How do I become a management consultant after undergraduate?

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How do I become a management consultant after undergraduate?

HOW TO BREAK INTO CONSULTING

  1. Acquire the necessary skills and knowledge.
  2. Prepare a good cover letter and a strong resume.
  3. Acquaint yourself with the professional consulting job-hunting process and interviews.
  4. Find a good mentor in the consulting industry.
  5. Become a member of a consulting club.

Who are the big four consulting companies?

The “Big Four” is the nickname used to refer to the four largest accounting firms in the United States, as measured by revenue. They are Deloitte, Ernst & Young (EY), PricewaterhouseCoopers (PwC), and Klynveld Peat Marwick Goerdeler (KPMG).

How do I get into strategic consulting?

Tips to break into the consulting industry without an MBA or business strategy experience

  1. Step 1: Find out as much as you can about the industry, be it through reading or speaking to people.
  2. Step 2: Understand why you want it and why you’re an appropriate candidate for the job.
  3. Step 3: Prepare.
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How do I become a strategy consultant?

Strategy consultants often start out by working in a particular industry, for example, consulting for insurance firms after a career in insurance. Alternatively, you can obtain a bachelor’s degree in business management or related fields. Acquiring an advanced degree like an MBA is an advantage.

Which consulting firm is better BCG or McKinsey?

McKinsey’s education and technology practices are much stronger than those of BCG or Bain. But in private equity, Bain offers more. MBB have strong resources and expertise in specific areas, and candidates with different backgrounds usually have a better chance at one of them over the other consulting firms.

How competitive is a summer internship at McKinsey BCG and Bain?

A summer internship at McKinsey, BCG, and Bain is a very competitive process. These firms typically give offers to only 1–2\% of resumes that are submitted.

What are the Big 4 firms in management consulting?

The Big 4 firms in management consulting are Deloitte Touche Tohmatsu (Deloitte), KPMG International (KPMG), PricewaterhouseCoopers (PwC), and Ernst & Young (EY). As of 2020, they are the four largest consulting firms in terms of revenue. The term “Big 4”, however, comes from the accounting industry where these four firms dominate the market.

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What is the difference between MBB and Big 4 firms?

T he Big 4 firms are much larger than MBB, in terms of revenue and employee number. As of 2019, the four largest consulting firms in terms of revenue are the consulting branches of the Big 4 firms. They surpass the more prestigious MBB firms (McKinsey, BCG.