I am a transfer student from UW-Seattle. I have one week to choose one of them. I will be double majoring in Econ and Psych. Which one would be a better choice for consulting? Thanks!
20 May 2020
Some background info: 26 yrs old and currently own and operate two businesses. The first one is operated by myself and has an annual revenue of 200k second one has 6 employees, not including myself with an annual revenue of 2 million. I've also been doing PE for about a year and a half now at a small PE company. For the last 6 months or so, I've been thinking about working corporate because although I'm currently financially free and work less than 40 hours a week I only view my 2 businesses as hobbies. People always say "do what you love" but I love what I'm doing so much that no matter how
24 May 2020
I was called up by one of the MBB to do an interview with them and was invited to attend this dinner reception prior to actual interviews. At the event the partner of that office started roasting IB after learning my past internships were primarily banking related. He himself is responsible for consulting PE clients so I was pretty shocked hearing things like "IB contains mostly menial and unintellectual work", "300 columns in your spreadsheet and you got this number, but what does it mean in real world" etc. He was then joined by his principal who basically reinforced the whole IB sucks idea
06 Nov 2019
Two things. Audit is a statutory requirement while consulting is not. But if you understand the way an external audit works, you will find a lot of similarities. I'm listing out some of these similarities but I could be totally wrong as I've never worked in consulting so most of this is based on what I've read about consulting. 1) Risk Assessment at the Audit Planning stage: Very similar to consulting engagements in that you identify the key risk areas and then decide how you're going to respond to those (either by increasing internal controls testing to see everything's working efficiently or
01 Aug 2019
Looking to get some information in terms of culture and exit opps from EY-Parthenon's PEVC group. I heard about it being on the M&A side during recruitment but couldn't find much info otherwise. Thanks!
08 Mar 2020
Given that I've been able to gain a lot of insight through this forum I figured it was time to give back. Quick background on me: - I went to a non-target school in Toronto - Went from academic probation (less than 2.0 gpa) to graduating with a 3.6 GPA (in yrs 3/4) - Joined a top Tier Strategy Consulting firm - Promoted yearly, exited after 4 yrs. - Joined a fin-tech company to run strategy -> it later sold to a large card brand - Joined a SaaS tech company as a Director to run corporate strategy - Total YoE = 6 Ask me anything, I'm happy to be as candid as I can be about my journey here and
16 Apr 2019
Hi all, Currently i'm in an investment research role at a BB and I have doubts about this whole industry, mainly job security, the culture, work/life balance etc. This is not the team/area I wanted to end up in but nonetheless I make good money, more than all of my friends/peers my age. The progression is also good, so everything is in place but my interest in what I cover is fading (only having been in the job around 2 years). I have an offer from a T2 consultancy to join their grad program on a 50% pay cut (meaning the last 2 years have been a waste and I have to start my career over). Even
21 Jul 2019
I'm about to apply for colleges for my undergrad (electrical/computer engineering). After doing some research, I would really like to go into management consulting and then eventually transition over into an engineering industry management role, since I am interested in the bigger picture of engineering, but can't stand doing technical work my whole life. I am a little confused on the process however, I'd greatly appreciate if people could help me out on a few things. Is it possible to get a management consulting job right out of college with an engineering degree? If so, would I have to take
25 May 2019
Hey guys I would love some input on which job to take. Here's a bit of background on myself. I'm in between 2 job offers right now. One is a Big 4 tech consulting gig and the other being BB ops. I go to a target school in the south and I'm graduating with an MS and BBA in accounting, my GPA is in the low 3's but I have some pretty solid internships under my belt including one as summer analyst at a boutique . Ideally, I would have liked to have gotten an offer in investment banking, but I'm sure my GPA is what kept me from getting the interviews. I've heard that it is possible to network your
08 Jan 2020
Hi All, I am currently deciding between between the M&A strategy practice at EY Parthenon and the more general strategy practice at Accenture for my first full time job. I am leaning more toward EY-P as I like the location better and I think I will be a good culture fit, but I am worried that exit ops and career progression will be much more limited in this role. If anyone has input on this it would be greatly appreciated.
