Well, that is Socialism for you. The market is now awash with "graduates" with the thresholds and standards much lowered. Everybody is equal and this is the result. MBAs are now also two a penny and the market has become so diluted that only an MBA from one of the top 4 or 5 Business Schools counts for anything these days, and even then not now for very much. The truth is that true expertise and true professionals are becoming much harder to find, largely because in any case hardly any companies want it or them any more, including consultancies. Its all about the bottom line: if a company or consultancy hires the cheapest instant Peter Principal candidate they can find they have a tremendously increased mark-up on engagements, which at least temporarily makes things look good for the senior managers. I would suggest you "pay your money and take your choice". But remember "A bird in the hand is worth two in the bush". If you can get any job which pays better money now then it could be better than one which "might" pay better later - perhaps. (Nothing is certain in the future.) That's what Discounted Cash Flow is all about. A lot of people seem to have lost sight of the realities of total net yield from lifetime employment relative to actual hours worked. You really have to consider all parameters - unpaid travelling time, unpaid overtime, time away from home, post tax yield over working lifetime with no retrospective allowances for studying/training tax years, the realities and risks of actually receiving the promotion/salary increases which you expect you are going to get. (Many of us even with the best qualifications do not make it and suffer redundancy instead when there is an economic downturn; if this occurs after a certain age, currently about 35, you are finished in any profession and would have to then look at a job like a tube train driver, taxi driver, B&Q assistant etc. in any case as all you will be able to get, despite your qualifications. If you do that job to start with and continue with it instead of fighting for a few years consultancy after which you could be redundant and thereafter on the scrap heap you could easily end up with a higher tax-paid yield over your working lifetime by opting to start and continue a so-called lower skill-level job, although your degree would then be effectively wasted. You would not be alone because most "graduates" are now having to accept traditionally non-graduate jobs, where their degree is effectively wasted, because the market is awash with new graduates. The truth is that a truly intelligent career decision has to be based on a very complex algorithm. Most of us do not understand these complexities at the time we have to make these decisions and worse we cannot see what the future holds with changing trends and future economic mis-management by governments leading to personal disasters. All you need is a crystal ball. I am not sure where they sell fully working ones?