Hi All,
I know it is pretty much a shoe-in for the M7 schools to place in MBB or other top tier consulting firms, but...
How easy is it to land a management consulting role coming from an MBA Program at a Top 10-25 school such as UVA, Georgetown, Emory, UNC? How about international schools such as Oxford and Cambridge?
What's the competition like for these roles? Are students at these schools all gunning for consulting or is it a mix?
What specific firms should you target coming from Top 10-25 (assuming the chance for MBB is low)?
What can make you stand out to ensure you land a spot in management / strategy consulting?
Hi Jager, check out these threads:
Who will rescue this thread? aliya macooper1 LadyMBBMonkey
If those topics were completely useless, don't blame me, blame my programmers...
Jager - I can't speak for international programs and consulting, but I can for US programs:
there is a large difference between T15 and T25 when it comes to consulting. MBB recruits at pretty much all T15 schools, but only some T25 schools. Additionally, most smaller T2 firms (Parthenon, LEK, ATK, and Strategy&) don't recruit much past the T15.
Competition is pretty stiff when it comes to consulting. I go to a T10/T15 and at my school about 60% of the students recruited for consulting in some capacity. Of those, 20-25% are going MBB. Another 20-25% are going to T2 firms and below. So anywhere from 50-60% of the people that recruited for consulting did't get it.
As far as firms to target, one thing that I didn't realize before I started is that a lot depends on your background. MBB are much more open to career switchers than T2 firms. My understanding is that having industry experience makes it much easier for T2 firms to sell work. With that said, our career center told all of us that were recruiting for consulting to cast an extremely wide net. I personally interviewed w/ 6 firms, which I thought was a manageable number.
I thought the most well-rounded people stood out the most and did the best during recruiting. At least those were the people that got the most interviews. As far as casing goes, a lot of people think you need to crush cases to get offers, but I didn't find that to be true. I think it is more important to be consistent and not to make significant errors than it is to crush a case.
Would enrolling in a 1-year program hurt you for consulting?
Take Cambridge or Oxford for example.
You miss out on the opportunity to do an internship, but the ROI and network from those programs are still very high.
1 year programs are a poor deal for most career changes. The true value of internship recruiting is that you get two, not one, recruiting cycles.
I agree with everything said here and can confirm the T10/T15 numbers. I would just add that the idea of MBA business schools">M7 being a "shoe in" is pretty ridiculous. Sure, if you are at an MBA business schools">M7 you will get a shot at interviewing but that's all those schools guarantee you. You still need to do well in cases and interviews. I know several people from even T3 schools who didn't end up with offers from MBB or T2. The competition is going to be tough for any of these jobs.
BreakingOutOfPWM
So say recruitment doesn't work out for T1-T2 consulting?
What options are you left with?
At that point have you missed the boat for IB recruitment?
Is there any way you can still break into consulting (even if its T3/boutique) or will you end up in corporate somewhere since they tend to do their recruiting later in the season?
Curious as well. I'm not about to spend $100k in tuition to not find a job upon graduation. I've heard that, at my target schools (UT/Rice, pending GMAT), you have a better shot at finance than consulting. A recent McCombs grad told me that ~1/3 of students looking for a consulting gig received offers, whereas just about everyone who interviewed for IB received an offer.
You're definitely not going to recruit for IB - not only have you missed the boat (IB almost never recruits full-time outside their intern class) but you won't have the prep necessary if you've split your time prepping for consulting.
People who miss consulting usually get corporate jobs in all kinds of industries/functions. Lots of companies hire second-year students for full time roles.
Would those corporate roles be within corp strategy / corp dev?
Or more-so corporate finance / operational roles?
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