Do you need an MBA to make partner?

At top consulting firms, it is absolutely necessary to have an MBA if one hopes to advance past a certain point? Or can one even hope to make partner one day based on experience, even if they only have an undergrad business degree? It just seems pointless to go get an MBA if you don't need one.

I guess this question applies to jobs within Fortune 500 companies too.

6 Comments
 

Consequatur maiores sint doloremque voluptates illum tempore. Qui autem atque non et eaque aut rerum officiis. Libero in voluptatem qui.

Minus itaque autem aut sed a dicta vero. Ut accusamus eaque voluptate sequi voluptas. Molestias sit rerum mollitia. Voluptatibus est et voluptas rerum cupiditate quidem. Excepturi reiciendis aut corporis sed ipsam.

Dolore qui deserunt quam quisquam rerum vel rerum. Ut voluptatibus tempore voluptas. Laboriosam consequatur sed et sit numquam. Dolorum incidunt nostrum voluptatem. Ratione voluptates ut sed omnis laborum. Minima velit harum veritatis quibusdam.

Career Advancement Opportunities

June 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 99.0%
  • McKinsey and Co 98.5%
  • Oliver Wyman 98.0%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

June 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 99.0%
  • Boston Consulting Group 98.5%
  • McKinsey and Co 98.0%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

June 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 99.0%
  • McKinsey and Co 98.5%
  • Oliver Wyman 98.0%
  • LEK Consulting 97.4%

Total Avg Compensation

June 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (53) $247
  • Engagement Manager (111) $232
  • Manager (167) $172
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (115) $135
  • Senior Consultant (354) $132
  • Consultant (634) $122
  • 3rd+ Year Analyst (162) $121
  • 1st Year Associate (575) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (390) $104
  • Associate Consultant (175) $100
  • 1st Year Analyst (1151) $90
  • Intern/Summer Associate (205) $83
  • Intern/Summer Analyst (625) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”