Comments (45)

 
Jul 6, 2014 - 9:24am

M/B/B Junior year internship (Originally Posted: 08/13/2010)

Hi all,

SO looking around these forums, I've gotten the gist that a junior year internship at M/B/B is tough to get, but I haven't really heard any more information besides that. How tough exactly is it? What do they look for?

 
Jul 6, 2014 - 9:28am

Consulting Internships - Bcomm degree (Originally Posted: 01/02/2014)

Hi guys,
I finally figured out what I want to do with my Bcomm degree! Management consulting. However, I do know that it is hard to get an internship during undergrad. I do not have any professional internship experience, yet I have worked many service jobs (i.e cafes during school, restaurants, tennis lessons). What would you recommend I highlight in my cover letter if I do not have professional experiences to fallback on besides service jobs?

 
Jul 6, 2014 - 9:29am

Talk about school projects, and try and make them sound as technical as possible. The idea should be to brand them as "research" projects. If you spin it right, you can make them sound like good experience. Also, heavily emphasize any community involvement, leadership, or clubs you are in. Even you don't have a lot of experience in these things, just remember you can make anything sound impressive if its phrased correctly, even it is just "owning your own lawn-mowing business' or something like that. Try to underplay your service jobs as much as possible, it absolutely should not be the focus of your letter, they will not impress a recruiter and may even hurt you

 
Jul 6, 2014 - 9:35am

I'm not so sure about that boz928. A have spoken with quite a few people who have worked as actuarial consultants and the opinion I get is that actuarial consultants tend to work a much more relaxed work week ( often ~40) but they still get paid over 100K. The work that you talk about is all done up frint at the beginning of your career doing the SOA exams.

 
Jul 6, 2014 - 9:36am

Sorry this is getting off topic. The advice that I've gotten about getting a consulting position is to talk to your school's career services office and they may know someone who is from your school who is a firm that may hire you. The idea is that they won't be able to hire you, but they may be happy to help our someone from their school to learn the process by which they might be able to get hired.

 
Jul 6, 2014 - 9:42am

Summer Internship with M/B/B (Originally Posted: 01/11/2009)

Hey Everyone,

I'm interested in joining M/B/B as an intern this summer, and had a few questions, since relatively little is known about these positions. I know the basics of the recruiting process, but other questions I have include...

  • How many people does each firm take?

  • To what extent do connections help you get the first round interview? Do only partner-level connections help, or can the BA/AC level people vouch for you in some way? Do connections carry weight beyond the interview?

  • What's the deal with GPA? There seem to be conflicting opinions, with some who say that there's a 3.5 or 3.7 cutoff. This is bad news for me, as my GPA is in the 3.1 - 3.4 range (at HYPSW).

  • To what extent can campus leadership activities and strong work experience help mitigate a low GPA? I'm talking about fairly impressive stuff for the resume in both areas.

I guess in short, I'm wondering: just how damn hard is it to get one of these internships? I have everything except GPA going for me, pretty much: excellent prior jobs/internships, visible campus leadership, and connections, but I'm not sure what my competition is.

 
Jul 6, 2014 - 9:43am

I would take the stance that there is a gpa cutoff def, as these firms, McK in particular, are looking for genius-level candidates. I cannot speak to HYPSW, but I can speak to the University of Virginia. Bain abd BCG it's somewhat easier to get the first interview, and as you know, after that it is all on you to kill it; resume does not matter anymore. So I think you are probably in great shape there.

McK, however, prbably gave out about 8-10 first round interviews in totality, for Summer BA, across the entire 3rd year class of the state school. Pretty remarkable. Essentially have to be a Jefferson Scholar to get in the door.

M/B/B internships are pretty tough to come by anytwhere just because there aint shit for you to do there over the summer. Best you can do is stop worrying about who you aint and be positive and hope for the best. If Bain and BCG come knocking, then you are in good shape for full-time recruiting. If not, focus on getting something else good.

 
Jul 6, 2014 - 9:44am

My impression is that each firm hires 3-5 interns per office in a good year (smaller offices may take less). In other words, it's ridiculously competitive. If full-time recruiting this fall is any indication, that number will likely shrink for juniors applying for internships this year. I'm not too sure about how much connections are going to help you.

To be honest, I think that GPA is going to hurt your chances quite a bit in a normal year, but my guess is that it's going to be way more competitive this year. What kind of leadership positions are we talking about? Do you walk on water?

