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Is it wise to switch from service based to product based or vice-versa..or stay in same league....let's consider wlb, growth, hikes, onsite, perks, benefits.. All perspectives are welcome..Accenture Deloitte PwC India EY Sony Corporation Airbus Boeing Infosys Tech Mahindra IBM LT Wipro SAP Cargill Atos Siemens Fujitsu Tata Consultancy Bristlecone Google Apple Mouritech KPMG Microsoft NTT DATA Dell Capgemini CGI
McKinsey & Company Hi all! Any fishes at BCG and/or McK have time to chat sometime within the next few days/weeks?
I’m a consulting analyst at Accenture, really interested in strategy work (mainly tech/software clients but open to all backgrounds) hoping to make the jump some time next year. I’d very much appreciate connecting to understand your journey with the firms and the work you do.
Thanks in advance, and happy holidays!
Boston Consulting Group McKinsey & Company
Coach
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The advice I’ve gotten is take the Full-Time MBA program. You won’t have time to do the networking necessary to break into banking otherwise. Was also told not to worry about the debt as your first banking bonus will cover most of it. Lastly, I’ve been told getting an MBA full time is the most fun 2 years many people have post graduation.
IB is particularly hard to get into. They only actively recruit at 20 or so schools, and probably won't give you a 2nd look unless you are at a top 30 business school. Networking is crucial, and going to a school with a rich network of people in IB helps. That being said, full time before part time. But part time at a target school will go further than full time at non target.
Thanks. I have been networking very aggressively the past year and have made connections in banking that I am close to. Guess I just have to get into a top 15 school now.
I would make sure that the MBA program you choose has a record of being a feeder to an IB program by talking to alumni who are in IB. Most part time programs are not.
Recruiting for IB is time consuming prospect and hard to juggle with a full time job. Most IB associates that were hired out of my part time program had to quit their full time job to take a summer internship in IB and were unemployed their final year before returning to the bank after graduation.
Go for the analyst position. You’re probably unprepared for associate level given your background. Get promoted in a year. Use the time to get up to speed.
If you are lucky to be chosen (assuming you have the credentials) you will probably get a salary cut if you are at associate level and work double of hours for a few years until you demonstrate you can consistently perform and deliver
A couple of my former colleagues were hired by State Street Global Advisors. They obtained an MBA degree on a part-time basis. They both had worked for State Street. I believe they are the exception since most who get hired to work at State Street Global Advisors did not initially work for the State Street Corporation. Good luck to you!
Which country are you in ?
Based out of USA.
Could i diverge a bit and ask for tips on getting a job at LM, I’ve been applying mainly because of wanting to join the industry, Ive been in banking for 10 yrs have PM experience and Product ownership in digital ops, not asking for referrals but tips! RTX bumps me at most first stage, not even phone call
Maybe second or third tier IB, probably doing fpa
What if I do M&A for a year? Will I have better chances then?