Apr 22, 2014
Career Resources
Better Odds of Getting Into Consulting With WSO
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Career Advancement Opportunities
July 2026 Consulting
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Boston Consulting Group 99.5%
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Bain & Company 98.9%
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McKinsey and Co 98.4%
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Oliver Wyman 97.9%
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LEK Consulting 97.4%
Overall Employee Satisfaction
July 2026 Consulting
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Cornerstone Research 99.5%
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Bain & Company 98.9%
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Boston Consulting Group 98.4%
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McKinsey and Co 97.9%
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Oliver Wyman 97.4%
Professional Growth Opportunities
July 2026 Consulting
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Bain & Company 99.5%
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Boston Consulting Group 98.9%
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McKinsey and Co 98.4%
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Oliver Wyman 97.9%
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LEK Consulting 97.4%
Total Avg Compensation
July 2026 Consulting
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Partner (4) $361
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Principal (30) $294
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Director/MD (58) $274
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Vice President (53) $247
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Engagement Manager (113) $232
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Manager (170) $173
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2nd Year Associate (185) $142
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3rd+ Year Associate (116) $135
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Senior Consultant (355) $132
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Consultant (642) $122
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1st Year Associate (577) $121
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3rd+ Year Analyst (164) $121
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NA (16) $114
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Engineer (6) $114
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2nd Year Analyst (391) $104
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Associate Consultant (176) $101
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1st Year Analyst (1164) $90
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Intern/Summer Associate (208) $83
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Intern/Summer Analyst (633) $68
16 IB Interviews Notes
“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”
Leaderboard
| 1 |  |
99.2 |
| 2 | |
99.0 |
| 3 | |
99.0 |
| 4 | |
99.0 |
| 5 | |
98.9 |
| 6 |  |
98.9 |
| 7 | |
98.9 |
| 8 | |
98.9 |
| 9 |  |
98.9 |
| 10 | |
98.8 |
From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
Sounds pretty legit for a freshman. I would say most people who intern at MBB didn't have as good of a freshman summer internship (if they had one at all). The main two things right now are to keep your grades very high and try to network with any alumni at your school who work at MBB. While your internship will definitely help you out, it's less important than grades at this point.
Thanks for the reply!
I was mostly curious because everyone has been telling me stuff about how E&Y Consulting is the biggest joke amongst all of the Big 4 Consulting, and it'd be a stain on my resume I wouldn't want. Good to hear that it's legit.
I'm an American undergrad at a target school in Asia, with a 3.3 GPA (school has pretty bad grade deflation). What GPA do you think I should aim for to have a somewhat-decent shot at consulting?
Whoever telling you that is incredibly elitist. An internship at E&Y during freshman summer will be fine. Nobody who matters is going to look down on you for it. Try to kill it your sophomore year and bump up your GPA to above 3.5. I'd say 3.5 is minimum threshold for MBB. I'm not sure if there are differences for recruiting from schools in Asia, so I can't really speak to that, only what I know for schools in the U.S.
Anyone who tells you working at E&Y as a freshmen in college is a "stain on your resume" is a fool. Crush your internship and grind out your next few years to keep the grades up and you'll have a good resume.
Another vote for whoever has been telling you E&Y is a 'stain on your resume' is an idiot. That's a really stupid thing to say- it's a great firm and will be helpful for whatever you want to do in the future.
To put it this way - it will absolutely not decrease your chances of MBB. Secondly, you do see experienced hires go from big 4 advisory to MBB, so absolutely a great place to gain experience. Lastly, you are a freshmen, as mentioned above that is a solid experience to have that early in your career.
That with some ECs and a higher GPA will give you a good chance I think
It's definitely going to help your chances but I wouldn't bank everything on this internship. Like others have mentioned, grades are the most important thing at this point. Keeping up with extracurricular/leadership experiences is also important.
Most MBB interns don't have much (if any) actual consulting experience during undergrad. Ppl with big4 or tier two firm experience aren't that common and those who do have it definitely get the recruiter's attention when they apply.
It also helps a lot with networking. Having that experience under your belt when you network brings more legitimacy to your desire to be a consultant. You can really play on the fact that you've experienced the industry and love it as opposed to other candidates who are trying to sell how passionate they are about something they've never done. Also when you reach out to ppl, you won't seem like a waste of their time if they do try to help you out:)
Once you are there make sure you network hard with ppl on your team and also use that company email address of yours to reach out to other EY groups in North America. If you don't land MBB at least you can arrange smth with EY in the states as a safety net.
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