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Sorta. Is probably around to 25% of students, depending on practice, to get an interview. Itâs work, but itâs not THAT hard.
Depends on the school. If you're from a target school, it's comparatively easier to get in because firms recruit there. If not, it's much much harder simply because it takes more effort and persistence to get your foot in the door.
Pro
Some firms are more difficult to get into than Harvard allegedly... đ
Pro
No need. Donât want to tarnish your personal brand after getting into Deloitte
Harder than Harvard at some firms...
For the true strategy arm of PwC (S&), applicants per place for the grad program are between 80-100:1 (depending on year) for our London office. With the majority coming with top grades from target schools Oxford/Cambridge/LSE/Imperial. So itâs pretty hard. I know people who got into MBB who didnât get in... Of course the bar for broader management consulting is much, much lower.
Rising Star
Between PwC, Deloitte, KPMG, and EY it seemed like the majority of people that wanted consulting got it at my T25 MBA. The internship was a lot more selective. Other peeps went to Infosys, West Monroe, or others to clean up the bench. So Iâd say it wasnât a freebie by any means but if you had a modicum of determination you could get there.
Pro
For the strategy consulting arms of all these firms, very hard. Of course not MBB. But the bar is high. (I am a campus recruiting resume screener). For tech and advisory the bar is lower
Pro
Difficult as an undergrad, and reasonably difficult (not a shoein) for target MBA hires. Experienced hires are variable depending on the skills you have, and if your experience matches what is deemed âhotâ in the market. I was an experienced hire and didnât get even a callback in my earlier years but got multiple calls once I had a capability offering that was hot in the market.
This isnât offers. This is where they actually ended up. As a result it excludes people who had consulting offers and went into tech or perhaps finance. (Also excludes people who wanted consulting but didnât get it and went into tech / finance / other). Iâm not sure what is more common.
On second thought, I think youâre right - MBB isnât auto but is much better than you could otherwise get.
But if you add MBB + T2, I think itâs pretty auto to get at least one. You may not get S&, but you may get D or OW. Or vice versa.
Advisory is much easier to get in than Strategy. I donât know the stats but if 20% got into advisory then 5% probs got into Strat. Usually bc the strategy practices have much lower quota than the advisory body.
If youâre at a target school with a 3.5 for audit or tax, itâs almost automatic that youâll have multiple big 4 offers. Advisory may be a little more challenging but still better than 50% if youâre coming from a target school. Strategy or deal related may be more challenging unless youâre going FDD / accounting advisory.
If youâre not from a target school, itâs way harder but still doable if youâre near the top of your class. Source: 30+ interviews of undergrads at two big 4s
Are you talking USA? Experienced hires or campus hires?
I can only speak for Deloitte and Stratrgy&. Getting into consulting / strategy is very difficult as an undergrad recruit. As an mba hire, pretty much automatic (50-75%%) for anyone in a top 20 or so program.
As an experienced hire, purely dependent on hiring cycles.
Class size * %age who went into consulting
Came from a non target undergrad into big 4 advisory/consulting and can say it was difficult to get the interview in the first place but then after that I felt like the interview process was fairly easy.
Nothing to add that hasnât been said already but will says itâs true for Deloitte. I would say the bar gets higher in this order: Advisory<Consulting excl. Strategy<Strategy.