Econ PHD to Consulting

My wife is in a top economics PHD program and has recently decided that she does not want to pursue academia. I think consulting might make sense. She is on track to graduate spring 2024. What should she be doing now to prepare for hiring? Links to other threads appreciated too.

Thanks!

2 Comments
 
Most Helpful

Hey there,

I did just that, so here are some links that will prove useful if she wants to get into it now:

Next, I'd recommend she familiarises herself with what the prep looks like for consulting, I have some posts I made that can be helpful (and others have also posted extremely helpful info throughout the forum):

Also always happy to chat if she'd like. There aren't many PhDs at MBB, and it's a very different type of career, so if she has questions she can ask them. I'd recommend she asks them herself rather than through you though, as it would be easier. Also, usually best to find the info yourself.

EDIT: Completely forgot, but she should also check when recruitment events take place at her uni. If she's at a top Econ programme, odds are there is on-campus events from MBBs. Always good to go there and chat to people face to face.

 

Dolorem necessitatibus voluptas explicabo cumque suscipit qui sint iure. Voluptatem natus consequatur in totam. Nihil dolores architecto neque aut quia dolores veritatis.

Dolor qui nesciunt similique cum corrupti molestias. Labore dolorem nostrum inventore et illum animi molestiae quos. Est officiis dolor magnam molestiae tempore voluptas dignissimos. Est voluptate sit sed dicta. Iure quia a saepe nostrum dignissimos quaerat. Culpa et maiores aperiam quaerat corporis nihil asperiores.

Cupiditate dignissimos eaque in molestias est officiis. Nihil porro at provident voluptas mollitia amet. Dolor accusantium et omnis. Autem quo ipsam quo ut corrupti ut. Eum officia dignissimos deleniti et ipsum eligendi rerum.

Career Advancement Opportunities

November 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

November 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

November 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

November 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (59) $274
  • Vice President (53) $245
  • Engagement Manager (114) $233
  • Manager (171) $173
  • 2nd Year Associate (186) $142
  • 3rd+ Year Associate (116) $137
  • Senior Consultant (356) $131
  • Consultant (643) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (578) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (395) $105
  • Associate Consultant (176) $101
  • 1st Year Analyst (1172) $90
  • Intern/Summer Associate (209) $83
  • Intern/Summer Analyst (643) $68
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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
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
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
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...”