By - QiuYiDio
Hi all, about to start collecting points / miles and unsure which programs to select. Any recommendations on which airline and hotel to start accumulating status towards? Which do you prefer and why? Thanks in advance!
For airlines the most important thing is to pick a airline that has a HUB at your home airport. For Chicago that means picking either American or United. Of the big 3 (American, UA, Delta) I (and I think most) believe Delta is the best of those three but that's not helpful if you don't live at a Delta hub.
For hotels you essentially have three options. Marriott, Hilton, or Hyatt. Marriott has the most hotels (which is especially important if you are flying to mid-tier cities a lot) but has some issues with their brands. I personally am partial to Hyatt but have run into some issues where the only hotel close to client site has been a marriott
Hi all- I just got an offer with a smaller environmental consulting firm (1000+ people) and in the interview, my would be future manager within my practice said she expected 80% utilization from my level (staff analyst). So- that would be 32 billable hours per week out of 40 and I don’t know if I believe that. Is that too good to be true? I have not worked in consulting before, and I am one year out of college, only got this job bc I have very niche undergrad experience that matches this practice area specifically. I would be the youngest person on my team and the only one with just a bachelors, and am meeting with a more senior member of the practice to discuss day to day this week. Do you have any advice on what to ask? Red flags to look out for? I would be leaving a toxic workplace and with the consulting horror stories want to make sure I am not joining another.
That's a little low for an analyst, but not absurdly low. You won't be working only 32 hours/week, as the remaining 20% is meant to cover PTO, training, and gaps between projects (utilization is definitely not a work/life balance driver). Also, the target is a floor for performance reviews, not a goal - hitting or exceeding your utilization target is considered table stakes, and missing your target can impact performance review, promotions, bonus, and comp increases.
You should ask about other contribution expectations (business development, practice development) in addition to client work, and how that's weighed when analyzing performance. All of those hours are in addition to client billable hours, so that could be a large chunk of expected work that doesn't show up in the utilization metric.
Hi everyone, I'm a fresh grad hire as an Analyst in Deloitte. I got onboarded onto a project since last Monday that was already ongoing for almost a year, and seems to be ending in October. Is it normal that I am feeling defeated and lost? On Monday I was so pumped to join my first project. Now I dread the coming Monday. What should be expected of me as an Analyst onboarding my first project ever?
On my 3rd day in the project, my manager and I attended a meeting, and my manager told me to share screen and jot down notes based on the discussion just a few minutes before the meeting started. Thing is, when it kicked off, everything went by so quick I froze and did not know what was going on in the discussion. My manager took over the screen after a few minutes seeing that I wasn't doing anything. I felt horrible after that. Was I expected to lead the discussion and chime in and ask what they were talking about?
I feel like I should not be able to handle digital architecture discussions or note taking while I have no clue what is happening, and the power dynamics of the meeting.
On the side I'm just helping her schedule meetings which I feel fine doing. At this rate I'm already asking myself if I am even fit for this job. I feel my mental health tanking just after 5 days. My manager is asking me to read the materials but there's so many, and reading them is pointless because so many words are abbreviated and I have no clue what these are. Is this normal???
It sounds like your manager isn't doing you any favors by putting you on the spot and dumping reading materials on you without context. Let your line manager know that you're struggling a bit with picking up all the context on a mid-timeline project and ask if they have any suggestions. You want to raise a concern early but frame it as a request for coaching and not a complaint about your manager.
In the meantime, focus on triaging the flood of information.
* First priority - what you need to know in order to do your work well. What are the deliverables/outputs you're responsible for (meeting minutes, decks, etc.)? Who's going to evaluate them (formal sign-off, or informal quality check)? What does their definition of a well-done deliverable look like (align expectations early)? What do you need in order to do your tasks/deliverables (what are your inputs from other people)? Where/who do you get them from, and when are they available? Until you know the answers to these questions, everything else is "nice to know." Finding the answers to these questions quickly can make you successful at the analyst level.
* Second priority - the context of your tasks within your workstream. What are the deliverables/activities other people on your team are doing? How are they doing it? How is it related to your work (input to your work, uses your work as input to their activities, etc.)? How is your team structured, and what does your team's project plan look like? What client stakeholders are they managing, and how are they doing so? This is where you start learning the work your capability does, and how it fits together on a project.
* Third priority - the context of your workstream within the overall project. What other teams are involved? What are they doing, and what are their timelines and inputs/outputs? What client stakeholders are they managing, and what do those stakeholders care about that's different from your stakeholders? If something goes wrong on one team, how does that affect other teams? This is where you start learning how your capability partners with other capabilities and client departments.
