Oliver Wyman

are you thinking about general management consulting (formerly known as mercer management consulting) or financial service consulting (formerly known as mercer oliver wyman)?

He is clearly talking about Oliver Wyman.

Comp is highest of any consulting firm, rep is solid but it will be a tough sell to get out of FS.

one helpful thread below if you do a search....

http://www.wallstreetoasis.com/forums/oliver-wyman-financial-services

Thank you!

Does any one know about the exit opp of Oliver Wyman( Financial services)? What are the chance to switch to MBB or BB bank after working there for 2-3 years after an IVY undergraduate?

It's claimed on their postings that "95% of Oliver Wyman applicants gain admission to one of their top three choice business school programs." but I am really curious that what kind of B-school does ppl really get into? what's the percent of HBS, Warton,Stanford? Thanks a lot!

i dont think their bschool placement is that great, but i dont really know. i think a lot of people there just dont go to bschool at all...

Hey guys,

I met an associate a few weeks ago and he told me that typically, consultants got into the top-10 bschools after 4 years at OW. He mentionned Harvard and Wharton. Can somebody confirm this piece of information? I was really impressed.

That's pretty believable. xqtrack- what are you talking about?

heard massive capacity issue with OWFS NY.
Think delayed start to January.

Top consultants 2-3 years in have left for middle market PE or smaller hedge funds.

as a former OW consultant I can tell you that it is VERY difficult to get out of FS and transition into PE, hedge funds, asset management. I felt very lucky when I did it, but do keep in mind that very few people succeed in transitioning into the above-mentioned fields (maybe 3-4 ppl/year, and very few of these go to prestigious PE/hedge funds/asset management firms). OW FS has no reputation out there, either good or bad, since most PE firms or hedge funds haven't even heard of the name. So if you're worried about exit opportunities, OW FS is NOT the best career choice for you. Go for MBB or investment banking!!!

yes, that is true, massive capacity issue and counsel outs everywhere - a sinking ship

Probably a fair assessment.

actually, i think going into pe is going to be much easier for OW consultants in coming years...while theyve gotten hit hard in a lot of divisions, their PE due diligence business has skyrocketed because there are so many distressed financial firms that pe funds are looking to buy, and ow has a natural pitch to be the diligence leaders (and has been winning major mandates).

and while there have been capacity issues, my understanding was that counsel outs were restricted to support staff, although who knows...

I saw on their website that one of their entry level analyst got a chance to go to antartica which I thought was wicked.

Ling~

I can't think of any good reason why going to Antarctica for a case would be in any way appealing.

Penguins.

Igloo Investments.

Duh?

that's friken hard core Private Equity DD right there. Every legit PE professional needs Antarctica execution experience