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Sponsored Executive MBA?

consulting Executive MBA MBA MBB
New answer on Oct 27, 2023
9 Answers
289 Views
Anonymous A asked on Oct 24, 2023

Dear Community! 

I'm aware that MBB often provides MBA sponsorship prior to promoting individuals to the Associate role. Can you tell me if MBB also offers sponsorship for executive MBAs at more advanced career stages, like when one reaches the Engagement Manager position? Are you familiar with any instances of this? And how common is EMBA sponsorship within the consulting field?

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Sidi
Expert
replied on Oct 24, 2023
McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Hi Anonymous! 

MBB firms don't sponsor EMBAs. In short: they believe the professional development within their own project work is largely superior to en executive MBA.

Cheers, Sidi

_______________________

Dr. Sidi Koné 

(🚀 Ex BCG & McKinsey Sr. Project Manager, now helping high potential individuals join the world's top Strategy Consulting firms (McKinsey | BCG | Bain))

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Pedro
Expert
replied on Oct 24, 2023
Bain | Roland Berger | EY-Parthenon | Mentoring Approach | 30% off first 10 sessions in May| Market Sizing | DARDEN MBA

No, they don't do it. For two reasons:

  1. It is very hard to manage the workload of an MBA and consulting project work. One will necessarily perform worse in projects, and client always comes first
  2. In general you learn more in strategy projects than in an MBA, and if you have any blind spots in general the company can provide valuable training.
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Alberto
Expert
Content Creator
replied on Oct 27, 2023
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews

Hi there,

I don't personally know any case of MBB sponsoring executive MBAs.

Best,

Alberto

Check out my latest case based on a real MBB interview: Sierra Springs

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Benjamin
Expert
Content Creator
replied on Oct 25, 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

MBA sponsorship in BCG is only for full-time MBA programs, and to be more specific, ‘top’ MBA programs.

As a Manager/Principal in MBB, you would already have all you need to network with the people that matter from a commercial/account building POV, and the incremental value add from an EMBA is negligible. 

All the best!

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Cristian
Expert
Content Creator
replied on Oct 25, 2023
#1 rated MBB & McKinsey Coach

Absolutely. 

The most important thing to keep in mind is that these things are not set in stone. 

The more senior you are, the more they are negociable. 

These firms care about your development, your value proposition and about retaining you. 

So as long as you can communicate clearly what is the value of you doing that program and how it benefits both you individually and the firm, it's going to happen. 

Here's a thinking framework on how to assess whether an MBA is even necessary - in most cases it isn't:


Best,
Cristian

———————————————

Practicing for interviews? Check out my latest case based on a first-round MBB interview >>> SoyTechnologies  

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Nikita
Expert
updated an answer on Oct 24, 2023
MBB & Tier2 preparation | 85+ offers | 7 years coaching | 2000+ sessions | PDF reviews attached

It would just be a waste of their money and a precious human resource. 

Working at MBB >>>>>>>>>>>>>>>>>>>>>>> EMBA.

(edited)

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Udayan
Expert
Content Creator
replied on Oct 24, 2023
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

Never heard of it to be honest. It would also not work given the grueling work demands at MBB. No one would have the time to do anything else alongside the projects.

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Ian
Expert
Content Creator
replied on Oct 25, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

They do not.

And, quite frankly, what you'll learn in a month at the manager and higher level at MBB will me more than you'd learn in the entire EMBA program. Sounds like exgaerration but it's really not.

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Frederic
Expert
Content Creator
replied on Oct 25, 2023
ex Jr. Partner McKinsey |Senior Interviewer| Real Feedback & Free Homework between sessions|Harvard Coach|10+ Experience

Unfortunately not. 

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Sidi gave the best answer

Sidi

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers
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