Five years almost to the date, I was fired from <span class='keyword_link'><a href="/company/oliver-wyman" target="_blank">Oliver Wyman</a></span> (after 11 months at the firm, straight out of ugrad). This is when I'd walked into the...
<h3>Consulting Case Book PDF's</h3> I went through the consulting interview process a few months ago and found these case books really useful for practicing, both with people in mock interviews and for solo issue tree practice. I have also really benefited time and time...
Hey guys, Thought I'd start another thread for those of us APDs/ADCs (read: spent too many years in school) who are applying for full time positions either earlier this year in the Spring (<span class='keyword_link'><a href="/company/boston-consulting-group"...
What do you think? Just like last year, PwC and Strategy& are still not aligned. https://managementconsulted.com/consulting-salaries/2017-management-consulting-salaries-for-undergraduate-mba-interns/ <em>Mod Note (Andy): top 50 posts of 2017, this one ranks #21 (based on # of...
[quote]<p>I need this done for tomorrow morning, but don’t spend too much time on it. <strong>I don’t want you to be here all night.</strong></p> [/quote] That's what my MD said to me before I pulled my first all-nighter. I've had other...
Hey guys, it's time for the sequel to last year's popular thread. This thread is primarily focused towards those APDs/ADCs (PhD/JD/MD) applying for full-time positions to MBB. While MBB seems to have a monopoly on the ADC application process, we can also use this thread to share...
Hi folks - I've been active on here for quite some time and thought I'd give back by sharing a bit of my background and providing some advice for those of us on the 'second chance' track. I left my first degree (top 50 undergrad) with a sub 2.0 GPA after 2 years (family...
Hi everyone, wanted to get this thread started for updates on the APD recruiting cycle at <abbr title="McKinsey, Bain and BCG">MBB</abbr> for this year. Applied a few weeks ago to McKinsey but no updates yet, including invitation for PST.
Been on <abbr title="Wall Street Oasis">WSO</abbr> for ages (10+ years) and asked Andy to let me do this AMA with a fresh username so I can focus on giving the most helpful answers without any baggage. I've benefited a lot from <abbr title="Wall Street...
This is my take, and I've included some basic commentary about why I've listed certain firms in certain places. I'm definitely interested in hearing what people think, but before I give the list I offer two disclaimers: 1. This is what I think the landscape CURRENTLY looks...
I actually posted this video in another thread but he deleted the YouTube video when it got like 15000 views. Thankfully someone from <abbr title="Wall Street Oasis ">WSO</abbr> saved the video and commented on a thread that I was on a few months ago. I spent 10 minutes...
Happy to answer any questions about how to decide if consulting is right for you, day in the life type questions, how to build a long term, fulfilling career in consulting, and if you are in consulting how to gain experiences without pigeon holing yourself, as well as build a case for promotion....
Hey all, long-time lurker on <abbr title="Wall Street Oasis">WSO</abbr> who worked at Strategy& for 2 years and wanted to give back using a throwaway account. A bit about me: graduated from target undergraduate school, interned at Strategy&, and returned full-time...
Hi everyone, I would like to start a thread for 2016 <span class='keyword_link'><a href="/company/mckinsey-and-co">McKinsey</a></span> <span class='keyword_link'><a href="/company/boston-consulting-group"...
As from 2017, I would like to start a megathread for 2018 McKinsey Insight, Bain Advantage and bridge2BCG status updates for advanced degree candidates. Please feel free to post updates and indicate which programs in which region you applied to! Deadlines McKinsey: 8th of April Bain:...
Here to answer your questions. A bit about me: -Strategy& Senior Associate -Graduated from <abbr title="Top 7 MBA business schools">M7</abbr> <abbr title="Masters in Business Administration">MBA</abbr> (class of 2015/16) I'd prefer not...
Hey everyone, I have asked this question before a few years ago, but wanted to ask again. Has anyone used Firmsconsulting services? Can someone vouch for the quality of the training program that they provide? I am wondering because they charge a very high $ for training for off-cycle...
As a former <abbr title="McKinsey, Bain and BCG">MBB</abbr> case interviewer, I've interviewed a lot of people and have seen people make very small, avoidable mistakes. It's often very nuanced things that push the edge to good versus great. Just because you...
Hi everyone, I would like to start a thread for 2017 <span class='keyword_link'><a href="http://tinyurl.com/3qtvcjr" target="_blank">McKinsey</a></span> Insight and <span class='keyword_link'><a...
