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The Strategy Consulting Industry: Firms, Trends & Compensation (2025)

StrategyU

McKinsey is renowned for its rigorous recruitment process, its structured up or out career progression, and a culture that demands long hours and constant excellence. This reduced deal flow has led some firms, such as EY-Parthenon, to delay start dates for new hires and adjust their recruitment strategies accordingly.

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What Consultants Actually Do?

StrategyU

Here are some of the key roles: Analysts and Associates Entry-level consultants, often recruited from top universities, typically start as analysts or associates. Do you have a toolkit for business problem solving? The Varied Roles Within Consulting Consulting is a diverse field with multiple career paths.

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How To Beat The McKinsey Solve Game

StrategyU

The McKinsey Problem Solve Game, often called the Digital Assessment or Solve Game, is an innovative tool used by McKinsey & Company to assess candidates early in their recruitment process. The PSG gamified part of McKinsey’s recruitment process. This isn’t your typical test. You can do it!

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Do Consulting Case Study Interviews Work? A deep dive

StrategyU

For certain schools, you are typically expected to participate in the campus recruiting team and help potential interviewees come into the interview prepared. I suspect a lot of what keeps the interviews around is that everyone in charge of recruiting had to go through them: back in my day we did these, so we can’t get rid of them!

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John Legend Made Slides? What Famous Alums Learned In Consulting

StrategyU

These firms produce many impressive alumni because they tend to recruit and attract some of the most driven young people around the world, the work is oriented towards helping senior leaders of top companies, and the fact that there is an expectation that most people who work at these firms will not spend their entire careers at them.

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The Cliches of Consulting vs The Reality

StrategyU

Yes, the air is thin at the top echelons of the prestigious colleges where the big firms recruit first-year business analysts. Yes, an MBA from one of the “right” business schools will get one’s foot in the door easier than a degree from a less prestigious one. Do you have a toolkit for business problem solving?

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A Brief History of Strategy Consulting: 100 years from Frederick Taylor to the “Next New Normal”

StrategyU

No longer solely recruiting from Harvard and Stanford, the firms are hiring based on in-demand skills and trying to figure out what the next chapter looks like. Despite all these bets, the big three still derive most of their income from traditional long-term consulting engagements with large businesses, which are still performing well.