15 Oct 2019
Dear WSO members, My questions are: 1. corporate consulting vs corporate strategy vs normal consulting/strategy vs corporate development 2. What is business development (maybe with reference to Big 4 as I know about some of their departments theory wise) 3. How different is Business Development(BD) compared to Consulting/Advisory or Risk ( Are these subset of business development?) 4. Are BD Front Office ? 5. Which of these below are FO ? Risk vs Consulting differences (which one has better pay and more promotions) ? For example, these are taken from Deloitte website: Audit & Assurance
21 May 2019
Hi I am an analyst at a management consulting firm and am looking to jump ship. I've been in my firm for almost a year. I know that typically most ex-consultants move to PE, management, BD roles but I am interested in more back office roles like Human Resources, Marketing, and Communications. A few questions: 1. Most back office/operational type roles require a decent amount of experience unless you start out at entry-level roles.... Should I be applying for these entry level positions even though I have work experience already? They say that 1 year in consulting is equivalent to 3 in industry
05 May 2020
Recently started a corporate finance FP&A job. I'm not far in yet but even my senior analyst (1 year experience) spends most of his time updating already built models, refreshing excel reports, and building powerpoint decks for executive meetings. This is not really what I thought I was going to be doing. I wanted something where I work with a bit of modeling (I understand the minimal amount of modeling actually done in FP&A) and doing some calculations on forecasts (ROI, NPV). I work in the central finance group, which receives info from the business unit finance teams, consolidates the info
25 Nov 2018
My friend that worked at Accenture told me that in Consulting the first few years of consulting are nothing special. The work you'll be doing analyst and senior analyst is just similar to grunt work you'll be doing in industry. A bunch of excel, meetings and support work for senior people but you don't really have the position to exercise your strategic muscles. You won't learn anything that you couldn't learn in an average role in industry? I'm thinking of a business analyst, finance analyst, operations, marketing type roles. I wanted to get your guy's thoughts on this. Here are some
19 May 2019
Hi all, I'm a college student and I'm taking this COVID-19 stay at home time to plan my future career path. I'm a Marketing major and enjoy market consulting after coming in contact with some of the work they do but I'm also interested in traditional management consulting as well (maybe strategy). My current plan is to join a firm as an analyst and then working up to consultant but later on, after 6-8 years I think I want to transition into management consulting. How realistic is this idea of transitioning from market consulting into traditional management consulting? I know some companies
31 Mar 2020
I'm a History major at a top Ivy (HYP) with a 3.9 GPA looking to get into Consulting. The problem seems to be that since I'm an International student, I really doubt whether any firm will want to sponsor me for a work Visa. I don't have any good relevant internships either, so I would like to know if it would be easier to get a Consulting job in another country; HK, Singapore, Etc.
19 Aug 2018
I'm a senior from a target school who originally applied to management consulting jobs in the fall and unfortunately couldn't seal the deal on my final rounds. Moving into the spring I started also applying to finance positions in mainly PE, hedge funds, and investment funds. I was fortunate enough to get an investment analyst internship at a high-performing NY-based long-short hedge fund despite not having much experience (connected with the PM). It's been a great learning experience although catching up has been tough coming from a non-finance background other than some investing courses and
06 May 2019
Hi All, Just looking for opinions about my entry-level career decision. I am currently recruiting as an accounting student and potentially looking at two options: 1. The Big 4 for an audit position 2. Mid-tier firms (think top 10) in their TAS advisory service lines. I am having issues determining which path I should take - my ultimate goal is to end up in FP&A or MM IBD. Currently, I am leaning towards taking the mid-tier route but am trying to weigh the costs of not starting at a Big 4. I have been doing some research and it seems to be that the trade-off here would be Big 4 Name recognition
24 Sep 2018
I got an offer from EY advisory but I'm considering passing it up in order to interview at Deloitte. I would be taking up a Supply Chain Management Consulting position at both companies. I'm mainly considering this for two reasons: 1) Deloitte generally has a bigger brand name (at least in Canada), so the exit opportunities are better 2) I hate living in Toronto, Canada (lol) so I'm looking for international opportunities desperately. I want my consulting opportunity to lead me somewhere new, and Deloitte seems to be a more international firm. This is specially true since they're merging their
13 Nov 2018
I'm currently a summer analyst at a BB bank for S&T in NY. I applied to the LinkedIn S&A program, finished the first round screening, did the take-home assessment, and now I have a video case interview that's 1-hour long, which is the second last stage of the application process. Being in finance, people told me to expect consulting style questions, which I'm not really used to. Has anyone ever interviewed with LinkedIn for S&A, or know anyone who has, or does anyone have any advice? Anything at all would be a huge help.
