Career & Application at EY-Parthenon

Hi, for strategy consulting I would go for EYP or monitor

Best
Antonello

Hello!

As an engagement manager in the legacy London EY-P practice, happy to try decipher this for you - it can be a bit confusing indeed!

As a starting point, it's probably best to travel back in time a few years to understand how this team has been built up. Back in 2015, there were actually 3 separate teams that are all now housed under the same brand 'EY-Parthenon Strategy':
- Parthenon - heavily focused on Education sector and mid-market PE clients
- EY Commercial Advisory Services (part of TAS) - very similar to the Parthenon team, focusing on PE clients and growth strategy, but covering different sectors (e.g. Industrials, TMT, Consumer)
- EY Advisory Strategy - serving larger clients on longer term projects (e.g. operating model design, sourcing / supply chain, performance improvement, etc). Sector strenghts are as you outlined above, e.g. in Consumer & retail, Energy, Automotive

So, as you say, the most recent change has been to join the 40-50 consultants from EY Advisory Strategy into EY-P Strategy, which is part of the newly formed SaT (Strategy & Transactions) EY service line - forming a group of c.150 consultants in London. All the services and focus industries remain the same, and now there's just a larger pool of consultants that can have a more varied strategy consulting experience (ability to choose between 'transactions' or 'corporate' projects).

Hope that is helpful, but please shout if you have any other questions.

Hello!

There no absolute truth here, not at all. Both could be great options, it depends on you:

• What do you want to do longer term? If healthcare is your passion, then for sure makes sense. If you are interested in many industries or perhaps looking for stepping into MBB later, probably remaining as a generalist opens you more doors
• Do you konw the poeple in both workstreams? This can make a huge difference
• Same with the career plans, are they anyhow different among the two of them?

As you can see, totally dpeends on the fit with YOU!

Hope it helps!

Cheers,

Clara

Hi there,

I just helped a candidate with her EYP final round in UK. She had a standard case and a take-home case. The standard case was a traditional cost-cutting one.

If you have to do a written/take-home case as well, I would recommend the following:

https://www.preplounge.com/en/consulting-forum/any-tips-for-writtenpresent-case-format-60min-prepare30min-present-at-director-level-3849

For what concerns the standard cases, the structure of the rounds is the same (fit + case+ your questions); however in finals there is usually more emphasis on communication and fit.

Specifically, the main differences you may find in a final round with partners is that at that stage they:

1. Spend more time on fit questions and your alignment with the company
2. Check more closely your communication (eg how you react to challenging questions)
3. May not have a “proper” structured case to present – during one of my finals I had one interview which was made by two market sizing questions and a brainteaser, without any business case. That's because during the final they know you can structure and crack a case (you passed 1 or 2 rounds already) and are more interested in your logic, personality and fit with the company.

So in order to prepare I would concentrate on the following:

• Review in detail your fit. Be sure to review your answers with experienced candidates or consultants and to have at least a backup for each dimension
• Work on your communication (reaction under pressure, how to gain time when you do not have a structure ready, connect with the interviewer, etc). This is something you can do almost exclusively in interviews with peers.
• Prepare cases as you did for the first round. If you got feedback on a specific area, focus more on that part.

If you need help please feel free to PM me.

Best,

Francesco