F100 FLDP --> Consulting?

Hey all,

I searched but couldn't find much on how difficult it is to transition from a F100 FLDP program after 3-5 years to consulting. Could anyone speak to this? I'm not so much interested in MBB as I am in some of the 2nd tier alternatives or even boutiques. Is an MBA necessary? Also, what title would you come in at?

Thanks in advance!

 

An MBA is generally the easiest and most efficient way. I'd probably start networking with boutiques and Tier 2/3 shops. Figure out a plan and look to make the leap after your done with your program. Can I ask why though? Barring truly loving consulting, most people do it with an expectation of doing a few years and then hopping to industry. If you're doing a FLDP, you are getting the acceleration and visibility consulting provides and I think it is unlikely to really do you as much good as if you were starting straight out of college in it.

 
guyfromct:

.... Can I ask why though? Barring truly loving consulting, most people do it with an expectation of doing a few years and then hopping to industry. If you're doing a FLDP, you are getting the acceleration and visibility consulting provides and I think it is unlikely to really do you as much good as if you were starting straight out of college in it.

Some of it has to do with prestige and also variance in work. After your FLDP rotations in corporate finance you're usually not going to get many opportunities at varying experience anymore. In consulting, one has the opportunity to do engagements with multiple clients.

 

I think it depends on your FLDP experience. Any exposure you can get to strategy/operational type work the better. (just like you'd corp dev type work if you wanted IB). Stay away from "glorified accounting" jobs. I'd probably go that route before pursuing an MBA. If it proves difficult, MBA may need to be considered.

 
Best Response

When I was recruiting I met consultants at all major firms with LDP backgrounds (not just finance - also operations, engineering etc.).

MBB love LDP backgrounds, especially at blue chip companies - perhaps even more than IBD experience - because you get to work (=learn) in multiple roles , get experience interacting with senior leaders, and because you will have functional expertise to share with clients which increases your credibility as a relatively young consultant.

Recommend doing the LDP, then do an off-program role at the same company for 1-2 years, and then go to business school. If you recruit after 2 years to MBB, you will still be coming in at the undergrad level and it is a huge backwards career move vs. taking an off-program role. The off-program role will also look better to MBA programs (you are better off being, for example, a P&G Brand Mgmt rockstar for 4 years than 2 years P&G + 2 years MBB (in the latter case, you might be competing for a spot with somebody who was e.g. 2 years MBB and 2 years Blackstone - while sticking with P&G would have you competing against other F500 types)).

 
AriZGold:

When I was recruiting I met consultants at all major firms with LDP backgrounds (not just finance - also operations, engineering etc.).

MBB *love* LDP backgrounds, especially at blue chip companies - perhaps even more than IBD experience - because you get to work (=learn) in multiple roles , get experience interacting with senior leaders, and because you will have functional expertise to share with clients which increases your credibility as a relatively young consultant.

Recommend doing the LDP, then do an off-program role at the same company for 1-2 years, and then go to business school. If you recruit after 2 years to MBB, you will still be coming in at the undergrad level and it is a huge backwards career move vs. taking an off-program role. The off-program role will also look better to MBA programs (you are better off being, for example, a P&G Brand Mgmt rockstar for 4 years than 2 years P&G + 2 years MBB (in the latter case, you might be competing for a spot with somebody who was e.g. 2 years MBB and 2 years Blackstone - while sticking with P&G would have you competing against other F500 types)).

This here is the greatest advice directly about this I've read.

+1

Thanks for this!

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