Young and ambitious ladies and gentlemen, I am feeling unhappy and want to share my thoughts with you. Not a fan of whining in the Internet, but I have found it hard to find people who I can open up to and who can also truly empathize with my situation. A little background, I did my...
All, It has been awhile. I did an AMA quite a long time ago (<a href="//www.wallstreetoasis.com/forums/ask-me-anything-project-leaderengagement-managercase-team-leader-at-mbb">"Ask me anything: Project Leader/Engagement Manager/Case Team Leader at MBB"</a>) and...
I finally finished the horrible recruitment cycle for consultancies here in London, and have come out with an offer from Strategy&. My question is, is there actually a difference between them and <span class='keyword_link'><a...
wanna b mbb
Bounced between consulting and industry pre-MBA and decided to go back for more consulting post-MBA. I recently received/accepted an <span class='keyword_link'><a href="/guide/consulting-case-interviews">offer from <abbr title="McKinsey, Bain and...
Hello everyone, I just signed and sent out the McKinsey offer. This is something I have not even dream about 4 years ago when I first found about the world of consulting and MBB firms. It was a very long journey. I could not always see how all dots will connect but being driven by ambition...
<em>Mod Note (Andy): I put this on the frontpage because of the high quality of responses inside the post, take a look...</em> After going through the recent recruiting season as a junior and coming out with an MBB offer and a few in banking, I have to ask: why would you go into...
Hi Everyone, I've been browsing Wallstreet Oasis for the past few years and I want to share my story and more importantly, reiterate to everyone on this forum to dream big. I went to a non-target state school and while suffering from social anxiety and obesity, I was also facing an...
Hey everyone, this site has been fairly helpful to me throughout the last few years, so I figured it was finally time to give back. I'm currently in my senior year of undergraduate, and I have offers from 2/3 MBBs (made it to final rounds at the 3rd, but was rejected after final round). I...
<p>I worked as a management consultant for 4 years.</p> <p>I learned a bunch of stuff about business and strategy and operations.</p> <p>I also learned how to sound smart about something I knew nothing about, and how to use jargon to make simple things sound...
Since I have always continued my career in consulting, I decided to do a social experiment. I conducted an environmental scan through my LinkedIn network. I then categorized my findings into key themes of the most common consulting exit career paths using a cohort of 45 former consulting...
I spent 5 years working as an innovation strategy consultant at <span class='keyword_link'><a href="/company/mckinsey-and-co">McKinsey</a></span> in the Montreal office. During that time I worked on projects around the world on a wide range of...
I've seen a few posts from people with multiple offers who are wondering which ones to take, so I thought I'd share a few of my general thoughts. I dealt with the same issue last winter, and have discussed the pros and cons with many of my friends at b-school. These are just my...
wanna b mbb
In the coming weeks, I will be leaving Deloitte S&O after just under 2 years on the job, to join the corporate strategy group at a retailer. Since this forum was very helpful to me as I was seeking jobs in consulting, I thought I would give back by candidly answering questions about...
Hi everyone, Thought I'd start a thread for 2015 <span class='keyword_link'><a href="http://tinyurl.com/3qtvcjr" target="_blank">McKinsey</a></span> insight and <span class='keyword_link'><a...
Just read a very interesting article on WSJ. Thought it'd be interesting to share with you guys! As you know, the Big 4 are known for audit/tax/accounting; however, in recent reports, it seems that is no longer their largest revenue generator. Consulting has grown exponentially within...
I think their pay is v high right? No cap on bonus. If you don't get into <abbr title="McKinsey, Bain and BCG">MBB</abbr>/dont choose to go to <abbr title="McKinsey, Bain and BCG">MBB</abbr>, is A&M a solid option? What about exit opps?...
Hello Monkeys - I'm heading into my last <span class='keyword_link'><a href="/guide/consulting-case-interviews">week at <abbr title="McKinsey, Bain and BCG">MBB</abbr></a></span>, and need something to do besides pack up my...
As the title goes, I will be joining McKinsey soon, but have already been receiving quite a number of messages from head recruiters / headhunters from the venture capital, private equity, technology and corporate space to my LinkedIn inbox, since listing it on my profile. So far I've only...
After fighting long and hard to secure a grad-level offer at a consulting firm, I've been there for a few months now and have realized I hate it. While I think a lot has to do with my current manager, who is something else, I find it extremely stressful every single day, on top of spending...
