Accenture Management Consulting

Can anyone tell me the basics about Accenture (Management)? Interview process, culture, compensation, employee outlook, etc.? Also, I'm not so clear on how Accenture splits Strategy and Management consulting. It seems that Strategy is under Management, but the website also suggests that they're different. Thanks for the help.

 
Best Response

Accenture is more operational consulting than it is strategy oriented. They like to differentiate themselves from more strategic oriented firms such as McKinsey in that they propose to not only develop the strategy, but to pro-actively implement the change within the operational aspect of the business. I only made first rounds with them, but first interview is very basic, they just go over your resume. I would recommend that you know at least the basics of ERP and SAP just to get a feel for the company. Second-round interviews is where you'll have the case analysis and there's also third rounds. When I was talking to the other consultants there they really loved their jobs, but I've heard large consulting firms can get pretty bureaucratic compared to the smaller ones. Hope it helps.

 

Basically out of 150,000 employees, 13,000 are in Management Consulting, of which 1000 are in Strategy. Strategy is definitely hard to get in, and without top MBA or ivy undergrad, etc., the chances are slim to none. All of Management Consulting has a very strong IT slant.

Only Strategy has case interviews, rest don't.

For the other streams, first round is get to know you, why you want to do consulting, etc. Second round is more like "Tell me one time when you ...". Third round is in office with Senior Managers and Executives. Mix of first two rounds, nothing out of the ordinary. You are expected to have good questions to ask. If you make it to Final round, its your offer to lose. Note that this may not be true for Strategy.

 

How has the reputation of Accenture Management Consulting risen or fallen the past few years? What's future outlook?

Only concerned with MC/Strategy Practice, not IT or Systems

http://ayainsight.co/ Curating the best advice and making it actionable.
 

It's a different ball game to the strat houses. In fact mostly it's implementation work.

Accenture's work is split roughly: - 60% technology implementation - 30% outsourcing - 10% strategy

Outsourcing is apparently the fastest-growing segment.

If you're joining, be very careful that you're actually getting aligned to strategy. And even if you are, be aware that it might not be quite like it is at MBB or similar.

In terms of career stats, I would say:

  • interview process: extremely simple compared to the strat firms
  • remuneration: good but lower than at MBB, almost all 2nd tier (OW, LEK, ATK, RB, etc) houses, and almost all boutiques.
  • work/life balance: not much better than the above alternatives
  • culture: very competitive and quite pressured, staff are 'laddered' and ranked in order based on performance, with the bottom segment given the boot. People can still be nice and good fun, though.
  • brand: quite bad within consulting, not that bad outside
  • prospects: good MBA entry is not impossible, but harder than at MBB or others. Moving internally to other consulting firms may not be easy. Most common exit route appears to be getting poached by one of your clients to work internally with them
 

Do big firms really take anyone for entry level positions I've been emailing with some alumni at PwC/Deloitte and they're all saying that they mostly take undergrads/MBA students for entry-level hires, the rest are mainly laterals from relevant industries...

So while I don't know any of the Accenture employs personally there seems to be a lot of alumni working at Accenture, do you have any recommendations for asking them for an employee referral without just coming out and asking them directly in the initial cold email?

Thanks so much for the help guys

 

Firms definitely take Master's degree hires and people who have worked post bachelor's/master's for 2 to 3 years. To approach an alumni, say you're interested in their firm and offer to take one out to lunch. Ask them about the job and then ask for a referral or put in a word for you to HR. Do you have on campus recruiting at your old college? Maybe contact the campus recruiter.

 

Is it considered normal/acceptable to just straight up ask them for a referral, or is that more the type of thing that they should volunteer?

Do most take people who have worked post bachelors for 2/3 years even if the previous job was completely unrelated to business/consulting (i.e. teaching)?

 

I personally know someone who worked as an accountant for a year before quitting and getting hired by Accenture in a completely unrelated group. So, Yes, i think you can definitely apply and have a decent shot. The only other catch is your salary will be the same as an entry level who just graduated.

By the way, the online applicaiton is not a black hole. that is how i got my job :)

 

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