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Wall Street Oasis » Forums » Consulting Cabaret
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anyone know about the companies on this list for management consulting?
 

manoftroy909's picture
manoftroy909
      O
 
(Monkey, 43
 
Points)
 on 8/13/07 at 2:14pm

http://depts.washington.edu/careers/job-intern/com...

I found that list on the UW website, and I was wondering if anyone sees any management consulting firms besides MTG Management consultants on it.

My second question is, since I know that MTG probably isn't a super reputable firm like MBB, if I were to go to UW, would getting recruited by a company like this be of any use? Would firms like this allow you to go to a good MBA program? Also, do these types of firms pay similar to MBB? I doubt they would pay as much, but do smaller firms like this still pay good money to their consultants?

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  • Consulting Cabaret
OnTheBeach's picture

My experience

OnTheBeach
      CO
 
(Monkey, 40
 
Points)
 on 8/14/07 at 3:04am

My experience has been that the smaller firms usually offer compensation competitive with M/B/B, and they often offer more money. A small firm trying to steal quality candidates away from other firms needs to offer more. The firms with the best names can offer a little less, at least in my experience.

As far as getting into a good MBA program - sure M/B/B consultants have extremely high placement rates, but keep in mind these people were good enough to get into M/B/B in the first place (probably went to an Ivy or Ivy-like school, high GPA and extracirics, etc). Get some good work experience, put together a good app (recs + essays + GMAT + interview) and you will should able to compete for a spot in a top MBA program.

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ideating's picture

???? Complete bullshit. Yeah

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/14/07 at 7:46am

????

Complete bullshit. Yeah there are some boutiques that pay at or slightly higher than M/B/B (the usual suspects, LEK, Marakon, Parthenon, etc.) and they typically also have very high acceptance rates to top b-schools. But sorry to say, the boutique you mentioned (MTG) and others like it probably will not pay as well, nor will they have the same acceptance rates. Any asshole can start a consulting firm, just because it is "small" and it is a "boutique" doesn't mean they can afford to toss around 70k at someone straight out of college + training costs.

Consulting firms sell only one thing, their people. If you seriously want to do consulting, don't go to a school like UWAshington. Before anyone says "oh it's a good school" or "I know 1 guy 8 years ago who got an offer to BCG from UWash", realize its almost impossible to even get an interview coming from a school like that.

Sorry to be harsh but you seem to be posting a lot of questions on consulting. The bottom line is go to a really good school, do really well, prepare extensively for the interviews and you will have a good shot. If you don't get in to a really good school and have to settle for University of Washington, then maybe you aren't qualified for the industry. Don't worry about the money, the experience, the b-school admission rates, all that will come if you do will.

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manoftroy909's picture

OK thanks for the advice

manoftroy909
      O
 
(Monkey, 43
 
Points)
 on 8/14/07 at 11:24am

OK thanks for the advice boozer. Sorry if I'm posting a lot of questions, but I really want to make sure I make the right choice.

So bascially, these are the schools I'm thinking about applying to:

-Michigan (transfer to biz school, or just do econ and CS)
-Wisconsin-Madison (I've heard that a lot of CEOs went here, but never hear of it in terms of target, etc.
-Texas at Austin (start in engineering, transfer to biz school after soph year)
-USC
-Emory (little to no interest in going)
-Washington
-Oregon (don't even rank this lol)
-North Carolina
-Maybe Cornell or Stanford

So can you rank them in order of best recruiting to worst?

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dwade's picture

you must be that

dwade
      CO
 
(Chimp, 7
 
Points)
 on 8/14/07 at 12:29pm

you must be that californialove kid who constantly pollutes the collegeconfidential forums with these retarded questions. after all the answers you've been given/times you've been flamed, you're still clueless...

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manoftroy909's picture

no, I'm not dwade.

manoftroy909
      O
 
(Monkey, 43
 
Points)
 on 8/14/07 at 2:39pm

no, I'm not dwade.

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jaclee317's picture

lol dwade. For some reason,

jaclee317
      O
 
(Senior Baboon, 244
 
Points)
 on 8/14/07 at 2:59pm

lol dwade. For some reason, I sensed that connection also.

Anyway, the consistent targets you mentioned are Michigan, Cornell, and Stanford. They actually give you strength in regional recruiting as well (consulting hiring is very region-based). So Stanford for SF/LA offices, Michigan for Chicago offices, Cornell for NY offices, etc. Wisconsin, Emory, USC, and Texas are good, but I would put them as semi-targets. I don't know much at all about UNC. I know it's a great school academically but have no idea about placement. Don't bother with the rest.

