Where to go from here - Young analysts

So I've posted a bunch here in the past, but I figured as I'm trying to start my career over, I might as well make a new name.

A little background, I graduated in 2011 from what would either be called a semi-target or a strong regional target. I graduated with Latin honors, part of the honors program, majoring in Economics and Political Science (double major). I played a varsity sport and held down on campus jobs including one in which I was promoted to supervisor.

For the past 16ish months, I have been teaching English in a foreign country as part of a government program. It's not very prestigious or anything. I don't really have any plans to go into teaching long term, so I'm looking to get into something more lucrative, a lot of my friends are in IB/Consulting, so that's the type of background I see myself fitting into.

In college, all my work experience was government related as that was my focus, but one of my internships launched an interest in business and management, so essentially I don't have any internship experience in business, but I do in congressional offices, including congressional leadership offices. While I like politics, I don't want my job to essentially tie me down to Washington DC for the rest of my life...

So for the past 2 months, I was interviewing with a MBB consulting firm, I got the interview through the referral of a partner that I found through my school's alumni directory. I felt like I followed all the right WSO routine for networking and it seemed to go pretty well, as I thought I did terrible on my first interview, but they passed me. Then in the second round I thought I did great was pretty much 99% sure I was going to pass into the final round, but I was dinged. I've done a good 20 hours of live case practice in addition to just on my own (yes, I realize I could do more).

So from here I'm not sure what to do. I know it's too late to get into consulting through the standard recruiting season, but is it too late to get in through alumni connections and stuff? I feel like I'm not good enough for the McKinsey/BCG/Bain brand, so any suggestions on firms that use employee referrals heavily? I have a pretty good friend at one of the Big 3 accounting firms' consulting practice, but he's only a 2nd year analyst, should I be going for bigger players found through my alumni base? I would say my alumni are pretty receptive to helping, only problem is not sure which companies are also receptive...

So in essence, how much pull do young analysts have in terms of securing a position? Are there any consulting firms that are particularly receptive to employee referrals?

Thanks for any help.

5 Comments
 
Best Response

I would guess that if you were able to get a foot in the door at MBB then you should be able to score a gig at PWC/Deloitte with proper preparation and networking. I think you have the formula correct its just a matter or determination at this point. I'm interested to hear what others say. As a relatively recent grad coming from a semi-target/strong regional school as an engineer working for a F100 company hoping to make the switch to consulting myself, I can empathize with your situation. Its frustrating, but keep reaching out to alumni and eventually something will stick. Best of luck to you.

 

Thanks for the help guys (even your (what I think is) sarcasm aadhirasharma). Anyone else have any advice on firms to go to that tend to be open to employee referrals?

Thanks!

 

Aut perferendis repudiandae iste officiis consequuntur. Eveniet laudantium delectus aut et. Excepturi ex neque aliquid sed incidunt ut sunt. Et exercitationem et autem sed. Repellat doloribus sequi voluptates est. Est ut commodi blanditiis corrupti.

Sint molestias et ullam et. Ipsa adipisci voluptatem laborum rerum. Ea et voluptatibus nam ut consequatur rerum facilis eius. Eum non doloribus dolor.

Quis mollitia aspernatur excepturi iure placeat consectetur nemo. Sequi illum ullam eius labore veritatis maxime. Soluta dolores expedita adipisci est. Consequatur sed perspiciatis consequatur et voluptas. Et tempora delectus quam quis cumque expedita laborum.

Voluptatum ut assumenda praesentium aut voluptatibus autem. Molestiae odit non sapiente et maiores excepturi explicabo culpa. Totam dignissimos non nemo aut ipsam sed quasi.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”