RX consulting recruiting
Currently a sophomore trying to figure out what RX consulting timelines look like for '27, I know that A&M has started, but I can't find information on other firms. Additionally, how does recruiting differ from banking? Is there still a big emphasis on networking/coffee chats? Also, how would one prepare for interviews? Most of the stuff I have found has been for IB restructuring, and I was wondering if it's mostly the same technicals.
Not as big of an emphasis on networking as IB. Technicals are broadly the same as RX IB / PE / Corp finc, + strategy consulting cases. Would recommend pretending to prep for RX IB and then pretending to prep for strategy consulting. Also brush up on corp finc 101. Quick note to keep in mind; getting in is only half the struggle, getting a return offer is arguably a bigger fight. Know plenty of talented people who got the internship but didn't get the return offer. In IB, the interviewer can atleast get a sense of how you'll perform through the interview, but in RX consulting it's much harder because quite honestly most of the stuff is learnt through repetition, and there's no realistic way an undergrad can be well versed in most of it. Unsure what the current recruiting landscape is (if there's more competition, less seats, more applicants or whatever so you'll have to play it by ear a little since there's precious few ppl even on here who are in the field)
Heard much bigger focus on behavioral then technicals, has that been your experience?
On balance, yes, more tough behaviorals and situational questions. However, be prepared for tough technicals etc from firms like A&M, Province etc
bump
It will generally begin in the previous year Fall (i.e. Fall 2026). My team starts posting / interviewing around that time frame.
As above poster mentioned, traditionally less of a focus on networking. However, how useful networking is case by case - I.e. if the folks you reached out to have decision making power (which you'll really only find out through, you guessed it, networking).
As for interview prep, besides the usual resources to recruit for finance, good to have a general understanding of the space which can be gathered from public sources from formal (WSJ BK, dockets of claims admins such as Kroll, Epiq, Stretto) to informal (Pari Passu, restructuringinterviews.com).
Best of luck.
How much of an emphasis is there on schools? Are there target ones and are they pretty much the same as IB?
Used to be at one of the RX consulting shops, and no, much less of an emphasis on "target" schools. Look on linkedin, you'll see a diverse bunch of schools. Which gives you less of a guarantee if you're from a target school, but imo it's for the better, some of the smartest people I've seen have come from non targets. It's possible that as the amount of applicants increases they'll lean slightly more target schools, using that as a filter, but think it's unlikely as of right now.
TLDR you could be from a state school, as long as you perform well and have what they're looking for you'll have a shot, barring some uber selective firms.
Recruiting at the undergrad level is becoming somewhat more structured, with most firms recruiting for SA spots early fall of junior year and FT spots are filled on an ad-hoc basis early senior year. Quick thing to note: all the FT spots at my firm (T1 Rx firm) were filled from intern conversions, so the FT recruiting process was virtually non existent.
The recruiting process is generally office dependent (e.g, some offices will require an excel modeling test, others will do a more standard consulting case) so it’s good to cover your bases and assume you’ll have to do everything. There’s a lot of info on WSO on other threads about the specific components of the interview.
I will echo the above that there’s much more emphasis on behavioral/culture fit at the undergrad level than at the lateral level. The majority of my interviews were primarily focused around behaviorals, with some focused on accounting/financial analysis technicals.
Since the recruiting process is less structured than strategy consulting/IB, it’s a good idea to reach out to people at your target shop / office and ask about their process so you have a better idea of what to expect. Generally, I’d encourage you to review accounting/ financial analysis fundamentals and learn the basics of bk (e.g, the role of an FA, the nuance of creditor vs debtor side work, etc) to cover the technical portion of the interview. Make sure to stay up-to-date on ch11 activity leading up to your interview, as you may be asked which cases you’re following.
Hope that helps!
Do you have an idea of how big the intern classes at your firm are? Trying to gauge how many they take in. Any idea of how many interns per office?
Intern class was ~30 for restructuring, with ~20 returning for full time across all U.S offices.
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