Is Economics a good major for consulting?

A lot of the people at my school who do consulting seem to be engineering majors. I am double majoring in Economics and International Relations, with a couple of minors.

Are these majors good for consulting?

5 Comments
 

You should take other prospect’s (i.e Me) opinions on such matters as recruiting with a grain of salt.

Here’s how it is from my anecdotal experience: Firms really don’t care about your major, and if they have more engineering majors is just due to the fact that they are more predisposed by their major to think logically, while a business major may not be that savvy.

If something is gonna keep you out, it’s not your major. If you are smart and put in the needed time to prepare extensively for case and FIT interviews, then it’s all up to you (Oh, and networking). I won’t bullshit you and say that hard work will 100% get you the job, luck is obviously involved, but hard work will sway the odds in your favor.

Firms are very clear at their OCR events that major is pretty much irrelevant. A local MBB had just hired a surgeon when I went to last semester’s OCR. My strongest networking contact at one of the firms is an economics major.

I don’t know how far are you in your research or preparation, but really put in the work and don’t assume your resume, wit or smarts will get you. All I took is a humbling rejection early in the process in my dream firm to get serious and put in the work needed.

 
Most Helpful

In case you need more views on this, the major doesn't really matter for consulting coming out of school.

However, if you are seeing a lot of engineering majors at your school go into consulting, it may be because your school is known for strong engineering programs. This wouldn't typically be the case at a target school or most schools with OCR, but if you are at a non-target or maybe some semi-targets, what the school is known for may matter for securing interviews.

 
  1. Majors do not matter that much to get an interview
  2. Economics & STEM are more quantitative and can have a slight edge if tested on that, e.g. during case interviews. Generally speaking, people like candidates with strong quantitative backgrounds, and you can get that through econ (just take research methods, econometrics, etc. courses)
 

Suscipit nulla aut libero aliquid. Aut at ut occaecati aut quibusdam velit voluptate. Ipsa voluptas commodi numquam quia rerum. Qui temporibus porro ut. Sit rem quasi iste et voluptatem velit vitae.

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...”