Top Business Schools for Consulting 2020

Looking at the school's employment statistics, LBS is truly one of the best MBAs for consulting: Forty percent of LBS’ 2019 MBA grads got jobs in the consulting sector, many of them landing jobs with large consultancies like Boston Consulting, McKinsey, Bain, and Strategy&. The school’s MBA offers various options for students to improve their consulting chops, including a summer consulting project.

The Big Three love Columbia MBAs. Each year, each of the ‘MBB’ firms—McKinsey, Bain, and Boston Consulting— typically hire dozens of Columbia graduates. In all, about one-third of Columbia’s 2019 cohort went into the strategy consulting industry after the MBA.

The percentage of INSEAD MBAs going into the consulting sector generally ranges from between 30 to 40 percent. In 2019, it was whopping 52 percent—the highest rate of all schools surveyed by FIND MBA. INSEAD remains a major feeder school for large consulting firms in Europe, with hundreds of the Insead 2019 cohort going into firms like McKinsey, Boston Consulting, Bain, and others.

Although the school does not offer an MBA concentration in Consulting, it does offer a major in Managing Organizations. Generally, over thirty percent of any given Kellogg MBA cohort goes into the consulting industry. In 2019, the top three hiring companies of Kellogg MBAs were consulting firms McKinsey, Bain, and the Boston Consulting Group, who, combined, recruited over 100 Kellogg MBA graduates. 

Thirty-six percent of 2019 Darden MBA grads went into the consulting field, working for firms like A.T. Kearney, Deloitte Consulting, and Bain & Company. Darden offers an MBA concentration in Strategy Consulting.

Almost 31 percent of Sloan’s 2019 MBA cohort went into the consulting industry, with many getting hired by either McKinsey (12 grads), Boston Consulting (36), or Bain (19). Over 38 percent of all MBAs got jobs with a consulting or strategic planning function.

Over 37 percent of 2019 Yale MBAs went into functional roles in consulting—either internal consulting or external. Yale grads are regularly snapped up by McKinsey, Booz Allen Hamilton, and the Boston Consulting Group.

Forty-two percent of 2019 Ivey MBAs went into the consulting industry - the highest rate of all Canadian business schools surveyed by FIND MBA. Many of the school’s graduates end up in the Toronto area, where there are headquarters for many management consulting firms. The school’s MBA offers a range of consulting-oriented electives in the Corporate Strategy & Leadership area.

IESE’s MBA provides a proven record for transitioning students into the consulting sector. Some 33 percent of last year’s IESE MBA class ended up in consulting firms (even though only 12 percent of the class had any previous experience in the field.) Grads have gone into consulting firms such as AT Kearney, Roland Berger, the Boston Consulting Group, and others.

Although the school does not offer an MBA concentration in Consulting, it does offer one in Organization & Management. Fifty-two percent of the school’s class of 2019 went into consulting services, one of the highest percentages of all US business schools that FIND MBA surveyed. Consulting-minded MBA grads go into firms like Bain, Deloitte, and McKinsey.