Management Consulting Guide 2022: McKinsey, BCG or PwC!? :-)

Do you REALLY want to become a consultant? Test your dreams & understand what consulting truly is about (by ex-McKinsey)

What you will learn


Read these learning objectives from the left…


…to the right 🙂 :


Decide / validate if you (really) want to become a consultant by taking the interactive YOUinConsulting job test and deriving an individual test result for you


Find out how well your personal dreams and expectations about a consulting career meet the reality of consulting life


Discover which consulting myths are true and which are not


Benefit from deep consulting industry insights for the rest of your consulting career!


Learn what consultants actually do, what services consulting firms offer and how they organize their expertise


Explore the consulting industry landscape with a) its key players (tier one and tier two consulting firms)…


…and b) its challengers (such as boutique consulting firms, inhouse consulting firms and smaller and medium-sized companies)


Learn about attractive employers beyond McKinsey, BCG and Bain (“MBB”)


Understand the differences between the MBB consulting firms and the Big Four companies (Deloitte, PwC, EY and KPMG) to decide for yourself: Who is the leader?


Familiarize yourself with three key megatrends that are shaking up the industry and that you need to be aware of early in your career!


Understand your individual consulting career path and the roles you may adopt as a consultant…


…from Junior/Senior Consultant to Project Manager/Junior Partner to (Senior) Partner of a consulting firm as well as the many support roles


Experience how consulting life will feel for yourself through “consulting meditations”…


…where you are guided through a series of truthful consulting project reports that showcase both the light and shadow of consulting life for you


Gain truthful and authentic first-class insights to your consulting career & life from a former McKinsey consultant who is there to both help AND entertain you!


Enjoy 3 ½ hours of top quality content and that each lecture is different – first-class advice, but delivered to you in various and highly entertaining manners!


Welcome to YOUnConsulting!

1. Who is this course for?

This course is the right course for YOU if you are

  • An undergraduate or postgraduate student who wants to explore or firmly pursues a management consulting career as your primary career option

  • A young professional (i.e., with some initial work experience) who considers switching to a management consulting career

  • A knowledge multiplier or intermediary who serves or frequently deals with consultants for professional reasons and benefits from gaining a deeper understanding of a consultant’s life and challenges

2. Who is your instructor?

My name is Dr “Jack” Jörg Leib. I am a consulting enthusiast, who spent five years as a consultant and project manager with the world’s leading management consulting firm, McKinsey & Company, and since then has been serving as an independent management adviser.

Prior to joining McKinsey, I interned with several reputable consulting firms such as Roland Berger and EY. I have attended recruiting events of all the major tier 1 and tier 2 consulting firms and interviewed with all of them. And to this date, I am very passionate about my industry, doing a lot of research about it and build on a strong network of fellow consultants at these leading consulting firms – to bring the best insights to YOU.

As part of the YOUinConsulting project, I regularly educate, inspire and coach young candidates and experienced professionals about their successful entry, rise and exit as a consultant. Besides offering first-class content as you would expect it from a former McKinsey consultant, I place great value on well-structured didactics as well as a highly entertaining and creative delivery style. Let us be professional AND have fun!

3. What’s in it for you?


By completion of this course, you shall know whether or not a consulting career REALLY is the right fit for YOU. You will learn what consulting truly is about (and beyond the hype) and understand how everyday consulting life may feel for YOU. Put in a nutshell, you will understand consulting and benefit from these insights for the rest of your consulting career.

At the same time, you can be sure to receive authentic and truthful insights to the consulting industry, benefiting from my insider knowledge as a former McKinsey consultant, current independent management adviser and consulting industry expert. Last but not least, I have put my heart and soul into this course to make sure you do not only take the right decisions for yourself, but also feel entertained and have fun throughout this course… See for yourself! 😉

This course is organized in three parts:

PART A: Decide if you REALLY want to become a consultant

Chances are high that you are taking this course because you consider becoming a consultant and/or want to validate whether management consulting is the perfect career choice for you.

This is great! However, I am also aware that there is a lot of hype and brainwash around my industry. Therefore, I first want to help you ensure that you pursue a consulting career for the right reasons!

For this purpose, I have designed the interactive YOUinConsulting job test. At the beginning of this test, I I will ask you to rank your personal motivation factors to become a consultant. For each of these consulting myths, I will then reveal for you if they are true or false, and ultimately you receive an individual test result telling you how well your dreams and expectations about a consulting career meet the reality of consulting life.

While I want to pick you up from where you currently stand – an emotional idea about consulting that attracts you to become a consultant – I make sure that even while taking this test, you already gain lots of surprising insider insights about our industry that I promise will benefit you for the rest of your consulting career!

For the specific topics that I am going to cover as part of the YOUinConsulting job test, please refer to the course curriculum.

