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Nobody gives a shit about fourth-tier careers. Stop making these threads about ops, seriously.
lol, its ironic that your username is humblethyself and you post a comment like that. just my 2 cents
I'm pretty sure the time for snobbery about ops is over. Lot's of people would kill for an ops job now. Plus, I don't think, even in the heyday, ops was a "fourth tier" career.
humblethyself, with that attitude you will be quick to be snatched up by cuomo, why dont you throw the ego in the backseat for 2 years
If you are some sort of whiz kid from NYU with really sound excel skills.
You stole my post. Hilarious
serious answers please
So I take it that you have given up on the dream?
..goal seek buddy, cmon.
We're about to enter a Great Depression. Don't you want a president who's already dressed for it?
If you only knew how many people are doing whatever they can do right now to get an ops position in buyside firms. I'm talking guys with previous BB IB experience. Is it their ideal dream job, maybe not, but its experience and if it's with a reputable firm, it doesn't hurt - if you do well there and they like you, moving into something with more of an investment role/position, suddenly becomes a lot easier once your foot is in the door.
i think people are pretty much getting at studentx because..well you should see the thread "the prestige"
u'll see why ppl are getting on him about ops.
We're about to enter a Great Depression. Don't you want a president who's already dressed for it?
First make sure you know the difference between BB "operations" and "operations" consulting; they are two completely different jobs.
An operations position at a bank would entail things like reconciling trade accounts. You're basically the third man down the line from the trader, with trade support being the middle man.
Operations management involves product development, production & distribution. You manage things like purchasing, inventory control, logistics, etc. So a consultant would advise on these areas.
In short, the skill set from BB ops wouldn't be particularly transferable to operations consulting. But if consulting is something you want to do, just make a concerted effort to learn about the focus areas and wait for business school.
Haha thanks for rectifying that cornelius.
Operations Analyst to Operations Consulting (Originally Posted: 02/19/2015)
I'm inquring if Operations Analyst (Client facing) experience would be beneifical for operations consulting positions with Deloitte, KMPG, ect during OCI. Basically I'm wondering if the skills and experience gained as an Operations Analyst in an investment bank are transferable to consulting.
PM me
PM Sent. Thanks!
What was the follow up?
Care to share. I am curious
Analyst to Consulting (Originally Posted: 10/30/2008)
I've recently accepted an Operations Analyst position for a top BB (GS/MS). This is what I wanted as I enjoy process improvement and project management, though I know the knee-jurk reaction on this site is opposite.
I was a SA and not to sound pompous, believe I was the top one or two analyst and will be placed in a consulting/project role vs. a documentation/data-entry. Background: Semi-Target, 3.6, 3 internships, diversity candidate, excellent leadership ECs, etc.
Long term, the idea of strategic management consulting is appealing...
Is it possible to lateral as a Business Analyst at a BB to a BA at Mckinsey/Bain?
What's the best way or route to position myself?
Any advice, thoughts, or knowledge of other's experience would be appreciated...Thanks!
lateral, probably hard--business school would make that a lot easier. but if you're interested in process improvement/project mgmt, you'd probably be better suited to go to a more supply chain consultancy or something like that. MBB would still be a stretch I think even with b-school since in general ops is looked down upon (most former finance people i've seen at MBB are former ibankers or some other FO position, or from finance in industry ie GE, Amex etc)
in this environment, i think everyone is equal do what you feel is best. impossible is not an answer
Could you define "diversity candidate"?
doesn't that just mean not white?
consultant09-correct
no, it means black or hispanic.
asians are not white, and decidedly not diversity candidates.
ummm pacific islander? hello?
At the MBB I was at last summer, "diversity" was defined as being hispanic or black.
(Which was sort of bullshit - one guy was from a really poor Flipino family and wasn't considered "diverse" while the guy from an incredibly wealthy, well-educated Cuban family was)
Easier for Operations Analyst to move to IB or Consulting? (Originally Posted: 03/24/2015)
I was wondering if anyone can provide insight into this that made the move into consulting or Ib from BB Operations/Risk.
For me it was slightly easier. I just recently got an offer at a smaller consulting firm but with partners and managers that are ex-MBB. I think having a BB on my resume helped but I still had to network and was able to get an interview through a referral. I went through 3 rounds of case interviews, 1 behavioral and 1 presentation in front if Engagement managers. I also had a couple interviews at start ups for strategy postions.
All in all, it makes it easier to break into other industries as long as you network really well. Not so sure if IB is possible from back office without some serious connections or getting an MBA.
@wannabeconsultant999
Was your operations stint full time or was this an internship in undergrad?
Sent you a pm
Goldman Ops to Management Consulting (Originally Posted: 11/25/2013)
Hey guys,
I apologize in advance as I know there are tons of threads about Operations and back office jobs. My case is slightly different in that I'm more interested in consulting rather than gunning for FO jobs like most people in Ops.
Just a bit about me, I go to a SUPER non-target with literally the worst OCR in the world. My original intent was going to medical school (our school has about 90% acceptance rate to med school) but later realized that it wasn't what I truly wanted to do. Anyways, I've been working my butt off trying to network with alumni and have been cold calling companies and recruiters. So far, I have a possible interview with Accenture but nothing else besides that. Our school's alumni really suck and we literally have no one in management consulting (maybe one or two in technology consulting....). I managed to get a full time job offer at Goldman Sachs Ops division in SLC and worst case scenario, it will be the only offer I get.
Has anyone here ever moved from a BO job to management consulting at a tier 2 consulting firm? I plan to work in SLC for a maximum of 2 years and continue to network. Any advice on what I can do besides relying on my crappy alumni network? Do you think having Goldman Sachs on my resume will make a significant impact when applying for consulting positions even if its in the Ops division? Thanks!
Also interested
simply put, having a brand name like GS will certainly open doors for you in MC. However, it would be difficult to get a job in MC after GS. Typically people go to bschool then into MC if not straight out of undergrad.
The short answer is yes - despite what some people will have you believe here on WSO there is opportunities to move from BO to FO (especially if you target industry-focused boutique MC's or Tier-2 shops). Currently working at a boutique MC where our most recent analyst class ranged from fresh graduates from Ivy targets to a guy who spent several years in the MO / BO at one of the major BBs.
That's a huge relief! But how does one get connections to these boutique/tier 2 firms when I literally have zero alumni connections? Simply cold calling? Do you think having a BB on my resume will make a difference when applying for jobs online as well?
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