier

Here’s a talk with Anthony Lallier who just graduated from Harvard Business School and will start work at Bain & Company in the Paris office beginning in September. Thank you Anthony for sharing your thoughts and experiences with us!

This interview is the latest in an Accepted.com blog series featuring interviews with current MBA students, offering readers a behind-the-scenes look at top MBA programs. We hope to offer you a candid picture of student life, and what you should consider as you prepare your MBA application.

Accepted: First, can you tell us a little about yourself: Where are you from? What and where did you study as an undergraduate and when did you graduate? 

Anthony: I am a French citizen who worked and lived in 5 different countries and speaks 4 different languages. I have worked as a marketing manager for more than 4 years in a big German CPG firm called Henkel. As an undergraduate, I studied Marketing and Management at EM LYON Grande Ecole in France and completed my master degree in 2006. On a more personal note, I am an avid tennis player and love cooking for my friends recipes that I learnt from a 3-star Michelin chef.

Accepted: Why did you decide to pursue an MBA in the U.S.? Do you plan on continuing to live in the U.S.? 

Anthony: To my mind, when you already have a diploma from a great undergraduate institution in Europe, a European MBA has not enough to offer to justify the commitment and cost. When it comes to Asian MBA programs, I had the feeling that both the academic offer and the network associated were not yet at par with U.S. programs. However, this might change soon due to the recent effort top schools in this region have made. Last but not least, I have always loved the U.S. business culture focused on hands on management and passion for results. This is why getting into a top U.S. b-school was my goal. Later on, I have decided for personal reasons to move back to Europe but I am convinced that the MBA credentials will help me to land a job in any international location any time in the future.

Accepted: What were some of your favorite things about HBS? Is there anything about the program you would have changed? 

Anthony: Without a doubt the quality of the education I received at HBS is not something anyone can dispute. Professors are smart yet approachable and always there to help you out and go the extra mile if you need any specific support. Most students have very solid business experience and even if the average age is rather young, you can be sure that most students have extraordinary achievements to share from the private or corporate life. Along those lines, I must add that coming from Europe where most institutions are kind of state-owned and therefore always short of budget, I also enjoyed the quality of the infrastructure that HBS has to offer (from comfortable classrooms to an amazing gym and an excellent cafeteria). On a less serious note, while HBS is an artificial bubble with its own campus, I had great opportunities to travel around the world during my two years both for leisure and academic purposes including a trip to Haiti to support local entrepreneurs rebuild their business after the 2010 earthquake. If I was the dean I would take more into account that education and business are now fully global. HBS pretends that 35% of students are international but in my opinion this statistics is not worth much considering that many of those students are either bi-nationals (American and French for instance) or have been living in the U.S. for several years (undergraduate already in the U.S. and then career in the U.S.) before b-school. Along those lines, most seminars are focused on U.S. business issues like the U.S. competitiveness challenge. As a consequence, I don’t really see a true diversity at HBS.

Accepted: Where you involved in any clubs at HBS? How important do you think it is to supplement your education with these extracurricular activities? 

Anthony: I was co-president of the Club des Francophones and an active member of a few other clubs including the soccer club and the Wine and Cuisine Society. Most people at HBS join 4 to 6 clubs in order both to supplement their education and have fun! It is a great way to develop friendships beyond the section experience during the first year. This is especially important because you can’t choose any of your section mates by definition, therefore joining clubs allows you to casually meet people with whom you probably have a common interest. Unsurprisingly, networking at HBS is part of the daily experience and clubs as well as fun social events are a great way to extend your circle of friends.

Accepted: I see you were a summer intern at Bain & Company. What was your experience like there? And what role did Harvard play in helping you secure that position? 

Anthony: I loved it even though consulting (while it is one of the biggest job feeders) is not as popular as it used to be. I had offers at all top consulting firms but chose Bain & Company based on the personal interactions I had during the interview process. I felt that I had a better fit with the firm and my summer experience just confirmed it. To be honest, it was a tough internship with long working hours but people were passionate and willing to share and support you when needed. Consulting is a good match for people who love learning and working in project teams. HBS had a positive impact on my application for three reasons: first, the HBS credentials help you get an interview. Second, the HBS case method (while being different than consulting case interviews) helps you structure your thoughts the way consultants do. Third, HBS has very strong ties with top consulting firms through faculties, admission and the consulting club. As a result, you get to know pretty quickly what the value proposition of each firm is and you can leverage multiple resources to prepare for the case interview (case mock up interviews, workshops with experts, coffee chats with recruiters, etc.).