* Fourth priority - the context of the project for your client. Why is your client pursuing this project? Why now? What do they consider a success vs a failure for the project (do they care more about timeline, price, or quality)? Who are the client players involved in decision-making, what do they care about, and where are the potential conflicts? This is where you understand the "why" from the client, which can inform how you go about executing the project.
* Fifth priority - the context of the client within the industry. Who are your client's competitors, and how are they positioned against them? Where are they leading vs trailing when benchmarked against those competitors? Are there any potential/emerging changes to the market that could affect them (regulatory, consumer trends, emerging competitors, etc.)? This is where you understand the strategic context behind the "why" from your client, and you can begin to engage them in shaping the project purpose.
You're never going to get through all these levels on your first project, so just focus on priority 1 (immediately) and 2 (eventually) for now. As you get more projects under your belt, you'll walk into projects already knowing the basics of the first three levels, and you'll be able to focus on "what's different here." Partners live at priorities 4 and 5, managing client relationships and shaping the project approach.
Hey there, take a deep breath. I promise you that you’re cut out for the job. Unfortunately the nature of our work is immediate ramp up even for campus hires. I’d start by breaking up the reference material and creating an email or scheduling a call to walk through anything you don’t understand. You’ll pick up most of what consultants do soon.
I was absolutely TERRIBLE on my first project and a few years in I only receive high ratings but up until last year I struggled with crippling anxiety almost daily. I wish I could tell you what happened but one day I just woke up with the confidence of what I know and the determination to learn what I don’t.
This job is a marathon not a sprint. Hang in there.
Currently doing an employment background check. Do i include unpaid internships?
I guess when i fill out the info it asks if the employer issued you with a paycheck only with a yes or no option. Under no it asks for the info for another company and under yes it gives the option for selecting unpaid. So not sure what do do on that.
Hi everyone, I just received an offer from McKinsey and will start as a Business Analyst in April. I would like to prepare well for my new role in my gap time. I would be very grateful for any professional and preparatory advice for my new role.
Just relax. I hated the advice "just relax" when I was in your shoes because I was so hell bent on being the best at my job when I started, but the reality is you can't really prepare that much on your own, and consulting firms don't really expect or want you to; they will prepare you on the job through trainings and apprenticeship. If you really want to overachieve, read up on a sector you're interested in and hope to work on projects in. Or get good at golf. Or do something that makes you an interesting person.
Mine came with the second paycheck
Ask your recruiter
**Should I accept an offer as senior consultant with Deloitte Strategy/M&A in stead of continuing interviews with Bain and BCG (likely) for an entry level position? In other words, what is best: Associate with Bain/BCG or senior consultant with Deloitte?**
**Background:** I currently work at a small boutique consulting firm in Denmark focussed on IT/Tech. I do not know what industry I wish to specialize within, and I would like to relocate from Europe to NYC within the coming year and a half. At Deloitte, I have been offered a salary as a 3rd year senior consultant. Bain's recruiter has said that they would consider a senior associate position, but will more likely be offering an associate position (entry-level as graduate). BCG will only be offering an associate position (entry-level). I currently hold an offer from Deloitte, and have Bain/BCG interviews scheduled for end of january/February.
When’s your deadline to accept Deloitte? I’d still continue interviewing
I need to sign with deloitte start of next week or else the offer expires.. So under no circumstances will I know my actual offers/possibilities with BCG and Bain before I have to decide on Deloitte.
Sign with them and keep interviewing
I have been working as a consultant for a Big 4 firm for less than a month now. I just found this subreddit and is it normal to not have any clue what's going on? I am young I worked my previous job for 2.5 years before taking this job. When do things start making sense?
Probably about 6-12 months in.
I’m currently working in industry in Canada. As the title suggests I have been through the interview process with a SF based consulting firm. They will likely be making an offer soon for a senior consultant position. Initially, I was applying for a full time role. However, as I don’t plan on moving to the US any time soon (at least not for 2 years) they are saying that in this circumstance they can offer me contract positions (6 month terms with extension options) and the rate is at $50/hour for this position. Moreover, I can’t be a remote employee in another country.
It seems like a great option overall but I wanted some input from other experienced consultants on the situation as well. Is there a risk that if the firm doesn’t staff me on a client at times during the contract I won’t be compensated? Or is it that I would still be able to bill my minimum hours of being on “standby” with the firm?
I genuinely do love the firm and it’s culture and do plan on staying with them longer term (and moving to the US down the line).
Any feedback is appreciated!
