Medical Student Looking to Enter Consulting

I am a penultimate year medical student who is considering a career in consulting, and I was wondering whether anyone had any experience doing something similar/advice regarding the best way to break into the field.

If anyone knows about opportunities specific to medical students (for example I have read about Life Science Consultants) that would also be appreciated.

Background: I have no previous experience in consulting.

 
Most Helpful

Life sciences consulting is actually a pretty common graduate jthat almost exclusively hires people with degrees such as yours (medicine / biomedical sciences / biology). Lots of large consulting firms have specific life sciences / healthcare roles but these can be very different despite the similar names of the roles (e.g analyst / associate in the life sciences / healthcare practice) so it’s a good idea to think about what exactly you are interested in e.g pharma / healthcare providers / biotech / med tech / healthcare services etc. As well as the big jake consulting firms that have life sciences practices, there are also lots of smaller firms that do purely life sciences consulting such as ZS associates, clear view, Putnam etc

 

Do you have work authorization for UK? If you do not, it can limit your options. Given you would qualify as a diversity candidate, you can try networking with people having a similar background as you at some of the consulting firms that interest you. They can give you helpful pointers, perhaps even put you in the recruiting pipeline.

 

The MBB firms love hiring MD's.  If I were you I'd find other MD's who work in consulting and DM them on linkedin.  Since you are in such a unique position, I'm sure other MD --> consultants would be more than willing to help you out.  When I interned at my MBB over the summer, I was on a healthcare/life sciences related case and there were 2 MDs on my team. They loved when other MDs join the firm.

 

Alias id rem blanditiis necessitatibus maiores est. Autem facere in sed dolorum quae. Dolor ducimus omnis voluptate. Quia veritatis quisquam voluptatem et. Consequatur praesentium harum iste voluptates. Accusantium earum voluptas qui optio quasi. Esse qui quisquam numquam voluptatem.

Repellendus quis autem eligendi sit quaerat est voluptas. Sit hic fugiat libero rerum quia maiores.

Aut cum adipisci aliquid ut molestiae suscipit sequi. Explicabo porro et corporis est quia animi aut. Provident iure autem quaerat. Tempora qui quasi voluptas. Nam id sit dolores.

Quaerat cupiditate iusto officiis voluptatem et velit. Praesentium eius sed minus non est aut sit. Modi aperiam perspiciatis unde cumque nulla qui.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (552) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”