Advice for a Final year student looking to improve their candidacy

Hi,

Since you already have a consulting offer, asssuming  what you want to improve your candidacy for MBB - I would suggest you reach out to alumni from your university who have worked at MBBs, and try to get their advice directly on what is the gap.

With the academic and other credentials you have mentioned, and your consulting internship experience, you should have had a good chance to be called for an interview. So try to get any feedback you can whether on resume, cover letter, communication style/content or other aspects of the application to see what can be improved.

Lastly keep any communication short and clear. People have limited time so you have to learn to keep things brief and to the point to get effective response.

Hope this helps.

Hi there,

Here are the major things to do:

1. Be happy with PwC - how fantastic to have this as a “backup"!
2. Improve grades
3. Get consulting experience (through the club, pro bono/experiental learning programs, etc.)
4. Network a ton
5. Get resume professionally reviewed
6. Get Cover letter professionally review
7. Get a coach

Good luck to you!

How to Get a Consulting Internship - Tips and Tricks
 

Application Tracker – Keep Track With This Free Template
 

The Most Common Pitfalls in Case Interview Preparation
 

Hi David,

1) Im wondering if anyone could give me some advice on where I could improve.

For MBB, the best option you have is to try again after the ban 12-18 months. If you would like to get an invitation from a top firm you should work on 3 things. I have listed them below.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

1) CV

The key elements they will look for and that you can optimize are:

• University brand
• Major
• GPA
• Work experience
• Experience abroad
• Extracurriculars and volunteer experience

Red flags include:

• Low GPA
• Lack of any kind of work experience
• Bad formatting / typos
• 3-4 pages length
• Lack of clear action --> results structure for the bullets of the experiences
• Long paragraphs (3-4 lines) for the bullets of the experiences with irrelevant details
• Long time gaps without any explanation

You can compensate for possible red flags with a referral (see point #3 below).

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

2) COVER LETTER

You can structure a cover in 4 parts:

1. Introduction, mentioning the position you are interested in and a specific element you find attractive for that company.
2. Why you are qualified for the job, where you can report 3 skills/stories from your CV, ideally related to leadership, impact, drive and teamwork.
3. Why you are interested in that particular firm, with additional 1-2 specific reasons.
4. Final remarks, mentioning again your interest.

In part 2 you can write about experiences that show skills useful in consulting such as drive, problem-solving, leadership, teamwork and influencing others.

It is important that in part 3 you make your cover specific to a particular firm – the rule of thumb is, can you send the exact same cover to another consulting company if you change the name? If that’s the case, your cover is too generic.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

3) REFERRALS

To find a referral, you should follow three steps:

1. Identify the people who can help you
2. Write to them a customized email
3. Have a call and indirectly ask for a referral

You can find more information on networking and referrals here:

▶ How to Get an MBB Invitation 

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

BONUS: INTERVIEW PREPARATION

After you managed to get an invitation you need to find out how to pass the interview. You can find more on that at the link below.

▶ How to Prepare for an MBB Interview

2) Additionally, I have a return offer at PwC, so im wondering if I should go back there and reapply to MBB firms or go and do my masters instead, what would give me a better chance of breaking into management consulting.

Is the position at PwC in strategy and does it allow you to move to MBB from what you can see on LinkedIn? If so, it could provide better options than a Master.

The Master could help if:

• It allows you to target a more senior position compared to Bachelor + Working experience (in some countries MBB require a Master as well). Given you already applied in the past, I assume that’s not the case.
• It allows you to intern for a more prestigious firm in strategy. You should be able to check it on LinkedIn by looking at exits from the Master vs people who moved from PwC to another firm.

If that’s not the case, the Big 4 role might be better. It depends on the following:

• The work experience is useful for your CV (you don’t already have other work experiences similar/superior).
• The transition from that Big 4 to strategy is possible. In some countries a Big 4 role unrelated to strategy might have a negative effect on your CV. You can double-check that on LinkedIn by looking if other people who worked for that Big 4 in that division did make a transition to consulting.

Additionally, be sure to choose a job that you like rather than just consider what it could lead to as next steps. Even in case the Big4 role is better in terms of moving to MBB, there is no reason to join and work there for a few years if you don't like the job.

Good luck!

Francesco

David, 

Based on your description of your profile, there's no obvious ‘problem’. The fact that you didn't pass screening most likely has to do with a combination of two factors

1. Your application package. CV wasn't written well enough. Cover Letter was not impressive. You didn't have referrals. You did no networking. You weren't in touch with the recruiter so you didn't know when to apply. 

2. The market is down - meaning, they are taking in fewer people and are thus much tougher on screening. 

Needless to say, you can't do much about the point 2, but point 1 is all within your control. 

Sharing with you a few resources to help work on those things and if you have questions beyond that, do reach out:

• Expert Guide: Build A Winning Application Strategy
• Expert Guide: How To Handle Networking Calls and Get Referrals
• Expert Guide: How To Get Referrals Via LinkedIn?

Best,
Cristian

Hi David,

I didn't see your CV and cover letter so I can't be certain about that potentially having had an impact. Otherwise your profile seems fine. However, the economic environment is not rosy so competition is even stiffer since less offers are given out.

It sounds like you did not have any internal referrals when you applied to MBB. This is something you should definitely try to get next time around - start networking well in advance. This will be even more important during unfavorable market conditions.

If you can't get into MBB after graduation, consider taking the PwC offer so that you will at least gain relevant consulting experience. Then you can always try again at MBB at a later stage as an experienced hire should that still be your desire.

Best

Start by dealing with the fact that less than 1% of MBB applicants get an offer. 

Once you accept that, network and get referrals. Do more consulting internships. Improve your CV and cover letter. Have a backup plan in the probable case you don't get an MBB offer.

Best,

Alberto

—

Check out my latest case based on a real MBB interview: Sierra Springs

Profile seems fine. I would say this is a matter of:

• maximizing grades
• networking
• referral
• polishing resume + cover letter

Hi David, nice to e-meet you and I can relate to your situation because I did my undergrad in North America and moved back to Australia for consulting grad roles, facing choices between different routes. I have worked for different big 4's and lead recruitment for 10 years. 

My two cents based on the info is - it doesn't hurt to start working in consulting under the big 4 offer to see if consulting is what you expected (it might not be due to the politics and somewhat inflexibility of projects for many) - and then apply for MBB if you still want to after 1 year or so. So this way you are making use of the opportunity and also leaving all options open.  

Obviously there are many nuances to the context, happy to chat more !