Why is management consulting prestigious?

TL; DR – Management consulting is prestigious because it attracts the top talent from myriad of backgrounds and it has a huge successful alumni base spread far and wide.

Is management consulting a prestigious job?

Management Consulting is generally considered prestigious (Lets define “Prestigious” as what MBA schools like the most).

Why is McKinsey so prestigious?

Within MBB firms, McKinsey is the most prestigious and well-known, both inside and outside the industry. This is the result of their early and continuing success in maintaining extremely high standards in recruitment and project deliverables.

What is unique about management consulting?

Management consulting is known for its output-driven culture. In management consulting the output you deliver is more important than face time. You usually have the flexibility to work remotely when needed as long as the work gets done.

Is AT Kearney prestigious?

A.T. Kearney and Bain are two of the top consulting firms in the world. They are elite organizations that offer employees a blend of prestige, high compensation, and exciting opportunities. So, it should be no surprise that they are highly sought-after employers for MBA graduates.

Is Deloitte consulting prestigious?

In Vault’s 2021 ranking of the 50 most prestigious consulting firms, Deloitte was fourth—a spot Big D has held down since 2015—which once again leads the Big 4. Here are the top 11 most prestigious consulting firms, which includes representation from all of the Big 4: McKinsey & Co. Boston Consulting Group.

Does Goldman Sachs do consulting?

We work with investment consultants to address their clients’ specific objectives and tailor solutions consistent with their strategic recommendations. We share market views and leverage resources across GSAM and the broader firm to help investment consultants navigate financial markets.

What does management consulting do?

Management consultants provide industry counsel, advice and functional expertise in specialized areas such as strategy, mergers, governance, reorganizations, organization design, strategic leadership, operations, finance, risk management, digital transformation, information technology, organizational change management.

How would you explain what a management consulting firm does?

What does a management consultant do? Management consultants are hired by decision makers for advice on, among others, strategy and organisational matters. They can be asked to develop a new strategic plan to realise more growth, for instance, or commissioned to advise on innovation or cost reduction strategies.

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