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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.
In our last post, we discussed 5 major differences between 2 prominent types of consulting. From the variety of work and access to C-level executives to the wide array of exit opportunities, strategy operations consulting far surpassed financial advisory consulting as our recommended career to pursue. Missed part one?
Research has shown that attending an elite university can make or break a student’s chances of being recruited by the best firms ( whether or not that strategy makes sense for firms ). Since firms tend to recruit where they can find the most candidates, students in regions with many top schools may have a harder time being found.
Last week we held an MC exclusive subscriber giveaway contest – entrants told us in 200 words or less how they became interested in consulting. The prize for best answer was a FREE Consulting Case Bank and The Consulting Bible 3rd edition – a HUGE giveaway – so we weren’t surprised when we heard from so many of you.
We’re scheduling a trip to the East Coast next week to speak at schools about recruiting for finance and consulting. Some of the topics we’ll discuss include: What you can do to enhance your chances of breaking into finance and consulting in a poor economy. consulting clients'
Practice will only help for future interviews or next year’s recruiting cycle. There simply isn’t a consulting firms database comparable to what exists in investment banking. As discussed previously, online consulting applications should be a last resort. Feel free to call me anytime (123-456-7890) or leave a number.
Here at Management Consulted, we’ve been hammering away on networking for the last several weeks because it is critical in times like these. How do you maintain and continue to develop a network with recruiters, Analysts, MDs, etc. ” Click here to learn how to become a rockstar summer consulting intern.
NERA ECONOMIC CONSULTING. Interviewing with NERA Economic Consulting? In fact, if you look at a list of top 20 consulting firms, NERA won’t be on it. That being said, NERA is still a major player in the consulting industry and here’s why: NERA Economic Consulting is the top econom ic consulting firm, period.
This week, we bring you the Top 10 Consulting firms in New York – the power center of the world. If you are a New Yorker, just moved there with hope and zeal to conquer the consulting world, or are just looking for some world-class information on the top consulting firms in New York, here is what we have for you.
If you’re new to consulting, it won’t take you long to discover that MBB firms are insanely competitive. If you are an undergrad who has been turned down for a summer internship at MBB, going in to finance is your next best bet. Your next option should be to land a position in a boutique consulting firm.
Founded in Boston, MA , and containing the heart and DNA of consulting industry giant Bain & Company, Bridgespan is the key non-profit consulting firm in today’s consulting industry. Bridgespan Employees: 15-60 Consultants. Their services emphasized analytical consulting. Strategy Consulting.
I wanted to take this time to welcome new readers, share a few of my favorite consulting-specific reads from around the web, and answer a few reader questions. International Management Consulting 101 – we discuss what it’s like to work in an overseas management consulting office. Critical reading for new consultants.
Do you stumble when asked why you’d be a great consultant? We’ve helped 1600+ people land interviews and offers in the consulting world (including such esteemed firms as McKinsey, Bain, BCG, Deloitte and Mercer). Let’s be honest - breaking into consulting is hard. ” -Giulia, Chicago Booth alum.
Have you missed the undergraduate recruitment window? The consulting industry is one of the most competitive on the planet, and there’s no shame in falling a little short this time. So without further ado, we offer some tips on how to prepare for consulting right now. 3) Network into a boutique consulting firm.
BATES WHITE ECONOMIC CONSULTING. Bates White Economic Consulting is a highly reputable boutique firm that has been gathering momentum in recent years. In case you hadn’t figured it out by now, Bates White is a boutique economic consultancy firm headquartered at Washington, D.C. BATES WHITE ORGANIZATION. Practice Areas.
Are you a consultant living in Boston? We bring to you the Top 10 consulting firms in Boston area and the MC reasons as to why they made it to this list. And then, there’s a sociological anomaly – a sub-group of people called the “Consultants.” Looking to move to Boston? Read away – and enjoy!
Be straightforward when establishing contact with consultants/bankers that you don’t know. Only contact senior consultants/bankers when you have a legitimate reason. Always speak to bankers/consultants , not recruiters, to get things done. ” Recession Recruiting. Turning Cold Calls Into Warm Calls.
Consultant Ninja. Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. What to put on a consulting resume (part 3 of a continuing series). Posted by Consultant Ninja. Labels: Consulting , Quotes. at 11:11 AM.
Traditionally, consultants come from backgrounds in finance, strategy, economics, or business management. Top firms tend to recruit graduates from target business schools, and the industry is notoriously quantitative and analytical.
Going to a top notch business school to get an MBA is high on the list for many aspiring consultants, especially those based in or desiring to work in the U.S. MBA programs should you apply to if you want the best inroads to consulting? MBA programs for Management Consulting – and the results may surprise you.
After our recruiting talks from last year, this is our first live discussion. If all goes well, we’ll expand the format to other topics (eg, conquering interviews, editing resumes, experienced hire recruiting). consulting questions consulting jobs finance jobs Mergers and Inquisitions networking podcast networking seminar'
As consulting has become more popular (frantically so), we are getting increasing numbers of emails from undergrads – and even high schoolers – begging the question – if you want to break into consulting, what should you major in – and what majors are deal-breakers?
One of my biggest fears when I first gained an interest in consulting was that I was simply ineligible as a non-business student. Breaking into the consulting industry with a non-business degree can be challenging as a sizeable portion of hires are from top business schools, but non-business hires are on the rise.
