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Alvarez & Marsal Restructuring SA 2025
Hey all. Just wanted to make this thread to see if anyone had insights on the interview process/timeline, comp, return offer rates, etc. Would greatly appreciate more insight on this
MBB EMEA advice!
Hi all, have a friend who just received an invite to a multi-day "training" event by an MBB after being rejected for a position there. As far as I am aware, this invitation has been extended to a wide pool of candidates considering she didn't perform well in the interview process. The question is...
how do you ingrate intangible costs into billing rates?
In many organizations, executives such as Chief Technology Officers (CTOs), Senior Vice Presidents (SVPs), and others at similar levels, often provide invaluable strategic guidance and oversight in projects. While their involvement may not always be hands-on, their expertise and direction...
How do MBB or tech consulting companies charge CTO, SVP, and above to customers?
Let's unravel the mysteries of consulting billing practices, shall we? Ever wondered how those big shots at McKinsey, Bain, BCG, or the tech consulting behemoths get charged to clients since they are not working on the customer project directly?
Long-Term Career Planning
Hello WSO, I am a little lost and could benefit from insight and guidance. I have been working as a valuation associate at a small consulting firm in the suburbs of Chicago for a year and a half. I graduated from a small private school (non-target by any means) in the Spring of 2022 with a degree in...
2025 Internships For US Full-Year Exchange Student
Hello fellow monkeys, I had some questions regarding maximising my stay in the US given that I am from the UK. This community has been of great help in guiding me throughout my career search, your help here is also greatly appreciated. For context: I am from a UK semi-target university (think...
London consulting comp benchmarking
After 1 year in a London boutique I got promoted from Junior Consultant to Consultant, and my total comp increased from £45k to £50k per year - how does that measure up to your experience? Context: the boutique in specialised in a specific niche, and I joined as a new graduate with little prior...
how exactly difference blended rate, cost rate, bill rate when we talk about pricing fees?
I have some question. i was playing a little bit with blended rates for consulting but I have some doubts cost rate, bill rate, and internal rate , and blended rate . which of the following is chargeable to the customer or do we play based on the most profitable ?
Growth Equity or MBB Internship
Hi all, I am having trouble deciding between an MBB and a Growth Equity internship offer in London. I want to end up in PE eventually but which should I take? For context, the GE shop is purely Growth Investments. Also the salary for GE internship is £37,000 pro rata compared to £55,000 pro rata...
Conflicted between going abroad to the US for Undergrad or MBA
As my college application season is winding to an end, I've come at a crossroads where I'm trying to figure out what I want to do for education. I know that I plan to work in finance, and I plan to study Economics/Finance in college. However, I'm a bit conflicted on where I want to go to college....
Why 1-year MBAs: Ideal for Consulting, but a Challenge for Investment Banking?
Just a question out of curosity. I was reading some reviews on INSEAD on the forum and found out many of them are mentioning how 1 year MBA like Insead provide is not suitable for those who wants to switch to IB since summer internship or internship prior full time offer is essential. How true is...
Consulting to LMM HC PE internship search
Hey folks, Background: I have worked for 3.5 years in T2 Consulting in EU (3 years as consultant, 0.5 years as associate); My experience is within HC/ PE group with almost exclusive focus on buy-side commercial transaction DDs/ development of value creation opportunities/ etc. Typical projects are 4...
JPM MORGAN CREDIT RISK EXIT OPPORTUNITIES (CONSULTING?)
Hello guys, I read almost any post about Credit Risk at BB and JPM in particular. I was courious about exit opps for the group and notably if it is possible to go the consulting route. I see people on linkedin who have done the move directly. Thanks.
MBB Summer Analyst 2024 return offers
Hey all, incoming summer analyst from undergrad for an MBB firm at a large office on the East Coast of the US. I wanted to ask about return offers and the state of MBB in general for 2024; in previous years I know returns have been the default, but given the dismal state of the economy / hiring, I...
Consulting Exit Opps
Does anyone know what the typical exit opps are from consulting (both tech and management consulting)? What are the options immediately after consulting (next role) as well as long term (5, 10, 15 years down the road)?
Transferring as a Sophomore
Hi guys, I am currently in my freshman year in my second semester of college. In my first semester, I went to the University of Arizona as an engineering student and hated the school, culture, and academic programs. I transferred to a small school in my state to get my GPA up (the first semester was...
How Much Do Consultants Travel Post COVID (2024)
Hi Y'all frequent poster on the finance side of things, but have very little consulting knowledge. I have a friend considering it as a career and was hoping I could get some details on the travel schedule for consulting to set expectations. Mainly concerned with MBB groups and would love pre and...
