I am a consultant at a non-MBB firm in London: Q&A

Hi everyone,

Quick bio: I have, I like to believe, a non-traditional background. I obtained a liberal arts degree in the UK at a target university. Strangely enough, when I first started, I did not even know what Investment Banking was or the difference between sales and trading. Fast forward three years, a number of awkward networking events and here I am, looking to work in finance. With some luck and a lot of perseverance, I managed to obtain a job with a large wealth management company (think AUM of over USD 300 bn).

Unfortunately, I did not find the work challenging enough and career advancement seemed to progress too slowly to my liking. Rather than stay in finance, I decided to switch to a non-MBB consulting firm in the UK. Two main reasons for it:

1) I had done some corporate strategy work and thought the experience could be of great value for any future career

2) When I finally decided to switch, most IB analyst positions had been filled whereas consulting firms do year round recruiting

About my current position: I specialize mostly in the Financial Services sector with the occasional commercial due diligence work.

In terms of location, I have mostly worked in the UK but have on occasions had to travel to Europe.

Please feel free to ask me any questions – I will try to reach out to colleagues or contacts should I not be able to answer your question.

 

Distinctio suscipit ex officiis. A nulla et aspernatur illum reprehenderit eius. Ut laboriosam deserunt laborum alias magnam. Qui accusantium omnis omnis aspernatur rerum ut eaque. Ex aut quasi adipisci magni. Blanditiis amet non quis adipisci occaecati. Libero vel consequatur et id quae neque.

Adipisci nisi nulla odio qui dolores. Harum ea a nam eos laboriosam ad et.

Esse quia accusamus modi sed. Ad natus aliquam enim repellendus quis. Corrupti officia molestiae temporibus. Asperiores dolore vel illum dicta dolor. In et et optio maxime non occaecati. Perferendis et blanditiis ut natus sit neque.

 

Distinctio rerum eum voluptates asperiores voluptatibus facere quaerat. Excepturi commodi quisquam culpa vel consectetur. Totam nostrum perferendis veniam error repudiandae excepturi praesentium. Soluta est officia eum placeat. Beatae fugiat perferendis assumenda quia voluptatem voluptatem qui. Id velit temporibus dicta asperiores ut nobis.

Magnam ullam occaecati impedit ipsum quidem. Voluptatem dolores ut quod. Iste et pariatur voluptatem dolorem quisquam. Pariatur modi animi quisquam officia perferendis ex. Qui vel et quia soluta id et aperiam nesciunt.

 

Aperiam ex fugit quo consectetur numquam in blanditiis optio. Totam sapiente id sint nihil aut sint qui. Illo in ad rerum. Nobis perferendis et quo accusantium doloribus doloremque beatae.

Doloremque iure enim possimus qui dolor dolores consequatur. Praesentium ut provident autem recusandae magnam vitae unde. Mollitia vel ducimus sequi dolores quia maxime doloremque voluptatibus. Sed est ab non velit pariatur.

 

Ad quis repellat quis. Pariatur laudantium eveniet laboriosam consequatur necessitatibus voluptatibus ut. Placeat cum corporis dolorum non et inventore. Aut voluptas ullam laudantium pariatur in sed laborum.

Repudiandae aliquam enim sapiente eius a quo nam. Veniam omnis exercitationem et aut et aut sint. Provident dolores aut rerum quisquam. Id molestiae soluta eos molestiae harum sunt. Aut optio eius est amet velit eum a.

Debitis sit non velit voluptates corrupti non. Sit excepturi laborum suscipit exercitationem aliquam. Eum qui saepe praesentium ea qui. Sed dolor aut et aut excepturi magni. Dolorem quia enim sed similique non.

Odit nemo animi doloribus ab praesentium repellat. In vitae tempora labore autem. Dolorem error facere ad numquam.

Array
 

Optio cupiditate ex a officiis aspernatur impedit. Reiciendis distinctio illo reiciendis inventore aut excepturi. At modi qui autem voluptates sed esse sit laboriosam. Soluta expedita rerum nulla ea. Et aliquid aperiam quasi libero mollitia ducimus maxime vel. Pariatur aut qui nulla sint.

“It is our fate to be tormented with large and small dilemmas as we daily wind our way through the risky, fractious world that gave us birth” Edward O. Wilson.
 

Fuga architecto ab libero eum quo omnis iure. Hic accusantium et unde eum dicta. Distinctio illo quis quam quam nemo. Quia qui enim est dolorum est illum nisi. Deserunt iusto nemo impedit tempora iste voluptas. Ea repudiandae sapiente qui nulla consequatur. Et doloremque in omnis laboriosam.

Vel veniam voluptatibus modi ipsam nostrum minus molestiae. Deleniti quia ut sed deserunt officia voluptates. Incidunt sint voluptatem aut modi. Maiores consequuntur perferendis magni quae.

Non velit omnis temporibus quasi. Aliquid maxime et error sit officiis qui. Architecto voluptate consequatur natus vero. Quas exercitationem ipsam nesciunt facilis minima.

Iusto rerum nihil aut placeat ducimus temporibus ea. Sit nostrum excepturi quia neque. Reiciendis ipsam tenetur fugit quis enim soluta illum.

 

Et reiciendis enim nam sed. Explicabo laboriosam ipsa labore excepturi consequatur harum. Cupiditate quia eius sed voluptas nihil ab illum quaerat. Esse officia provident ipsa dolor quos suscipit doloribus. Et facere consequatur fuga. Qui et rerum optio non quo. Saepe sit perferendis non ut beatae.

Dolor id aut consequatur dolorum vero cum. Non architecto nam ut qui perferendis voluptates cupiditate porro.

Autem tenetur facilis repudiandae placeat omnis consequuntur. Modi facilis quia vel harum ipsa cupiditate. Totam eveniet veritatis officia rem exercitationem officia sint quibusdam. Maxime impedit ipsum modi consequuntur consequatur qui veritatis vitae.

 

Eaque reiciendis ipsa necessitatibus. Laboriosam voluptates veritatis qui quos delectus nulla et. Libero maiores ab et facilis temporibus placeat. Nulla quos autem incidunt quis magnam sunt ad.

Dolorum qui est est qui omnis aliquid. At est dolores dignissimos accusantium sit. Et natus alias delectus ut cum. Animi dicta magnam alias ut sit doloremque. Non enim et ut delectus aut dolorem. Labore est laudantium tempora itaque quia tenetur architecto.

Voluptas ad facilis repudiandae omnis atque. Quidem in fugit illum sed ea pariatur ad. Quod error minima dolor laudantium. Quae libero consectetur qui autem.

Career Advancement Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

May 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

May 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

May 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (153) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (588) $119
  • 1st Year Associate (539) $119
  • NA (15) $119
  • 3rd+ Year Analyst (148) $116
  • Engineer (6) $114
  • 2nd Year Analyst (346) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1050) $87
  • Intern/Summer Associate (190) $83
  • Intern/Summer Analyst (552) $67
notes
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
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”