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Application process / career change for PhD

Application application process Application timing
New answer on Dec 12, 2022
5 Answers
625 Views
Aaron asked on Dec 11, 2022

Hi all,


 

I am a technical sales specialist with a scientific instrumentation firm and I’m planning to change careers into MBB consulting.  My target is Associate at McKinsey, though I’ll be casting a wide net at other organizations.


 

I’m based in Atlanta, GA.


 

In summary, I have a PhD in chemistry with roughly 9 years of experience —


 

  • scientist at three start ups
  • scientist at UCLA
  • Lecturer at UCLA for 3 years
  • 5 years technical sales experience


 


 

However, I am unsure on a couple things:

  • What time of the the year should I be applying as an experienced hire?
  • What position I should be applying for?
  • My degrees aren’t from ‘target’ schools
  • Does GPA matter this far out?  I finished my PhD in 2013 and bachelors in 2006.
  • Should I be fully prepared for the interview process when I click apply?  Or should I apply and then start coaching sessions / case reviews ?  How much time should be dedicated to this?
  • Is this a realistic timeframe?  I want to be as prepared as possible.


 

My timeline:

  • Finish and perfect my resume over the next two weeks then submit to someone on here for review
  • Network to everyone in my target office for about a week once resume is finished and approved
  • Apply in January
  • Start coaching sessions / case reviews


 


 

Could you please share your thoughts on this? Any advice is appreciated.


 


 

Overview of answers

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Best answer
Francesco
Expert
Content Creator
replied on Dec 12, 2022
#1 Coach for Sessions (4.500+) | 1.500+ 5-Star Reviews | Proven Success (➡ interviewoffers.com) | Ex BCG | 10Y+ Coaching

Hi there,

1) What time of the year should I be applying as an experienced hire?

It depends on the office as some have specific deadlines for applications.

If there are no specific deadlines for your target office, the best thing is to ask the person referring you (ideally you should get a referral) if now it’s a good time for that company/office. 

Having said that, applying in this period should be fine, unless the deadlines have passed.

You can find more on referrals here:

▶ How to Get an MBB Invitation

▶ The Exact Steps to Get a Referral

2) What position I should be applying for?

For a generalist, McKinsey Associate / BCG/Bain Consultant (or any post-MBA equivalent) seems right for you. The next level is Manager and consulting companies normally don't hire for manager positions without relevant previous consulting experience.

You may also check if they have expert positions in your field if you prefer that.

3) Does GPA matter this far out? I finished my PhD in 2013 and bachelors in 2006.

It should not matter much anymore but in any case as general rule, if you have GPA of 3.7 or higher I would recommend to add it, otherwise to keep it out.

4) Should I be fully prepared for the interview process when I click apply?  Or should I apply and then start coaching sessions / case reviews ? How much time should be dedicated to this?

I would recommend to start in advance as preparing properly for interviews requires 100+ hours for most people.

5) Is this a realistic timeframe?  I want to be as prepared as possible.

The general timeline your reported is fine, however if you have already decided you want to do coaching, it could make sense to do at least one session early on for the following reasons:

  • The coach could help with CV, cover and referrals.
  • The coach could help to identify your key issue with case and fit and fix them right at the start of your prep.

For general suggestions on how to prepare, you can find more info here:

▶ How to Prepare for a Consulting Interview

For other questions please feel free to PM me.

Good luck!

Francesco

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Rushabh
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updated an answer on Dec 11, 2022
Limited Availability | BCG Expert | Middle East Expert | 100+ Mocks Delivered | IESE & NYU MBA | Ex-KPMG Dxb Consultant

Hello Aaron,

Here are my thoughts on your questions:

1) What time of year?

Consulting firms hire all year round. However, based on geography, firms would have their own internal clock. December/January generally is a great time to apply.

2) What position?

This depends if you're applying as a generalist or as a specialist. Your profile would carry more weight if you apply as a specialist (advanced degree holder) - this means you will typically be engaged in projects in your area of expertise.

3) Does GPA matter?

