McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School
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Got into MBB, have some time before start. Next steps?

Someone asked on Aug 19, 2018 - 4 answers

Hi guys,

Thank to a large extent to preplounge and local experts, I got into MBB. I have a few months before the start of the job. What can I do/learn/prepare now to be more successful / to have easier transition later?

Thank you

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Vlad replied on Aug 19, 2018
McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School

Hi,

I would concentrate on getting the right financial modeling skills and presenting your analysis in Power Point.

1) Financial modeling - the best course I know is Training The Street. Take Financial Modeling, Valuation, Maybe LBO. Also, learn pivot tables and the basic statistics tools

Excel and Financial modeling - the best course I know is Training The Street. Take Financial Modeling, Valuation, Maybe LBO. They have the amazing templates that you have to reproduce to be able to do that fast.

The key thing - throw away your mouse and put some tape on your touchpad. Do everything with your keyboard!

2) Power Point

  • First, read "Say it with charts" and "Pyramid Principle".
  • As a next step Google for MBB presentations on SlideShare and try to replicate them in PPT.
  • Finally, take MBA some cases (HBS or any other) and try to derive the conclusions and put them on slides using MBB styles.

And finally - take a long vacation before starting your job;)

While in consulting focus on the following:

  • Having a good DGL / career counselor, etc. (Each company has different names). This is a person who guides your development in the company, collects the feedbacks on you, and presents your case to a promotion committee. Make sure to have a person who is organized enough to collect the feedbacks in time, who is a nice person in general and who has enough authority in the company (i.e. Senior partner - the more power he has - the better)
  • Choosing the project you work on smartly (i.e. collect the feedbacks on each and everyone prior to accepting the project)
  • Perfect technical skills (Excel, PPT, Problem Solving)
  • Good feedbacks on you from the client. Thus try to make friends with your clients (Both senior and non-senior role. Even a bad feedback from a blue collar can ruin your career)
  • Ability to manage your own standalone workstream with minimum supervision. TOP performers bring the end products that impress others
  • Being proactive - helping the team with daily routine, scheduling, etc. Participating in the office initiatives
  • Establishing relationships with your managers and partners. Ideally, you should have multiple senior partners to be excited about you and to support you)
  • Being lucky!

Good Luck!

Benjamin replied on Aug 21, 2018
ex-Manager - Natural and challenging teacher - Taylor case solving, no framework

Hi,

Congrats ! Since I think the essentials have been covered in the previous answer, I will add my last recommandation. Enjoy your time befor starting !

Consulting is this type of job where there is time for hard work and time for enjoying. So when you have the chance, don't hesitate to take time for yourself.

Best
Benjamin

Astrid replied on Aug 20, 2018

Hi Anonymous A,

First of all, congratulations on getting into MBB!

We are very happy to hear that PrepLounge contributed to this great success! :)

A lot of PrepLoungers ask this very same question before their big career start.

Here are the Top 5 Q&A threads with helpful insider tips for entry-level consultants:

  1. Consulting Adivces and Best Practices

  2. Once your in - what skills does it take to succeed?

  3. How do you prepare before integrating a strategy consulting firm?

  4. How to do well in consulting

  5. Best way to prepare for the job after you get an offer?

Hope this helps!

Astrid

PrepLounge Community Management

PrepLounge Consulting Q&A Forum

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Alessandro
Expert
replied on Aug 19, 2018
Bain & Company | University of Cambridge | CV/Resume writing | 770 GMAT

Most MBB offices will send out prep-material 1-2 months before you start, which will include some Excel/Powerpoint/Basic accounting training.