Hey guys, An undergraduate I am mentoring sent me a link to an AMA from this site from someone in business school. I was reminded that I was using this site 9 years ago in 2006. Back then I still hadn't accomplished much. Through focus. belief in myself and failing MANY times,...
I guess this goes out to the more senior people on this board who have experienced burnout before. I have been working 100+ hour weeks for over 3 years so far, but recently I have become burnt out. I have lost my desire for anything and everything. I have no desire to work, make money, go...
I was wondering if anyone could shed some light on ACN Strategy. I believe that it was formed in late 2013. Specific questions: <ol> <li>How many consultants work in the Strategy division relative to MC or SI?</li> <li>I've heard that for strategy projects, ACN...
A few weeks ago I finished interviewing for <abbr title="Masters in Business Administration">MBA</abbr> consulting internships and wanted to capture some of my thoughts while they're still fresh. There are lots of good resources for <span...
I got a lot of help reading <abbr title="Wall Street Oasis">WSO</abbr> when I was an undergrad and wanted to contribute somehow. Wanted to drop my 2 cents, as I <span class='keyword_link'><a href="/guide/consulting-case-interviews">feel like...
Hi everyone, After speaking with a couple students currently recruiting, I realized that a lot of students could use more information about <span class='keyword_link'><a href="/company/accenture" target="_blank">Accenture</a></span>...
Hi everyone, Frustrating experience here. After months of prep, couldn't sleep before an <abbr title="McKinsey, Bain and BCG">MBB</abbr> final round and blew the interview. Happened for the first time a year ago, and then again last week with a different <abbr...
<em>A stranger is being shown around a village that he has just become a part of. He is shown a well and his guide says: "On any day except Monday, you can shout any question down that well and you'll be told an answer". The man seems pretty impressed, and so he shouts down:...
The title really sums it up. I believe I have the requisite credentials on my resume to get an <span class='keyword_link'><a href="/guide/consulting-case-interviews">interview at <abbr title="McKinsey, Bain and...
I just concluded the third and final round of interviews for an associate summer internship at McKinsey and thought I would share my experiences and thoughts on the process. <h3>McKinsey APD Interview Process</h3> First a few disclaimers: <ol> <li>I didn't get...
<em>Mod Note (Andy): Interview/AMA Tuesdays! @karl_pilkington was nice enough to start this one yesterday. <strong><a href="//www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso">Click...
Dear <abbr title="Wall Street Oasis">WSO</abbr>, I'm more than happy to help any WSO’ers with perspectives on management consulting, renewable energy, agriculture, value investing, and life in the Midwest. And in return, I expect to learn from...
<em>Why go into consulting instead of the clearly superior investment banking?</em> <em>Don’t you travel an ungodly amount in consulting?</em> <em>Bankers make way more money.</em> <em>Aren’t consulting exit opps roughly equal to those of a...
Hi folks I am currently a 2nd year <span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD"><abbr title="investment banking division">IBD</abbr></a></span> analyst at an investment bank...
I read that firms are considering hiring more and more consultants from different backgrounds and non-target schools. However, does being from a non-target background affect your opportunities to advance after getting hired? I'm asking because I notice that most of the highlighted employees...
Thoughts? <!--break!> http://managementconsulted.com/consulting-salaries/2015-management-consulting-salaries-undergraduate-mba-interns/
Hey guys, From what I've gathered from speaking with consultants, places like <span class='keyword_link'><a href="/company/boston-consulting-group" target="_blank">Bain and BCG</a></span> seem like fantastic places to work. The people...
All, I was <span class='keyword_link'><a href="/company/pricewaterhousecoopers" target="_blank">member within PwC</a></span> Advisory, was told this week that they are making "strategic layoffs" and was let go the same day. I...
Hi Guys, I am a first year analyst at IBM within the Digital Strategy consulting practice, definitely the best division to be in at IBM consulting today! I am part of a few really cool internal initiatives and am relatively known in my group (80 first years so being known is good). I have a...
Sad day for the people at Booz... From dealbook: [quote]PricewaterhouseCoopers said on Wednesday that it had agreed to buy the consulting firm Booz & Company, bolstering its advisory business. Financial terms of the transaction were not disclosed, though Booz & Company is expected...
When I graduated from college, everyone advised me not to work at <span class='keyword_link'><a href="/guide/consulting-case-interviews">management consulting</a></span> firm <span class='keyword_link'><a...
