Accenture?: insights and thoughts?

aadpepsi's picture
Rank: King Kong | banana points 1,303

Sidebar... a friend with a prior IB background (associate) switched to Accenture 2 years ago and worked as a Sr. Manager in their M&A corporate strategy group. Coincidentally just left Accenture to entertain prospects into PE, HF etc.

He's been talking to me ad nauseum about a move to Accenture. I'm not sold. If Accenture is so hot why did HE leave?

Anyways, anyone have any insights into Accenture?
Any insights into their corporate strategy, M&A team?
How much of their strategy work is really "pure" strategy?
Anyone know folks who left IB to Accenture? If so, what role?

Just exploring an idea...

Comments (38)

Nov 14, 2006

Accenture has an M&A team,

I thought it was totally tech consulting

Jul 31, 2007

Accenture is a big company friend.
Are you going to be working in the strategy division?

Anyway, the Accenture kiss of death is mostly a myth.
As long as you're in a relevant strategy role, you'd be eligible for lateraling

happy to give advice; no asking for referrals please

Jul 31, 2007

your comparing domains vs industry group. Resources would do everything from Systems integration to low level mgmt consulting work. ACN strategy is a little more specialised. But from my time there, its a lot of operating model design, growth strategy (mostly for smaller firms).

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Jul 31, 2007

There is there website/hundreds of topics on the consulting forum?

Beyond that they do a lot of implementation and IT work. They do have strategy also, but it is relegated, supposedly, to top tier people. But I would just look at some of the threads that are similar to this on the bottom of the forum and it will give you some insight.

Jul 31, 2007

What is it for?

Acc intern --> new firm intern?

Acc FT --> new firm FT

Acc intern --> new firm FT?

I actually don't know the answer, but this information may help others answer it.

Proboscis

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Jul 31, 2007
Nov 14, 2006

what do you currently do/where

Jul 31, 2007

Search Function.

Jul 31, 2007

haha fair enough. It'd be ACC FT -> something better FT

Jul 31, 2007

Catering

Nov 14, 2006

What do YOU currently do/where

Jul 31, 2007

I meant.....What was your experience like working there? Was it good, bad?

Jul 31, 2007

Bump. Anyone have any insight on this?

Best Response
Jul 31, 2007

HR so you can fire yourself and get a real job.

Jul 31, 2007
JeffSkilling:

HR so you can fire yourself and get a real job.

+1 for the funniest thing I've seen all day. Thank you, I needed that

Nov 14, 2006

good one

Jul 31, 2007

I went from Accenture's summer internship program to Bain. The experienced looked great on my resume, especially with an offer in hand - was a big leg up.

Jul 31, 2007

MCDP? I don't know. As far away from the SAP integration work as possible.

Jul 25, 2007

I'm interning at HF right now and one of our senior portfolio managers use to work at Accenture, he seems to have hated it.

Jul 31, 2007

strategy or M&A

You give me a gift? BAM Thank you note! You invite me somewhere? POW RSVP! You do me a favor? WHAM Favor returned! Do not test my politeness.

Jul 25, 2007

Total Tech Consulting. Everyone I know who worked there hates it.

Jul 31, 2007

straight up accountancy would probably be the most valuable in moving to IB post-business school

Jul 26, 2007

Total body shop, probably the worst there is.

Jul 26, 2007

Never heard a good thing about that place. Everyone wants out, except for those who did tech degrees and love that kind of stuff. If you're going for real business consulting, you will be disappointed.

Jul 31, 2007

Strategy.
Run from IT consulting.

Jul 26, 2007
fp175:

Never heard a good thing about that place. Everyone wants out, except for those who did tech degrees and love that kind of stuff. If you're going for real business consulting, you will be disappointed.

Pretty much accurate. Although I've heard some good things about them, it's from the Tech folk.

They even say on their website that you have to love technology. Or words to that effect.


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Jul 31, 2007

Strategy most definitely

Jul 26, 2007

I am frankly surprised someone went from ibanking to accenture to PE/HF whatever. Most Accenture peeps usually exit in to industry or another consulting firm, very rarely finance.

Jul 31, 2007

Depending on your location.
Some offices, their strategy work is really crappy. So no point going into it.
Accenture is not really that big of a player in strategy, their main focus is always on the IT side.
So to answer your question, pick what you like =)
just maybe, far away from IT consulting if you're looking to transition into MBB.

Jul 31, 2007

are they leaving because they aren't being paid well, or because they don't enjoy it? I personally am really into tech, and so IT is a great field for me, and accenture might be then a good place for me to work at.

Do you know by any chance how well they get paid compared to their business counterparts? Are there any of them that make around 150k or so including bonus?

Jul 31, 2007

I don't know why people keep shitting on Accenture Management Consulting. A manager I know is leading a team to develop a go-to-market strategy for a major logistics provider. Another project that a friend is on involves renegotiating vendor relationships to deliver millions in cost savings for the client. No IT in sight for either project.

The MD who runs AMC in North America is a former McKinsey partner. There are plenty of Senior Executives (the title Accenture gives its partners) who lateraled over from MBB.

Now tell me, if the firm was really "the kiss of death", why would anyone want to destroy their careers by moving here?

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Jul 31, 2007
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Jul 31, 2007