What are my chances of getting into MBB or Tier 2 consultancies?

Hi everyone,

Wanted to ask for people's opinion, especially those already in consulting.

I am currently 23, with decent A-Levels (ABB) in Economics, Maths and Physics, a 2.1 BSc from the University of Nottingham and just finished my masters degree getting a Distinction in MSc from King's College London. I have some internship experience in equity research at a small boutique, and as a leading equity analyst at my university's investment fund.

I have managed to land an analyst role right after finishing my masters degree at a less known consulting firm focused solely on the financial services industry, which I am excited about given the tough labour market at the moment. However, my ultimate goal is to try end up at one of the MBB or the big 4 strategy consultancies, once I pick up about a year's worth of experience at the current job.

I wanted to ask for people's opinions on whether or not, based on this background, I would even have a chance at landing a job in one of these top consultancies (having decent A-Levels, BSc and MSc from respectable universities and some relevant experience). Or am I just dreaming?

Don't roast me, just give me your thoughts, some advice would be super appreciated.

2 Comments

WSO Monkey Bot

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Based on the most helpful WSO content, here are some insights regarding your chances of getting into MBB or Tier 2 consultancies:

Background and Qualifications:

Education:
- A-Levels: ABB in Economics, Maths, and Physics.
- BSc: 2.1 from the University of Nottingham.
- MSc: Distinction from King's College London.
Experience:
- Internships: Equity research at a small boutique, leading equity analyst at university's investment fund.
- Current Role: Analyst at Curinos, a consulting firm focused on financial services.

Insights from WSO Content:

Educational Background:
- Your academic background is solid, with degrees from reputable universities. This is a positive factor as MBB and Tier 2 firms often recruit from top schools.
Internship and Work Experience:
- Having relevant internship experience in equity research and a leadership role in your university's investment fund is beneficial.
- Your current role at Curinos, although at a less known firm, provides you with industry-specific experience which can be valuable.
Transition to MBB or Tier 2:
- MBB: The transition to MBB can be challenging but not impossible. MBB firms have a rigorous selection process and often prefer candidates with experience from top-tier firms or exceptional academic and professional achievements.
- Tier 2: Transitioning to Tier 2 consultancies (e.g., Deloitte, Strategy&, LEK) might be more attainable. These firms also value strong academic backgrounds and relevant experience, and they might be more flexible in their hiring criteria compared to MBB.

Advice:

Networking: Leverage your network to connect with current consultants at MBB and Tier 2 firms. Informational interviews can provide insights and potentially lead to referrals.
Skill Development: Focus on developing consulting-specific skills such as problem-solving, communication, and analytical abilities. Consider taking relevant courses or certifications if needed.
Application Strategy: Tailor your applications to highlight your academic achievements, relevant experience, and any unique skills or insights you bring to the table. Emphasize your industry-specific knowledge gained at Curinos.

Conclusion:

While breaking into MBB might be more challenging, your background gives you a reasonable chance at Tier 2 consultancies. With strategic networking, skill development, and a well-crafted application, you can improve your chances of landing a role at these top firms.

Sources: Q&A: Strategy consulting Associate Partner offering career advice, Q&A: Strategy consulting Associate Partner offering career advice, Q&A - Left First Undergrad with Sub 2.0 GPA====>Booth MBA/"Tier 2" Consulting, Q&A 2.0: 3rd Year BA/A/AC At MBB Going To UMM/MF This Summer, Is there HONESTLY a difference in the quality of work between Strategy& (Tier 2 consulting) and MBB?

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