Totally agree with Hemant; I would add to the list of exit opportunities Private Equity, in particualr if you are coming from MBB (Bain is particularly strong on that thanks to Bain Capital connection... (more)

I agree with Guennael. A couple of more elements of distinction in the comparison between in-house and strategy consultancy at same level of reputation/size are the following: Industry/Projects/... (more)

Hey Anonymous, I'm sorry to dissapoint, but there is no such thing as a typical day. Some days I will be staffed somewhere in Kuwait working until 3am on some obscure valuation, and then the next day... (more)

Hi Anonymous, here is a list of the main things you may learn as a consultant: Solve complex problems. You will learn how to find appropriate solutions for complex issues, even in areas you a... (more)

Hi Anonymous, I agree with most of what Marco has said. Although there are so many factors at play here: Personality of the CXO: I have been on projects where the CXO of the billion-dollar... (more)

Hi there, because of the way a consulting firm works (charging a different hourly fee on projects based on the seniority of the professionals working on it) this system is vital to be profitable.... (more)

So, everyone is different with their personal needs for down-time, but from my (BCG) perspective, it's better to start earlier in the year - why? Because consulting billing slows considerably closer... (more)

If you haven't checked this wiki yet: Before Starting As A New Hire https://www.reddit.com/r/consulting/wiki/index/mcnewbietips Tips For New Starters https://www.reddit.com/r/consulting/w... (more)

As with many answers you'll find in consulting, it depends. Your consultant or manager will likely want to test the waters in order to gauge your personality, ability to learn, flexibility, and i... (more)

Hi Gaurav, Your ask is complex. One simple way to start is by considering what your department is doing now and what they have trouble doing (or are unable to do but want), especially as it relate... (more)

Good news for you - not much you need to spend money on before you start. Here's what you need Dress code This usually varies by sector/region. I will say that you don't need to be fancy, but... (more)

Hi Anonymous, your certainly need to meet a certain threshold regarding cognitive smartness ("IQ"). However, you do not need to be Albert Einstein for sure! If you meet that required IQ floor level,... (more)

This is a really common question a lot of people ask when moving into consulting. A few thoughts from my experiences: - You will simply NOT be productive if you are working 80+ hours a week for a... (more)

In a certain sense YES...without great interview skills you are not given the chance to prove yourself as a great consultant :) A more serious answer: Definitely not. I've interviewed several false... (more)

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 Fi... (more)

What a very kind gesture - I don't know how much you want to spend but here are some rough ideas. Cufflinks Tie wireless headphones laptop bag briefcase travel suitcase watch... (more)

Formative

Hi Anonymous, I definitely don't think 20 months is too early to leave the job. Generally at MBB there tends to be a pretty significant exodus at the ~2 year mark, either to industry, finance, or t... (more)

After 6 years in management consulting, I have noticed that those who stay in consulting and strive have become more outgoing. I have seen many consultants in their entry positions as more introvert w... (more)

Hi, You'll work with 3 tools where you need to quickly develop proficiancy (know all the key function and work fast) - Excel : function to know vlookup(), index(match(..)), sumproduct(), sumif()... (more)