I vividly remember the last consulting interview during first-year MBA recruiting season. The recruiting coordinator mentioned she’d get back to me by the end of the day. I decided I wouldn’t get the call that night, but kept my hopes up that the recruitment team was tired and still deciding between candidates.
Do you stumble when asked why you want to do consulting? Through Management Consulted, I’ve written article upon article about the consulting industry. The Consulting Bible blows all of that content out of the water. The Consulting Bible is like a 50 hour phone call with me. And infinitely more entertaining.
So maybe you’ve gotten to the second round, maybe you’re still waiting to hear back, or maybe you’re hoping to interview again in the next recruitment cycle. The point of this is to gauge your business sense, and your ability to tackle real world solutions that consultants deal with. Intellectual Capability. Cultural Fit.
INFOSYS CONSULTING. Birthed in 2004 as a spin-off of Indian tech outsourcing behemoth Infosys Technologies, Infosys Consulting is quickly climbing the charts as an industry leader in IT Operations and Strategy consulting. INFOSYS CONSULTING KEY STATS. INFOSYS CONSULTING HISTORY. Infosys Revenue: $6B (2010).
Here at Management Consulted we’ve known candidates, and have even coached a few, who got offers with McKinsey with no MBA. And there’s more than 1 reason why the most prestigious management consulting firm has been a top destination for MBAs for 75+ years. 1) You’re making it easy for recruiters.
No one enjoys being turned down, especially in the case of a consulting role where a lot of preparation is required. Fortunately, a top management consulting firm is not the end all and be all. Fortunately, a top management consulting firm is not the end all and be all. In order to do this, you can follow what I call the R.I.R
TOWERS WATSON CONSULTING. Today’s expose highlights the world’s largest employee-benefits consulting firm. Towers Watson Consulting specializes in HR consulting of all kinds, and risk management consulting in particular, while also counting actuarial and investment consulting practices under its umbrella.
BearingPoint started at the height of the consulting boom years in the late 1990s, and was a part of KPMG’s worldwide consulting practice. Read on to discover interesting nuances of culture and competence that are unique to the global consulting firm. This consulting business unit focused on both technology and management.
Today, we highlight tremendous business analyst and post-consulting leadership jobs at Google. If you onboard with Google doing strategy, you could find yourself working on mergers & acquisitions, operations, or even corporate finance in different business areas.
This may sound obvious, but it was in sharp contrast to typical patterns in the pharma industry of recruiting from within, resistance to new thinking, and sclerotic bureaucratic structures. From its inception, the company consciously recruiting scientists who rebelled against big pharma bureaucracy and were open to new ways of working.
Pierre was a junior at Harvard University who was offered 2 very exciting internships – one for BCG in management consulting (plus, after this call he got an offer for Bain as well) and the other for a VC firm in New York. Want to know the pros/cons of consulting vs. VC from our perspective? Are you in the same shoes?
That’s why so many, lured by the promise of flexible hours, higher rates, and location independence, are intrigued by the idea of becoming a consultant or coach when they retire from their “official” career. Here are five things to keep in mind if you’d like to become a consultant or coach after you retire.
This is the best ”top 50 list” of blogs, magazines and websites for consultants that you will find on the internet. That is why I have compiled a list of 50 different blogs, magazines and websites that every consulting firm should know about, and I explain what they all have to offer their readers. Consulting blogs.
It’s now January, and as the MBA internship recruitment season shifts into full gear, here are some tips from someone who went through the consultingrecruitment process last year. Note: These tips are geared towards MBA1s, but are applicable to anyone interviewing with consulting firms.). Happy recruiting!
SEABURY GROUP CONSULTING. Today, we’re going to be looking at the consulting arm of aviation specialists Seabury Group. As part of a group that’s focused on Aviation, Aerospace and Defence, you won’t be at all surprised to find out that consulting at Seabury Group falls fairly and squarely within the realms of boutique consulting.
How did Charlie, a recent Harvard undergrad, navigate through the process of getting accepted to medical school and working for a biotech firm on the West Coast to finally finding his true passion in healthcare consulting (and landing an offer at Putnam)? They only have a New York branch, and there are about 40 consultants.
One of the more memorable parts of the consultingrecruiting process was witnessing people attempting to network with consulting firms. Hence, I thought it would be helpful to highlight 6 pieces of tactical guidance for networking with consulting firms. Do Not Make the Conversation About How You Deserve Consulting.
Among them was an offer for Deloitte’s Federal Consulting practice – from Penn State, people had been hired in the past at 2 levels and Sam – with strong extracurriculars and work experience at Nike – should have been a strong candidate for the higher position. How is everything going on the recruiting front?
If you are targeting the consulting industry, increase that stress quotient by a few more points due to intense competition in the sector. I regret not allocating a bit of time to the following activities, that could have eased a ton of pressure from my consulting internship hunting efforts later on. Pre-MBA Reads.
Today we highlight tremendous business analyst and post-consulting leadership jobs at Georgia-Pacific. However, the pay grade at middle management makes it less than an ideal transition point for consulting top performers – get in early, or wait it out. Are you an employer,recruiter, or hiring manager? Are you an employer?
By articulating the problems you solved in your resume and during future interviews, recruiters will be better able to understand your professional skillset. Student Organizations focused on Consulting, Finance, or Technology. Here are six experiential learning opportunities for you to consider: 1.
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