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How To Break Into Management Consulting By Pursuing An MBA
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Breaking into McKinsey: so easy a caveman can do it
^not serious. My friend got an offer from blackstone but didn't get one from McKinsey. I hear they are huge on GPA and quant skills.
This is just one example. Blackstone is definitely more selective than MBB (at least private equity). Yes they are huge on GPA, not as much on quantitative skills though (I mean you cant be bad at it obviously). They hire history/sociology/anything majors and it is unfair to expect the same level of mathematical ability as say a computer science or math grad.
This is interesting. I always considered Blackstone/McKinsey to be on a par for selectivity, as at a post-MBA level they seem to have a similar number of places/applicants. Do you perceive Blackstone to be more selective because of their narrower recruiting patterns (I.e. no grads, more PE-experienced focus)?
Even from top MBA programs its difficult to land a job with McKinsey. This VC's blog I follow worked for McKinsey. He was an EE from Princeton (around a 3.8 im guessing) interned at Oracle & GS IBD. He said they told him he was an ideal candidate if that helps at all.
in 2006 McKinsey was #1 in most desired employer by MBA students
2 in 2007, 08, and 09 behind Google
dont quote me on this, but i believe its slightly easier going in as an MBA than out of undergrad
and yes if you can get into Stanford GSB then you should be fine
.
One of my interviewers told me this in my interview.
There are probably fewer schools they look at for Associates than BAs, but they probably hire deeper into MBA classes.
They recruit heavily from H/S. As a matter of fact, they're interviewing people starting this week and they had a LOT of open spots. I think that MBB had more open spots than could possibly be filled. Interestingly, I've also seen they advertised heavily to gather interest but they're being somewhat conservative in extending offers. Perhaps because a lot of people are targeting other things and are just hedging with MBB which causes them to be under-prepared for the case interview. That's what I've observed.
As much as I like ripping on consultants, it is really rad if you can land a position with them out either undergrad or MBA. But what's the big benefit (relatively). I haven't seen nearly as many McKinsey people in PE or really even VC for that matter. I may be off, but it seems 3~4-1 at least. Where else do MBB's exit to?
Remember there's far more banking positions than consulting for starters.
The other major exit is corporate positions, more than PE/VC.
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