Physician to Consulting Career Roadmap

Hi all. Would appreciate some guidance here.

I am a doctor wanting to switch to strategy consulting (MBB in London/Boston/NYC/Greater China ideal) and eventually specialize in healthcare systems and services. Long term goal is to join a healthcare VC/PE practice in the Asia Pacific.

I am based in the UK and was an international student here. Currently first year post-M.D. (non MBB target school) in a top residency program, leading tertiary/academic centre.

I am currently applying to MBA and MiM programs (Fall 2020 matriculation), and am wondering if my career roadmap plan is reasonably well thought out? I will have 1 year of work experience upon matriculation if accepted to either program. This will really help my interviews!

I have a couple of options in mind:
1. 1 year UK clinical work experience -> MBA (2-Year, US Top 10 School) -> Post-MBA Level at MBB in NY/Boston/SF (preference) or London or China/HK. -> Lateralise to MBB Asia Pacific -> Exit
2. 1 year UK clinical work experience -> MiM (1-Year, LBS) -> Analyst/Junior Associate Level at MBB in London/China/HK -> Lateralise to MBB Asia Pacific -> Exit
3. 1 year UK clinical work experience -> Continue with clinical experience -> MPH -> enter MBB as experienced hire -> Lateralise to MBB Asia Pacific -> Exit

My Questions
1. Which, if any, of the above sounds like the most advisable career pathway plan?
2. Do you have any other recommendations?
3. Is my long term exit strategy a sound one? What kind of experience (e.g. M&A? Reform?) or skills (e.g. Financial modelling etc.) would I need to amass as a management consultant to successfully exit into a PE/VC role?

I am rather unfamiliar with this territory as a medical nerd so please excuse any silly sounding questions. Open to all recommendations and pointers!

Many Thanks!!

Consulting Case Interview Course

  • 2,037 questions across 209 consulting firms. Crowdsourced from over 600,000 members.
  • 11 Detailed Exclusive Cases developed by a McKinsey Associate and 10+ hours of video.
  • Trusted by over 1,000 aspiring consultants just like you.

Comments (3)

Apr 24, 2020 - 7:34pm

OP, you don't necessarily need a Masters (MBA, MiM, MPH) degree to get into MBB. If your sole goal for the Masters is to get into MBB, I suggest you apply directly. All the MBBs have pipelines for Phds and doctors. Applying directly will save you time and money. You need to make sure you are well-prepared for case interviews before you apply though.

  • 3
  • Analyst 1 in Consulting
Apr 24, 2020 - 10:36pm

Agreed. Whatever you want to do, you should be able to do with a MD, so I wouldn't get another degree just to recruit for MBB. I would suggest networking a bit, particularly with MD's who are now at MBB in your target offices. You can learn more about what's expected of you, how to prepare, if the job is truly how you think it is as an MD, and get your foot in the door.

Most Helpful
Apr 24, 2020 - 10:30pm

Earum nesciunt voluptatibus debitis itaque. Totam sunt nam omnis tenetur amet impedit. Delectus est qui iste expedita.

Dolores eum distinctio ipsam non saepe aliquam aut. Iure in molestiae veritatis in aliquam. Tempore saepe sequi nam magnam.

Voluptas quis sed ut. Qui velit exercitationem debitis est consequatur et. Tempora hic qui et sit ducimus. Dolore qui nihil autem eos dolorem sit. Ut consequatur nemo quod culpa quia et quia.

Ipsa autem molestiae velit expedita est ratione. Velit labore quos explicabo non. Quibusdam aut cumque nesciunt. Magni hic rem qui. Aut aut provident inventore explicabo esse quos ipsa.

Start Discussion

Total Avg Compensation

October 2021 Consulting

  • Principal (22) $269
  • Director/MD (43) $260
  • Vice President (35) $246
  • Engagement Manager (78) $217
  • Manager (133) $165
  • 2nd Year Associate (126) $136
  • 3rd+ Year Associate (95) $129
  • Senior Consultant (282) $128
  • Consultant (502) $114
  • 1st Year Associate (446) $113
  • NA (11) $111
  • Engineer (4) $110
  • 3rd+ Year Analyst (115) $107
  • 2nd Year Analyst (257) $97
  • Associate Consultant (139) $94
  • 1st Year Analyst (872) $84
  • Intern/Summer Associate (141) $82
  • Intern/Summer Analyst (393) $67