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What should I study to get into management consulting?
No specific academic requirements exist for management consultants, but nearly all employers require at least a college degree in a related field. Employers generally prefer candidates who majored in one of the following areas: business, economics, statistics, mathematics, computer science, and logic.
How do I prepare myself for a career in consulting?
Pre-consulting job preparations (4 months till BCG)
- Daily Reading. The Economist, The Financial Times, BCG/Mskinsey Insights.
- Industry deep-dives. Learn, in-depth, how the industries/companies your office advises, work. (
- Analytics tools.
- Excel.
- Powerpoint.
- Presentation skills / sharp communication.
How many years does it take to be a management consultant?
How long does it take to become a management consultant? Most management consultants possess a four-year bachelor’s degree and at least five years of professional experience. Consultants with two-year MBAs may need less experience, but the overall time investment remains about the same.
How do I start preparing for McKinsey?
When you start at McKinsey there are 2 ways to learn: Formal training. The formal training sessions/ weeks/ days in the beginning, are nice, however, they are more for networking and meeting your peers. You learn some interesting concepts and get some useful tips from more experienced consultants BUT.
Is consulting a good first job?
Given that it’s impossible to know what you’ll want to do in 10 or 20 years, management consulting is a smart choice for a first job. And most important, earn a strong reputation at your consulting firm so that you can count on excellent references in the future.
What qualities does McKinsey look for?
No matter where you come from, McKinsey looks for the same qualities in all its candidates. It boils down to three qualities, Brian explains. They look for problem solving, the ability to work well in teams, and the ability to develop strong relationships.
What skills do you need to become a management consultant?
To reiterate, management consulting work typically requires extensive travel, lots of time with clients and—even still—lots of additional time processing and analyzing work even when you aren’t with clients. In addition to specialized expertise, you will also need many of the following skills, and these will vary depending on the consulting level.
What are the best types of degree subjects for consulting?
Overall, the best types of degree subjects are those that challenge you, demonstrate your academic abilities, and provide opportunities to demonstrate skills relevant to consulting, such as analysis, problem-solving and teamwork.
Do you need a college degree to start a consulting business?
There are entrepreneurs who have started consulting businesses without a college degree as well. The college degree requirement, however, is more of a factor with traditional consulting organizations where the official work is that of a specialized management consultant or strategy consultant.
What are the different levels of management consulting?
The first consulting level is entry level, and it’s typically a business analyst or associate consultant role and usually requires an undergraduate degree with very little (if any) experience. The second level tends to be known as the actual management consultant level.