PART B: Understand what consulting truly is about

After these emotional highlights featuring your personal consulting career and life, in this second part I offer you a throrough introduction to the consulting industry. I will start by laying out for you in simple terms what consultants actually get hired for, what services consulting firms offer and how they organize it.

Since I reckon that you will probably love to work for McKinsey, BCG or Bain, I then deep-dive into the strategy consulting market. After presenting to you some surprising facts & figures, I will share my opinion on key players (tier one and tier two companies) as well as challengers (boutique consulting firms, inhouse consulting firms and smaller and medium-sized consulting firms), and will also devote special dedication to the Big Four companies (Deloitte, PwC, EY and KPMG). You will be able to understand commonalities and differences across these players and get further ideas on attractive employers even beyond McKinsey, BCG and Bain.

Furthermore, I reveal three megatrends to you that are currently shaking up the consulting industry and that I know you must be aware of – the earlier, the better. For each of these megatrends, I elaborate the implications for your consulting career and decisions.

PART C: Gain transparency on your individual consulting career path and life

In the third part of this course, I turn back to the personal and individual aspects of your consulting career.

First, I will help you explore the steps on the consulting career ladder you may take and help you understand the many roles you may adopt during your consulting career.

Second, I will invite you to take part in an exciting experiment – “consulting meditations”, through which I want to enable you experience truthful consulting project reports and thereby the light and shadow of consulting life yourself.

And there is so much more… I am excited to welcome you on the inside of this course 🙂


Your Dr “Jack” Jörg Leib





Getting started
What to Expect: Course Preview Video Trailer
Learning Objectives & Your Presenter
The YOUinConsulting job test: Do you REALLY want to become a consultant?
Management consulting – wish and reality: Why you need to take this test
Test instructions: How to take the YOUinConsulting job test
Consulting career check (1): Rapid career progress – true or false?
Myth #1: An excellent academic performance safely lands you a top consulting job
Myth #2: Your learning curve is extremely steep
Myth #3: Your career progress is determined by strictly meritocratic rules
Myth #4: After x years, you will become partner (consulting firm shareholder)
Myth #5: Career springboard management consulting: “Headhunter will chase you!”
Myth #6: Forever famous – the aura of an ex-consultant stays with you for life
Consulting career check (2): Fantastic job – true or false?
Myth #7: You contribute to the most meaningful ventures in history
Myth #8: Your work leads to change (“Impact!”)
Myth #9: You work at eye level with corporate boards
Myth #10: You get to explore many different industries and business challenges
Myth #11: Your day-to-day work is extremly varied
Myth #12: Your work makes the world a better place
Consulting career check (3): Unique colleagues – true or false?
Myth #13: “Join a firm with the best in class” — You work with top performers
Myth #14: The academic backgrounds of your colleagues are incredibly diverse
Myth #15: All your colleagues bring extraordinary experiences
Myth #16: Teamwork is key!
Myth #17: Consultants have access to a brillant network
Myth #18: In the consulting industry, hierarchies are flat
Consulting career check (4): Dazzling lifestyle – true or false?
Myth #19: You earn an above-average salary
Myth #20: An international career – you get to travel around the globe
Myth #21: Glamor & luxury – you fly business class and stay in exclusive hotels
Myth #22: Consultants work hard during the week, but the weekend is sacred
Myth #23: Working as a consultant is perfectly compatible with having a family
Myth #24: Consultants are (and remain?) fit, resilient and healthy
Your individual test result: Should YOU really become a management consultant?
How to derive your YOUinConsulting job test result
Score 0-14
Score 15-28
Score 29-42
Further remarks on the test – differences among consulting firms
Understand what management consulting truly is about
Consulting made simple: The top three reasons that consultants get hired for
The three main consulting service segments
Strategy consulting: What expertise is offered & how is it organized?
The who’s who of the consulting industry: more than McKinsey, BCG and Bain?
The consulting market landscape: surprising data and facts
The strategy consulting jungle: key players and their challengers
McKinsey versus the “Big Four” (Deloitte, PwC, EY, KPMG): Who is the number one?
Megatrends in the consulting industry and their implications for YOU
Megatrend #1: Increasing integration
Megatrend #2: Digitalization
Megatrend #3: From the generalist to the specialist
Your individual consulting career path
Your roles as a consultant
Your role #1: The (Junior/Senior) Consultant
Your role #2: The Project Manager & Junior Partner
11.3 Your role #3: The (Senior) Partner
11.4 Further roles you can play in a consulting firm: Research Analyst, IT Speci
11.5 Your career progress as a consultant
Consulting mediations?! Experience truthful consulting project reports
My invitation: Experience consulting life for yourself
Project 1: First steps on the learning curve – cut cost in the countryside
Project 2: Jet between four countries – for a continental infrastructure project
Project 3: Walk through fire for your ticket to the Wild West
How to move on: your consulting career plan
EXTRA LECTURE: Conclusions, next steps and further resources


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