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Yes. Almost all students at my university's consulting group got placed at IBD in BBs/elite boutiques and at MBB. It'll also help expand your network for this very reason. Remember, though, that it is a serious time commitment.
The consulting group at some colleges (I.e. Harvard) are quite good I heard. You have to apply and then interview. They have pretty good deal flow and have workshops, etc.
I also heard about consulting groups at other schools such as UMich. There's a group called Nexecon Consulting Group. http://nexeconconsulting.com/ They have very low admission rate and has a similar recruiting process like the one at Harvard.
BUT
During Nexecon's interview, the "consultants" like to give out case studies and see how applicants perform. But the hilarious thing is that the "consultants" are the ones failed MBB's case studies. And if you look at their websites and the members' linkedin, you'll find that many either work in private wealth management or lower tier consulting.
http://www.linkedin.com/in/joshlin http://nexeconconsulting.com/team/founders.html
I think this answers your quesiton.
"Almost all students at my university's consulting group got placed at IBD in BBs/elite boutiques and at MBB."
unqwertyfied, what school do u attend? I'll dig up their website and do a little research on them. I highly doubt what you said is true.
If it is true, the finance clubs may as well shut down and send all their members to consulting groups, since they place better. From what I've seen, the ones who actually do get MBB are actually NOT in these groups.
Check your PM.
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