Accepted: What do you have lined up career-wise now that you’ve graduated? 

Anthony: Before starting for real at Bain & Company in September, I am currently working with two French HBS classmates to launch a startup in the mobile payment industry in Europe.

Accepted: Do you have any advice for some of our applicants who will be applying to HBS? 

Anthony: I read once that HBS applicants should both “Fit In & Stand Out“…I would recommend any serious applicant to focus at least 2/3 of his or her preparation on the “Stand Out” part because this is how you succeed! HBS knows pretty rapidly if you are intellectually capable but it is much harder to see through most applicants’ essays their personality but this is what truly matters. HBS is mostly looking for impact and leadership so try to frame most of your stories around those themes by showing how differently you approach issues and what would be your unique contribution to any social group you join. Good luck from Paris!

For specific advice on how to create the best application for HBS, please see Linda’s 2013 Harvard Business School MBA Essay Tips.


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MBA Admissions: Yale SOM and Management Consulting

  

This post about Yale SOM and management consulting is part of a series of interviews of top MBA programs called “MBA Career Goals and the B-Schools that Support Them.” Please subscribe to our blog to ensure that you receive all the interviews exploring the elements at each school that support career goals in finance, consulting, general management, entrepreneurship, marketing and more.

Here is the interview with the Admissions Office and Career Development Office at Yale SOM.

What kind of background and skills do you like to see in applicants expressing interest in a career in management consulting?

The backgrounds for prospective management consultants can vary widely from analyst positions at consulting companies to work experience as part of Teach for America.  The generalist model consulting companies are looking for the “best and brightest” regardless of industry background, so strong analytical skills and communication skills (for example, as demonstrated by high GMAT scores) are essential.  The interview process is extensive and is focused on “casing,” which requires candidates to demonstrate business acumen, problem framing and solution development while engaging in a collaborative discussion with the interviewer.

The generalist consulting companies do value to some degree prior experiences in consulting, finance, operations, or marketing; however those experiences are not essential.

More specialized firms expect undergraduate education and prior experiences in related fields.  For example, healthcare consulting companies consider more candidates that have scientific undergraduate degrees and have worked in the healthcare industry prior to Yale SOM and finance consulting companies consider more candidates with a related financial work experience.

What aspects of your curriculum are best suited to students who want to eventually pursue a career in management consulting?

The “core” course for the strategy curriculum is Competitive Strategy. Students can pursue an ‘emphasis’ in strategy; for those students or students interested in consulting/general management, the second “core” course of the strategy curriculum is Internal Competitive Strategy and the Internal Organization of the Firm. Students considering a career in strategy are also recommended to take Statistical Modeling. Other courses to consider include Technology Strategy, Behavioral Economics and Strategy, and Developing Winning Strategies.

Which school clubs and extra-curricular events are most relevant to people interested in management consulting?

Membership in the Consulting Club is essential for prospective consultants.  The club conducts a curriculum that is focused on case interviewing, enabling students to develop essential techniques and offering an environment for practicing case interviewing in groups and one-on-one.  Additionally, the Club holds case competitions in conjunction with prospective employers, which both sharpen skills and build professional contacts for networking.  Club leads and 2nd year members act as coaches to help students sharpen their resumes, prepare for interviews, and navigate employer opportunities.

Since “management consulting” is a very broad term, can you break down some of the some of the sub-categories in the field that Yale SOM excels in?

A wide variety of consulting firms recruit Yale SOM students, including strategic consulting firms, operational consulting, human capital, financial consulting, healthcare consulting, and innovation consulting.

Which management consulting firms recruit at Yale SOM? How many graduates of your 2010 class received offers from each of these firms?

Many consulting firms recruit at Yale SOM.  A sampling of them includes Bain, BCG, McKinsey, Deloitte, PwC, Booz Allen Hamilton, Arthur D. Little, Charles River Associates, PA Consulting, Casey, Quirk and Associates, CCS Fund Raising, Chartis Group, Frankel Group, The Hay Group, Innosight, Mars Consulting, The Parthenon Group, and Putnam Associates.  Additionally there are many firms that recruit Yale SOM graduates through other channels such as diversity programs.  Approximately 20% of our 2011 students have taken full-time positions at companies within the consulting sector.

Thanks to the Yale SOM Admissions Office and Career Development Office for granting us this interview. 

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MBA Sample Essays!