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In the wake of cut-throat competition, businesses increasingly seek expert advice to navigate complex challenges. They require professionals with strong critical thinking and analytical skills to assess the situation at hand and propose innovative solutions for the same. This is where business consultants come into play, providing data-driven insights and their expertise in varied areas. They acquire analytical abilities and critical thinking skills from professional courses such as MBA. Even the top consulting firms in the world are on the lookout for MBA talent to fill their consulting requirements for some of the best business firms globally. This blog takes a closer look at the best consulting firms for MBA graduates worldwide.
10 best consulting firms for MBA graduates
As discussed earlier, several consulting firms, both in India and overseas, are keen on hiring MBA graduates. This is because of the industry-desirable skills that they possess – critical thinking and analysis, innovation, creativity, and strategic decision-making. Given below is a list of the 10 best consulting firms for MBA graduates globally:
- PricewaterhouseCoopers (PwC) Advisory Services
PwC’s prime focus is facilitating high-level business transformations for clients. MBA graduates considering a career in operations and corporate strategy.
- McKinsey & Company
One of the top consulting companies hiring MBA freshers and experienced applicants, McKinsey is indeed a global leader in strategy consulting. Offering top salary packages and wide exposure to varied industries and sectors, the consulting firm is renowned for offering high-impact projects, a robust alumni network, and a host of leadership development programs for employees.
- LEK Consulting
One of the best choices for MBA graduates interested in specific industry-focused consulting, LEK Consulting specializes in varied sectors – life sciences, healthcare, and private equity. The company is preferred for its strong research potential and thorough analytical abilities.
- Boston Consulting Group (BCG)
If you’re looking for the best consulting companies hiring MBA freshers, your search ends with BCG. With a strong focus on promoting sustainability and digital transformation, the company strives for problem-solving and innovation, placing it among the top consulting firms in the world.
- Oliver Wyman
MBA graduates are sure to find ample opportunities with this consultancy to work on significant data-driven, high-impact projects. Oliver Wyman Consulting is renowned for its services in risk management, financial services, and economic consulting.
- Bain & Company
Yet another of the brilliant consulting companies hiring MBA freshers, Bain enables MBA graduates to avail early leadership opportunities, facilitating career advancement scope. With its top-quality training programs, the consulting company is a strong preference among several MBA graduates.
- Accenture Strategy
Offering plenty of rewarding MBA consulting job opportunities, Accenture is often a top choice among several course graduates. The company is renowned in the tech industry for its expertise in AI, digital transformation, and cloud-based solutions.
- Deloitte Consulting
Deloitte is considered one of the global leaders in technology consulting. MBA graduates stand a chance to gain numerous MBA consulting job opportunities as well as wide exposure in industries ranging from healthcare to finance.
- KPMG Advisory
The consulting firm is an excellent choice for MBA graduates with a keen interest in regulatory advisory services and financial consulting opportunities. The primary focus of KPMG lies in risk management, strategy formulation, and technological transformation of businesses.
- EY-Parthenon
One of the best MBA consulting job opportunities can be availed at this consulting firm, which specializes in offering graduates scope for entry into due diligence, mergers and acquisitions, and private equity consulting. Graduates can work in varied sectors like healthcare, education, and finance.
Types of consulting firms that hire MBA graduates
We looked at some of the top recruiters for MBA in consulting firms in the above section. Let us now take a look at the types of consulting firms that hire MBA graduates:
- IT & Technology Consulting Firms: These include companies working on the implementation of software, cloud computing, digital transformation, cybersecurity, and AI.
- Strategy Consulting Firms: They are focused on market entry, competitive analysis, high-level business strategy, and growth strategy. Some of the top recruiters for MBA in consulting at these firms include BCG, PwC, McKinsey, and Bain.
- Management Consulting Firms: Their overall focus lies on restructuring, organizational transformation, overall business operations, and improvement of organizational performance.
How to get hired by a Consulting firm?
The above sections detail the types of firms and the names of some top recruiters for MBA in consulting who are eager to hire the right talent in the industry. Here is now a step-by-step guide to landing high-paying consulting jobs after MBA:
- Earn the right academic credentials
This is one of the key steps to building a career path in consulting. Make sure to enroll in an MBA program from a reputed business school with a high GPA since a strong GPA score improves your chances of being shortlisted.
- Build the right skillset
This is yet another crucial step to obtaining high-paying consulting jobs after MBA. The course itself helps develop industry-relevant skills in students. These include effective communication, storytelling, leadership, analytical ability, problem-solving, critical thinking, and the like.
- Gain relevant work experience
Once you have the right academic qualifications and skills required for consulting, the next logical step is to move forward to earn some relevant professional experience in the field. This is also the first step before you can expect to land high-paying consulting jobs after MBA. Jobs with higher pay packages are likely to follow once you have gained some relevant experience working in smaller roles to get hands-on practical training in the area.
Conclusion
Consulting is a crucial skill in high demand today in varied industries. Complex business challenges faced by corporations are creating a dire need for professionals with the desired expertise to help companies navigate these challenges. They are constantly on the lookout for top MBA talent. Sikkim Manipal University offers an online dual-specialization MBA to aspiring students. Offered on the Online Manipal platform, the course is designed to enable graduates to obtain rewarding jobs in consulting and other relevant industries with ease.
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