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Job chances and entry position level for someone with a medical degree?

Anonymous A

Hello, though I am a MD and working for now almost 3 years at a university hospital, I am interested in changing my career and getting a consulting job. My question is

a) Do you think changing to consulting is possible without any prior experience in professional consulting or education/degree in buisness? And what do you think, which of the big players (BCG, McK, etc.) would probably be interested in such an applicant?

b) On which level, in the company's hierarchy, would someone like that (physician with a doctor's degree and job experience of around 3 years) enter?

Looking forward to your answers! Thank you so much in advance!

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Mitchell
Expert
replied on 12/29/2017
BCG Consultant |Consulting Case Coach at London Business School

Yes, the top tier consulting firms do hire MDs. I know of many doctors that have made the switch to consulting. Unfortunately, without an MBA your position is likely to be entry level or one small step higher (e.g. Associate or Senior Associate in BCG's hierarchy). However, your best bet is to call the HR representatives at each firm and ask them the question to get an answer that is specific to your geography.

Andrea
Expert
replied on 01/30/2018
Former BCG decision round interviewer with 300+ real interviews in 8 years

In BCG US if you are an MD you will enter as a Consultant.

Vlad replied on 12/29/2017
McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School

Completely agree with Mitchell,

I would add that if you have a PHD, you can probably aim at a higher position (Associate level at McKinsey). But you should be very well prepared for the interview.

Best

Currently non-active expert
Expert
replied on 02/23/2018

Hey anonymous,

Your background is not an handicap at all as far as you're able to clearly demonstrate why you want to move, as consulting firms (especially MBBs and even more especially McKinsey) do love background diversity, so as far as you're able to show business acumen and perform well in the dimension the firms test for you would get an offer (they can't care less about your previous background!) - as an example, the majority of the ex-physicians in my MBA cohort transitioned to Consulting; as another example, I just coached an ex-physician at LBS who got an MBB offer, and let me tell you that both of them performed much better than many people with a business background

Given the short details you shared, you might qualify to apply as an entry position (e.g., BA at McKinsey) or an experienced consultant (e.g., Associated at McK), depending on well you're able to position your academic and professional experience, jointly with the business acumen and leadership skills you are able to demonstrate.

Try to secure a referral and that will definitely boost your chances to get an interview.

Best

Bruno

Odeh replied on 12/29/2017

I'm an MD. Message me privately and I can provide some advice based on my experience.

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