Consultant Undergrad Internship Trajectory
From what I have seen, the common path on getting into IB is as follow:
Freshman-PWM, Sophomore- boutique SA, Junior- BB SA, Senior- BB FT offer.
However, I am interested in management consulting but I am uncertain of what it takes to get there. Do you guys have suggestions?
There is no straight path for MC because they tend to recruit highly diversed students.
I have friends who did marketing internships, ops (project management), boutique consulting, or the summer internship before receving their FT offers.
As mentioned above, there is no traditional path. I did two engineering internships before getting a full time MBB offer.
While it's true that consulting recruits from diverse backgrounds ,there still are somewhat standardized paths to consulting from your junior year summer to MBB FT.
1) Consulting internship to consulting FT (either within the same firm or switching from one firm to another) 2) IB internship to consulting FT 3) F500 corporate internship (mostly in strategy positions--"Business Analyst" programs) to consulting FT
The above three covers a good portion of an incoming class.
+1 this. I was number two on that list, while the vast majority of my incoming class fell into that one of the three buckets.
It varies by office. I'm in a smaller office that doesn't really follow those buckets.
So they are all business internships. Lets say I do a BB IB internship in Asia (HK), would that be more valuable than doing a boutique or non BB IB internship?
How is breaking into consulting from undergrad differ from IB? (Originally Posted: 09/04/2011)
How does breaking into the consulting industry differ from IB ?
For undergrad is it just landing a junior summer internship and turning that into a job? and what can a Sophomore do to become a more desirable candidate.
Use the search function.
Consultancy is a lot more about industry experience, and many firms are also willing to consider you if you're from 'abnormal' backgrounds.
In IB, the process seems to be stricter and more regimented. Junior internship > FT > MBA > Associate.
thank god for management consulting!
While the OP should have used the search function, a few thoughts:
Is their a set interview schedule for recruiting out of undergrad? When should one start doing case reviews in college to prepare for FT interviews?
^ I'll be searching for answers to just figured I'd post as well.
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