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Earnings and Cost Management | Big Fat Finance Blog

Chris McKittrick

Wed, 05 Aug 2009 19:39:56 GM

As second quarter earnings season has played out over the last several weeks I think it is fair to say that more often than not numbers were made despite drops ...

What's the difference between management consulting and industrial organization psychology?
Q. I'm a Psychology major that is looking to get into either management consulting or I/O Psychology. Is there a difference between the two? Personal tips, experience, etc. are very helpful! Unfortunarely, I do not have any experience in this field yet. Does my Psychology degree give me a good chance at landing a job in a consulting firm? What else is needed in order to prepare for such a career? Thanks!
Asked by nateschreiber86 - Mon Jul 30 14:36:06 2007 - - 2 Answers - 0 Comments

A. There are most certainly consulting firms which hire predominantly I/O psychologists- in fact they are quickly growing in number. If you have an advanced degree from a good school, you can most certainly land a job with one of these companies. Your Bachelors in Psych wont get you a job with a consulting company, but a MA in I/O psychology most certainly will. The difference between management and I/O consulting is the background and approach- I/O psychologists rely more heavily on empirical findings, data collection and analysis, research, and in general a more scientific way of approaching a consulting role. In other words, while they are similar, there is most certainly a difference. Your best preparation for a career in this field is… [cont.]
Answered by Staples are made of metal - Mon Jul 30 15:56:14 2007