> Is there a risk that if the firm doesn’t staff me on a client at times during the contract I won’t be compensated?
Yes. That’s the inherent risk with contract roles
How transferable are skills that you pick up in cyber strategy? I’ll be doing tech consulting and want to move into strategy consulting at MBB.
Extremely. Assuming you stay in the field for a few years, you'll eventually hit the point where you choose whether you want to do boots-on-the-ground work or management. The former is the specific tech you most worked with (say, Cloud Software Engineering into purely being a Cloud Software Engineer at a tech company). The latter is product management or strategy.
In your specific case, what I'm saying is that your career will naturally progress you towards strategy consulting.
Not seeing the connection to MBB
Tips on writing timesheet ?
Deciding between an August vs. November start date and I was wondering how recruiting cycles might play into this decision.
If I were to look for another role after 1-2 years, would completing the promotion cycle in October hurt my chances of recruitment (PE, corp strategy or PM in tech are roles in mind), or does most lateral recruitment not follow a strict cycle?
For prestige whore exits (e.g., PE), they may explicitly ask for signs that you're an overachiever (GPA, SAT scores, GMAT, early promo). Starting in Nov may be an easy excuse for your firm to not promote you on schedule. I agree generally with bubba, just wanted to give you a heads up
Not worth worrying about. Maybe there are some edge cases where an extra promotion helps if you really want to continue to overachieve (which is ok), but frankly if you really do something cool with your extra time before starting then I'd take that any day of the week.
Hello I am looking for negotiation advice. I have a masters in economics and 2 years government experience. My work is costing train movements and infrastructure spending for the major north american railways. I am in the recruitment process for a boutique transportation infrastructure consulting firm in Canada (3 interviews, 2 case studies, and 1 interview with the managing partner left). The work I would be doing is very similar to what I currently do, costing rail development projects. I have a been told the compensation package. Keep in mind I am being recruited for a development program where you do a year between 4 teams and then become a senior consultant. The first year compensation is 55k base for 6 months and the 60k base for 6 months. The bonus is based on supervisor discretion.
I currently make 62k/year and guaranteed 68k/year next year. I think the salary and career progression with the consultant firm will be faster, but less stable than government work.
I would like to get at least what I get annually for the new job but want to try for 5k/year more. I have never negotiated salary before so I don't know what to go in with. I have a lot of research of what economists with my experience make and what consultants in my market make.
Any advice would be appreciated.
Try reaching out to the recruiter and saying something like "I'd like to revisit the comp figures you mentioned. I'm currently guaranteed 68k next year. I'm excited about this offer because of the challenges and the opportunities, but I'm surprised that the comp doesn't at least match what I'm currently making. Is there any room for movement?" They may not revise the offer, but you'll at least let them know that you have a competing dollar figure on your value that you'll be comparing their offer against.
I am currently an undergrad and I am joining EXL as a consult analyst this august they selected me based on guesstimate/case studies skills. I have some good time in my hands I would like to get a larger picture of all the possibilities going forward and also what I can do in these few months before I join. I have no idea about the field just loved the guesstimates/case studies and participated in our uni's career fair. Please guide me! \_/\\\_
Reach out to whoever your contact is within the practice you'll be joining (someone that can give you accurate information based on the work you'll actually do, not the recruiter, and not someone from a group you won't be working with) and tell them you're excited about the opportunity and would love to do some pre-reading on any subject areas they recommend. They may give you some good topics to read up on. You'll most likely get an answer like "we'll do onboarding once you start, so just enjoy your time before then" (which is good advice). If you get that non-response and still want to prep, just polish your Excel and PowerPoint skills so you're comfortable with the tool set and can use their full functionality.
Could any female consultants advise me on what shoes to wear? How common are heels? Joining big 4 in organisational behaviour consulting. Thanks in advance!
Not female but it would vary between regions and firms (e.g. in Australia it’s common for women to just wear flats to the office). I suggest specifying your region for a bit more guidance from the women in this sub
Hi there, good point! I am in Australia, specifically Melbourne. Hope that helps.
Just get some neutral color flats until you get to the office and figure out what the norms for your firm/clients are.
I signed on to start at a firm right out of college. They said that they would send new paperwork with my official starting date. It’s been 3 weeks since they said that. Should I be concerned or just wait it out since it was the holidays?
That’s what I was thinking as well. Is it common for communication to be scarce if the day i accepted and the day i start is like a three month gap?
Minimal information is common, but you should have a signed offer letter with a confirmed start date. If you don't get something by the end of this week (maybe just got delayed due to holidays), reach out to the recruiter contact on Monday and politely ask for an ETA on the paperwork.
