An MBA job at McKinsey & Co or BCG was once the pinnacle for MBA students. But for graduates of elite schools like Harvard, Stanford or Wharton, freelance consulting is increasing alluring.
As the rise of so-called unicorn companies like Uber or Airbnb valued above a billion dollars has spurred the gig economy, for a growing number of MBAs, the flexibility of short-term projects trumps the prestige of Bain & Co, et al.
Harvard MBA Marta Mussacaleca worked at McKinsey and BCG before business school, but turned to HourlyNerd, a freelance consultancy site, to earn cash during the two-year degree.
Some projects were more enjoyable than at established firms. They have pushed me to become more adventurous, she says. Not having an evaluation committee scrutinizing your every move frees up creativity. I basically get to be my own consulting firm and am exposed to every single element in the process....