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The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.
Learn more about the interview preparation course and guide that helped land offers at BCG, Accenture, and McKinsey. Master fit questions, conquer case studies, and become the smartest interviewer in the room. Over 50 fit questions that you’re guaranteed to hear in consulting interviews. Am I glad I bought it!!
Caseinterviews can seem like a daunting task. Thankfully, by taking tangible steps you can be well prepared for your caseinterviews. In my opinion, a productive place to begin is to watch videos about the caseinterview. Practice cases. A “casing buddy” can be a roommate, friend, or classmate.
What started off as an informal blog about management consulting with just a few readers became interview prep sessions, resume edits, videos on YouTube and Vimeo, books and the presentations we give at colleges around the world. The caseinterview is the great equalizer. And after all that, even with 1.5M Who is it for?
What’s next – when your resume doesn’t receive an interview; your first round doesn’t lead to a call-back; your final round receives a polite rejection? The advice applies equally to industries like investment banking. You’ll typically receive a rejection call after the interview. No surprise here.
Experienced hire recruitment can be a puzzling, confusing environment. Compared to on-campus recruits (undergraduates and MBA students), experienced hires confront much more irregular processes, prolonged timelines, and unclear standards. Interview process and preparation. In other words, they are not campus recruits.
Have an upcoming Oliver Wyman interview? Corporate and Institutional Banking. Retail and Business Banking. Oliver Wyman actively recruits for internships at target schools, and interns are typically in their junior/penultimate year of university studies. KEY STATS FOR OLIVER WYMAN. Website: [link]. Public Policy.
What makes Bulger Partners even more unique among consulting firms is the fact that the firm houses Strategy Consulting and Investment Banking arms under the same roof, and even has a small PE fund. Chris sold his prior firm to Bank of America for $1B, and found that he missed advising tech companies.
If you’re applying to a consulting firm, be ready to get acquainted with caseinterviews. Almost all consulting firms include the caseinterview as part of their recruitment process. Even non-consulting firms are utilizing caseinterviews as part of their process so you don’t want to be blindsided.
A few weeks ago, I had the opportunity to sit down with another blog contributor to the SpencerTom community, Jason Oh, to share our experiences about the consulting recruiting process. Afterwards, my curiosity grew and I took the initiative to participate in other case competitions and business plan competitions.
The “ultimate” interview guide – complete with fit/behavioral questions, sizing/quantitative questions, and brain-teasers. Sample case studies that are as challenging (if not more so) as the toughest ones you’ll encounter at any McKinsey/Bain/BCG interview. Thanks for your readership!
The prize for best answer was a FREE Consulting CaseBank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you. As we were looking through your responses, we realized you were answering as if you were in an interview – and that’s smart.
Booz & Company Interview and Culture. So you have a Booz & Company interview coming up, and you want to be the best candidate they see? He began by helping firms recruit competent executives, acquire new customers, and establish conducive office space. We want you to nail it. An ability to thrive in a team environment.
GALLUP CONSULTING INTERVIEWS AND CULTURE. SRI was founded in 1969 and its expertise in psychological research/interviews identified the “fit” of individuals is specific positions or roles in an organization. Interviewing – Call Centers – Non-consulting (create surveys/capture data/analyze data).
Management Consulting versus Investment Banking. Top 10 Interview Tips. Overview of the Management Consulting Recruiting Process. I’ve been helping friends/colleagues looking to enter management consulting for years with their resumes, cover letters, interviews, and questions. Top 10 Resume Tips.
Interviewing with NERA Economic Consulting? Finance: Bankruptcy, Consumer Protection in Financial Services, Financial Institutions and Banking, Financial Risk Management. . They post available internships during the winter months on Marsh & McLennan’s recruiting website. . NERA ECONOMIC CONSULTING.
THE ADVISORY BOARD COMPANY INTERVIEWS AND RECRUITING. Interviewing at The Advisory Board Company is relatively straightforward, but that doesn’t mean it’s easy. The interview process can take any time between 5 days and 2-3 months, although the average process takes 2-3 weeks. Target Schools.
As the next installment in our popular Firm Profile series, we take a look at the evolution, reinvention, and current interview tactics of one of the world’s premier consulting firms – IBM. IBM GBS INTERVIEWS AND RECRUITING. The cases are generally simple, open-ended “The client does X. Enjoy the ride!
You received an interview with a consulting firm! Management consulting interviews generally have two types of assessments, behavioral and casing. Behavioral interview questions help shed significant light on you as a candidate. I have been fortunate to have coached many peers through application and interview processes.
What makes Bulger Partners even more unique among consulting firms is the fact that the firm houses Strategy Consulting and Investment Banking arms under the same roof, and even has a small PE fund. Some members of the Advisory Board include: Sandy Robertson – Pioneered the creation of West Coast technology banking as an industry.
What makes Bulger Partners even more unique among consulting firms is the fact that the firm houses Strategy Consulting and Investment Banking arms under the same roof, and even has a small PE fund. Some members of the Advisory Board include: Sandy Robertson – Pioneered the creation of West Coast technology banking as an industry.
What makes Bulger Partners even more unique among consulting firms is the fact that the firm houses Strategy Consulting and Investment Banking arms under the same roof, and even has a small PE fund. Some members of the Advisory Board include: Sandy Robertson – Pioneered the creation of West Coast technology banking as an industry.
October was the peak of full-time recruiting, and it shows! You’ve bombarded us with insightful questions about resumes, interviews, applications, and how to pick up the pieces and consider alternatives to consulting when you don’t make the cut. Q: I’m interviewing with BCG and McKinsey. be a better move? .
