Applying as an experienced hire to MBB

Hi,

Congratulations on the offers! That's a great situation to be in. Answers to your questions

1.Years of experience varies a lot as you can imagine, it depends a lot on what you know and what you have accomplished vs how long you have worked. This is judged based on your career progression, years spent in a function and major career accomplishments.Typically, 5-7 years or so in a career path that shows continuous progression and increasing responsibility in an area of importance in your field would put you in a good place to switch to MBB as an experienced hire

2. Either works - both are good roles and from the sounds of it you will be learning a lot in both of them. Especially if you want to do an MBA afterwards you will definitely have a chance to apply to MBB regardless.

The one thing that works in favor of consulting (apart from building the toolkit) is you aren't committing to an industry or type of role right away and are still building credibility as a candidate

3.  To be an entrepreneur you need to take risks and follow your ideas to the end. Anyone from any field can be an entrepreneur. The biggest thing you need is a solid network of people that can help you achieve your dream - you don't need to look around much to see that. For VC, Investing roles could hold more sway given that a lot of the time spent outside of networking is spend on evaluating companies.

All the best,

Udayan

Hello!

My toughs on your points: 

1. Depends, but starting from 3-4 years -if we undertanding expeienced as someone who brings valuable insights from the industry-. 
2. Both!
3. Yes, consulting is a good start defenetly, in terms of skills and also of networking with the right people

Hope it helps!

Cheers,

Clara

Hi there,

1) For an experienced hire role (e.g., McK Associate), around 3-4 years of work experience and a Master's (and good interview performance) should be enough!

2) I think both roles are just fine - However, joining a consulting firm could increase your chances and it will help you already build your consulting toolkit

3) Consulting is a very good option for a startup/VC exit - However, Middle-East VC and PE activity is very limited - you need to build a very niche network to get access to those companies (e.g., Beco, MEVP) - Moreover, the Middle East is not the most suitable for startups (check out the MIT Enterprise Forum entrepreneurship report)

If VC/Entrepreneurship is your ultimate goal, maybe Singapore has higher probabilities of exit options

I hope this helps,

Khaled

Hi there,

1) ~6-7+ years industry experience, OR 4-5 years with a masters. Also of course depends on your job title, role, and company(ies) worked for. Obviously, if you stayed as an analyst for 7 years that's viewed differently than rapidly rising the ranks in 4.

2) Both are honestly good. However, Tier 2 specialist would definitely be an easier transition + story

3) Consulting or MBA can both take you that route. Note: The top MBAs do have powerful incubators that have really improve your odds. On the flipside, MBB provide you valuable connections and exit opportunities into the startup world.

Interesting combination of choices. I agree with the previous answer that Singapore is most likely a better option.

Hi there,

please find my answers below:

1. It depends on what you mean by experienced hire. If you mean to be considered for a post-MBA position without doing an MBA, usually 4-5 years. If you mean work experience + MBA, 2 years + MBA would be enough.
2. A Tier 2 company would work better if you don’t want to do an MBA in between
3. After BCG I first worked in venture capital and then started my own companies. Thus yes, consulting would work very well for your career path. If you want to become an entrepreneur, you don’t need an MBA – better to invest money and time in starting your business earlier. If you need tips on Singapore please feel free to PM me, I founded my last company here.

Best,

Francesco

1. How many years of experience is required to be considered as an experienced hire?

 ~4/5 and beyond

2. Which of the two offers are better suited for an experienced hire switch?

 Both 

3. My long term goals are entrepreneurship or a VC role (can't decide between the two as of yet, or the sequence, I am also open to an MBA later in my career). Does consulting fit in the scheme of things, assuming that I want to start my company/VC career in the Middle East/Singapore or go to an M7 MBA?

Yes, of course !