Hey all, Looking for some thoughts on how you guys, looking at those actually in the industry, think the strategy consulting market is changing or will change in the upcoming 5-10 years. If you're in college but would like to chip in a few thoughts that's cool, but the usual...
I've gotten a lot of useful - and not so useful - information from this site over the last several years, and I'd like to give back by contributing some real content. Am finishing up a stint at one of the M/B/B firms and would be happy to answer any questions regarding <span...
I attend a northeastern <abbr title="Top 7 MBA business schools">M7</abbr> school and just finished first year recruiting, having <span class='keyword_link'><a href="/guide/consulting-case-interviews">landed 2 <abbr title="McKinsey,...
The title pretty much sums it up. For most of my life, I was a nobody. I went to a state school and received a horrible GPA (was going through some personal issues). Turned that around and went through a series of companies before getting into <span class='keyword_link'><a...
Undergrad considering full time offers one of which being Deloitte S&O in a non-top choice city (think Atlanta, Dallas, Houston). Is S&O truly the next best thing after MBB? What has given this firm such a high reputation? Does the Deloitte brand create that much better opportunities in...
I was recently reading a couple of books – Rise of the Robot by Martin Ford and Humans Do Not Need Apply by Jerry Kaplan. Both books share insights on the demise of both the industrial and knowledge eras. Both books provide key themes and stark warnings about the future of automation and its...
Left "The Firm" a little over a year ago. I've been meaning to do this and just never got around to it; no time like the present! I'm doing an AMA at r/consulting on reddit as well, in case you run across that. I joined McKinsey in a mid-sized office in the US as a...
Every now I tend to self-reflect on my career, my life, how far I've gotten and wanted to share some words of appreciation to <abbr title="Wall Street Oasis">WSO</abbr>, specifically being one of the Social Media interns back in 2014/2015 and now I'm currently a...
Not sure if this is the correct forum but I do SAP Basis and Security and have about 7 years experience and just turned 30 recently. Unfortunately I was severely underpaid at my last job and made about 80k and recently I got an <span class='keyword_link'><a...
Hey everyone, Over a year ago, I made an AMA after I received offers from 2/3 MBBs out of a non-target undergraduate school. That AMA is here: https://www.wallstreetoasis.com/forums/non-target-student-with-full-time-offers-to-23-mbbs-ask-me-anything Here I am again, 6 months into my new...
<em>Below is an estimate of all-in consulting compensation progression. This list has been compiled with information from <abbr title="Wall Street Oasis">WSO</abbr>, Quora, and more in order to present the most accurate figures possible. In addition to salary...
Lots of talk on Industry groups are on the banking side, but very little on consulting. What are the different industry verticals like? Obviously, there are changes from region to region and firm to firm and project to project, but I imagine at some generalizations arise: Private equity...
Hello, Would anyone have a good view on the current state of Strategy&? We've all heard the horror stories of the alleged mass exodus of partners and the overstaffing and subsequent layoffs, but those events (if they happened at all) seem to be from 2016 or so. Where are they...
Stumbled across this Forbes article from 1999 (link at bottom of post). When reading the first few paragraphs, you could easily think it was written yesterday (aside from the salary #'s). Makes the dotcom bubble of yore feel eerily familiar.... [quote]" <strong>7/26/1999...
This summer I interned with <span class='keyword_link'><a href="/company/goldman-sachs"><abbr title="Goldman Sachs">GS</abbr></a></span> (London) and got my return offer. I'm now trying to decide if I should go back or...
I am considering pursuing management consulting and I was wondering if there is a large difference in the type of work you do working at an <abbr title="McKinsey, Bain and BCG">MBB</abbr> vs. a 2nd Tier firm (such as Big 4 accounting firms ). Do you work for bigger...
In light of the posts I've seen here and there regarding federal consulting, I figured I'd give a shot at an AMA. We all know that commercial consulting has all the glamour, but federal consulting *can* be just as glamorous. I say *can*, because it is very easy, in my experience, to...
Hi Everyone, I've been lurking this forum for a while but now that I'm at a crossroads with job offers, I figured I would come out of the shadows for some help. Here are my current three offers (all are in the same city): <ul> <li><strong><a...
Conventional wisdom here would suggest that you need to go to a <abbr title="Top 7 MBA business schools">M7</abbr>/T10 school to give yourself a decent chance of making <span class='keyword_link'><a href="/guide/consulting-case-interviews">it...
One of my biggest pet peeves is people giving bad career advice. It drives me nuts when I see worn-out cliches like this being passed on to ambitious young professionals. ![The only place where success comes before work in the dictionary.][The only place where success comes before work in...