I wouldn’t be concerned at all. My senior year of college accepted my offer about 10 months before the start date. We got a handful of emails for happy hours and stuff like that but we didn’t hear any real information about onboarding until about a week before the start date. Talking to people I knew in college at the time, it sounded like most companies were pretty similar on that front.
What sorts of MBA prep/support do MBBs provide, if any? I remember going to some office visits with econ consulting firms that mentioned they'd bring in MBA programs to visit etc., is that commonplace?
Hello all, I am an undergrad from IIT in India, I will be joining MBB in 5 months, I literally have no experience in consulting or any related field, all my projects and internships were in core data science, can someone suggest me any skills or courses which might help me in my job.
Also Im kinda afraid that I might be one of the worst freshers at the firm due to my lack of knowledge and skills, I also do not know what kind of work freshers do, Ill be grateful if anyone can shed some light on that too. Thank you
Brush up on your quantum mechanics, general relativity, methalox rocket engine design, 5nm chip manufacturing schema, etc :)
Relax and enjoy the 'quiet time' before the storm
Thousands of entry level people have come in with zero experience and have done just fine. You’re here because you are generally smart and hard working. The rest, the firm will take care of.
I've never gotten a notice that I cleared a background check. You typically never hear anything back on this unless something goes wrong.
I'm not at McK, but the signing bonus may not process until after you start. My signing bonuses are normally packed with my first or second paycheck. You can probably ask the McK recruiter about this process/timeline.
My friend at McK also got his signing bonus pretty late. He signed at the end of the summer and got it around November. I don't think they notified him when the bonus was finally processed. Not sure what the delay was.
How common are hedge funds investment analyst positions as an exit from MBB BA/AC/A?
Unusual, more common to go MBB--> PE --> Analyst. Though I had some Analyst interviews directly from consulting, Sunley House (within Advent) was one of them but that's probably because it's a captured HF. I have friends who went MBB to Stockbridge (Berkshire).
Consulting was never something I considered until this fall, but with some intense interview prep, I was lucky enough to land a position at Deloitte as a human capital consultant for next September. It’s my understanding that MBB firms are considered the creme of the crop (better than being a big 4 consultant). Given the prestige and exclusivity of MBB firms, how realistic is it for a consultant at Deloitte or another big four firm to end up at an MBB firm? Is an MBA generally necessary for this? Any thoughts are much appreciated.
The highest probability play to move to MBB from Deloitte is an intermediary step at a top MBA program. MBB typically doesn’t do much experienced hire recruiting at pre-MBA levels, and they don’t generally try to poach from Big4.
How does one generally get into MBB firms without an MBA? I would also think there are more lucrative career paths that one could get through an MBA rather than moving into MBB if I’m not mistaken?
Hi! I'm a recent male grad starting soon in NY. In college, I rocked the classic hoodie/sweats outfit, had my internship done virtually, and used one suit (that no longer fits lol) to get through recruiting so my current wardrobe could... use refreshing. I took a look at the wiki but the info seems to point to other subreddits so figured I'd ask you all first!
With that in mind, what clothes should I purchase before starting? Any recommended brands that I should look into? The office has specified "nice jeans are okay" but I'm not sure how much to trust them on that. If anyone is familiar with NY Metro area, I'm planning to make a run to Woodbury Commons--any recommended stores to stop at (like BR, J. Crew, etc)?
I had to reply to a 4 month comment, but I'm in the exact same boat as you and I am starting in a month. What ended up being your gameplan and how did it work out?
Nw! Depends on where you’re working tbh as in city.
When I’m NY, I wear Twillory dress shirts and Banana Republic chinos every day.
I’m on a case based in the South now and I was told by my manager to only wear polos and either jeans or dressed down chinos.
I haven’t needed a suit yet, although the jacket was nice for picture day. I’d also say the office is much more variable than before COVID — I’ve seen people in NY wear suits to new starters showing up in a nice hoodie and nice jeans tbh. Hope that helps!
Thank you! The insight about the suits is what I was looking for!
TM Lewin for shirts is what I use to this day. The best way to look sharp is having something that fits well. They have different sizes including neck and sleeve. Get a wide range of colors, a pair of slacks from anywhere you want (I'm big on Topman), and you're covered for every work and formal occasion you'll have in your life.
Awesome! Thanks for the input, start next week so I’m getting clothes now.
Should I get a blazer? The suit I have from recruiting no longer fits (lol) so I am currently out of any jackets. But I’ve also thought that it’s sort of a big investment so if I can I’d rather wait until I start getting paychecks to purchase.
