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Is it possible to have a professional reconversion in Consulting after 14 years spent in Investment Banking?

Steve asked on Aug 06, 2018
I am a new entrant with 14 years Experience in Finance who want to work in consulting. No experience in case
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Benjamin replied on Aug 06, 2018
ex-Manager - Natural and challenging teacher - Taylor case solving, no framework
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HI Steve,
This is obviously an unusual case and I am just sharing my opinion here, so no general rules, and other coaches may have a different view on this.
1. This seems very challenging, if not unrealistic in "general practice"

2.HIghest probability to succeed would be to leverage your expertise and apply directly in a posiiton/industry where you can add value (e.g. M&A)

3.Select cautiously the firm you're applying for. MBB might no be the easiest and most relevant for you to apply for. HOwever boutiques might be more relevant for you

Hope this helps

Best

Benjamin

Vlad updated his answer on Aug 06, 2018
McKinsey / Accenture / Got all BIG3 offers / More than 300 real MBB cases / Harvard Business School
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Hi,

With 14 years of experience, you need to apply for a very senior role in consulting. If you are talking about MBB companies, I would say you should have some of these advantages:

  1. Relationships with the particular clients
  2. Industry expertise (and relationships in the industry)
  3. Ability to be a leader in M&A practice

You can also apply for Big4 companies. They hire people with very diverse backgrounds for the senior roles.

Best

(edited)

Steve updated his answer on Aug 06, 2018
I am a new entrant with 14 years Experience in Finance who want to work in consulting. No experience in case

Thank you for your answers. I should clarify one point, I have been working as equity derivatives portfolio manager. My main skills are much more capital markets oriented.

Thank you for your advice

Bests

Steve

(edited)

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