{"id":22292,"date":"2019-07-01T22:15:36","date_gmt":"2019-07-01T16:45:36","guid":{"rendered":"https:\/\/e-gmat.com\/blogs\/?p=22292"},"modified":"2019-10-31T12:47:49","modified_gmt":"2019-10-31T07:17:49","slug":"top-10-best-business-schools-for-consulting-careers-part-2","status":"publish","type":"post","link":"https:\/\/e-gmat.com\/blogs\/top-10-best-business-schools-for-consulting-careers-part-2\/","title":{"rendered":"Top 10 Best Business Schools for Consulting Careers – Part 2"},"content":{"rendered":"A <\/span> 9<\/span> min read <\/span><\/span>

In Part-1 of this article, we looked at why consulting is a popular career choice post-MBA and the skills the top consulting firms are looking for in candidates. We also looked at the Top 5 Best Business Schools for Consulting based on the latest business school employment reports.<\/p>\n

\"Best<\/p>\n

In this article, we take a look at the next set of 5 Best Business Schools for Consulting careers.<\/p>\n

Here is a brief outline of this article:<\/h3>\n

Top 10 MBA Programs for Consulting Careers:<\/p>\n

    \n
  1. INSEAD<\/li>\n
  2. London Business School<\/li>\n
  3. Yale School of Management<\/li>\n
  4. Columbia Business School<\/li>\n
  5. Duke Fuqua School of Business<\/li>\n
  6. University of Virginia \u2013 Darden School of Business<\/a><\/li>\n
  7. MIT Sloan School of Management<\/a><\/li>\n
  8. Chicago Booth School of Business<\/a><\/li>\n
  9. Michigan Ross School of Business<\/a><\/li>\n
  10. Northwestern Kellogg School of Management<\/a><\/li>\n<\/ol>\n

    If you missed out on Part-1<\/a> of this article where we cover the first 5 Top MBA Programs for Consulting you can read it here<\/a>.<\/p><\/blockquote>\n

    Top 10 Best Business Schools for Consulting Careers<\/h2>\n

    Following are some statistics from the latest employment reports of the above business schools related to consulting.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Sr. No<\/strong><\/td>\nBusiness Schools<\/strong><\/td>\nClass Size<\/strong><\/td>\nIncoming Percentage (By Industry)<\/strong><\/td>\nOutgoing Percentage (By Industry\/Function)<\/strong><\/td>\nMedian\/Mean Salary (in US $)<\/strong><\/td>\nMean\/Median Sign-On Bonus (in US $)<\/strong><\/td>\nSalary Range<\/strong><\/td>\n<\/tr>\n
    1<\/td>\nINSEAD<\/strong><\/a><\/td>\n500<\/td>\n16%<\/td>\n52%<\/td>\n113,400\/113,800<\/td>\n27,000<\/td>\n46,000 – 180,000<\/td>\n<\/tr>\n
    2<\/td>\nLondon Business School<\/strong><\/a><\/td>\n415<\/td>\n26%<\/td>\n37%<\/td>\n113,329<\/td>\n47,407<\/td>\n74,438 – 168,000<\/td>\n<\/tr>\n
    3<\/td>\nYale School of Management<\/strong><\/a><\/td>\n347<\/td>\n20.20%<\/td>\n34.9%\/46.3%<\/td>\n145,000<\/td>\n25,000<\/td>\n125,000 – 152,000<\/td>\n<\/tr>\n
    4<\/td>\nColumbia Business School<\/strong><\/a><\/td>\n756<\/td>\n23%<\/td>\n33.60%<\/td>\n147,000<\/td>\n30,000<\/td>\n80,000 – 233,500<\/td>\n<\/tr>\n
    5<\/td>\nDuke Fuqua<\/strong><\/a><\/td>\n440<\/td>\n24%<\/td>\n32%\/35%<\/td>\n140,000\/140,300<\/td>\nN\/A<\/td>\n93,000 – 170,000<\/td>\n<\/tr>\n
    6<\/td>\nVirginia Darden<\/strong><\/a><\/td>\n345<\/td>\nN\/A<\/td>\n32%<\/td>\n140,189<\/td>\n31,940<\/td>\nN\/A<\/td>\n<\/tr>\n
    7<\/td>\nMIT Sloan<\/strong><\/a><\/td>\n409<\/td>\n21%<\/td>\n31.6%\/38.5%<\/td>\n147,000\/142,988<\/td>\n30,000<\/td>\n73,677 – 185,000<\/td>\n<\/tr>\n
    8<\/td>\nChicago Booth<\/strong><\/a><\/td>\n591<\/td>\n24%<\/td>\n31%\/32.3%<\/td>\n150,000<\/td>\n25,000<\/td>\n53,000 – 170,000<\/td>\n<\/tr>\n
    9<\/td>\nMichigan Ross<\/strong><\/a><\/td>\n423<\/td>\n16%<\/td>\n30.1%\/33.1%<\/td>\n147,000\/136,667<\/td>\n25,000<\/td>\n70,000 – 170,000<\/td>\n<\/tr>\n
    10<\/td>\nNorthwestern Kellogg<\/a> <\/strong><\/td>\n478<\/td>\n24%<\/td>\n30.1%\/32.4%<\/td>\n147,000\/140,830<\/td>\n28,130\/25,000<\/td>\n82,800 – 170,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