04 Aug 2019
I am an American from a top 30 non-target undergrad considering a European MiM after a two-year stint in the Peace Corps with the goal of breaking into either IB or strategy consulting (leaning towards consulting). I've poured through these forums, but I've been unable to get a straight answer regarding employment prospects for Americans out of a top European MiM (LBS, LSE, HEC, Bocconi...etc) London seems to be the destination of choice for Americans considering Europe, and its also top of my list, but I would really be open to anywhere, and by anywhere I mean outside of Europe too (from
05 Mar 2019
Hi All, I am currently a senior deciding on my first full-time job. I received offers from both Parthenon and Visa's New Grad Development Program and am having trouble deciding. I have done a consulting internship the previous summer, so I know what I would be getting into, but the thought of trying more new roles within a large company in a cool interesting is also appealing. Some more details below: **Parthenon (Chicago): ** Pros From what I know, the work will def be very interesting to me (DDs, market research, growth strategy) Pays ~10k higher, which goes a LONG way with Chigaco's lower
24 Nov 2018
I'm a senior at a top 5 target school looking for advice I've been trying to break into consulting, had interviews this recruiting season at McKinsey, BCG, Deloitte, OW and Strategy &. Got flat out rejected from Bain and a few others. Didn't manage to land an offer from any of them. I'm trying to figure out what I should do next. I've looked at a applying to a few small boutiques but most of the main deadlines have passed for them. My plan was to do consulting for a couple years, then do business school, then jump to VC or Corp Dev. My GPA is fine but not great (like a 3.4). My degree is in
03 Jan 2019
Hi everyone, I was wondering if anyone had experience starting in consulting not immediately after college. I'm 26 and starting as an incoming analyst at a boutique strategy firm. I graduated from college in 2015 but started my own company and sold it in 2018. I then wanted to steer away from the industry (food & bev) so I jumped to consulting because I like the strategy aspect - not the food industry aspect. When I decided to go into consulting, I knew that I would have to start from the bottom. I networked with a lot of people and most said that, unless I had an MBA form a top school, I
26 Jul 2018
I am a senior from a non-target school currently applying to various consulting firms. I have above a 3.9 GPA, a high amount of campus involvement/leadership positions, and internship experience. Though I feel qualified for an analyst/entry-level role at a consulting firm, I'm afraid my school name puts me at a disadvantage in the screening process. Any thoughts or advice would be appreciated.
29 Sep 2018
I am currently trying to choose an undergraduate business school. I have been admitted to both IU Kelley and Michigan Ross. Kelley will allow me to graduate debt-free, while I will graduate with about 70k in debt from Ross. I am looking to go into management/corporate strategy consulting. Is the reputation of Ross worth the 70k here, especially for someone looking to work for McKinsey, BCG, or Bain? Any advice is greatly appreciated!
14 Apr 2019
Hi guys. Senior at target school just finished recruiting and have to respond to offers in a week. Would love to hear thoughts as I evaluate the two offers I have on the table. EY FSO TAP based in NYC: 75k base, no bonus, standard benefits. I interned there the past summer so know a fair amount of people, got coffee with ~40 partners across different verticals (+ am on fairly good terms with a partner from my school and will almost definitely be in his team doing analytics work). Expected hours are 40-55/week typically with little to no travel. OW consultant based in Singapore: 85k SGD
18 Oct 2018
I'm starting at L.E.K. in a few weeks, and got an email last night that they're adjusting the base salary from $77,000 to $80,000. I was wondering if anyone knows: a) Why comp adjustments happen; b) What a comp adjustment indicates about the trajectory of the firm; c) How fast pay scales year-to-year at top-tier strategy shops for the average person Thanks!