Ireland vs Germany: Which is better in terms of pursuing master's, laxed work visa, and career opportunities in finance as an Indian?
Hey fellow chimps! As someone with a 4.5 years of work experience in financial/market research KPO firm in India with non-finance background, I was looking to pursue master's/MBA in finance from Europe and work in the target European country for few years (maybe 4-5) after my studies before I...
There's a hole in my plan. But even if that is filled, does my plan makes any sense?
Hey everyone! I'm (29M, Indian, single, unmarried, no debts) planning to pursue a master's in finance from a German university, work in Germany for 4-5 years to pay off my financial debts and gain some experience, and return back to India. I have a non-finance background (graduated as a Mechanical...
Oliver Wyman Summer 2024 - London, UK
Hey guys! I’m just very confused as I applied to Oliver Wyman back in mid November way before the deadline. Ever since my application submitted, it only ever said “applied” under the “application status” bit. I checked pretty much every week since December and the position was still...
Soma Capital?
Currently going through the recruiting process with my friends from other consulting firms. Anyone have any idea of the team? Quick read seems like a throw spaghetti on the wall and sees what sticks approach. Been speaking with them since December through a recruiter for investor role, but seems...
Advice on trying to move from MBB Consulting to IB
For background, I graduated in Spring 2023 and went to undergrad, Ivy, B-school (you could probably guess which...) and studied finance. Previous experience has all been at niche buy-side firms (L/S equity HF, real estate PE, portfolio management). Started at an MBB and am specifically aligned with...
MBA Truly Worth It (Currently in Corp Dev)
Hey Monkeys, I'm currently in the process of defining the trajectory for my future career and would greatly appreciate your insights and advice. Here's an overview of my career to this point: I attended a non-target school where I majored in Marketing and Business Analytics & Information Systems....
Going from Consulting to Industry
I just got laid off from Accenture right before Christmas and would like advice as to which types of companies and job roles to apply to. My background is: -Accenture: 2 years; cloud advisory consultant (Dallas) -Boutique M&A firm: 1.5 years; associate, financial modeling (San Diego) -Oracle: 1...
Consulting
Has anyone ever experienced (or heard of others experiencing) a decrease in total compensation year over year while working at the same company? I know things have been tough this year but I wasn’t expecting to make less on a nominal basis (but maybe my expectations were off) I know I’m asking...
what are the best metrics to track small business / ventures on software development , cybersecurity firm?
I am starting a business mostly in software development, and a cybersecurity firm; however, I want to treat this venture to be acquired in the future, but I want to know what metrics should I track for future investments, dividends ( I won't take any money from the company until it gives dividends...
starting out a business while working
I am an employee at a bank, but I want to leverage my own money to start a business mostly in software development, and a cybersecurity firm; however, my contract says that I cant have dual employment ( paid or free ). My idea is to start this new venture as ownership than an employee within my...
Strategic Pathways to C-Suite/board member Career Transition
I'm interested in reaching the C-suite/board advisor level, and I would greatly appreciate your guidance on this. Could you share some of your knowledge with me? What key skills do you consider essential, and what certifications or development programs should I pursue? I found someone from LinkedIn...
Choosing between offers: Real Estate Consulting or Consumer Lending
I'm currently a second-year at a semi-target school on the west coast and I'm curious about going into strategy/management consulting. I've been fortunate to have two internship offers for this upcoming summer, 1) a Consulting Intern position at a real-estate consulting firm and 2) a Consumer...
NYC Financial Services Job Search Advice / Direction
Hey WSO Readers - I've been a lurker for some time now and have always found value in the responses to posts so figured I would try it out myself. I'm seeking career advice as I recently stepped away from an Expert Network in NYC after 2.5 years helping grow it to be a competitor of the big dogs...
Thoughts on Investor Group Services (IGS)
Anyone have experience with IGS? They mainly do PE due diligence work from the looks of it. If anyone had some thoughts to share about the firm (hours/b-school placement) or general experience with PE related consulting work that would be great.
LEK - really that bad?
I've been seeing a worrying number of complaints (on Fishbowl and others) about the lack of WLB and the toxic culture at LEK, ranging from 15 hour days to lack of breaks/autonomy to plan your own workflow each day. Would any LEKers like to offer their first-hand experiences, particularly as...
Help Me Learn More About MBB (UK Student)
As many are inclined to do, it is very easy to fall into wanting to chase investment banking as a career path following university. But after actually realising the value in having some of my own free time, I'm beginning interested in learning more about strategy consulting. The main thing for me...
Why are less people going to IB compared to Consulting after MBA?
