Consulting during recession....
I'll be joining an MBB FT out of undergrad, and with the way the market is trending, I'm curious how consulting is impacted during recessions.
I'd assume certain firms may be slightly more shielded than others depending on industry focus (like government, restructuring vs. PE, FS, etc.), but was hoping to hear perspectives and how firms have dealt with this in the past.
In particular, do people anticipate start dates getting pushed out or other negative ramifications for incoming hires?
Edit: I don't know why this was tagged Germany, and I can't get rid of it, but I'm wondering about US context
Different industries and project types are always affected differently. Some work dries up, some explodes
As an incoming associate I wouldn't be worried - you're the cheapest resource at the firm
Start date push backs are possible if work dries up
Qui id consequuntur numquam consequatur quis rem aliquid. Nobis est eum ut dolorum ipsum quod tempore. Sit laboriosam iste ipsam aut ipsa sapiente. Rerum ipsam impedit sed laboriosam aut vitae exercitationem qui. Voluptatem ut voluptas vitae dolore est impedit.
Vitae odio nihil soluta corporis quos amet dolores. Quo dolore doloremque error illo est. A unde molestiae temporibus vel nesciunt. Recusandae repellat perspiciatis voluptatibus itaque rerum. Voluptatum ut quis accusantium tempora.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...