Why Don't Operational Restructuring Firms (Alix, A&M, FTI, etc.) Hire Undergrads?
Hi fellow primates,
I was wondering if anyone on here, especially those that have worked or currently work at an operational restructuring shop, could provide some insight as to why these consulting firms do not hire full-time employees directly out of undergraduate college.
I understand this space can be a bit more complex due to the different industries involved (i.e., bankruptcy law, finance, and accounting), but I don't understand why these shops still wouldn't consider an upcoming college graduate that has an adequate understanding for this space.
Additionally, I would like to point out that, although extremely competitive, the financial restructuring side run by banks do hire undergraduates out of college.
Does it have anything to do with it being a consulting (client-facing advisory) role? Working on an hourly wage? Appreciate any ideas.