L.E.K Consulting in Nyc HELP!!!

1) I have a phone interview with L.E.K., it is suppose to be two 30 minute cases. Any thoughts on what to expect?

2) Also can anyone shed some light on how good this firm is nowadays, compared to the rest? Still solid in the 2nd tier behind Monitor?

3) Any insight on how well they place MBA candidates to H/S/W?

4) And what is the work like? I've heard short-cases and sweatshop-like....is this true?

Thanks for the help!

 

would you mind pm'ing me your background and stats? i applied to lek but so far no love. im just curious what kind of background, general experiences and such so i can see how i place compared to other lek applicants

“Not everything that counts can be counted, and not everything that can be counted counts.” - Albert Einstein
 
Best Response

Ok so i just had a first round/on campus interview with lek. The interview consisted of two women, both young, one had a phd in neuroscience and the other was a double major in econ and math. They were nice and fun to talk to. Before you ask anything more on this thread check out glassdoor.com and view others interview questions...thats what i went off of. Both women were in their late 20's at most and the first one asked me some general behavioral questions and then started with a strategy case...I had to figure out what the demand was for a stress test. The stress test was based off of certain biological tickers in the body that, upon using the test, would tell you if you were stressed or not. So I went through it just like any other case interview, asking strategic questions and narrowing the target market etc. After ~30min I went to the second woman who asked me a quant case and more behavioral interviews. The case was to estimate the annual revenue for wifi services on commercial airlines. Blah blah same shit. LEK (from what i've researched and verified in the interview) make you work around 60-70 hours a week. They thrive in the industry by offering lower rates than their competitors and making their employers work more hours. Most cases you work on last around 6 weeks. Very short but all of your work is intense. Traveling is high as with all consulting firms. They are pretty prestiguos but obviously no B/M/BCG. The execs (lots of arts majors and very very smart) ask their analysts to do a lot of research that may not even be nec. for the deliverables. Anyways it was pretty straight forward and not too hard. I wasn't asked back and I believe it is because my competition had a better resume and GPA than I did. Surprisingly I was below their required (3.4) but still got an interview. You'll work on mostly biomed and pharm cases and they vary depending on your location. They operate in 16 industries so there is a possibility of working on a wide range of cases starting out but it is pretty unlikely. Hope this helps... Just be confident in your answers and don't stumble on the quant case. Ask good questions on the strategy case and remember that, even though your ultimate goal is to answer what you think, that the cases are derived on cases they actually have already worked on. Hope this helps. Good luck!

 

Some of the info there is wrong. For the most part it is right though. LEK almost never travels. Their two big indsutries are life sciences and private equity. They are also strong in media and entertainment and aviation. The hours are on the higher side but comparable to most consulting firms. They place well at those schools but do not have a statistic for you ... A lot of people go and are from HBS

 

I dont know the exact #'s but 20% of their associates who went for an mba went to HBS, 20% go to Kellogg, I don't the exact other percentages but I know those are the two big ones. I say near 100% place to at worst columbia or haas.

Agree with person above me with the industries but it really does depend on your office. i.e. Boston is pretty life sci heavy NY is a lot more PE heavy LA is a lot media and Chicago is kind of a mix.

Hours depend on the case your on, PE stuff is more hours high 60s and up, more strategy focussed and longer term work is 50-60.

Almost no travel

 

They do strategy - like M/B/B. But definiely not as prestigious as M/B/B. There are a few firms that are niche and pretty prestigious besides M/B/B (Katzenbach Partners comes to mind), but I don't think LEK is one of them. It's still a solid firm, though.

 

Lots of PE and HealthCare work. Described as a Bain-lite - same kind of work, without the cachet. Exit opps to MBA, etc., are very good, and they also offer profit-sharing at the associate level (don't know about the analyst level, however). Boy's club - they're heavily trying to recruit women, but not reached any tipping point yet.

 

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