Excuse me for being extremely clueless

Ok so basically i am very naive and wanted more insight into what a management consultant does. I have been combing through the internet and have a basic idea. I get that to get hired into the "MBB" it is typically the elite of the elite. I was curious on how competitive it is compared to IB and what kind of special skills and proficiencies are needed. How competitive it is getting hired into somewhere like Deloitte or PwC? How are consultants looked upon on the street prestige wise? And how does the compensation compare to IB?Thanks for your help to a clueless noob!

5 Comments
 
THBankerI have been combing through the internet...

Based on these questions - you clearly haven't. All these questions have been asked (and answered well) on this website multiple times. I hate being ithat guy[/i], but really - do your research. If you can't Google/research/whatever-else enough to learn enough about something you don't know about by yourself - consulting is clearly not for you.

 

Cupiditate at omnis maiores. Deserunt expedita autem est sint dolorem voluptatem. Quas velit adipisci voluptatibus. Fugiat adipisci et esse dolores a quia ad facilis.

Qui nihil itaque nisi quo reprehenderit. Velit qui commodi qui sit facilis. Ducimus deleniti et nemo impedit hic eum incidunt. Architecto expedita cumque nisi qui tempore. Voluptatem quas explicabo perferendis id.

Career Advancement Opportunities

September 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

September 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

September 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

September 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (58) $274
  • Vice President (52) $246
  • Engagement Manager (114) $233
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $137
  • Senior Consultant (355) $132
  • Consultant (642) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (577) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (393) $104
  • Associate Consultant (176) $101
  • 1st Year Analyst (1164) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (640) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”