Management consultancy as a career

[madz124]

Re: Management consultancy as a career

@Midnight_express_91

So now that i have my CA i wanna take the plunge into management consultancy. I always knew that somewhere down the line i would wanna get into management consultancy. The question is how do i stack up against people armed with MBA’s?? And do such companies give preference to MBA’s and how do they view CA’s?? Iv also thought about doing an MBA so i could compete more directly with other candidates when it comes to things like promotions. But if im gonna be paying £20,000 to do an MBA then i have to get an equal amount in return in terms of climbing the career ladder and financially. Your thoughts people??

Hey,

One of my friends at KPMG worked in the audit dept. and switched to mgmt consultancy after CA. She did that because her long term goal was to work on the Finance/Operations side (as opposed to Financial reporting) in industry. She interviewed internally and based on her ratings/feedback from managers, she retained her salary but had to start at the bottom of course because she had had no prior consulting experience. I think roughly it took her about 1.5 years before she was promoted to senior.
That said, you don’t need an MBA in this field. Work experience and contacts are all that you need. It is a promising career but the hours are brutal though. But I’m sure you’ve done your homework.