After 9 years of experience, it shouldn't. However, if you have a great GPA - you should always mention it on your CV. If not, then maybe best to skip it.

4) Preparation before application? and Timeframe?

This is where it gets very subjective. It takes a few weeks after your application is submitted to hear back and get an interview - minimum 2 weeks, could go up to 6-8 weeks. 

I would say that your first objective is to ensure that your CV clearly highlights all your transferrable skills in a ‘consulting’ language. Getting an outsider's opinion is the best way to weed out the jargon - peer, friends, coaches etc.

Next, depending on the firm and office that you're applying to, you may have to prepare a cover letter which clearly highlights your motivation to join consulting, why are you a good fit for them and why they are a good fit for you. This takes some time if you are applying to multiple firms simultaneously.

After that, it's great to do 1-2 case and fit mocks with coaches to see where you stand. Your coach can help prepare an action plan for you from their experience that indicates how many hours of prep you would need and in what areas. Some areas may be a quick fix, some may take a lot of effort to improve.

Once you have this ‘effort estimate’, then you can judge whether to apply immediately or hold off for a few more days to get a jump start in your preparation.

All the best in your applications and feel free to drop me a message if you need help in Resume/Cover Letters/Interviews!

Rushabh

 

(edited)

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Hagen
Expert
Content Creator
replied on Dec 12, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there,

First of all, kudos for the courage to change your career path!

This is indeed an interesting question which is probably relevant for a lot of users, thus I am happy to provide my perspective on it:

  • When applying as an experienced hire, it is generally best to start your job search in the fall, when consulting firms typically begin recruiting for their next intake of associates. This will give you time to network, prepare your application materials, and practice for interviews before the hiring process begins.
  • When applying to McKinsey, you should apply for the position of Associate. This is the entry-level position for experienced professionals, and it is typically the starting point for people with backgrounds similar to yours.
  • While having a degree from a "target" school can be beneficial, it is not a requirement for success in the consulting industry. Many consulting firms are interested in candidates with diverse backgrounds and experiences, and they value qualities such as analytical skills, problem-solving ability, and communication skills.
  • Your GPA is not likely to be a factor in the hiring process, as it is not relevant to your current experience and skills. Consulting firms are more interested in your recent work experience and your ability to perform well in interviews and case studies.
  • It is a good idea to start preparing for the interview process as soon as possible, even before you apply. This will give you time to familiarize yourself with the types of questions and case studies that consulting firms use, and to practice your interview skills. You can start by reviewing sample case studies and practicing with friends or colleagues, and then consider working with a coach or joining a study group to further hone your skills.
  • Your timeline for applying and starting coaching sessions is realistic, but it will require dedication and effort on your part. Make sure to allocate enough time to networking, preparing your application materials, and practicing for interviews, and consider seeking out additional support or resources if needed. With the right preparation and effort, you can increase your chances of success in the consulting hiring process.

In case you want a more detailed discussion on what to do in your specific situation, please feel free to contact me directly.

Best,

Hagen

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Ian
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replied on Dec 11, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

There's a lot here! If you want the best advice, I would recommend you get a coach to properly advise you.

That said, from what I see, your timeline can make sense.

Make sure to network extensively and get your resume in as strong a state as possible. You should indeed be about 80% case ready by the time you apply.

Here's some reading to make sure you're doing prep right: https://www.preplounge.com/en/articles/pitfalls-case-interview-preparation

 

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Maikol
Expert
Content Creator
replied on Dec 12, 2022
BCG Project Leader | Former Bain, AlixPartner, and PE | INSEAD MBA | GMAT 780

Dear Aaron, 

I strongly suggest booking some sessions with one or more coaches.

First, you should apply for each MBB.
To be prepared for interviews you need 2 months, at least.
When you apply you should be at 90% of the final performance.
The key point for your preparation is to be able to structure your problem-solving and communicate as a consultant. That is the key challenge.
The other challenge is to be invited for interviews. McKinsey is not that willing to hire at the moment, in many offices. So, it may be smart to prepare for some time before applying.
 

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Francesco gave the best answer

Francesco

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