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aceman's picture

No offense, but just by how

aceman
      O
 
(Senior Orangutan, 395
 
Points)
 on 8/14/07 at 11:15pm

No offense, but just by how clueless you are, you're not getting into Stanford. I'm really not trying to be mean, just letting you know the reality. Kids who get into stanford know what they're doing, and they will not even begin to consider places like USC, UW, and the rest in your list.

People who apply to Stanford apply to others like harvard, yale, princeton, MIT, Berkeley.

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manoftroy909's picture

...when did I say that I'm

manoftroy909
      O
 
(Monkey, 43
 
Points)
 on 8/15/07 at 3:53pm

...when did I say that I'm getting into stanford? All I said is that I'll apply there. Calm down dude. What was that for?

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notanothertool's picture

manoftroy, please do not

notanothertool
      ST
 
(Monkey, 47
 
Points)
 on 8/15/07 at 5:33pm

manoftroy, please do not listen to these tools....I thought all the tools were on the ib forum but apparently I was wrong

OBVIOUSLY, going to an ivy league school substantially makes the whole recruiting and interviewing heart ache much more bearable but that being said, non-targets constantly and consistently make it into the industry

I have a friend who goes to a school that everyone goes "huh? where is that" when he mentions his school's name but, this same fellow has two ibd internships under his belt and he is just a sophomore. He is currently on bain, mck and bcg's radar for summer of '08, hasn't started interviewing yet, but has gotten interview confirmations from all three for internship recruiting for next summer.

If you want something, go for it. You don't have to go to harvard to get it. Heck, some people at Harvard don't even get into these firms and some people at no name schools get in. How do you explain that? If your heart and passion is in something, don't let anyone discourage you.

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ideating's picture

....What's your background

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/15/07 at 5:46pm

....

What's your background notanothertool? If you have had ANY experience in banking/consulting/HF/PE, whatever where there is a great deal of competition you will know that everyone went to a great school. Being constantly surrounded by people who went to ivies/ivy-equivalents, you will start to realize that is the norm in these places.

Calling me a tool for telling him to go to the most prestigious school he can get in to is doing him a disservice and is the exact kind of bullshit that the forum doesn't need. Yeah, you don't HAVE to go to Harvard to "get it" (whatever it is), but it makes it a hell of a lot easier. Your friend with 2 ibd internships either has ridiculous connections along with a great GPA or is imaginary. If manoftroy has those connections, then yeah it doesn't matter as much (though he should still try and go to a good school) but I am guessing he doesn't.

If you are seriously looking for an answer as to how some Harvard people don't get it and some non-targets do, yeah that's true it happens but there are a hell of a lot more Harvard people than non-targets in consulting.

Speaking from personal experience I went to a top 10 school for undergrad, but my firm doesn't even have a resume drop at my school. I was one of those non-targets who got an offer while all those Harvard people didn't but I will tell you it would have been a HELL of a lot easier if I was a Harvard kid. For example in my analyst class, there was me, one kid from Stern, and everyone else was from HYPS.

Anyway manoftroy, from your list I would probably go with Michigan (assuming you don't get in to Cornell or Stanford). I really hate to say this but if you want a general guide as to how good a school is for consulting recruiting, for privates go with US news rankings, for publics go with (roughly) Berkeley, Michigan, UVA, UTAustin, UCLA for regional.

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notanothertool's picture

boozer, you haven't said

notanothertool
      ST
 
(Monkey, 47
 
Points)
 on 8/15/07 at 5:50pm

boozer, you haven't said anything new, you just repeated what I said in 4 paragraphs

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ideating's picture

He was talking about

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/15/07 at 6:05pm

He was talking about choosing a school, and you were essentially saying it didn't matter which school he went to, heart and desire alone would be enough (cue Disney music). I was trying to show to you why you were being a naive idiot.

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manoftroy909's picture

hey boozer thanks for the

manoftroy909
      O
 
(Monkey, 43
 
Points)
 on 8/15/07 at 8:02pm

hey boozer thanks for the help man.

Very last question, then I'll probably not need to post on this forum for a while.

Is there a significant advantage of choosing UT over Mich if I know I want to live in the south, or do I just need to go with the name brand mich has? The only reason I ask is because I like UT a bit better, and so I was wondering whether I would be just as well off going there and having a better time, and maybe getting recruited in the south easier, or would I just want to go to michigan, because thats the best way possible?

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ideating's picture

Yes, if you want to live in

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/15/07 at 8:12pm

Yes, if you want to live in the south go to UT. I am almost certain that many major consulting firms hire from UT for their Dallas offices, which is usually one of the biggest US offices.

