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Joined on current company: November 2021
Current CTC: 7.26 LPA( 6 fixed and 1.26 variable pay) Offered CTC:13.2 LPA (fixed: 12 and 1.2 variable pay)
Total years of experience: 5.5 years
Note:
I got another offer by got call from applied long time before job.
Just i tried and cracked.
Ya’ll take ya vitamins today?
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CAIA vs CFA?
Bain & Company Which are the best consulting firms and practices for Climate Change & Sustainability, especially in the Canadian geography? Also, please suggest the best Canadian city for consulting jobs.
McKinsey & Company | Boston Consulting Group | Bain & Company | Kearney | LEK | EY | Oliver Wyman | PwC | Deloitte
#ClimateChange #Sustainability #Water #ESG
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Chief
I wouldn’t say “much lower” but it’s true that interns take many of the full time spots.
Chief
Returning interns are about 60% of our class. Mostly because the 40% shop our offer to MBB, the vile traitors.
Rising Star
In undergrad it’s the inverse of finance. In finance, if you don’t get a summer internship, you’re likely not breaking in.
At MBB (and consulting in general) from undergrad, it’s more often joined via full time recruiting than during the internship recruiting
Chief
That doesn’t contradict my statement. Likely not = not impossible
In my experience, summer classes represent ~80% of each full time cohort. Having said that, a lot of the full time cycle hires are candidates who had already recruited for an internship and either didn't get an offer but had built a few promoters/made a good impression or got an offer and declined to pursue something else.
Not sure about MBA, but in my undergrad business school (ivy league) it was easier to get full time roles than internships at consulting firms. Some companies took very few interns but hired quite a few full time (two or three times as many at least)! Not the same situation but maybe helps
Definitely Cornell, vastly stronger undergrad compared to the weak MBA. Same for Georgetown or CMU.
Chief
I would have said 'no, not more competitive for full-time' two years ago, but the firms have gotten more competitive with each other and are subsequently handing out more internship offers and fewer full-time offers.
That said, your career is your career. If you think you want to at least try tech, do it, you'll regret it if you don't. If you're a good candidate, firms will find a place for you.
Chief
True.
It depends on the economic prospects of each consulting firm. I was part of the class of 2020, and on my campus there were plenty of consulting spots for internship and full-time (including MBB). Since they had given more offers than need by June/July 2020 due to COVID, most consulting firms pushed start dates for full-time hires to October/November 2020 or January 2021. This definitely impacted the class of 2021 where most spots were filled via internship and some firms didn’t come back to recruit full-time on my campus. I think the Great Resignation might be pushing up recruiting numbers for the classes of 2022 & 2023, but it’s very dependent on the how many people the consulting firms are hoping to hire each time they come to campus.
If your post-MBA goal is MBB, focus on the summer internship and do a tech internship part-time during a class term. If you are more open, then do a tech internship and risk it.
Also economy dependent: internship is a planned pipeline/baseline, ft without internship is a capacity lever. Back in 15-17 many firms did no full time hiring outside of internships and it caught folks by surprise
True for high demand markets (NYC, SF, etc.).
At least at mckinsey we don’t have caps. If you meet the bar you get an offer. Some offices don’t even have internships. That said, I’ve heard that the “bar” varies somewhat by office.
OP - I did tech for my summer and joined my firm full-time. Happy to talk specifics over DM if helpful.
The Firm *, pls fix
It’s easier in full time