No. Button up and slacks will cover you for most cases. I assure you, a good fitting shirt and pair of slacks will make you look the part. Remember to get things tailored if you can't get an exact fit. For the remaining possible occasions, such as if the client site has everyone wearing suits, get one. You can wait until then, though.
Solid, I’ll hold off on a blazer and a new suit for now then.
Spent a lot of time at the local stores getting everything measured the past two days, so here’s hoping the shirts and pants I got hold up for at least a little bit + look decent on me! Thanks for the help and happy new year as well
Don’t buy anything until you figure out what you need after you start
First few weeks are all in-person training with one week off-site (not sure if COVID situation rn will affect this). So I think I'll hold off on major purchases until a few months in, but I will probably need some new clothes to get through the first few weeks.
Also, maybe a silly question, but how will I gauge wardrobe if a lot of others in the office are still WFH and my only reference point is other Jan hires?
> So I think I'll hold off on major purchases until a few months in, but I will probably need some new clothes to get through the first few weeks.
button up collared shirt, nice slacks or jeans
> Also, maybe a silly question, but how will I gauge wardrobe if a lot of others in the office are still WFH and my only reference point is other Jan hires?
talk to the many other people that work there, starting with your manager
Fantastic, thank you. Have a call set-up with my manager before starting too, good advice there
you probably don't need to wear a suit for your job, but it's always nice to have one just in case.
If you know your size, online retailers like Spier and Mackay are very high quality for the price.
Jcrew, Banana republic are solid too, especially since you can go in-store and try. Make sure it's 100% wool tho. (or at least 97% if you need the stretch)
Thanks will check those out.
Besides suits, anything else that is considered a go-to? I was thinking of button-down colored shirts (in boring white and blue), and a few chinos/khakis really.
you nailed it.
always also good to have some sweaters to toss over your shirt (doesn't have to be patagonia but a lot of ppl wear em...)
Charles Tyrwhitt is a solid brand for non-iron dress shirts
Awesome! I will take a look at some sweaters then. I have some college branded Patagonias I got for free during school but I don't want to be labeled as "that guy" so I'll look into some non-branded sweaters too :)
And thanks for the shirt brand too. I'll check them out!
> TLDR- undervalued myself and didn’t realize until after I signed offer. Company increased bonuses and we will have to resign offers. Can I renegotiate salary?
Alright fair enough
How will boutique firm conduct background check? They only require me to provide 2 references from previous employers within 3 years. No more information and document. Is it normally how small firm does? I am in the UK. Thank you guys!!
This is entirely dependent on the firm. I'd expect a criminal record check as well at least. Possibly confirmation of any education information you claimed on your resume.
Hi guys! Any tips / advice / resources on managing and leading a team?
Sit down with your analysts and get to know them, their motivations, goals, etc. Come up with a plan to help them get what they are trying to get out of working for you. Show them you are willing to invest time and mentorship in helping them develop and achieve their goals and set expectations that in return you expect them to work extremely hard for you and what you want that to look like. And then in terms of execution, don't underbudget time for structuring work for your analysts. It is smart to wake up an hour or two before them to write out their tasks for the day/week, how they will accomplish them, how to deal with roadblocks, when to check in, what the exact output desired looks like, etc. This is just one approach to leadership but the former part helped me achieve a lot of success in managing because I built up goodwill by showing analysts a willingness to invest in them, so they picked up a lot of slack in areas that might have otherwise shown poorly on me for being a junior manager. Then when I got more managerial experience and was able to plug the gaps of novice management techniques, it was simply a gross positive to have highly motivated junior employees.
These are insanely valuable insights. Thanks for sharing! I can't wait until I start my role :)
Context: College 3rd year in the US with an internship offer from MBB and was wondering about exit opportunities
A thread that often comes up on this sub asks about the exit opportunities for consultants. Many people mention that they see a salary increase when they leave consulting. However, I am confused as to how this happens exactly. For instance, MBB salaries for Manager and Partners are pretty large. Do industry jobs really compete with those while offering a better WLB?
Not all, but many do, especially in hot fields like tech. You might consider it as corporates buying out your compensation trajectory.
GPA seems a bit low but other than that nothing stands out as making or breaking your candidacy
Did Bain recruit from your school? If so, how much?
I know about 4 people who I will reach out to the second I get back to campus, but we see about twice as many for the other 2 and countless big 4
You can look at the Consulting lists at Vault.
Hi all -
Received an offer from Capgemini as a Consultant I. It will be my first salaried position after graduating with a general finance degree a few months ago.