Hi guys, The title is self-explanatory. I know that consultants are hired to solve problems that companies are incapable of solving or simply do not have time to deal with; but what problems are we talking about? Increase revenue? Reduce costs? Strategic planning? Could you share your...
Hey everyone! Thought I'd do a quick AMA with this throwaway account. Currently employed at a north/western European office of one of <abbr title="McKinsey, Bain and BCG">MBB</abbr> at the manager level. Would love to discuss the European consulting space for those...
Just received a corporate strategy offer fresh out of undergrad in <abbr title="New York City">NYC</abbr> with a Fortune 50 company. The team is pretty small and seems elite, reporting to the CEO. Their offer is only 72K though, which seems really small in a city like...
Had my final round this past Friday and got the call the same day. This forum was pretty helpful to me, so I wanted to pay it forward. If you're still in the process for McKinsey (or BCG, I also interviewed there) and have any questions, send 'em my way and I'll do my best to answer.
Helo! During and after college, did some computer work. DO I EVEN HAVE CHANCE? THANK YOU ALL SO MUCH.
Hey everyone, I just wanted to share with you some tips and tricks that ultimately helped me getting a job at the <abbr title="New York">NY</abbr> office of <abbr title="McKinsey, Bain and BCG">MBB</abbr>. ### My background and path to the offer...
Undergraduate lucky enough to be deciding on a few different consulting offers. Wanted to see if anybody had any advice for choosing between Deloitte S&O (probably #1 of the Big Four) and a smaller shop like L.E.K. Any thoughts on differences in prestige/exit/B-school?
I am a senior at a target and was rejected from my final round <span class='keyword_link'><a href="http://tinyurl.com/3qtvcjr" target="_blank">interview at McKinsey</a></span> last month (for a BA position). Although I received a tier 2...
Over the course of consulting recruiting, I was surprised by the number of times somebody suggested to me that if one reaches partner level at <span class='keyword_link'><a href="/company/mckinsey-and-co">McKinsey</a></span>, Bain, or <span...
Closing this down - thanks for the great discussion! Best of luck, everyone. Wishing you all the best.
Was a great performer when contributing to my engagements as a Consultant however I've been recently placed into a stretch role on an engagement that involves activities traditionally done by a Manager/Senior Manager on the project. I'm struggling to perform as per my usual self in the...
Given their relatively new entry in the strategy consulting market, what are your thoughts about Big 4 strategy consulting teams (Monitor, S&, PEY), both at current level and in the future? I've heard a lot of things about it, like Big 4 are investing a lot in strategy consulting...
One of the most common questions I discuss with aspiring consultants is whether they should go back to school to earn an <abbr title="Masters in Business Administration">MBA</abbr> if they want to become successful in consulting. The blueprint that many people have in their...
<abbr title="Wall Street Oasis">WSO</abbr> staffers. If you see this you might want to limit the amount of spam posts your own system generates on this message board. It isn't even readable at this point given the limited traffic.
Have lurked on here since undergrad so posting here in case I can be helpful. **Before MBB**: Went to a target state school (think Berkeley, Michigan, etc) and studied computer science. Interned at <abbr title="McKinsey, Bain and BCG">MBB</abbr>, some tech companies...
I was wondering if anyone here had experience with or knows anyone that works at a big 4 restructuring group? I know A&M, Alix, and FTI are top for restructuring (consulting), but how are the big4 viewed in regards to restructuring? is the work any different? ops? etc. Referring...
Hi guys I'm a long term lurker of wallstreetoasis. I'm trying to break into the consulting industry and already have been assigned projects at a big 4 firm (Part time not full time). However, they have paid me on the projects at a salary of 50K/year, which is awfully low. I just...
Does anyone know what the acceptance rate of <abbr title="McKinsey, Bain and BCG">MBB</abbr> Is? What percent are invited for first round, second round and offered a position?
Just curious to know about the general academic backgrounds of consultants. In my university, there are three specializations: public accounting, finance, and management. (The management specialist also includes concentrations in Marketing, International Business, Strategy, etc.) For a...
Why do you want to or enjoy working in consulting? Why would you prefer to work in consulting rather than in private equity? Thanks!
Since graduating, I have been in consulting for 2 years now and have been on a variety of projects (implementation, compliance, even assessment/control testing). I've gotten a positive experience out of all of them (even under difficult situations...) and learned new things that I'm...