McKinsey and Co

Successfully completing an MBA once got you a shot at joining a market leading consulting firm like McKinsey and Co. That option is still available for young MBA recruits but is now reserved for the leading candidates in each class.

Normally the cut-throat world of consulting takes it toll on team members who normally commit to a number of years of consulting to gain a firm understanding of the core concepts and build their CV before embarking on a management career.The experience that a top line consulting firm offers builds capability, confidence and reputation for the consultant, what the role lacks is stability.

I'm guessing the world of consulting doesn't offer a regular pay-cheque as I once met a consultant while on a diving expedition, he was between contracts and only just got notification that the next contract would begin in the next month. It is probably a good start for a young guy starting out in the world of management, but once you have a number of responsibilities such as a mortgage, your consulting days are over.