Post offer - Tips on how to prepare for a full time consulting role

Hi there,

I have signed with L.E.K. Consulting to start as an Associate at there Sydney office in Australia in February 2014.

Currently I am finishing the final year of my undergraduate law degree. Because I'm at university this final year I have a decent amount of free time and hence was wondering what would be good preparation to undertake before I start at LEK.

I've heard the learning curve for undergrads is quite steep, so would be eager to here anyone's advice.

Cheers

 

Hey. I am in almost the exact same position (starting with Bain Australia in Feb 2014) as an Associate Consultant and asked the exact same question of a few of the partners in the firm. The most common thing they told me was to just enjoy any time before starting, doing whatever I want without worrying about preparing. Beyond that, I got a few book recommendations (various business topics, mostly Bain published books though), which I'll look into later in the year. I am also thinking about purchasing Victor Cheng's "How to Succeed in Management Consulting" (caseinterview. com/hsmc), which seems like a relatively small investment in comparison to future earnings.

I'd also love to hear from somebody else more experienced though!

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (345) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”