[lumberjack]

Well sometimes you still need that Ph.D, though.

I recently enquired about a possible career at a small (<50 people) consulting firm. They do mathematical modelling and consulting and have scored a few high profile contracts. The work is interesting, easier than the typical Ph.D stuff and yet still challenging and varies a lot.

BUT! They pretty much only hire Ph.Ds. Why? It's mostly a reputation thing. When they send you to help out a client they don't want to send somebody who "only" obtained a masters.

The firm was started by two Ph.Ds out of school and could essentially be considered a startup. Barely 10 years old I believe.

[dejv]

There is distinction between consulting company, new business and startups.