If you’re interested in consulting post-MBA, understanding how consulting firms view your MBA program is always a good place to start when setting up your recruiting strategy. Consulting companies primarily limit their feeder schools based on cost, as it would be very expensive to comprehensively recruit at every business school.
Another reason feeder schools are limited is experience – consulting firms form relationships with schools and become comfortable with the crop of MBA talent that certain programs provide, giving them no reason to focus on other schools for recruiting. If you are an MBA candidate at such a feeder program, life is good! If you are not, you will have to do a bit more legwork, but you still will have other opportunities for success. Let’s discuss how to distinguish consulting feeders from other MBA programs:
First, you will want to look at the employment report of your program. This report is a treasure trove of information for students when setting up their recruiting strategies. Within this report, you’ll want to review the overall numbers of students going into consulting – this is a good measure of how robust the consulting ecosystem at your school is. The higher the numbers, the more clearly the program is positioned as a feeder.
Next, look at which companies are recruiting at your school. When most candidates think of feeder programs, they think of programs that can get them jobs at MBB (otherwise known as “The Big Three” – the three largest consulting firms in the world). Management consulting is not just limited to McKinsey, Bain, and BCG however, so the depth and the diversity of firms recruiting at a particular school is important, especially for non-feeder programs. However, if you are expressly targeting MBB, it is important to identify whether or not these firms recruit at your program and in what numbers. This information will be useful as you seek to shape your recruiting strategy.
Finally, connect with your career center or consulting club to find out which consulting firms recruit on-campus. This is an important nuance of the consulting recruiting process, as firms that recruit on-campus tend to be more accessible and provide more of an egalitarian opportunity to interview slots for interested students. Firms that consider your program a feeder school will generally be a part of on-campus recruiting, however in some instances, top firms, such as McKinsey, will choose to recruit off-campus to better control the process (even if they consider your program a feeder school). Your program’s career center will have a better idea of where you can find these recruiting opportunities from such companies.
Consulting is one of the most competitive industries to break into, so understanding the relative position of your program in the industry and what this means for your ability to land a post-MBA job offer is key. Utilize this information to best set up an actionable strategy during recruiting season.
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Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You can read more articles by him here.