From Lehman to McKinsey – Is it possible?

The banking industry is going through a turmoil (WSJ Article on Lehman, Merrill and AIG) with marquee names filing for bankruptcy or being sold at fire sale prices due to the shaky credit practices and the demise of the credit based securities. Many bankers are fleeing to other industries, such as hedge funds and private … Read more

Myths about management consulting

In this post, we dispel or confirm some myths about the profession, here we go: Management consultants are useless:they tell us things that we already know in a fancy presentation Debatable, it is true that the client usually knows their business better than a consultant. Consultant brings expertise on a particular area, e.g. M&A, Marketing. … Read more

I-Banking or Management Consulting?

So, you’re coming out of [name your favorite top MBA program here] with tons of student loans and want to get a high paying job. Most of friends are either going to banking or consulting, and you’re not sure what to do. If you cannot decide between I-Banking vs. Consulting, it means you don’t know … Read more

Why consider management consulting as a career?

Top reasons to get into the profession Get great exposure: You will discover many industries, corporate environments, situations: If you start out as a generalist, your client could be anyone. They could be in variety of situations: growth, merger, cost cutting. Gain rapid business experience: Usual saying is one year in consulting is worth two … Read more