If a Masters is purely to help you get a top consulting job, then you need to consider why you didn't get the job, and what it is that might be able to improve your chances next time.Did you get passed the CV stage? If so, academics aren't your problem and so Masters is not worth it. If you did get rejected at CV stage, look at your CV - is academics the weakest bit or is it other areas (like work experience) that is weakest - ask friends for advice. If academics are not your weakest then Masters probably isn't worth it.If academics are the weakest bit of your CV (and your CV wasn't up to scratch before) do you really think that a masters is going to make the crucial difference (in my experience this is rarely, if ever, the case)? If not, then Masters isn't worth it. Synthesis: I have maybe once or twice seen someone use a masters to good effect to help their chances at MBB (Judge has a good one-year masters for instance), but it is very rarely a good investment if all it is for is improving your chances of getting into one of 6 consulting firms.