The “Big 3” consulting firms have a talent problem

<p>For the longest time, consulting at the “Big 3” strategy consulting firms—McKinsey, Boston Consulting Group, and Bain &amp; Co.—is not only one the most sought-after careers but also one of the highest-paying jobs.</p><p>Five years ago, 30% of graduates from the top IITs with bachelors degrees chose consulting. For those from the IIMs in Ahmedabad, Bengaluru, and Kolkata, 35% of graduates chose a consulting job at one of these companies.</p><p>But ever since 2022, something’s changed. <em>The Ken</em> spoke to four placement coordinators of IITs and IIMs and they told us that these jobs, especially at the entry level, are not as popular anymore.</p><p>Why?</p><p>Tune in to find out.</p><p><strong><em>Recommendation  </em></strong><br /><a href="https://the-ken.com/story/a-job-with-mckinsey-bain-or-bcg-trumps-everything-or-it-used-to/">A job with McKinsey, Bain, or BCG trumps everything. Or it used to<br /></a><br /><strong><em>Free Read</em></strong><br /><a href="https://the-ken.com/story/flavour-science-fmcg/?utm_source=web&amp;utm_medium=podcast_twentyfour&amp;utm_campaign=daybreak_flavourscience%20">How brands decide what your favourite snack tastes like<br /></a><br /><em>Daybreak is produced from the newsroom of </em><a href="https://the-ken.com/"><em>The Ken</em></a><em>, India’s first subscriber-only business news platform. </em><a href="https://the-ken.com/pricing/"><em>Subscribe</em></a><em> for more exclusive, deeply-reported, and analytical business stories.</em></p>