expert
Expert with best answer

(Deactivated Account)

100% Recommendation Rate

11 Meetings

56 Q&A Upvotes

USD 129 / Coaching

What's the difference btw Oliver Wyman and other second tier?

Anonymous A asked on Feb 05, 2019 - 3 answers
3 answers

  • Upvotes
  • Date ascending
  • Date descending
Best Answer
(Deactivated Account)
Expert
updated his answer on Feb 05, 2019

A few differentiators at OW:

1) OW FS Consultants are the most expensive Management Consultants - following the firm’s specialised expertise across FIs, fees for OW FS Consultants are typically at a ~20% premium of MBB Consultants. This significantly drives firm growth, and accommodates generous project budgets.

2) Quantiatively focused - OW’s work is some of the most numerically orientated in the industry, as reflected by the frequent use of advanced quantitative platforms (e.g. many offices now require Python and SQL training for new hires, and are more regularly leveraged on projects).

3) MBA Desert - relative to other firms, OW hires limited numbers of MBA graduates in favour of either Undergraduates at the junior level, or Experienced Hires at senior levels to being specific content expertise to the firm. Similarly, the firm does less to encourage its Consultants to pursue MBAs than competitors and does not require this step in career progression (although sponsorship is still provided for consultants who value the MBA experience).

Feel free to contact me directly if you have any more specific questions about OW!

(edited)

Guennael
Expert
replied on Feb 05, 2019
Ex-MBB, Experienced Hire; I will teach you not only the how, but also the why of case interviews
Book a coaching with Guennael

99% Recommendation Rate

264 Meetings

1,246 Q&A Upvotes

USD 269 / Coaching

Hopefully someone with direct knowledge of OW chimes in. Fwiw, my opinion as a former MBB consultant is OW is in the middle of the tier-2 pack, nothing special about them. That's not bad at all by the way, but I have never understood their unique value proposition.

Sidi
Expert
replied on Feb 05, 2019
McKinsey Engagement Manager & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 100+ candidates secure MBB offers
Book a coaching with Sidi

99% Recommendation Rate

338 Meetings

1,805 Q&A Upvotes

USD 319 / Coaching

One additional notion: Oliver Wyman's staffing model is far more international/global that what you will ever experience in most other Tier2 firms.

Cheers, Sidi