How to prepare for consulting full-time recruiting

Hi everyone,

I am currently a junior at a semi-target. Unfortunately I didn't land an IBD SA internship, but I will be interning at a fortune 100 company in the insurance industry. I know that IBD FT recruiting might be extremely hard, so I am thinking more about consulting full-time recruiting in my senior year.

First, I am definitely going to work hard to try to secure a return offer from my internship company. Second, I was wondering if it's appropriate that I reach out to people in consulting now and network? Or should I wait until my internship ends? If I do get a return offer, I might have to respond within a month, which I estimate is mid-September. How can I get a offer in early September or something?

I would really appreciate your feedback and advice!

 

I'd say focus less on the firm and focus on what you want to do. A 3.5 GPA from a semi-target (what is this?) already makes you a long shot for MBB. If you are PRETTY SURE you want to do consulting, I see no reason why you should not take the Big4 consulting offer. It gives you an opportunity to test it out and maybe even land a FT position.

In terms of what would be more attractive from an MBB's eyes, I'd have to say the Big4 offer. A consulting position shows that you are serious about it, enjoyed the lifestyle, and already have the basics down so you can get going from day one.

It also sounds like you want to do some stepwise function of B4 Corporate Finance -> IB -> MBB. If you want to compare Big4 Consulting to IB from a MBB's eyes, I'd say they're about equal, unless you can get into a prestige IB like GS or MS.

 
Best Response

Sint quis id ullam ipsa quisquam tempore possimus. Ipsum voluptatem accusamus quidem. Dolorum accusantium est voluptatem facere placeat ea. Ipsa sed impedit unde expedita qui tempora quis.

Eligendi consequatur vero minima est quo. Voluptate enim veritatis beatae. Et excepturi sit pariatur dolorum qui occaecati vel quia.

Est odit inventore unde incidunt voluptates eligendi nulla. Ducimus voluptas veniam minima eligendi ab mollitia ad. Dolorum molestiae expedita modi quae quidem magni dolorem. Repellendus qui voluptatem quod soluta architecto dolor quas.

Veritatis sed beatae quia perspiciatis est omnis rerum. Ab voluptate est cumque aut quam qui fugiat. Modi harum odio cum aut omnis id. Repellendus non natus recusandae ut eum. Magni saepe id ipsam amet et reiciendis.

Career Advancement Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Overall Employee Satisfaction

April 2024 Consulting

  • Bain & Company 99.4%
  • Cornerstone Research 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • McKinsey and Co 97.7%
  • Oliver Wyman 97.2%

Professional Growth Opportunities

April 2024 Consulting

  • Bain & Company 99.4%
  • McKinsey and Co 98.9%
  • Boston Consulting Group (BCG) 98.3%
  • Oliver Wyman 97.7%
  • LEK Consulting 97.2%

Total Avg Compensation

April 2024 Consulting

  • Partner (4) $368
  • Principal (25) $277
  • Director/MD (55) $270
  • Vice President (47) $246
  • Engagement Manager (100) $226
  • Manager (152) $170
  • 2nd Year Associate (158) $140
  • Senior Consultant (331) $130
  • 3rd+ Year Associate (108) $130
  • Consultant (587) $119
  • 1st Year Associate (538) $119
  • NA (15) $119
  • 3rd+ Year Analyst (146) $115
  • Engineer (6) $114
  • 2nd Year Analyst (344) $103
  • Associate Consultant (166) $98
  • 1st Year Analyst (1048) $87
  • Intern/Summer Associate (188) $84
  • Intern/Summer Analyst (551) $67
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”