     <\/p>\n

    Best Business School for Consulting #6 \u2013 Darden School of Business<\/h2>\n

    \"\"<\/p>\n

    32% of Darden’s class of 2018, chose careers in the consulting industry post MBA. The average starting salary and bonus offered to students recruiting for consulting careers at Darden are US $ 140,189 and US $ 31,940 respectively.<\/p>\n

    McKinsey & Co., Bain & Co., and BCG are among the top 5 hiring companies from the class of 2018 at Virginia Darden. Accenture, Deloitte, and PwC were some of the other top employers hiring for consulting roles.<\/p>\n

    Coursework and Pedagogy<\/h3>\n

    Darden offers many courses related to consulting with the aim of getting students up to speed quickly about the industry and preparing them to generate hypothesis and possible solutions to client problems. Some of the consulting related courses offered are:<\/p>\n

      \n
    1. Post-Merger Integration<\/li>\n
    2. The Practice of General Management<\/li>\n
    3. Strategy Seminar<\/li>\n
    4. The Consulting Process<\/li>\n
    5. Systems Design and Business Dynamics<\/li>\n
    6. Darden Consulting Projects<\/li>\n
    7. Management Decision Models<\/li>\n
    8. Operations Strategy<\/li>\n<\/ol>\n

      \u201cThe Consulting Process\u201d, teaches the basic skills of successful consultation to students interested in consulting but with no experience in the field. Students sure about recruiting for consulting can also select Strategy Consulting as a Career Track concentration<\/a>. Overall students can choose from over 10 electives to personalize their MBA experience for a career in consulting.<\/p>\n

      Besides the coursework, the case-method based pedagogy and Darden\u2019s focus on collaboration through learning teams is particularly relevant for consulting.<\/p>\n

      Darden Consulting Club<\/h3>\n

      The Darden Consulting Club<\/a> attracts up to half of each year\u2019s class. The club is active in organizing networking opportunities with recruiters, interview practice and resume-polishing workshops.<\/p>\n

      These events are geared towards first-year students and help them in understanding what consulting is and how the various consulting firms differ. The Consulting Club also publishes its own case book and provides students access to case books from other top-ranked business schools.<\/p>\n

      In addition, the Consulting Club also sponsors a Consulting Conference in which the club invites representatives from a diverse set of consulting firms each year such as Bain & Co., Accenture, Booz & Co., Deloitte, IBM, and McKinsey & Co. Representatives are encouraged to present issues most relevant to their current area of practice. The conference takes place over 2 days and usually starts off with a kickoff speaker.<\/p>\n

      Darden Business Project<\/h3>\n

      To gain hands-on experience in consulting, second-year Darden MBA students can take part in the Darden Business Project<\/a>. Teams of 3-6 students frame issues, analyze data, and present solutions in a real-world environment for a U.S. or an international company. The business projects can focus on an issue facing one of the school\u2019s corporate partners, or the project team can develop and assignment of its own.<\/p>\n

      Best Business School for Consulting #7: MIT Sloan School of Management<\/h2>\n

      \"\"<\/p>\n

      31.6% of the full-time MBA class of 2018 at the MIT Sloan School of Management chose careers in the Consulting Industry. The median salary and bonus offered to students going into consulting are US $ 147,000 and US $ 30,000 respectively.<\/p>\n

      McKinsey, Bain. and BCG are among the top four employers of MBA graduates at MIT Sloan. The \u2018MBB\u2019 firms cumulatively recruited 61 students from the class of 2018. Apart from the \u2018MBB firms\u2019, Deloitte Consulting hired 9 students from the class of 2018. Other notable consulting employers hiring from the MIT Sloan School of Management include L.E.K Consulting, PwC Strategy&, and Parthenon-EY.<\/p>\n

      Consulting Coursework and Experiential Learning Opportunities<\/h3>\n

      MIT Sloan offers more than 30 classes that are directly relevant to students interested in consulting and Strategic management. Popular courses include:<\/p>\n