This is a transcribed phone interview between Rachel (name changed) and Jenny Rae – enjoy her insights about failing the first time around but coming back for consulting success and landing an offer with McKinsey in her senior year. —— Rachel, how are you? So I guess that’s how I started with consulting. Great, awesome.
A new research study I led at CTI uncovers, through a nationally representative survey of 3,212 individuals with STEM credentials, and through dozens of additional interviews and focus group conversations, the differentiators of success for women in STEM. How did they do it? Telegraph confidence.
In her success story she shares some caseinterview preparation tips and I am also including my response because I find this student’s background slightly unusual for management consulting and wanted to point out that even those with non-typical career and education backgrounds can succeed in management consulting.
INTERVIEWS AND RECRUITING . Interviews at Altman Vilandrie are held over 2 rounds. Round 0 – A phone interview if you’re an employee referral. This will be a screening interview with HR. Round 2 – This interview will take place in one of AV’s offices and is pretty intense.
Alvarez & Marsal have been making waves in recent years for the high profile, high quality work they did in the midst of the banking crisis. As the 2008 banking crisis ensued, Alvarez & Marsal played a pivotal role in liquidating Lehman Brother’s assets while also servicing many other high-profile clients. Practice Areas.
And so in PPE, were you interested in business in general, before everything happened with Lehman Brothers did you think you are probably going to stick with the investment banking industry? Peter: When I was at Warwick, it was a massive feeder school into investment banking, and finance, but slightly less into consulting.
Bringing light to Africa , mobile banking to Bangladesh , low-cost health care to Nepal, or better school lunches to the American cafeteria: In all these cases, the private sector is a big part of the action. Know that funding alone is not going to solve the recruiting problem. — money.
Management Consulting Networking Success Story: I just want to drop you one additional thank you e-mail, as I heavily relied on your preparation sources throughout my interviewing journey (and the corresponding caseinterview preparation). I interviewed last autumn for a post-MBA/PhD position at the top firms in Germany.
As a result, they may achieve modest savings, but in many cases they will miss out on opportunities to dramatically improve process outcomes, quality, costs, and cycle times. But when interviewed, the manager was able to clearly articulate rules of thumb he followed, which could be defined as rules for the RPA process to follow.
To secure a final round interview at Bain, you would have to be in the top 3% of applicants for that office. No one enjoys being turned down, especially in the case of a consulting role where a lot of preparation is required. The key thing to do after a rejection is to reflect on the interview process and ask for feedback.
Sometimes, when struggling through yet another caseinterview practice , candidates might wonder: "Why consulting again?" Indeed, many other job opportunities have straightforward interviewing and hiring processes that don't require hours of practice and coaching. Private equity firms also enjoy recruiting former consultants.
FTI CONSULTING INTERVIEWS & CULTURE. As consulting firms go, FTI Consulting is a newcomer – but at just over 30 years old, the firm has made impressive strides to become one of the most respected name in legal analysis and data-driven research to support major initiatives for law firms, banks and the majority of the Fortune 500.
In case you were wondering, the company’s current trademarked slogan, “We Didn’t Invent the Chicken, Just the Chicken Sandwich,” does indeed refer to their flagship menu-item, the Chick-Fil-A chicken sandwich. Interview Tips & Tricks. For tips and tricks to succeeded in any interview setting click here.
By far, the most valuable thing (for me) was the insight into the mindset of consultants and interviewers, which is what your emails provided. It affords a real sense of perspective for a candidate like me, so when I walked into the interview, there was nothing intimidating about the guy or girl in front of me. based resources.
At this stage, it is unclear whether the investigations will uncover any wrongdoing, and Bremmer notes that no banks or individuals have actually been charged. If banks have engaged in collusive behaviour to manipulate LIBOR, then this is a serious cause for concern. How concerned should we actually be? 150 rates in total).
Because of this, we sat down with consulting veteran Lisa Bright (who is now part of the MC interview coaching team!) I was going down the route of finance, asset management, investment banking, or something like that. And how was the actual recruitment process for you? I had 2 interviews in Chicago back-to-back.
I wanted to send you a quick note on how I have been able to secure a McKinsey interview , despite not knowing anyone in consultancy. Whilst writing my thesis on [ A topic related to economics in Islamic Countries ], I desperately sought the "World Islamic Banking Competitiveness Report", co-authored with McKinsey & Co.
KEARNEY INTERVIEW AND CULTURE. 1997 – First Global Prize, an annual business school case study competition for potential recruits, awarded. KEARNEY INTERVIEWS AND RECRUITING. The interview process at A.T. However, as a general rule, there are two rounds of interviews. Firm hires 2,000th employee.
As I started recruiting for jobs, I discovered there was a hierarchy amongst professions (medical school, law school, investment banking, and consulting were "good"; consumer packaged goods and industrial companies were "bad") and a hierarchy amongst firms within an industry (McKinsey, BCG and Bain were "good"; other firms, less so).
I probably put in over 100 hours preparing , and only about 80 of those were for the case, I believe those additional 20 hours of prep for the experience portions helped put me over the top when competing with other candidates from more target schools. Basically, to get interviews, network, network and then network some more.
Since graduation, I have had the pleasure of working for both a boutique and a large strategy consulting firm and wanted to share my insights on the differences in: Undergraduate recruiting. Undergraduate recruiting. Oftentimes interviewers ask case questions based on their previous projects and industry experience.
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