Stopping at an MA Econ or get a PhD in Econ for Top Consulting Positions at Top Firms?

Hi everyone! I was wondering if anyone can shed a little light/advice/insight into Economic Consulting, and if I should pursue a PhD to get into top positions in the field, or if a MA will suffice?

I understand that a PhD is a huge loss in potential earnings during a 4-5 year period, but I also worry that if I don't get a PhD (did not do my Bachelor's or MA at a top 20) I wouldn't be able to get into the highest paid positions/there will be a serious ceiling I would reach? I just don't want to get to 45 and realize I should have done a PhD (as knowing me I would not go back and get one at that age), but with so many people getting MBA's and joining these jobs with just a Bachelor's/MA, I worry I'd be making a stupid financial decision, but if I don't get the PhD, I'd be making a stupid career decision?

Any insight/knowledge from people's experiences would be great!!

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u/Class-A_Star100 — 4 days ago

Econ Consulting With A MA in Econ or PhD in Econ job Prospects and Earnings?

Hi everyone! I was wondering if anyone can shed a little light/advice/insight into Economic Consulting, and if I should pursue a PhD to get into top positions in the field, or if a MA will suffice?

I understand that a PhD is a huge loss in potential earnings during a 4-5 year period, but I also worry that if I don't get a PhD (did not do my Bachelor's or MA at a top 20) I wouldn't be able to get into the highest paid positions/there will be a serious ceiling I would reach? I just don't want to get to 45 and realize I should have done a PhD (as knowing me I would not go back and get one at that age), but with so many people getting MBA's and joining these jobs with just a Bachelor's/MA, I worry I'd be making a stupid financial decision, but if I don't get the PhD, I'd be making a stupid career decision?

Any insight/knowledge from people's experiences would be great!!

reddit.com
u/Class-A_Star100 — 4 days ago

Looking to make friends/Social groups/Activities (Age: 23F)

Hi! I'm moving to Montreal in a couple weeks and was wondering the best place to make friends? I understand you can join clubs/sports and such, but does anyone have any good examples for places to join in September-December?

I'm looking to just make friends (not to date), and would love to meet people my age, and just build connections, so any advice/suggestions for cool places to go too/clubs to be apart of would be amazing!

Also, does anyone know any specific, great places to network in general (professionally; ex. Specific sport groups or social clubs, cafes, events, etc...)?

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u/Class-A_Star100 — 4 days ago

When do Fall 2027 Internships Open For The Large Companies in Finance/Consulting?

Hi all! I currently have sucured a year long internship from until the end of august 2027, so I am currently looking to apply for Fall 2027 internships (specifically open to Masters/Grad students). Does anyone have any ideas when they open, and the best places to look out for them (besides their individual websties)? I know theres a lot of helpful links on reddit for Summer internships, so is there anything similar for the Fall ones?

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u/Class-A_Star100 — 1 month ago