Oliver Wyman Reputation

Hi all,

What is Oliver Wyman's reputation? I understand they are a tier 2 consulting firm, but others have said that they compete with MBB in certain industries. It seems like this is more of a boutique consulting firm as it is a lot smaller than others. I know they have a global staffing model which is a bit different than others.

Is OW prestigious? What are the exit ops from working at OW? What's the culture like?

Thanks everyone!

Comments (11)

 
Aug 30, 2018 - 10:18am

universitystudenti, sorry about the lack of response. Maybe one of these topics will help:

  • Should I move from Oliver Wyman to BCG? value and potentially better exit ops are worth the risks? Oliver Wyman Boston Consulting Group BCG MBB ... I've been with Oliver Wyman FS for the past couple years. Recently I was approached by BCG, ... reputation in OW. Moving over to BCG would present a big uncertainty. Do you think the incremental brand ...
  • Oliver Wyman vs. Accenture (MC) I have two offers in MC from OW and Accenture- I fell in love with OW and the people, I'm ... are great benefits to working for either one. Accenture management consulting oliverwyman ...
  • deloitte s&o or oliver wyman gmc also, which has higher quality work-- i.e. more strategy, F50 clients? Oliver Wyman Deloitte Consulting ... OW has the direct to partnership model, but if you really wanted to go to b-school-- which is better? ...
  • 5 years ago, I was fired from Oliver Wyman. This is what I learned from it. (Andy): Best of 2016, this post ranks #1 for the past year Consulting fired oliver wyman mbb to Tuesday, ... Five years almost to the date, I was fired from Oliver Wyman (after 11 months at the firm, ... three sorted by the end of the first year. At Oliver Wyman, I was amazing at client facing, OK at ppt, ...
  • Oliver Wyman London vs Bain in Continental Europe Oliver Wyman (both final round) and got an offer from OW. Since I realised OW may be a bit too focused on ... European country. I know for sure that I want to do consulting, and my ideal consulting job would involve ... just take OW and go for it, or interview with Bain in my home country as well. I could directly proceed ...
  • Strategy& vs. Oliver Wyman (out of undergrad) variety of experience, etc.? Strategy& Oliver Wyman strategy consulting pwc strategy& Strategy ... Is there a general consensus on S& versus OW re: prestige, exit opps, B school placement, ... Consulting ...
  • Oliver Wyman 1st Round Interview coming up with Oliver Wyman GMC for an entry-level consultant position. It's a 30 minute, ... That was ridiculous!! Oliver Wyman ... over-the-phone case interview. (FYI, I have also applied to OW FS, but that app hasn't been responded to ...
  • More suggestions...

Any pros willing to rescue this discussion? Adam-Ching G-V tystep71

If those topics were completely useless, don't blame me, blame my programmers...

 
Most Helpful
Sep 4, 2018 - 6:04pm

It is not really a boutique firm, though definitely smaller than the MBB's.

They are really strong in Financial Services and to a lesser extent, Healthcare.

Yes, OW is very prestigious. To me they are the 4th most prestigious firm after MBB.
In general, exit ops are very diverse. In particular, OW exits well into FANG tech companies and any kind of financial services, including MM PE.

Culture is known to be tough hours, but compensation is usually pretty good. There are very few post-MBA hires, and almost everyone joined the firm out of undergrad.

 
Sep 5, 2018 - 11:40am

Compensation at OW is better than any other consulting firm.
Very quick promotion structure - some may say that people get promoted before they're ready.

It's on par with the other top T2 players for most industries, but rivals McKinsey for Financial Services.

It's tough to compare against Deloitte in terms of talent because Deloitte is a ten times bigger, but if you take an OW-sized sample of the top Deloitte employees, they'd be on par with OW.

Overall, I believe OW is the right choice if you don't get into MBB unless you're trying to be tech-focused or don't want a global staffing model.

 
Sep 5, 2018 - 7:03pm

I'm a little biased as I do work at OW but here is my take.

In terms of prestige OW is at the top of t2 shops. But I would say if you are looking to get the widest exit opps possible not including PE then S&O would be a better option. But if you are looking exclusively into PE then EY-P and LEK are better.

Yes, the pay is good. But with other firms raising their pay we are no longer industry-leading for entry level consultants. And the perks also aren't as good as some other t2 shops.

I would say if you care about exit opps into finance and can't get an MBB offer OW is the next logical choice.

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