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Switching Careers Advice - Is Pre-Med to Management Consulting Feasible?

career Career Advising Career start Change Career
New answer on Sep 26, 2023
5 Answers
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Anonymous A asked on Sep 21, 2023

Hello, I was a medical student in an accelerated BS/MD program, where high schoolers are offered guaranteed admission into medical school upon graduation from high school. I was in the program for about 3 years, but recently withdrew for personal reasons. My current plans are to re-apply to medical school, but I am potentially interested in making a career change to management consulting. However, I am worried if this is smart or even possible at all, given that I am completely underqualified for this career. My resume is very healthcare-focused, and I do not have any experience in the business sector or doing any internships for management consultant firms (I never had the chance as I went straight into medical school from high school). I will have a B.A. in Biology this fall, and unfortunately, I don't have any major work experience, and I do not currently attend a big-name school (no recruiters). Would I be able to break into management consulting if I were to pursue an MBA, or if I transferred to a college with a top business department (my options are UW Foster, maybe UT Austin) to restart and get a new undergraduate Finance major?

All advice would be appreciated!

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Best answer
Benjamin
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replied on Sep 22, 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

I think your current position does not put you in a strong position - given the lack of work experience plus lack of big name school. While it is not impossible, I do think it is hard given recruiting at the end of the day is relative and you have to compare yourself to the competition.

I think an MBA from a top program would be the best path versus trying to again complete another undergraduate degree

  • You'd get work experience and exposure to the working world
  • You'd get the benefits of an MBA experience (network, travel, learning etc)

All the best!

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Anonymous A on Oct 21, 2023

Hello, Sorry for the delayed response, PrepLounge notifications were enabled but I never received any emails! May I know how you would recommend that I become competitive for a top MBA program? I am interested in knowing how I can bolster my resume for a top MBA program, and if a 3.5 GPA is sufficient. I unfortunately did not do well in the medical school courses in third year, and because of my unique BS/MD program, my graduate school grades merged with my undergraduate grades and I ended up with a 3.2 GPA from a 3.9 GPA prior to the last year. I can get it up to a 3.5 GPA after talking to my school counselor by Summer 2024. Thank you so much in advance!

Ian
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Content Creator
replied on Sep 22, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

I worked with people that were previously professional violinists, flautists, dentists, etc. Trust me, any profession can get into MBB!

However, there are a few things you need to do to improve your odds:

  1. Get some consulting-related experience (bro-bono consulting projects, academies, etc.)
  2. Network
  3. Adjust your resume and make it a 10/10 (change your wording etc. to change the way it's pitched)

The biggest gap is nothing on your resume that shows you have historically been interested in consulting (hence my point #1). You also ideally want to apply through your university itself.

My view: Try now and see what happens. If it doesn't work, then go the MBA route (if that's what makes sense for you individually)

If you are genuinely interested in transitioning to consulting, your best bet is to do an MBA. The PhD route is for an entirely different purpose/career. You absolutely can get into MBB from a PhD, but it's just not that common!

A PhD does not lead to a higher salary (holding the same hiring role constant), and certainly seems far more roundabout a path than just doing an MBA.

Remember, an MD/MBA is a route to consider! I knew a number of people at Stern that were also pursuing a Doctorate and MBA simultaneously...let's just say they were highly marketable :)

Happy to help with all of the above!

Good luck!

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Anonymous A on Oct 21, 2023

Hello! For reference, because I unfortunately did not do well in the medical school courses in third year, and because of my unique BS/MD program, my graduate school grades merged with my undergraduate grades and I ended up with a 3.2 GPA from a 3.9 GPA prior to the last year. I can get it up to a 3.5 GPA after talking to my school counselor by Summer 2024. Do you think I would even be competitive with a 3.5 GPA for top MBA programs at target schools, or realistically would I only be able to get into the lower and middle tier MBA programs?

Moritz
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Content Creator
replied on Sep 22, 2023
ex-McKinsey EM & Interviewer | 7/8 offer rate for 4+ sessions | 90min sessions with FREE exercises & videos

Hi there,

It's entirely possible, yes. This has been done many times. I just recently helped two recent graduates from med school getting into McKinsey in Germany, and they weren't the first (one more in Switzerland, and at least one more in the US).

None of them had any business background and that's OK. Consulting firms aren't looking for knowledge, they're looking for skills that are found across professions.

All that being said, there's of course a lot of work going into networking, preparing an application, and preparing for the interviews. However, it's entirely doable - particularly with coaching. If you're not a ‘typical' MBA, you will likely get disoriented at first. However, it's not as terrible as it seems ;)

Best of luck and let me know if I can help in any way!

