Jbrandl1 wrote:
Quote:
Your thoughts !?
Ofc! I certainly defer to any admissions counselors and admissions officers on the topic, however. I'm not sure what adds more value to an application at MBB: going to THE consulting powerhouse INSEAD, or the possibly slightly less competitive summer internship application pool. Maybe
MBAPrepCoach can help with this?
I'd also keep in mind, that while consultants definitely have a more strategic, direct impact on business decisions than a research analyst, consultants obviously have partners and company C-suite that truly make the decisions. Consultants I know have often mentioned that an "ideal outcome" has been provided, and recommendations should be in-line with that outcome.
It's also true, that most consultants don't end up staying consultants forever. I believe post-MBA consultants stay for approx. 2-4 years. Therefore, I would consider the possibility that consulting might be your 5 year plan, not necessarily what you do for the next 20 years.
From what you've shared about yourself, it does sound like you could take advantage of the additional year of business education that a longer program would offer. Given that an MBA is often the last formal education for a professional in business, I would consider that aspect, too
I wouldn't count on the two-year program being a lot more "relaxed," though, especially not in the first year
. On the other hand, year-two should definitely offer some time to pick electives you're especially interested in, brush up on some core business subjects you feel you might really need extra help in, and some time out with friends.
After talking to a lot of people and introspection I came to realize that I need to choose schools based on my profile, since placements post MBA is tricky and depends on your profile. (more than generic facts like INSEAD consuting powerhouse/HBS good for consulting etc )
- People Transitioning into consulting is a broad pool of people - people with business related prior jobs such as PE people, IBankers , Entreprenuers etc and non business related pool including PhDs, scientists and R&D engineers.
If we rank the applicant workstream which has similar or close to consulting in terms of relevance would be (from highest to lowest)
1. IBankers
2. PE
3. Entrepreneurs
4. Ops/Supply chain
5. R&D Engineers (who have quant intensive work)
4. Phds in Maths, Economics or other quant related skills
5. Researchers in Biology ( relevant because of industry specialization)
If you see, 1,2,3,4 and 5 are most relevant because of their work which deals with hard numbers and taking real life decisions or devising strategy based on that. This appeals a lot to MBB firms because thats what they deal with in their daily lives.
So considering this pool I will rank myself in 5. An MBA can help me in
- providing reach to my class peers/alumni in consulting (networking is king)
- immersing myself in business related coursework (finance, accounting , strategy, marketing, ops etc) to learn those concepts well
- Developng my interest in consulting and practicing cases through consulting club/organize networking events for consultants
- Do an internship in a boutique consulting firm and gain some first hand experience to know how 'fit' I am for consulting
- Taking electives which can help me to better position myself as a MBB applicant with my prior work experience in healthcare.
Considering all of these. - LBS is more suitable than a fast track INSEAD which is more for people already with decent knowledge of business matters/ seasoned professionals looking for a solid brand.
Oh hey and btw I am in the application stage. I need to decide the right application round