Can you give me the steps I need to follow when trying to network to get into MBB consulting?
What is the approach?
What do I have to pay attention to when attending events, writing Emails, having coffee chats with partners (plus how to get them ;) )?
A simple overview would be great, but any input is highly appreciated!
Hi,
Here are some tips on consulting networking. You can do several things:
1) Leverage your own network - find friends or friends of friends who can practice cases with you or make you a reference.
2) Attend company events. Consulting companies do a lot of events both for graduates and experienced hires. Find the social network groups related to consulting or websites, subscribe to newsletters and stay tuned. Also, check if they have events in your University since you are a PHD.
While some of the events will be open to everyone, others will require a resume and a cover letter, so make sure to prep.
3) Talk to people at the events and send Thank You notes.
Alternatively, you may use LinkedIn for that.
4) 1 on 1 meetings. All people like giving an advice. So don't hesitate to ask consultants for a career advice. Tell your story and ask how consulting fits into it
5) Mock interview Depending on where you are in your prep process you may ask a consultant for a mock interview. Consultants are very much opened to help even if it is a cold call e-mail. The main problem is a lack of time on their side. So don't be afraid to remind about yourself if the consultant has already committed but finds it hard to find the time
6) Talking to partners If you are an experienced hire I suggest to talk directly to the partners in your industry or the partner responsible for experienced hires (in consulting partners also have additional roles). Get an intro from the HR or from your friends working there. Partners care a lot about experienced hires with relevant industry expertise
7) If you are an MBA graduate Just talk to your section mates and ask for a reference or a mock interview - they will be happy to help. Make sure you attend all the consulting events.
Good luck!
(editiert)
Hi Anonymous!
Please have a look at the following article. It gives a very good overview on the success levers to break into MBB, with a specific focus on networking!
https://www.wallstreetoasis.com/forums/non-target-to-bainbcg-intern
Cheers, Sidi
Events... be the first to arrive, the last to leave. Try to make an impression, and obviously follow-up with well thought out, hopefully personalized thank you notes.
Good luck convincing a partner to have coffee with you unless it is at a school-sanctioned event though. If you need to network outside of the strict recruiting process (and you should), then best to start reaching out to people who just joined a few months before, and then slowly making your way up the experience ladder as best you can.
Ultimately though, this will only help get an interview if your profile puts you in the ballpark (school, grades, experiences) - and you still need to put in the work to crack a case and pass the interviews. No amount of networking will get you through that.
Good luck
