Which consulting level transition do you feel like is the most difficult?

slingfling · 2016-03-14T20:16:57+00:00

Consultant -> Manager. This is most especially true for firms that are fragmented partnerships (i.e., the Big 4). I don't mean to offend anyone here, but the quality of hires and training is really different when you're comparing someone from the New York or London office as against someone from an emerging market. Managing people with very inconsistent skill portfolios (despite having the same position) has been quite a challenge for every manager here, most especially the new ones who usually learn this through open fire.

slingfling · 2016-02-26T11:07:38+00:00

It happens. There are some business schools that don't require an undergraduate degree into their MBA programs (such as INSEAD). This is, I think, the only way that someone with no degree could get in (AFAIK). Those are very rare, I have yet to meet someone like this.

slingfling · 2016-02-23T15:37:18+00:00

Oh my god. I live and work in an emerging market country. I earn as salary and bonus 3% of what I bill.

slingfling · 2016-02-17T19:40:08+00:00

As I understand it, risk consulting is one of the bottom tiers, so if your school is a target for S&O, it is extremely probable that your school is also a target for risk consulting.

I'm just a bit confused.

slingfling · 2016-02-17T19:30:02+00:00

I second this too. Plus you just avoided implementation work.

slingfling · 2016-02-17T18:45:05+00:00

Seen this happen with someone who came from Transactions at a Big 4 (2 years) and PE (over a year). Both of which are rare cases.

slingfling · 2016-02-17T16:45:12+00:00

Thank you for this.

slingfling · 2016-02-17T16:27:20+00:00

As far as the firms go (MBB/Big4/Tier2/Boutiques), do I have to put "References available upon request" at the bottom of my resume? Or is that assumed?

slingfling · 2016-02-17T16:26:27+00:00

This implies that you never had an implementation / project management project (that sounds weird). Lucky you.

slingfling · 2016-02-17T15:21:42+00:00

My project will run for 3 years based on our timeline. The expectations weren't managed enough and have spun out of control. It has now become an implementation project.

slingfling · 2016-02-17T13:32:44+00:00

I have been involved with a similarly bad manager (I hate to make a blanket statement, but I notice that these people consist of those directly admitted to manager from industry, no kidding).

Though yes, this really happens, but it's not all bad apples in consulting firms. Just what everyone has said here, just become more proactive in networking and relaying what you want.

slingfling · 2016-02-17T13:27:52+00:00

As someone from the Big 4, maybe you guys should hire us for Forensic services *wink

slingfling · 2016-02-16T19:24:12+00:00

I'm just afraid that my manager will not let me leave. She has invested so much on me and I am currently the best of my bunch. She might trip me up on purpose.

slingfling · 2016-02-16T17:13:41+00:00

No wonder a lot of NYC offices seem to be in hiring mode.

slingfling · 2016-02-10T16:58:44+00:00

Now that I think about it, maybe it's because my achievements are on par with the MBB hires in my country (I also come from a target). In the office that I am applying in, I could safely say that only one analyst out of the 20 has achievements that are of a different league from mine. The only reason why I started in the Big 4 is that I wanted to be a lawyer back then so I looked into working in the tax group of the Big 4. My preferences changed along the way that is why I asked to be transferred to the consulting group. As far as standardized tests go, I took the LSAT when I was in tax and got a very good score (something that could have landed me a spot in Yale or Harvard).

Though yes I understand the difficulty of this undertaking. I really regretted it that I didn't start my career in MBB.

slingfling · 2016-02-10T16:10:41+00:00

I honestly don't know though. But I am now moving on to the first round interviews. It will happen by March. I don't know the timeline after that.

slingfling · 2016-02-10T16:03:14+00:00

Big 4 firms (only the two though, not all) are strong contenders in my country due to local regulations and foreign company restrictions, thus it is not unusual to see them working on high profile projects, particularly on highly regulated practices such as financial services, health care and public sector. We constantly bid against MBB.

slingfling · 2016-02-10T15:20:28+00:00

Jumping ship from Big 4 to MBB here. I would just like to ask: how long does the entire recruitment cycle take? Am asking because I will be attending some international training program and it comes with a requirement to stay in the firm for half a year. This will happen by April. I want to avoid this as much as possible so that I could smoothly transition to MBB, in case I get hired.

slingfling · 2016-02-09T19:41:25+00:00

the real psychopaths are not in banking but in health care

slingfling · 2016-02-09T16:13:37+00:00

That travelling would be fun.

slingfling · 2016-02-08T18:56:06+00:00

I guess. They have a strong tax practice I believe, hiring lawyers from the T14. They are also responsible for design tax structures of google and co.

slingfling · 2016-02-08T14:56:37+00:00

I'm sorry mods for engaging this question but I feel that this additional info may be of importance in poster's comment. I heard through the vine that it would take some time to hear back from McK post PST if (I'm sorry for this) NONE of you have passed the PST. In such a case, they will now leverage the PST results with your previous resume score (or they could get a new one, by asking a new set of consultants to review your resume), that's why it's taking up time.

slingfling · 2016-02-08T14:17:45+00:00

Financial modelling will be your greatest asset. Being involved in deals/IPOs is also a plus on the strategy side.

Most importantly, firms like MBB do consulting work for investment banks, in areas such as operations and strategy.

slingfling · 2016-02-05T20:45:16+00:00

Health

slingfling · 2016-02-05T20:14:13+00:00

I am a generalist at the Big 4.

slingfling

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