How much travel can I expect at Cap as a freshman consultant given the current state of the pandemic? Is this likely to change within the next year?
Thanks all! Excited to join the profession.
Expect travel to ultimately revert back to M-Th by default. What your travel will look like in the next year is largely a function of the clients/projects you have, and can range from fully-remote to pretending-Covid-never-existed.
>te, and I understand that they've moved to a Corporate Amex. If I want to accrue points from my work spend
Can only speak for London but you can request your own corp. amex which will collect points for you when spending. Alternatively you buy on your own card and expense back.
Just ask your colleagues when you join
I am an incoming MBB intern. Undergrad majoring in Finance. I noticed I don't have a passion for finance. Would it be harmful for my consulting career to switch to a general commerce major?
Should I network around before starting at the firm? I already know some senior people throughout the process (Only through Linkedin, never meet in person). I am a final year student and will start next year after graduation. I am in London and don’t know what the common practice is.
Only if you want to. Doesn’t really matter.
I have some questions:
I just have an offer from a boutique firm for next year after my graduation. Only phone and mail offer. How long does it normally take to have full contract and paperwork after receiving offer? Do they wait until I graduate next year to send out all the paperwork?
Background check first or signing contract first?
How about the background check? I have just been in the UK for 2 years. What will they ask me to provide for the background check? Will they check back to my home country?
I am living in London UK.
Thank you guys so much.
You should get an offer letter (which sounds like you have it) and you’ll receive your employment contract later. You can call them if you want to clarify
#Quick question re: MBB hiring process
I went through the first round with HR, then second round met the team (included case, in person), along with meeting the team leader (included case, zoom).
Was told to expect an answer last week. Last Friday I reach out and was told I'll hear from HR the next week (current week). But it's been nothing but silence.
Is this normal to go into Christmas holidays without any heads-up? Or do I consider that I'm a reserve candidate and might not eventually get the role?
It’s Xmas. The guy who was supposed to call you probably didn’t find the time and then said fuck it, it’s the hols anyway
There is no “normal” really for experienced hires. They’ll get back to you when they get back to you. See the OP in the thread you were supposed to post in.
Hello folks, asking for a friend, not on Reddit, who works on projects on financial transformation at a T2 but is looking at making the jump to another T2 into the M&A team that works on stuff that happens post-deal finalization.
She likes strategy work more and isn't sure what kind of post-deal finalization work looks like for M&A teams in consulting. Can y'all share your insights on what that looks like? Is there any strategy work involved? Or are post-deal teams more implementation and very less strategy?
She should ask the recruiter this
I'm new here, there's a GS Engineering Campus hiring program for New Analyst in India, from what I have heard from a peer(cleared only 1 round) , round 1 consists of Quant and Aptitude and round 2 consists Maths(10+2) and programming questions.
Can someone please provide more information about this campus hiring challenge?( Number of rounds and what to expect)
Also some preparation advice in the programming for the job, is highly appreciated.
Thanks in Advance.
Any advice specific for those starting with remote work / during the pandemic
Good to always be proactive in asking for feedback, taking time to chat with your peers / colleagues.
Buy a comfortable office chair
In a 10 hour work day (8-6) in WFH, for how many consecutive hours do you think you are productive/in meetings? (Minus breaks and lunch)
I’ll be joining MBB next year after graduating. I am just wondering what I should expect in terms of work life balance? What are the working hours? Would I have to be on call in the weekends? Also, what sort of work will I mostly be doing? Will it be repetitive PowerPoint manoeuvring or actual strategy work?
See some of the survey results in the wiki.
Dumb q, where can I find the wiki? Or specifically survey results
Just joined consulting from Industry and looking for courses/programs I can sign up for to help me with business fundamentals (strategy, finance etc.). My job is 75% technology consulting and 25% business consulting. I already have a master’s in my domain but want to upskill myself on the business side of consulting. Are there any 3 month long programs that will help me specifically to bridge this gap and stay afloat, if not compete, with the MBA grads that join consulting?
> Are there any 3 month long programs that will help me specifically to bridge this gap and stay afloat, if not compete, with the MBA grads that join consulting?
How many of my coworkers use weed products? This is a question I'm too embarrassed to ask them
How would we know we aren’t your coworker
oh no, you can't trick me that easily
Internship pay isn’t usually negotiable
that's kinda though for an internship especially if you don't have experience already (i.e this is your first internship)
New consulting job and I will be on travel 4 days of the week every week. I have a few questions since I’ve never done extensive work travel prior:
- Best living options? Is a nice apartment worth it? Or are you better off choosing something cheap since I’ll only be there on weekends? Another option would be to move in with some roommates but how valuable do you think alone time/time to decompress is?
