After seeing that business school applications are up, following the release of professional staff from banking etc, I see the consulting sector is suffering a down-turn [Economist, 20-26 Sep]. They should have anticipated this, and planned accordingly e.g. with their hiring from a couple of years ago, because it’s exactly what happened after the dot-com bust.  Back then, there were horrendous stories of consulting firms withdrawing job offers to MBAs before they even got to the door. One firm I hear treated ...