TrainCo is a manufacturer of rolling stock, or trains, with production sites in three European countries. The company has seen declining profitability over the past years; however, they are currently in a very good position to bid for and win a big contract for regional trains for a Swiss national r ... Open whole case
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About Oliver Wyman
Oliver Wyman counts among the leading international management consultancies worldwide, with more than 4,000 employees in more than 50 offices in 26 countries. The consulting firm combines distinguished industry specialization with superior methodical competence in process design, strategy development, risk management and organizational structure. Oliver Wyman designs and realizes sustainable growth strategies in close cooperation with their clients. Clients receive support in improving their business models, IT, processes, risk structures and organizational processes, speeding up processes and optimally seizing market potential.
Oliver Wyman is a daughter firm of Marsh & McLennan Companies, a global network of professional service enterprises, which offers consulting and solutions in strategy-, risk- and personal management to their clients. This network employs 57,000 people worldwide and has attained an annual revenue of USD 13 billion.
Career at Oliver Wyman
There are no pre-defined career paths at Oliver Wyman. Primarily, employees are encouraged to grow through the ambition to continuously self-improve personally and professionally. Successful consultants climb the career ladder fast and receive above average compensation. The crucial point is individual effort, which is why the promotion to partner at Oliver Wyman is neither based on your tenure nor your academic degree. How quickly you get more responsibility is solely dependent on your actions.
During the course of your career at Oliver Wyman, you will cooperate with leading corporations and experienced consultants within your teams. You will take part in high-impact projects and develop tailor-made solutions for your client’s problems, getting substantial insights into complex problem-solving and critical business processes. At the same time, you’ll continuously improve your professional skills and expertise en route to becoming a refined professional.
Oliver Wyman appreciates international mobility and intercultural experiences and supports employees who want to work at different company locations. The uncomplicated staff exchange around the globe strengthens the entrepreneurial culture of Oliver Wyman and gives you the chance to gain experience in a multicultural and international office environment.
Company Cases by Oliver Wyman
Your client, large automotive OEM WyCar, has developed its first fully electric vehicle (EV) and introduced it as a pilot on the Austrian market last year. However, sales have been far below the expected numbers. The management has engaged you to support them in understanding the reasons and advise ... Open whole case
I’m thinking about setting up a wine cellar in my basement. The way I see it, shelf space would be divided into two sections: (1) a “drinking” section where I store bottles for my own consumption and (2) an “investment” section where I store bottles that I intend to sell at a profit after they appre ... Open whole case
Oliver Wyman Q&As Add your Question
Hi there, I agree with you that Oliver Wyman do not hire much MBAs. I strongly suggest to find an internal referral if you really want to enter OW. It is strongly specialised in Financial Services,... (read entire answer)
I agree with you that Oliver Wyman do not hire much MBAs. I strongly suggest to find an internal referral if you really want to enter OW. It is strongly specialised in Financial Services, this is one of the reason why is not mainly looking for MBAs but more on experienced banking employees
Hello! I don´t think anyone will be able to give you the specifics -1st of all since it´s difficult to know, and if you do, you would be sharing very sensitive information, something that is never... (read entire answer)
I don´t think anyone will be able to give you the specifics -1st of all since it´s difficult to know, and if you do, you would be sharing very sensitive information, something that is never going to happen in a forum-.
The way it´s calculated is per headcount, and the different tenures have a different price. Then, it´s a simple P X Q in terms of people and days.
Hi team, except the direct salary comparison, anyone knows how the non-cash benefits at OW lo... (read entire question)
except the direct salary comparison, anyone knows how the non-cash benefits at OW look like compared to the MBB peers, in terms of bonus, hotels, business flights, health cares, per diem and so on. Some insights? Thanks!!
Hi! Couple of points: 1. Please make sure BCG understands that you are having these offers and need to decide soon. Normally they are very open to expedite the process under these circumstances!... (read entire answer)
Couple of points:
1. Please make sure BCG understands that you are having these offers and need to decide soon. Normally they are very open to expedite the process under these circumstances!
2. If this does not work, please be open about the situation with RB/OW and ask for a couple more weeks.
3. If they refuse to give you more time to decide, then just decide and take one of the offers. Then do your BCG interviews and see what comes out of it. If you get an offer by BCG and want to accept it, then you quit with RB/OW. Please don't second guess too much. Normally the firms should understand it and you would not be forced to such a move. But if they don't, then you just take a reasonable rational personal decision! And by the way - firms also don't hesitate to rescind offers or delay starting dates if external condiditons force them to do so. This has, e.g., happended a lot when the last financial crisis unfolded.
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