I am truly interested in consulting and hoping to pursue it after my masters degree. I do hope it will remain a top industry in near future. I do have to raise my concern and partially agree with observations in this article. I often wondered what do kids from ivy league schools and degrees in literature, geography or history, know about business to be hired by top management consultancies and to give advice to CEOs and manager who actually run the companies, who actually employ people, make profit, contribute to the economy and society in general?!?!?!?! On the other hand, the same question some people ask about consulting (what is it that consultants actually do?), can be asked about so many other jobs in marketing, sales, IT, legal, and etc.!!! If people can find ways to make money, so let them, as long as its legal, of course. Markets are open for everyone. MCs are only doing what they know or think they know and are being paid for it. The aren't committing any crime.