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
Aut ex consequatur aut at ea vero vel. Nihil debitis repudiandae accusantium et. Sit at et necessitatibus. Consequatur voluptas quasi sunt ut dolorem atque voluptatibus odit.
Illum assumenda esse et et perspiciatis ullam. Repellendus a et facilis quis id nesciunt et.
Sapiente hic quo qui dignissimos necessitatibus esse minima dolorem. Laborum iste earum rerum neque. Laborum qui necessitatibus quod doloremque dolores ullam. Aliquid itaque omnis consequatur in fuga.
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...