how to break into management consulting?

Hello everyone,

I am in first year university and I am looking to potentially find a job in consulting. However, my GPA is absolute crap (2.0). Plus, my school is mainly for accounting and rarely any consulting firms hire from my school.

What GPA should I aim for to break into consulting?

Any other advice? Thanks!

 

Obviously it depends but if you go to a non-target I'd shoot for a ~3.7. I went to a target (for my firm) and had a ~3.6 (with 2 majors) and I'm on the low end of offers from my school.

As for breaking in start networking now. Search for people who went to your university and that currently work at the firms you're interested in. Let me know if there's any other guidance I can provide.

 

Ladies and Gentlemen,

Another newbie here. I come for assistance as well. I currently work at a financial services firm in the online lending industry based in NYC. I have been with the same company for over a year and a half and have been very successful in my time here. With that being said it's not an industry I wish to be in long term and am very intrigued by the consulting industry. Solving complex and new problems offers a consistent learning curve and at times I'm sure can be difficult. With that being said I'm not very sure of the consulting landscape. Outside of the research I've been on the top tier firms I'm not sure how to get my foot in the door. I attended the University of Buffalo with a management degree and a focus in finance but completed with a sub-par GPA hovering around 3.0 (Class 13'). Is there any mid-tier firms you recommend or particular areas that I should look to specialize in? I know this post is pretty vague but I'm very much committed to this transition.

 

did you go to Dallas for your KPMG case study comp? I ask because I had a few friends go recently. As for the consulting thing, the answers to the following questions will help narrow your focus and get answers better tailored to you.

Where did you go to school? When are you graduating? What is your GPA like? What kind of consulting do you wish to pursue? Do you know anyone working in consulting currently?

 
Best Response

People come into MBB from engineering all the time (from what I've read), so I wouldn't worry about that. If MBB recruits at NIH things will be a lot easier because you'd be more likely to have your resume looked at, and be offered an interview. If not, you should try to network with some of the alumni to see if you can get someone to give your resume to a recruiter. Here is a networking group that might be applicable to you that I discovered using a quick google search:

http://www.linkedin.com/groups/Fellow-Consulting-Club-NIH-3968627

I think this would be a good place to start in terms of finding people who could get you the information that you're looking for (that would be more specific to you), and hopefully net you some more high-yield methods than just going through the on-line application process. I'm not sure what your degree levels are, but you should probably figure exactly what position you're eligible for based on your background. This would be a good place to start.

McKinsey: http://www.mckinsey.com/careers/your_background BCG: http://www.bcg.com/careers/is_bcg_for_me/backgrounds/default.aspx Bain: http://www.joinbain.com/apply-to-bain/your-background/default.asp

One blog that I looked at a lot over the past couple of weeks http://consideringconsulting.blogspot.com/. He was a post doc who was gunning pretty hard for an APD hire in one of the MBB firms. I found it helpful because he also shares the perspective of trying to break into consulting from a technical but non-business field. He shares his experiences during the process with quite a bit of detail; there are lots of comments, anecdotes, etc. to go through. I found it informative. There's also a lot of info on this website if you search. It takes awhile though.

HTH.

 

Why the sudden interest in consulting/business?

You'll need to answer that somehow, preferably have it reflected in your resume. If possible, try to take some business-oriented courses at NIH.

Consulting firms love engineers, cause engineers are trained to solve difficult, abstract problems. Most consultants come from engineering. When McK came to recruit at my school, they held 2 infosessions - 1 for the engineering school and 1 for everyone else. So... the technical background isn't an issue... you just need weave a back story as to why you are now shifting interests.

Learning about the industry should be easy. There's info everywhere. For recruiting, you'll need to finagle your way into the Fall recruitment cycle... and begin studying/practicing for case interviews.

 

Honesty if you have a biomed degree and a desire for highly technical work, please don't go to a Big 4. Waste of talent.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

MBB recruits directly out of NIH, almost like on campus recruiting. Just look/ask around, they have info sessions there all the time. Go to those events, have a good story on why you want to make the switch. Plug yourself in, and see what happens from there.

 

Business school is useless if you want to be an accountant. Focus on getting a masters in accounting and passing the CPA exam.

It's hard to say what the "best" path to success is, but as long as you work hard, do well in school, actively look for internships and other jobs, keep busy with clubs and are not completely socially inept you will be fine.

 

^agreed. Unless their dad own's the place.

It sounds like a solid opportunity. I'll echo everyone else. You could get that job, get an MBA at a good school, and then have a chance at a top consulting firm. You will not be able to lateral to MBB, but from my understanding there aren't many places from which one can lateral to MBB.

 

Your best shot here is to contact alumni of your school working in the field right away. Get a phone call or an in person meeting, explain your situation and ask them how you can best position your self for a career in consulting. Also, I believe consulting interviews are in mid January, so I'd get on top of the case interview format as a pre-emptive tactic if I were you.

