MANAGEMENT CONSULTING CEO: Our Clients Want More Than Just MBAs

Lerner · Apr 14, 2013

Consulting Firms Need More Than MBAs - Business Insider

Once a dependable employer for business school graduates, management consulting firms are starting to consider other candidates.

The industry looks for people who can combine analysis with presentation skills and management insight. While a degree from Harvard Business School goes a long way, it can't always compete with deep industry expertise.
Boston Consulting Group (BCG) CEO Rich Lesser tells the Wall Street Journal how his recruiting has changed:

What has changed is the kind of teams our clients expect. They want a depth of expertise in particular industry sectors or functions, so the breadth of talent that we draw on is broader. We still hire—in the U.S., in particular—large numbers from business schools, but we also hire people with different post-graduate degrees: doctors, Ph.D.s, lawyers. And we hire more people from industries, at all levels, who can bring insight and expertise.

BCG still does hire a lot of MBAs in the United States.
Lesser says that the biggest problem companies ask his company to help them figure out is how to deal with massive growth in emerging markets.

Preparing students to run or advise international businesses isn't a strength of many MBA programs, it can be something of a weakness, according to IESE Business School professor Pankaj Ghemawat.
That's because the way many address globalization is through short trips abroad, which might actually be counterproductive.
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Woho · Apr 14, 2013

Yes, BCG very much welcomes any applications coming from MIT rocket science graduates...

AUTiger00 · Apr 15, 2013

BCG has always had a reputation for hiring smart people from pedigreed schools. From the outside looking in this doesn't seem like some big shift in hiring policy, they've always recruited outside of the b-schools.

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MANAGEMENT CONSULTING CEO: Our Clients Want More Than Just MBAs

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