How does Oliver Wyman differentiate itself as a consulting firm?

Oliver Wyman oliverwyman
New answer on Jun 07, 2022
5 Answers
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Anonymous A asked on May 23, 2018

Hi - I'd like to learn a bit more about Oliver Wyman as a company and how it is different from MBBs. Is it just that it's a smaller sized company? Thanks!!

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Dorothea
Expert
replied on Jun 15, 2018
Ex-Oliver Wyman with 100% interview success rate - specialized in female career coaching

Hi,

There are three key differences if you compare Oliver Wyman to MBBs:

  1. Projects:Larger experience and better expertise in Financial Services related topics than MBB: Depending on the geography you work in, it is very likely that you end up on a FS project. However, OW covers all industries, just on a different scale.
  2. Culture: The OW culture is very down-to-earth, collaborative and fun - I believe that, compared to MBB, consultants are less focused on pursuing their own career and interests, but rather on the future of the firm, which makes it pleasant to work within the OW community
  3. Size and ressources: Compared to MBB, OW is a smaller-sized company. This means that certain support functions (e.g. slide service) are staffed with less ressources and are hence used less intensively by consultants (you do that stuff mostly on your own)

Hope that helps.

Best

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Etienne
Expert
replied on Mar 09, 2020
Expert interviewer | NY attorney/Strategy consultant | Oliver Wyman

All above comments are valid but geograpgy is going to be key in terms of the projects you are most likely to be staffed on: US: FS/Digital; Europe: FS; Middle East: FS/Telco/Public Sector)

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Kurt
Expert
replied on Jun 06, 2022
Conducted over 100 interviews for grads, interns & experienced hires

Hi there!

One that I'd like to add in addition to the above, is the opportunity to travel. Compared to other firms, Oliver Wyman runs a much more fluid global model which means it is possible to be staffed overseas from day one.

My own project experience illustrates this well - I've worked in Australia, Singapore, Indonesia, New Zealand, Malaysia, Korea, Hong Kong, Saudi Arabia, Peru, France and the UK.

Hope this helps!

Kind regards,
Kurt

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Anonymous B replied on Jun 07, 2022

One thing I have not seen mentioned is that OW is a subsidiary of Marsh McLennan, which provides other services as well. Marsh McLennan is a publicly traded company, which means that it is not a partnership as MBB are. That would be a large differentiator. 

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Anonymous replied on May 30, 2018

They do less strategy work, and depending on what office you are in, you will do a lot of financial services projects.

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Dorothea gave the best answer

Dorothea

Ex-Oliver Wyman with 100% interview success rate - specialized in female career coaching
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