MBA in Consulting

Curriculum

In MBA programs, consulting classes are strategically integrated into the curriculum to cater to students interested in pursuing careers in consulting. These classes are typically offered as core courses that all MBA students are required to take, as well as through a selection of elective courses that allow students to specialize further in the consulting field.

The core consulting classes provide a strong foundation in key consulting principles and frameworks. They delve into topics such as business strategy, asset valuation, business communication, and supply chain management.

These courses aim to develop a comprehensive understanding of the consulting process, from problem identification and analysis to the development and implementation of effective solutions.

As a consulting MBA student, you will typically take a combination of the following courses:

• Operations Management
• Business Strategy
• Consulting
• Financial Accounting
• Business Ethics
• Business Communication
• Asset Valuation
• Negotiations
• Corporate Strategy

Eligibility

When it comes to applying for a consulting-tailored MBA program, the specific requirements can vary between business schools.

However, in general, you can expect the following criteria:

• Professional Experience. Most MBA programs, including consulting-focused ones, prefer candidates with three to five years of professional work experience. However, this requirement can vary, so it's important to check the specific program's guidelines.
• Undergraduate Degree. An undergraduate degree from an accredited institution is typically a prerequisite for admission into an MBA program. The field of study is not always specified, allowing individuals from diverse academic backgrounds to apply.
• GMAT/GRE Scores. Many business schools require applicants to submit scores from standardized tests like the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE).
• Employers' Recommendation. MBA programs often request letters of recommendation from your current or previous employers. These recommendations provide insights into your professional abilities, work ethic, and potential for success in the program.

Skills

While studying for an MBA in Consulting, you can develop a wide range of valuable skills that are highly relevant to the consulting industry.

Here are some key skills you can gain during your studies:

• Analytical and Problem-Solving Skills
• Strategic Thinking
• Communication and Presentation Skills
• Leadership and Teamwork
• Client Management and Relationship Building
• Data Analysis and Decision-Making
• Business Knowledge and Industry Expertise
• Adaptability and Resilience
• Ethical and Professional Standards

Analytical and Problem-Solving Skills

Throughout the program, you will engage in rigorous coursework and case studies that challenge you to analyze complex business problems. You will learn analytical techniques, data-driven decision-making approaches, and frameworks to dissect problems, identify key issues, and develop effective solutions.

The emphasis on real-world consulting projects and simulations allows you to apply these skills in practical scenarios, honing your ability to think critically, assess options, and make sound recommendations.

The collaborative nature of the program encourages teamwork and the exchange of diverse perspectives, further sharpening your analytical thinking and problem-solving abilities.

Communication and Presentation Skills

As a consultant, effective communication is essential in conveying your ideas, recommendations, and findings to clients, colleagues, and stakeholders.

The program offers opportunities to enhance your written and verbal communication skills through coursework, presentations, and group discussions.

You will learn to clearly articulate complex concepts, present data-driven insights, and tailor your communication style to different audiences.

Through regular practice and constructive feedback, you will become proficient in crafting compelling presentations and engaging stakeholders with persuasive communication.

Tuition Costs

Tuition fees for an MBA in Consulting can vary significantly based on the university, program duration, location, and institutional reputation.

Here are some examples:

*Remember that tuition fees can change, so it’s important to contact the respective university or business school you plan to attend for specific information.

Career Opportunities

One of the main career paths in consulting is working for prestigious consulting firms. These firms offer the opportunity to collaborate with talented colleagues on complex projects for top-tier clients.

You'll gain exposure to a variety of industries and business functions, solving critical problems and driving strategic transformations.

This path allows you to develop a broad skill set and build a strong professional network.

Here are some of the career opportunities in consulting:

Consulting experience provides a solid foundation for entrepreneurship. Many consultants use their expertise and industry knowledge to launch their own consulting firms or start innovative ventures. This path offers the freedom to work with a wide range of clients and shape your own consulting practice.

Top Recruiters

In the consulting field, there are several top recruiters who actively seek MBA graduates for their expertise and problem-solving abilities. These recruiters often offer exciting career opportunities and challenging projects.

Here are some key recruiters in the consulting industry:

What Are the Benefits of Pursuing an MBA in Consulting?

An MBA in consulting equips you with broad business knowledge to use throughout your career. It teaches you how to lead teams, consult with confidence, and communicate effectively.