I'm seeing the employment report from various schools and Consulting its the biggest recruiter follow by finance- IB. Is this because its easier to get into consulting-strategy vs finance? or is the bad rep of wlb and burn out?
2024 grad looking for advice on two offers (Deloitte GPS consulting vs. NERA Economic Consulting)
Hello everyone! I would greatly appreciate any advice on two offers that I received. For context, I am currently a 4th year undergrad and will be graduating in June 2024. Offer 1: Business Technology Solutions Analyst at Deloitte in their Government and Public Services (GPS) practice. TC is $88K +...
Scene at Florida International University (FIU)
Hey there everyone, I wanted to ask if anyone here had some knowledge on FIU and how good it is for a student who is trying to get into Big 4 Audit/Tax, FDD, or Consulting. I've generally heard that being in South Florida is great if you are trying to get into any of these but I don't know exactly...
Investment Banking vs Consulting for MBA application
Hi, I am applying for the top 20 MBA programs in the USA. I have been working as an Investment Associate for a Saudi based family office dealing with international investments in the private markets. In my mba applications, I am going to mention setting up my own VC fund for emerging countries....
Consulting Prep & Help
I am first year doing Business Management - I have a lot of sales experience in tech firms. Just wondering the best way or resources to prep for consulting? Please drop below
Banking to consulting
considering transitioning from banking (m&a) to consulting, curious to hear other peoples experiences making a similar move? why did you make the move? Once you were on the job, was the grass greener on the other side? what are the pros and cons of making the jump? thanks very much!
Management Consulting - Fake Job?
As a new student at a Target School (Ross), it seems that everyone around me would do anything for a top consulting offer, but also, there is a smaller group of people that expressed sentiments about "consulting being a fake job" and "you don't actually do anything." Is this mostly just people...
People who cruised through uni/college - did you hit a wall at MBB?
Hello all I'll be starting at MBB in a few months and got a few questions. Background: I'm lazy and never make any real effort - but i am fairly smart and good at talking, so i've got good grades/internships. I do a decent job, but i am sloppy and not proactive - just want to get things done so i...
Mercer Alternatives Program?
Anyone have any insights on Mercer's Alternatives team? recruiter made it sound like a PE FoF investing role with some sort of consulting mixed in?
Help! What should I do? Pulled EB SA 24 offer
I am currently a junior at a Target School. Interned at a bb soph summer didn't and get the return and because of my performance at that summer, I got my offer pulled at an EB for Summer 2024. I've recently landed an MBB offer but am confused about whether I should take it. Could I leverage to get...
McKinsey vs Bain Advice?
Hi all, I'm fortunate enough to have offers from Bain and McKinsey (both major offices, though the cities are different) I don't have a strong preference for one city over another, and want to focus primarily on career trajectory (both in terms of being promoted within the firm and comparing exits)...
Best Merch Brand for Consultants
I've seen Patagonia (pretty standard), Arc'teryx (More niche, but more expensive, maybe more prestige), Hollister (new quarter zips), and many more. Wonder what's the most liked/most prestigious among consultants?
1 BN AuM HF Vs Tier 2 Strategic Consultant
Hi guys, I am trying to make a life choice here. So I would really appreciate if you could give me as many perspectives as possible. Background: Top tier EU MBA (LBS / INSEAD) Pre-MBA: big corporate / equity research Opportunities: 1. Tier 2 strategy consultant (unfortunately didn't land an MBB...
Internal Mobility - Alvarez & Marsal
How is internal mobility / transferring between groups at A&M (i.e CPI to PEPI or PEPI to RX)? Is it difficult? Any advice would be greatly appreciated!
Can you negotiate an offer as a campus hire?
Can you negotiate an offer as a campus hire or do you need more leverage to do so? I am graduating this December and got an 2024 offer for CAD 75k at some tech consulting firm. However, the US offer is USD 75k (which is CAD 100k). Obviously, I won't ask for CAD 100k because the market is different,...
MBB Data analysis: How long to promotion? Whats the average GMAT? How many consultant hirings last month? (Please share your feedback and ideas)
Hey WSO geeks, I was recently going through the application process at MBB and, when building my profile, tried to take inspiration from other profiles (i.e. what kind of organizations they are in, what schools they go to, etc.). And this was incredibly painful as you have to go manually through...
Current job market for experienced consultants
Ignore the title (came from IB), but I was recently laid off from my tier-2 consulting job (think: LEK/S&/EYP/OW/Kearney) due to the current economic environment / M&A slowdown. Idk about anyone else here, but it's been INCREDIBLY hard to not only find a new job, but a new job I am genuinely excited...
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