Google, Facebook and Amazon might grab more of the headlines, but consulting firms are still snapping up the most students at top business schools as they remain the largest recruiters, according to the latest MBA placement statistics.
Amid a surge of interest in technology companies, consulting’s enduring appeal — particularly that of McKinsey, Boston Consulting and Bain, or the “big three” — comes at the expense of finance and banking, which are still recovering from recession.
Recent surveys suggest little more than a third of those who enter consulting after graduation are still working in the field six to eight years later. However, MBA students continue to find attractive the high starting salaries — up to $145,000 a year — and the fast career progression offered by consulting firms.