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Deloitte, Accenture, McKinsey: What Are The Top Consulting Firms For B-School Students?

Consulting is the most popular career route after business school, with companies such as Accenture and McKinsey among the top consulting firms for b-school grads

Mon Mar 27 2023

Over the years, consulting has remained one of the most desirable industries for business school graduates. The 2022 Prospective Students Survey from the Graduate Management Admission Council (GMAC) listed consulting as the top career route for people considering b-school.

With the high salaries, opportunities for growth, and diversity of work tasks, among many other advantages, this doesn’t come as a surprise.

The new Highered Career Destinations report, which surveyed over 3,800 students at 580 business schools, confirmed the popularity of the consulting industry among business school students, with nearly half–44%–of respondents wanting to enter this sector.

The report also revealed which firms business school students consider to be top among the consulting industry. The list included some big-name players including the Big Four accounting and professional services firms, the Big Three consultancies, and boutique firms such as Grant Thorton and Oliver Wyman. 

Here we break down the top consulting firms among business school graduates. 

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Students feel Big Four are the top consulting firms

One of the report’s main results is the Big Four—Deloitte, EY, PwC, and KPMG–came out as the top consulting firms for business school students. 

The world’s largest accounting and professional services firms in terms of revenue and workforce, these prestigious firms are renowned for offering high salaries with a generous bonus structure.

Deloitte is top of the list, and MBA salaries there are competitive. Deloitte Strategy & Analytics (S&A) offers MBA graduates base salaries of $175,000; Deloitte Consulting provides up to $163,000; Deloitte Federal $128,000; Deloitte Government & Public Services $117,000. 

MBA consultants at Deloitte Human Capital and Deloitte Tech earn $160,000, while master’s level...

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