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Figuring Out Your Billing Rate as an Independent Consultant

Successful Independent Consulting

Factors that Impact Your Base Rate The 2x-3x estimate will give you a rough idea, but tweak your numbers up or down based on the following factors: Pedigree: Did you learn your craft at a consulting firm with formal training, such as Deloitte or Bain & Company? Other tips: Benchmark your rate to increase your confidence.

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Management Consulting versus Investment Banking

Management Consulted

In my time at McKinsey, easily half the people who left the firm went into the financial world (from hedge funds to PE), and salary was undoubtedly a major factor in the decision. At the Big 3 (Bain, Boston Consulting Group, McKinsey), you can expect travel 50-75% of the time. Relationship with coworkers, managers, and firm.

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7 People who NEED to apply to McKinsey in the next 8 days

Management Consulted

The following 7 categories of people have 8 days left to apply at McKinsey for a full-time position (provided they finish their programs in 2017/2018): PhDs. For most aspiring consultants, McKinsey is the gold standard. Once you pass a certain benchmark score on the test, you will be invited back for the second round.

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Welcome to new readers plus a few questions answered

Management Consulted

Thanks to Marquis first and foremost, who is both a fellow Stanford grad and fellow ex-McKinsey consultant. After 2+ years at McKinsey, it was time to move on. I went into my McKinsey tenure with the mindset that entrepreneurship would come after my time at the firm. Check out his blog here.

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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

In reality, McKinsey, Bain, and Boston Consulting Group are tied for first, so Booz & Company is a close 2 nd place. Exit Opportunities: Exit opportunities from Booz & Company are not as extensive as MBB, because the network of the pure strategy firm is still new, the training still untested, and the prestige still growing.

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How to Think Differently About a Flexible Workforce - SPONSOR CONTENT FROM CATALANT

Harvard Business

companies can’t fill their open positions, according to a McKinsey Global Institute study that found that analytical, engineering, and management roles are the hardest to fill. ” Managers should be trained on managing scope, launching teams, and providing feedback and coaching to individuals they do not formally control.

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Archstone Consulting Culture and Interview Tips

Management Consulted

While originally founded as an independent strategic firm, Archstone Consulting was acquired by leading enterprise benchmarking firm The Hackett Group in 2009. Intern pay and training at Archstone Consulting are on par with other consulting firms, and prior interns have found it a good foot in the door for landing permanent positions.