Best non-consulting internships to land a full time offer
Hey, I was just curious as to what the best types of non-consulting internships are for setting a candidate up for getting full-time offers (or at least interviews and the like) from consulting firms next year are. In other words, which are good resume boosters for consulting firms?
And if the answer to this question is different, I'd appreciate feedback on this one too: what non-consulting internships best prepare someone for a career in consulting? Thanks guys!
I can answer the first part of your question -- an investment banking internship.
In fact, if you've read Case In Point, Cosentino mentions somewhere that McKinsey's and BCG's biggest competitor is Goldman Sachs and not one another (in regards to recruiting).
Aragorn is right, IB internship works well. Easier to transition from IB-->consulting than vice versa if you\'re deciding between both.
Anything in corporate strategy/development/large-scale project management at a big name firm. GE, Microsoft, Google, Apple, GM, etc...get the big names on your resume and they\'ll come a\'callin.
Want to break into consulting but late to the cycle, where should I intern this summer instead? (Originally Posted: 02/17/2015)
I became interested in management consulting this semester but just after the Big 4 finished hiring. I am at a non-target school for MBB, but many F500 companies come recruit here (top 50 US university). Should I look into a corp fin internship? And where should I do it? Thanks guys.
Bump
Take the biggest-name internship that you can find. F500 roles can be quite nice for consulting full-time recruiting. Research roles can be okay, too, but again, just pick the biggest name if your goal is to go consulting full-time.
This.
Internships to break into MBB - Target school (Originally Posted: 01/05/2013)
What internships should I target during my undergrad years if I hope to break into MBB afterwards? I'm from a target btw
Between working as an intern for a consulting firm overseas with a huge name in Asia but not in the US, a F100 finance/strat role domestically, and a BB PWM, which would be be best for my sophomore year summer?
For future reference, is it better to get experience in the industry with F500 internships or are consulting internships best?
Sorry something weird happened on my computer and the post was created twice
Breaking into Consulting with varied interning background (Originally Posted: 09/16/2014)
Hi all,
I did a few searches throughout the site to get the kind of information I'm looking for but I ultimately decided that my situation never quite fit that of others who posted so I'll lay it all out here and hope for some replies.
I'm an Econ and Philosophy major at a top 50 non target in DC. Though a handful of my friends who have graduated go on to jobs on Wall Street and some great consulting firms (mostly Deloitte and IBM), I know it is still pretty tough since students at some of the higher ranked schools are actively recruited on campus and all, we do get a few companies that show up but of course it's not the same. Anyway, I have interned in Politics, Human Resources, and most recently Tech. None of my internships have been with particularly large firms mostly well-known organizations in DC (my Tech internship was in New York with a start-up, was a great experience) and none of them relate at all to Finance or Consulting which is where I'd really like to get experience.
Basically, I am just looking for ways that I could leverage my other internships to land something in finance or consulting. Really anything extra you can offer in addition to networking with Alumni & applying (which of course I've been doing for quite a bit of time now). I have 2 years left of school and I know how important a good Junior summer internship is and really would appreciate any advice. Also I'm aware this is all pretty vague but I've got a decent gpa (3.53.7), am an athlete, & participate in a few orgs I care about, not sure if any of that matters.
Thanks all, and this is also my first post so I'm trying to get the hang of things.
I meant to include there that my GPA is greater than 3.5 but less than 3.7 it fluctuates between that
Internships toward MBB/2nd tier (Originally Posted: 08/02/2011)
I am an accounting student at a semi-target.
Which internships are most "strategically" positioned for consulting at say the MBBs or 2nd tier- LEK, Accenture etc.
Maybe we could rank these: Internships at
NGOs/ Non profits, BB, Big 4s, IB or Boutique consulting/ any others
Would it really depend on which area one wishes to specialize? But I understand that it doesn't matter as you don't get a say on what you're staffed on mostly right?
I know boutique consulting worked for me, so that gets my vote. However, if you demonstrate excellence in any of the jobs you mentioned...it looks good to an MBB.
Hmm.. bbjhva, could you elaborate as to what you mean by demonstrating excellence- do you mean snagging FT offers or having key roles at the internship.. the latter doesn't seem too possible...
interested as well.
From what I've seen in WSO, the general consensus is brand name matters the most. As long as the role isn't too far off from Consulting.
Boutique consulting worked for me, too. Not a proper 2nd tier (Monitor, LEK, Parthenon), but a small firm that only served one industry.
While BB and name-brand companies help, they are - by far - not the only means of getting called for an interview. MBB likes to see candidates who pursue their interests in areas that have nothing to do with the world of business. For example, receiving a scholarship to pursue research an interest of yours (e.g., health, polisci, anthropology) is, at an undergraduate level, very impressive in the eyes of recruiters. Other things I have seen get people in the door: successful entrepreneurial background, volunteer work where you take on responsibility, experience with an NGO. I have also seen people seek internships with the government (e.g., local senator, mayor's office, etc.). Just pursue whatever interests you and make the most of it. Demonstration of analytical skill seems to be the only consistent requirement among everything I have seen. Brand name is not the only thing that will get you in the door DESPITE what many people on this forum believe. I am not only speaking from personal experience. have also spoken to recruiters who say it is "refreshing" to see resumes where people pursue their interests outside of your mainstream banking/boutique consulting internships. It makes you not only "stick out," but also more interesting as a candidate.
Exactly as consultingwiz07 said, it really is about demonstrating the right skill sets, but via any sort of background. If you worked at an NGO and set up their website that got $100k in donations in its first 3 months, that's excellence. Or say if you managed your family restaurant and helped plan a successful marketing plan that was featured in a prominent broadsheet with you name, that is also excellence. There's a misconception that brand name is everything. Believe me, it counts, sure, but only because it is indicative of the fact that you've already been through rigorous recruiting with them. At best it gets you an interview.
You need to have a strong resume to get the interview, but after that its 85% how you handle the case, and 15% fit.
To maybe put things at ease for people, I'm summering at MBB currently. I did not come in with NGO experience, I didn't start a company, and I didn't do undergraduate medical research. I came into recruiting with a generic industry internship and a big 4 internship.
I'm sure those other experiences could've helped me, but by no means were they necessary at all.
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