- How do you typically get to the airport? Does employer pay for an Uber if you’re in a city? Or are you on your own in terms of getting to the airport?
- How close/important is it to be close to the airport? Mine is 35 min away with traffic.
>going to a nice place after a long week of travel. Roommates are up to your budget
Talking for myself:
\- I rent a nice flat which I share with a friend I knew before I moved to London. Personally after a long week consulting / travelling its great to come back to somewhere that is nice and large enough to unwind. (Also nice to invite work friends over)
\- Company pays for all travel costs inc. taxi to the airport
\- I wouldn't prioritise how close you are to the airport unless you know every travel case will require you flying. Even then I would still choose a location where you will have people your age / social opportunities / gyms etc. to provide the life side of 'work/life balance'
Thank you! Definitely some useful input.
> • Best living options? Is a nice apartment worth it? Or are you better off choosing something cheap since I’ll only be there on weekends? Another option would be to move in with some roommates but how valuable do you think alone time/time to decompress is?
This is entirely a personal preference
> • How do you typically get to the airport? Does employer pay for an Uber if you’re in a city? Or are you on your own in terms of getting to the airport?
You expense your travel costs to the project. You should also ask your manager.
Definitely a personal preference but curious about how you go about it and your thoughts. If possible! Thanks!
I always enjoyed going to a nice place after a long week of travel. Roommates are up to your budget
Appreciate the follow up. Thank you and enjoy Christmas and the Holidays!
Probably a really dumb question, but how important is it, if at all, to be able to drive?
I grew up in urban Boston, so I always took the train or bus and never learned how to drive.
I signed with an MBB Boston office, obviously no need to drive in Boston, but for client travel do I definitely need to get my license? I have a passport card as my ID.
It’s not important. Just tell people you don’t know how to drive
Just learn before you start or during. Not a HUGE deal but you may have to drive rentals and being able to pick up your boss never hurts. Also, just generally an important skill.
Not until you get a written offer
I recently applied to Protiviti's IAFA internship, and was wondering what does IA consulting actually consist of? Another question is what would the day to day look like in general? My only experience in Accounting is in industry as a accounts payable clerk at a government contractor, so I am essentially as green as shrek.
I would probably give you manager a heads up.
Is it normal to be hired as an experienced associate with only data management experience? How would I know if I am suitable for consulting?
Post a resume
I'm an undergraduate at a top ivy league looking into doing a 2+2 program. I already have an offer lined up after I graduate at an MBB. Partly because of that and a couple of personal issues, I didn't perform that well this semester. I think I might have failed a class...
How likely will that influence my candidacy at an ivy league through 2+2? Or through just regular apps 2 years into consulting? (How important are undergraduate grades?)
They give 40% discounts to homeless people if you just wait for one of their sales or buy from an outlet store.
Debating between start dates in September and October. Hoping to spend the time from when I graduate till my start date traveling, spending time with friends/chilling, maybe find new hobbies, etc. Looking for perspectives on those who started in September/October. Did they feel that they could have used an extra month or felt they had too much time before starting/got bored. Note: I graduate mid-June.
How generous are tuition assistance programs usually? Are there loyalty requirements?
I would hesitate and really think about it for a bit. There are almost always loyalty requirements. If i look at my loans and the income I was able to increase between jobs it was well worth it not to sign any loyalty agreements. This is a fast paced industry and a little experience goes a long way when you're able to move to another firm. I am more of a subject matter expert than the MBA style, though.
Try to find firms or negotiate professional development funds, though. Its super helpful for certifications and memberships to organizations.
Tuition programs generally cover full tuition, and some provide an additional stipend for room & board, laptop, etc. Keep in mind that these programs are generally structured as competitive and only top performers are even eligible to apply - they're not a benefit that is available to anyone that wants it. There are also definitely loyalty requirements - typically you have to return to the firm and stay with it for 2-3 years post-return; you would have to return any funds if you leave before that time (sometimes it vests so you only have to partially pay it back if you stay for 1 year).
I'm thinking of buying a bright yellow suitcase, it's pretty ugly but there's no way it'll be mistaken for someone else's. Is it too flashy for MBB?
No one cares.
Just presented to a client and I was obviously nervous in my voice... Feeling embarrassed. Are clients used to this?
If they know you’re junior, maybe. But it is certainly something many people face early in their careers, and certainly something to continuously try to get better at.