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manoftroy909's picture

Sorry, you've almost gotten

manoftroy909
      O
 
(Monkey, 43
 
Points)
 on 8/16/07 at 12:27am

Sorry, you've almost gotten rid of me, but I was just wondering if Texas's name will carry out in other southern states like Arizona, Colorado (well I guess CO is considered more northern, but it is still extremely close to Texas), etc.?

Although I definitely wouldn't mind working in Texas, especially the big cities like Dallas, Houston, etc., but I might want to live in Arizona because the phoenix area is appealing, so will going to Texas be OK for landing a job there or will ASU and UA (which I'm assuming aren't even close to McCombs in prestige) dominate Texas?

I know that I'll have to go further east to get recruited in Florida and such, but I'm wondering basically what other southern states I can feasibly be recruited at by going to Texas.

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ideating's picture

Why would you want to go to

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/16/07 at 10:12am
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notanothertool's picture

FYI: Boozer please next time

notanothertool
      ST
 
(Monkey, 47
 
Points)
 on 8/17/07 at 2:47am
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notanothertool's picture

Re: No offense, but just by how

notanothertool
      ST
 
(Monkey, 47
 
Points)
 on 8/17/07 at 2:51am
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smuguy97's picture

Re: Why would you want to go to

smuguy97
      PE
 
 
(King Kong, 1,004
 
Points)
 on 8/17/07 at 2:59am
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ideating's picture

If you think "naive idiot"

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/17/07 at 8:05am

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notanothertool's picture

oh please stop sounding like

notanothertool
      ST
 
(Monkey, 47
 
Points)
 on 8/18/07 at 4:28am
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ideating's picture

Lol... Going back to the

ideating
      O
 
(King Kong, 1,548
 
Points)
 on 8/18/07 at 4:45pm

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Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

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  • I've already bought Case In Point and the WSO Make Your Case guide. I know that there are a lot of options, services, and books available for people looking to break into Management Consulting. I am dedicated to becoming a consultant and am willing to do whatever it takes, but I think an...
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    Consulting in the Healthcare Industry - Providers
  • I'm a rising junior interested in going into banking. I need some help editing my resume. Tell me what you think. Thank you for your...
    Resume help
  • Hi everyone, I have a degree in Biology (Tier 1 if that even matters) and have worked in basic science, biomedical device/pharma and clinical research for the past three or so years with multiple publications. I hate it. Thus, I have also taken micro/macroecon courses, as well as a few post-bacc...
    Life science consulting
  • I just don't get the hate towards hedge funds and successful investors in general. I get that some people (i.e. Rajartnam) cheat the system and should be prosecuted but lots of it seems overblown. For example, people compare Stevie Cohen to Madoff yet Cohen's been watched like a hawk by...
    Why does everyone hate hedge funds?
  • I'm thinking about doing an Internship from mid-January to late February (2014) in Brazil, possibly in IB or S&T. Does anyone have any tips on Brazilian internships? I have some experience in S&T (at a BB) and I already have a summer position in S&T for 2014 at the same BB....
    Internship in Brazil - Any advice?
  • In Joshua Rosenbaum's Investment Banking, free cash flow is calculated as: EBIT(1-t) + D&A - Capex - Increase/(Decrease) in NWC. Most sources present the formula for free cash flow this way, without any mention of stock based compensation. However, in the Breaking into Wall Street modules,...
    Stock-based compensation and free cash flow
  • Is there a better or quicker way to stimulate direct foreign investment into U.S. companies? Shuld the holding period be reduced to 180 or even 90 days? Any down side? Should there be a minimum of a $5 million block of shares? What do you...
    What's YOUR Opinion Of Regulation S?
  • Being a trader (specifically an equities trader with a proprietary firm, yes still currently employed by the trading firm I am with.) for the past seven years I am tempted to make a leap into being an er analyst. Trading has fizzled out and at this point in my life it's not worth the risk as I...
    Making the leap to ER Analyst, thoughts?
  • I'm a rising sophomore looking to revise and update my resume for this coming fall and spring. Now that I'm no longer a freshman I'll ge betting rid of all of my high school stuff, except maybe one internship that I wasn't sure about. I was 17 and still a HS student when I...
    High School Stuff on Your Resume?
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    Debate of the Legends: "Anatomy of a Corporate Takeover"
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I was writing an email to a fellow monkey who is about to start as a banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the Moelis/Houlihan/Evercore type firms (I call them the firms where most people will...
15 things I wish I knew as a first year banking analyst
This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
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MSF Question and Answer
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I work as a currency volatility trader and manage one of the bigger G10 blocs in London. I've been lucky enough to get responsibility early in my career. I started off managing a single currency book a few months into the job, and have steadily been granted more responsibility to where I am...
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I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
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