<p>I know the recruitment for IB is excellent at IU due to IBW. </p>
<p>However, what about for mangement consulting? More specifically at MBB?</p>
<p>Go to this site:</p>
<p><a href=“https://ucso.indiana.edu/cgi-bin/brochures/academic.cfm[/url]”>https://ucso.indiana.edu/cgi-bin/brochures/academic.cfm</a></p>
<p>and then click on the “Business Economics and Public Policy” button and you’ll see that undergraduates going into Consulting made $53,111 per year plus a $6,000 signing bonus (on average) last year.</p>
<p>Go to this site:</p>
<p><a href=“https://gcs.indiana.edu/gcs/employmentStats/index.cfm[/url]”>https://gcs.indiana.edu/gcs/employmentStats/index.cfm</a></p>
<p>to get info on graduate student employment statistics, where if you click on MBA-compensation by function, you’ll see that the average Indiana MBA received $99,625 per year plus a signing bonus of $20,000 and $12,250 in other compensation (on average) if they went into Consulting last year.</p>
<p>As far as who they went to work for, I don’t believe that statistic is available.</p>
<p>mckinsey took 2 undergraduates this year. one student gave a presentation for our x220 class. both students majored in Business Economics & Public Policy w/ a focus in Economic Consulting. If your aim is consulting you should definitely consider this major.</p>
<p>[Department</a> of Business Economics and Public Policy](<a href=“Business Economics & Public Policy | Business Economics & Public Policy | Indiana Kelley”>Business Economics & Public Policy | Business Economics & Public Policy | Indiana Kelley)</p>
<p>as far as bcg and bain. i know bain took a few students. compared to ib, consulting recruitment is weak. especially if your looking at MBB. kelley does place well in firms in the Chicago area. Like AT Kearney, and Huron Consulting Group. </p>
<p>They also have a consulting workshop similar to the investment banking workshop that focuses on developing skills for the industry. Deloitte recruits quite a bit for consulting @ IU too. All the Big 4 have a consulting division so I’m pretty sure some graduates end up in their consulting divisions.</p>
<p>[Kelley</a> Consulting Workshop | Kelley Consulting Institute | Kelley School of Business: Indiana University Bloomington](<a href=“http://www.kelley.iu.edu/kci/workshop/index.cfm]Kelley”>http://www.kelley.iu.edu/kci/workshop/index.cfm)</p>
<p>kelley is a hidden gem thats gaining prestige quickly. in a few years we’ll be on the recruiting list for MBB.</p>
<p>I figured rather than starting a new topic, I would just bring this one back:</p>
<p>I am just curious, if I am interested in management consulting and look to get into the Consulting workshop, do I have to have a major in Economic Consulting?</p>
<p>Right now I am looking to major in Finance, Information & Process Mgmt, and Accounting. Looking at the Economic Consulting curriculum, my dad (used to be a strategy consultant) told me that it is essentially a softcore major that doesn’t apply much to consulting really and that I would be better off taking a 3rd major in accounting since I only need to add a few more credits. Is the Economic Consulting curriculum actually applicable to consulting (strategy/management) or am I better off studying accounting?</p>
<p>I don’t believe you have to be in the Business Policy and Economic Consulting undergraduate major to go into the Kelley Consulting Workshop as an undergraduate–I believe any business major is welcome.</p>
<p>Also, I agree with your father. IU’s MBA program has the “hard skills” Management Consulting major, whereas I think the “Economic Consulting” major at the undergraduate level is very focused on banking and not so much on private business firms. (My own son considered transferring to USC for this reason–because there they do offer a Management Consulting major for undergraduates–and because he was not aware then–as we are now–that undergraduates are welcome into the Kelley Consulting Workshop programs).</p>
<p>However, unless you live in California like we do, it may be best to go with the Accounting as your third major (as your father suggests), and not go to the extreme of transferring schools to get into a “hard skills” Management Consulting program. Even USC requires only four courses in this area, so the skills you would learn there are probably the type of thing the workshop program at IU-B will cover.</p>
<p>Actually, I am sort of considering Investment Banking (even with the current economy, it still looks like a fascinating field), so when you refer to the major’s focus on banking at the undergraduate level, are you referring to the investment portion, or do you mean more along the lines of stuff like fiscal policy, interest rates, essentially macroeconomics?</p>
<p>More along the lines of fiscal policy, macroeconomics, monetary policy, etc.</p>
<p>The investment banking courses are all in the finance area.</p>