Hey all,
I searched but couldn't find much on how difficult it is to transition from a F100 FLDP program after 3-5 years to consulting. Could anyone speak to this? I'm not so much interested in MBB as I am in some of the 2nd tier alternatives or even boutiques. Is an MBA necessary? Also, what title would you come in at?
Thanks in advance!
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An MBA is generally the easiest and most efficient way. I'd probably start networking with boutiques and Tier 2/3 shops. Figure out a plan and look to make the leap after your done with your program. Can I ask why though? Barring truly loving consulting, most people do it with an expectation of doing a few years and then hopping to industry. If you're doing a FLDP, you are getting the acceleration and visibility consulting provides and I think it is unlikely to really do you as much good as if you were starting straight out of college in it.
Some of it has to do with prestige and also variance in work. After your FLDP rotations in corporate finance you're usually not going to get many opportunities at varying experience anymore. In consulting, one has the opportunity to do engagements with multiple clients.
I think it depends on your FLDP experience. Any exposure you can get to strategy/operational type work the better. (just like you'd corp dev type work if you wanted IB). Stay away from "glorified accounting" jobs. I'd probably go that route before pursuing an MBA. If it proves difficult, MBA may need to be considered.
Pm me.
Anyone else?
FLDP to MBB (Originally Posted: 04/24/2013)
Current senior that will be graduating from a non-target in a few weeks. Received a couple of offers for lower tier consulting firms but ultimately decided to go to an A&D FLDP so as to look better for top business school.
My ultimate goal is to break into MBB. Is it possible to leverage my FLDP experience after the two year program to break in or should I wait until after business school?
I have already read on here that as soon as I get into the program I should network to get a rotation into either corp dev/strat.
I am currently studying for the GMAT and will be taking it this summer before I start working.
If that's what you want to do, you should strive to do it before business school. That way, you're recruiting in business school as someone who already has experience versus a career changer.
I was hoping for some more insight on this.
When I was recruiting I met consultants at all major firms with LDP backgrounds (not just finance - also operations, engineering etc.).
MBB love LDP backgrounds, especially at blue chip companies - perhaps even more than IBD experience - because you get to work (=learn) in multiple roles , get experience interacting with senior leaders, and because you will have functional expertise to share with clients which increases your credibility as a relatively young consultant.
Recommend doing the LDP, then do an off-program role at the same company for 1-2 years, and then go to business school. If you recruit after 2 years to MBB, you will still be coming in at the undergrad level and it is a huge backwards career move vs. taking an off-program role. The off-program role will also look better to MBA programs (you are better off being, for example, a P&G Brand Mgmt rockstar for 4 years than 2 years P&G + 2 years MBB (in the latter case, you might be competing for a spot with somebody who was e.g. 2 years MBB and 2 years Blackstone - while sticking with P&G would have you competing against other F500 types)).
This here is the greatest advice directly about this I've read.
+1
Thanks for this!
Have met great consultants coming from GE's rotational programs in particular
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