You HAVE to get in front as many people as possible, because all it takes is one guy putting you through to the person doing the hiring, and I'm sure with your stats you'd be considered for an interview at least.

Good luck.

 
CNB90:

Your best shot here is to contact alumni of your school working in the field right away. Get a phone call or an in person meeting, explain your situation and ask them how you can best position your self for a career in consulting. Also, I believe consulting interviews are in mid January, so I'd get on top of the case interview format as a pre-emptive tactic if I were you.

You HAVE to get in front as many people as possible, because all it takes is one guy putting you through to the person doing the hiring, and I'm sure with your stats you'd be considered for an interview at least.

Good luck.

Definitely start with alumni - the last class we hired before I left had three UT-Austin undergrads I believe; never met any of them but for the southern region offices at MBB a lot of schools you would not think of as "target" (e.g., Rice, BYU, UT-Austin, Georgia Tech) are very much in the mix [before anyone yells at me for saying your school isn't a target normally, I'm just going by what I saw during recruiting ex-southern offices].

 

Also, it definitely won't hurt you that you're studying engineering and economics, especially not with your GPA. Keep up the GPA and perhaps try and get some EC leadership experience under your belt (especially McKinsey likes this). Is there a consulting club or something in that area you can join?

Also, if you really want to do consulting, you shouldn't be looking at just MBB. There are a ton of great companies out there and if you want to do consulting, you should look at them to. You should try and get face time with as many people you can from all the top 15 or so consulting companies and see which ones you like. Any case interview experience etc. you can get from Deloitte, LEK, Accenture, ATK, PA, OW etc. will also be enormously helpful in landing a position at MBB.

Oh and finally, start practicing case interviews today rather than tomorrow (not just because it's Christmas Day). The extra edge you will gain on candidates who don't start the case interview training until they get their interview cannot be overstated. I can recommend buying Victor Cheng's Look Over My Shoulder. In my opinion, that's really the only resource you need (along with his case interview framework videos).

 

I've met a guy at MBB from UT-Austin, and as TechGuy pointed out, MBB does recruit at your school. With your GPA/SAT score, I would imagine that you would be a great candidate for an interview spot. Just go through the on-campus recruiting process and don't put too much pressure on yourself to "stand out" during the networking events. Just meet as many consultants as you can, communicate that you're very interested in MBB and let your strong academic achievement speak for itself.

If you can't land an MBB internship, I'd recommend going after the most prestigious engineering internship you can land. Having Apple/Google/Microsoft/Facebook or some other hot tech company on your resume will definitely make you stand out for full-time recruiting.

 

Pretty much agree with humblebot. I'm pretty sure MBB recruits at UT-Austin, and your background is exactly what they're looking for. Make sure to include your SAT score on your resume as it will definitely catch their attention. If you can't land an MBB internship (it's probably the most difficult internship to land), there are several other options that can set you up for full-time MBB recruiting. Good alternatives include F500 engineering/finance, banking, and Tier 2 consulting.

 

I should have clarified - I currently work in the U.S. GRE was a requirement for my graduate degree - typically graduate engineering schools in the U.S are far more forgiving for a poor verbal score. I have no problem conversing in English, or rather that's not a factor that I am worried about currently.

 

First, never mention that GRE Verbal score to anyone ever again.

Second, you won't get a call back from MBB if you include that grad school GPA on your application. To that point, you may be better off applying in a couple of years when your GPA is less relevant.

Based on your GRE score and major, you're falling into a bucket of "too quant" that MBB screeners look out for. You've got to figure out how to round out your resume with fantastic leadership skills that will balance it out.

 

Thanks for your response. The reason I mentioned GRE score is mainly because when I was filling out BCG application yesterday - they had a mandatory 'test score' section and GRE is the only standardized test I have ever taken.

I think I can justify leadership skills both at work and outside work.

 

You're not coming directly, out of school, so your academic credentials (while they still matter) are less important. Your undergrad and graduate GPA is fine (I also came out of my PhD with a 3.0 and I got hired). Your GRE verbal score will be an issue unless you can prove you're fluent in other ways (like having run a US P&L).

How large is the business you are running? You're an industry hire so that's going to be a huge factor in your competitiveness. Also, if you don't mind my asking, why do you want to move the direction you are moving? Many people leave MBB to take jobs like the one you have.

 

Thanks for your response. The business that I run is $60M+ currently. I have colleagues who run similar businesses in my company from a management consulting background too. The main reason I would like to work for a management consulting company is I really enjoyed building a 2-3 year plan for my business, I have enjoyed two specific things in my work: frameworks driven thinking or structured thinking, I now think of frameworks for most businesses I encounter or run & I enjoy problem solving. When i read cases for management consulting interviews - I really enjoy solving them. I would presume real life projects in these firms would be close to these cases?

 

If you have completed your qualification so you can make a better career in management consulting. Management consulting are provided the best career path for us. Many institutes and consulting firms are providing this course facility and shows the right directions in our career.

 

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