26 Jun 2019
Currently at an internship with a mid-tier MC firm and wanted to gauge the chances of landing a FT offer with a MBB? Little more background about myself: Coming from a non-target university studying economics and finance with single digit alumni working/have worked at an MBB. Ton of work experience (some like 6 internships counting the current MC role) varying from private equity to sales to sourcing roles, and a lot of leadership/involvement on my campus. More than happy to do the networking and reaching out, but I was curious as to a couple of questions: 1- Is a move from a mid-tier
18 Jun 2019
Hey WSO community, I'm trying to get some insight or thoughts from the WSO community regarding my chances for transitioning from being a medical provider and into management or strategy consulting (general/healthcare-focused) and what are my logical or best choices in terms of what I should strive for? I'm not necessarily shooting for MBB as I'm trying to be realistic, but then again I'm not sure what my chances would be. Therefore, I have focused thus far and settled prematurely for tier 2 and tier 3 --> ie: Deloitte consulting, AT Kearney, LEK, OW, Putnam, Huron, ZS Associates, Accenture
04 Jun 2019
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19 May 2020
Hi! I would like you guys help me tear apart my resume! I am mainly interested in a career within consulting but I haven't excluded other industries. Be as honest as possible: please focus on content, format, grammar etc. And also, since there is nothing I can do about my existing experiences, please focus on relevance etc. rather than personal achievements. Cheers!
21 Aug 2018
![RESUME][RESUME] Hi, I'm currently a Strategy Analyst with experience in M&A projects and internship experience in both PE and IB. I'm looking to get into lower middle market PE, REPE, or PE Operations and would really appreciate all honest feedback on my resume. Thanks! [RESUME]: https://ibb.co/6rgzWht
05 Apr 2020
I am a graduating college senior and have an offer to work at a Big 4 firm doing federal human capital consulting, and I'm looking to gain analytical skills that would help me exit into an industry job in NYC after a year or so. However, I know that some say federal and human capital can lead to you getting pigeonholed into that career. Do you think it's feasible/a good idea to take this job and then exit into a marketing, e-commerce, or similarly analytical industry job in NYC or will hiring from those private sectors not be interested in me because I worked human capital/federal? My other
17 Nov 2019
Hi, I have been at a Big 4 Consulting firm for 4 years, had a great time but now ready to move into industry to an operational/strategy/special projects role. I have just dug out my graduate CV and I am quite lost at how to update it - and even more lost at knowing where to go for help. I have spent hours googling and even searching WSO forums but I could not find very helpful info on what a Consulting exit CV should look like and what it should include. All I find is about how to get into Consulting, not how to get out. My cluelessness when it comes to knowing how to format my CV and what to
30 Sep 2019
So, I got recruited into Deloitte Consulting last year into what I thought was FO. Ended up being a BO support role of engagements as a Project Financial Controller looking at WIP and billing etc. I think I was quite naive because I kept going to client site and thought I could make it to FO easy. Turns out, when I approached partners to get a FO role, almost all said that I could not enter their practice given my project control skills, except for Operations Consulting. And that too, they want me to come in as a Grad/Analyst, when I graduated like 3.5 years ago. I am now stuck. I have been
27 Aug 2019
I want to recruit for top consulting firms in this coming cycle and I'm looking for some advice on how to accomplish this. Quick bio: I studied finance at a non-target undergrad. Worked one year as an analyst with a private wealth shop then did my MS in analytics at a top 10 B school (graduated May 2019). I recently accepted a data analyst gig on the strategy team for a large financial services company and think I should start planning on how to position myself top pivot to a top tier consulting firm for fall 2020 start. Appreciate any help!