Recently accepted an offer. My background check report from hireright says it “meets company standards” but my future employer still hasn’t said I’m all set. Wondering if now would be fine to put my two weeks in? I have some calls with managers and directors tomorrow about plans for next year and I don’t want to blindside them for when I do quit
Don't put in your notice until you have a signed offer letter with a confirmed start date. Don't worry about planning next year's work even if you're about to leave - the plan may still be relevant/transferrable to someone else, and they'd have the conversation with you even if they were planning on laying you off.
When a company is willing to terminate you with no notice, you should prepare for them to be entirely ruthless and you should never feel bad about protecting your interests. Burning bridges isn't about only giving two weeks' notice, it's about being unprofessional about the transition once you've given your notice.
Recently got made an offer to work in an economic consulting firm, this being my first full time job after finishing my Masters of economics at a top North American School, and 4 summers worth of relevant internships. Their offer was 79k CAD + 10k signing bonus. Is this a standard salary for my level/is there room for negotiation for Masters graduates?
Thats the exact same offer I got. Also a masters graduate with no prior full time professional experience. Would you happen to be in Toronto?
Offers for those incoming from schools (undergrad or grad programs) are typically not that open to negotiation. You can try, but don't expect a ton of movement. Especially if you don't have a higher competing offer that you can leverage.
Well I don't know what rates are for master graduates in Canada, but the average for undergrads is around 70K CAD. Make of that what you will. If I were you I would def try to negotiate a bit more considering masters and relevant experience to get at least 85k CAD. Then again, if it's 79k in low cost of living (i.e not toronto, vancouver or montreal) then it might be accurate.
I think that is a very very good offer, especially for it being your first full time job. The salary me and my friends started after our MA's was at 62-67K TC
I know networking is important.
What should be the message when you send cold networking email to a partner? Someone suggested me to connect with you?
What are some of the good discussion topics?
I am new to the firm.
Yeah that's about right. You can play the newbie card for an introduction.
I'd do some research around what they are working on and come up with 3-5 questions or topics of conversation you'd want to chat about to keep the conversation going
I recently received an offer from a boutique tech consulting firm specialized in cloud advisory. The company is based in US but I will work in Canada. Base pay is 82k + 10% bonus. I need to hop on a call with hr to discuss and need some tips to negotiate. I know I am an undergrad but I have done several internships before and I know people who negotiated successfully. Still, need some tips to negotiate
Is that cad or USD? How many years of exp? That's higher than b4/accenture entry level if I remember correctly
That is CAD, I am based in Canada. I am new grad but I have more than a year of relevant internship experiences
FYI that is an above average salary for undergrads in Canada, especially in consulting. Not saying that you should not negotiate (although it is more difficult for undergrads) but you got a good one.
It'll be hard to negotiate as a new grad. You can always ask but not sure what they will give you. I'd get some FT exp first and then negotiate for the next role
What’s usually the dress code for people in North American MBB offices? I’m doing some shopping for new working outfits, but also don’t want to be trying to hard
The standard practice used to be to dress similarly to the client. So you might have a pretty lax dress code if you’re working for a tech client in the bay than if you are working for a financial services client in NY. However with COVID removing a lot of travel out of the picture, people have gotten pretty lax with the dress code at least at my office. I’ve seen managers rocking golf polos, lululemon pants and sneakers regularly, but this might not be the case at other offices/firms.
What's the absolute minimum time I should stay at my first consulting job? I got an offer from a boutique strategy firm in London after my master's but my girlfriend will be on the west coast of the US so looking for other jobs in the area. Ideally, I swing a job there, but if not what's the least of the amount of experience that would let me not get screened out by recruiters? I know everyone says a year but I'm open to just restarting at entry-level if it means moving closer to my girlfriend.
There’s no absolute minimum if you’re willing to restart at entry level. The biggest obstacle will be work authorization
> They sent the contract out and I signed it the day after but a bit worried that I signed it too soon (had a few months to commit)
What’s the worry here?
What's the comp structure like a manager for at PWC in internal services? Sign on bonuses available? Average comp?
Depends on your market and what department for internal services
My working hours at B4 as a junior consultant are set to be a core of 09h00-15h00 and an expected 7.5 hours of work per day, as per my contract. Is this normal? I've heard that consultants are overworked but this seems quite reasonable.
Sounds pretty similar to what I was initially offered by B4 and MBB.
If you can get your deliverables in within that time you’re good
New hire straight out of undergrad. 74k w 5k signing bonus at Big 4 in HCOL state. Is this a good offer? Am i able to negotiate if it’s my first job out of college?
Not for recent grads
is this Canada or US?
That sounds about right. Most consulting salaries at major firms aren’t negotiable