REPOST, SOMEONE PLS HELP…

THIS IS A REPOST…
If you read this post and dont help i hope you wake up tomorrow and find 14 emails from your MD …

So…
Hey guys im currently in a long internship
in financial advisory (NPE management for Private Equity firms, Insolvency and Corporate Restructuring) for the past 1.5 years in the consulting department of a big 10 company.
I have some questions regarding going into consulting (Best Company Choice and MSc path probably strategic management).
I will be going for a masters degree outside of my country (Currently in Cyprus) in a semi-target EU university (Copenhagen business school, Stockholm business school, erasmus rotterdam, uni of amsterdam)
Can someone share an insight as to what i will be working towards when i arrive at that country?
Thanks and feel free to comment brainstorming And knowledge sharing !
Some valuable insights
P.S: Cyprus might be an extremely small island but i believe my consulting experience in NPE (Non Performing Exposures) is valuable since we are amongst the countries with the most NPL per capita in Europe.
Also i have 10/13 (9 exemptions + 1 Professional) ACCA papers passed simultaneously with my Bachelors Degree (if this is even considered in the consulting world abroad)
My bachelors is in accounting and finance from a complete non target school for MBB ranked #800 in the world world, UK uni. Aiming for (1:1, currently at 2:1 upper but slightly below 1:1)
If anyone can help me with guidance as to what masters to aim for,
which companies to aim for,
which countries to aim for and share experiences from Consulting Companies abroad would be really appreciated !

 
Most Helpful

Hey man,

I have to immediately apologise, because I genuinely do not understand what you're asking here. I don't know what you mean by "Can someone share an insight as to what i will be working towards when i arrive at that country?"

So, instead I will answer what I think you are asking, which is

  • How do I best prepare for a Masters degree at a non-target?
  • How best to leverage this experience for recruiting?
  • Which firms should I target based on my profile?

In case this isn't what you're asking, then please do clarify, and I'll take another stab at it. So, in asnwer to the questions above, I'l give brief answers, let me know if you want me to deep dive on any specific topic:

  • How do I best prepare for a Masters degree (bearing in mind end-goal is Consulting)?
    • Not much to do ahead of time, other than make sure you set yourself up for success, so obviously make sure you're aware of the courses you'll take, and the workload required (some degrees / courses are easier than others)
    • It goes without saying, but make sure you get the highest possible grade in your masters
  • How best to leverage this experience for recruiting?
    • Start your interview prep early: Case Interview + Online Tests (be mindful MBBs each have quite different tests)
    • Tons of materials on interview prep on here
    • For Online test prep, most free materials online are good enough
  • Which firms should I target based on my profile?
    • I'll be honest, right now from a lower-ranked uni with a 2:1, your chances at MBB are really not great unless your work experience + extracurriculars are excellent
    • The Masters could help undo that a bit (assuming you get the best grade there), but I really recommend making every effort to get a 1st
    • You can always Target B4 or Boutique consultancies
      • Be careful about visa sponsorships (I dont know if smaller firms sponsor in the UK - I know MBB do, obviously)
      • Be careful about language requirements, if you target a country outside of the UK (e.g., Netherlands, Germany, France)

Now more generally, if you want to make it in strategy consulting, you'll definitely need to be crystal clear and structured in your comms. I know this is an informal forum, but you're asking for help from people who are rather busy and have pretty short attention spans (as an example, Im writing this at work and it's 10:15pm and I really was on the fence about ignoring it because of the structure and the first 2 paragraphs).

 

Thanks brother. Its just the fact that english is not my first language and i really dont know what to ask because im confused and all…
Either way i really appreciate your advice.

 

out of sheer curiosity, pls can you define what you mean by 'great work experience + extracurriculars'. examples would be great! i come from London if it helps

 

It's really two things here:

  • Ideally well-known / top company in its field (startups work too) => that helps demonstrate that you can make it through a competitive process and can effectively work
    • Im more impressed by someone working at Glencore (a top mining firm) than someone at the local worst-performing regional bank or a consulting firm with 3 employees <> Though note Im not part of the recruiting team, but I still think a top firm in its area is a better signal of excellence
  • Track record of high performance / engagement => that helps demonstrate that once you're in, you can succeed in a competitive environment

For the second point, it can be shown through:

  • Promotions
  • Some quantitative or qualtitative examples of how you overachieved (Example Quant: exceeded targets by x %; Example Qual: was given responsibilities / tasks well above my tenure / far ahead of promotion and delivered successfully)
  • [this one is more fluffy but is a nice-to-have] Examples of non-work-related engagements within your firm (e.g., affinity groups, charity events whether pushed by you or organised by your firm, etc.) => that's a nice way to show that you are more engaged than just showing up to do your tasks and then heading home

Let met reiterate the last one is not necessary, but it's a nice easy way to show you're not a drone and you're engaged in the communities you are a part of

 

It is good that you have some experience but tbh job market is very tough... esp most of the restructuring-related jobs are local content-driven (You need to speak the local language, and people would expect you to have some linkage with the local culture/market)

I would suggest going for RSM/UvA and aiming for Big 4

 

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