Cheers,
Moritz

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Anonymous on Oct 21, 2023

Hello! For reference, because I unfortunately did not do well in the medical school courses in third year, and because of my unique BS/MD program, my graduate school grades merged with my undergraduate grades and I ended up with a 3.2 GPA from a 3.9 GPA prior to the last year. I can get it up to a 3.5 GPA after talking to my school counselor by Summer 2024. I am wondering if I would even be competitive with a 3.5 GPA for top MBA programs, if that is the recommended course of action. Would you recommend I get pro bono consulting experience and complete my Biology degree, then apply straight to the consulting firms? Or do you recommend first getting an MBA / an undergraduate business degree (ex: Finance)?

(edited)

Francesco
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Content Creator
replied on Sep 24, 2023
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

Q: Would I be able to break into management consulting if I were to pursue an MBA, or if I transferred to a college with a top business department (my options are UW Foster, maybe UT Austin) to restart and get a new undergraduate Finance major?

Yes, you could definitely move to consulting after an MBA and possibly even before. There are a few companies that you might target that would look favourably a profile related to healthcare:

  • MBB (they have a strong healthcare practice in most countries)
  • ZS Associates
  • LEK
  • IQVIA
  • ClearView
  • Putnam

As mentioned by Ian, you could try to apply now via networking (you can find some tips here). If it doesn’t work, you can work for a few years and apply again. If it still doesn’t work, you can do an MBA and apply again after that.

Good luck!

Francesco

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Anonymous A on Oct 21, 2023

Hello! For reference, because I unfortunately did not do well in the medical school courses in third year, and because of my unique BS/MD program, my graduate school grades merged with my undergraduate grades and I ended up with a 3.2 GPA from a 3.9 GPA prior to the last year. I can get it up to a 3.5 GPA after talking to my school counselor by Summer 2024. Do you think I would even be competitive with a 3.5 GPA for top MBA programs at target schools, or realistically would I only be able to get into the lower and middle tier MBA programs?

Francesco on Oct 21, 2023

Hi there, in this case I would apply broadly so that you maximize your chances of getting into a top MBA program. The exact feasible options depend on the rest of your application/profile, so it is difficult to judge without more information. Good luck!

Anonymous A on Oct 29, 2023

Thank you so much for your advice, I greatly appreciate it! For clarification, if my primary goal is to get placed into the best possible company and get as prepared as possible for long-term success in the job (not getting shuffled out within 2-3 years via "up-or-out"), out of the following options, which would you recommend if you were in my shoes and making money immediately was not a concern for my situation? 1) finishing my Biology degree and applying straight for consulting firms 2) applying for one of the target MBA programs right away (1 or 2 years) 3) go to UT Austin or University of Washington to pursue a 3/4 year bachelor's business degree (ex: Finance) while using those 3/4 years to get internships, work experience, and business related club leadership and participate in case competitions at the college level In the event you believe option 2 is the most recommended, but I end up not getting accepted into a target (top 30) MBA program, what would your alternate recommendation be? Should I still get an MBA at a non-top 30 school, or should I just get work experience with my BA Biology degree, or should I go back to UT Austin/UW for a new undergraduate degree?

Francesco on Oct 29, 2023

Hi there, I would do 1 and if it doesn’t work, 2. I don’t think 3 makes much sense. I think if you work hard on 2, you should manage to get accepted in a top MBA, if not you could try 2 again the following year. Hope this helps

Cristian
Expert
Content Creator
replied on Sep 26, 2023
#1 rated MBB & McKinsey Coach

Hi there!

I generally have the belief that everybody can make it. 

Of course, for some people it's easier than for others based on their credentials. 

The great thing in your case, and generally with people who transfer from medical studies, is that you have already been accepted into an environment that is highly selective. This is good signaling for consulting firms and you can use it as part of your storyline for making this transition into consulting. 

Based on your context, I don't know enough to give you a concrete plan of how to structure your applications, but happy to discuss at length if you'd like. 

In the meantime, sharing with you a couple of resources to give you a better understanding of the recruitment process:


Best,
Cristian

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


 

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Anonymous A on Oct 21, 2023

Hello! For reference, because I unfortunately did not do well in the medical school courses in third year, and because of my unique BS/MD program, my graduate school grades merged with my undergraduate grades and I ended up with a 3.2 GPA from a 3.9 GPA prior to the last year. I can get it up to a 3.5 GPA after talking to my school counselor by Summer 2024. I am wondering if I would even be competitive with a 3.5 GPA for top MBA programs, if that is the recommended course of action. Would you recommend I get pro bono consulting experience and complete my Biology degree, then apply straight to the consulting firms? Or do you recommend first getting an MBA / an undergraduate business degree (ex: Finance)?

Benjamin gave the best answer

Benjamin

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Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer
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