 
Jul 6, 2014 - 9:45am

I have heard that a certain mid-tier BCG office (would rather not name but it is a real office not like Miami or something) is not taking any summer interns this year.

To reiterate a truth that was said before, BCG and Bain are much more generous in giving out 1st round interviews and after that they are evaluating how you did in the interview, not stacking your resume up against the next guy.

 
Jul 6, 2014 - 9:47am

Thanks for the answers. It serves as a reality check and a reminder not to put all my eggs in one basket.

At my school, there are around 50 first round interview slots, I believe. Though I wouldn't be surprised if there were 500 people vying for them.

Speaking about offices actually brings up another question I'm not sure about: Is recruiting done on an office-by-office manner? Are some offices easier to get into?

 
Jul 6, 2014 - 9:48am

Effectively, yes the recruiting is done on an office by office basis. Even though they ask you to list "top 3" if you make it to 2nd round the people that are evaluating you are senior people from your top choice office (they usually fly you there) and if an offer is given it's for that office.

That said, once you get an offer for a certain office it is possible in some cases to transfer to another one. That usually depends on what kind of yield they get from the office you want to transfer to. Bottom line, choose your first choice office carefully and make sure it's the one you really want to go to should you get an offer. Even if you have no preference, bear in mind that your top choice will likely be where you end up.

 
Jul 6, 2014 - 9:49am

A few thoughts to each of your questions, mr.memphis:

This year and the next few years will be atypical in regards to applicants. summer internship programs are already small in consulting and will be even smaller - not surprised that a few offices won't be making offers.

And yes, recruiting is done on an office-to-office basis. This is a long topic in itself, so feel free to email me if you're interested in learning more.

Connections will help in getting interviews depending on a few factors - how senior the person is, the closeness of your relationship. Where those connections help the most is getting more attention on your resume (but tough to help you get the actual first interview), and getting you from the first interview onwards (since then much of the discussion is judgmental and impression-based).

As I usually say, the GPA cutoff is around the 3.5 level for MBB (and comparable for leading boutiques and Top 10s). This isn't cut in stone and depends on factors such as major, school, etc

And finally, yes extracurriculars and work experience help a lot. Particular roles of leadership, and where you've shown entrepreneurial initiative (eg starting a student group).

Hope all this helps.

Management Consulted
www.managementconsulted.com

 
Jul 6, 2014 - 9:50am

Not to be discouraging or anything, it will be hard for you to get an interview with less than 3.5

I had interviews with all MBB and went to final rounds, the competition is very tough, especially this year. At McKinsey most people I know have a GPA of 3.8+.

This doesn't mean you have no chance, it's just that you should also try to apply to other consulting firms, Booz, Deloitte, etc.

You still have a shot full time.

 
Jul 6, 2014 - 9:51am

junior consulting internship help! (Originally Posted: 07/30/2015)

Hey guys I'm going to be a junior at a non target school close to nyc this fall. I have been researching a carreer Im consulting and want to know what is the best way to break in. I have a 3.0 (which can be raised by the end of fall) and no prior internships. What is the best way to obtain and internship either this summer or next. I heard that consulting internships are hard to come by. thanks for the help guys

 
Jul 6, 2014 - 9:52am

Honestly, You're going to have a lot of trouble getting an internship with the information you've laid out. And your GPA may be below the minimum that most consulting firms will accept (I'm currently a rising junior too so I'm not 100% sure)

I would focus on getting some kind of professional work experience and raising your GPA. Also try finding alumni in consulting and getting their feedback. They may be able to help you develop a better path with more details on your background.

 
Jul 6, 2014 - 9:53am

A1j is spot on. I wouldn't waste time applying to consulting firms at this point. Find a smaller company (through a family friend or relative) that you can intern for to gain some professional experience. Work for free if you need to. Even if you get 4.0's each semester this year, it's going to be difficult get a consulting gig in the near future. Your best bet is to work your ass off the next few years, get a good full-time job at a F500, and then get into an elite business school.

 
Jul 6, 2014 - 10:03am

At my public target, MBB each gave out 3-4 initial internship offers. It varied because certain firms had more nearby offices they sent interns to, plus some kids out at international offices. I say initial because some were snubbed by finance/each other and ended up taking people off their alternate lists. For full time, they gave out 4-6 each.

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