Which is more important to consulting firms?

harri
Wed, 22 Jun 2005 01:38:40 +0000

Salaries will depend on the firm you work for. My best estimate of salary ranges is:

Associate/Assistant: 50-65K Base + Bonus that can be up to 10K (bonus is not guaranteed with some companies)

Consultant (with an MBA): 100-130K + Bonus that can be up to 30K

The pay looks pretty nice, but conulting usually requires many hours of work per week, more so than normal corporate jobs.

Management consulting firms don’t give preference to any majors. The top firms recruit heavily from schools that don’t offer business majors. This means that you can definitely major in global studies, but the catch is that you need to attend a top school in order to come in contact with recruiters. And of course, landing a summer internship at a consulting firm can be a huge boost in getting hired.

After looking more into consulting, you’ll notice that the top firms are extremely selective due to the small group of schools they recruit from and also because of their thorough and challenging interview process.