17 Aug 2019
I am currently a senior at the University of Houston, pursuing a BS Economics. I intend on getting a MA Economics degree from UH/UTSA/ or SMU. My question is whether a MA in Economics will be a good degree for consulting and whether will it make me stand out of the crowd. Also, what are other good career options with this degree? (assuming I go into one of those schools)
30 Jul 2019
Deloitte date scientist here. I am currently being recruited by Booz Allen Hamilton's Strategic Innovation Group. Was wondering if I should consider it, or if Deloitte S&A is where I should stay. I enjoy the work and culture at Deloitte, but just wondering if Booz's SIG group is more prestigious or would give me more opportunities to work on bleeding edge AI work. All comments welcome.
03 May 2019
Does anyone know anything about these consulting companies. I was taking a look, and it seems they do not have generalist roles for PhD graduates like MBB, they have various consulting positions to apply for online but not a generalist consultant role. Any advice about what they look for ? thanks
23 Apr 2019
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20 Apr 2019
Hi Guys - I haven't been here since 2016 but figured you would be the best mix of people to help me figure this out. Senior Manager with Big 4 Consulting (Strategy/Ops), and was just approached for a Director role with Aurora Cannabis. Pay is maybe ~10-15% more and hours better. But I'm more interested in what you think about Aurora's potential. I'm in a great place at the firm, but the VP I'll be reporting to is probably done in 2-3 years (well off, this is a passion project for him), and what people think the future of this industry is (if the US legalizes there would be options there, or
10 Mar 2019
I've started my own project these past few months in the Software Development space for Automation and would be open to all advice about where to take it next. This past summer, I worked a Corporate internship at Hilti (a B2B construction tools company) and realized that a lot of the work flow processes I was doing across my 12 week summer project were extremely repetitive. Therefore, I manipulated an Excel Macro sheet to automate repetitive steps within SAP which creates huge cost-savings, a lot more efficiency, but most importantly, makes my life a lot simpler allowing me to focus on more
15 Feb 2019
Need opinions on the individual characteristics of any and all regional/city consulting offices (preferably Atlanta). Opinions on MBB, Tier 2/3, and local firms are all appreciated. Not looking for responses on national/international reputations and cultures- that's been thoroughly covered in previous posts.
17 Jan 2019
Hi, I am going to Berlin, in Germany, next semester and will try to take an internship in a consulting company. Any tips on how to do it? I can speak well german, although not in a business level, yet.
06 Dec 2018
Spent 5 years at McKinsey & 2 at Oliver Wyman. The learning curve is steep, the work is fun, and the career anxiety high. I created Stratechi to simplify strategy and leadership. It's been called "the best publicly available strategy overview." Spend a few minutes getting to know the content. It will come in handy. There are two sections: Competencies & Strategies. The Problem Solving and Analytics sections are extremely important to master for consultants. The Problem Solving section covers: 1. Prioritization 2. Problem Statement 3. Hypotheses 4. Disaggregation 5. Hypothesis Trees 6
12 Nov 2018
Intern avatar Joined: 11 Jun 2018 Posts: 1 Kudos [?]: 5 , given: 0 Quantity of Work Experience for Consulting? [#permalink] Post 22 Oct 2018, 22:17 Bookmark this post Hi all, How much does the quantity of work experience matter for someone intending on consulting? Assuming entry into a solid school, does 2 years vs. 3 years vs. 5 years of non-banking/consulting experience necessarily matter? Is there a difference between firms (e.g. MBB vs. Big 4)? Thank you!
23 Oct 2018
Hello, I'm helping a friend who's planning to release a Kindle book about consulting/marketing, which reveals amazing insights never discussed before, including insights on what helped McKinsey succeed. This may sound ... but as my friend say the world will be a better place if as many people as possible read it, so I'm helping my friend a hand with looking for a right websites/blogs that many consultants or aspiring consultants follow so as to inform that this book exists. What would you recommend? Many thanks,
22 Sep 2018